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“Section 32(4)”

Section References (mined)Section 32Section 32(4)5 judgments

DEPUTY COMMISSIONER OF INCOME TAX, HUBBALLI vs. SHRI KRISHNA MOHAN KALBURGI, HUBBALLI

In the result, appeals filed by the Revenue are partly allowed for both the\nPronounced in the open court on the date mentioned on the caption page

ITA 1136/BANG/2024[2018-19]Status: DisposedITAT Bangalore13 Aug 2025AY 2018-19
Section 10Section 132Section 132(4)Section 143(1)Section 143(2)Section 153C

{ "clean_text": "IN THE INCOME TAX APPELLATE TRIBUNAL\n\"A\" BENCH : BANGALORE\nBEFORE SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER\nAND

GAJULAPALLI SHOBAN BABU ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRLCE , TIRUPATI

In the result, appeals filed by the assessee for the A

ITA 298/HYD/2020[2012-13]Status: DisposedITAT Hyderabad08 Nov 2024AY 2012-13

Bench: Shri Mahavir Singh, Hon'Ble Vice- & Shri Manjunatha, G. Accountant Hon'Bleआ.अपी.सं /Ita Nos.296, 297 & 298/Hyd/2020 (िनधा"रण वष"/Assessment Years: 2010-11, 2011-12 & 2012-13) Shri Gajulapalli Shoban Vs. Dy. C. I. T. Babu Central Circle 2(2) Hyderabad Tirupati Pan:Agfpg4314G (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Mohd.Afzal, Advocate राज" व "ारा/Revenue By:: Shri B. Balakrishna, Dr सुनवाई की तारीख/Date Of Hearing: 23/09/2024 घोषणा की तारीख/Pronouncement: 08/11/2024 आदेश/Order

For Appellant: Shri Mohd.Afzal, AdvocateFor Respondent: : Shri B. Balakrishna, DR
Section 132Section 153ASection 153D

same time, ignored other part of the seized document which contain name of the associates/lenders. Although, the presumption as per section 32(4) r.w.s. 292C of the Act is on the assessee to explain the contents of the seized material because of the presumption goes against the assessee that

GAJULAPALLI SHOBAN BABU ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRLCE , TIRUPATI

In the result, appeals filed by the assessee for the A

ITA 297/HYD/2020[2011-12]Status: DisposedITAT Hyderabad08 Nov 2024AY 2011-12

Bench: Shri Mahavir Singh, Hon'Ble Vice- & Shri Manjunatha, G. Accountant Hon'Bleआ.अपी.सं /Ita Nos.296, 297 & 298/Hyd/2020 (िनधा"रण वष"/Assessment Years: 2010-11, 2011-12 & 2012-13) Shri Gajulapalli Shoban Vs. Dy. C. I. T. Babu Central Circle 2(2) Hyderabad Tirupati Pan:Agfpg4314G (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Mohd.Afzal, Advocate राज" व "ारा/Revenue By:: Shri B. Balakrishna, Dr सुनवाई की तारीख/Date Of Hearing: 23/09/2024 घोषणा की तारीख/Pronouncement: 08/11/2024 आदेश/Order

For Appellant: Shri Mohd.Afzal, AdvocateFor Respondent: : Shri B. Balakrishna, DR
Section 132Section 153ASection 153D

same time, ignored other part of the seized document which contain name of the associates/lenders. Although, the presumption as per section 32(4) r.w.s. 292C of the Act is on the assessee to explain the contents of the seized material because of the presumption goes against the assessee that

GAJULAPALLI SHOBAN BABU ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE , TIRUPATI

In the result, appeals filed by the assessee for the A

ITA 296/HYD/2020[2010-11]Status: DisposedITAT Hyderabad08 Nov 2024AY 2010-11

Bench: Shri Mahavir Singh, Hon'Ble Vice- & Shri Manjunatha, G. Accountant Hon'Bleआ.अपी.सं /Ita Nos.296, 297 & 298/Hyd/2020 (िनधा"रण वष"/Assessment Years: 2010-11, 2011-12 & 2012-13) Shri Gajulapalli Shoban Vs. Dy. C. I. T. Babu Central Circle 2(2) Hyderabad Tirupati Pan:Agfpg4314G (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Mohd.Afzal, Advocate राज" व "ारा/Revenue By:: Shri B. Balakrishna, Dr सुनवाई की तारीख/Date Of Hearing: 23/09/2024 घोषणा की तारीख/Pronouncement: 08/11/2024 आदेश/Order

For Appellant: Shri Mohd.Afzal, AdvocateFor Respondent: : Shri B. Balakrishna, DR
Section 132Section 153ASection 153D

same time, ignored other part of the seized document which contain name of the associates/lenders. Although, the presumption as per section 32(4) r.w.s. 292C of the Act is on the assessee to explain the contents of the seized material because of the presumption goes against the assessee that

ACIT CC-7(1) , MUMBAI vs. SHRI SHREYAS VASANT PARIKH, MUMBAI

In the result, the appeal of the revenue as well as cross-objection of the assessee are dismissed

ITA 1580/MUM/2021[2017-18]Status: DisposedITAT Mumbai10 Oct 2022AY 2017-18

Bench: Shri Aby T. Varkey, Jm & Shri Amarjit Singh, Am आयकर अपील सं/ I.T.A. No.1580/Mum/2021 (निर्धारण वर्ा / Assessment Year: 2017-18) Acit, Cc-7(1) बिधम/ Shreyas Vasant Parikh R. No.676B, 6Th Floor, 5 Raj Mayur, 19Th Road, Vs. Aayakar Bhavan, M. K. Khar (W), Mumbai- Road, Road, Mumbai- 400052. 400020. Cross Objection No. 30/Mum/2022 Arising Out Of I.T.A. No.1580/Mum/2021 (निर्धारण वर्ा / Assessment Years: 2017-18) Shreyas Vasant Parikh Acit, Cc-7(1) बिधम/ 5 Raj Mayur, 19Th Road, R. No.676B, 6Th Floor, Vs. Khar (W), Mumbai-400052. Aayakar Bhavan, M. K. Road, Road, Mumbai- 400020. स्थधयी लेखध सं./जीआइआर सं./Pan/Gir No. : Aaepp1118J (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent) Assessee By: Shri V. R. Choksi Revenue By: Shri Amit Kumar Soni सुनवाई की तारीख / Date Of Hearing: 13/07/2022 घोषणा की तारीख /Date Of Pronouncement: 10/10/2022 आदेश / O R D E R Per Aby T. Varkey, Jm:

For Appellant: Shri V. R. ChoksiFor Respondent: Shri Amit Kumar Soni
Section 153CSection 68

examining them by the authorised officer during the course of search and recording any statement from them by invoking the powers under section 32(4) of the Act, does not arise. Therefore, the statement of the managing director of the assessee, recorded patently under Section 132(4