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59 results for “disallowance”+ Section 46Aclear

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Key Topics

Addition to Income36Disallowance18Section 40A(3)16Deduction13Section 142(1)12Section 14712Section 14A12Section 143(3)11Section 143(2)10

SH. JASDEV SINGH,CHANDIGARH vs. ITO-WARD-5(5), CHANDIGARH

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

ITA 214/CHANDI/2021[2018-19]Status: DisposedITAT Chandigarh13 Dec 2021AY 2018-19

Bench: Shri N.K. Saini & Shri Sudhanshu Srivastavaआयकर अपील सं./ Ita No. 214/Chd/2021 "नधा"रण वष" / Assessment Year : 2018-19 Sh. Jasdev Singh, The Ito, बनाम 234, Sector 46A Ward 5(5), Chandigarh 160046 Chandigarh

For Appellant: Shri Ajay Jain, CAFor Respondent: Smt. Priyanka Dhar, Sr.DR
Section 139(1)Section 143(1)Section 36(1)(va)

46A Ward 5(5), Chandigarh 160046 Chandigarh "थायी लेखा सं./PAN NO: AAHDPS4550P अपीलाथ"/Appellant ""यथ"/Respondent Hearing though video Conferencing "नधा"रती क ओर से/Assessee by : Shri Ajay Jain, CA राज"व क ओर से/ Revenue by : Smt. Priyanka Dhar, Sr.DR सुनवाई क तार%ख/Date of Hearing : 13.12.2021 उदघोषणा क तार%ख/Date of Pronouncement

Showing 1–20 of 59 · Page 1 of 3

Section 14410
Section 6810
Reassessment8

KHANNA INFRABUILD PRIVATE LIMITED 2000-1A, SUKHDEV NAGAR FEROZEPUR ROAD, LUDHIANA,LUDHIANA vs. THE DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2 LUDHIANA, LUDHIANA

In the result, the ground of appeal is allowed

ITA 679/CHANDI/2023[2019-2020]Status: DisposedITAT Chandigarh28 Jun 2024AY 2019-2020

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Sudhir Sehgal, AdvocateFor Respondent: Shri Rohit Sharma, CIT, DR
Section 115BSection 145(3)Section 153ASection 35ASection 69

Section 35 AD which provides that an assessee shall , if he opts, be allowed a deduction in respect of the whole of any expenditure of capital nature incurred, wholly and exclusively, for the purposes of any specified business carried on by him during the previous year in which such expenditure is incurred by him. It was submitted that though

KHANNA INFRABUILD PRIVATE LIMITED ,LUDHIANA vs. THE DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE)-2, LUDHIANA, LUDHIANA

In the result, the ground of appeal is allowed

ITA 668/CHANDI/2023[2018-2019]Status: DisposedITAT Chandigarh28 Jun 2024AY 2018-2019

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Sudhir Sehgal, AdvocateFor Respondent: Shri Rohit Sharma, CIT, DR
Section 115BSection 145(3)Section 153ASection 35ASection 69

Section 35 AD which provides that an assessee shall , if he opts, be allowed a deduction in respect of the whole of any expenditure of capital nature incurred, wholly and exclusively, for the purposes of any specified business carried on by him during the previous year in which such expenditure is incurred by him. It was submitted that though

KHANNA INFRABUILD PRIVATE LIMITED ,LUDHIANA vs. THE DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE)-2 LUDHIANA, LUDHIANA

In the result, the ground of appeal is allowed

ITA 663/CHANDI/2023[2017-2018]Status: DisposedITAT Chandigarh28 Jun 2024AY 2017-2018

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Sudhir Sehgal, AdvocateFor Respondent: Shri Rohit Sharma, CIT, DR
Section 115BSection 145(3)Section 153ASection 35ASection 69

Section 35 AD which provides that an assessee shall , if he opts, be allowed a deduction in respect of the whole of any expenditure of capital nature incurred, wholly and exclusively, for the purposes of any specified business carried on by him during the previous year in which such expenditure is incurred by him. It was submitted that though

SH. ANSHUL GOYAL,LUDHIANA vs. ACIT, C-VII, LUDHIANA

The appeals of the assessee is hereby allowed for statistical purposes

ITA 1428/CHANDI/2017[2010-11]Status: DisposedITAT Chandigarh25 May 2018AY 2010-11

