SHRI ASHOKJI CHANDUJI THAKOR,,AHMEDABAD vs. THE ITO, WARD-3(3)(1), AHMEDABAD

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1,125 per sq.yd 4,58,74,125/- Rs.58,74,125/- received on 05.03.05. ITA No. 210/Ahd/2020 & 08 others Shri Rohitji Chanduji Thakore vs. ITO Asst. Years –2005-06 to 2011-12 Page-49: These are agreement dated 22.01.05 on plain paper for the block no.73 situated at Bopal admeasuring to 10,000 sq.yd. at the rate of Rs.33

SHRI ROHITJI CHANDUJI THAKOR,,AHMEDABAD vs. THE ITO, WARD-3(3)(1), AHMEDABAD

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1,125 per sq.yd 4,58,74,125/- Rs.58,74,125/- received on 05.03.05. ITA No. 210/Ahd/2020 & 08 others Shri Rohitji Chanduji Thakore vs. ITO Asst. Years –2005-06 to 2011-12 Page-49: These are agreement dated 22.01.05 on plain paper for the block no.73 situated at Bopal admeasuring to 10,000 sq.yd. at the rate of Rs.33

SHRI ASHOKJI CHANDUJI THAKOR,,AHMEDABAD vs. THE ITO, WARD-3(3)(1), AHMEDABAD

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1,125 per sq.yd 4,58,74,125/- Rs.58,74,125/- received on 05.03.05. ITA No. 210/Ahd/2020 & 08 others Shri Rohitji Chanduji Thakore vs. ITO Asst. Years –2005-06 to 2011-12 Page-49: These are agreement dated 22.01.05 on plain paper for the block no.73 situated at Bopal admeasuring to 10,000 sq.yd. at the rate of Rs.33

SHRI ASHOKJI CHANDUJI THAKOR,,AHMEDABAD vs. THE ITO, WARD-3(3)(1), AHMEDABAD

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1,125 per sq.yd 4,58,74,125/- Rs.58,74,125/- received on 05.03.05. ITA No. 210/Ahd/2020 & 08 others Shri Rohitji Chanduji Thakore vs. ITO Asst. Years –2005-06 to 2011-12 Page-49: These are agreement dated 22.01.05 on plain paper for the block no.73 situated at Bopal admeasuring to 10,000 sq.yd. at the rate of Rs.33

SHRI ASHOKJI CHANDUJI THAKOR,,AHMEDABAD vs. THE ITO, WARD-3(3)(1), AHMEDABAD

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1,125 per sq.yd 4,58,74,125/- Rs.58,74,125/- received on 05.03.05. ITA No. 210/Ahd/2020 & 08 others Shri Rohitji Chanduji Thakore vs. ITO Asst. Years –2005-06 to 2011-12 Page-49: These are agreement dated 22.01.05 on plain paper for the block no.73 situated at Bopal admeasuring to 10,000 sq.yd. at the rate of Rs.33

SHRI ASHOKJI CHANDUJI THAKOR,,AHMEDABAD vs. THE ITO, WARD-3(3)(1), AHMEDABAD

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1,125 per sq.yd 4,58,74,125/- Rs.58,74,125/- received on 05.03.05. ITA No. 210/Ahd/2020 & 08 others Shri Rohitji Chanduji Thakore vs. ITO Asst. Years –2005-06 to 2011-12 Page-49: These are agreement dated 22.01.05 on plain paper for the block no.73 situated at Bopal admeasuring to 10,000 sq.yd. at the rate of Rs.33

SHRI ASHOKJI CHANDUJI THAKOR,,AHMEDABAD vs. THE ITO, WARD-3(3)(1), AHMEDABAD

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1,125 per sq.yd 4,58,74,125/- Rs.58,74,125/- received on 05.03.05. ITA No. 210/Ahd/2020 & 08 others Shri Rohitji Chanduji Thakore vs. ITO Asst. Years –2005-06 to 2011-12 Page-49: These are agreement dated 22.01.05 on plain paper for the block no.73 situated at Bopal admeasuring to 10,000 sq.yd. at the rate of Rs.33

