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

depreciation. 6.5 In view of the peculiar facts and circumstances of the case the addition made by the Assessing Officer is liable to be deleted. 7. Ground No. 6 relates to addition of Rs. 1,72,20,000/- on account of land deal. 7.1 During the search, a sale deed dt. 31/08/2009 entered between the assessee and one Smt. Pavit

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

depreciation. 6.5 In view of the peculiar facts and circumstances of the case the addition made by the Assessing Officer is liable to be deleted. 7. Ground No. 6 relates to addition of Rs. 1,72,20,000/- on account of land deal. 7.1 During the search, a sale deed dt. 31/08/2009 entered between the assessee and one Smt. Pavit

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

depreciation. 6.5 In view of the peculiar facts and circumstances of the case the addition made by the Assessing Officer is liable to be deleted. 7. Ground No. 6 relates to addition of Rs. 1,72,20,000/- on account of land deal. 7.1 During the search, a sale deed dt. 31/08/2009 entered between the assessee and one Smt. Pavit

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

depreciation. 6.5 In view of the peculiar facts and circumstances of the case the addition made by the Assessing Officer is liable to be deleted. 7. Ground No. 6 relates to addition of Rs. 1,72,20,000/- on account of land deal. 7.1 During the search, a sale deed dt. 31/08/2009 entered between the assessee and one Smt. Pavit

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

depreciation. 6.5 In view of the peculiar facts and circumstances of the case the addition made by the Assessing Officer is liable to be deleted. 7. Ground No. 6 relates to addition of Rs. 1,72,20,000/- on account of land deal. 7.1 During the search, a sale deed dt. 31/08/2009 entered between the assessee and one Smt. Pavit

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

depreciation. 6.5 In view of the peculiar facts and circumstances of the case the addition made by the Assessing Officer is liable to be deleted. 7. Ground No. 6 relates to addition of Rs. 1,72,20,000/- on account of land deal. 7.1 During the search, a sale deed dt. 31/08/2009 entered between the assessee and one Smt. Pavit

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

depreciation. 6.5 In view of the peculiar facts and circumstances of the case the addition made by the Assessing Officer is liable to be deleted. 7. Ground No. 6 relates to addition of Rs. 1,72,20,000/- on account of land deal. 7.1 During the search, a sale deed dt. 31/08/2009 entered between the assessee and one Smt. Pavit

SH. AJAY GOEL,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

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

depreciation. 6.5 In view of the peculiar facts and circumstances of the case the addition made by the Assessing Officer is liable to be deleted. 7. Ground No. 6 relates to addition of Rs. 1,72,20,000/- on account of land deal. 7.1 During the search, a sale deed dt. 31/08/2009 entered between the assessee and one Smt. Pavit

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)

Depreciation 7432860 6383927 16% Admin Exp 11420167 9805464 16% Sub Total 57244859 51110514 12% Expenses Total 90386971 83092356 9% PBT 290853 3371614 -91% 1. Sales growth at 5% has yielded only increase in absolute terms by approx Rs. 42 lacs only. Expenses growth for the year is of 9%, resulting in absolute increase by Rs. 73 lacs. Thereby leaving only

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 so claimed is directed to be allowed. 8.17 Now coming to the issue of surrender of Rs 8,00,000/- on account of disallowance u/s 40A(3) of the Act, there is no finding that cash expenditure has been found and which has not been accounted for and in such a situation, we fail to understand

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

9 of the order ,admitting the additional evidences and thereafter restoring the matter back to the AO for verifying the facts of the case and adjudicating the issue afresh in accordance with law. The said decision will squarely apply to the present case also, following which we restore the issue back to the AO to be decided afresh in accordance

M/S GORSI CONSTRUCTIONS PVT. LTD,MANDI vs. DCIT, CIRCLE, MANDI

In the result, the appeal of the assessee is partly

Bench: Shri Sanjay Garg & Ms. Annapurna Guptam/S Gorsi Constructions Vs. The D.C.I.T., Private Limited,, Village Takoli, Mandi P.O. Panarasa, Teh. Autt, (H.P.) Distt. Mandi (H.P.) Pan: Aabcg4994K (Appellant) (Respondent)

