CAIRN UK HOLDING LTD.,AHMEDABAD vs. DCIT (INTERNATIONAL TAXATION), NEW DELHI

In the result ground No. 5 of the appeal of the assessee is allowed

Bench: Shri H. S. Sidhu & Shri Prashant Maharishi

2)/2Q13-14/453 dated ' 25.02.2014" (Emphasis added) 6.8 Further, in the said reasons, at various places reference was given of the February 2014. This goes to prove that the survey report was received by the AO in the month of February 2014 only. 6.9 In view of the above, the Appellant submits that since the survey report had been received

CIT vs. KRIBHCO

80P(2)(d) of the Act and, therefore, has to be disallowed under Section 14A. 5. The assessee succeeded in the first appeal and before the tribunal. We may notice that in the first appeal, the assessee had raised several contentions on merits as to the quantum of disallowance of the expenditure under the head “interest” and had pointed

COMMISSIONER OF INCOME TAX

80P(2)(d) of the Act and, therefore, has to be disallowed under Section 14A. 5. The assessee succeeded in the first appeal and before the tribunal. We may notice that in the first appeal, the assessee had raised several contentions on merits as to the quantum of disallowance of the expenditure under the head “interest” and had pointed

THE KADIYAN COOP. L&C SOCIETY LTD.,PANIPAT vs. ACIT, CIRCLE PANIPAT, PANIPAT

In the result appeal of the assessee is allowed

Bench: Shri Amit Shukla & Shri Prashant Maharishithe Kadiyan Coop L&C Society Vs. Acit, Ltd, Circle Panipat V&Po Sewah, Panipat, Haryana Pan: Aaalt0541R (Appellant) (Respondent)

80P of the income tax act in the sense of expenses claim solely on the collective disposal of the labour of its members has not been proved by the appellant. Therefore, assessee aggrieved by the order of the learned commissioner of income tax appeals has preferred an appeal before us. 7. We have heard the rival parties and perused

GALLERIA CONDOMINIUM ASSOCIATION,GURGAON vs. INCOME TAX OFFICER, WARD-1(3), GURGAON, GURGAON

In the result, all the appeals filed by the assessee are remanded back to the file of the Assessing Officer for fresh assessment

Bench: Shri Amit Shuklaas S.M.C. (Through Video Conferencing)

reassessment proceedings are liable to be quashed. 3. Whether the Ld. AO justified in disallowing the claim of Interest income on the basis of concept of mutuality of Rs. 2,91,155/- under section 80P

GALLERIA CONDOMINIUM ASSOCIATION,GURGAON vs. INCOME TAX OFFICER, WARD-1(3), GURGAON, GURGAON

In the result, all the appeals filed by the assessee are remanded back to the file of the Assessing Officer for fresh assessment

Bench: Shri Amit Shuklaas S.M.C. (Through Video Conferencing)

reassessment proceedings are liable to be quashed. 3. Whether the Ld. AO justified in disallowing the claim of Interest income on the basis of concept of mutuality of Rs. 2,91,155/- under section 80P

GALLERIA CONDOMINIUM ASSOCIATION,GURGAON vs. INCOME TAX OFFICER, WARD-1(5), GURGAON, GURUGRAM

In the result, all the appeals filed by the assessee are remanded back to the file of the Assessing Officer for fresh assessment

Bench: Shri Amit Shuklaas S.M.C. (Through Video Conferencing)

reassessment proceedings are liable to be quashed. 3. Whether the Ld. AO justified in disallowing the claim of Interest income on the basis of concept of mutuality of Rs. 2,91,155/- under section 80P

DEHRADYB DUGDH UTPADAK SAHKARI SANGH LTD.,DEHRADUN vs. ACIT, DEHRADUN

The appeal of the Assessee is allowed and the appeal of the Revenue is dismissed

Bench: Shri S.V. Mehrotra & Ms. Suchitra Kamblei.T.A .No.-2926/Del/2010 (Assessment Year-2005-06)

