BESTO ELECTRONICS PVT. LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result, the appeal of the assessee is allowed

Bench: Sh. C. M. Gargdr. B. R. R. Kumar

Section 246A (1) of the I.T. Act mentions the orders against which an assessee may appeal before the Commissioner (Appeals). It is seen that orders of an Assessing Officer disposing of grievance petitions of assessee’s are not appealable before CIT (Appeals). Accordingly, the appeal filed by the assessee against the letter of the Assessing Officer dated 24.11.2015, disposing

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

246A of the Act, separate appeal is provided for the assessment made under section 144 of the Act. In the case of a best judgment assessment, as per the provision of section 142(3), there is no requirement of any opportunity of being heard to the assessee in respect of the material gathered by the Assessing Officer whereas

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

246A of the Act, separate appeal is provided for the assessment made under section 144 of the Act. In the case of a best judgment assessment, as per the provision of section 142(3), there is no requirement of any opportunity of being heard to the assessee in respect of the material gathered by the Assessing Officer whereas

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

246A of the Act, separate appeal is provided for the assessment made under section 144 of the Act. In the case of a best judgment assessment, as per the provision of section 142(3), there is no requirement of any opportunity of being heard to the assessee in respect of the material gathered by the Assessing Officer whereas

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

246A of the Act, separate appeal is provided for the assessment made under section 144 of the Act. In the case of a best judgment assessment, as per the provision of section 142(3), there is no requirement of any opportunity of being heard to the assessee in respect of the material gathered by the Assessing Officer whereas

COMMISSIONER OF INCOME TAX vs. M/S. ABHINANDAN INVESTMENT LTD

house property‟, „Capital gains‟ and „Income from other sources‟ or of income by way of interest on securities.” It was highlighted that in the present case, money which had flowed from JISCO came back to it with financing from the UTI and the assessee also claimed loss in the year under consideration, to claim set off against an income

COMMISSIONER OF INCOME TAX vs. M/S. ABHINANDAN INVESTMENT LTD

house property‟, „Capital gains‟ and „Income from other sources‟ or of income by way of interest on securities.” It was highlighted that in the present case, money which had flowed from JISCO came back to it with financing from the UTI and the assessee also claimed loss in the year under consideration, to claim set off against an income

COMMISSIONER OF INCOME TAX DELHI II vs. MEDICARE INVESTMENTS LTD.

house property‟, „Capital gains‟ and „Income from other sources‟ or of income by way of interest on securities.” It was highlighted that in the present case, money which had flowed from JISCO came back to it with financing from the UTI and the assessee also claimed loss in the year under consideration, to claim set off against an income

COMMISSIONER OF INCOME TAX vs. M/S. ABHINANDAN INVESTMENT LTD

house property‟, „Capital gains‟ and „Income from other sources‟ or of income by way of interest on securities.” It was highlighted that in the present case, money which had flowed from JISCO came back to it with financing from the UTI and the assessee also claimed loss in the year under consideration, to claim set off against an income

CIT vs. ANIL KUMAR BHATIA

246A and 276CC to give reference to section 153A in these sections. 65.12 These amendments will take effect from June 1, 2003.” 18. A perusal of Section 153A shows that it starts with a non obstante clause relating to normal assessment procedure which is covered by Sections 139, 147, 148, 149, 151 and 153 in respect of searches made after

MADHULIKA MISHRA,MUMBAI vs. ITO WARD 5(1)(5), NOIDA

In the result, appeal of assessee is allowed for statistical purposes

Bench: Pradip Kumar Kedia & Shri Yogesh Kumar Usvs. Ito Madhulika Mishra B-1501, Tower-4, Enchante, Ward – 5(1)(5) Lodha New Cuffe Parade, Noida Wadala East, Mumbai-400 022 Pan No. Asppm 9325 H (Appellant) (Respondent) Assessee By Shri Ganesh Raj Gopalen, C.A. & Shri Kirit Vasan. R. C.A. Revenue By Shri Jatender Kumar Kale, Sr. D.R. Date Of Hearing: 01.08.2024 Date Of Pronouncement: 01.08.2024 Order Per Pradip Kumar Kedia, Am :

