ASSTT.COMMISSIONER OF INCOME TAX, LUDHIANA vs. M/S MRS.BECTORS FOOD SPECILTIES LTD, LUDHIANA

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

section 14A of the Income-tax Act, 1961, by simply relying on the submissions of the assessee and not by giving any independent findings? 2. Whether upon facts and circumstances of the case, the Ld. CIT(A) was justified in deleting the disallowance of Rs. 29,43,718/- u/s 80IC of Income Tax Act, 1961 on job work charges

ASSTT.COMMISSIONER OF INCOME TAX, LUDHIANA vs. M/S MRS.BECTORS FOOD SPECILTIES LTD, LUDHIANA

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

section 14A of the Income-tax Act, 1961, by simply relying on the submissions of the assessee and not by giving any independent findings? 2. Whether upon facts and circumstances of the case, the Ld. CIT(A) was justified in deleting the disallowance of Rs. 29,43,718/- u/s 80IC of Income Tax Act, 1961 on job work charges

ACIT, LUDHIANA vs. M/S MRS. BECTORS FOOD SPECIALTIES PVT. LTD., LUDHIANA

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

section 14A of the Income-tax Act, 1961, by simply relying on the submissions of the assessee and not by giving any independent findings? 2. Whether upon facts and circumstances of the case, the Ld. CIT(A) was justified in deleting the disallowance of Rs. 29,43,718/- u/s 80IC of Income Tax Act, 1961 on job work charges

ASSTT.COMMISSIONER OF INCOME TAX, LUDHIANA vs. M/S MRS.BECTORS FOOD SPECILTIES LTD, LUDHIANA

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

section 14A of the Income-tax Act, 1961, by simply relying on the submissions of the assessee and not by giving any independent findings? 2. Whether upon facts and circumstances of the case, the Ld. CIT(A) was justified in deleting the disallowance of Rs. 29,43,718/- u/s 80IC of Income Tax Act, 1961 on job work charges

ASSTT.COMMISSIONER OF INCOME TAX, LUDHIANA vs. M/S MRS.BECTORS FOOD SPECILTIES LTD, LUDHIANA

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

section 14A of the Income-tax Act, 1961, by simply relying on the submissions of the assessee and not by giving any independent findings? 2. Whether upon facts and circumstances of the case, the Ld. CIT(A) was justified in deleting the disallowance of Rs. 29,43,718/- u/s 80IC of Income Tax Act, 1961 on job work charges

ASSTT.COMMISSIONER OF INCOME TAX, LUDHIANA vs. M/S MRS.BECTORS FOOD SPECILTIES LTD, LUDHIANA

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

section 14A of the Income-tax Act, 1961, by simply relying on the submissions of the assessee and not by giving any independent findings? 2. Whether upon facts and circumstances of the case, the Ld. CIT(A) was justified in deleting the disallowance of Rs. 29,43,718/- u/s 80IC of Income Tax Act, 1961 on job work charges

M/S MSJ BATH FITTINGS & ACCESSORIES PVT. LTD.,MANIMAJRA vs. ACIT, CHANDIGARH

The appeal of the assessee is allowed for statistical purposes

Bench: Or At The Time Of Hearing Of Appeal, With The Permission Of The Hon'Ble Income Tax Appellate Tribunal, Chandigarh.” 3. The Above Grounds Are General In Nature & Needs No Adjudication.

disallowance of claim by holding that it was not clear whether the condition laid down in the proviso to Section 32

M/S HARYANA STATE INDUSTRIAL & INFRASTRUCTURE DEVELOPMENT CORPN.,,PANCHKULA vs. ACIT,, PANCHKULA

In the result, all the above appeals of the assessee are

Bench: The Itat. That In The First Round The Itat Had Held The Provisions Of Section 14A Of The Act, For The Purposes Of Disallowing Expenses Relating To Exempt Income, Applicable In The Facts Of The Present Cases On Noting That The Assessee Had Earned Exempt Income In The Form

section 14A of the Act, the assessee must have incurred expenditure in relation to exempt income. In this regard we submit as under:- The assessee during the year has earned dividend income from Uni Products Limited, GRM Overseas Limited, JBM Auto components Ltd. & Industrial development bank of India. The investments in the shares of M/s Uni Products Limited was made

M/S FASTWAY TRANSMISSION (P) LTD.,CHANDIGARH vs. ACIT, CHANDIGARH

In the result the captioned appeals of the assessee are

Bench: Shri N.K. Saini & Shri Sanjay Gargआयकर अपील सं./ Ita No.547/Chd/2017 "नधा"रण वष" / Assessment Year : 2013-14

32 of the Act only to the owner of the asset. That the lease charges paid for the use of the asset to the owner of the asset are allowable as revenue expenditure under section 37 of the I.T. Act to the payer. C) That at page 80 in paragraph 5.4.4 of the impugned order, the Ld. CIT(A) himself

M/S FASTWAY TRANSMISSION (P) LTD.,CHANDIGARH vs. DCIT, CC-II, CHANDIGARH

In the result the captioned appeals of the assessee are

Bench: Shri N.K. Saini & Shri Sanjay Gargआयकर अपील सं./ Ita No.547/Chd/2017 "नधा"रण वष" / Assessment Year : 2013-14

32 of the Act only to the owner of the asset. That the lease charges paid for the use of the asset to the owner of the asset are allowable as revenue expenditure under section 37 of the I.T. Act to the payer. C) That at page 80 in paragraph 5.4.4 of the impugned order, the Ld. CIT(A) himself

