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Week No.
26
Week Duration
Sun, 28/06/2026 - 12:00 - Sat, 04/07/2026 - 12:00
Rulings
HC: Draft assessment order u/s 144B mandatory only for eligible Assessee; Upholds assessment order against partnership firm
HC: Upholds Bata’s VRS/loss-of-salary TDS upon workmen failure to furnish Form 10E u/s 89 relief; Directs refund on fresh return
HC: Quashes reassessment notice u/s 148 as beyond permissible period of 10 years u/s 153A
ITAT: Allows full debenture discount deduction in year of issue, rejects Revenue’s amortisation plea
ITAT: Restricts Sec. 69A addition on undisclosed bank credits to 8% profit element where withdrawals followed
ITAT: Restricts dividend distribution tax u/s Sec. 115-O on Swiss shareholder dividends to 10% under India-Switzerland DTAA
ITAT: Deletes addition towards alleged accommodation entry sans no corroborative evidence
ITAT: Denial of Sec. 11 exemption shall be restricted to extent of Sec. 13(3) violations
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