M/S DIN DAYAL PURSOTAM LAL,SIRSA vs. PR.CIT, ROHTAK

Bench: SHRI A.D.JAIN (Vice President), SHRI VIKRAM SINGH YADAV (Accountant Member)

2. That the conclusion of learned Principal Commissioner of Income Tax that "the assessment order dated 21.12.2018 passed by the AO is erroneous in so far as it is prejudicial to the interests of the revenue to the extent of verification of purchases and examining of applicability of section 40A(3) against cash purchase" is based on fundamental misconception

M/S APEX BUILDERS, LUDHIANA vs. ITO, W-2(1), LUDHIANA

The appeal is partly allowed

Bench: SHRI. LALIET KUMAR (Judicial Member)

condone the delay for which sufficient cause is shown, and admit the appeal for adjudication. 4. Briefly, the facts of the case are that M/s Apex Builders, a firm engaged in civil and road construction work, filed its return of income for the Assessment Year 2012–13, declaring an income of Rs . 4,52,050/-. The return was filed electronically

SHRI SUBHASH SHARMA,CHANDIGARH vs. ITO, W-2(3), CHANDIGARH

In the result, the ground of appeal is allowed for statistical purposes

Bench: This Tribunal, As Pointed Out By The Registry. The Assessee Has Filed An Application For Condonation Of Delay Alongwith Affidavit Of The Assessee. On Perusing The Application For Condonation Of Delay & Affidavit Of The Assessee, The Delay Of 15 Days In Filing The Appeal Before This Tribunal Is Condoned.

delay of 15 days in filing the appeal before this Tribunal is condoned. 3. Briefly the facts of the case are that the assessee filed his return of income declaring total income of Rs. 13,53,380/- which was selected for scrutiny and after issuing notices and calling for the necessary information/documentation, the assessment was completed under section

SHRI SACHIN GOYAL,LUDHIANA vs. ACIT, C-7, LUDHIANA

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

Bench: Hon’Ble Shri Rajpal Yadav & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकरअपील सं. / Ita No.1489/Chandi/2019 (िनधा"रणवष" / Assessment Year: 2010-11) & 2. आयकरअपील सं. / Ita No.1490/Chandi/2019 (िनधा"रणवष" / Assessment Year: 2011-12) Shri Sachin Goyal Acit- Circle-7 बनाम/ Vs. 29/1, The Mall Ludhiana. Ludhiana 141 001 "थायीलेखासं./जीआइआरसं./Pan/Gir No. Abwpg-3117-D (अपीलाथ"/Appellant) (""थ" / Respondent) : अपीलाथ"कीओरसे/ Appellant By : S/Shri Pankaj Bhalla (Ca) & Vk Bhalla (Ca)- Ld Ars. ""थ"कीओरसे/Respondent By : Dr. Ranjit Kaur (Addl. Cit) – Ld. Sr. Dr सुनवाईकीतारीख/Date Of Hearing : 18-03-2025 घोषणाकीतारीख /Date Of Pronouncement : 24-03-2025 आदेश / O R D E R Manoj Kumar Aggarwal () 1. Aforesaid Appeals By Assessee For Assessment Years (Ay) 2010- 11 & 2011-12 Arises Out Of Separate Orders Of Learned First Appellate Authority. First, We Take Up Appeal For Ay 2010-11 Which Arises Out Of The Order Of Learned Commissioner Of Income Tax (Appeals)-3, Ludhiana [Cit(A)] Dated 20-08-2019 In The Matter Of An Assessment Framed By Ld. Assessing Officer [Ao] U/S. 143(3) Of The Act On 20-03-

delay of one day in both the appeals which stand condoned. 2. It emerges that the assessee purchased certain land for Rs.469.98 Lacs out of which the payment of Rs.54.89 Lacs was made in cash. The land was held as stock-in-trade and accordingly, Ld. AO formed an opinion that the cash payment so made by the assessee would

SHRI SACHIN GOYAL,LUDHIANA vs. ADDL. CIT, R-VII, LUDHIANA

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

Bench: Hon’Ble Shri Rajpal Yadav & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकरअपील सं. / Ita No.1489/Chandi/2019 (िनधा"रणवष" / Assessment Year: 2010-11) & 2. आयकरअपील सं. / Ita No.1490/Chandi/2019 (िनधा"रणवष" / Assessment Year: 2011-12) Shri Sachin Goyal Acit- Circle-7 बनाम/ Vs. 29/1, The Mall Ludhiana. Ludhiana 141 001 "थायीलेखासं./जीआइआरसं./Pan/Gir No. Abwpg-3117-D (अपीलाथ"/Appellant) (""थ" / Respondent) : अपीलाथ"कीओरसे/ Appellant By : S/Shri Pankaj Bhalla (Ca) & Vk Bhalla (Ca)- Ld Ars. ""थ"कीओरसे/Respondent By : Dr. Ranjit Kaur (Addl. Cit) – Ld. Sr. Dr सुनवाईकीतारीख/Date Of Hearing : 18-03-2025 घोषणाकीतारीख /Date Of Pronouncement : 24-03-2025 आदेश / O R D E R Manoj Kumar Aggarwal () 1. Aforesaid Appeals By Assessee For Assessment Years (Ay) 2010- 11 & 2011-12 Arises Out Of Separate Orders Of Learned First Appellate Authority. First, We Take Up Appeal For Ay 2010-11 Which Arises Out Of The Order Of Learned Commissioner Of Income Tax (Appeals)-3, Ludhiana [Cit(A)] Dated 20-08-2019 In The Matter Of An Assessment Framed By Ld. Assessing Officer [Ao] U/S. 143(3) Of The Act On 20-03-

delay of one day in both the appeals which stand condoned. 2. It emerges that the assessee purchased certain land for Rs.469.98 Lacs out of which the payment of Rs.54.89 Lacs was made in cash. The land was held as stock-in-trade and accordingly, Ld. AO formed an opinion that the cash payment so made by the assessee would