SMT. SATYAWATI MARWAHA THROUGH LEGAL HEIR SH. CHANDER SHEIKHAR MARWAHA,JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR

In the result, the appeal for Asstt

Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta

Section 68 of the Act and without considering the facts that no books of accounts have been maintained by the assessee. 7. That the appellant craves the leave to add, modify, amend or delete any of the grounds of appeal at the time of hearing and all the above grounds are without prejudice to each other.” The facts

SMT. SATYAWATI MARWAHA THROUGH LEGAL HEIR SH, CHANDER SHEIKHAR MARWAHA,JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR

In the result, the appeal for Asstt

Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta

Section 68 of the Act and without considering the facts that no books of accounts have been maintained by the assessee. 7. That the appellant craves the leave to add, modify, amend or delete any of the grounds of appeal at the time of hearing and all the above grounds are without prejudice to each other.” The facts

SHRI JASHANDEEP SINGH SIDHU,BATHINDA vs. INCOME TAX OFFICER WARD-1(3), BATHINDA

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

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

section 68 of the Act cannot apply to bank statement etc. which makes the addition as bad in law. 8. That the ld. CIT(A) erred on facts and law in confirming the ex- parte assessment orders passed by the ld. AO u/s. 144 dated 27.12.2017 in violation of principles of natural justice because neither notice

SHRI JASHANDEEP SINGH SIDHU,BATHINDA vs. INCOME TAX OFFICER WARD- 1 (3), BATHINDA

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

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

section 68 of the Act cannot apply to bank statement etc. which makes the addition as bad in law. 8. That the ld. CIT(A) erred on facts and law in confirming the ex- parte assessment orders passed by the ld. AO u/s. 144 dated 27.12.2017 in violation of principles of natural justice because neither notice

SH. BARAT PAL SOOD,,PHAGWARA vs. THE INCOME TAX OFFICER,, PHAGWARA

In the result, appeal of the assessee is partly allowed for statistical purposes

81 wherein was held that the contents of an affidavit cannot be rejected without cross-examining the person who gave the affidavit. In the context of violation of the principles of natural justice reliance was also placed on the decision of the IT AT Amritsar Bench in the case of Mayor & Co. Copy of the order

SHRI JASBIR SINGH ,AMRITSAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE, AMRITSAR

In the result, appeal of the assesseeITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No. 133/Asr/2022 Assessment Year: 2019-20

81,457/- -Rs 20,364/-) is being added to the income of the assessee as undisclosed investment from unexplained sources in the form of cash as per provisions of Section 69A of the I.T.Act and balance amount of surrendered excess stock i.e. Rs.36,85,398/-(49,13,866/- - 12,28,468/-) is being added to the income

M/S. RAMSON SWEETS,NAWANSHAHAR vs. INCOME TAX OFFICER WARD, NAWANSHAHAR

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

Bench: Sh. Udayan Dasgupta & Sh. Krinwant Sahay

68 of the Act chargeable to tax u/s 115BBE of the Act since provisions of amended section 115BBE of the Act are attracted w.e.f. A.Y. 2018-19 and are not applicable to A.Y. 2017-18. 5. That on facts and circumstances of the case, order passed by the Ld. CIT(A), National Faceless Appeal Centre (NFAC), Delhi, is illegal

INCOME TAX OFFICER WARD-1 (1), JALANDHAR vs. SHRI ANIL KUMAR WASON, JALANDHAR

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

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No. 164/Asr/2023 Assessment Year: 2014-15

section 143(2), notice was issued by the ld. AO. In scrutiny assessment, assessee filed relevant documents before the ld. AO specially all the Sundry Creditors of the assessee amounts to Rs.5,68,93,270/-. The assessment was completed u/s. 143(3). The ld. AO made an addition amount of Rs.5,68.93,270/- I.T.A. No.164/Asr/2023 3 Assessment Year

