DAMANDEEP KAUR,MOHALI vs. ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE-2), CHANDIGARH, CHANDIGARH

In the result, all appeals of the assessee are allowed

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

House No. 2368., Phase X, Mohali Central Circle-2, Chandigarh Punjab-160055 "ायी लेखा सं./PAN NO: ALCPK6320J अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Rohit Kapoor, Advocate & Shri Virsain Aggarwal, ITP राज" की ओर से/ Revenue by : Shri Manav Bansal, CIT, DR सुनवाई की तारीख/Date of Hearing : 04/11/2025 & 15/12/2025 उदघोषणा की तारीख/Date

DESH MITTER GAIND,PANCHKULA vs. INCOME TAX OFFICER, WARD-1, PANCHKULA, PANCHKULA, HARYANA

Bench: This Tribunal. The Assessee Is Aggrieved By The Order Of Cit(A) Bearing No. Itba/Nfac/S/250/2023-

house property, you intend to apply the provisions of Section 50C in the case of assessee In this regard, we wish to submit that the Agreement to Sell of this property was entered by the assessee in January, 2010 i.e. in assessment year 2010-11, when the collector rate o f the property in Sector 6, Panchkula was Rs.24

SANJEEV KUMAR KATHURIA,YAMUNA NAGAR vs. INCOME TAX OFFICER WARD 1 , YAMUNANAGAR

In the result, the appeal of the assessee is allowed

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

price with low level of construction which cannot be compared with residential house on independent plot in posh area. 15. The Ld. AR further submitted that PCIT has placed reliance on gift deed dated 8/10/2009 executed in favour of the assessee by his father. Stamp duty is charged on minimum collector for stamp duty purposes and it cannot reflect

SH. RAJINDER SINGH BEDI,CHANDIGARH vs. DCIT (INTL. TAXATION), CHANDIGARH

In the result, appeal of the assessee is allowed

Bench: Shri Rajpal Yadav & Shri Manoj Kumar Aggarwalआयकर अपील सं./ Ita No. 538/Chd/2022 "नधा"रण वष" / Assessment Year: 2018-19 Shri Rajinder Singh Bedi, The Dcit, (Int.Taxation ), 1368, Sector 40-B, Vs Chandigarh. Chandigarh. "थायी लेखा सं./Pan No: Afwpb3355A अपीलाथ"/Appellant ""यथ"/Respondent Assessee By : Shri Sudhir Sehgal, Advocate Revenue By : Smt. Kusum Bansal, Cit, Dr Date Of Hearing : 09.04.2025 Date Of Pronouncement : 04.06.2025 Hybrid Hearing O R D E R

transfer of such house. Section 55(2)(b) allows an option to the assessee to adopt the Fair Market Value of the house property as on 01.04.2001 as the cost of acquisition wherein such an asset becomes the property of the assessee or of the previous owner before first day of April,2001. There is no dispute that in principle

KANWALDEEP KAUR,CHANDIGARH vs. DCIT, CIRCLE 1, CHANDIGARH

In the result, appeal filed by the Revenue in ITA No

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

price of Rs. 4,00,00,000/- of a property. 5.1 The order passed by the Ld. assessing officer, the assessee filed the appeal before the Ld. CIT(A) , who had granted the relief to the assessee. The finding the Ld. CIT(A) are as under: 5.3.3. Ground No. 1 relates to addition of Rs.4,63,21,268/- on account

INCOME TAX OFFICER, MOHALI vs. GURTEJ SINGH, MOHALI

In the result, appeal filed by the Revenue in ITA No

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

price of Rs. 4,00,00,000/- of a property. 5.1 The order passed by the Ld. assessing officer, the assessee filed the appeal before the Ld. CIT(A) , who had granted the relief to the assessee. The finding the Ld. CIT(A) are as under: 5.3.3. Ground No. 1 relates to addition of Rs.4,63,21,268/- on account

AJMER SINGH,MOHALI vs. ITO, W-6(5), MOHAL

In the result, the appeal of the Revenue is dismissed

Bench: Disposal Of Appeal.”

property in her name. It is a fact on record that the assessee is an illiterate housewife and has no source of income other than small interest on saving bank account under consideration during the F.Y. 2009-2010. In the assessment preceding under section 142(1) the assessee repeatedly said that the amount in the bank was the sale proceeds

AJMER SINGH,MOHALI vs. ITO, W-6(5), MOHAL

In the result, the appeal of the Revenue is dismissed

Bench: Disposal Of Appeal.”

property in her name. It is a fact on record that the assessee is an illiterate housewife and has no source of income other than small interest on saving bank account under consideration during the F.Y. 2009-2010. In the assessment preceding under section 142(1) the assessee repeatedly said that the amount in the bank was the sale proceeds

ITO, W-6(5), MOHALI vs. SMT. GURDEV KAUR, KHARAR

In the result, the appeal of the Revenue is dismissed

Bench: Disposal Of Appeal.”

property in her name. It is a fact on record that the assessee is an illiterate housewife and has no source of income other than small interest on saving bank account under consideration during the F.Y. 2009-2010. In the assessment preceding under section 142(1) the assessee repeatedly said that the amount in the bank was the sale proceeds

DAMANDEEP KAUR,MOHALI vs. ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE-2), CHANDIGARH, CHANDIGARH

