ADIT (E), NEW DELHI vs. ANAND EDUCATION SOCIETY, NEW DELHI

In the result, appeal of the assessee is allowed and that of the department is dismissed

Bench: Sh. N. K. Saini, Am & Sh. Kuldip Singh, Jm Ita No. 761/Del/2013 : Asstt. Year : 2009-10 Anand Education Society, Vs Asstt. Director Of Income Tax(E) 30, Community Centre, Ashok Trust Circle-Ii, Vihar, Phase-I, New Delhi New Delhi-110052 (Appellant) (Respondent)

254 ITR 268 (Del) is also to the same effect. The following are the decision on section 13(3) of the IT Act, 1961 giving below for your kindly consideration. A) Asstt. Commissioner of IT, Faridabad Vs M/s Idicula Trust Society ITA No.4514/Del/2011 B) Income tax Officer vs. M/s Resource Development & Management Trust (ASBM Trust) ITA No. 14/CTK/20I1 C) Career

DCIT, NEW DELHI vs. M/S. NATIONAL BUILDING CONSTRUCTION CORPORATION LTD.,, NEW DELHI

In the result, all the appeals filed by the Revenue are dismissed and the

Bench: Shri Inturi Rama Rao & Shri Sudhanshu Srivastava

depreciation of Rs.12,74,14,023/- subject to verification of the figures as shown by the appellant company in the chart with the departmental records. As a result, the appeal filed by the assesse is partly allowed in the aforesaid manner.” Being aggrieved by the above order, the Revenue is before us with the present appeals. 3. The grievance

DCIT, NEW DELHI vs. M/S. NATIONAL BUILDING CONSTRUCTION CORPORATION LTD.,, NEW DELHI

In the result, all the appeals filed by the Revenue are dismissed and the

Bench: Shri Inturi Rama Rao & Shri Sudhanshu Srivastava

depreciation of Rs.12,74,14,023/- subject to verification of the figures as shown by the appellant company in the chart with the departmental records. As a result, the appeal filed by the assesse is partly allowed in the aforesaid manner.” Being aggrieved by the above order, the Revenue is before us with the present appeals. 3. The grievance

DCIT, NEW DELHI vs. M/S. NATIONAL BUILDING CONSTRUCTION CORPORATION LTD.,, NEW DELHI

In the result, all the appeals filed by the Revenue are dismissed and the

Bench: Shri Inturi Rama Rao & Shri Sudhanshu Srivastava

depreciation of Rs.12,74,14,023/- subject to verification of the figures as shown by the appellant company in the chart with the departmental records. As a result, the appeal filed by the assesse is partly allowed in the aforesaid manner.” Being aggrieved by the above order, the Revenue is before us with the present appeals. 3. The grievance

DCIT, NEW DELHI vs. M/S. NATIONAL BUILDING CONSTRUCTION CORPORATION LTD.,, NEW DELHI

In the result, all the appeals filed by the Revenue are dismissed and the

Bench: Shri Inturi Rama Rao & Shri Sudhanshu Srivastava

depreciation of Rs.12,74,14,023/- subject to verification of the figures as shown by the appellant company in the chart with the departmental records. As a result, the appeal filed by the assesse is partly allowed in the aforesaid manner.” Being aggrieved by the above order, the Revenue is before us with the present appeals. 3. The grievance

CONNAUGHT PLAZA RESTAURANTS PVT LTD.,NEW DELHI vs. DCIT CIRCLE-73(1), NEW DELHI

The appeal of the assessee is partly allowed in terms of our aforesaid observations

Bench: Shri G.S. Pannu & Shri Ravish Sood

depreciation). 3. Shorn of unnecessary details, in order to verify compliance of the provisions of Chapter XVII-B of the Act, survey proceedings u/s.133A of the Act were conducted in the case of Ambience Group which owns and operates malls having units/shops that had either been sold or leased out. During the course of survey proceedings, it was gathered

CONNAUGHT PLAZA RESTAURANTS PVT. LTD,NEW DELHI vs. DCIT, CIRCLE-73(1), DELHI

The appeal of the assessee is partly allowed in terms of our aforesaid observations

Bench: Shri G.S. Pannu & Shri Ravish Sood

depreciation). 3. Shorn of unnecessary details, in order to verify compliance of the provisions of Chapter XVII-B of the Act, survey proceedings u/s.133A of the Act were conducted in the case of Ambience Group which owns and operates malls having units/shops that had either been sold or leased out. During the course of survey proceedings, it was gathered