80P(2) (c)(ii) of the I.T Act, 1961 after having entertained it for his adjudication. 5. That on the facts and circumstances of the appellant’s case the Ld. Assessing Officer has erred in rejecting the claim of the appellant for set-off of his business losses and un- absorbed deprecation of earlier years against his aggregate income

ACIT, DEHRADUN vs. M/S DEHRADUN DUGDH UTPADAK SAHKARI SANGH LTD., DEHRADUN

The appeal of the Assessee is allowed and the appeal of the Revenue is dismissed

Bench: Shri S.V. Mehrotra & Ms. Suchitra Kamblei.T.A .No.-2926/Del/2010 (Assessment Year-2005-06)

80P(2) (c)(ii) of the I.T Act, 1961 after having entertained it for his adjudication. 5. That on the facts and circumstances of the appellant’s case the Ld. Assessing Officer has erred in rejecting the claim of the appellant for set-off of his business losses and un- absorbed deprecation of earlier years against his aggregate income

GALLERIA CONDOMINIUM ASSOCIATION,GURGAON vs. INCOME TAX OFFICER, WARD-1(3), GURGAON, GURGAON

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri Chandra Mohan Garg[Assessment Year : 2014-15] Galleria Condominium Vs Ito, Association, Galleria Building, Ward-1(3), Dlf Phase Iv, Dlf City, Gurgaon. Gurgaon, Haryana-122002. Pan-Aaaag3018P Appellant Respondent Appellant By Shri Rishabh Aggarwal, Ca & Ms. Jaishree, Ca Respondent By Shri Mithalesh Kumar Pandey, Sr. Dr Date Of Hearing 13.09.2022 Date Of Pronouncement 19.09.2022

reassessment proceedings are liable to be quashed. 3. Whether the Ld. AO is not justified in disallowing the claim of Interest income on the basis of concept of mutuality of Rs. 41,69,909/- under section 80P(2

M/S. THE RAMA CO-OP L/C SOCIETY LTD.,SONEPAT vs. ACIT, SONEPAT

In the result, assessee’s appeals are allowed

Bench: Shri S.V. Mehrotra : & Ms. Suchitra Kamble :

reassessment has been completed without supplying the copy of reasons recorded for issue of notice U/S 148. 2. That the learned Commissioner of Income Tax (Appeals) has erred both in law and on facts in upholding the order of assessment framed u/s 144 of the Act. 3. That the learned Commissioner of Income Tax (Appeals) has further erred both

PUNJAB NATIONAL BANK,NEW DELHI vs. ADDL. CIT, NEW DELHI

In the result, the appeal of the revenue is dismissed and the appeal of the assessee is allowed

Bench: Sh. Bhavnesh Sainidr. B. R. R. Kumarita No. 2954/Del/2012 : Asstt. Year : 2013-14 Dcit, Vs M/S Punjab National Bank, Circle-20(1), Ho: Finance Division, 5, Sansad New Delhi Marg, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp0165G

section 14A of the Income Tax Act read with rule 8D and has disallowed a sum of Rs.2,86,69,45,381/-on a tax free income of Rs. 143,35,22,679/- from dividend and other tax-free income. In this connection we wish to submit as under:- 4.1 Bank has claimed the following income as exempt from

DCIT, NEW DELHI vs. M/S. PUNJAB NATIONAL BANK, NEW DELHI

In the result, the appeal of the revenue is dismissed and the appeal of the assessee is allowed

Bench: Sh. Bhavnesh Sainidr. B. R. R. Kumarita No. 2954/Del/2012 : Asstt. Year : 2013-14 Dcit, Vs M/S Punjab National Bank, Circle-20(1), Ho: Finance Division, 5, Sansad New Delhi Marg, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp0165G

section 14A of the Income Tax Act read with rule 8D and has disallowed a sum of Rs.2,86,69,45,381/-on a tax free income of Rs. 143,35,22,679/- from dividend and other tax-free income. In this connection we wish to submit as under:- 4.1 Bank has claimed the following income as exempt from