M/S. EAGLE TRADERS & LOGISTICS,BELLARY vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE- 2(3), BANGALORE

Accordingly, the appeals filed by the assessee are allowed in above terms

Bench: Shri. Laxmi Prasad Sahu & Shri. Keshav Dubey

disallowing the purchases made by the appellant while accepting the entire sales under the facts & circumstances of the case. 5 The appellant denies itself liable to be levied to interest under 2,04,65,598/- sections 234A, B & C of the Act and further the computation of interest was not provided to the appellant as regard to the rate, period

M/S. EAGLE TRADERS & LOGISTICS,BELLARY vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE- 2(3), BANGALORE

Accordingly, the appeals filed by the assessee are allowed in above terms

Bench: Shri. Laxmi Prasad Sahu & Shri. Keshav Dubey

disallowing the purchases made by the appellant while accepting the entire sales under the facts & circumstances of the case. 5 The appellant denies itself liable to be levied to interest under 2,04,65,598/- sections 234A, B & C of the Act and further the computation of interest was not provided to the appellant as regard to the rate, period

M/S. EAGLE TRADERS & LOGISTICS,BELLARY vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE- 2(3), BANGALORE

153C of the Act has not been complied with\nor having complied, copy of satisfaction note has not been\nprovided to the appellant and thus the assessment has no\nlegs to stand the test of law.\ne) The orders of the authorities below are bad in law as the\nsearch initiated in the case of the appellant is illegal

NIYAZ SEA FOODS ,MANGALORE vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1 , MANGALORE

In the result, appeal of the assessee in ITA

Bench: Shri Chandra Poojari & Shri Keshav Dubey

section 143 of the Act was issued on 26.3.2019 calling for the details. In response thereto, assessee through his ld. A.R. appeared before the ld. AO from time to time and furnished the details called for. Finally, assessment was completed u/s 143(3) r.w.s. 153C of the Act vide order dated 17.12.2019. In the order of assessment

RAMAMURTHY PRAVEEN CHANDRA,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2), BENGALURU

In the result, we have allowed grounds raised by the assessee as per above terms for all the years

Bench: Shri. Laxmi Prasad Sahu & Shri. Soundararajan K

153C NOTICE 26.10.2020 26.10.2020 26.10.2020 26.10.2020 A53A RETURN FILED 25.11.2020 25,11.2020 25.11.2020 25.11.2020 ADDITION MADE DISALLOWED U/S 37 22264350 9628288 1132385 144375 4. The case was centralized and notice under section

RAMAMURTHY PRAVEEN CHANDRA,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2), BENGALURU

In the result, we have allowed grounds raised by the assessee as per above terms for all the years

Bench: Shri. Laxmi Prasad Sahu & Shri. Soundararajan K

153C NOTICE 26.10.2020 26.10.2020 26.10.2020 26.10.2020 A53A RETURN FILED 25.11.2020 25,11.2020 25.11.2020 25.11.2020 ADDITION MADE DISALLOWED U/S 37 22264350 9628288 1132385 144375 4. The case was centralized and notice under section

RAMAMURTHY PRAVEEN CHANDRA,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2), BENGALURU

In the result, we have allowed grounds raised by the assessee as per above terms for all the years

Bench: Shri. Laxmi Prasad Sahu & Shri. Soundararajan K

153C NOTICE 26.10.2020 26.10.2020 26.10.2020 26.10.2020 A53A RETURN FILED 25.11.2020 25,11.2020 25.11.2020 25.11.2020 ADDITION MADE DISALLOWED U/S 37 22264350 9628288 1132385 144375 4. The case was centralized and notice under section

RAMAMURTHY PRAVEEN CHANDRA,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2), BENGALURU

In the result, we have allowed grounds raised by the assessee as per above terms for all the years

Bench: Shri. Laxmi Prasad Sahu & Shri. Soundararajan K

153C NOTICE 26.10.2020 26.10.2020 26.10.2020 26.10.2020 A53A RETURN FILED 25.11.2020 25,11.2020 25.11.2020 25.11.2020 ADDITION MADE DISALLOWED U/S 37 22264350 9628288 1132385 144375 4. The case was centralized and notice under section

SHRI.J M VRUSHABENDRAIAH ,HOSPET vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1 , BELLARY

The appeal of the assessee is partly allowed

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2010-11

disallow purchase expenses claimed by M/s Vrushabendraiah with regard to this material…” Thus even according to the investigation authorities the assessment was required to be made under section 153C

