DCIT, CHANDIGARH vs. SH. KULWANT SINGH, MOHALI

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumar

section 271(1)(c) of the Act, the income, the particulars relating to which has been concealed by the assessee, is to be considered for computing the tax sought to be evaded. That the assessments for the assessment years 2010-11, 2011-12, and 2012-13 were pending as on the date of search and, hence, they stood abated

DCIT, CHANDIGARH vs. SH. PARAMJIT SINGH, MOHALI

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumar

section 271(1)(c) of the Act, the income, the particulars relating to which has been concealed by the assessee, is to be considered for computing the tax sought to be evaded. That the assessments for the assessment years 2010-11, 2011-12, and 2012-13 were pending as on the date of search and, hence, they stood abated

DCIT, CHANDIGARH vs. SMT. JASWANT KAUR, MOHALI

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumar

section 271(1)(c) of the Act, the income, the particulars relating to which has been concealed by the assessee, is to be considered for computing the tax sought to be evaded. That the assessments for the assessment years 2010-11, 2011-12, and 2012-13 were pending as on the date of search and, hence, they stood abated

DCIT, CHANDIGARH vs. SH. KULWANT SINGH, MOHALI

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumar

section 271(1)(c) of the Act, the income, the particulars relating to which has been concealed by the assessee, is to be considered for computing the tax sought to be evaded. That the assessments for the assessment years 2010-11, 2011-12, and 2012-13 were pending as on the date of search and, hence, they stood abated

DCIT, CHANDIGARH vs. SMT. JASWANT KAUR, MOHALI

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumar

section 271(1)(c) of the Act, the income, the particulars relating to which has been concealed by the assessee, is to be considered for computing the tax sought to be evaded. That the assessments for the assessment years 2010-11, 2011-12, and 2012-13 were pending as on the date of search and, hence, they stood abated

SH. PAWAN SAHNI,SOLAN vs. DCIT, CC-II, CHANDIGARH

The appeal of the assessee is allowed

234 (DELHI HC) Section 271AAA, read with section 69, of the Income-tax Act, 1961 - Penalty - Where search has been initiated [Conditions precedent] - A certain sum was surrendered as undisclosed income by an AOP at time of search - Taxes and applicable interest were paid on undisclosed income and manner of earning was recorded in statement of one of members

SMT. SUREKHA THUKRAL ,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Appeal of the Assessee is allowed

u/s 271(1) (c) in respect of addition to the income against the amount offered by the assessee under agreement with Assessing Officer that amount is being surrendered to buy the peace of mind if Assessing Officer agrees not to initiate any penalty proceeding. 6. That assessee prays to your honor for permission to take any additional ground before

SH. DINESH SETHI,LUDHIANA vs. ITO, LUDHIANA

The appeals are dismissed

Bench: Shri Rajpal Yadav & Shri Manoj Kumar Aggarwalआयकर अपील सं./ Ita No. 376/Chd/2014 & "नधा"रण वष" / Assessment Year : 2006-07 Shri Janesh Sethi, Legal Heir Of बनाम The Ito, Late Shri Dinesh Sethi, Ward – 1(1), Vs Prop. M/S R.S. Trading Corp., Ludhiana. C-434, Urban Estate Focal Point, Ludhiana. "थायी लेखा सं./Pan /Tan No: Aaqpk1200Q अपीलाथ"/Appellant ""यथ"/Respondent "नधा"रती क" ओर से/Assessee By : Shri Sudhir Sehgal, Advocate राज"व क" ओर से/ Revenue By : Shri Manav Bansal, Cit Dr तार"ख/Date Of Hearing : 23.06.2025 उदघोषणा क" तार"ख/Date Of Pronouncement : 04.8.2025

penalty order passed u/s 271(1)(c) vide order dated 25.06.2009 against whom appeal has been dismissed by the CIT (Appeals) by way of the impugned order). 2. It has been brought to our notice that assessee Shri Dinesh Sethi has died on 14.02.2024. Death Certificate of the assessee has been annexed by the ld. counsel for the assessee

