DCIT CENTRAL CIRCLE 1(1), AHMEDABAD, GUJARAT vs. PRIYA BLUE INDUSTRIES PVT. LTD., GUJARAT

In the result the appeals filed by the Revenue in ITA No

Bench: Shri T.R. SENTHIL KUMAR (Judicial Member), Shri Narendra Prasad Sinha (Accountant Member)

271 AA of the Act We, therefore do not find any infirmity in the order of Ld. CIT(A) and the same is upheld" …………………. 5.8.2. The decision of the Hon'ble ITAT Chennai in the case Income-Tax Officer (OSD), Company Circle V (2), Chennai V. Generating Co. (P.) Ltd. 2011 (10) TMI 482-ITAT Chennai IT Appeal

DEPUTY COMMISSIONER OF INCOME -TAX, CENTRAL CIRCLE 1(1), AHMEDABAD, AHMEDABAD vs. PRIYA BLUE INDUSTRIES PVT. LTD, GUJARAT

In the result the appeals filed by the Revenue in ITA No

Bench: Shri T.R. SENTHIL KUMAR (Judicial Member), Shri Narendra Prasad Sinha (Accountant Member)

271 AA of the Act We, therefore do not find any infirmity in the order of Ld. CIT(A) and the same is upheld" …………………. 5.8.2. The decision of the Hon'ble ITAT Chennai in the case Income-Tax Officer (OSD), Company Circle V (2), Chennai V. Generating Co. (P.) Ltd. 2011 (10) TMI 482-ITAT Chennai IT Appeal

DEPUTY COMMISSIONER OF INCOME -TAX, CENTRAL CIRCLE-1(1), AHMEDABAD, GUJARAT vs. PRIYA BLUE INDUSTRIES PVT. LTD., GUJARAT

In the result the appeals filed by the Revenue in ITA No

Bench: Shri T.R. SENTHIL KUMAR (Judicial Member), Shri Narendra Prasad Sinha (Accountant Member)

271 AA of the Act We, therefore do not find any infirmity in the order of Ld. CIT(A) and the same is upheld" …………………. 5.8.2. The decision of the Hon'ble ITAT Chennai in the case Income-Tax Officer (OSD), Company Circle V (2), Chennai V. Generating Co. (P.) Ltd. 2011 (10) TMI 482-ITAT Chennai IT Appeal

DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE 1(1), GUJARAT vs. PRIYA BLUE INDUSTRIES PVT. LTD., GUJARAT

In the result the appeals filed by the Revenue in ITA No

Bench: Shri T.R. SENTHIL KUMAR (Judicial Member), Shri Narendra Prasad Sinha (Accountant Member)

271 AA of the Act We, therefore do not find any infirmity in the order of Ld. CIT(A) and the same is upheld" …………………. 5.8.2. The decision of the Hon'ble ITAT Chennai in the case Income-Tax Officer (OSD), Company Circle V (2), Chennai V. Generating Co. (P.) Ltd. 2011 (10) TMI 482-ITAT Chennai IT Appeal

M/S. RAJESH MALLEABLES LTD.,,AHMEDABAD vs. ITO, WARD-3(1)(3), AHMEDABAD

In the result the levy of the penalty for an amount of Rs

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./Ita No. 347/Ahd/2019 िनधा"रण वष"/Asstt. Year: 2012-13 M/S. Rajesh Malleables Ltd., Income-Tax Officer, C/O. Anuj Mehta, Vs. Ward-3(1)(3), Nandanvan Opp. Shapath Iv, Ahmedabad. Nr.Karnavati Club, S.G. Highway, Ahmedabad.

