ACIT CIRCLE-4, AGRA vs. JHANSI DEVELOPMENT AUTHORITY, JHANSI

In the result the appeal of the assessee is allowed and the appeal

Bench: Shri Laliet Kumar,And Dr. Mitha Lal Meenajhansi Development Authority Vs..Dcit Circle-4, Commissionerycompus, Agra. Jhansi. (Now The Dy. Cit Panno.Aaalj0068K (Exemption) Ghaziabad. (Assessee) (Revenue) Acit, 4(1), Vs..Jhansi Development Agra. Authority (Now The Dy. Cit Commissionerycompus, Jhansi. (Exemption) Ghaziabad. Panno.Aaalj0068K (Revenue) (Assessee)

section 2(15) of the Act and the Ld. CIT(A) having admitted that it is his (special auditor) opinion over the issue, has decided to adjudicate after examining the Act and various decision as discussed by the Ld. CIT(A). It is again submitted that neither the statute nor the decisions relied upon by Ld CIT(A), no where

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

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

House, Agra PAN No. – AAALA0081F (Appellant) (Respondent) Appellant by Sh. Deepak Singh, Adv. Respondent by Sh. Sunil Bajpai, CIT DR & Sh. Mazhar Akram, Sr.DR Date of Hearing 08.04.2021 Date of Pronouncement 17.05.2021 ORDER Per LALIET KUMAR J.M. ITA No.216/Agr/2016, 183/Agr/2014,439/Agr/2015 & ITA No. 177/Agr/2014 2 S. NO 1 GROUNDS OF APPEALS 2-20 2 BACK GROUND FACTS

FIROZABAD SHIKOHABAD,FIROZABAD vs. C.I.T.-II, AGRA

In the result, appeal of the assessee is allowed

Bench: This Bench, Alongwith The Annexures Mentioned Therein. The Contents Thereof Are As Follows:

house for Marriage Anniversary) on that date. And the office clerk of the deponent Mr Rahul Sharma mixed-up the appeal documents with other papers in the office as the filing of Income Tax returns was also in the process in the office of deponent. 5. That after some time when the Mr. Ravinder Kumar Mathad Secretary of appellant Authority

D.C.I.T., CIRCLE-2, GWALIOR vs. M/S PREM MOTORS PVT LTD., GWALIOR

The appeals of the department are dismissed

property to be mortgaged to the bank and would also give a corporate guarantee to the bank for the loan facility availed by TAPL and in turn TAPL would give short term business assistance in terms of funds to the assessee. It was also explained that the assessee company was neither a registered nor a beneficial share holder

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

2) and 142(1) were issued by the Assessing Officer to the assessee, during the course of assessment proceedings. The assesseehas declared income from house property, income from other sources and loss from business or profession, in the return of income filed with the Revenue. The assessee has shown loss of Rs.10,06,265/- from business or profession, which

ALAUDDIN,AGRA vs. ITO, WARD 1(1)(1), AGRA, AGRA

In the result, the appeal is partly allowed for statistical purposes

Bench: : Shri Sunil Kumar Singh & Shri Manish Agarwalassessment Year: 2015-16

house sold by sale deed dated 29.08.2014 was only 50%, whereas the Revenue has computed the capital gain on 100% sale consideration. Prayed to set aside the impugned order and allow assessee’s claim u/s. 54 of the Act in respect of the same. 12. Learned DR has submitted that the Revenue has already allowed benefit of section

ITO 1(2), GWALIOR vs. SMT REENA AGRAWAL, GWALIOR

In the result, the appeal is allowed for statistical purposes

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meenaassessment Year: 2012-13

section 54F of the IT Act, in spite of the facts on records that the assessee has failed to produce proof of construction on land, during the course of assessment proceedings before the A.O.” 2. Whether on the facts and in the circumstances of the case, the Ld. CIT(A) has erred in law and in fact in deleting

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

In the result, the appeal filed by the assessee is allowed, the CO raised by the assessee and appeal filed by the Revenue are dismissed

Bench: SHRI S. RIFAUR RAHMAN (Accountant Member), SHRI SUNIL KUMAR SINGH (Judicial Member)

House No.15 and out of which, cash of Rs. 42 lacs was seized. During the course of search at the residential premises on 15.10.2014, the assessee had stated that cash, as found, from the residence to the tune of Rs. 45.81 lacs was of different companies, in which, there is substantial cash in hand in the books of accounts

VISHWAMBHAR DAYAL AGARWAL,AGRA vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE2(1)(1), AGRA, AGRA

In the result, the appeal filed by the assessee is allowed, the CO raised by the assessee and appeal filed by the Revenue are dismissed

Bench: SHRI S. RIFAUR RAHMAN (Accountant Member), SHRI SUNIL KUMAR SINGH (Judicial Member)

House No.15 and out of which, cash of Rs. 42 lacs was seized. During the course of search at the residential premises on 15.10.2014, the assessee had stated that cash, as found, from the residence to the tune of Rs. 45.81 lacs was of different companies, in which, there is substantial cash in hand in the books of accounts

ACIT-CIRCEL-2(1)(1), AGRA vs. MAYANK AGRAWAL, AGRA

In the result, the appeal filed by the assessee is allowed, the CO raised by the assessee and appeal filed by the Revenue are dismissed

