PATEL AMBALAL LAXMANDAS NI CO.,AHMEDABAD vs. THE ACIT, CENTRAL CIRCLE-2(3), AHMEDABAD

In the result, all the appeals filed by the Assessee are hereby dismissed

section, 147 of the Act. Hence, for reassessing the escaped income, approval u/s 147 of the Act rws 151 is solicited. Dt: 28.03.2016 (B.P. SRIVASTAVA) DCIT, CC-2(2), Ahd. Clause 11: Whether the Pr.CIT is satisfied on the reason recorded by the A.O. that it is a fit case for the issue of a notice u/s

PATEL AMBALAL LAXMANDAS NI CO.,AHMEDABAD vs. THE ACIT, CENTRAL CIRCLE-2(3), AHMEDABAD

In the result, all the appeals filed by the Assessee are hereby dismissed

section, 147 of the Act. Hence, for reassessing the escaped income, approval u/s 147 of the Act rws 151 is solicited. Dt: 28.03.2016 (B.P. SRIVASTAVA) DCIT, CC-2(2), Ahd. Clause 11: Whether the Pr.CIT is satisfied on the reason recorded by the A.O. that it is a fit case for the issue of a notice u/s

PATEL AMBALAL LAXMANDAS NI CO.,AHMEDABAD vs. THE ACIT, CENTRAL CIRCLE-2(3), AHMEDABAD

In the result, all the appeals filed by the Assessee are hereby dismissed

section, 147 of the Act. Hence, for reassessing the escaped income, approval u/s 147 of the Act rws 151 is solicited. Dt: 28.03.2016 (B.P. SRIVASTAVA) DCIT, CC-2(2), Ahd. Clause 11: Whether the Pr.CIT is satisfied on the reason recorded by the A.O. that it is a fit case for the issue of a notice u/s

OVEZ ARIFBHAI LAKHANI,BHAVNAGAR vs. THE PR. CIT, AHMEDABAD-1, AHMEDABAD

In the result, the appeal of the assessee is dismissed

Bench: Income Tax Appellate Tribunal, Ahmedabad Benches, Has Arisen From The Revisionary Order Dated 12.03.2024 Passed By Ld. Principal

147. The same were rejected by the AO. The notices u/s 142(1) were issued by the AO to the assessee during assessment proceedings. The assessee filed its reply along with supporting documents before the AO during the reassessment proceedings. The AO observed that the assessee has uploaded invoices/contract notes issued by Prabhudas Liladhar Private Limited in respect of online

SAI KRUPA DEVELOPERS,AHMEDABAD vs. THE ACIT, CEN. CIR.1(2), AHMEDABAD

In the result, this ground of appeal 1 to 4 of the Department is allowed for statistical purposes

Bench: Shri Ramit Kochar & Shri Siddhartha Nautiyal

U/s. 234B whereas he has allowed Grounds of Appeal and in respect of that this Ground of Appeal is required to be adjudicated.” 3. The assessee is engaged in the business of development of industrial plots i.e. purchase of land, development of such land, industrial plotting followed by sale of such land. The assessee filed return of income under Section

SAI KRUPA DEVELOPERS,AHMEDABAD vs. THE ACIT, CEN. CIR.1(2), AHMEDABAD

In the result, this ground of appeal 1 to 4 of the Department is allowed for statistical purposes

Bench: Shri Ramit Kochar & Shri Siddhartha Nautiyal

U/s. 234B whereas he has allowed Grounds of Appeal and in respect of that this Ground of Appeal is required to be adjudicated.” 3. The assessee is engaged in the business of development of industrial plots i.e. purchase of land, development of such land, industrial plotting followed by sale of such land. The assessee filed return of income under Section

ASSTT. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1(2), AHMEDABAD, AHMEDABAD vs. SAI KRUPA DEVELOPERS, AHMEDABAD

In the result, this ground of appeal 1 to 4 of the Department is allowed for statistical purposes

