THE MADHAVPURA MERCANTILE CO. OP. BANK LIMITED (UNDER LIQUIDATION),AHMEDABAD vs. THE ACIT, CIRCLE-1(1)(1), AHMEDABAD

The appeal of the assessee is partly allowed

Bench: Ms Suchitra Kamble & Shri Narendra Prasad Sinha

rectification proceeding u/s. 154 of the Act. 13. Per Contra Shri R P Rastogi, the Ld. CIT-DR, supported the order of the lower authorities. 14. We have considered the rival submissions. We don’t find any merit in the contention of the assessee that income derived on sale of depreciable

THE MADHAVPURA MERCANTILE CO. OP. BANK LIMITED (UNDER LIQUIDATION),AHMEDABAD vs. THE ACIT, CIRCLE-1(2), AHMEDABAD

The appeal of the assessee is partly allowed

Bench: Ms Suchitra Kamble & Shri Narendra Prasad Sinha

rectification proceeding u/s. 154 of the Act. 13. Per Contra Shri R P Rastogi, the Ld. CIT-DR, supported the order of the lower authorities. 14. We have considered the rival submissions. We don’t find any merit in the contention of the assessee that income derived on sale of depreciable

GHCL LIMITED,AHMEDABAD vs. THE DY.CIT, CENTRAL CIRCLE-1(2), AHMEDABAD

In the result, the appeal of the assessee is allowed

Bench: Dr. B.R.R. Kumar, Vice-Shri T.R. Senthil Kumar

depreciation and business loss aggregating to Rs.150,21,12,383/- had crystalized on 30-08-2017 i.e. the date of Order u/s. 154 rectifying order u/s. 143(1) dated 04-11-2016 and therefore is very much a part of assessment record. Thus, the mistake is apparent on the face of the assessment record. (ii) The above losses / UAD were

LAKHI ELECTRONICS PVT. LTD.,AHMEDABAD vs. ITO, WARD-2(1)(3), AHMEDABAD

In the result, this ground of appeal of the assessee is allowed for statistical purposes

depreciation was not given. The assessee has requested the Assessing Officer to rectify the same. However, the Assessing Officer vide letter dated 22nd August, 2016 rejected the application dated 11th July, 2016 on the ground that limitation for passing of order u/s. 154 of the I.T. Act had already been expired on 31st March, 2012. 4. Aggrieved assessee has filed

ACULIFE HEALTHCARE PVT. LTD.,AHMEDABAD vs. THE ACIT, CIRCLE-1(1)(1), AHMEDABAD

In the result, the appeal filed by the assessee is hereby allowed

Bench: Shri T.R. Senthil Kumar (Judicial Member), Shri Makarand Vasant Mahadeokar (Accountant Member)

rectification order was passed u/s. 154 of Act on 15-12-2022 assessing the total income at Rs.2,25,24,390/- thereby disallowing depreciation

ACULIFE HEALTHCARE PVT. LTD.,AHMEDABAD vs. THE ACIT, CIRCLE-1(1)(1), AHMEDABAD

In the result, the appeal filed by the assessee is hereby allowed

Bench: Shri T.R. Senthil Kumar (Judicial Member), Shri Makarand Vasant Mahadeokar (Accountant Member)

rectification order was passed u/s. 154 of Act on 15-12-2022 assessing the total income at Rs.2,25,24,390/- thereby disallowing depreciation

