DHARMENBHAI MAHENDRABHAI SUTARIA,AHMEDABAD vs. ACIT, CENTRAL CIRCLE-1(2), AHMEDABAD

In the result appeal of the assessee is hereby allowed

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyalasstt. Sr.No.

263 CTR 362 (Guj). The co-ordinate bench Tribunal in Shailesh S Patel vs. ITO (2018) 97 taxmann.com 570 (Ahmedabad Trib.) has also reiterated the aforesaid pre-requisite for formation of 'satisfaction' for the purposes of Section 153C of the Act. No averment is found from the case records that the documents seized towards excess stock did belong

TRANSWIND COMMUNICATION ELECTRONICS PVT. LTD.,,AHMEDABAD vs. THE DY.CIT, (OSD), CIRCLE-8,, AHMEDABAD

In the result, assessee’s appeal is dismissed

Bench: Shri Amarjit Singh & Ms. Madhumita Roy

section 271(1)(c) but finally it was held that the assessee has furnished inaccurate particulars of income and therefore liability of penalty arises with the following manner: “4.6 In view of above facts and legal position discussed in the preceding paras, the assessee is held to have furnished inaccurate particulars of income and therefore the liability of penalty arises

DEVENDRA NARENDRABHAI THAKKER,,AHMEDABAD vs. ACIT, CIRCLE-5(2), AHMEDABAD

In the result, the appeal of the assessee is dismissed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./I.T.A. No. 762/Ahd/2018 ("नधा"रण वष" / Assessment Year : 2011-12) Devendra Narendrabhai Acit, बनाम/ Thakker, Cir – 5(2), Vs. C/O Maffick Logistics, 228, Ahmedabad. Akshar Arcade, Opp. Memnagar Fire Station, Navrangpura, Ahmedabad-14 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Abfpt 6354 E .. (अपीलाथ" /Appellant) (""यथ" / Respondent) अपीलाथ" ओर से / Appellant By : Shri Jyotish M. Shah, A.R. ""यथ" क" ओर से/Respondent By : Shri Prasoon Kabra, Sr.D.R.

section 54G of the Act. However, the AO in his assessment order passed u/s 143(3)/ 263 of the Act dated 30.08.2016 initiated the penalty proceedings u/s 271

MAHAVEER SINGH,AHMEDABAD vs. THE PCIT, AHMEDABAD-1, AHMEDABAD

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

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

Section 271AAC(1) in the reassessment order, however wrongly issued penalty notice u/s. 271(1)(c) of the Act. Therefore we are of the considered opinion, the revisionary jurisdiction invoked u/s. 263

SHRI VIJAY D. PATEL,,AHMEDABAD vs. THE CIT-7,, AHMEDABAD

section 271(1)(c) w.e.f. 1-4-2002 authorizing the commissioner also initiate penalty u/s 271(1)(c), the CIT still cannot direct the Assessing Officer to initiate I.T.A No. 2022/Ahd/2015 A.Y. 2008-09 Page No 13 Vijay D. Patel vs. CIT penalty proceedings while exercising his revisionary power u/s. 263

VIKAS VIJAY GUPTA,AHMEDABAD vs. THE PR. CIT, AHMEDABAD-1, AHMEDABAD

In the result, the appeal filed by the Assessee is hereby\ndismissed

Bench: DR. BRR Kumar, Vice President\nAnd Shri T. R. Senthil Kumar, Judicial Member\nITA No. 404/Ahd/2024\nAssessment Year 2017-18\nVikas Vijay Gupta\nPrincipal Commissioner\n604 Sarap,\nof Income Tax,\nOpp. Navjivan Press Vs Ahmedabad-1,\nP.O. Navjivan,\nAhmedabad\nAhmedabad-380014,\nGujarat\n(Respondent)\nPAN: AEOPG6723L\n(Appellant)\nAssessee Represented: Shri Jaimin Shah, A.R.\nRevenue Represented: Shri R. N. Dsouza, CIT-DR\nDate of hearing : 27-02-2025\nDate of pronouncement : 27-05-2025\nआदे

