M/S INFRASTRUCTURE DEVELOPMENT FUND,CHANDIGARH vs. DCIT, (EXEMPTIONS), C-2, CHANDIGARH

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकरअपीलसं./Ita No. 644 & 645/Chd/2018 "नधा"रणवष" / Assessment Year: 2009-10 & 2014-15 Infrastructure Development Deputy Commissioner Of Income Tax बनाम Fund (Exemptions) Circle-2, Sco-71-17 Sector-17C Chandigarh Chandigarh "थायीलेखासं./Pan No: Aaal10136K अपीलाथ"/Appellant ""यथ"/Respondent आयकरअपीलसं./Ita No. 528 /Chd/2017 "नधा"रणवष" / Assessment Year: 2013-14 Infrastructure Development Acit, बनाम Fund Circle-2 (Exemptions), Sco-71-17 Sector-17C Chandigarh Chandigarh "थायीलेखासं./Pan No: Aaal10136K अपीलाथ"/Appellant ""यथ"/Respondent "नधा"रती क" ओर से/Assessee By : Shri A. K. Jindal, Ca, Smt. Ratan Kaur & Shri Parikshit Aggarwal, Ca राज"व क" ओर से/ Revenue By : Shri Chandrajeet Singh, Cit(Dr) Smt. C. Chandrakanta, Cit-Dr सुनवाई क" तार"ख/Date Of Hearing : 05.03.2020 उदघोषणा क" तार"ख/Date Of Pronouncement : 31/07/2020

disallowance of accumulation of income claimed under section 11(2) of the I.T. Act which is highly unjustified and uncalled for. 2. A) That the ld. CIT(A) has erred in law and facts of the case in upholding the non acceptance of Form No. 10 submitted during the course ITA No. 644 & 645/Chd/2018-& 528/2017 Infrastructure Development Fund, Chandigarh

M/S INFRASTRUCTURE DEVELOPMENT FUND,CHANDIGARH vs. ACIT (EXEMPTIONS), CHANDIGARH

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकरअपीलसं./Ita No. 644 & 645/Chd/2018 "नधा"रणवष" / Assessment Year: 2009-10 & 2014-15 Infrastructure Development Deputy Commissioner Of Income Tax बनाम Fund (Exemptions) Circle-2, Sco-71-17 Sector-17C Chandigarh Chandigarh "थायीलेखासं./Pan No: Aaal10136K अपीलाथ"/Appellant ""यथ"/Respondent आयकरअपीलसं./Ita No. 528 /Chd/2017 "नधा"रणवष" / Assessment Year: 2013-14 Infrastructure Development Acit, बनाम Fund Circle-2 (Exemptions), Sco-71-17 Sector-17C Chandigarh Chandigarh "थायीलेखासं./Pan No: Aaal10136K अपीलाथ"/Appellant ""यथ"/Respondent "नधा"रती क" ओर से/Assessee By : Shri A. K. Jindal, Ca, Smt. Ratan Kaur & Shri Parikshit Aggarwal, Ca राज"व क" ओर से/ Revenue By : Shri Chandrajeet Singh, Cit(Dr) Smt. C. Chandrakanta, Cit-Dr सुनवाई क" तार"ख/Date Of Hearing : 05.03.2020 उदघोषणा क" तार"ख/Date Of Pronouncement : 31/07/2020

disallowance of accumulation of income claimed under section 11(2) of the I.T. Act which is highly unjustified and uncalled for. 2. A) That the ld. CIT(A) has erred in law and facts of the case in upholding the non acceptance of Form No. 10 submitted during the course ITA No. 644 & 645/Chd/2018-& 528/2017 Infrastructure Development Fund, Chandigarh

INDIAN HERBS SPECIALITIES,SAHARANPUR vs. DCIT, CHANDIGARH

In the result, both the appeals of the assessee, therefore, stands

Bench: Shri Sanjay Garg& Ms. Annapurna Gupta

disallowing the claim of deduction @ 100% us 80IC of the Income-tax Act, 1961 (in short 'the Act') on account of substantial expansion of the Unit. 6. During the course of hearing before us, it was brought to our notice that the issue involved in these appeals has already been adjudicated by the Hon’ble Himachal Pradesh High Court vide

INDIAN HERBS SPECIALITIES,SAHARANPUR vs. DCIT, CHANDIGARH

In the result, both the appeals of the assessee, therefore, stands

Bench: Shri Sanjay Garg& Ms. Annapurna Gupta

disallowing the claim of deduction @ 100% us 80IC of the Income-tax Act, 1961 (in short 'the Act') on account of substantial expansion of the Unit. 6. During the course of hearing before us, it was brought to our notice that the issue involved in these appeals has already been adjudicated by the Hon’ble Himachal Pradesh High Court vide

