NIRALA DEVELOPERS PVT. LTD.,,NEW DELHI vs. DCIT, NEW DELHI

In the result, all the five appeals are dismissed

Bench: Shri S.K. Yadav & Shri Anadee Nath Misshra

Section as U/s i. Nirala Housing Pvt. Ltd. as NHPL j. Nirala Developers Pvt. Ltd. as NDPL (2) For the sake of convenience, these appeals are being hereby disposed off through this consolidated order, as similar/interlinked issues are involved in these appeals. These appeals pertain to two assessees namely Nirala Housing Pvt. Ltd. (in ITA No. 3135/Del/2015, 3136/Del/2015, 3137/Del/2015) & Nirala

M/S. NIRALA HOUSING PVT. LTD.,,NEW DELHI vs. DCIT, NEW DELHI

In the result, all the five appeals are dismissed

Bench: Shri S.K. Yadav & Shri Anadee Nath Misshra

Section as U/s i. Nirala Housing Pvt. Ltd. as NHPL j. Nirala Developers Pvt. Ltd. as NDPL (2) For the sake of convenience, these appeals are being hereby disposed off through this consolidated order, as similar/interlinked issues are involved in these appeals. These appeals pertain to two assessees namely Nirala Housing Pvt. Ltd. (in ITA No. 3135/Del/2015, 3136/Del/2015, 3137/Del/2015) & Nirala

M/S. NIRALA HOUSING PVT. LTD.,,NEW DELHI vs. DCIT, NEW DELHI

In the result, all the five appeals are dismissed

Bench: Shri S.K. Yadav & Shri Anadee Nath Misshra

Section as U/s i. Nirala Housing Pvt. Ltd. as NHPL j. Nirala Developers Pvt. Ltd. as NDPL (2) For the sake of convenience, these appeals are being hereby disposed off through this consolidated order, as similar/interlinked issues are involved in these appeals. These appeals pertain to two assessees namely Nirala Housing Pvt. Ltd. (in ITA No. 3135/Del/2015, 3136/Del/2015, 3137/Del/2015) & Nirala

TELETUBE ELECTRONICS LTD

The appeal of the Assessee is allowed

47) (vi) read with Explanation 1 thereto of the Act which defines 'transfer' and read it along with the definition of 'immovable property' under 269 UA (d) (i) and (ii) of the Act and the word 'transfer' in Section 269 UA (f) (i). He submitted that inasmuch as the lease was for a period of less than twelve years, there

TELETUBE ELECTRONICS LTD

The appeal of the Assessee is allowed

47) (vi) read with Explanation 1 thereto of the Act which defines 'transfer' and read it along with the definition of 'immovable property' under 269 UA (d) (i) and (ii) of the Act and the word 'transfer' in Section 269 UA (f) (i). He submitted that inasmuch as the lease was for a period of less than twelve years, there

CIT vs. M/S TELETUBE ELECTRONICS LTD

The appeal of the Assessee is allowed

47) (vi) read with Explanation 1 thereto of the Act which defines 'transfer' and read it along with the definition of 'immovable property' under 269 UA (d) (i) and (ii) of the Act and the word 'transfer' in Section 269 UA (f) (i). He submitted that inasmuch as the lease was for a period of less than twelve years, there

ELEGANT INFRAWORLD (P) LTD.,NEW DELHI vs. ITO, WARD-1(2), GHAZIABAD

In the result, appeal of Assessee is allowed

Bench: Shri Bhavnesh Saini, J.M. & Shri O.P. Kant, A.M.

2. Brief facts of the case are that in this case return was filed on 26.09.2010 claiming loss of Rs.1,79,729/-. The A.O. noticed that assessee has sold agricultural land admeasuring 2.6941 hectare and the profit earned out of the sale proceeds amounting to Rs.77,47,792/- was 3 ITA.No.4334/Del./2018 M/s. Elegant Infraworld (P) Ltd., New Delhi

SAGA DEVELOPERS PVT. LTD.,NEW DELHI vs. ACIT, NEW DELHI

Bench: Shri Bhavnesh Saini & Shri L.P. Sahu

Disallowance Deemed Rights of Expenses Dividend 1. Saamag 2053/D/2017 62,59,639 2,30,88,128 47,08,000 Developmers Pvt. Ltd., 2. Saamag 2054/D/2017 3,04,89,086 3,84,61,268 91,67,650 Construction Ltd. 3. Saamag 2055/D/2017 4,68,48,831 2,14,49,458 --- Infrasctucture Ltd., 4. Saga Developers Pvt. 2056/D/2017 --- 2

SAAMAG CONSTRUCTION LTD.,NEW DELHI vs. ACIT, NEW DELHI

Bench: Shri Bhavnesh Saini & Shri L.P. Sahu

Disallowance Deemed Rights of Expenses Dividend 1. Saamag 2053/D/2017 62,59,639 2,30,88,128 47,08,000 Developmers Pvt. Ltd., 2. Saamag 2054/D/2017 3,04,89,086 3,84,61,268 91,67,650 Construction Ltd. 3. Saamag 2055/D/2017 4,68,48,831 2,14,49,458 --- Infrasctucture Ltd., 4. Saga Developers Pvt. 2056/D/2017 --- 2