271(1)(c) of the Act and\nissue a fresh penalty notice u/s 271AAC(1) of the Act. Needless to\nmention, the A.O. may levy penalty or keep the proceedings in abeyance\ntill the outcome of Ld. CIT(A)'s order on the issue of addition u/s 69A of\nthe Act. with this, I set aside the notice issued u/s

VIJAYBHAI DASHRATHBHAI PATEL,,AHMEDABAD vs. THE ACIT, CIRCLE-7(1),, AHMEDABAD

In the result, the appeal of the assessee is allowed

Bench: Us: -

Section 271(l)(c). 2. The penalty order is bad in law in as much as the penalty is levied on the basis of the finding in the assessment order and that the AO has not brought any additional material on record. Anantharam Veersinghaiah & Co. V/s. CIT 123 ITR 457 (SC) CIT V/s. Khoday Eswarsa & Sons

DEPUTY COMMISSIONER OF INCOME TAX, VADODARA vs. GUJARAT STATE ELECTRICITY CORPORATION LIMITED, VADODARA

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

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

penalty u/s. 271(1)(c) is not warranted. It is undisputed fact that the adjustment was made by passing assessment order dated 02-12-2016 u/s. 143(3) r.w.s. 263 of the Act which is prior to 01-04-2016. Thus the question of invoking Explanation 4 to sub-section

JATINKUMAR PATEL,CHHATRAL KALOL vs. INCOME TAX OFFICE, WARD 1, MEHSANA, MEHSANA

The appeal is allowed for statistical purposes in the above terms

Bench: Dr. B.R.R Kumar & Shri Siddhartha Nautiyal

u/s 263 as well as consequential orders passed subsequent to revision proceeding are Null and VOID and deserves to be quashed and set aside. The same please be held accordingly. 5. The order passed by the learned CIT (Appeals) is bad in law and contrary to the provisions of law and facts. It is submitted that the same be held

MARDIA COPPER EXTRUTIONS PVT.LTD.,AHMEDABAD vs. DCIT, CIRCLE-2(1)(2),, AHMEDABAD

In the result appeal of the Revenue is dismissed

Bench: Shri Waseem Ahmed & Ms. Madhumita Royआयकर अपील सं./Ita No. 229/Ahd/2018 "नधा"रण वष"/Asstt. Year: 1990-1991 M/S Mardia Copper Extrusions Pvt. Ltd., D.C.I.T, C/O Mehta Lodha & Co., Vs. Circle-2(1)(2), 105, Sakar-I, Near Gandhigram Railway Ahmedabad. Station, Off Ashram Road, Ahmedabad-380009. Pan: Aabcm3848G

u/s 271(1)(c) of the Act at Rs. 16,66,271/- only being 100% of the amount of tax sought to be evaded. 3. The aggrieved assessee preferred an appeal before the Ld. CIT (A). The assessee before the Ld. CIT (A) reiterated the submission as before the AO. Page 4 of 11 Asstt. Year

DCIT CENTRAL CIRCLE 1(1) AHMEDABAD, AHMEDABAD vs. PINAC STOCK BROKERS PRIVATE LIMITED, AHMEDABAD

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

Bench: Dr.Brr Kumar & Shri T.R Senthil Kumar

u/s. 263 of the Act by giving effect to the quantum order. For ready reference section 275 [1A] is reproduced as under: I.T.A No. 858/Ahd/2024 A.Y. 2011-12 Page No 7 DCIT Vs. Pinac Stock Brokers Pvt. Ltd. “… [(1-A) In a case where the relevant assessment or other order is the subject matter of an appeal to the Commissioner

