DCIT, CHANDIGARH vs. SH. PARAMJIT SINGH, MOHALI

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

Capital gains ". Section 45 is a charging section. For the purpose of imposing the charge, Parliament has enacted detailed provisions in order to compute ITA Nos.41 to 44, 387, 45 to 54/Chd/17 & CO 16-to 30-Chd-2018- Shri Kulwant Singh & Others, Mohali 8 the profits or gains under that head. No existing principle or provision at variance with them

DCIT, CHANDIGARH vs. SH. KULWANT SINGH, MOHALI

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

Capital gains ". Section 45 is a charging section. For the purpose of imposing the charge, Parliament has enacted detailed provisions in order to compute ITA Nos.41 to 44, 387, 45 to 54/Chd/17 & CO 16-to 30-Chd-2018- Shri Kulwant Singh & Others, Mohali 8 the profits or gains under that head. No existing principle or provision at variance with them

DCIT, CHANDIGARH vs. SMT. MANJIT KAUR, CHANDIGARH

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

Capital gains ". Section 45 is a charging section. For the purpose of imposing the charge, Parliament has enacted detailed provisions in order to compute ITA Nos.41 to 44, 387, 45 to 54/Chd/17 & CO 16-to 30-Chd-2018- Shri Kulwant Singh & Others, Mohali 8 the profits or gains under that head. No existing principle or provision at variance with them

DCIT, CHANDIGARH vs. SH. KULWANT SINGH, MOHALI

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

Capital gains ". Section 45 is a charging section. For the purpose of imposing the charge, Parliament has enacted detailed provisions in order to compute ITA Nos.41 to 44, 387, 45 to 54/Chd/17 & CO 16-to 30-Chd-2018- Shri Kulwant Singh & Others, Mohali 8 the profits or gains under that head. No existing principle or provision at variance with them

DCIT, CHANDIGARH vs. SH. PARAMJIT SINGH, MOHALI

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

Capital gains ". Section 45 is a charging section. For the purpose of imposing the charge, Parliament has enacted detailed provisions in order to compute ITA Nos.41 to 44, 387, 45 to 54/Chd/17 & CO 16-to 30-Chd-2018- Shri Kulwant Singh & Others, Mohali 8 the profits or gains under that head. No existing principle or provision at variance with them

DCIT, CHANDIGARH vs. SMT. JASWANT KAUR, MOHALI

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

Capital gains ". Section 45 is a charging section. For the purpose of imposing the charge, Parliament has enacted detailed provisions in order to compute ITA Nos.41 to 44, 387, 45 to 54/Chd/17 & CO 16-to 30-Chd-2018- Shri Kulwant Singh & Others, Mohali 8 the profits or gains under that head. No existing principle or provision at variance with them

SH. BALJINDER KUMAR AGGARWAL 171, MODEL TOWN LUDHIANA,PUNJAB vs. JATIN ABBI THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1 LUDHIANA, PUNJAB

In the result, appeal of the Assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Manoj Kumar Aggarwalआयकर अपील सं./ Ita No. 689/Chd/2024 िनधा"रण वष" / Assessment Year : 2012-13 बनाम Shri Baljinder Kumar Aggarwal, The Acit, 171, Model Town, Circle-1, Vs Ludhiana. Ludhiana. "थायी लेखा सं./Pan /Tan No: Bmcpk7473A अपीलाथ"/Appellant ""यथ"/Respondent िनधा"रती क" ओर से/Assessee By : Shri Sudhir Sehgal, Advocate राज"व क" ओर से/ Revenue By : Shri Manav Bansal, Cit, Dr तारीख/Date Of Hearing : 21.08.2025 उदघोषणा क" तारीख/Date Of Pronouncement : 17.09.2025

234 (CHD-Trib.) 3. Judgment in the case of ACIT vs. Bhavik Bharatbhai Padia as reported in [2017] 78 taxmann.com 133 (Ahmedabad-Trib.) 4. Judgment in the case of Rama Mittal vs. ITO, NFAC as reported in [2024] 163 taxmann.com 612 (ASR-Trib.) 5. Judgment in the case of Durga Devi Bagree vs. ITO as reported in [2023] 157 taxmann.com

SH.DINESH DUA,DELHI vs. DCIT, CHANDIGARH

In the result, the appeal of the assessee is treated as partly

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year : 2008-09

234 Taxman 300 (Delhi) and subsequent decision in the case of ‘Principal CIT Vs. Meeta Gutgutia Prop M/s Ferns ‘N’ Petals (supra)’. However, in this case the assessee has not agitated the additions made by the Assessing officer in the assessment proceeding ITA Nos. 1474 to1476/Chd/2017 & 378, 379 & 395/Chd/2016- Dinesh Dua, Delhi 4 u/s 153A in the absence

SHRI DINESH DUA,DELHI vs. DCIT, CHANDIGARH

In the result, the appeal of the assessee is treated as partly

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year : 2008-09

234 Taxman 300 (Delhi) and subsequent decision in the case of ‘Principal CIT Vs. Meeta Gutgutia Prop M/s Ferns ‘N’ Petals (supra)’. However, in this case the assessee has not agitated the additions made by the Assessing officer in the assessment proceeding ITA Nos. 1474 to1476/Chd/2017 & 378, 379 & 395/Chd/2016- Dinesh Dua, Delhi 4 u/s 153A in the absence

