ESS ESS KAY ENGINEERING COMPAY PRIVATE LIMITED ,KAPURTHALA vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-4, JALANDHAR

In the result, the appeal of the assessee bearing ITA 192/Asr/2022 is

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No.23/Asr/2023 Assessment Year: 2019-20 Ess Ess Kay Engineering Co. Vs. Nfac, Delhi/C/O Asstt. Pvt. Ltd. Factory Area, Commissioner Of Income Jalandhar. Tax Circle-4, Jalandhar. [Pan: Aaace5057G] (Respondent) (Appellant)

142, such return shall be processed in the following manner, namely: — (a) the total income or loss shall be computed after making the following adjustments, namely:— (ii) an incorrect claim, if such incorrect claim is apparent from any information in the return; (iv) disallowance of expenditure or increase in income indicated in the audit report but not taken into account

M/S. RAMCO ENGG WORKS ,JALANDHAR vs. INCOME TAX OFFICER WARD- 1 (1), JALANDHAR

In the result, ITA No. 261/Asr/2022 is dismissed and ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142, such return shall be processed in the following manner, namely: — (a) the total income or loss shall be computed after making the following adjustments, namely:— (ii) an incorrect claim, if such incorrect claim is apparent from any information in the return; (iv) disallowance of expenditure or increase in income indicated in the audit report but not taken into account

SHRI SACHIN KAPUR,JALANDHAR vs. INCOME TAX OFFICER WARD 3 (2), JALANDHAR

In the result, ITA No. 261/Asr/2022 is dismissed and ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142, such return shall be processed in the following manner, namely: — (a) the total income or loss shall be computed after making the following adjustments, namely:— (ii) an incorrect claim, if such incorrect claim is apparent from any information in the return; (iv) disallowance of expenditure or increase in income indicated in the audit report but not taken into account

NAVODIA TIMES PRIVATE LIMITED ,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-1, JALANDHAR

In the result, the appeal of the assessee bearing ITA 192/Asr/2022 is

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142, such return shall be processed in the following manner, namely: — (a) the total income or loss shall be computed after making the following adjustments, namely:— (ii) an incorrect claim, if such incorrect claim is apparent from any information in the return; (iv) disallowance of expenditure or increase in income indicated in the audit report but not taken into account

M/S BELTEX RUBBER INDIA,JALANDHAR vs. INCOME TAX OFFICER WARD - 1 (1) , JALANDHAR

In the result, the appeal of the assessee bearing ITA 192/Asr/2022 is dismissed

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142, such return shall be processed in the following manner, namely: — (a) the total income or loss shall be computed after making the following adjustments, namely:— (ii) an incorrect claim, if such incorrect claim is apparent from any information in the return; (iv) disallowance of expenditure or increase in income indicated in the audit report but not taken into account

M/S BELTEX RUBBER INDIA,JALANDHAR vs. INCOME TAX OFFICER WARD- 1 (1), JALANDHAR

In the result, the appeal of the assessee bearing ITA 192/Asr/2022 is dismissed

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142, such return shall be processed in the following manner, namely: — (a) the total income or loss shall be computed after making the following adjustments, namely:— (ii) an incorrect claim, if such incorrect claim is apparent from any information in the return; (iv) disallowance of expenditure or increase in income indicated in the audit report but not taken into account

THE ASSTT. COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S BROADWAY OVERSEAS LTD., JALANDHAR

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142(1) of the Act on 14.11.2011 along with questionnaire. 6.1 The AO being not satisfied with the submission of the appellant assesse, has completed the assessment vide order under section 143(3)/144C of the Act dated 02.02.2012 at an assessed income of Rs.4,20,04,589/-. 7. The assesse being aggrieved with the Assessment Order, went in appeal

THE ASSTT. COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S BROADWAY OVERSEAS LTD., JALANDHAR

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142(1) of the Act on 14.11.2011 along with questionnaire. 6.1 The AO being not satisfied with the submission of the appellant assesse, has completed the assessment vide order under section 143(3)/144C of the Act dated 02.02.2012 at an assessed income of Rs.4,20,04,589/-. 7. The assesse being aggrieved with the Assessment Order, went in appeal

BRODAWAYS OVERSEAS LIMITED,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, JALANDHAR

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142(1) of the Act on 14.11.2011 along with questionnaire. 6.1 The AO being not satisfied with the submission of the appellant assesse, has completed the assessment vide order under section 143(3)/144C of the Act dated 02.02.2012 at an assessed income of Rs.4,20,04,589/-. 7. The assesse being aggrieved with the Assessment Order, went in appeal

