DCIT, CIRCLE-7(1), DELHI vs. DLF LIMITED, DELHI

In the result, appeal of the Revenue is dismissed

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

house property Rs. 22,33,67,403/- 5. Disallowance out of Aircraft and Helicopter expenses Rs. 3,17,34,000/- 5. Besides the AO while computing the total income at page 50 of its order inadvertently taken the loss at Rs. 55,32,91,87,098/- as against the correct returned loss of Rs. 55,33,78,55,356/-, thereby

DCIT, CIRCLE-7(1), DELHI vs. DLF LIMITED, DELHI

In the result, appeal of the Revenue is dismissed

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

house property Rs. 22,33,67,403/- 5. Disallowance out of Aircraft and Helicopter expenses Rs. 3,17,34,000/- 5. Besides the AO while computing the total income at page 50 of its order inadvertently taken the loss at Rs. 55,32,91,87,098/- as against the correct returned loss of Rs. 55,33,78,55,356/-, thereby

DLF LIMITED,DELHI vs. NATIONAL FACELESS ASSESSMENT CENTRE, DELHI

In the result, appeal of the Revenue is dismissed

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

house property Rs. 22,33,67,403/- 5. Disallowance out of Aircraft and Helicopter expenses Rs. 3,17,34,000/- 5. Besides the AO while computing the total income at page 50 of its order inadvertently taken the loss at Rs. 55,32,91,87,098/- as against the correct returned loss of Rs. 55,33,78,55,356/-, thereby

DLF LIMITED,DELHI vs. NATIONAL FACELESS ASSESSMENT CENTRE, DELHI

In the result, appeal of the Revenue is dismissed

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

house property Rs. 22,33,67,403/- 5. Disallowance out of Aircraft and Helicopter expenses Rs. 3,17,34,000/- 5. Besides the AO while computing the total income at page 50 of its order inadvertently taken the loss at Rs. 55,32,91,87,098/- as against the correct returned loss of Rs. 55,33,78,55,356/-, thereby

DCIT, CIRCLE-7(1), DELHI vs. DLF LIMITED, DELHI

In the result, appeal of the Revenue is dismissed

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

house property Rs. 22,33,67,403/- 5. Disallowance out of Aircraft and Helicopter expenses Rs. 3,17,34,000/- 5. Besides the AO while computing the total income at page 50 of its order inadvertently taken the loss at Rs. 55,32,91,87,098/- as against the correct returned loss of Rs. 55,33,78,55,356/-, thereby

DCIT, NEW DELHI vs. SMT. DEEPTI AGARWAL, NEW DELHI

In the result appeal of the revenue is dismissed and Cross objection of the assessee is partly allowed

Bench: Shri H.S.Sidhu & Shri Prashant Maharishidcit, Vs. Deepti Agarwal, Circle-31(1), Room No. 1405, Prop M/S. Superior Fabrics, 14Th Floor, E-2, Block, Maharaja Lane, Civil Lines, Prataykshkar Bhawan, Dr. New Delhi Shyama Prasad, Mukherjee Civc Pan: Aampa0573C Centre, Jn Nehru Marg, New Delhi (Appellant) (Respondent)

Section 145(3) invoked by the AO for rejecting the books of accounts of the assessee. 2. The CIT(A) has erred in law by allowing deduction to the assessee u/s 80IC to the tune of Rs. 4,67,93,495/- for her Dehradun Unit whereas the assessee had not fulfilled all the conditions required for claiming deduction u/s 80IC

MRS. RASHMI DHARIWAL,NEW DELHI vs. ACIT, NEW DELHI

In the result ground No. 11 and 12 of the appeal of the assessee are allowed accordingly

Bench: Shri H.S.Sidhu & Shri Prashant Maharishirashmi Dhariwal, Vs. Acit, Aashray Farms, Sub Po, Circle-23(1), Sawan Public School, Bhatti New Delhi Mines, Asola Village, New Delhi Pan:Aappd9702P (Appellant) (Respondent)

house property and there could not have been any further additions. 16. Since the provisions of fixation of annual rent under the Delhi Municipal Corporation Act are pari materia of section 23 of the Act, we are inclined to accept the aforesaid view of the Calcutta High Court in Satya Co. Ltd.‟s case (supra) that in such circumstances

THE COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION)-1, DELHI vs. M/S BIO-RAD LABORATORIES (SINGAPORE) PTE LTD

Bench: HON'BLE MR. JUSTICE RAJIV SHAKDHER,HON'BLE MR. JUSTICE GIRISH KATHPALIA

Section 12 of NCTE Act, 1993 it shall be the duty of the Council to take all such steps as it may think fit for ensuring planned and co-ordinated development of Teacher Education.  There are approximately 430 applications for various Teacher Education Programmes, other than Diploma level courses, pending at different stages in the RCs.  NEP 2020 has brought

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, NEW DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

