ITAT Rajkot Judgments — June 2021

M/S SHAMJI VALJI & CO.,AMRELI vs INCOME TAX OFFICER, WARD-2, AMELI

ITA 71/RJT/2018[1995-96]Status: Disposed25 Jun 2021AY 1995-96

SHRI HIRANAND BHULCHAND RAJVANI,JETPUR vs THE ACIT-CIRCLE-1(2), RAJKOT

ITA 361/RJT/2018[2013-14]Status: Disposed25 Jun 2021AY 2013-14Dismissed

The Tribunal allowed the assessees' request to withdraw the appeals in accordance with the Vivad se Vishwas Scheme. However, it granted liberty to file Miscellaneous Applications to recall the order if any issue remained unresolved under the scheme.

M/S SHAMJI VALJI & CO.,AMRELI. vs INCOME TAX OFFICER, WARD-2, AMRELI

ITA 69/RJT/2018[1990-91]Status: Disposed25 Jun 2021AY 1990-91

PRASHANT KIRITBHAI ASHAR,RAJKOT-GUJARAT vs THE INCOME TAX OFFICER, WARD-2(2)(1), RAJKOT-GUJARAT

ITA 444/RJT/2018[2010-11]Status: Disposed25 Jun 2021AY 2010-11

PRASHANT KIRITBHAI ASHAR,RAJKOT-GUJARAT vs THE INCOME TAX OFFICER, WARD-3(1), RAJKOT-GUJARAT

ITA 91/RJT/2017[2010-11]Status: Disposed25 Jun 2021AY 2010-11

AVNI KALPESHBHAI CHHICHHIYA,JUNAGADH vs INCOME TAX OFFICER, WARD-3, JUNAGADH

ITA 27/RJT/2018[2013-14]Status: Disposed25 Jun 2021AY 2013-14

M/S SHAMJI VALJI & CO.,AMRELI. vs INCOME TAX OFFICER, WARD-2, AMRELI

ITA 70/RJT/2018[1991-92]Status: Disposed25 Jun 2021AY 1991-92

THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, RAJKOT vs SHRI BALKRISHNA R. MEHTA, RAJKOT

ITA 121/RJT/2020[2007-08]Status: Disposed22 Jun 2021AY 2007-08Partly Allowed

The Tribunal held that the addition of interest income on substantive basis in the hands of the assessee was not sustainable. It also found that the deletion of addition by the CIT(A) regarding difference in exchange rates for interest income was justified.

SHRI BALKRUSHNA RAVICHANDRA MEHTA,MUMBAI vs THE DCIT, CIRCLE-2, RAJKOT, RAJKOT

ITA 2/RJT/2021[2007-08]Status: Disposed22 Jun 2021AY 2007-08Partly Allowed

The Tribunal held that the addition of interest income on substantive basis in the hands of the assessee was not sustainable. It also found that the deletion of addition by the CIT(A) regarding difference in exchange rates for interest income was justified.

THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, RAJKOT vs SHRI BALKRISHNA R. MEHTA, RAJKOT

ITA 120/RJT/2020[2006-07]Status: Disposed22 Jun 2021AY 2006-07Partly Allowed

The Tribunal held that the addition of interest income on substantive basis in the hands of the assessee was not sustainable. It also found that the deletion of addition by the CIT(A) regarding difference in exchange rates for interest income was justified.

SHRI PRAVINBHAI RAMJIBHAI SURANI,JUNAGADH vs THE DY. COMMR. OF INCOME TAX, CEN. CIR.-2, RAJKOT-GUJARAT

ITA 298/RJT/2016[2011-12]Status: Disposed22 Jun 2021AY 2011-12Dismissed

The Tribunal allowed the assessee's request to withdraw the appeals as their cases were settled under the Vivad se Vishwas Scheme, 2020.

SHRI BALKRUSHNA RAVICHANDRA MEHTA,MUMBAI vs THE DCIT, CIRCLE-2, RAJKOT, RAJKOT

ITA 1/RJT/2021[2006-07]Status: Disposed22 Jun 2021AY 2006-07Partly Allowed

The Tribunal held that the addition of interest income on substantive basis in the hands of the assessee was not sustainable. It also found that the deletion of addition by the CIT(A) regarding difference in exchange rates for interest income was justified.

SHRI PRAVINBHAI RAMJIBHAI SURANI,JUNAGADH vs THE DY. COMMR. OF INCOME TAX, CEN. CIR.-2, RAJKOT-GUJARAT

ITA 299/RJT/2016[2012-13]Status: Disposed22 Jun 2021AY 2012-13

ISHWARBHAI BHADABHAI BAMBHROLIA, AMRELI,RAJKOT-GUJARAT vs THE INCOME TAX OFFICER, WARD-2(3), AMRELI

ITA 185/RJT/2014[2009-10]Status: Disposed16 Jun 2021AY 2009-10Dismissed

The Tribunal allowed the assessee's request to withdraw the appeal, acknowledging the approval under the Vivad se Vishwas Scheme. The appeal was dismissed as withdrawn.

SURESH JADAV NAKUM,JAMNAGAR vs THE PR. COMMR. OF INCOME TAX, JAMNAGAR

ITA 180/RJT/2016[2011-12]Status: Disposed14 Jun 2021AY 2011-12Dismissed

The Tribunal allowed the assessee's request to withdraw the appeal, noting that their application under the Vivad se Vishwas Scheme, 2020, had been approved. The appeal was dismissed as withdrawn.

MORBI PLOT JAIN TAP GACHH SANGH,MORBI vs ASSTT. COMMR. OF INCOME TAX(CPC), BANGLORE

ITA 428/RJT/2017[2014-15]Status: Disposed3 Jun 2021AY 2014-15Allowed

The Tribunal held that the trust should not be denied exemption solely due to the destruction of its records. Following the Gujarat High Court's direction, the issue was restored to the Assessing Officer for verification and allowing the exemption.