Latest One-Liner Case Law Highlights By @HubofCA:
• Reassessment to enhance disallowance on basis of existing material available before AO isn’t permissible: ITAT
• Revised Form 36 to be filed by legal heir/revenue if assessee expired during proceedings before ITAT: Agra ITAT
• Sum which was offered as income can be claimed as deduction in subsequent year if same wasn’t received
• Delhi HC quashes assessment order and remitted matter back as assessee hadn’t been granted personal hearing
• Revenue was unfair in giving only 5 days to file objections if it has time till 30-06-2021 to pass final order: HC
• Swiss Bank deposits not taxable as exchange of info. prior to 01-04-2011 not covered by Article 26 : Delhi ITAT
• HC remanded matter as ITAT heard matter ex parte without properly adverting to relevant facts
• Single judge cannot declare sec. 206AA as violative of fundamental rights without recording any findings : HC
