SH. NITIN CHAUHAN ,SIRMOUR vs. ITO, WARD, NAHAN

In the result appeal of the Assessee is allowed

Bench: Shri N.K. Sainiassessment Year: 2008-09 Sh. Nitin Chauhan Vs. The Ito C/O Parikshit Aggarwal, Ward Chartered Accountant Nahan, Himachal Pradesh H.No. 1238, Sector-22B Chandigarh Pan No. Aeapc5728F

TDS was deducted on the interest received from the said bank, however when this was brought to the notice of the assessee during the course of assessment proceeding, the income was declared and due taxes were paid. It was contended that the assessee did not furnish wrong particulars of income, therefore, the Assessing Officer was not justified in initiating

KARNAIL SINGH,UK vs. JCIT (OSD) INTL. TAXATION, CIRCLE, CHANDIGARH

In the result, all the appeals of the assessee stands allowed

TDS deducted by M/s Omaxe Ltd. @ 15% as per Article-12 of India and U.K DTAA r/w Section 90 of the Act. 3.1 As per the AO, the income received by the assessee from M/s Omaxe Ltd. cannot be stated to be income from house property as there is no construction/ complete property and the question of letting

KARNAIL SINGH,UK vs. JCIT (OSD) INTL. TAXATION, CIRCLE, CHANDIGARH

In the result, all the appeals of the assessee stands allowed

TDS deducted by M/s Omaxe Ltd. @ 15% as per Article-12 of India and U.K DTAA r/w Section 90 of the Act. 3.1 As per the AO, the income received by the assessee from M/s Omaxe Ltd. cannot be stated to be income from house property as there is no construction/ complete property and the question of letting

KARNAIL SINGH,UK vs. JCIT (OSD) INTL. TAXATION, CIRCLE, CHANDIGARH

In the result, all the appeals of the assessee stands allowed

TDS deducted by M/s Omaxe Ltd. @ 15% as per Article-12 of India and U.K DTAA r/w Section 90 of the Act. 3.1 As per the AO, the income received by the assessee from M/s Omaxe Ltd. cannot be stated to be income from house property as there is no construction/ complete property and the question of letting

KARNAIL SINGH,UK vs. JCIT (OSD) INTL. TAXATION, CIRCLE, CHANDIGARH

In the result, all the appeals of the assessee stands allowed

TDS deducted by M/s Omaxe Ltd. @ 15% as per Article-12 of India and U.K DTAA r/w Section 90 of the Act. 3.1 As per the AO, the income received by the assessee from M/s Omaxe Ltd. cannot be stated to be income from house property as there is no construction/ complete property and the question of letting

KARNAIL SINGH,UK vs. JCIT (OSD) INTL. TAXATION, CIRCLE, CHANDIGARH

In the result, all the appeals of the assessee stands allowed

TDS deducted by M/s Omaxe Ltd. @ 15% as per Article-12 of India and U.K DTAA r/w Section 90 of the Act. 3.1 As per the AO, the income received by the assessee from M/s Omaxe Ltd. cannot be stated to be income from house property as there is no construction/ complete property and the question of letting

KARNAIL SINGH,UK vs. JCIT (OSD) INTL. TAXATION, CIRCLE, CHANDIGARH

In the result, all the appeals of the assessee stands allowed

TDS deducted by M/s Omaxe Ltd. @ 15% as per Article-12 of India and U.K DTAA r/w Section 90 of the Act. 3.1 As per the AO, the income received by the assessee from M/s Omaxe Ltd. cannot be stated to be income from house property as there is no construction/ complete property and the question of letting

THE COMMANDER WORKS ENGINEERS,PATIALA vs. JCIT (TDS), CHANDIGARH

In the result, the appeal of the assessee is allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptathe Commander Works Engineers, Vs. The Jcit (Tds), Headquarter Bldg No.26, Chandigarh. New Lal Bagh, Patiala. Pan: Ptlh12424G (Appellant) (Respondent)

section 274 of the Act not to be levied for late filing of the quarterly statements. In response, it was submitted that TDS

M/S PUNJAB NATIONAL BANK,HAMIRPUR vs. JT.CIT(OSD), TDS CIRCLE, PANCHKULA

In the result, both the above appeals of the Assessee are set-aside to the file of the ld CIT(A) and the same are allowed for statistical purposes

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

TDS on interest on FDRs on deposits beyond the threshold limit of Rs. 10,000/- as so prescribed under Section 194A of the Act and accordingly the assessee was held to be assessee in default under section 201 resulting in passing of the order under section 201 r.w.s. 201(1A) dt. 31/03/2018 raising the demand of tax and interest amounting

M/S PUNJAB NATIONAL BANK,HAMIRPUR vs. JT.CIT(OSD), TDS CIRCLE, PANCHKULA

In the result, both the above appeals of the Assessee are set-aside to the file of the ld CIT(A) and the same are allowed for statistical purposes

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

TDS on interest on FDRs on deposits beyond the threshold limit of Rs. 10,000/- as so prescribed under Section 194A of the Act and accordingly the assessee was held to be assessee in default under section 201 resulting in passing of the order under section 201 r.w.s. 201(1A) dt. 31/03/2018 raising the demand of tax and interest amounting

