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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

u/s 271(1)(c) of the Income Tax Act, 1961 passed by the Assessing Officer on 28.03.2016. 2. The Ld. CIT(A) has erred on facts and in law in upholding the penalty levied on additions made by the Assessing Officer on account of alleged unexplained investment of Rs. 5,13,883/- on account of unexplained investment block

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

u/s 271(1)(c) of the Income Tax Act, 1961 passed by the Assessing Officer on 28.03.2016. 2. The Ld. CIT(A) has erred on facts and in law in upholding the penalty levied on additions made by the Assessing Officer on account of alleged unexplained investment of Rs. 5,13,883/- on account of unexplained investment block

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

u/s 271(1)(c) of the Income Tax Act, 1961 passed by the Assessing Officer on 28.03.2016. 2. The Ld. CIT(A) has erred on facts and in law in upholding the penalty levied on additions made by the Assessing Officer on account of alleged unexplained investment of Rs. 5,13,883/- on account of unexplained investment block

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

u/s 271(1)(c) of the Income Tax Act, 1961 passed by the Assessing Officer on 28.03.2016. 2. The Ld. CIT(A) has erred on facts and in law in upholding the penalty levied on additions made by the Assessing Officer on account of alleged unexplained investment of Rs. 5,13,883/- on account of unexplained investment block

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

u/s 271(1)(c) of the Income Tax Act, 1961 passed by the Assessing Officer on 28.03.2016. 2. The Ld. CIT(A) has erred on facts and in law in upholding the penalty levied on additions made by the Assessing Officer on account of alleged unexplained investment of Rs. 5,13,883/- on account of unexplained investment block

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

u/s 271(1)(c) of the Income Tax Act, 1961 passed by the Assessing Officer on 28.03.2016. 2. The Ld. CIT(A) has erred on facts and in law in upholding the penalty levied on additions made by the Assessing Officer on account of alleged unexplained investment of Rs. 5,13,883/- on account of unexplained investment block

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

u/s 271(1)(c) of the Income Tax Act, 1961 passed by the Assessing Officer on 28.03.2016. 2. The Ld. CIT(A) has erred on facts and in law in upholding the penalty levied on additions made by the Assessing Officer on account of alleged unexplained investment of Rs. 5,13,883/- on account of unexplained investment block

THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1),, AHMEDABAD vs. M/S. APPLITECH SOLUTIONS LTD.,, AHMEDABAD

In the result, appeal filed by the Revenue is dismissed

Bench: Shri Mahavir Prasad & Shri Waseem Ahmed)

u/s 271(1)(c) of the Act. I, therefore, levy a minimum penalty @ 100% of the amount of tax sought to be evaded on account of filing of inaccurate particulars of income, which works out of Rs. 1,94,27,849/- against the maximum penalty of Rs. 5,82,83,547/- on the assessee. Issue demand notice and Challan

M/S. ASIAN AGENCY,,AHMEDABAD vs. THE ASSTT. COMMISSIONER OF INCOME TAX, CIRCEL-7(2),, AHMEDABAD

In the result, appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Smt. Madhumita Roy

VII, Ahmedabad (in ITA No.844/Ahd/2015) & ACIT Circle-7(2), Ahmedabad (in remaining all) "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAIFA5304K .. (अपीलाथ" /Appellant) (""यथ" / Respondent) & आयकर अपील सं./I.TA. No. 3336/Rjt/2015 ("नधा"रण वष" / Assessment Years: 2009-10) I.T.O. M/s. Asian Agency बनाम/ Ward 7(2)(1), FF-29, Krishna Gopal Vs. Ahmedabad Estate, Opp. SBI, Nr. Fruit Market, Naroda

THE ITO, WARD-7(2)(1),, AHMEDABAD vs. M/S. ASIAN AGENCY,, AHMEDABAD

In the result, appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Smt. Madhumita Roy

VII, Ahmedabad (in ITA No.844/Ahd/2015) & ACIT Circle-7(2), Ahmedabad (in remaining all) "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAIFA5304K .. (अपीलाथ" /Appellant) (""यथ" / Respondent) & आयकर अपील सं./I.TA. No. 3336/Rjt/2015 ("नधा"रण वष" / Assessment Years: 2009-10) I.T.O. M/s. Asian Agency बनाम/ Ward 7(2)(1), FF-29, Krishna Gopal Vs. Ahmedabad Estate, Opp. SBI, Nr. Fruit Market, Naroda

M/S. ASIAN AGENCY,,AHMEDABAD vs. COMMISSIONER OF INCOME TAX,VII,, AHMEDABAD

In the result, appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Smt. Madhumita Roy

