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

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

35. The above ground of appeal is regarding disallowance of deduct ion of proportionate profits of Rs.16,36,199/- on the job charges earned by the assessee from ITC Limited at the Tahliwal Unit . The assessee had received job charges of Rs.6,21,91,396/- from ITC Limited for the manufacture of biscuits. The Assessing Officer held that the assessee

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

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

35. The above ground of appeal is regarding disallowance of deduct ion of proportionate profits of Rs.16,36,199/- on the job charges earned by the assessee from ITC Limited at the Tahliwal Unit . The assessee had received job charges of Rs.6,21,91,396/- from ITC Limited for the manufacture of biscuits. The Assessing Officer held that the assessee

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

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

35. The above ground of appeal is regarding disallowance of deduct ion of proportionate profits of Rs.16,36,199/- on the job charges earned by the assessee from ITC Limited at the Tahliwal Unit . The assessee had received job charges of Rs.6,21,91,396/- from ITC Limited for the manufacture of biscuits. The Assessing Officer held that the assessee

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

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

35. The above ground of appeal is regarding disallowance of deduct ion of proportionate profits of Rs.16,36,199/- on the job charges earned by the assessee from ITC Limited at the Tahliwal Unit . The assessee had received job charges of Rs.6,21,91,396/- from ITC Limited for the manufacture of biscuits. The Assessing Officer held that the assessee

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

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

35. The above ground of appeal is regarding disallowance of deduct ion of proportionate profits of Rs.16,36,199/- on the job charges earned by the assessee from ITC Limited at the Tahliwal Unit . The assessee had received job charges of Rs.6,21,91,396/- from ITC Limited for the manufacture of biscuits. The Assessing Officer held that the assessee

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

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

35. The above ground of appeal is regarding disallowance of deduct ion of proportionate profits of Rs.16,36,199/- on the job charges earned by the assessee from ITC Limited at the Tahliwal Unit . The assessee had received job charges of Rs.6,21,91,396/- from ITC Limited for the manufacture of biscuits. The Assessing Officer held that the assessee

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

35,000/- in cash per person per day in complete violation of Section 40A(3) of the Act and vide order sheet entry dt. 17/07/2017, the assessee was directed to explain why amount paid in cash to its members may not be disallowed

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

disallowance of Rs.53,03,657/- applying Rule 8D(2)(ii) and Rule 8D2)(iii) ignoring the submissions of the assessee which are placed at PB Page 15-18. In this regard we would like to first refer to the provisions of Section 14-A of the Act which are reproduced as below: ITA Nos.275 to 279/Chd/2020 A.Ys

M/S APEX BUILDERS, LUDHIANA vs. ITO, W-2(1), LUDHIANA

The appeal is partly allowed

Bench: SHRI. LALIET KUMAR (Judicial Member)

disallowance under section 40(a)(ia) was not warranted, relying on Merilyn Shipping and Vector Shipping rulings. 6.2 Regarding the cash payments of Rs. 16,33,037/-, the LD. AR contended these were made to transporters under business compulsion, and such payments are exempt under Rule 6DD, with the threshold limit being Rs. 35

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)

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 a sum of Rs. 120704500/- under section

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)

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 a sum of Rs. 120704500/- under section

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)

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 a sum of Rs. 120704500/- under section

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)

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 a sum of Rs. 120704500/- under section

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)

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 a sum of Rs. 120704500/- under section

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)

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 a sum of Rs. 120704500/- under section

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)

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 a sum of Rs. 120704500/- under section

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)

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 a sum of Rs. 120704500/- under section

AMBER ENTERPRISES INDIA LIMITED, RAJPURA,PUNJAB vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX, PATIALA, PUNJAB

In the result, the appeal of the assessee is allowed

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. MANOJ KUMAR AGGARWAL (Accountant Member)

disallowance of deduction u/s 35(2AB). in 4. That the PCIT has failed to appreciate that the AO concerned had made requisite inquiries u/s 133(6) during the course of assessment proceedings from DSIR and had also received reply in that context and since the concerned department had replied to the AO concerned, no fault can be attributed