INCOME TAX OFFICER, WARD-2(3), ABOHAR, INCOME TAX OFFICE, ABOHAR vs. RAJ KUMAR, ABOHAR

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

Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta

Section 68 r.w.s. 115BBE) was rightly made to the returned income of the assessee. Therefore, the Ld. CIT(A) has erred in deleting the addition of Rs. 2,41,62,056/- u/s 68 r.w.s. 115BBE on account of Unexplained Sundry Creditors. 5. The Appellant craves leave to add, amend, alter, vary any or all the above grounds of appeal

SH. SURINDER KUMAR MAHAJAN, GOVT. CONTRACTOR,,PATHANKOT vs. THE INCOME TAX OFFICER,, PATHANKOT

In the result, the appeal of the assesse is allowed

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

81,000/- as mentioned by the authorities which is factually incorrect. He has argued that the assessee has not maintained books of account and where the assessee did not maintain the books of account and declared an income u/s 44AD. The provisions of section 68

SHRI ONKAR SINGH ,HOSHIARPUR vs. INCOME TAX OFFICER, WARD-3, HOSHIARPUR

In the result, both the appeals of the assessee ITA No

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

section 68 of the Act is illegal, unjustified and unwarranted by the facts of the case, because the Assessee is an agriculturist and is not maintaining books of A/c. 3. That the AO has not found credit in the books of the Assessee and saving A/c maintained by the Assessee cannot be treated as books of A/c as such

SHRI ONKAR SINGH,HOSHIARPUR vs. INCOME TAX OFFICER, WARD-3, HOSHIARPUR

In the result, both the appeals of the assessee ITA No

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

section 68 of the Act is illegal, unjustified and unwarranted by the facts of the case, because the Assessee is an agriculturist and is not maintaining books of A/c. 3. That the AO has not found credit in the books of the Assessee and saving A/c maintained by the Assessee cannot be treated as books of A/c as such

SH.SHREE GURU NANAK DEV QUIN-CENTENARY CELEBRATION COMMITTEE,LUDHIANA vs. INCOME TAX OFFICER (EXEMPTION), JALANDHAR

In the result, appeal of the assessee is allowed

Bench: Shri L.P. Sahu, Am & Shri Ravish Sood, Jm आयकर अपील सं./Ita No.238/Asr/2019 आयकर अपील सं आयकर अपील सं आयकर अपील सं (िनधा"रण िनधा"रण वष" वष" / Assessment Year :2010-2011) िनधा"रण िनधा"रण वष" वष" Shree Guru Nanak Dev Vs. Ito(Exemptions) Ward, Quin-Centenary Celebrations Jalandhar Committee, Guru Nanak Bhawan, Ludhiana "थायी लेखा सं./Panno. : Aawfs 2431 F .. (अपीलाथ" /Appellant) (" यथ" / Respondent) : Shri S.K.Mukhi, Advocate िनधा"!रती क" क" क" ओर क" ओर ओर सेसेसेसे /Assessee By ओर ओर सेसेसेसे /Revenue By : Shri M.P.Singh, Cit-Dr राज"व क" क" क" ओर क" ओर ओर सुनवाई क" तार'ख / Date Of Hearing : 06/02/2020 घोषणा क" तार'ख/Date Of Pronouncement : 30/06/2020 आदेश आदेश / O R D E R आदेश आदेश Per L.P.Sahu, Am: This Is An Appeal Filed By The Assessee Against The Order Of Cit(A)-4, Ludhiana, Dated 08.02.2019, On The Following Grounds Of Appeal :- 1. That The Orders Of Ld. Cit(A) Is Illegal, Erroneous & Perverse & Thus Needs To Be Quashed. 2. That The Issuance Of Notice U/S 147/148 Is Bad In Law As No New Material Was There With The Ao To Initiate Action U/S 147 & The Proceedings In Furtherance Of Illegal Notice Are Void Ab-Initio & Deserve To Be Set Aside. 3. That The Addition Made By Ao & Partially Confirmed By Cit (A) Is Devoid Of Proper Appreciation Of Facts On Record & Against Express Provisions Of Law & Deserve To Be Set Aside. 4. That The Appellant Craves Leave To Add, Amend Or Delete Any Of The Grounds Of Appeal On Or Before The Disposal Of The Present Appeal. 2. Brief Facts Of The Case Are That The Assessee Filed Its Return Of Income On 15.06.2010 Declaring Total Income After Claiming Exemption