ADDL. CIT, NEW DELHI vs. M/S. IRCON INTERNATIONAL LTD., NEW DELHI

In the result, the appeal of the Revenue is accordingly dismissed

Bench: Shri Amit Shukla & Shri O.P. Kant[Through Video Conferencing]

depreciation allowance or other allowance under the Act has been computed. In the aforesaid deemed cases of escapement of income, the AO can initiate the proceedings on finding or discovering such cases and no debate whether they constitute cases of escapement of income, would be permissible. 7. It will thus, be seen that in the proceedings taken under

SH. SANJAY DALMIA,NEW DELHI vs. DCIT, NEW DELHI

In the result all the appeal filed by the assessee are dismissed

Bench: Shri H.S.Sidhu & Shri Prashant Maharishi

depreciation can be carried forward - Indian Income-tax Act, 1922, ss. 10(2)(vi), Prov. Cl. (b); 24(2), Prov. (b). Interpretation of statutes - Taxing statutes - Doubt - Assessee entitled to interpretation favourable to him. iv) CIT vs. Poddar Cement (P.) Ltd. [19971 226 ITR 625 (SC) Where there are two possible interpretations of a particular section which is akin

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

3. At the time of hearing, Ld. Counsel for the assessee has only argued on legal issue relating to validity of assessment framed by the Assessing Officer u/s. 153A of the I.T. Act, 1961 which is in contravention of the provisions of section 153C of the I.T. Act where no incriminating material was found from the search operation conducted

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

3. At the time of hearing, Ld. Counsel for the assessee has only argued on legal issue relating to validity of assessment framed by the Assessing Officer u/s. 153A of the I.T. Act, 1961 which is in contravention of the provisions of section 153C of the I.T. Act where no incriminating material was found from the search operation conducted

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

3. At the time of hearing, Ld. Counsel for the assessee has only argued on legal issue relating to validity of assessment framed by the Assessing Officer u/s. 153A of the I.T. Act, 1961 which is in contravention of the provisions of section 153C of the I.T. Act where no incriminating material was found from the search operation conducted

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

3. At the time of hearing, Ld. Counsel for the assessee has only argued on legal issue relating to validity of assessment framed by the Assessing Officer u/s. 153A of the I.T. Act, 1961 which is in contravention of the provisions of section 153C of the I.T. Act where no incriminating material was found from the search operation conducted

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

3. At the time of hearing, Ld. Counsel for the assessee has only argued on legal issue relating to validity of assessment framed by the Assessing Officer u/s. 153A of the I.T. Act, 1961 which is in contravention of the provisions of section 153C of the I.T. Act where no incriminating material was found from the search operation conducted

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

3. At the time of hearing, Ld. Counsel for the assessee has only argued on legal issue relating to validity of assessment framed by the Assessing Officer u/s. 153A of the I.T. Act, 1961 which is in contravention of the provisions of section 153C of the I.T. Act where no incriminating material was found from the search operation conducted

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

3. At the time of hearing, Ld. Counsel for the assessee has only argued on legal issue relating to validity of assessment framed by the Assessing Officer u/s. 153A of the I.T. Act, 1961 which is in contravention of the provisions of section 153C of the I.T. Act where no incriminating material was found from the search operation conducted

DIRECTOR OF INCOME TAX (EXEMPTION) vs. AIPECCS SOCIETY

3. C.S.K.M. Public School, Riico Industrial Area, Bhiwadi, Alwar, Rajasthan. 6.3 On 15thJanuary, 1999 a search and seizure operation was conducted 2015:DHC:8430-DB ITA 705/2008, 924/2009 & W.P.(C) 3797/2011 Page 6 of 71 under Section 132 of the Act on the premises of the school run by the Assessee at Mehrauli. The warrant of authorization for the search

THE COMMISSIONR OF INCOME TAX vs. NIS SPARTA LTD

The appeals are dismissed

depreciation. The rate of minimum tax was kept at a modest figure deeming 30 per cent of book profits as total income. This modest amount is likely to go down further with the downward revision of corporate tax rate to 35 per cent and abolition of surcharge. xxxx xxxx xxxx xxxx 45.4 The Act also inserts a new section 115JAA