KIRI DYES & CHEMICALS LTD. ,AHMEDABAD vs. THE PR. CIT-2,, AHMEDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Rajpal Yadav & Shri Pradip Kumar Kediaआयकर अपील सं./I.T.A. No. 1232/Ahd/2018 ("नधा"रण वष" / Assessment Year : 2003-04)

Section 263, CIT is not competent to direct initiation of penalty proceedings under s.271(1)(a) or s.273(2)(c) of the Act. In the case of CIT v. Parmanand M.Patel (supra), Hon’ble jurisdictional High Court has held that the CIT is not empowered to record satisfaction by invoking s.271

SHRI TEJAS VINUBHAI SHAH,AHMEDABAD vs. THE DCIT, CENTRAL CIR-1(3),, AHMEDABAD

In the result, all the appeals of the assessees are allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./ Ita No. 2662 /Ahd/2017 Asstt.Year : 2009-10 Late Pragnesh Navinbhai Patel Through Dcit, Cent.Cir.1(3) Legal Heir Smt.Shraddha Pragnesh Patel Vs Ahmedabad. 39, Kamalnayan Bungalows Aarohi Club Road, Ahmedabad. Pan : Abbpp 5517 H आयकर अपील सं./ Ita No. 2669, 2670 & 2671/Ahd/2017 "नधा"रण वष"/Assessment Year: 2009-10, 2010-11 & 2012-13 Shri Tejas Vinubhai Shah Dcit, Cent.Cir.1(3) 48, Alok Bungalow Vs Ahmedabad. Sun-N-Step Club Road Pan : Ahbps 5069 H आयकर अपील सं./ Ita No. 2663 To 2668/Ahd/2017 "नधा"रण वष"/Assessment Year: 2007-08 To 2012-13 Shri Pravinbhai Gordhanbhai Patel Dcit, Cent.Cir.1(3) 8, Sardar Society Vs Ahmedabad. Nr. Ambica Nagar Highway Road Kalol (N.G.) Pan : Afupp 7843 M

263/- Shri Tejas V. Shah 2009-10, Rs.15,450/- 2010-11 Rs.72,940/- 2012-13 Rs.2,53,390/- Shri Pravinbhai Gordhanbhai 2007-08 Rs.2,080/- Patel 2008-09 Rs.8,570/- 2009-10 Rs.61,490/- 2010-11 Rs.37,470/- 2011-12 Rs.76,330/- 2012-13 Rs.1,30,310/- 4. Briefly stated facts are that a search under section

SHRI PRAVINBHAI GORDHANBHAI PATEL,KALOL vs. THE DCIT, CENTRAL CIR-1(3), , AHMEDABAD

In the result, all the appeals of the assessees are allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./ Ita No. 2662 /Ahd/2017 Asstt.Year : 2009-10 Late Pragnesh Navinbhai Patel Through Dcit, Cent.Cir.1(3) Legal Heir Smt.Shraddha Pragnesh Patel Vs Ahmedabad. 39, Kamalnayan Bungalows Aarohi Club Road, Ahmedabad. Pan : Abbpp 5517 H आयकर अपील सं./ Ita No. 2669, 2670 & 2671/Ahd/2017 "नधा"रण वष"/Assessment Year: 2009-10, 2010-11 & 2012-13 Shri Tejas Vinubhai Shah Dcit, Cent.Cir.1(3) 48, Alok Bungalow Vs Ahmedabad. Sun-N-Step Club Road Pan : Ahbps 5069 H आयकर अपील सं./ Ita No. 2663 To 2668/Ahd/2017 "नधा"रण वष"/Assessment Year: 2007-08 To 2012-13 Shri Pravinbhai Gordhanbhai Patel Dcit, Cent.Cir.1(3) 8, Sardar Society Vs Ahmedabad. Nr. Ambica Nagar Highway Road Kalol (N.G.) Pan : Afupp 7843 M

