SIKANDER SINGH MALUKA,MOHALI vs. ITO, MOHALI

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

Bench: Shri Sanjay Garg & Ms. Annapurna Guptathe I.T.O., Vs. Sh.Sikandar Singh Maluka, Ward 5(1), # 1370, Sector 40-B, Chandigarh. Chandigarh Pan: Abzpm7206N & Sh.Sikandar Singh Maluka, Vs. The I.T.O., # 1370, Sector 40-B, Ward 5(2), Chandigarh. Chandigarh Pan: Abzpm7206N

capital gain earned on plots actually transferred during the year following the decision of the Hon'ble Jurisdictional High Court in the case of Charanjit Singh Atwal Vs. ITO (2013) 144 ITD 528. 3. Aggrieved by the same, the assessee has come up in appeal before us in ITA No.633/Chd/2017 challenging the action of the Ld.CIT(Appeals) in upholding

ITO, W-6(5), MOHALI vs. SMT. GURDEV KAUR, KHARAR

In the result, the appeal of the Revenue is dismissed

Bench: Disposal Of Appeal.”

section (2) contended for on behalf of the Revenue were accepted, such difference would also be liable to be added as part of capital gains taxable under the provisions of the Income Tax Act, 1961. This would be an anomalous result which could never have been contemplated by the legislature, since the Income Tax Act, 1961 and the Gift

AJMER SINGH,MOHALI vs. ITO, W-6(5), MOHAL

In the result, the appeal of the Revenue is dismissed

Bench: Disposal Of Appeal.”

section (2) contended for on behalf of the Revenue were accepted, such difference would also be liable to be added as part of capital gains taxable under the provisions of the Income Tax Act, 1961. This would be an anomalous result which could never have been contemplated by the legislature, since the Income Tax Act, 1961 and the Gift

AJMER SINGH,MOHALI vs. ITO, W-6(5), MOHAL

In the result, the appeal of the Revenue is dismissed

Bench: Disposal Of Appeal.”

section (2) contended for on behalf of the Revenue were accepted, such difference would also be liable to be added as part of capital gains taxable under the provisions of the Income Tax Act, 1961. This would be an anomalous result which could never have been contemplated by the legislature, since the Income Tax Act, 1961 and the Gift

DEVI DAYAL,KAITHAL vs. INCOME TAX OFFICER, WARD-1 , KAITHAL

In the result, appeal is allowed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita No. 899/Chd/2024 "नधा"रण वष" / Assessment Year: 2008-09 Shri Devi Dayal, Vs The Ito, Pundri Anaj Mandi, Ward – 1, Kaithal-Haryana 136026. Kaithal. "थायी लेखा सं./Pan No: Aajpd5851H अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Parikshit Aggarwal, Ca & Ms. Shruti Khandelwal, Advocate Revenue By : Shri Manav Bansal, Cit, Dr Date Of Hearing : 30.07.2025 Date Of Pronouncement : 08.09.2025

gains" shall be computed, by deducting from the full value of the consideration received or accruing as a result of the transfer of the capital asset the following amounts, namely: (i) expenditure incurred wholly and exclusively in connection with such transfer; (ii) the cost of acquisition of the asset and the cost of any improvement thereto:" 18. Section

SHRI GURDEEP SINGH,MOHALI vs. ITO, W-6(4), MOHALI

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

gains were offset by the operatibility of sections 54B and 54F (credit for 54B was given by the AO) clearly is taken as a concession on its part that the land transaction was one of a capital asset. The claims of the assessee by themselves corroborate the AO's findings that the land in contention was a capital asset

SHRI KESAR SINGH,MOHALI vs. ITO, W-6(4), MOHALI

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

gains were offset by the operatibility of sections 54B and 54F (credit for 54B was given by the AO) clearly is taken as a concession on its part that the land transaction was one of a capital asset. The claims of the assessee by themselves corroborate the AO's findings that the land in contention was a capital asset

SHRI DARSHAN SINGH,MOHALI vs. ITO, W-6(4), MOHALI

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

gains were offset by the operatibility of sections 54B and 54F (credit for 54B was given by the AO) clearly is taken as a concession on its part that the land transaction was one of a capital asset. The claims of the assessee by themselves corroborate the AO's findings that the land in contention was a capital asset

SHRI BALJINDER SINGH,MOHALI vs. ITO, W-6(4), MOHALI

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

gains were offset by the operatibility of sections 54B and 54F (credit for 54B was given by the AO) clearly is taken as a concession on its part that the land transaction was one of a capital asset. The claims of the assessee by themselves corroborate the AO's findings that the land in contention was a capital asset

SHRI DIDAR SINGH,MOHALI vs. ITO, W-6(4), MOHALI

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

gains were offset by the operatibility of sections 54B and 54F (credit for 54B was given by the AO) clearly is taken as a concession on its part that the land transaction was one of a capital asset. The claims of the assessee by themselves corroborate the AO's findings that the land in contention was a capital asset