VII, Ahmedabad (in ITA No.844/Ahd/2015) & ACIT Circle-7(2), Ahmedabad (in remaining all) "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAIFA5304K .. (अपीलाथ" /Appellant) (""यथ" / Respondent) & आयकर अपील सं./I.TA. No. 3336/Rjt/2015 ("नधा"रण वष" / Assessment Years: 2009-10) I.T.O. M/s. Asian Agency बनाम/ Ward 7(2)(1), FF-29, Krishna Gopal Vs. Ahmedabad Estate, Opp. SBI, Nr. Fruit Market, Naroda

M/S. ASIAN AGENCY,,AHMEDABAD vs. THE DCIT, CIRCEL-7(2),, AHMEDABAD

In the result, appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Smt. Madhumita Roy

VII, Ahmedabad (in ITA No.844/Ahd/2015) & ACIT Circle-7(2), Ahmedabad (in remaining all) "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAIFA5304K .. (अपीलाथ" /Appellant) (""यथ" / Respondent) & आयकर अपील सं./I.TA. No. 3336/Rjt/2015 ("नधा"रण वष" / Assessment Years: 2009-10) I.T.O. M/s. Asian Agency बनाम/ Ward 7(2)(1), FF-29, Krishna Gopal Vs. Ahmedabad Estate, Opp. SBI, Nr. Fruit Market, Naroda

M/S. ASIAN AGENCY,,AHMEDABAD vs. THE ACIT, CIRCLE-12,, AHMEDABAD

In the result, appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Smt. Madhumita Roy

VII, Ahmedabad (in ITA No.844/Ahd/2015) & ACIT Circle-7(2), Ahmedabad (in remaining all) "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAIFA5304K .. (अपीलाथ" /Appellant) (""यथ" / Respondent) & आयकर अपील सं./I.TA. No. 3336/Rjt/2015 ("नधा"रण वष" / Assessment Years: 2009-10) I.T.O. M/s. Asian Agency बनाम/ Ward 7(2)(1), FF-29, Krishna Gopal Vs. Ahmedabad Estate, Opp. SBI, Nr. Fruit Market, Naroda

M/S. ASIAN AGENCY,,AHMEDABAD vs. THE ACIT, CIRCEL-7(2),, AHMEDABAD

In the result, appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Smt. Madhumita Roy

VII, Ahmedabad (in ITA No.844/Ahd/2015) & ACIT Circle-7(2), Ahmedabad (in remaining all) "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAIFA5304K .. (अपीलाथ" /Appellant) (""यथ" / Respondent) & आयकर अपील सं./I.TA. No. 3336/Rjt/2015 ("नधा"रण वष" / Assessment Years: 2009-10) I.T.O. M/s. Asian Agency बनाम/ Ward 7(2)(1), FF-29, Krishna Gopal Vs. Ahmedabad Estate, Opp. SBI, Nr. Fruit Market, Naroda

M/S. ASIAN AGENCY,,AHMEDABAD vs. THE ACIT, CIRCEL-7(2),, AHMEDABAD

In the result, appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Smt. Madhumita Roy

VII, Ahmedabad (in ITA No.844/Ahd/2015) & ACIT Circle-7(2), Ahmedabad (in remaining all) "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAIFA5304K .. (अपीलाथ" /Appellant) (""यथ" / Respondent) & आयकर अपील सं./I.TA. No. 3336/Rjt/2015 ("नधा"रण वष" / Assessment Years: 2009-10) I.T.O. M/s. Asian Agency बनाम/ Ward 7(2)(1), FF-29, Krishna Gopal Vs. Ahmedabad Estate, Opp. SBI, Nr. Fruit Market, Naroda

M/S. SHELL INTERNATIONAL B.V., ,MUMBAI vs. THE DY. CIT, INTL. TAXN.-1,, AHMEDABAD

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

penalty proceedings under Section 274 r.w.s. 271(1)(c) of the Act against the Appellant. The Appellant reserves the right to add, amend, alter or vary all or any of the above grounds of appeal as they or their representative may think fit.” Ground number 1: taxability of HR Shall People Support as royalty: 5. During the impugned year under

SHELL INTERNATIONAL B.V., ,AHMEDABAD vs. THE ACIT, INTL. TAXN.-1, AHMEDABAD

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

penalty proceedings under Section 274 r.w.s. 271(1)(c) of the Act against the Appellant. The Appellant reserves the right to add, amend, alter or vary all or any of the above grounds of appeal as they or their representative may think fit.” Ground number 1: taxability of HR Shall People Support as royalty: 5. During the impugned year under

M/S. SHELL INTERNATIONAL B.V.,,MUMBAI vs. THE DY. CIT, INTL. TAXN.-1,, AHMEDABAD

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

penalty proceedings under Section 274 r.w.s. 271(1)(c) of the Act against the Appellant. The Appellant reserves the right to add, amend, alter or vary all or any of the above grounds of appeal as they or their representative may think fit.” Ground number 1: taxability of HR Shall People Support as royalty: 5. During the impugned year under