VINOD KUMAR GUPTA,JHANSI vs. ITO, WARD-2(3)(1), JHANSI

In the result, the appeals of the assessee in ITA Nos

cash/ credit entries in the bank account of the\nassessee are not explained to the extent of Rs. 28,20,500/-. Accordingly, the Id\nJurisdictional Assessing Officer (JAO) after recording reasons initiated\nproceedings u/s 148 of the act and issued notice on 30.03.2021 after obtaining\napproval from the competent authority u/s 151 of the Act. The assessee filed his\nreturn

HARDAYAL MILK PRODUCTS PRIVATE LIMITED,SHIKOHABAD vs. DCIT, CIRCLE-2(2)(1), FIROZABAD, FIROZABAD

In the result, both the appeals filed by assessee are allowed

Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singh

cash credits under Section 68 of the Act and addition of Rs.9,11,500/- on account of commission expenditure presumed to have been paid out of unexplained income. Thus, a total addition of ₹18,32,11,500/- was made under Section 68 of the Act, vide assessment order dated 23.12.2019, passed under Sections 147/143(3) of the Act. 5. Aggrievedby

HARDAYAL MILK PRODUCTS PRIVATE LIMITED,SHIKOHABAD vs. DCIT, CIRCLE-2(2)(1), FIROZABAD, FIROZABAD

In the result, both the appeals filed by assessee are allowed

Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singh

cash credits under Section 68 of the Act and addition of Rs.9,11,500/- on account of commission expenditure presumed to have been paid out of unexplained income. Thus, a total addition of ₹18,32,11,500/- was made under Section 68 of the Act, vide assessment order dated 23.12.2019, passed under Sections 147/143(3) of the Act. 5. Aggrievedby

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

reassessment ultimately stood completed by treating M/s Capital Trade Link Ltd as a penny stock and the sale proceeds of shares received by the Assessee in the sum of Rs. 95,20,372/- was treated as unexplained cash credit

GORAV FOOTWEAR,AGRA vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE1(1)(1), AGRA/CIT(A), NFAC, DELHI, AGRA

The appeal stand allowed in terms of our above order

Bench: Hon’Ble Shri Satbeer Singh Godara, Jm & Hon’Ble Shri Manoj Kumar Aggarwal, Am आयकरअपील सं./ Ita No.503/Agr/2024 (िनधा"रणवष" / Assessment Year: 2012-13) Gorav Footwear Dcit Circle 1(1)(1) बनाम/ 6, Nath Complex, Agra Vs. Dhakran Crossing, Agra – 282 003 "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aahfg-7549-R (अपीलाथ"/Appellant) : (" थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri Deependra Mohan (Ca)- Ld.Ar " थ"कीओरसे/Respondent By : Shri Shailendra Shrivastava – Ld. Sr. Dr सुनवाईकीतारीख/Date Of Hearing : 18-02-2025 घोषणाकीतारीख /Date Of Pronouncement : 18-02-2025

unexplained cash credits in the bank account of the assessee. However, ultimately, Ld. AO has landed up in making disallowance u/s 40A (3) for Rs.90.55 Lacs. In other words, no addition has been made for the issue which form the very basis of reopening the case of the assessee. Though the assessee preferred first appeal, Ld. CIT(A) confirmed

RATNESH KUMAR JAIN,SHIVPURI vs. INCOME TAX OFFICER ASHOK NAGAR, GWALIOR

In the result, appeal of the assessee is allowed for statistical\npurposes

cash deposits in the bank account\nwithout giving credit forthe sales of the assessee. There are other\nincomes in Profit and loss account, for which no credit was given. Bank\naccount was fully explained with the books of account. The assessee\nalso contended that no notice u/s. 143(2) was issued prior to framing of\nreassessment order. It was submitted

VINOD KUMAR GUPTA,JHANSI vs. ITO, WARD-2(3)(1), JHANSI

In the result, the appeals of the assessee in ITA Nos

cash/ credit entries in the bank account of the\nassessee are not explained to the extent of Rs. 28,20,500/-. Accordingly, the Id\nJurisdictional Assessing Officer (JAO) after recording reasons initiated\nproceedings u/s 148 of the act and issued notice on 30.03.2021 after obtaining\napproval from the competent authority u/s 151 of the Act. The assessee filed his\nreturn

