DASHMESH TIMBER AND FURNITURE HOUSE,AJNALA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE, AMRITSAR

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

Bench: Sh. Udayan Dasgupta & Sh. Krinwant Sahay

65 lakhs, over and above the normal business profits), has been assessed (accepted) in scrutiny proceedings u/s 143(3) of the Act, 1961, after examination of regular books of accounts supported by relevant bills and vouchers, but the surrender amount of Rs.65 lakhs , has been treated as deemed income u/s 69 A of the Act, 1961, and subjected

THE DY. COMMISSIONER OF INCOME TAX, AMRITSAR. vs. SH. JAIMAL SINGH, L/H. SH. PREM CHAND,, TARN TARAN

In the result, the appeal bearing ITA No

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

65,73,150/-(Rs. 1,61,43,719 + Rs. I.T.A. No. 82/Asr/2016 3 & C.O. 11/Asr/2016 4,29,431) by admitting additional evidence without giving a specific opportunity of being heard to the A O. to rebut the same, which is in contravention of Rule 46A(3). iv) On the facts and in the circumstancesofthe case, the Ld.CIT(A)-2, Amritsar

VEENA KHINDRI,SRINAGAR vs. INCOME TAX OFFICER WARD-1, SRINAGAR

In the result, Assessee's appeal is allowed

section 115BAC\nis denied to the assessee, then, in such a case, the\nassessee is entitled to avail deduction under chapter\nVI-A of the income tax act 1961.\n6.\nThat the Ld. CIT(A) has erred in not accepting the\nform 10 IE and revised return filed on 25.03.2022\nwithout considering the fact that it was filed before\nthe

SHRI SUKHEV SINGH ,BATHINDA vs. INCOME TAX OFFICER, WARD 1(2), BATHINDA

In the result, the appeal of the assessee is allowed for statistical purpose

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

house on this benami plot with his own money out of the sale proceeds of the agricultural land. So, the assessee is entitled to deduction u/s 54F of the Act. This is further supported by the fact that the assessee was present in the Tehsil for the registration of purchase deed not the wife. 9. That in any case