A.C.I.T., CIRCLE-2, GWALIOR vs. M/S RAKESH SHIVHARE & NISHA MITTAL, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

search and seizure action took place in K.S. Oils Group on 11.3.2010 wherein, statements of members of said AOPs had been recorded by the Authorised Officers. In the statements so recorded, so also during the assessment proceedings, all such members of AOPs stated that all transactions of investment in the shares of K.S. Oils Ltd. and their subsequent sale

A.C.I.T., CIRCLE-2, GWALIOR vs. M/S SUNIL KUMAR MITTAL & MAMTA MITTAL, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

search and seizure action took place in K.S. Oils Group on 11.3.2010 wherein, statements of members of said AOPs had been recorded by the Authorised Officers. In the statements so recorded, so also during the assessment proceedings, all such members of AOPs stated that all transactions of investment in the shares of K.S. Oils Ltd. and their subsequent sale

A.C.I.T., CIRCLE-2, GWALIOR vs. M/S SHYAM SUNDER & MANISH TAORI, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

search and seizure action took place in K.S. Oils Group on 11.3.2010 wherein, statements of members of said AOPs had been recorded by the Authorised Officers. In the statements so recorded, so also during the assessment proceedings, all such members of AOPs stated that all transactions of investment in the shares of K.S. Oils Ltd. and their subsequent sale

SARITA AGRAWAL,GWALIOR vs. ACIT, GWALIOR

In the result, appeal of the assessee is allowed for statistical purposes

Bench: Shri Ramit Kochar & Shri Sudhir Kumarmrs. Sarita Agrawal Acit Geeta Colony Aayakar Bhawan Dal Bazar, Gwalior- V. City Centre 474001 Gwalior-474001 Madhya Pradesh Madhya Pradesh "थायीलेखासं./जीआइआरसं./Pan/Gir No: Adxpk3445P Appellant .. Respondent

Gain on shares on which STT is paid is not to be included in taxable income. Have addition of Rs. 115995/- is illegalunjustified and bad in law. 4. The appellate crave for adding , deleting and/or modifying any ground of appeal before its final hearing.” 2. Brief facts of the case are that a search and seizure operation was carried

M/S DEEPRAJ HOSPITAL P LTD,HATHRAS vs. ITO 3(5), HATHRAS

In the result, both the appeals are allowed

Bench: Shri A. D. Jain

gains shown by assessee was bogus and no separate reason disclosing satisfaction of Assessing Officer for formation of belief that income of assessee had escaped assessment had been recorded, notice issued u/s I.T.A Nos. 41 & 40/Agra/2017 8 148 of the Act was to be quashed and assessment made in pursuance thereof was to be annulled". It was submitted

M/S CHARAN SINGH ICE & STORAGE P LTD,HATHRAS vs. ITO 3(5), HATHRAS

In the result, both the appeals are allowed

Bench: Shri A. D. Jain

gains shown by assessee was bogus and no separate reason disclosing satisfaction of Assessing Officer for formation of belief that income of assessee had escaped assessment had been recorded, notice issued u/s I.T.A Nos. 41 & 40/Agra/2017 8 148 of the Act was to be quashed and assessment made in pursuance thereof was to be annulled". It was submitted

ASHOK KUMAR GUPTA,GWALIOR vs. ACIT, GWALIOR

Appeal stand partly allowed

Bench: Hon’Ble Shri Satbeer Singh Godara, Jm & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकरअपील सं. / Ita No.16/Agr/2020 (िनधा"रणवष" / Assessment Year: 2011-12) Shri Ashok Kumar Gupta Acit - Circle-2 बनाम/ F-11, Harishankar Puram Gwalior Vs. Gwalior 474 002 "थायीलेखासं./जीआइआरसं./Tan/Gir No. Aclpg-8972-G (अपीलाथ"/Appellant) : (""थ" / Respondent) & 2. आयकरअपील सं. / Ita No.23/Agr/2020 (िनधा"रणवष" / Assessment Year: 2011-12) Acit Circle-2 Shri Ashok Kumar Gupta बनाम/ Gwalior F-11, Harishankar Puram Vs. Gwalior 474 002 "थायीलेखासं./जीआइआरसं./Tan/Gir No. Aclpg-8972-G (अपीलाथ"/Appellant) : (""थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri Anurag Sinha (Advocate) – Ld. Ar ""थ"कीओरसे/Respondent By : Shri Sukesh Kumar Jain (Cit) – Ld. Cit-Dr सुनवाईकीतारीख/Date Of Hearing : 21-02-2025 घोषणाकीतारीख /Date Of Pronouncement : 28-03-2025

seizure 3.1 During search, cash was seized for Rs.8.93 Lacs which was stated to be belonging to the assessee. However, during assessment proceedings, the assessee attributed cash to various family members. Rejecting the same, Ld. AO added the same to the income of the assessee. 3.2 The Ld. CIT(A) held that the assessee disclosed Rs.90 Lacs towards cash which

