THE DY. COMMISSIONER INCOME-TAX, JAMMU vs. M/S. HORIZON BUILDCON PVT. LTD,, JAMMU

In the result, the appeals of the Revenue in I

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

50,000 sq. yards at Sultanwind near Amritsar @ 2310/- per sq. yard for which an advance of Rs.1.75 Crore had been agreed to be paid. Another copy of a supplementary MOU has also been found and seized marked DNB-1, A-9, P-4-7. This supplementary MOU was also unsigned and a photocopy. The Assessing Officer came to preliminary

THE DY. COMMISSIONER INCOME-TAX, JAMMU vs. M/S. HORIZON BUILDCON PVT. LTD,, JAMMU

In the result, the appeals of the Revenue in I

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

50,000 sq. yards at Sultanwind near Amritsar @ 2310/- per sq. yard for which an advance of Rs.1.75 Crore had been agreed to be paid. Another copy of a supplementary MOU has also been found and seized marked DNB-1, A-9, P-4-7. This supplementary MOU was also unsigned and a photocopy. The Assessing Officer came to preliminary

THE DY. COMMISSIONER INCOME-TAX, JAMMU vs. M/S. HORIZON BUILDCON PVT. LTD,, JAMMU

In the result, the appeals of the Revenue in I

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

50,000 sq. yards at Sultanwind near Amritsar @ 2310/- per sq. yard for which an advance of Rs.1.75 Crore had been agreed to be paid. Another copy of a supplementary MOU has also been found and seized marked DNB-1, A-9, P-4-7. This supplementary MOU was also unsigned and a photocopy. The Assessing Officer came to preliminary

M/S. SATIA INDUSTRIES LIMITED,MUKTSAR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-1, BATHINDA

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

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

transfer pricing issues in the case of any person having international transactions or in case of a foreign company. It has been provided under sub-section (8) of section 144C that DRP may confirm, reduce or enhance the variations proposed in the draft order of the Assessing Officer. I.T.A. No.193/Asr/2022 36 Assessment Year: 2018-19 In a recent judgement

POONAM MARWAHA,AMRITSAR vs. ACIT DCIT CEN CIR, AMRITSAR

In the result, the appeal filed by assessee is allowed

50,00,000/- under the\nhead business income and has paid taxes amounting to Rs. 15,60,000/- which is higher than\nthe tax liability of Rs. 13,86,384/- as per the working given below: -\nValue of Excess Stock\nTax as per section 115BBE [1777416*60%*1.25*1.04]\nTax paid by the appellant on income of Rs. 50L surrendered

NASA AGRO INDUSTRIES PRIVATE LIMITED,FAZILKA vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-II, BATHINDA

In the result, the appeal filed by the assessee is allowed for statistical purpose

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

transferred by the assessee to the M/s Devinder Kumar Deepesh Kumar ,as an accommodation entry for recording of bogus purchase, because 4 I.T.A. No. 236/Asr/2023 Assessment Year: 2011-12 as per the AO the physical movement of goods could not be proved, in absence of any Bilty, weighment slip of goods, octroi receipts, and in absence of any proof

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, JALANDHAR vs. SHRI JATINDER SINGH BEDI, JALANDHAR

In the result, the appeal of the revenue, ITA No 90/Asr/2020 is dismissed

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

50,000/- by I.T.A. No.51/Asr/2020: A.Y.: 2014-15 I.T.A. No.53/Asr/2020: A.Y.: 2016-17 “agreement to sell”. 2. Whether on the facts and circumstances of the case and in law, the Ld.CIT(A) failed to appreciate that the “agreement to sell” was actually executed by making payment of Rs.50 lac each on 25.09.2015 and 28.12.2015 out of the assessee’s bank

SHRI BHAVNOOR SINGH BEDI,JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2, JALANDHAR

In the result, the appeal of the revenue, ITA No 90/Asr/2020 is dismissed

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

50,000/- by I.T.A. No.51/Asr/2020: A.Y.: 2014-15 I.T.A. No.53/Asr/2020: A.Y.: 2016-17 “agreement to sell”. 2. Whether on the facts and circumstances of the case and in law, the Ld.CIT(A) failed to appreciate that the “agreement to sell” was actually executed by making payment of Rs.50 lac each on 25.09.2015 and 28.12.2015 out of the assessee’s bank

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, JALANDHAR vs. SHRI BHAVNOOR SINGH BEDI, JALANDHAR

In the result, the appeal of the revenue, ITA No 90/Asr/2020 is dismissed

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

50,000/- by I.T.A. No.51/Asr/2020: A.Y.: 2014-15 I.T.A. No.53/Asr/2020: A.Y.: 2016-17 “agreement to sell”. 2. Whether on the facts and circumstances of the case and in law, the Ld.CIT(A) failed to appreciate that the “agreement to sell” was actually executed by making payment of Rs.50 lac each on 25.09.2015 and 28.12.2015 out of the assessee’s bank

SHRI BHAVNOOR SINGH BEDI,JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2, JALANDHAR

In the result, the appeal of the revenue, ITA No 90/Asr/2020 is dismissed

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

50,000/- by I.T.A. No.51/Asr/2020: A.Y.: 2014-15 I.T.A. No.53/Asr/2020: A.Y.: 2016-17 “agreement to sell”. 2. Whether on the facts and circumstances of the case and in law, the Ld.CIT(A) failed to appreciate that the “agreement to sell” was actually executed by making payment of Rs.50 lac each on 25.09.2015 and 28.12.2015 out of the assessee’s bank

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, JALANDHAR vs. SHRI JATINDER SINGH BEDI , JALANDHAR

In the result, the appeal of the revenue, ITA No 90/Asr/2020 is dismissed

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

50,000/- by I.T.A. No.51/Asr/2020: A.Y.: 2014-15 I.T.A. No.53/Asr/2020: A.Y.: 2016-17 “agreement to sell”. 2. Whether on the facts and circumstances of the case and in law, the Ld.CIT(A) failed to appreciate that the “agreement to sell” was actually executed by making payment of Rs.50 lac each on 25.09.2015 and 28.12.2015 out of the assessee’s bank

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, JALANDHAR vs. SHRI BHAVNOOR SINGH BEDI, JALANDHAR

In the result, the appeal of the revenue, ITA No 90/Asr/2020 is dismissed

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

50,000/- by I.T.A. No.51/Asr/2020: A.Y.: 2014-15 I.T.A. No.53/Asr/2020: A.Y.: 2016-17 “agreement to sell”. 2. Whether on the facts and circumstances of the case and in law, the Ld.CIT(A) failed to appreciate that the “agreement to sell” was actually executed by making payment of Rs.50 lac each on 25.09.2015 and 28.12.2015 out of the assessee’s bank