M/S HERO CYCLES LTD.,LUDHIANA vs. ACIT, C-V, LUDHIANA

In the result, appeal of the Department is dismissed and the\nappeal of the assessee is allowed

disallowance of Rs. 10,88,438/-. The grounds\nraised by the assessee are accordingly allowed.\n15. In the result, the appeal filed by the assessee is allowed.\"\nc) The Hon'ble Pune ITAT in the case of Kumar Housing Corporation (P)\nLtd vs. ITO (2024) 167 Taxmann.com 259 (Pune - Trib.) also held as\nunder:\n\"20. Since the assessee

KANDI FRIENDS EDUCATIONAL TRUST,ROPAR vs. DEPUTY COMMISSIONER OF INCOME TAX, CHANDIGARH

In the result, both the appeals are allowed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahay

Section itself. If that period is to be excluded, then it has incurred the accumulated fund and no disallowance ought to be made. Even on the principle of consistency, this plea has been accepted by the AO in the assessment year 2012-13 but we fail to understand as to why AO has taken a different stand in these

KANDI FRIENDS EDUCATIONAL TRUST,ROPAR vs. DEPUTY COMMISSION OF INCOME TAX, CL. 1, EXEMPTION, CHANDIGARH

In the result, both the appeals are allowed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahay

Section itself. If that period is to be excluded, then it has incurred the accumulated fund and no disallowance ought to be made. Even on the principle of consistency, this plea has been accepted by the AO in the assessment year 2012-13 but we fail to understand as to why AO has taken a different stand in these

DCIT-CC-III, LUDHIANA vs. M/S SEL TEXTILE LTD, LUDHIANA

In the result, the appeal is allowed

239/- while filing the return and during the assessment vide letter dated 23.03.2016, had information the AO that due to change in legal position with respect to disallowance u/s 14A, there was no amount which fall within the ambit of Section

THE PUNJAB STATE FEDERATION OF COOPERATIVE HOUSE BUILDING SOCIETIES LTD.,CHANDIGARH vs. DCIT, CHANDIGARH

In the result, both the above appeals of the Assessee are dismissed

Bench: the appeal is finally heard.

239/ of the appellant as long term capital gain and treating the same as business income amounting to Rs. 41,10,000/- is bad in law and needs to be set aside. 4. That the order of the Assessing Officer as upheld by the Commissioner of Income Tax (Appeals)-2 Chandigarh disallowing Rs 39,37,774/- being the amount

THE PUNJAB STATE FEDERATION OF COOPERATIVE HOUSE BUILDING SOCIETIES LTD.,CHANDIGARH vs. ACIT, CHANDIGARH

In the result, both the above appeals of the Assessee are dismissed

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

239/ of the appellant as long term capital gain and treating the same as business income amounting to Rs. 41,10,000/- is bad in law and needs to be set aside. 4. That the order of the Assessing Officer as upheld by the Commissioner of Income Tax (Appeals)-2 Chandigarh disallowing Rs 39,37,774/- being the amount

DCIT,CIRCLE-1(EXEMPTION), CHANDIGARH vs. M/S INDO GLOBAL EDUCATION FOUNDATION, KHARAR

In the result, appeal of the Revenue is dismissed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./Ita No. 26/Chd/2020 िनधा"रण वष" / Assessment Year : 2013-14 The Dcit, M/S Indo Global बनाम Circle-1(Exemptions), Education Foundation, Chandigarh Vill. Abhipur, Vs. Sub Tehsil Majra, Tehsil Kharar, Punjab "थायी लेखा सं./Pan No: Aaati2838L अपीलाथ"/Appellant ""यथ"/Respondent

239 ITR 502 (SC) i 1999 Tax Pub (DT) 0051 (SC) Section 11 of the Income-tax Act, 1961 - Charitable or religious trust -Exemption of income from property held under - Assessment years 1968-69 and 1969-70 - Whether benefit of exemption under section 11 could not be denied merely on ground that amount donated by assessee trust was not spent

ACIT-CENTRAL CIRCLE -1, LUDHIANA vs. M/S AARTI INTERNATIONAL LTD., LUDHIANA

The appeal of the Revenue is partly allowed in light of aforesaid directions

Bench: Cit(A)?

