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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

investment in block no.77 Rs. 5,13,883/- Add: Unexplained credit in the banks Rs.4,48,378/- Total Income Rs.10,53,891/- 14. Appeal to the CIT(A) did not bring any relief to the assessee. 15. The ld.counsel for the assessee at the very outset submitted that time limit for issuing the statutory notice under section

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

investment in block no.77 Rs. 5,13,883/- Add: Unexplained credit in the banks Rs.4,48,378/- Total Income Rs.10,53,891/- 14. Appeal to the CIT(A) did not bring any relief to the assessee. 15. The ld.counsel for the assessee at the very outset submitted that time limit for issuing the statutory notice under section

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

investment in block no.77 Rs. 5,13,883/- Add: Unexplained credit in the banks Rs.4,48,378/- Total Income Rs.10,53,891/- 14. Appeal to the CIT(A) did not bring any relief to the assessee. 15. The ld.counsel for the assessee at the very outset submitted that time limit for issuing the statutory notice under section

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

investment in block no.77 Rs. 5,13,883/- Add: Unexplained credit in the banks Rs.4,48,378/- Total Income Rs.10,53,891/- 14. Appeal to the CIT(A) did not bring any relief to the assessee. 15. The ld.counsel for the assessee at the very outset submitted that time limit for issuing the statutory notice under section

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

investment in block no.77 Rs. 5,13,883/- Add: Unexplained credit in the banks Rs.4,48,378/- Total Income Rs.10,53,891/- 14. Appeal to the CIT(A) did not bring any relief to the assessee. 15. The ld.counsel for the assessee at the very outset submitted that time limit for issuing the statutory notice under section

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

investment in block no.77 Rs. 5,13,883/- Add: Unexplained credit in the banks Rs.4,48,378/- Total Income Rs.10,53,891/- 14. Appeal to the CIT(A) did not bring any relief to the assessee. 15. The ld.counsel for the assessee at the very outset submitted that time limit for issuing the statutory notice under section

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

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

investment in block no.77 Rs. 5,13,883/- Add: Unexplained credit in the banks Rs.4,48,378/- Total Income Rs.10,53,891/- 14. Appeal to the CIT(A) did not bring any relief to the assessee. 15. The ld.counsel for the assessee at the very outset submitted that time limit for issuing the statutory notice under section

SHALIGRAM INFRA PROJECTS LLP ( LTD. LIABILITY PARTNERSHIP),AHMEDABAD vs. THE JCIT (OSD), CENTRAL CIRCLE-2(2), AHMEDABAD

Appeals are partly allowed

Bench: S/Shri T.R. Senthil Kumar & Makarand V.Mahadeokarit(Ss)A No.167/Ahd/2021 Asstt.Year : 2017-18 & Asst.Year : 2018-19 Shaligram Infra Projects Llp Vs. The Jcit (Osd) 4Th Floor, Office No.401-402 Central Cir.2(2) B/H. Dishman House Ahmedabad. Opp: Sankalp Grace Ii, Ambli Ahmedabad. Pan: Acpfs 7047 A It(Ss)A No.194,195 & 196/Ahd/2021 Asstt.Year : 2015-16, 2016-17 & 2017-18 & Asst.Year : 2018-19 The Jcit (Osd) Vs. Shaligram Infra Projects Llp Central Cir.2(2) 4Th Floor, Office No.401-402 Ahmedabad. B/H. Dishman House Opp: Sankalp Grace Ii, Ambli Ahmedabad.

unexplained investment in land and disallowance under section 40A(2)(b), and the order of the AO deserved to be restored. 7. The learned Authorised Representative(AR) supported the order of the CIT(A) and placed reliance on his detailed findings. It was pointed out that the Assessing Officer had made the impugned additions solely on the basis of certain

GUJARAT MEDICAL EDUCATION AND RESEARCH SOCIETY AHMEDABAD,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1, EXEMP, AHMEDABAD

In the result, the appeals of the assessee for A

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

investments of Rs.2,72,59,22,9447- (iii) Unexplained expenditure of Rs,45,59,238/- (iv) Income from other sources of Rs.30,01,31,143/- It is submitted that in the facts and circumstances of the case, provisions of section 271(1)(c) of the Act are not at all applicable to the Appellant since there was no concealment

GUJARAT MEDICAL EDUCATION AND RESEARCH SOCIETY AHMEDABAD,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1, EXEMP, AHMEDABAD

In the result, the appeals of the assessee for A

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

investments of Rs.2,72,59,22,9447- (iii) Unexplained expenditure of Rs,45,59,238/- (iv) Income from other sources of Rs.30,01,31,143/- It is submitted that in the facts and circumstances of the case, provisions of section 271(1)(c) of the Act are not at all applicable to the Appellant since there was no concealment