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2010-11

For Appellant: Shri. Pankaj BhallaFor Respondent: Shri. Surinder Meena
Section 14(2)Section 14ASection 250(6)Section 40A(3)Section 46A

46A of the Income Tax Rules, 1962 which goes to the grass root level of the matter, without any base and reason thereof. 3. That the Ld. C.I.T (A) has erred in confirming an addition of Rs. 2,26,398/- on account of disallowance u/s 14A of the Income Tax Act ,1961 read with Rule 8-D of the Income

M/S ANSHUL GOYAL LAND & HOUSING LTD.,LUDHIANA vs. DCIT, C-VII, LUDHIANA

The appeals of the assessee is hereby allowed for statistical purposes

ITA 1427/CHANDI/2017[2010-11]Status: DisposedITAT Chandigarh25 May 2018AY 2010-11

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2010-11

For Appellant: Shri. Pankaj BhallaFor Respondent: Shri. Surinder Meena
Section 14(2)Section 14ASection 250(6)Section 40A(3)Section 46A

46A of the Income Tax Rules, 1962 which goes to the grass root level of the matter, without any base and reason thereof. 3. That the Ld. C.I.T (A) has erred in confirming an addition of Rs. 2,26,398/- on account of disallowance u/s 14A of the Income Tax Act ,1961 read with Rule 8-D of the Income

SH. AMAN SETH,LUDHIANA vs. ITO, W-1(1), LUDHIANA

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 1318/CHANDI/2017[2013-14]Status: DisposedITAT Chandigarh21 Jun 2024AY 2013-14

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

For Appellant: Shri Parikshit Aggarwal, C.AFor Respondent: Smt. Amanpreet Kaur, Sr. DR
Section 129Section 142(1)Section 143(1)Section 143(2)Section 250Section 253Section 36Section 44A

section 36(1)(iii) is bad in law and illegal and ought to be deleted as in the books of account assessee has shown advances for different properties. That the Ld. AO has disallowed proportionate interest paid on secured / unsecured loans contending that no interest has been charged on advance paid for properties. The order to the effect that

THE HARYANA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT,PANCHKULA vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE, PANCHKULA

Appeal is allowed

ITA 592/CHANDI/2024[2016-17]Status: DisposedITAT Chandigarh30 May 2025AY 2016-17

Bench: BEFORE: SHRI. RAJPALYADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

disallowed the assesse’s claim of Rs. 55,60,17,057/- as overdue interest expense on loans to DPCARDBs, treating it as a mere provision, prior period expense, or contingent liability without proof of payment or loss. 23. The Ld. CIT(A) reversed this, relying on NABARD guidelines, audit evidence, ITAT’s earlier ruling, and Bombay High Court precedent, holding

THE HARYANA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT,PANCHKULA vs. DCIT, CIRCLE, PANCHKULA, PANCHKULA

Appeal is allowed

ITA 589/CHANDI/2024[2015-16]Status: DisposedITAT Chandigarh30 May 2025AY 2015-16

Bench: BEFORE: SHRI. RAJPALYADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

disallowed the assesse’s claim of Rs. 55,60,17,057/- as overdue interest expense on loans to DPCARDBs, treating it as a mere provision, prior period expense, or contingent liability without proof of payment or loss. 23. The Ld. CIT(A) reversed this, relying on NABARD guidelines, audit evidence, ITAT’s earlier ruling, and Bombay High Court precedent, holding

THE HARYANA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT,PANCHKULA vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE, PANCHKULA

Appeal is allowed

ITA 593/CHANDI/2024[2016-17]Status: DisposedITAT Chandigarh30 May 2025AY 2016-17

Bench: SHRI. RAJPALYADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

disallowed the assesse’s claim of Rs. 55,60,17,057/- as overdue interest expense on loans to DPCARDBs, treating it as a mere provision, prior period expense, or contingent liability without proof of payment or loss. 23. The Ld. CIT(A) reversed this, relying on NABARD guidelines, audit evidence, ITAT’s earlier ruling, and Bombay High Court precedent, holding

