THE ITO, WARD-13(2),, AHMEDABAD vs. SHRI SHIVAJIRAO R.CHAVAN,, AHMEDABAD

The appeals of the assessee are allowed

Bench: Smt.Annapurna Gupta & Smt. Madhumita Roy

section 147/148. From the so-called reasons, it was not at all discernible as to whether the Assessing Officer had applied his mind to the information and independently arrived at a belief that, on the basis of the material which he had before him, income had escaped assessment. Therefore, the reassessment was not valid. Principal Commissioner of Income

SNEHA PAWAN AGARWAL,AHMEDABAD vs. ITO WARD 1(1)(3), AHMEDABAD

The appeals are allowed for statistical purposes

section 147 r.w.s.144 of the Act after issuance of show cause notice.\nDuring the course of the proceedings, the assessee furnished only limited\ndetails at the fag end of the assessment process.\n3.3 The summarised details of the assessment orders are tabulated\nbelow:\nITA No.1368 and 1369/Ahd/2025\n4\nParticulars\nΑ.Υ. 2014-15\nΑ.Υ. 2016-17\nOriginal\nreturn u/s

SNEHA PAWAN AGARWAL,AHMEDABAD vs. ITO WARD 1(1)(3), AHMEDABAD

The appeals are allowed for statistical purposes

section 147 r.w.s.144 of the Act after issuance of show cause notice.\nDuring the course of the proceedings, the assessee furnished only limited\ndetails at the fag end of the assessment process.\n3.3 The summarised details of the assessment orders are tabulated\nbelow:\nITA No.1368 and 1369/Ahd/2025 4\nParticulars\nΑ.Υ. 2014-15\nΑ.Υ. 2016-17\nOriginal\nreturn u/s

THE DCIT-CIRCLE-4(1)(1), AHMEDABAD vs. SHREE SIDDHI INFRABUILD PVT. LTD, AHMEDABAD

Bench: Shri Sanjay Garg & Makarand V. Mahadeokar

u/s 69A of the Act 5 Assessed 11,16,69,870/- 10,32,34,740/- 8,37,42,940/- Income in Rs. 4. The assessee carried the matter in appeals before the CIT(A), challenging both the validity of the reopening of assessments under section 147 and the additions made under sections 68 and 69A on facts

THE DCIT-CIRCLE-4(1)(1), AHMEDABAD vs. SHREE SIDDHI INFRABUILD PVT. LTD, AHMEDABAD

Bench: Shri Sanjay Garg & Makarand V. Mahadeokar

u/s 69A of the Act 5 Assessed 11,16,69,870/- 10,32,34,740/- 8,37,42,940/- Income in Rs. 4. The assessee carried the matter in appeals before the CIT(A), challenging both the validity of the reopening of assessments under section 147 and the additions made under sections 68 and 69A on facts

M/S GREENWELL ORCHARDS,AHMEDABAD vs. THE PR.CIT-3 , AHMEDABAD

In the result, appeal filed by the Assessee is allowed

147 of the Act. It is not the case of the assessee that the A.O. has not conducted necessary inquiry, verification before passing the reassessment order. The same cannot be construed either as ‘Lack of enquiry’ or as ‘Inadequate enquiry’. Thus the ld. PCIT cannot revise the reassessment order merely because he held a different opinion than that is verified

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

reassessment proceedings,u/s. 147 of the Act.The assessee had failed to file any return originally, but on initiation of re-assessment proceedings, return was filed declaring income of Rs. 33,260,50/- under the head income from other sources. The same was accepted by the AO. Subsequently on perusal of records, the ld. PCIT noted the following errors therein

