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

SAROJ CHAUDHARY BALA,PANCHKULA vs. ITO, WARD-4, PANCHKULA

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

BALBIR KUMAR HUF,CHANDIGARH vs. ITO , CHANDIGARH

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

SMT. SHANKRI DEVI,PANCHKULA vs. ACIT, PANCKULA CIRCLE, PANCHKULA

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: 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

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

LABH SINGH,PANCHKULA vs. INCOME TAX OFFICER, WARD NO 2,, PANCHKULA

68, Shiv Shakti Colony, Pinjore-134102\nबनाम\nThe ITO\nWard-2, Panchkula\nस्थायी लेखा सं./ PAN NO: EAAPS5523L\nअपीलार्थी/Appellant\nप्रत्यर्थी/Respondent\nनिर्धारिती की ओर से / Assessee by :\nSmt. Neelam Dhiman, C.A (Virtual)\nराजस्व की ओर से / Revenue by :\nShri Manav Bansal, CIT, DR\nआयकर अपील सं. / ITA No. 668/Chd/2022\nनिर्धारण वर्ष / Assessment Year: 2018-19\nShri Suresh Pal,\nVill

HOMELIFE BUILDCON PRIVATE LIMITED,SUNVIEW ENCLAVE, AYALI KALAN, LUDHIANA,PUNJAB vs. SMT. SAMANDEEP KAUR DCIT-CENTRAL CIRCLE-1, LUDHIANA, PUNJAB

In the result, Revenue appeal is dismissed and appeal filed by the assessee is allowed

Bench: SHRI. RAJPAL YADAV (Vice President), SHRI. KRINWANT SAHAY, AM आयकर अपील सं. / ITA No. 880/Chd/2024 निर्धारण वर्ष / Assessment Year : 2021-22 Homelife Buildcon Private Limited Sunview Enclave, Ayali Kalan, Ludhiana, Punjab-142027 स्थायी लेखा सं./PAN NO: AABCH5690M अपीलार्थी/Appellant बनाम The DCIT Central Circle-1 Ludhiana, Punjab प्रत्यर्थी/Respondent आयकर अपील सं. / ITA No. 1036/Chd/2024 निर्धारण वर्ष / Assessment Year : 2021-22 बनाम Homelife Buildcon Private Limited Sunview Enclave, Ayali

2) of the Act, dated 27.06.2022 was issued to the assessee and the same has also been mentioned in First paragraph of the assessment order. The case was selected for compulsory scrutiny as per CBDT Instruction, after taking approval from the PCIT (Central), Ludhiana. 10. Along with the search on the assessee, the search action were also carried

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, LUDHIANA , LUDHIANA vs. HOMELIFE BUILDCON PVT. LTD., LUDHIANA

In the result, Revenue appeal is dismissed and appeal filed by the assessee is allowed

Bench: SHRI. RAJPAL YADAV (Vice President), SHRI. KRINWANT SAHAY, AM आयकर अपील सं. / ITA No. 880/Chd/2024 निर्धारण वर्ष / Assessment Year : 2021-22 Homelife Buildcon Private Limited Sunview Enclave, Ayali Kalan, Ludhiana, Punjab-142027 स्थायी लेखा सं./PAN NO: AABCH5690M अपीलार्थी/Appellant The DCIT Central Circle-1 Ludhiana, Punjab प्रत्यर्थी/Respondent आयकर अपील सं. / ITA No. 1036/Chd/2024 निर्धारण वर्ष / Assessment Year : 2021-22 Homelife Buildcon Private Limited Sunview Enclave, Ayali Kalan, Lu

2) of the Act, dated 27.06.2022 was issued to the assessee and the same has also been mentioned in First paragraph of the assessment order. The case was selected for compulsory scrutiny as per CBDT Instruction, after taking approval from the PCIT (Central), Ludhiana. 10. Along with the search on the assessee, the search action were also carried

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)

