SANJEEV KUMAR GOYAL,FATEHABAD vs. DCIT, CC-2, LUDHIANA

In the result, the appeal of the assesse is allowed

Bench: This Hon’Ble Tribunal Under Section 253 Of The Income Tax Act, 1961 As Amended From Time To Time. 2. The Assessee Is Aggrieved By The Order Of The Ld. Cit(A) Dt. 20/01/2023 In Appeal No. 10853/2018-19/It/Cit(A)-5/Ldh/2021-22 For The A.Y. 2019-20 Under Section 250(6) Of The Income Tax Act, 1961 Which Was Dismissed. Therefore The Present Second Appeal Under Section 253 Of The Income Tax Act, 1961 Before Us Against The Aforesaid Order Dt. 20/01/2023 Which Is Hereinafter Referred To As The Impugned Order.

house property and loss from other sources are Rs.8,73,382/-. In the profit & loss account, the assessee has shown income of Rs.45,00,000/- with narration Income from Business on A/c of shortage of cash and building exp. As surrender u/s 133A on the credit side of Profit & loss Account. iii) That the return of income was accompanied with

PREM SINGH,CHAMBA vs. ACIT CIRCLE PALAMPUR, PALAMPUR

In the result, the appeal for AY 2017-18 stands partly allowed

Bench: Hon’Ble Shri Rajpal Yadav & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकर अपील सं. / Ita No. 946/Chandi/2025 (िनधा"रण वष" / Assessment Year: 2015-16) & 2. आयकर अपील सं. / Ita No. 947/Chandi/2025 (िनधा"रण वष" / Assessment Year: 2017-18) Shri Prem Singh Dcit Circle, Palampur बनाम/ The Palace. Chamba Himachal Pradesh - 176061 Vs. Himachal Pradesh – 176310 "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aampr-8876-P (अपीलाथ"/Appellant) : (""थ" / Respondent) Assessee By : Shri Ajay Jain (Ca) – Ld. Ar Revenue By : Shri Bharat Bhushan Garg (Cit) (Virtual) - Ld. Dr सुनवाईकीतारीख/Date Of Hearing : 13-11-2025 घोषणाकीतारीख /Date Of Pronouncement : 13-01-2026 आदेश / O R D E R Manoj Kumar Aggarwal () 1. The Assessee Is In Further Appeals Before Us For Assessment Years (Ay) 2015-16 & 2017-18 Which Arises Out Of Separate Orders Of Learned First Appellate Authority. First, We Take Up Appeal For Assessment Year (Ay) 2015-16 Which Arises Out Of An Order Of Learned Commissioner Of Income Tax (Appeals), Nfac [Cit(A)] Dated 22-07-2025 In The Matter Of An Assessment Framed By Ld. Assessing Officer [Ao] U/S 143(3) Of The Act On 29-12-2017. The Assessee Is Aggrieved By Computation Of Capital

house property. In support of its claim, the assessee has furnished valuation report from registered valuer of the department who has carried out physical inspection of the property. The said valuation report has been placed on age Nos. 44 to 47 of the paper-book wherein the valuer has valued the property as under: - Particulars Area in sft Rate

SHRI BALBIR SINGH VERMA,SHIMLA vs. PR.CIT, SHIMLA

In the result, appeal of the Assessee is allowed

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

house property and salary as a sitting MLA from HP Vidhan Sabha. Key issues examined included deductions claimed under Section 24(b) for interest on borrowed capital, motor car expenses, loans and advances, unsecured loans, and additional income of Rs. 1,25,00,000/- declared post a survey under Section 133A conducted on 04.03.2015. 3.2 Regarding Interest Claimed under Section

SH. GURINDER MAKKAR,LUDHIANA vs. DCIT, CC-3, LUDHIANA

In the result, the appeal of the assessee is disposed off in light of aforesaid directions