SHRI DINESH SETHI,LUDHIANA vs. ITO, LUDHIANA

The appeals are dismissed

Bench: Shri Rajpal Yadav & Shri Manoj Kumar Aggarwalआयकर अपील सं./ Ita No. 376/Chd/2014 & "नधा"रण वष" / Assessment Year : 2006-07 Shri Janesh Sethi, Legal Heir Of बनाम The Ito, Late Shri Dinesh Sethi, Ward – 1(1), Vs Prop. M/S R.S. Trading Corp., Ludhiana. C-434, Urban Estate Focal Point, Ludhiana. "थायी लेखा सं./Pan /Tan No: Aaqpk1200Q अपीलाथ"/Appellant ""यथ"/Respondent "नधा"रती क" ओर से/Assessee By : Shri Sudhir Sehgal, Advocate राज"व क" ओर से/ Revenue By : Shri Manav Bansal, Cit Dr तार"ख/Date Of Hearing : 23.06.2025 उदघोषणा क" तार"ख/Date Of Pronouncement : 04.8.2025

penalty order passed u/s 271(1)(c) vide order dated 25.06.2009 against whom appeal has been dismissed by the CIT (Appeals) by way of the impugned order). 2. It has been brought to our notice that assessee Shri Dinesh Sethi has died on 14.02.2024. Death Certificate of the assessee has been annexed by the ld. counsel for the assessee

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

DCIT, SANGRUR vs. M/S H.M. STEEL LTD., SANGRUR

In the result, this appeal of the Revenue is partly allowed

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumarआयकर अपील सं Ita No. 366/Chd/2013 "नधा"रण वष" / Assessment Year : 2008-09

234-C, on the facts and circumstances of the case, which has been wrongly and illegally charged and levied. 8. That the appellant craves permission to elucidate, amend, alter, add or delete any ground of appeal at the time of hearing. ITA Nos..366/Chd/2013, 583 to 584 & 589 to 590/Chd/2014,585/Chd/2013 587/Chd/2014 & 1101/Chd/2016- H.M. Steels & Padmawati Steel Ltd., Sangrur

H.M. STEELS LTD.,SANGRUR vs. ACIT, SANGRUR

In the result, this appeal of the Revenue is partly allowed

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumarआयकर अपील सं Ita No. 366/Chd/2013 "नधा"रण वष" / Assessment Year : 2008-09

234-C, on the facts and circumstances of the case, which has been wrongly and illegally charged and levied. 8. That the appellant craves permission to elucidate, amend, alter, add or delete any ground of appeal at the time of hearing. ITA Nos..366/Chd/2013, 583 to 584 & 589 to 590/Chd/2014,585/Chd/2013 587/Chd/2014 & 1101/Chd/2016- H.M. Steels & Padmawati Steel Ltd., Sangrur

H.M. STEELS LTD.,SANGRUR vs. ACIT, SANGRUR

In the result, this appeal of the Revenue is partly allowed

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumarआयकर अपील सं Ita No. 366/Chd/2013 "नधा"रण वष" / Assessment Year : 2008-09

234-C, on the facts and circumstances of the case, which has been wrongly and illegally charged and levied. 8. That the appellant craves permission to elucidate, amend, alter, add or delete any ground of appeal at the time of hearing. ITA Nos..366/Chd/2013, 583 to 584 & 589 to 590/Chd/2014,585/Chd/2013 587/Chd/2014 & 1101/Chd/2016- H.M. Steels & Padmawati Steel Ltd., Sangrur

M/S H.M. STEEL LTD.,SANGRUR vs. ADDL. CIT, SANGRUR

In the result, this appeal of the Revenue is partly allowed

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumarआयकर अपील सं Ita No. 366/Chd/2013 "नधा"रण वष" / Assessment Year : 2008-09

