LT FOODS LTD.,NEW DELHI vs. DCIT, NEW DELHI

The appeal of the assessee is partly allowed

Bench: Shri N.K. Billaiya & Shri Yogesh Kumar U.S

section 80IB(11A). 9 2 That in view of the facts and circumstances of the case and in law the A.O. has erred in law and on facts in not following Ld. D.R.P. directions to verify the issue afresh. Addition U/s 14A r/w Rule 8D 10. That in view of the facts and circumstances of the case

DAWAT FOODS LTD.,GURGAON vs. ACIT, NEW DELHI

In the result, the appeal of the assessee is partly allowed as indicated above and the appeal of the Revenue is dismissed

Bench: Shri G. S. Pannua N D Shri Challa Nagendra Prasad

section 80IB (11A) of the Act the Tribunal observed as under:- Cross I.T.A. Nos. 1758 & 2387/Del/2017 “22. As regards Ground No. 3 to 5 of the Revenue’s appeal, relating to deduction u/s 80IB (11A), the Ld. DR submitted that the assessee has integrated business and is claiming old machinery and its depreciation

JCIT, NEW DELHI vs. M/S. DAAWAT FOODS LTD., NEW DELHI

In the result, the appeal of the assessee is partly allowed as indicated above and the appeal of the Revenue is dismissed

Bench: Shri G. S. Pannua N D Shri Challa Nagendra Prasad

section 80IB (11A) of the Act the Tribunal observed as under:- Cross I.T.A. Nos. 1758 & 2387/Del/2017 “22. As regards Ground No. 3 to 5 of the Revenue’s appeal, relating to deduction u/s 80IB (11A), the Ld. DR submitted that the assessee has integrated business and is claiming old machinery and its depreciation

DAAWAT FOODS LTD.,NEW DELHI vs. ACIT, NEW DELHI

Appeal are dismissed

Bench: Shri R. K. Panda & Ms Suchitra Kamble(Through Video Conferencing)

11A) are fulfilled and, therefore, entitled to the deduction under section 80IB(11 A) of the Act. 5. On the facts and in the circumstances of the case, the CIT(A) has failed to appreciate the bare facts of the case that the plant & machinery put to use prior to 01.04.2001 in Bahalgarh Unit, constituted more than

DCIT, NEW DELHI vs. M/S DAAWAT FOODS LTD.,, NEW DELHI

Appeal are dismissed

Bench: Shri R. K. Panda & Ms Suchitra Kamble(Through Video Conferencing)

11A) are fulfilled and, therefore, entitled to the deduction under section 80IB(11 A) of the Act. 5. On the facts and in the circumstances of the case, the CIT(A) has failed to appreciate the bare facts of the case that the plant & machinery put to use prior to 01.04.2001 in Bahalgarh Unit, constituted more than

ACIT, NEW DELHI vs. M/S. LVP FOODS PVT. LTD., NEW DELHI

In the result, the appeal of the revenue is dismissed

Bench: Shri O.P. Kant & Shri K.N. Chary[Through Video Conferencing] Assessment Year: 2013-14

section 80IB(11A) of the Act. 5.3 On the contrary, the learned counsel for the assessee relied on the order of the Ld. CIT(A) and submitted that Revenue has not challenged the disallowance of the depreciation

PRAVEEN SONI vs. COMMISSIONER OF INCOME TAX

Appeal is allowed in the aforesaid terms

Bench: HON'BLE MR. JUSTICE A.K.SIKRI,HON'BLE MR. JUSTICE M.L. MEHTA

11A and 13 of the I.D.R. Act by the Central government and are covered by the ITA No.1145 of 2009 Page 13 of 19 provisions of paragraphs (1) and (2) above relating to the ancillary or small scale industrial undertaking, may be registered at the discretion of the owner as such within a period of 180 days from the date

PRAVEEN SONI vs. COMMISSIONER OF INCOME TAX

Appeal is allowed in the aforesaid terms

11A and 13 of the I.D.R. Act by the Central government and are covered by the 2011:DHC:1910-DB ITA No.1145 of 2009 Page 13 of 19 provisions of paragraphs (1) and (2) above relating to the ancillary or small scale industrial undertaking, may be registered at the discretion of the owner as such within a period

ACIT CIRCLE-15(1), NEW DELHI vs. LTC COMMERCIAL COMPANY PVT LTD, NEW DELHI

In the result appeal of the Revenue is dismissed

Bench: Shri N.K. Billaiya & Shri Amit Shuklaasstt. Year: 2014-15

depreciation as per I T Act, the ‘Income from Business’ has been worked out at Rs. 7,54,53,146/- out of which an amount of Rs 6,40,43,928/- has been claimed as deduction under section 80IB (11A

DCIT CENTRAL CIRCLE-17, NEW DELHI vs. AL AMMAR FROZEN FOODS EXPORTS PVT. LTD, NEW DELHI

In the result, appeal of the Revenue is dismissed and cross\nobjection filed by the assessee is dismissed as infructuous

depreciation of\nRs.6,93,916/- and Rs.2,31,15,712/- respectively were not adjusted\nin this revised return. Hence, in order to rectify the aforesaid error,\nthe Assessee Company filed a second revised return dated\n10.11.2020 under Section 139(5) of the Act which included both the\ndeduction under Section 80IB(11A

