M/S. ANSAL PROPERTIES & INFRASTRUCTURE LTD.,NEW DELHI vs. DCIT, NEW DELHI

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

Bench: Shri G.S. Pannu & Before Shri G.S. Pannu & Before Shri G.S. Pannu Before Shri G.S. Pannu & Ms. Suchitra Kamblems. Suchitra Kamble Ms. Suchitra Kamble Ms. Suchitra Kamble

Section 35D of the Act. Thirdly, it was pointed out that in the past two assessment years 2007-08 and 2008-09, the expenditure incurred on the issue of shares to QIBs was disallowed

DCIT CC-2 , FARIDABAD vs. A2Z MAINTENANCE AND ENGINEERING SERVICES LTD., GURGAON

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

disallowance of deduction claimed under Section 35D of the Act and additions of Rs.84,94,115/- towards disallowance of speculative

A2Z INFRA ENGINEERING LIMITED,GURGAON vs. DCIT- CENTRAL CIRCLE-2, FARIDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

disallowance of deduction claimed under Section 35D of the Act and additions of Rs.84,94,115/- towards disallowance of speculative

A2Z INFRA ENGINEERING LIMITED,GURGAON vs. DCIT CC-2 , FARIDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

disallowance of deduction claimed under Section 35D of the Act and additions of Rs.84,94,115/- towards disallowance of speculative

A2Z INFRA ENGINEERING LIMITED,GURGAON vs. DCIT- CENTRAL CIRCLE-2, FARIDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

disallowance of deduction claimed under Section 35D of the Act and additions of Rs.84,94,115/- towards disallowance of speculative

DCIT-CENTRAL CIRCLE-2, FARIDABAD vs. A2Z INFRA ENGINEERS LTD., GURGAON

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

disallowance of deduction claimed under Section 35D of the Act and additions of Rs.84,94,115/- towards disallowance of speculative

A2Z MAINTENANCE & ENGINEERING SERVICES LTD.,GURGAON vs. DCIT, CENTRAL CIRCLE-II, FARIDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

disallowance of deduction claimed under Section 35D of the Act and additions of Rs.84,94,115/- towards disallowance of speculative

INFRA ENGINEERS LTD.,GURGAON vs. DCIT, CC-2, FARIDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

disallowance of deduction claimed under Section 35D of the Act and additions of Rs.84,94,115/- towards disallowance of speculative

A2Z INFRA ENGINEERING LIMITED,GURGAON vs. CCIT- CENTRAL CIRCLE-2, FARIDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

disallowance of deduction claimed under Section 35D of the Act and additions of Rs.84,94,115/- towards disallowance of speculative

HERO MOTOCORP LIMITED,NEW DELHI vs. JCIT, NEW DELHI

In the result appeal of the assessee in ITA No

Bench: Sh. I. C. Sudhir & Shri Prashant Maharishihero Motocorp Limited, Jcit, 34, Basant Lok, Vasant Range-1, New Delhi Vs. Vihar, New Delhi Pan: Aaach0812J (Appellant) (Respondent) Dcit, M/S. Hero Moto Corp. Circle-11(1), Ltd., 34, Community Vs. New Delhi Centre, Basant Lok, Vasant Vihar, New Delhi-110057 (Appellant) (Respondent) Dcit, M/S. Hero Moto Corp. Circle-11(1), Ltd., 34, Community

disallowed on the ground of the same being contingent in nature. He further submitted that similar provision for increase in prices as at the end of the year was accepted and allowed in Hero MotoCorp Limited Vs. JCIT & DCIT Vs. Hero MotoCorp Ltd. ITA Nos. 1545/Del/2015 and 2424/Del/2015 (AY 2010-11) ITA No. 1609/Del/2016 and 914/Del/2016 (AY 2011-12) Page

COMMISSIONER OF INCOME TAX DELHI IV vs. ESCORTS FINANCE LTD.

Appeal is partly allowed

Bench: HON'BLE MR. JUSTICE A.K.SIKRI,HON'BLE MR. JUSTICE VALMIKI J. MEHTA

Section 35D of the Act being 1/10th of Rs.2,10,22,279/- relating to public issue of shares. The Assessing Officer required the assessee to explain as to why such expenses be not disallowed

VATIKA LTD.,NEW DELHI vs. DCIT, NEW DELHI

Bench: Smt Beena A Pillai & Shri Prashant Maharishi

section 195 of the income tax act the above expenditure cannot be allowed and hence he disallowed the same for the reason of non-deduction of tax at source. The matter was agitated before the learned CIT – A. On the issue of disallowance of Rs. 26966400/- being 1/5th of the expenses u/s 35D

MATRIX CELLULAR INTERNATIONAL SERVICES LTD.,NEW DELHI vs. JCIT, SPECIAL RANGE- 6, NEW DELHI

In the result, the appeal is partly allowed

Bench: Sh. G. S. Pannu, Hon’Ble & Sh. Saktijit Dey

Section 35D of the Act. Accordingly, he disallowed the deduction. The disallowance so made was upheld by learned Commissioner (Appeals

DCIT, NEW DELHI vs. M/S SAHARA CARE LTD., LUCKNOW

In the result ITA number 981/Del/2011 filed by the learned assessing officer for the assessment year 2007 – 08 is dismissed

Bench: Shri Kuldip Singh & Shri Prashant Maharishi

disallowance of expenses claimed under section 35D of INR 2 24140/– d. disallowance of prior period expenses of Rs. 11425/– 4. Assessee

DCIT, NEW DELHI vs. M/S SAHARA CARE LTD., LUCKNOW

In the result ITA number 981/Del/2011 filed by the learned assessing officer for the assessment year 2007 – 08 is dismissed

Bench: Shri Kuldip Singh & Shri Prashant Maharishi

disallowance of expenses claimed under section 35D of INR 2 24140/– d. disallowance of prior period expenses of Rs. 11425/– 4. Assessee

M/S BERGER PAINTS INDIA LTD. vs. COMMISSIONER OF INCOMET AX

Accordingly fails and is hereby dismissed

Bench: HON'BLE MR. JUSTICE MUKUL MUDGAL,HON'BLE MR. JUSTICE P.K. BHASIN

Section 35D at Rs. 1,95,049/- only, disallowing and adding back the rest of the amount claimed to be taxable

DCIT, CIRCLE-II(I) vs. I.F.C.I. LTD.,,

In the result ITA number 2205/Del/2005 filed by the learned assessing officer is dismissed

Bench: Ms Suchitra Kamble & Shri Prashant Maharishi

disallow the same in the subsequent year under consideration by the ITAT. b. In VLS Finance Ltd. v.ACIT, Central Circle 21, New Delhi,[2019] 104 taxmann.com 297 (Delhi - Trib.), the Hon‟ble ITAT, Delhi allowed the deduction of preliminary expenses under Section 35D

IFCI LTD. vs. ADDL. CIT, CIRCLE-11(1),,

In the result ITA number 2205/Del/2005 filed by the learned assessing officer is dismissed

Bench: Ms Suchitra Kamble & Shri Prashant Maharishi

disallow the same in the subsequent year under consideration by the ITAT. b. In VLS Finance Ltd. v.ACIT, Central Circle 21, New Delhi,[2019] 104 taxmann.com 297 (Delhi - Trib.), the Hon‟ble ITAT, Delhi allowed the deduction of preliminary expenses under Section 35D