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1.Anti-dumping duty on synchronous digital hierarchy transmission equipment: Notification No. 15/2016-Customs.
2.Govt. mandates panic button and GPS in mobile phone.
3.No penalty for bonafide mistake in claiming both depreciation and deduction u/s. 24(a). [B. L. International vs. ACIT (ITAT Delhi)].
4.Interest paid for shares acquisition would partake character of shares cost. [DCIT vs. Fritz D. Silva ( ITAT Mumbai)].
5.LTCG cannot be disallowed merely based on information received from DDIT. [Kamlesh Mundra vs. ITO (ITAT Mumbai)].


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