JCIT SPL. RANGE-12, NEW DELHI vs. ARIHANTA INDUSTRIES, DELHI

In the result, both the appeals of the Revenue are allowed

Bench: Sh. Saktijit Deydr. B. R. R. Kumar

depreciation. The AO has also examined and found that the assessee has purchased plant & machinery from the following parties: S. No Name and address of the Firm/Shop Bill No. and date Amount of bill 1. M/s Rahul Enterprises Bill No. 132 dated 05.01.2010 4,74,300/- 2. M / s Rahul Enterprises Bill No. 139 dated

COMMISSIONER OF INCOME TAX-VI vs. VRM INDIA LTD

11A) and (11B) (such business being hereinafter referred to as the eligible business), there shall, in accordance with and subject to the provisions of this section, be allowed, in computing the total income of the assessee, a deduction from such profits and gains of an amount equal to such percentage and for such number of assessment years as specified

COMMISSIONER OF INCOME TAX-VI vs. VRM INDIA LTD

11A) and (11B) (such business being hereinafter referred to as the eligible business), there shall, in accordance with and subject to the provisions of this section, be allowed, in computing the total income of the assessee, a deduction from such profits and gains of an amount equal to such percentage and for such number of assessment years as specified

COMMISSIONER OF INCOME TAX-VI vs. VRM INDIA LTD

11A) and (11B) (such business being hereinafter referred to as the eligible business), there shall, in accordance with and subject to the provisions of this section, be allowed, in computing the total income of the assessee, a deduction from such profits and gains of an amount equal to such percentage and for such number of assessment years as specified

ITO (E), NEW DELHI vs. M/S. INDIAN OLYMPIC ASSOCIATION, NEW DELHI

In the result, the appeal of the Revenue in ITA No

Bench: Shri N.K. Billaiya & Shri Kuldip Singh[A.Y 2011-12] The D.C.I.T. Vs. India Olympic Association Circle - 1 Olympic Bhavan, B -29 Dehradun Qutub Institutional Area New Delhi

section 2(15) of the Act is not applicable to the facts of the case and the assessee-association deserves benefit u/s 11/12 of the Act. We, therefore, do not find any reason to interfere with the findings of the first appellate authority. Ground No. 1 is accordingly dismissed. 27. Next grievance relates to allowance of depreciation. 28. This issue

ITO (EXEMPTIONS), NEW DELHI vs. M/S. INDIAN OLYMPIC ASSOCIATION, NEW DELHI

In the result, the appeal of the Revenue in ITA No

Bench: Shri N. K. Saini & Ms Suchitra Kambleito (Exemptions) Vs Indian Olympic Association Ward-1(2), Room No. 2417, 24Th Olympic Bhawan, Floor, B-29. Qutub Institutional E-2-Block, Pratyaksh Kar Area Bhawan, Dr. Shyama Prasad New Delhi Mukherjee Civil Centre, Jawahar Aaat13010J Lal Nehru Marg New Delhi (Respondent) (Appellant)

section 2(15) of the Act is not applicable to the facts of the case and the assessee-association deserves benefit u/s 11/12 of the Act. We, therefore, do not find any reason to interfere with the findings of the first appellate authority. Ground No. 1 is accordingly dismissed. 27 . Next grievance relates to allowance of depreciation. 28. This issue

ITO (EXEMPTIONS), WARD-1(2), NEW DELHI vs. INDIAN OLYMPIC ASSOCIATION, NEW DELHI

section 2(15) of the Act is not applicable to the facts of the case and the assessee-association deserves benefit u/s 11/12 of the Act. We, therefore, do not find any reason to interfere with the findings of the first appellate authority. Ground No. 1 is accordingly dismissed. 27. Next grievance relates to allowance of depreciation. 28. This issue

DDIT (E), NEW DELHI vs. M/S. AMERICAN ASIA PACIFIC LLC, NEW DELHI

In the result, the appeal of the revenue is dismissed

Bench: Shri J.S. Reddy & Shri A.T. Varkey

11A, Vishnu Digamber Marg, 4, Parliament Street, New Delhi – 110 002. (PAN : AAECA4117B) (APPELLANT) (RESPONDENT) ASSESSEE BY : S/Shri Pawan Kumar and Arvind Rajan, CA REVENUE BY : Shri S.K. Jain, DR O R D E R PER A.T. VARKEY, JUDICIAL MEMBER : This is revenue’s appeal against the order of the CIT (Appeals)-XXIX, New Delhi dated 07.09.2013 for the assessment

VIALLE ALTERNATIVE FUEL SYSTEMS PVT. LTD.,NEW DELHI vs. ITO, WARD- 17(2), NEW DELHI

In the result, the appeal of the assessee in ITA No

Bench: Shri N.K. Billaiya & Shri Challa Nagendra Prasad

11A New Delhi Non Hierarchical Commercial Centre Jasola, New Delhi PAN: AAACV 9980 B (Applicant) (Respondent) Assessee By : Shri K.V.S.R Krishna, Adv Department By : Shri Mrinal Kumar Das, Sr. DR Date of Hearing : 19.01.2022 Date of Pronouncement : 20.01.2022 ORDER PER N.K. BILLAIYA, ACCOUNTANT MEMBER:- This appeal by the assessee is preferred against the order