HARYANA STATE WAREHOUSING CORPORATION,PANCHKULA vs. ACIT, CIRCLE, PANCHKULA

In the result, Revenue’s appeal is dismissed whereas, the appeal filed by the Assessee is allowed for statistical purposes

Bench: SHRI LALIT KUMAR, NYAYIK Sadasy, SHRI MANOJ KUMAR AGGARWAL (Accountant Member)

172/- on account of interest on work-in-progress. 3. The Ld. CIT(A) deleted the disallowances made u/s 35AD and prior period expenses, but sustained the disallowance of interest on WIP. Aggrieved, the Revenue has come up in appeal raising grounds that the CIT(A) erred in law in holding that the assessee satisfied the conditions of section

RADIANT TEXTILES PRIVATE LIMITED,PATIALA vs. ACIT, CIRCLE, PATIALA, PATIALA

In the result, the appeal stands dismissed

Bench: Hon’Ble Shri Rajpal Yadav & Hon’Ble Shri Manoj Kumar Aggarwal, Am आयकर अपील सं./ Ita No.444/Chandi/2025 (िनधा"रण वष" / Assessment Year: 2019-20) M/S Radiant Textiles Pvt. Ltd. Acit Circle Patiala बनाम/ Village Chounth, Patiala Road Aaykar Bhawan Vs. Samana-147101 Patiala 147001 "ायीलेखासं./जीआइआरसं./Pan/Gir No. Aadcr-1175-R (अपीलाथ"/Appellant) (""थ" / Respondent) : अपीलाथ"कीओरसे/ Appellant By : Shri Parikshit Aggarwal (Ca) – Ld. Ar ""थ"कीओरसे/Respondent By : Smt. Kusum Bansal (Cit) – Ld. Dr सुनवाईकीतारीख/Date Of Hearing : 10-09-2025 घोषणाकीतारीख /Date Of Pronouncement : 14/10/2025 आदेश / O R D E R Manoj Kumar Aggarwal () 1. Aforesaid Appeal By Assessee For Assessment Year (Ay) 2019-20 Arises Out Of An Order Of Learned Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi [Cit(A)] Dated 13-02-2025 In The Matter Of A Rectification Order Passed By Ld. Assessing Officer [Ao] U/S. 154 Of The Act On 28-11-2023. The Only Grievance Of The Assessee Is Application Of Correct Rates Of Taxes.

172 - COMMISSIONER OF SALES TAX v. INDIAN ALUMINIUM CABLES LTD., holding that where the excise duty was refunded to the manufacturer under a Central Government Scheme for granting assistance to exporters, the refund had no causal relationship with the sale and hence, it was not to be included in the taxable turnover. Thus when the claim was not the result

THE PUNJAB STATE CO-OPERATIVE HOUSE BUILDING FEDERATION LTD.,CHANDIGARH vs. DCIT/ACIT, CIRCLE-1(1), CHANDIGARH

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

Bench: Shri A.D. Jain & Shri Krinwant Sahayआयकर अपील सं./ Ita No. 136/Chd/2023 "नधा"रण वष" / Assessment Year : 2014-15 The Punjab State Co-Op. Vs. The Dcit / Acit, बनाम Circle 1(1), House Building Federation Chandigarh Ltd. Sco 150-152, Sector 34A Chandigarh "थायी लेखा सं./Pan No: Aaaat0759L अपीलाथ"/ Appellant ""यथ"/ Repsondent

section 57(iii) is bad in law and needs to be set aside. 3. The Ld. CIT(A) has erred not to consider the allocation of interest paid to bank as the amount was advanced from funds taken from banks. 4. The Assessing Officer and Ld. ClT (Appeals) has erred in law to disallow the claim

THE PUNJAB STATE CO-OPERATIVE HOUSE BUILDING FEDERATION LTD.,CHANDIGARH vs. DCIT/ACIT, CIRCLE-1(1), CHANDIGARH

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

Bench: Shri A.D. Jain & Shri Krinwant Sahayआयकर अपील सं./ Ita No. 136/Chd/2023 "नधा"रण वष" / Assessment Year : 2014-15 The Punjab State Co-Op. Vs. The Dcit / Acit, बनाम Circle 1(1), House Building Federation Chandigarh Ltd. Sco 150-152, Sector 34A Chandigarh "थायी लेखा सं./Pan No: Aaaat0759L अपीलाथ"/ Appellant ""यथ"/ Repsondent

section 57(iii) is bad in law and needs to be set aside. 3. The Ld. CIT(A) has erred not to consider the allocation of interest paid to bank as the amount was advanced from funds taken from banks. 4. The Assessing Officer and Ld. ClT (Appeals) has erred in law to disallow the claim

J. K. EDUCATIONAL SOCIETY,JAMMU vs. DCIT, CIRCLE-1, CHANDIGARH

In the result, the appeal of the assessee is partly allowed

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

172 to 180] 2014-15 16,47,360/- 25,00,000/- 41,47,360/- Accepted and tax was charged u/s 164(2) 2015-16 19,00,800/- 25,00,000/- 44,00,800/- Accepted and tax was charged u/s 164(2) 6.5 It was further submitted that the provisions of section 13(l)(c) r.w.s

