M/S GANESH DASS 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. 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. ARVAIL 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

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

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

ACIT, CIRCLE 1(1), CHANDIGARH vs. M/S SML ISUZU LTD., CHANDIGARH

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

2. On the facts of the case and in law, Ld. CIT(A) has erred in allowing the appeal of the assessee by holding that proceedings initiated u/s 147/148 are based merely on the change of opinion whereas no finding had been mentioned in the original assessment order on the issue considered for issuance of notice

S.P. SINGLA CONSTRUCTION PRIVATE LIMITED,DELHI vs. DEPUTY COMMISSIONER OF INCOME TAX, CHANDIGARH

In the result, the appeal is allowed

Bench: SHRI MAHAVIR SINGH (Vice President), SHRI KRINWANT SAHAY (Accountant Member)

reassessment shall be issued by the Assessing Officer for the relevant assessment year or years unless- (a) the assessing officer has in his possession books of account or other documents or evidence which reveal that the income, represented in the form of asset, which has escaped assessment amounts to or is likely to amount fifty lakh rupees or more

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

164 (2) of I. T. Act. 4.3 Assessee's reply regarding section 13 (2) and various case laws regarding this duly considered but not accepted because assessee has failed to prove that the amounts paid to specified persons are reasonable and should be allowed u/s 13 (2) of I.T.Act,1961. All these persons are not getting genuine and reasonable salary

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

164 (2) of I. T. Act. 4.3 Assessee's reply regarding section 13 (2) and various case laws regarding this duly considered but not accepted because assessee has failed to prove that the amounts paid to specified persons are reasonable and should be allowed u/s 13 (2) of I.T.Act,1961. All these persons are not getting genuine and reasonable salary

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

164 (2) of I. T. Act. 4.3 Assessee's reply regarding section 13 (2) and various case laws regarding this duly considered but not accepted because assessee has failed to prove that the amounts paid to specified persons are reasonable and should be allowed u/s 13 (2) of I.T.Act,1961. All these persons are not getting genuine and reasonable salary

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

164 (2) of I. T. Act. 4.3 Assessee's reply regarding section 13 (2) and various case laws regarding this duly considered but not accepted because assessee has failed to prove that the amounts paid to specified persons are reasonable and should be allowed u/s 13 (2) of I.T.Act,1961. All these persons are not getting genuine and reasonable salary

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

164 (2) of I. T. Act. 4.3 Assessee's reply regarding section 13 (2) and various case laws regarding this duly considered but not accepted because assessee has failed to prove that the amounts paid to specified persons are reasonable and should be allowed u/s 13 (2) of I.T.Act,1961. All these persons are not getting genuine and reasonable salary

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

164 (2) of I. T. Act. 4.3 Assessee's reply regarding section 13 (2) and various case laws regarding this duly considered but not accepted because assessee has failed to prove that the amounts paid to specified persons are reasonable and should be allowed u/s 13 (2) of I.T.Act,1961. All these persons are not getting genuine and reasonable salary

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

164 (2) of I. T. Act. 4.3 Assessee's reply regarding section 13 (2) and various case laws regarding this duly considered but not accepted because assessee has failed to prove that the amounts paid to specified persons are reasonable and should be allowed u/s 13 (2) of I.T.Act,1961. All these persons are not getting genuine and reasonable salary

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

164 (2) of I. T. Act. 4.3 Assessee's reply regarding section 13 (2) and various case laws regarding this duly considered but not accepted because assessee has failed to prove that the amounts paid to specified persons are reasonable and should be allowed u/s 13 (2) of I.T.Act,1961. All these persons are not getting genuine and reasonable salary

J.K. EDUCATIONAL SOCIETY,JAMMU & KASHMIR vs. DCIT (EXEMPTION)-CIRCLE-1,, CHANDIGARH

In the result, the appeal of the assessee is partly allowed

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

2. That the worthy CIT(A) has not appreciated the facts of the case and merely relied on order of the DCIT, Circle-1 (Exemption), Chandigarh and without any rhyme & reason, the Ld. CIT(A) has confirmed the order of the DCIT. Circle-1 (Exemption), Chandigarh. As such order of the CIT(A) is liable to cancelled. 3. That

J.K.EDUCATIONAL SOCIETY,JAMMU vs. INCOME TAX OFFICER (EXEMPTION), CHANDIGARH

In the result, the appeal of the assessee is partly allowed

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

2. That the worthy CIT(A) has not appreciated the facts of the case and merely relied on order of the DCIT, Circle-1 (Exemption), Chandigarh and without any rhyme & reason, the Ld. CIT(A) has confirmed the order of the DCIT. Circle-1 (Exemption), Chandigarh. As such order of the CIT(A) is liable to cancelled. 3. That

J. K. EDUCATIONAL SOCIETY,JAMMU vs. DCIT, CIRCLE-1, CHANDIGARH

In the result, the appeal of the assessee is partly allowed

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

2. That the worthy CIT(A) has not appreciated the facts of the case and merely relied on order of the DCIT, Circle-1 (Exemption), Chandigarh and without any rhyme & reason, the Ld. CIT(A) has confirmed the order of the DCIT. Circle-1 (Exemption), Chandigarh. As such order of the CIT(A) is liable to cancelled. 3. That