SH. SURENDER KUMAR CHAWLA,RUDRAPUR vs. ACIT, CC- HALDWANI, HALDWANI

In the result, assessee's appeals; ITA No

68 of the Income Tax\nAct, 1961.\nITA No.210, 62, 63, 74 to76 /DDN/2024\nSurender Kumar Chawla\n9. The learned assessing officer as also learned CIT(A) have erred in making\nand confirming addition of Rs35,00,000/- allegedly as unexplained\ninvestment u/s 69 on account of alleged payments made to Randhir Singh,\nRamveer Singh and Ganesh Singh

DHANANJAY GIRI,HALDWANI vs. ACIT, HALDWANI

Appeal is allowed for statistical purposes

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal(Through Video Conferencing) Assessment Year: 2017-18 Sh. Dhananjay Giri, Vs. Acit, Circle-2(1)(1), Matta Garg & Co., Chartered Haldwani Accountants, 15, Astley Hall, Dehradun Pan :Altpg7344P (Appellant) (Respondent) Assessee By Sh. S.K. Matta, Ca Department By Sh. Amar Pal Singh, Sr. Dr

section 68 addition(s) in their respective findings, we note from a perusal of the case records at page 41

ACIT, UTTRAKHAND vs. M/S. UTTARANCHAL JAL VIDYUT NIGAM LTD., DEHRADUN

In the result, the appeal filed by the Revenue is dismissed

Bench: Shri R.K. Panda & Shri Challa Nagendra Prasadassessment Year: 2012-13 Acit, Vs. Uttaranchal Jal Vidyut Circle-2, Nigam Ltd., 13-A, Subhash Road, Ujjwal, Maharani Bagh, Uttarakhand. Gms Road, Dehradun. Pan: Aaacu6672R (Appellant) (Respondent) Assessee By : Dr. Rakesh Gupta, Advocate & Shri Somil Aggarwal, Advocate Revenue By : Smt. Poonam Sharma, Sr. Dr Date Of Hearing : 22.12.2021 Date Of Pronouncement : 24.12.2021 Order Per R.K. Panda, Am: This Appeal Filed By The Revenue Is Directed Against The Order Dated 29Th December, 2016 Of The Cit(A), Dehradun, Relating To Assessment Year 2012-13. 2. The Only Effective Ground Raised By The Revenue Reads As Under:- “1. The Ld.Cit(A) Has Erred In Law & On Facts By Allowing Depreciation On Assets For Which The Actual Cost As Per Section 43(1) Of The Income Tax Act, 1961 Was Nil. 2. The Order Of The Ld.Cit(Appeals) Be Set Aside & That Of The Assessing Officer Be Restored.”

section 63 of the U.P. Reorganization Act, 2000 (did not amount*)(* should read “amounted to”) to a demerger. In the circumstances, it is held that the view of the A.O. that the assets have been acquired free of cost and, therefore, the depreciation is not allowable on them is not sustainable. In the circumstances, the disallowance and addition

B.A. INTERNATIONAL,MEERUT vs. DCIT CIRCLE-1(3)(1), HARIDWAR, HARIDWAR

In the result, the appeal of the assessee is allowed

Bench: Shri Yogesh Kumar U.S. & Shri Manish Agarwal[Assessment Year : 2017-18] Sumit Kaur Vs Cit(Appeals)/ Ito C/O-Matta Garg & Co., 13A, Subhash 15, Astley Hall, Dehradun, Road, Dehradun Uttarakhand-248001 Uttarakhand Pan-Dmapk1959K Appellant Respondent Appellant By Shri S.K.Matta, Ca Respondent By Ms. Poonam Sharma, Cit Dr Date Of Hearing 11.03.2026 Date Of Pronouncement 13.03.2026 Order Per Bench: The Present Appeal Is Filed By Assessee Against The Order Dated 23.12.2025 Passed By Ld. Commissioner Of Income Tax (A), Nfac, Delhi [“Ld.Cit(A)”] U/S 250 Of The Income Tax Act, 1961 [“The Act”] Arising Out Of Assessment Order Dated 06.11.2019 Passed U/S 143(3) Of The Act Pertaining To Assessment Year 2017-18. 2. Brief Facts Of The Case Are That The Assessee Is An Advocate By Profession & Return Of Income Was Filed On 21.08.2017, Declaring Total Income Of Inr 63,20,030/-. The Case Was Selected For Scrutiny & The Assessment Was Completed U/S 143(3) Of The Act Wherein Addition Of Inr 41 Lakhs Was Made By Holding The Investment Made In Fdr As Unexplained & Further Invoked The Provision Of Section 115Bbe Of The Act. 3. In First Appeal, Ld.Cit(A) Enhanced The Income & Confirmed The Addition Of Inr 60 Lakhs U/S 68 Of The Act By Holding That The Cash Deposited During Demonetization Period Is Unexplained & No Addition Is Sustained Towards The Investment In Fdr.

