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

2,86,650 appellant from total receipts LIC Varanasi noted in column A and B on 26/10/2016 On 14/03/2017 7,70,000 Loan was 1,25,000 from Kush advanced on Complex 31/03/2017 10,50,000 The ledger account placed on record by the appellant shows receipt of Rs.11,75,000/- from Mr. Piyush Verma. However, receipt of Rs.1

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

In the result, appeal in ITA No

2 of its appeal, the assessee has also agitated the decision of the ld. CIT(A) to retain an addition of Rs.63,866/- on account of Surti expenses, Rs.9,984/- on account of Telephone expenses, Rs. 7,257/- on account of vehicle expenses, Rs.49,486/- on account of depreciation expenses and Rs.7,000/- on account of repair and maintenance expenses

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

In the result, appeal in ITA No

2 of its appeal, the assessee has also agitated the decision of the ld. CIT(A) to retain an addition of Rs.63,866/- on account of Surti expenses, Rs.9,984/- on account of Telephone expenses, Rs. 7,257/- on account of vehicle expenses, Rs.49,486/- on account of depreciation expenses and Rs.7,000/- on account of repair and maintenance expenses

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

In the result the appeal of the assessee is partly allowed

2 ITR (Trib) 178 (Coch) and DCIT vs. Natrajan (K.)(2010), (Bangalore ITAT), to hold that the requirement that the assessment should be confined to the undisclosed income found during the search were no longer necessary under the new system of assessment. The ld. CIT(A) recorded his respectful disagreement with the decision of the Special Bench Mumbai

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

In the result the appeal of the assessee is partly allowed

2 ITR (Trib) 178 (Coch) and DCIT vs. Natrajan (K.)(2010), (Bangalore ITAT), to hold that the requirement that the assessment should be confined to the undisclosed income found during the search were no longer necessary under the new system of assessment. The ld. CIT(A) recorded his respectful disagreement with the decision of the Special Bench Mumbai

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

In the result the appeal of the assessee is partly allowed

2 ITR (Trib) 178 (Coch) and DCIT vs. Natrajan (K.)(2010), (Bangalore ITAT), to hold that the requirement that the assessment should be confined to the undisclosed income found during the search were no longer necessary under the new system of assessment. The ld. CIT(A) recorded his respectful disagreement with the decision of the Special Bench Mumbai