PATEL INN AND TRAVELS PRIVATE LIMITED,AHMEDABAD vs. THE JT.CIT(OSD), CIRCLE-3(1)(1), NOW THE ITO WARD-3(1)(1), AHMEDABAD

In the result, the appeal preferred by the assessee is allowed

Bench: Ms. Suchitra Raghunath Kamble, Judical Member & Shri Narendra Prasad Sinhaआयकर अपील सं./I.T.A. No. 814/Ahd/2023 (िनधा"रण वष" िनधा"रण वष" िनधा"रण वष" / Assessment Year : 2011-12) िनधा"रण वष" Patel Inn & Travels The Jt.Cit(Osd) बनाम बनाम/ बनाम बनाम Circle-3(1)(1), Ahmedabad Private Limited Vs. 59, Op. Rural Police Head Quarters, B/H. S. G. Now The Ito, Ward- Highway, Makarba Road, 3(1)(1), Ahmedabad Ahmedabad, Gujarat, 380054 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aadcp9068M (Appellant) .. (Respondent) Ms. Urvashi Shodhan, Ar अपीलाथ" ओर से /Appellant By : ""यथ" क" ओर से/Respondent By : Shri J L Bhatia, Sr. Dr Date Of Hearing 25/07/2024 29/07/2024 Date Of Pronouncement O R D E R Per Shri Narendra Prasad Sinha, Am: This Appeal Is Filed By The Assessee Against The Order Of The National Faceless Appeal Centre (Nfac), Delhi, (In Short ‘The Cit(A)’) Dated 22.08.2023 For The Assessment Year 2011-12. 2. The Brief Facts Of The Case Are That The Original Return Of Income For A.Y. 2011-12 Was Filed By The Assessee On 30.09.2011 Declaring Total Income Of Rs.81,08,580/-. Subsequently, The Assessee Had Filed A Revised Return On 17.02.2012 Declaring Total Income Of Rs.68,93,150/-. The Assessment Was

rectification of order passed u/s 143(3) (2) The LD. CITIA), NEAC has erred in law and on facts in dismissing the appeal of the assessee in as much as the order u/s 154 passed by Id. it Commissioner of Income Tax (OSD), CIR 3(1)(1), Ahmedabad is time barred under sub-section (7) of section 154

BAKERI PROJECTS PRIVATE LIMITED,AHMEDABAD vs. DCIT CIRCLE 1(1)(1), AHMEDABAD, AHMEDABAD

In the result, the appeal filed by the assessee is allowed

Bench: S/Shri Sanjay Garg & Makarand V.Mahadeokarasstt.Year : 2020-21 Bakeri Projects Pvt. Lt. The Dcit, Cir.(1)(1) 1St Floor, Sanskrut Vs. Ahmedabad. Old High Court Road Off: Ashram Road Ahmedabad. Pan : Aagcb 1864 L (Applicant) (Responent)

rectification u/s. 154 of the Act. 4. That the Ld. PCIT erred in assuming revisionary jurisdiction merely based on an issue, without independent identification of any specific error or omission in the assessment order and travelled beyond its contention in the order u/s.263 of the Act. ITA No.954 /Ahd/2025 5. That the Ld. PCIT failed to appreciate that the Assessing

ACIT, CIRCLE-1(1)(1), AHMEDABAD, VEJALPUR, AHMEDABAD vs. AIA ENGINEERING LIMITED, AHMEDABAD

In the result, the appeal filed by the Revenue is dismissed, whereas the appeal filed by the assessee is allowed

Bench: Mrs. Annapurna Gupta & Shri T.R. Senthil Kumarआयकर अपील सं / Ita No. 397/Ahd/2024 िनधा"रण वष"/Assessment Year: 2016-17 बनाम Aia Engineering Limited, Dcit Vs. 115, Gvmm Estate, Odhav Road, Circle-1(1)(1), Odhav, Ahmedabad-382415 Ahmedabad Pan : Aabca 2777 J आयकर अपील सं / Ita No. 532/Ahd/2024 िनधा"रणवष"/Assessment Year: 2016-17 बनाम Aia Engineering Limited, Acit, Vs. 115, Gvmm Estate, Odhav Road, Circle-1(1)(1), Odhav, Ahmedabad-382415 Ahmedabad Pan : Aabca 2777 J अपीलाथ" अपीलाथ"/ (Appellant) अपीलाथ" अपीलाथ" "" "" यथ" "" "" यथ" यथ"/ (Respondent) यथ" िनधा"रती की ओर से / Assessee By : Shri Tushar Hemani, Sr. Advocate & Shri Parimalsinh B. Parmar, Ar ""थ" की ओर से / Revenue By : Shri Pratik Sharma, Sr Dr & Shri Sudhendu Das, Cit-Dr तारीख/Date Of Hearing : 09.10.2024 सुनवाई क" क" तारीख सुनवाई सुनवाई सुनवाई क" क" तारीख तारीख घोषणा क" क" तारीख तारीख /Date Of Pronouncement: 21.10.2024 घोषणा घोषणा घोषणा क" क" तारीख तारीख आदेश आदेश/O R D E R आदेश आदेश

rectification order u/s 154 dt. 06.02.2020) being taxable income of M/s Vega Industries (Middle East), FZC, UAE ("Vega ME") as proprietary concern of the assessee?" 2. Whether the CIT(A) has erred both on facts and in law in deleting the disallowance of excess claim of depreciation

