M/S LORD MAHAVIR HOMEOPATHIC MEDICAL COLLAGE & HOSPITAL,LUDHIANA vs. INCOME TAX OFFICER WARD- ( EXEMPTIONS), JALANDHAR

In the result the 2nd ground raised by the assessee is liable to be allowed

Bench: Shri Laliet Kumar & Dr. Mitha Lal Meena

14 17. Further, during the argument the assessee has submitted that by the amendment, w.e.f., 01.06.1999, clause 2 in section 12AA was inserted with the following effect page 21 is as under: “2. Every order granting or refusing registration under clause (b) of sub- section (1) shall be passed before the expiry of six months from

LORD MAHAVIRA HOMOEOPHATIC MEDICAL COLLEGE AND HOSPITAL ,LUDHIANA vs. INCOME TAX OFFICER (EXEMPTIONS), JALANDHAR

In the result the 2nd ground raised by the assessee is liable to be allowed

Bench: Shri Laliet Kumar & Dr. Mitha Lal Meena

14 17. Further, during the argument the assessee has submitted that by the amendment, w.e.f., 01.06.1999, clause 2 in section 12AA was inserted with the following effect page 21 is as under: “2. Every order granting or refusing registration under clause (b) of sub- section (1) shall be passed before the expiry of six months from

M/S LORD MAHAVIRA HOMEOP[ATHIC MEDICAL COLLEGE & HOSPITAL ,LUDHIANA vs. INCOME TAX OFFICER WARD- ( EXEMPTIONS), JALANDHAR

In the result the 2nd ground raised by the assessee is liable to be allowed

Bench: Shri Laliet Kumar & Dr. Mitha Lal Meena

14 17. Further, during the argument the assessee has submitted that by the amendment, w.e.f., 01.06.1999, clause 2 in section 12AA was inserted with the following effect page 21 is as under: “2. Every order granting or refusing registration under clause (b) of sub- section (1) shall be passed before the expiry of six months from

INDIAN TOOLS TECHNOLOGY CENTRE ,JALANDHAR vs. INCOME TAX OFICER WARD II(1), JALANDHAR

Bench: Sh. Ravish Sood & Dr. M. L. Meena

2,47,81,520/- 86,35,795/- 3,34,17,315/- 17,48,00,000/- 3.1 Thus, in the subsequent year, entire amount of Rs. 17.48 erores was returned to the DIPP along with interest. The assessee argued during assessment 4 proceedings that interest paid was on account of funds received from DIPP which had been paid given the fact

SMT. INDERMEET BAINS W/O SH. D.S. BAINS,BATHINDA vs. PR. COMMISSIONER OF INCOME TAX , BATHINDA

The appeal of the assessee is disposed of in the term indicated as above

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

iii) The assessee was holding this land The assessee was holding this for a period of more than 2 years. land for a period of more than 2 Thus it was not a temporary years. Thus it was not a character or by way of a stop-gap temporary character or by way arrangement. of a stop-gap arrangement

DEPUTY COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S. SADHU SINGH HAMDARD TRUST,, JALANDHAR

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

III, Jalandhar Trust, Nehru Garden Road, Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant I.T.A. No. 129/Asr/2002 Assessment Year: 1998-99 M/s Sadhu Singh Hamdard Vs. Addl. Commissioner of Income Trust, Nehru Garden Road, Spl. Range, Jalandhar Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant 3 ITA Nos. 184 to 186/Asr/2001 &Ors. Sadhu Singh Hamdard Trust v.Asstt. CIT& Ors. Appellant by : Sh. Gunjeet Singh

THE ASSISTANT COMMISSIONER OF INCOME TAX,JALANDHAR vs. M/S. SADHU SINGH HAMDARD TRUST, JALANDHAR

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

III, Jalandhar Trust, Nehru Garden Road, Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant I.T.A. No. 129/Asr/2002 Assessment Year: 1998-99 M/s Sadhu Singh Hamdard Vs. Addl. Commissioner of Income Trust, Nehru Garden Road, Spl. Range, Jalandhar Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant 3 ITA Nos. 184 to 186/Asr/2001 &Ors. Sadhu Singh Hamdard Trust v.Asstt. CIT& Ors. Appellant by : Sh. Gunjeet Singh

M/S. SADHU SINGH HAMDARD TRUST,JALANDHAR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR

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

III, Jalandhar Trust, Nehru Garden Road, Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant I.T.A. No. 129/Asr/2002 Assessment Year: 1998-99 M/s Sadhu Singh Hamdard Vs. Addl. Commissioner of Income Trust, Nehru Garden Road, Spl. Range, Jalandhar Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant 3 ITA Nos. 184 to 186/Asr/2001 &Ors. Sadhu Singh Hamdard Trust v.Asstt. CIT& Ors. Appellant by : Sh. Gunjeet Singh

DCIT, JALANDHAR vs. M/S. SADHU SINGH HAMDARD TRUST, JALANDHAR

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

III, Jalandhar Trust, Nehru Garden Road, Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant I.T.A. No. 129/Asr/2002 Assessment Year: 1998-99 M/s Sadhu Singh Hamdard Vs. Addl. Commissioner of Income Trust, Nehru Garden Road, Spl. Range, Jalandhar Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant 3 ITA Nos. 184 to 186/Asr/2001 &Ors. Sadhu Singh Hamdard Trust v.Asstt. CIT& Ors. Appellant by : Sh. Gunjeet Singh

