Suman Poddar v. ITO

423 ITR 480High Court2020#1365 most cited

What is Suman Poddar v. ITO authority for?

The Assessing Officer's detailed findings regarding bogus long-term capital gains from penny stock transactions, established through objective examination of facts and circumstantial evidence, should not be overturned by appellate authorities without a thorough investigation or fresh inquiry.

84

judgments rely on this decision, according to BharatTax’s citation analysis of 366,314 Indian tax judgments — from 2021 to 2026.

Also referred to as

Suman Poddar v. ITO · Section 10(38) · Section 68 · Section 133(6) · bogus long term capital gain · LTCG exemption · penny stock · price rigging · preponderance of probability · Assessing Officer investigation · appellate authority powers · Sumati Dayal · demat account statement

Also reported as

112 Taxmann.com 329

Sections most often in play

Section 68Section 10(38)Section 1961Section 143(3)Section 131Section 142(1)Section 133(6)Section 147
Read the full judgment

Issues it is cited on

price riggingbogus ltcgbogus long term capital gainpenny stocksection 10(38)paper companyentry operatorpreponderance of probabilitylong term capital gainsclosely held companyperiod of holdingretraction of statement

Judgments citing Suman Poddar v. ITO

Nausheen Farah, Kanpur vs. Deputy Commissioner of Income Tax, Central Circle-II, Kanpur

In the result, all the appeals of the assessees are partly allowed

ITA 63/LKW/2021[2012-2013]Status: DisposedITAT Lucknow06 Jul 2022AY 2012-2013

Bench: Shri A. D. Jain & Shri T. S. Kapoor

Section 10(38)Section 147Section 148Section 69A

…of the facts and documents, the conclusion arrived at by the AO in respect of the transaction in question, ought not to have been interfered with. In support of his submission, Mr. Hossain relies upon the judgment of this Court in Suman Poddar v. ITO, [2020] 423 ITR 480 (Delhi), and of the Supreme Court in Sumity Dayal v. CIT, (1995) Supp. (2) SCC 453. 9. Mr. Hossain further argues that the learned ITAT has erred in holding that the AO did not consider examining the brokers of the Respondent. He asserts that this holding is contrary to the findings of the AO. As a matter of fact, the demat account statement of t…

Shaheen Rabia, Kanpur vs. Deputy Commissioner of Income Tax, Central Circle -II, Kanpur

In the result, all the appeals of the assessees are partly allowed

ITA 62/LKW/2021[2012-2013]Status: DisposedITAT Lucknow06 Jul 2022AY 2012-2013

Bench: Shri A. D. Jain & Shri T. S. Kapoor

Section 10(38)Section 147Section 148Section 69A

…of the facts and documents, the conclusion arrived at by the AO in respect of the transaction in question, ought not to have been interfered with. In support of his submission, Mr. Hossain relies upon the judgment of this Court in Suman Poddar v. ITO, [2020] 423 ITR 480 (Delhi), and of the Supreme Court in Sumity Dayal v. CIT, (1995) Supp. (2) SCC 453. 9. Mr. Hossain further argues that the learned ITAT has erred in holding that the AO did not consider examining the brokers of the Respondent. He asserts that this holding is contrary to the findings of the AO. As a matter of fact, the demat account statement of t…

Marghoob Alam, Kanpur vs. Dcut, CC-II, Kanpur

In the result, all the appeals of the assessees are partly allowed

ITA 61/LKW/2021[2012-2013]Status: DisposedITAT Lucknow06 Jul 2022AY 2012-2013

Bench: Shri A. D. Jain & Shri T. S. Kapoor

Section 10(38)Section 147Section 148Section 69A

…of the facts and documents, the conclusion arrived at by the AO in respect of the transaction in question, ought not to have been interfered with. In support of his submission, Mr. Hossain relies upon the judgment of this Court in Suman Poddar v. ITO, [2020] 423 ITR 480 (Delhi), and of the Supreme Court in Sumity Dayal v. CIT, (1995) Supp. (2) SCC 453. 9. Mr. Hossain further argues that the learned ITAT has erred in holding that the AO did not consider examining the brokers of the Respondent. He asserts that this holding is contrary to the findings of the AO. As a matter of fact, the demat account statement of t…

