CHIRAG ISHWARBHAI PATEL,AHMEDABAD vs. THE ITO, WARD-3(3)(6), AHMEDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Ms Madhumita Royआयकर अपील सं./Ita No. 1182 & 1192/Ahd/2019 िनधा"रण वष"/Asstt. Year: 2010-11 Chirag Ishwarbhai Patel, I.T.O., 49 Dharamanth Prabhu Society, Vs. Ward-3(3)(6), Near Adishawar Society, Ahmedabad. Nikol Road, Naroda, Ahmedabad.

purchases from him, reopening notice against assesses was justified" 2.4. Further, the appellant has also not brought any specific evidences suggesting that this issue was considered in original Assessment Proceedings. The Hon'ble Gujarat High Court in the case of Praful Chunilal Patel v/s ACIT, 236 ITR 832 (Guj) has held as under: j "Section 147 of the Income

THE ITO, WARD-1(2)(3), AHMEDABAD vs. MOHAMMEDARIF IBRAHIMBHAI SHAIKH, AHMEDABAD

Bench: Shri Pramod M Jagtap & Ms. Madhumita Roy

144 of the Act also for finalizing assessment under Best Judgment Assessment, disallowance of Rs.1,25,63,451/- was proposed whereas ultimate disallowance was made to the tune of Rs.4,62,50,000/- under Section 40A(3) of the Act violating the principle of natural justice which vitiates the entire proceeding. (ii) On merit as the word ‘livestock” clearly mentioned

THE ITO, WARD-1(2)(3), AHMEDABAD vs. MOHAMMEDARIF IBRAHIMBHAI SHAIKH, AHMEDABAD

Bench: Shri Pramod M Jagtap & Ms. Madhumita Roy

144 of the Act also for finalizing assessment under Best Judgment Assessment, disallowance of Rs.1,25,63,451/- was proposed whereas ultimate disallowance was made to the tune of Rs.4,62,50,000/- under Section 40A(3) of the Act violating the principle of natural justice which vitiates the entire proceeding. (ii) On merit as the word ‘livestock” clearly mentioned

M/S. MORAKHIA COPPER & ALLOYS PVT. LTD.,,AHMEDABAD vs. ACIT, CIRCLE-2(1)(2), AHMEDABAD

In the result, the appeal of the assessee is dismissed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./Ita No. 161/Ahd/2019 िनधा"रण वष"/Asstt. Year: 2011-12 M/S. Morakhia Copper & Alloys Pvt. A.C.I.T., Ltd., Vs. Tax, Circle-2(1)(2), 12, 2Nd Floor, B Wing, Ahmedabad. Mardia Plaza, C.G. Road, Ahmedabad-380006. Pan: Aaacm3439J

bogus purchases shown by the assessee cannot be treated as income of the assessee. What should be brought to tax is the income earned by the assessee whether it was from legal or illegal source. Accordingly the ITAT estimated the amount of profit embedded in such purchases. But the estimation of profit does not lead to draw that the assessee

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

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

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

144 27-12-2010, 29- 07/07/2011 09-04-2009 r.w.s. 03-2014 153A(1)(b) 2009-10 29/09/2009 28/09/2010 143(3) r.w.s. 28/03/2014 16/05/2016 153A(1)(b) 2010-11 09/10/2010 28/09/2011 143(3) r.w.s. 28/03/2014 17/05/2016 153A(1)(b) 2011-12 29/09/2011 26/11/2012 143(3) r.w.s. 28/03/2014 18/05/2016 153A(1)(b) 2012-13 29/09/2012 24/11/2012 143(3) r.w.s. 28/03/2014 19/05/2016

RAVIKUMAR KAMLESHBHAI SHAH,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD -5(2)(1), AHMEDABAD

In the result, the appeal of the assessee is allowed

Bench: SHRI WASEEM AHMED (Accountant Member), MS. MADHUMITA ROY (Judicial Member)

purchase and corresponding bogus cash sales. As the assessee could not prove the genuineness of the retail sale shown, which as per assessee is the basis of mounting cash in hand, and also the efforts made by this office by issuing notices u/s.133(6) of the IT Act were failed due to non-confirmation from the parties with whom sales/purchases