3 of AYs 2014-15 to 2016-17 and Ground No. 2 of AY 2013-14 6b AYs 2017-18 to 2019-20 (Addition u/s 23 in relation to properties at Goa) The appellant is a private discretionary trust settled by Mrs. Ritu 4.1 Kumar 8b Mr. Shashi Kumar in favour of their sons, Mr. Ashvin Kumar and Mr. Amrish

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, NEW DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

3 of AYs 2014-15 to 2016-17 and Ground No. 2 of AY 2013-14 6b AYs 2017-18 to 2019-20 (Addition u/s 23 in relation to properties at Goa) The appellant is a private discretionary trust settled by Mrs. Ritu 4.1 Kumar 8b Mr. Shashi Kumar in favour of their sons, Mr. Ashvin Kumar and Mr. Amrish

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

3 of AYs 2014-15 to 2016-17 and Ground No. 2 of AY 2013-14 6b AYs 2017-18 to 2019-20 (Addition u/s 23 in relation to properties at Goa) The appellant is a private discretionary trust settled by Mrs. Ritu 4.1 Kumar 8b Mr. Shashi Kumar in favour of their sons, Mr. Ashvin Kumar and Mr. Amrish

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

3 of AYs 2014-15 to 2016-17 and Ground No. 2 of AY 2013-14 6b AYs 2017-18 to 2019-20 (Addition u/s 23 in relation to properties at Goa) The appellant is a private discretionary trust settled by Mrs. Ritu 4.1 Kumar 8b Mr. Shashi Kumar in favour of their sons, Mr. Ashvin Kumar and Mr. Amrish

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTER CIRCLE-4, DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

3 of AYs 2014-15 to 2016-17 and Ground No. 2 of AY 2013-14 6b AYs 2017-18 to 2019-20 (Addition u/s 23 in relation to properties at Goa) The appellant is a private discretionary trust settled by Mrs. Ritu 4.1 Kumar 8b Mr. Shashi Kumar in favour of their sons, Mr. Ashvin Kumar and Mr. Amrish

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, NEW DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

3 of AYs 2014-15 to 2016-17 and Ground No. 2 of AY 2013-14 6b AYs 2017-18 to 2019-20 (Addition u/s 23 in relation to properties at Goa) The appellant is a private discretionary trust settled by Mrs. Ritu 4.1 Kumar 8b Mr. Shashi Kumar in favour of their sons, Mr. Ashvin Kumar and Mr. Amrish

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

3 of AYs 2014-15 to 2016-17 and Ground No. 2 of AY 2013-14 6b AYs 2017-18 to 2019-20 (Addition u/s 23 in relation to properties at Goa) The appellant is a private discretionary trust settled by Mrs. Ritu 4.1 Kumar 8b Mr. Shashi Kumar in favour of their sons, Mr. Ashvin Kumar and Mr. Amrish

ACIT, CIRCLE- 19(1), NEW DELHI vs. OJAS INDUSTRIES (P) LTD., NEW DELHI

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

Bench: Dr. B. R. R. Kumarshri Yogesh Kumar Us

House, 10 Asaf Ali Road, New Delhi 110002 (ASSESSEE) (RESPONDENT) PAN No. AAACO 1004 B Assessee by : Sh. K.V.S.R. Krishna, CA Sh. N.K. Garg, Adv. Revenue by : Sh. Subhra Jyoti Chakraborty, CIT-DR Date of Hearing: 09.11.2023 Date of Pronouncement: 07.02.2024 ORDER Per Dr. B. R. R. Kumar:- The present appeals have been filed by the assessee and Revenue against

M/S. OJAS INDUSTRIES (P) LTD.,NEW DELHI vs. DCIT, NEW DELHI

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

Bench: Dr. B. R. R. Kumarshri Yogesh Kumar Us

House, 10 Asaf Ali Road, New Delhi 110002 (ASSESSEE) (RESPONDENT) PAN No. AAACO 1004 B Assessee by : Sh. K.V.S.R. Krishna, CA Sh. N.K. Garg, Adv. Revenue by : Sh. Subhra Jyoti Chakraborty, CIT-DR Date of Hearing: 09.11.2023 Date of Pronouncement: 07.02.2024 ORDER Per Dr. B. R. R. Kumar:- The present appeals have been filed by the assessee and Revenue against

SAHARA INDIA POWER CORPORATION LTD,PUNE vs. DCIT, NEW DELHI

In the result, the appeal filed by the revenue for the AY 2005-06 in I

Bench: Dr. B.R.R. Kumar & Shri Yogesh Kumar Us

Sections 45 and 48 of the Income Tax Act. We are, therefore, of the view that the High Court was correct in its conclusion, but for the ret ons stated by us hereinabove. The appeals are dismissed with no order as to costs." (emphasis supplied)” 27 AND ITA.1155/Del/2009 & ITA.5067/Del/2013 AND C. O. No. 55/Del/2014 Sahara India Power Corporation Ltd., Pune