M/S KWALITY CAFE & RESTAURANT P LTD. vs. COMMISSIONER OF INCOME TAX AND ANR.

Appeal is dismissed

Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA

term capital gains for surrender of goodwill of ‘Kwality’ trade mark and Rs.45 Lakhs towards termination of ice-cream manufacturing under the brand name of ‘Kwality’ treated as capital receipt not liable to tax. The Assessing Officer was of the view that AJAY PRASHER 2023.05.05 15:04 I attest to the accuracy and integrity of this document

INDERPAL SINGH AHUJA vs. THE ASSESSING OFFICER-CUM-A.C.I.T. ORS

Bench: MR. JUSTICE AMARINDER SINGH GREWAL,MR. JUSTICE JAGMOHAN BANSAL

short ‘ITAT’) for Assessment Year 2002-03. DEEPAK BISSYAN 2026.02.24 14:18 I attest to the accuracy and integrity of this document ITA-338-2006 and ITA-117-2009 -2- 3. The appellant was owner of a piece of land situated in Village Hair, District Amritsar, Punjab. He vide seven registered sale deeds sold his land

M/S VIJAY KUMAR GARG CONTRACTORS vs. COMMISSIONER OF INCOME TAX

Appeal is allowed

Bench: MR. JUSTICE SANJEEV PRAKASH SHARMA,MR. JUSTICE SANJAY VASHISTH

short, ased on the gross profit rate b there was no occasion to observe ment year was required to be foll Learned counsel appearing on nts out that the ITAT has examin tial question of law required to b We have considered the subm servations, which are as under: “8.3 Besides, we have a claimed to have shown

PR COMMISSIONER OF INCOME TAX-2 CHANDIGARH vs. M/S SMITHKLINE BEECHAM CONSUMER HEALTHCARE LTD

Bench: MR. JUSTICE AMARINDER SINGH GREWAL,MR. JUSTICE JAGMOHAN BANSAL

short ‘ITAT’). 2. The appellant has raised following questions for adjudication by this Court:- (i) Whether, on the facts and in the circumstances of the case and in law, the Hon'ble ITAT is right in deleting the addition of Rs. 4.5 cr. made on account of treating the compensation received by the assessee on account of termination of trademark

M/S ROCKMAN CYCLES INDS. LTD. vs. COMMR. OF INCOME TAX, LDH. AND ANR.

The appeals are allowed and impugned orders are

Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA

short 'Act 1961') challenging order dated 03.02.2005 (A/Y 96-97 in ITA No. 244-2005), order dated 31.01.2005 (A/Y 98-99 in ITA No. 281-2005), order dated 28.12.2004 (A/Y 96-97 in ITA No. 283-2005), order dated 28.12.2004 (A/Y 97-98 in ITA No. 282-2005) & order dated 08.09.2005 (A/Y 1999-2000 in ITA No. 630-2005) whereby

CIT-I CHANDIGARH vs. M/S PB.INFO&COMM. TECH. CORP. LTD. CHD.

The appeals are dismissed

Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA

short “CIT (A)”) who vide order dated 09.11.2006, allowed the appeal of the assessee and deleted the disallowances so made. It was now the turn of the revenue to feel aggrieved by the order of CIT (A) who filed appeal before the Tribunal challenging the deletion of disallowances/additions made by the assessing officer. The revenue, however, remained unsuccessful before