DCIT, CHANDIGARH vs. SH. KULWANT SINGH, MOHALI

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

71, Chandigarh Mohali "थायी लेखा सं./PAN NO: ACLPK6637Q Appeal against the order of CIT(A)-3, Gurgaon dated 28.10.2016 IN DIVISION BENCH, ‘B’, CHANDIGARH आयकर अपील सं./ ITA Nos. 45 to 47/CHD/2017 "नधा"रण वष" / Assessment Years : 2008-09, 2009-10, & 2011-12 The DCIT, Central Circle-1, Smt. Manjit Kaur, बनाम Chandigarh #201, Sector 16-A, Chandigarh "थायी

DCIT, CHANDIGARH vs. SH. PARAMJIT SINGH, MOHALI

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

71, Chandigarh Mohali "थायी लेखा सं./PAN NO: ACLPK6637Q Appeal against the order of CIT(A)-3, Gurgaon dated 28.10.2016 IN DIVISION BENCH, ‘B’, CHANDIGARH आयकर अपील सं./ ITA Nos. 45 to 47/CHD/2017 "नधा"रण वष" / Assessment Years : 2008-09, 2009-10, & 2011-12 The DCIT, Central Circle-1, Smt. Manjit Kaur, बनाम Chandigarh #201, Sector 16-A, Chandigarh "थायी

DCIT, CHANDIGARH vs. SH. PARAMJIT SINGH, MOHALI

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

71, Chandigarh Mohali "थायी लेखा सं./PAN NO: ACLPK6637Q Appeal against the order of CIT(A)-3, Gurgaon dated 28.10.2016 IN DIVISION BENCH, ‘B’, CHANDIGARH आयकर अपील सं./ ITA Nos. 45 to 47/CHD/2017 "नधा"रण वष" / Assessment Years : 2008-09, 2009-10, & 2011-12 The DCIT, Central Circle-1, Smt. Manjit Kaur, बनाम Chandigarh #201, Sector 16-A, Chandigarh "थायी

DCIT, CHANDIGARH vs. SH. KULWANT SINGH, MOHALI

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

71, Chandigarh Mohali "थायी लेखा सं./PAN NO: ACLPK6637Q Appeal against the order of CIT(A)-3, Gurgaon dated 28.10.2016 IN DIVISION BENCH, ‘B’, CHANDIGARH आयकर अपील सं./ ITA Nos. 45 to 47/CHD/2017 "नधा"रण वष" / Assessment Years : 2008-09, 2009-10, & 2011-12 The DCIT, Central Circle-1, Smt. Manjit Kaur, बनाम Chandigarh #201, Sector 16-A, Chandigarh "थायी

DCIT, CHANDIGARH vs. SMT. JASWANT KAUR, MOHALI

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

71, Chandigarh Mohali "थायी लेखा सं./PAN NO: ACLPK6637Q Appeal against the order of CIT(A)-3, Gurgaon dated 28.10.2016 IN DIVISION BENCH, ‘B’, CHANDIGARH आयकर अपील सं./ ITA Nos. 45 to 47/CHD/2017 "नधा"रण वष" / Assessment Years : 2008-09, 2009-10, & 2011-12 The DCIT, Central Circle-1, Smt. Manjit Kaur, बनाम Chandigarh #201, Sector 16-A, Chandigarh "थायी

HYCRON ELECTRONICS vs. DY.COMMISSIONER OF INCOME TAX,

Appeal of the Revenue is dismissed and appeal of the assessee is allowed

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

Section 2 71(1){c) would embrace the details of the claim made. Where no information given in the return is found to be incorrect or inaccurate, the assessee cannot be held guilty of furnishing inaccurate particulars. In order to expose the assessee to penalty, unless the case is strictly covered by the provisions, the penalty provision cannot be invoked

DCIT, PARWANOO vs. M/S HYCRON ELECTRONICS, SOLAN

Appeal of the Revenue is dismissed and appeal of the assessee is allowed

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

Section 2 71(1){c) would embrace the details of the claim made. Where no information given in the return is found to be incorrect or inaccurate, the assessee cannot be held guilty of furnishing inaccurate particulars. In order to expose the assessee to penalty, unless the case is strictly covered by the provisions, the penalty provision cannot be invoked