disallowances. Further, during the appellate proceedings, the assessee took an additional ground of appeal before the Ld. CIT(A) vide its letter dated 04.10.2016 stating that TUFS subsidy of Rs. 10,39,49,181/- which has been received by the assessee from the Ministry of Textiles is exempt from tax and should be reduced from the assessed income

M/S JINDAL BUILDTECH PVT. LTD.,GURGAON vs. DCIT CIRCLE, PARWANOO

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

Bench: Ms. Annapurna Gupta & Shri Sudhanshu Srivastavaआयकरअपीलसं./Ita No.248/Chd/2020 "नधा"रणवष" / Assessment Year :2016-17 M/S Jindal Buildtechpvt Ltd., The Dcit / Acit, बनाम # 706, Sec-15, Part Ii, Circle, Parwanoo (H.P.) Gurgaon "थायीलेखासं./Pan No: Aabcj 5779R अपीलाथ"/Appellant ""यथ"/Respondent

Section of cases, it could have been selected for scrutiny on the criteria that there was recurring addition in the past, the quantum exceeding Rs. 10 lacs and the issue had either become final in favour of the Revenue or the appeal was pending in this regard. 7. He, thereafter pointed out that the assessee had raised an objection during

AMAN FEED INDUSTRIES,KHANNA vs. DEPUTY COMMISSIONER OF INCOME TAX, CC-1, , LUDHIANA

In the result, appeals of the assessee for A

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita Nos. 1252, 1253,1254,1255/Chd/2024 "नधा"रण वष" / A.Y.: 2015-16, 2017-18, 2018-19,2019-20 M/S Aman Feed Industries, The Dcit, E-2, Focal Point, Vs Central Circle-1, Khanna. Ludhiana. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent आयकर अपील सं./ Ita Nos. 116,181,457/Chd/2025 "नधा"रण वष" / A.Y.: 2017-18, 2018-19, 2019-20 The Dcit, Vs M/S Aman Feed Industries, Central Circle-1, E-2, Focal Point, Ludhiana. Khanna. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Ashwani Kumar, Shri Kulbhushan Goyal & Ms, Deepali Aggarwal, Cas Revenue By : Shri Manav Bansal, Cit Dr Date Of Hearing : 28.07.2025 Date Of Pronouncement : 16.10.2025

Section 145(3) of the Income Tax, 1961. 4. That he was further not justified to arbitrarily uphold the addition of Rs. 3,47,132/- by applying an arbitrary G. P. rate on the alleged bogus purchases of Rs. 47,55,239/- made from M/s Goyal Enterprises u/s 68 of the Income Tax Act, 1961. 5. That he was further

AMAN FEED INDUSTRIES,KHANNA vs. DEPUTY COMMISSIONER OF INCOME TAX, CC-1, , LUDHIANA

In the result, appeals of the assessee for A

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita Nos. 1252, 1253,1254,1255/Chd/2024 "नधा"रण वष" / A.Y.: 2015-16, 2017-18, 2018-19,2019-20 M/S Aman Feed Industries, The Dcit, E-2, Focal Point, Vs Central Circle-1, Khanna. Ludhiana. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent आयकर अपील सं./ Ita Nos. 116,181,457/Chd/2025 "नधा"रण वष" / A.Y.: 2017-18, 2018-19, 2019-20 The Dcit, Vs M/S Aman Feed Industries, Central Circle-1, E-2, Focal Point, Ludhiana. Khanna. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Ashwani Kumar, Shri Kulbhushan Goyal & Ms, Deepali Aggarwal, Cas Revenue By : Shri Manav Bansal, Cit Dr Date Of Hearing : 28.07.2025 Date Of Pronouncement : 16.10.2025

Section 145(3) of the Income Tax, 1961. 4. That he was further not justified to arbitrarily uphold the addition of Rs. 3,47,132/- by applying an arbitrary G. P. rate on the alleged bogus purchases of Rs. 47,55,239/- made from M/s Goyal Enterprises u/s 68 of the Income Tax Act, 1961. 5. That he was further

