Here is Portfolio page of Ak, with all his work

Income addit'n by AO required fresh considerat'n, thus matter remanded to AO.
Dec. 24, 2015
Assessee-Co. was running stock ex. It was collecting listing fee from Co's listed in its stock ex. at prescribed rate. Assessee followed mercantile system of accounting. On appeal CIT(A) deleted addit'ns. On appeal ITAT held, In absence of explanations of assessee as to how element of uncertainty exists in respect of listing fee receivable from each of Co., not possible to adjudicate this issue. Thus, issue required fresh examinat'n at end of AO.-0…
Assessee's deduct'n claim u/s 10A of I.T.Act allowed by ITAT after denial by AO.
Dec. 24, 2015
Assessee developed & traded software & hardwares. In return declared total loss. TPO passed order u/s 92CA(3) without making any adjustm't. AO denied assessee's claim of deduct'n u/s 10A of Act. However, CIT(A) allowed it on appeal. On appeal HC upheld it holding that, assessee's claim for deduc'n could not be denied unless claim was withdrawn right from initial assessm't year. A.O was directed to recompute the book profit u/s115JB of I.T. …
Premises of Sequoia Capital have been searched by Enforcement department of FEMA
Apr. 20, 2016
Sequoia Capital is a minority share holder in Vasan Eye care, a Chennai based healthcare group. The enforcement department (ED) of FEMA is already probing Vasan for alleged FEMA violations. This has necessitated ED to look into Sequoia Capital too. Sequoia which calls itself "a startup building partner to founders in India who want to turn business ideas into enduring companies" has confirmed the action and is cooperating in all respects.
Allowed of only 1% exp. towards brand building exp. held correct by HC.
Dec. 11, 2015
Assessee received royalty against brand lease agreem't for tobacco related products.AO held, reason for booking said advert. exp. was to inflate profit of brand lease holder Co's. Thus, he only allowed 1% exp. towards brand building exp. CIT(A) deleted disallowance made by AO. ITAT upheld it. On appeal HC held, wh. assessee was wise & prudent in incurring exp., is not within domain of examinat'n by AO, unless premitted & allowed under statu…
SAT directed SEBI to completely investigate insider trading case in two months.
Nov. 05, 2015
Appellant was restrained from dealing in securities or accessing Indian Securities market directly or indirectly. On appeal SAT held, prima facie view taken by SEBI that before entering into trades, appellant was privy to UPSI that L&T has fixed the floor price for selling the shares of LTFH at Rs. 70 per share is based on mere presumption & without any sustainable basis. In these circumstances, continuation of the restraint order is unjust…
Departmental authorities Jurisdiction had to be founded on Sec. 34 of I.T.Act.
Oct. 30, 2015
Amount assessed as foreign income. Invoking of Sec.34 was denied. On appeal Tribunal held, until war was over, no information to ITO, if business was running & if any income had been earned at all abroad but termination of war & information about existence of foreign business, constituted definite information which justified taking of Sec. 34. On appeal HC upheld it stating that Sec. 34 was validly applied for relevant assessment year.
Admission of writ denied on ground that same would be abated u/s 245HA.
Oct. 30, 2015
Settlement Commission ordered settlement applications to be proceeded further on ground that settlement applications were invalid due to incomplete & false disclosure of all material facts of income & manner in which income was earned. On writ HC held, as time - limit of 18 months stipulated in section 245D(4A) will lapse. Thus, settlement applications would abate u/s 245HA, Hence, writ petition at could not to be entertained. -000279
Dep. claimed by assessee on tech. know-how & DMF allowed by ITAT.
Dec. 08, 2015
Assessee-co. mfd. & sold active pharma. ingredients & its intermediates. In return it declared loss u/s 115JB. In assessm't. AO noticing assessee's internat'nl transact'n referred it to TPO for determining its ALP. AO in assessment determined loss in book of a/c as shown by assessee. CIT(A) u/s 263 disallowed dep. on technical know-how & DMF. On appeal ITAT set aside CIT( A) decision & restored AO's holding, jurisdict'n u/s 263 not justified.
FDI policy & FEMA permit FDI in townships only through equity investments held …
Nov. 06, 2015
Plaintiff filed Suit against defendant for recovery of dues under Guarantee executed in his favor due to liability arising under OPCDs. HC held, transaction documents establish that transaction of routing FDI through newly interposed Vinca was colourable device & was structured to enable FMO to secure repayment of its FDI amount, contrary to FDI policy & statutory FEMA Regulations. Thus, bank guarantee issued by Vinca is also unenforceable.
Comparable Co. selected by AO for TP adjustm't rejected becoz. of diff. activity
Dec. 08, 2015
Assessee provided investment, advisory & other ancillary support services to its AEs. To determine ALP of internat'nl transact'ns, it had identified four Co's. as comparables to it. But, TPO had selected a new company & proposed TP addition.In final order, AO made TP additio'ns. DRP confirmed it. On appeal ITAT held, activities of ICSL are akin to job of merchant banker. Therefore, ICSL has to be excluded for TPA for year under consideration.-000325