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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1) of section 153A of the Act, in every case where there is a search or requisition, the Assessing Officer is obliged to issue notice to such person to furnish returns of income for the six years preceding the assessment year relevant to the previous year in which the search is conducted or requisition is made, any addition or disallowance

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1) of section 153A of the Act, in every case where there is a search or requisition, the Assessing Officer is obliged to issue notice to such person to furnish returns of income for the six years preceding the assessment year relevant to the previous year in which the search is conducted or requisition is made, any addition or disallowance

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1) of section 153A of the Act, in every case where there is a search or requisition, the Assessing Officer is obliged to issue notice to such person to furnish returns of income for the six years preceding the assessment year relevant to the previous year in which the search is conducted or requisition is made, any addition or disallowance

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1) of section 153A of the Act, in every case where there is a search or requisition, the Assessing Officer is obliged to issue notice to such person to furnish returns of income for the six years preceding the assessment year relevant to the previous year in which the search is conducted or requisition is made, any addition or disallowance

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1) of section 153A of the Act, in every case where there is a search or requisition, the Assessing Officer is obliged to issue notice to such person to furnish returns of income for the six years preceding the assessment year relevant to the previous year in which the search is conducted or requisition is made, any addition or disallowance

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1) of section 153A of the Act, in every case where there is a search or requisition, the Assessing Officer is obliged to issue notice to such person to furnish returns of income for the six years preceding the assessment year relevant to the previous year in which the search is conducted or requisition is made, any addition or disallowance

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

1) of section 153A of the Act, in every case where there is a search or requisition, the Assessing Officer is obliged to issue notice to such person to furnish returns of income for the six years preceding the assessment year relevant to the previous year in which the search is conducted or requisition is made, any addition or disallowance

MAHENDRA PATEL BUILDERS PVT. LTD.,VADODARA vs. THE DY.CIT, CENTRAL CIRCLE-2, VADODARA

Appeal is allowed for statistical purposes

sections": [ "153A", "143(3)", "69A", "37(1)", "36(1)(va)", "139", "132", "282A", "127A", "292B", "10(10D)" ], "issues": "1. Validity of assessment orders not digitally signed. 2. Allowability of insurance premium on directors' life policies as keyman insurance. 3. Disallowance

SHALIGRAM INFRA PROJECTS LLP ( LTD. LIABILITY PARTNERSHIP),AHMEDABAD vs. THE JCIT (OSD), CENTRAL CIRCLE-2(2), AHMEDABAD

Appeals are partly allowed

Bench: S/Shri T.R. Senthil Kumar & Makarand V.Mahadeokarit(Ss)A No.167/Ahd/2021 Asstt.Year : 2017-18 & Asst.Year : 2018-19 Shaligram Infra Projects Llp Vs. The Jcit (Osd) 4Th Floor, Office No.401-402 Central Cir.2(2) B/H. Dishman House Ahmedabad. Opp: Sankalp Grace Ii, Ambli Ahmedabad. Pan: Acpfs 7047 A It(Ss)A No.194,195 & 196/Ahd/2021 Asstt.Year : 2015-16, 2016-17 & 2017-18 & Asst.Year : 2018-19 The Jcit (Osd) Vs. Shaligram Infra Projects Llp Central Cir.2(2) 4Th Floor, Office No.401-402 Ahmedabad. B/H. Dishman House Opp: Sankalp Grace Ii, Ambli Ahmedabad.

153A, had disallowed interest under section 40A(2)(b) of the Act purely on the basis of the observations of the special auditor. The AO held that the assessee had paid interest at 15% to related parties, whereas interest to unrelated parties was paid at 9% to 12%, and therefore the excess 3% was disallowable. The details of such interest

THE DCIT, CENTRAL CIRCLE-2(2), AHMEDABAD vs. SHALIGRAM INFRA PROJECTS LLP , AHMEDABAD

Appeals are partly allowed

1)\ndeclaring total income of Rs.1,74,14,770 for A.Y. 2017–18 and\nRs.4,73,08,150 for A.Y. 2018–19. Consequent to notice under section 153A,\nfresh returns were filed declaring the same income. During assessment\nproceedings, the Assessing Officer invoked section 142(2A) and directed a\nspecial audit through M/s Talati & Talati LLP, who furnished their report

