Log in or register to post comments Week No. 46 Week Duration Sat, 16/11/2019 - 12:00 - Fri, 22/11/2019 - 12:00 Rulings HC:Dismisses assessee's writ challenging non-supply of information sought from AO HC:Dismisses Revenue's appeal; No further attribution to PE, once ALP satisfied ITAT:Payment from different bank account for acquiring new asset, not an estoppel for Sec.54 deduction ITAT:Inference from SEZ Act/Rules unnecessary when definition provided in IT Act, Denies Sec.10AA benefit SC:Dismisses SLP, confirms undisclosed income addition w.r.t property sold by assessee's mother ITAT:Dismisses assessee's appeal; Expenditure incurred for replacement of windmill, CAPEX not Revenue ITAT: Approves Nokia's percentage completion based revenue-recognition; Delete addition of unearned revenue of over Rs.102 cr HC:Quashes reassessment proceedings initiated beyond 4yrs; Suggests ways to improve quality of adjudication ITAT:Share-premium utilised to repay loans, a scheming use of corporate veil; Remits issue for re-adjudication ITAT:Amount received by sole-proprietor towards transfer of goodwill to newly set-up company, a capital asset Rate: Select ratingGive it 1/5Give it 2/5Give it 3/5Give it 4/5Give it 5/5