THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

house property and there could not have been any further additions. 16. Since the provisions of fixation of annual rent under the Delhi Municipal Corporation Act are pari materia of section 23 of the Act we are inclined to accevt the aforesaid view of the Calcutta High Court in Satya Co. Ltd. 's case (suyra) that in such circumstances

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

house property and there could not have been any further additions. 16. Since the provisions of fixation of annual rent under the Delhi Municipal Corporation Act are pari materia of section 23 of the Act we are inclined to accevt the aforesaid view of the Calcutta High Court in Satya Co. Ltd. 's case (suyra) that in such circumstances

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, NEW DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

house property and there could not have been any further additions. 16. Since the provisions of fixation of annual rent under the Delhi Municipal Corporation Act are pari materia of section 23 of the Act we are inclined to accevt the aforesaid view of the Calcutta High Court in Satya Co. Ltd. 's case (suyra) that in such circumstances

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTER CIRCLE-4, DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

house property and there could not have been any further additions. 16. Since the provisions of fixation of annual rent under the Delhi Municipal Corporation Act are pari materia of section 23 of the Act we are inclined to accevt the aforesaid view of the Calcutta High Court in Satya Co. Ltd. 's case (suyra) that in such circumstances

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, NEW DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

house property and there could not have been any further additions. 16. Since the provisions of fixation of annual rent under the Delhi Municipal Corporation Act are pari materia of section 23 of the Act we are inclined to accevt the aforesaid view of the Calcutta High Court in Satya Co. Ltd. 's case (suyra) that in such circumstances

THE KUMAR FAMILY TRUST,DELHI vs. ACIT, CENTRAL CIRCLE-4, DELHI

In the result, appeal for AYs 2013-14 & 2014-15 are unabated and assessments are set aside due to no incriminating material found during the search and the appeals for the said assessment years are...

Bench: Shri S. Rifaur Rahman & Shri Sudhir Kumar, Judicialmember

house property and there could not have been any further additions. 16. Since the provisions of fixation of annual rent under the Delhi Municipal Corporation Act are pari materia of section 23 of the Act we are inclined to accevt the aforesaid view of the Calcutta High Court in Satya Co. Ltd. 's case (suyra) that in such circumstances

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

MILAN SAINI,GURGAON vs. DCIT, CIRCLE- 2 , GURGAON

In the result, the appeal of the assessee is allowed

Bench: Shri M Balaganesh & Shri Vimal Kumarassessment Year: 2014-15 Milan Saini, Vs. Dcit, 37, Centrum Plaza, Dlf Golf Circle-2. Course Road, Sector 53, Gurgaon Gurgaon (Haryana) Pan: Braps1366P (Appellant) (Respondent)

Housing Development Corpn. Vs. ACIT: [2019] 179 ITD 154 (Mum Trib.) (i) ACIT vs Jackie Shroff: [2018] 172 ITD 425 (Mumbai) 12 (j) Satyam Food Specialties (P.) Ltd. v. Dy. CIT [2015] 68 SOT 449 (Jaipur - Trib.) (k) Ishvakoo Grand Plaza v. DCIT: ITA No. 4537/Del/2017 (Del. Trib) (l) Ms. Padma Rao vs. CIT: [2024] 159 taxmann.com 30 (Del Trib

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

In the result this issue is allowed in favour of the assessee

Bench: Shri Amit Shukla & Shri L.P. Sahu

house property as business income (ground 7 to 7.2); vi) Disallowance of expenditure of Rs. 5,27,339/- being expenditure (8 to 8.1); vii) Ground no. 9 and 10 relates to disallowance u/s 40A (3) and u/s 41, which has not been pressed before us. viii) Disallowance of Rs. 12,37,07,018/- u/s 14A. 11. The facts in brief

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

In the result this issue is allowed in favour of the assessee

Bench: Shri Amit Shukla & Shri L.P. Sahu

house property as business income (ground 7 to 7.2); vi) Disallowance of expenditure of Rs. 5,27,339/- being expenditure (8 to 8.1); vii) Ground no. 9 and 10 relates to disallowance u/s 40A (3) and u/s 41, which has not been pressed before us. viii) Disallowance of Rs. 12,37,07,018/- u/s 14A. 11. The facts in brief

UNIVERSAL PRECISION SCREWS,NEW DELHI vs. JCIT, NEW DELHI

Bench: Hon’Ble, Shri G.D.Agrawal & Shri Kuldip Singhi.T.A. No.1454/Del/2015 (Assessment Years 2010-11)

Section 24(b) of the Act while computing income from house property. (ii) That the abovesaid disallowance had been made despite the fact that the loan on which interest has been paid was utilized for the purpose of construction of let out property. 9 (i) On the facts and circumstances of the case, the learned CIT(A) has erred both