263/- Shri Tejas V. Shah 2009-10, Rs.15,450/- 2010-11 Rs.72,940/- 2012-13 Rs.2,53,390/- Shri Pravinbhai Gordhanbhai 2007-08 Rs.2,080/- Patel 2008-09 Rs.8,570/- 2009-10 Rs.61,490/- 2010-11 Rs.37,470/- 2011-12 Rs.76,330/- 2012-13 Rs.1,30,310/- 4. Briefly stated facts are that a search under section

SHRI TEJAS VINUBHAI SHAH,AHMEDABAD vs. THE DCIT, CENTRAL CIR-1(3),, AHMEDABAD

In the result, all the appeals of the assessees are allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./ Ita No. 2662 /Ahd/2017 Asstt.Year : 2009-10 Late Pragnesh Navinbhai Patel Through Dcit, Cent.Cir.1(3) Legal Heir Smt.Shraddha Pragnesh Patel Vs Ahmedabad. 39, Kamalnayan Bungalows Aarohi Club Road, Ahmedabad. Pan : Abbpp 5517 H आयकर अपील सं./ Ita No. 2669, 2670 & 2671/Ahd/2017 "नधा"रण वष"/Assessment Year: 2009-10, 2010-11 & 2012-13 Shri Tejas Vinubhai Shah Dcit, Cent.Cir.1(3) 48, Alok Bungalow Vs Ahmedabad. Sun-N-Step Club Road Pan : Ahbps 5069 H आयकर अपील सं./ Ita No. 2663 To 2668/Ahd/2017 "नधा"रण वष"/Assessment Year: 2007-08 To 2012-13 Shri Pravinbhai Gordhanbhai Patel Dcit, Cent.Cir.1(3) 8, Sardar Society Vs Ahmedabad. Nr. Ambica Nagar Highway Road Kalol (N.G.) Pan : Afupp 7843 M

263/- Shri Tejas V. Shah 2009-10, Rs.15,450/- 2010-11 Rs.72,940/- 2012-13 Rs.2,53,390/- Shri Pravinbhai Gordhanbhai 2007-08 Rs.2,080/- Patel 2008-09 Rs.8,570/- 2009-10 Rs.61,490/- 2010-11 Rs.37,470/- 2011-12 Rs.76,330/- 2012-13 Rs.1,30,310/- 4. Briefly stated facts are that a search under section

SJRI TEJAS VINUBHAI SHAH,AHMEDABAD vs. THE DCIT, CENTRAL, CIR-1(3),, AHMEDABAD

In the result, all the appeals of the assessees are allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./ Ita No. 2662 /Ahd/2017 Asstt.Year : 2009-10 Late Pragnesh Navinbhai Patel Through Dcit, Cent.Cir.1(3) Legal Heir Smt.Shraddha Pragnesh Patel Vs Ahmedabad. 39, Kamalnayan Bungalows Aarohi Club Road, Ahmedabad. Pan : Abbpp 5517 H आयकर अपील सं./ Ita No. 2669, 2670 & 2671/Ahd/2017 "नधा"रण वष"/Assessment Year: 2009-10, 2010-11 & 2012-13 Shri Tejas Vinubhai Shah Dcit, Cent.Cir.1(3) 48, Alok Bungalow Vs Ahmedabad. Sun-N-Step Club Road Pan : Ahbps 5069 H आयकर अपील सं./ Ita No. 2663 To 2668/Ahd/2017 "नधा"रण वष"/Assessment Year: 2007-08 To 2012-13 Shri Pravinbhai Gordhanbhai Patel Dcit, Cent.Cir.1(3) 8, Sardar Society Vs Ahmedabad. Nr. Ambica Nagar Highway Road Kalol (N.G.) Pan : Afupp 7843 M

263/- Shri Tejas V. Shah 2009-10, Rs.15,450/- 2010-11 Rs.72,940/- 2012-13 Rs.2,53,390/- Shri Pravinbhai Gordhanbhai 2007-08 Rs.2,080/- Patel 2008-09 Rs.8,570/- 2009-10 Rs.61,490/- 2010-11 Rs.37,470/- 2011-12 Rs.76,330/- 2012-13 Rs.1,30,310/- 4. Briefly stated facts are that a search under section

