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)

150. Issue penalty notice u/s 271 (1)(c) of the Income Tax Act, 1961. 6. Being aggrieved by the AO order dt. 10/02/2015 (supra) the assessee preferred an appeal before the Ld. CIT(A) who by an order dt. 05/06/2017 has sustained the additions. 7. The assessee being aggrieved by the aforesaid order of Ld. CIT(A) dt. 05/06/2017

SH. LALIT JAIN,CHANDIGARH vs. ACIT, C-4(1), CHANDIGARH

The appeals of the assessees are allowed for

Bench: Shri Satbeer Singh Godara & Smt. Annapurna Guptaआयकरअपीलसं./Ita No. 1074/Chd/2019 "नधा"रणवष" / Assessment Year: 2014-15 Shri Lalit Jain The Assistant Commissioner बनाम S.C.O. 371-372, 2Nd Floor, Of Income Tax Circle-4(1), Sector-35B, Chandigarh Chandigarh "थायीलेखासं./Pan No : Aaupj 0091Q अपीलाथ"/Appellant ""यथ"/Respondent

150/- in the case of Shri. Lalit Jain and 56,58,000/- in the case of Smt. Jyoti Jain. That the revised return filed by the assessee was assessed as ITA Nos. 1074&1075/Chd/2019 Lalit Jain & Jyoti Jain v. ACIT, Chandigarh 3 such in both cases and penalty proceedings u/s 271(1)(c) were initiated. That against the assessment order

SMT. JYOTI JAIN,CHANDIGARH vs. ACIT, C-4(1), CHANDIGARH

The appeals of the assessees are allowed for

Bench: Shri Satbeer Singh Godara & Smt. Annapurna Guptaआयकरअपीलसं./Ita No. 1074/Chd/2019 "नधा"रणवष" / Assessment Year: 2014-15 Shri Lalit Jain The Assistant Commissioner बनाम S.C.O. 371-372, 2Nd Floor, Of Income Tax Circle-4(1), Sector-35B, Chandigarh Chandigarh "थायीलेखासं./Pan No : Aaupj 0091Q अपीलाथ"/Appellant ""यथ"/Respondent

150/- in the case of Shri. Lalit Jain and 56,58,000/- in the case of Smt. Jyoti Jain. That the revised return filed by the assessee was assessed as ITA Nos. 1074&1075/Chd/2019 Lalit Jain & Jyoti Jain v. ACIT, Chandigarh 3 such in both cases and penalty proceedings u/s 271(1)(c) were initiated. That against the assessment order

DCIT, C-5, LUDHIANA vs. M/S HERO CYCLES LTD., LUDHIANA

In the result, appeal of the Department is dismissed and the Cross

Penalty proceeding u/s 271(l)(c) is initiated separately for furnishing inaccurate particulars of income as discussed above. D) Disallowance of Interest u/s 36(l)(iii) on Share Application Money:- On the details has submitted by the assessee regarding investments it is seen that the assessee has invested certain sum of its money as mentioned below under the head share

HUSNA BEGAM,YAMUNA NAGAR, HARYANA vs. INCOME TAX OFFICER, WARD-2, YAMUNA NAGAR, YAMUNA NAGAR, HARYANA

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

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

u/s 144 by the AO, without appreciating the fact that the investment of Rs. 1,03,09,200/- was made out of the sale proceeds of agricultural land amounting to Rs. 78,70,000/- and out of the agricultural income of the assessee and there was legitimate sources for purchase of agricultural land. 6. That the learned

RAJESH POPLI,SHIMLA vs. DCIT, CHANDIGARH

In the result, appeal of the Assessee is partly allowed

Bench: For Imposition Of Penalty U/S271(L)(C).

section 271(1)(c) of Rs. 3,17,525/- . The penalty so imposed is illegal and has wrongly been upheld. 2. That the order of the Ld. Commissioner of Income Tax (Appeals) is bad in law and facts. 3. Facts taken from the order of the Ld. CIT(A) are that a search & seizure operation u/s

RAJESH POPLI,SHIMLA vs. DCIT, CHANDIGARH

In the result, appeal of the Assessee is partly allowed

u/s 139 of the Income Tax Act,1961 on 07.07.2012 showing a total income of Rs. 8,94,195/-. 4. During the search an amount of Rs. 21,46,150/- has been found at the premises belonging to the assessee out of which an amount of Rs. 640503/- was treated as undisclosed income. Further jewellery valued

M/S ASHA TECHNOLOGIES,KALA AMB vs. ITO, SIRMOUR

In the result, both the above appeals of the Assessee are partly allowed as aforesaid in respect of impugned orders dt

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

271(1) (b) of the Income Tax Act 1961 was also issued vide letter No.763 dated 17.8.2009 for non-furnishing of information. In all these cases, hearing was fixed on 19.8.2009. On this date, the assessee furnished reply, vide letter dated 17.8.2009 of its CA, Sh.Manoj Gupta vide which it furnished some of the addresses of the account holders

M/S ASHA TECHNOLOGIES,SIRMOUR vs. ADDL. CIT, SOLAN

In the result, both the above appeals of the Assessee are partly allowed as aforesaid in respect of impugned orders dt

