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

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

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

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

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