M/S AJAY KUMAR SOOD ENGINEERS & CONTRACTORS,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

Section 40A(3) are not attracted to this transaction and hence the addition is hereby directed to be deleted. Regarding the amount of Rs. 21,275/- it was submitted that it was used for purchase of material at the site of Sanjauli for urgent requirement. Owing to the business expediency, the amount involved in the purpose intended we hereby delete

M/S AJAY KUMAR SOOD ENGINEERS & CONTRACTORS,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

Section 40A(3) are not attracted to this transaction and hence the addition is hereby directed to be deleted. Regarding the amount of Rs. 21,275/- it was submitted that it was used for purchase of material at the site of Sanjauli for urgent requirement. Owing to the business expediency, the amount involved in the purpose intended we hereby delete

DCIT, CHANDIGARH vs. M/S AJAY KUMAR SOOD ENGINEERS AND CONTRACTORS, SHIMLA

The appeal of the Revenue is hereby dismissed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

Section 40A(3) are not attracted to this transaction and hence the addition is hereby directed to be deleted. Regarding the amount of Rs. 21,275/- it was submitted that it was used for purchase of material at the site of Sanjauli for urgent requirement. Owing to the business expediency, the amount involved in the purpose intended we hereby delete

M/S AJAY KUMAR SOOD ENGINEERS & CONTRACTORS,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

Section 40A(3) are not attracted to this transaction and hence the addition is hereby directed to be deleted. Regarding the amount of Rs. 21,275/- it was submitted that it was used for purchase of material at the site of Sanjauli for urgent requirement. Owing to the business expediency, the amount involved in the purpose intended we hereby delete

M/S AJAY KUMAR SOOD ENGINEERS & CONTRACTORS,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

Section 40A(3) are not attracted to this transaction and hence the addition is hereby directed to be deleted. Regarding the amount of Rs. 21,275/- it was submitted that it was used for purchase of material at the site of Sanjauli for urgent requirement. Owing to the business expediency, the amount involved in the purpose intended we hereby delete

SH. AJAY GOEL,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

Section 40A(3) are not attracted to this transaction and hence the addition is hereby directed to be deleted. Regarding the amount of Rs. 21,275/- it was submitted that it was used for purchase of material at the site of Sanjauli for urgent requirement. Owing to the business expediency, the amount involved in the purpose intended we hereby delete

M/S AJAY KUMAR SOOD ENGINEERS & CONTRACTORS,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

Section 40A(3) are not attracted to this transaction and hence the addition is hereby directed to be deleted. Regarding the amount of Rs. 21,275/- it was submitted that it was used for purchase of material at the site of Sanjauli for urgent requirement. Owing to the business expediency, the amount involved in the purpose intended we hereby delete

M/S AJAY KUMAR SOOD ENGINEERS & CONTRACTORS,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

Section 40A(3) are not attracted to this transaction and hence the addition is hereby directed to be deleted. Regarding the amount of Rs. 21,275/- it was submitted that it was used for purchase of material at the site of Sanjauli for urgent requirement. Owing to the business expediency, the amount involved in the purpose intended we hereby delete

M/S KAPSONS FASHION PVT. LTD.,CHANDIGARH vs. ACIT, C-2(1), CHANDIGARH

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes

Bench: Smt.Diva Singh & Smt.Annapurna Guptaआयकर अपील सं./ Ita Nos.1014 To 1016/Chd/2017 "नधा"रण वष" / Assessment Years : 2011-12 To 2013-14

40A(3) of the Act calling for disallowance of the same. The order of the Ld.CIT(A) ,upholding the disallowance of Rs.1,28,000/-,accordingly is upheld. The ground of appeal No.7 raised by the assessee dismissed A.Ys. 2011-12 to 2013-14 41. Ground of appeal No.8 raised by the assessee reads as under: “8. On the facts

SH. GURINDER MAKKAR,LUDHIANA vs. DCIT, CC-3, LUDHIANA

In the result, the appeal of the assessee is disposed off in light of aforesaid directions

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

depreciation amounting to Rs. 70,000/- on the building. 5. Notwithstanding, the above said grounds of appeal, the Ld. CIT(Appeals) has wrongly confirmed the order passed u/s 143(3). 6. That the Ld. CIT(A), Ludhiana has erred in confirming the action of the Assessing Officer in invoking the provision of Section 68 of the Income

M/S HEADMASTER SALOON PVT.LTD.,CHANDIGARH vs. DCIT-CIRCLE-1(1), CHANDIGARH

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

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

7% Services 2400000 0 DHI Services Asian 3175630 0 Roots Retails 7694211 4799737 60% Other 1474 9292475 -100% Total Income 90677824 86463970 5% Expenses FY 2013-14 FY 2012-13 Growth Material 9054868 11346209 20% consumed Other direct 17572938 16765132 5% expenses Stock in trade 6669112 2621019 154% Changes in stock -154806 1249482 -112% in trade Total material

A.K.MULTIMETALS PRIVATE LIMITED,MANDI GOBINDGARH vs. ACIT,CIRCLE, MANDI GOBIND GARH

In the result, appeal of the Assessee is allowed

7. The Ld. Counsel for the assessee reiterated the submissions made before the authorities below and further submitted that all the loans taken by the assessee were old loans on which interest was paid at the rate of 12% in the earlier years also, which had been accepted by the department. It was further submitted that the short term loans

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

depreciation on car were disallowed u/s 13(2)(b) of the Act, since the car was being used by the Chairman of Trust. It was held by the Hon'ble IT AT that no incriminating material was found during the course of search that the cars were being used for personal purpose and for allegation of section

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

depreciation on car were disallowed u/s 13(2)(b) of the Act, since the car was being used by the Chairman of Trust. It was held by the Hon'ble IT AT that no incriminating material was found during the course of search that the cars were being used for personal purpose and for allegation of section

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

depreciation on car were disallowed u/s 13(2)(b) of the Act, since the car was being used by the Chairman of Trust. It was held by the Hon'ble IT AT that no incriminating material was found during the course of search that the cars were being used for personal purpose and for allegation of section

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

depreciation on car were disallowed u/s 13(2)(b) of the Act, since the car was being used by the Chairman of Trust. It was held by the Hon'ble IT AT that no incriminating material was found during the course of search that the cars were being used for personal purpose and for allegation of section

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

depreciation on car were disallowed u/s 13(2)(b) of the Act, since the car was being used by the Chairman of Trust. It was held by the Hon'ble IT AT that no incriminating material was found during the course of search that the cars were being used for personal purpose and for allegation of section

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

depreciation on car were disallowed u/s 13(2)(b) of the Act, since the car was being used by the Chairman of Trust. It was held by the Hon'ble IT AT that no incriminating material was found during the course of search that the cars were being used for personal purpose and for allegation of section

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

depreciation on car were disallowed u/s 13(2)(b) of the Act, since the car was being used by the Chairman of Trust. It was held by the Hon'ble IT AT that no incriminating material was found during the course of search that the cars were being used for personal purpose and for allegation of section