ITAT Allahabad Judgments — December 2022

ABDULLAH KHAN,BHADOHI vs CIT(A), VARANASI

ITA 23/ALLD/2022[2011-12]Status: Disposed20 Dec 2022AY 2011-12

ABDULLAH KHAN,BHADOHI vs CIT (A), VARANASI

ITA 22/ALLD/2022[2008-09]Status: Disposed20 Dec 2022AY 2008-09Allowed

The Tribunal condoned the delay in filing the appeals, citing the Supreme Court's directions regarding limitation periods during the COVID-19 pandemic. The Tribunal also noted that the assessee had provided documentary evidence for the purchase of the Godown and its source of funds.

M/S. GOVIND STONE PRIVATE LIMITED,HAMIRPUR vs INCOME TAX OFFICER -5(4), BANDA

ITA 258/ALLD/2018[2013-14]Status: Disposed19 Dec 2022AY 2013-14Remanded

The Tribunal held that the AO's assessment was not based on proper investigation and was prejudicial to the revenue. It noted that the AO did not interrogate the individuals behind the companies involved in the share transactions.

INCOME TAX OFFICER WARD-2(2), ALLAHABAD vs MONAD INFRASOLUTION LIMITED, ALLAHABAD

ITA 62/ALLD/2020[2015-16]Status: Disposed19 Dec 2022AY 2015-16Remanded

The Tribunal held that the CIT(A) erred in deleting the additions without giving the AO an opportunity to examine the evidence produced by the assessee for the first time during appellate proceedings. This violated the principles of natural justice.

M/S H. K. INFRAVENTURE PVT. LTD,VARANSI vs JOINT. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VARANSI

ITA 46/ALLD/2019[2012-13]Status: Disposed12 Dec 2022AY 2012-13Dismissed

The Tribunal upheld the penalty imposed under Section 271D, agreeing with the lower authorities that accepting cash loans in contravention of Section 269SS is not excused by the fact that the director deposited the cash or that the funds were used for company purposes. Ignorance of the law was also not accepted as a valid defense.