EXOTIC REALTORS AND DEVELOPERS,CHANDIGARH vs. PR.CIT-1, CHANDIGARH

In the result, appeal of the assessee is allowed

Bench: SHRI. KRINWANT SAHAY (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

144 read with section 144B of the 21 Income Tax Act dt. 24/03/2023 much before the impugned order dt. 27/03/2023 whereby even under section 147, the return of income of the assessee firm was accepted as it is and no addition / disallowance was made. Since this assessment order under section 147 dt. 24/03/2023 was available; it became part of record

DCIT, C-5, LUDHIANA vs. M/S HERO CYCLES LTD., LUDHIANA

In the result, appeal of the Department is dismissed and the Cross

b) taken by the assessee company are allowed. 10.4 I have considered the observations of the Assessing Officer as made by him in para 3 of the assessment order while making the impugned addition. I have also considered written submissions filed by the assessee company through its learned AR vide letters dated

SBS BIOTECH UNIT II,SIRMOUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX-1, CHANDIGARH

In the result, the appeal of the assessee is allowed

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

B”, CHANDIGARH HEARING THROUGH: HYBRID MODE "ी िव"म "सह यादव, लेखा सद"य एवं "ी परेश म. जोशी, "याियक सद"य BEFORE: SHRI. VIKRAM SINGH YADAV, AM &SHRI. PARESH M. JOSHI, JM आयकर अपील सं./ ITA NO. 413/Chd/2024 िनधा"रण वष" / Assessment Year : 2017-18 बनाम SBS Biotech Unit II The Pr. CIT-1 Nahan road Mauza Rampur Chandigarh Jattan, Kala

DSM SINOCHEM PHARMACEUTICALS INDIA PRIVATE LIMITED,NAWANSHAHR vs. DCIT, CHANDIGARH

In the result, appeal of the assessee is partly allowed

Bench: Shri N.K. Saini, Vice- & Shri Vikas Awasthyआअसं. 253/ चंडीगढ़/2016(िन.व. 2011-12)

1), Room No. 214, Aayakar Bhavan, Sector-17E, Chandigarh. ..... "ितवादी/Respondent अपीलाथ" "ारा/ Appellant by : Sh.K.M Gupta, Adv., Sh. Nishant Gupta, CA & Sh. Anshul Agarwal, CA "ितवादी "ारा/Respondent by : Sh. Vikram Batra, CIT-DR सुनवाई क" ितिथ/ Date of hearing : 25/10/2021 घोषणा क" ितिथ/ Date of pronouncement : 20/01/2022 2 आअसं.253/ चंडीगढ़/2016(िन.व.2011-12) आअसं

M/S DSM SINOCHEM PHARMACEUTICALS INDIA PVT. LTD. ,TOANSA vs. DCIT, C-1(1), CHANDIGARH

In the result, appeal of the assessee is partly allowed

Bench: Shri N.K. Saini, Vice- & Shri Vikas Awasthyआअसं. 253/ चंडीगढ़/2016(िन.व. 2011-12)

1), Room No. 214, Aayakar Bhavan, Sector-17E, Chandigarh. ..... "ितवादी/Respondent अपीलाथ" "ारा/ Appellant by : Sh.K.M Gupta, Adv., Sh. Nishant Gupta, CA & Sh. Anshul Agarwal, CA "ितवादी "ारा/Respondent by : Sh. Vikram Batra, CIT-DR सुनवाई क" ितिथ/ Date of hearing : 25/10/2021 घोषणा क" ितिथ/ Date of pronouncement : 20/01/2022 2 आअसं.253/ चंडीगढ़/2016(िन.व.2011-12) आअसं

ACIT, C-4(1), CHANDIGARH vs. M/S GLAXOSMITHKLINE CONSUMER HEALTHCARE LTD., GURGAON

The appeal stands dismissed

Bench: Hon’Ble Shri Rajpal Yadav & Hon’Ble Shri Manoj Kumar Aggarwal, Am आयकरअपीलसं./ Ita No.1355/Chandi/2018 (िनधा"रण वष" / Assessment Year: 1997-98) Dcit-1(1)(1) M/S Hindustan Unilever Ltd. R.N.579A, 5Th Floor (Legal Successor Of M/S Glaxosmithkline बनाम/ Aaykar Bhawan Consumer Healthcare Ltd.) Vs. Mumbai – 400020 Unilever House, B.D. Swant Marg, Chakala Andheri (East), Mumbai – 400 099 "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aaach-1004-N (अपीलाथ"/Appellant) : (""थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri Rohit Jain (Advocate) & Ms. Somya Jain, Ca – Ld. Ars ""थ"कीओरसे/Respondent By : Shri Rohit Sharma (Cit) A/W Sh. Vivek Vardhan (Addl. Cit) – Ld. Drs सुनवाईकीतारीख/Date Of Hearing : 27-06-2025 घोषणाकीतारीख /Date Of Pronouncement : 18-08-2025 आदेश / O R D E R Manoj Kumar Aggarwal () 1. Aforesaid Appeal By Revenue For Assessment Year (Ay) 1997-98 Arises Out Of An Order Of Learned Commissioner Of Income Tax (Appeals)-2, Chandigarh Dated 02-08-2018 In The Matter Of An Assessment Framed By Ld. Assessing Officer (Ao) U/S 143(3) R.W.S. 254 Of The Act On 31-03-2017. The Revenue Has Filed Revised Form No.36 On 10-09-2024 Which Is On Record. The Grounds Of Appeal Read As Under: -

disallowances made in the regular assessment. The order passed on 31-03-2017 was not an order of regular assessment as envisaged u/s 234D. Accordingly, the interest as charged by Ld. AO was deleted against which the revenue is in further appeal before us. Our findings and Adjudication 4. The short issue that falls for our consideration is to adjudicate

