DEPUTY COMMISSIONER OF INCOME TAX, CHANDIGARH vs. JAMES HOTELS LTD, CHANDIGARH

Bench: The Said Resolution To Enhance Authorized Share Capital.

Transfer Pricing Officer and thereafter the Ld. AO changed the nature of transaction from share application money and treated it as loan on which notional interest was computed and the Tribunal held that AO has no power to reclassify the transaction from the share application money to loan. 8.3 It was further submitted that while levying the penalty, Additional

M/S MAHAVIR TECHNO LTD.,,CHANDIGARH vs. ACIT, CRICLE, KURUKSHETRA

In the result, appeal of the Assessee is allowed

transferred in the account of M/s Mahabir Agro Industry. The company has earned the profit on sale of goods and the assesee has not paid any interest to the trade creditors and even the sister concerns when there was a credit balance in their account. No interest has been charged from other trade debtors to whom sales were made because

M/S GANESH DASS HUF,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 The Hon'ble Apex

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 The Hon'ble Apex

DHUNI CHAND HUF,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 The Hon'ble Apex

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 The Hon'ble Apex

SH. RANDHIR 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 The Hon'ble Apex

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 The Hon'ble Apex

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 The Hon'ble Apex

ITO (TDS), PATIALA vs. THE DISTT. MANAGER, FATEHGARH SAHIB

In the result, all the appeals of the Revenue bearing ITA

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

192(20)2011-FCA/Cs dated 7.11.2012 of the Govt. of India addressed to the Secretary, Food and Civil Supplies Department, whereby, the Government of India has approved for payment at the provisional rate of Rs. 2004.95 for raw rice and Rs. 1976.03 for Par-boiled rice for the custom milled rice under the price support operation of the Government agencies

DCIT, TDS, CHANDIGARH vs. M/S PUNJAB STATE CIVIL SUPPLY CORPN. LTD., SIRHIND

In the result, all the appeals of the Revenue bearing ITA

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

192(20)2011-FCA/Cs dated 7.11.2012 of the Govt. of India addressed to the Secretary, Food and Civil Supplies Department, whereby, the Government of India has approved for payment at the provisional rate of Rs. 2004.95 for raw rice and Rs. 1976.03 for Par-boiled rice for the custom milled rice under the price support operation of the Government agencies

ACIT (TDS), CHANDIGARH vs. M/S PUNJAB STATE GRAIN PROCUREMENT CORP. LTD., BARNALA

In the result, all the appeals of the Revenue bearing ITA

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

192(20)2011-FCA/Cs dated 7.11.2012 of the Govt. of India addressed to the Secretary, Food and Civil Supplies Department, whereby, the Government of India has approved for payment at the provisional rate of Rs. 2004.95 for raw rice and Rs. 1976.03 for Par-boiled rice for the custom milled rice under the price support operation of the Government agencies

THE ASSISTANT GENERAL MANAGER (F&A) (PERSONAL RESPONSIBLE),SHIMLA vs. ITO (TDS), SHIMLA

In the result, all the appeals of the Revenue bearing ITA

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

192(20)2011-FCA/Cs dated 7.11.2012 of the Govt. of India addressed to the Secretary, Food and Civil Supplies Department, whereby, the Government of India has approved for payment at the provisional rate of Rs. 2004.95 for raw rice and Rs. 1976.03 for Par-boiled rice for the custom milled rice under the price support operation of the Government agencies

DY COMMISSIONER OF INCOME TAX, CHANDIGARH vs. M/S DISTRICT MANAGER PUNJAB, SANGRUR

In the result, all the appeals of the Revenue bearing ITA

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

192(20)2011-FCA/Cs dated 7.11.2012 of the Govt. of India addressed to the Secretary, Food and Civil Supplies Department, whereby, the Government of India has approved for payment at the provisional rate of Rs. 2004.95 for raw rice and Rs. 1976.03 for Par-boiled rice for the custom milled rice under the price support operation of the Government agencies

DCIT (TDS), CHANDIGARH vs. M/S PUNJAB STATE GRAINS PROCUREMENT CORP. LTD., FATEHGARH SAHIB

In the result, all the appeals of the Revenue bearing ITA

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

192(20)2011-FCA/Cs dated 7.11.2012 of the Govt. of India addressed to the Secretary, Food and Civil Supplies Department, whereby, the Government of India has approved for payment at the provisional rate of Rs. 2004.95 for raw rice and Rs. 1976.03 for Par-boiled rice for the custom milled rice under the price support operation of the Government agencies

ITO (TDS), PATIALA vs. THE DISTT. MANAGER, FATEHGARH SAHIB

In the result, all the appeals of the Revenue bearing ITA

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

192(20)2011-FCA/Cs dated 7.11.2012 of the Govt. of India addressed to the Secretary, Food and Civil Supplies Department, whereby, the Government of India has approved for payment at the provisional rate of Rs. 2004.95 for raw rice and Rs. 1976.03 for Par-boiled rice for the custom milled rice under the price support operation of the Government agencies

ITO, CHANDIGARH vs. THE MANAGER DISTT. OFFICE,, MOHALI

In the result, all the appeals of the Revenue bearing ITA

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

192(20)2011-FCA/Cs dated 7.11.2012 of the Govt. of India addressed to the Secretary, Food and Civil Supplies Department, whereby, the Government of India has approved for payment at the provisional rate of Rs. 2004.95 for raw rice and Rs. 1976.03 for Par-boiled rice for the custom milled rice under the price support operation of the Government agencies

ITO (TDS-2), CHANDIGARH vs. M/S PUNJAB STATE GRAINS PROCUREMENT CORP. LTD., MOHALI

In the result, all the appeals of the Revenue bearing ITA

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

192(20)2011-FCA/Cs dated 7.11.2012 of the Govt. of India addressed to the Secretary, Food and Civil Supplies Department, whereby, the Government of India has approved for payment at the provisional rate of Rs. 2004.95 for raw rice and Rs. 1976.03 for Par-boiled rice for the custom milled rice under the price support operation of the Government agencies