THE ASSTT. COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S BROADWAY OVERSEAS LTD., JALANDHAR

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142(1) of the Act on 14.11.2011 along with questionnaire. 6.1 The AO being not satisfied with the submission of the appellant assesse, has completed the assessment vide order under section 143(3)/144C of the Act dated 02.02.2012 at an assessed income of Rs.4,20,04,589/-. 7. The assesse being aggrieved with the Assessment Order, went in appeal

THE ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S BROADWAYS OVERSEAS LTD, JALANDHAR

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142(1) of the Act on 14.11.2011 along with questionnaire. 6.1 The AO being not satisfied with the submission of the appellant assesse, has completed the assessment vide order under section 143(3)/144C of the Act dated 02.02.2012 at an assessed income of Rs.4,20,04,589/-. 7. The assesse being aggrieved with the Assessment Order, went in appeal

THE ASSTT. COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S BROADWAY OVERSEAS LTD., JALANDHAR

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142(1) of the Act on 14.11.2011 along with questionnaire. 6.1 The AO being not satisfied with the submission of the appellant assesse, has completed the assessment vide order under section 143(3)/144C of the Act dated 02.02.2012 at an assessed income of Rs.4,20,04,589/-. 7. The assesse being aggrieved with the Assessment Order, went in appeal

THE ASSTT. COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S BROADWAYS OVERSEAS LTD, JALANDHAR

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142(1) of the Act on 14.11.2011 along with questionnaire. 6.1 The AO being not satisfied with the submission of the appellant assesse, has completed the assessment vide order under section 143(3)/144C of the Act dated 02.02.2012 at an assessed income of Rs.4,20,04,589/-. 7. The assesse being aggrieved with the Assessment Order, went in appeal

THE INCOME TAX OFFICER, SAMBA vs. SH. ASHOK KUMAR SHARMA, SAMBA

In the result, the appeal of the revenue in Ground nos

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No.475/Asr/2016 Assessment Year: 2013-14

disallowance U/s 40A(3) amount to Rs. 8,38,000/-.Being aggrieved the assessee filed the appeal before the ld. CIT(A). The CIT(A) allowed the appeal of the assessee. Being aggrieved revenue filed an appeal before us. Ground No.1 4. In the ground no. 1 of the revenue, the DR vehemently argued and contended that

SHRI RAJ KUMAR ( M/S RADHIKA SALES CORP ), AMRITSAR vs. INCOME TAX OFFICER WARD- 3 (3), AMRITSAR

In the result, the appeal of the assessee bearing ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

142 taxmann.com 544 (Jaipur - Trib.). Section 145, read with sections 68 and 133, of the Income-tax Act, 1961 - Method of accounting - Estimation of income (Discrepancy in receipts as shown in 26AS) - Assessment year 2013-14 - Case of assessee-contractor was selected for scrutiny through CASS due to difference in turnover between Form 26AS and books of account - Assessing Officer

MESERS SUPERTECH FORGINGS(INDIA) PVT.LTD.,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE IV, JALANDHAR

In the result, the appeal of the Assessee is allowed

section 147 appears to us to ensure that a party cannot get away by willfully making a false statement at the time of original assessment and when that falsity comes to notice, to turn around and say 'you accepted my lie, now your hands are tied and you can do nothing'. It would be a travesty of justice to allow

SHRI TIRLOK SINGH THROUGH LEGAL HEIR GURNAM SINGH,GURDASPUR vs. INCOME TAX OFFICER WARD , GURDASPUR

Appeals of the assessee are disposed of in the manner discussed as above

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No. 70 & 71/Asr/2023 Assessment Year: 2017-18 Tarlok Singh Through Legal Heir The Ito Gurnam Singh Dorangla Ward Gurdaspur-143521- Punjab Gurdaspur

disallowance on estimate basis against expenses claimed amounting to Rs. 28,092/- of personal nature. 5.4 ITAT Chennai Bench in the case of Shri Ramunaicker Raj Prop: M/s R.R. Plaza Vs. The ACIT (supra) has observed that when the Tax Audit Report was made available to the Assessing Officer before completion of assessment proceedings, then for venial technical glitch without

SHRI TIRLOK SONGH THROUGH LEGAL HEIR GURNAM SINGH,GURDASPUR vs. INCOME TAX OFFICER WARD, GURDASPUR

Appeals of the assessee are disposed of in the manner discussed as above

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No. 70 & 71/Asr/2023 Assessment Year: 2017-18 Tarlok Singh Through Legal Heir The Ito Gurnam Singh Dorangla Ward Gurdaspur-143521- Punjab Gurdaspur

disallowance on estimate basis against expenses claimed amounting to Rs. 28,092/- of personal nature. 5.4 ITAT Chennai Bench in the case of Shri Ramunaicker Raj Prop: M/s R.R. Plaza Vs. The ACIT (supra) has observed that when the Tax Audit Report was made available to the Assessing Officer before completion of assessment proceedings, then for venial technical glitch without