PARAS AND SHUBHAM CHAUDHARY LEGAL HEIR OF KANHAIYA LAL,PANCHKULA vs. ITO, WARD 2, PANCHKULA

In the result, appeal of the assessee is allowed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahay

House No.99, Vs Ward No. 2, Sector 4, Panchkula. Panchkula. "थायी लेखा सं./PAN NO: CAHPP6878A अपीलाथ"/Appellant ""यथ"/Respondent Assessee by : Shri Rishab Gupta & Shri Mukesh Aggarwal,CAs Revenue by : Shri Vivek Vardhan, Addl. CIT Sr.DR Date of Hearing : 10.09.2025 Date of Pronouncement : 24.09.2025 PHYSICAL HEARING O R D E R PER RAJ PAL YADAV, VP The present appeal

ITO, W-1(3), CHANDIGARH vs. SMT. RENU ANAND, CHANDIGARH

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

property i.e; House No. A-16, Mayfair Garden, New Delhi of Rs. 20 Crores plus Stamp Duty. That the assessee was required to explain the source of making 6. investment of the transaction amount of Rs. 20 Crores plus stamp duty in joint name with Shri Onkar Anand (Husband of the Assessee) who expired on 21/03/2014 of Rs. 21 Crores

JAGMOHAN KAUR BAJWA LEGAL HEIR OF LT.JASKIRAN SINGH BAJWA,CHANDIGARH vs. ITO, W-3(1), CHANDIGARH

In the result, the appeal of the Legal heir of the deceased assessee is allowed

Bench: The Date Of Hearing Of Appeal.

section 131 of the Income Tax Act, 1961 and therefore failed to carry out his onus to disprove the submitted documentary evidence The reasons stated by the Ld, AO for not accepting the submissions of the assessee in respect to the funds received from Sh. Maninder Singh Sahi are rebutted point wise as under: i) The assessee was changing

CHANDIGARH EDUCATIONAL SOCIETY,MOHALI vs. PR.CIT(CENTRAL)-GURGAON, AT CHANDIGARH

property of the trust for direct or indirect benefit to the persons mentioned u/s 13(3) of the Act. 5.9 Ld. Pr. CIT was of the view that conspectus of decisions on the subject provides that at the time of granting registration under section 12AA(1) of the Act, only the objects and purposes are required to be seen

CHANDIGARH EDUCATIONAL TRUST,MOHALI vs. PR.CIT-CENTRAL,GURGAON, AT CHANDIGARH

property of the trust for direct or indirect benefit to the persons mentioned u/s 13(3) of the Act. 5.9 Ld. Pr. CIT was of the view that conspectus of decisions on the subject provides that at the time of granting registration under section 12AA(1) of the Act, only the objects and purposes are required to be seen

SHRI GURU RAM DASS EDUCATIONAL SOCIETY,MOHALI vs. PR.CIT(CENTRAL) GURGAON, AT CHANDIGARH

property of the trust for direct or indirect benefit to the persons mentioned u/s 13(3) of the Act. 5.9 Ld. Pr. CIT was of the view that conspectus of decisions on the subject provides that at the time of granting registration under section 12AA(1) of the Act, only the objects and purposes are required to be seen

M/S MANAV MANGAL SOCIETY,CHANDIGARH vs. DCIT, C-1, (E), CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

211/- Rent Paid 12,15,000/- 14,76,000/- 17,00,072/- 43,91,072/- Total Payments 1,23,56,699/- 1,34,48,633/- 1,76,64,823/- 4,34,70,155/- Total receipts 17,99,89,339/- 22,65,47,770/- 25,22,04,277/- 65,87,41,386/- % of total receipts 6.86% 5.93% 7.0% 6.5% On perusal

DCIT,CIRCLE-1(EXEMPTION), CHANDIGARH vs. M/S MANAV MANGAL SCHOOL( MANAV MANGAL SOCIETY), CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

211/- Rent Paid 12,15,000/- 14,76,000/- 17,00,072/- 43,91,072/- Total Payments 1,23,56,699/- 1,34,48,633/- 1,76,64,823/- 4,34,70,155/- Total receipts 17,99,89,339/- 22,65,47,770/- 25,22,04,277/- 65,87,41,386/- % of total receipts 6.86% 5.93% 7.0% 6.5% On perusal

