SANKALP RECREATION PRIVATE LIMITED,AHMEDABAD vs. THE ASSTT. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), AHMEDABAD

Bench: Shri T.R. Senthil Kumar & Shri Makarand V. Mahadeokar

TDS non-compliance. This is consistent with judicial principles that when profit is computed based on estimation, it covers all aspects of the business, including potential violations. 13.2. We also find that the 12% Net Profit Rate (NPR) applied by the CIT(A) is reasonable, given the nature of the case. The assessee was found to have engaged in unaccounted

THE ASSTT. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), AHMEDABAD vs. SANKALP RECREATION PVT. LTD., AHMEDABAD

Bench: Shri T.R. Senthil Kumar & Shri Makarand V. Mahadeokar

TDS non-compliance. This is consistent with judicial principles that when profit is computed based on estimation, it covers all aspects of the business, including potential violations. 13.2. We also find that the 12% Net Profit Rate (NPR) applied by the CIT(A) is reasonable, given the nature of the case. The assessee was found to have engaged in unaccounted

INCOME TAX OFFICER, WARD-1(8), BHAVNAGAR, BHAVNAGAR vs. MADHAV COPPER LIMITED, BHAVNAGAR

In the result, all six appeals, three by the Revenue and three by the assessee, stand dismissed

Natural Justice and therefore deserves to be quashed.\n7. The Ld. CIT(A) has erred in law and on facts of the case in confirming action of the ld. AO in levying interest u/s.234A/B/C/D of the Act.\n8. The learned CIT(A) has erred in law and on facts of the case in confirming action

MADHAV COPPER LTD.,BHAVNAGAR vs. THE INCOME TAX OFFICER, WARD-1(8), BHAVNAGAR

In the result, all six appeals, three by the Revenue and three by the assessee, stand dismissed

Bench: S/Shri Sanjay Garg & Makarand V.Mahadeokar

Natural Justice and therefore deserves to be quashed. 7. The Ld. CIT(A) has erred in law and on facts of the case in confirming action of the ld. AO in levying interest u/s. 234A/B/C/D of the Act. 8. The learned CIT(A) has erred in law and on facts of the case in confirming action

INCOME TAX OFFICER, WARD-1(8), BHAVNAGAR, BHAVNAGAR vs. MADHAV COPPER LIMITED, BHAVNAGAR

In the result, all six appeals, three by the Revenue and three by the assessee, stand dismissed

Bench: S/Shri Sanjay Garg & Makarand V.Mahadeokar

Natural Justice and therefore deserves to be quashed. 7. The Ld. CIT(A) has erred in law and on facts of the case in confirming action of the ld. AO in levying interest u/s. 234A/B/C/D of the Act. 8. The learned CIT(A) has erred in law and on facts of the case in confirming action

MADHAV COPPER LTD.,BHAVNAGAR vs. THE INCOME TAX OFFICER, WARD-1(8), BHAVNAGAR

In the result, all six appeals, three by the Revenue and three\nby the assessee, stand dismissed

Natural Justice and therefore deserves\nto be quashed.\n7. The Ld. CIT(A) has erred in law and on facts of the case in confirming\naction of the ld. AO in levying interest u/s. 234A/B/C/D of the Act.\n8. The learned CIT(A) has erred in law and on facts of the case in\nconfirming action

INCOME TAX OFFICER, WARD-1(8), BHAVNAGAR vs. MADHAV COPPER LIMITED, BHAVNAGAR

In the result, all six appeals, three by the Revenue and three by the assessee, stand dismissed

Bench: S/Shri Sanjay Garg & Makarand V.Mahadeokar

Natural Justice and therefore deserves to be quashed. 7. The Ld. CIT(A) has erred in law and on facts of the case in confirming action of the ld. AO in levying interest u/s. 234A/B/C/D of the Act. 8. The learned CIT(A) has erred in law and on facts of the case in confirming action

MADHAV COPPER LTD.,BHAVNAGAR vs. THE INCOME TAX OFFICER, WARD-1(8), BHAVNAGAR

In the result, all six appeals, three by the Revenue and three\nby the assessee, stand dismissed

Natural Justice and therefore deserves\nto be quashed.\n7. The Ld. CIT(A) has erred in law and on facts of the case in confirming\naction of the ld. AO in levying interest u/s.234A/B/C/D of the Act.\n8. The learned CIT(A) has erred in law and on facts of the case in\nconfirming action

LAMBDA THERAPEUTIC RESEARCH LIMITED,,AHMEDABAD vs. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(2),, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

natural justice ,if any, cannot render the order a nullity, but can at best be a ground to set aside the impugned order to be done de-novo. 2. The LdCIT(A) has failed to appreciate that the approval from the prescribed authority is only a condition precedent for allowing deduction u/s 80IB(8A) and that approval could not restrain

