14/(2015) 229 (Punjab & Haryana) (iii) CIT v. Banwari Lal Banshidhar

73 Taxmann.com 100High Court2016#4225 most cited

What is 14/(2015) 229 (Punjab & Haryana) (iii) CIT v. Banwari Lal Banshidhar authority for?

Once books of account are rejected, additions should not be made on a line-by-line basis. If the Assessing Officer rejects the books, they must either disallow all sundry creditors or allow only those for which genuineness can be proven.

28

judgments rely on this decision, according to BharatTax’s citation analysis of 366,418 Indian tax judgments — from 2022 to 2024.

Also referred to as

CIT v. Banwari Lal Banshidhar · rejection of books of account · section 145(1) · section 145(3) · sundry creditors · creditworthiness of the creditor · best judgment assessment · line by line addition · trade creditors · on-money

Issues it is cited on

trade creditorssection 145(1)section 158bcrejection of books of accountbest judgment assessmentsection 44asundry creditorssection 44adsection 145creditworthiness of the creditorsection 145(3)on-money

Judgments citing 14/(2015) 229 (Punjab & Haryana) (iii) CIT v. Banwari Lal Banshidhar

7 Star Dreams, Surat vs. Pr. Commissioner of Income Tax - 1, Surat

In the result, appeal filed by the assessee is allowed

ITA 95/SRT/2022[2017-18]Status: DisposedITAT Surat30 Mar 2023AY 2017-18

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.95/Srt/2022 "नधा"रण वष"/Assessment Year: (2017-18) (Physical Hearing) 7 Star Dreams, Vs. The Pcit-1, Surat. Block No.26, F.P. No.26, T.P.S. No. 66, Nr. Sweet Home Kosad, Surat – 394107. (Appellant) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aabfz2575L

Section 144Section 263Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JM & DR. A. L. SAINI, AM आयकर अपील सं./ITA No.95/SRT/2022 "नधा"रण वष"/Assessment Year: (2017-18) (Physical Hearing) 7 Star Dreams, Vs. The PCIT-1, Surat. Block No.26, F.P. No.26, T.P.S. No. 66, Nr. Sweet Home Kosad, Surat – 394107. (Appellant) (Respondent) "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AABFZ2575L Appellant by Shri Sapnesh Sheth, CA Respondent by Shri Ashok B. Koli, CIT(DR) 16/03/2023 Date of Hearing Date of Pronouncement 30/03/2023 आदेश / O R D E R PER DR. A. L. SAINI, AM: By way of this appeal, the assessee has challenged t…

M/S. Mega Aims, Bharuch vs. ITO, Ward-1(3), Bharuch

In the result, appeals filed by the Revenue (ITA Nos

ITA 751/SRT/2018[2014-15]Status: DisposedITAT Surat30 Mar 2023AY 2014-15

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.722 To 723/Srt/2018 Assessment Years: (2013-14 To 2014-15) (Physical Hearing) The Dcit, Circle-1, Vs. M/S. Mega Aims, Bharuch. B-1, Gokuldham Complex, Dahej By – Pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaqfm1615F (Appellant) (Respondent) आयकर अपील सं./Ita Nos.750 To 751/Srt/2018 Assessment Years: (2013-14 To 2014-15) M/S. Mega Aims, Vs. The Acit, Circle-1, B-1, Gokuldham Complex, Dahej By – Bharuch. Pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaqfm1615F (Appellant) (Respondent) Shri Ashish Pophare, Cit(Dr) Appellant By Respondent By Shri P. M. Jagasheth, Ca Date Of Hearing 23/02/2023 Date Of Pronouncement 30/03/2023