Bench: Shri Ramit Kochar & Shri Siddhartha Nautiyal

U/s. 234B whereas he has allowed Grounds of Appeal and in respect of that this Ground of Appeal is required to be adjudicated.” 3. The assessee is engaged in the business of development of industrial plots i.e. purchase of land, development of such land, industrial plotting followed by sale of such land. The assessee filed return of income under Section

ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1(2), AHMEDABAD, AHMEDABAD vs. SAI KRUPA DEVELOPERS, AHMEDABAD

In the result, this ground of appeal 1 to 4 of the Department is allowed for statistical purposes

Bench: Shri Ramit Kochar & Shri Siddhartha Nautiyal

U/s. 234B whereas he has allowed Grounds of Appeal and in respect of that this Ground of Appeal is required to be adjudicated.” 3. The assessee is engaged in the business of development of industrial plots i.e. purchase of land, development of such land, industrial plotting followed by sale of such land. The assessee filed return of income under Section

SAI KRUPA DEVELOPERS,AHMEDABAD vs. THE ACIT, CEN. CIR.1(2), AHMEDABAD

In the result, this ground of appeal 1 to 4 of the Department is allowed for statistical purposes

Bench: Shri Ramit Kochar & Shri Siddhartha Nautiyal

U/s. 234B whereas he has allowed Grounds of Appeal and in respect of that this Ground of Appeal is required to be adjudicated.” 3. The assessee is engaged in the business of development of industrial plots i.e. purchase of land, development of such land, industrial plotting followed by sale of such land. The assessee filed return of income under Section

DEWARKADHISH DEVELOPERS,BHARUCH vs. THE DY.CIT, CENTRAL CIRCLE-2, VADODARA

In the result, all three appeals are dismissed

Bench: Shri T.R. Senthil Kumar & Shri Makarand V. Mahadeokarआयकर अपील सं /Ita Nos. 635 To 637/Ahd/2025 िनधा"रण वष" /Assessment Years : (2015-16 To 2017-18) Dwarkadhish Developers, The Deputy Commissioner Plot No. H-3066/4, बनाम/ Of Income Tax, V/S. Dwarkadhish Residency, Central Circle-2, Esic Hospital Road, Vadodara. Gidc Ankleshwar, Bharuch-393002. (Gujarat) "थायी लेखा सं./Pan: Aakfd8537F अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Adjournment Application Filed Revenue By : Shri Abhijit, Sr-Dr

133A conducted on 23.02.2018 in the case of M/s. Krishna Developers, a third-party real estate concern. During the course of the said survey, certain loose documents were found and impounded, including a handwritten “Red Diary” and a bound “Register,” which allegedly recorded details of unaccounted cash transactions involving various parties. Consequently, notices under section 148 were issued, and reassessment

DEWARKADHISH DEVELOPERS,BHARUCH vs. THE DY.CIT, CENTRAL CIRCLE-2, VADODARA

In the result, all three appeals are dismissed

Bench: Shri T.R. Senthil Kumar & Shri Makarand V. Mahadeokarआयकर अपील सं /Ita Nos. 635 To 637/Ahd/2025 िनधा"रण वष" /Assessment Years : (2015-16 To 2017-18) Dwarkadhish Developers, The Deputy Commissioner Plot No. H-3066/4, बनाम/ Of Income Tax, V/S. Dwarkadhish Residency, Central Circle-2, Esic Hospital Road, Vadodara. Gidc Ankleshwar, Bharuch-393002. (Gujarat) "थायी लेखा सं./Pan: Aakfd8537F अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Adjournment Application Filed Revenue By : Shri Abhijit, Sr-Dr

133A conducted on 23.02.2018 in the case of M/s. Krishna Developers, a third-party real estate concern. During the course of the said survey, certain loose documents were found and impounded, including a handwritten “Red Diary” and a bound “Register,” which allegedly recorded details of unaccounted cash transactions involving various parties. Consequently, notices under section 148 were issued, and reassessment