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

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

Disallowance of 2007- ITA 3,00,000 Assessee 1 Gift/Boni/Chandla 08 2815/Ahd/2011 Expenses Addition u/s 40(a)(ia) 2010- ITA 1,26,97,906 Assessee 2.1 for Import of Materials 11 1747/Ahd/2016 6. The assessee also raised following additional ground of appeal in case of A.Y. 2009-10 and A.Y. 2010-11 (ITA No. 1746 and 1747/Ahd/2016):– Appellant craves leave

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

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

Disallowance of 2007- ITA 3,00,000 Assessee 1 Gift/Boni/Chandla 08 2815/Ahd/2011 Expenses Addition u/s 40(a)(ia) 2010- ITA 1,26,97,906 Assessee 2.1 for Import of Materials 11 1747/Ahd/2016 6. The assessee also raised following additional ground of appeal in case of A.Y. 2009-10 and A.Y. 2010-11 (ITA No. 1746 and 1747/Ahd/2016):– Appellant craves leave

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

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

Disallowance of 2007- ITA 3,00,000 Assessee 1 Gift/Boni/Chandla 08 2815/Ahd/2011 Expenses Addition u/s 40(a)(ia) 2010- ITA 1,26,97,906 Assessee 2.1 for Import of Materials 11 1747/Ahd/2016 6. The assessee also raised following additional ground of appeal in case of A.Y. 2009-10 and A.Y. 2010-11 (ITA No. 1746 and 1747/Ahd/2016):– Appellant craves leave

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

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

Disallowance of 2007- ITA 3,00,000 Assessee 1 Gift/Boni/Chandla 08 2815/Ahd/2011 Expenses Addition u/s 40(a)(ia) 2010- ITA 1,26,97,906 Assessee 2.1 for Import of Materials 11 1747/Ahd/2016 6. The assessee also raised following additional ground of appeal in case of A.Y. 2009-10 and A.Y. 2010-11 (ITA No. 1746 and 1747/Ahd/2016):– Appellant craves leave

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

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

Disallowance of 2007- ITA 3,00,000 Assessee 1 Gift/Boni/Chandla 08 2815/Ahd/2011 Expenses Addition u/s 40(a)(ia) 2010- ITA 1,26,97,906 Assessee 2.1 for Import of Materials 11 1747/Ahd/2016 6. The assessee also raised following additional ground of appeal in case of A.Y. 2009-10 and A.Y. 2010-11 (ITA No. 1746 and 1747/Ahd/2016):– Appellant craves leave

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

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

Disallowance of 2007- ITA 3,00,000 Assessee 1 Gift/Boni/Chandla 08 2815/Ahd/2011 Expenses Addition u/s 40(a)(ia) 2010- ITA 1,26,97,906 Assessee 2.1 for Import of Materials 11 1747/Ahd/2016 6. The assessee also raised following additional ground of appeal in case of A.Y. 2009-10 and A.Y. 2010-11 (ITA No. 1746 and 1747/Ahd/2016):– Appellant craves leave

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

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

Disallowance of 2007- ITA 3,00,000 Assessee 1 Gift/Boni/Chandla 08 2815/Ahd/2011 Expenses Addition u/s 40(a)(ia) 2010- ITA 1,26,97,906 Assessee 2.1 for Import of Materials 11 1747/Ahd/2016 6. The assessee also raised following additional ground of appeal in case of A.Y. 2009-10 and A.Y. 2010-11 (ITA No. 1746 and 1747/Ahd/2016):– Appellant craves leave

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

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

Disallowance of 2007- ITA 3,00,000 Assessee 1 Gift/Boni/Chandla 08 2815/Ahd/2011 Expenses Addition u/s 40(a)(ia) 2010- ITA 1,26,97,906 Assessee 2.1 for Import of Materials 11 1747/Ahd/2016 6. The assessee also raised following additional ground of appeal in case of A.Y. 2009-10 and A.Y. 2010-11 (ITA No. 1746 and 1747/Ahd/2016):– Appellant craves leave