THE ASSISTANT COMMISSIONER OF INCOME TAX,JALANDHAR vs. M/S. SADHU SINGH HAMDARD TRUST, JALANDHAR

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

III, Jalandhar Trust, Nehru Garden Road, Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant I.T.A. No. 129/Asr/2002 Assessment Year: 1998-99 M/s Sadhu Singh Hamdard Vs. Addl. Commissioner of Income Trust, Nehru Garden Road, Spl. Range, Jalandhar Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant 3 ITA Nos. 184 to 186/Asr/2001 &Ors. Sadhu Singh Hamdard Trust v.Asstt. CIT& Ors. Appellant by : Sh. Gunjeet Singh

THE DCIT, JALANDHAR vs. M/S. SADHU SINGH HAMDARD TRUST, JALANDHAR

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

III, Jalandhar Trust, Nehru Garden Road, Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant I.T.A. No. 129/Asr/2002 Assessment Year: 1998-99 M/s Sadhu Singh Hamdard Vs. Addl. Commissioner of Income Trust, Nehru Garden Road, Spl. Range, Jalandhar Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant 3 ITA Nos. 184 to 186/Asr/2001 &Ors. Sadhu Singh Hamdard Trust v.Asstt. CIT& Ors. Appellant by : Sh. Gunjeet Singh

THE ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S. SADHU SINGH HAMDARD TRUST, JALANDHAR

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

III, Jalandhar Trust, Nehru Garden Road, Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant I.T.A. No. 129/Asr/2002 Assessment Year: 1998-99 M/s Sadhu Singh Hamdard Vs. Addl. Commissioner of Income Trust, Nehru Garden Road, Spl. Range, Jalandhar Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant 3 ITA Nos. 184 to 186/Asr/2001 &Ors. Sadhu Singh Hamdard Trust v.Asstt. CIT& Ors. Appellant by : Sh. Gunjeet Singh

M/S SADHU SINGH HAMDARD TRUST,JALANDHAR vs. THE ADDL. COMMISSIONER OF INCOME TAX, JALANDHAR

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

III, Jalandhar Trust, Nehru Garden Road, Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant I.T.A. No. 129/Asr/2002 Assessment Year: 1998-99 M/s Sadhu Singh Hamdard Vs. Addl. Commissioner of Income Trust, Nehru Garden Road, Spl. Range, Jalandhar Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant 3 ITA Nos. 184 to 186/Asr/2001 &Ors. Sadhu Singh Hamdard Trust v.Asstt. CIT& Ors. Appellant by : Sh. Gunjeet Singh

THE ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR vs. M/S. SADHU SINGH HAMDARD TRUST, JALANDHAR

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

III, Jalandhar Trust, Nehru Garden Road, Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant I.T.A. No. 129/Asr/2002 Assessment Year: 1998-99 M/s Sadhu Singh Hamdard Vs. Addl. Commissioner of Income Trust, Nehru Garden Road, Spl. Range, Jalandhar Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant 3 ITA Nos. 184 to 186/Asr/2001 &Ors. Sadhu Singh Hamdard Trust v.Asstt. CIT& Ors. Appellant by : Sh. Gunjeet Singh

M/S. SADHU SINGH HAMDARD TRUST,JALANDHAR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR

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

III, Jalandhar Trust, Nehru Garden Road, Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant I.T.A. No. 129/Asr/2002 Assessment Year: 1998-99 M/s Sadhu Singh Hamdard Vs. Addl. Commissioner of Income Trust, Nehru Garden Road, Spl. Range, Jalandhar Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant 3 ITA Nos. 184 to 186/Asr/2001 &Ors. Sadhu Singh Hamdard Trust v.Asstt. CIT& Ors. Appellant by : Sh. Gunjeet Singh

M/S. SADHU SINGH HAMDARD TRUST,JALANDHAR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR

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

III, Jalandhar Trust, Nehru Garden Road, Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant I.T.A. No. 129/Asr/2002 Assessment Year: 1998-99 M/s Sadhu Singh Hamdard Vs. Addl. Commissioner of Income Trust, Nehru Garden Road, Spl. Range, Jalandhar Jalandhar [PAN: AAATS 3278A] (Respondent) (Appellant 3 ITA Nos. 184 to 186/Asr/2001 &Ors. Sadhu Singh Hamdard Trust v.Asstt. CIT& Ors. Appellant by : Sh. Gunjeet Singh

M/S ACTIVE TOOLS (P). LIMITED,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE -II, JALANDHAR

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

property, profits and gains of business or profession, or capital gains, nor as it income from "other sources" because the provisions of sections 69,69A, 69B and 69 treat unexplained investments, unexplained money, bullion etc. and unexplained expenditure as deemed income where the nature and sources of investment, acquisition or expenditure, as the case may be, have not been explained

SH. RAGHUNATH SAHAI PURI(DECD),PATHANKOT vs. THE DEPTY COMMISSIONER OF INCOME TAX, PATHANKOT

In the result, the appeal of the assessee is partly allowed

Bench: Sh. N. K. Choudhry & Sh. O. P. Meenai.T.A. No. 633/Asr/2014 Assessment Year: 2007-08

House Building Society Ltd., Mohali (facts discussed in detail supra) and arising to the appellant was disclosed in the revised return of the income by the appellant on 07.01.2010 but vide order u/s 143(3) the assessment of LTCG has been framed at RS.1,75,36,744/-. The appeal filed by the appellant was dismissed by me in appeal