M/S CARE INDIA SOLUTIONS FOR SUSTAINABLE DEVELOPMENT,DELHI vs. DCIT, CENTRAL CIRCLE-14, DELHI

In the result, the appeals of the assessee are allowed for\nstatistical purpose

disallowance.\n6. That the Ld. CIT(A) grossly erred on the facts and\ncircumstances of the case by upholding the addition of INR\n22,84,40,000 as \"unutilized grant\", treating the same as\nincome of the Appellant thus, taxing the income twice.\n7. Without prejudice to the above, on the facts and under\nthe circumstances of the case

PROMOTIONAL CLUB,NEW DELHI vs. ITO,WARD-28(1), DELHI

In the result, the assessee’s appeal is allowed for statistical purposes

Bench: Shri Satbeer Singh Godara & Shri Avdhesh Kumar Mishraita No.748 /Del./2025, A.Y. 2017-18 Promotional Club Income Tax Officer, D-815, New Friends Colony, Ward-28(1), Civic Centre, New Delhi - 110025 Vs. Minto Road, New Delhi Pan: Aajfp4348R (Appellant) (Respondent) Appellant By None Respondent By Shri Om Prakash, Sr. Dr Date Of Hearing 28/07/2025 Date Of Pronouncement 28/07/2025 Order Per Avdhesh Kumar Mishra, Am

250(4) & (6) and Rule 46A(4) of the Income Tax Act. 1 Promotional Club 3. The Ld. CIT(A) has erred in dismissing the grounds no. 3 & 4 suo-moto raised against the arbitrary addition of Rs.5.90 Cr made by AO invoking section 68 r.w.s. 115BBE and without appreciating the fact that it was contractual liability and refunded

M/S CARE INDIA SOLUTION FOR SUSTAINABLE DEVELOPMENT,DELHI vs. DCIT, CENTRAL CIRCLE-14, DELHI

In the result, the appeals of the assessee are allowed for\nstatistical purpose

disallowance.\n6. That the Ld. CIT(A) grossly erred on the facts and\ncircumstances of the case by upholding the addition of INR\n22,84,40,000 as \"unutilized grant\", treating the same as\nincome of the Appellant thus, taxing the income twice.\n7. Without prejudice to the above, on the facts and under\nthe circumstances of the case

JET TECH SYSTEMS,NOIDA vs. INCOME TAX OFFICER WARD 5(1)(3), NOIDA

In the result, the assessee’s appeal is allowed for statistical purposes

Bench: Shri Anubhav Sharma & Shri Avdhesh Kumar Mishra

section 250(6) of the IT Act. 5. That on the facts and circumstances of the case and the provision of law, the Ld. CIT(A) has erred in passing the order without providing by him or directing the Ld. AO for providing the documents required by the appellant which were collected by the Ld. AO in pursuance of direction

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1 NOIDA, NOIDA vs. M/S ALLURE DEVELOPERS PRIVATE LIMITED, NOIDA

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

Section 68 of the Income-tax Act, 1961 - Cash credit (Scope of provision) - Assessment year 2016-17 - Assessing Officer made addition of certain amount to assessee's income on account of unsecured loan treading same as unexplained cash credit under section 68 - Whether since amount of loan received by assessee was returned within same financial year, appellate authorities had rightly

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1 NOIDA, NOIA vs. M/S AJAY REALCON PVT. LTD., NOIDA

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

Section 68 of the Income-tax Act, 1961 - Cash credit (Scope of provision) - Assessment year 2016-17 - Assessing Officer made addition of certain amount to assessee's income on account of unsecured loan treading same as unexplained cash credit under section 68 - Whether since amount of loan received by assessee was returned within same financial year, appellate authorities had rightly

DY COMMISSIONER OF INCOME TAX, NOIDA vs. M/S ALLURE DEVELOPERS PRIVATE LIMITED, DELHI

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

Section 68 of the Income-tax Act, 1961 - Cash credit (Scope of provision) - Assessment year 2016-17 - Assessing Officer made addition of certain amount to assessee's income on account of unsecured loan treading same as unexplained cash credit under section 68 - Whether since amount of loan received by assessee was returned within same financial year, appellate authorities had rightly

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1 NOIDA, NOIDA vs. M/S ALLURE DEVELOPERS PVT. LTD, NEW DELHI

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

Section 68 of the Income-tax Act, 1961 - Cash credit (Scope of provision) - Assessment year 2016-17 - Assessing Officer made addition of certain amount to assessee's income on account of unsecured loan treading same as unexplained cash credit under section 68 - Whether since amount of loan received by assessee was returned within same financial year, appellate authorities had rightly

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1 NOIDA, NOIDA vs. M/S ACE RESIDENCY PVT. LTD, GHAZIABAD

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

Section 68 of the Income-tax Act, 1961 - Cash credit (Scope of provision) - Assessment year 2016-17 - Assessing Officer made addition of certain amount to assessee's income on account of unsecured loan treading same as unexplained cash credit under section 68 - Whether since amount of loan received by assessee was returned within same financial year, appellate authorities had rightly

DY. COMMISSIONER OF INCOME TAX, NOIDA vs. STAR LANDCRAFT PRIVATE LIMITED, GHAZIABAD

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

Section 68 of the Income-tax Act, 1961 - Cash credit (Scope of provision) - Assessment year 2016-17 - Assessing Officer made addition of certain amount to assessee's income on account of unsecured loan treading same as unexplained cash credit under section 68 - Whether since amount of loan received by assessee was returned within same financial year, appellate authorities had rightly