SHRI PRAVINBHAI GORDHANBHAI PATEL,KALOL vs. THE DCIT, CENTRAL CIR-1(3), , AHMEDABAD

In the result, all the appeals of the assessees are allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./ Ita No. 2662 /Ahd/2017 Asstt.Year : 2009-10 Late Pragnesh Navinbhai Patel Through Dcit, Cent.Cir.1(3) Legal Heir Smt.Shraddha Pragnesh Patel Vs Ahmedabad. 39, Kamalnayan Bungalows Aarohi Club Road, Ahmedabad. Pan : Abbpp 5517 H आयकर अपील सं./ Ita No. 2669, 2670 & 2671/Ahd/2017 "नधा"रण वष"/Assessment Year: 2009-10, 2010-11 & 2012-13 Shri Tejas Vinubhai Shah Dcit, Cent.Cir.1(3) 48, Alok Bungalow Vs Ahmedabad. Sun-N-Step Club Road Pan : Ahbps 5069 H आयकर अपील सं./ Ita No. 2663 To 2668/Ahd/2017 "नधा"रण वष"/Assessment Year: 2007-08 To 2012-13 Shri Pravinbhai Gordhanbhai Patel Dcit, Cent.Cir.1(3) 8, Sardar Society Vs Ahmedabad. Nr. Ambica Nagar Highway Road Kalol (N.G.) Pan : Afupp 7843 M

263/- Shri Tejas V. Shah 2009-10, Rs.15,450/- 2010-11 Rs.72,940/- 2012-13 Rs.2,53,390/- Shri Pravinbhai Gordhanbhai 2007-08 Rs.2,080/- Patel 2008-09 Rs.8,570/- 2009-10 Rs.61,490/- 2010-11 Rs.37,470/- 2011-12 Rs.76,330/- 2012-13 Rs.1,30,310/- 4. Briefly stated facts are that a search under section

SHRI PRAVINBHAI GORDHANBHAI PATEL,KALOL vs. THE DCIT, CENTRAL CIR-1(3), , AHMEDABAD

In the result, all the appeals of the assessees are allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./ Ita No. 2662 /Ahd/2017 Asstt.Year : 2009-10 Late Pragnesh Navinbhai Patel Through Dcit, Cent.Cir.1(3) Legal Heir Smt.Shraddha Pragnesh Patel Vs Ahmedabad. 39, Kamalnayan Bungalows Aarohi Club Road, Ahmedabad. Pan : Abbpp 5517 H आयकर अपील सं./ Ita No. 2669, 2670 & 2671/Ahd/2017 "नधा"रण वष"/Assessment Year: 2009-10, 2010-11 & 2012-13 Shri Tejas Vinubhai Shah Dcit, Cent.Cir.1(3) 48, Alok Bungalow Vs Ahmedabad. Sun-N-Step Club Road Pan : Ahbps 5069 H आयकर अपील सं./ Ita No. 2663 To 2668/Ahd/2017 "नधा"रण वष"/Assessment Year: 2007-08 To 2012-13 Shri Pravinbhai Gordhanbhai Patel Dcit, Cent.Cir.1(3) 8, Sardar Society Vs Ahmedabad. Nr. Ambica Nagar Highway Road Kalol (N.G.) Pan : Afupp 7843 M

263/- Shri Tejas V. Shah 2009-10, Rs.15,450/- 2010-11 Rs.72,940/- 2012-13 Rs.2,53,390/- Shri Pravinbhai Gordhanbhai 2007-08 Rs.2,080/- Patel 2008-09 Rs.8,570/- 2009-10 Rs.61,490/- 2010-11 Rs.37,470/- 2011-12 Rs.76,330/- 2012-13 Rs.1,30,310/- 4. Briefly stated facts are that a search under section