BRIJESH PODDAR M/S KRISHAN KANHAIYA TEXTILES,HATHARS vs. ITO WARD 4(3)(4), HATHRAS

In the result, the appeal of the assessee is allowed

Bench: Shri M. Balaganeshshri Brijesh Poddar (Prop), Vs. Ito, M/S. Krishna Kanhiya Ward-4(3)(4), Poddar Textile, Hanuman Hathras Gali, Hathras, Up (Appellant) (Respondent) Pan: Azgpp1350B Assessee By : Shri Pankaj Gargh, Adv Revenue By: Shri Anil Kumar, Sr. Dr Date Of Hearing 21/01/2026 Date Of Pronouncement 03/02/2026

short- term capital gains as borrowed funds were utilised for making investment in virtual digital asset and that the interest becomes part of cost of acquisition. This plea was not accepted by the learned AO and the interest expenditure of Rs. 5,74,560 was disallowed

SURESH CHANDRA SADH,NEW DELHI vs. CIRCLE 4(1)(1),, ALIGARH

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

Bench: Shri Sunil Kumar Singh & Shri Brajesh Kumar Singh[Assessment Year: 2016-17]

short span of time. In view of these facts, the Assessing Officer disallowed the Long Term Capital Gains of Rs.80

NEETA AGARWAL,AGRA vs. INCOME TAX OFFICER, 2(1)(2), AGRA, AGRA

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

Bench: Shri M. Balaganesh & Shri Sunil Kumar Singh(Through Virtual Hearing) Neeta Agarwal, Vs. Income Tax Officer, E-23, New Agra, Agra Ward-2(1)(2), Agra (Appellant) (Respondent) Pan: Aaxpa0936E Assessee By : Shri Amit Goyal, Adv Shri Nitin Goyal, Adv Revenue By: Shri Anil Kumar, Sr. Dr Date Of Hearing 16/09/2025 Date Of Pronouncement 04/12/2025

short] dated 16/05/2024 against the order of assessment passed u/s 143(3) of the Income-tax Act, 1961 (hereinafter referred to as „the Act‟) dated 246A by the Assessing Officer, NFAC, Delhi (hereinafter referred to as „ld. AO‟). 2. At the outset, we find that there is a delay in filing of appeal by the Assessee before

SATISH PRAKASH AGARWAL,AGRA vs. THE ACIT, CIRCLE 1(2)(1), AGRA, AGRA

In the result, appeal of the assessee is allowed

Bench: : Shri Ramit Kocharassessment Year: 2016-17

disallowance of loss of Rs.10,06,265/- is concerned, which the assessee has sought to set off against income from house property and income from other sources. The said loss has not arisen from the share of loss from partnership firm. There is share of positive profit from the partnership firm Freedom Shoes, LLP to the tune

ACIT, CIRCLE 2(1)(1), AGRA vs. ASHOK KUMAR AGARWAL, AGRA

In the result, appeal of the Revenue is partly allowed

Bench: Shri Sunil Kumar Singh & Shri Manish Agarwalita No.52/Agr/2025 (Assessment Year: 2015-16) Ashok Kumar Agarwal Acit, 6/26, Barah Bhai Ki Circle 2(1)(1), Vs. Gali, Belanganj, Agra-282002 Uttar Pradesh. Pan-Abipa7741F (Appellant) (Respondent)

short). 2. Brief facts of the case are that assesse is an individual and filed his return of income on 29.09.2015 declaring total income at Rs.18,35,16,990/- which was revised on 31.10.2015 at the same income. The case was selected for limited scrutiny to examine the long term capital gain earned during under appeal. The assessee has sold