Section 142(1)Section 143(2)Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JM & DR. A. L. SAINI, AM आयकर अपील सं./ITA Nos.722 to 723/SRT/2018 Assessment Years: (2013-14 to 2014-15) (Physical Hearing) The DCIT, Circle-1, Vs. M/s. Mega Aims, Bharuch. B-1, Gokuldham Complex, Dahej By – pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAQFM1615F (Appellant) (Respondent) आयकर अपील सं./ITA Nos.750 to 751/SRT/2018 Assessment Years: (2013-14 to 2014-15) M/s. Mega Aims, Vs. The ACIT, Circle-1, B-1, Gokuldham Complex, Dahej By – Bharuch. pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAQFM1615F (App…

M/S. Mega Aims, Bharuch vs. ACIT, Circle-1, Bharuch

In the result, appeals filed by the Revenue (ITA Nos

ITA 750/SRT/2018[2013-14]Status: DisposedITAT Surat30 Mar 2023AY 2013-14

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.722 To 723/Srt/2018 Assessment Years: (2013-14 To 2014-15) (Physical Hearing) The Dcit, Circle-1, Vs. M/S. Mega Aims, Bharuch. B-1, Gokuldham Complex, Dahej By – Pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaqfm1615F (Appellant) (Respondent) आयकर अपील सं./Ita Nos.750 To 751/Srt/2018 Assessment Years: (2013-14 To 2014-15) M/S. Mega Aims, Vs. The Acit, Circle-1, B-1, Gokuldham Complex, Dahej By – Bharuch. Pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaqfm1615F (Appellant) (Respondent) Shri Ashish Pophare, Cit(Dr) Appellant By Respondent By Shri P. M. Jagasheth, Ca Date Of Hearing 23/02/2023 Date Of Pronouncement 30/03/2023

Section 142(1)Section 143(2)Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JM & DR. A. L. SAINI, AM आयकर अपील सं./ITA Nos.722 to 723/SRT/2018 Assessment Years: (2013-14 to 2014-15) (Physical Hearing) The DCIT, Circle-1, Vs. M/s. Mega Aims, Bharuch. B-1, Gokuldham Complex, Dahej By – pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAQFM1615F (Appellant) (Respondent) आयकर अपील सं./ITA Nos.750 to 751/SRT/2018 Assessment Years: (2013-14 to 2014-15) M/s. Mega Aims, Vs. The ACIT, Circle-1, B-1, Gokuldham Complex, Dahej By – Bharuch. pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAQFM1615F (App…

Deputy Commissioner of Income Tax, Bharuch Circle-1, Bharuch vs. M/S. Mega Aims, Bharuch

In the result, appeals filed by the Revenue (ITA Nos

ITA 723/SRT/2018[2014-15]Status: DisposedITAT Surat30 Mar 2023AY 2014-15

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.722 To 723/Srt/2018 Assessment Years: (2013-14 To 2014-15) (Physical Hearing) The Dcit, Circle-1, Vs. M/S. Mega Aims, Bharuch. B-1, Gokuldham Complex, Dahej By – Pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaqfm1615F (Appellant) (Respondent) आयकर अपील सं./Ita Nos.750 To 751/Srt/2018 Assessment Years: (2013-14 To 2014-15) M/S. Mega Aims, Vs. The Acit, Circle-1, B-1, Gokuldham Complex, Dahej By – Bharuch. Pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaqfm1615F (Appellant) (Respondent) Shri Ashish Pophare, Cit(Dr) Appellant By Respondent By Shri P. M. Jagasheth, Ca Date Of Hearing 23/02/2023 Date Of Pronouncement 30/03/2023

Section 142(1)Section 143(2)Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JM & DR. A. L. SAINI, AM आयकर अपील सं./ITA Nos.722 to 723/SRT/2018 Assessment Years: (2013-14 to 2014-15) (Physical Hearing) The DCIT, Circle-1, Vs. M/s. Mega Aims, Bharuch. B-1, Gokuldham Complex, Dahej By – pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAQFM1615F (Appellant) (Respondent) आयकर अपील सं./ITA Nos.750 to 751/SRT/2018 Assessment Years: (2013-14 to 2014-15) M/s. Mega Aims, Vs. The ACIT, Circle-1, B-1, Gokuldham Complex, Dahej By – Bharuch. pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAQFM1615F (App…

