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

163 wherein it is held that if the intention was to invest in either purchase or construction of a residential house, then the conditions under section 54F and under section 54 relating to deposit of money under capital gains account scheme would not apply. Since the assessee before us made investment of Rs. 35,04,400/- which was more than

MANISH TYAGI,GHAZIABAD vs. ITO, GHAZIABAD

In the result, appeal filed by the assessee is partly allowed

Bench: Shri Amit Shukla & Shri Prashant Maharishi(Through Video Conferencing) Manish Tyagi, Vs. Ito, House No. 131, Sector-6, Ward-1(4), Chiranjeev Vihar, Ghaziabad Ghaziabad Pan: Acgpt1413J (Appellant) (Respondent)

house property was allotted to a taxpayer, it would be treated as a case of construction for the purpose of section 54. c) In Rajeev B Shah vs ITO (ITA No.262/Mum/2015 decided on 08.07.2016 by ITAT Mumbai), assessee sold a plot of land on 09.02.2010 for a consideration of T19,35,325/- and earned long term capital gain

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-I, NOIDA, NOIDA vs. M/S ADVANT IT PARK PRIVATE LIMITED, DELHI

Bench: Shri Mahavir Singh & Shri Manish Agarwal

sections 22 and 56, of the Income-tax Act, 1961- Business income -Chargeable as (Rental income) Assessment year 2011- 12 Whether rental income received by assessee from letting out building along with other amenities in an industrial park would be chargeable to tax under head 'income from business and profession and not as 'income from house property - Held, yes [Paras

ITO, NEW DELHI vs. M/S ANSAL HOUSING & CONSTRUCTION LTD., NEW DELHI

In the result, the cross-objection filed by the assessee is dismissed

Bench: Shri G.S.Pannu & Shri Kul Bharat[Assessment Year : 2007-08] Dcit, Vs Ansal Housing & Construction Ltd., Central Circle-20, Ugf-15, Indraprastha Building, 21, New Delhi. Barakhamba Road, New Delhi. Pan-Aaaca0377R Appellant Respondent

properties claimed as being vacant farm lands needs verification by the AO for ascertaining the correctness of the claim that no house/building was constructed on such lands. Thus the issue is hereby, restored to AO. If it is found true that during the relevant time, no house property/commercial space were constructed thereon. No addition would be called for. Thus, Ground

MOIN AKHTAR QURESHI AS REPRESENTATIVE ASSESSEE/AGENT OF M/S. JEAN LOUIS DENIOT,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 19, NEW DELHI

In the result, ITA.No.6672/Del

Bench: Shri R.K. Panda & Shri Anubhav Sharma

163 become inapplicable as 20 ITA.No.6672 to 6675, 6668 to 6671 & 6667/Del./2018 Moin Akhtar Qureshi, Representative Assessee/Agent of M/s. Jean Louis Deniot etc., New Delhi. the said section is only applicable in the case of a non- resident. He submitted that the Ld. CIT(A) conveniently ignored to consider the submissions made by the assessee. 6.1. Without prejudice

MOIN AKHTAR QURESHI AS REPRESENTATIVE ASSESSEE/AGENT OF M/S. CABINET JEAN LOUIS DENIOT ,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 19, NEW DELHI

In the result, ITA.No.6672/Del

Bench: Shri R.K. Panda & Shri Anubhav Sharma

163 become inapplicable as 20 ITA.No.6672 to 6675, 6668 to 6671 & 6667/Del./2018 Moin Akhtar Qureshi, Representative Assessee/Agent of M/s. Jean Louis Deniot etc., New Delhi. the said section is only applicable in the case of a non- resident. He submitted that the Ld. CIT(A) conveniently ignored to consider the submissions made by the assessee. 6.1. Without prejudice

MOIN AKHTAR QURESHI AS REPRESENTATIVE ASSESSEE/AGENT OF M/S. CABINET JEAN LOUIS DENIOT ,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 19, NEW DELHI