THE HABROL COOPERATIVE AGRICULTURAL SERVICE SOCIETY LIMITED,LAGRU vs. ITO DHARAMSHALA, DHARAMSHALA

In the result, the appeal is allowed

Bench: Shri A.D. Jain & Shri Krinwant Sahayआयकर अपील सं./ Ita No. 158/Chd/2024 "नधा"रण वष" / Assessment Year : 2018-19 The Habrol Cooperative Vs. The Ito, बनाम Dharamshala Agricultural Service Society Limited, Vill. Lagru Khundian Distt.Kangra Hp 176031 "थायी लेखा सं./Pan No: Aadat1205A अपीलाथ"/ Appellant ""यथ"/ Repsondent ( Physical Hering ) "नधा"रती क" ओर से/Assessee By : Shri Sudhir Sehgal, Advocate राज"व क" ओर से/ Revenue By : Dr. Ranjit Kaur, Addl. Cit, Sr.Dr सुनवाई क" तार"ख/Date Of Hearing : 08.08.2024 उदघोषणा क" तार"ख/Date Of Pronouncement : 26.09.2024 आदेश/Order Per Krinwant Sahay, A.M.:

disallowing deduction under chapter VI -A in respect of section 80P of the Income Tax Act 1961, as assessee is providing banking /credit facilities to its members and covered u/s sec 80P (2)(a)(1) without considering the facts of the case which is highly arbitrary, illegal, unwarranted & uncalled for. 3) That the assessee has filed rectification but same

ACIT, C-7, LUDHIANA vs. M/S CEIGALL INDIA LTD., LUDHIANA

In the result appeal of the Department is partly allowed for statistical purposes and the Cross Objection of the assessee is dismissed

Bench: The Appeal Is Finally Heard Or Disposed Off.

disallowance is warranted in the hands of assessee. " Thus, no separate addition ofRs. 84,19,383/- is not sustainable otherwise, when the books of accounts have been rejected and net profit rate has been applied by the Assessing Officer. This amounts to doubt addition and, as such, the said addition is not sustainable. 23.1 The aforesaid submissions of the assessee

RAJESHWAR SHARMA,MOHALI vs. ITO, W-6(2), MOHALI

The appeal of the assessee stands partly allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita No. 870/Chd/2018 "नधा"रण वष" / Assessment Year : 2014-15 Sh. Rajeshwar Sharma, The I.T.O., बनाम Ward 6(2), House No.584, Sectro 59, Mohali Phase-4, Mohali "थायी लेखा सं./Pan No: Amdps4641Q अपीलाथ"/Appellant ""यथ"/Respondent Appeal Against The Order Of Cit(A)-2, Chandigarh Dated 28.3.2018

disallowed the same for different reasons. 7. In appeal, so far as the observation of the Assessing officer that the benefit of section 10(10-A) of the Act was not available to the assessee, the Ld. CIT(A) held that as per the provisions of section 10(10A

KARAN PAL SINGH,MOHALI vs. ITO, W-6(2), MOHALI

The appeal of the assessee stands partly allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita No. 870/Chd/2018 "नधा"रण वष" / Assessment Year : 2014-15 Sh. Rajeshwar Sharma, The I.T.O., बनाम Ward 6(2), House No.584, Sectro 59, Mohali Phase-4, Mohali "थायी लेखा सं./Pan No: Amdps4641Q अपीलाथ"/Appellant ""यथ"/Respondent Appeal Against The Order Of Cit(A)-2, Chandigarh Dated 28.3.2018

disallowed the same for different reasons. 7. In appeal, so far as the observation of the Assessing officer that the benefit of section 10(10-A) of the Act was not available to the assessee, the Ld. CIT(A) held that as per the provisions of section 10(10A

DHARAM SINGH RAWAT,MOHALI vs. ITO, W-6(3), MOHALI

The appeal of the assessee stands partly allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita No. 870/Chd/2018 "नधा"रण वष" / Assessment Year : 2014-15 Sh. Rajeshwar Sharma, The I.T.O., बनाम Ward 6(2), House No.584, Sectro 59, Mohali Phase-4, Mohali "थायी लेखा सं./Pan No: Amdps4641Q अपीलाथ"/Appellant ""यथ"/Respondent Appeal Against The Order Of Cit(A)-2, Chandigarh Dated 28.3.2018

disallowed the same for different reasons. 7. In appeal, so far as the observation of the Assessing officer that the benefit of section 10(10-A) of the Act was not available to the assessee, the Ld. CIT(A) held that as per the provisions of section 10(10A

