SAVLA AGENCIES,ALLAHABAD vs. JCIT, RANGE-I, , ALLAHABAD

In the result, the appeal of the assessee is partly allowed

Bench: Shri.Vijay Pal Raoassessment Year: 2011-12 Savla Agencies, V. Joint Commissioner Of Income Tax, 26, M.G. Marg, Civil Lines, Range-I, Allahabad Allahabad-211001 Pan-Aawfs0816J (Appellant) (Respondent) Appellant By: Mr. Tanmay Sadh, Adv Respondent By: Mr. A.K. Singh, Sr. Dr Date Of Hearing: 05.01.2023 Date Of Pronouncement: 06.01.2023 O R D E R

92,002/- Cr c) Tarun Savla Rs. 15,54,351/- Cr d) Devaang Savla Rs. 2,87,073/- Cr Interest @ 12% on the above credit balances comes to Rs 2,07,404/-, Rs 4,19,040/ Rs 1,86,522/- & Rs 33,971/- respectively whereas you have credited above partners capital

KESARWANI & CO.,ALLAHABAD vs. JT.CIT,, ALLAHABAD

In the result, appeal in ITA No

92,658/- or the sources thereof. He, therefore, found himself incapable of agreeing with the ld. AO to adopt the figures of purchases and sales taken in the trading account prepared her. The ld. CIT(A) pointed out that even the differences pointed out by the ld. AO relating to Mumbai branch went against her findings in the assessment order

ACIT,, ALLAHABAD vs. M/S KESARWANI & CO., ALLAHABAD

In the result, appeal in ITA No

92,658/- or the sources thereof. He, therefore, found himself incapable of agreeing with the ld. AO to adopt the figures of purchases and sales taken in the trading account prepared her. The ld. CIT(A) pointed out that even the differences pointed out by the ld. AO relating to Mumbai branch went against her findings in the assessment order