C & S ELECTRIC LTD.,NEW DELHI vs. DCIT, CIRCLE- 1, LTU, NEW DELHI

In the result, the revenue's appeal stands dismissed as above

Bench: Shri Yogesh Kumar U.S. & Shri Avdhesh Kumar Mishra

80C unit. 3. On the facts and in the circumstances of the case and in law Ld. CIT(A) has erred in directing the Assessing Officer not to allocate expenses amounting to Rs.66,57,651/- on depreciation as applied for allocating the expenses of salaries of CMD/MD, interest expenses pertaining to car loan of CMD/MD u/s 80IC

C & S ELECTRIC LTD.,NEW DELHI vs. DCIT, CIRCLE- 1, LTU, NEW DELHI

In the result, the revenue's appeal stands dismissed as above

Bench: Shri Yogesh Kumar U.S. & Shri Avdhesh Kumar Mishra

80C unit. 3. On the facts and in the circumstances of the case and in law Ld. CIT(A) has erred in directing the Assessing Officer not to allocate expenses amounting to Rs.66,57,651/- on depreciation as applied for allocating the expenses of salaries of CMD/MD, interest expenses pertaining to car loan of CMD/MD u/s 80IC

DCIT, CIRCLE- 1, LTU, NEW DELHI vs. C & S ELECTRIC LTD., NEW DELHI

In the result, the revenue's appeal stands dismissed as above

Bench: Shri Yogesh Kumar U.S. & Shri Avdhesh Kumar Mishra

80C unit. 3. On the facts and in the circumstances of the case and in law Ld. CIT(A) has erred in directing the Assessing Officer not to allocate expenses amounting to Rs.66,57,651/- on depreciation as applied for allocating the expenses of salaries of CMD/MD, interest expenses pertaining to car loan of CMD/MD u/s 80IC

ACIT, CIRCLE- 1, LTU, NEW DELHI vs. C&S ELECTRIC LTD., NEW DELHI

In the result, the revenue’s appeal stands dismissed as above

Bench: Shri Yogesh Kumar U.S. & Shri Avdhesh Kumar Mishraita No. 2622/Del/2018, A.Y. 2013-14 Ita No. 2623/Del/2018, A.Y. 2014-15 Ita No. 7981/Del/2018, A.Y. 2015-16 C & S Electric Limited Deputy Commissioner Of 222, Okhla Industrial Estate Income Tax, Phase-Iii, New Delhi Vs. Circle-1, Ltu, New Delhi Pan: Aaacc0909K (Appellant) (Respondent) Ita No. 2532/Del/2018, A.Y.2013-14 Ita No. 2533/Del/2018, A.Y.2014-15 Ita No. 8274/Del/2018, A.Y.2015-16 Deputy Commissioner Of C & S Electric Limited Income Tax, (Formerly Controls & Circle-1, Ltu, Vs. Switchgear Co. Ltd.) New Delhi 222, Okhla Industrial Estate, Phase-Iii, New Delhi Pan: Aaacc0909K (Appellant) (Respondent) Appellant By Sh. Anil Bhalla, Ca Respondent By Sh. Rajesh Kumar Dhanesta, Sr. Dr Date Of Hearing 05/06/2025 Date Of Pronouncement 30/06/2025 Order Per Bench Cross Appeal By The Assessee & Revenue Containing Common Facts Were Heard Together Being Inter-Connected With Each Other & Are Being Disposed Off By This Common Order. Ita No.2532, 2533 & 8274/Del/2018 C & S Electric Ltd. 2. These Appeals Filed By The Assessee & Revenue Are Directed Against Orders Dated 10.01.18 & 25.09.2018 Respectively Of The Commissioner Of Income Tax (Appeals)-22, New Delhi [‘Cit(A)’].

80C unit. 3. On the facts and in the circumstances of the case and in law Ld. CIT(A) has erred in directing the Assessing Officer not to allocate expenses amounting to Rs. 66,57,651/- on depreciation as applied for allocating the expenses of salaries of CMD/MD, interest expenses pertaining to car loan of CMD/MD u/s 80IC

C & S ELECTRIC LTD.,NEW DELHI vs. DCIT, CIRCLE- 1, LTU, NEW DELHI

In the result, the revenue’s appeal stands dismissed as above

Bench: Shri Yogesh Kumar U.S. & Shri Avdhesh Kumar Mishraita No. 2622/Del/2018, A.Y. 2013-14 Ita No. 2623/Del/2018, A.Y. 2014-15 Ita No. 7981/Del/2018, A.Y. 2015-16 C & S Electric Limited Deputy Commissioner Of 222, Okhla Industrial Estate Income Tax, Phase-Iii, New Delhi Vs. Circle-1, Ltu, New Delhi Pan: Aaacc0909K (Appellant) (Respondent) Ita No. 2532/Del/2018, A.Y.2013-14 Ita No. 2533/Del/2018, A.Y.2014-15 Ita No. 8274/Del/2018, A.Y.2015-16 Deputy Commissioner Of C & S Electric Limited Income Tax, (Formerly Controls & Circle-1, Ltu, Vs. Switchgear Co. Ltd.) New Delhi 222, Okhla Industrial Estate, Phase-Iii, New Delhi Pan: Aaacc0909K (Appellant) (Respondent) Appellant By Sh. Anil Bhalla, Ca Respondent By Sh. Rajesh Kumar Dhanesta, Sr. Dr Date Of Hearing 05/06/2025 Date Of Pronouncement 30/06/2025 Order Per Bench Cross Appeal By The Assessee & Revenue Containing Common Facts Were Heard Together Being Inter-Connected With Each Other & Are Being Disposed Off By This Common Order. Ita No.2532, 2533 & 8274/Del/2018 C & S Electric Ltd. 2. These Appeals Filed By The Assessee & Revenue Are Directed Against Orders Dated 10.01.18 & 25.09.2018 Respectively Of The Commissioner Of Income Tax (Appeals)-22, New Delhi [‘Cit(A)’].

80C unit. 3. On the facts and in the circumstances of the case and in law Ld. CIT(A) has erred in directing the Assessing Officer not to allocate expenses amounting to Rs. 66,57,651/- on depreciation as applied for allocating the expenses of salaries of CMD/MD, interest expenses pertaining to car loan of CMD/MD u/s 80IC

DCIT, CIRCLE- 1, LTU, NEW DELHI vs. C & S ELECTRIC LTD., NEW DELHI

In the result, the revenue’s appeal stands dismissed as above

Bench: Shri Yogesh Kumar U.S. & Shri Avdhesh Kumar Mishraita No. 2622/Del/2018, A.Y. 2013-14 Ita No. 2623/Del/2018, A.Y. 2014-15 Ita No. 7981/Del/2018, A.Y. 2015-16 C & S Electric Limited Deputy Commissioner Of 222, Okhla Industrial Estate Income Tax, Phase-Iii, New Delhi Vs. Circle-1, Ltu, New Delhi Pan: Aaacc0909K (Appellant) (Respondent) Ita No. 2532/Del/2018, A.Y.2013-14 Ita No. 2533/Del/2018, A.Y.2014-15 Ita No. 8274/Del/2018, A.Y.2015-16 Deputy Commissioner Of C & S Electric Limited Income Tax, (Formerly Controls & Circle-1, Ltu, Vs. Switchgear Co. Ltd.) New Delhi 222, Okhla Industrial Estate, Phase-Iii, New Delhi Pan: Aaacc0909K (Appellant) (Respondent) Appellant By Sh. Anil Bhalla, Ca Respondent By Sh. Rajesh Kumar Dhanesta, Sr. Dr Date Of Hearing 05/06/2025 Date Of Pronouncement 30/06/2025 Order Per Bench Cross Appeal By The Assessee & Revenue Containing Common Facts Were Heard Together Being Inter-Connected With Each Other & Are Being Disposed Off By This Common Order. Ita No.2532, 2533 & 8274/Del/2018 C & S Electric Ltd. 2. These Appeals Filed By The Assessee & Revenue Are Directed Against Orders Dated 10.01.18 & 25.09.2018 Respectively Of The Commissioner Of Income Tax (Appeals)-22, New Delhi [‘Cit(A)’].

80C unit. 3. On the facts and in the circumstances of the case and in law Ld. CIT(A) has erred in directing the Assessing Officer not to allocate expenses amounting to Rs. 66,57,651/- on depreciation as applied for allocating the expenses of salaries of CMD/MD, interest expenses pertaining to car loan of CMD/MD u/s 80IC

