DCIT, NEW DELHI vs. M/S. UNITECH LTD., NEW DELHI

In the result, appeal of the assessee is allowed on preliminary ground, appeal of Revenue and its CO are dismissed

Bench: Shri Rajpal Yadav & Shri O.P. Kantआयकर अपील सं./ Ita No. 6181/Del/2015 With Co No.376/Del/2015 & "नधा"रण वष"/Assessment Year: 2010-11 M/S.Unitech Limited Dcit, Cir.27(1) 6, Community Centre Vs New Delhi. Saket, New Delhi 17. अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri Salil Aggarwal, Ar Revenue By : Shri H.K. Choudhary, Cit-Dr सुनवाई क" तार"ख/Date Of Hearing : 03/05/2018 घोषणा क" तार"ख /Date Of Pronouncement : 27/06/2018 O R D E R

houses etc. 3. Assessee has filed its return of income on 4.10.2010 declaring total income at Rs.704,98,86,354/-. A draft assessment order was prepared by the AO on 13.4.2011 which was served upon the assessee. It has filed its objection before the ld.DRP and the ld.DRP has passed its order under section 144C

M/S. UNITECH LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result, appeal of the assessee is allowed on preliminary ground, appeal of Revenue and its CO are dismissed

Bench: Shri Rajpal Yadav & Shri O.P. Kantआयकर अपील सं./ Ita No. 6181/Del/2015 With Co No.376/Del/2015 & "नधा"रण वष"/Assessment Year: 2010-11 M/S.Unitech Limited Dcit, Cir.27(1) 6, Community Centre Vs New Delhi. Saket, New Delhi 17. अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri Salil Aggarwal, Ar Revenue By : Shri H.K. Choudhary, Cit-Dr सुनवाई क" तार"ख/Date Of Hearing : 03/05/2018 घोषणा क" तार"ख /Date Of Pronouncement : 27/06/2018 O R D E R

houses etc. 3. Assessee has filed its return of income on 4.10.2010 declaring total income at Rs.704,98,86,354/-. A draft assessment order was prepared by the AO on 13.4.2011 which was served upon the assessee. It has filed its objection before the ld.DRP and the ld.DRP has passed its order under section 144C

MONI KUMAR SUBBA,NEW DELHI vs. ACIT CENTRAL CIRCLE-08, NEW DELHI

In the result, the appeal is allowed for statistical purposes

Bench: Shri Mahavir Singh & Before Shri Mahavir Singh & Before Shri Before Shri Mahavir Singh & Mahavir Singh & Shri Brajesh Kumar Singhshri Brajesh Kumar Singhshri Brajesh Kumar Singhshri Brajesh Kumar Singh

House, 118, Village Sultanpur, 118, Village Sultanpur, 118, Village Sultanpur, 118, Village Sultanpur, Mehrauli Gurgaon Road, Mehrauli Gurgaon Road, Mehrauli Gurgaon Road, Mehrauli Gurgaon Road, Delhi – 110 030. Delhi 110 030. Delhi Delhi 110 030. 110 030. PAN : AASPS1484J. PAN : AASPS1484J. PAN : AASPS1484J. PAN : AASPS1484J. (Appellant) (Respondent) Appellant by : Shri R.S. Singhvi, CA and Shri Satyajeet Goel, Advocate. Respondent

MONI KUMAR SUBBA,NEW DELHI vs. ACIT CENTRAL CIRCLE-08, NEW DELHI

In the result, the appeal is allowed for statistical purposes

Bench: Shri Mahavir Singh & Before Shri Mahavir Singh & Before Shri Before Shri Mahavir Singh & Mahavir Singh & Shri Brajesh Kumar Singhshri Brajesh Kumar Singhshri Brajesh Kumar Singhshri Brajesh Kumar Singh

House, 118, Village Sultanpur, 118, Village Sultanpur, 118, Village Sultanpur, 118, Village Sultanpur, Mehrauli Gurgaon Road, Mehrauli Gurgaon Road, Mehrauli Gurgaon Road, Mehrauli Gurgaon Road, Delhi – 110 030. Delhi 110 030. Delhi Delhi 110 030. 110 030. PAN : AASPS1484J. PAN : AASPS1484J. PAN : AASPS1484J. PAN : AASPS1484J. (Appellant) (Respondent) Appellant by : Shri R.S. Singhvi, CA and Shri Satyajeet Goel, Advocate. Respondent

