PARUL AROGYA SEVA MANDAL TRUST,AHMEDABAD vs. THE DY.CIT, CENTRAL CIRCLE-1(2), AHMEDABAD

Appeals are allowed

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar, Accountnat Member

bogus corpus donations based on incriminating documents and extrapolating the available data. The AO disallowed exemptions under Sections 11 and 12, treating the income as normal business income due to violations of the trust's objectives. The Ld.CIT(A) partially upheld the AO's additions but allowed the exemptions under Sections 11 and 12, concluding there was no apparent violation

DCIT, CENTRAL CIRCLE-1(2), AHMEDABAD, AAYAKAR BHAWAN, ASHRAM ROAD, AHMEDABAD vs. PARUL AROGYA SEVA MANDAL TRUST, , AHMEDABAD

Appeals are allowed

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar, Accountnat Member

bogus corpus donations based on incriminating documents and extrapolating the available data. The AO disallowed exemptions under Sections 11 and 12, treating the income as normal business income due to violations of the trust's objectives. The Ld.CIT(A) partially upheld the AO's additions but allowed the exemptions under Sections 11 and 12, concluding there was no apparent violation

DCIT, CENTRAL CIRCLE1(2), AHMEDABAD, AHMEDABAD vs. PARUL AROGYA SEVA MANDAL TRUST, AHMEDABAD

Appeals are allowed

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar, Accountnat Member

bogus corpus donations based on incriminating documents and extrapolating the available data. The AO disallowed exemptions under Sections 11 and 12, treating the income as normal business income due to violations of the trust's objectives. The Ld.CIT(A) partially upheld the AO's additions but allowed the exemptions under Sections 11 and 12, concluding there was no apparent violation

RUDRA GLOBAL INFRA PRODUCTS LTD.,BHAVNAGAR vs. THE ACIT, CIRCLE-1, BHAVNAGAR

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

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

2– of the Act as evident from the computation sheet issued along with the assessment order. 4. Alternatively and without prejudice, the Ld. CIT(A) has erred in law and on facts of the case in upholding the disallowance of alleged bogus purchases u/s. 69C of the Act. S.69C has no application in the present case as the purchases

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

Section of AO’s Order 147 r.w.s. 143(3) r.w.s. 143(3) r.w.s. 144B 144B 144B Amount of Alleged Bogus 92,95,26,352/- 49,84,90,503/- 412,48,43,029/- Purchases added (Rs.) Gross Profit Rate Applied by AO 12.50% 12.50% 12.50% Addition Made by AO (Rs.) 11,61,90,794/- 6,23,11

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

Section of AO’s Order 147 r.w.s. 143(3) r.w.s. 143(3) r.w.s. 144B 144B 144B Amount of Alleged Bogus 92,95,26,352/- 49,84,90,503/- 412,48,43,029/- Purchases added (Rs.) Gross Profit Rate Applied by AO 12.50% 12.50% 12.50% Addition Made by AO (Rs.) 11,61,90,794/- 6,23,11

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

Section of AO’s Order 147 r.w.s. 143(3) r.w.s. 143(3) r.w.s. 144B 144B 144B Amount of Alleged Bogus 92,95,26,352/- 49,84,90,503/- 412,48,43,029/- Purchases added (Rs.) Gross Profit Rate Applied by AO 12.50% 12.50% 12.50% Addition Made by AO (Rs.) 11,61,90,794/- 6,23,11

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

section 145(3) and applied a GP rate of 12.5%. The CIT(A),\nwhile affirming the rejection of books, accepted the assessee's\ncontention that the GP rate of 12.5% was on the higher side, and\ntherefore scaled it down to 6% and deleted the balance.\n6. The tabulated details of the above assessments are as\nfollows:\nParticulars

JMC PROJECTS (INDIA) LTD.,,AHMEDABAD vs. THE ACIT, CENTRAL CIRCLE-1(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

11 1747/Ahd/2016 of addition on account of 7 parties 2011- ITA 84,23,956 Revenue 1 & 2 12 248/Ahd/2016 2011- IT(SS) A Confirmation Assessee 1 & 2 12 1748/Ahd/2016 of addition on account of 7 parties 2012- ITA 42,91,02,036 Revenue 1 & 2 13 249/Ahd/2016 2012- IT(SS) A Confirmation Assessee 1 & 2 13 1749/Ahd/2016 of addition

JMC PROJECTS (INDIA) LTD.,,AHMEDABAD vs. THE ACIT.,(OSD)-I,RANGE-4,, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

11 1747/Ahd/2016 of addition on account of 7 parties 2011- ITA 84,23,956 Revenue 1 & 2 12 248/Ahd/2016 2011- IT(SS) A Confirmation Assessee 1 & 2 12 1748/Ahd/2016 of addition on account of 7 parties 2012- ITA 42,91,02,036 Revenue 1 & 2 13 249/Ahd/2016 2012- IT(SS) A Confirmation Assessee 1 & 2 13 1749/Ahd/2016 of addition