GURPREET SINGH DHILLON,INDIA vs. DCIT, CIRCLE INT TAX 1(2)(2), DELHI

In the result, appeal of the assessee is allowed

Bench: Shri Sudhir Pareek & Shri Brajesh Kumar Singh[Assessment Year: 2022-23] Gurpreet Singh Dhillon, Dcit, Kothi No. 2, Dear Baba Circle Int. Tax 1(2)(2), Jaimal Singh, Beas, Vs Civic Centre, Minto Road, Amritsar, New Delhi-110002. Punjab-143204 Pan- Afqpd5302R Assessee Revenue

Section 143(3) r.w.s. 144C(3) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) by the ACIT, Circle 1(2)(2), International Taxation, New Delhi, (hereinafter referred to as the ‘Ld. AO’) pertaining to A.Y. 2022-23. 2. Brief facts of the case: During the year the assessee had earned rental Income from leased out property

PRADEEP WIG,NEW DELHI vs. ACIT CENTRAL CIRCLE-5, NEW DELHI

The appeals of the Revenue are dismissed

Bench: Shri M. Balaganesh & Shri Anubhav Sharma

House, UK was purchased for GBP 58,50,000 in FY 2014-15. 4.4.20 CCL has not done any substantive business apart from investment in above properties. The above details clearly highlight the fact that the 16 ITAs No.405 to 411; 412 to 418/Del/2021; ITA No.153/Del/2022; 716/Del/2021; 165/Del/2022; 163/Del/2022; 715/Del/2021; 164/Del/2022; BMA No.5 to 7/Del/2022; and BMA No.8 to 10/Del/2022

DCIT, NEW DELHI vs. M/S. DYNAMIC UNIVERSAL LTD., NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Smt Diva Singh & Sh.Prashant Maharishi

house property for which a standard deduction of 30% of the rental income has been allowed separately under Section 24(a) of the Act. This has been done on the ground that the business income shown by the appellant is only Rs.2,02,914/- as against which the expenditure claimed is Rs.97,26,159/- which is very high. Considering this

HINDON RIVER MILLS LTD.,GHAZIABAD vs. DCIT, GHAZIABAD

In the result, all captioned appeals are dismissed

Bench: Shri Pradip Kumar Kedia & Shri Sudhir Pareek

Section Page 2 of 7 ITA Nos.- 95/Del/2011 and others Hindon River Mills Ltd. 41 (1) of Income Tax Act, 1961 as business Income only. The Hon'ble CIT (A) has failed to appreciate that such Income can not be taxed under the head "Income from other Sources". It is therefore prayed that necessary directions should be given in this

HINDON RIVER MILLS LTD.,GHAZIABAD vs. DCIT, GHAZIABAD

In the result, all captioned appeals are dismissed

Bench: Shri Pradip Kumar Kedia & Shri Sudhir Pareek

Section Page 2 of 7 ITA Nos.- 95/Del/2011 and others Hindon River Mills Ltd. 41 (1) of Income Tax Act, 1961 as business Income only. The Hon'ble CIT (A) has failed to appreciate that such Income can not be taxed under the head "Income from other Sources". It is therefore prayed that necessary directions should be given in this

HINDON RIVER MILLS LTD.,GHAZIABAD vs. DCIT, GHAZIABAD

In the result, all captioned appeals are dismissed

Bench: Shri Pradip Kumar Kedia & Shri Sudhir Pareek

Section Page 2 of 7 ITA Nos.- 95/Del/2011 and others Hindon River Mills Ltd. 41 (1) of Income Tax Act, 1961 as business Income only. The Hon'ble CIT (A) has failed to appreciate that such Income can not be taxed under the head "Income from other Sources". It is therefore prayed that necessary directions should be given in this

COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION)-2, DELHI vs. PT LP DISPLAY INDONESIA

Bench: HON'BLE MR. JUSTICE MANMOHAN,HON'BLE MR. JUSTICE NAVIN CHAWLA

Housing and Urban Affairs in the Union Government as well as the GNCTD acting through its Chief Secretary be impleaded in the present proceedings. Ordered Digitally Signed By:NEHA Signing Date:17.03.2023 17:04:09 Signature Not Verified Neutral Citation Number: 2023:DHC:1902 OMP (ENF.) (COMM.) 145/2021 Page 17 of 133 accordingly. The Court requests learned counsel

DLF LTD.,NEW DELHI vs. ADDL. CIT, NEW DELHI

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

Bench: Shri B.P. Jain & Shri K.N. Chary.

House property 32 TOR-28 Notional rental income 431 452 3,28,52,595.00 33 TOR-28 Reconciliation of TDS with 452 456 5,41,734.00 rental income. 34 Withdrawal of TDS on rental income Rs. 41,764/- 35 TOR-28 Withdrawal of TDS credit Rs 456 457 *** 41,764 36 TOR-28 Notional Rent where security 457