Weekly DT Digest

Agra ITAT deletes disallowance u/s 40(a)(i) for export commission paid to foreign agents without deducting tax during AYs

Rajasthan HC dismisses assessee’s writ against Tax Recovery Officer's (TRO) order raising demand against purchaser assessee, holds sale

Cochin ITAT sets-aside re-assessment assessing the rental income in the hands of assessee-trust (a family trust with 14

Mumbai ITAT deletes disallowance of lease rentals for AY 2006-07, holds that rentals paid on leasehold land cannot

Bangalore ITAT deletes addition on account of unaccounted cash sale receipts (of over Rs. 40 cr.) and bogus

Mumbai ITAT deletes disallowance u/s 40(a)(i), rules that TDS u/s. 195 not applicable on payments made by assessee-company

Allahabad HC upholds ITAT order and deletes penalty u/s 271(1)(c) levied on assessee- company (engaged in business of

Allahabad HC dismisses Revenue’s appeal, holds that the provision of Sec. 2(22)(e) can never be attracted in “absence

Bombay HC upholds ITAT’s order , rules that re-opening by AO for disallowing deduction u/s 80-IC on 'other

Kolkata ITAT grants exemption u/s 54 to assessee (an individual) for AY 2010-11, rules that mere availing of

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