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

271(1) (b) of the Income Tax Act 1961 was also issued vide letter No.763 dated 17.8.2009 for non-furnishing of information. In all these cases, hearing was fixed on 19.8.2009. On this date, the assessee furnished reply, vide letter dated 17.8.2009 of its CA, Sh.Manoj Gupta vide which it furnished some of the addresses of the account holders

THE SHAHABAD COOP. SUGAR MILLS,SHAHABAD vs. ACIT, CIRCLE, KURUKSHETRA

The appeal is disposed off accordingly as aforesaid

Bench: Us:

150 (KER)[2018]) dated 02.07.2018 that the effect of Sections 2(24)(x) and 36(1)(va) of the IT Act, 1961 would make available deductions only if contributions are paid within the due dates prescribed in the respective statutes. The non-obstante clause of Section 43B of the IT Act has no effect in so far as employees contribution

SH. GAURAV PATHAK,LUDHIANA vs. ACIT, CENTRAL CIRCLE-1, LUDHIANA

In the result, the ground no

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

section 147 r.w.s 144 of the Act, dt. 17/12/2019 wherein an amount of Rs. 2,62,37,267/- was brought to tax in the hands of the assessee for the reason that the assessee was involved in doing business of accommodation entry and has earned commission income which was determined by the AO at the rate

M/S PUNJAB CHEMICALS & CROP. PROTECTION LTD.,CHANDIGARH vs. ADDL. CIT, CHANDIGARH

The appeals of the assessee are allowed for statistical purposes

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2008-09

150 reflected in the returns of income tax on which STT was paid. The same be charged as per the provisions of law. 10. As per the facts and circumstance of the case and as per the provisions of law, the assessing officer has erred in not allowing tax credit eligible u/s 115JAA as detailed below from the tax payable

PUNJAB CHEMICALS & CROP. PROTECTION LTD.,CHANDIGARH vs. DCIT, CHANDIGARH

The appeals of the assessee are allowed for statistical purposes

Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2008-09

150 reflected in the returns of income tax on which STT was paid. The same be charged as per the provisions of law. 10. As per the facts and circumstance of the case and as per the provisions of law, the assessing officer has erred in not allowing tax credit eligible u/s 115JAA as detailed below from the tax payable

DCIT, LUDHIANA vs. M/S INCITE HOMECARE PVT. LTD., LUDHIANA

In the result, the appeal of the Revenue is dismissed

Bench: Ms. Diva Singh & Dr. B.R.R.Kumarassessment Year: 2011-12

Penalty proceedings u/s 271(l)(c) are initiated on this point for furnishing inaccurate particular income. 9.1. A perusal of the impugned order shows that considering the written submissions of the assessee and the arguments advanced, the CIT(A) deleted the addition holding as under : 14. I have carefully considered the appellant's various submission. I have also gone through

THE PUNJAB STATE FEDERATION OF COOPERATIVE HOUSE BUILDING SOCIETIES LTD.,CHANDIGARH vs. ACIT, CHANDIGARH

In the result, both the above appeals of the Assessee are dismissed

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

150-152, Sector-34A, Chandigarh "ायी लेखा सं./PAN NO: AAAAT0759L अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Atul Goyal, C.A (Virtual Mode) राज" की ओर से/ Revenue by : Dr. Ranjit Kaur, Addl. CIT, Sr. DR सुनवाई की तारीख/Date of Hearing : 15/01/2026 उदघोषणा की तारीख/Date of Pronouncement : 19/01/2026 आदेश/Order PER LALIET KUMAR

THE PUNJAB STATE FEDERATION OF COOPERATIVE HOUSE BUILDING SOCIETIES LTD.,CHANDIGARH vs. DCIT, CHANDIGARH

In the result, both the above appeals of the Assessee are dismissed

Bench: the appeal is finally heard.

150-152, Sector-34A, Chandigarh "ायी लेखा सं./PAN NO: AAAAT0759L अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Atul Goyal, C.A (Virtual Mode) राज" की ओर से/ Revenue by : Dr. Ranjit Kaur, Addl. CIT, Sr. DR सुनवाई की तारीख/Date of Hearing : 15/01/2026 उदघोषणा की तारीख/Date of Pronouncement : 19/01/2026 आदेश/Order PER LALIET KUMAR

DAMANDEEP KAUR,MOHALI vs. ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE-2), CHANDIGARH, CHANDIGARH

In the result, all appeals of the assessee are allowed

271 | 94 | Non-Resident\n| | 07-01-2017 | 31.03.2017 | 83 | | | \n| 2017-18 | 01.04.2017 | 18-07-2017 | 108 | 328 | 37 | Non-Resident\n\n| | 23-08-2017 | 31.03.2018 | 220 | | | \n| 2018-19 | 01.04.2018 | 31-03-2019 | 365 | 365 | 0 | Non-Resident

DAMANDEEP KAUR,MOHALI vs. ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE-2), CHANDIGARH, CHANDIGARH

In the result, all appeals of the assessee are allowed

271 | 94 | Non-Resident\n| | 07-01-2017\n31.03.2017 | 83 | | |\n| 2017-18 | 01.04.2017\n18-07-2017 | 108 | 328 | 37 | Non-Resident\n\n| | 23-08-2017\n31.03.2018 | 220 | | |\n| 2018-19 | 01.04.2018\n31-03-2019 | 365 | 365 | 0 | Non-Resident\n| | 01-04-2019\n09-07-2019 | 99 | | |\n| 2019-20 | | 323 | 43 | Non-Resident