CHAND KHAN,SADA SHIV NAGAR vs. ITO WARD 1(2) , CITY CENTER

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

Bench: : Shri Ramit Kocharassessment Year: 2012-13

80,000/- against the said amount mutual fund sold on 13/07/2011 and maturity amount received worth of Rs. 597,000/-. 7. That after the said maturity amount Rs. 597,000/- appellant repurchases the mutual fund on 19/07/2011 for Rs. 750,000/- and against sold on 19/10/2011 worth of Rs. 765,570/-. After that on 18/11/2011 the appellant repurchases the mutual

PAWAN KUMAR CHAUHAN,MAINPURI vs. ITO- WARD 2 (5) , AGRA, AGRA

80 C made by the Assessing\nOfficer ignoring schedule \"A\" of the audited balance sheet (proprietor\ncapital account) in which the amount of LIP and Tution Fees Paid is\nduly accounted for.\n4. Because considering the facts of the case all the additions deserves\nto be deleted. The Ld. CIT(A) should have deleted all the additions\ninstead of confirming

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

80,42,015/- by computing the net profit @ 8% of total turnover, ignoring the fact that\nthe assessee could not prove the genuineness of purchases made by it and the same was\nheld to be bogus on the basis of statement recorded u/s 132(4) of proprietors of entities, who\nadmitted to have provided accommodation entries in lieu of commission

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

80,42,015/- by computing the net profit @ 8% of total turnover, ignoring the fact that\nthe assessee could not prove the genuineness of purchases made by it and the same was\nheld to be bogus on the basis of statement recorded u/s 132(4) of proprietors of entities, who\nadmitted to have provided accommodation entries in lieu of commission