Income Tax Act, 1961 - Section 4—Income—Addition—Income not pertaining to instant assessment year Avnish Navinchandra Shah v. ITO (2023) 189 TR (A) 567 (Ahd-Trib) : 2022 TaxPub(DT) 4237 (Ahd-Trib) Income Tax Act, 1961 - Section 50B—Capital gains—Slump sale—Treatment of negative net worth of undertaking Medi Assist Insurance TPA (P.) Ltd. v. Dy. CIT (2023) 189 TR (A) 592 (Bang ‘A’-Trib) : 2022 TaxPub(DT) 4218 (Bang-Trib) Income Tax Act, 1961 - Section 48—Capital gains—Indexed cost of acquisition—Interest cost incurred for acquisition of capital asset DCIT v. Kanwal Mohan Singh Sehgal (2023) 189 TR (A) 591 (Del-Trib) : 2022 TaxPub(DT) 5748 (Del-Trib) Income Tax Act, 1961 - Section 45(3)—Capital gains—Transfer of capital assets by partner in a firm as capital contribution—AO invoked section 50C for arriving at full value of consideration C. Bhansali Developers (P). Ltd. v. Asstt. CIT (2023) 189 TR (A) 590 (Mum-Trib) : 2022 TaxPub(DT) 6362 (Mum-Trib) Income Tax Act, 1961 - Section 43(1)—Depreciation—Actual cost—Invocation of Explanation 6 to section 43(1) read with Explanation 2 to section 43(6) ACIT v. Max Healthcare Institute Ltd. (2023) 189 TR (A) 589 (Del-Trib) : 2022 TaxPub(DT) 4645 (Del-Trib) Income Tax Act, 1961 - Section 54—Capital gains—Exemption under section 54—Assessee purchased residential site and used portion of net sale consideration for construction of new house—Assessee not appropriated the balance sale consideration either in investment in construction of residential house or deposit into account notified by Central Govt. ITO v. Mujeeb Urrahman (2023) 189 TR (A) 593 (Bang-Trib) : 2021 TaxPub(DT) 4804 (Bang-Trib) Income Tax Act, 1961 - Section 37(1)—Business expenditure—Year-end provision for expenses—Provision for expenses, whether unascertained liability L’Oreal India (P) Ltd. v. Addl./Jt./Dy./Asstt. CIT/ITO/National Faceless Assessment Centre (2023) 189 TR (A) 586 (Mum-Trib) : 2022 TaxPub(DT) 4642 (Mum-Trib) Income Tax Act, 1961 - Section 37(1), Expln.—Business expenditure—Compounding fees paid for overload to RTO—AO invoked explanation to section 37(1) Dy. CIT v. Anju Saraf (2023) 189 TR (A) 587 (Nag-Trib) : 2022 TaxPub(DT) 5065 (Nag-Trib) Income Tax Act, 1961 - Section 68—Income from undisclosed sources—Addition under section 68—Unexplained cash credit—Share premium having value more than market value of shares—Source of funds being not doubted ITO v. Gama Entertainment Systems (P) Ltd. (2023) 189 TR (A) 603 (Mum-Trib) : 2022 TaxPub(DT) 4042 (Mum-Trib) Income Tax Act, 1961 - Section 68—Income from undisclosed sources—Addition under section 68—Receipt of unsecured loan Asstt. CIT v. H.B. Sudarshan (2023) 189 TR (A) 601 (Bang-Trib) : 2022 TaxPub(DT) 4163 (Bang-Trib)