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

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

disallowance @ 10% of deduction u/s 80IC in respect of Tahliwal Unit on account some alleged indirect benefits derived from Phillaur Unit by Tahliwal Unit by applying provisions of sub section 8 & 10 to section 801

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

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

disallowance @ 10% of deduction u/s 80IC in respect of Tahliwal Unit on account some alleged indirect benefits derived from Phillaur Unit by Tahliwal Unit by applying provisions of sub section 8 & 10 to section 801

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

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

disallowance @ 10% of deduction u/s 80IC in respect of Tahliwal Unit on account some alleged indirect benefits derived from Phillaur Unit by Tahliwal Unit by applying provisions of sub section 8 & 10 to section 801

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

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

disallowance @ 10% of deduction u/s 80IC in respect of Tahliwal Unit on account some alleged indirect benefits derived from Phillaur Unit by Tahliwal Unit by applying provisions of sub section 8 & 10 to section 801

DCIT, CC-I, CHANDIGARH , CHANDIGARH vs. VALCO INDUSTRIES LTD., , CHANDIGARH

In the result, the appeal of the Revenue is dismissed

Bench: The Hon'Ble Punjab & Haryana High Court? Ii) Whether On The Facts & Circumstances Of The Case & In Law, Ld. Cit(A) Is Right Holding Such Consequential Order As Void An Initio Ignoring The Facts That Order Passed By Ld. Pcit (Central), Gurugram U/S 263 Has Not Attained Its Finality? Iii) Whether On The Facts & In Circumstances Of The Case & In Law, The Ld. Cit(A) Was Right In Holding That Consequential Order Passed U/S 147 R.W.S. 263 Of The Act As Void As Initio Without Giving Any Liberty To The Revenue To Revive The Proceedings Consequent To Any Directions Or Order

Section 801 of the Act which the Assessing Officer allowed partially. The assessee filed an appeal against the disallowance. The Commissioner

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)

disallowed as it seems that you are furnishing inaccurate particulars. Please also furnish whether you have claimed such exemption u/s 80- lA in the previous year also or not? 12. Further at para 12 of Form No.10CCB, you have shown sales tax registration No. in which it has ascertained that you were got registered with sales tax on 09.07.2009. Please

DR. APURVA GOSWAMY,CHANDIGARH vs. DCIT, C-1(1), CHANDIGARH

Bench: This Bench Is To Contest The Confirmation Of Addition Of A Sum Of Rs.1,17,82,620/- Out Of The Disallowance Made By The Assessing Officer. This Ground Reads As Under:

Disallowance on account o f Depreciation claimed on Temporary Fixtures: Perusal of the schedule of depreciation as annexed to the Audit Report shows that the assessee has claimed depreciation @ 100% on temporary fixtures. The assessee has shown the total value of temporary fixtures at Rs.15064801/-. This entire addition has been made in the 2nd half of the year and therefore

DR. APURVA GOSWAMY,CHANDIGARH vs. DCIT, C-1(1), CHANDIGARH

Bench: This Bench Is To Contest The Confirmation Of Addition Of A Sum Of Rs.1,17,82,620/- Out Of The Disallowance Made By The Assessing Officer. This Ground Reads As Under:

Disallowance on account o f Depreciation claimed on Temporary Fixtures: Perusal of the schedule of depreciation as annexed to the Audit Report shows that the assessee has claimed depreciation @ 100% on temporary fixtures. The assessee has shown the total value of temporary fixtures at Rs.15064801/-. This entire addition has been made in the 2nd half of the year and therefore

ACIT, LUDHIANA vs. M/S VARDHMAN TEXTILE LIMITED, LUDHIANA

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita Nos. 1429/Chd/2010 "नधा"रण वष" / Assessment Years : 2006-07 Vardhman Textiles Limited, The Addl.Cit, Range- 1, बनाम Ludhiana Chandigarh Road, Ludhiana "थायी लेखा सं./Pan No: Aabcm4692E Appeal Against The Order Of Cit(A)-1, Ludhiana Dated 15.10.2010

section 73. 7. That the order of the Id. CIT(A) be set aside and that of the A.O. be restored. 8. That the appellate craves leave to add or amend any ground of appeal before it is finally disposed off. 26. Ground No.1 :The Revenue vide ground No.1 of the appeal has agitated the action

VARDHMAN TEXTILE LTD.,LUDHIANA vs. ADDL. CIT, LUDHIANA

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita Nos. 1429/Chd/2010 "नधा"रण वष" / Assessment Years : 2006-07 Vardhman Textiles Limited, The Addl.Cit, Range- 1, बनाम Ludhiana Chandigarh Road, Ludhiana "थायी लेखा सं./Pan No: Aabcm4692E Appeal Against The Order Of Cit(A)-1, Ludhiana Dated 15.10.2010

section 73. 7. That the order of the Id. CIT(A) be set aside and that of the A.O. be restored. 8. That the appellate craves leave to add or amend any ground of appeal before it is finally disposed off. 26. Ground No.1 :The Revenue vide ground No.1 of the appeal has agitated the action

