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

270 IT 156 (M.P.)], it was held by the Hon'ble Madhya Pradesh High Court that penalty under section 271(1)(c) was not eligible in respect of disallowance of assessee's claim for set off of share trading loss by treating the same as speculative in nature as per Explanation to Section 73 on the basis of preliminary details

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

270 IT 156 (M.P.)], it was held by the Hon'ble Madhya Pradesh High Court that penalty under section 271(1)(c) was not eligible in respect of disallowance of assessee's claim for set off of share trading loss by treating the same as speculative in nature as per Explanation to Section 73 on the basis of preliminary details

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

270 IT 156 (M.P.)], it was held by the Hon'ble Madhya Pradesh High Court that penalty under section 271(1)(c) was not eligible in respect of disallowance of assessee's claim for set off of share trading loss by treating the same as speculative in nature as per Explanation to Section 73 on the basis of preliminary details

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

270 IT 156 (M.P.)], it was held by the Hon'ble Madhya Pradesh High Court that penalty under section 271(1)(c) was not eligible in respect of disallowance of assessee's claim for set off of share trading loss by treating the same as speculative in nature as per Explanation to Section 73 on the basis of preliminary details

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

270 IT 156 (M.P.)], it was held by the Hon'ble Madhya Pradesh High Court that penalty under section 271(1)(c) was not eligible in respect of disallowance of assessee's claim for set off of share trading loss by treating the same as speculative in nature as per Explanation to Section 73 on the basis of preliminary details

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

270 IT 156 (M.P.)], it was held by the Hon'ble Madhya Pradesh High Court that penalty under section 271(1)(c) was not eligible in respect of disallowance of assessee's claim for set off of share trading loss by treating the same as speculative in nature as per Explanation to Section 73 on the basis of preliminary details

THE MAMURPUR CO-OPERATIVE THRIFT AND CREDIT SOCIETY LTD.,NEW DELHI vs. ADDL. CIT, RANGE- 38, NEW DELHI

In the result, both the appeals filed by the assessee are allowed

Bench: Shri H.S. Sidhu & Shri O.P. Kant

270-D or 279-E read with Section 279 of the Income Tax Act was ever issued by the Assessing Officer. The petitioner was wrongly attempted to establish the show cause notice dated 20.12.2016 as a legal notice under Section 271-D / 271-E read with Section 274 of the Income Tax Act. 13 ITA No. 1370 & 1371/Del./2019

THE MAMURPUR CO-OPERATIVE THRIFT AND CREDIT SOCIETY LTD.,NEW DELHI vs. ADDL. CIT, RANGE- 38, NEW DELHI

In the result, both the appeals filed by the assessee are allowed

Bench: Shri H.S. Sidhu & Shri O.P. Kant

270-D or 279-E read with Section 279 of the Income Tax Act was ever issued by the Assessing Officer. The petitioner was wrongly attempted to establish the show cause notice dated 20.12.2016 as a legal notice under Section 271-D / 271-E read with Section 274 of the Income Tax Act. 13 ITA No. 1370 & 1371/Del./2019

DCIT, FARIDABAD vs. M/S SUCON INDIA LTD, FARIDABAD

Bench: Shri R.K. Panda & Shri Kuldip Singhassessment Year : 2009-10

section 73 of the Act being speculative loss on derivative transactions which cannot be set off against the business income. He also made addition of Rs.4798/- u/s 14A r.w.r.8D and Rs.33,000/- being expenses incurred at ROC for increasing authorized share capital. The Assessing Officer, thereafter, initiated penalty proceedings u/s 271(1)(c) of the Income Tax Act. Rejecting

JAINA MARKETING & ASSOCIATES,DELHI vs. DCIT, CENTRAL CIRCLE-18, DELHI

Accordingly, Appeals filed by the assessee are allowed

Bench: Shri M. Balaganesh & Shri Yogesh Kumar U.S.

