KANDI FRIENDS EDUCATIONAL TRUST,ROPAR vs. DEPUTY COMMISSION OF INCOME TAX, CL. 1, EXEMPTION, CHANDIGARH

In the result, both the appeals are allowed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahay

Section 11. Thus, this addition is not sustainable and accordingly deleted. ITA Nos. 797 & 798/CHD/2024 A.Y.2014-15 & 2015-16 26 Ground No.2 in A.Y. 2015-16 20. In this ground, grievance of the assessee is that CIT (Appeals) has erred in confirming the disallowance of depreciation

JCIT(OSD), C-1, (E), CHANDIGARH vs. THE SIKH EDUCATIONAL SOCIETY, PATIALA

Bench: The Ld. Cit(A) Against Assessment Order Dt. 30/03/2013 Which Was Passed By Additional Commissioner Of Income Tax, Patiala Range, Patiala, Punjab Which Order Is Hereinafter Referred To As “Ao’S Order”.

Section 11 of the Income-tax Act, 1961. Therefore, the amount of Rs. 10,06,000/- is disallowed and added to the income of the assessee. ix) Disallowance of expenditure claimed by the Assessee under the head depreciation

THE SIKH EDUCATIONAL SOCIETY,PATIALA vs. ADDL. CIT, RANGE, PATIALA

Bench: The Ld. Cit(A) Against Assessment Order Dt. 30/03/2013 Which Was Passed By Additional Commissioner Of Income Tax, Patiala Range, Patiala, Punjab Which Order Is Hereinafter Referred To As “Ao’S Order”.

Section 11 of the Income-tax Act, 1961. Therefore, the amount of Rs. 10,06,000/- is disallowed and added to the income of the assessee. ix) Disallowance of expenditure claimed by the Assessee under the head depreciation

DCIT, C-,1 (E), CHANDIGARH vs. M/S PUNJAB MEDICAL FOUNDATION CHARITABLE TRUST, JALANDHAR

In the result, appeal of the Revenue is dismissed

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-"नधा"रण वष"/ Asstt.Year: 2014-15 Dcit, Cir.1(Exemption) M/S.Punjab Medical Foundation Chandigarh. Vs. Charitable Trust 63-64, Waryam Nagar Cool Road, Jalandhar Pan : Aaatp 5171 B (Applicant) (Responent) : Shri Sudhir Sehal, Advocate Assessee By Revenue By : Shri Ashok K. Khana, Addl.Cit सुनवाई क" तार"ख/Date Of Hearing : 18/11/2020 घोषणा क" तार"ख /Date Of Pronouncement: 21/12/2020 आदेश/O R D E R

section 11 4 Profit of chemist shop not a single penny was paid to any utilized by the trustees trustee in any shape by the trust nor the A.O. has given any instance of payment to trustees out of chemist shop HUGE PROFIT ---- 1 Trust is earning huge profit Firstly profit of 5.96% to 14.08 % is that is from

M/S HERITAGE EDUCATIONAL SOCIETY,CHANDIGARH vs. DCIT, C-1, (E), CHANDIGARH

11 of the Income Tax Act, 1961. Whereas society is being run as a profit making organization by its members. The members of the Governing body are being paid salary Rs. 57.60 lacs as per below:- Mr. Amit Kumar Bansal S/o Sh. Pawan Kumar BansalRs. 19,20,000/- Mr. AnupSoni S/o Smt. AmbikaSoniRs. 19,20,000/- Mr. MukeshBansal

M/S HERITAGE EDUCATIONAL SOCIETY,CHANDIGARH vs. DCIT, C-1, (E), CHANDIGARH

11 of the Income Tax Act, 1961. Whereas society is being run as a profit making organization by its members. The members of the Governing body are being paid salary Rs. 57.60 lacs as per below:- Mr. Amit Kumar Bansal S/o Sh. Pawan Kumar BansalRs. 19,20,000/- Mr. AnupSoni S/o Smt. AmbikaSoniRs. 19,20,000/- Mr. MukeshBansal

M/S HERITAGE EDUCATIONAL SOCIETY,CHANDIGARH vs. DCIT, C-1, (E), CHANDIGARH

11 of the Income Tax Act, 1961. Whereas society is being run as a profit making organization by its members. The members of the Governing body are being paid salary Rs. 57.60 lacs as per below:- Mr. Amit Kumar Bansal S/o Sh. Pawan Kumar BansalRs. 19,20,000/- Mr. AnupSoni S/o Smt. AmbikaSoniRs. 19,20,000/- Mr. MukeshBansal