Income Tax Officer-3(4), Kanpur vs. Shri Santosh Kumar Agarwal, Kanpur

In the result, the appeal of the Revenue is dismissed

ITA 153/LKW/2020[2014-15]Status: DisposedITAT Lucknow17 Feb 2022AY 2014-15

Bench: Shri T. S. Kapoor

Section 10(38)Section 143(3)Section 69A

…t by the AO in respect of the transaction in question, ought not to have been interfered with. In support of his submission, Mr. I.T.A. No.153/Lkw/2020 Assessment. Year:2014-15 28 Hossain relies upon the judgment of this Court in Suman Poddar v. ITO, [2020] 423 ITR 480 (Delhi), and of the Supreme Court in Sumati Dayal v. CIT, (1995) Supp. (2) SCC 453. 9. Mr. Hossain further argues that the learned ITAT has erred in holding that the AO did not consider examining the brokers of the Respondent. He asserts that this holding is contrary to the findings of the AO. As a matter of fact, the demat account statement of t…

Income Tax Officer-1(3), Kanpur vs. Shri Raj Kumar Agarwal, Kanpur

In the result, both the appeals of the Revenue are dismissed

ITA 205/LKW/2020[2014-15]Status: DisposedITAT Lucknow17 Jan 2022AY 2014-15

Bench: Shri T.S. Kapoor

Section 10(38)Section 143(3)Section 69A

…of the facts and documents, the conclusion arrived at by the AO in respect of the transaction in question, ought not to have been interfered with. In support of his submission, Mr. Hossain relies upon the judgment of this Court in Suman Poddar v. ITO, [2020] 423 ITR 480 (Delhi), and of the Supreme Court in Sumati Dayal v. CIT, (1995) Supp. (2) SCC 453. 9. Mr. Hossain further argues that the learned ITAT has erred in holding that the AO did not consider examining the brokers of the Respondent. He asserts that this holding is contrary to the findings of the AO. As a matter of fact, the demat account statement of t…

ITO -32(2)(1), Mumbai vs. M/S. Liberal Realtors Limited Liability Partnership, Mumbai

In the result, appeal of the Revenue for A

ITA 450/MUM/2021[2015-16]Status: DisposedITAT Mumbai17 Jan 2022AY 2015-16
Section 10(38)Section 143(3)Section 68Section 69C

…Revenue had preferred a Special Leave Petition (SLP) before the Hon’ble Supreme Court which was dismissed in SLP (Civil) No.20146/2012 dated 27/01/2014. Similar was the decision rendered by the Hon’ble Delhi High Court in the case of Suman Poddar reported in 112 Taxmann.com 329 wherein SLP filed by the Revenue was dismissed by the Hon’ble Supreme Court. 2.13. Ultimately, the ld. CIT(A) had granted relief to the assessee by placing reliance on the various decisions of the Hon’ble Jurisdictional High court and Hon’ble Delhi High Court stated supra and more particularly in view of the favourable remand report subm…

M/S. Balmukund Dhanraj Jhawar HUF, Sendhwa vs. The ITO Sendhwa, Sendhwa

ITA 250/IND/2019[2014-15]Status: DisposedITAT Indore27 Jul 2021AY 2014-15

Bench: Hon’Ble Madhumita Royassessment Year 2014-15

Section 10(38)Section 143(2)Section 143(3)

