TUBE ROSE ESTATES PVT. LTD. ,NEW DELHI vs. ACIT, CIRCLE- 16(1), NEW DELHI

In the result ground number one – three of the appeal of the assessee are allowed

Bench: Shri Sudhanshu Srivastavaa N D Shri Prashant Maharishi(Through Video Conferencing)

249 ITR 47 cited by the learned and CIT – A and stated that that merely because income is attached to any more property it cannot be the sole factors for assessment of such income as income from property in what has to be seen is what is the primary object of the assessee while exploiting the property. He further referred

DELTA COLONIZERS LTD.,NEWDELHI vs. DCIT CIRCLE -7(1), NEW DELHI

In the result, appeal of assessee is partly allowed on ground no

Bench: Shri Chandra Mohan Garg & Shri Pradip Kumar Kediaassessment Year 2014-15

section 143(3) of the Act, for that year. 7. In assessment for A.Y 2013-14, while the rental income for use of property was accepted by the Assessing Officer as taxable under the head "Income from House Property", however brought to tax the rental income from use of amenities to be 'income from other sources', on the ground that

ACIT, NEW DELHI vs. SH. SATBIR SINGH, NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Shri I.C.Sudhir & Shri O.P.Kantacit, Satbir Singh, Circle-33(1), 4/73, Wea Krishna Vs. New Delhi Market, Karolbagh, New Delhi Pan:Aogps9991A (Appellant) (Respondent) Appellant By : Sh. Sujit Kumar, Sr. Dr, Respondent By : Sh. Y.P. Rawala, Ca

house property’. The ld. Assessing Officer did not accept the contention of the assessee and noted that as per clause (iii) of section 56(2) of the Act the letting out of the property was inseparable from letting out of the furniture and other assets of the hotel and the facts of the case being squarely covered by the judgement

CORONET HOTEL SERVICES & SUPPLIERS PVT. LTD.,DELHI vs. DCIT CIRCLE-6(2), NEW DELHI

In the result, appeal filed by the Assessee stands allowed

Bench: Shri Anil Chaturvedi, Am & Shri N. K. Choudhry, Jm

section 142(1) of the Act along with questionnaire, show-caused the Assessee to furnish the detailed reasons with justification for filing of the revised return. 2.1 In response, the Assessee vide letter dated 24.11.2017, claimed as under: "The Assessee company has appointed an expert & experienced operating management agency M/s Four Seasons Hospitality Pvt. Ltd for carrying the business from

SHRI M M CREATIONS,NEW DELHI vs. ACIT, NEW DELHI

In the result appeal filed by assessee for assessment year

Bench: Sh. N. K. Saini & Smt. Beena A. Pillai & M. M. Creations Acit T-481A, Baljeet Nagar Circle-24(1), Behind Patel Nagar Police Station New Delhi Vs. New Delhi. Pan : Aaefm9802A (Appellant) (Respondent)

house property. In the present case rental income received from lease of building is not derived either wholly or even substantially from the ownership of the property. The income is not derived from mere letting of a tenement but income is derived from a complex of letting substantial part of which is other than bare tenement. It is further observed

SHIVANI MADAN,NEW DELHI vs. ACIT CENTRAL CIRCLE-05, NEW DELHI

In the result, the both the appeals of assessee are dismissed

Bench: Shri Chandra Mohan Garg & Dr. B.R.R. Kumar

house property income in the hands of the assessee is not justified. Referring to section 26 of the Act, the Ld. AR submitted that since shares of husband and wife who are co-owner of the property are definite and ascertainable, share of the assessee in the income from property being contribution of 5.4% only towards the purchase cost

SHIVANI MADAN,NEW DELHI vs. ACIT CENTRAL CIRCLE-05, NEW DELHI

In the result, the both the appeals of assessee are dismissed

Bench: Shri Chandra Mohan Garg & Dr. B.R.R. Kumar

house property income in the hands of the assessee is not justified. Referring to section 26 of the Act, the Ld. AR submitted that since shares of husband and wife who are co-owner of the property are definite and ascertainable, share of the assessee in the income from property being contribution of 5.4% only towards the purchase cost

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

Accordingly, the appeal of the Revenue for the assessment year 2006-07 is hereby allowed for statistical purposes