DY. COMMISSIONER OF INCOME TAX, NOIDA vs. STAR LANDCRAFT PRIVATE LIMITED, GHAZIABAD

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

Section 68 of the Income-tax Act, 1961 - Cash credit (Scope of provision) - Assessment year 2016-17 - Assessing Officer made addition of certain amount to assessee's income on account of unsecured loan treading same as unexplained cash credit under section 68 - Whether since amount of loan received by assessee was returned within same financial year, appellate authorities had rightly

ACIT, CIRCLE-18(2), NEW DELHI vs. NIIT TECHNOLOGIES LTD., NEW DELHI

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

Section 68 of the Income-tax Act, 1961 - Cash credit (Scope of provision) - Assessment year 2016-17 - Assessing Officer made addition of certain amount to assessee's income on account of unsecured loan treading same as unexplained cash credit under section 68 - Whether since amount of loan received by assessee was returned within same financial year, appellate authorities had rightly

TNY HOLIDAYS PRIVATE LIMITED,GURGAON vs. ACIT CIRCLE 4(1), GURGAON

In the result, appeal of the assessee is allowed for statistical purposes

Bench: Shri Kul Bharat & Shri Avdhesh Kumar Mishra

disallowances of Rs. 9,52,514. The Ld. AO has stated in remand report that complete details/documents of following persons / entities were not submitted hence addition of Rs. 9,52,514/- should be retained. 4 The total number of parties is around 200 approx. and data was voluminous because of which ledger account of major big parties were only submitted

IL AND FS ENERGY DEVELOPMENT COMPANY LIMITED,DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 12(1) DELHI, NEW DELHI

In the result, appeal of the assessee is allowed for statistical

Bench: Shri Pradip Kumar Kedia & Shri Sudhir Pareek

6. Without prejudice to Ground no. 1 & 2 above, on the facts and in the circumstances of the case and in law, the NFAC erred in upholding the order of Ld AD making disallowance under section 144 of Rs. 29,40,23,207 The Appellant prays before Your Honour that the Ld. AO be directed to delete the disallowance, under

INTERGLOBE TECHNOLOGY QUOTIENT PRIVATE LIMITED,NEW DELHI vs. ASSISTANT COMMISSIONER CIRCLE 10(1), NEW DELHI

Bench: Shri M. Balaganesh & Shri Anubhav Sharma[Assessment Year: 2020-21

250 Yes 6. 14.05.2020 PAN-AAJU0183G 12,89,400 6,44,700 Yes 7. 07.05.2020 End Poverty 9,87,840 4,93,290 No PAN-AATE3346B TOTAL 2,75,89,740 1,37,94,870 4.1 Admittedly the donations made as part of CSR expenditure were suo-motu disallowed by the appellant under section

JAYPEE INFRA VENTURES PRIVATE LIMITED,GAUTAM BUDH NAGAR vs. ACIT CIRCLE 13(1) , NEW DELHI

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

Bench: Shri Anubhav Sharma & Shri Avdhesh Kumar Mishra

6) of the Act. It is evident from the perusal of section 251(1)(a), 251(1)(b) and Explanation of section 251(2) of the Act that the CIT(A) is required to apply his/her mind to all the issues which arise from the impugned order before him/her, whether or not these issues have been raised by the assessee

DY. COMMISSIONER OF INCOME TAX, NOIDA vs. M/S BRIGHT BUILDTECH PRIVATE LIMITED, DELHI

In the result, appeal of the Revenue is dismissed

Bench: Shri Anubhav Sharma & Shri Manish Agarwal[Assessment Year 2021-22] Dcit Vs M/S. Bright Buildtech Pvt.Ltd., Central Circle -1, D-35, Anand Vihar & Vihar, A.R.T.O Complex, Sector-33, Anand Vihar, S.O-East Delhi, Noida-201301. Delhi-110092 Pan-Aaccb7981J Appellant Respondent

section 250 of the Income Tax Act, 1961 [the Act] emanating from assessment order dated 31.12.2022 passed u/s 143(3) of the Act for Assessment Year 2021-22. 2. Brief facts of the case are that a search and seizure operation u/s 132 of the Act was conducted on 04.01.2022 at the premises of the ACE and Rudra Group

DY. COMMISSIONER OF INCOME TAX, NOIDA vs. M/S. ACE INFRACITY DEVELOPERS PVRIVATE LTD, NOIDA

In the result, appeal of the Revenue is dismissed

Bench: Shri Anubhav Sharma & Shri Manish Agarwal[Assessment Year 2022-23] Dcit Vs M/S. Ace Infracity Developers Pvt. Central Circle-1, Ltd., Plot No. Ib, Gautam Budh A.R.T.O Complex, Nagar-201301 Sector-33, Noida-201301. Pan-Aakca8693E Appellant Respondent

disallowable expenses including interest on delayed TDS payment, loss on sale of fixed assets and CSR expenditure which was rightly added back by the Assessing Officer in the income of the assessee. 5. That the order of CIT(A) being erroneous in law and facts be set aside and order of the A.O. be restored. 6. That the above grounds

HERO FINCORP LIMITED,NEW DELHI vs. ACIT, CIRCLE 11(1), DELHI, C.R. BUILDING

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

section 250(6) of the Act. In the result, ground nos. 1 & 7 of the appeal is allowed and the ground\nnos. 2 to 6 of the appeal are allowed for statistical purposes.\n8.\nGround nos. 8 to 11 of the appeal are against the disallowance