M/S MAHARAJA LIGHT & TENT SERVICES,LUDHIANA vs. DCIT, CC-1, LUDHIANA

In the result, all the above appeals of different assessees are partly allowed for statistical purposes

246A would not have been provided for by the Legislature against the order of penalty passed u/s 271AAB of the Act. We also note that while enacting Section 271AAB the Legislature has consciously used the word ‘may’ in contradistinction to the word ‘shall’ in the opening words of Section 271AAB of the Act. The choice of the expression

SH RAMESH KUMAR DUDANI,MOHALI vs. DCIT,CIRCLE -6(1), MOHALI

In the result, appeal of the Assessee is allowed

246A(q) is not applicable where request for rectification has been made under Section 154 of the Act. 5. That the appellant reserves the right to add, amend or delete one or more of the grounds of appeal before the appeal is disposed off. 3. Ground No. 2 was not pressed, therefore, the same is dismissed as not pressed

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)

246A of the Act before Ld. CIT(A) and interalia has raised following grounds of appeal in Form No. 35: 1. The Ld. AO has wrongly assessed the total income at Rs. 1657269990/- against the returned income of Rs. 1536565490/- thereby making an addition of Rs. 120704500/-u/s 14A. 2. The Ld. AO has wrongly disallowed

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)

246A of the Act before Ld. CIT(A) and interalia has raised following grounds of appeal in Form No. 35: 1. The Ld. AO has wrongly assessed the total income at Rs. 1657269990/- against the returned income of Rs. 1536565490/- thereby making an addition of Rs. 120704500/-u/s 14A. 2. The Ld. AO has wrongly disallowed

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)

246A of the Act before Ld. CIT(A) and interalia has raised following grounds of appeal in Form No. 35: 1. The Ld. AO has wrongly assessed the total income at Rs. 1657269990/- against the returned income of Rs. 1536565490/- thereby making an addition of Rs. 120704500/-u/s 14A. 2. The Ld. AO has wrongly disallowed

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)

246A of the Act before Ld. CIT(A) and interalia has raised following grounds of appeal in Form No. 35: 1. The Ld. AO has wrongly assessed the total income at Rs. 1657269990/- against the returned income of Rs. 1536565490/- thereby making an addition of Rs. 120704500/-u/s 14A. 2. The Ld. AO has wrongly disallowed

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)

246A of the Act before Ld. CIT(A) and interalia has raised following grounds of appeal in Form No. 35: 1. The Ld. AO has wrongly assessed the total income at Rs. 1657269990/- against the returned income of Rs. 1536565490/- thereby making an addition of Rs. 120704500/-u/s 14A. 2. The Ld. AO has wrongly disallowed

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)

246A of the Act before Ld. CIT(A) and interalia has raised following grounds of appeal in Form No. 35: 1. The Ld. AO has wrongly assessed the total income at Rs. 1657269990/- against the returned income of Rs. 1536565490/- thereby making an addition of Rs. 120704500/-u/s 14A. 2. The Ld. AO has wrongly disallowed

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)

246A of the Act before Ld. CIT(A) and interalia has raised following grounds of appeal in Form No. 35: 1. The Ld. AO has wrongly assessed the total income at Rs. 1657269990/- against the returned income of Rs. 1536565490/- thereby making an addition of Rs. 120704500/-u/s 14A. 2. The Ld. AO has wrongly disallowed

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)

246A of the Act before Ld. CIT(A) and interalia has raised following grounds of appeal in Form No. 35: 1. The Ld. AO has wrongly assessed the total income at Rs. 1657269990/- against the returned income of Rs. 1536565490/- thereby making an addition of Rs. 120704500/-u/s 14A. 2. The Ld. AO has wrongly disallowed

M/S SEL TEXTILES LIMITED,LUDHIANA vs. DCIT, CC-III, LUDHIANA

In the result, theappeal of the assessee stands partly allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकरअपीलसं./Ita No.695/Chd/2018 धििागरणवर्ग / Assessment Year :2014-15 बिाम M/S Sel Textiles Limited, The Dcit, 273-74,G.T. Road, Central Circle-Iii, Dhandari Kalan, Ludhiana Ludhiana स्थायीलेखासं./Pan No: Aancs0401M अपीलाथी/Appellant प्रत्यथी/Respondent धििागररतीकीओरसे/Assessee By : Shri Ashwani Kumar, Ca राजस्वकीओरसे/ Revenue By : Sh. Ram Mohan, Cit Dr सुिवाईकीतारीख/Date Of Hearing : 28.01.2019 उदघोर्णाकीतारीख/Date Of Pronouncement : 18.04.2019 आदेश/Order Per Sanjay Garg:

246A would not have been provided for by the Legislature against the order of penalty passed u/s 271AAB of the Act. We also note that while enacting Section 271AAB the Legislature has consciously used the word ‘may’ in contradistinction to the word ‘shall’ in the opening words of Section 271AAB of the Act. The choice of the expression

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

FARID EDUCATIONAL SOCIAL WELFARE AND CHARITABLE SOCIETY,NEW SHASTRI NAGAR vs. DEPUTY DIRECTOR OF INCOME TAX, CPC, BENGALURU

Bench: This Hon'Ble

246A of the Act and Addl. CIT(A) however has dismissed the appeal by impugned order. 2.8 The Addl. CIT(A) in the impugned order has held as under : “6.1.3 In this regard, the appellant mentioned that the Provisional Registration Number was inadvertently mentioned as ITA 608/CHD/2024 A.Y. 2022-23 4 AAAAAF1283DE20219 as against the correct Provisional Registration Number

JINDAL PADDING PRIVATE LIMITED,VILLAGE MANNPURA, TEHSIL NALAG vs. INCOME TAX OFFICER PARWANO, PARWANO

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

246A and the ld. CIT(A) by impugned order has sustained the order of ld. AO imposing the penalty. 2. The assessee being aggrieved by the impugned order has preferred an appeal before this Tribunal and has raised following grounds of appeal before us : “1. That the order passed under section 250 of the income tax act by the learned

VARDHMAN TEXTILES LTD.,LUDHIANA vs. DCIT, CIRCLE-1, LUDHIANA

Bench: This Tribunal. The Assessee Is Aggrieved By The Order Bearing No. Itba/Apl/S/250/2023-

disallowed by virtue of provision contained in Section 36(1)(va) of the Act which pertained to sum received from employees as contribution to provided Fund, ESI etc. 2.2 That assessee being aggrieved by the aforesaid intimation order dated 27.10.2020 preferred first appeal under Section 246A

SURESH KUMAR YOGINDER KUMAR, TIMBER MARKET 2692-1-2 ,AMBALA CANTT vs. NFAC DELHI JURISDITIONAL OFFICER ITO WARD 4 AMBALA, AMBALA

In the result, appeal of the Assessee is partly allowed

disallowed. A draft assessment order\nwas sent on 15/4/2021 proposing the above addition and to file his reply latest by\n19/4/2021. But it is seen that the assessee has not filed any reply till the date of\nfinalization of the assessment order, hence, it is presumed that the assessee has nothing\nto say in the matter and has agreed

DESH MITTER GAIND,PANCHKULA vs. INCOME TAX OFFICER, WARD-1, PANCHKULA, PANCHKULA, HARYANA

Bench: This Tribunal. The Assessee Is Aggrieved By The Order Of Cit(A) Bearing No. Itba/Nfac/S/250/2023-

disallowances made are discussed as under:- ITA 454/CHD/2023 A.Y. 2011-12 4 From the perusal of sale deed, it was noticed that (i) the assessee had sold a residential property bearing No. 595, Sector 6, Panchkula for a consideration of Rs.2,42.00,000/- whereas the value of stamp duty was assessed by the valuation authority on the value of Rs.3

AL RASHEED CHARITABLE SOCIETY,HARYANA vs. JCIT, EXEMPTIONS, CHANDIGARH

Appeal of the Assessee is allowed for statistical purposes

246A of the Act\nwhich is hereinafter referred to as the “impugned order”. The relevant A.Y\nis 2016-17 and the corresponding previous year period is from 01/04/2015\nto 31/03/2016.\n2.\nFactual Matrix\n2.1\nThe Return of Income for the A.Y.2016-17 was filed by the assessee\non 11.10.2016 at Nil income and the same was processed under section\n143(1