AARK INFOSOFT PRIVATE LIMITED,AHMEDABAD vs. THE ACIT, CIRCLE-1(1)(1), AHMEDABAD

The appeal of the assessee is allowed

Bench: Mrs. Annapurna Gupta & Ms. Suchitra R. Kambleिनधा"रण वष"/Assessment Year: 2017-18 Vs. Aark Infosoft Private Limited, The Acit, 45, Shetrunjay, 2Nd Floor, Above Circle-1(1)(1), Central Bank Of India, Bhattha Ahmedabad Cross Road, Paldi, Ahmedabad Gujarat-380007 Pan : Aahca 9986 H अपीलाथ" अपीलाथ"/ (Appellant) अपीलाथ" अपीलाथ" "" "" यथ" "" "" यथ" यथ"/ (Respondent) यथ" Assessee By : Shri Divyang Shah, Ar Revenue By : Shri Santosh Kumar, Sr. Dr सुनवाई क" तारीख/Date Of Hearing : 08.02.2024 घोषणा क" तारीख /Date Of Pronouncement: 21.02.2024 आदेश आदेश/O R D E R आदेश आदेश Per Annapurna Gupta: Present Appeal Has Been Filed By The Assessee Against Order Of The Commissioner Of Income-Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi [Hereinafter Referred To As "Cit(A)" For Short] Dated 27.07.2023 Passed Under Section 250 Of The Income-Tax Act, 1961 [Hereinafter Referred To As "The Act" For Short], For The Assessment Year (Ay) 2017-18. 2. The Grounds Raised By The Assessee Are As Under:- “1. Whether On The Facts & Circumstances Of The Case & In Law, Ld. Cit(A) Has Erred In Issuing A Notice U/S 143(2) Of The Act? 2. Whether On The Facts & In Circumstances Of The Case & In Law, Ld. Cit(A) Has Erred In Making Disallowance Of Employees' Contribution To Pf & Esic Of Rs.5,51,657/- U/S 36(1) (Va) Of The Act?

92-E, the 30th day of November of the assessment year; (b) in the case of a person other than a company, referred to in the first proviso to this sub-section, the 31st day of October of the assessment year; (c) in the case of any other assessee, the 31st day of July of the assessment year

ZYDUS LIFESCIENCES LIMITED (FORMERLY KNOWN AS CADILA HEALTHCARE LTD.),AHMEDABAD vs. THE DCIT, CIRCLE-1(1)(1), AHMEDABAD

In the result, appeal preferred by the assessee is allowed

Bench: Shri Waseem Ahmed & Ms. Madhumita Royआयकर अपील सं./I.T.A. No. 162/Ahd/2021 ("नधा"रण वष" / Assessment Years : 2016-17)

Capital Gain – [as per Return of income] Rs. 11,37,32,825/- D. Income from other sources [as per Return of income] Rs. 80,07,21,966/- Assessed Income Rs. 18,07,02,90,489/- Brought forward losses of Rs. 2,41,44,65,028/- Rs. Nil for A.Y. 2013-14 Adjusted fully by the Dept. while passing order

THE ASSTT. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), AHMEDABAD vs. SHRI KAILASH RAMAVATAR GOENKA, AHMEDABAD

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

capital gain. 6. The learned CIT(A) has erred in law and on facts of the case in not accepting the contention of the appellant that the amount of Rs. 1,00,00,000 received from Mr. Pawan Jalan was part of internal circulation and therefore, not unexplained receipt at all. 7. Alternatively and without prejudice, such

DCIT, CIRCLE-2(1)(1) AHMEDABAD, AHMEDABAD vs. ERIS LIFESCIENCE LIMITED SHIVARTH AMBIT, AHMEDABAD

In the result, for assessment year 2022-23, the appeal of the Department is partly allowed for statistical purposes

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

92,733/- received in respect of the assessee’s Guwahati Unit from the computation of book profit under section 115JB of the Act. The learned CIT(A) proceeded on the footing that such refund constituted a capital receipt and, following various judicial decisions including that of the Nagpur Bench of the Tribunal in Economic Explosives Ltd. v. ACIT