271(1)(c)/271A and 271AAB of the Act have been passed on 12/10/2021 for the years under consideration. Aggrieved by the penalty orders the assessee preferred the Appeals before the CIT(A). The Ld. CIT(A) vide orders dated 29/12/2022 and 26/12/2022 dismissed the Appeals filed by the assessee. As against the orders

JAINA MARKETING & ASSOCIATES,DELHI vs. DCIT, CENTRAL CIRCLE-18, DELHI

Accordingly, Appeals filed by the assessee are allowed

Bench: Shri M. Balaganesh & Shri Yogesh Kumar U.S.

271(1)(c)/271A and 271AAB of the Act have been passed on 12/10/2021 for the years under consideration. Aggrieved by the penalty orders the assessee preferred the Appeals before the CIT(A). The Ld. CIT(A) vide orders dated 29/12/2022 and 26/12/2022 dismissed the Appeals filed by the assessee. As against the orders

JAINA MARKETING & ASSOCIATES,DELHI vs. DCIT, CENTRAL CIRCLE-18, DELHI

Accordingly, Appeals filed by the assessee are allowed

Bench: Shri M. Balaganesh & Shri Yogesh Kumar U.S.

271(1)(c)/271A and 271AAB of the Act have been passed on 12/10/2021 for the years under consideration. Aggrieved by the penalty orders the assessee preferred the Appeals before the CIT(A). The Ld. CIT(A) vide orders dated 29/12/2022 and 26/12/2022 dismissed the Appeals filed by the assessee. As against the orders

VINOD JINDAL,FARIDABAD, HARYANA vs. DCIT, CENTRAL CIRCLE-2, FARIDABAD, HARYANA

In the result, appeals of the assessee are allowed

Bench: Shri Challa Nagendra Prasad & Shri M Balaganeshआ.अ.सं/.I.T.A Nos.1918, 1919, 1920, 1921 & 1923/Del/2025 िनधा"रणवष"/Assessment Years:2013-14 To 2017-18 बनाम Shri Vinod Jindal, Dcit, H.No.1203A, Tower C-3, Vs. Central Circle-2, Srs Pearl Heights, Faridabad. Sector-87, Faridabad. Pan No.Aenpj1202Q अपीलाथ" Appellant ""यथ"/Respondent

271(1)(c) of the Act for Assessment Years 2013-14 to 2016-17 are quashed. 10. We further observed that the Hon’ble Jurisdictional High Court in the case of Schneider Electric South East Asia (HQ) Pte. Ltd. vs. ACIT (145 taxmann.com 665) held as under: “2. By way of the impugned order, dated 09th March, 2022, the Petitioner

VINOD JINDAL,FARIDABAD, HARYANA vs. DCIT, CENTRAL CIRCLE-2, FARIDABAD, HARYANA

In the result, appeals of the assessee are allowed

Bench: Shri Challa Nagendra Prasad & Shri M Balaganeshआ.अ.सं/.I.T.A Nos.1918, 1919, 1920, 1921 & 1923/Del/2025 िनधा"रणवष"/Assessment Years:2013-14 To 2017-18 बनाम Shri Vinod Jindal, Dcit, H.No.1203A, Tower C-3, Vs. Central Circle-2, Srs Pearl Heights, Faridabad. Sector-87, Faridabad. Pan No.Aenpj1202Q अपीलाथ" Appellant ""यथ"/Respondent

271(1)(c) of the Act for Assessment Years 2013-14 to 2016-17 are quashed. 10. We further observed that the Hon’ble Jurisdictional High Court in the case of Schneider Electric South East Asia (HQ) Pte. Ltd. vs. ACIT (145 taxmann.com 665) held as under: “2. By way of the impugned order, dated 09th March, 2022, the Petitioner

VINOD JINDAL,FARIDABAD, HARYANA vs. DCIT, CENTRAL CIRCLE-2, FARIDABAD, HARYANA

In the result, appeals of the assessee are allowed

Bench: Shri Challa Nagendra Prasad & Shri M Balaganeshआ.अ.सं/.I.T.A Nos.1918, 1919, 1920, 1921 & 1923/Del/2025 िनधा"रणवष"/Assessment Years:2013-14 To 2017-18 बनाम Shri Vinod Jindal, Dcit, H.No.1203A, Tower C-3, Vs. Central Circle-2, Srs Pearl Heights, Faridabad. Sector-87, Faridabad. Pan No.Aenpj1202Q अपीलाथ" Appellant ""यथ"/Respondent

