M/S HARYANA WAREHOUSING CORPORATION,PANCHKULA vs. ACIT, CIRCLE , PANCHKULA

In the result, the appeal of the assessee stands allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita No. 891/Chd/2019 "नधा"रण वष" / Assessment Year : 2012-13 Haryana State Warehousing The Acit, Circle Panchkula, बनाम Corporation, Panchkula 134112 Bay No. 15-18, Sector 2, Panchkula- 134112 "थायी लेखा सं./Pan No: Aaath7482H अपीलाथ"/Appellant ""यथ"/Respondent

section 152(2) of the Act based on the reasons recorded on 22.12.2016 is declared as null and void and quashed. Ground No. 7.2 That the Ld. Assessing Officer has wrongly initiated the proceedings u/s 148 of the Act on the basis of audit objection lying in the assessment file and ignoring the judgment of Hon'ble Supreme Court

M/S SIRMOUR HOTELS PVT. LTD.,SIRMOUR vs. ITO, NAHAN

Appeal of the assessee is partly allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2007-08

depreciation in any year), as on the first day of the previous year in which the substantial expansion is undertaken; …..” SCH XIV – LIST OF ARTICLES OR THINGS OR OPERATIONS . “PART C FOR THE STATE OF HIMACHAL PRADESH AND THE STATE OF UTTARANCHAL S.No. Activity or article 4/6 digit Sub-class ITC (HS) or thing or excise under NIC Classification operation

M/S SIRMOUR HOTELS PVT. LTD.,SIRMOUR vs. DCIT, PARWANOO

Appeal of the assessee is partly allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2007-08

depreciation in any year), as on the first day of the previous year in which the substantial expansion is undertaken; …..” SCH XIV – LIST OF ARTICLES OR THINGS OR OPERATIONS . “PART C FOR THE STATE OF HIMACHAL PRADESH AND THE STATE OF UTTARANCHAL S.No. Activity or article 4/6 digit Sub-class ITC (HS) or thing or excise under NIC Classification operation

M/S SIRMOUR HOTELS PVT. LTD.,SIRMOUR vs. DCIT, PARWANOO

Appeal of the assessee is partly allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2007-08

depreciation in any year), as on the first day of the previous year in which the substantial expansion is undertaken; …..” SCH XIV – LIST OF ARTICLES OR THINGS OR OPERATIONS . “PART C FOR THE STATE OF HIMACHAL PRADESH AND THE STATE OF UTTARANCHAL S.No. Activity or article 4/6 digit Sub-class ITC (HS) or thing or excise under NIC Classification operation

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)

152 (SC) and CIT Vs. DB,(India) Securities Ltd.; 318 ITR 26 (Del). The aforesaid of Rs. 50,00,000/- debited in the P&L Account of assessee company and corresponding reduction was made from ‘ Trade Receivable / advances’ in the balance sheet for the relevant period hence 36(1)(vii) complied with. Alternatively the payment towards invocation of Bank Guarantee

S.P. SINGLA CONSTRUCTION PRIVATE LIMITED,DELHI vs. DEPUTY COMMISSIONER OF INCOME TAX, CHANDIGARH

In the result, the appeal is allowed

Bench: SHRI MAHAVIR SINGH (Vice President), SHRI KRINWANT SAHAY (Accountant Member)

depreciation allowance or any other allowance, as the case may be, for the assessment year concerned (hereafter in this Section and in sections 148 to 153 referred to as the relevant assessment year) : Provided that where an assessment under Sub-section (3) of Section 143 or this Section has been made for the relevant assessment year, no action shall

PRIYANKA,SIRSA vs. PR.CIT, ROHTAK

The appeal of the assessee is allowed

Bench: Shri Sudhanshu Srivastava & Shri Vikram Singh Yadavआयकरअपीलसं./Ita No.149/Chd/2021 "नधा"रणवष" / Assessment Year :2016-17 Sh. Rajeev Goyal Pr. Commissioner Of Income बनाम M/S R.K. Associates, Tax, Rohtak B.G. Complex Near Ganesh Dharam Kanta, Sirsa -125055, Haryana "थायीलेखासं./Pan No: Aibpg7289A अपीलाथ"/Appellant ""यथ"/Respondent

