SHRI ASHOK KUMAR,AMRITSAR vs. INCOME TAX OFFICER WARD - 5 (1), AMRITSAR

In the result, both the appeals of the assessees are allowed

92, Kamla Nehru Colony, Deputy/Assistant Commissioner Bathinda of Income Tax, ITO, National e- Assessment Centre, Delhi PAN NO: AAEFA7456Q Appellant Respondent Assessee by : Shri Praveen Chaudhary , Advocate Assessment Year: 2019-20 M/s Speedways Rubber Co. Vs The Asst. CIT Suchi Pind Bye Pass G.T. Road CPC, Bengaluru / ACIT, Circle-2 Jalandhar Jalandhar PAN NO: AAEFS9575J Appellant Respondent Assessee by : Shri

KOCHAR INFOTECH LIMITERD,AMRITSAR vs. DEPUTY CXOMMISSIONER OF INCOME TAX CIRCLE-1, AMRITSAR

In the result, both the appeals of the assessees are allowed

92, Kamla Nehru Colony, Deputy/Assistant Commissioner Bathinda of Income Tax, ITO, National e- Assessment Centre, Delhi PAN NO: AAEFA7456Q Appellant Respondent Assessee by : Shri Praveen Chaudhary , Advocate Assessment Year: 2019-20 M/s Speedways Rubber Co. Vs The Asst. CIT Suchi Pind Bye Pass G.T. Road CPC, Bengaluru / ACIT, Circle-2 Jalandhar Jalandhar PAN NO: AAEFS9575J Appellant Respondent Assessee by : Shri

M/S SPEEDWAYS RUBBER COMPANY ,JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-2, JALANDHAR

In the result, both the appeals of the assessees are allowed

92, Kamla Nehru Colony, Deputy/Assistant Commissioner Bathinda of Income Tax, ITO, National e- Assessment Centre, Delhi PAN NO: AAEFA7456Q Appellant Respondent Assessee by : Shri Praveen Chaudhary , Advocate Assessment Year: 2019-20 M/s Speedways Rubber Co. Vs The Asst. CIT Suchi Pind Bye Pass G.T. Road CPC, Bengaluru / ACIT, Circle-2 Jalandhar Jalandhar PAN NO: AAEFS9575J Appellant Respondent Assessee by : Shri

THE JAMMU AND KASHMIR BANK LIMITED,SRINAGAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, JAMMU

In the result, the ground No

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

disallowance of Rs.3,71,92,908/- as to why he is not satisfied with the correctness of the claim of the assessee. Sub-section

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, JAMMU vs. MESERS JAMMU & KASHMIR BANK LIMITED , SRINAGAR

In the result, the ground No

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

disallowance of Rs.3,71,92,908/- as to why he is not satisfied with the correctness of the claim of the assessee. Sub-section

ASSISTANT COMMISIONER OF INCOME TAX , CIRCLE-1, JAMMU vs. MESERS JAMMU & KASHMIR BANK LIMITED , SRINAGAR

In the result, the ground No

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

disallowance of Rs.3,71,92,908/- as to why he is not satisfied with the correctness of the claim of the assessee. Sub-section

THE DY. COMMISSIONER INCOME-TAX, JAMMU vs. M/S. THE JAMMU & KASHMIR BANK LTD,, SRINAGAR

In the result, the ground No

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

disallowance of Rs.3,71,92,908/- as to why he is not satisfied with the correctness of the claim of the assessee. Sub-section

ASSISTANT COMMISSIONER OF INCOME -TAX , CIRCLE -1,, JAMMU vs. THE JAMMU & KASHMIR BANK LTD.,, SRINAGAR

In the result, the ground No

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

disallowance of Rs.3,71,92,908/- as to why he is not satisfied with the correctness of the claim of the assessee. Sub-section

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, JAMMU, SRINAGAR vs. MESERS JAMMU & KASHMIR BANK LIMITED , SRINAGAR

In the result, the ground No

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

disallowance of Rs.3,71,92,908/- as to why he is not satisfied with the correctness of the claim of the assessee. Sub-section

THE DY. COMMISSIONER INCOME-TAX, JAMMU vs. M/S. THE JAMMU & KASHMIR BANK LTD,, SRINAGAR

In the result, the ground No

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

disallowance of Rs.3,71,92,908/- as to why he is not satisfied with the correctness of the claim of the assessee. Sub-section

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

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

92,129/- on account of disallowance under section 10B is rejected. 18. In the next issue, revenue has challenged that

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

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

92,129/- on account of disallowance under section 10B is rejected. 18. In the next issue, revenue has challenged that

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

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

92,129/- on account of disallowance under section 10B is rejected. 18. In the next issue, revenue has challenged that

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

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

92,129/- on account of disallowance under section 10B is rejected. 18. In the next issue, revenue has challenged that

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

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

92,129/- on account of disallowance under section 10B is rejected. 18. In the next issue, revenue has challenged that

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

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

92,129/- on account of disallowance under section 10B is rejected. 18. In the next issue, revenue has challenged that

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

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

92,129/- on account of disallowance under section 10B is rejected. 18. In the next issue, revenue has challenged that

ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE- 3, SRINAGAR vs. MEASAGE SAIFCO CEEMENTS PRIVATE LIMITED, SRINAGAR

In the result, the appeal of the Department and CO of the Assesse is 23

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

92,500/- 5. Interest free unsecured loans from relatives and 23,00,702/- friends Total 44,33,52,259/- The assessee company further submitted that the average advances to the sister concern for the year works out to Rs. 44,38,05,521/- which had been met out of the above surplus funds available with the company and the assessee