DY.COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(2),, AHMEDABAD vs. M/S. LAMDA THERAPEUTIC RESEARCH LTD.,, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

natural justice ,if any, cannot render the order a nullity, but can at best be a ground to set aside the impugned order to be done de-novo. 2. The LdCIT(A) has failed to appreciate that the approval from the prescribed authority is only a condition precedent for allowing deduction u/s 80IB(8A) and that approval could not restrain

THE DCIT, CIRCLE-2(1)(2),, AHMEDABAD vs. M/S. LAMBDA THERAPEUTIC RESEARCH LTD.,, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

natural justice ,if any, cannot render the order a nullity, but can at best be a ground to set aside the impugned order to be done de-novo. 2. The LdCIT(A) has failed to appreciate that the approval from the prescribed authority is only a condition precedent for allowing deduction u/s 80IB(8A) and that approval could not restrain

LAMBDA THERAPEUTIC RESEARCH LTD.,,AHMEDABAD vs. DCIT CIRCLE-2(1) (2),, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

natural justice ,if any, cannot render the order a nullity, but can at best be a ground to set aside the impugned order to be done de-novo. 2. The LdCIT(A) has failed to appreciate that the approval from the prescribed authority is only a condition precedent for allowing deduction u/s 80IB(8A) and that approval could not restrain

LAMBDA THERAPEUTIC RESEARCH LIMITED,,AHMEDABAD vs. THE JT. CIT, RANGE-4,, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

natural justice ,if any, cannot render the order a nullity, but can at best be a ground to set aside the impugned order to be done de-novo. 2. The LdCIT(A) has failed to appreciate that the approval from the prescribed authority is only a condition precedent for allowing deduction u/s 80IB(8A) and that approval could not restrain

THE ACIT, CIRCLE-2(1)(2),, AHMEDABAD vs. LAMBDA THERAPEUTIC RESEARCH LTD.,, AHMEDABAD

In the result the appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

natural justice ,if any, cannot render the order a nullity, but can at best be a ground to set aside the impugned order to be done de-novo. 2. The LdCIT(A) has failed to appreciate that the approval from the prescribed authority is only a condition precedent for allowing deduction u/s 80IB(8A) and that approval could not restrain

NIRAJ PRATAPBHAI SHAH,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-3(3)(2)(FORMERLY ITO, WARD-3(3)(3)), AHMEDABAD

In the result, the appeal of the assessee in ITA No

Bench: Income Tax Appellate Tribunal, Ahmedabad Bench

natural justice. 5. The learned AO has erred in law and on facts of the case in not allowing TDS

NIRAJ PRATAPBHAI SHAH,AHMEDABAD vs. THE INCOME TAX OFFICER,WARD-3(3)(2), (FORMERLY ITO, WARD-3(3)(3),, AHMEDABAD

In the result, the appeal of the assessee in ITA No

Bench: Income Tax Appellate Tribunal, Ahmedabad Bench

natural justice. 5. The learned AO has erred in law and on facts of the case in not allowing TDS

ARVINDKUMAR AMULKH TANNA,AHMEDABAD vs. THE ACIT, CENTRAL CIRCLE-2 (3), AHMEADABAD

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar

TDS has also been deposited to the respective government authority. The appellant also repaid the unsecured loan alongwith interest to the depositor parties in subsequent year. The appellant has received the unsecured loans by account payee cheques and has also repaid the unsecured loans back to the lenders companies by account payee cheques which establish the genuineness of the transactions

NATRAJ CONSTRUCTION CO.,MEHSANA vs. THE ACIT, CIRCLE GANDHINAGAR, GANDHINAGAR

In the result, both the appeals filed by the assessee are partly allowed for statistical purpose

Bench: Smt. Annapurna Gupta & Ms. Suchitra Kamble

natural justice hence unwarranted addition of Rs.20,73,10,977/- may be deleted. 2.1 The Ld. NFAC.(CIT(A) has grievously erred in law and on facts in confirming the addition of Rs.20,73,10,977/- without verifying any record or submission made while filling the appeal. 2.2 That in the facts and circumstances of the case as well

NATRAJ CONSTRUCTION CO.,MEHSANA vs. THE ACIT, CIRCLE GANDHINAGAR, GANDHINAGAR

In the result, both the appeals filed by the assessee are partly allowed for statistical purpose

Bench: Smt. Annapurna Gupta & Ms. Suchitra Kamble

natural justice hence unwarranted addition of Rs.20,73,10,977/- may be deleted. 2.1 The Ld. NFAC.(CIT(A) has grievously erred in law and on facts in confirming the addition of Rs.20,73,10,977/- without verifying any record or submission made while filling the appeal. 2.2 That in the facts and circumstances of the case as well