ACIT, LUDHIANA vs. M/S VARDHMAN TEXTILES LTD., LUDHIANA

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita Nos. 1429/Chd/2010 "नधा"रण वष" / Assessment Years : 2006-07 Vardhman Textiles Limited, The Addl.Cit, Range- 1, बनाम Ludhiana Chandigarh Road, Ludhiana "थायी लेखा सं./Pan No: Aabcm4692E Appeal Against The Order Of Cit(A)-1, Ludhiana Dated 15.10.2010

section 73. 7. That the order of the Id. CIT(A) be set aside and that of the A.O. be restored. 8. That the appellate craves leave to add or amend any ground of appeal before it is finally disposed off. 26. Ground No.1 :The Revenue vide ground No.1 of the appeal has agitated the action

VARDHMAN TEXTILES LTD,LUDHIANA vs. ADDITIONAL COMMISSIONER OF INCOME TAX, LUDHIANA

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita Nos. 1429/Chd/2010 "नधा"रण वष" / Assessment Years : 2006-07 Vardhman Textiles Limited, The Addl.Cit, Range- 1, बनाम Ludhiana Chandigarh Road, Ludhiana "थायी लेखा सं./Pan No: Aabcm4692E Appeal Against The Order Of Cit(A)-1, Ludhiana Dated 15.10.2010

section 73. 7. That the order of the Id. CIT(A) be set aside and that of the A.O. be restored. 8. That the appellate craves leave to add or amend any ground of appeal before it is finally disposed off. 26. Ground No.1 :The Revenue vide ground No.1 of the appeal has agitated the action

ITO, LUDHIANA vs. SH. PARDEEP AGGARWAL, LUDHIANA

In the result, the appeal of the Revenue is dismissed

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumarassessment Year: 2010-11

disallowing the exemption under section 10(38) of the Act at Rs.2,67,55,708/- claimed by the assessee. The Assessing Officer is not justified in invoking the provisions of section 68 of the Act. This also amounts to double taxation or double addition of the income in view of the fact that the same amount has actually been shown

SANSKRITI KMV SCHOOL ,JALANDHAR vs. ACIT, C-1, (E), CHANDIGARH

In the result, the appeal of the assessee is allowed for

disallowed the exemption in Para 11 of the order on 2 grounds that assessee failed to prove that it was existing wholly & solely for education not for profit and secondly on the ground that assessee did not have approval u/s 10(23c)(vi) of the Act during F.Y 15-16. Further the A.O gave presumptive and unnecessary findings

SH. AASHISH ARORA,LUDHIANA vs. ITO, LUDHIANA

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

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2012-13

disallowing interest paid at Rs. 18,48,006/- and wrongly claimed under section 57 of the Act, instead of section 37 of the Act. 3. Brief facts of the case are that the assessee is doing the business of "Trading of hosiery goods, cloth, duplex board etc". Assessee shown income under the head Income from Business and profession' and under

SHRI ADISH OSWAL,LUDHIANA vs. DCIT, C-7, LUDHIANA

In the result, appeals of the Assessees are allowed for statistical purposes

801 (SC) • Durga Prasad More Vs. CIT (SC) • Mcdowell Vs. CTO (SC) • CIT Vs. P. Mohankala dt. 15/05/2007) (SC) • Sanjay Bimalchand Jain L/H Shantidevi Bimalchand Jain Vs. PCIT (ITA No. 18/2017 Bombay High Court (Nagpur Bench) • Chandan Gupta Vs. CIT (2015) 54 taxmann.com 10 (P&H) • Balbir Chand Maini Vs. CIT [2012] 340 ITR 161 (P&H) • Usha Chandresh Shah

SH. ASHOK KUMAR OSWAL (DECEASED) THROUGH MRS. MANJU OSWAL (LEGAL HEIR),LUDHIANA vs. DCIT, C-7, LUDHIANA

In the result, appeals of the Assessees are allowed for statistical purposes

801 (SC) • Durga Prasad More Vs. CIT (SC) • Mcdowell Vs. CTO (SC) • CIT Vs. P. Mohankala dt. 15/05/2007) (SC) • Sanjay Bimalchand Jain L/H Shantidevi Bimalchand Jain Vs. PCIT (ITA No. 18/2017 Bombay High Court (Nagpur Bench) • Chandan Gupta Vs. CIT (2015) 54 taxmann.com 10 (P&H) • Balbir Chand Maini Vs. CIT [2012] 340 ITR 161 (P&H) • Usha Chandresh Shah

SH. ABHIMANYU SOIN,LUDHIANA vs. ACIT, LUDHIANA

In the result, appeal of the Assessee is dismissed

Bench: Shri. Sanjay Garg, Judicial, Member & Dr. B.R.R. Kumarassessment Year: 2011-12

section 133(6) then there is heavy onus on the AO to prove that the transaction is bogus and it cannot be simply done only on the imagination and probabilities built by the AO. It is pertinent to mention here that the purchase of shares of M/s Sharp Transport Pvt. Ltd. was made by the assessee in cash