NIRMA LIMITED,AHMEDABAD vs. THE DCTI , CIRCLE-3(1)(1) NOW DCIT, CENTRAL CIRCLE-2(2), AHMEDABAD

Appeal of the assessee is allowed

Bench: Mrs. Annapurna Gupta & Ms. Suchitra R. Kambleिनधा"रण वष"/Assessment Year: 2013-14 Nirma Limited, The Dy. Commissioner Of Vs. Nirma House, Ashram Road, Income-Tax, Ahmedabad-380 009 Circle-3(1)(1), Pan : Aaacn 5350 K Ahmedabad-380009 अपीलाथ" अपीलाथ"/ (Appellant) अपीलाथ" अपीलाथ" "" "" यथ" "" "" यथ" यथ"/ (Respondent) यथ" Assessee By : Shri Bandish Soparkar, Ar Revenue By : Shri Sanjay Kumar, Sr Dr सुनवाई क" तारीख/Date Of Hearing : 11.07.2024 घोषणा क" तारीख /Date Of Pronouncement: 09.10.2024 आदेश आदेश/O R D E R आदेश आदेश Per Annapurna Gupta: Present Appeal Has Been Filed By The Assessee Against The Order Of The Commissioner Of Income-Tax (Appeals)-12, Ahmedabad [Hereinafter Referred To As "Cit(A)" For Short] Dated 10.04.2023 Passed Under Section 250 Of The Income-Tax Act, 1961 [Hereinafter Referred To As "The Act" For Short], For The Assessment Year (Ay) 2013-14. 2. The Effective Ground Raised By The Assessee Is As Follows:-

Rectification application by Assessee to correct error in OGE 32-33 1. TDS is short granted. 2. Interest u/s 234C will be revised. 3. Interest u/s 244A not granted 154 der passed to correct error 15.03.2018 24-27 1. TDS is to be granted 2. Depreciation

KHIMJI RAMDAS INDIA PRIVATE LIMITED,AHMEDABAD vs. THE ITO, WARD-2(1)(2) PRESENT JURIDICTION THE DCIT, CIRCLE-2(1)(1), AHMEDABAD

In the result, the appeal of the assessee is partly allowed for statistical purposes

Bench: Smt.Annapurna Guptaआयकर अपील सं / Ita No.500/Ahd/2023 िनधा"रण वष"/Assessment Year: 2014-15 बनाम बनाम बनाम बनाम Khimji Ramdas India Pvt. Ltd., The Ito, Ward-2(1)(2), 2Nd Floor, City Square Godrej Ahmedabad, Vs. Garden City, Jagatpur, Present Jurisdiction Ahmedabad-382470 The Dcit, Pan : Aadck 6056 C Circle-2(1)(1), Ahmedabad अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) िनधा"रती की ओर से / Assessee By : Shri Aatish Shah, Ar & Shri Anil N. Shah, Ar ""थ" की ओर से / Revenue By: Shri Hishikes Hemant Patki, Sr Dr सुनवाई क" तारीख/Date Of Hearing : 22/07/2024 घोषणा क" तारीख /Date Of Pronouncement: 24/07/2024 आदेश आदेश/O R D E R आदेश आदेश The Present Appeal Has Been Filed By The Assessee Against Order Passed By The Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi [In Short Referred To As “Ld. Cit(A)”] Under Section 250 Of The Income Tax Act, 1961 [In Short Referred To As “The Act”] Dated 12.05.2023 Pertaining To Assessment Year (Ay) 2014-15. 2. Grounds Raised Are As Under:- “1. The Ld. Ao Wd. 2(1)(2) Has Erred In Law & On Facts In Passing The Impugned Order Which Is Bad In Law & Liable To Be Quashed & The Ld. Cit(Appeals) Have Similarly Cit(A) Have Erred In Law & On Facts In Confirming The Impugned Order Vide His Order Passed Us.250 Of The Income Tax Act, 1961 In Appeal Vide His Order Dtd.12-05-2023 Din & Order No.Itba/Nfac/S/250/2023-24/1052777862(1) Dtd. 12/05/2023. 2. The Ld. Cit(A) Has Erred In Law & On Facts Without Considering/Adjudicating

rectification of mistake apparent from the record in the order passed u/s 143(3) of the Act on the assessee. The mistake sought to be rectified, as is evident from the bare perusal of the order passed u/s 154 of the Act, is to the effect that the employees’ contribution to ESI and PF which was deposited delayed