…आयकर अपील"य अ"धकरण, इंदौर "यायपीठ, इंदौर IN THE INCOME TAX APPELLATE TRIBUNAL, INDORE BENCH, INDORE HON’BLE MANISH BORAD, ACCOUNTANT MEMBER AND BEFORE HON’BLE MADHUMITA ROY, JUDICIAL MEMBER Assessment Year 2014-15 M/s. Ajay Kumar Balmukund Jhawar HUF : Appellant C/o S V Agrawal & Associates Dadi Dham, 24 Joy Builders Colony, Near Rafael Tower, Old Palasia, Indore PAN AAFHA4324N V/s The ITO Sendhwa (M.P.) : Respondent Assessment Year 2014-15 Smt. Aparna Jhawar : Appellant C/o S V Agrawal & Associates Dadi Dham, 24 Joy Builders Colony, Near Rafael Tower, Old Palasia, Indore (M.P.) PAN ABCPJ3925E V/s The ITO Sendh…

Smt. Aparna Jhawar, Sendhwa vs. The ITO Sendhwa, Sendhwa

ITA 249/IND/2019[2014-15]Status: DisposedITAT Indore27 Jul 2021AY 2014-15

Bench: Hon’Ble Madhumita Royassessment Year 2014-15

Section 10(38)Section 143(2)Section 143(3)

…आयकर अपील"य अ"धकरण, इंदौर "यायपीठ, इंदौर IN THE INCOME TAX APPELLATE TRIBUNAL, INDORE BENCH, INDORE HON’BLE MANISH BORAD, ACCOUNTANT MEMBER AND BEFORE HON’BLE MADHUMITA ROY, JUDICIAL MEMBER Assessment Year 2014-15 M/s. Ajay Kumar Balmukund Jhawar HUF : Appellant C/o S V Agrawal & Associates Dadi Dham, 24 Joy Builders Colony, Near Rafael Tower, Old Palasia, Indore PAN AAFHA4324N V/s The ITO Sendhwa (M.P.) : Respondent Assessment Year 2014-15 Smt. Aparna Jhawar : Appellant C/o S V Agrawal & Associates Dadi Dham, 24 Joy Builders Colony, Near Rafael Tower, Old Palasia, Indore (M.P.) PAN ABCPJ3925E V/s The ITO Sendh…

Ajay Kumar Balmukund Jhawar HUF, Sendhwa vs. ITO Sendhwa, Sendhwa

ITA 244/IND/2019[2014-15]Status: DisposedITAT Indore27 Jul 2021AY 2014-15

Bench: Hon’Ble Madhumita Royassessment Year 2014-15

Section 10(38)Section 143(2)Section 143(3)

…आयकर अपील"य अ"धकरण, इंदौर "यायपीठ, इंदौर IN THE INCOME TAX APPELLATE TRIBUNAL, INDORE BENCH, INDORE HON’BLE MANISH BORAD, ACCOUNTANT MEMBER AND BEFORE HON’BLE MADHUMITA ROY, JUDICIAL MEMBER Assessment Year 2014-15 M/s. Ajay Kumar Balmukund Jhawar HUF : Appellant C/o S V Agrawal & Associates Dadi Dham, 24 Joy Builders Colony, Near Rafael Tower, Old Palasia, Indore PAN AAFHA4324N V/s The ITO Sendhwa (M.P.) : Respondent Assessment Year 2014-15 Smt. Aparna Jhawar : Appellant C/o S V Agrawal & Associates Dadi Dham, 24 Joy Builders Colony, Near Rafael Tower, Old Palasia, Indore (M.P.) PAN ABCPJ3925E V/s The ITO Sendh…

Smt. Sabreen, Kanpur vs. Income Tax Officer-3(4), Kanpur

In the result, the appeal of the assessee stands partly allowed and Stay Application is dismissed as infructuous