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1 , LUDHIANA vs. AMAN FEED INDUSTRIES, KHANNA

In the result, appeals of the assessee for A

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita Nos. 1252, 1253,1254,1255/Chd/2024 "नधा"रण वष" / A.Y.: 2015-16, 2017-18, 2018-19,2019-20 M/S Aman Feed Industries, The Dcit, E-2, Focal Point, Vs Central Circle-1, Khanna. Ludhiana. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent आयकर अपील सं./ Ita Nos. 116,181,457/Chd/2025 "नधा"रण वष" / A.Y.: 2017-18, 2018-19, 2019-20 The Dcit, Vs M/S Aman Feed Industries, Central Circle-1, E-2, Focal Point, Ludhiana. Khanna. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Ashwani Kumar, Shri Kulbhushan Goyal & Ms, Deepali Aggarwal, Cas Revenue By : Shri Manav Bansal, Cit Dr Date Of Hearing : 28.07.2025 Date Of Pronouncement : 16.10.2025

Section 145(3) of the Income Tax, 1961. 4. That he was further not justified to arbitrarily uphold the addition of Rs. 3,47,132/- by applying an arbitrary G. P. rate on the alleged bogus purchases of Rs. 47,55,239/- made from M/s Goyal Enterprises u/s 68 of the Income Tax Act, 1961. 5. That he was further

AMAN FEED INDUSTRIES,KHANNA vs. DEPUTY COMMISSIONER OF INCOME TAX, CC-1, , LUDHIANA

In the result, appeals of the assessee for A

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita Nos. 1252, 1253,1254,1255/Chd/2024 "नधा"रण वष" / A.Y.: 2015-16, 2017-18, 2018-19,2019-20 M/S Aman Feed Industries, The Dcit, E-2, Focal Point, Vs Central Circle-1, Khanna. Ludhiana. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent आयकर अपील सं./ Ita Nos. 116,181,457/Chd/2025 "नधा"रण वष" / A.Y.: 2017-18, 2018-19, 2019-20 The Dcit, Vs M/S Aman Feed Industries, Central Circle-1, E-2, Focal Point, Ludhiana. Khanna. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Ashwani Kumar, Shri Kulbhushan Goyal & Ms, Deepali Aggarwal, Cas Revenue By : Shri Manav Bansal, Cit Dr Date Of Hearing : 28.07.2025 Date Of Pronouncement : 16.10.2025

Section 145(3) of the Income Tax, 1961. 4. That he was further not justified to arbitrarily uphold the addition of Rs. 3,47,132/- by applying an arbitrary G. P. rate on the alleged bogus purchases of Rs. 47,55,239/- made from M/s Goyal Enterprises u/s 68 of the Income Tax Act, 1961. 5. That he was further

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, LUDHIANA, LUDHIANA vs. AMAN FEED INDUSTRIES, KHANNA

In the result, appeals of the assessee for A

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita Nos. 1252, 1253,1254,1255/Chd/2024 "नधा"रण वष" / A.Y.: 2015-16, 2017-18, 2018-19,2019-20 M/S Aman Feed Industries, The Dcit, E-2, Focal Point, Vs Central Circle-1, Khanna. Ludhiana. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent आयकर अपील सं./ Ita Nos. 116,181,457/Chd/2025 "नधा"रण वष" / A.Y.: 2017-18, 2018-19, 2019-20 The Dcit, Vs M/S Aman Feed Industries, Central Circle-1, E-2, Focal Point, Ludhiana. Khanna. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Ashwani Kumar, Shri Kulbhushan Goyal & Ms, Deepali Aggarwal, Cas Revenue By : Shri Manav Bansal, Cit Dr Date Of Hearing : 28.07.2025 Date Of Pronouncement : 16.10.2025

Section 145(3) of the Income Tax, 1961. 4. That he was further not justified to arbitrarily uphold the addition of Rs. 3,47,132/- by applying an arbitrary G. P. rate on the alleged bogus purchases of Rs. 47,55,239/- made from M/s Goyal Enterprises u/s 68 of the Income Tax Act, 1961. 5. That he was further