168 (SC) where in it is held that merely because the appellant had made claim which was not accepted or was not acceptable fully would not attract penalty u/s. 271(1)(c) of the Act. 14. On the other side the learned DR pointed out that the intention of the assessing officer to levy penalty was already communicated through

THE ACIT, CENTRAL CIRCLE-1(4),, AHMEDABAD vs. SHRI RAGHUBHAI B.VAGHELA, AHMEDABAD

In the result, this appeal of the assessee is also allowed

Bench: Shri Rajpal Yadav & Shri Manish Boradsn It(Ss)A/Ita No. Ay Appellant Respondent 2004-05 Acit, Shri Raghubhai B. Vaghela, 1034/Ahd/2013 Central Circle 1 (4), 8, Riddhi Siddhi Bunglows, Ahmedabad Sanand, Ahmedabad-382210 Pan : Afgpv 8496 N 2009-10 Revenue Assessee 1035/Ahd/2013 2010-11 Revenue Assessee 1036/Ahd/2013 4 It(Ss)A No. 2004-05 Assessee Revenue 153/Ahd/2014 5 It(Ss)A No. 2009-10 Assessee Revenue 154/Ahd/2014 6 It(Ss)A No. 2010-11 Assessee Revenue 155/Ahd/2014 7 It(Ss)A No. 2004-05 Assessee Revenue 36/Ahd/2016 8 It(Ss)A No. 2005-06 Assessee Revenue 37/Ahd/2016 9 It(Ss)A No. 2009-10 Assessee Revenue 38/Ahd/2016 10 It(Ss)A No. 2010-11 Assessee Revenue 39/Ahd/2016 Revenue By : Ms. Vibha Bhalla, Cit-Dr Assessee By : Shri Sakar Sharma, Ar सुनवाई क" तार"ख/Date Of Hearing : 03/05/2017 घोषणा क" तार"ख /Date Of Pronouncement: 11/05/2017 आदेश/O R D E R Per Bench :

168/-, Rs. 9,364/-, Rs. 1,72,619/- u/s 271(1)(c) of the Act for AY 2004-05, 2005-06 and 2009-10 respectively and Rs.29,300/- levied u/s. 271AAA of the Act for AY 2010-11. 14. First we take-up the appeals of the assessee against the order of ld. CIT(A) confirming the penalty levied

THE ACIT, CENTRAL CIRCLE-1(4),, AHMEDABAD vs. SHRI RAGHUBHAI B.VAGHELA, AHMEDABAD

In the result, this appeal of the assessee is also allowed

Bench: Shri Rajpal Yadav & Shri Manish Boradsn It(Ss)A/Ita No. Ay Appellant Respondent 2004-05 Acit, Shri Raghubhai B. Vaghela, 1034/Ahd/2013 Central Circle 1 (4), 8, Riddhi Siddhi Bunglows, Ahmedabad Sanand, Ahmedabad-382210 Pan : Afgpv 8496 N 2009-10 Revenue Assessee 1035/Ahd/2013 2010-11 Revenue Assessee 1036/Ahd/2013 4 It(Ss)A No. 2004-05 Assessee Revenue 153/Ahd/2014 5 It(Ss)A No. 2009-10 Assessee Revenue 154/Ahd/2014 6 It(Ss)A No. 2010-11 Assessee Revenue 155/Ahd/2014 7 It(Ss)A No. 2004-05 Assessee Revenue 36/Ahd/2016 8 It(Ss)A No. 2005-06 Assessee Revenue 37/Ahd/2016 9 It(Ss)A No. 2009-10 Assessee Revenue 38/Ahd/2016 10 It(Ss)A No. 2010-11 Assessee Revenue 39/Ahd/2016 Revenue By : Ms. Vibha Bhalla, Cit-Dr Assessee By : Shri Sakar Sharma, Ar सुनवाई क" तार"ख/Date Of Hearing : 03/05/2017 घोषणा क" तार"ख /Date Of Pronouncement: 11/05/2017 आदेश/O R D E R Per Bench :

168/-, Rs. 9,364/-, Rs. 1,72,619/- u/s 271(1)(c) of the Act for AY 2004-05, 2005-06 and 2009-10 respectively and Rs.29,300/- levied u/s. 271AAA of the Act for AY 2010-11. 14. First we take-up the appeals of the assessee against the order of ld. CIT(A) confirming the penalty levied