41 Lakhs was made by holding the investment made in FDR as unexplained and further invoked the provision of section 115BBE of the Act. 3. In first appeal, Ld.CIT(A) enhanced the income and confirmed the addition of INR 60 Lakhs u/s 68

SUMIT KAUR,DEHRADUN vs. INCOME TAX OFFICE, DEHRADUN, DEHRADUN

In the result, the appeal of the assessee is allowed

Bench: Shri Yogesh Kumar U.S. & Shri Manish Agarwal[Assessment Year : 2017-18] Sumit Kaur Vs Cit(Appeals)/ Ito C/O-Matta Garg & Co., 13A, Subhash 15, Astley Hall, Dehradun, Road, Dehradun Uttarakhand-248001 Uttarakhand Pan-Dmapk1959K Appellant Respondent Appellant By Shri S.K.Matta, Ca Respondent By Ms. Poonam Sharma, Cit Dr Date Of Hearing 11.03.2026 Date Of Pronouncement 13.03.2026 Order Per Bench: The Present Appeal Is Filed By Assessee Against The Order Dated 23.12.2025 Passed By Ld. Commissioner Of Income Tax (A), Nfac, Delhi [“Ld.Cit(A)”] U/S 250 Of The Income Tax Act, 1961 [“The Act”] Arising Out Of Assessment Order Dated 06.11.2019 Passed U/S 143(3) Of The Act Pertaining To Assessment Year 2017-18. 2. Brief Facts Of The Case Are That The Assessee Is An Advocate By Profession & Return Of Income Was Filed On 21.08.2017, Declaring Total Income Of Inr 63,20,030/-. The Case Was Selected For Scrutiny & The Assessment Was Completed U/S 143(3) Of The Act Wherein Addition Of Inr 41 Lakhs Was Made By Holding The Investment Made In Fdr As Unexplained & Further Invoked The Provision Of Section 115Bbe Of The Act. 3. In First Appeal, Ld.Cit(A) Enhanced The Income & Confirmed The Addition Of Inr 60 Lakhs U/S 68 Of The Act By Holding That The Cash Deposited During Demonetization Period Is Unexplained & No Addition Is Sustained Towards The Investment In Fdr.

41 Lakhs was made by holding the investment made in FDR as unexplained and further invoked the provision of section 115BBE of the Act. 3. In first appeal, Ld.CIT(A) enhanced the income and confirmed the addition of INR 60 Lakhs u/s 68

ACIT, CIRCLE- 3, NAINITAL vs. KUMAON MANDAL VIKAS NIGAM LTD., NAINITAL

In the result, both appeals of the Revenue are partly allowed as above

Bench: Shri Vikas Awasthy & Shri Avdhesh Kumar Mishra

68,009/- instead of returned loss of (-) Rs.76,05,926/- (ii) Disallowance of employees’ contribution in EPF and ECGI under section 36(1)(va) r.w.s.2(24)(x) and 43B of the Act. (iii) Disallowance of interest of Rs.50,50,442/- on Government loans/ advances (iv) Disallowance of shortage/shrinkage of stock of petroleum products sold from petrol pumps

ACIT, NAINITAL vs. M/S. KUMAON MANDAL VIKAS NIGAM LTD., NAINITAL

In the result, both appeals of the Revenue are partly allowed as above

Bench: Shri Vikas Awasthy & Shri Avdhesh Kumar Mishra

68,009/- instead of returned loss of (-) Rs.76,05,926/- (ii) Disallowance of employees’ contribution in EPF and ECGI under section 36(1)(va) r.w.s.2(24)(x) and 43B of the Act. (iii) Disallowance of interest of Rs.50,50,442/- on Government loans/ advances (iv) Disallowance of shortage/shrinkage of stock of petroleum products sold from petrol pumps

ADIT (INTERNATIONAL TAXATION), DEHRADUN vs. M/S. M.I, OVERSEAS LTD., MUMBAI

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

41. ITA number 462/Del/2012 is filed by the assessee against the order passed by the learned Assistant Director Of Income Tax, International Taxation, Dehradun (the learned AO) passed on 25 November 2011 u/s 143 (3) read with Section 144C (13) of The Income Tax Act, 1961 for assessment year 2008 – 09. In this case the assessee filed its return

MI OVERSEAS LTD.,MUMBAI vs. ADIT, DEHRADUN

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

41. ITA number 462/Del/2012 is filed by the assessee against the order passed by the learned Assistant Director Of Income Tax, International Taxation, Dehradun (the learned AO) passed on 25 November 2011 u/s 143 (3) read with Section 144C (13) of The Income Tax Act, 1961 for assessment year 2008 – 09. In this case the assessee filed its return

MI OVERSEAS LTD.,MUMBAI vs. ADIT, DEHRADUN

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

41. ITA number 462/Del/2012 is filed by the assessee against the order passed by the learned Assistant Director Of Income Tax, International Taxation, Dehradun (the learned AO) passed on 25 November 2011 u/s 143 (3) read with Section 144C (13) of The Income Tax Act, 1961 for assessment year 2008 – 09. In this case the assessee filed its return