81,68,024. This has resulted into overstatement of capital fund to the tune of Rs.9805000/- (28168024-183630324) Capital Fund Details :- 31.03.2009 Rs. 18363024/- 31.03.2010 Rs. 28168024/- Unexplained Addition Rs. 9805000/- It was ascertained from the assessment record that assessee has not filed explanation alongwith documents/evidence about source of his increase in the capital fund. Resultantly, assessee has taken overstatement

J.K PETRO CHEMICALS,UDHAMPUR vs. THE INCOME TAX OFFICER,, UDHAMPUR

In the result, the appeals of the assessee are allowed for statistical purposes

Bench: Sh. N. S. Saini & Sh. N. K. Choudhryita No. 68/Asr./2016 : Asstt. Year : 2010-11

81,657/- in the assessment year 2011-12 u/s 80IB of the Act. ITA Nos. 68 & 69/Asr./2016 2 JK Petro Chemicals 3. At the time of hearing, the Ld. Counsel for the assessee submitted that as the facts and issues involved in both the appeals are common he will argued for assessment year 2010- 11 and same argument

J.K PETRO CHEMICALS,UDHAMPUR vs. THE INCOME TAX OFFICER,, UDHAMPUR

In the result, the appeals of the assessee are allowed for statistical purposes

Bench: Sh. N. S. Saini & Sh. N. K. Choudhryita No. 68/Asr./2016 : Asstt. Year : 2010-11

81,657/- in the assessment year 2011-12 u/s 80IB of the Act. ITA Nos. 68 & 69/Asr./2016 2 JK Petro Chemicals 3. At the time of hearing, the Ld. Counsel for the assessee submitted that as the facts and issues involved in both the appeals are common he will argued for assessment year 2010- 11 and same argument

SATIA INDUSTRIES LIMITED,MUKTSAR vs. DCIT/ACIT CIRCLE I, BATHINDA, BATHINDA

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

Bench: Dr. M. L. Meena & Sh. Udayan Dasgupta

68,24,103 does not actually have any impact as DRP has increased the value of Steam. However, the difference in overall value has been computed by reducing the sales value of steam and sale value of electricity. The assessee has already placed detailed submissions on record regarding the applicability of the correct rate for electricity. Therefore, the action

SATIA INDUSTRIES LIMITED,MUKTSAR, PUNJAB vs. DCIT, ACIT CIRCLE 1, BATHINDA

In the result, the appeal is partly allowed

Bench: Shri Udayan Das Gupta & Shri Krinwant Sahayआयकरअपीलसं./Ita No. 527/Asr/2024 िनधा"रणवष" / Assessment Year : 2020-21

section 80-IA -Assessing Officer computed market value of power supplied by assessee to steel division by taking into account rate charged by Chhattisgarh Electricity Company Limited, Raipur for supply of electricity to Board - Whether market value of power supplied by assessee to its steel division should be computed considering rate of power charged by Board for supply

MESERS SHRI SWAMI SHANKARNATH PARVAT CHARITABLE AND WELFARE TRUST ,KAPURTHALA vs. THE COMMISSIONER OF INCOME TAX (EXEMPTIONS), CHANDIGARH

In the result, the assessee appeal is allowed

Bench: Sh. Laliet Kumar & Dr. M. L. Meenai.T.A. No. 602/Asr/2018 Assessment Year: N.A.

68,816/- in F.Y: 2017/18. These are meager expenses. No adverse opinion has been drawn by him on this observation. It is submitted that Income & Expenditure Account for F.Y: 2016-17 appears at Page 20 of the Paper Book and for F.Y: 2017-18 at Page 23 of the Paper Book. The details of various expenses incurred by the Society