DAYAL SINGH,VILL FATEHPUR PO BUREWALA vs. ITO WARD-1, PANCHKULA

In the result, the ground no

Bench: Shri Sanjay Gargआयकर अपील सं./ Ita No. 519/Chd/2024 "नधा"रण वष" / Assessment Year : 2017-18 बनाम Dayal Singh, The Ito, Vill Fatehpur Ward -1, Po Burewala Panchkula Distt.Amabla 134204 "थायी लेखा सं./Pan No: Acdps7697G अपीलाथ"/Appellant ""यथ"/Respondent ( Physical Hearing ) "नधा"रती क" ओर से/Assessee By : Shri Y.R. Saini, Adv. राज"व क" ओर से/ Revenue By : Sh. Vivek Vardhan, Jcit सुनवाई क" तार"ख/Date Of Hearing : 11.11.2024 उदघोषणा क" तार"ख/Date Of Pronouncement : 03.12.2024 आदेश/Order The Present Appeal Has Been Preferred By The Assessee Against The Order Dated 20.03.2024 Passed By The Ld. Addl. / Jcit(A), National Faceless Appeal Centre (Nfac), Delhi, For The Assessment Year 2017-18. 2. The Assess Ee In This Appeal H As Taken Foll Owing Groun Ds Of Appeal: 1 That In The F Acts & Circumstance Of The Case The Id. Addl/Jcit (A)-9 Mumbai Of Cit (A)( Nfac) Has Erred In Law By Placing Reliance On Judgement Of Hon'Ble Apex Court In The Case Of Maji Sinneman Vs Reddy

Section 10(10B) of the IT Act. It was further held by the Hon’ble High court that the yardstick applicable to workmen as defined under the Industrial Disputes Act, cannot be made applicable to the officers. Therefore, under normal circumstances whatever reasoning assigned by this Court in the preceding paragraphs would apply to the employees in the workmen category

DCIT, CIRCLE, YAMUNANAGAR vs. M/S SYMBIOSIS PHARMACEUTICALS PVT. LTD., YAMUNANAGAR

In the result, appeal is dismissed

Bench: The Due Date As Prescribed In Section 139(1) Of The I.T. Act, 1961 Whereas The Assessee Has Filed Its Return Of Income After The Due Date.

disallowance of deduction claimed u/s 80IC, for assessment year 2013-14. 8.3 Finding that the facts for the year under consideration on this issue are exactly in pari materia with those having a reason for assessment year 2013-14, the ld. CIT(A) followed the aforesaid Tribunal order dated 04.10.2017, passed in ITA 501/CHD/2017, in the assessee's own case

NARESH KUMAR KAMBOJ,ZIRAKPUR vs. INCOME TAX OFFICER , PANCHKULA

In the result, the appeal of the assessee is allowed

Bench: Shri Sanjay Garg

Section 10(10B) of the IT Act. It was further held by the Hon’ble High court that the yardstick applicable to workmen as defined under the Industrial Disputes Act, cannot be made applicable to the officers. Therefore, under normal circumstances whatever reasoning assigned by this Court in the preceding paragraphs would apply to the employees in the workmen category

SH. MARTIN EKKA S/O SH. LALSAY EKKA,PANCHKULA vs. ITO, WARD -1, PANCHKULA

In the result, the ground no

Bench: SH. SANJAY GARG (Judicial Member)

Section 10(10B) of the IT Act. It was further held by the Hon’ble High court that the yardstick applicable to workmen as defined under the Industrial Disputes Act, cannot be made applicable to the officers. Therefore, under normal circumstances whatever reasoning assigned by this Court in the preceding paragraphs would apply to the employees in the workmen category

SATINDER PAUL THROUGH L/H NEELAM SAINI,PINJORE vs. INCOME TAX OFFICER, PANCHKULA

In the result, the ground no

Bench: SH. SANJAY GARG (Judicial Member)

Section 10(10B) of the IT Act. It was further held by the Hon’ble High court that the yardstick applicable to workmen as defined under the Industrial Disputes Act, cannot be made applicable to the officers. Therefore, under normal circumstances whatever reasoning assigned by this Court in the preceding paragraphs would apply to the employees in the workmen category

M/S VARDHMAN TEXTILES LTD.,,LUDHIANA vs. ADDL. CIT,, LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

10B. (ii) Head Office Expenses has been allocated to profits/losses earned by the EOU's of the appellant. 7. That the Ld. CIT(A) Was erred in law and on the facts while allocating expenses amounting to Rs.2,00,000/- to exempted dividend income earned by the appellant and disallowing the same under section 14A of Income

M/S VARDHMAN TEXTILES LTD.,LUDHIANA vs. ACIT, LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

10B. (ii) Head Office Expenses has been allocated to profits/losses earned by the EOU's of the appellant. 7. That the Ld. CIT(A) Was erred in law and on the facts while allocating expenses amounting to Rs.2,00,000/- to exempted dividend income earned by the appellant and disallowing the same under section 14A of Income

