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Business loss cannot be disallowed without taking cognizance of all relevant aspect

Case Name : Nilamben Sandipbhai Parikh Vs ACIT (ITAT Ahmedabad)
Appeal Number : ITA No. 1480/Ahd/2013
Date of Judgement/Order : 22/07/2022
Related Assessment Year : 2009-10
Courts : All ITAT (14945) ITAT Ahmedabad (1125)
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Section 234C interest not applies to shortfall in advance tax payment on windfall gain/unexpected income

Case Name : Hamilton Industries Pvt. Ltd. Vs ITO (ITAT Mumbai)
Appeal Number : ITA No. 218/Mum/2022
Date of Judgement/Order : 10/08/2022
Related Assessment Year : 2018-19
Courts : All ITAT (14945) ITAT Mumbai (3583)
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SC explains Section 34 of U.P. Trade Tax Act

Case Name : Commissioner, Trade Tax Vs Radico Khetan Ltd (Supreme Court of India)
Appeal Number : Civil Appeal Nos.  6396-6397 of 2009
Date of Judgement/Order : 19/09/2022
Related Assessment Year :
Courts : Supreme Court of India (2371)
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Section 263 order justified if AO failed to enquire source of cash deposits

Case Name : Asha Devi Vs PCIT (ITAT Bangalore)
Appeal Number : ITA No.371/Bang/2022
Date of Judgement/Order : 18/08/2022
Related Assessment Year : 2017-18
Courts : All ITAT (14945) ITAT Bangalore (1081)
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Income from supply of CAS & middleware products not falls under ‘royalty’

Case Name : CIT (International Taxation) Vs Nagravision S.A (Delhi High Court)
Appeal Number : ITA 348/2022
Date of Judgement/Order : 21/09/2022
Related Assessment Year : 2017-18
Courts : All High Courts (13931) Delhi High Court (3369)
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Retrospective amendment will not attract provisions of Section 263

Case Name : AI Champdany Industries Limited Vs Commissioner (Calcutta High Court)
Appeal Number : ITA/32/2005
Date of Judgement/Order : 16/09/2022
Related Assessment Year :
Courts : All High Courts (13931) Calcutta High Court (840)
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Section 10A deduction cannot be denied for Hardware used in Export of Software

Case Name : Subex Limited Vs DCIT (Karnataka High Court)
Appeal Number : I.T.A No. 42 of 2017
Date of Judgement/Order : 26/08/2022
Related Assessment Year :
Courts : All High Courts (13931) Karnataka High Court (634)
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Compensation Received would be Capital in nature if Cost of Project gone down

Case Name : Tata Advanced Systems Limited Vs ACIT (ITAT Mumbai)
Appeal Number : ITA No. 89/Mum/2020 and
Date of Judgement/Order : 90/Mum/2020
Related Assessment Year : 14/07/2022
Courts : All ITAT (14945) ITAT Mumbai (3583)
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Inclusion or exclusion of comparables per se cannot be treated as a question of law

Case Name : PCIT Vs Macquarie Global Services Pvt. Ltd. (Delhi High Court)
Appeal Number : ITA 156/2020
Date of Judgement/Order : 22/09/2022
Related Assessment Year :
Courts : All High Courts (13931) Delhi High Court (3369)
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In case of mixed funds investment must be considered to be out of interest free fund

Case Name : PCIT Vs PTC India Financial Services Limited (Delhi High Court)
Appeal Number : ITA 349/2022
Date of Judgement/Order : 22/09/2022
Related Assessment Year :
Courts : All High Courts (13931) Delhi High Court (3369)
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