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

house property’, (iii) ‘profits and gains from business or profession’, (iv) ‘capital gains’ and (v) ‘income from other sources’ – cannot at all be adjusted against unexplained investment or expenditure. What is necessary as per Hon. Gujarat High Court is that source of acquisition of asset or expenditure should be clearly identifiable. In the case before Hon. Gujarat High Court

SAHIBZADA TIMBER AND PLY PRIVATE LIMITED ,MOHALI vs. DCIT, ACIT CENTRAL CIRCLE-2, CHANDIGARH, CHANDIGARH

In the result, the appeal of the assessee is dismissed

Bench: SHRI. VIKRAM SINGH YADAV, AM आयकर अपील सं./ ITA No. 699/Chd/2024 निर्धारण वर्ष / Assessment Year : 2019-20 M/s Sahibzada Timber & Ply Private Limited B41-42, Phase-3, Indl. Aera, SAS Nagar Mohali, Punjab बनाम The DCIT Central Circle-2 Chandigarh स्थायी लेखा सं./PAN NO: AAQCS2239G अपीलार्थी/Appellant प्रत्यर्थी/Respondent निर्धारिती की ओर से/Assessee by : Shri Mohit Dhiman, C.A राजस्व की ओर से/ Revenue by : Dr. Ranjeet Kaur, Sr. DR Shri Dharam Vir, Addl. CIT, Sr.DR सुनवाई की तारीख/Date of He

House India Private Limited (Income Tax Appeal No. 110 of 2016 (O& M) dated 24/01/2017) brought to notice of both the parties during the course of hearing and both the parties were heard. The question for consideration before the Hon’ble High Court was whether for the purposes of computing the capital gains on sale of land and building

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

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

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

Propertie Ltd. 6,00,000/- 18,60,000/- 7,30,000/- 67,671/- 2. M/s Punjab Apparel Park 6,77,280/- 6,77,280/- 6,77,280/- 62,784/- 3. Advance for purchase of 24,64,125/- 24,64,125/- 24,64,125/- 2,28,424/- plot 4. Ins. By Allahba Bank

M/S PAGRO FROZEN FOODS PVT. LTD.,CHANDIGARH vs. ITO, W-2(3), CHANDIGARH

The appeal of the Assessee is dismissed

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

property generated as result of the project will be owned wholly by Ministry of Food Processing Industries. Moving further the Ld. DR placed heavy reliance on endorsement in the letter at Serial No. 1 where copy of the letter was forwarded to “ The Director M/s Pagro Frozen Foods Private Limited, House No. 1763, Phase III-B2, Mohali, Punjab

CT EDUCATIONAL SOCIETY,JALANDHAR vs. DCIT, CHANDIGARH

In the result, the appeal filed by the Assessee is Partly Allowed for\nStatistical Purposes as per the directions above

property which is necessary for the attainment of object of society.\nIn this regard it is submitted that Hon'ble CIT(A) allowed this ground of appeal for\nstatistical purpose for the reason that assessee submitted documents which were\nnot filed with Ld. AO.\nSir, it is incorrect that assessee did not file documents with Ld. AO. In order

DCIT, C-1 (EXEMPTIONS), CHANDIGARH vs. THE INSTITUTION OF CIVIL ENGINEERS SOCIETY, LUDHIANA

In the result, appeal of the Revenue is dismissed

house at B-101, Lagoon Residential\nApartment, Ambience Island, NH-08, Gurgaon for Rs.2,15,90,000/-\nusing the funds of the assessee stating that these allegations have not\nled to any additions or disallowance and there is no need to discuss this\nissue, whereas it is a ground for proving non-charitable object of the\nassessee?\nvii)\nWhether

M/S YOGRAJ CHAUDHARY,YAMUNA NAGAR vs. ITO, WARD-5, YAMUNA NAGAR

property referred to in clause (vii) 20[or\nclause (viia)] of sub-section (2) of section 56;]\n11[(xvi) any consideration received for issue of shares as exceeds the fair market\nvalue of the shares referred to in clause (viib) of sub-section (2) of section\n56;]\n72[(xvii) any sum of money referred to in clause