SH. DINESH DUA,DELHI vs. DCIT, CHANDIGARH

In the result, the appeal of the assessee is treated as partly

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year : 2008-09

234 Taxman 300 (Delhi) and subsequent decision in the case of ‘Principal CIT Vs. Meeta Gutgutia Prop M/s Ferns ‘N’ Petals (supra)’. However, in this case the assessee has not agitated the additions made by the Assessing officer in the assessment proceeding ITA Nos. 1474 to1476/Chd/2017 & 378, 379 & 395/Chd/2016- Dinesh Dua, Delhi 4 u/s 153A in the absence

M/S ASHA TECHNOLOGIES,KALA AMB vs. ITO, SIRMOUR

In the result, both the above appeals of the Assessee are partly allowed as aforesaid in respect of impugned orders dt

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

capital account and Rs. 11,00,000/- in the name of M/s. Asha Telecom Pvt. Ltd. as liabilities. But it did not furnish any information regarding sources of these credits and neither any confirmation from M/s. Asha Telecom Pvt. Ltd. was furnished. Similarly, Para 8 of the questionnaire remained unanswered. Vide Para 9 of its reply, it was stated that

M/S ASHA TECHNOLOGIES,SIRMOUR vs. ADDL. CIT, SOLAN

In the result, both the above appeals of the Assessee are partly allowed as aforesaid in respect of impugned orders dt

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

capital account and Rs. 11,00,000/- in the name of M/s. Asha Telecom Pvt. Ltd. as liabilities. But it did not furnish any information regarding sources of these credits and neither any confirmation from M/s. Asha Telecom Pvt. Ltd. was furnished. Similarly, Para 8 of the questionnaire remained unanswered. Vide Para 9 of its reply, it was stated that

DCIT, C-5, LUDHIANA vs. M/S HERO CYCLES LTD., LUDHIANA

In the result, appeal of the Department is dismissed and the Cross

gains is exempt from tax under section 10(38) of the Act is directed to be deleted on the basis of same reasoning and logic as adopted by the Honourable ITAT, Chandigarh in the case of the assessee company itself for the A.Ys. 2008-09, 2009- 10 and 2010-11 while deleting the identical addition in these years

M/S JAIN AMAR CLOTHING PVT. LTD.,LUDHIANA vs. DCIT, CC-III, LUDHIANA

In the result, the ground no

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

234 wherein it was held that neither under section 132 or under section 153A, phraseology “incriminating” has been used by Parliament, it was held by the AO that any material found in search or statement recorded in search is a valuable piece of evidence. Further, referring to the decision of Hon’ble Delhi High Court in case of Kabul Chawla

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

In the result appeal of the assessee is allowed

234 of the Act and u/s 234B of the Act which are not leviable on the facts and circumstances of the case of the appellant company. 3. Grievance of the assessee vide Ground No. 1 to 2.4 relates to the sustenance of addition of Rs. 91,99,543/- made by the A.O. by applying the G.P rate. 4. Facts

VARDHMAN TEXTILE LTD.,LUDHIANA vs. ADDL. CIT, LUDHIANA

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita Nos. 1429/Chd/2010 "नधा"रण वष" / Assessment Years : 2006-07 Vardhman Textiles Limited, The Addl.Cit, Range- 1, बनाम Ludhiana Chandigarh Road, Ludhiana "थायी लेखा सं./Pan No: Aabcm4692E Appeal Against The Order Of Cit(A)-1, Ludhiana Dated 15.10.2010

section 14A of The Income Tax Act w.r.t. dividend income earned by the assessee. 8. That the Ld. CIT(A) erred in law and on the facts while confirming the action of Ld.AO for disallowing foreign traveling expenses of wife of Chairman & Managing Director amounting to Rs. 11,46,863/-. 9. That the Ld. CIT(A) erred

VARDHMAN TEXTILES LTD,LUDHIANA vs. ADDITIONAL COMMISSIONER OF INCOME TAX, LUDHIANA

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita Nos. 1429/Chd/2010 "नधा"रण वष" / Assessment Years : 2006-07 Vardhman Textiles Limited, The Addl.Cit, Range- 1, बनाम Ludhiana Chandigarh Road, Ludhiana "थायी लेखा सं./Pan No: Aabcm4692E Appeal Against The Order Of Cit(A)-1, Ludhiana Dated 15.10.2010

section 14A of The Income Tax Act w.r.t. dividend income earned by the assessee. 8. That the Ld. CIT(A) erred in law and on the facts while confirming the action of Ld.AO for disallowing foreign traveling expenses of wife of Chairman & Managing Director amounting to Rs. 11,46,863/-. 9. That the Ld. CIT(A) erred

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

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita Nos. 1429/Chd/2010 "नधा"रण वष" / Assessment Years : 2006-07 Vardhman Textiles Limited, The Addl.Cit, Range- 1, बनाम Ludhiana Chandigarh Road, Ludhiana "थायी लेखा सं./Pan No: Aabcm4692E Appeal Against The Order Of Cit(A)-1, Ludhiana Dated 15.10.2010

section 14A of The Income Tax Act w.r.t. dividend income earned by the assessee. 8. That the Ld. CIT(A) erred in law and on the facts while confirming the action of Ld.AO for disallowing foreign traveling expenses of wife of Chairman & Managing Director amounting to Rs. 11,46,863/-. 9. That the Ld. CIT(A) erred