ITA 498/LKW/2019[2014-15]Status: DisposedITAT Lucknow19 Jul 2021AY 2014-15

Bench: Shri A. D. Jain & Shri T. S. Kapoor

Section 10Section 10(38)Section 144Section 38

…of the facts and documents, the conclusion arrived at by the AO in respect of the transaction in question, ought not to have been interfered with. In support of his submission, Mr. Hossain relies upon the judgment of this Court in Suman Poddar v. ITO, [2020] 423 ITR 480 (Delhi), and of the Supreme Court in Sumati Dayal v. CIT, (1995) Supp. (2) SCC 453. 9. Mr. Hossain further argues that the learned ITAT has erred in holding that the AO did not consider examining the brokers of the Respondent. He asserts that this holding is contrary to the findings of the AO. As a matter of fact, the demat account statement of t…

Smt. Mamta Nyati Dhamnod Distt. Dhar, Dhamnod vs. ITO Dhar, Dhar

In the result appeals of the assessee(s) namely Kumari

ITA 488/IND/2019[2014-15]Status: DisposedITAT Indore25 May 2021AY 2014-15

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

Section 10(38)Section 131Section 133A

…अपील"य अ"धकरण, इ"दौर "यायपीठ, इ"दौर IN THE INCOME TAX APPELLATE TRIBUNAL INDORE BENCH, INDORE BEFORE HON'BLE MANISH BORAD, ACCOUNTANT MEMBER AND HON'BLE MADHUMITA ROY, JUDICIAL MEMBER Assessment Year:2014-15 Kumari Ayushi Nyati ITO, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 to Vs. 7, Indore (Appellant) (Revenue ) P.A. No.AJPPN2679C Assessment Year:2014-15 Smt. Vijaya Nyati, ITO, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.AAPPN8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam ITO, Dhar Nyati, HUF बनाम/ 5 Nyati Hou…

Ritu Mittal, Burhanpur vs. ITO Burhanpur, Burhanpur

In the result, all grounds raised by the assessee(s) are allowed and appeals filed by the assessee in ITANo

ITA 435/IND/2019[2015-16]Status: DisposedITAT Indore25 May 2021AY 2015-16

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2015-16

Section 10(38)Section 143(3)Section 68

…आयकर अपील"य अ"धकरण, इंदौर "यायपीठ, इंदौर IN THE INCOME TAX APPELLATE TRIBUNAL, INDORE BENCH, INDORE BEFORE HON’BLE MANISH BORAD, ACCOUNTANT MEMBER AND HON’BLE MADHUMITA ROY, JUDICIAL MEMBER Assessment Year 2015-16 Smt. Neelam Mittal, : Appellant 35, Mangaldeep, Adarsh Colony, Burhanpur (M.P) PAN : AJIPM9958J V/s ITO, Burhanpur : Respondent Assessment Year 2015-16 Smt. Ritu Mittal, : Appellant 35, Mangaldeep, Adarsh Colony, Burhanpur (M.P) PAN : AHVPM9575E V/s ITO, Burhanpur : Respondent Smt. Neelam Mittal & Anr ITA No.434 & 435/Ind/2019 Revenue by Shri Harshit Bari, Sr.DR Assessee by Shri Pankaj Shah, CA Dat…

Neelam Mittal, Burhanpur vs. ITO Burhanpur, Burhanpur

In the result, all grounds raised by the assessee(s) are allowed and appeals filed by the assessee in ITANo

ITA 434/IND/2019[2015-16]Status: DisposedITAT Indore25 May 2021AY 2015-16

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2015-16

Section 10(38)Section 143(3)Section 68

…आयकर अपील"य अ"धकरण, इंदौर "यायपीठ, इंदौर IN THE INCOME TAX APPELLATE TRIBUNAL, INDORE BENCH, INDORE BEFORE HON’BLE MANISH BORAD, ACCOUNTANT MEMBER AND HON’BLE MADHUMITA ROY, JUDICIAL MEMBER Assessment Year 2015-16 Smt. Neelam Mittal, : Appellant 35, Mangaldeep, Adarsh Colony, Burhanpur (M.P) PAN : AJIPM9958J V/s ITO, Burhanpur : Respondent Assessment Year 2015-16 Smt. Ritu Mittal, : Appellant 35, Mangaldeep, Adarsh Colony, Burhanpur (M.P) PAN : AHVPM9575E V/s ITO, Burhanpur : Respondent Smt. Neelam Mittal & Anr ITA No.434 & 435/Ind/2019 Revenue by Shri Harshit Bari, Sr.DR Assessee by Shri Pankaj Shah, CA Dat…