J.K. EDUCATIONAL SOCIETY,JAMMU & KASHMIR vs. DCIT (EXEMPTION)-CIRCLE-1,, CHANDIGARH

In the result, the appeal of the assessee is partly allowed

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

172 to 180] 2014-15 16,47,360/- 25,00,000/- 41,47,360/- Accepted and tax was charged u/s 164(2) 2015-16 19,00,800/- 25,00,000/- 44,00,800/- Accepted and tax was charged u/s 164(2) 6.5 It was further submitted that the provisions of section 13(l)(c) r.w.s

J.K.EDUCATIONAL SOCIETY,JAMMU vs. INCOME TAX OFFICER (EXEMPTION), CHANDIGARH

In the result, the appeal of the assessee is partly allowed

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

172 to 180] 2014-15 16,47,360/- 25,00,000/- 41,47,360/- Accepted and tax was charged u/s 164(2) 2015-16 19,00,800/- 25,00,000/- 44,00,800/- Accepted and tax was charged u/s 164(2) 6.5 It was further submitted that the provisions of section 13(l)(c) r.w.s

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)

section 144 and assessed total income at Rs.3,57,13,220/-. 2.1 The Assessing Officer noted that the assessee had shown unsecured loans aggregating to Rs . 4,79,20,000/- as on 31.03.2016, compared to Rs. 2 1,71,86,550/- as on 31.03.2015. The difference of Rs 3,07,33,450/- was treated as unexplained and added to income

CT EDUCATIONAL SOCIETY,JALANDHAR vs. DCIT, CHANDIGARH

In the result, the appeal filed by the Assessee is Partly Allowed for\nStatistical Purposes as per the directions above

disallowance\non account of assessee's activity which amounted a business as per proviso to s.\n2(15) and thus, assessee was not entitled for exemption u/s 11(4A)—AO also\ndisallowed assessee's claim on account of depreciation—No relief was granted\nby CIT(A)-Held, it was not Revenue's case that transport facility was also\nprovided

BHAGWATI STEEL PROCESSORS,CHANDIGARH vs. PCIT, CHANDIGARH

In the result, the appeal of the Assessee is allowed

172–175). The Assessing Officer\nraised specific queries during the assessment (PB Page No. 99) and the\nassessee duly responded to the same (PB Page No. 101). The issue also\nformed part of the AO's show-cause notice dated 07.12.2022 (PB Page No.\n138) and has been discussed in the assessment order (PB Page No. 147).\nHence, the allegation

SMT. TEENA GARG,CHANDIGARH vs. PCIT, PANCHKULA

In the result, appeal of the assessee is allowed

disallowed.\n\nThe AO erred in not taking cognizance of the facts mentioned in the\nreport of the Investigation Wing. The amount of Rs.30,41,724/- was\nomitted to be assessed as income of the assessee from unexplained\nsources though the proceedings u/s 148 had been initiated on this\nvery ground. It is not a case of inadequate enquiry

M/S ASHA TECHNOLOGIES,SIRMOUR vs. ADDL. CIT, SOLAN

In the result, both the above appeals of the Assessee are partly allowed as aforesaid in respect of impugned orders dt

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

172/- on 24.06.2006, Rs. 16,032/- on 1.07.2006 and Rs. 6,610/- on 2.07.2006. On the other hand in regular books of account provided, during assessment proceedings, these cash payments are reflected on 15.03.2007, 14.03.2007, 2.02.2007 and on 6.02.2007 respectively. It means cash was paid from undisclosed sources which were later written in the regular books as per the convenience

M/S ASHA TECHNOLOGIES,KALA AMB vs. ITO, SIRMOUR

In the result, both the above appeals of the Assessee are partly allowed as aforesaid in respect of impugned orders dt

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

172/- on 24.06.2006, Rs. 16,032/- on 1.07.2006 and Rs. 6,610/- on 2.07.2006. On the other hand in regular books of account provided, during assessment proceedings, these cash payments are reflected on 15.03.2007, 14.03.2007, 2.02.2007 and on 6.02.2007 respectively. It means cash was paid from undisclosed sources which were later written in the regular books as per the convenience

DCIT,CIRCLE-I, LUDHIANA, LUDHIANA vs. ADINATH TEXTILES LIMITED, LUDHIANA

In the result both the appeal filed by the Revenue and Cross objection filed by the Assessee are dismissed

Bench: the appeal is finally heard or disposed off.

172 pages and relied upon the following documents:- Sr. Name of party List of documents Pg. No. No  Copy of confirmation from party along with complete 61-78 financial statements.  Copy of ledger account of party in the books of 79 M/s Growfast Realtors assessee. 1. Pvt. Ltd.  Copy of relevant extract of bank statement highlighting 80-81 the relevant