152, 154 & 157-c-2021 Rajeev Goyal & others 24 worked out to Rs. 2,64,182/-. Further, the assessee had claimed revenue expenses in the Profit & Loss account at Rs. 7,57,238/-. Out of these expenses an amount of Rs. 1,20,000/-, claimed on account of depreciation on furniture and fixtures, were held to be not allowable

SHRI. TARSEM GOYAL,SIRSA vs. PR.CIT, ROHTAK

The appeal of the assessee is allowed

Bench: Shri Sudhanshu Srivastava & Shri Vikram Singh Yadavआयकरअपीलसं./Ita No.149/Chd/2021 "नधा"रणवष" / Assessment Year :2016-17 Sh. Rajeev Goyal Pr. Commissioner Of Income बनाम M/S R.K. Associates, Tax, Rohtak B.G. Complex Near Ganesh Dharam Kanta, Sirsa -125055, Haryana "थायीलेखासं./Pan No: Aibpg7289A अपीलाथ"/Appellant ""यथ"/Respondent

152, 154 & 157-c-2021 Rajeev Goyal & others 24 worked out to Rs. 2,64,182/-. Further, the assessee had claimed revenue expenses in the Profit & Loss account at Rs. 7,57,238/-. Out of these expenses an amount of Rs. 1,20,000/-, claimed on account of depreciation on furniture and fixtures, were held to be not allowable

M/S PARDEEP ISPAT(P) LTD.,SIRSA vs. PR.CIT, ROHTAK

The appeal of the assessee is allowed

Bench: Shri Sudhanshu Srivastava & Shri Vikram Singh Yadavआयकरअपीलसं./Ita No.149/Chd/2021 "नधा"रणवष" / Assessment Year :2016-17 Sh. Rajeev Goyal Pr. Commissioner Of Income बनाम M/S R.K. Associates, Tax, Rohtak B.G. Complex Near Ganesh Dharam Kanta, Sirsa -125055, Haryana "थायीलेखासं./Pan No: Aibpg7289A अपीलाथ"/Appellant ""यथ"/Respondent

152, 154 & 157-c-2021 Rajeev Goyal & others 24 worked out to Rs. 2,64,182/-. Further, the assessee had claimed revenue expenses in the Profit & Loss account at Rs. 7,57,238/-. Out of these expenses an amount of Rs. 1,20,000/-, claimed on account of depreciation on furniture and fixtures, were held to be not allowable

SHRI RAJEEV GOYAL,SIRSA vs. PR.CIT, ROHTAK

The appeal of the assessee is allowed

Bench: Shri Sudhanshu Srivastava & Shri Vikram Singh Yadavआयकरअपीलसं./Ita No.149/Chd/2021 "नधा"रणवष" / Assessment Year :2016-17 Sh. Rajeev Goyal Pr. Commissioner Of Income बनाम M/S R.K. Associates, Tax, Rohtak B.G. Complex Near Ganesh Dharam Kanta, Sirsa -125055, Haryana "थायीलेखासं./Pan No: Aibpg7289A अपीलाथ"/Appellant ""यथ"/Respondent

152, 154 & 157-c-2021 Rajeev Goyal & others 24 worked out to Rs. 2,64,182/-. Further, the assessee had claimed revenue expenses in the Profit & Loss account at Rs. 7,57,238/-. Out of these expenses an amount of Rs. 1,20,000/-, claimed on account of depreciation on furniture and fixtures, were held to be not allowable

SH. PARSHOTAM GOYAL,SIRSA vs. PR.CIT, ROHTAK

The appeal of the assessee is allowed

Bench: Shri Sudhanshu Srivastava & Shri Vikram Singh Yadavआयकरअपीलसं./Ita No.149/Chd/2021 "नधा"रणवष" / Assessment Year :2016-17 Sh. Rajeev Goyal Pr. Commissioner Of Income बनाम M/S R.K. Associates, Tax, Rohtak B.G. Complex Near Ganesh Dharam Kanta, Sirsa -125055, Haryana "थायीलेखासं./Pan No: Aibpg7289A अपीलाथ"/Appellant ""यथ"/Respondent