In the result, all appeals of the assessee are allowed

House No. 2368., Phase X, Mohali\n| Central Circle-2, Chandigarh\n| Punjab-160055\n| बंनाम\n| प्रत्यक्षती / Respondent\n| स्थायी लेखा सं./PAN NO: ALCPK6320J\n| अपीलार्थी/Appellant\n| निर्धिरिती की ओर से/Assessee by :\n| Shri Rohit Kapoor, Advocate &\n| Shri Virsain Aggarwal, ITP\n| राजस्व की ओर से / Revenue by :\n| Shri Manav Bansal

DAMANDEEP KAUR,MOHALI vs. ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE-2), CHANDIGARH, CHANDIGARH

In the result, all appeals of the assessee are allowed

House No. 2368., Phase X, Mohali | | Central Circle-2, Chandigarh\n| Punjab-160055 | | \n| स्थायी लेखा सं./PAN NO: ALCPK6320J | | \n| अपीलार्थी/Appellant | | प्रत्यर्थी / Respondent\n\n| निर्धारिती की ओर से/Assessee by : | | Shri Rohit Kapoor, Advocate &\n| | | Shri Virsain Aggarwal, ITP\n| राजस्व की ओर से / Revenue by : | | Shri Manav Bansal, CIT, DR\n\n| सुनवाई की तारीख/ Date

DAMANDEEP KAUR,MOHALI vs. ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE-2), CHANDIGARH, CHANDIGARH

In the result, all appeals of the assessee are allowed

House No. 2368., Phase X, Mohali | | Central Circle-2, Chandigarh |\n| Punjab-160055 | | |\n| स्थायी लेखा सं./PAN NO: ALCPK6320J | | |\n| अपीलार्थी/ Appellant | प्रत्यर्थी / Respondent |\n\n| निर्धारिती की ओर से/Assessee by : | Shri Rohit Kapoor, Advocate &\n| | Shri Virsain Aggarwal, ITP |\n| राजस्व की ओर से / Revenue by : | Shri Manav Bansal, CIT, DR |\n\n| सुनवाई की तारीख/ Date

MAXPORT INDIA PRIVATE LIMITED,CHANDIGARH vs. DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,CHANDIGARH, CHANDIGARH

transferred to give effect to commercial transactions\nshould be kept outside the ambit of s.2(22)(e). He in this respect has placed reliance upon\nthe following case laws:\na. Pradip Kumar Malhotra V. CIT [2001] 338 ITR 538 (Cal HC).\nb. DCIT vs. Lakra Brothers, 2007, 106 TTJ 0250, Chandigarh ITAT.\nc. Bagmane Constructions

SMT. JYOTI BHALLA,CHANDIGARH vs. ITO, WARD-3(2), CHANDIGARH

In the result, the appeal of the assessee is allowed

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

Transfer of Property Act to be registered, may be received as evidence of a contract in a suit for specific performance under Chapter-ll of the Specific Relief Act, 1877, or as evidence of any collateral transaction not required to be effected by registered instrument, however, subject to Section 17(1A) of the Registration Act. It is not the case

SCOTT EDIL ADVANCE RESEARCH LABORATORIES AND EDUCATION LIMITED,CHANDIGARH vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, CHANDIGARH

transferred to give effect to commercial transactions\nshould be kept outside the ambit of s.2(22)(e). He in this respect has placed reliance upon\nthe following case laws:\na. Pradip Kumar Malhotra V. CIT [2001] 338 ITR 538 (Cal HC).\nb. DCIT vs. Lakra Brothers, 2007, 106 TTJ 0250, Chandigarh ITAT.\nc. Bagmane Constructions

SHRI RAJDEEP SINGH CHIMNI,CHANDIGARH vs. THE ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-4(1), CHANDIGARH

In the result, the addition so made and sustained by the ld CIT(A) is hereby deleted and the appeal of the assessee is allowed

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

house property at Vasant Kunj for Rs. 99,75J000/- (15% share) whose circle rate valuation was Rs. 1,23,32,085/- (15% share). The difference in sale consideration based on circle rate and actual rate was Rs. 23,57,085/- (15% share). The assessee was provided with a show cause and he was asked to show cause

GURMUKH SINGH BHATTI,MOHALI vs. ITO, WARD 6(1), MOHALI

In the result, appeal of the assessee is allowed

Bench: HON’BLE SHRI LALIET KUMAR (Judicial Member), SHRI KRINWANT SAHAY (Accountant Member)

House No. 6, Top Floor Mohali बनाम/ Vs. Judges Enclave Sector 77, Punjab - 160062 Mohali, Punjab - 160055 "ायीलेखासं./जीआइआरसं./PAN/GIR No. AOFPB-6049-H (अपीलाथ"/Appellant) (""थ" / Respondent) : अपीलाथ"कीओरसे/ : Sh. Sarjiwan Kumar Gupta (Advocate) Appellant by ""थ"कीओरसे/Respondent : Sh. Vivek Vardhan (Addl. CIT) Sr. DR by सुनवाईकीतारीख/Date of Hearing : 11-12-2025 घोषणाकीतारीख /Date

SHRI HARI & CO OWNERS,KAITHAL vs. PR. CIT, CHANDIGARH -1, ROHTAK

In the result, both the above appeals of the Assessee are dismissed

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

Transfer Pricing Officer, as the case may be) is erroneous in so far as it is prejudicial to the interest of the revenue, he may, after giving the assesse an opportunity of being heard and after making or causing to be made such inquiry as he deems necessary, pass such order thereon as the circumstances of the case justify, including