MI OVERSEAS LTD.,MUMBAI vs. ADIT, DEHRADUN

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

41. ITA number 462/Del/2012 is filed by the assessee against the order passed by the learned Assistant Director Of Income Tax, International Taxation, Dehradun (the learned AO) passed on 25 November 2011 u/s 143 (3) read with Section 144C (13) of The Income Tax Act, 1961 for assessment year 2008 – 09. In this case the assessee filed its return

MI OVERSEAS LTD.,NEW DELHI vs. ADIT, DEHRADUN

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

41. ITA number 462/Del/2012 is filed by the assessee against the order passed by the learned Assistant Director Of Income Tax, International Taxation, Dehradun (the learned AO) passed on 25 November 2011 u/s 143 (3) read with Section 144C (13) of The Income Tax Act, 1961 for assessment year 2008 – 09. In this case the assessee filed its return

ADIT, DEHRADUN vs. M/S. M.I. OVERSEAS LTD., NOIDA

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

41. ITA number 462/Del/2012 is filed by the assessee against the order passed by the learned Assistant Director Of Income Tax, International Taxation, Dehradun (the learned AO) passed on 25 November 2011 u/s 143 (3) read with Section 144C (13) of The Income Tax Act, 1961 for assessment year 2008 – 09. In this case the assessee filed its return

ADIT (INTERNATIONAL TAXATION), DEHRADUN vs. M/S. M.I, OVERSEAS LTD., MUMBAI

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

41. ITA number 462/Del/2012 is filed by the assessee against the order passed by the learned Assistant Director Of Income Tax, International Taxation, Dehradun (the learned AO) passed on 25 November 2011 u/s 143 (3) read with Section 144C (13) of The Income Tax Act, 1961 for assessment year 2008 – 09. In this case the assessee filed its return

BG EXPLORATION & PRODUCTION INDIA LIMITED,MUMBAI vs. THE DEPUTY COMMISSIONER OF INCOME TAX DDIT/ADIT (INTERNATIONAL TAXATION ) CIRCLE-1, DEHRADUN

In the result, the appeal of the assessee is partly allowed

Bench: Shri R.K. Panda & Shri V.P. Raoassessment Years: 2016-17

41. In view of the settlement proposition of law discussed in the preceding paras, we are of the considered view that when the taxpayer has prepared obsolete inventory in accordance with the system of accounting regularly followed by it in compliance to section 211 (3C) of the Companies (Accounting Standards) Rules, 2006 as amended and other relevant provisions

BG EXPLORATION & PRODUCTION INDIA LIMITED,MUMBAI vs. THE DEPUTY COMMISSIONER OF INCOME TAX, DDIT/ADIT (INTERNATIONAL TAXATION), CIRCLE -1, DEHRADUN

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

41 . In view of the settlement proposition of law discussed in the preceding paras, we are of the considered view that when the taxpayer has prepared obsolete inventory in accordance with the system of accounting regularly followed by it in compliance to section 211 (3C) of the Companies (Accounting Standards) Rules , 2006 as amended and other relevant 26 provisions

DCIT, CIRCLE- 2, INTL. TAXATION, DEHRADUN vs. SCHLUMBERGER ASIA SERVICES LTD., DEHRADUN

In the result, the appeal of the assessee for the Asst Year 2015-16 is partly allowed and that of the revenue is dismissed

Bench: Shri Saktijit Dey & Shri M. Balaganeshita No. 5223/Del/2018 (A. Y.: 2015-16) Schlumberger Asia Services Ltd, Vs. Dcit, 14Th Floor, Tower-C, Building Circle-2, No. 1, Dlf City, Phase-Ii, International Taxation, Gurgaon Dehradun (Appellant) (Respondent) Pan: Aadcs1107J

41,255/- (25% of Rs 17,33,89,023/-) and completed the assessment. The ld. AO further observed that the following receipts were not considered as part of gross contractual receipts by the assessee :- a) Service tax receipts amounting to Rs 241,32,45,767/- b) Lost in Hole amounting to Rs 80,68,19,422/- c) Reimbursement amounting

DCIT, CIRCLE- 2, INTL. TAXATION, DEHRADUN vs. SCHLUMBERGER ASIA SERVICES LTD., DEHRADUN

In the result, the appeal of the assessee for the Asst Year 2015-16 is partly allowed and that of the revenue is dismissed

Bench: Shri Saktijit Dey & Shri M. Balaganeshita No. 5223/Del/2018 (A. Y.: 2015-16) Schlumberger Asia Services Ltd, Vs. Dcit, 14Th Floor, Tower-C, Building Circle-2, No. 1, Dlf City, Phase-Ii, International Taxation, Gurgaon Dehradun (Appellant) (Respondent) Pan: Aadcs1107J

41,255/- (25% of Rs 17,33,89,023/-) and completed the assessment. The ld. AO further observed that the following receipts were not considered as part of gross contractual receipts by the assessee :- a) Service tax receipts amounting to Rs 241,32,45,767/- b) Lost in Hole amounting to Rs 80,68,19,422/- c) Reimbursement amounting