MASCOT FOOTCARE FARIDABAD THRG ITS PARTNER GUNJAN LAKHANI vs. COMMISSIONER OF INCOME TAX FARIDABAD (HARYANA)

The appeals stand dismissed

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

disallowed as per the provisions of sec. 36 (1) (iii) of the I.T. Act. 5. Aggrieved by the order of the AO, the appellant filed appeal before the CIT (A), Faridabad and the same was allowed, vide order dated 29.11.2010 (Annexure A-7). Against the order of CIT (A), the revenue- department filed the appeal before the Tribunal

PRINCIPAL COMMISSIONER OF INCOME TAX , HISAR vs. DAKSHIN HARYANA BIJLI VITRAN NIGAM LTD.

Appeals are dismissed

Bench: MR. JUSTICE TEJINDER SINGH DHINDSA,MR. JUSTICE PANKAJ JAIN

disallowance made by A.O. w.r.t. electricity duty under Section 43B of the 1961 Act. DINESH KUMAR 2022.08.23 18:51 I attest to the accuracy and integrity of this document ITA Nos. 17, 30, 51, 33, 105, 119 and 87 of 2021 (O&M) 3 4. The matter was taken before the Income Tax Appellate Tribunal (hereinafter referred to 'Tribunal

SMITHKLINE BEECHAM CONSUMER BRANDS LTD vs. COMMISSIONER OF INCOME TAX PATIALA

5. ITR-66-1995 M/S.SMITHKLINE BEECHAM CONSUMER HEALTHCARE LTD. ...Petitioner Versus COMMISSIONER OF INCOME TAX ...Respondent 6. ITR-67-1995 M/S.SMITHKLINE BEECHAM CONSUMER HEALTHCARE LTD. ...Petitioner Versus COMMISSIONER OF INCOME TAX ...Respondent DEEPAK BISSYAN 2025.12.01 11:06 I attest to the accuracy and integrity of this document ITR-62 to 69-1995 -2- 7. ITR-68-1995 M/S.SMITHKLINE BEECHAM CONSUMER

THE PR. COMMISSIONER OF INCOME TAX-2, CHD vs. M/S AGRI KING TRACTORS AND EQUIPMENTS PVT. LTD.

The appeal stands dismissed

Bench: It Should Be Reinstated & Decided On Merits ?” Ii. Whether On The Facts & In The Circumstances Of The Case, The Ld. Itat Is Justified In Directing The Assessing Officer To Verify The Claim Of The Assessee Having Not Earned Any Exempt Income In The Year Under Consideration & Allow The Relief Accordingly, Ignoring The Legislative Intent Anuradha 2020.01.30 16:03 I Attest To The Accuracy & Integrity Of This Document

section 14A of the Income Tax Act or Rule 8D of the Income Tax Rule ?” v. Whether on the facts and in the circumstances of the case, the Ld. ITAT is justified in directing the assessing officer to verify the claim of the assessee having not earned any exempt income in the year under consideration and allow the relief accordingly

THE PR. COMMISSIONER OF INCOME TAX-2, CHANDIGARH vs. M/S TDS MANAGEMENT CONSULTANT PVT LTD

The appeal stands dismissed

Bench: It Should Be Reinstated & Decided On Merits ? (Ii) Whether On The Facts & In The Circumstances Of The Case, The Hon'Ble Itat Is Justified In Dismissing The Miscellaneous Application Of The Revenue Without Discussing The Merits Ignoring The Legislative Intent Expressed In Cbdt'S Anuradha 2020.02.12 17:37 I Attest To The Accuracy & Integrity Of This Document

section 14A of the Income Tax Act or Rule 8D of the Income Tax Rule ? (v) Whether on the facts and in the circumstances of the case, the Hon'ble ITAT is justified in dismissing the Miscellaneous application and not deciding the merits, ignoring the principal of apportionment regardless of exempt income laid down by Hon'ble Supreme Court decision

COMMISSIONER OF INCOME TAX-II, CHD vs. M/S VENUS REMEDIES LTD.

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

disallowance u/s 80IC was allowed. was right in law in accepting ning part of expenditure relating 1,93,15,643/-, Depreciation of nditure on R&D u/s 35(2) of revenue expenses on scientific 36,344/- to the Baddi Unit or ion u/s 80IC, when the assessee

INDUSTRIAL CABLES PVT. LTD. vs. COMMNR. OF INCOME TAX & ANR.

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

disallowed by Tribunal relying upon Section 37(4) of 1961 Act. Section 37(4) reads as:- “(4) Notwithstanding anything contained in sub-section (1) or sub-section (3), (i) no allowance shall be made in respect of any expenditure incurred by the assessee after the 28th day of February, 1970, on the maintenance of any residential accommodation in the nature

CHIEF COMMISSIONER OF INCOME TAX OSD LUDHIANA vs. M/S CEIGALL INDIA LTD

Bench: Cit(A). The Same Was Partly Allowed. The Addition Made By Applying Net Profit Dinesh Kumar 2022.10.16 16:54 I Attest To The Accuracy & Integrity Of This Document

5. Learned ITAT while dealing with the issue of net profit rate to be applied held as under:- “xx xx xx 20. We have considered the submissions of both the parties and perused the material available on the record. In the present case it is not in dispute that the income of the assessee was worked out by applying