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)

144 Rs. 40,05,038 Domestic Traveling & Convey- Rs. 3,840,407 Rs. 1,104,566 other Foreign Traveling exp-others Rs. 4,770,256 Rs. 1,023,622 TOTAL Rs. 277,90,068 Rs. 113,73,255 2.12 That Ld. AO has observed that this allocation of expenses is not in consonance with the ratio of turnover between

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)

144 Rs. 40,05,038 Domestic Traveling & Convey- Rs. 3,840,407 Rs. 1,104,566 other Foreign Traveling exp-others Rs. 4,770,256 Rs. 1,023,622 TOTAL Rs. 277,90,068 Rs. 113,73,255 2.12 That Ld. AO has observed that this allocation of expenses is not in consonance with the ratio of turnover between

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)

144 Rs. 40,05,038 Domestic Traveling & Convey- Rs. 3,840,407 Rs. 1,104,566 other Foreign Traveling exp-others Rs. 4,770,256 Rs. 1,023,622 TOTAL Rs. 277,90,068 Rs. 113,73,255 2.12 That Ld. AO has observed that this allocation of expenses is not in consonance with the ratio of turnover between

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)

144 Rs. 40,05,038 Domestic Traveling & Convey- Rs. 3,840,407 Rs. 1,104,566 other Foreign Traveling exp-others Rs. 4,770,256 Rs. 1,023,622 TOTAL Rs. 277,90,068 Rs. 113,73,255 2.12 That Ld. AO has observed that this allocation of expenses is not in consonance with the ratio of turnover between

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)

144 Rs. 40,05,038 Domestic Traveling & Convey- Rs. 3,840,407 Rs. 1,104,566 other Foreign Traveling exp-others Rs. 4,770,256 Rs. 1,023,622 TOTAL Rs. 277,90,068 Rs. 113,73,255 2.12 That Ld. AO has observed that this allocation of expenses is not in consonance with the ratio of turnover between

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)

144 Rs. 40,05,038 Domestic Traveling & Convey- Rs. 3,840,407 Rs. 1,104,566 other Foreign Traveling exp-others Rs. 4,770,256 Rs. 1,023,622 TOTAL Rs. 277,90,068 Rs. 113,73,255 2.12 That Ld. AO has observed that this allocation of expenses is not in consonance with the ratio of turnover between

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)

144 Rs. 40,05,038 Domestic Traveling & Convey- Rs. 3,840,407 Rs. 1,104,566 other Foreign Traveling exp-others Rs. 4,770,256 Rs. 1,023,622 TOTAL Rs. 277,90,068 Rs. 113,73,255 2.12 That Ld. AO has observed that this allocation of expenses is not in consonance with the ratio of turnover between

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)

144 Rs. 40,05,038 Domestic Traveling & Convey- Rs. 3,840,407 Rs. 1,104,566 other Foreign Traveling exp-others Rs. 4,770,256 Rs. 1,023,622 TOTAL Rs. 277,90,068 Rs. 113,73,255 2.12 That Ld. AO has observed that this allocation of expenses is not in consonance with the ratio of turnover between

AKM RESORTS,MOHALI vs. ACIT CIRCLE 5(1), CHANDIGARH

Appeal of the assessee is allowed

Bench: This Tribunal. The Assessee

disallowed and also was asked as to why the office should not accept the fact that M/s AKM Resorts willingly wanted to peg their net profit rate at 24.50%. 3.6 The assessee did not reply by the given date of 07/12/2018. Taking into consideration, the earlier reply of the assessee and the further opportunity provided to the assessee which

BANUR BROTHER ,PATIALA vs. ITO-WARD-1, AMBALA

In the result appeal of the assessee is allowed as and by way of remand to Ld

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

b)] of sub section (1)." Penalty proceedings u/s 270A and 272A(1)(d) of the Income Tax Act are also proposed to be initiated. In the interest of natural justice, you are hereby given final opportunity for filling you return of income and reply as on or before date mentioned above. Please note that in case of non compliance

SMT RAMANANDI ANANGPURIA CHARITABLE TRUST,TAGORE PUBLIC SCHOOL, PALWAL vs. DCIT (EXEMPTIONS), CIRCLE 2, CHANDIGARH

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

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. MANOJ KUMAR AGGARWAL (Accountant Member)

B”, CHANDIGARH HEARING THROUGH: VIRTUAL MODE "ी लिलत कुमार, "ाियक सद" एवं "ी मनोज कुमार अ"वाल, लेखा सद" BEFORE: SHRI. LALIET KUMAR, JM & SHRI. MANOJ KUMAR AGGARWAL, AM आयकर अपील सं./ ITA No. 239/Chd/2024 िनधा"रण वष" / Assessment Year : 2016-17 Smt. Ramanandi Anangpuria बनाम The DCIT(Exemptions), Charitable Trust Circle-2, Chandigarh Akul Agarwal and Associates, Plot No. D2/20, Ground

SH. KASHMIR SINGH SANDHA,SIRSA vs. PCIT, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex

DHUNI CHAND HUF,SIRSA vs. PCIT, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex