THE PR. COMMISSIONER OF INCOME TAX -4 vs. GALGOTIA BOOKS & DEPARTMENT STORE PVT. LTD.

The appeals are allowed

Bench: HON'BLE MR. JUSTICE SANJIV KHANNA,HON'BLE MR. JUSTICE CHANDER SHEKHAR

property in question) and the enforcement authority (the State). Since the second of the above species of "proceeds of crime" uses the expression "such property", the qualifying word being "such", it is vivid that the "property" referred to here is equivalent to the one indicated by the first kind. The only difference is that it is not the same property

PRINCIPAL COMMISSIONER OF INCOME TAX-8 vs. SALDI CHITS PVT. LTD.,

The appeals are allowed

Bench: HON'BLE MR. JUSTICE S. RAVINDRA BHAT,HON'BLE MR. JUSTICE A. K. CHAWLA

property in question) and the enforcement authority (the State). Since the second of the above species of "proceeds of crime" uses the expression "such property", the qualifying word being "such", it is vivid that the "property" referred to here is equivalent to the one indicated by the first kind. The only difference is that it is not the same property

SMT. RITU SINGH,DELHI vs. ITO, NEW DELHI

In the result, appeal of the assessee is allowed

Bench: Shri Shamim Yahya & Ms. Astha Chandraasstt. Year: 2012-13

5 3)Less: Properties purchased before due date of filing return of income (Belated) 35,04,400 ____________ (allowed by AO upto payment made before due Date of filing original return i.e. 31.07.2012) 21,72,752 ______________ Addition as per Assessment order 11,49,116 _______________ ii) The details of properties purchased before filing belated return are as under:- Particulars of property Date

INDIAN NATIONAL CONGRESS ALL INDIA CONGRESS COMMITTEE,NEW DELHI vs. DCIT, CENTRAL CIRCLE-19, NEW DELHI

139(4B) which could not result in\ndisallowance of its section 13A exemption claim. The Assessing\nOfficer further issued section 142(1) notice dated 28.01.2021\nraising the second issue of donation of Rs.32,45,09,166/- under\ndifferent heads wherein it was asked to file all the relevant details.\nWe are taken to para 5 pages 2 in the assessment

CHANDER KANTA MAHESHWARI L/H OF LATE SHRI ASHOK KUMAR MAHESHWARI ,DELHI vs. ITO, WARD- 35(2), NEW DELHI

In the result, appeal filed by the Assesseeis allowed

Bench: Shri R. K. Pandaa N D Shri N. K. Choudhry(Through Video Conferencing)

house are purchased from different persons. Hon’ble ITAT, Bangalore held that for claiming exemption u/s 54, possession or ownership has nothing to do with the case as long as the sum of capital gains stands transferred to the seller for the. purchase of a new flat. As, this fulfills the condition of section 54 (Shakuntala Devi vs. DDIT

SMT. HARMINDER KAUR,,NEW DELHI vs. ITO,, NEW DELHI

In the result, the appeal of the assessee is allowed

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

section 139(4) of the Act. The chronological events of sale of the original asset and investment in new residential house submitted by the assessee are reproduced as under: S.NO. Particulars Remark 1. Sale of residential house Property at 23.06.2010 211, Sector-6 , Panchkula Capital Gain arising there from 78,80,819 3. Date of agreement with M/S Hadapsar

SANJEEV KUMAR AGGARWAL,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 6, NEW DELHI

In the result, appeal of the Assessee is allowed

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

house property, remuneration from firm, long term capital gains and income from other sources. Assessee has not filed his original return under section 139 for the assessment year under appeal. The assessee filed his return for assessment year under appeal only on 31.08.2016, in response to notice under section 153A of the I.T. Act issued on 22.08.2016. The A.O. issued

RAJ KUMAR,NEW DELHI vs. ITO,WARD-58(4), DELHI

In the result, the appeal of the assessee is allowed

Bench: Shri Satbeer Singh Godara & Shri Amitabh Shukla

section 139(4) of the Act. The chronological events of sale of the original asset and investment in new residential house submitted by the assessee are reproduced as under: Sl.No. Particulars Remark 1 Sale of residential house Property at 23.06.2010 211, Sector-6 , Panchkula 2 Capital Gain arising there from 78,80,819 3 Date of agreement with M/S Hadapsar

USHA MAHAJAN,NEW DELHI vs. ITO, WARD-60(3), NEW DELHI

In the result ITA.No.231/Del

Bench: Shri Bhavnesh Saini

property on January 2, 2007, and the due date according to section 139(4) was 8 ITA.Nos.231 & 232/Del./2019 Smt. Usha Mahajan, Delhi. March 31, 2007, and, thus, the assessee had complied with the provisions of section 54 of the Act. This order was affirmed by the Tribunal. On appeal: Held, dismissing the appeal, that the sale