DCIT, C-1, (E), CHANDIGARH vs. M/S MANAV MANGAL SOCIETY, CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

211/- Rent Paid 12,15,000/- 14,76,000/- 17,00,072/- 43,91,072/- Total Payments 1,23,56,699/- 1,34,48,633/- 1,76,64,823/- 4,34,70,155/- Total receipts 17,99,89,339/- 22,65,47,770/- 25,22,04,277/- 65,87,41,386/- % of total receipts 6.86% 5.93% 7.0% 6.5% On perusal

DCIT, C-1, (E), CHANDIGARH vs. M/S MANAV MANGAL SOCIETY, CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

211/- Rent Paid 12,15,000/- 14,76,000/- 17,00,072/- 43,91,072/- Total Payments 1,23,56,699/- 1,34,48,633/- 1,76,64,823/- 4,34,70,155/- Total receipts 17,99,89,339/- 22,65,47,770/- 25,22,04,277/- 65,87,41,386/- % of total receipts 6.86% 5.93% 7.0% 6.5% On perusal

DCIT, C-1, (E), CHANDIGARH vs. M/S MANAV MANGAL SOCIETY, CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

211/- Rent Paid 12,15,000/- 14,76,000/- 17,00,072/- 43,91,072/- Total Payments 1,23,56,699/- 1,34,48,633/- 1,76,64,823/- 4,34,70,155/- Total receipts 17,99,89,339/- 22,65,47,770/- 25,22,04,277/- 65,87,41,386/- % of total receipts 6.86% 5.93% 7.0% 6.5% On perusal

DCIT, C-1, (E), CHANDIGARH vs. M/S MANAV MANGAL SOCIETY, CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

211/- Rent Paid 12,15,000/- 14,76,000/- 17,00,072/- 43,91,072/- Total Payments 1,23,56,699/- 1,34,48,633/- 1,76,64,823/- 4,34,70,155/- Total receipts 17,99,89,339/- 22,65,47,770/- 25,22,04,277/- 65,87,41,386/- % of total receipts 6.86% 5.93% 7.0% 6.5% On perusal

DCIT, C-1, (E), CHANDIGARH vs. M/S MANAV MANGAL SOCIETY, CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

211/- Rent Paid 12,15,000/- 14,76,000/- 17,00,072/- 43,91,072/- Total Payments 1,23,56,699/- 1,34,48,633/- 1,76,64,823/- 4,34,70,155/- Total receipts 17,99,89,339/- 22,65,47,770/- 25,22,04,277/- 65,87,41,386/- % of total receipts 6.86% 5.93% 7.0% 6.5% On perusal

M/S MANAV MANGAL SOCIETY,CHANDIGARH vs. DCIT, C-1, (E), CHANDIGARH

In the result, all the appeals of the assessee are allowed and all the appeals of the department are dismissed

211/- Rent Paid 12,15,000/- 14,76,000/- 17,00,072/- 43,91,072/- Total Payments 1,23,56,699/- 1,34,48,633/- 1,76,64,823/- 4,34,70,155/- Total receipts 17,99,89,339/- 22,65,47,770/- 25,22,04,277/- 65,87,41,386/- % of total receipts 6.86% 5.93% 7.0% 6.5% On perusal

DHUNI CHAND HUF,SIRSA vs. PCIT, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

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

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex

SH. RANDHIR SINGH,SIRSA vs. PCIT ROHTAK, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

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

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex

SH. KASHMIR SINGH SANDHA,SIRSA vs. PCIT, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

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

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex

SH. PARAMJEET SINGH,SIRSA vs. PCIT, ROHTAK

In the result, all the above appeals filed by the respective assessee’s are dismissed

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

section 2 of section 56, clause(iv) in section 57 and clause (b) in Section 145A w.e.f. 01.04.2010. From the assessment year 2010-11 onwards, the amount of compensation or enhanced compensation is taxable as "income from other sources" after allowing deduction of a sum equal to 50% of such income in the year of receipt The Hon'ble Apex