Bench: Shri S.V. Mehrotra & Shri Sudhanshu Srivastavaassessment Year : 2004-05 Ansal Housing & Construction Acit, Central Circle-20, Ltd., New Delhi. Ugf-15, Indraprakash Bldg., Vs. 21, Barakhamba Road, New Delhi. Pan : Aaaca 0377 R (Appellant) (Respondent) Assessment Year : 2005-06 Ansal Housing & Construction Acit, Central Circle-20, Ltd., New Delhi. Ugf-15, Indraprakash Bldg., Vs. 21, Barakhamba Road, New Delhi. Pan : Aaaca 0377 R (Appellant) (Respondent) Assessment Year : 2005-06 Acit, Central Circle-20, Ansal Housing & Construction New Delhi. Ltd., Ugf-15, Indraprakash Bldg., Vs. 21, Barakhamba Road, New Delhi. Pan : Aaaca 0377 R (Appellant) (Respondent)

249/-. The business activities of the assessee company during the year continued to be the same as in earlier years i.e. real estate, development of mini townships, promotion, development and construction of houses, flats, villas and commercial complexes, etc.. The Assessing Officer noticed that assessee was the owner and was having possession of various commercial and residential flats

ANSAL HOUSING & CONSTRUCTION LTD,NEW DELHI vs. ACIT, NEW DELHI

Accordingly, the appeal of the Revenue for the assessment year 2006-07 is hereby allowed for statistical purposes

Bench: Shri S.V. Mehrotra & Shri Sudhanshu Srivastavaassessment Year : 2004-05 Ansal Housing & Construction Acit, Central Circle-20, Ltd., New Delhi. Ugf-15, Indraprakash Bldg., Vs. 21, Barakhamba Road, New Delhi. Pan : Aaaca 0377 R (Appellant) (Respondent) Assessment Year : 2005-06 Ansal Housing & Construction Acit, Central Circle-20, Ltd., New Delhi. Ugf-15, Indraprakash Bldg., Vs. 21, Barakhamba Road, New Delhi. Pan : Aaaca 0377 R (Appellant) (Respondent) Assessment Year : 2005-06 Acit, Central Circle-20, Ansal Housing & Construction New Delhi. Ltd., Ugf-15, Indraprakash Bldg., Vs. 21, Barakhamba Road, New Delhi. Pan : Aaaca 0377 R (Appellant) (Respondent)

249/-. The business activities of the assessee company during the year continued to be the same as in earlier years i.e. real estate, development of mini townships, promotion, development and construction of houses, flats, villas and commercial complexes, etc.. The Assessing Officer noticed that assessee was the owner and was having possession of various commercial and residential flats

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

Accordingly, the appeal of the Revenue for the assessment year 2006-07 is hereby allowed for statistical purposes

Bench: Shri S.V. Mehrotra & Shri Sudhanshu Srivastavaassessment Year : 2004-05 Ansal Housing & Construction Acit, Central Circle-20, Ltd., New Delhi. Ugf-15, Indraprakash Bldg., Vs. 21, Barakhamba Road, New Delhi. Pan : Aaaca 0377 R (Appellant) (Respondent) Assessment Year : 2005-06 Ansal Housing & Construction Acit, Central Circle-20, Ltd., New Delhi. Ugf-15, Indraprakash Bldg., Vs. 21, Barakhamba Road, New Delhi. Pan : Aaaca 0377 R (Appellant) (Respondent) Assessment Year : 2005-06 Acit, Central Circle-20, Ansal Housing & Construction New Delhi. Ltd., Ugf-15, Indraprakash Bldg., Vs. 21, Barakhamba Road, New Delhi. Pan : Aaaca 0377 R (Appellant) (Respondent)

249/-. The business activities of the assessee company during the year continued to be the same as in earlier years i.e. real estate, development of mini townships, promotion, development and construction of houses, flats, villas and commercial complexes, etc.. The Assessing Officer noticed that assessee was the owner and was having possession of various commercial and residential flats

ANSAL HOUSING & CONSTRUCTION LTD,NEW DELHI vs. ACIT CC-20, NEW DELHI

Accordingly, the appeal of the Revenue for the assessment year 2006-07 is hereby allowed for statistical purposes

