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

In the result the appeal of the assessee is partly allowed

reassessment would be confined to the evidence found in the course of the search. Relying upon the case of Shiv Nath Rai Harnarayan (India) Ltd. vs. DCIT 117 TTJ 480 (ITAT Delhi Bench), the ld. CIT(A) held that after May, 31, 2003, the earlier provisions of block assessment in the case of search initiated against the assessee would

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

In the result the appeal of the assessee is partly allowed

reassessment would be confined to the evidence found in the course of the search. Relying upon the case of Shiv Nath Rai Harnarayan (India) Ltd. vs. DCIT 117 TTJ 480 (ITAT Delhi Bench), the ld. CIT(A) held that after May, 31, 2003, the earlier provisions of block assessment in the case of search initiated against the assessee would

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

In the result the appeal of the assessee is partly allowed

reassessment would be confined to the evidence found in the course of the search. Relying upon the case of Shiv Nath Rai Harnarayan (India) Ltd. vs. DCIT 117 TTJ 480 (ITAT Delhi Bench), the ld. CIT(A) held that after May, 31, 2003, the earlier provisions of block assessment in the case of search initiated against the assessee would

ACIT,ALLAHABAD vs. M/S SUNSINE INFRASTATE PVT TTD, ALLAHABAD

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

Bench: Shri.Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2011-12 The Assistant Commissioner Of Sunshine Infraestate Income-Tax, Central Circle, V. Private Limited Allahabad, U.P. 17, Industrial Area, Naini, Allahabad, U.P. Pan: Aancs9247H (Appellant) (Respondent) C.O.No. 22/Alld/2017 (Arising Out Of Ita No.103/Alld/2017) Assessment Year: 2011-12 Sunshine Infraestate Private Limited The Assistant 17, Industrial Area, Naini, V. Commissioner Of Allahabad, U.P. Income-Tax, Central Circle, Allahabad, U.P. Pan: Aancs9247H (Appellant) (Respondent)

reassess returns of assessee not only for undisclosed income found during search operation but also with regard to material available at the time of original assessment.” 2b. The assessee has raised following grounds in C.O. filed with tribunal: “1. That in any view of the matter it is not correct to say that the learned Commissioner of Income(Appeal

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

unexplained. The said information as gathered by the department is correct in so far as the deposit in bank account with PNB account No. 6743OO21OOOOO915 was the disclosed account in the financial statement filed much before the start of reassessment proceeding. The said amount represent the sale proceed of his business. The whole confusion arose because of the fact that

SHRI BACHANU RAM,,MIRZAPUR vs. ITO,, MIRZAPUR

In the result, the appeal filed by the assessee with tribunal in ITA No

Bench: Shri.Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2009-10 Sri Bachanu Ram, V. Ito, Range – Iii(1), Mirzapur, Saketpuri Colony, Sabri, U.P. Mirzapur,U.P. Pan: Beqps 3977 K (Appellant) (Respondent)

unexplained investment u/s 69 as made by the assessing officer and confirm by the Commission(er) of Income Tax (Appeal) is highly unjustified. 6. That in any view of the matter the deposit in bank account are from definite sources and the amount belongs to various agriculturists but both the two lower authorities failed to provide reasonable opportunity

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. 8. Aggrieved by re-assessment framed by the AO , the assessee filed first appeal before learned CIT(A) and submitted as under.:- “The Ld. A.R. for the appellant has submitted as under- “As per clause (1) of Paragraph 38 of Employee’s Provident Fund Scheme, 1952, Employee’s contribution deducted is to be deposited together with

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. 8. Aggrieved by re-assessment framed by the AO , the assessee filed first appeal before learned CIT(A) and submitted as under.:- “The Ld. A.R. for the appellant has submitted as under- “As per clause (1) of Paragraph 38 of Employee’s Provident Fund Scheme, 1952, Employee’s contribution deducted is to be deposited together with

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

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

cash withdrawals of Rs.73,50,000/- have been made by Appellant through banking channels and duly verified form (from) from the bank accounts submitted by the appellant. Nothing contrary to the explanation given by the appellant has been seen." 13.3 The Ld. A.R. submitted that it is amply clear from the above finding of the AO that he, after

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

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

cash withdrawals of Rs.73,50,000/- have been made by Appellant through banking channels and duly verified form (from) from the bank accounts submitted by the appellant. Nothing contrary to the explanation given by the appellant has been seen." 13.3 The Ld. A.R. submitted that it is amply clear from the above finding of the AO that he, after

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

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

cash withdrawals of Rs.73,50,000/- have been made by Appellant through banking channels and duly verified form (from) from the bank accounts submitted by the appellant. Nothing contrary to the explanation given by the appellant has been seen." 13.3 The Ld. A.R. submitted that it is amply clear from the above finding of the AO that he, after

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

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

cash withdrawals of Rs.73,50,000/- have been made by Appellant through banking channels and duly verified form (from) from the bank accounts submitted by the appellant. Nothing contrary to the explanation given by the appellant has been seen." 13.3 The Ld. A.R. submitted that it is amply clear from the above finding of the AO that he, after

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

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

cash withdrawals of Rs.73,50,000/- have been made by Appellant through banking channels and duly verified form (from) from the bank accounts submitted by the appellant. Nothing contrary to the explanation given by the appellant has been seen." 13.3 The Ld. A.R. submitted that it is amply clear from the above finding of the AO that he, after

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

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

cash withdrawals of Rs.73,50,000/- have been made by Appellant through banking channels and duly verified form (from) from the bank accounts submitted by the appellant. Nothing contrary to the explanation given by the appellant has been seen." 13.3 The Ld. A.R. submitted that it is amply clear from the above finding of the AO that he, after

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

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

cash withdrawals of Rs.73,50,000/- have been made by Appellant through banking channels and duly verified form (from) from the bank accounts submitted by the appellant. Nothing contrary to the explanation given by the appellant has been seen." 13.3 The Ld. A.R. submitted that it is amply clear from the above finding of the AO that he, after

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

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

cash withdrawals of Rs.73,50,000/- have been made by Appellant through banking channels and duly verified form (from) from the bank accounts submitted by the appellant. Nothing contrary to the explanation given by the appellant has been seen." 13.3 The Ld. A.R. submitted that it is amply clear from the above finding of the AO that he, after

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

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

cash withdrawals of Rs.73,50,000/- have been made by Appellant through banking channels and duly verified form (from) from the bank accounts submitted by the appellant. Nothing contrary to the explanation given by the appellant has been seen." 13.3 The Ld. A.R. submitted that it is amply clear from the above finding of the AO that he, after

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

The appeals are partly allowed

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

cash withdrawals of Rs.73,50,000/- have been made by Appellant through banking channels and duly verified form (from) from the bank accounts submitted by the appellant. Nothing contrary to the explanation given by the appellant has been seen." 13.3 The Ld. A.R. submitted that it is amply clear from the above finding of the AO that he, after