68,78,900/- as originally declared and thereafter notice under section 143(2) and 142(1) alongwith detailed questionnaire were issued and after taking into consideration the submissions so filed by the assessee and after carrying out necessary examination/verification, the assessment proceedings were completed under section 147 r.w.s 144B vide order dt. 30/03/2022 without drawing any adverse inference

M/S SATWANT AGRO ENGINEERS,BHAWANIGARH vs. DCIT, CENTRAL CIRCLE, PATIALA

In the result, the appeal of the assessee is partly allowed for statistical purposes

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

2. That the Ld Commissioner of Income Tax (Appeals) was not justified to confirm the finding of Assessing Officer to assess the surrendered amount as "deemed Income" u/s 69 read with section 115BBE of Income Tax Act 1961. The surrendered amount is on account excess stock of Rs.10,00,000/- and Rs. 9,66,000.00 of cash difference duly

DCIT, CHANDIGARH vs. SH. KULWANT SINGH, MOHALI

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

68, Chandigarh Mohali "थायी लेखा सं./PAN NO: AEKPS5692A Appeal against the order of CIT(A)-3, Gurgaon dated 28.10.2016 "नधा"रती क" ओर से/Assessee by : Sh. Pankaj Bhalla, CAs राज"व क" ओर से/ Revenue by : Smt. Chanderkanta, Sr.DR सुनवाई क" तार"ख/Date of Hearing : 15.02.2019 उदघोषणा क" तार"ख/Date of Pronouncement : 20.03.2019 आदेश/Order

DCIT, CHANDIGARH vs. SH. PARAMJIT SINGH, MOHALI

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

68, Chandigarh Mohali "थायी लेखा सं./PAN NO: AEKPS5692A Appeal against the order of CIT(A)-3, Gurgaon dated 28.10.2016 "नधा"रती क" ओर से/Assessee by : Sh. Pankaj Bhalla, CAs राज"व क" ओर से/ Revenue by : Smt. Chanderkanta, Sr.DR सुनवाई क" तार"ख/Date of Hearing : 15.02.2019 उदघोषणा क" तार"ख/Date of Pronouncement : 20.03.2019 आदेश/Order

DCIT, CHANDIGARH vs. SH. PARAMJIT SINGH, MOHALI

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

68, Chandigarh Mohali "थायी लेखा सं./PAN NO: AEKPS5692A Appeal against the order of CIT(A)-3, Gurgaon dated 28.10.2016 "नधा"रती क" ओर से/Assessee by : Sh. Pankaj Bhalla, CAs राज"व क" ओर से/ Revenue by : Smt. Chanderkanta, Sr.DR सुनवाई क" तार"ख/Date of Hearing : 15.02.2019 उदघोषणा क" तार"ख/Date of Pronouncement : 20.03.2019 आदेश/Order

DCIT, CHANDIGARH vs. SMT. JASWANT KAUR, MOHALI

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

68, Chandigarh Mohali "थायी लेखा सं./PAN NO: AEKPS5692A Appeal against the order of CIT(A)-3, Gurgaon dated 28.10.2016 "नधा"रती क" ओर से/Assessee by : Sh. Pankaj Bhalla, CAs राज"व क" ओर से/ Revenue by : Smt. Chanderkanta, Sr.DR सुनवाई क" तार"ख/Date of Hearing : 15.02.2019 उदघोषणा क" तार"ख/Date of Pronouncement : 20.03.2019 आदेश/Order

DCIT, CHANDIGARH vs. SH. KULWANT SINGH, MOHALI

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

68, Chandigarh Mohali "थायी लेखा सं./PAN NO: AEKPS5692A Appeal against the order of CIT(A)-3, Gurgaon dated 28.10.2016 "नधा"रती क" ओर से/Assessee by : Sh. Pankaj Bhalla, CAs राज"व क" ओर से/ Revenue by : Smt. Chanderkanta, Sr.DR सुनवाई क" तार"ख/Date of Hearing : 15.02.2019 उदघोषणा क" तार"ख/Date of Pronouncement : 20.03.2019 आदेश/Order