AARTI SINGAL,NEW DELHI vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, CHANDIGARH, CHANDIGARH

In the result, assessee’s appeals are allowed

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

221 /Chd/ 2025 िनधा"रण वष" / Assessment Years : 2016-17 Sanjay Singal (HUF) बनाम The DCIT 53, Jor Bagh, New Delhi Central Circle-1 Chandigarh "ायी लेखा सं./PAN NO: AAMHS8301N अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Ashwani Kumar, C.A and Ms. Deepali Aggarwal, C.A राज" की ओर से/ Revenue by : Smt. Kusum Bansal

AARTI SINGAL,NEW DELHI vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, CHANDIGARH, CHANDIGARH

In the result, assessee’s appeals are allowed

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

221 /Chd/ 2025 िनधा"रण वष" / Assessment Years : 2016-17 Sanjay Singal (HUF) बनाम The DCIT 53, Jor Bagh, New Delhi Central Circle-1 Chandigarh "ायी लेखा सं./PAN NO: AAMHS8301N अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Ashwani Kumar, C.A and Ms. Deepali Aggarwal, C.A राज" की ओर से/ Revenue by : Smt. Kusum Bansal

ANIKET SINGAL,NEW DELHI vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, CHANDIGARH, CHANDIGARH

In the result, assessee’s appeals are allowed

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

221 /Chd/ 2025 िनधा"रण वष" / Assessment Years : 2016-17 Sanjay Singal (HUF) बनाम The DCIT 53, Jor Bagh, New Delhi Central Circle-1 Chandigarh "ायी लेखा सं./PAN NO: AAMHS8301N अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Ashwani Kumar, C.A and Ms. Deepali Aggarwal, C.A राज" की ओर से/ Revenue by : Smt. Kusum Bansal

RADHA MITTAL,LUDHIANA vs. ITO- WARD 7(3), LUDHIANA

In the result, the appeal of the assessee is allowed in light

Bench: Shri Sanjay Garg & Shri Vikram Singh Yadavradha Mittal, Ito बनाम H. No. 85-A, Aggar Nagar, Ward- 7(3), Ludhiana- 141012 Ludhiana

221 (Cal.) • ITO v. Rajender Prasad Gupta (2010) 48 DTR 489 (JD) (Trib.) 5. It was further submitted that the notice u/s 148 was issued on the ground that the assessee has not disclosed the amount of long term capital gains on sale of shares whereas in the computation of income as per the original return of income as well

ROSHA ALLOYS P LIMITED, AMLOH ROAD, VILLAGE TURAN, MANDI GOBINDGARH,PUNJAB vs. DCIT CENTRAL CIRCLE 1, LUDHIANA, PUNJAB

In the result, the appeals filed by the Revenue are dismissed,\nwhereas the appeals of the assessee are allowed

221 ITR 53 (SC), wherein it\nwas held that grant of approval must not be a mere formality, but a\njudicial function to be exercised with due care, application of mind,\nand examination of relevant material. This legal position has been\nconsistently upheld by various High Courts and reaffirmed by the\nHon'ble Supreme Court in multiple cases, reinforcing that

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, LUDHIANA , LUDHIANA vs. ROSHA ALLOYS PVT. LTD., MANDI GOBINDGARH

In the result, the appeals filed by the Revenue are dismissed,\nwhereas the appeals of the assessee are allowed

221 ITR 53 (SC), wherein it\n11\nwas held that grant of approval must not be a mere formality, but a\njudicial function to be exercised with due care, application of mind,\nand examination of relevant material. This legal position has been\nconsistently upheld by various High Courts and reaffirmed by the\nHon'ble Supreme Court in multiple cases, reinforcing

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, LUDHIANA , LUDHIANA vs. ROSHA ALLOYS PVT. LTD., MANDI GOBINDGARH

In the result, the appeals filed by the Revenue are dismissed,\nwhereas the appeals of the assessee are allowed

221 ITR 53 (SC), wherein it\n11\nwas held that grant of approval must not be a mere formality, but a\njudicial function to be exercised with due care, application of mind,\nand examination of relevant material. This legal position has been\nconsistently upheld by various High Courts and reaffirmed by the\nHon'ble Supreme Court in multiple cases, reinforcing