9. The action of the CIT(Appeals) in upholding the disallowance made u/s 40A(3) of Rs.1,55,000/- is, therefore, set aside. Ground of appeal No.1 raised by the assessee is, therefore, allowed. 10. Ground of appeal No.2 raised by the assessee reads as under: “2. That the Ld. Commissioner of Income Tax (Appeals) has wrongly confirmed the addition

DCIT, CHANDIGARH vs. M/S KHANDELIA OIL & GENERAL MILLS PVT. LTD., CHANDIGARH

In the result, Appeal of the Revenue and the Cross Appeal of the Assessee are partly allowed for statistical purposes

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumar

depreciation. The Assessing Officer is hereby directed to go through the documents submitted, satisfy himself and allow as per the rules in force and in accordance with the provisions of the Income Tax Act,1961. 8.8 As a result the appeal of the Revenue is dismissed. 9. Ground No. 8 of the Revenue’s Appeal and Ground

KHANDELIA OIL & GENERAL MILLS LTD.,CHANDIGARH vs. ADDL. CIT, CHANDIGARH

In the result, Appeal of the Revenue and the Cross Appeal of the Assessee are partly allowed for statistical purposes

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumar

depreciation. The Assessing Officer is hereby directed to go through the documents submitted, satisfy himself and allow as per the rules in force and in accordance with the provisions of the Income Tax Act,1961. 8.8 As a result the appeal of the Revenue is dismissed. 9. Ground No. 8 of the Revenue’s Appeal and Ground

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

In the result, appeal of the Assessee is allowed

9. We have considered the rival submissions of both the parties and perused the material available on record. It is noticed that the assessee paid the interest to the relatives and family members of the directors @ 12%. In the preceding years also the interest was paid at the same rate, which had been accepted by the department while framing

ACIT, LUDHIANA vs. M/S PUBLIC CLOTHING (P) LTD., NEW DELHI

In the result, the appeal of the Revenue as well as cross objections of

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita No. 1018/Chd/2016 "नधा"रण वष" / Assessment Year : 2010-11 The Acit, M/S Public Clothing (P) Ltd., बनाम Circle-7, F-155, Sainik Farm, Ludhiana New Delhi "थायी लेखा सं./Pan No: Aaccp4429P अपीलाथ"/Appellant ""यथ"/Respondent

section 40A(3) was to check the unaccounted / non-genuine payments, he accordingly deleted the impugned disallowance. 4. Before us, the Ld. DR has submitted that the judgement arrived at in the case of Jurisdictional High Court in ‘Gurdas Garg vs CIT’ (supra) has now been recalled by the Hon'ble High Court and the matter has been fixed

KATIANI EDUCATION SOCIETY,KULLU vs. DCIT, MANDI

In the result, the appeals of the assessee in ITA Nos

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

40A(3) of the Act on account of payments made more than the prescribed limit by cash on a single day. 23. The Ld. counsel, in this respect, has submitted that this issue was specifically raised through grounds of appeal before the Ld. CIT(A). However, Ld. CIT(A) has failed to adjudicate on the same. The Ld. counsel

KATIANI EDUCATION SOCIETY,KULLU vs. DCIT, MANDI

In the result, the appeals of the assessee in ITA Nos

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

40A(3) of the Act on account of payments made more than the prescribed limit by cash on a single day. 23. The Ld. counsel, in this respect, has submitted that this issue was specifically raised through grounds of appeal before the Ld. CIT(A). However, Ld. CIT(A) has failed to adjudicate on the same. The Ld. counsel

ITO, WARD-6(1), MOHALI vs. QUARKCITY INDIA PVT. LTD., MPHALI

In the result, the appeal filed by the Revenue is dismissed

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

40A, Industrial Focal Point, Phase VIII Extn. Mohali-160059 "ायी लेखा सं./PAN NO: AAACQ1134G अपीलाथ"/Appellant ""थ"/Respondent (VIRTUAL HEARING) िनधा"रती की ओर से/Assessee by : Shri Vineet Thakral Advocate And Shri Raman Aggarwal, C.A राज" की ओर से/ Revenue by : Smt. Kusum Bansal, CIT DR सुनवाई की तारीख/Date of Hearing : 12/02/2025 उदघोषणा की तारीख/Date