Bench: Shri S.V. Mehrotra & Shri Sudhanshu Srivastavaassessment Year : 2004-05 Ansal Housing & Construction Acit, Central Circle-20, Ltd., New Delhi. Ugf-15, Indraprakash Bldg., Vs. 21, Barakhamba Road, New Delhi. Pan : Aaaca 0377 R (Appellant) (Respondent) Assessment Year : 2005-06 Ansal Housing & Construction Acit, Central Circle-20, Ltd., New Delhi. Ugf-15, Indraprakash Bldg., Vs. 21, Barakhamba Road, New Delhi. Pan : Aaaca 0377 R (Appellant) (Respondent) Assessment Year : 2005-06 Acit, Central Circle-20, Ansal Housing & Construction New Delhi. Ltd., Ugf-15, Indraprakash Bldg., Vs. 21, Barakhamba Road, New Delhi. Pan : Aaaca 0377 R (Appellant) (Respondent)

249/-. The business activities of the assessee company during the year continued to be the same as in earlier years i.e. real estate, development of mini townships, promotion, development and construction of houses, flats, villas and commercial complexes, etc.. The Assessing Officer noticed that assessee was the owner and was having possession of various commercial and residential flats

WEL INTERTRADE PVT. LTD.,NEW DELHI vs. DCIT, NEW DELHI

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

Bench: Before Shri N.K. Billaiya & Ms. Astha Chandraasstt. Year : 2011-12 Wel Intertrade Private Vs. Acit, Circle-27(2), Limited, New Delhi. 5,E Local Shopping Centre Masjid Moth, Greater Kailash Part 2, New Delhi – 110 048 Pan Aaacw10187F (Appellant) (Respondent) Asstt. Year : 2012-13

249 ITR 47 (Calcutta). In that case the Hon’ble Calcutta High Court observed that merely because income is attached to any immovable property that cannot be the sole factor for assessment of such income as income from property. What has to be seen is what was the primary object of the assessee while exploiting the property

DR. PRANNOY ROY,,NEW DELHI vs. DCIT, NEW DELHI

Bench: Shri Beena A Pillai & Shri Prashant Maharishi

House Property with respect to the property at New Delhi and Dehradun. The learned authorised representative also did not press the addition of RS. 1,53,586/– made by the learned assessing officer and sustained by the learned CIT – A with respect to the Hauz Khas property. 18. Coming to the first ground of appeal challenging the action

SMT. RADHIKA ROY,,NEW DELHI vs. DCIT, NEW DELHI

Bench: Shri Beena A Pillai & Shri Prashant Maharishi

House Property with respect to the property at New Delhi and Dehradun. The learned authorised representative also did not press the addition of RS. 1,53,586/– made by the learned assessing officer and sustained by the learned CIT – A with respect to the Hauz Khas property. 18. Coming to the first ground of appeal challenging the action

DR. PRANNOY ROY,,NEW DELHI vs. DCIT, NEW DELHI

Bench: Shri Beena A Pillai & Shri Prashant Maharishi

House Property with respect to the property at New Delhi and Dehradun. The learned authorised representative also did not press the addition of RS. 1,53,586/– made by the learned assessing officer and sustained by the learned CIT – A with respect to the Hauz Khas property. 18. Coming to the first ground of appeal challenging the action

DCIT, NEW DELHI vs. MRS. RADHIKA ROY, NEW DELHI

Bench: Shri Beena A Pillai & Shri Prashant Maharishi

House Property with respect to the property at New Delhi and Dehradun. The learned authorised representative also did not press the addition of RS. 1,53,586/– made by the learned assessing officer and sustained by the learned CIT – A with respect to the Hauz Khas property. 18. Coming to the first ground of appeal challenging the action

SMT. RADHIKA ROY,,NEW DELHI vs. DCIT, NEW DELHI

Bench: Shri Beena A Pillai & Shri Prashant Maharishi

House Property with respect to the property at New Delhi and Dehradun. The learned authorised representative also did not press the addition of RS. 1,53,586/– made by the learned assessing officer and sustained by the learned CIT – A with respect to the Hauz Khas property. 18. Coming to the first ground of appeal challenging the action

DCIT, NEW DELHI vs. DR. PRANNOY ROY, NEW DELHI

Bench: Shri Beena A Pillai & Shri Prashant Maharishi

House Property with respect to the property at New Delhi and Dehradun. The learned authorised representative also did not press the addition of RS. 1,53,586/– made by the learned assessing officer and sustained by the learned CIT – A with respect to the Hauz Khas property. 18. Coming to the first ground of appeal challenging the action