152, 154 & 157-c-2021 Rajeev Goyal & others 24 worked out to Rs. 2,64,182/-. Further, the assessee had claimed revenue expenses in the Profit & Loss account at Rs. 7,57,238/-. Out of these expenses an amount of Rs. 1,20,000/-, claimed on account of depreciation on furniture and fixtures, were held to be not allowable

PRIYA GOYAL,SIRSA vs. PR.CIT, ROHTAK

The appeal of the assessee is allowed

Bench: Shri Sudhanshu Srivastava & Shri Vikram Singh Yadavआयकरअपीलसं./Ita No.149/Chd/2021 "नधा"रणवष" / Assessment Year :2016-17 Sh. Rajeev Goyal Pr. Commissioner Of Income बनाम M/S R.K. Associates, Tax, Rohtak B.G. Complex Near Ganesh Dharam Kanta, Sirsa -125055, Haryana "थायीलेखासं./Pan No: Aibpg7289A अपीलाथ"/Appellant ""यथ"/Respondent

152, 154 & 157-c-2021 Rajeev Goyal & others 24 worked out to Rs. 2,64,182/-. Further, the assessee had claimed revenue expenses in the Profit & Loss account at Rs. 7,57,238/-. Out of these expenses an amount of Rs. 1,20,000/-, claimed on account of depreciation on furniture and fixtures, were held to be not allowable

SAHIBZADA TIMBER AND PLY PRIVATE LIMITED ,MOHALI vs. DCIT, ACIT CENTRAL CIRCLE-2, CHANDIGARH, CHANDIGARH

In the result, the appeal of the assessee is dismissed

Bench: SHRI. VIKRAM SINGH YADAV, AM आयकर अपील सं./ ITA No. 699/Chd/2024 निर्धारण वर्ष / Assessment Year : 2019-20 M/s Sahibzada Timber & Ply Private Limited B41-42, Phase-3, Indl. Aera, SAS Nagar Mohali, Punjab बनाम The DCIT Central Circle-2 Chandigarh स्थायी लेखा सं./PAN NO: AAQCS2239G अपीलार्थी/Appellant प्रत्यर्थी/Respondent निर्धारिती की ओर से/Assessee by : Shri Mohit Dhiman, C.A राजस्व की ओर से/ Revenue by : Dr. Ranjeet Kaur, Sr. DR Shri Dharam Vir, Addl. CIT, Sr.DR सुनवाई की तारीख/Date of He

depreciation, if any allowed to the assessee after the said date and increased or diminished as the case may be by any adjustment made under clause (fit) of sub-section (2) of Section 10: * * * This section was inserted in the Income Tax Act, 1922 by the Income Tax and Excess Profits Tax (Amendment) Act, 1947 (22 of 1947) which received

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 13(1)(c) is to judge the reasonableness of the payments made to the members of the society and secondly and more importantly, there is no finding of the AO that the society is not working towards the objects of education etc. as defined in its Memorandum and Rules and Regulations. No case of siphoning off of the funds

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 13(1)(c) is to judge the reasonableness of the payments made to the members of the society and secondly and more importantly, there is no finding of the AO that the society is not working towards the objects of education etc. as defined in its Memorandum and Rules and Regulations. No case of siphoning off of the funds

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 13(1)(c) is to judge the reasonableness of the payments made to the members of the society and secondly and more importantly, there is no finding of the AO that the society is not working towards the objects of education etc. as defined in its Memorandum and Rules and Regulations. No case of siphoning off of the funds

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 13(1)(c) is to judge the reasonableness of the payments made to the members of the society and secondly and more importantly, there is no finding of the AO that the society is not working towards the objects of education etc. as defined in its Memorandum and Rules and Regulations. No case of siphoning off of the funds

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 13(1)(c) is to judge the reasonableness of the payments made to the members of the society and secondly and more importantly, there is no finding of the AO that the society is not working towards the objects of education etc. as defined in its Memorandum and Rules and Regulations. No case of siphoning off of the funds

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 13(1)(c) is to judge the reasonableness of the payments made to the members of the society and secondly and more importantly, there is no finding of the AO that the society is not working towards the objects of education etc. as defined in its Memorandum and Rules and Regulations. No case of siphoning off of the funds