SH. AMAR SINGH,JAGADHARI vs. ITO, YAMUNANAGAR

In the result, both the appeal of different assessees are allowed

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

section 54B of the Act. During the course of assessment proceedings, the Assessing Officer noted that assessee had sold land for consideration of Rs. 1,92,01,875/- through Registered Sale Deed dated 20.03.2007. The sale consideration comprised of Rs. 68

SH. JAI RAM,JAGADHARI vs. ITO, YAMUNANAGAR

In the result, both the appeal of different assessees are allowed

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

section 54B of the Act. During the course of assessment proceedings, the Assessing Officer noted that assessee had sold land for consideration of Rs. 1,92,01,875/- through Registered Sale Deed dated 20.03.2007. The sale consideration comprised of Rs. 68

SHRI GURDEEP SINGH,MOHALI vs. ITO, W-6(4), MOHALI

In the result, appeals of the assessees are allowed for statistical purposes

Section 54B 14,787,100.00 (Registry Value) Details of Investment in Agriculture Land Dated ____ Registry Value _____________________ Stamp Papers ____________ Total 30.07.12 10,792,000.00 539,600.00 11,331,600.00 30.07.12 3,070,000.00 153,500.00 3,223,500.00 06.02.13 225.000.00 7.000.00 232.000.00 Total 14.087.000.00 700,100.00 14.787.100.00 Taxable Capital Gain Nil Share of Taxable Capital Gain

SHRI KESAR SINGH,MOHALI vs. ITO, W-6(4), MOHALI

In the result, appeals of the assessees are allowed for statistical purposes

Section 54B 14,787,100.00 (Registry Value) Details of Investment in Agriculture Land Dated ____ Registry Value _____________________ Stamp Papers ____________ Total 30.07.12 10,792,000.00 539,600.00 11,331,600.00 30.07.12 3,070,000.00 153,500.00 3,223,500.00 06.02.13 225.000.00 7.000.00 232.000.00 Total 14.087.000.00 700,100.00 14.787.100.00 Taxable Capital Gain Nil Share of Taxable Capital Gain

SHRI DIDAR SINGH,MOHALI vs. ITO, W-6(4), MOHALI

In the result, appeals of the assessees are allowed for statistical purposes

Section 54B 14,787,100.00 (Registry Value) Details of Investment in Agriculture Land Dated ____ Registry Value _____________________ Stamp Papers ____________ Total 30.07.12 10,792,000.00 539,600.00 11,331,600.00 30.07.12 3,070,000.00 153,500.00 3,223,500.00 06.02.13 225.000.00 7.000.00 232.000.00 Total 14.087.000.00 700,100.00 14.787.100.00 Taxable Capital Gain Nil Share of Taxable Capital Gain

SHRI BALJINDER SINGH,MOHALI vs. ITO, W-6(4), MOHALI

In the result, appeals of the assessees are allowed for statistical purposes

Section 54B 14,787,100.00 (Registry Value) Details of Investment in Agriculture Land Dated ____ Registry Value _____________________ Stamp Papers ____________ Total 30.07.12 10,792,000.00 539,600.00 11,331,600.00 30.07.12 3,070,000.00 153,500.00 3,223,500.00 06.02.13 225.000.00 7.000.00 232.000.00 Total 14.087.000.00 700,100.00 14.787.100.00 Taxable Capital Gain Nil Share of Taxable Capital Gain

SHRI DARSHAN SINGH,MOHALI vs. ITO, W-6(4), MOHALI

In the result, appeals of the assessees are allowed for statistical purposes

Section 54B 14,787,100.00 (Registry Value) Details of Investment in Agriculture Land Dated ____ Registry Value _____________________ Stamp Papers ____________ Total 30.07.12 10,792,000.00 539,600.00 11,331,600.00 30.07.12 3,070,000.00 153,500.00 3,223,500.00 06.02.13 225.000.00 7.000.00 232.000.00 Total 14.087.000.00 700,100.00 14.787.100.00 Taxable Capital Gain Nil Share of Taxable Capital Gain

