ASHOK KUMAR PANDEY,DHANBAD vs. PR. CIT, DHANBAD

In the result, this appeal of assessee is allowed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

iv) Sand of ₹ 2,94,500/- (v) Steel of ₹ 11,78,852/- (vi) Plumbing material of ₹ 1,61,090/- (vii) Marble & Tiles of ₹ 17,73,356/- (b) Payment made to land owner of ₹ 31,06,375/- (c) Source & Advance of ₹ 10,42,27,450/- received in lieu of allotment of flats. "That the appellant appeared before the PCIT Dhanbad

ACIT, EXEMPTION CIRCLE, RANCHI vs. M/S. R.V.S. EDUCATIONAL TRUST, JAMSHEDPUR

In the result, appeal of the revenue is dismissed

Bench: Shri George Mathan, Jm & Shri Ratnesh Nandan Sahay, Am (Through : Hybrid Mode) आयकरअपीलसं./Ita No.24/Ran/2020 (Ǔ""ȡ[""""[/ A.Y. :2016-2017) Acit, Exemption Circle, Ranchi Vs. M/S Rvs Educational Trust, C/O Binda Apartments (India) Private Limited, Siroman Nagar, Dimna Road, Mango, Jamshedpur-831012 ̾Ĉĭēıĕĸù Ĭĝń/Pan No. : Aaatr4456M (\ "Ȣ"ȡ"ȸ/Appellant) (Ĥ×""ȸ/ Respondent) ..

17-07-2003. A copy of registration certificate enclosed herewith and marked annex-1 2 2. That the assesse trust runs educational institutions in the name of the following:- (i) R.VS. College of Engineering & Technology. (ii) R.V.S. International School. (iii) R.V.S. Academy. (iv) R.V.S. Hostel. 3. That the Ld. A.O. passed assessment order

HEC LTD,FINANCE &ACCOUNTS,RANCHI vs. DCIT CIRCLE-1, RANCHI

In the result, all appeals filed by the Revenue are dismissed and all appeals filed by the Assessee are allowed

Bench: Shri S. S. Godara, J.M. & Dr.A.L.Saini, A.M.)

iv) In the revenue’s appeal in ITA No. 95/Ran/17 for the A.Y 2007-08, ground no. 2 raised by the revenue relates to (i) tax deduction at source M/s. Heavy Engineering Corporation Ltd (TDS) on sales promotion expenses & (ii) Liquidated damages, Misc. Provision and Provision for LTA 11. After hearing ld.DR for the Revenue, we note that

HEC LTD,FINANCE &ACCOUNTS,RANCHI vs. ACIT,CIR-1, RANCHI

In the result, all appeals filed by the Revenue are dismissed and all appeals filed by the Assessee are allowed

Bench: Shri S. S. Godara, J.M. & Dr.A.L.Saini, A.M.)

iv) In the revenue’s appeal in ITA No. 95/Ran/17 for the A.Y 2007-08, ground no. 2 raised by the revenue relates to (i) tax deduction at source M/s. Heavy Engineering Corporation Ltd (TDS) on sales promotion expenses & (ii) Liquidated damages, Misc. Provision and Provision for LTA 11. After hearing ld.DR for the Revenue, we note that

DCIT CIRCLE-1, RANCHI vs. M/S HEC LTD, RANCHI

In the result, all appeals filed by the Revenue are dismissed and all appeals filed by the Assessee are allowed

Bench: Shri S. S. Godara, J.M. & Dr.A.L.Saini, A.M.)

iv) In the revenue’s appeal in ITA No. 95/Ran/17 for the A.Y 2007-08, ground no. 2 raised by the revenue relates to (i) tax deduction at source M/s. Heavy Engineering Corporation Ltd (TDS) on sales promotion expenses & (ii) Liquidated damages, Misc. Provision and Provision for LTA 11. After hearing ld.DR for the Revenue, we note that

SMT. WARSHA BAGARIA,RANCHI vs. ITO,WARD-3(3), RANCHI

In the result, appeal of the assessee is allowed on legal ground

TDS was deducted only on Rs. 4,08,205/- being the interest amount. Balance was the principal amount and some bonus that the assessee was entitled for. Ld. AO was not justified in making the addition of the principal amount as income of the assessee for the year under consideration. Investment made in past has been accepted in the respective