ACIT CIRCLE-2(1), GWALIOR vs. ASHOK KUMAR GUPTA, GWALIOR

Appeal stand partly allowed

Bench: Hon’Ble Shri Satbeer Singh Godara, Jm & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकरअपील सं. / Ita No.16/Agr/2020 (िनधा"रणवष" / Assessment Year: 2011-12) Shri Ashok Kumar Gupta Acit - Circle-2 बनाम/ F-11, Harishankar Puram Gwalior Vs. Gwalior 474 002 "थायीलेखासं./जीआइआरसं./Tan/Gir No. Aclpg-8972-G (अपीलाथ"/Appellant) : (""थ" / Respondent) & 2. आयकरअपील सं. / Ita No.23/Agr/2020 (िनधा"रणवष" / Assessment Year: 2011-12) Acit Circle-2 Shri Ashok Kumar Gupta बनाम/ Gwalior F-11, Harishankar Puram Vs. Gwalior 474 002 "थायीलेखासं./जीआइआरसं./Tan/Gir No. Aclpg-8972-G (अपीलाथ"/Appellant) : (""थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri Anurag Sinha (Advocate) – Ld. Ar ""थ"कीओरसे/Respondent By : Shri Sukesh Kumar Jain (Cit) – Ld. Cit-Dr सुनवाईकीतारीख/Date Of Hearing : 21-02-2025 घोषणाकीतारीख /Date Of Pronouncement : 28-03-2025

seizure 3.1 During search, cash was seized for Rs.8.93 Lacs which was stated to be belonging to the assessee. However, during assessment proceedings, the assessee attributed cash to various family members. Rejecting the same, Ld. AO added the same to the income of the assessee. 3.2 The Ld. CIT(A) held that the assessee disclosed Rs.90 Lacs towards cash which

SUNIL CHAUHAN,AGRA vs. DCIT CENTRE CIRCLE AGRA, AGRA

The appeals stand partly allowed

Bench: Hon’Ble Shri Satbeer Singh Godara, Jm & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकरअपील सं./ Ita No.148/Agr/2024 (िनधा"रणवष" / Assessment Year: 2014-15) & 2. आयकरअपील सं./ Ita No.165/Agr/2024 (िनधा"रणवष" / Assessment Year: 2015-16) & 3. आयकरअपील सं./ Ita No.149/Agr/2024 (िनधा"रणवष" / Assessment Year: 2016-17) & 4. आयकरअपील सं./ Ita No.152/Agr/2024 (िनधा"रणवष" / Assessment Year: 2017-18) & 5. आयकरअपील सं./ Ita No.153/Agr/2024 (िनधा"रणवष" / Assessment Year: 2018-19) Shri Sunil Chauhan Dcit Central Circle बनाम/ 9/47, Pokhar Para Agra Vs. Gali Agra 282 003 "थायीलेखासं./जीआइआरसं./Pan/Gir No. Alvpc-9479-M (अपीलाथ"/Appellant) : (""थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri Deependra Mohan (Ca) – Ld. Ar ""थ"कीओरसे/Respondent By : Dr. Arun Kumar Yadav – Ld. Cit-Dr सुनवाईकीतारीख/Date Of Hearing : 19-02-2025 घोषणाकीतारीख /Date Of Pronouncement : 28.03.2025

search action in assessee’s group of case on 19-07-2018 leading to seizure of incriminating material, the impugned assessment was framed. The assessee sold certain plots at ‘Shree Shyamji Enclave’ and on the basis of incriminating material, Ld. AO alleged receipt of on-money for Rs.383.25 Lacs by the assessee through sale of plots during

AGRA DEVELOPMENT AUTHORITY,AGRA vs. DCIT., CIRCLE-1, AGRA

The appeals of the assessee are allowed and the appeal of the revenue is dismissed

search and seizure powers , they can launch prosecution of persons not complying with the rules and regulations and are invariably subjected to legislative oversight. The primary object for setting up such regulatory bodies would be to ensure general public utility. The regulation of ITA No.216/Agr/2016, 183/Agr/2014,439/Agr/2015 & ITA No. 177/Agr/2014 51 building, town planning ,enforcing those regulations and continuing supervision