ACIT CIRCLE-4, AGRA vs. JHANSI DEVELOPMENT AUTHORITY, JHANSI

In the result the appeal of the assessee is allowed and the appeal

Bench: Shri Laliet Kumar,And Dr. Mitha Lal Meenajhansi Development Authority Vs..Dcit Circle-4, Commissionerycompus, Agra. Jhansi. (Now The Dy. Cit Panno.Aaalj0068K (Exemption) Ghaziabad. (Assessee) (Revenue) Acit, 4(1), Vs..Jhansi Development Agra. Authority (Now The Dy. Cit Commissionerycompus, Jhansi. (Exemption) Ghaziabad. Panno.Aaalj0068K (Revenue) (Assessee)

Gains of business or Profession” or “ Income from other & 355/Agra/2014 & SA Nos. 1 to 3/Ag/2017 7 (In ITA Nos. 149 to 151/Agra/2017) sources”. The completion of assessment under Chapter IV and invoking provisions of section 145(3) is wholly illegal in the case of the appellant which is enjoying registration u/s 12A. 3. Because the Ld. CIT(A) erred, both

A.C.I.T.,CIRCLE-2, GWALIOR vs. M/S VANDANA JAIN & RAMA BANSAL, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

56,25,000 75,00,000 (viii) Anita Saxena 31,00,000 1,93,75,000 5,81,25,000 7,75,00,000 Total ITA 124 /Agr/2014 & Ors 6 5. After expiry of lock-in period of one year on 11.2.2006, shares held by AOPs were sold gradually starting from the A.Y. 2006-07 and onwards through the Recognized

A.C.I.T., CIRCLE-2, GWALIOR vs. M/S RAKESH SHIVHARE & NISHA MITTAL, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

56,25,000 75,00,000 (viii) Anita Saxena 31,00,000 1,93,75,000 5,81,25,000 7,75,00,000 Total ITA 124 /Agr/2014 & Ors 6 5. After expiry of lock-in period of one year on 11.2.2006, shares held by AOPs were sold gradually starting from the A.Y. 2006-07 and onwards through the Recognized

A.C.I.T., CIRCLE-2,, AGRA vs. M/S SAKSHI TAIRI & CHHAYA BATTAD, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

56,25,000 75,00,000 (viii) Anita Saxena 31,00,000 1,93,75,000 5,81,25,000 7,75,00,000 Total ITA 124 /Agr/2014 & Ors 6 5. After expiry of lock-in period of one year on 11.2.2006, shares held by AOPs were sold gradually starting from the A.Y. 2006-07 and onwards through the Recognized

A.C.I.T., CIRCLE-2, GWALIOR vs. M/S SUNIL KUMAR MITTAL & MAMTA MITTAL, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

56,25,000 75,00,000 (viii) Anita Saxena 31,00,000 1,93,75,000 5,81,25,000 7,75,00,000 Total ITA 124 /Agr/2014 & Ors 6 5. After expiry of lock-in period of one year on 11.2.2006, shares held by AOPs were sold gradually starting from the A.Y. 2006-07 and onwards through the Recognized

A.C.I.T., CIRCLE-2, GWALIOR vs. M/S SHYAM SUNDER & MANISH TAORI, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

56,25,000 75,00,000 (viii) Anita Saxena 31,00,000 1,93,75,000 5,81,25,000 7,75,00,000 Total ITA 124 /Agr/2014 & Ors 6 5. After expiry of lock-in period of one year on 11.2.2006, shares held by AOPs were sold gradually starting from the A.Y. 2006-07 and onwards through the Recognized

AGRA DEVELOPMENT AUTHORITY,AGRA vs. DCIT., CIRCLE-1, AGRA

The appeals of the assessee are allowed and the appeal of the revenue is dismissed

56,27.767/- from the amount of Rs.42,24,51,350/- by ignoring the provisions of sec.13(8) and allowing exemption u/s 11(1 )(a) r.w. 11 (2) of the I.T. Act. (iii) That, the Ld.CIT(A) has erred in law & on facts by deleting the addition of Rs.10,16,129/-,on account of electricity expenses, by ignoring the facts brought