GUJARAT MEDICAL EDUCATION AND RESEARCH SOCIETY AHMEDABAD,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1, EXEMP, AHMEDABAD

In the result, the appeals of the assessee for A

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

investments of Rs.2,72,59,22,9447- (iii) Unexplained expenditure of Rs,45,59,238/- (iv) Income from other sources of Rs.30,01,31,143/- It is submitted that in the facts and circumstances of the case, provisions of section 271(1)(c) of the Act are not at all applicable to the Appellant since there was no concealment

GUJARAT MEDICAL EDUCATION AND RESEARCH SOCIETY AHMEDABAD,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1, EXEMP, AHMEDABAD

In the result, the appeals of the assessee for A

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

investments of Rs.2,72,59,22,9447- (iii) Unexplained expenditure of Rs,45,59,238/- (iv) Income from other sources of Rs.30,01,31,143/- It is submitted that in the facts and circumstances of the case, provisions of section 271(1)(c) of the Act are not at all applicable to the Appellant since there was no concealment

GUJARAT MEDICAL EDUCATION AND RESEARCH SOCIETY AHMEDABAD,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1, EXEMP, AHMEDABAD

In the result, the appeals of the assessee for A

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

investments of Rs.2,72,59,22,9447- (iii) Unexplained expenditure of Rs,45,59,238/- (iv) Income from other sources of Rs.30,01,31,143/- It is submitted that in the facts and circumstances of the case, provisions of section 271(1)(c) of the Act are not at all applicable to the Appellant since there was no concealment

DCIT, CIRCLE-4(1)(1), AHMEDABAD, VEJALPUR, AHMEDABAD vs. SUNPOINT TRADING LIMITED, MEMNAGAR, AHMEDABAD

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

unexplained investment under section 69 of the Act, which had escaped assessment for F.Y. 2017–18.\n4. During the reassessment

HIRAL TAPANKUMAR CHUDGAR,VADODARA, GUJARAT vs. INCOME TAX OFFICER, WARD 1(3)(1), VADODARA, VADODARA, GUJARAT

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

Bench: Shri T.R. Senthil Kumar (Judicial Member), Shri Makarand Vasant Mahadeokar (Accountant Member)

reassessment by making addition of Rs.29,55,558/- and denied the claim of deduction made u/s.10(38) of the Act, added as unexplained money u/s 69A r.w.s. 115BBE of the Act and also made addition of Rs.4,26,069/- as unexplained investment

THE ACIT, CENTRAL CIRCLE-2(2), AHMEDABAD vs. SMT. RITABEN SAKETKUMAR TANNA, AHMEDABAD

In the result the assessee appeal in ITA

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

unexplained investment in Jewellery and Silver Utensils is hereby deleted and Ground No.11 & 12 are allowed. 39. Other Ground Nos.13 & 14 are Not Pressed and hence the same are dismissed. 40. In the result the appeal filed by the assessee in IT(SS)A Nos. 337/Ahd/2019 & ITA No.976/Ahd/2019 relating to the Asst. Years 2013-14 & 2014-15 are partly allowed

SMT. RITABEN SAKETKUMAR TANNA,AHMEDABAD vs. THE DCIT, CENTRAL CIRCLE-2(2), AHMEDABAD

In the result the assessee appeal in ITA

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

unexplained investment in Jewellery and Silver Utensils is hereby deleted and Ground No.11 & 12 are allowed. 39. Other Ground Nos.13 & 14 are Not Pressed and hence the same are dismissed. 40. In the result the appeal filed by the assessee in IT(SS)A Nos. 337/Ahd/2019 & ITA No.976/Ahd/2019 relating to the Asst. Years 2013-14 & 2014-15 are partly allowed

THE ITO WARD-5(3)(1) (PREVIOUSLY THE ACIT, CENTRAL CIRCLE-2(2)), AHMEDABAD vs. SHRI SAKETKUMAR RUGNATH TANNA LEGAL HEIR OF LATE SMT. INDUMATIBEN RUGNATH TANNA, AHMEDABAD

In the result the assessee appeal in ITA

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

unexplained investment in Jewellery and Silver Utensils is hereby deleted and Ground No.11 & 12 are allowed. 39. Other Ground Nos.13 & 14 are Not Pressed and hence the same are dismissed. 40. In the result the appeal filed by the assessee in IT(SS)A Nos. 337/Ahd/2019 & ITA No.976/Ahd/2019 relating to the Asst. Years 2013-14 & 2014-15 are partly allowed