THE ACIT, CIRCLE-4,, BARODA vs. M/S. WELSPUN PROJECTS LTD.,(FORMERLY KNOWN AS MSK PROJECTS (INDIA) LTD.,), BARODA

In the result, appeals of Revenue are dismissed, whereas quantum appeal of the assessee in ITA No

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./ Ita No.2484 & 2485/Ahd/2014 "नधा"रण वष"/Asstt. Year: 2000-2001 Welspun Projects Ltd. (Formerly Vs. Acit, Cir.4 Known As Msk Projects Baroda. 707-708, Sterling Centre R.C.Dutta Road, Baroda 390 005. Pan : Aabcm 4107 C

penalty imposed by the AO under section 271(1)(c) of the Income Tax Act, 1961. 4. Before taking up the above appeals of the Revenue, the ld.counsel for the assessee vehemently contested maintainability of the above three appeals filed by the Revenue before the Tribunal in view of recent CBDT circular no.3 of 2018 whereby the Board has instructed

WELSPUN PROJECTS LTD.(FORMERLY KNOWN AS MSK PROJECTS (INDIA) LTD.),BARODA vs. THE DY.CIT, CIRCLE-4,, BARODA

In the result, appeals of Revenue are dismissed, whereas quantum appeal of the assessee in ITA No

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./ Ita No.2484 & 2485/Ahd/2014 "नधा"रण वष"/Asstt. Year: 2000-2001 Welspun Projects Ltd. (Formerly Vs. Acit, Cir.4 Known As Msk Projects Baroda. 707-708, Sterling Centre R.C.Dutta Road, Baroda 390 005. Pan : Aabcm 4107 C

penalty imposed by the AO under section 271(1)(c) of the Income Tax Act, 1961. 4. Before taking up the above appeals of the Revenue, the ld.counsel for the assessee vehemently contested maintainability of the above three appeals filed by the Revenue before the Tribunal in view of recent CBDT circular no.3 of 2018 whereby the Board has instructed

THE ACIT, CIRCLE-4,, BARODA vs. M/S. WELSPUN PROJECTS LTD.,(FORMERLY KNOWN AS MSK PROJECTS (INDIA) LTD.,), BARODA

In the result, appeals of Revenue are dismissed, whereas quantum appeal of the assessee in ITA No

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./ Ita No.2484 & 2485/Ahd/2014 "नधा"रण वष"/Asstt. Year: 2000-2001 Welspun Projects Ltd. (Formerly Vs. Acit, Cir.4 Known As Msk Projects Baroda. 707-708, Sterling Centre R.C.Dutta Road, Baroda 390 005. Pan : Aabcm 4107 C

penalty imposed by the AO under section 271(1)(c) of the Income Tax Act, 1961. 4. Before taking up the above appeals of the Revenue, the ld.counsel for the assessee vehemently contested maintainability of the above three appeals filed by the Revenue before the Tribunal in view of recent CBDT circular no.3 of 2018 whereby the Board has instructed

WELSPUN PROJECTS LTD.(FORMERLY KNOWN AS MSK PROJECTS (INDIA) LTD.),BARODA vs. THE ACIT, CIRCLE-4,, BARODA

In the result, appeals of Revenue are dismissed, whereas quantum appeal of the assessee in ITA No

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./ Ita No.2484 & 2485/Ahd/2014 "नधा"रण वष"/Asstt. Year: 2000-2001 Welspun Projects Ltd. (Formerly Vs. Acit, Cir.4 Known As Msk Projects Baroda. 707-708, Sterling Centre R.C.Dutta Road, Baroda 390 005. Pan : Aabcm 4107 C

penalty imposed by the AO under section 271(1)(c) of the Income Tax Act, 1961. 4. Before taking up the above appeals of the Revenue, the ld.counsel for the assessee vehemently contested maintainability of the above three appeals filed by the Revenue before the Tribunal in view of recent CBDT circular no.3 of 2018 whereby the Board has instructed