THE ACIT, CENTRAL CIRCLE-1(4),, AHMEDABAD vs. SHRI RAGHUBHAI B.VAGHELA, AHMEDABAD

In the result, this appeal of the assessee is also allowed

Bench: Shri Rajpal Yadav & Shri Manish Boradsn It(Ss)A/Ita No. Ay Appellant Respondent 2004-05 Acit, Shri Raghubhai B. Vaghela, 1034/Ahd/2013 Central Circle 1 (4), 8, Riddhi Siddhi Bunglows, Ahmedabad Sanand, Ahmedabad-382210 Pan : Afgpv 8496 N 2009-10 Revenue Assessee 1035/Ahd/2013 2010-11 Revenue Assessee 1036/Ahd/2013 4 It(Ss)A No. 2004-05 Assessee Revenue 153/Ahd/2014 5 It(Ss)A No. 2009-10 Assessee Revenue 154/Ahd/2014 6 It(Ss)A No. 2010-11 Assessee Revenue 155/Ahd/2014 7 It(Ss)A No. 2004-05 Assessee Revenue 36/Ahd/2016 8 It(Ss)A No. 2005-06 Assessee Revenue 37/Ahd/2016 9 It(Ss)A No. 2009-10 Assessee Revenue 38/Ahd/2016 10 It(Ss)A No. 2010-11 Assessee Revenue 39/Ahd/2016 Revenue By : Ms. Vibha Bhalla, Cit-Dr Assessee By : Shri Sakar Sharma, Ar सुनवाई क" तार"ख/Date Of Hearing : 03/05/2017 घोषणा क" तार"ख /Date Of Pronouncement: 11/05/2017 आदेश/O R D E R Per Bench :

168/-, Rs. 9,364/-, Rs. 1,72,619/- u/s 271(1)(c) of the Act for AY 2004-05, 2005-06 and 2009-10 respectively and Rs.29,300/- levied u/s. 271AAA of the Act for AY 2010-11. 14. First we take-up the appeals of the assessee against the order of ld. CIT(A) confirming the penalty levied

THE DY. CIT, CIRCLE-1(3),, BARODA vs. M/S. FINE LINE CIRCUIT COMPANY,, VADODARA

In the result, the appeal of the revenue is dismissed

section 271(1)(c) of the Act was on account of disallowance of deduction of Rs.2,13,73,473/- u/s 10B of the Act on account of the fact that the assessee had not received sales proceeds of Rs.2,13,73,473/- in convertible foreign exchange, as required u/s 10B(3), therefore, he was not eligible for deduction u/s

HAJIMOHMADSAFI ABDULREHMAN SHAIKH,VADODARA vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 2(1)(1), VADODARA

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

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

u/s. 68 of the Act to the extent of Rs.9,93,500/- treating the credits as unexplained. The addition of Rs.9,93,500/- being in complete disregard of available facts and the law is prayed to be deleted. 7. Your appellant craves leave to add, alter and/or to amend all or any of the grounds before the final hearing

HAJIMOHMADSAFI ABDULREHMAN SHAIKH,VADODARA vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 2(1)(1), VADODARA

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

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

u/s. 68 of the Act to the extent of Rs.9,93,500/- treating the credits as unexplained. The addition of Rs.9,93,500/- being in complete disregard of available facts and the law is prayed to be deleted. 7. Your appellant craves leave to add, alter and/or to amend all or any of the grounds before the final hearing

HAJIMOHMADSAFI ABDULREHMAN SHAIKH,VADODARA vs. DEPUTY COMISSIONER OF INCOME TAX, CIRCLE 2(1)(1), VADODARA

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

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

u/s. 68 of the Act to the extent of Rs.9,93,500/- treating the credits as unexplained. The addition of Rs.9,93,500/- being in complete disregard of available facts and the law is prayed to be deleted. 7. Your appellant craves leave to add, alter and/or to amend all or any of the grounds before the final hearing

HAJIMOHMADSAFI ABDULREHMAN SHAIKH,VADODARA vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 2(1)(1), VADODARA

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

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

u/s. 68 of the Act to the extent of Rs.9,93,500/- treating the credits as unexplained. The addition of Rs.9,93,500/- being in complete disregard of available facts and the law is prayed to be deleted. 7. Your appellant craves leave to add, alter and/or to amend all or any of the grounds before the final hearing