SARMAN RAI,JHANSI vs. INCOME TAX OFFICER, WARD - 2(3)(3), JHANSI, JHANSI

In the result, the appeal is allowed for statistical purposes

Bench: : Shri Sunil Kumar Singh & Shri Manish Agarwalassessment Year: 2012-13

unexplained sources and therefore the income has escaped assessment without considering the return filed by the appellant. 2. That under the facts and circumstances of the case the learned Authorities below have erred both on facts and in law initiating reassessment proceedings with mere information without application of mind for forming of such belief that the cash deposited

OM PRAKASH,HATHRAS vs. INCOME TAX OFFICER, WARD 4(3)(4), HATHRAS, HATHRAS

In the result, the appeal of the assessee is allowed

Bench: Shri M. Balaganesh(Through Virtual Hearing) Om Prakash, Vs. Income Tax Officer, Village Baramai, Ward-4(3)(4), Sadabad, Hathras Hathras (Appellant) (Respondent) Pan: Dkbpp7713K

reassessment. I direct accordingly. 8. Even on merits, it is not known how the learned AO had arrived at the figure of Rs 15,00,000/- for making addition on account of unexplained cash deposit in the instant case. On perusal of the bank statement, the total credits

VINOD KUMAR GUPTA,JHANSI vs. ITO, WARD-2(3)(1), JHANSI

In the result, the appeals of the assessee in ITA Nos

cash/ credit entries in the bank account of the\nassessee are not explained to the extent of Rs. 28,20,500/-. Accordingly, the Id\nJurisdictional Assessing Officer (JAO) after recording reasons initiated\nproceedings u/s 148 of the act and issued notice on 30.03.2021 after obtaining\napproval from the competent authority u/s 151 of the Act. The assessee filed his\nreturn

DEPUTY COMMISSIONER OF INCOME TAX, AGRA vs. MAHESH EDIBLE OIL INDUSTRIES LTD, DELHI

credit. Pertinently, this\nletter refers to AY 2019-20 only and not to AYs 2013-14 to 2018-19. In\nfact, no purchases have been made by the assessee from these three\nconcerns during AYs 2013-14 to 2018-19. Thus, the material referred to\nby Ld. AO in the assessment order was either relating to pre-search\nperiod

INCOME TAX OFFICER 2(1)(5) ORAI, ORAI, DISTT. JALAUN vs. VIPLAV SINGH, DISTT. JALAUN

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

Bench: Shri M. Balaganesh & Shri Sunil Kumar Singhito, Vs. Viplav Singh, Ward-2(1)(5), 2806, Churkhi Road Orai Orai (Jalaun), Up (Appellant) (Respondent) Pan: Fhxps6177R Assessee By : None Shri Sukesh Kumar Jain, Cit Dr Revenue By: Date Of Hearing 22/01/2026 Date Of Pronouncement 22/01/2026

unexplained credits in the bank account in the facts and circumstances of the instant case. 4. We have heard the ld DR and perused the materials available on record. The assessee has not filed his return of income for AY 2018-19. The ld Assessing Officer got information that there was huge cash withdrawals made by the assessee from

VINOD KUMAR GUPTA,JHANSI vs. ITO, WARD-2(3)(1), JHANSI

In the result, the appeals of the assessee in ITA Nos

cash/ credit entries in the bank account of the\nassessee are not explained to the extent of Rs. 28,20,500/-. Accordingly, the Id\nJurisdictional Assessing Officer (JAO) after recording reasons initiated\nproceedings u/s 148 of the act and issued notice on 30.03.2021 after obtaining\napproval from the competent authority u/s 151 of the Act. The assessee filed his\nreturn

VINOD KUMAR GUPTA,JHANSI vs. ITO, WARD-2(3)(1), JHANSI

In the result, the appeals of the assessee in ITA Nos

Bench: Shri M. Balaganesh(Through Virtual Hearing)

cash/ credit entries in the bank account of the assessee are not explained to the extent of Rs. 28,20,500/-. Accordingly, the ld Jurisdictional Assessing Officer (JAO) after recording reasons initiated proceedings u/s 148 of the act and issued notice on 30.03.2021 after obtaining approval from the competent authority u/s 151 of the Act. The assessee filed his return

VINOD KUMAR GUPTA,JHANSI vs. ITO, WARD-2(3)(1), JHANSI

In the result, the appeals of the assessee in ITA Nos

Bench: Shri M. Balaganesh(Through Virtual Hearing)

cash/ credit entries in the bank account of the assessee are not explained to the extent of Rs. 28,20,500/-. Accordingly, the ld Jurisdictional Assessing Officer (JAO) after recording reasons initiated proceedings u/s 148 of the act and issued notice on 30.03.2021 after obtaining approval from the competent authority u/s 151 of the Act. The assessee filed his return