SHAMA AJAY PATEL,AHMEDABAD vs. THE CIT(IT & TP), AHMEDABAD

The appeal of the assessee is allowed

Bench: Mrs. Annapurna Gupta & Shri T.R. Senthil Kumarिनधा"रण वष"/Assessment Year: 2017-18 Shama Ajay Patel, Vs. 2, Chandroday Society, The Cit(It & Tp), Opp. Golden Triangle, Sp Ahmedabad Stadium Road, Navjivan Post, Ahmedabad-380014 Pan : Alxpp 5273 E अपीलाथ" अपीलाथ"/ (Appellant) अपीलाथ" अपीलाथ" "" "" यथ" "" "" यथ" यथ"/ (Respondent) यथ" Assessee By : Shri Sunil Talati, Ar Revenue By : Dr. Darsi Suman Ratnam, Cit-Dr सुनवाई क" तारीख/Date Of Hearing : 01.02.2024 घोषणा क" तारीख /Date Of Pronouncement: 26.04.2024 आदेश आदेश/O R D E R आदेश आदेश Per Annapurna Gupta: The Present Appeal Filed By The Assessee Is Directed Against The Order Passed By The Learned Commissioner Of Income-Tax (It & Tp), Ahmedabad [Hereinafter Referred To As Ld. "Cit(It & Tp)" For Short] Dated 08.02.2023, In Exercise Of His Revisionary Powers Under Section 263 Of The Income-Tax Act, 1961 [Hereinafter Referred To As “The Act”], For The Assessment Year (Ay) 2017-18. 2. The Grounds Raised By The Assessee Challenging The Impugned Order Of The Ld. Cit (It & Tp) Reads As Under:- “1. The Ld. Cit Has Erred In Passing Order U/S 263 Without Jurisdiction & Appropriate Powers Available Under The Act. It Is Submitted That The Order Passed U/S. 263 Is Bad In Law As A.O. Has Neither Committed Any Error Nor It Is Prejudicial To The Interest Of Revenue. It Be Held Now.

Section 263 of the Act as found by the ld. CIT (IT & TP). 10. Undoubtedly, the assessment order sought to be revised was passed u/s 147 of the Act on reopening the case of the assessee for the specific reason that the Assessing Officer had information regarding the dubious dealing in shares of M/s. Kushal Limited. Clearly, the scope

THE DCIT-CIRCLE-4(1)(1), AHMEDABAD vs. SHREE SIDDHI INFRABUILD PVT. LTD, AHMEDABAD

Accordingly kept open.\n10. All Revenue appeals fail on merits and are dismissed

u/s 69A of the Act\n2,00,00,000/-\nAssessed Income in Rs.\n11,16,69,870/-\n10,32,34,740/-\n8,37,42,940/-\n4. The assessee carried the matter in appeals before the CIT(A), challenging\nboth the validity of the reopening of assessments under section 147 and the\nadditions made under sections 68 and 69A on facts

GUJARAT URJA VIKAS NIGAM LTD,VADODARA vs. THE ACIT, CIRECLE-1(1)(1), VADODARA

In the result, the appeal of the assessee is allowed for statistical purposes and the appeal filed by the Revenue is partly allowed for statistical purposes

Bench: Shri Waseem Ahmed & Ms. Madhumita Roy

reassess under section 147 or pass an order enhancing the assessment or reducing a refund already made or otherwise increasing the liability of the assessee under section 154, for any assessment year beginning on or before the 1st day of April, 2001.’ 2. New Rule 8D : 2.1 In exercise of the powers given in S. 14A(2) C.B.D.T. has issued

SHRI BHUMIKA STRIPS PRIVATE LIMITED,AHMEDABAD vs. THE ITO, WARD-4(1)(1), AHMEDABAD

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

260,000 Total 21,223,718 16,086,323 ITA Nos.1362, 1363 & 1364/Ahd/2025 3 Asst Years: 2014-15 to 2016-17 Shri Bhumika Strips Private Limited Vs. ITO 2.1 The Assessing Officer found that the above parties had shown meagre income and have had only salary income and no business income by M/s. Kabra and Company, as well

SHRI BHUMIKA STRIPS PRIVATE LIMITED,AHMEDABAD vs. THE ITO, WARD-4(1)(1), AHMEDABAD

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

260,000 Total 21,223,718 16,086,323 ITA Nos.1362, 1363 & 1364/Ahd/2025 3 Asst Years: 2014-15 to 2016-17 Shri Bhumika Strips Private Limited Vs. ITO 2.1 The Assessing Officer found that the above parties had shown meagre income and have had only salary income and no business income by M/s. Kabra and Company, as well

SHRI BHUMIKA STRIPS PRIVATE LIMITED,AHMEDABAD vs. THE ITO, WARD-4(1)(1), AHMEDABAD

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

260,000 Total 21,223,718 16,086,323 ITA Nos.1362, 1363 & 1364/Ahd/2025 3 Asst Years: 2014-15 to 2016-17 Shri Bhumika Strips Private Limited Vs. ITO 2.1 The Assessing Officer found that the above parties had shown meagre income and have had only salary income and no business income by M/s. Kabra and Company, as well

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.