Deputy Commissioner of Income Tax, Bharuch Circle-1, Bharuch vs. M/S. Mega Aims, Bharuch

In the result, appeals filed by the Revenue (ITA Nos

ITA 722/SRT/2018[2013-14]Status: DisposedITAT Surat30 Mar 2023AY 2013-14

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.722 To 723/Srt/2018 Assessment Years: (2013-14 To 2014-15) (Physical Hearing) The Dcit, Circle-1, Vs. M/S. Mega Aims, Bharuch. B-1, Gokuldham Complex, Dahej By – Pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaqfm1615F (Appellant) (Respondent) आयकर अपील सं./Ita Nos.750 To 751/Srt/2018 Assessment Years: (2013-14 To 2014-15) M/S. Mega Aims, Vs. The Acit, Circle-1, B-1, Gokuldham Complex, Dahej By – Bharuch. Pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaqfm1615F (Appellant) (Respondent) Shri Ashish Pophare, Cit(Dr) Appellant By Respondent By Shri P. M. Jagasheth, Ca Date Of Hearing 23/02/2023 Date Of Pronouncement 30/03/2023

Section 142(1)Section 143(2)Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JM & DR. A. L. SAINI, AM आयकर अपील सं./ITA Nos.722 to 723/SRT/2018 Assessment Years: (2013-14 to 2014-15) (Physical Hearing) The DCIT, Circle-1, Vs. M/s. Mega Aims, Bharuch. B-1, Gokuldham Complex, Dahej By – pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAQFM1615F (Appellant) (Respondent) आयकर अपील सं./ITA Nos.750 to 751/SRT/2018 Assessment Years: (2013-14 to 2014-15) M/s. Mega Aims, Vs. The ACIT, Circle-1, B-1, Gokuldham Complex, Dahej By – Bharuch. pass Road, Bharuch. "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAQFM1615F (App…

Smt. Lizy George, Bangalore vs. Assistant Commissioner of Income Tax, Circle- 7(1), Bangalore

In the result, the appeal of the assessee is partly allowed

ITA 398/BANG/2020[2005-06]Status: DisposedITAT Bangalore28 Oct 2022AY 2005-06

Bench: Smt. Beena Pillai & Shri Laxmi Prasad Sahuassessment Year : 2005-06

For Appellant: Shri V Ravishankar, AdvocateFor Respondent: Shri Sankar Ganesh K, JCIT (DR)
Section 133ASection 142(1)Section 143(2)Section 145(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL “A’’ BENCH: BANGALORE BEFORE SMT. BEENA PILLAI, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER Assessment Year : 2005-06 Smt. Lizy George, The Asst. Commissioner of Rep. by LR Shri Anoop Income-tax, Chemmanur, Circle-7(1), Chemmanur Jewellers, Bengaluru. Chemmanur Enclave, Vs. Marathahalli, Bengaluru. PAN – ADAPG 3712 A APPELLANT RESPONDENT Appellant by : Shri V Ravishankar, Advocate Respondent by : Shri Sankar Ganesh K, JCIT (DR) Date of Hearing : 29.09.2022 Date of Pronouncement : 26.10.2022 O R D E R PER LAXMI PRASAD SAHU, ACCOUNTANT MEMBER: This app…

Shri Vimal Chandubhai Patel, Karamsad vs. The ITO, Ward-2, Anand

In the result, the appeal of the assessee is partly allowed

ITA 1857/AHD/2019[2008-09]Status: DisposedITAT Ahmedabad17 Jun 2022AY 2008-09

Bench: Dr. Arjun Lal Saini & T.R. Senthil Kumarassessment Year:2008-09 Vimal Chandubhai Patel, The Ito, Ward-2, Limdi Pole, Laljinikhadki, New Vs Ahmedabad. Houses, Karamsad-388325. Pan :Aktpp 9776 F (Appellant) (Responent) Assessee By : Shri Sakar Sharma, Ar Revenue By : Shri R. R. Makwana, Sr. Dr सुनवाईक"तार"ख/Date Of Hearing : 18/04/2022 घोषणाक"तार"ख/Date Of Pronouncement: 17/06/2022 आदेश/O R D E R

