DCIT, C-1, (E), CHANDIGARH vs. M/S MANAV MANGAL SOCIETY, CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

disallowed by the AO have in fact been found to be actively engaged in rendering their respective services as is proved from the fact that during the course of survey on the assessee and the post survey enquiries, ail these parties have given their statements vis- a- vi s the salary being drawn by them from the Society

DCIT, C-1, (E), CHANDIGARH vs. M/S MANAV MANGAL SOCIETY, CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

disallowed by the AO have in fact been found to be actively engaged in rendering their respective services as is proved from the fact that during the course of survey on the assessee and the post survey enquiries, ail these parties have given their statements vis- a- vi s the salary being drawn by them from the Society

DCIT,CIRCLE-1(EXEMPTION), CHANDIGARH vs. M/S MANAV MANGAL SCHOOL( MANAV MANGAL SOCIETY), CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

disallowed by the AO have in fact been found to be actively engaged in rendering their respective services as is proved from the fact that during the course of survey on the assessee and the post survey enquiries, ail these parties have given their statements vis- a- vi s the salary being drawn by them from the Society

M/S MANAV MANGAL SOCIETY,CHANDIGARH vs. DCIT, C-1, (E), CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

disallowed by the AO have in fact been found to be actively engaged in rendering their respective services as is proved from the fact that during the course of survey on the assessee and the post survey enquiries, ail these parties have given their statements vis- a- vi s the salary being drawn by them from the Society

DCIT, C-1, (E), CHANDIGARH vs. M/S MANAV MANGAL SOCIETY, CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

disallowed by the AO have in fact been found to be actively engaged in rendering their respective services as is proved from the fact that during the course of survey on the assessee and the post survey enquiries, ail these parties have given their statements vis- a- vi s the salary being drawn by them from the Society

DCIT, C-1, (E), CHANDIGARH vs. M/S MANAV MANGAL SOCIETY, CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

disallowed by the AO have in fact been found to be actively engaged in rendering their respective services as is proved from the fact that during the course of survey on the assessee and the post survey enquiries, ail these parties have given their statements vis- a- vi s the salary being drawn by them from the Society

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

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

M/S HERITAGE EDUCATIONAL SOCIETY,CHANDIGARH vs. DCIT, C-1, (E), CHANDIGARH

disallowed and taxed on maximum marginal rate u/s 164(2) of the I.T. Act. 4.1 In response, the assessee submitted as under:- “As regards to query regarding applicability of section 11(1) read with section 13(l)(c) of the Act, we want to state that the assessee society had paid an amount of Rs. 54,00,000/- as salary

M/S HERITAGE EDUCATIONAL SOCIETY,CHANDIGARH vs. DCIT, C-1, (E), CHANDIGARH

disallowed and taxed on maximum marginal rate u/s 164(2) of the I.T. Act. 4.1 In response, the assessee submitted as under:- “As regards to query regarding applicability of section 11(1) read with section 13(l)(c) of the Act, we want to state that the assessee society had paid an amount of Rs. 54,00,000/- as salary

M/S HERITAGE EDUCATIONAL SOCIETY,CHANDIGARH vs. DCIT, C-1, (E), CHANDIGARH

disallowed and taxed on maximum marginal rate u/s 164(2) of the I.T. Act. 4.1 In response, the assessee submitted as under:- “As regards to query regarding applicability of section 11(1) read with section 13(l)(c) of the Act, we want to state that the assessee society had paid an amount of Rs. 54,00,000/- as salary

M/S SHUBHAM COTTON MILLS PVT. LTD.,ELLENABAD vs. DCIT, CIRCLE, SIRSA

In the result appeal of the assessee is allowed

172,85,55,719.52 4865 4 It is submitted that the entire purchases of guar seed are duly recorded in the purchase register placed at pages 196 to 496 of Paper Book and the entire purchases have been accepted by the VAT Department. It is submitted that , finding of the learned Assessing Officer that there is the variation of more

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

3 assessee is contesting that addition made by the Ld. assessing\nofficer treating hostel places provided to college student as business of the\nsociety and text the alleged surplus of Rs.9887873/- as business income of the\nappellant. It was not the case of the revenue that assessee has rented out these\nhostels to the students who are not parted education

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

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

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