BALDEEP SINGH,CHANDIGARH vs. ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-5(1), CHANDIGARH, CHANDIGARH

In the result, Assessee’s appeal is allowed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita No. 199/Chd/2025 "नधा"रण वष" / Assessment Year : 2012-13 Baldeep Singh, The Acit, C/O Tej Mohan Singh, बनाम Circle 5(1), Advocate Chandigarh Vs. #527, Sector 10-D. Chandigarh "थायी लेखा सं./Pan No: Adyps3636F अपीलाथ"/Appellant ""यथ"/Respondent ( Physical Hearing ) "नधा"रती क" ओर से/Assessee By : Sh. Tej Mohan Singh, Advocate राज"व क" ओर से/ Revenue By : Sh. Vivek Varadhan, Addl. Cit, Sr.Dr सुनवाई क" तार"ख/Date Of Hearing : 03.07.2025 उदघोषणा क" तार"ख/Date Of Pronouncement : 03.09.2025 आदेश/Order Per Krinwant Sahay, Am: Appeal In This Case Has Been Filed By The Assessee Against The Order Dated 10.01.2025 Of Addl./Jcit(A)-1. Nagpur For The A.Y. 2012-13. 2. Grounds Of Appeal Are As Under: -

Section 69A treating the entire sale price of 10,000 units of VMS Industries Limited to be income of the assessee in utter disregard of the explanations rendered and as such the 199-Chd-2025 Baldeep Singh, Chandigarh 3 addition upheld is illegal, arbitrary and unjustified. 5. That the Ld. Commissioner of Income Tax (Appeals) has failed to appreciate that

RAMKARAN SINGH,PANCHKULA vs. INCOME TAX OFFICER, WARD-3, PANCHKULA, PANCHKULA

In the result, the appeal of the assesse is allowed

Bench: him and as such the order passed is arbitrary and unjustified.

section 2(14)(iii) of the Income Tax Act, 1961 being not filling under any specified MC and as such sale thereof is not liable for Capital Gains. That on the date of filing of the certificate from the Tehsildar i.e. 22.11.2019, the learned Assessing Officer passed the order u/s 144

UMESH KUMAR,MANDI vs. ITO, BILASPUR

In the result, appeal of the assessee is partly allowed

Bench: Ms. Diva Singhassessment Year: 2008-09

capital gains”. The said return was selected for scrutiny under Cass and after notices to the assessee assessment was completed by an order under section 144

SH. PARAM PAUL SINGH,CHANDIGARH vs. DCIT (INTL. TAXATION), CIRCLE, CHANDIGARH

Appeal is partly allowed for statistical purposes in above terms

Bench: Shri N.K. Saini, Vice- & Shri S.S.Godara, Judicialmember Assessment Year:2009-10

144 of the Income Tax Act, 1961; in short ‘the Act’. 2. The assessee pleads the following substantive grounds in the instant appeal:- “1. That the Ld. Commissioner of Income Tax (Appeals) has erred in law as well as on facts in sustaining an addition of Rs.2,00,000/- on account of cash deposited in the bank account in utter

BALWANT SINGH DHINDSA, ADV. SO KARTAR SINGH, #185 STREET NO. 11, PUNIA COLONY, SANGRUR, PUNJAB,PUNJAB vs. ITO WARD SANGRUR, PUNJAB

In the result, appeal of the assessee is\ndismissed

144 of the Act.\n2.8\nThe assessee being aggrieved by the aforesaid\nassessment order dated 30.11.2019 prefers first appeal\nunder Section 246A of the Act before the First Appellate\nAuthority i.e. CIT(A) who by “impugned order” has partly\nallowed the first appeal of the assessee, by treating sum\nof Rs.18,07,500/- as unexplained money under Section\n69A

SH. RAJINDER SINGH BEDI,CHANDIGARH vs. DCIT (INTL. TAXATION), CHANDIGARH

In the result, appeal of the assessee is allowed

Bench: Shri Rajpal Yadav & Shri Manoj Kumar Aggarwalआयकर अपील सं./ Ita No. 538/Chd/2022 "नधा"रण वष" / Assessment Year: 2018-19 Shri Rajinder Singh Bedi, The Dcit, (Int.Taxation ), 1368, Sector 40-B, Vs Chandigarh. Chandigarh. "थायी लेखा सं./Pan No: Afwpb3355A अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Sudhir Sehgal, Advocate Revenue By : Smt. Kusum Bansal, Cit, Dr Date Of Hearing : 09.04.2025 Date Of Pronouncement : 04.06.2025 Hybrid Hearing O R D E R

Section 144C(13) of the Income Tax Act by Circle-I, International Taxation, Chandigarh. 2. The assessee has taken eight grounds of appeal, however, his grievance revolves around a single issue, namely, A.Y.2018-19 2 as to how true Long Term Capital Gain required to be determined on sale of immovable house property bearing House No. 845 Sector 38-A, Chandigarh

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