THE ACIT, CIRCLE-1(1)(1), VADODARA vs. GUJARAT URJA VIKAS NIGAM LIMITED, VADODARA

In the result, the appeal of the assessee is allowed for statistical purposes and the appeal filed by the Revenue is partly allowed for statistical purposes

Bench: Smt. Annapurna Gupta & Ms. Madhumita Roy

section 234A, 234B, 234C and 234D of the Income Tax Act, 1961. 4.0 The appellant craves leave to add to, alter, delete or modify any of the grounds of appeal either before or at the time of hearing of this appeal.” 4. Ground No.1:- This ground relates to disallowance

GUJARAT URJA VIKAS NIGAM LTD.,VADODARA vs. THE ACIT, CIRCLE-1(1)(1), VADODARA

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

Bench: Shri Ramit Kochar (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

section 234A, 234B, 234C and 234D of the Income Tax Act, 1961. 4.0 The appellant craves leave to add to, alter, delete or modify any of the grounds of appeal either before or at the time of hearing of this appeal. 5.1 At the outset, Ld. Counsel Shri Manish J. Shah appearing for the assessee submitted that the disallowance

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 1(1)(1), VADODARA vs. GUJARAT URJA VIKAS NIGAM LIMITED, VADODARA

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

Bench: Shri Ramit Kochar (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

section 234A, 234B, 234C and 234D of the Income Tax Act, 1961. 4.0 The appellant craves leave to add to, alter, delete or modify any of the grounds of appeal either before or at the time of hearing of this appeal. 5.1 At the outset, Ld. Counsel Shri Manish J. Shah appearing for the assessee submitted that the disallowance

GUJARAT URJA VIKAS NIGAM LTD.,VADODARA vs. THE DY.CIT, CIRCLE-1(1)(1), VADODARA

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

Bench: Shri Ramit Kochar (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

section 234A, 234B, 234C and 234D of the Income Tax Act, 1961. 4.0 The appellant craves leave to add to, alter, delete or modify any of the grounds of appeal either before or at the time of hearing of this appeal. 5.1 At the outset, Ld. Counsel Shri Manish J. Shah appearing for the assessee submitted that the disallowance

THE JT.CIT, (OSD)CIRCLE-1(1)(1), VADODARA vs. GUJARAT URJA VIKAS NIGAM LTD., VADODARA

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

Bench: Shri Ramit Kochar (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

section 234A, 234B, 234C and 234D of the Income Tax Act, 1961. 4.0 The appellant craves leave to add to, alter, delete or modify any of the grounds of appeal either before or at the time of hearing of this appeal. 5.1 At the outset, Ld. Counsel Shri Manish J. Shah appearing for the assessee submitted that the disallowance

THE ACIT,ANAND CIRCLE,, ANAND vs. NATIONAL DAIRY DEVELOPMENT BOARD, ANAND

In the result, Ground No. 7 of the assessee’s appeal is allowed for statistical purposes

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar

disallowance was required to be made. 8. The Hon'ble CIT (A) erred in confirming the interest charged under section 234B and 234D

NATIONAL DAIRY DEVELOPMENT BOARD,,ANAND vs. THE ASSTT. COMMISSIONER OF INCOME TAX, ANAND CIRCLE,, ANAND

In the result, Ground No. 7 of the assessee’s appeal is allowed for statistical purposes

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar

disallowance was required to be made. 8. The Hon'ble CIT (A) erred in confirming the interest charged under section 234B and 234D

THE DY.COMMISSIONER OF INCOME TAX.,ANAND CIRCLE,, ANAND vs. NATIONAL DAIRY DEVELOPMENT BOARD, ANAND

In the result, Ground No. 7 of the assessee’s appeal is allowed for statistical purposes

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar

disallowance was required to be made. 8. The Hon'ble CIT (A) erred in confirming the interest charged under section 234B and 234D

NATIONAL DAIRY DEVELOPMENT BOARD,,ANAND vs. THE ACIT.,ANAND CIRCLE,, ANAND

In the result, Ground No. 7 of the assessee’s appeal is allowed for statistical purposes

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar

disallowance was required to be made. 8. The Hon'ble CIT (A) erred in confirming the interest charged under section 234B and 234D

ANUPAM INDUSTRIES LIMITED,ANAND vs. THE ACIT, ANAND CIRCLE, ANAND

The appeal of the Department is dismissed

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

disallowed 10% of the expenses. The AO also held that in the absence of vouchers, bills or evidence for the expenditure, the addition of Rs. 5,59,39,900/- was made. Interest under sections 234A, 234B, 234C and 234D

ANUPAM INDUSTRIES LIMITED,ANAND vs. THE ACIT, ANAND CIRCLE, ANAND

The appeal of the Department is dismissed

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

disallowed 10% of the expenses. The AO also held that in the absence of vouchers, bills or evidence for the expenditure, the addition of Rs. 5,59,39,900/- was made. Interest under sections 234A, 234B, 234C and 234D