SH RAMESH KUMAR DUDANI,MOHALI vs. DCIT,CIRCLE -6(1), MOHALI

In the result, appeal of the Assessee is allowed

71,060/- against the returned income of Rs. 20,33,820/- by making the following addition: 1. Addition of Rs. 81,072/- on account of less income shown under the head Income from other sources". 2. Addition of Rs.3,15,213/-was made on account of assessee is claiming depreciation on the entire block of "Building and Plant & Machinery

BALWINDER SINGH,SANGRUR vs. ITO, WARD, SUNAM

In the result, the appeal of the assessee is allowed

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

71 & 74/Ahd/2021 A.Y.2011-12, the Tribunal has held that - “A perusal of the above provisions of u/s. 271(1)(b) and u/s. 271F shows that the Parliament has used the words "may" and not "shall", thereby making their intention clear in as much as that levy of Penalty is discretionary and not automatic. The said conclusion is further justified by Section

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

M/S TRIVIKRAM REAL ESTATE DEVELOPER & CONSULTANTS PVT. LTD.,MOHALI vs. ITO, W-6(1), MOHALI

In the result, appeal of the Assessee is allowed

71,36,150/- 0n total turnover at Rs.6,51,00,000/.- excluding turnover declared for the AY2012-13. The assessment for the AY 2013- 14 has been completed on 30.03.2016 accepting turnover and net profit declared as per revised return. 8. The Assessing Officer levied penalty under section 271(1) (c) on the income declared by the Assessee

M/S YAMUNA POWER & INFRASTRUCTURE LTD.,JAGADHRI vs. DCIT, CIRCLE, YAMUNANAGAR

In the result, the appeal of the assessee is allowed

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

271 AA o f the Act the appellant was asked to provide any details/copies o f account of such transactions. No such notice/questionnaire/order sheet entry in this regard is available on record/file o f the appellant with the department. The Ld. Assessing Officer while levying the impugned penalty has time and again referred to the failure on part

RAJBIR SINGH WALIA,CHANDIGARH vs. DCIT, C-I(I), CHANDIGARH

In the result, ITA 59/CHD/2015 is partly allowed and ITA

penalty u/s 271(l)(c) of the Act consequent to the additions made in quantum proceedings vide his order dated 27.02.2018. Since both the issues are inter-related, they were therefore taken up together for hearing. ITA - 59/CHD/2015 & ITA -413/CHD/2018 Page 2 of 9 2. We shall first be dealing in the assessee's appeal in quantum proceedings

RAJBIR SINGH WALIA,CHANDIGARH vs. DCIT, CHANDIGARH

In the result, ITA 59/CHD/2015 is partly allowed and ITA

penalty u/s 271(l)(c) of the Act consequent to the additions made in quantum proceedings vide his order dated 27.02.2018. Since both the issues are inter-related, they were therefore taken up together for hearing. ITA - 59/CHD/2015 & ITA -413/CHD/2018 Page 2 of 9 2. We shall first be dealing in the assessee's appeal in quantum proceedings

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

section 24 of the Income tax Act. This ground is accordingly allowed and the Assessing officer is directed to allow the standard deduction as per the provisions of the Act out of the rental income while computing the total income of the assessee. 48. Ground No.6 : This ground is in relation to disallowance of interest expenditure u/s

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

section 24 of the Income tax Act. This ground is accordingly allowed and the Assessing officer is directed to allow the standard deduction as per the provisions of the Act out of the rental income while computing the total income of the assessee. 48. Ground No.6 : This ground is in relation to disallowance of interest expenditure u/s

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

section 24 of the Income tax Act. This ground is accordingly allowed and the Assessing officer is directed to allow the standard deduction as per the provisions of the Act out of the rental income while computing the total income of the assessee. 48. Ground No.6 : This ground is in relation to disallowance of interest expenditure u/s