271(1)(c) of the Act for Assessment Years 2013-14 to 2016-17 are quashed. 10. We further observed that the Hon’ble Jurisdictional High Court in the case of Schneider Electric South East Asia (HQ) Pte. Ltd. vs. ACIT (145 taxmann.com 665) held as under: “2. By way of the impugned order, dated 09th March, 2022, the Petitioner

VINOD JINDAL,FARIDABAD, HARYANA vs. DCIT, CENTRAL CIRCLE-2, FARIDABAD, HARYANA

In the result, appeals of the assessee are allowed

Bench: Shri Challa Nagendra Prasad & Shri M Balaganeshआ.अ.सं/.I.T.A Nos.1918, 1919, 1920, 1921 & 1923/Del/2025 िनधा"रणवष"/Assessment Years:2013-14 To 2017-18 बनाम Shri Vinod Jindal, Dcit, H.No.1203A, Tower C-3, Vs. Central Circle-2, Srs Pearl Heights, Faridabad. Sector-87, Faridabad. Pan No.Aenpj1202Q अपीलाथ" Appellant ""यथ"/Respondent

271(1)(c) of the Act for Assessment Years 2013-14 to 2016-17 are quashed. 10. We further observed that the Hon’ble Jurisdictional High Court in the case of Schneider Electric South East Asia (HQ) Pte. Ltd. vs. ACIT (145 taxmann.com 665) held as under: “2. By way of the impugned order, dated 09th March, 2022, the Petitioner

VINOD JINDAL,FARIDABAD, HARYANA vs. DCIT, CENTRAL CIRCLE-2, FARIDABAD, HARYANA

In the result, appeals of the assessee are allowed

Bench: Shri Challa Nagendra Prasad & Shri M Balaganeshआ.अ.सं/.I.T.A Nos.1918, 1919, 1920, 1921 & 1923/Del/2025 िनधा"रणवष"/Assessment Years:2013-14 To 2017-18 बनाम Shri Vinod Jindal, Dcit, H.No.1203A, Tower C-3, Vs. Central Circle-2, Srs Pearl Heights, Faridabad. Sector-87, Faridabad. Pan No.Aenpj1202Q अपीलाथ" Appellant ""यथ"/Respondent

271(1)(c) of the Act for Assessment Years 2013-14 to 2016-17 are quashed. 10. We further observed that the Hon’ble Jurisdictional High Court in the case of Schneider Electric South East Asia (HQ) Pte. Ltd. vs. ACIT (145 taxmann.com 665) held as under: “2. By way of the impugned order, dated 09th March, 2022, the Petitioner

SOREGAM SA,BELGIUM vs. ACIT INTERNATIONAL TAXATIONTAX GURGAON, GURGAON

In the result, appeals of the assessee are allowed

Bench: Shri Challa Nagendra Prasad & Shri M Balaganeshआ.अ.सं/.I.T.A Nos.1918, 1919, 1920, 1921 & 1923/Del/2025 िनधा"रणवष"/Assessment Years:2013-14 To 2017-18 बनाम Shri Vinod Jindal, Dcit, H.No.1203A, Tower C-3, Vs. Central Circle-2, Srs Pearl Heights, Faridabad. Sector-87, Faridabad. Pan No.Aenpj1202Q अपीलाथ" Appellant ""यथ"/Respondent

271(1)(c) of the Act for Assessment Years 2013-14 to 2016-17 are quashed. 10. We further observed that the Hon’ble Jurisdictional High Court in the case of Schneider Electric South East Asia (HQ) Pte. Ltd. vs. ACIT (145 taxmann.com 665) held as under: “2. By way of the impugned order, dated 09th March, 2022, the Petitioner