Kumari Ayushi Nyati, Indore vs. ITO-5(5), Indore

In the result appeals of the assessee(s) namely Kumari

ITA 203/IND/2019[2014-15]Status: DisposedITAT Indore25 May 2021AY 2014-15

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

Section 10(38)Section 131Section 133A

…अपील"य अ"धकरण, इ"दौर "यायपीठ, इ"दौर IN THE INCOME TAX APPELLATE TRIBUNAL INDORE BENCH, INDORE BEFORE HON'BLE MANISH BORAD, ACCOUNTANT MEMBER AND HON'BLE MADHUMITA ROY, JUDICIAL MEMBER Assessment Year:2014-15 Kumari Ayushi Nyati ITO, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 to Vs. 7, Indore (Appellant) (Revenue ) P.A. No.AJPPN2679C Assessment Year:2014-15 Smt. Vijaya Nyati, ITO, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.AAPPN8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam ITO, Dhar Nyati, HUF बनाम/ 5 Nyati Hou…

Manish Kumar Radheshyam Nyati, Dhar vs. ITO, Dhar

In the result appeals of the assessee(s) namely Kumari

ITA 705/IND/2018[14-15]Status: DisposedITAT Indore25 May 2021

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

Section 10(38)Section 131Section 133A

…अपील"य अ"धकरण, इ"दौर "यायपीठ, इ"दौर IN THE INCOME TAX APPELLATE TRIBUNAL INDORE BENCH, INDORE BEFORE HON'BLE MANISH BORAD, ACCOUNTANT MEMBER AND HON'BLE MADHUMITA ROY, JUDICIAL MEMBER Assessment Year:2014-15 Kumari Ayushi Nyati ITO, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 to Vs. 7, Indore (Appellant) (Revenue ) P.A. No.AJPPN2679C Assessment Year:2014-15 Smt. Vijaya Nyati, ITO, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.AAPPN8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam ITO, Dhar Nyati, HUF बनाम/ 5 Nyati Hou…

Vijay Radheshyam Nyati HUF, Dhar vs. ITO, Dhar

In the result appeals of the assessee(s) namely Kumari

ITA 704/IND/2018[14-15]Status: DisposedITAT Indore25 May 2021

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

Section 10(38)Section 131Section 133A

…अपील"य अ"धकरण, इ"दौर "यायपीठ, इ"दौर IN THE INCOME TAX APPELLATE TRIBUNAL INDORE BENCH, INDORE BEFORE HON'BLE MANISH BORAD, ACCOUNTANT MEMBER AND HON'BLE MADHUMITA ROY, JUDICIAL MEMBER Assessment Year:2014-15 Kumari Ayushi Nyati ITO, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 to Vs. 7, Indore (Appellant) (Revenue ) P.A. No.AJPPN2679C Assessment Year:2014-15 Smt. Vijaya Nyati, ITO, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.AAPPN8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam ITO, Dhar Nyati, HUF बनाम/ 5 Nyati Hou…

Smt Vijaya Nyati, Dhar vs. ITO, Dhar

In the result appeals of the assessee(s) namely Kumari

ITA 703/IND/2018[14-15]Status: DisposedITAT Indore25 May 2021

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

Section 10(38)Section 131Section 133A

…अपील"य अ"धकरण, इ"दौर "यायपीठ, इ"दौर IN THE INCOME TAX APPELLATE TRIBUNAL INDORE BENCH, INDORE BEFORE HON'BLE MANISH BORAD, ACCOUNTANT MEMBER AND HON'BLE MADHUMITA ROY, JUDICIAL MEMBER Assessment Year:2014-15 Kumari Ayushi Nyati ITO, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 to Vs. 7, Indore (Appellant) (Revenue ) P.A. No.AJPPN2679C Assessment Year:2014-15 Smt. Vijaya Nyati, ITO, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.AAPPN8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam ITO, Dhar Nyati, HUF बनाम/ 5 Nyati Hou…