DCIT, C-1 (EXEMPTIONS), CHANDIGARH vs. THE INSTITUTION OF CIVIL ENGINEERS SOCIETY, LUDHIANA

In the result, appeal of the Revenue is dismissed

11\nand 12, even though the AO has proved that income of the society has\nbeen used to provide benefit \"directly or indirectly\" to any person\nreferred to in section 13(3) i.e. specified persons ignoring the detailed\nfindings given by the Assessing Officer in the Assessment order?\nii.\nWhether on the (acts and in the circumstances of the case

M/S FASTWAY TRANSMISSION (P) LTD.,CHANDIGARH vs. DCIT, CC-II, CHANDIGARH

In the result the captioned appeals of the assessee are

Bench: Shri N.K. Saini & Shri Sanjay Gargआयकर अपील सं./ Ita No.547/Chd/2017 "नधा"रण वष" / Assessment Year : 2013-14

sections 5.4,10.2 and 11.” d) All cost, expenses and liability relating to the equipment including taxes, insurance and maintenance have to be borne by the assessee as per clause 2 of the agreement. e) Further the lessee is responsible, at its own expense, for the delivery of the equipment and even in installation thereof. f) Further all risks pertaining

M/S FASTWAY TRANSMISSION (P) LTD.,CHANDIGARH vs. ACIT, CHANDIGARH

In the result the captioned appeals of the assessee are

Bench: Shri N.K. Saini & Shri Sanjay Gargआयकर अपील सं./ Ita No.547/Chd/2017 "नधा"रण वष" / Assessment Year : 2013-14

sections 5.4,10.2 and 11.” d) All cost, expenses and liability relating to the equipment including taxes, insurance and maintenance have to be borne by the assessee as per clause 2 of the agreement. e) Further the lessee is responsible, at its own expense, for the delivery of the equipment and even in installation thereof. f) Further all risks pertaining

M/S FASTWAY TRANSMISSION (P) LTD.,CHANDIGARH vs. DCIT, CC-II, CHANDIGARH

In the result the captioned appeals of the assessee are

Bench: Shri N.K. Saini & Shri Sanjay Gargआयकर अपील सं./ Ita No.547/Chd/2017 "नधा"रण वष" / Assessment Year : 2013-14

sections 5.4,10.2 and 11.” d) All cost, expenses and liability relating to the equipment including taxes, insurance and maintenance have to be borne by the assessee as per clause 2 of the agreement. e) Further the lessee is responsible, at its own expense, for the delivery of the equipment and even in installation thereof. f) Further all risks pertaining

CT EDUCATIONAL SOCIETY,JALANDHAR vs. DCIT, CHANDIGARH

In the result, the appeal filed by the Assessee is Partly Allowed for\nStatistical Purposes as per the directions above

11 and 12, treating the Assessee as an Association of\nPersons (AOP). This denial was predicated on the finding that the Assessee's\nactivities (selling books, running hostels, charging multiple fees—as per Para 7\nand 8 of the AO's order) were commercial in nature, constituting a violation of\nSection 2(15) and Section 13(1)(c) read with

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

Section 11 of the Act. The Hon'ble ITAT, Chandigarh Bench, in the case of M/s Indo Soviet Friendship College for Pharmacy Managing Committee, in ITA No.478 & 479/CHD/2013 dated 2.6 09.2015 has held that the vehicle running expenses and depreciation

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

Section 11 of the Act. The Hon'ble ITAT, Chandigarh Bench, in the case of M/s Indo Soviet Friendship College for Pharmacy Managing Committee, in ITA No.478 & 479/CHD/2013 dated 2.6 09.2015 has held that the vehicle running expenses and depreciation

DCIT,CIRCLE-1(EXEMPTION), CHANDIGARH vs. M/S MANAV MANGAL SCHOOL( MANAV MANGAL SOCIETY), CHANDIGARH

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

Section 11 of the Act. The Hon'ble ITAT, Chandigarh Bench, in the case of M/s Indo Soviet Friendship College for Pharmacy Managing Committee, in ITA No.478 & 479/CHD/2013 dated 2.6 09.2015 has held that the vehicle running expenses and depreciation

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

Section 11 of the Act. The Hon'ble ITAT, Chandigarh Bench, in the case of M/s Indo Soviet Friendship College for Pharmacy Managing Committee, in ITA No.478 & 479/CHD/2013 dated 2.6 09.2015 has held that the vehicle running expenses and depreciation

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

Section 11 of the Act. The Hon'ble ITAT, Chandigarh Bench, in the case of M/s Indo Soviet Friendship College for Pharmacy Managing Committee, in ITA No.478 & 479/CHD/2013 dated 2.6 09.2015 has held that the vehicle running expenses and depreciation

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

Section 11 of the Act. The Hon'ble ITAT, Chandigarh Bench, in the case of M/s Indo Soviet Friendship College for Pharmacy Managing Committee, in ITA No.478 & 479/CHD/2013 dated 2.6 09.2015 has held that the vehicle running expenses and depreciation