Log in or register to post comments7 views Week No. 14 Week Duration Sat, 03/04/2021 - 12:00 - Fri, 09/04/2021 - 12:00 Rulings ITAT: Extends stay for Microsoft India; Considers payment of more than 50% demand ITAT: Grants Sec.54F benefit to assessee despite non-deposit in Capital Gains Account Scheme ITAT: Addition for alleged 'bogus LTCG' based on only investigation wing report without corroborative evidence, unsustainable HC: Upholds reassessment for failure to fully disclose material facts related to investment in shares HC: Interest chargeability issue covered under CBDT-circular fixing monetary limit for departmental appeal; Dismisses Revenue's appeal HC: Trial production machinery kept in 'ready to use' condition, eligible for depreciation HC: Interest-free loan to sister concerns with similar objects, not violative of Sec. 13(1)(d); Allows Sec.11 exemption ITAT: CIT(A) to address objections against filing appeal electronically; Sets aside order rejecting appeal in paper form ITAT: Disallows addition of new source of Income by CIT(A) ITAT: Confirms CIT(A)'s income enhancement based on 'source of income' not considered by Revenue during reassessment Rate: Select ratingGive it 1/5Give it 2/5Give it 3/5Give it 4/5Give it 5/5