VARDHMAN TEXTILES LTD.,,LUDHIANA vs. JCIT,, LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

10B. (ii) Head Office Expenses has been allocated to profits/losses earned by the EOU's of the appellant. 7. That the Ld. CIT(A) Was erred in law and on the facts while allocating expenses amounting to Rs.2,00,000/- to exempted dividend income earned by the appellant and disallowing the same under section 14A of Income

ACIT,, LUDHIANA vs. M/S VARDHMAN TEXTILES LTD.,, LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

10B. (ii) Head Office Expenses has been allocated to profits/losses earned by the EOU's of the appellant. 7. That the Ld. CIT(A) Was erred in law and on the facts while allocating expenses amounting to Rs.2,00,000/- to exempted dividend income earned by the appellant and disallowing the same under section 14A of Income

ACIT, LUDHIANA vs. M/S VARDHMAN TEXTILES LTD., LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

10B. (ii) Head Office Expenses has been allocated to profits/losses earned by the EOU's of the appellant. 7. That the Ld. CIT(A) Was erred in law and on the facts while allocating expenses amounting to Rs.2,00,000/- to exempted dividend income earned by the appellant and disallowing the same under section 14A of Income

ACIT,, LUDHIANA vs. M/S VARDHMAN TEXTILES LTD.,, LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

10B. (ii) Head Office Expenses has been allocated to profits/losses earned by the EOU's of the appellant. 7. That the Ld. CIT(A) Was erred in law and on the facts while allocating expenses amounting to Rs.2,00,000/- to exempted dividend income earned by the appellant and disallowing the same under section 14A of Income

VARDHMAN TEXTILE LTD.,LUDHIANA vs. ACIT, LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

10B. (ii) Head Office Expenses has been allocated to profits/losses earned by the EOU's of the appellant. 7. That the Ld. CIT(A) Was erred in law and on the facts while allocating expenses amounting to Rs.2,00,000/- to exempted dividend income earned by the appellant and disallowing the same under section 14A of Income

ACIT, LUDHIANA vs. VARDHMAN TEXTILES LTD., LUDHIANA

In the result appeals of the Assessee and the Revenue are partly allowed

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03

10B. (ii) Head Office Expenses has been allocated to profits/losses earned by the EOU's of the appellant. 7. That the Ld. CIT(A) Was erred in law and on the facts while allocating expenses amounting to Rs.2,00,000/- to exempted dividend income earned by the appellant and disallowing the same under section 14A of Income

CHANDIGARH EDUCATIONAL TRUST,MOHALI vs. PR.CIT-CENTRAL,GURGAON, AT CHANDIGARH

10B under section 12A(b) of the Act and if it is violated, the trust could not be said to be genuinely carrying out its activities. Thus, the requirement of recording of all receipts/expenses in the books is of paramount importance to meet the condition of application of income u/s 11 (1)(a) and in absence of all receipts/expenses being

SHRI GURU RAM DASS EDUCATIONAL SOCIETY,MOHALI vs. PR.CIT(CENTRAL) GURGAON, AT CHANDIGARH

10B under section 12A(b) of the Act and if it is violated, the trust could not be said to be genuinely carrying out its activities. Thus, the requirement of recording of all receipts/expenses in the books is of paramount importance to meet the condition of application of income u/s 11 (1)(a) and in absence of all receipts/expenses being

CHANDIGARH EDUCATIONAL SOCIETY,MOHALI vs. PR.CIT(CENTRAL)-GURGAON, AT CHANDIGARH

10B under section 12A(b) of the Act and if it is violated, the trust could not be said to be genuinely carrying out its activities. Thus, the requirement of recording of all receipts/expenses in the books is of paramount importance to meet the condition of application of income u/s 11 (1)(a) and in absence of all receipts/expenses being

MOONAK WELFARE SOCIETY,SANGRUR vs. ITO, WARD, SUNAM

In the result, we direct the AO to allow the exemption u/s 11 to the assessee society

Bench: The Ld. Cit(A). 3.1 It Was Submitted During The Appellate Proceedings That The Cpc, Bangalore While Processing The Return Of Income Has Disallowed The Exemption On The Ground That Tax Audit Report In Form 10B Should Have Been Filed One Month Prior To The Filing

disallowing its claim of exemption under section 11 of the Act. 4. Against the said findings and directions of the Ld. CIT(A), the assessee is in appeal before us. 5. During the course of hearing, the Ld. AR submitted that though CPC, Bangalore has initially denied the exemption under section 11 on account of fact that Form 10B

ACIT,, LUDHIANA vs. M/S VARDHMAN HOLDINGS LTD.,, LUDHIANA

The appeal of the assessee is partly allowed and the appeal of the Revenue is dismissed

section 10B is identically worded using the term “derived from exports”,the interpretation given to the said term will apply in relation to exemption claimed u/s 10B of the Act also. In view of the above we hold that loss on export traded goods,rent received and R&D subsidy received all are to be excluded for calculating deduction