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 & 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

DCIT, CIRCLE-II , ALLAHABAD vs. BHARAT PUMPS & COMPRESSORS LTD, ALLAHABAD

In the result, appeal filed by Revenue for ay: 2007-08 is allowed for statistical purposes

Bench: Shri.Vijay Pal Rao & Shri Ramit Kochar

reassessment order dated 31.12.2009 passed by AO, the assessee carried the matter further by filing an appeal before ld. CIT(A). It was Bharat Pumps & Compressors Ltd. Assessment Years: 2005-06 & 2007-08 submitted by assessee before ld. CIT(A) that as per BPCL Employees Provident Fund Trust’s annual accounts for the financial year

DCIT, CIRCLE-II , ALLAHABAD vs. BHARAT PUMPS & COMPRESSORS LTD, ALLAHABAD

In the result, appeal filed by Revenue for ay: 2007-08 is allowed for statistical purposes

Bench: Shri.Vijay Pal Rao & Shri Ramit Kochar

reassessment order dated 31.12.2009 passed by AO, the assessee carried the matter further by filing an appeal before ld. CIT(A). It was Bharat Pumps & Compressors Ltd. Assessment Years: 2005-06 & 2007-08 submitted by assessee before ld. CIT(A) that as per BPCL Employees Provident Fund Trust’s annual accounts for the financial year

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-3, MIRZAPUR vs. M/S. J.P.YADAV , SONEBHADRA

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

Bench: Shrivijay Pal Rao & Shri Ramit Kochar

set aside the appellate order passed by ld. CIT(A). 6.4 The Ld. Counsel for the assessee, on the other hand, submitted that the interest income of Rs. 8.58 lacs was duly credited to the Profit and Loss account, and no income had escaped assessment and it was merely a technical mistake committed by Auditors in tax-audit report

SHOBHA RASTOGI,ALLAHABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-1, ALLAHABAD

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

Bench: Shri.Vijay Pal Raoassessment Year: 2008-09 Smt. Shobha Rastogi, V. Deputy Commissioner Of Income 30-A, M.G. Marg, Civil Lines, Tax, Circle-1, Allahabad, U.P. Allahabad, U.P. Pan-Afqpr4774R (Appellant) (Respondent) Appellant By: Mr. Praveen Godbole, C.A. Respondent By: Mr. A.K. Singh, Sr. Dr Date Of Hearing: 12.08.2021 Date Of Pronouncement: 13.08.2021

reassessment framed by the Assessing Officer under section 143(3) read with section 147 of the Income Tax Act. The learned AR of the assessee has submitted that the Assessing Officer has issued notice under section 143(2) on 29.06.2010 which is beyond the limitation and therefore the re-assessment framed by the Assessing Officer is invalid and liable

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

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

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

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