MONI KUMAR SUBBA,NEW DELHI vs. ACIT CENTRAL CIRCLE-08, NEW DELHI

In the result, the appeal is allowed for statistical purposes

Bench: Shri Mahavir Singh & Before Shri Mahavir Singh & Before Shri Before Shri Mahavir Singh & Mahavir Singh & Shri Brajesh Kumar Singhshri Brajesh Kumar Singhshri Brajesh Kumar Singhshri Brajesh Kumar Singh

House, 118, Village Sultanpur, 118, Village Sultanpur, 118, Village Sultanpur, 118, Village Sultanpur, Mehrauli Gurgaon Road, Mehrauli Gurgaon Road, Mehrauli Gurgaon Road, Mehrauli Gurgaon Road, Delhi – 110 030. Delhi 110 030. Delhi Delhi 110 030. 110 030. PAN : AASPS1484J. PAN : AASPS1484J. PAN : AASPS1484J. PAN : AASPS1484J. (Appellant) (Respondent) Appellant by : Shri R.S. Singhvi, CA and Shri Satyajeet Goel, Advocate. Respondent

MONI KUMAR SUBBA,DELHI vs. ACIT, CENTRAL CIRCLE-4, NEW DELHI

In the result, the appeal is allowed for statistical purposes

Bench: Shri Mahavir Singh & Before Shri Mahavir Singh & Before Shri Before Shri Mahavir Singh & Mahavir Singh & Shri Brajesh Kumar Singhshri Brajesh Kumar Singhshri Brajesh Kumar Singhshri Brajesh Kumar Singh

House, 118, Village Sultanpur, 118, Village Sultanpur, 118, Village Sultanpur, 118, Village Sultanpur, Mehrauli Gurgaon Road, Mehrauli Gurgaon Road, Mehrauli Gurgaon Road, Mehrauli Gurgaon Road, Delhi – 110 030. Delhi 110 030. Delhi Delhi 110 030. 110 030. PAN : AASPS1484J. PAN : AASPS1484J. PAN : AASPS1484J. PAN : AASPS1484J. (Appellant) (Respondent) Appellant by : Shri R.S. Singhvi, CA and Shri Satyajeet Goel, Advocate. Respondent

PR. COMMISSIONER OF INCOME TAX -15, DELHI vs. SANJAY PRATAP SINGH

Bench: HON'BLE MR. JUSTICE VIBHU BAKHRU,HON'BLE MR. JUSTICE TEJAS KARIA

269T of the Income Tax Act do make it compulsory for persons who accept loan or deposits of about Rs. 20,000/- to accept them only through proper banking channels. However, the consequence of not doing so, could fasten the parties with penalties under the Income Tax Act, 1961 which would be pursued by Income Tax Authorities separately

DALMIA FINANCE LTD.,NEW DELHI vs. JCIT, SPECIAL RANGE-3, NEW DELHI

Accordingly direct the Assessing Officer to delete the addition of Rs.27,76,92,000/-, Ground No.2 is accordingly allowed

Bench: Shri Anil Chaturvedi & Shri Kuldip Singh

Housing Finance Ltd. respectively as final settlement 6 ITA No.4656/Del./2018 ITA No.5184/Del./2018 against the earlier mentioned dues and on the basis of memorandum of settlement, assessee claimed a capital loss of Rs.20,71,90,000/- as detailed in the table extracted in preceding para no.4 10. At the very outset, ld. AR for the assessee fairly conceded that

ADDL.CIT, SPECIAL RANGE-3, NEW DELHI vs. DALMIA FINANCE LTD., NEW DELHI

Accordingly direct the Assessing Officer to delete the addition of Rs.27,76,92,000/-, Ground No.2 is accordingly allowed

Bench: Shri Anil Chaturvedi & Shri Kuldip Singh

Housing Finance Ltd. respectively as final settlement 6 ITA No.4656/Del./2018 ITA No.5184/Del./2018 against the earlier mentioned dues and on the basis of memorandum of settlement, assessee claimed a capital loss of Rs.20,71,90,000/- as detailed in the table extracted in preceding para no.4 10. At the very outset, ld. AR for the assessee fairly conceded that