STATE BANK OF PATIALA vs. COMMISSIONER OF INCOME TAX, PATIALA

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

Section 41(4) read with 36(1)(vii) with respect to recovery of bad debts which were written off in the earlier assessment years, however, deduction was never claimed; and (iii) Disallowance of DEEPAK BISSYAN 2025.12.22 10:07 I attest to the accuracy and integrity of this document ITA-200-2012 -2- unclaimed balance in Nostro-Blocked account. 3. They

STATE BANK OF PATIALA vs. COMMISSIONER OF INCOME TAX

The appeals are allowed by way of remand to Tribunal which would pass fresh

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

disallowance under Section 14A of Income Tax Act, 1961 (for short ‘1961 Act’) on the securities held in stock. This issue stands settled by this Court in “Principle CIT Vs. State of Patiala”, (2017) 391 ITR 218 (P&H). The judgment of this Court stands affirmed by Hon’ble Supreme Court in “Maxopp Investment Ltd. Vs. Commissioner of Income

PR. COMMISSIONER OF INCOME TAX-I, JALANDHAR vs. M/S MAX INDIA LTD

Appeal is hereby dismissed in limine

Bench: MR. JUSTICE GURMEET SINGH SANDHAWALIA,MS. JUSTICE HARPREET KAUR JEEWAN

section 36(1)(iii) on interest free loan given to sister concerns whereas the aassessee itself in the same year, has charged interest @ 13.5% on advances given to its another concerns M/s Pharmax Corp Ltd.? (ii) Whether on the facts of the case, Ld. ITAT has erred in law ignoring the AO’s finding that the assessee company has advanced

THE PR COMMISSIONER OF INCOME TAX-2 CHANDIGARH vs. M/S SWARAJ ENGINES LTD MOHALI

Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE AVNEESH JHINGAN

disallowed. Thereafter notice under Section 148 of the Act was issued to the assessee claiming that the benefit of Section 80-I of the Act had wrongly been extended. Ultimately the Tribunal set aside this order holding that the primary condition of Section 147 of the Act viz 'reason to believe' (as defined by a plethora of judgments

LALIT SINGLA R/O SARAI ALBEL SINGH OUTSIDE LAHORI GATE PATIALA PUNJAB vs. COMMISSIONER OF INCOME TEX PATIALA PUNJAB

The appeal stands dismissed

Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE VIVEK PURI

disallowance can be made without appreciating the chargeability of transactions to tax by way of TCS forms in accordance with Section 206CA r.w. Rule 114A substantiating the purchases made and the genuineness thereof ? 3 . A few facts necessary for adjudication of the instant appeal as narrated therein may be noticed. The assessee is in the business of retail selling

COMMISSIONER OF INCOME TAX CHANDIGARH vs. M/S IMPROVEMENT TRUST BATHINDA

The appeals are hereby dismissed

Bench: MRS. JUSTICE LISA GILL,MR. JUSTICE DEEPAK MANCHANDA

5 Lacs to : Deaf & Dumb school” for the welfare of such handicap students, vide Resolution no. 81 dated 31.10.2005. (j) Land for “vridh Ashram (Rest house for senior citizens) measuring 2038 sq. yds. in Transport Nagar (Free of cost). (l) Land for “Public Health care centre” measuring 1825 sq. yds. in Kamla Nehur vide Resolution No.23, dated 03.06.2009. (m) Construction

CIT, JALANDHAR vs. M/S MAX INDIA LTD.

Bench: MR. JUSTICE SANJEEV PRAKASH SHARMA,MR. JUSTICE JAGMOHAN BANSAL

disallowing p same was exa 2004 and to and were dele assessment y albeit on acco 2013 again h deduction vid 5. H issue for asse this Court ha assessee as no 6. I view and the of law are ac the expenditu is upheld and 7. N 8. A 16.07.2024. rajesh

THE PRINCIPAL COMMISSIONER OF INCOME TAX FARIDABAD vs. M/S PIYUSH COLONIZERS LTD.

The appeal is dismissed

Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE AVNEESH JHINGAN

disallowance of `7,70,72,993/- and addition was restricted to `1,85,92,817/-. For the addition sustained, penalty proceedings were initiated under Section 271(1)(c) of the Act and penalty of `1,26,39,400/- was imposed vide order dated 30.3.2012. The 1st Appellate Authority set aside the penalty vide order dated 31.3.2015. The appeal filed

SMITHKLINE BEECHAM CONSUMER BRANDS LTD vs. COMMISSIONER OF INCOME TAX PATIALA

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

Disallowed deduction beyond 80% of expenses relating to production of advertising material i.e. video film. 3. The parties approached Tribunal seeking reference on different issues to the High Court. The Tribunal and thereafter this Court considered few questions to be answered by this Court. 4. Learned counsel for assessee pointed out that issue with respect to DEEPAK BISSYAN

COMMISSIONER OF INCOME TAX vs. M/S MUKERIAN PAPERS LTD

Bench: MR. JUSTICE AJAY TEWARI,MRS. JUSTICE ALKA SARIN

5. For brevity, the facts are being extracted from ITA No.408 of 2006 pertaining to the assessment year 1995-96. Briefly stated, the assessee company incurred an expenditure of Rs.1.65 crore on account of public issue of equity shares accompanied with the public issue of debentures. The assessee apportioned the total expenditure of Rs.1.65 crores between equity issue and debenture