THE ACIT, CIRCLE-11,, AHMEDABAD vs. SHRI PRATAP BHAGWANJI THAKKAR,, AHMEDABAD

In the result the appeal ITA No

268A of the Income Tax Act, we are of the view that the present appeal of the Revenue deserves to be dismissed. It is accordingly dismissed. However, it is observed that in case on re-verification at the end of the AO it comes to the notice that the tax effect is more or Revenue’s case falls within

THE ACIT, CIR 2(1)(2),, AHMEDABAD vs. M/S. MAZDA LTD., AHMEDABAD

In the result, the appeal of the Revenue is dismissed

Bench: Shri Waseem Ahmed & Ms. Madhumita Royआयकर अपील सं./Ita Nos.3075-3338/Ahd/2015 "नधा"रण वष"/Asstt. Year: 2012-2013 M/S. Mazda Limited D.C.I.T., Mazda House, 650/1, Vs. Circle-2(1)(2), Panchvati, 2Nd Lane, Ahmedabad. Ambawadi, Ahmedabad. Pan: Aabcm9273H

penalty proceedings u/s 271(1 )(c) of the Act is unjustified. The appellant craves leave to add, amend, alter, edit, delete, modify or change all or any of the grounds of appeal at the time of or before the hearing of the appeal. The 1st issue raised by the assessee is that the Ld.CIT (A) erred in making the disallowance

M/S. MAZDA LIMITED.,,AHMEDABAD vs. DY. COMMISSIONER OF INCOME TAX,, AHMEDABAD

In the result, the appeal of the Revenue is dismissed

Bench: Shri Waseem Ahmed & Ms. Madhumita Royआयकर अपील सं./Ita Nos.3075-3338/Ahd/2015 "नधा"रण वष"/Asstt. Year: 2012-2013 M/S. Mazda Limited D.C.I.T., Mazda House, 650/1, Vs. Circle-2(1)(2), Panchvati, 2Nd Lane, Ahmedabad. Ambawadi, Ahmedabad. Pan: Aabcm9273H

penalty proceedings u/s 271(1 )(c) of the Act is unjustified. The appellant craves leave to add, amend, alter, edit, delete, modify or change all or any of the grounds of appeal at the time of or before the hearing of the appeal. The 1st issue raised by the assessee is that the Ld.CIT (A) erred in making the disallowance

M/S. RAMDEV PROFILE,,SABARKANTHA vs. THE INCOME TAX OFFICER, S.K. WARD-2,, HIMATNAGAR

In the result, the appeal of the Revenue is dismissed

Bench: The Ld. Cit(A). The Ld. Cit(A) Has Sustained The Disallowance Holding That Payment In Cash Was Not Covered In Any Of The Exceptions Provided In Rule 6Dd Of The It Rule.

penalty u/s. 271(1)(c) of the act is premature at this stage, therefore, the same are dismissed. I.T.A Nos. 2564 & 2612/Ahd/2014 A.Y. 2011-12 Page No 4 M/s. Ramdev Profiles vs. ITO 8. In the result, the appeal of the assessee is partly allowed. ITA No. 2612/Ahd/2014 filed by revenue 9. The grievance of the Revenue is that

ITO, S.K.WARD-2,, HIMATNAGAR vs. M/S. RAMDEV PROFILES,, SABARKANTHA

In the result, the appeal of the Revenue is dismissed

Bench: The Ld. Cit(A). The Ld. Cit(A) Has Sustained The Disallowance Holding That Payment In Cash Was Not Covered In Any Of The Exceptions Provided In Rule 6Dd Of The It Rule.

penalty u/s. 271(1)(c) of the act is premature at this stage, therefore, the same are dismissed. I.T.A Nos. 2564 & 2612/Ahd/2014 A.Y. 2011-12 Page No 4 M/s. Ramdev Profiles vs. ITO 8. In the result, the appeal of the assessee is partly allowed. ITA No. 2612/Ahd/2014 filed by revenue 9. The grievance of the Revenue is that