CPL HOLDINGS LLP (SUCCESSOR TO CPL HOLDINGS PRIVATE LIMITED),AHMEDABAD vs. THE PR. CIT, AHMEDABAD-3, AHMEDABAD

In the result, the appeal of the assessee is dismissed

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinhaassessment Year: 2018-19

depreciation as disallowed by the Assessing Officer, that was subject matter of simple rectification u/s 154 of the Act and no revisional

BOCK COMPRESSORS INDIA PRIVATE,BENGALURU vs. THE DY. CIT, CIRCLE - 1(1)(1), VADODARA

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

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokarassessment Year 2020-21

u/s. 154 thereby giving effect to directions of the DRP. But as per the binding Section 144C(10), the Assessing Officer has to follow the I.T.A No. 1484/Ahd/2024 Bock Compressors India Pvt. Ltd., A.Y. 2020-21 direction of the DRP. The Ld. A.R. relied upon the decisions of Delhi Tribunal in case of M/s. Global One India

MADHU SILICA PVT. LTD.,BHAVNAGAR vs. THE DY.CIT, CIRCLE-1, BHAVNAGAR

In the result, appeal being ITA No

Bench: Dr. Brr Kumar & Ms. Suchitra Kambleita Nos. 701 & 702/Ahd/2024 Assessment Year 2014-15

depreciation was claimed at half rate i.e. 50%. The Assessing Officer denied claim u/s. 32AC on the ground that new asset for purpose of section 32AC will not include any plant and machinery, whole of actual cost of which is allowed as deduction (whether by deprecation or otherwise) in computing the income chargeable under the head profits and gains

MADHU SILICA PVT. LTD.,BHAVNAGAR vs. THE DY.CIT, CIRCLE-1, BHAVNAGAR

In the result, appeal being ITA No

Bench: Dr. Brr Kumar & Ms. Suchitra Kambleita Nos. 701 & 702/Ahd/2024 Assessment Year 2014-15

depreciation was claimed at half rate i.e. 50%. The Assessing Officer denied claim u/s. 32AC on the ground that new asset for purpose of section 32AC will not include any plant and machinery, whole of actual cost of which is allowed as deduction (whether by deprecation or otherwise) in computing the income chargeable under the head profits and gains

M/S. ASIAN PETROPRODUCTS & EXPORTS LTD.,,BARODA vs. THE ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-1(1),, BARODA

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Or At The Time Of Hearing Of This Appeal.”

154 of the Act. But, the appellant failed to submit any response to the notices issued by the AO. In the current appellate proceedings also, no compliance has been made. The nature of rectification carried out by the AO is also legally correct. Income Tax expenditure is required to be added, while computing book profit u/s 1153B. Similarly, the depreciation

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1), VADODARA vs. M/S SCHAEFFLER INDIA LTD(FORMERLY KNOWN AS INA BEARING INDIA PVT LTD), VADODARA

In the result, the appeal filed by the Revenue is hereby dismissed

Bench: DR. BRR Kumar (Vice President), Shri T. R. Senthil Kumar (Judicial Member)

depreciation (7,88,858) 4. After making above additions to the returned income, the learned AO assessed total income at Rs. 47,42,69,010 and determined tax demand of Rs. 5,07,81,560 on it. 5. Subsequently, the Asst. Commissioner of Income Tax, Circle 1(1)(1), Vadodara passed an order u/s 154 r.w.s 143(3) dated

THE ACIT, CIRCLE-3(3),, AHMEDABAD vs. SHRI MANISH RAICHAND SHAH,, AHMEDABAD

In the result, the appeal filed by the Revenue is allowed for statistical purpose

rectification u/s 154 was made by the Assessing Officer by disallowing depreciation and RTO tax & insurance expenses of Rs. 23,20,000/- and 40(a)(ia) disallowance

PARVINDAR INDAR SINGH,VADODARA vs. THE ACIT, CIRCLE-1(1)(1), VADODARA

In the result, the appeal filed by the Assessee in ITA No

Bench: Smt. Annapurna Gupta (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

rectification order passed under section 154 of the Act relating to the same Assessment Year 2013-14. I.T.A No. 1001 & 1002/Ahd/2025 A.Y. 2013-14 Page No 2 Parvindar Indar Singh vs. ACIT 2. Brief facts of the case is that the assessee is an individual and doctor by profession specializing in the field of cardiology. For the Asst. Year