SH. SANJAY SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

section 132 of the Act dated 13th September 2012. 26. It was further observed by the AO that similar modus operandi was used in respect of the remaining 9 companies with respect of which the assessee has shown bogus long-term capital gain. The list of such companies has already been discussed in the preceding paragraph. The necessary documents

SH. ANIKET SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

section 132 of the Act dated 13th September 2012. 26. It was further observed by the AO that similar modus operandi was used in respect of the remaining 9 companies with respect of which the assessee has shown bogus long-term capital gain. The list of such companies has already been discussed in the preceding paragraph. The necessary documents

SH. SANJAY SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

section 132 of the Act dated 13th September 2012. 26. It was further observed by the AO that similar modus operandi was used in respect of the remaining 9 companies with respect of which the assessee has shown bogus long-term capital gain. The list of such companies has already been discussed in the preceding paragraph. The necessary documents

SH. ANIKET SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

section 132 of the Act dated 13th September 2012. 26. It was further observed by the AO that similar modus operandi was used in respect of the remaining 9 companies with respect of which the assessee has shown bogus long-term capital gain. The list of such companies has already been discussed in the preceding paragraph. The necessary documents

SH. SANJAY SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

section 132 of the Act dated 13th September 2012. 26. It was further observed by the AO that similar modus operandi was used in respect of the remaining 9 companies with respect of which the assessee has shown bogus long-term capital gain. The list of such companies has already been discussed in the preceding paragraph. The necessary documents

SH. SANJAY SINGAL HUF,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

section 132 of the Act dated 13th September 2012. 26. It was further observed by the AO that similar modus operandi was used in respect of the remaining 9 companies with respect of which the assessee has shown bogus long-term capital gain. The list of such companies has already been discussed in the preceding paragraph. The necessary documents

SMT. AARTI SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

section 132 of the Act dated 13th September 2012. 26. It was further observed by the AO that similar modus operandi was used in respect of the remaining 9 companies with respect of which the assessee has shown bogus long-term capital gain. The list of such companies has already been discussed in the preceding paragraph. The necessary documents

BALBIR KUMAR HUF,CHANDIGARH vs. ITO , CHANDIGARH

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

104, Mohindra Complex, Ward-04, Patiala Kheri Gujran Road, Punjab-147001 "ायी लेखा सं./PAN NO: ACZPK4511F अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Rakesh Cajla, Advocate(Virtual) राज" की ओर से/ Revenue by : Shri Manav Bansal, CIT, DR आयकर अपील सं./ ITA No. 1112/Chd/2024 िनधा"रण वष" / Assessment Year : 2018-19 Pawan Kumar बनाम

PAWAN KUMAR,FATEHABAD vs. INCOME TAX OFFICER WARD-1, FATEHABAD

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

104, Mohindra Complex, Ward-04, Patiala Kheri Gujran Road, Punjab-147001 "ायी लेखा सं./PAN NO: ACZPK4511F अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Rakesh Cajla, Advocate(Virtual) राज" की ओर से/ Revenue by : Shri Manav Bansal, CIT, DR आयकर अपील सं./ ITA No. 1112/Chd/2024 िनधा"रण वष" / Assessment Year : 2018-19 Pawan Kumar बनाम

SH. AMARDEEP SINGH ATHWAL,YAMUNANAGAR vs. ITO, WARD-1, YAMUNANAGAR

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

104, Mohindra Complex, Ward-04, Patiala Kheri Gujran Road, Punjab-147001 "ायी लेखा सं./PAN NO: ACZPK4511F अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Rakesh Cajla, Advocate(Virtual) राज" की ओर से/ Revenue by : Shri Manav Bansal, CIT, DR आयकर अपील सं./ ITA No. 1112/Chd/2024 िनधा"रण वष" / Assessment Year : 2018-19 Pawan Kumar बनाम

