BALDEVBHAI LALABHAI LUHAR,AHMEDABAD vs. INCOME TAX OFFICER, WARD-1(1)(2), PRATYAKSHAR BHAVAN,AHMEDABAD

In the result, the ground no

Bench: Shri Siddhartha Nautiyal & Shri Makarand Vasant Mahadeokar

bogus purchases. It may be deleted. 3. In law, on the facts and circumstances of the case, the Assessing Officer has grossly erred in initiating the proceedings for levy of penalty u/s.271(1)(c) when Baldevbhai L Luhar vs. ITO Asst.Year 2015-16 - 2– no such penalty is leviable. The proceedings are wrongly initiated. He may be directed to withdraw

SHRI DIPESH PRABHUDAS KOTHARI, HUF,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-3(2),, AHMEDABAD

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

Bench: Shri Waseem Ahmed & Shri Tr Senthil Kumarआयकरअपीलसं./ Ita No. 2798/Ahd/2013 धििाधरणवरध/Asstt. Year: 2009-2010 Shri Dipesh Prabhudas Kothari Income Tax Officer, Huf, Vs. Ward 3(2), 315, Astodia, Ahmedabad. Rangati Bazar, Ahmedabad-380002. Pan: Aabhk2547P

undisclosed purchases should not exceed beyond 1% of the bogus purchase. However, since the allegation before us is that the assessee has shown bogus purchases, thus we are of the view that the profit shown by the assessee in the books of accounts cannot be adopted. As such, we are of the view that

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

undisclosed cash transactions of earlier years provide basis for extrapolation. He also contended that assessee’s involvement in fraudulent activities, itself is violation of section 13. 7. We have heard the rival contentions and noted that Trustees were found to be receiving portions of staff salaries back in cash after payments were made via cheques. Blank bearer cheques were collected

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

undisclosed cash transactions of earlier years provide basis for extrapolation. He also contended that assessee’s involvement in fraudulent activities, itself is violation of section 13. 7. We have heard the rival contentions and noted that Trustees were found to be receiving portions of staff salaries back in cash after payments were made via cheques. Blank bearer cheques were collected

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

undisclosed cash transactions of earlier years provide basis for extrapolation. He also contended that assessee’s involvement in fraudulent activities, itself is violation of section 13. 7. We have heard the rival contentions and noted that Trustees were found to be receiving portions of staff salaries back in cash after payments were made via cheques. Blank bearer cheques were collected

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

undisclosed cash transactions of earlier years provide basis for extrapolation. He also contended that assessee’s involvement in fraudulent activities, itself is violation of section 13. 7. We have heard the rival contentions and noted that Trustees were found to be receiving portions of staff salaries back in cash after payments were made via cheques. Blank bearer cheques were collected

PARUL UNIVERSITY,VADODARA vs. THE DY.CIT,EXEMPTION CIRCLE-1, AHMEDABAD

Appeals are allowed

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

undisclosed cash transactions of earlier years provide basis for extrapolation. He also contended that assessee’s involvement in fraudulent activities, itself is violation of section 13. 7. We have heard the rival contentions and noted that Trustees were found to be receiving portions of staff salaries back in cash after payments were made via cheques. Blank bearer cheques were collected

ACIT CC 2(3) AHMEDABAD, AHMEDABAD vs. AISHA DHIRAJ GOGIA, AHMEDABAD

In the result: 50. To summarize the final outcome:

Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinha["ी संजय गग", "ाियक सद" एवं "ी नरे" साद िस!ा, लेखा सद" के सम#।]

income. IT(SS)A No78/Ahd/2024 & 74 Others (including Cos) Anuradha Shivkumar Gogia & Others Asst.Year : 2015-16 & Others 34 3) In the facts and on the circumstances of the case and in law, the ld. CIT(A) has erred in deleting the addition of undisclosed investment u/s.69 r.w.s.115BBE of Rs.2,93,57,000/-on account of on-money payment for purchase

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

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

undisclosed income or irregularities that warrant reassessment. The case of Vijaykumar D. Agarwal(supra) is especially pertinent here, as it involved a similar scenario where no new incriminating evidence was found during the search. In the present case, the AR demonstrated that the purchases and vendors in question were part of the regular accounting, and no list of unverified

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

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

undisclosed income or irregularities that warrant reassessment. The case of Vijaykumar D. Agarwal(supra) is especially pertinent here, as it involved a similar scenario where no new incriminating evidence was found during the search. In the present case, the AR demonstrated that the purchases and vendors in question were part of the regular accounting, and no list of unverified

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

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

undisclosed income or irregularities that warrant reassessment. The case of Vijaykumar D. Agarwal(supra) is especially pertinent here, as it involved a similar scenario where no new incriminating evidence was found during the search. In the present case, the AR demonstrated that the purchases and vendors in question were part of the regular accounting, and no list of unverified

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

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

undisclosed income or irregularities that warrant reassessment. The case of Vijaykumar D. Agarwal(supra) is especially pertinent here, as it involved a similar scenario where no new incriminating evidence was found during the search. In the present case, the AR demonstrated that the purchases and vendors in question were part of the regular accounting, and no list of unverified

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

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

undisclosed income or irregularities that warrant reassessment. The case of Vijaykumar D. Agarwal(supra) is especially pertinent here, as it involved a similar scenario where no new incriminating evidence was found during the search. In the present case, the AR demonstrated that the purchases and vendors in question were part of the regular accounting, and no list of unverified

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

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

undisclosed income or irregularities that warrant reassessment. The case of Vijaykumar D. Agarwal(supra) is especially pertinent here, as it involved a similar scenario where no new incriminating evidence was found during the search. In the present case, the AR demonstrated that the purchases and vendors in question were part of the regular accounting, and no list of unverified

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

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

undisclosed income or irregularities that warrant reassessment. The case of Vijaykumar D. Agarwal(supra) is especially pertinent here, as it involved a similar scenario where no new incriminating evidence was found during the search. In the present case, the AR demonstrated that the purchases and vendors in question were part of the regular accounting, and no list of unverified

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

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

undisclosed income or irregularities that warrant reassessment. The case of Vijaykumar D. Agarwal(supra) is especially pertinent here, as it involved a similar scenario where no new incriminating evidence was found during the search. In the present case, the AR demonstrated that the purchases and vendors in question were part of the regular accounting, and no list of unverified

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

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

undisclosed income or irregularities that warrant reassessment. The case of Vijaykumar D. Agarwal(supra) is especially pertinent here, as it involved a similar scenario where no new incriminating evidence was found during the search. In the present case, the AR demonstrated that the purchases and vendors in question were part of the regular accounting, and no list of unverified

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

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

undisclosed income or irregularities that warrant reassessment. The case of Vijaykumar D. Agarwal(supra) is especially pertinent here, as it involved a similar scenario where no new incriminating evidence was found during the search. In the present case, the AR demonstrated that the purchases and vendors in question were part of the regular accounting, and no list of unverified

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

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

undisclosed income or irregularities that warrant reassessment. The case of Vijaykumar D. Agarwal(supra) is especially pertinent here, as it involved a similar scenario where no new incriminating evidence was found during the search. In the present case, the AR demonstrated that the purchases and vendors in question were part of the regular accounting, and no list of unverified