Log in or register to post comments3 views Week No. 16 Week Duration Sun, 17/04/2022 - 12:00 - Sat, 23/04/2022 - 12:00 Rulings HC: Follows other HCs in reassessment controversy; Quashes notice issued under old regime, grants Revenue liberty to reissue notices HC: Quashes reassessment notice as JAO admits ‘bonafide mistake’ due to work load ITAT: Holds MOL Corp’s revenue from product licencing fees, cloud services not taxable as royalty ITAT: Rules on allowability of commission expense, ad hoc disallowance in Wuhan Research Institute’s case ITAT: Allows expenditure incurred by Cineyug to retain infrastructure during temporary lull in business ITAT: Deletes ad hoc disallowance of cash expenditure on fuel, freight for transport operator ITAT: Restores matter in EduNxt's case over royalty issue in light of SC ruling in Engineering Analysis ITAT: Computation under Sec.11(1)(a) basis actual receipts contrary to law; Allows computation based on actual income ITAT: Restores issue of allowability of depreciation on revalued building pursuant to conversion of firm into company ITAT: Condones delay of over 500 days in filing appeal before CIT(A) in non-resident's case ITAT: Loss on abandoned projects, capital in nature, eligible for set off in relevant year Rate: Select ratingGive it 1/5Give it 2/5Give it 3/5Give it 4/5Give it 5/5