ACIT, NEW DELHI vs. M/S. TANEJA DEVELOPERS & INFRA LTD., NEW DELHI

In the result all the six appeals in the case of two assesses preferred by the assessee and Ld AO are dismissed

Bench: Shri Amit Shukla & Shri Prashant Maharishi

depreciation of Rs. 7,21,421/- , book profit under section 115JB was declared at Rs. 10,46,115/-. 6. In the return filed in response to notice under section 153A

DCIT, NEW DELHI vs. M/S. TANEJA DEVELOPERS & INFRASTRUCTURE LTD., NEW DELHI

In the result all the six appeals in the case of two assesses preferred by the assessee and Ld AO are dismissed

Bench: Shri Amit Shukla & Shri Prashant Maharishi

depreciation of Rs. 7,21,421/- , book profit under section 115JB was declared at Rs. 10,46,115/-. 6. In the return filed in response to notice under section 153A

M/S. TANEJA DEVELOPERS INFRA. LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result all the six appeals in the case of two assesses preferred by the assessee and Ld AO are dismissed

Bench: Shri Amit Shukla & Shri Prashant Maharishi

depreciation of Rs. 7,21,421/- , book profit under section 115JB was declared at Rs. 10,46,115/-. 6. In the return filed in response to notice under section 153A

M/S. TANEJA DEVELOPERS INFRA. LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result all the six appeals in the case of two assesses preferred by the assessee and Ld AO are dismissed

Bench: Shri Amit Shukla & Shri Prashant Maharishi

depreciation of Rs. 7,21,421/- , book profit under section 115JB was declared at Rs. 10,46,115/-. 6. In the return filed in response to notice under section 153A

ACIT, NEW DELHI vs. M/S. MEROFORM INDIA PVT LTD., NOIDA

In the result appeals filed by the revenue are dismissed and appeal filed by the assessee is partly allowed

Bench: Shri Amit Shukla & Shri L.P. Sahu

depreciation on car etc. Sale of Scrap - - - - - 1,74,23,441 3. Whereas on merits the assessee has challenged in the appeal for assessment year 2011-12 following two additions: - i) Addition on account of scrap sales: Rs.1,16,15,628/- ii) Disallowance on account of low declaration of income: Rs. 11,84,425/- 4. The assessee in the revenue

ACIT, NEW DELHI vs. M/S. MEROFORM INDIA PVT LTD., NOIDA

In the result appeals filed by the revenue are dismissed and appeal filed by the assessee is partly allowed

Bench: Shri Amit Shukla & Shri L.P. Sahu

depreciation on car etc. Sale of Scrap - - - - - 1,74,23,441 3. Whereas on merits the assessee has challenged in the appeal for assessment year 2011-12 following two additions: - i) Addition on account of scrap sales: Rs.1,16,15,628/- ii) Disallowance on account of low declaration of income: Rs. 11,84,425/- 4. The assessee in the revenue

M/S. MEROFORM (INDIA) PVT. LTD.,UTTAR PRADESH vs. DCIT, NEW DELHI

In the result appeals filed by the revenue are dismissed and appeal filed by the assessee is partly allowed

Bench: Shri Amit Shukla & Shri L.P. Sahu

depreciation on car etc. Sale of Scrap - - - - - 1,74,23,441 3. Whereas on merits the assessee has challenged in the appeal for assessment year 2011-12 following two additions: - i) Addition on account of scrap sales: Rs.1,16,15,628/- ii) Disallowance on account of low declaration of income: Rs. 11,84,425/- 4. The assessee in the revenue

ACIT, NEW DELHI vs. M/S. MEROFORM INDIA PVT LTD., NOIDA

In the result appeals filed by the revenue are dismissed and appeal filed by the assessee is partly allowed

Bench: Shri Amit Shukla & Shri L.P. Sahu

depreciation on car etc. Sale of Scrap - - - - - 1,74,23,441 3. Whereas on merits the assessee has challenged in the appeal for assessment year 2011-12 following two additions: - i) Addition on account of scrap sales: Rs.1,16,15,628/- ii) Disallowance on account of low declaration of income: Rs. 11,84,425/- 4. The assessee in the revenue

ACIT, NEW DELHI vs. M/S. MEROFORM INDIA PVT LTD., NOIDA

In the result appeals filed by the revenue are dismissed and appeal filed by the assessee is partly allowed

Bench: Shri Amit Shukla & Shri L.P. Sahu

depreciation on car etc. Sale of Scrap - - - - - 1,74,23,441 3. Whereas on merits the assessee has challenged in the appeal for assessment year 2011-12 following two additions: - i) Addition on account of scrap sales: Rs.1,16,15,628/- ii) Disallowance on account of low declaration of income: Rs. 11,84,425/- 4. The assessee in the revenue

