Log in or register to post comments Week No. 39 Week Duration Sat, 28/09/2019 - 12:00 - Fri, 04/10/2019 - 12:00 Rulings ITAT:Sec.195 applicable only if income chargeable to tax in India; Deletes 40(a)(ia) disallowance ITAT:Mortgaged-property sold in discharge of loan availed by group-concerns, liable for capital-gains taxation ITAT:Quashes reassessment proceedings, 'escaped' capital gains not chargeable to tax in subject year HC:No TDS on interest accrued from adjudication till realisation on motor-vehicle insurance compensation ITAT:'Expense' set-off against unexplained income u/s 69 impermissible, Remits matter for Sec.115BBE(2) applicability to AO HC:Upholds ITAT order confirming assessee-board's liability for TCS on toll fees HC: Quashes show-cause notice for withholding refund u/s 241A sans return processing u/s 143(1) ITAT:Sec.56(2)(vii)(b) not attracted where property received on family settlement ITAT:Delay in possession of new residential-property, no estoppel for claiming Sec.54F exemption HC:Philanthropic expenditure incurred pursuant to MoU with Govt., 'business expenditure' u/s 37(1) Rate: Select ratingGive it 1/5Give it 2/5Give it 3/5Give it 4/5Give it 5/5