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, LUDHIANA , LUDHIANA vs. ROSHA ALLOYS PVT. LTD., MANDI GOBINDGARH

In the result, the appeals filed by the Revenue are dismissed,\nwhereas the appeals of the assessee are allowed

221 ITR 53 (SC), wherein it\n\n11\nwas held that grant of approval must not be a mere formality, but a\njudicial function to be exercised with due care, application of mind,\nand examination of relevant material. This legal position has been\nconsistently upheld by various High Courts and reaffirmed by the\nHon'ble Supreme Court in multiple cases

M/S SHUBHAM COTTON MILLS PVT. LTD.,ELLENABAD vs. DCIT, CIRCLE, SIRSA

In the result appeal of the assessee is allowed

gains", is a loss, the assessee shall be entitled to have the amount of such loss set off against his income from any other source under the same head. (2) Where the result of the computation made for any assessment year under sections 48 to 55 in respect of any short-term capital asset is a loss, the assessee shall

DCIT, CHANDIGARH vs. M/S WINSOME YARNS LTD., CHANDIGARH

In the result, all the appeals of the Revenue are dismissed

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

capital asset situate in India; [Explanation I]: For the purposes of this clause— (a) in the case of a business of which all the operations are not carried out in India, the income of the business deemed under this clause to accrue or arise in India shall be only such part of the income as is reasonably attributable

DCIT, C-4(1), CHANDIGARH vs. M/S WINSOME YARNS LTD,, CHANDIGARH

In the result, all the appeals of the Revenue are dismissed

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

capital asset situate in India; [Explanation I]: For the purposes of this clause— (a) in the case of a business of which all the operations are not carried out in India, the income of the business deemed under this clause to accrue or arise in India shall be only such part of the income as is reasonably attributable

DCIT, CHANDIGARH vs. M/S WINSOME TEXTILES INDUSTRIES LTD., CHANDIGARH

In the result, all the appeals of the Revenue are dismissed

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

capital asset situate in India; [Explanation I]: For the purposes of this clause— (a) in the case of a business of which all the operations are not carried out in India, the income of the business deemed under this clause to accrue or arise in India shall be only such part of the income as is reasonably attributable

DCIT, CHANDIGARH vs. M/S WINSOME YARNS LTD., CHANDIGARH

In the result, all the appeals of the Revenue are dismissed

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

capital asset situate in India; [Explanation I]: For the purposes of this clause— (a) in the case of a business of which all the operations are not carried out in India, the income of the business deemed under this clause to accrue or arise in India shall be only such part of the income as is reasonably attributable

M/S STATE BANK OF PATIALA,,PATIALA vs. ACIT,, PATIALA

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

221/-. 6 That the whole order is against the provisions of law and facts of the case and right is reserved to assail the same on such other grounds as may be advanced at the time of hearing for which the appellant requests leave to amend, vary from or add to the ground of appeal hereinabove appearing

M/S STATE BANK OF PATIALA,,PATIALA vs. ACIT,, PATIALA

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

221/-. 6 That the whole order is against the provisions of law and facts of the case and right is reserved to assail the same on such other grounds as may be advanced at the time of hearing for which the appellant requests leave to amend, vary from or add to the ground of appeal hereinabove appearing

M/S MANAV MANGAL SOCIETY,CHANDIGARH vs. DCIT, C-1, (E), CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

gain won various Awards and Appreciations over a period of time from the State and other high dignitaries at the state level and all India Level in appreciation of the services provided by them towards the field of education and setting up of infrastructure for imparting quality education. That befits them to be in the key roles assigned to them

DCIT, C-1, (E), CHANDIGARH vs. M/S MANAV MANGAL SOCIETY, CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

gain won various Awards and Appreciations over a period of time from the State and other high dignitaries at the state level and all India Level in appreciation of the services provided by them towards the field of education and setting up of infrastructure for imparting quality education. That befits them to be in the key roles assigned to them

DCIT, C-1, (E), CHANDIGARH vs. M/S MANAV MANGAL SOCIETY, CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

gain won various Awards and Appreciations over a period of time from the State and other high dignitaries at the state level and all India Level in appreciation of the services provided by them towards the field of education and setting up of infrastructure for imparting quality education. That befits them to be in the key roles assigned to them