SH. SANJAY SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

68 of the Act. The reliance was placed on the following case laws: i. CIT Vs. N.R. Portfolio Pvt. Ltd. in ITA No. 1018,1019/2100 (Delhi) dt. 22/11/2013 ii. CIT Vs. Nova Prompters and Finlease (P) Ltd. (Del) reported at 342 ITR 169 iii. CIT Vs. Krishnaveni Ammal (Mad) reported at 158 ITR 826 iv. Madathi Brothers Vs. DCIT

SMT. AARTI SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

68 of the Act. The reliance was placed on the following case laws: i. CIT Vs. N.R. Portfolio Pvt. Ltd. in ITA No. 1018,1019/2100 (Delhi) dt. 22/11/2013 ii. CIT Vs. Nova Prompters and Finlease (P) Ltd. (Del) reported at 342 ITR 169 iii. CIT Vs. Krishnaveni Ammal (Mad) reported at 158 ITR 826 iv. Madathi Brothers Vs. DCIT

SH. SANJAY SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

68 of the Act. The reliance was placed on the following case laws: i. CIT Vs. N.R. Portfolio Pvt. Ltd. in ITA No. 1018,1019/2100 (Delhi) dt. 22/11/2013 ii. CIT Vs. Nova Prompters and Finlease (P) Ltd. (Del) reported at 342 ITR 169 iii. CIT Vs. Krishnaveni Ammal (Mad) reported at 158 ITR 826 iv. Madathi Brothers Vs. DCIT

SMT. AARTI SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

68 of the Act. The reliance was placed on the following case laws: i. CIT Vs. N.R. Portfolio Pvt. Ltd. in ITA No. 1018,1019/2100 (Delhi) dt. 22/11/2013 ii. CIT Vs. Nova Prompters and Finlease (P) Ltd. (Del) reported at 342 ITR 169 iii. CIT Vs. Krishnaveni Ammal (Mad) reported at 158 ITR 826 iv. Madathi Brothers Vs. DCIT

SMT. AARTI SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

68 of the Act. The reliance was placed on the following case laws: i. CIT Vs. N.R. Portfolio Pvt. Ltd. in ITA No. 1018,1019/2100 (Delhi) dt. 22/11/2013 ii. CIT Vs. Nova Prompters and Finlease (P) Ltd. (Del) reported at 342 ITR 169 iii. CIT Vs. Krishnaveni Ammal (Mad) reported at 158 ITR 826 iv. Madathi Brothers Vs. DCIT

SH. SANJAY SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

68 of the Act. The reliance was placed on the following case laws: i. CIT Vs. N.R. Portfolio Pvt. Ltd. in ITA No. 1018,1019/2100 (Delhi) dt. 22/11/2013 ii. CIT Vs. Nova Prompters and Finlease (P) Ltd. (Del) reported at 342 ITR 169 iii. CIT Vs. Krishnaveni Ammal (Mad) reported at 158 ITR 826 iv. Madathi Brothers Vs. DCIT

SHRI KRISHAN KUMAR JALAN,BANGALORE vs. ITO, W-1, SIRSA

In the result appeal of the assessee is dismissed

Section 68 of the Act,\nwhere any sum is found credited in the books of the assessee for any\nprevious year the same may be charged to income tax as the income of\nthe assessee of that previous year if the explanation offered by the\nassessee about the nature and source thereof is, in the opinion of the\nAssessing

KANGRA VALLEY GARDEN HOTELS PRIVATE LIMITED,KANGRA vs. INCOME TAX OFFICER, WARD DHARAMSHALA, HIMACHAL PRADESH, DHARAMSHALA

Appeal of the assessee is allowed as and by

Bench: This Tribunal As & By Way Of Second Appeal.

Section 142(1) of the Act was issued on 14th August, 2015 fixing the case for hearing on 26th August, 2015. 2.8 That in response to the said notice and further proceedings Shri Sanjiv Rana, Advocate, AR of the assessee attended the proceedings from time to time and filed replies and evidences as called for. 2.9 That the books

KANGRA VALLEY GARDEN HOTELS PRIVATE LIMITED,KANGRA vs. INCOME TAX OFFICER, WARD DHARAMSHALA, HIMACHAL PRADESH, DHARAMSHALA

Appeal of the assessee is allowed as and by

Bench: This Tribunal As & By Way Of Second Appeal.

Section 142(1) of the Act was issued on 14th August, 2015 fixing the case for hearing on 26th August, 2015. 2.8 That in response to the said notice and further proceedings Shri Sanjiv Rana, Advocate, AR of the assessee attended the proceedings from time to time and filed replies and evidences as called for. 2.9 That the books

KANGRA VALLEY GARDEN HOTELS PRIVATE LIMITED,KANGRA vs. INCOME TAX OFFICER, WARD DHARAMSHALA, HIMACHAL PRADESH, DHARAMSHALA

Appeal of the assessee is allowed as and by

Bench: This Tribunal As & By Way Of Second Appeal.