Arun Kumar Goyal, Hyderabad vs. Asst. Commissioner of Income Tax, Central Circle-3(2), Hyderabad

Appeals are allowed in above terms

ITA 458/HYD/2020[2016-17]Status: DisposedITAT Hyderabad20 Apr 2021AY 2016-17

Bench: Shri S.S.Godara & Shri Laxmi Prasad Sahu

For Appellant: Shri P.Murali Mohana Rao, ARFor Respondent: Shri Sibendu Moharana, DR
Section 10(38)Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES “A” : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER ITA No. A.Y. Appellant Respondent 456/Hyd/20 2014-15 Sri Tarun Kumar Asst. Commissioner Goyal of Income Tax, 457/Hyd/20 2016-17 Central Circle-3(2), Sri Arun Kumar 458/Hyd/20 2016-17 Hyderabad Goyal For Assessee : Shri P.Murali Mohana Rao, AR For Revenue : Shri Sibendu Moharana, DR Date of Hearing : 01-02-2021 Date of Pronouncement : 20-04-2021 O R D E R PER S.S.GODARA, J.M. : The instant three appeals pertain to two assessees,…

Tarun Kumar Goyal, Hyderabad vs. Asst. Commissioner of Income Tax, Central Circle-3(1)2, Hyderabad

Appeals are allowed in above terms

ITA 457/HYD/2020[2016-17]Status: DisposedITAT Hyderabad20 Apr 2021AY 2016-17

Bench: Shri S.S.Godara & Shri Laxmi Prasad Sahu

For Appellant: Shri P.Murali Mohana Rao, ARFor Respondent: Shri Sibendu Moharana, DR
Section 10(38)Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES “A” : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER ITA No. A.Y. Appellant Respondent 456/Hyd/20 2014-15 Sri Tarun Kumar Asst. Commissioner Goyal of Income Tax, 457/Hyd/20 2016-17 Central Circle-3(2), Sri Arun Kumar 458/Hyd/20 2016-17 Hyderabad Goyal For Assessee : Shri P.Murali Mohana Rao, AR For Revenue : Shri Sibendu Moharana, DR Date of Hearing : 01-02-2021 Date of Pronouncement : 20-04-2021 O R D E R PER S.S.GODARA, J.M. : The instant three appeals pertain to two assessees,…

Tarun Kumar Goyal, Hyderabad vs. Asst. Commissioner of Income Tax, Central Circle-3(2), Hyderabad

Appeals are allowed in above terms

ITA 456/HYD/2020[2014-15]Status: DisposedITAT Hyderabad20 Apr 2021AY 2014-15

Bench: Shri S.S.Godara & Shri Laxmi Prasad Sahu

For Appellant: Shri P.Murali Mohana Rao, ARFor Respondent: Shri Sibendu Moharana, DR
Section 10(38)Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES “A” : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER ITA No. A.Y. Appellant Respondent 456/Hyd/20 2014-15 Sri Tarun Kumar Asst. Commissioner Goyal of Income Tax, 457/Hyd/20 2016-17 Central Circle-3(2), Sri Arun Kumar 458/Hyd/20 2016-17 Hyderabad Goyal For Assessee : Shri P.Murali Mohana Rao, AR For Revenue : Shri Sibendu Moharana, DR Date of Hearing : 01-02-2021 Date of Pronouncement : 20-04-2021 O R D E R PER S.S.GODARA, J.M. : The instant three appeals pertain to two assessees,…