ITO WARD - 10(4), NEW DELHI vs. GHP BUILDCON PVT LTD, NEW DELHI

In the result, the revenue’s appeal stands dismissed as above

Bench: Shri Yogesh Kumar U.S. & Shri Avdhesh Kumar Mishraita No. 2622/Del/2018, A.Y. 2013-14 Ita No. 2623/Del/2018, A.Y. 2014-15 Ita No. 7981/Del/2018, A.Y. 2015-16 C & S Electric Limited Deputy Commissioner Of 222, Okhla Industrial Estate Income Tax, Phase-Iii, New Delhi Vs. Circle-1, Ltu, New Delhi Pan: Aaacc0909K (Appellant) (Respondent) Ita No. 2532/Del/2018, A.Y.2013-14 Ita No. 2533/Del/2018, A.Y.2014-15 Ita No. 8274/Del/2018, A.Y.2015-16 Deputy Commissioner Of C & S Electric Limited Income Tax, (Formerly Controls & Circle-1, Ltu, Vs. Switchgear Co. Ltd.) New Delhi 222, Okhla Industrial Estate, Phase-Iii, New Delhi Pan: Aaacc0909K (Appellant) (Respondent) Appellant By Sh. Anil Bhalla, Ca Respondent By Sh. Rajesh Kumar Dhanesta, Sr. Dr Date Of Hearing 05/06/2025 Date Of Pronouncement 30/06/2025 Order Per Bench Cross Appeal By The Assessee & Revenue Containing Common Facts Were Heard Together Being Inter-Connected With Each Other & Are Being Disposed Off By This Common Order. Ita No.2532, 2533 & 8274/Del/2018 C & S Electric Ltd. 2. These Appeals Filed By The Assessee & Revenue Are Directed Against Orders Dated 10.01.18 & 25.09.2018 Respectively Of The Commissioner Of Income Tax (Appeals)-22, New Delhi [‘Cit(A)’].

80C unit. 3. On the facts and in the circumstances of the case and in law Ld. CIT(A) has erred in directing the Assessing Officer not to allocate expenses amounting to Rs. 66,57,651/- on depreciation as applied for allocating the expenses of salaries of CMD/MD, interest expenses pertaining to car loan of CMD/MD u/s 80IC

COMMISSIONER OF INCOME TAX

disallowed in view of the express provisions of Section 14A. It is submitted by the Revenue that the deduction when allowed under Chapter VIA results in exclusion of the said income from the total income, which is taxable. Therefore, in fairness the expenses incurred by the assessee to earn the said income should be excluded and not allowed. The contention

CIT vs. KRIBHCO

disallowed in view of the express provisions of Section 14A. It is submitted by the Revenue that the deduction when allowed under Chapter VIA results in exclusion of the said income from the total income, which is taxable. Therefore, in fairness the expenses incurred by the assessee to earn the said income should be excluded and not allowed. The contention

MR. RAJIVA MAHESHWARI,NEW DELHI vs. ACIT, NEW DELHI

Bench: Sh. N.K. Saini & Sh. Kuldip Singhassessment Year : 2012-13 Mr. Rajiva Maheshwari, 308, Vs. Acit, Circle -36(1), New Delhi Sincere Tower, 4, Preet Vihar Complex, New Delhi Pan : Aaacr0312F (Appellant) (Respondent) Appellant By Sh. Neeraj Kabra, Ca Respondent By Sh. Atiq Ahmad, Sr.Dr Date Of Hearing 21.09.2017 Date Of Pronouncement 28.09.2017 Order Per Kuldip Singh, Jm.:

Section 143(1) of the Income-tax Act, 1961 (for short “the Act”), the business losses have been adjusted against the income from other sources and gross total income was determined at Rs.7,45,084/- and 80C deduction was not granted as the assessee’s long term capital gains taxed at special rates, which was also disallowed

ACIT,, NEW DELHI vs. M/S KRISHAK BHARATI COOPERATIVE LTD.,, NEW DELHI

In the result, the appeal of the assessee in ITA No

Bench: Shri Anil Chaturvedi & Shri Kul Bharat

disallowance u/s 14A. 3.2.6 Further, Ld. AR has relied upon the judicial pronouncement of the jurisdictional Delhi High Court in the appellant's own case pertaining to A.Y. 2006-07 in ITA No.444/2011 decided on 18/07/2012 relating dividend income of RS.15,011 /- from NAFED, which is included in the total income and only deduction u/s 80P(2)(d) has been

M/S. KRISHAK BHARTI COOPERATIVE LTD.,NEW DELHI vs. ACIT, NEW DELHI

In the result, the appeal of the assessee in ITA No

Bench: Shri Anil Chaturvedi & Shri Kul Bharat

disallowance u/s 14A. 3.2.6 Further, Ld. AR has relied upon the judicial pronouncement of the jurisdictional Delhi High Court in the appellant's own case pertaining to A.Y. 2006-07 in ITA No.444/2011 decided on 18/07/2012 relating dividend income of RS.15,011 /- from NAFED, which is included in the total income and only deduction u/s 80P(2)(d) has been

