ACIT, ROHTAK vs. SH. RAVI PRAKASH AGGARWAL, NEW DELHI

In the result, Cross Objection of the assessee is allowed and consequently the appeal of the Revenue is dismissed

Bench: Sh. Amit Shukladr. B. R. R. Kumar(Through Virtual Hearing) Ita No. 1423/Del/2017 : Asstt. Year : 2011-12 Acit, Vs Sh. Ravi Parkash Aggarwal, Prop. M/S R.P. Jewellers, 1186, 1St Circle, Rohtak Floor, Kucha Mahajani Chandni Chowk, New Delhi-110006 (Appellant) (Respondent) Pan No. Adapa3506E

purchases. The details of the report wherein it was alleged that the assessee has received bogus entries could not be made as a basis for reopening. The existence of belief has to be bonafide and has to be based on material which is relevant hence specific in nature. The basis of the belief should be discernable from the facts

ANUJ BANSAL,NEW DELHI vs. ACIT, CC-14, NEW DELHI

In the result, the appeal filed by the Assessee is allowed

Bench: Shri R.K. Panda & Shri N. K. Choudhry[Assessment Year: 2017-18]

bogus transactions of converting the black money of the appellant to Gold, then the stock inventory of Gold found during the search/survey on the appellant should have been excess by this amount of 50Kgs, which is not the case here, as no stock discrepancy had been brought on record by the AO. The appellant does not appear

RITU KAPUR,NEW DELHI vs. DCIT, CENTRAL CIRCLE-1, NOIDA

In the result, Appeals filed by the Assessee in ITA Nos

Bench: Shri Yogesh Kumar U.S. & Shrimanish Agarwal

153B of the Act whereas the physical order have not been dispatched within said time limit. As such, the Assessment Order passed online as well as physically is barred by limitation and may please be quashed. 3. That the Ld. Commissioner of Income Tax (Appeals) has erred in law and facts of the case while upholding the assessment framed under

RITU KAPUR,NEW DELHI vs. DCIT, CENTRAL CIRCLE-1, NOIDA

In the result, Appeals filed by the Assessee in ITA Nos

Bench: Shri Yogesh Kumar U.S. & Shrimanish Agarwal

153B of the Act whereas the physical order have not been dispatched within said time limit. As such, the Assessment Order passed online as well as physically is barred by limitation and may please be quashed. 3. That the Ld. Commissioner of Income Tax (Appeals) has erred in law and facts of the case while upholding the assessment framed under

DCIT, CENTRAL CIRCLE-1, NOIDA vs. RITU KAPUR, NOIDA

In the result, Appeals filed by the Assessee in ITA Nos

Bench: Shri Yogesh Kumar U.S. & Shrimanish Agarwal

153B of the Act whereas the physical order have not been dispatched within said time limit. As such, the Assessment Order passed online as well as physically is barred by limitation and may please be quashed. 3. That the Ld. Commissioner of Income Tax (Appeals) has erred in law and facts of the case while upholding the assessment framed under

RITU KAPUR,NEW DELHI vs. DCIT, CENTRAL CIRCLE-1, NOIDA

In the result, Appeals filed by the Assessee in ITA Nos

Bench: Shri Yogesh Kumar U.S. & Shrimanish Agarwal

153B of the Act whereas the physical order have not been dispatched within said time limit. As such, the Assessment Order passed online as well as physically is barred by limitation and may please be quashed. 3. That the Ld. Commissioner of Income Tax (Appeals) has erred in law and facts of the case while upholding the assessment framed under

RAGHAV BAHL,NEW DELHI vs. DCIT, CENTRAL CIRCLE-1, NOIDA

In the result, Appeals filed by the Assessee in ITA

Bench: Shri Yogesh Kumar U.S. & Shri Manish Agarwal

153B of the Act whereas the physical order have not been dispatched within said time limit. As such, the Assessment Order passed online as well as physically is barred by limitation and may please be quashed. 3. That the Ld. Commissioner of Income Tax (Appeals) has erred in law and facts of the case while upholding the assessment framed under

RAGHAV BAHL,NEW DELHI vs. DCIT, CENTRAL CIRCLE-1, NOIDA

In the result, Appeals filed by the Assessee in ITA

Bench: Shri Yogesh Kumar U.S. & Shri Manish Agarwal

153B of the Act whereas the physical order have not been dispatched within said time limit. As such, the Assessment Order passed online as well as physically is barred by limitation and may please be quashed. 3. That the Ld. Commissioner of Income Tax (Appeals) has erred in law and facts of the case while upholding the assessment framed under

DCIT, CENTRAL CIRCLE-1, NOIDA vs. RAGHAV BAHL, NOIDA

In the result, Appeals filed by the Assessee in ITA

Bench: Shri Yogesh Kumar U.S. & Shri Manish Agarwal

153B of the Act whereas the physical order have not been dispatched within said time limit. As such, the Assessment Order passed online as well as physically is barred by limitation and may please be quashed. 3. That the Ld. Commissioner of Income Tax (Appeals) has erred in law and facts of the case while upholding the assessment framed under

RAGHAV BAHL,NEW DELHI vs. DCIT, CENTRAL CIRCLE-1, NOIDA

In the result, Appeals filed by the Assessee in ITA

Bench: Shri Yogesh Kumar U.S. & Shri Manish Agarwal

153B of the Act whereas the physical order have not been dispatched within said time limit. As such, the Assessment Order passed online as well as physically is barred by limitation and may please be quashed. 3. That the Ld. Commissioner of Income Tax (Appeals) has erred in law and facts of the case while upholding the assessment framed under

RAGHAV BAHL,NEW DELHI vs. DCIT, CENTRAL CIRCLE-1, NOIDA

In the result, Appeals filed by the Assessee in ITA

Bench: Shri Yogesh Kumar U.S. & Shri Manish Agarwal

153B of the Act whereas the physical order have not been dispatched within said time limit. As such, the Assessment Order passed online as well as physically is barred by limitation and may please be quashed. 3. That the Ld. Commissioner of Income Tax (Appeals) has erred in law and facts of the case while upholding the assessment framed under

GAUTAM CHOPRA,NEW DELHI vs. DCIT, JHANDEWALLAN EXTENSION

In the result, appeal of the assessee is allowed

bogus purchases from Sanjay Jain is\nappended to this report as Annexure-R1, for necessary action/\nintimation.\nThe said list is derived in the following format: -\nS. No.\nPΑΝ\nName\nentity\nof 2019-20\nTotal\nAAGCD3470\nQ\nM/s.\nDEEPAK\nBUILDERS &\nENGINEERS\nINDIA\nPRIVATE\nLIMITED\n9,79,66,80\n1\n9,79,66,801\nThe list of all the beneficiaries (including

ADITI INFRABUILD AND SERVICES LTD.,DELHI vs. DCIT, CENTRAL CIRCLE-30, DELHI

In the result, appeal of the assessee is allowed

purchases u/s 37 of the Act, is beyond the\nscope/jurisdiction of provisions of section 153C read with section\n153A of the Income Tax Act, 1961 and CIT(A) erred in not holding\nso.\n5.\nOn the facts and circumstances of the case and in law, the Id.\nCIT(A) erred in confirming the addition made by the assessing\nofficer