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6 results for “house property”+ Section 3clear

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Key Topics

Section 2634Section 1583House Property3Addition to Income3Exemption3Section 262Section 112Section 54F2Section 11(1)(a)

M/S PUNJAB INSTITUTE OF MEDICAL SCIENCES, GARHA ROAD , JALANDHAR vs. COMMISSIONER OF INCOME TAX JALANDHAR AND ANR

ITA/271/2014HC Punjab & Haryana04 Dec 2024

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

Section 11

property held under trust wholly for charitable or religious purposes during the previous year in which such services are so provided and shall be chargeable to income- tax notwithstanding the provisions of sub-section (1) of section 11. Explanation. For the purposes of this sub-section, the expression "value" shall be the value of any benefit or facility granted

THE COMMISSIONER OF INCOME TAX NEW DELHI vs. MANJIT SINGH BAIDWAN

ITA/59/2023HC Punjab & Haryana09 May 2024

Bench: MR. JUSTICE SANJEEV PRAKASH SHARMA,MRS. JUSTICE SUDEEPTI SHARMA

Section 54F

property in order to get the b provided other conditions were assessment year under consi amendment of section 54F by law as on date stands that the to be allowed. Accordingly, the the assessing officer with a dir relief in accordance with law.” 6. Since the findings of the I he ratio laid down by the Hon'ble he decision

2
Deduction2
Undisclosed Income2

M/S Y.S. AND CO-OWNERS vs. INCOME TAX OFFICER ETC.

ITA/20/2008HC Punjab & Haryana09 Sept 2024

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

Section 144Section 167B(2)(i)Section 2Section 26

Section 2 the purpose of assessment of property? The back drop of this appeal is hased property in their names ha and thereafter constructed godow SUP and Punjab Ware Housing from these agencies were issued -1- B AND HARYANA H ITA No. 20 of 2008 (O&M) Date of Decision : 09.09.2024 … Appellant …Respondents NJEEV PRAKASH SHARMA NJAY VASHISTH cate assisted

COMMISSIONER OF INCOME TAX vs. NAVJOT SINGH SIDHU

ITA/525/2006HC Punjab & Haryana25 Jan 2023

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

Section 132Section 142Section 158Section 260

house property; unexplained household expenses and unexplained credits in Bank A/cs etc. Aggrieved with the aforesaid order of Assessing Officer, the respondent preferred an appeal before the CIT (A)-I, Ludhiana, who vide its order dated 03.03.2003 partly allowed the appeal filed by the respondent. The CIT (A)- Ludhiana deleted the additions made on account of (i) gift from Arvinder

RANJIT SINGH GHUMAN vs. C I T

ITA/216/2007HC Punjab & Haryana17 May 2024

Bench: The Revenue Authorities That A Sum Of ` 5,00,000/- Was Still Due To Be Paid & Varinder Singh 2024.05.21 13:43 I Attest To The Accuracy & Authencity Of This Order/Judgment

Section 158

Section 158 BC (c) on 26.02.2002 by the CIT, Jalandhar and while making other VARINDER SINGH 2024.05.21 13:43 I attest to the accuracy and authencity of this order/judgment ITA No. 216 of 2007 -3- additions, ` 5,00,000/- have been added as undisclosed investment made to acquire the rights of his sister-in-law in the family property. Total

PR. COMMISSIONER OF INCOME TAX (CENTRAL) GURUGRAM vs. M/S MAHARISHI MARKANDESHWAR UNIVERSITY TRUST

ITA/41/2021HC Punjab & Haryana24 Sept 2024

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

Section 11(1)(a)Section 263

properties held for charitable purposes during the year during the year 65.73.64.136.73 22,79,04,609.17 Total Taxable Income Nil Unapplied fixed assets expenditure during the year : 42,94,59,527.56” 3. The PCIT invoking its powers under Section 263 of the Act revised the assessment order on the premise as under:- “On perusal of records as well