SH. JAI PAL,JAGADHRI vs. ITO, W-3, YAMUNANAGAR

In the result, appeal of the assessee is allowed

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumarassessment Year: 2007-08

68,96,060/- made by Assessing Officer as long term capital gain on sale of agriculture land measuring 109 Kanal 7.5 marla (50% share) for a consideration of Rs. 3,75,97,656/- by holding the transfer of land in the year under consideration despite the fact that only 10% of the sale consideration was received during the year

DEVI DAYAL,KAITHAL vs. INCOME TAX OFFICER, WARD-1 , KAITHAL

In the result, appeal is allowed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahayआयकर अपील सं./ Ita No. 899/Chd/2024 "नधा"रण वष" / Assessment Year: 2008-09 Shri Devi Dayal, Vs The Ito, Pundri Anaj Mandi, Ward – 1, Kaithal-Haryana 136026. Kaithal. "थायी लेखा सं./Pan No: Aajpd5851H अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Parikshit Aggarwal, Ca & Ms. Shruti Khandelwal, Advocate Revenue By : Shri Manav Bansal, Cit, Dr Date Of Hearing : 30.07.2025 Date Of Pronouncement : 08.09.2025

68,276/-, assessee carried the matter in appeal before the ld. CIT (Appeals) who has dismissed the appeal. The appeal to the ITAT also did not bring any relief to the assessee. A.Y.2008-09 17 Though Hon'ble High Court has allowed the appeal of the assessee and revenue carried the matter in appeal before the Hon'ble Supreme Court

SH. DALJIT SINGH BASSI,RANJIT NAGAR vs. PR.CIT-1, CHANDIGARH

The appeal of the assessee stands allowed

Bench: Shri N.K. Saini & Shri Sudhanshu Srivastavaआयकर अपील सं./ Ita No. 56/Chd/2021 "नधा"रण वष" / Assessment Year : 2015-16

68,750/- on 14.08.2014 and earned long Term Capital Gain of Rs. 12,55,08,350/-/- claiming deduction of Rs. ITA No. 56-Chd-2021 Sh. Daljit Singh Bassi, Ranjit Nagar 3 6,16,31,455/- u/s 54B and Rs. 6,38,76,895/- u/s 54F against Long Term Capital Gain. 3. As per provisions of Section

SHEO RAM,YAMUNA NAGAR vs. INCOME TAX OFFICER WARD-4 , YAMUNA NAGAR

In the result, the appeal of the assessee is allowed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahay

Section 148 dated 13.09.2012. The AO has thereafter passed an assessment order on 30.03.2014 whereby LTCG liability was determined in the hands of the assessee. Such gain was determined at Rs.3,68,96,060/-. 3. Dissatisfied with the assessment order, assessee carried the matter in appeal before the CIT(A) and ultimately it travelled upto the Tribunal vide

ITO, W-6(4), MOHALI vs. SHRI SANT SINGH, MOHALI

In the result, appeal of the Revenue is dismissed

Bench: Shri Mahavir Singh & Shri Krinwant Sahay

Section 144 r.w.s. 147 of the Act, as assessee did not attend the proceedings despite notice of service. The AO from perusal of bank statement noticed that there are credit entries in Joint Bank Account maintained by Sh. Sant Singh (Assessee), along with his mother Smt. Ajaib Kaur amounting to Rs. 5,54,05,000/-, during the Financial Year

ARJESH KUMAR,PATIALA vs. ITO NATIONAL E-ASSESSMENT CENTRE , DELHI

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated

SH. AMARDEEP SINGH ATHWAL,YAMUNANAGAR vs. ITO, WARD-1, YAMUNANAGAR

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated

RANJIT SINGH,PANCHKULA vs. DEPUTY DIRECTOR, CPC DEPARTMENT

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated

INCOME TAX OFFICER, FATEHABAD vs. MAHESH NAGPAL, FATEHABAD

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated

PAWAN KUMAR,FATEHABAD vs. INCOME TAX OFFICER WARD-1, FATEHABAD

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated

SH. AMARDEEP SINGH ATHWAL,YAMUNANAGAR vs. ITO, WARD-1, YAMUNANAGAR

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated