SH. AMAR SINGH,JAGADHARI vs. ITO, YAMUNANAGAR

In the result, both the appeal of different assessees are allowed

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumar

184 Taxman 42, wherein the Hon'ble ITAT, Cochin Bench on interpretation of section 2(47) r.w.s. 53A of the Act held that the transfer of possession of property takes place only when sale deed is executed and title of property is transferred from vendor to vendee. The appellant has also relied on the judgment of Hon'ble Madras High

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. 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

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. 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

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. 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

M/S CHANDIGARH BOTTLING CO.,CHANDIGARH vs. ACIT, CHANDIGARH

In the result, appeals of the assessee are allowed

Bench: Ms. Diva Singh & Dr.B.R.R.Kumar & Assessment Year: 2006-07

gain to be added into the hands of the assessee. 4. The issue was carried in appeal before the CIT(A) who was also not convinced with the submissions, leading to the filing of the present appeal before the ITAT. 5. The Ld. AR inviting attention to the assessment order submitted that in the facts of the present case

ACIT,, LUDHIANA vs. M/S VARDHMAN TEXTILES LTD.,, LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

5. That the Ld. CIT(A) has erred in law and on the facts while confirming the action of assessing officer for excluding export turnover amounting to Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of the appellant while calculating deduction under section 80HHC of Income Tax Act. 6. That

VARDHMAN TEXTILE LTD.,LUDHIANA vs. ACIT, LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

5. That the Ld. CIT(A) has erred in law and on the facts while confirming the action of assessing officer for excluding export turnover amounting to Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of the appellant while calculating deduction under section 80HHC of Income Tax Act. 6. That

M/S VARDHMAN TEXTILES LTD.,,LUDHIANA vs. ADDL. CIT,, LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

5. That the Ld. CIT(A) has erred in law and on the facts while confirming the action of assessing officer for excluding export turnover amounting to Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of the appellant while calculating deduction under section 80HHC of Income Tax Act. 6. That

ACIT, LUDHIANA vs. M/S VARDHMAN TEXTILES LTD., LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

5. That the Ld. CIT(A) has erred in law and on the facts while confirming the action of assessing officer for excluding export turnover amounting to Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of the appellant while calculating deduction under section 80HHC of Income Tax Act. 6. That

ACIT,, LUDHIANA vs. M/S VARDHMAN TEXTILES LTD.,, LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

5. That the Ld. CIT(A) has erred in law and on the facts while confirming the action of assessing officer for excluding export turnover amounting to Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of the appellant while calculating deduction under section 80HHC of Income Tax Act. 6. That

M/S VARDHMAN TEXTILES LTD.,LUDHIANA vs. ACIT, LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

5. That the Ld. CIT(A) has erred in law and on the facts while confirming the action of assessing officer for excluding export turnover amounting to Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of the appellant while calculating deduction under section 80HHC of Income Tax Act. 6. That

ACIT, LUDHIANA vs. VARDHMAN TEXTILES LTD., LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

5. That the Ld. CIT(A) has erred in law and on the facts while confirming the action of assessing officer for excluding export turnover amounting to Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of the appellant while calculating deduction under section 80HHC of Income Tax Act. 6. That

VARDHMAN TEXTILES LTD.,,LUDHIANA vs. JCIT,, LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

5. That the Ld. CIT(A) has erred in law and on the facts while confirming the action of assessing officer for excluding export turnover amounting to Rs.81,39,65,243/- in respect of export oriented unit (EOU) from export turnover of the appellant while calculating deduction under section 80HHC of Income Tax Act. 6. That

ITO, W-7(1), LUDHIANA vs. SH. CHANDER KANT JAIN, LUDHIANA

Bench: Shri N.K. Saini & Shri Sanjay Gargआयकरअपीलसं./Ita No. 1094/Chd/2017 "नधा"रण वष" / Assessment Year : 2012-13 The Ito, Vs. Shri Chander Kant Jain Ward 7(1), C/O Ms Nikkamal Jewellers, बनाम Ludhiana 455-The Mall, Ludhiana

section 14A r.w. rule 8D of the Act without examining facts that for maintaining shares and mutual funds assessee has to made some expenses i.e. telephone for sale and purchase, uses of stationary, uses of vehicles and staff, but no expenses was shown in respect of Shares and mutual funds? 2. Whether upon the facts and circumstances of the case