DEWARKADHISH DEVELOPERS,BHARUCH vs. THE DY.CIT, CENTRAL CIRCLE-2, VADODARA

In the result, all three appeals are dismissed

Bench: Shri T.R. Senthil Kumar & Shri Makarand V. Mahadeokarआयकर अपील सं /Ita Nos. 635 To 637/Ahd/2025 िनधा"रण वष" /Assessment Years : (2015-16 To 2017-18) Dwarkadhish Developers, The Deputy Commissioner Plot No. H-3066/4, बनाम/ Of Income Tax, V/S. Dwarkadhish Residency, Central Circle-2, Esic Hospital Road, Vadodara. Gidc Ankleshwar, Bharuch-393002. (Gujarat) "थायी लेखा सं./Pan: Aakfd8537F अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Adjournment Application Filed Revenue By : Shri Abhijit, Sr-Dr

133A conducted on 23.02.2018 in the case of M/s. Krishna Developers, a third-party real estate concern. During the course of the said survey, certain loose documents were found and impounded, including a handwritten “Red Diary” and a bound “Register,” which allegedly recorded details of unaccounted cash transactions involving various parties. Consequently, notices under section 148 were issued, and reassessment

THE DCIT, CENTRAL CIRCLE-3,, BARODA vs. M/S. ULTRA TECH TRANSMISSION,, BARODA

In the result, appeal of the Revenue is partly allowed for assessment year 2016-17

133A of the Act was conducted on 18-6-2015, as a consequence to which it was found that the assessee firm had shown payments to various sub- contractors (" 1,86,97,354/- for assessment year 2009-10). The statement of the sub-contractors were recorded, on the basis of which the AO concluded that the sub- contractors could

THE DCIT, CENTRAL CIRCLE-3,, BARODA vs. ULTRA TECH TRANSMISSION,, BARODA

In the result, appeal of the Revenue is partly allowed for assessment year 2016-17

133A of the Act was conducted on 18-6-2015, as a consequence to which it was found that the assessee firm had shown payments to various sub- contractors (" 1,86,97,354/- for assessment year 2009-10). The statement of the sub-contractors were recorded, on the basis of which the AO concluded that the sub- contractors could

THE DCIT, CENTRAL CIRCLE-3,, BARODA vs. M/S. ULTRA TECH TRANSMISSION,, BARODA

In the result, appeal of the Revenue is partly allowed for assessment year 2016-17

133A of the Act was conducted on 18-6-2015, as a consequence to which it was found that the assessee firm had shown payments to various sub- contractors (" 1,86,97,354/- for assessment year 2009-10). The statement of the sub-contractors were recorded, on the basis of which the AO concluded that the sub- contractors could

THE DCIT, CENTRAL CIRCLE-3,, BARODA vs. M/S. ULTRATECH TRANSMISSION PVT. LTD, BARODA

In the result, appeal of the Revenue is partly allowed for assessment year 2016-17

133A of the Act was conducted on 18-6-2015, as a consequence to which it was found that the assessee firm had shown payments to various sub- contractors (" 1,86,97,354/- for assessment year 2009-10). The statement of the sub-contractors were recorded, on the basis of which the AO concluded that the sub- contractors could

THE DCIT, CENTRAL CIRCLE-3,, BARODA vs. M/S. ULTRA TECH TRANSMISSION,, BARODA

In the result, appeal of the Revenue is partly allowed for assessment year 2016-17

133A of the Act was conducted on 18-6-2015, as a consequence to which it was found that the assessee firm had shown payments to various sub- contractors (" 1,86,97,354/- for assessment year 2009-10). The statement of the sub-contractors were recorded, on the basis of which the AO concluded that the sub- contractors could

ITO-WD-1(2)(1), AHMEDABAD, AHMEDABAD vs. AVS CORPORATION, AHMEDABAD

In the result, all the three appeals of the Revenue stand dismissed

Bench: Shri Sanjay Garg & Shri Makarand V. Mahadeokar

reassessment was completed under section 147 read with section 144B on an assessed income of Rs. 8,83,86,750/-. 4. Aggrieved by the assessment order, the assessee preferred appeal before the Ld. CIT(A). ITA Nos.1627, 1620 & 1621/Ahd/2024 ITO vs. AVS Corporation Asst.Years : 2017-18 to 2019-20 5. After considering the submissions made by the assessee