M/S FASTWAY TRANSMISSION (P) LTD.,CHANDIGARH vs. DCIT, CC-II, CHANDIGARH

In the result the captioned appeals of the assessee are

Bench: Shri N.K. Saini & Shri Sanjay Gargआयकर अपील सं./ Ita No.547/Chd/2017 "नधा"रण वष" / Assessment Year : 2013-14

32 of the Act only to the owner of the asset. That the lease charges paid for the use of the asset to the owner of the asset are allowable as revenue expenditure under section 37 of the I.T. Act to the payer. C) That at page 80 in paragraph 5.4.4 of the impugned order, the Ld. CIT(A) himself

ITO, W-2, BARNALA vs. THE TRUCK OPERATOR UNION, BARNALA

In the result, the appeal of the Revenue is allowed for statistical purposes

Bench: Smt.Diva Singh & Shri Vikram Singh Yadavthe Ito बनाम The Truck Operator Union, Ward-2, Barnala Dhanaula Road, Barnala "थायी लेखा सं./Pan No: Aaaat6497M

32. The legal proposition that arises from the above decision of the Hon’ble Rajasthan High Court is that the consequences, which were to befall on account of non- observation of sub-section (3) of section 40A must have nexus to the failure of such object. Therefore the genuineness of the transactions and it being free from vice

ACIT, LUDHIANA vs. M/S AVON CYCLES LTD., LUDHIANA

In the result, the appeal filed by the Revenue is

Bench: Ms.Diva Singh & Ms. Annapurna Guptathe A.C.I.T., Vs. M/S Avon Cycles Ltd., Circle-5, G.T. Road, Ludhiana. Ludhiana. Pan: Aabca4140R & C.O.No.6/Chd/2016 In M/S Avon Cycles Ltd., Vs. The A.C.I.T., G.T. Road, Circle-5, Ludhiana. Ludhiana. Pan: Aabca4140R (Appellant) (Respondent)

32,906/-. Before the Ld.CIT(Appeals) the assessee raised several contentions that disallowance of interest if any was to be made after netting off interest received, that interest paid on loans taken for specific purposes related to the business of the assessee was to be excluded and that in view of sufficiency of own funds no disallowance

RAMJEE CONCRETES PVT.LTD.,MOHALI vs. ITO-WARD-6(3), CHANDIGARH

The appeals are disposed of in the aforesaid terms

Bench: Shri N.K. Saini & Shri Sudhanshu Srivastavaआयकर अपील सं./ Ita No. 205/Chd/2021 "नधा"रण वष" / Assessment Year : 2019-20 Ramjee Concretes Private Limited, The Ito, बनाम #1238.Sector 91, Ward 6(3), Mohali, Punjab Chandigarh "थायी लेखा सं./Pan No: Aafcr9457E अपीलाथ"/Appellant ""यथ"/Respondent

disallowable expenditure under Section 40(a)(ii) of the IT Act. Ms. Linhares was unable to state whether the Revenue has appealed this decision. Mr. Ramani, learned Senior Advocate submitted that his research did not suggest that any appeal was instituted by the Revenue against this decision, which is directly on the point and favours the Assessee. 31. Mr. Ramani

M/S PUNJAB TOURISM DEVELOPMENET CORPORATION LIMITED,CHANDIGARH vs. DCIT,CIRCLE-1(1), CHANDIGARH

Appeal of the assessee is allowed

Bench: Ao)

section 44AB of the I.T. Act,1961 which is reproduced as above (supra). 13.3 The ld. AR with regard to Ground No.4 which pertains to disallowance of expenses of Rs. 32

M/S PUNJAB TOURISM DEVELOPMENET CORPORATION LIMITED,CHANDIGARH vs. DCIT,CIRCLE-1(1), CHANDIGARH

Appeal of the assessee is allowed

Bench: Ao)

section 44AB of the I.T. Act,1961 which is reproduced as above (supra). 13.3 The ld. AR with regard to Ground No.4 which pertains to disallowance of expenses of Rs. 32

M/S PUNJAB TOURISM DEVELOPMENET CORPORATION LIMITED,CHANDIGARH vs. DCIT,CIRCLE-1(1), CHANDIGARH

Appeal of the assessee is allowed

Bench: Ao)

section 44AB of the I.T. Act,1961 which is reproduced as above (supra). 13.3 The ld. AR with regard to Ground No.4 which pertains to disallowance of expenses of Rs. 32

M/S PUNJAB TOURISM DEVELOPMENET CORPORATION LIMITED,CHANDIGARH vs. DCIT,CIRCLE-1(1), CHANDIGARH

Appeal of the assessee is allowed

Bench: Ao)

section 44AB of the I.T. Act,1961 which is reproduced as above (supra). 13.3 The ld. AR with regard to Ground No.4 which pertains to disallowance of expenses of Rs. 32

TEJ PAL GUPTA,PANCHKULA vs. DCIT CENTRAL CIRLE - 1, CHANDIGARH

In the result, both the appeals of the assessees are allowed

Bench: Shri N.K. Saini & Shri Sudhanshu Srivastavaआयकर अपील सं./ Ita No. 382/Chd/2021 "नधा"रण वष" / Assessment Year : 2018-19 Sh. Tej Pal Gupta, The Dcit, बनाम H. No. 346, Cpc, Sector 21, Bengaluru Panchkula "थायी लेखा सं./Pan No: Aaupg1545N अपीलाथ"/Appellant ""यथ"/Respondent

section 36(1) (va) of the Act. The second issue is regarding the ITA No. 32-Chd-2021 Sh. Tej Pal Gupta, Panchkula 2 addition of Rs. 23,128/- on account of employer’s share of ESI / PF for assessment year 2017-18, which was paid during the year under consideration but had already been disallowed