CIT v. Indrajeet Singh Suri

The A C I T Central-II, Bhopal vs. S V Infra Developers, Bhopal

In the result both the appeals of the Revenue are dismissed

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad

…125 ITR 713 (SC) has held that adverse inference cannot be drawn against the assessee from the statement of third parties. Similarly, Ld. AR of the assessee has relied upon the decision of Hon'ble High Court in the case of CIT VIs. Indrajit Singh Suri (2013) 33 Taxmann 281 (Guj.) that where additions were made on the basis of statements of persons who were not allowed to be cross examined by the appellant, additions were not sustainable. It is a serious flaw on principles of natural justice which renders the order a nullity. It is also very important to notice that the AO has overlooked statement of two persons…

The ACIT (Central), Ujjain vs. M/S. Vyanktesh Plastics & Packaging (P) Ltd., Ujjain

Bench: Justice P.P. Bhatt, Hon'Ble & Hon'Ble Manish Boradvirtual Hearing Assessment Year: 2016-17 M/S. Ariba Foods Pvt. Acit (Central), Vs. Ltd, 101, Gold Star Building, Ujjain Opp. Treasure Island, 5767 M.G. Road, Indore (Revenue ) (Appellant) Pan No.Aalca7223M Assessment Year: 2015-16 M/S. Vyanktesh Plastics Acit (Central), Vs. & Packaging Pvt. Ltd, 75/7-B, Industrial Area, Ujjain Maxi Road, Ujjain (Revenue ) (Appellant) Pan No.Aaacv6547J Assessment Year: 2011-12

…आयकर अपील"य अ"धकरण, इंदौर "यायपीठ, इंदौर IN THE INCOME TAX APPELLATE TRIBUNAL, INDORE BENCH, INDORE BEFORE JUSTICE P.P. BHATT, HON'BLE PRESIDENT AND HON'BLE MANISH BORAD, ACCOUNTANT MEMBER VIRTUAL HEARING Assessment Year: 2016-17 M/s. Ariba Foods Pvt. ACIT (Central), Vs. Ltd, 101, Gold star Building, Ujjain Opp. Treasure Island, 5767 M.G. Road, Indore (Revenue ) (Appellant) PAN No.AALCA7223M Assessment Year: 2015-16 M/s. Vyanktesh Plastics ACIT (Central), Vs. and Packaging Pvt. Ltd, 75/7-B, Industrial Area, Ujjain Maxi Road, Ujjain (Revenue ) (Appellant) PAN No.AAACV6547J Assessment Year: 2011-12 M/s. Famous…

ACIT (Central), Ujjain vs. M/S. Ariba Foods (P) Ltd., Indore

Bench: Justice P.P. Bhatt, Hon'Ble & Hon'Ble Manish Boradvirtual Hearing Assessment Year: 2016-17 M/S. Ariba Foods Pvt. Acit (Central), Vs. Ltd, 101, Gold Star Building, Ujjain Opp. Treasure Island, 5767 M.G. Road, Indore (Revenue ) (Appellant) Pan No.Aalca7223M Assessment Year: 2015-16 M/S. Vyanktesh Plastics Acit (Central), Vs. & Packaging Pvt. Ltd, 75/7-B, Industrial Area, Ujjain Maxi Road, Ujjain (Revenue ) (Appellant) Pan No.Aaacv6547J Assessment Year: 2011-12

…आयकर अपील"य अ"धकरण, इंदौर "यायपीठ, इंदौर IN THE INCOME TAX APPELLATE TRIBUNAL, INDORE BENCH, INDORE BEFORE JUSTICE P.P. BHATT, HON'BLE PRESIDENT AND HON'BLE MANISH BORAD, ACCOUNTANT MEMBER VIRTUAL HEARING Assessment Year: 2016-17 M/s. Ariba Foods Pvt. ACIT (Central), Vs. Ltd, 101, Gold star Building, Ujjain Opp. Treasure Island, 5767 M.G. Road, Indore (Revenue ) (Appellant) PAN No.AALCA7223M Assessment Year: 2015-16 M/s. Vyanktesh Plastics ACIT (Central), Vs. and Packaging Pvt. Ltd, 75/7-B, Industrial Area, Ujjain Maxi Road, Ujjain (Revenue ) (Appellant) PAN No.AAACV6547J Assessment Year: 2011-12 M/s. Famous…

The ACIT (Central), Ujjain vs. M/S. Famous Vanijya (P) Ltd., Ujjain

Bench: Justice P.P. Bhatt, Hon'Ble & Hon'Ble Manish Boradvirtual Hearing Assessment Year: 2016-17 M/S. Ariba Foods Pvt. Acit (Central), Vs. Ltd, 101, Gold Star Building, Ujjain Opp. Treasure Island, 5767 M.G. Road, Indore (Revenue ) (Appellant) Pan No.Aalca7223M Assessment Year: 2015-16 M/S. Vyanktesh Plastics Acit (Central), Vs. & Packaging Pvt. Ltd, 75/7-B, Industrial Area, Ujjain Maxi Road, Ujjain (Revenue ) (Appellant) Pan No.Aaacv6547J Assessment Year: 2011-12

…आयकर अपील"य अ"धकरण, इंदौर "यायपीठ, इंदौर IN THE INCOME TAX APPELLATE TRIBUNAL, INDORE BENCH, INDORE BEFORE JUSTICE P.P. BHATT, HON'BLE PRESIDENT AND HON'BLE MANISH BORAD, ACCOUNTANT MEMBER VIRTUAL HEARING Assessment Year: 2016-17 M/s. Ariba Foods Pvt. ACIT (Central), Vs. Ltd, 101, Gold star Building, Ujjain Opp. Treasure Island, 5767 M.G. Road, Indore (Revenue ) (Appellant) PAN No.AALCA7223M Assessment Year: 2015-16 M/s. Vyanktesh Plastics ACIT (Central), Vs. and Packaging Pvt. Ltd, 75/7-B, Industrial Area, Ujjain Maxi Road, Ujjain (Revenue ) (Appellant) PAN No.AAACV6547J Assessment Year: 2011-12 M/s. Famous…