For Appellant: Shri Sakar Sharma, ARFor Respondent: Shri R. R. Makwana, Sr. DR
Section 144Section 145(3)Section 40

…आयकरअपील"यअ"धकरण, अहमदाबाद"यायपीठ। IN THE INCOME TAX APPELLATE TRIBUNAL, “SMC” BENCH, AHMEDABAD ] ] BEFORE DR. ARJUN LAL SAINI, ACCOUNTANT MEMBER AND T.R. SENTHIL KUMAR, JUDICIAL MEMBER Assessment Year:2008-09 Vimal Chandubhai Patel, The ITO, Ward-2, Limdi Pole, LaljiniKhadki, New Vs Ahmedabad. Houses, Karamsad-388325. PAN :AKTPP 9776 F (Appellant) (Responent) Assessee by : Shri Sakar Sharma, AR Revenue by : Shri R. R. Makwana, Sr. DR सुनवाईक"तार"ख/Date of Hearing : 18/04/2022 घोषणाक"तार"ख/Date of Pronouncement: 17/06/2022 आदेश/O R D E R PERDr. ARJUN LAL SAINI, ACCOUNTANT MEMBER Captioned appeal filed by the Ass…

Garlapati Jagan Mohana Rao, Machilipatnam vs. Deputy Commissioner of Income Tax, Circle-2(1), Vijayawada

In the result, appeal of the assessee is allowed

ITA 235/VIZ/2021[2014-15]Status: DisposedITAT Visakhapatnam26 May 2022AY 2014-15

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अऩीऱ सं./ I.T.A. No.235/Viz/2021 (ननधधारण वषा / Assessment Year :2014-15) Sri Garlapati Jagan Mohana Rao, Vs. Dcit, Machilipatnam-521001. Circle-2(1), Pan:Armpg 1332 L Vijayawada. (अऩीऱधथी/ Appellant) (प्रत्यथी/ Respondent) अऩीऱधथी की ओर से/ Appellant By : Sri Mv Prasad प्रत्यधथी की ओर से / Respondent By : Sri Mn Murthy Naik, Cit-Dr सुनवधई की तधरीख / Date Of Hearing : 10/05/2022 घोषणध की तधरीख/Date Of : 30/05/2022 Pronouncement O R D E R Per S. Balakrishnan:

For Appellant: Sri MV PrasadFor Respondent: Sri MN Murthy Naik, CIT-DR
Section 132(4)Section 143(2)Section 143(3)Section 153ASection 44A

…आयकर अपीऱीयअधिकरण, विशाखापटणम पीठ, विशाखापटणम IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM श्री दुव्िूरु आर एऱ रेड्डी, न्याययक सदस्य एिं श्री एस बाऱाकृष्णन, ऱेखा सदस्य के समक्ष BEFORE SHRI DUVVURU RL REDDY, HON’BLE JUDICIAL MEMBER & SHRI S BALAKRISHNAN, HON’BLE ACCOUNTANT MEMBER आयकर अऩीऱ सं./ I.T.A. No.235/Viz/2021 (ननधधारण वषा / Assessment Year :2014-15) Sri Garlapati Jagan Mohana Rao, Vs. DCIT, Machilipatnam-521001. Circle-2(1), PAN:ARMPG 1332 L Vijayawada. (अऩीऱधथी/ Appellant) (प्रत्यथी/ Respondent) अऩीऱधथी की ओर से/ Appellant by : Sri MV Prasad प्रत्यधथी की ओर से / Respondent by…