M/S. ANSAL PROPERTIES & INFRASTRUCTURE LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result, the appeal of the assessee is partly allowed

Bench: Shri G.S. Pannu & Before Shri G.S. Pannu & Before Shri G.S. Pannu Before Shri G.S. Pannu & Ms. Suchitra Kamblems. Suchitra Kamble Ms. Suchitra Kamble Ms. Suchitra Kamble

House Property. OTHER GROUNDS RETAINED. 2.1. That on the facts and in the circumstances of the case, the Learned CIT(Appeals) has erred in disallowing the entire expenditure of Rs. 9,46,22,358/- u/s 37(1) as capital nature on the ground that the same related to issue of equity shares of the company to selected Qualified Institutional Buyers

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)

35D of the act, as had been allowed in the assessment year 2003-04 treating the said ground as an additional ground raised before the Tribunal for the first time. 6. That on the facts and circumstances of the case and in law, the CIT(A) erred in not directing the Assessing Officer to allow credit of TDS of Rs.1

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)

35D of the act, as had been allowed in the assessment year 2003-04 treating the said ground as an additional ground raised before the Tribunal for the first time. 6. That on the facts and circumstances of the case and in law, the CIT(A) erred in not directing the Assessing Officer to allow credit of TDS of Rs.1

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)

35D of the act, as had been allowed in the assessment year 2003-04 treating the said ground as an additional ground raised before the Tribunal for the first time. 6. That on the facts and circumstances of the case and in law, the CIT(A) erred in not directing the Assessing Officer to allow credit of TDS of Rs.1

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)

35D of the act, as had been allowed in the assessment year 2003-04 treating the said ground as an additional ground raised before the Tribunal for the first time. 6. That on the facts and circumstances of the case and in law, the CIT(A) erred in not directing the Assessing Officer to allow credit of TDS of Rs.1

A2Z MAINTENANCE & ENGINEERING SERVICES LTD.,GURGAON vs. DCIT, CENTRAL CIRCLE-II, FARIDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

property for which rent of Rs. 6,60,000/- was in fact used as a guest house for the company during the year under consideration and the addition was confirmed by the CIT(A). As the appellant had furnished inaccurate particulars regarding the same, penalty w/s 271(1)(c) of the Act on this addition has been imposed

A2Z INFRA ENGINEERING LIMITED,GURGAON vs. CCIT- CENTRAL CIRCLE-2, FARIDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

property for which rent of Rs. 6,60,000/- was in fact used as a guest house for the company during the year under consideration and the addition was confirmed by the CIT(A). As the appellant had furnished inaccurate particulars regarding the same, penalty w/s 271(1)(c) of the Act on this addition has been imposed

A2Z INFRA ENGINEERING LIMITED,GURGAON vs. DCIT CC-2 , FARIDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

property for which rent of Rs. 6,60,000/- was in fact used as a guest house for the company during the year under consideration and the addition was confirmed by the CIT(A). As the appellant had furnished inaccurate particulars regarding the same, penalty w/s 271(1)(c) of the Act on this addition has been imposed

A2Z INFRA ENGINEERING LIMITED,GURGAON vs. DCIT- CENTRAL CIRCLE-2, FARIDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

property for which rent of Rs. 6,60,000/- was in fact used as a guest house for the company during the year under consideration and the addition was confirmed by the CIT(A). As the appellant had furnished inaccurate particulars regarding the same, penalty w/s 271(1)(c) of the Act on this addition has been imposed

A2Z INFRA ENGINEERING LIMITED,GURGAON vs. DCIT- CENTRAL CIRCLE-2, FARIDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

property for which rent of Rs. 6,60,000/- was in fact used as a guest house for the company during the year under consideration and the addition was confirmed by the CIT(A). As the appellant had furnished inaccurate particulars regarding the same, penalty w/s 271(1)(c) of the Act on this addition has been imposed

