HARYANA BUILDING AND OTHER CONSTRUCTION WORKERS WELFARE BOARD,PANCHKULA vs. DCIT, EXEMPTION, CHANDIGARH

In the result, this appeal of the Assessee stands dismissed

205-209.\nThe relevant extract of the Assessment Order:\n“3.4 Reasons for inference drawn that no variation is required\non this issue.\nThe assessee in response to notice u/s 142(1) dated 13.10.2022\nhad stated that the assessee board was setup on 02.11.2006\nunder a Central act namely Building and Other Construction\nWorkers Welfare Board Act, 1996. State

HARYANA BUILDING AND OTHER CONSTRUCTION WORKERS WELFARE BOARD,PANCHKULA vs. CIT(EXEMPTION), CHANDIGARH

In the result, this appeal of the Assessee stands dismissed

205-209.\n\nThe relevant extract of the Assessment Order:\n\n“3.4 Reasons for inference drawn that no variation is required\non this issue.\n\nThe assessee in response to notice u/s 142(1) dated 13.10.2022\nhad stated that the assessee board was setup on 02.11.2006\nunder a Central act namely Building and Other Construction\nWorkers Welfare Board

HARYANA BUILDING AND OTHER CONSTRUCTION WORKERS WELFARE BOARD,PANCHKULA vs. DCIT, EXEMPTION, CHANDIGARH

In the result, this appeal of the Assessee stands dismissed

205-209.\n\nThe relevant extract of the Assessment Order:\n\n“3.4 Reasons for inference drawn that no variation is required\non this issue.\n\nThe assessee in response to notice u/s 142(1) dated 13.10.2022\nhad stated that the assessee board was setup on 02.11.2006\nunder a Central act namely Building and Other Construction\nWorkers Welfare Board

SH. ARVAIL SINGH,SIRSA vs. PCIT, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex

DHUNI CHAND HUF,SIRSA vs. PCIT, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex

SH. PARAMJEET SINGH,SIRSA vs. PCIT, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex

SURJEET SINGH,SIRSA vs. PCIT, ROHTAK, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex

SH. RANDHIR SINGH,SIRSA vs. PCIT ROHTAK, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex

SH. KASHMIR SINGH SANDHA,SIRSA vs. PCIT, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex

M/S GANESH DASS HUF,SIRSA vs. PCIT, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex

SH. HARPAL SINGH,CHANDIGARH vs. DY. DIRECTOR OF INCOME TAX, CHANDIGARH

The appeal is dismissed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2010-11

205, Sector-36A (International Taxation) Chandigarh Chandigarh PAN No. AASPA8704D (Appellant) (Respondent) Assessee By : Shri. Tej Mohan Singh Revenue By : Smt. Chandrakanta Date of hearing : 24/07/2018 Date of Pronouncement : 08/08/2018 ORDER PER DR. B.R.R. KUMAR, A.M: The present Appeal has been filed by the Assessee against the order of the Ld. CIT(A)-43, New Delhi dt. 30/12/2015

M/S DIN DAYAL PURSOTAM LAL,SIRSA vs. PR.CIT, ROHTAK

Bench: SHRI A.D.JAIN (Vice President), SHRI VIKRAM SINGH YADAV (Accountant Member)

205 taxman 22 (Raj( (MAG) x) E-land International P.Ltd. V DCIT 124 TTJ 554 (Del) 13.1 Particularly, in “Precious Jewels Corporation Ltd.” (supra) it was held that on the one hand, the assessee had furnished all the necessary information supported with documents to establish the genuineness of the claimed purchases made from the parties, whereas, there was no positive

M/S DIN DAYAL PURSOTAM LAL,SIRSA vs. PR.CIT, ROHTAK

Bench: SHRI A.D.JAIN (Vice President), SHRI VIKRAM SINGH YADAV (Accountant Member)

205 taxman 22 (Raj( (MAG) x) E-land International P.Ltd. V DCIT 124 TTJ 554 (Del) 13.1 Particularly, in “Precious Jewels Corporation Ltd.” (supra) it was held that on the one hand, the assessee had furnished all the necessary information supported with documents to establish the genuineness of the claimed purchases made from the parties, whereas, there was no positive

M/S DIN DAYAL PURSOTAM LAL,SIRSA vs. PR.CIT, ROHTAK

Bench: SHRI A.D.JAIN (Vice President), SHRI VIKRAM SINGH YADAV (Accountant Member)

205 taxman 22 (Raj( (MAG) x) E-land International P.Ltd. V DCIT 124 TTJ 554 (Del) 13.1 Particularly, in “Precious Jewels Corporation Ltd.” (supra) it was held that on the one hand, the assessee had furnished all the necessary information supported with documents to establish the genuineness of the claimed purchases made from the parties, whereas, there was no positive

M/S FASTWAY TRANSMISSION (P) LTD.,CHANDIGARH vs. DCIT, CC-II, CHANDIGARH

In the result the captioned appeals of the assessee are

Bench: Shri N.K. Saini & Shri Sanjay Gargआयकर अपील सं./ Ita No.547/Chd/2017 "नधा"रण वष" / Assessment Year : 2013-14

205 Total = Rs.144,67,82,258 The AO further noted from the Notes to Accounts, forming part of the Balance Sheet that the assessee had treated the arrangement with CISCO as a Finance lease capitalizing the principal component (cost plus custom duty) of the agreed lease rent. The assessee debited only the interest in the Profit and Loss account

M/S FASTWAY TRANSMISSION (P) LTD.,CHANDIGARH vs. DCIT, CC-II, CHANDIGARH

In the result the captioned appeals of the assessee are

Bench: Shri N.K. Saini & Shri Sanjay Gargआयकर अपील सं./ Ita No.547/Chd/2017 "नधा"रण वष" / Assessment Year : 2013-14

205 Total = Rs.144,67,82,258 The AO further noted from the Notes to Accounts, forming part of the Balance Sheet that the assessee had treated the arrangement with CISCO as a Finance lease capitalizing the principal component (cost plus custom duty) of the agreed lease rent. The assessee debited only the interest in the Profit and Loss account

M/S FASTWAY TRANSMISSION (P) LTD.,CHANDIGARH vs. ACIT, CHANDIGARH

In the result the captioned appeals of the assessee are

Bench: Shri N.K. Saini & Shri Sanjay Gargआयकर अपील सं./ Ita No.547/Chd/2017 "नधा"रण वष" / Assessment Year : 2013-14

205 Total = Rs.144,67,82,258 The AO further noted from the Notes to Accounts, forming part of the Balance Sheet that the assessee had treated the arrangement with CISCO as a Finance lease capitalizing the principal component (cost plus custom duty) of the agreed lease rent. The assessee debited only the interest in the Profit and Loss account