EXOTIC REALTORS AND DEVELOPERS,CHANDIGARH vs. PR.CIT-1, CHANDIGARH

In the result, appeal of the assessee is allowed

Bench: SHRI. KRINWANT SAHAY (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

273 Delhi High Court which speaks about even if thee is some inquiry by the AO in the original proceedings even if inadequate that cannot clothe the Commissioner with jurisdiction under section 263 merely because he can form another opinion. In the instant case, the assesse was specifically queried regarding the nature and character of the one time regulatory

SHELJA GOYAL,LUDHIANA vs. DCIT, CENTRAL CIRCLE-2, LUDHIANA, KITCHLU NAGAR, LUDHIANA

In the result, appeal filed by the Assessee is allowed

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

273/-, thereby reducing her taxable income under 'income from other sources' to Rs. 4,67,767. Initially processed under Section 143(1), her case was later selected for limited scrutiny through CASS, and several notices under Sections 143(2) and 142(1) were issued, to which she responded electronically, including submission of a Statement of Affairs showing interest-free funds

SBS BIOTECH UNIT II,SIRMOUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX-1, CHANDIGARH

In the result, the appeal of the assessee is allowed

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

273 (Delhi HC) has similarly held as under: "It is well settled that if there is some enquiry by the Assessing Officer in the original proceedings even if inadequate that cannot clothe the Commissioner with jurisdiction under section 263 merely because he can form another opinion." In the instant case, the assessee was specifically queried regarding the nature and character

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

273 (P&H) 2. Intervention into matters of commercial expediency by the Learned A.O. 2.1 Notwithstanding the Appellant's contention that the Learned AO's impugned action to disallow the payments made to interested persons was not supported by the provisions of the Act, we wish to highlight the judiciary's view on limiting the scope of authority given

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

273 (P&H) 2. Intervention into matters of commercial expediency by the Learned A.O. 2.1 Notwithstanding the Appellant's contention that the Learned AO's impugned action to disallow the payments made to interested persons was not supported by the provisions of the Act, we wish to highlight the judiciary's view on limiting the scope of authority given

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

273 (P&H) 2. Intervention into matters of commercial expediency by the Learned A.O. 2.1 Notwithstanding the Appellant's contention that the Learned AO's impugned action to disallow the payments made to interested persons was not supported by the provisions of the Act, we wish to highlight the judiciary's view on limiting the scope of authority given

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

273 (P&H) 2. Intervention into matters of commercial expediency by the Learned A.O. 2.1 Notwithstanding the Appellant's contention that the Learned AO's impugned action to disallow the payments made to interested persons was not supported by the provisions of the Act, we wish to highlight the judiciary's view on limiting the scope of authority given

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

273 (P&H) 2. Intervention into matters of commercial expediency by the Learned A.O. 2.1 Notwithstanding the Appellant's contention that the Learned AO's impugned action to disallow the payments made to interested persons was not supported by the provisions of the Act, we wish to highlight the judiciary's view on limiting the scope of authority given

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

273 (P&H) 2. Intervention into matters of commercial expediency by the Learned A.O. 2.1 Notwithstanding the Appellant's contention that the Learned AO's impugned action to disallow the payments made to interested persons was not supported by the provisions of the Act, we wish to highlight the judiciary's view on limiting the scope of authority given

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

273 (P&H) 2. Intervention into matters of commercial expediency by the Learned A.O. 2.1 Notwithstanding the Appellant's contention that the Learned AO's impugned action to disallow the payments made to interested persons was not supported by the provisions of the Act, we wish to highlight the judiciary's view on limiting the scope of authority given

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

273 (P&H) 2. Intervention into matters of commercial expediency by the Learned A.O. 2.1 Notwithstanding the Appellant's contention that the Learned AO's impugned action to disallow the payments made to interested persons was not supported by the provisions of the Act, we wish to highlight the judiciary's view on limiting the scope of authority given

SIKANDER SINGH MALUKA,MOHALI vs. ITO, MOHALI

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

Bench: Shri Sanjay Garg & Ms. Annapurna Guptathe I.T.O., Vs. Sh.Sikandar Singh Maluka, Ward 5(1), # 1370, Sector 40-B, Chandigarh. Chandigarh Pan: Abzpm7206N & Sh.Sikandar Singh Maluka, Vs. The I.T.O., # 1370, Sector 40-B, Ward 5(2), Chandigarh. Chandigarh Pan: Abzpm7206N

section 147 of the Act has now been initiated as per the provisions of the Act after obtaining the approval from the competent Authority. 4. In the light of facts adduced above, it is therefore evident that notice u/s 148 of the I.T. Act, dated 26/28.3.2014 was issued after obtaining mandatory sanction from appropriate authority i.e. JCIT, Range-V, Chandigarh

DCIT,CIRCLE-I, LUDHIANA, LUDHIANA vs. ADINATH TEXTILES LIMITED, LUDHIANA

In the result both the appeal filed by the Revenue and Cross objection filed by the Assessee are dismissed

Bench: the appeal is finally heard or disposed off.

273(P&H). e) Judgment of Hon'ble ITAT, Chandigarh Bench in the case of Samrat Plywood Inds., in ITA No. 595/Chd/2017. f). f) Piyush Developers Pvt. Ltd V/s ACITITA No.5599/DEL/2010, ITAT, Delhi Bench atNew Delhi. g) Commissioner of Income Tax V/s Bholanath Poly Fab Pvt. Ltd355 ITR 290 GUJ HC. h) Northern India Steel Rolling Mills V/s DCITITA

SH. SATPAL GOSAIN,LUDHIANA vs. ACIT, LUDHIANA

The appeal of the assessee is partly allowed

reassessment proceedings, the A.O. noticed that a housing society consisting of 95 present and ex MLAs of Punjab Legislative Assembly, was the owner of 21.02 acre land in village Kansal district Ludhiana. The said housing society of 2 A.Y.2007-08 the MLAs, named as the Punjab Cooperative Housing Buildings Society Ltd., had entered into a tripartite joint development agreement with