DHARAMTAR MOTORS SERVICES PETROLEUM PRODUCT,,AHMEDABAD vs. THE ITO, WARD-6(1)(4),, AHMEDABAD

In the results, both the appeals of the assessee are allowed

Bench: Shri Mahavir Prasad & Shri Waseem Ahmedआयकर अपील सं./Ita Nos. 1438 & 2534/Ahd/2017 "नधा"रण वष"/Asstt. Year: 2012-2013 M/S Dharamtar Motor Services Income Tax Officer, Petroleum Product, Vs. Ward 6(1)(4) C/O. Ketan H. Shah, Advocate 903, Ahmedabad. Sapphire Complex, C.G. Road, Navrangpura, Ahmedabad. Pan: Aabfd9182F

penalty order passed u/s 271(1)(c) of the Act (here-in-after referred to as "the Act") dt. 27/03/2015 and 29/09/2017 relevant to the Assessment Year 2012-2013. ITA nos.1438 & 2534/AHD/2017 Asstt. Year 2012-13 2 First, we take up ITA No.1438/Ahd/2017 for A.Y. 2012-13. The assessee has raised the following ground of appeal. The following grounds

KAUSHIK PRAVINCHANDRA GOHEL,BHAVNAGAR vs. THE ASSESSING OFFICER, WARD-1(2), BHAVNAGAR

In the result, the appeal of the assessee is allowed with respect to levy of penalty under Section 271(1)(b) of the Act for A

Bench: Smt. Annapurna Gupta& Shri Siddhartha Nautiyal

u/s 153A/143(3) of the Act for AY 2010-11 was untenable both on facts and in law.” 15. Accordingly, on going through the above report by the Investigation Wing and the order passed by ITAT, Mumbai Bench in the case of Renukamat Multi State Cooperative Union Credit Society Ltd. (supra), we are of the considered view that the assessee

KAUSHIK PRAVINCHANDRA GOHEL,BHAVNAGAR vs. THE ASSESSING OFFICER, WARD-1(2), BHAVNAGAR

In the result, the appeal of the assessee is allowed with respect to levy of penalty under Section 271(1)(b) of the Act for A

Bench: Smt. Annapurna Gupta& Shri Siddhartha Nautiyal

u/s 153A/143(3) of the Act for AY 2010-11 was untenable both on facts and in law.” 15. Accordingly, on going through the above report by the Investigation Wing and the order passed by ITAT, Mumbai Bench in the case of Renukamat Multi State Cooperative Union Credit Society Ltd. (supra), we are of the considered view that the assessee

KAUSHIK PRAVINCHANDRA GOHEL,BHAVNAGAR vs. THE ASSESSING OFFICER, WARD-1(2), BHAVNAGAR

In the result, the appeal of the assessee is allowed with respect to levy of penalty under Section 271(1)(b) of the Act for A

Bench: Smt. Annapurna Gupta& Shri Siddhartha Nautiyal

u/s 153A/143(3) of the Act for AY 2010-11 was untenable both on facts and in law.” 15. Accordingly, on going through the above report by the Investigation Wing and the order passed by ITAT, Mumbai Bench in the case of Renukamat Multi State Cooperative Union Credit Society Ltd. (supra), we are of the considered view that the assessee

KAUSHIK PRAVINCHANDRA GOHEL,BHAVNAGAR vs. THE ASSESSING OFFICER, WARD-1(2), BHAVNAGAR

In the result, the appeal of the assessee is allowed with respect to levy of penalty under Section 271(1)(b) of the Act for A

Bench: Smt. Annapurna Gupta& Shri Siddhartha Nautiyal

u/s 153A/143(3) of the Act for AY 2010-11 was untenable both on facts and in law.” 15. Accordingly, on going through the above report by the Investigation Wing and the order passed by ITAT, Mumbai Bench in the case of Renukamat Multi State Cooperative Union Credit Society Ltd. (supra), we are of the considered view that the assessee