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

94,908.00 Enclosed JV dated 31.03.2012 & Ledger of Pre- operative Expenses of Plant 1 operative Exp. Page 126/123 Discount allowed to Bawa Float Glass Ltd 8,22,740.00 Copy of Credit Note enclosed Page 127 Interest provided on U.P. Safety Glass 5,90,985.59 Page 126 I.C.D. upto 31.03.2011 73,01,827.59 5.2 The ld. CIT(A) rejected the contentions

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)

94,450/- is outstanding as at 31.03.1997 under the head ‘Capital Work in Progress’. These contentions of the assessee will require verification which needs investigation and enquiries into the factual aspects to unravel the truth , as also adjudication of legal issue as to applicability of Section 43B in such a scenario as ultimately, the assessee will be claiming depreciation

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

In the result, appeal in ITA No

section 145(3) to this extent and made an addition of Rs.1,00,000/- on this account, thereby giving the assessee relief of Rs.86,94,292/-. 3. The second issue in the Department’s appeal is the decision of the ld. CIT(A) to delete an addition of Rs.2,66,73,629/- on account of unaccounted purchases, without appreciating that

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

In the result, appeal in ITA No

section 145(3) to this extent and made an addition of Rs.1,00,000/- on this account, thereby giving the assessee relief of Rs.86,94,292/-. 3. The second issue in the Department’s appeal is the decision of the ld. CIT(A) to delete an addition of Rs.2,66,73,629/- on account of unaccounted purchases, without appreciating that

MEJA URJA NIGAM (P) LTD.,ALLAHABAD vs. INCOME TAX OFFICE WARD-2 (2), ALLAHABAD

In the result, both the appeals of the assessee for ay: 2015-16 and 2016-17

Bench: Shri.Vijay Pal Rao & Shri Ramit Kochar

94 (SC) , and then the claim of the assessee was allowed for both the years by tribunal, by holding as under: “We have heard both the parties and perused the material available on record. It can be seen that in both the assessment orders the commencement of the business was not started but was only to the extent that

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

In the result the appeal of the assessee is partly allowed

7. With relation to the disallowance of Rs.10,120/- out of repair and maintenance expenses, the ld. CIT(A) observed that the ld. AO had noticed that vouchers for repair expenses under the head institution had not been maintained and the submissions of the appellant for assessment year 2004-05, wherein it had been submitted that only internal payment vouchers

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

In the result the appeal of the assessee is partly allowed

7. With relation to the disallowance of Rs.10,120/- out of repair and maintenance expenses, the ld. CIT(A) observed that the ld. AO had noticed that vouchers for repair expenses under the head institution had not been maintained and the submissions of the appellant for assessment year 2004-05, wherein it had been submitted that only internal payment vouchers

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

In the result the appeal of the assessee is partly allowed

7. With relation to the disallowance of Rs.10,120/- out of repair and maintenance expenses, the ld. CIT(A) observed that the ld. AO had noticed that vouchers for repair expenses under the head institution had not been maintained and the submissions of the appellant for assessment year 2004-05, wherein it had been submitted that only internal payment vouchers