ACIT,, NEW DELHI vs. M/S KRISHAK BHARATI COOPERATIVE LTD.,, NEW DELHI

In the result, the appeal of the assessee in ITA No

Bench: Shri Anil Chaturvedi & Shri Kul Bharat

disallowance u/s 14A. 3.2.6 Further, Ld. AR has relied upon the judicial pronouncement of the jurisdictional Delhi High Court in the appellant's own case pertaining to A.Y. 2006-07 in ITA No.444/2011 decided on 18/07/2012 relating dividend income of RS.15,011 /- from NAFED, which is included in the total income and only deduction u/s 80P(2)(d) has been

M/S. KRISHAK BHARTI COOPERATIVE LTD.,NEW DELHI vs. ACIT, NEW DELHI

In the result, the appeal of the assessee in ITA No

Bench: Shri Anil Chaturvedi & Shri Kul Bharat

disallowance u/s 14A. 3.2.6 Further, Ld. AR has relied upon the judicial pronouncement of the jurisdictional Delhi High Court in the appellant's own case pertaining to A.Y. 2006-07 in ITA No.444/2011 decided on 18/07/2012 relating dividend income of RS.15,011 /- from NAFED, which is included in the total income and only deduction u/s 80P(2)(d) has been

SH. JITENDER GUPTA,NEW DELHI vs. ITO, NEW DELHI

In the result, appeal of Assessee allowed for statistical purposes

Bench: Shri Bhavnesh Saini & Shri R.K. Panda

disallowing deduction under section 80C of the Income-Tax Act, 1961 for payment of life insurance premium.” 1.1. Earlier this

AVTAR MOHAN BAHAL,NEW DELHI vs. ITO, WARD 72(3), NEW DELHI

In the result, appeal of Assessee is partly allowed

Bench: Shri Bhavnesh Saini

80C of Rs.1 lakhs and under section 80D of Rs.15,000/-. But, no details and justification of such claim have been submitted. The A.O. accordingly, disallowed

MRS. ANITA RANI,NEW DELHI vs. ACIT, NEW DELHI

In the result, the appeals of the assessees are allowed

Bench: Sh. N. K. Saini, Am & Sh. A. T. Varkey, Jm Ita No. 3117/Del/2015 : Asstt. Year : 2010-11 Mrs. Samiksha Mahajan, Vs Assistant Commissioner Of Income 2, Avenue Cassia, Westend Tax, Central Circle-22, Greens, Rajokari, New Delhi New Delhi (Appellant) (Respondent) Pan No. Akdpm4000H Ita No. 3118/Del/2015 : Asstt. Year : 2010-11 Mrs. Anita Rani, Vs Assistant Commissioner Of Income 2, Avenue Cassia, Westend Tax, Central Circle-22, Greens, Rajokari, New Delhi New Delhi (Appellant) (Respondent) Pan No. Aaepr2569P Assessee By : Sh. Salil Kapoor, Adv. & Sambhav Rastogi Revenue By : Sh. K. K. Jaiswal, Sr. Dr Date Of Hearing : 18.11.2015 Date Of Pronouncement : 05.02.2016

disallowance of claim u/s 24(a) of the Act and Rs.49,000/- u/s 80C of the Act. The assessee submitted that Section

MRS. SAMKIKSHA MAHAJAN,NEW DELHI vs. ACIT, NEW DELHI

In the result, the appeals of the assessees are allowed

Bench: Sh. N. K. Saini, Am & Sh. A. T. Varkey, Jm Ita No. 3117/Del/2015 : Asstt. Year : 2010-11 Mrs. Samiksha Mahajan, Vs Assistant Commissioner Of Income 2, Avenue Cassia, Westend Tax, Central Circle-22, Greens, Rajokari, New Delhi New Delhi (Appellant) (Respondent) Pan No. Akdpm4000H Ita No. 3118/Del/2015 : Asstt. Year : 2010-11 Mrs. Anita Rani, Vs Assistant Commissioner Of Income 2, Avenue Cassia, Westend Tax, Central Circle-22, Greens, Rajokari, New Delhi New Delhi (Appellant) (Respondent) Pan No. Aaepr2569P Assessee By : Sh. Salil Kapoor, Adv. & Sambhav Rastogi Revenue By : Sh. K. K. Jaiswal, Sr. Dr Date Of Hearing : 18.11.2015 Date Of Pronouncement : 05.02.2016

disallowance of claim u/s 24(a) of the Act and Rs.49,000/- u/s 80C of the Act. The assessee submitted that Section