Bench: SHRI S. RIFAUR RAHMAN (Accountant Member), SHRI SUNIL KUMAR SINGH (Judicial Member)

House No.15 and out of which, cash of Rs. 42 lacs was seized. During the course of search at the residential premises on 15.10.2014, the assessee had stated that cash, as found, from the residence to the tune of Rs. 45.81 lacs was of different companies, in which, there is substantial cash in hand in the books of accounts

SAPNA CHAUHAN,ETAWAH vs. ITO, ETAWAH

In the result,both the appeals in ITA No

Bench: Shri Sudhanshu Srivastava & Dr. Mitha Lal Meena

15. Reading of this part of reasons recorded suggests that according to the learned Assessing officer since assessee filed Return of Income showing Taxable Income of Rs. 1,54,680/- and she had deposited premium of insurance policies amounting to Rs. 2,74,518/- therefore, escapement of income is proved. This also cannot be valid ground for arriving

ANIL KUMAR GOYAL HUF,FIROZABAD vs. ITO WARD-5(1), FIROZABAD

In the result, the appeal of the assessee is allowed

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meenaassessment Year:2012-13

15,00,000/-. As per provisions of section 54 of the Act, to avail benefit of this section, the appellant has to have the residential house constructed within a period of three years from the date of transfer which in the assessee's case falls on 15.04.2014. However, as observed, the appellant though upto the date of filing his return

MAHIM PATRAN P. LTD,NEW DELHI vs. PR. CIT -2, AGRA

In the result, the appeals are dismissed

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

2 of the order to the following effect : “8. Calculation of Income Tax and Interest is wrong.” The ld. CIT(A) at page 15 had reproduced the submission of the assessee and thereafter had recorded the finding on ground No. 8 in para 8.2. Paragraph No. 801 & 8.2 of the order of ld. CIT(A) are as under

SMT. NISHA KESHWANI,AGRA vs. DY. C.I.T., CENTRAL CIRCLE, AGRA

In the result, the appeal of the assessee is dismissed

Bench: Shri Laliet Kumar & Dr. Mitha Lal Meena

section 69C for unaccounted investment of the assessee of construction of the house property which was not disclosed by her in the return of income. 8. That the ld. Counsel for the assessee submitted that the proceeding initiated u/s 142(1) of the Act in consequence to action taken u/s 153C of the Act in earlier year is wrong

RAJ SINGH,MATHURA vs. ITO-3(3), MATHURA

In the result appeal is allowed

Bench: Shri Sudhanshu Srivastava & Dr. Mitha Lal Meenashri. Raj Singh, Vs.. Income Tax Officer- 3(3), Village- Kharaut Chhata, Mathura Mathura. Pan: Akvpr1777Q (Appellant) (Respondent)

2(a) of section 147 of the Income-tax Act, notice under section 148 is being issued.” 23. Based on the above reproduced Reasons challenge was made by the assessee regarding the validity of re-opening. The ITAT while quashing notice under section 148 held as under: “From the above provisions, it is clear that the Assessing Officer must have

SANJAY CHOBEY,JHANSI vs. ACIT CIRCLE-2(3)(1), JHANSI

In the result, appeal of the assessee is partly allowed

Bench: : Shri A.D. Jain & Shri Dr. Mitha Lal Meenaassessment Year: 2013-14 Vs. Acit, Circle –2(3)( 1), Dr. Sanjay Chobey, (Huf) Opp. Ware House, Shivpuri Aayakar Bhawan, Road, Nandpura, Jhansi 1090, Civil Lines, Pan : Aahhd7844 Q Jhansi (Appellant) (Respondent)

House, Shivpuri Aayakar Bhawan, Road, Nandpura, Jhansi 1090, Civil Lines, PAN : AAHHD7844 Q Jhansi (Appellant) (Respondent) Appellant by Shri P.K. Sahgal, Advocate And Shri Utsav Sahgal, C.A. Respondent by Shri Waseem Arshad, Sr. DR Date of Hearing 05.06.2018 Date of Pronouncement 02.07.2018 ORDER Per Dr. Mitha Lal Meena, A.M.: This appeal by the assessee is directed against the order

SH. YUGAL KISHOR AGARWAL,AGRA vs. DCIT, CIRCLE 4(3)(1), ETAH

In the result, appeal filed by the assessee is allowed

Bench: : Shri Ramit Kocharassessment Year: 2012-13

house property, Remuneration and interest from Partnership firm and income from other sources. While framing reassessment order u/s 147 read with Section 143(3) dated 24.10.2019, the Assessing Officer made two additions – firstly, disallowance of Rs.12,15,413/- claimed by the assessee as expenditure against income from other sources by invoking provision of Section

SH. SUNIL AGARWAL,JHANSI vs. I.T.O.-6(3), JHANSI

In the result, the appeal is allowed

Bench: Shri A. D. Jain

2. Apropos Ground No.1.1 and 1.2, the assessee claimed exemption under section 54F of the IT Act on sale of a residential house which was in a dilapidated condition and was not in a habitable state, i.e., in ruins (khandharnuma). The AO, however, denied the claim on the basis that exemption under section 54F of the Act is available only