ITO, CIRCLE, PARWANOO vs. M/S GLOBE PRECISION INDUSTRIES PVT. LTD., BADDI

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2012-13

10A or 10B of the Act [Section 80- IB(5)].” 5. Ld. DR fairly admitted that the issue is squarely covered by the above decision of the Hon'ble jurisdictional High Court. It was, however, submitted that the issue be restored to the file of the Assessing officer for verification as to whether the assessees have actually carried

ITO, CIRCLE, PARWANOO vs. M/S GLOBE PRECISION INDUSTRIES PVT. LTD., BADDI

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2012-13

10A or 10B of the Act [Section 80- IB(5)].” 5. Ld. DR fairly admitted that the issue is squarely covered by the above decision of the Hon'ble jurisdictional High Court. It was, however, submitted that the issue be restored to the file of the Assessing officer for verification as to whether the assessees have actually carried

M/S GLOBE PRECISION INDUSTRIES PVT. LTD.,SOLAN vs. DCIT, PARWANOO

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2012-13

10A or 10B of the Act [Section 80- IB(5)].” 5. Ld. DR fairly admitted that the issue is squarely covered by the above decision of the Hon'ble jurisdictional High Court. It was, however, submitted that the issue be restored to the file of the Assessing officer for verification as to whether the assessees have actually carried

M/S GLOBE PRECISION INDUSTRIES PVT. LTD.,SOLAN vs. DCIT, PARWANOO

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2012-13

10A or 10B of the Act [Section 80- IB(5)].” 5. Ld. DR fairly admitted that the issue is squarely covered by the above decision of the Hon'ble jurisdictional High Court. It was, however, submitted that the issue be restored to the file of the Assessing officer for verification as to whether the assessees have actually carried

M/S HIMACHAL HITECH,BADDI vs. ITO, BADDI

In the result, the captioned appeals stands allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2014-15

disallowing the claim of deduction @ 100% us 80IC of the Income-tax Act, 1961 (in short 'the Act') on account of substantial expansion of the Unit. 4. During the course of hearing before us, it was brought to our notice that the issue involved in these appeals has already been adjudicated by the Hon’ble Himachal Pradesh High Court vide

M/S UPS INVERTOR.COM,PARWANOO vs. DCIT, CIRCLE , PARWANOO

In the result, the captioned appeals stands allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2014-15

disallowing the claim of deduction @ 100% us 80IC of the Income-tax Act, 1961 (in short 'the Act') on account of substantial expansion of the Unit. 4. During the course of hearing before us, it was brought to our notice that the issue involved in these appeals has already been adjudicated by the Hon’ble Himachal Pradesh High Court vide

M/S ISKON REMEDIES,KALA AMB vs. DCIT, SHIMLA

In the result, the captioned appeals stands allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2014-15

disallowing the claim of deduction @ 100% us 80IC of the Income-tax Act, 1961 (in short 'the Act') on account of substantial expansion of the Unit. 4. During the course of hearing before us, it was brought to our notice that the issue involved in these appeals has already been adjudicated by the Hon’ble Himachal Pradesh High Court vide

M/S DIGITAL VISION,OGLI vs. ITO, NAHAN

In the result, the appeals of the assessee, therefore, stands

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2014-15

disallowing the claim of deduction @ 100% us 80IC of the Income-tax Act, 1961 (in short 'the Act') on account of substantial expansion of the Units. 4. During the course of hearing before us, it was brought to our notice that the issue involved in these appeals has already been adjudicated by the Hon’ble Himachal Pradesh High Court vide

M/S SHREE BALAJI ENTERPRISES,BADDI vs. ITO, BADDI

In the result, the appeals of the assessee, therefore, stands

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2014-15

disallowing the claim of deduction @ 100% us 80IC of the Income-tax Act, 1961 (in short 'the Act') on account of substantial expansion of the Unit. 4. During the course of hearing before us, it was brought to our notice that the issue involved in these appeals has already been adjudicated by the Hon’ble Himachal Pradesh High Court vide

M/S ZENITH INTERNATIONAL,SOLAN vs. DCIT, CIRCLE , PARWANOO

In the result, the appeals of the assessee, therefore, stands

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaassessment Year: 2014-15

disallowing the claim of deduction @ 100% us 80IC of the Income-tax Act, 1961 (in short 'the Act') on account of substantial expansion of the Unit. 4. During the course of hearing before us, it was brought to our notice that the issue involved in these appeals has already been adjudicated by the Hon’ble Himachal Pradesh High Court vide