Punjab and Haryana High Court sets aside reassessment notices for AY 2015-16 issued post April 1, 2021, aligning with the Supreme Court Deepak Steel ruling.
ITAT Hyderabad determines BSNL VRS 2019 compensation qualifies for Section 10 10B exemption, pending verification of employee workman status by the AO.
ITAT limits tax authority power to reject purchases without evidence, protecting businesses from arbitrary disallowances based on sales and stock records.