TRIVENI GLASS LIMITED,ALLAHABAD vs. INCOME TAX OFFICER WARD 2(3), ALLAHABAD

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

Bench: Shri.Vijay Pal Rao& Shri Ramit Kochar

6-7 years since he left his services without intimation to the company. It was submitted that on final settlement of his dues, Rs.194,908.50/- was adjusted against advance outstanding in the name of Mr. G. Narayan Swamy (Ex-employee) during the financial year 2007-08. It was submitted by ld. Counsel for the assesseethat at that time said amount

TRIVENI GLASS LIMITED,ALLAHABAD vs. INCOME TAX OFFICER WARD 2(3) , ALLAHABAD

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

Bench: Shri.Vijay Pal Rao& Shri Ramit Kochar

6-7 years since he left his services without intimation to the company. It was submitted that on final settlement of his dues, Rs.194,908.50/- was adjusted against advance outstanding in the name of Mr. G. Narayan Swamy (Ex-employee) during the financial year 2007-08. It was submitted by ld. Counsel for the assesseethat at that time said amount

ZILA SAHKARI BANK LTD.,MIRZAPUR vs. ASSTT. COMMISIONER OF INCOME TAX, MIRZAPUR

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

Bench: Shrivijay Pal Rao & Shri Ramit Kochar

6. BECAUSE investment in fixed assets stood fully supported by the entries in the books of accent as had been found to be maintained in regular course of ‘banking business’ and other information as had been made available to the Assessing Officer, and accordingly part of disallowance of the claim of depreciation as has been sustained

ZILA SAHKARI BANK LTD,,MIRZAPUR vs. JT. C.I.T.,, MIRZAPUR

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

Bench: Shrivijay Pal Rao & Shri Ramit Kochar

6. BECAUSE investment in fixed assets stood fully supported by the entries in the books of accent as had been found to be maintained in regular course of ‘banking business’ and other information as had been made available to the Assessing Officer, and accordingly part of disallowance of the claim of depreciation as has been sustained

ACIT CIRCLE-2, ALLAHABAD vs. M/S SHERWANI SUGAR SYNDICATE LTD., ALLAHABAD

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

Bench: Shrivijay Pal Rao & Shri Ramit Kocharassessment Year: 1997-98 The Assistant Commissioner Of V. M/S Shervani Sugar Syndicate Income-Tax, Circle-2, Ltd., Allahabad, U.P. 28, South Road , Allahabad,U.P. Pan/Gir: 19-653-Cv-3480 New Pan: Not Available (Appellant) (Respondent)

6 in the chart in para 6.6 above ) is concerned , the ld CIT(A) deleted the addition on the grounds that interest payable to U.P. State Government is not hit by provisions of Section 43B. The ld. CIT(A) simply deleted the addition based on the contentions made by the assessee by holding that interest payable on Sugar Development fund

POOJA GROVER,ALLAHABAD vs. DCIT, CIR-2,, ALLAHABAD

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

Bench: Shri Subhash Malguria & Shri Nikhil Choudhary

depreciation of Rs.5,29,827/- be allowed. 6. Learned Departmental Representative, on the other hand, supported the orders of the lower authorities and submitted that in the assessment proceedings before the Assessing Officer, the assessee submitted merely PANs, confirmation letters and account statements of all four creditors as per her books of account without anything more to discharge her burden

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

In the result the appeal of the assessee is partly allowed

depreciation against these assets, which would seem to suggest that the balance- sheets contained on KZ-1, were not complete and final balance-sheets. While, we agree with the view of the ld. CIT(A), that the concerned balance-sheets and profit and loss accounts which have been found during the course of search are not rough work / dumb documents

KESARWANI & C0,,ALLAHABAD vs. JT CIT,, ALLAHABAD

In the result the appeal of the assessee is partly allowed

depreciation against these assets, which would seem to suggest that the balance- sheets contained on KZ-1, were not complete and final balance-sheets. While, we agree with the view of the ld. CIT(A), that the concerned balance-sheets and profit and loss accounts which have been found during the course of search are not rough work / dumb documents

KESARWANI & C0.,ALLAHABAD vs. JT.CIT., ALLAHABAD

In the result the appeal of the assessee is partly allowed

depreciation against these assets, which would seem to suggest that the balance- sheets contained on KZ-1, were not complete and final balance-sheets. While, we agree with the view of the ld. CIT(A), that the concerned balance-sheets and profit and loss accounts which have been found during the course of search are not rough work / dumb documents