260 sq yard, Plot No 27= 228 sq mtr= 273 sq yard]. In the page no 58, total area of land and bungalows sold by Shri Ashwin B Dudhat and his brothers and the on-money component of sale consideration has been shown 893 sq yards and Rs.66,521/-per sq yard. 3.4 After analysing seized materials, Revenue appointed Special

THE ITO, WARD-2(2)(1), AHMEDABAD vs. DUSHYANT U PATEL, AHMEDABAD

Bench: Shri Mahavir Prasad, Judicial Memebr & Shri Waseem Ahmed, Accountant Memebr

260 Bhagwanbhai R. Prajapati 144150 554574 ITA No. 1197/Ahd/2019 a/w. CO No. 212/Ahd/2019 [Dushyant U Patel] A.Y. 2011-12 - 4 - Kantibhai R. Prajapati 144150 554574 432450 1663722 Total 1663722 B.NO. 261 Motibhai R. Prajapaii 113850 438004 Bhagwanbhai R, Prajapati 113850 438004 Kantibhai R. Prajapati 113850 438004 Total 341550 1314012 1314012 B.NO. Motibhai R. Prajapati 37950 146001 265 Bhagwanbhai R. Prajapati

THE DCIT, CENTRAL CIRCLE-2(2), AHMEDABAD vs. SHALIGRAM INFRA PROJECTS LLP , AHMEDABAD

Appeals are partly allowed

260 sq yard, Plot No 27= 228 sq mtr= 273 sq yard]. In the\npage no 58, total area of land and bungalows sold by Shri Ashwin B Dudhat\nand his brothers and the on-money component of sale consideration has\nbeen shown 893 sq yards and Rs.66,521/-per sq yard.\n3.4 After analysing seized materials, Revenue appointed Special

SHRI RAOOF R DHANANI,,MUMBAI vs. ASSTT. COMMISSIONER OF INCOME TAX,CIRCLE-1(2),, BARODA

In the result, appeal of the assessee is allowed on jurisdiction

147/- on account of alleged unexplained jewellery. 8. The Ld. CIT (A) erred on facts and in law in confirming addition of Rs. 31,18,767/- on account of alleged unaccounted marriage expenses.” 3. The brief facts of the case are that the search under section 132(1) of the Act was conducted on 11-02-2011 i.e. financial year

GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.,,AHMEDABAD vs. THE DY.CIT, CIRCLE-4, NOW CIRCLE-2(1)(1),, AHMEDABAD

The appeal of the assessee is partly allowed

Bench: Smt.Annapurna Gupta & T.R. Senthil Kumar & Asstt.Year: 2005-06 Gujarat Mineral Development Dcit/Jcit, Cir.4 Corporation Ltd. Vs Ahmedabad. “Khanji Bhavan” 132Ft Ring Road University Ground, Ahmedabad. Asstt.Year: 2005-06 Dcit/Jcit, Cir.4 Gujarat Mineral Development Ahmedabad. Vs Corporation Ltd. “Khanji Bhavan” 132Ft Ring Road University Ground, Ahmedabad. (Applicant) (Responent) : Assessee By Shri S.N. Soparkar, With Shri Bandish Soparkar, Ar & Shri Parin Shah, Ar Revenue By : Shri James Kurian, Cit-Dr सुनवाई क" तार"ख/Date Of Hearing : 30/08/2022 घोषणा क" तार"ख /Date Of Pronouncement: 30/11/2022 आदेश/O R D E R Per Annapurna Guptathe Present Appeals Relate To The Same Assessee, Pertain To The Same Assessment Year & Are Against Orders Passed By The

reassessment proceeding for A. Y. 1996-97, in an order dt. 26/03/03 passed u/s. 143(3)/147 of the Act, that the Learned Assessing Officer rejected claim of depreciation on Buses Leased to GSRTC, Learned Assessing Officer had initiated of proceedings u/s. 147 of the Act, in respect of A.Y. 1998-99, A.Y. 2000-01 etc. & disallowed claim of depreciation