VINOD KUMAR GUPTA,JHANSI vs. ITO, WARD-2(3)(1), JHANSI

In the result, the appeals of the assessee in ITA Nos

Bench: Shri M. Balaganesh(Through Virtual Hearing)

cash/ credit entries in the bank account of the assessee are not explained to the extent of Rs. 28,20,500/-. Accordingly, the ld Jurisdictional Assessing Officer (JAO) after recording reasons initiated proceedings u/s 148 of the act and issued notice on 30.03.2021 after obtaining approval from the competent authority u/s 151 of the Act. The assessee filed his return

DEPUTY COMMISSIONER OF INCOME TAX, AGRA vs. MAHESH EDIBLE OIL INDUSTRIES LTD, DELHI

The appeal of the assessee stands partly allowed

Bench: Hon’Ble Shri Satbeer Singh Godara, Jm & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकरअपीलसं./ Ita No.113/Agr/2023 (िनधा"रणवष" / Assessment Year: 2013-14) & 2. आयकरअपीलसं./ Ita No.114/Agr/2023 (िनधा"रणवष" / Assessment Year: 2014-15) & 3. आयकरअपीलसं./ Ita No.115/Agr/2023 (िनधा"रणवष" / Assessment Year: 2015-16) & 4. आयकरअपीलसं./ Ita No.116/Agr/2023 (िनधा"रणवष" / Assessment Year: 2016-17) & 5. आयकरअपीलसं./ Ita No.117/Agr/2023 (िनधा"रणवष" / Assessment Year: 2017-18) & 6. आयकरअपीलसं./ Ita No.118/Agr/2023 (िनधा"रणवष" / Assessment Year: 2018-19) & 7. आयकरअपीलसं./ Ita No.119/Agr/2023 (िनधा"रणवष" / Assessment Year: 2019-20) M/S Mahesh Edible Oil Industries Ltd. Acit-Central Circle बनाम/ 3/14-A, Jungpura-B Agra. Vs. New Delhi – 110 014. "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aaccm-7102-J (अपीलाथ"/Appellant) : (""थ" / Respondent) & 8. आयकरअपीलसं./ Ita No.157/Agr/2023 (िनधा"रणवष" / Assessment Year: 2013-14) &

credit. Pertinently, this letter refers to AY 2019-20 only and not to AYs 2013-14 to 2018-19. In fact, no purchases have been made by the assessee from these three concerns during AYs 2013-14 to 2018-19. Thus, the material referred to by Ld. AO in the assessment order was either relating to pre-search period

MAHESH EDIBLE OIL INDUSTRIES LIMITED,DELHI vs. ASSTT. COMMISSIONER OF INCOME TAX, AGRA

The appeal of the assessee stands partly allowed

Bench: Hon’Ble Shri Satbeer Singh Godara, Jm & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकरअपीलसं./ Ita No.113/Agr/2023 (िनधा"रणवष" / Assessment Year: 2013-14) & 2. आयकरअपीलसं./ Ita No.114/Agr/2023 (िनधा"रणवष" / Assessment Year: 2014-15) & 3. आयकरअपीलसं./ Ita No.115/Agr/2023 (िनधा"रणवष" / Assessment Year: 2015-16) & 4. आयकरअपीलसं./ Ita No.116/Agr/2023 (िनधा"रणवष" / Assessment Year: 2016-17) & 5. आयकरअपीलसं./ Ita No.117/Agr/2023 (िनधा"रणवष" / Assessment Year: 2017-18) & 6. आयकरअपीलसं./ Ita No.118/Agr/2023 (िनधा"रणवष" / Assessment Year: 2018-19) & 7. आयकरअपीलसं./ Ita No.119/Agr/2023 (िनधा"रणवष" / Assessment Year: 2019-20) M/S Mahesh Edible Oil Industries Ltd. Acit-Central Circle बनाम/ 3/14-A, Jungpura-B Agra. Vs. New Delhi – 110 014. "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aaccm-7102-J (अपीलाथ"/Appellant) : (""थ" / Respondent) & 8. आयकरअपीलसं./ Ita No.157/Agr/2023 (िनधा"रणवष" / Assessment Year: 2013-14) &

credit. Pertinently, this letter refers to AY 2019-20 only and not to AYs 2013-14 to 2018-19. In fact, no purchases have been made by the assessee from these three concerns during AYs 2013-14 to 2018-19. Thus, the material referred to by Ld. AO in the assessment order was either relating to pre-search period