ACIT, CIRCLE-2(1)(1), AGRA vs. ASHOK KUMAR AGARWAL, AGRA

In the result, appeal of the Revenue is partly allowed

Bench: Shri Sunil Kumar Singh & Shri Manish Agarwalita No.52/Agr/2025 (Assessment Year: 2015-16) Ashok Kumar Agarwal Acit, 6/26, Barah Bhai Ki Circle 2(1)(1), Vs. Gali, Belanganj, Agra-282002 Uttar Pradesh. Pan-Abipa7741F (Appellant) (Respondent)

short). 2. Brief facts of the case are that assesse is an individual and filed his return of income on 29.09.2015 declaring total income at Rs.18,35,16,990/- which was revised on 31.10.2015 at the same income. The case was selected for limited scrutiny to examine the long term capital gain earned during under appeal. The assessee has sold

VARDAN CONSTRUCTIONS PRIVATE LIMITED,GWALIOR vs. INCOME TAX OFFICER-2(3), GWALIOR

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

Bench: Shri Sunil Kumar Singh & Shri Brajesh Kumar Singh[Assessment Year: 2012-13]

Short Term Capital Gain of Rs.11,81,680/- was offered. It was further noted by the Assessing Officer in the reasons recorded that the stamp duty valuation of the said property was Rs.2,22,82,500/- and 50% of the same being share of the assessee comes to Rs.1,11,41,250/-. Thereafter, the Assessing Officer referred to the provisions

ABC PAPER PRODUCTS,AGRA vs. INCOME TAX OFFICER 1(1)(1) AGRA, AGRA

In the result, the appeal of the assessee is dismissed

short) arising out of the order passed u/s\n143(3) of the Act dated 10.03.2021.\n2. From the perusal of the record, it is found that the appeal is\nfiled delay by 239 days. With respect to the delay an affidavit is filed\nby the assessee along with separate application for condonation of\ndelay wherein it is stated that

AKHLESH KUMAR TIWARI,AGRA vs. INCOME TAX OFFICER, AGRA

In the result, assessee’s appeal is allowed for statistical purposes

Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singhassessment Year: 2013-14

short term capital loss of Rs.51,050/- and on sale of second plot, he claimed long-term capital gain of Rs.7,33,457/-, claiming its deduction u/s. 54F of the Act on the ground that the assessee had invested Rs.25,85,000/- in purchase of new residential property. Case was reopened u/s. 147 of the Act by issuing notice

SURENDRA PAL SINGH NARANG ,AGRA vs. DY CIT CIRCLE 1(2)1 , AGRA

The appeal is allowed for statistical purposes and the issue on merits is restored to the files of Ld

Bench: Sh. Shamim Yahya & Sh. Anubhav Sharmasurendra Pal Singh Narang Vs. Dcit, 33/264, Circle 1(2)(1), New Raja Ki Mandi Colony Agra, Uttar Pradesh Agra- 282002 Uttar Pradesh Pan : Aafpn8023P (Appellant) (Respondent)

short Ld. AO). 2. Heard and perused the record. 3. During the course of hearing Ld. AR brought before the Bench the fact that the appellant is a senior citizen aged about 61 years old and filed his return of income for the A.Y. 2015-16 declaring an income of Rs. 1,63,20,870/- including capital gain long term

KISHOR KUMAR GARG,JOURA ROAD, MORENA vs. ACIT, GWALIOR

In the result, the appeal of the assessee is allowed

Bench: Shri M. Balaganeshkishor Kumar Garg, Vs. Acit, Joura Road, Morena, Gwalior, Circle-3(1), Mp Gwalior (Appellant) (Respondent) Pan: Acopg5428J Assessee By : None Revenue By: Shri Anil Kumar, Sr. Dr Date Of Hearing 19/01/2026 Date Of Pronouncement 21/01/2026

short] dated 02.05.2025 against the order of assessment passed u/s 270A of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’) dated 21.01.2022 by the Assessing Officer, ACIT, Circle-3(1), Gwalior (hereinafter referred to as ‘ld. AO’). 2. None appeared on behalf of the assessee despite issuance of notice. In fact, I find there is no presence