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

KANDI FRIENDS EDUCATIONAL TRUST,ROPAR vs. DEPUTY COMMISSIONER OF INCOME TAX, CHANDIGARH

In the result, both the appeals are allowed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahay

3) of the Income Tax Act but took a contrary stand in these years. He submitted that as per the proviso to Section 11(2), the period of the stay is required to be excluded from the alleged ITA Nos. 797 & 798/CHD/2024 A.Y.2014-15 & 2015-16 18 period of five years, therefore, assessee is protected by the proviso appended with

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

3) of the Income Tax Act but took a contrary stand in these years. He submitted that as per the proviso to Section 11(2), the period of the stay is required to be excluded from the alleged ITA Nos. 797 & 798/CHD/2024 A.Y.2014-15 & 2015-16 18 period of five years, therefore, assessee is protected by the proviso appended with

BABA HIRA SINGH BHATTAL INSTITUTE OF ENGINEERING & TECHNOLOGY,LEHRAGAGA vs. DCIT, (E), C-1, CHANDIGARH

In the result, the appeal is allowed

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

Section 11(6), if acquisition of an asset has been claimed as application of income u/s 11 by the assessee in the concerned assessment year or in any other previous year, depreciation would not ITA 870/CHD/2019 A.Y. 2015-16 35 be allowed. In the present case, as observed from the record and as not disputed before us, no such claim

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

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

11, which is contrary to the facts and circumstances, when on similar facts and circumstances, the issue have been decided in favour of Assessee in the earlier years in the order u/s 143(3) and now there is a binding judgment of the Hon'ble Apex Court. 4. Your goodself's attention is invited to the judgement

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

11, which is contrary to the facts and circumstances, when on similar facts and circumstances, the issue have been decided in favour of Assessee in the earlier years in the order u/s 143(3) and now there is a binding judgment of the Hon'ble Apex Court. 4. Your goodself's attention is invited to the judgement

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

11, which is contrary to the facts and circumstances, when on similar facts and circumstances, the issue have been decided in favour of Assessee in the earlier years in the order u/s 143(3) and now there is a binding judgment of the Hon'ble Apex Court. 4. Your goodself's attention is invited to the judgement

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

11, which is contrary to the facts and circumstances, when on similar facts and circumstances, the issue have been decided in favour of Assessee in the earlier years in the order u/s 143(3) and now there is a binding judgment of the Hon'ble Apex Court. 4. Your goodself's attention is invited to the judgement

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

11, which is contrary to the facts and circumstances, when on similar facts and circumstances, the issue have been decided in favour of Assessee in the earlier years in the order u/s 143(3) and now there is a binding judgment of the Hon'ble Apex Court. 4. Your goodself's attention is invited to the judgement

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

11, which is contrary to the facts and circumstances, when on similar facts and circumstances, the issue have been decided in favour of Assessee in the earlier years in the order u/s 143(3) and now there is a binding judgment of the Hon'ble Apex Court. 4. Your goodself's attention is invited to the judgement

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

11, which is contrary to the facts and circumstances, when on similar facts and circumstances, the issue have been decided in favour of Assessee in the earlier years in the order u/s 143(3) and now there is a binding judgment of the Hon'ble Apex Court. 4. Your goodself's attention is invited to the judgement

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

11, which is contrary to the facts and circumstances, when on similar facts and circumstances, the issue have been decided in favour of Assessee in the earlier years in the order u/s 143(3) and now there is a binding judgment of the Hon'ble Apex Court. 4. Your goodself's attention is invited to the judgement

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

3. As per the allegation mentioned in the TEP, the trust M/s Heritage Educational Society, Chandigarh promoted by the family of Mr. Pawan Kumar Bansal Smt. Ambika Soni& Sh. BalKrishan Bansal, which is involved in financial irregularities. The allegation in the TEP is "the account of the society have been grossly misrepresented. In the balance sheet of Heritage Educational Society

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

3. As per the allegation mentioned in the TEP, the trust M/s Heritage Educational Society, Chandigarh promoted by the family of Mr. Pawan Kumar Bansal Smt. Ambika Soni& Sh. BalKrishan Bansal, which is involved in financial irregularities. The allegation in the TEP is "the account of the society have been grossly misrepresented. In the balance sheet of Heritage Educational Society

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

3. As per the allegation mentioned in the TEP, the trust M/s Heritage Educational Society, Chandigarh promoted by the family of Mr. Pawan Kumar Bansal Smt. Ambika Soni& Sh. BalKrishan Bansal, which is involved in financial irregularities. The allegation in the TEP is "the account of the society have been grossly misrepresented. In the balance sheet of Heritage Educational Society

WINSOME TEXTILE INDUSTRIES LIMITED,CHANDIGARH vs. ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-4(1), CHANDIGARH, CHANDIGARH

In the result, the appeal of the assessee is partly allowed and the appeal of the Revenue is dismissed

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

11. In this regard, during the course of hearing, the Ld. AR submitted that the appellant had filed its original return of income on 28.09.2011 declaring profit of Rs 21,05,90,768/- which was set off against the brought forward losses. However, tax was paid under sections 115JB of Income Tax Act, 1961. Thereafter, notice under section

ACIT, CIRCLE 1(1), CHANDIGARH vs. M/S SML ISUZU LTD., CHANDIGARH

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

3) of section 143, a presumption can be raised that such an order has been passed on application of mind. It is well-known that a presumption can also be raised to the effect that in terms of clause (e) of section 114 of the Indian Evidence Act the judicial and official acts have been regularly performed