THE DCIT-3(1), INDORE vs. M/S. M.P. ENTERTAINMENT & DEVELOPERS PVT. LTD., INDORE

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

house property'. As such, the assessee's income from house property is hereby determined as under – ITA Nos.117,118&344/Ind/2017

THE DCIT-3(1), INDORE vs. M/S. M.P. ENTERTAINMENT & DEVELOPERS PVT. LTD., INDORE

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

house property'. As such, the assessee's income from house property is hereby determined as under – ITA Nos.117,118&344/Ind/2017

MS. SANGEETA CHOPRA,UJJAIN vs. THE PR. CIT. UJJAIN, UJJAIN

In the result, the appeal filed by the assessee is allowed

Bench: Shri Manish Borad& Ms. Madhumita Roy

house property for the purpose of Section 54 has the same meaning as the concept of house property under Section

SRK DEV BUILD PVT LTD.,INDORE vs. DCIT/ACIT 5(1), INDORE

Appeal is allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year: 2016-17 Srk Dev Build Pvt. Ltd, Dcit/Acit-5(1) 18/2, Lasudia Mori, Indore बनाम/ A.B. Road, Vs. Indore (Assessee/Appellant) (Revenue/Respondent) Pan: Aaqcs3387P Assessee By Shri Pranay Goyal & S.N. Goyal, Cas Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 15.04.2024 Date Of Pronouncement 20.06.2024

property, can be treated as income from house property, therefore, the deduction/ depreciation/interest expenses claimed as business expenses being incidental

SHASHI PRABHA SINGHANIA,NEEMUCH vs. INCOME-TAX OFFICER NEEMUCH, NEEMUCH

Appeal of the assessee is allowed for statistical purpose

House Property only.\nThus the assessee claim of loss of set off of House property\nrequires to be reworked as under

THE ACIT, 4(1), INDORE vs. SHRI SANJAY LUNAWAT, INDORE

Bench: Shri Rajpal Yadav, Vice- & Shri Manish Boradvirtual Hearing Assessment Year 2010-11

House Property’ is summarized as under: S. No Description of property Cost of property Amount of interest claimed @12% which

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), INDORE., INDORE vs. MP ENTERTAINMENT AND DEVELOPERS PRIVATE LIMITED, INDORE

Appeal is dismissed being devoid of merit

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year : 2015-16 Acit, M.P. Entertainment & 1(1), Developers Private Ltd., Indore. 94-101, 4Th Floor, बनाम/ C-21 Malls, Vs. Indore (Revenue /Appellant) (Assessee /Respondent) Pan: Aaecm8668D Assessee By Shri Anil Kamal Garg, Ca Revenue By Shri Ram Kumar Yadav, Cit Dr Date Of Hearing 23.09.2024 Date Of Pronouncement 11.10.2024

house properties". It has been held so because all the properties including the right of leasing were owned by the appellant

NARMADA GINNING & PRESSING FACTORY,KHIRKIYA vs. ACIT CIRCLE-ITARSI, BHOPAL

In the result, appeal of the assessee in ITANo

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Boradassessment Year:2013-14 Narmada Ginning Acit, Circle & Pressing

house property instead of business income as shown by the appellant. 2. That the appellant craves leave to add, to urge

NEERA KOTWANI,BHOPAL vs. THE PR CIT -1, BHOPAL

In the result, this appeal of assessee is allowed

Bench: Ms. Madhumita Roy & Shri B.M. Biyani

properties, still not declared notional income taxable under “Income from house property” from properties other than self-occupied and actually

ANIL KUMAR GUPTA,BHOPAL vs. ITO, 4(3), BHOPAL, OFFICE OF ITO BHOPAL

Appeal is allowed for statistical purpose

house property situated at ‘1, Shyamla Hills, Bhopal'\nand claimed deduction of interest on housing loan at Rs.6,92,650/- against

ACIT (CENTRAL)-1, INDORE vs. SHRI SANJAY MEHTA, INDORE

In the result, appeal of the Revenue in ITANo

Bench: Shri Mahavir Prasad & Shri Manish Boradvirtual Hearing Assessment Year:2013-14 Acit (Central)-1, Shri Sanjay Mehta, बनाम/ Bhopal Indore Vs. (Appellant) (Respondent ) P.A. No.Agepm2676G Assessment Year:2014-15 Shri Sanjay Mehta, Dcit (Central)-1, बनाम/ Indore Bhopal Vs. (Appellant) (Respondent ) P.A. No.Agepm2676G Assessee By Shri Sanjay Mehta, Ca Revenue By Shri P.K. Mitra, Cit-Dr Date Of Hearing: 03.01.2022 Date Of Pronouncement: 11 .03.2022 आदेश / O R D E R

property. The alleged addition was made by the Ld. AO for the unaccounted payment made for purchase of house property

HASSANAND KHEMLANI,INDORE vs. THE PCIT-1 ,INDORE, INDORE

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

house property alongwith land pertinent thereto. Further that, the property was exchanged at Rs.7,64,60,000/-, the value adopted

KALPANA JAIN,INDORE vs. THE PR CIT-1, INDORE

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

house property alongwith land pertinent thereto. Further that, the property was exchanged at Rs.7,64,60,000/-, the value adopted

BHARAT SHAH,INDORE vs. THE ITO3(4), INDORE

In the result, Assessee’s appeal ITANo

Bench: Shri Mahavir Prasad & Shri Manish Boradvirtual Hearing Assessment Year: 2013-14

property at Rs. 4,86,250/-. On further examination it was noticed that the assessee sold two plots of land situated at Indore for consideration of Rs.87,81,000/-. Expenditure of Rs.4,86,250/- was incurred for transfer of the said plots of land. Thereafter in order to claim deduction u/s 54 of the Act assessee purchased a residential house

THE ACIT, CENTRAL-2, INDORE vs. SHRI NITESH CHUGH, INDORE

In the result, the appeals of the Revenue for the A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad(Virtual Hearing)

house property without appreciating the facts and evidences brought into light by the AO during assessment proceedings.” Grounds of appeal

THE ACIT, CENTRAL-2, INDORE vs. SHRI MOHANLAL CHUGH, INDORE

In the result, the appeals of the Revenue for the A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad(Virtual Hearing)

house property without appreciating the facts and evidences brought into light by the AO during assessment proceedings.” Grounds of appeal

THE ACIT, CENTRAL-2, INDORE vs. M/S. CHUGH REALTY, INDORE

In the result, the appeals of the Revenue for the A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad(Virtual Hearing)

house property without appreciating the facts and evidences brought into light by the AO during assessment proceedings.” Grounds of appeal

SHRI SHALIGRAM BAROD, ,INDORE vs. PR. CIT-1, INDORE

Bench: Hon'Ble Manish Borad & Hon'Ble’ Madhumita Royassessment Year:2014-15 Shri Shaligram Barod, Pr. Cit-I, Ah/29, Hig, Sukhliya Indore बनाम/ Indore Vs. (Appellant) (Respondent ) P.A. No. Ahfpp4068H Appellant By Shri S.N. Agrawal, Ca Revenue By Shri S.B. Prasad, Cit-Dr

House Property, Business income, Capital gain and Income from Other sources. In the said computation of total income, the appellant