DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

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

disallowance of expenditure incurred which is relatable to tax exempt income even though no tax exempt income under the Act has been

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, , AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

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

disallowance of expenditure incurred which is relatable to tax exempt income even though no tax exempt income under the Act has been

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, LUDHIANA, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

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

disallowance of expenditure incurred which is relatable to tax exempt income even though no tax exempt income under the Act has been

DCIT CIRCLE-4, LUDHIANA, LUDHIANA vs. ROCKMAN INDUSTRIES LTD, LUDHIANA

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

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

disallowance of expenditure incurred which is relatable to tax exempt income even though no tax exempt income under the Act has been

ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-4, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

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

disallowance of expenditure incurred which is relatable to tax exempt income even though no tax exempt income under the Act has been

DY. COMMISSIONER OF INCOME TAX, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, FOCAL POINT

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

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

disallowance of expenditure incurred which is relatable to tax exempt income even though no tax exempt income under the Act has been

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, LUDHIANA, - vs. ROCKMAN INDUSTRIES LTD, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

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

disallowance of expenditure incurred which is relatable to tax exempt income even though no tax exempt income under the Act has been

DCIT-CC-III, LUDHIANA vs. M/S LAXMI ENERGY & FOODS LTD.,, CHANDIGARH

In the result, the appeal of the Revenue is dismissed

Bench: Shri A.D. Jain & Dr Krinwant Sahayआयकर अपील सं./ Ita No. 33/Chd/2021 "नधा"रण वष" / Assessment Year: 2011-12 The Dcit, Vs. M/S Laxmi Energy & Foods बनाम Ltd., Central Circle-Iii, Sco 18-19, Sector 9-D, Ludhiana Ludhiana "थायी लेखा सं./Pan No: Aaacl3147J अपीलाथ"/ Appellant ""यथ"/ Repsondent ( Hybrid Mode ) "नधा"रती क" ओर से/Assessee By : Sh. Sudhir Sehgal, Advocate राज"व क" ओर से/ Revenue By : Shri Rohit Sharma, Cit Dr सुनवाई क" तार"ख/Date Of Hearing : 06.06.2024 उदघोषणा क" तार"ख/Date Of Pronouncement : 10.07.2024 आदेश/Order Per Dr. Krinwant Sahay, A.M.:

disallowance of expenditure incurred which is relatable to tax exempt income even though no tax exempt income under the Act has been

ARYANS EDUCATIONAL AND CHARITABLE TRUST REGD, MOHALI,MOHALI vs. COMMISSIONER OF INCOME TAX, EXEMPTIONS, CHANDIGARH

In the result, appeal is allowed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita No. 1136/Chd/2024 "नधा"रण वष" / Assessment Year: 2025-26 Aryans Educational & The Cit (Exemptions), Charitable Trust, Regd.Mohali Vs Chandigarh, C/O Shri Tej Mohan Singh, Advocate, # 527, Sector 10-D, Chandigarh. "थायी लेखा सं./Pan No: Aabta7550L अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Tej Mohan Singh, Advocate Revenue By : Shri Manav Bansal, Cit Dr Date Of Hearing : 07.08.2025 Date Of Pronouncement : 24.09.2025

exempted trust and no disallowance of registration is called for. These include: If primary objects are charitable, exemption cannot be denied

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1), CHANDIGARH vs. ESSIX BIOSCIENCES LIMITED, MANIMAJRA

In the result, the appeal is dismissed and the

Bench: SHRI A.D.JAIN (Vice President), SHRI KRINWANT SAHAY (Accountant Member)

disallowance of expenditure incurred to earn exempt income cannot exceed the exempted income itself and neither the assessee, nor the Revenue

ACIT, C-4(1), CHANDIGARH vs. THE PUNJAB STATE CO-OP. SUPPLY AND MARKETING FEDERATION LTD., CHANDIGARH

In the result, appeal of the Department is dismissed

disallowance to the extent of exempt income received, without appreciating the fact that there is no such restriction to disallow

DEPUTY COMMISSIONER OF INCOME TAX, CHANDIGARH vs. ESSIX BIOSCIENCES LIMITED, CHANDIGARH

In the result, the appeal filed by the Department is

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

disallowance of expenditure incurred to earn exempt income cannot exceed the exempted income itself and neither the assessee, nor the Revenue

DCIT, C-4(1), CHANDIGARH vs. M/S PUNJAB AGRO INDUSTRIES CORP. LTD., CHANDIGARH

In the result, appeal of the Revenue is hereby dismissed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2013-14

exempt income has to be disallowed and that this disallowance does not depend upon the actual exempt income earned by the assessee

GURUDWARA SHAHEED BABA NIHAL SINGH,JALANDHAR` vs. D.C.I.T, CIRCLE -1 (EXEMPTION), , CHANDIGARH

Bench: Smt.Diva Singh & Smt.Annapurna Guptaआयकर अपील सं./ Ita No.1382/Chd/2018 "नधा"रण वष" / Assessment Year : 2014-15

exemption claimed on the surplus and upholding disallowance of exemption under section 11 only to the extent of diversion when

D.C.I.T, CIRCLE -1 (EXEMPTION), , CHANDIGARH vs. GURUDWARA SHAHEED BABA NIHAL SINGH, JALANDHAR`

Bench: Smt.Diva Singh & Smt.Annapurna Guptaआयकर अपील सं./ Ita No.1382/Chd/2018 "नधा"रण वष" / Assessment Year : 2014-15

exemption claimed on the surplus and upholding disallowance of exemption under section 11 only to the extent of diversion when

DCIT, C-1, LUDHIANA vs. M/S VARDHMAN SPECIAL STEELS LTD., LUDHIANA

In the result, the appeal of the Revenue is dismissed

Bench: Shri Sanjay Garg & Smt. Annapurna Guptadci T M/S Vardhman Special Steels Ltd Circle- 1, Vardhman Premises, Chandigarh Road, Ludhiana Ludhiana Vs. Pan No. – Aadcv4812B Appellant Respondent M/S Vardhman Special Steels Ltd Dci T Vardhman Premises, Chandigarh Road, Circle- 1, Ludhiana Ludhiana Vs. Pan No. – Aadcv4812B Appellant Respondent

disallowance of expenses made u/s 14A of the Act pertaining to those incurred for the purpose of earning exempt income

M/S VARDHMAN SPECIAL STEELS LTD.,LUDHIANA vs. DCIT, C-1, LUDHIANA

In the result, the appeal of the Revenue is dismissed

Bench: Shri Sanjay Garg & Smt. Annapurna Guptadci T M/S Vardhman Special Steels Ltd Circle- 1, Vardhman Premises, Chandigarh Road, Ludhiana Ludhiana Vs. Pan No. – Aadcv4812B Appellant Respondent M/S Vardhman Special Steels Ltd Dci T Vardhman Premises, Chandigarh Road, Circle- 1, Ludhiana Ludhiana Vs. Pan No. – Aadcv4812B Appellant Respondent

disallowance of expenses made u/s 14A of the Act pertaining to those incurred for the purpose of earning exempt income

ITO, WARD, PALAMPUR vs. THE KANGRA CENTRAL COOPERATIVE BANK LIMITED, KANGRA

In the result, appeal of the Department is partly allowed for statistical purposes

Bench: Us Is Filed Under Section 253 Of The Income Tax Act, As Amended From Time To Time. The Respondent Is A Cooperative Bank.

disallowance of expenditure incurred which is relatable to tax exempt income even though no tax exempt income under the Act has been