KASIREDDY RANADHEER REDDY ,BENGALURU vs. ACIT, CENTRAL CIRCLE-2(1), BANGALORE

In the result, the appeal filed by the assessee is partly allowed

Bench: Shri Waseem Ahmed & Shri Soundararajan K

section 153C r.w.s. 143(3) of the Act for A.Y. 2011-12 and other relevant assessments years after making certain addition or disallowances

KASIREDDY RANADHEER REDDY ,BENGALURU vs. ACIT, CENTRAL CIRCLE-2(1), BANGALORE

In the result, the appeal filed by the assessee is partly allowed

Bench: Shri Waseem Ahmed & Shri Soundararajan K

section 153C r.w.s. 143(3) of the Act for A.Y. 2011-12 and other relevant assessments years after making certain addition or disallowances

KASIREDDY RANADHEER REDDY ,BANGALORE vs. ACIT, CENTRAL CIRCLE-2(1), BANGALORE

In the result, the appeal filed by the assessee is partly allowed

Bench: Shri Waseem Ahmed & Shri Soundararajan K

section 153C r.w.s. 143(3) of the Act for A.Y. 2011-12 and other relevant assessments years after making certain addition or disallowances

KASIREDDAY RANADHEER REDDY ,BENGALURU vs. ACIT, CENTRAL CIRCLE-2(1), BANGALORE

In the result, the appeal filed by the assessee is partly allowed

Bench: Shri Waseem Ahmed & Shri Soundararajan K

section 153C r.w.s. 143(3) of the Act for A.Y. 2011-12 and other relevant assessments years after making certain addition or disallowances

KASIREDDAY RANADHEER REDDY ,BENGALURU vs. ACIT, CENTRAL CIRCLE-2(1), BANGALORE

In the result, the appeal filed by the assessee is partly allowed

Bench: Shri Waseem Ahmed & Shri Soundararajan K

section 153C r.w.s. 143(3) of the Act for A.Y. 2011-12 and other relevant assessments years after making certain addition or disallowances

KASIREDDY RANADHEER REDDY,BANGALORE vs. ACIT, CENTRAL CIRCLE-2(1), BENGALURU

In the result, the appeal filed by the assessee is partly allowed

Bench: Shri Waseem Ahmed & Shri Soundararajan K

section 153C r.w.s. 143(3) of the Act for A.Y. 2011-12 and other relevant assessments years after making certain addition or disallowances

ACIT vs. M/S VSL MINING CO. P. LTD.,,

In the result, Revenue’s appeal for Assessment Year 2008-09 is dismissed

Bench: Shri N. V. Vasudevan & Shri Jason P Boaz

section 153C of the Act; as the said provisions were required to be invoked for framing an assessment in the case of a person who was not searched, but materials indicating undisclosed income was found in the course of search conducted by the Department. In the aforesaid case of HDFC Bank (supra), Revenue sought to take cognizance of the search

V.S.L. MINING COMPANY PVT. LTD. vs. DCIT,

In the result, Revenue’s appeal for Assessment Year 2008-09 is dismissed

Bench: Shri N. V. Vasudevan & Shri Jason P Boaz

section 153C of the Act; as the said provisions were required to be invoked for framing an assessment in the case of a person who was not searched, but materials indicating undisclosed income was found in the course of search conducted by the Department. In the aforesaid case of HDFC Bank (supra), Revenue sought to take cognizance of the search

M/S P. SHYAMARAJU & CO (I) PVT. LTD.,,BANGALORE vs. DCIT, BANGALORE

In the result, the appeals filed by the assessee are partly allowed

Bench: Shri George George K, Jm & Ms.Padmavathy S, Am

section 153C of the Act; as the said provisions were required to be invoked for framing an assessment in the case of a person who was not searched, but materials indicating undisclosed income was found in the course of search conducted by the Department. In the aforesaid case of HDFC Bank (supra), Revenue sought to take cognizance of the search

ASST.C.I.T., BANGALORE vs. M/S SHYAMARAJU & CO INDIA PVT. LTD.,, BANGALORE

In the result, the appeals filed by the assessee are partly allowed

Bench: Shri George George K, Jm & Ms.Padmavathy S, Am

section 153C of the Act; as the said provisions were required to be invoked for framing an assessment in the case of a person who was not searched, but materials indicating undisclosed income was found in the course of search conducted by the Department. In the aforesaid case of HDFC Bank (supra), Revenue sought to take cognizance of the search