Sec 54 deduction is available when new residential property is purchased in spouse’s name: ITAT Mumbai
Revenue is misinterpreting the Scheme, perhaps to cover its deficiency of not following the Scheme for issuing notice under Section 148 by JAO & not by FAO: Bombay HC
Section 44AD would not operate to curtail the scope of income as defined under s. 2(24): ITAT Ahmedabad
Marketing/Recruitment/Referral of aspiring students to foreign universities/college is not an ‘Intermediary Service’ : AAR Telangana
Addition cannot be made under Section 68, merely for non-response from directors to notices: Calcutta HC
E-Assessment of Income Escaping Assessment Scheme, 2022 is clear and categorical that notice U/s 148 of the Act shall be issued through automated allocation and in a faceless manner & so Notice issued by JAO is invalid: Bombay HC
In Faceless assessments, if the AO does not agree with the explanations provided by the assessee, an opportunity for personal hearing is mandatory: Allahabad HC
E-Assessment of Income Escaping Assessment Scheme, 2022] provides that the notice U/s 148 shall be issued through automated allocation, in accordance with risk management strategy- Notice issued by JAO is invalid: Bombay HC