ANUPAM INDUSTRIES LIMITED,ANAND vs. THE ACIT, ANANAD CIRCLE, ANAND

The appeal of the Department is dismissed

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

disallowed 10% of the expenses. The AO also held that in the absence of vouchers, bills or evidence for the expenditure, the addition of Rs. 5,59,39,900/- was made. Interest under sections 234A, 234B, 234C and 234D

ASSISTANT COMMISSIONER OF INCOME TAX, ANAND CIRCLE, ANAND vs. ANUPAM INDUSTRIES LIMITED, ANAND

The appeal of the Department is dismissed

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

disallowed 10% of the expenses. The AO also held that in the absence of vouchers, bills or evidence for the expenditure, the addition of Rs. 5,59,39,900/- was made. Interest under sections 234A, 234B, 234C and 234D

GUJARAT STATE PETRONET LIMITED,GANDHINAGAR vs. DCIT, GANDHINAGAR CIRCLE, GANDHINAGAR, GANDHINAGAR

The appeal of the assessee is partly allowed

Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinhaassessment Year: 2016-17

Section 14A despite the fact that the Appellant had ample own funds to make investments. Judicial precedents, including rulings from the Hon'ble Supreme Court Jurisdictional High Court and the appellant's cases for A.Y. 2014-15 and 2015-16 confirm that no disallowance under Rule 8D(2)(il) is warranted in such situations Disallowance uls.144 r.w.r. 8D based

SHITAL VIPULKUMAR DHOLAKIA,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-1(1)(3), AHMEDABAD

In the result, the appeal filed by the assessee is allowed for statistical\npurposes

disallowance under Section 40A(3) was made without adequate investigation and without establishing the foundational facts necessary to invoke the provision. The Tribunal noted a lack of proper enquiry into the banking trail and financial transactions of the suppliers.", "result": "Allowed", "sections": [ "40A(3)", "143(3)", "133(6)", "250(4)", "270A", "271AAD", "234A", "234B", "234C", "234D

R. K. INDUSTRIES UNIT- II LLP,BHAVNAGAR vs. THE ACIT, CIRCLE-1, BHAVNAGAR

In the result, the appeal of the assessee is allowed

Bench: Shri Sanjay Garg & Makarand V. Mahadeokarasstt. Year: 2016-17 R.K. Industries Unit- Ii Llp Assistant 3Rd Floor Shree Ram House, Vs. Commissioner Of Khergada Street, Khargate, Income Tax, Circle-1, Bhavnagar – 364 001 Bhavnagar – 364 002 Pan: Aadfr 4127 N (Applicant) (Responent) : Shri Hiren Trivedi, Ar Assessee By : Revenue By Shri Santosh Kumar, Sr. Dr

disallowance of Rs. 2,88,13,592/- under section 36(1)(iii). The levy of interest under sections 234A, 234B, 234C and 234D

INTAS BIOPHARMACEUTICALS LTD.,,AHMEDABAD vs. THE DY.COMMISSIONER OF INCOME TAX, R-2(1)(1),, AHMEDABAD

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

Bench: Ms. Suchitra Kamble & Shri Makarand Vasant Mahadeokarassessment Year: 2012-13

disallowing exchange fluctuation debit to the extent of Rs.86,27,682/- considering the same to be of capitalized on account Capital WIP/Assets of the assessee company. Also, without prejudice, the appellant company submits that, in the event, there is any amount finally determined to be of capital nature, the depreciation allowance in respect of the same be eligible

AGNEE GAS AGENCY,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-5(3)(3), AHMEDABAD

In the result, the appeal of the assessee is allowed for statistical\npurposes

Bench: MS. SUCHITRA KAMBLE, JUDICIAL MEMBER\nAND\nSHRI MAKARAND V. MAHADEOKAR, ACCOUNTANT MEMBER\nआयकर अपील सं/ITA No.1604/Ahd/2024\nनिर्धारण वर्ष / Assessment Year : 2017-18\nAgnee Gas Agency\n13, Sukhram Chambers\nKhodiarnagar Char Rasta\nBapunagar\nAhmedabad - 380 024\nस्थायी लेखा सं./PAN: AAHFA 7561 M\nThe Income Tax Officer\nबनाम /\nWard-5(3)(3)\nv/s.\nAhmedabad\nअपीलार्थी/ (Appellant)\nप्रत्यर्थी / (Respondent)\nAssessee by:\nHardik Vora office\nRevenue by:\nShri Rignesh Das, Sr.DR\nसुनवाई क

section 234A,\n234B, 234C & 234D of the Act. The additions/disallowance made by the learned\nA.O. could not be predicted at the time of payment of advance tax. The learned\nA.O. should be directed to delete the said interest for alleged failure u/s.234A,\n234B, 234C & 234D of the Act.\nConsidering the aforesaid grounds the additions / disallowances