DCIE CIRCLE-2(1)(1), AHEMDABAD, VEJALPUR vs. ERIS LIFESCIENCES LIMITED SHIVARTH AMBIT, BODAKDEV AHMEDABAD

In the result, for assessment year 2022-23, the appeal of the Department is partly allowed for statistical purposes

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

92,733/- received in respect of the assessee’s Guwahati Unit from the computation of book profit under section 115JB of the Act. The learned CIT(A) proceeded on the footing that such refund constituted a capital receipt and, following various judicial decisions including that of the Nagpur Bench of the Tribunal in Economic Explosives Ltd. v. ACIT

ERIS LIFESCIENCES LIMITED,AHMEDABAD vs. NFAC, DELHI (PRESENT JURISDICTION - THE DY. CIT, CIRCLE-2(1)(1)), AHMEDABAD

In the result, for assessment year 2022-23, the appeal of the Department is partly allowed for statistical purposes

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

92,733/- received in respect of the assessee’s Guwahati Unit from the computation of book profit under section 115JB of the Act. The learned CIT(A) proceeded on the footing that such refund constituted a capital receipt and, following various judicial decisions including that of the Nagpur Bench of the Tribunal in Economic Explosives Ltd. v. ACIT

ERIS LIFESCIENCES LIMITED,AHMEDABAD vs. NFAC, DEHI (PRESENT JURISDICTION- THE DY.CIT, CIRCLE-2(1)(1)), AHMEDABAD

In the result, for assessment year 2022-23, the appeal of the Department is partly allowed for statistical purposes

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

92,733/- received in respect of the assessee’s Guwahati Unit from the computation of book profit under section 115JB of the Act. The learned CIT(A) proceeded on the footing that such refund constituted a capital receipt and, following various judicial decisions including that of the Nagpur Bench of the Tribunal in Economic Explosives Ltd. v. ACIT

DCIT CIRCLE-2(1)(1), AHMEDABAD, VEJALPUR vs. ERIS LIFESCIENCES LIMITED SHIVARTH AMBIT, BODAKDEV AHMEDABAD

In the result, for assessment year 2022-23, the appeal of the Department is partly allowed for statistical purposes

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

92,733/- received in respect of the assessee’s Guwahati Unit from the computation of book profit under section 115JB of the Act. The learned CIT(A) proceeded on the footing that such refund constituted a capital receipt and, following various judicial decisions including that of the Nagpur Bench of the Tribunal in Economic Explosives Ltd. v. ACIT

ERIS LIFESCIENCES LIMITED,AHMEDABAD vs. NFAC, DELHI (PRESENT JURISDICTION- THE DY. CIT, CIRCLE-2(1)(1)), AHMEDABAD

In the result, for assessment year 2022-23, the appeal of the Department is partly allowed for statistical purposes

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

92,733/- received in respect of the assessee’s Guwahati Unit from the computation of book profit under section 115JB of the Act. The learned CIT(A) proceeded on the footing that such refund constituted a capital receipt and, following various judicial decisions including that of the Nagpur Bench of the Tribunal in Economic Explosives Ltd. v. ACIT

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

92,326/- ---------------------- Grand Total Rs.15,21,75,433/- --------------------- 3.1. Whereas the total amount disclosed in PMGKY Scheme was Rs.18,90,00,000/-. 3.2. The Ld.CIT(A), after giving due opportunity of being heard partly allowed the appeals of assessee and decided as follows: • In case of Parul Arogya Seva Mandal Trust

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

Appeals are allowed

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

92,326/- ---------------------- Grand Total Rs.15,21,75,433/- --------------------- 3.1. Whereas the total amount disclosed in PMGKY Scheme was Rs.18,90,00,000/-. 3.2. The Ld.CIT(A), after giving due opportunity of being heard partly allowed the appeals of assessee and decided as follows: • In case of Parul Arogya Seva Mandal Trust