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

price is paid and the deed is delivered . In the percent case, from the statement of case itself as drawn up by the Tribunal, it is apparent that the parties had clearly intended that despite the execution and registration of sale deeds, transfer by way of sale will become effective only on payment of the entire consideration amount

M/S NECTAR LIFESCIENCE LTD.,CHANDIGARH vs. DCIT, C-1(1), CHANDIGARH

In the result, appeal of the assessee is allowed

section 92C of the Act to the TPO for determining the arms length price in respect of specific domestic transaction undertaken by the assessee. The TPO after examining the transfer pricing adjustment and analyzing the specific domestic transaction with associated enterprises, proceeded to bench mark the power from eligible unit to non eligible unit specifically supply of electricity and steam

KAKA SINGH ALIAS GULJAR SINGH,PATIALA vs. INCOME TAX OFFICER , PATIALA

49. As discussed hereinabove, Section 23(1-A) provides for additional\namount. It takes care of the increase in the value at the rate of 12% per\n\n23\n\nannum. Similarly, under Section 23(2) of the 1894 Act there is a provision for\nsolatium which also represents part of the enhanced compensation. Similarly,\nSection 28 empowers the court

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

49, and the capital asset became the property of the previous owner before the 1st day of April, 2001, means the cost of the capital asset to the previous owner or the fair market value of the asset on the 1st day of April, 2001, at the option of the assessee; Provided that in case of a capital asset referred

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

DCIT, C-1(1) , CHANDIGARH vs. M/S FIDELITY INFORMATION SERVICES INDIA PVT. LTD., CHANDIGARH

In the result, the cross-objection filed by the assessee is dismissed

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

Transfer Pricing Study is attached at pages 131 of the paperbook. Thus, perusal of the same makes it evident that the revenue and income of the Assessee company is based on its cost. 9.4 It was submitted that the Assessee company is a cost-plus entity where all expenses are reimbursed with an additional mark-up and added

SMT. DARSHAN DEVI,KAITHAL vs. ITO, KAITHAL

Appeals of the Assessee are partly allowed for statistical purposes

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

price of the land @ Rs. 345/- per sq. yrds as on 01/04/1981. Hence, we feel that the ends of the justice would be met by restoring the matter back to the file of the Assessing Officer to determine the value of the land by making necessary enquiries after giving an opportunity to the assessee and on considering the stand

PARVEEN KUMAR,KAITHAL vs. ITO, KAITHAL

Appeals of the Assessee are partly allowed for statistical purposes

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

price of the land @ Rs. 345/- per sq. yrds as on 01/04/1981. Hence, we feel that the ends of the justice would be met by restoring the matter back to the file of the Assessing Officer to determine the value of the land by making necessary enquiries after giving an opportunity to the assessee and on considering the stand

GLAXOSMITHKLINE ASIA PVT. LTD.,GURGAON vs. ACIT, CHANDIGARH

In the result, all the appeals of the assessee and the Revenue, stand partly allowed for statistical purposes

49,355 to its group company, namely. GlaxoSmithKline Exports Limited. UK and earned an operating profit of 9.59% over cost. It shall be noted here that there could not be nay motive on the part of the appellant to divert any part of its profit to its foreign associated enterprises, by way of selling goods at a lower price

M/S GLAXO SMITHKLINE ASIA PVT. LTD.,GURGAON vs. ACIT, C-4(1), CHANDIGARH

In the result, all the appeals of the assessee and the Revenue, stand partly allowed for statistical purposes

49,355 to its group company, namely. GlaxoSmithKline Exports Limited. UK and earned an operating profit of 9.59% over cost. It shall be noted here that there could not be nay motive on the part of the appellant to divert any part of its profit to its foreign associated enterprises, by way of selling goods at a lower price

M/S GLAXO SMITHKLINE ASIA PVT. LTD.,NABHA vs. DCIT, C-4(1), CHANDIGARH

In the result, all the appeals of the assessee and the Revenue, stand partly allowed for statistical purposes

49,355 to its group company, namely. GlaxoSmithKline Exports Limited. UK and earned an operating profit of 9.59% over cost. It shall be noted here that there could not be nay motive on the part of the appellant to divert any part of its profit to its foreign associated enterprises, by way of selling goods at a lower price

GLAXOSMITHKLINE ASIA PVT. LTD.,GURGAON vs. ACIT, CHANDIGARH

In the result, all the appeals of the assessee and the Revenue, stand partly allowed for statistical purposes

49,355 to its group company, namely. GlaxoSmithKline Exports Limited. UK and earned an operating profit of 9.59% over cost. It shall be noted here that there could not be nay motive on the part of the appellant to divert any part of its profit to its foreign associated enterprises, by way of selling goods at a lower price

GLAXOSMITHKLINE ASIA PVT. LTD.,GURGAON vs. DCIT, CHANDIGARH

In the result, all the appeals of the assessee and the Revenue, stand partly allowed for statistical purposes

49,355 to its group company, namely. GlaxoSmithKline Exports Limited. UK and earned an operating profit of 9.59% over cost. It shall be noted here that there could not be nay motive on the part of the appellant to divert any part of its profit to its foreign associated enterprises, by way of selling goods at a lower price

ACIT, CHANDIGARH vs. M/S GLAXO SMITHKLINE ASIA PVT. LTD., GURGAON

In the result, all the appeals of the assessee and the Revenue, stand partly allowed for statistical purposes

49,355 to its group company, namely. GlaxoSmithKline Exports Limited. UK and earned an operating profit of 9.59% over cost. It shall be noted here that there could not be nay motive on the part of the appellant to divert any part of its profit to its foreign associated enterprises, by way of selling goods at a lower price

GLAXOSMITHKLINE ASIA PVT. LTD.,GURGAON vs. DCIT, CHANDIGARH

In the result, all the appeals of the assessee and the Revenue, stand partly allowed for statistical purposes

49,355 to its group company, namely. GlaxoSmithKline Exports Limited. UK and earned an operating profit of 9.59% over cost. It shall be noted here that there could not be nay motive on the part of the appellant to divert any part of its profit to its foreign associated enterprises, by way of selling goods at a lower price

ACIT, CHANDIGARH vs. M/S GLAXO SMITHKLINE ASIA PVT. LTD., GURGAON

In the result, all the appeals of the assessee and the Revenue, stand partly allowed for statistical purposes

49,355 to its group company, namely. GlaxoSmithKline Exports Limited. UK and earned an operating profit of 9.59% over cost. It shall be noted here that there could not be nay motive on the part of the appellant to divert any part of its profit to its foreign associated enterprises, by way of selling goods at a lower price

ACIT, CHANDIGARH vs. M/S GLAXO SMITHKLINE ASIA PVT. LTD., GURGAON

In the result, all the appeals of the assessee and the Revenue, stand partly allowed for statistical purposes

49,355 to its group company, namely. GlaxoSmithKline Exports Limited. UK and earned an operating profit of 9.59% over cost. It shall be noted here that there could not be nay motive on the part of the appellant to divert any part of its profit to its foreign associated enterprises, by way of selling goods at a lower price

M/S GLAXO SMITHKLINE ASIA PVT. LTD.,GURGAON vs. ACIT, C-4(1), CHANDIGARH

In the result, all the appeals of the assessee and the Revenue, stand partly allowed for statistical purposes

49,355 to its group company, namely. GlaxoSmithKline Exports Limited. UK and earned an operating profit of 9.59% over cost. It shall be noted here that there could not be nay motive on the part of the appellant to divert any part of its profit to its foreign associated enterprises, by way of selling goods at a lower price