ASSISTANT COMMISSIONER OF INCOME TAX, PANCHKULA CIRCLE, PANCHKULA, PANCHKULA vs. THE HARYANA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT, PANCHKULA

Appeal is allowed

ITA 596/CHANDI/2024[2017-18]Status: DisposedITAT Chandigarh30 May 2025AY 2017-18

Bench: BEFORE: SHRI. RAJPALYADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

disallowed the assesse’s claim of Rs. 55,60,17,057/- as overdue interest expense on loans to DPCARDBs, treating it as a mere provision, prior period expense, or contingent liability without proof of payment or loss. 23. The Ld. CIT(A) reversed this, relying on NABARD guidelines, audit evidence, ITAT’s earlier ruling, and Bombay High Court precedent, holding

ASSISTANT COMMISSIONER OF INCOME TAX, PANCHKULA CIRCLE, PANCHKULA, PANCHKULA vs. THE HARYANA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT, PANCHKULA

Appeal is allowed

ITA 594/CHANDI/2024[2016-17]Status: DisposedITAT Chandigarh30 May 2025AY 2016-17

Bench: SHRI. RAJPALYADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

disallowed the assesse’s claim of Rs. 55,60,17,057/- as overdue interest expense on loans to DPCARDBs, treating it as a mere provision, prior period expense, or contingent liability without proof of payment or loss. 23. The Ld. CIT(A) reversed this, relying on NABARD guidelines, audit evidence, ITAT’s earlier ruling, and Bombay High Court precedent, holding

THE HARYANA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT,PANCHKULA vs. DCIT,CIRCLE, PANCHKULA, PANCHKULA

Appeal is allowed

ITA 588/CHANDI/2024[2014-15]Status: DisposedITAT Chandigarh30 May 2025AY 2014-15

Bench: BEFORE: SHRI. RAJPALYADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

disallowed the assesse’s claim of Rs. 55,60,17,057/- as overdue interest expense on loans to DPCARDBs, treating it as a mere provision, prior period expense, or contingent liability without proof of payment or loss. 23. The Ld. CIT(A) reversed this, relying on NABARD guidelines, audit evidence, ITAT’s earlier ruling, and Bombay High Court precedent, holding

THE HARYANA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT,PANCHKULA vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE,, PANCHKULA

Appeal is allowed

ITA 590/CHANDI/2024[2015-16]Status: DisposedITAT Chandigarh30 May 2025AY 2015-16

Bench: BEFORE: SHRI. RAJPALYADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

disallowed the assesse’s claim of Rs. 55,60,17,057/- as overdue interest expense on loans to DPCARDBs, treating it as a mere provision, prior period expense, or contingent liability without proof of payment or loss. 23. The Ld. CIT(A) reversed this, relying on NABARD guidelines, audit evidence, ITAT’s earlier ruling, and Bombay High Court precedent, holding

ASSISTANT COMMISSIONER OF INCOME TAX, PANCHKULA CIRCLE, PANCHKULA, PANCHKULA vs. THE HARYANA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT, PANCHKULA

Appeal is allowed

ITA 591/CHANDI/2024[2015-16]Status: DisposedITAT Chandigarh30 May 2025AY 2015-16

Bench: SHRI. RAJPALYADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

disallowed the assesse’s claim of Rs. 55,60,17,057/- as overdue interest expense on loans to DPCARDBs, treating it as a mere provision, prior period expense, or contingent liability without proof of payment or loss. 23. The Ld. CIT(A) reversed this, relying on NABARD guidelines, audit evidence, ITAT’s earlier ruling, and Bombay High Court precedent, holding

PAWAN KUMAR SINGLA,PANCHKULA vs. DCIT, CC-I, CHANDIGARH

In the result, the assessee’s appeal on the various grounds raised is dismissed

ITA 11/CHANDI/2018[2011-12]Status: DisposedITAT Chandigarh11 Apr 2025AY 2011-12

Bench: Final Hearing.