USHA MAHAJAN,NEW DELHI vs. ITO, WARD-60(3), NEW DELHI

In the result ITA.No.231/Del

Bench: Shri Bhavnesh Saini

property on January 2, 2007, and the due date according to section 139(4) was 8 ITA.Nos.231 & 232/Del./2019 Smt. Usha Mahajan, Delhi. March 31, 2007, and, thus, the assessee had complied with the provisions of section 54 of the Act. This order was affirmed by the Tribunal. On appeal: Held, dismissing the appeal, that the sale

ANIL CHAUDHARY,NEW DELHI vs. ACIT CENTRAL CIRCLE-17, NEW DELHI

In the result, appeals filed by the assessee are allowed

Bench: Shri S.Rifaur Rahman & Shri Anubhav Sharma

5. The direction in which a place, object, etc., lies; direction of movement, orientation; in pl., (knowledge of) relative position. 6. sing. & (freq.) in pl. Part of a machine which bears friction, esp. between a rotating part and its housing. 7. Practical relation or effect (up)on; influence, relevance” As is manifest from the aforesaid extract, “bearing” would include something

ANIL CHAUDHARY,NEW DELHI vs. ACIT CENTRAL CIRCLE-17, NEW DELHI

In the result, appeals filed by the assessee are allowed

Bench: Shri S.Rifaur Rahman & Shri Anubhav Sharma

5. The direction in which a place, object, etc., lies; direction of movement, orientation; in pl., (knowledge of) relative position. 6. sing. & (freq.) in pl. Part of a machine which bears friction, esp. between a rotating part and its housing. 7. Practical relation or effect (up)on; influence, relevance” As is manifest from the aforesaid extract, “bearing” would include something

ANIL CHAUDHARY,NEW DELHI vs. ACIT CENTRAL CIRCLE-17, NEW DELHI

In the result, appeals filed by the assessee are allowed

Bench: Shri S.Rifaur Rahman & Shri Anubhav Sharma

5. The direction in which a place, object, etc., lies; direction of movement, orientation; in pl., (knowledge of) relative position. 6. sing. & (freq.) in pl. Part of a machine which bears friction, esp. between a rotating part and its housing. 7. Practical relation or effect (up)on; influence, relevance” As is manifest from the aforesaid extract, “bearing” would include something

ANIL CHAUDHARY,NEW DELHI vs. ACIT CENTRAL CIRCLE-17, NEW DELHI

In the result, appeals filed by the assessee are allowed

Bench: Shri S.Rifaur Rahman & Shri Anubhav Sharma

5. The direction in which a place, object, etc., lies; direction of movement, orientation; in pl., (knowledge of) relative position. 6. sing. & (freq.) in pl. Part of a machine which bears friction, esp. between a rotating part and its housing. 7. Practical relation or effect (up)on; influence, relevance” As is manifest from the aforesaid extract, “bearing” would include something

OM PRAKASH JAKHOTIA,TELANGNA vs. ACIT, CC-26, NEW DELHI

The appeals of the assessee are allowed

Bench: Shri Amit Shukla & Dr. B.R.R. Kumar

139 and also failed to file the return under section 153A, then the provisions of section 144 are to be invoked and the Assessing Officer has to proceed in accordance with the procedure as per section 144 of the Act and to pass the assessment order to the best of his judgment. In such a case, the assessment order passed

OM PRAKASH JAKHOTIA,TELANGNA vs. ACIT, CC-26, NEW DELHI

The appeals of the assessee are allowed

Bench: Shri Amit Shukla & Dr. B.R.R. Kumar

139 and also failed to file the return under section 153A, then the provisions of section 144 are to be invoked and the Assessing Officer has to proceed in accordance with the procedure as per section 144 of the Act and to pass the assessment order to the best of his judgment. In such a case, the assessment order passed

OM PRAKASH JAKHOTIA,TELANGNA vs. ACIT, CC-26, NEW DELHI

The appeals of the assessee are allowed

Bench: Shri Amit Shukla & Dr. B.R.R. Kumar

139 and also failed to file the return under section 153A, then the provisions of section 144 are to be invoked and the Assessing Officer has to proceed in accordance with the procedure as per section 144 of the Act and to pass the assessment order to the best of his judgment. In such a case, the assessment order passed

OM PRAKASH JAKHOTIA,TELANGNA vs. ACIT, CC-26, NEW DELHI

The appeals of the assessee are allowed

Bench: Shri Amit Shukla & Dr. B.R.R. Kumar

139 and also failed to file the return under section 153A, then the provisions of section 144 are to be invoked and the Assessing Officer has to proceed in accordance with the procedure as per section 144 of the Act and to pass the assessment order to the best of his judgment. In such a case, the assessment order passed