RASNA PVT. LTD.,,AHMEDABAD vs. THE PR.CIT, -3, AHMEDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Rajpal Yadav, Vice- & Shri Waseem Ahmedasstt.Year 2015-16

68,14,946/- (Gross as on first day of the previous year in which substantial Block) expansion took place. iii) Value of increase in the plant and machinery in the year Rs.1,70,80,638/- of substantial expansion. 7. He pointed out that in the accounting period relevant to the Asstt.Yeare 2011-12, the assessee has made major addition

MEHAAN ENTERPRISE,AHMEDABAD vs. THE PCIT, CENTRAL, AHMEDABAD

In the result, the appeal of the assessee is dismissed

Bench: Dr. B.R.R. Kumar, Vice- & Ms. Suchitra Kamble

68 of the Act, and the assessment order having been passed with approval u/s 153D, cannot be held to be erroneous merely on account of a different view taken by the Ld. PCIT. The Ld. AR argued that the order passed u/s 263 of the Act by the Ld. PCIT is in against law, equity & justice. The Ld. AR argued

ANMOL HIMANSHU PATEL LEGAL HEIR OF LATE HIMANSHU RAOJIBHAI PATEL,VADODARA vs. THE ITO, WARD-1(1)(4) NOW PRESENT JURISDICTION THE DY.CIT, CIRCLE-1(1)(1), VADODARA

In the result, the appeal of the assessee stands allowed

Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinhaआयकर अपील सं /Ita No.1479/Ahd/2025 िनधा"रण वष" /Assessment Year : 2015-16 Anmol Himanshu Patel The Ito बनाम/ (Legal Heir Of Late Himanshu Ward-1(1)(4) V/S. Raojibhai Patel) Now Present Jurisdiction Bs/B-7, Indraprasth Complex The Dy.Cit, Circle-1(1)(1) Nr. Inox Race Course Circle Vadodara – 390 007 Vadodara – 390 007 "थायी लेखा सं./Pan: Acqpp 6460 P (अपीलाथ'/ Appellant) (!( यथ'/ Respondent) Assessee By : Shri Biren Shah, Ar Revenue By : Shri B.P. Srivastava, Sr.Dr सुनवाई की तारीख/Date Of Hearing : 18/09/2025 घोषणा की तारीख /Date Of Pronouncement: 09/12/2025 आदेश/O R D E R Per Sanjay Garg: The Present Appeal Has Been Preferred By The Assessee Against The Order Of The Learned Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi [Hereinafter Referred To As ‘Cit(A)’] Dated 10/06/2025 Passed U/S.250 Of The Income Tax Act, 1961 (Hereinafter Referred To As ‘The Act’) For The Assessment Year (Ay) 2015-2016. 2. The Assessee, In This Appeal, Has Raised The Following Grounds Of Appeal: Anmol Himanshu Patel (Legal Heir Of Late Himanshu Raojibhai Patel) Vs. Dcit Asst.Year 2015-16. “1. In Law & In The Facts & Circumstances Of The Case Of The Appellant, The Order Passed By The Cit(A) U/S 250 Of The Act Is Bad In Law & Deserves To Be Quashed.

68 of the Act. The issue price of such shares can also be examined u/s 56 of the Act, whereby the addition can be made into the income of an assessee if such an assessee has received higher consideration for sale of shares than the market price. The issue was, accordingly examined by the AO and it was found that

SAGARLAXMI AGRISEEDS PRIVATE LIMITED,AHMEDABAD vs. THE ACIT, CIRCLE-4(1)(1), AHMEDABAD

In the result, appeal of the assessee stands allowed

Bench: S/Shri Sanjay Garg & Narendra Prasad Sinhaassessment Year : 2017-18 Sagarlaxmi Agriseeds Pvt Ltd Acit, Cir.4(1)(1) 206, Ashwamegh Avenue Vs Ahmedabad. Opp: Mithakhali Garden Navrangpura Ahmedabad. Pan : Aawcs 7561 F (Respondent) (Appellant) Assessee By : Shri Deepak R. Shah, Ar Revenue By : Shri Dharnidas V.S., Sr.Dr सुनवाई की तारीख/Date Of Hearing : 15/05/2025 घोषणा की तारीख /Date Of Pronouncement: 05/08/2025 आदेश/O R D E R

68 of the Act. The issue price of such shares can also be examined u/s 56 of the Act, whereby the addition can be made into the income of an assessee if such an assessee has received higher consideration for sale of shares than the market price. The issue was, accordingly examined by the AO and it was found that

ITO, WARD-3(3)(5), AHMEDABAD vs. M/S. VISHWESHA CO-OP. HOUSING SOCIETY LIMITED, AHMEDABAD

In the result, the appeal of the revenue is dismissed

section 143(3) of the Income Tax Act, 1961; in short “the Act”. I.T.A No. 2211/Ahd/2018 A.Y. 2015-16 Page No. 2 ITO vs. M/s. Vishwesha Co-op. Housing Society Ltd. 2. The solitary ground of appeal is directed against the order of ld. CIT(A) in deleting the addition of Rs. 11,55,30,800/- made