INCOME TAX OFFICER, FATEHABAD vs. MAHESH NAGPAL, FATEHABAD

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

104, Mohindra Complex, Ward-04, Patiala Kheri Gujran Road, Punjab-147001 "ायी लेखा सं./PAN NO: ACZPK4511F अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Rakesh Cajla, Advocate(Virtual) राज" की ओर से/ Revenue by : Shri Manav Bansal, CIT, DR आयकर अपील सं./ ITA No. 1112/Chd/2024 िनधा"रण वष" / Assessment Year : 2018-19 Pawan Kumar बनाम

ARJESH KUMAR,PATIALA vs. ITO NATIONAL E-ASSESSMENT CENTRE , DELHI

104, Mohindra Complex, Ward-04, Patiala Kheri Gujran Road, Punjab-147001 "ायी लेखा सं./PAN NO: ACZPK4511F अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Rakesh Cajla, Advocate(Virtual) राज" की ओर से/ Revenue by : Shri Manav Bansal, CIT, DR आयकर अपील सं./ ITA No. 1112/Chd/2024 िनधा"रण वष" / Assessment Year : 2018-19 Pawan Kumar बनाम

RANJIT SINGH,PANCHKULA vs. DEPUTY DIRECTOR, CPC DEPARTMENT

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

104, Mohindra Complex, Ward-04, Patiala Kheri Gujran Road, Punjab-147001 "ायी लेखा सं./PAN NO: ACZPK4511F अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Rakesh Cajla, Advocate(Virtual) राज" की ओर से/ Revenue by : Shri Manav Bansal, CIT, DR आयकर अपील सं./ ITA No. 1112/Chd/2024 िनधा"रण वष" / Assessment Year : 2018-19 Pawan Kumar बनाम

SMT. SHANKRI DEVI,PANCHKULA vs. ACIT, PANCKULA CIRCLE, PANCHKULA

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

104, Mohindra Complex, Ward-04, Patiala Kheri Gujran Road, Punjab-147001 "ायी लेखा सं./PAN NO: ACZPK4511F अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Rakesh Cajla, Advocate(Virtual) राज" की ओर से/ Revenue by : Shri Manav Bansal, CIT, DR आयकर अपील सं./ ITA No. 1112/Chd/2024 िनधा"रण वष" / Assessment Year : 2018-19 Pawan Kumar बनाम

SAROJ CHAUDHARY BALA,PANCHKULA vs. ITO, WARD-4, PANCHKULA

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

104, Mohindra Complex, Ward-04, Patiala Kheri Gujran Road, Punjab-147001 "ायी लेखा सं./PAN NO: ACZPK4511F अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Rakesh Cajla, Advocate(Virtual) राज" की ओर से/ Revenue by : Shri Manav Bansal, CIT, DR आयकर अपील सं./ ITA No. 1112/Chd/2024 िनधा"रण वष" / Assessment Year : 2018-19 Pawan Kumar बनाम

SH. AMARDEEP SINGH ATHWAL,YAMUNANAGAR vs. ITO, WARD-1, YAMUNANAGAR

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

104, Mohindra Complex, Ward-04, Patiala Kheri Gujran Road, Punjab-147001 "ायी लेखा सं./PAN NO: ACZPK4511F अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Rakesh Cajla, Advocate(Virtual) राज" की ओर से/ Revenue by : Shri Manav Bansal, CIT, DR आयकर अपील सं./ ITA No. 1112/Chd/2024 िनधा"रण वष" / Assessment Year : 2018-19 Pawan Kumar बनाम

SHRI SATISH KUMAR,SANGRUR vs. ITO, WARD, SANGRUR

In the result, appeal of the assessee’s are allowed

capital gain and the assessee has done his duty by truly showing his income and deposit the tax along with interest accordingly. After that as soon as the appellant came to know about this circular, he has filed rectification application accordingly. Copy of the Circular is enclosed here with. Honourable High Court of Punjab and Haryana is also upheld

SMT. URMILA GARG,SANGRUR vs. ITO, WARD, SANGRUR

In the result, appeal of the assessee’s are allowed

capital gain and the assessee has done his duty by truly showing his income and deposit the tax along with interest accordingly. After that as soon as the appellant came to know about this circular, he has filed rectification application accordingly. Copy of the Circular is enclosed here with. Honourable High Court of Punjab and Haryana is also upheld