ANJU,MOHALI vs. INCOME TAX OFFICER WARD 6 (1) , MOHALI

property referred to in clause (vii) 20[or\nclause (viia)] of sub-section (2) of section 56;]\n11[(xvi) any consideration received for issue of shares as exceeds the fair market\nvalue of the shares referred to in clause (viib) of sub-section (2) of section\n56;]\n72[(xvii) any sum of money referred to in clause

RAJBIR SINGH,VILL. GARHI BANJARA vs. ITO, WARD-3, YAMUNANAGAR

property referred to in clause (vii) 20[or\nclause (viia)] of sub-section (2) of section 56;]\n11[(xvi) any consideration received for issue of shares as exceeds the fair market\nvalue of the shares referred to in clause (viib) of sub-section (2) of section\n56;]\n72[(xvii) any sum of money referred to in clause

SH. KULBIR SINGH S/O SH. JAGIR SINGH,PINJORE vs. ITO, WARD 2, PANCHKULA

property referred to in clause (vii) 20[or\nclause (viia)] of sub-section (2) of section 56;]\n11[(xvi) any consideration received for issue of shares as exceeds the fair market\nvalue of the shares referred to in clause (viib) of sub-section (2) of section\n56;]\n72[(xvii) any sum of money referred to in clause

AMRINDER SINGH KHUBBER,AMBALA vs. ITO, W-5, AMBALA

property referred to in clause (vii) 20[or\nclause (viia)] of sub-section (2) of section 56;]\n11[(xvi) any consideration received for issue of shares as exceeds the fair market\nvalue of the shares referred to in clause (viib) of sub-section (2) of section\n56;]\n72[(xvii) any sum of money referred to in clause

BHUPINDER SINGH,AMBALA vs. INCOME TAX OFFICER, W-1, AMBALA, AMBALA

property referred to in clause (vii) 20[or\nclause (viia)] of sub-section (2) of section 56;]\n11[(xvi) any consideration received for issue of shares as exceeds the fair market\nvalue of the shares referred to in clause (viib) of sub-section (2) of section\n56;]\n72[(xvii) any sum of money referred to in clause

SAMAY SINGH,YAMUNANAGAR vs. ITO-WARD (5), YAMUNANAGAR

property referred to in clause (vii) 20[or\nclause (viia)] of sub-section (2) of section 56;]\n11[(xvi) any consideration received for issue of shares as exceeds the fair market\nvalue of the shares referred to in clause (viib) of sub-section (2) of section\n56;]\n72[(xvii) any sum of money referred to in clause

JARNAIL SINGH,VILLAGE BHAGWANPUR, KALKA vs. ITO, WARD-2, PANCHKULA

property referred to in clause (vii) 20[or\nclause (viia)] of sub-section (2) of section 56;]\n11[(xvi) any consideration received for issue of shares as exceeds the fair market\nvalue of the shares referred to in clause (viib) of sub-section (2) of section\n56;]\n72[(xvii) any sum of money referred to in clause

BALJEET KAUR,NADI MOHALLA AMBALA CITY vs. ITO WARD 1, AMBALA, AMBALA

property referred to in clause (vii) 20[or\nclause (viia)] of sub-section (2) of section 56;]\n11[(xvi) any consideration received for issue of shares as exceeds the fair market\nvalue of the shares referred to in clause (viib) of sub-section (2) of section\n56;]\n72[(xvii) any sum of money referred to in clause

SH. RAM LAL,CHANDIGARH vs. ITO, WARD-6(1), CHANDIGARH

property referred to in clause (vii) 20[or\nclause (viia)] of sub-section (2) of section 56;]\n71[(xvi) any consideration received for issue of shares as exceeds the fair market\nvalue of the shares referred to in clause (viib) of sub-section (2) of section\n56;]\n72[(xvii) any sum of money referred to in clause