Section 142(1) of the Act was issued on 14th August, 2015 fixing the case for hearing on 26th August, 2015. 2.8 That in response to the said notice and further proceedings Shri Sanjiv Rana, Advocate, AR of the assessee attended the proceedings from time to time and filed replies and evidences as called for. 2.9 That the books

SATYAPAL SINGH CHAUHAN HUF,AMBALA CANTT vs. INCOME TAX OFFICER, WARD-4 AMBALA, INCOME TAX OFFICE, AMBALA

In the result, appeal of the Assessee is allowed

160\ntaxmann.com 357 (Delhi) on the issue of U/s.263.\nvi).\nPawan Kumar vs. ITO as reported in [2022] 142\ntaxmann.com 13 (Chandigarh - Trib.) on the issue of U/s.\n263.\nvii). PCIT vs. SHUKLA DAIRY PVT. LTD. as reported in 457 ITR 145\n(Guj HC) on the issue of U/s.263.\n11. It was thus, argued that the order of PCIT

ARYANS EDUCATIONAL AND CHARITABLE TRUST REGD, MOHALI,MOHALI vs. COMMISSIONER OF INCOME TAX, EXEMPTIONS, CHANDIGARH

In the result, appeal is allowed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita No. 1136/Chd/2024 "नधा"रण वष" / Assessment Year: 2025-26 Aryans Educational & The Cit (Exemptions), Charitable Trust, Regd.Mohali Vs Chandigarh, C/O Shri Tej Mohan Singh, Advocate, # 527, Sector 10-D, Chandigarh. "थायी लेखा सं./Pan No: Aabta7550L अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Tej Mohan Singh, Advocate Revenue By : Shri Manav Bansal, Cit Dr Date Of Hearing : 07.08.2025 Date Of Pronouncement : 24.09.2025

68 of the Act treating corpus donations received from students to be anonymous donations. 8. We find that the not considering the evidence filed by the Assessee during the appellate proceedings before the ld. CIT(A) is not justified on the part of the ld. CIT(A). In fact, the case laws relied upon

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, LUDHIANA vs. MALBROS INTERNATIONAL PVT LTD, FARIDKOT

In the result, both the appeals and the Cross Objections are dismissed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita Nos. 992 & 993/Chd/2024 "नधा"रण वष" / Assessment Years: 2017-18, 2016-17 The Dcit, Vs Malbros International Pvt. Ltd., Central Circle-2, Village – Mansoorwal, Teh-Zira, Ludhiana. Head Offices Old Cantt. Road, Faridkot. "थायी लेखा सं./Pan No: Aadcm7203R अपीलाथ"/Appellant ""यथ"/Respondent & C.O. Nos. 46 & 45/Chd/2024 In आयकर अपील सं./ Ita Nos. 992 & 993/Chd/2024 "नधा"रण वष" / Assessment Year: 2017-18, 2016-17 Malbros International Pvt. Ltd., The Dcit, Village – Mansoorwal, Teh-Zira, Vs Central Circle-2, Head Offices Old Cantt. Road, Ludhiana. Faridkot. "थायी लेखा सं./Pan No: Aadcm7203R अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Sudhir Sehgal, Advocate Revenue By : Smt. Kusum Bansal, Cit Dr Date Of Hearing : 14.05.2025 Date Of Pronouncement : 25.06.2025

section 68 solely on basis of information received from Investigation Wing that lenders from whom assessee-company acquired loans were indulged in bogus accommodation entries, since assessee was not granted an opportunity to cross-examine persons whose statements were recorded during investigation, impugned addition made on basis of such investigation which was not privy to assessee were

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, LUDHIANA vs. MALBROS INTERNATIONAL PVT LTD, FARIDKOT

In the result, both the appeals and the Cross Objections\nare dismissed

section 68 solely on basis of information received from\nInvestigation Wing that lenders from whom assessee-company acquired loans were\nindulged in bogus accommodation entries, since assessee was not granted an\nopportunity to cross-examine persons whose statements were recorded during\ninvestigation, impugned addition made on basis of such investigation which was\nnot privy to assessee were

SH. GULSHAN KUMAR PROP. G.K. RESORTS,LUDHIANA vs. DCIT CIRCLE-2, LUDHIANA

In the result, the appeal of the assessee is allowed

Bench: Smt.Diva Singh & Shri Vikram Singh Yadavsh. Gulshan Kumar बनाम Deputy Commissioner Of Prop. G. K. Resorts House No. 3, Income Tax, Central Circle-2, Agar Nagar Extension, Ferospur Ludhiana Road, Ludhiana 1410212, Punjab "थायी लेखा सं./Pan No: Aaqpk1200Q

68 of the Act and brought to tax in the hands of the assessee and the assessed income was determined at Rs.1,41,55,531/- as against the returned income of Rs. 30,40,160/-. 3. Being aggrieved, the assessee carried the matter in appeal before the ld. CIT(A). The ld. CIT(A) has given part relief

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

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

SURJEET 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

SH. PARAMJEET 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