M/S. SHARDABEN EDUCATION TRUST,GANDHINAGAR vs. THE INCOME TAX OFFICER, (EXEMPTIONS) WARD-1,, AHMEDABAD

In the result, the appeal filed by the assessee is allowed

Bench: Shri Waseem Ahmedआयकर अपील सं./Ita No.2312/Ahd/2018 िनधा"रण वष"/Asstt. Year:2014-2015 M/S. Shardaben Education Trust, Income Tax Officer, Set, Opp. Kailash Dham, Vs. (Exemption) Pethapur, Ward-1, Gandhinagar-382610. Ahmedabad.

TDS credit and self-assessment tax should be refunded. However, the AO vide order dated 09th November 2016 under section 143(3) of the Act rejected the claim of the assessee by holding that the claim of exemption under section 11 of the Act was not made in the return of income. Therefore

AHMEDABAD STRIPS PRIVATE LIMITED,AHMEDABAD vs. THE DY.CIT, TDS CIRCLE, AHMEDABAD

In the result, the appeal of the assessee is allowed

Bench: Ms. Suchitra Kambleassessment Year 2012-13

TDS, Circle, Ahmedabad dated 27/03/2019 needs to be rectified. I.T.A No. 2211/Ahd/2025 Ahmedabad Strips Pvt. Ltd., A.Y. 2012-13 03. That the Appellant Company has paid all the Taxes and liabilities of TDS/TCS for the year under consideration. However, the order passed u/s 2026C(6A) r.w.s. 206C (7) of the Act without appreciating the facts on records is erroneous

M/S. SINGHAL STEELS,VADODARA vs. THE ITO, TDS-2, VADODARA

In the result, the appeal filed by the Assessee is allowed for statistical purposes

Bench: Shri Mahavir Prasad, Judicial Memebr & Shri Waseem Ahmed, Accountant Memebr

6A)/206C(7) of the IT Act, 1961 should not be passed in his case for failure to collect TCS of Rs.1,48,112/- for the FY 2013-14. The deductor/collector, vide his reply dated 01.02.2016 stated that "the said section is not applicable to him as he is a trader". The ITO, TDS

LAMBDA THERAPEUTIC RESEARCH LTD.,,AHMEDABAD vs. DCIT CIRCLE-2(1) (2),, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

TDS. Admittedly, the payer is claiming an expense but the assessee is not showing corresponding income in its books of accounts as the work was not completed up to the certain stage. In fact the assessee accounts for the income upon the completion of level of work, therefore the advances from the customer are shown as liability in the books

THE DCIT, CIRCLE-2(1)(2),, AHMEDABAD vs. M/S. LAMBDA THERAPEUTIC RESEARCH LTD.,, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

TDS. Admittedly, the payer is claiming an expense but the assessee is not showing corresponding income in its books of accounts as the work was not completed up to the certain stage. In fact the assessee accounts for the income upon the completion of level of work, therefore the advances from the customer are shown as liability in the books

THE ACIT, CIRCLE-2(1)(2),, AHMEDABAD vs. LAMBDA THERAPEUTIC RESEARCH LTD.,, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

TDS. Admittedly, the payer is claiming an expense but the assessee is not showing corresponding income in its books of accounts as the work was not completed up to the certain stage. In fact the assessee accounts for the income upon the completion of level of work, therefore the advances from the customer are shown as liability in the books

LAMBDA THERAPEUTIC RESEARCH LIMITED,,AHMEDABAD vs. THE JT. CIT, RANGE-4,, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

TDS. Admittedly, the payer is claiming an expense but the assessee is not showing corresponding income in its books of accounts as the work was not completed up to the certain stage. In fact the assessee accounts for the income upon the completion of level of work, therefore the advances from the customer are shown as liability in the books

DY.COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(2),, AHMEDABAD vs. M/S. LAMDA THERAPEUTIC RESEARCH LTD.,, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

TDS. Admittedly, the payer is claiming an expense but the assessee is not showing corresponding income in its books of accounts as the work was not completed up to the certain stage. In fact the assessee accounts for the income upon the completion of level of work, therefore the advances from the customer are shown as liability in the books

LAMBDA THERAPEUTIC RESEARCH LIMITED,,AHMEDABAD vs. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(2),, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

TDS. Admittedly, the payer is claiming an expense but the assessee is not showing corresponding income in its books of accounts as the work was not completed up to the certain stage. In fact the assessee accounts for the income upon the completion of level of work, therefore the advances from the customer are shown as liability in the books

M/S. PRAMUKH COTPRESS INDIA PVT. LTD.,,SABARKANTHA vs. THE INCOME TAX OFFICER, S.K.WARD- 2,, HIMATNAGAR

6A and 6B of the A.O.’s order that the disallowance was in respect of electricity expenses that the assessee had incurred in cash to UGVCL amounting to Rs. 9,96,163/- and further electrical expenses of Rs. 67,000/- incurred in cash. Ld. Counsel for the assessee stated that this issue stood squarely covered in favour of the assessee