THE ACIT,(OSD)-I,RANGE-4,, AHMEDABAD vs. JMC PROJECTS (INDIA) LTD.,, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

11 1747/Ahd/2016 of addition on account of 7 parties 2011- ITA 84,23,956 Revenue 1 & 2 12 248/Ahd/2016 2011- IT(SS) A Confirmation Assessee 1 & 2 12 1748/Ahd/2016 of addition on account of 7 parties 2012- ITA 42,91,02,036 Revenue 1 & 2 13 249/Ahd/2016 2012- IT(SS) A Confirmation Assessee 1 & 2 13 1749/Ahd/2016 of addition

JMC PROJECTS (INDIA) LIMITED,,AHMEDABAD vs. THE DY. CIT, CENTRAL CIRCLE-1(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

11 1747/Ahd/2016 of addition on account of 7 parties 2011- ITA 84,23,956 Revenue 1 & 2 12 248/Ahd/2016 2011- IT(SS) A Confirmation Assessee 1 & 2 12 1748/Ahd/2016 of addition on account of 7 parties 2012- ITA 42,91,02,036 Revenue 1 & 2 13 249/Ahd/2016 2012- IT(SS) A Confirmation Assessee 1 & 2 13 1749/Ahd/2016 of addition

THE ACIT,(OSD)-I,RANGE-4,, AHMEDABAD vs. JMC PROJECTS (INDIA) LTD.,, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

11 1747/Ahd/2016 of addition on account of 7 parties 2011- ITA 84,23,956 Revenue 1 & 2 12 248/Ahd/2016 2011- IT(SS) A Confirmation Assessee 1 & 2 12 1748/Ahd/2016 of addition on account of 7 parties 2012- ITA 42,91,02,036 Revenue 1 & 2 13 249/Ahd/2016 2012- IT(SS) A Confirmation Assessee 1 & 2 13 1749/Ahd/2016 of addition

JMC PROJECTS (INDIA) LIMITED,,AHMEDABAD vs. THE DY. CIT, CENTRAL CIRCLE-1(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

11 1747/Ahd/2016 of addition on account of 7 parties 2011- ITA 84,23,956 Revenue 1 & 2 12 248/Ahd/2016 2011- IT(SS) A Confirmation Assessee 1 & 2 12 1748/Ahd/2016 of addition on account of 7 parties 2012- ITA 42,91,02,036 Revenue 1 & 2 13 249/Ahd/2016 2012- IT(SS) A Confirmation Assessee 1 & 2 13 1749/Ahd/2016 of addition

THE DY. CIT, CIRCLE-1(1)(2),, AHMEDABAD vs. JMC PROJECTS (INDIA) LIMITED,, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

11 1747/Ahd/2016 of addition on account of 7 parties 2011- ITA 84,23,956 Revenue 1 & 2 12 248/Ahd/2016 2011- IT(SS) A Confirmation Assessee 1 & 2 12 1748/Ahd/2016 of addition on account of 7 parties 2012- ITA 42,91,02,036 Revenue 1 & 2 13 249/Ahd/2016 2012- IT(SS) A Confirmation Assessee 1 & 2 13 1749/Ahd/2016 of addition

JMC PROJECTS (INDIA) LIMITED,,AHMEDABAD vs. THE DY. CIT, CENTRAL CIRCLE-1(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

11 1747/Ahd/2016 of addition on account of 7 parties 2011- ITA 84,23,956 Revenue 1 & 2 12 248/Ahd/2016 2011- IT(SS) A Confirmation Assessee 1 & 2 12 1748/Ahd/2016 of addition on account of 7 parties 2012- ITA 42,91,02,036 Revenue 1 & 2 13 249/Ahd/2016 2012- IT(SS) A Confirmation Assessee 1 & 2 13 1749/Ahd/2016 of addition

JMC PROJECTS (INDIA) LTD.,,AHMEDABAD vs. THE ACIT.,(OSD)-I,RANGE-4,, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

11 1747/Ahd/2016 of addition on account of 7 parties 2011- ITA 84,23,956 Revenue 1 & 2 12 248/Ahd/2016 2011- IT(SS) A Confirmation Assessee 1 & 2 12 1748/Ahd/2016 of addition on account of 7 parties 2012- ITA 42,91,02,036 Revenue 1 & 2 13 249/Ahd/2016 2012- IT(SS) A Confirmation Assessee 1 & 2 13 1749/Ahd/2016 of addition

JMC PROJECTS (INDIA) LIMITED,,AHMEDABAD vs. THE DY. CIT, CENTRAL CIRCLE-1(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

11 1747/Ahd/2016 of addition on account of 7 parties 2011- ITA 84,23,956 Revenue 1 & 2 12 248/Ahd/2016 2011- IT(SS) A Confirmation Assessee 1 & 2 12 1748/Ahd/2016 of addition on account of 7 parties 2012- ITA 42,91,02,036 Revenue 1 & 2 13 249/Ahd/2016 2012- IT(SS) A Confirmation Assessee 1 & 2 13 1749/Ahd/2016 of addition