234-C, on the facts and circumstances of the case, which has been wrongly and illegally charged and levied. 8. That the appellant craves permission to elucidate, amend, alter, add or delete any ground of appeal at the time of hearing. ITA Nos..366/Chd/2013, 583 to 584 & 589 to 590/Chd/2014,585/Chd/2013 587/Chd/2014 & 1101/Chd/2016- H.M. Steels & Padmawati Steel Ltd., Sangrur

ACIT, SANGRUR vs. M/S H.M.STEELS LTD, DIRBA

In the result, this appeal of the Revenue is partly allowed

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumarआयकर अपील सं Ita No. 366/Chd/2013 "नधा"रण वष" / Assessment Year : 2008-09

234-C, on the facts and circumstances of the case, which has been wrongly and illegally charged and levied. 8. That the appellant craves permission to elucidate, amend, alter, add or delete any ground of appeal at the time of hearing. ITA Nos..366/Chd/2013, 583 to 584 & 589 to 590/Chd/2014,585/Chd/2013 587/Chd/2014 & 1101/Chd/2016- H.M. Steels & Padmawati Steel Ltd., Sangrur

DCIT, SANGRUR vs. M/S H.M. STEEL LTD., SANGRUR

In the result, this appeal of the Revenue is partly allowed

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumarआयकर अपील सं Ita No. 366/Chd/2013 "नधा"रण वष" / Assessment Year : 2008-09

234-C, on the facts and circumstances of the case, which has been wrongly and illegally charged and levied. 8. That the appellant craves permission to elucidate, amend, alter, add or delete any ground of appeal at the time of hearing. ITA Nos..366/Chd/2013, 583 to 584 & 589 to 590/Chd/2014,585/Chd/2013 587/Chd/2014 & 1101/Chd/2016- H.M. Steels & Padmawati Steel Ltd., Sangrur

DCIT, SANGRUR vs. M/S H.M. STEEL LTD., SANGRUR

In the result, this appeal of the Revenue is partly allowed

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumarआयकर अपील सं Ita No. 366/Chd/2013 "नधा"रण वष" / Assessment Year : 2008-09

234-C, on the facts and circumstances of the case, which has been wrongly and illegally charged and levied. 8. That the appellant craves permission to elucidate, amend, alter, add or delete any ground of appeal at the time of hearing. ITA Nos..366/Chd/2013, 583 to 584 & 589 to 590/Chd/2014,585/Chd/2013 587/Chd/2014 & 1101/Chd/2016- H.M. Steels & Padmawati Steel Ltd., Sangrur

SH. KRISHAN KUMAR GOYAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

In the result, both the appeals of the assessee stand allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकर अपील सं./ Ita No. 226/Chd/2019 "नधा"रण वष" / Assessment Year : 2007-08 The Dcit, Shri Krishan Kumar Goyal, बनाम Central Circle-1, Prop Sagar Enterprise, Chandigarh Scf 153, Sector 26, Grain Market, Chandigarh "थायी लेखा सं./Pan No. Agipk9063H अपीलाथ"/Appellant ""यथ"/Respondent & आयकर अपील सं./ Ita No. 456/Chd/2019 "नधा"रण वष" / Assessment Year : 2007-08 The Dcit, Shri Krishan Kumar Goyal, बनाम Central Circle-1, Prop Sagar Enterprise, Chandigarh Scf 153, Sector 26, Grain Market, Chandigarh "थायी लेखा सं./Pan No. Agipk9063H अपीलाथ"/Appellant ""यथ"/Respondent

234 Taxman 300 ( Delhi) and in “Principal CIT Vs. Meeta Gutgutia Prop M/s Ferns ‘N’ Petals”, ITA 306/2017 and others decided vide order dated 25.5.2017. 6. The ld. DR, on the other hand, has submitted that original assessment proceedings were not completed u/s 143(3) of the Act rather the returns filed by the assessee was processed u/s