246A of the Act and further erred in holding that the said appeal as not fit for admission in terms of section 249 of the Act. 2. On facts and in the circumstances of the case and in law, the learned CIT(A)/NFAC erred in not granting sufficient opportunity to the Appellant to make an application under proviso

DUGGAL & SONS BUILDWELL (P) LTD.,FARIDABAD vs. ACIT, CENTRAL CIRCLE- 4, NEW DELHI

In the result, all the appeals of the Assessees are allowed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

house. (v) Addition on account of unsecured loans + interest. (vi) Addition on account of long term capital gains + Commission paid on the same. 5.25. In the case of Shri Rajnish Talwar and Group in A.Y. 2010-2011 following additions are made. (i) Addition on account of foreign travel expenses. 45 ITA.No.1813/Del./2019 Shri Sanjay Duggal, Faridabad etc., & 51batch appeals

RAJNISH TALWAR,NEW DELHI vs. ACIT, CENTRAL CIRCLE-4, NEW DELHI

In the result, all the appeals of the Assessees are allowed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

house. (v) Addition on account of unsecured loans + interest. (vi) Addition on account of long term capital gains + Commission paid on the same. 5.25. In the case of Shri Rajnish Talwar and Group in A.Y. 2010-2011 following additions are made. (i) Addition on account of foreign travel expenses. 45 ITA.No.1813/Del./2019 Shri Sanjay Duggal, Faridabad etc., & 51batch appeals

RAJNISH TALWAR,NEW DELHI vs. ACIT, CENTRAL CIRCLE-4, NEW DELHI

In the result, all the appeals of the Assessees are allowed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

house. (v) Addition on account of unsecured loans + interest. (vi) Addition on account of long term capital gains + Commission paid on the same. 5.25. In the case of Shri Rajnish Talwar and Group in A.Y. 2010-2011 following additions are made. (i) Addition on account of foreign travel expenses. 45 ITA.No.1813/Del./2019 Shri Sanjay Duggal, Faridabad etc., & 51batch appeals

KRITIKA TALWAR,NEW DELHI vs. ACIT CENTRAL CIRCLE 4 , NEW DEHLI, NEW DEHLI

In the result, all the appeals of the Assessees are allowed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

house. (v) Addition on account of unsecured loans + interest. (vi) Addition on account of long term capital gains + Commission paid on the same. 5.25. In the case of Shri Rajnish Talwar and Group in A.Y. 2010-2011 following additions are made. (i) Addition on account of foreign travel expenses. 45 ITA.No.1813/Del./2019 Shri Sanjay Duggal, Faridabad etc., & 51batch appeals

KRITIKA TALWAR,NEW DELHI vs. ACIT CENTRAL CIRCLE 4 , NEW DEHLI, NEW DEHLI

In the result, all the appeals of the Assessees are allowed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

house. (v) Addition on account of unsecured loans + interest. (vi) Addition on account of long term capital gains + Commission paid on the same. 5.25. In the case of Shri Rajnish Talwar and Group in A.Y. 2010-2011 following additions are made. (i) Addition on account of foreign travel expenses. 45 ITA.No.1813/Del./2019 Shri Sanjay Duggal, Faridabad etc., & 51batch appeals

NEERU DUGGAL,FARIDABAD vs. ACIT, CENTRAL CIRCLE- 4 , NEW DELHI

In the result, all the appeals of the Assessees are allowed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

house. (v) Addition on account of unsecured loans + interest. (vi) Addition on account of long term capital gains + Commission paid on the same. 5.25. In the case of Shri Rajnish Talwar and Group in A.Y. 2010-2011 following additions are made. (i) Addition on account of foreign travel expenses. 45 ITA.No.1813/Del./2019 Shri Sanjay Duggal, Faridabad etc., & 51batch appeals

DUGGAL & SONS BUILDWELL (P) LTD.,FARIDABAD vs. ACIT, CENTRAL CIRCLE- 4, NEW DELHI

In the result, all the appeals of the Assessees are allowed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

house. (v) Addition on account of unsecured loans + interest. (vi) Addition on account of long term capital gains + Commission paid on the same. 5.25. In the case of Shri Rajnish Talwar and Group in A.Y. 2010-2011 following additions are made. (i) Addition on account of foreign travel expenses. 45 ITA.No.1813/Del./2019 Shri Sanjay Duggal, Faridabad etc., & 51batch appeals