AMAN FEED INDUSTRIES,KHANNA vs. DEPUTY COMMISSIONER OF INCOME TAX, CC-1, LUDHIANA, LUDHIANA

In the result, appeals of the assessee for A

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita Nos. 1252, 1253,1254,1255/Chd/2024 "नधा"रण वष" / A.Y.: 2015-16, 2017-18, 2018-19,2019-20 M/S Aman Feed Industries, The Dcit, E-2, Focal Point, Vs Central Circle-1, Khanna. Ludhiana. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent आयकर अपील सं./ Ita Nos. 116,181,457/Chd/2025 "नधा"रण वष" / A.Y.: 2017-18, 2018-19, 2019-20 The Dcit, Vs M/S Aman Feed Industries, Central Circle-1, E-2, Focal Point, Ludhiana. Khanna. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Ashwani Kumar, Shri Kulbhushan Goyal & Ms, Deepali Aggarwal, Cas Revenue By : Shri Manav Bansal, Cit Dr Date Of Hearing : 28.07.2025 Date Of Pronouncement : 16.10.2025

Section 145(3) of the Income Tax, 1961. 4. That he was further not justified to arbitrarily uphold the addition of Rs. 3,47,132/- by applying an arbitrary G. P. rate on the alleged bogus purchases of Rs. 47,55,239/- made from M/s Goyal Enterprises u/s 68 of the Income Tax Act, 1961. 5. That he was further

DY. COMMISSIONER OF INCOME TAX, CC-1, , LUDHIANA vs. M/S AMAN FEED INDUSTRIES, KHANNA

In the result, appeals of the assessee for A

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita Nos. 1252, 1253,1254,1255/Chd/2024 "नधा"रण वष" / A.Y.: 2015-16, 2017-18, 2018-19,2019-20 M/S Aman Feed Industries, The Dcit, E-2, Focal Point, Vs Central Circle-1, Khanna. Ludhiana. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent आयकर अपील सं./ Ita Nos. 116,181,457/Chd/2025 "नधा"रण वष" / A.Y.: 2017-18, 2018-19, 2019-20 The Dcit, Vs M/S Aman Feed Industries, Central Circle-1, E-2, Focal Point, Ludhiana. Khanna. "थायी लेखा सं./Pan No: Aacfa3624L अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Ashwani Kumar, Shri Kulbhushan Goyal & Ms, Deepali Aggarwal, Cas Revenue By : Shri Manav Bansal, Cit Dr Date Of Hearing : 28.07.2025 Date Of Pronouncement : 16.10.2025

Section 145(3) of the Income Tax, 1961. 4. That he was further not justified to arbitrarily uphold the addition of Rs. 3,47,132/- by applying an arbitrary G. P. rate on the alleged bogus purchases of Rs. 47,55,239/- made from M/s Goyal Enterprises u/s 68 of the Income Tax Act, 1961. 5. That he was further

SH. MAHESH CHUGH,CHANDIGARH vs. PR.CIT-2, CHANDIGARH

In the result, the appeal of the assessee is allowed

239 (Delhi), Director of Income Tax vs. Jyoti Foundation357 ITR 388 (Delhi), PCIT vs. Delhi Airport Merto Express (P.)Ltd. 398 ITR 8 (Delhi) Abhimanyu Gupta vs. Pr. CIT ITA No. 771/Chandi/2017 to support the prayer that the order may be quashed. 6.1. Specific attention was invited to the decision of the Hon'ble Delhi High Court in the case

SH. RAKESH KUMAR SINGLA,LUDHIANA vs. ITO, WARD-6(1), LUDHIANA

In the result, the appeal is allowed

Bench: SHRI A.D.JAIN (Vice President)

disallowing the credit of Rs.3,37,091/- and allowing, instead, refund of only Rs.1,03,070/-, including interest. In response to the intimation issued u/s 143(1), the assessee filed a rectification application on 04.04.2022. This was accepted by the AO and the assessee was issued additional refund of Rs.3,42,150/-, including interest, vide order dated 06.06.2022. Thereafter