SHOBHA SHARMA,SIRSA vs. ITO-WARD-3, SIRSA

In the result, appeal of the assessee is allowed

41,950/- in an order of assessment 14.11.2018 under section 147/143(3) of the Act. 2. That the learned Commissioner of Income Tax (Appeals) has further erred both in law and on facts in upholding the initiation of proceedings under section 147 of the Act and, completion of assessment under section 147/143(3) of the Act without appreciating that

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1), CHANDIGARH, CHANDIGARH vs. UNIPRO TECHNO INFRASTRUCTURE PVT LTD, CHANDIGARH

In the result, the order of the ld CIT(A) is confirmed and the grounds of appeal taken by the Revenue are dismissed

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

4). The Ld. counsel for the assessee stated that review of the order was only on account of change of opinion and could not be exercised under section 263 of the Act. In support of its contention that the issue had been examined by the AO during assessment proceedings the Ld. counsel for the assessee drew our attention

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

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

4. In view of the order of the Honorable ITAT, Division Bench, Chandigarh in ITA No. 1063/Chd/2011 (Departments appeal) & ITA No. 297/Chd/2014(assessee's appeal) dated 14.10.2015, the issues with regard to additions of Rs.36,02,230/- made by the Assessing Officer on account of disallowance of expenses by invoking provisions of section 14A of the Act as 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

4. In view of the order of the Honorable ITAT, Division Bench, Chandigarh in ITA No. 1063/Chd/2011 (Departments appeal) & ITA No. 297/Chd/2014(assessee's appeal) dated 14.10.2015, the issues with regard to additions of Rs.36,02,230/- made by the Assessing Officer on account of disallowance of expenses by invoking provisions of section 14A of the Act as 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

4. In view of the order of the Honorable ITAT, Division Bench, Chandigarh in ITA No. 1063/Chd/2011 (Departments appeal) & ITA No. 297/Chd/2014(assessee's appeal) dated 14.10.2015, the issues with regard to additions of Rs.36,02,230/- made by the Assessing Officer on account of disallowance of expenses by invoking provisions of section 14A of the Act as 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

4. In view of the order of the Honorable ITAT, Division Bench, Chandigarh in ITA No. 1063/Chd/2011 (Departments appeal) & ITA No. 297/Chd/2014(assessee's appeal) dated 14.10.2015, the issues with regard to additions of Rs.36,02,230/- made by the Assessing Officer on account of disallowance of expenses by invoking provisions of section 14A of the Act as 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

4. In view of the order of the Honorable ITAT, Division Bench, Chandigarh in ITA No. 1063/Chd/2011 (Departments appeal) & ITA No. 297/Chd/2014(assessee's appeal) dated 14.10.2015, the issues with regard to additions of Rs.36,02,230/- made by the Assessing Officer on account of disallowance of expenses by invoking provisions of section 14A of the Act as 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

4. In view of the order of the Honorable ITAT, Division Bench, Chandigarh in ITA No. 1063/Chd/2011 (Departments appeal) & ITA No. 297/Chd/2014(assessee's appeal) dated 14.10.2015, the issues with regard to additions of Rs.36,02,230/- made by the Assessing Officer on account of disallowance of expenses by invoking provisions of section 14A of the Act as the assessee

DCIT, C-1(1), CHANDIGARH vs. UNIPRO TECHNO INFRASTRUCTURE PRIVATE LIMITED, CHANDIGARH

In the result, appeal of the Department is dismissed

4). The Ld. counsel for the assessee stated that review of the order was only on account of change of opinion and could not be exercised under section 263 of the Act. In support of its contention that the issue had been examined by the AO during assessment proceedings the Ld. counsel for the assessee drew our attention

SHRI BALRAM KRISHAN,CHANDIGARH vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, CHANDIGARH, CHANDIGARH

Disallowance of 80IC on subsidy claimed in ITR. Issue 18 : Jewellery found at House no 2273, Sector 21C, Chandigarh & Locker no 64, Bank of India, Sector 35, Chandigarh during the search. 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41

A.B. SUGARS LIMITED,PUNJAB vs. PRINCIPAL COMMISSIONER OF INCOME TAX-1, CHANDIGARH

In the result, the appeal of the assessee is allowed

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

41,82,063-11,53,61,815) For clarification of Doubt, we are enclosing Segment-wise copies of statement of Profit & Loss Account for FY 2017-18 one of which is before elimination of Inter-unit transactions and other is after elimination of Inter-unit transactions, both shows same profit of assessee company amounting

A.B. SUGARS LIMITED,PUNJAB vs. PRINCIPAL COMMISSIONER OF INCOME TAX -1, CHANDIGARH, CHANDIGARH

In the result, the appeal of the assessee is allowed

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

41,82,063-11,53,61,815) For clarification of Doubt, we are enclosing Segment-wise copies of statement of Profit & Loss Account for FY 2017-18 one of which is before elimination of Inter-unit transactions and other is after elimination of Inter-unit transactions, both shows same profit of assessee company amounting

SMT. AARTI SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

41 44. Aggrieved assessee preferred an appeal to the learned CIT (A) 45. The assessee before the learned CIT (A) submitted that the transactions for the purchase and sale of the shares of the alleged companies were backed by the necessary supporting evidences such as the contract notes, Demat Accounts, banking statement showing payment for purchase and proceeds against sale

SMT. AARTI SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

41 44. Aggrieved assessee preferred an appeal to the learned CIT (A) 45. The assessee before the learned CIT (A) submitted that the transactions for the purchase and sale of the shares of the alleged companies were backed by the necessary supporting evidences such as the contract notes, Demat Accounts, banking statement showing payment for purchase and proceeds against sale

SH. ANIKET SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

41 44. Aggrieved assessee preferred an appeal to the learned CIT (A) 45. The assessee before the learned CIT (A) submitted that the transactions for the purchase and sale of the shares of the alleged companies were backed by the necessary supporting evidences such as the contract notes, Demat Accounts, banking statement showing payment for purchase and proceeds against sale

SH. SANJAY SINGAL HUF,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

41 44. Aggrieved assessee preferred an appeal to the learned CIT (A) 45. The assessee before the learned CIT (A) submitted that the transactions for the purchase and sale of the shares of the alleged companies were backed by the necessary supporting evidences such as the contract notes, Demat Accounts, banking statement showing payment for purchase and proceeds against sale

SH. SANJAY SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

41 44. Aggrieved assessee preferred an appeal to the learned CIT (A) 45. The assessee before the learned CIT (A) submitted that the transactions for the purchase and sale of the shares of the alleged companies were backed by the necessary supporting evidences such as the contract notes, Demat Accounts, banking statement showing payment for purchase and proceeds against sale

SH. SANJAY SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

41 44. Aggrieved assessee preferred an appeal to the learned CIT (A) 45. The assessee before the learned CIT (A) submitted that the transactions for the purchase and sale of the shares of the alleged companies were backed by the necessary supporting evidences such as the contract notes, Demat Accounts, banking statement showing payment for purchase and proceeds against sale

SH. ANIKET SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

41 44. Aggrieved assessee preferred an appeal to the learned CIT (A) 45. The assessee before the learned CIT (A) submitted that the transactions for the purchase and sale of the shares of the alleged companies were backed by the necessary supporting evidences such as the contract notes, Demat Accounts, banking statement showing payment for purchase and proceeds against sale