PR COMMISSIONER OF INCOME TAX vs. THE KANGRA CENTRAL COOPERATIVE BANK LTD

The appeals are dismissed

Bench: HON'BLE MRS. JUSTICE SABINA,HON'BLE MR. JUSTICE SUSHIL KUKREJA

2 has been added subsequently by the Finance Act of 1989 but with retrospective effect from 11 April 1, 1984. In these References and appeals we are concerned with the application of Section 43B as it stood before the provisos were added. xxx xxx xxx In the case of Goodyear India Ltd. v. State of Haryana

PR COMMISSIONER OF INCOME TAX vs. THE KANGRA CENTRAL COOPERATIVE BANK LTD

The appeals are dismissed

Bench: HON'BLE MRS. JUSTICE SABINA,HON'BLE MR. JUSTICE SUSHIL KUKREJA

2 has been added subsequently by the Finance Act of 1989 but with retrospective effect from 11 April 1, 1984. In these References and appeals we are concerned with the application of Section 43B as it stood before the provisos were added. xxx xxx xxx In the case of Goodyear India Ltd. v. State of Haryana

PRINCIPAL COMMISSIONER OF INCOME TAX vs. M/S SURYA TEXTECH THROUGH ITS PARTNERS

Bench: Hon’Ble Mr. Justice Tarlok Singh Chauhan & Hon’Ble Ms. Justice Jyotsna Rewal Dua Income Tax Appeal No.18 Of 2021 Between:- Pr. Commissioner Of Income Tax-1, Aaykar Bhawan, Sector 17-E, Chandigarh. ..….Appellant. (By Sh. Vinay Kuthiala, Senior Advocate With Sh. Diwan Singh Negi, Advocate) & M/S Surya Textech, Vill-Rampur Jattan, P.O. Kala Amb, Nahan, Distt. Sirmour, (H.P) Through Its Partners Sh. Vikas Kansal. ......Respondent. This Appeal Coming On For Admission Before Notice This Day, Hon’Ble Mr. Justice Tarlok Singh Chauhan, Delivered The Following:- J U D G M E N T By Way Of Instant Appeal, The Appellant- Department Seeks To Assail The Order Dated 28.05.2020

disallowing deduction under Section 80IC to the extent of income of Rs. 6,44,538/-. 3. The assessee assailed the above noted assessment order before CIT(A) Shimla by way of Appeal No. IT/204/18-19/Sml. The appeal of assessee was allowed vide order dated 28.06.2019. 4. The Appellant-Department assailed the order of CIT(A), Shimla, before the ITAT, Chandigarh

H.P.STATE CIVIL SUPPLIES CORPORATION vs. ASSTT.COMMISSIONER OF INCOME TAX

Bench: HON'BLE MR. JUSTICE TARLOK SINGH CHAUHAN,HON'BLE MR. JUSTICE SATYEN VAIDYA

2. The relevant assessment years are 2002-03, 2003-04, 2004-05, 2005-06 and 2007-08. 3. For brevity the facts of the case involving assessment year 2002-03 are being considered herein. 4. By way of instant appeal under Section 260-A of Income Tax Act, 1961, (for short, ‘the Act’), the assessee has assailed order dated

PRINCIPAL COMMISSIONER OF INCOME TAX vs. M/S HYCRON ELECTRONICS THROUGH ITS PROPRIETOR

Bench: Hon’Ble Mr. Justice Tarlok Singh Chauhan & Hon’Ble Mr. Justice Satyen Vaidya.

Section 14A of the Act. It was accordingly opined that interest to the tune of Rs. 15,91,976/- was liable to be disallowed and such omission has resulted in under assessment of Rs. 5,69,930/- (Rs. 15,91,976 - Rs.10,22,046/-). An order u/s 154 of the Act was accordingly passed by A.O on 18.08.2017 whereby addition