For Appellant: Shri Ajay Jain, C.AFor Respondent: Smt. Kusum Bansal, CIT, DR
Section 132oSection 143(2)Section 153ASection 153DSection 271(1)(c)

disallowed Rs. 63,778/- deduction under Chapter VI-A due to the absence of supporting documentary evidence, adding it back to the taxable income. Regarding the land sale, the AO rejected the exemption claim, noting that the land was classified as "Phahar" (non-cultivable) in the registration deed, with no proof of agricultural activity or income provided. After allowing

BANGA HOSPITALS PRIVATE LIMITED,MANDI vs. ITO, MANDI

In the result, appeal of the Assessee is partly allowed

ITA 202/CHANDI/2024[2017-2018]Status: DisposedITAT Chandigarh26 May 2025AY 2017-2018

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

For Appellant: Shri Anoop Sharma, C.AFor Respondent: Shri Vivek Vardhan, Addl. CIT, Sr. DR
Section 115BSection 250Section 69Section 69A

46A of the Income Tax Rules, 1962 an assessee is debarred to furnish any new evidence in the appellate proceedings which he had not furnished during assessment proceedings except in certain circumstances as mentioned in the said Rule. The present assessee's case also does not fall under any of these exceptions. It is admitted fact that the Ld. Assessing

SURINDER KUMAR,LUDHIANA vs. DCIT, LUDHIANA

The appeal of the Assessee is partly allowed for statistical purposes

ITA 475/CHANDI/2016[2011-12]Status: DisposedITAT Chandigarh08 Feb 2019AY 2011-12

Bench: Itat Shall Not Be Filed In Cases Where The Tax Effect Does Not Exceed The Monetary Limit Of Rs. 20 Lacs. The Tax Will Not Include Any Interest Thereon. It Is Further Clarified That If In The Case Of An Assessee, Disputed Issues Arise In More Than One Assessment Year, Appeal Can Be Filed In Respect Of Such Assessment Year Or Years In Which The Tax Effect In Respect Of Disputed Issues Exceeds The Monetary Limit So Specified.

For Appellant: NoneFor Respondent: Shri Manjit Singh

disallowing these loans. Further, regarding the loans from Sh. Randeep Kumar Jain and Ms. Poonam Jain, no reply was receive in response to the A.O.'s verification letter and summons under section 131 could not be served on Ms. Poonam Jain. Their income tax returns along with computation of income are not available on record according to the A.O. Mere

INCOME TAX OFFICER, LUDHIANA vs. SH SURENDER KUMAR PROP, LUDHIANA

The appeal of the Assessee is partly allowed for statistical purposes

ITA 747/CHANDI/2016[2011-12]Status: DisposedITAT Chandigarh08 Feb 2019AY 2011-12

Bench: Itat Shall Not Be Filed In Cases Where The Tax Effect Does Not Exceed The Monetary Limit Of Rs. 20 Lacs. The Tax Will Not Include Any Interest Thereon. It Is Further Clarified That If In The Case Of An Assessee, Disputed Issues Arise In More Than One Assessment Year, Appeal Can Be Filed In Respect Of Such Assessment Year Or Years In Which The Tax Effect In Respect Of Disputed Issues Exceeds The Monetary Limit So Specified.

For Appellant: NoneFor Respondent: Shri Manjit Singh

disallowing these loans. Further, regarding the loans from Sh. Randeep Kumar Jain and Ms. Poonam Jain, no reply was receive in response to the A.O.'s verification letter and summons under section 131 could not be served on Ms. Poonam Jain. Their income tax returns along with computation of income are not available on record according to the A.O. Mere

BANUR BROTHER ,PATIALA vs. ITO-WARD-1, AMBALA

In the result appeal of the assessee is allowed as and by way of remand to Ld

ITA 772/CHANDI/2023[2017-18]Status: DisposedITAT Chandigarh27 Jun 2024AY 2017-18

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

For Appellant: Shri Nikhil Goyal, Advocate &For Respondent: Shri Rohit Sharma, CIT DR
Section 142(1)Section 143(1)Section 143(2)Section 144Section 250Section 253Section 270ASection 69A

disallow additional evidence under Rule 46A of the Income Tax Rules, 1962 should not be accepted without due scrutiny of evidence. The dispute about potential manipulation should not exclude the examination of material that may be relevant to the Appellant's case. Each piece of evidence should be evaluated on its merits rather than dismissed based on tentative claims