ITAT Chandigarh Judgments — December 2020

The Tribunal held that scrap generated from manufacturing activity is eligible for deduction under Section 80IC. It also directed the Assessing Officer to recalculate interest disallowance on an average cost basis and to allow netting of interest income.

The Tribunal held that scrap generated from manufacturing activity is eligible for deduction under Section 80IC. It also directed the Assessing Officer to recalculate interest disallowance on an average cost basis and to allow netting of interest income.

The Tribunal held that scrap generated from manufacturing activity is eligible for deduction under Section 80IC. It also directed the Assessing Officer to recalculate interest disallowance on an average cost basis and to allow netting of interest income.

The Tribunal held that scrap generated from manufacturing activity is eligible for deduction under Section 80IC. It also directed the Assessing Officer to recalculate interest disallowance on an average cost basis and to allow netting of interest income.

The tribunal allowed the withdrawal of the appeal as the assessee had opted for the Vivad se Vishwas scheme and received Form 3.

The tribunal allowed the appeal to be withdrawn as the assessee had availed the Vivad se Vishwas scheme and the department had issued Form 3.

The Tribunal noted that the assessee had applied for the Vivad se Vishwas Scheme and the dispute was settled. Therefore, the assessee's counsel sought to withdraw the appeal.

The Tribunal considered the assessee's application for withdrawal and the revenue's lack of objection. Consequently, the appeal was dismissed as withdrawn.

The assessee requested to withdraw the appeal as they had opted for the Direct Tax Vivad Se Vishwas Scheme, 2020, and the department had issued the necessary form. The Revenue had no objection.

The assessee had filed an application under The Direct Tax Vivad Se Vishwas Scheme, 2020, and the department had issued Form No. 3. The Revenue had no objection to the withdrawal.

The Tribunal held that the deduction under Section 80IA was allowable as it was covered by previous decisions in the assessee's own case. The disallowance under Section 14A was also upheld based on the CIT(A)'s reliance on High Court and Supreme Court judgments.

The Tribunal held that interest received on enhanced compensation under Section 28 of the Land Acquisition Act is in the nature of compensation and is exempt under Section 10(37) of the Income Tax Act, following Supreme Court judgments. Therefore, it is not taxable under Section 56.

The Tribunal held that the assessee failed to provide a satisfactory explanation for the cash deposit, considering the surrounding circumstances and human probability. The addition made by the Assessing Officer was confirmed.

The tribunal allowed the assessee to withdraw the appeal as the assessee had opted for the Direct Tax Vivad se Vishwas Scheme and Form 3 was issued.

The assessee sought to withdraw the appeal as they had opted for the Direct Tax Vivad Se Vishwas Scheme, 2020. The revenue had no objection to this request.

The Tribunal allowed the assessees' applications to withdraw their appeals. The Revenue did not object to the withdrawal.

The Tribunal allowed the assessees' applications to withdraw their appeals. The Revenue did not object to the withdrawal.

The Tribunal allowed the assessees' appeals to be withdrawn. The Revenue did not object to the dismissal of the appeals as withdrawn.

The Tribunal allowed the assessees' applications for withdrawal of their appeals. The Revenue did not object to the dismissal of the appeals as withdrawn.

The Tribunal upheld the CIT(A)'s order, finding no infirmity in deleting the additions. The Tribunal noted that the AO's grounds for denial, including profit margins, payments to the doctor, and losses from another unit, were not substantiated or were based on incorrect comparisons.

The assessee's counsel expressed the intention to withdraw the appeals as the dispute was settled under the Vivad Se Vishwas Scheme. The Revenue had no objection to the withdrawal.

The Tribunal allowed the assessees to withdraw their appeals. The Revenue did not object to the withdrawal.

The Tribunal allowed the assessees to withdraw their appeals. The Revenue did not object to the withdrawal.

The Tribunal allowed the assessees to withdraw their appeals. The Revenue did not object to the withdrawal.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The tribunal allowed the assessee to withdraw the appeal. This was based on the assessee having already obtained registration under section 12AA, and the Finance Act, 2020 allowing an option between section 12AA registration or section 10(23C) approval.

The Tribunal allowed the assessee to withdraw the appeal as the assessee had availed the Vivad se Vishwas Scheme and the Income Tax Department had issued the necessary certificate.

The tribunal allowed the assessees to withdraw their appeals. The Revenue did not object to the withdrawal.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The Tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received certificates under Section 5(1) of the Act.

The tribunal allowed the assessees to withdraw their appeals. The Revenue did not object to the withdrawal.

The tribunal allowed the assessee to withdraw the appeal as the assessee had opted for the Vivad se Vishwas Scheme and the department did not object.

The tribunal allowed the withdrawal of the appeal based on the assessee's participation in the 'Vivad se Vishwas Scheme'. The Revenue did not object to the withdrawal.

The Tribunal held that the CIT(E) doubted the financial statements but did not provide the assessee with a reasonable opportunity to clarify these doubts. Therefore, the case was remanded back to the CIT(E) for fresh adjudication.

The tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received relevant certificates from the Income Tax Department.

The tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received relevant certificates from the Income Tax Department.

The tribunal allowed the assessees to withdraw their appeals as they had availed the Vivad se Vishwas scheme and received relevant certificates from the Income Tax Department.

The tribunal allowed the assessee's application for withdrawal of the appeal. This was based on the assessee availing the Vivad Se Vishwas scheme and receiving a certificate, to which the revenue did not object.

The assessee requested withdrawal of the appeal due to availing the Vivad se Vishwas scheme. The Revenue did not object to the withdrawal.

The Tribunal, following established legal precedents, treated the appeal as unadmitted due to the assessee's non-appearance and non-prosecution.