DCIT CC-2 , FARIDABAD vs. A2Z MAINTENANCE AND ENGINEERING SERVICES LTD., GURGAON

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

property for which rent of Rs. 6,60,000/- was in fact used as a guest house for the company during the year under consideration and the addition was confirmed by the CIT(A). As the appellant had furnished inaccurate particulars regarding the same, penalty w/s 271(1)(c) of the Act on this addition has been imposed

DCIT-CENTRAL CIRCLE-2, FARIDABAD vs. A2Z INFRA ENGINEERS LTD., GURGAON

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

property for which rent of Rs. 6,60,000/- was in fact used as a guest house for the company during the year under consideration and the addition was confirmed by the CIT(A). As the appellant had furnished inaccurate particulars regarding the same, penalty w/s 271(1)(c) of the Act on this addition has been imposed

INFRA ENGINEERS LTD.,GURGAON vs. DCIT, CC-2, FARIDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma

property for which rent of Rs. 6,60,000/- was in fact used as a guest house for the company during the year under consideration and the addition was confirmed by the CIT(A). As the appellant had furnished inaccurate particulars regarding the same, penalty w/s 271(1)(c) of the Act on this addition has been imposed

DCIT, CIRCLE-II(I) vs. I.F.C.I. LTD.,,

In the result ITA number 2205/Del/2005 filed by the learned assessing officer is dismissed

Bench: Ms Suchitra Kamble & Shri Prashant Maharishi

house property or income from other sources.The Apex Court opined as follows: 52. From the circumstances narrated above and from the Memorandum explaining the Finance Bill, 1987 (supra), it is crystal clear that the amendment was intended to supply an obvious omission or to clear up doubts as to the meaning of the word 'owner' in section

IFCI LTD. vs. ADDL. CIT, CIRCLE-11(1),,

In the result ITA number 2205/Del/2005 filed by the learned assessing officer is dismissed

Bench: Ms Suchitra Kamble & Shri Prashant Maharishi

house property or income from other sources.The Apex Court opined as follows: 52. From the circumstances narrated above and from the Memorandum explaining the Finance Bill, 1987 (supra), it is crystal clear that the amendment was intended to supply an obvious omission or to clear up doubts as to the meaning of the word 'owner' in section

VATIKA LTD.,NEW DELHI vs. DCIT, NEW DELHI

Bench: Smt Beena A Pillai & Shri Prashant Maharishi

house property 5 Service tax payable incorrectly added 19177337/– back in the original return of income though the same was not debited to profit and loss account 6 Deduction of donation made of INR 7 375000/– 50000/– claimed under section 80 C of the act instead of section 35AC of the act Total 136933237/– 4. After the verification

DCIT, CIRCLE 22(2), NEW DELHI, NEW DELHI vs. SAHIL VACHANI, DELHI

Appeal of the Revenue stands dismissed

Bench: Shri Mahavir Singh, Vice Presdient (), Shri Vikas Awasthy& Shriavdhesh Kumar Mishraआअसं.2604/िद"ी/2023(िन.व. 2016-17)

house and accordingly claimed an exemption u/s. 54F of the Act. During the course of assessment proceedings, the assessee furnished a copy of agreement dated 29.07.2016 to substantiate that he had entered into a contract of purchase/construction of the property. The AO rejected assessee’s claim of exemption u/s. 54F of the Act, as the new asset had never come

SYSTEMS AMERICA (INDIA) LTD. vs. ADDL. COMMISSIONER OF INCOME TAX,,

In the result, appeal of the assessee is partly allowed and that of the Department is dismissed

Bench: Shri N.K. Saini & Shri Kuldip Singh

35D of the Act on the ground that expenses claimed related to public issue which did not take place. 2.1 That the Commissioner of Income Tax (Appeals) erred on facts and in law in not allowing deduction of Rs. 9,67,500 being the loan documentation expenditure under section 37(1) of the Act on the ground that no details