ACIT, NEW DELHI vs. M/S. MEROFORM INDIA PVT LTD., NOIDA

In the result appeals filed by the revenue are dismissed and appeal filed by the assessee is partly allowed

Bench: Shri Amit Shukla & Shri L.P. Sahu

depreciation on car etc. Sale of Scrap - - - - - 1,74,23,441 3. Whereas on merits the assessee has challenged in the appeal for assessment year 2011-12 following two additions: - i) Addition on account of scrap sales: Rs.1,16,15,628/- ii) Disallowance on account of low declaration of income: Rs. 11,84,425/- 4. The assessee in the revenue

ACIT, NEW DELHI vs. M/S. MEROFORM INDIA PVT LTD., NOIDA

In the result appeals filed by the revenue are dismissed and appeal filed by the assessee is partly allowed

Bench: Shri Amit Shukla & Shri L.P. Sahu

depreciation on car etc. Sale of Scrap - - - - - 1,74,23,441 3. Whereas on merits the assessee has challenged in the appeal for assessment year 2011-12 following two additions: - i) Addition on account of scrap sales: Rs.1,16,15,628/- ii) Disallowance on account of low declaration of income: Rs. 11,84,425/- 4. The assessee in the revenue

ANAND KUMAR JAIN,FARIDABAD vs. DCIT, CENTRAL CIRCLE-25, NEW DELHI

In the result, the appeal of the assessee is allowed

Bench: Shri H.S. Sidhu & Shri B.R.R. Kumar

depreciation based on material found in the course of search conducted by the Department in the case of some other person. This judgment also supports the contention of the assessee that no addition could be made in the assessments framed under section 153A

SAJAN KUMAR JAIN,DELHI vs. DCIT,CENTRAL CIRCLE-25, NEW DELHI

In the result, the appeal of the assessee is allowed

Bench: Shri H.S. Sidhu & Shri B.R.R. Kumar

depreciation based on material found in the course of search conducted by the Department in the case of some other person. This judgment also supports the contention of the assessee that no addition could be made in the assessments framed under section 153A

ANAND KUMAR JAIN,NEW DELHI vs. DCIT, CENTRAL CIRCLE- 25, NEW DELHI

In the result, the appeal of the assessee is allowed

Bench: Shri H.S. Sidhu & Shri B.R.R. Kumar

depreciation based on material found in the course of search conducted by the Department in the case of some other person. This judgment also supports the contention of the assessee that no addition could be made in the assessments framed under section 153A

ANAND KUMAR JAIN,NEW DELHI vs. DCIT, CENTRAL CIRCLE- 25, NEW DELHI

In the result, the appeal of the assessee is allowed

Bench: Shri H.S. Sidhu & Shri B.R.R. Kumar

depreciation based on material found in the course of search conducted by the Department in the case of some other person. This judgment also supports the contention of the assessee that no addition could be made in the assessments framed under section 153A

ANAND JAIN HUF,NEW DELHI vs. DCIT, CENTRAL CIRCLE- 25, NEW DELHI

In the result, the appeal of the assessee is allowed

Bench: Shri H.S. Sidhu & Shri B.R.R. Kumar

depreciation based on material found in the course of search conducted by the Department in the case of some other person. This judgment also supports the contention of the assessee that no addition could be made in the assessments framed under section 153A

ANAND JAIN HUF,NEW DELHI vs. DCIT, CENTRAL CIRCLE- 25, NEW DELHI

In the result, the appeal of the assessee is allowed

Bench: Shri H.S. Sidhu & Shri B.R.R. Kumar

depreciation based on material found in the course of search conducted by the Department in the case of some other person. This judgment also supports the contention of the assessee that no addition could be made in the assessments framed under section 153A

SATISH DEV JAIN,DELHI vs. DCIT, CENTRAL CIRCLE-25, NEW DELHI

In the result, the appeal of the assessee is allowed

Bench: Shri H.S. Sidhu & Shri B.R.R. Kumar

depreciation based on material found in the course of search conducted by the Department in the case of some other person. This judgment also supports the contention of the assessee that no addition could be made in the assessments framed under section 153A

PR. COMMISSIONER OF INCOME TAX-19 vs. SHRI ANKUR AGGARWAL

Bench: HON'BLE MR. JUSTICE S. RAVINDRA BHAT,HON'BLE MR. JUSTICE NAJMI WAZIRI

153A in comparison to the original return filed under Section 139(1). 14. The Supreme Court held, in Shri T. Ashok Pai v. Commissioner of Income Tax, Bangalore (2007) 7 SCC 162, that penalty under Section 271(1)(c) is not to be mandatorily imposed. In other words, the levy of penalty under this provision is not automatic. This view