S.P. SINGLA CONSTRUCTION PRIVATE LIMITED,DELHI vs. DEPUTY COMMISSIONER OF INCOME TAX, CHANDIGARH

In the result, the appeal is allowed

Bench: SHRI MAHAVIR SINGH (Vice President), SHRI KRINWANT SAHAY (Accountant Member)

TDS and proof of depositing the same was enclosed at assessee's Paper Book pages 1638- 1776. The ld. Counsel for the assessee stated that there are so many sub contractors and as per the alleged documents found from the premises of the Chartered Accountant Shri Gurinder Kumar Garg, the total parties are more than 150 which include the alleged

ASTT. COMMISSIONER OF INCOME TAX, CIRCLE-4, LUDHIANA, AAYAKAR BHAWAN vs. WARYAM STEEL CASTING PRIVATE LIMITED, KANGANWAL ROAD

In the result, appeal of the assessee is allowed and the Cross appeal of the Revenue is dismissed

Bench: SHRI. RAJPAL YADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

TDS deducted, date of bills, details of cheques issued, etc., in such a case, he could not be held responsible for parties not appearing in person and, thus, impugned addition made under section 69C deserved to be deleted. Principal Commissioner of Income-tax, Mumbai v. Chawla Interbild Construction Co. (P.) Ltd [2019] 104 taxmann.com 402 (Bombay) (vii) Where sales supported

WARYAM STEEL CASTINGS PRIVATE LIMITED,LUDHIANA vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-4, LUDHIANA

In the result, appeal of the assessee is allowed and the Cross appeal of the Revenue is dismissed

Bench: SHRI. RAJPAL YADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

TDS deducted, date of bills, details of cheques issued, etc., in such a case, he could not be held responsible for parties not appearing in person and, thus, impugned addition made under section 69C deserved to be deleted. Principal Commissioner of Income-tax, Mumbai v. Chawla Interbild Construction Co. (P.) Ltd [2019] 104 taxmann.com 402 (Bombay) (vii) Where sales supported

M/S KAY EM KAY INDUSTRIES,LUDHIANA vs. PR.CIT-1, LUDHIANA

In the result, the appeal of the assessee is allowed

Bench: Shri N.K. Saini & Shri R.L Negiआयकरअपीलसं./Ita No.27/Chd/2021 "नधा"रणवष" / Assessment Year :2015-16 M/S Kay Em Kay Industries, Pr. Commissioner Of Income Tax-1, बनाम 13-H, Textile Colony, Ludhiana Ludhiana

section 263 of the Act which contemplates that an order passed by the AO shall be deemed to be erroneous in so far as it is prejudicial to the interests of the revenue, if in the opinion of the PCIT the order is passed with making enquiries or verification which should have been made. The Ld. DR further relying

SH. SUKHWINDER SINGH,LUDHIANA vs. ITO, LUDHIANA

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

Bench: Us Challenging The Levy Of Penalty Both On Legal Ground As Well As On Merits Of The Case :

274 and the order passed u/s 271(l)(c) are illegal, bad in law and without jurisdiction. 4. That the AO and CIT(A) have failed to appreciate that there is neither any concealment of income nor furnishing of inaccurate particulars by the assessee and hence no penalty is leviable U/s 271(l)(c) 5. That the invocation of Explanation

M/S VENKATESH TECHNOKRAFT PVT. LTD.,LUDHIANA vs. ITO, W-1(5), LUDHIANA

Bench: Him Which Is Arbitrary & Unjustified. 3. That The Assessment Order Having Been Passed By The Assessing Officer After Due Application Of Mind & Taking Into Consideration The Various Replies, Material On Record & Books Of Account, The Action Resorted To By The Commissioner Of Income Tax Is Unwarranted & Uncalled For.

TDS returns are produced here with for your kind perusal. The assessee hopes your good seif wiii find the above information and documents in order. It is therefore requested that the assessment in the case may kindly be completed and oblige. 8.1 After considering the submissions of the assessee and the material on record the A.O. framed the assessment under

M/S SEL MANUFACTURING CO. LTD.,LUDHIANA vs. DCIT, CC-3, LUDHIANA

In the result, appeal is allowed

Bench: SHRI A.D.JAIN (Vice President), SHRI KRINWANT SAHAY (Accountant Member)

274, G.T. Road, Dhandari Khurd, Central Circle-3, Ludhiana. Ludhiana. "थायी लेखा सं./PAN /TAN No: AAHCS9189E अपीलाथ"/Appellant ""यथ"/Respondent "नधा"रती क" ओर से/Assessee by : Shri Ashwani Kumar, CA राज"व क" ओर से/ Revenue by : Smt. Kusum Bansal, CIT DR तार"ख/Date of Hearing : 16.04.2024 उदघोषणा क" तार"ख/Date of Pronouncement : 27.05.2024 HYBRID HEARAING

SCOTT EDIL ADVANCE RESEARCH LABORATORIES AND EDUCATION LIMITED,CHANDIGARH vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, CHANDIGARH

section 80IC of the Act. Subject to above observations, this\nissue is decided in favour of the revenue.\nIssue 9 : Credits received from JAAPL and Disallowance u/s 80IC - GP earned on sale made\nto JAPPL on account of alleged bogus nature of sales to JAPPL.\n98. Following is the list of cases involving this issue :-\nSr.\nNo\n.\nName