SAAMAG DEVELOPERS PVT. LTD.,NEW DELHI vs. ACIT, NEW DELHI

Bench: Shri Bhavnesh Saini & Shri L.P. Sahu

Disallowance Deemed Rights of Expenses Dividend 1. Saamag 2053/D/2017 62,59,639 2,30,88,128 47,08,000 Developmers Pvt. Ltd., 2. Saamag 2054/D/2017 3,04,89,086 3,84,61,268 91,67,650 Construction Ltd. 3. Saamag 2055/D/2017 4,68,48,831 2,14,49,458 --- Infrasctucture Ltd., 4. Saga Developers Pvt. 2056/D/2017 --- 2

PYRAMID REALTORS PVT. LTD.,NEW DELHI vs. ACIT, NEW DELHI

Bench: Shri Bhavnesh Saini & Shri L.P. Sahu

Disallowance Deemed Rights of Expenses Dividend 1. Saamag 2053/D/2017 62,59,639 2,30,88,128 47,08,000 Developmers Pvt. Ltd., 2. Saamag 2054/D/2017 3,04,89,086 3,84,61,268 91,67,650 Construction Ltd. 3. Saamag 2055/D/2017 4,68,48,831 2,14,49,458 --- Infrasctucture Ltd., 4. Saga Developers Pvt. 2056/D/2017 --- 2

SAHARA INDIA COMMERCIAL CORP. LTD.,KOLKATA vs. ACIT, CC- 1, NEW DELHI

In the result, appeal of the Revenue is dismissed and CO of the assessee is allowed

Bench: Shri Vikas Awasthy & Shri S Rifaur Rahmanआअसं.1977/धिल्ली/2013(नि.व. 2009-10) Sahara India Commercial Corporation Ltd., Sahara India Sadan, 2A, Shakespeare Sarani, Kolkata 700071 ...... अपीलार्थी/Appellant Pan: Aadcs-6118-F बिाम Vs. Deputy Commissioner Of Income Tax, Central Circle-6, R. No. 334, E-2, Ara, ..... प्रनिवादी/Respondent Centre Jhandewalan Extn. New Delhi आअसं.4728, 2795, 4729, 4730 और 4731/धिल्ली/2017(नि.व. 2010-11 से 2014-15)

disallowance u/s.14A r.w.r. 8D. A bare perusal of section 14A(2) of the Act would show that the Assessing Officer having regard to the accounts of assessee if not satisfied with the correctness of the claim of the assessee in respect of expenditure incurred in relation to income which does not form part of total income under the Act, shall

SAHARA INDIA COMMERCIAL CORP. LTD.,KOLKATA vs. ACIT, CC- 1, NEW DELHI

In the result, appeal of the Revenue is dismissed and CO of the assessee is allowed

Bench: Shri Vikas Awasthy & Shri S Rifaur Rahmanआअसं.1977/धिल्ली/2013(नि.व. 2009-10) Sahara India Commercial Corporation Ltd., Sahara India Sadan, 2A, Shakespeare Sarani, Kolkata 700071 ...... अपीलार्थी/Appellant Pan: Aadcs-6118-F बिाम Vs. Deputy Commissioner Of Income Tax, Central Circle-6, R. No. 334, E-2, Ara, ..... प्रनिवादी/Respondent Centre Jhandewalan Extn. New Delhi आअसं.4728, 2795, 4729, 4730 और 4731/धिल्ली/2017(नि.व. 2010-11 से 2014-15)

disallowance u/s.14A r.w.r. 8D. A bare perusal of section 14A(2) of the Act would show that the Assessing Officer having regard to the accounts of assessee if not satisfied with the correctness of the claim of the assessee in respect of expenditure incurred in relation to income which does not form part of total income under the Act, shall

SAHARA INDIA COMMERCIAL CORPN. LTD.,KOLKATA vs. ACIT, NEW DELHI

In the result, appeal of the Revenue is dismissed and CO of the assessee is allowed

Bench: Shri Vikas Awasthy & Shri S Rifaur Rahmanआअसं.1977/धिल्ली/2013(नि.व. 2009-10) Sahara India Commercial Corporation Ltd., Sahara India Sadan, 2A, Shakespeare Sarani, Kolkata 700071 ...... अपीलार्थी/Appellant Pan: Aadcs-6118-F बिाम Vs. Deputy Commissioner Of Income Tax, Central Circle-6, R. No. 334, E-2, Ara, ..... प्रनिवादी/Respondent Centre Jhandewalan Extn. New Delhi आअसं.4728, 2795, 4729, 4730 और 4731/धिल्ली/2017(नि.व. 2010-11 से 2014-15)

disallowance u/s.14A r.w.r. 8D. A bare perusal of section 14A(2) of the Act would show that the Assessing Officer having regard to the accounts of assessee if not satisfied with the correctness of the claim of the assessee in respect of expenditure incurred in relation to income which does not form part of total income under the Act, shall

ACIT, CC- 1, NEW DELHI vs. SAHARA INDIA COMMERCIAL CORP. LTD., KOLKATA

In the result, appeal of the Revenue is dismissed and CO of the assessee is allowed

Bench: Shri Vikas Awasthy & Shri S Rifaur Rahmanआअसं.1977/धिल्ली/2013(नि.व. 2009-10) Sahara India Commercial Corporation Ltd., Sahara India Sadan, 2A, Shakespeare Sarani, Kolkata 700071 ...... अपीलार्थी/Appellant Pan: Aadcs-6118-F बिाम Vs. Deputy Commissioner Of Income Tax, Central Circle-6, R. No. 334, E-2, Ara, ..... प्रनिवादी/Respondent Centre Jhandewalan Extn. New Delhi आअसं.4728, 2795, 4729, 4730 और 4731/धिल्ली/2017(नि.व. 2010-11 से 2014-15)

disallowance u/s.14A r.w.r. 8D. A bare perusal of section 14A(2) of the Act would show that the Assessing Officer having regard to the accounts of assessee if not satisfied with the correctness of the claim of the assessee in respect of expenditure incurred in relation to income which does not form part of total income under the Act, shall

SAHARA INDIA COMMERCIAL CORP. LTD.,KOLKATA vs. ACIT, CC- 1, NEW DELHI

In the result, appeal of the Revenue is dismissed and CO of the assessee is allowed

Bench: Shri Vikas Awasthy & Shri S Rifaur Rahmanआअसं.1977/धिल्ली/2013(नि.व. 2009-10) Sahara India Commercial Corporation Ltd., Sahara India Sadan, 2A, Shakespeare Sarani, Kolkata 700071 ...... अपीलार्थी/Appellant Pan: Aadcs-6118-F बिाम Vs. Deputy Commissioner Of Income Tax, Central Circle-6, R. No. 334, E-2, Ara, ..... प्रनिवादी/Respondent Centre Jhandewalan Extn. New Delhi आअसं.4728, 2795, 4729, 4730 और 4731/धिल्ली/2017(नि.व. 2010-11 से 2014-15)

disallowance u/s.14A r.w.r. 8D. A bare perusal of section 14A(2) of the Act would show that the Assessing Officer having regard to the accounts of assessee if not satisfied with the correctness of the claim of the assessee in respect of expenditure incurred in relation to income which does not form part of total income under the Act, shall

DCIT CENTRAL CIRCLE-01, NEW DELHI vs. SAHARA INDIA COMMERCIAL CORPORATION LTD. , KOLKATA

In the result, appeal of the Revenue is dismissed and CO of the assessee is allowed

Bench: Shri Vikas Awasthy & Shri S Rifaur Rahmanआअसं.1977/धिल्ली/2013(नि.व. 2009-10) Sahara India Commercial Corporation Ltd., Sahara India Sadan, 2A, Shakespeare Sarani, Kolkata 700071 ...... अपीलार्थी/Appellant Pan: Aadcs-6118-F बिाम Vs. Deputy Commissioner Of Income Tax, Central Circle-6, R. No. 334, E-2, Ara, ..... प्रनिवादी/Respondent Centre Jhandewalan Extn. New Delhi आअसं.4728, 2795, 4729, 4730 और 4731/धिल्ली/2017(नि.व. 2010-11 से 2014-15)

disallowance u/s.14A r.w.r. 8D. A bare perusal of section 14A(2) of the Act would show that the Assessing Officer having regard to the accounts of assessee if not satisfied with the correctness of the claim of the assessee in respect of expenditure incurred in relation to income which does not form part of total income under the Act, shall

DCIT, NEW DELHI vs. M/S. SAHARA INDIA COMMERCIAL CORPORATION LTD., KOLKATA

In the result, appeal of the Revenue is dismissed and CO of the assessee is allowed

Bench: Shri Vikas Awasthy & Shri S Rifaur Rahmanआअसं.1977/धिल्ली/2013(नि.व. 2009-10) Sahara India Commercial Corporation Ltd., Sahara India Sadan, 2A, Shakespeare Sarani, Kolkata 700071 ...... अपीलार्थी/Appellant Pan: Aadcs-6118-F बिाम Vs. Deputy Commissioner Of Income Tax, Central Circle-6, R. No. 334, E-2, Ara, ..... प्रनिवादी/Respondent Centre Jhandewalan Extn. New Delhi आअसं.4728, 2795, 4729, 4730 और 4731/धिल्ली/2017(नि.व. 2010-11 से 2014-15)

disallowance u/s.14A r.w.r. 8D. A bare perusal of section 14A(2) of the Act would show that the Assessing Officer having regard to the accounts of assessee if not satisfied with the correctness of the claim of the assessee in respect of expenditure incurred in relation to income which does not form part of total income under the Act, shall