Log in or register to post comments1 view Week No. 15 Week Duration Sun, 12/04/2026 - 12:00 - Sat, 18/04/2026 - 12:00 Rulings HC: Loan raising expenditure for repaying liabilities & statutory dues allowable; Cannot question Assessee’s commercial expediency ITAT: Quashes reassessment u/s 148 sans signature or valid sanction; Unsigned approval vitiates jurisdiction ITAT: Deletes Sec. 68 addition on share capital as unsustainable on proven identity, creditworthiness & genuineness despite shareholder non-appearance ITAT: Quashes reassessment due to incorrect ‘reasons to believe’ basis non-attributable penny stock transactions ITAT: Allows Sec. 80IC deduction despite delayed Form 10CCB due to technical omission ITAT: Upholds Sec. 68 addition on accommodation share capital sans Assessee’s failure to discharge primary onus Rate: Select ratingGive it 1/5Give it 2/5Give it 3/5Give it 4/5Give it 5/5