In the result, ITA.No.6672/Del

Bench: Shri R.K. Panda & Shri Anubhav Sharma

163 become inapplicable as 20 ITA.No.6672 to 6675, 6668 to 6671 & 6667/Del./2018 Moin Akhtar Qureshi, Representative Assessee/Agent of M/s. Jean Louis Deniot etc., New Delhi. the said section is only applicable in the case of a non- resident. He submitted that the Ld. CIT(A) conveniently ignored to consider the submissions made by the assessee. 6.1. Without prejudice

MOIN AKHTAR QURESHI AS REPRESENTATIVE ASSESSEE/AGENT OF M/S. CABINET JEAN LOUIS DENIOT ,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 19, NEW DELHI

In the result, ITA.No.6672/Del

Bench: Shri R.K. Panda & Shri Anubhav Sharma

163 become inapplicable as 20 ITA.No.6672 to 6675, 6668 to 6671 & 6667/Del./2018 Moin Akhtar Qureshi, Representative Assessee/Agent of M/s. Jean Louis Deniot etc., New Delhi. the said section is only applicable in the case of a non- resident. He submitted that the Ld. CIT(A) conveniently ignored to consider the submissions made by the assessee. 6.1. Without prejudice

MOIN AKHTAR QURESHI AS REPRESENTATIVE ASSESSEE/AGENT OF M/S. JEAN LOUIS DENIOT,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 19, NEW DELHI

In the result, ITA.No.6672/Del

Bench: Shri R.K. Panda & Shri Anubhav Sharma

163 become inapplicable as 20 ITA.No.6672 to 6675, 6668 to 6671 & 6667/Del./2018 Moin Akhtar Qureshi, Representative Assessee/Agent of M/s. Jean Louis Deniot etc., New Delhi. the said section is only applicable in the case of a non- resident. He submitted that the Ld. CIT(A) conveniently ignored to consider the submissions made by the assessee. 6.1. Without prejudice

MOIN AKHTAR QURESHI AS REPRESENTATIVE ASSESSEE/AGENT OF M/S. JEAN LOUIS DENIOT,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 19, NEW DELHI

In the result, ITA.No.6672/Del

Bench: Shri R.K. Panda & Shri Anubhav Sharma

163 become inapplicable as 20 ITA.No.6672 to 6675, 6668 to 6671 & 6667/Del./2018 Moin Akhtar Qureshi, Representative Assessee/Agent of M/s. Jean Louis Deniot etc., New Delhi. the said section is only applicable in the case of a non- resident. He submitted that the Ld. CIT(A) conveniently ignored to consider the submissions made by the assessee. 6.1. Without prejudice

MOIN AKHTAR QURESHI AS REPRESENTATIVE ASSESSEE/AGENT OF M/S. CABINET JEAN LOUIS DENIOT ,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 19, NEW DELHI

In the result, ITA.No.6672/Del

Bench: Shri R.K. Panda & Shri Anubhav Sharma

163 become inapplicable as 20 ITA.No.6672 to 6675, 6668 to 6671 & 6667/Del./2018 Moin Akhtar Qureshi, Representative Assessee/Agent of M/s. Jean Louis Deniot etc., New Delhi. the said section is only applicable in the case of a non- resident. He submitted that the Ld. CIT(A) conveniently ignored to consider the submissions made by the assessee. 6.1. Without prejudice

MOIN AKHTAR QURESHI AS REPRESENTATIVE ASSESSEE/AGENT OF M/S. JEAN LOUIS DENIOT,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 19, NEW DELHI

In the result, ITA.No.6672/Del

Bench: Shri R.K. Panda & Shri Anubhav Sharma

163 become inapplicable as 20 ITA.No.6672 to 6675, 6668 to 6671 & 6667/Del./2018 Moin Akhtar Qureshi, Representative Assessee/Agent of M/s. Jean Louis Deniot etc., New Delhi. the said section is only applicable in the case of a non- resident. He submitted that the Ld. CIT(A) conveniently ignored to consider the submissions made by the assessee. 6.1. Without prejudice

MOIN AKHTAR QURESHI AS REPRESENTATIVE ASSESSEE/AGENT OF M/S. DESIGN 39 INC.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 19, NEW DELHI

In the result, ITA.No.6672/Del

Bench: Shri R.K. Panda & Shri Anubhav Sharma

163 become inapplicable as 20 ITA.No.6672 to 6675, 6668 to 6671 & 6667/Del./2018 Moin Akhtar Qureshi, Representative Assessee/Agent of M/s. Jean Louis Deniot etc., New Delhi. the said section is only applicable in the case of a non- resident. He submitted that the Ld. CIT(A) conveniently ignored to consider the submissions made by the assessee. 6.1. Without prejudice

COMMISSIONER OF INCOME TAX-IV vs. DANGSON HOTEL & RESTAURANTS PVT. LTD.

