INSTITUTE OF CLINICAL RESEARCH (INDIA) SOCIETY,DEHRADUN vs. ACIT, DEHRADUN

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

Bench: Shri Satbeer Singh Godara & Shri Naveen Chandra

40A(2)(b) of the Act, for the purpose of providing infrastructural facility/services for providing education for clinical research, as the assessee was not having any wherewithal for the said purpose. The AO disallowed 10% of service charges, amounting to Rs. 2,12,29,950/-, paid to the related party by holding that the payments made were excessive and unreasonable

RITU SINGHAL,DEHRADUN vs. DCIT/ACIT , CENTRAL CIRCLE, DEHRADUN

In the result, appeal of the assessee is allowed

40A(2) of\nIncome Tax Act, 1961. The withdrawals from these accounts were done as and when\ndemanded by the employee due to the employees' limited financial literacy. These\naccounts were opened with schedule bank and all guidelines and RBI norms such as\nsubmission of PAN Card, Aadhaar Card, Address Proof, etc. were fulfilled. There was\nno other way possible

DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE), DEHRADUN, DEHRADUN vs. STONEFIELD CONSTRUCTION, DEHRADUN, DEHRADUN

In the result, appeal of the Revenue is partly allowed

b) Disallowance u/s 40a(ia) of INR 16,18,500/-; (c) Disallowance u/s 40A(3) of the Act INR 30,000/- 3. Besides this, AO treated the income declared in the return of income filed at INR 3.89 crores on account of difference in survey during the course of search as unexplained investment u/s 69A of the Act as against

SHIV DAYAL GUPTA AGENCIES P.LTD,KOTDWAR vs. DCIT, CIRCLE-1(4)(1), RISHIKESH

In the result, the appeal of the Assessee is allowed

Bench: Sh. C. N. Prasad & Shri M. Balaganesh(Through Video Conferencing) Shiv Dayal Gupta Agencies P. Ltd, Vs. Dcit, 599, Badrinath Marg, Kotdwae, Circle-1(4)(1), Dehradun Rishikesh (Appellant) (Respondent) Pan: Aaccs8810R

section 40A(2)(b) of the Act could not be invoked in the instant case as interest paid cannot be treated as excessive or unreasonable. Accordingly, we direct the ld AO to delete the disallowance

M.B. PETROLEUM SERVICES LLC,NEW DELHI vs. DCIT (INTERNATIONAL TAXATION), DEHRADUN

In the result, the appeal of the assessee is allowed

40a(ia) of the Act for non deduction of TDS. 7. Without prejudice to above and in law and circumstances of the case, the Ld. AO has erred in denying the claim of depreciation and amortization of Rs. 49,75,184/-. 8. Without prejudice to above and in law and circumstances of the case, the Ld. AO erred in disallowing

EKSHAD AHAMAD PATODI,U S NAGAR vs. ACIT(OSD), WARD-2(3)(5), KHATIMA

In the result, the Appeal filed by the assessee is allowed

Bench: Dr. B. R. R. Kumar & Shri Yogesh Kumar Us

B. R. R. KUMAR, ACCOUNTANT MEMBER AND SHRI YOGESH KUMAR US, JUDICIAL MEMBER I.T.A. No. 76/DDN/2019 (A.Y 2012-13) Ekshad Ahmad Patodi, U S Nagar ACIT, (OSD) Vs. Prop. M/s New Hind Agency, Ward-2(3) (5) Ward No. 2, Near Jama Masjid, Khatima, Udham Singh Sitarganj, Udham Singh Nagar, Nagar, Uttarakhand Uttarakhand, PAN No. ARKPP3016C (RESPONDENT) (APPELLANT) None Assessee