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

In the result the appeal of the assessee is partly allowed

sets of account book,to generate a combined and a final trading profit and loss account that was audited and filed along with the return of the income for the year. The ld. AR invited our attention to the reconciliation statement submitted by him before the ld. CIT(A) and contained on page 10 of his paper book

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

In the result the appeal of the assessee is partly allowed

sets of account book,to generate a combined and a final trading profit and loss account that was audited and filed along with the return of the income for the year. The ld. AR invited our attention to the reconciliation statement submitted by him before the ld. CIT(A) and contained on page 10 of his paper book

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

In the result the appeal of the assessee is partly allowed

sets of account book,to generate a combined and a final trading profit and loss account that was audited and filed along with the return of the income for the year. The ld. AR invited our attention to the reconciliation statement submitted by him before the ld. CIT(A) and contained on page 10 of his paper book

YOGI SATYAM,ALLAHABAD vs. ITO, WARD- 1 (5), ALLAHABAD

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

loss to be carried forward was concerned, it was submitted that such loss has to be essential claimed for being carried forward in the return of income and when such claim has not been made by the assessee, the same cannot be allowed. It was also argued by the Ld. Sr. D.R. that the assessee has not brought

YOGI SATYAM,ALLAHABAD vs. ITO, WARD- 1(5), ALLAHABAD

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

loss to be carried forward was concerned, it was submitted that such loss has to be essential claimed for being carried forward in the return of income and when such claim has not been made by the assessee, the same cannot be allowed. It was also argued by the Ld. Sr. D.R. that the assessee has not brought

SANJANA,ALLAHABAD vs. ITO, WARD-1(5), ALLAHABAD

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

loss to be carried forward was concerned, it was submitted that such loss has to be essential claimed for being carried forward in the return of income and when such claim has not been made by the assessee, the same cannot be allowed. It was also argued by the Ld. Sr. D.R. that the assessee has not brought

YOGI SATYAM,ALLAHABAD vs. ITO, WARD- 1(5), ALLAHABAD

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

loss to be carried forward was concerned, it was submitted that such loss has to be essential claimed for being carried forward in the return of income and when such claim has not been made by the assessee, the same cannot be allowed. It was also argued by the Ld. Sr. D.R. that the assessee has not brought

YOGI SATYAM,ALLAHABAD vs. ITO, WARD-1(5), ALLAHABAD

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

loss to be carried forward was concerned, it was submitted that such loss has to be essential claimed for being carried forward in the return of income and when such claim has not been made by the assessee, the same cannot be allowed. It was also argued by the Ld. Sr. D.R. that the assessee has not brought

SANJANA,ALLAHABAD vs. ITO, WARD-1(5), ALLAHABAD

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

loss to be carried forward was concerned, it was submitted that such loss has to be essential claimed for being carried forward in the return of income and when such claim has not been made by the assessee, the same cannot be allowed. It was also argued by the Ld. Sr. D.R. that the assessee has not brought

SANJANA,ALLAHABAD vs. ITO, WARD- 1 (5), ALLAHABAD

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

loss to be carried forward was concerned, it was submitted that such loss has to be essential claimed for being carried forward in the return of income and when such claim has not been made by the assessee, the same cannot be allowed. It was also argued by the Ld. Sr. D.R. that the assessee has not brought

SANJANA,ALLAHABAD vs. ITO, WARD- 1 (5), ALLAHABAD

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

loss to be carried forward was concerned, it was submitted that such loss has to be essential claimed for being carried forward in the return of income and when such claim has not been made by the assessee, the same cannot be allowed. It was also argued by the Ld. Sr. D.R. that the assessee has not brought

SANJANA,ALLAHABAD vs. ITO, WARD- 1(5), ALLAHABAD

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

loss to be carried forward was concerned, it was submitted that such loss has to be essential claimed for being carried forward in the return of income and when such claim has not been made by the assessee, the same cannot be allowed. It was also argued by the Ld. Sr. D.R. that the assessee has not brought

YOGI SATYAM,ALLAHABAD vs. ITO, WARD- 1 (5), ALLAHABAD

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

loss to be carried forward was concerned, it was submitted that such loss has to be essential claimed for being carried forward in the return of income and when such claim has not been made by the assessee, the same cannot be allowed. It was also argued by the Ld. Sr. D.R. that the assessee has not brought

DY. COMMISSIONER OF INCOME TAX, CIRCLE -1, ALLAHABAD vs. M/S DEORA ELECTRIC WORKS, ALLAHABAD

In the result, both appeals i

reassessment proceeding imperssible and liable to be withdrawn. 4. That in any view of the matter declared receipt were received were from government department through cheque supported by form no. 16A and accepted by AO in original assessment hence action of the assessing officer under the proceeding u/s 148 of the IT Act. is not correct. 5. That

M/S DEORA ELECTRIC WORKS,ALLAHABAD vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE -1, ALLAHABAD

In the result, both appeals i

reassessment proceeding imperssible and liable to be withdrawn. 4. That in any view of the matter declared receipt were received were from government department through cheque supported by form no. 16A and accepted by AO in original assessment hence action of the assessing officer under the proceeding u/s 148 of the IT Act. is not correct. 5. That

DEEPAK AUTO SALES KUNDA PRATAPGARH,PRATAPGARH vs. INCOME TAX OFFICER PRATAPGARH, PRATAPGARH

In the result, the appeal of the assessee stands allowed for statistical purposes

Bench: Shri Anadee Nath Misshra & Shri Subhash Malguria

reassessment proceeding. The said amount represent the sale proceed of his business. The whole confusion arose because of the fact that inadvertently and by oversight another PAN was allotted to M/s Deepak Auto Sales PAN No. AAFCD7825G which was allotted in the status of company which got allotted on the direction of the bank and the said PAN No.AAPCD7825G