Bench: HON'BLE DR. JUSTICE S.MURALIDHAR,HON'BLE MR. JUSTICE VIBHU BAKHRU

property taken care of. Case ‘G’ : MAC Appeal No.175/2014 (In re: death of seventeen years‟ old child Hussain Haider) 15. The appeal presented by the insurance company which has been fastened with the liability to pay the compensation assails the judgment of the tribunal pronounced on 31.10.2013 whereby compensation in the sum of Rs.12,02,075/- was awarded in favour

COMMISSIONER OF INCOME TAX vs. VIDEO ELECTRONICS

Bench: HON'BLE DR. JUSTICE S.MURALIDHAR,HON'BLE MR. JUSTICE VIBHU BAKHRU

property taken care of. Case ‘G’ : MAC Appeal No.175/2014 (In re: death of seventeen years‟ old child Hussain Haider) 15. The appeal presented by the insurance company which has been fastened with the liability to pay the compensation assails the judgment of the tribunal pronounced on 31.10.2013 whereby compensation in the sum of Rs.12,02,075/- was awarded in favour

ITO,WARD-30(1), NEW DELHI vs. VINOD GUGNANI, NEW DELHI

In the result, grounds of Appeal of the Revenue fails, consequently the Appeal filed by the Revenue is dismissed

Bench: Shri B. R. R. Kumar & Sh. Yogesh Kumar U.S.

house within the period stipulated in Section 54F(1), if the assessee wants the benefit of Section 54F, then he should deposit the said capital gains in an account which is duly notified by the Central Government. In other words if he want of claim exemption from payment of income tax by retaining the cash, then the said amount

M/S. CJ INTERNATIONAL HOTELS LTD.,NEW DELHI vs. ADDL. CIT, NEW DELHI

Appeals are dismissed

Bench: Shri N.K. Saini & Shri Sudhanshu Srivastavaassessment Year: 2010-11 Dcit, Vs C.J. International Hotels Ltd., Circle-3(1), Le Meridian, Windsor Place, New Delhi. Janpath, New Delhi. (Pan: Aaacc0174E) Assessment Year: 2007-08 Assessment Year: 2010-11 C.J. International Hotels Ltd., Vs Dcit, New Delhi. Circle-3(1), New Delhi. (Appellant) (Respondent) Assessee By: Shri Umesh Chand Dubey, Sr. Dr Department By: Shri Tarandeep Singh, Ca

Section 22 to 27 of Income Tax Act, 1961, Annual Value of Property of which the assessee is owner is taxable under the head income from house property except the portion of the property used by the owner of the property for the purposes of its own business or profession, the profit of which are chargeable to income

M/S. CJ INTERNATIONAL HOTELS LTD.,NEW DELHI vs. ADDL. CIT, NEW DELHI

Appeals are dismissed

Bench: Shri N.K. Saini & Shri Sudhanshu Srivastavaassessment Year: 2010-11 Dcit, Vs C.J. International Hotels Ltd., Circle-3(1), Le Meridian, Windsor Place, New Delhi. Janpath, New Delhi. (Pan: Aaacc0174E) Assessment Year: 2007-08 Assessment Year: 2010-11 C.J. International Hotels Ltd., Vs Dcit, New Delhi. Circle-3(1), New Delhi. (Appellant) (Respondent) Assessee By: Shri Umesh Chand Dubey, Sr. Dr Department By: Shri Tarandeep Singh, Ca

Section 22 to 27 of Income Tax Act, 1961, Annual Value of Property of which the assessee is owner is taxable under the head income from house property except the portion of the property used by the owner of the property for the purposes of its own business or profession, the profit of which are chargeable to income