ACIT, NEW DELHI vs. M/S GAHOI BUILDWELL PVT. LTD.,, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishiita Nos. 2702, 2703, 2710/Del/2013 Assessment Years 2007-08, 2008-09 & 2009-10

delayed payment by the purchaser which assessee has calculated to be @ 24%. Nowhere, as held by the Ld. CIT(A), it has been found or there is even mention in any seized document that interest rate so calculated has been realised from the said party. The AO has made the addition on the ground that, section 132(4A) raises

ACIT, NEW DELHI vs. M/S GAHOI BUILDWELL PVT. LTD.,, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishiita Nos. 2702, 2703, 2710/Del/2013 Assessment Years 2007-08, 2008-09 & 2009-10

delayed payment by the purchaser which assessee has calculated to be @ 24%. Nowhere, as held by the Ld. CIT(A), it has been found or there is even mention in any seized document that interest rate so calculated has been realised from the said party. The AO has made the addition on the ground that, section 132(4A) raises

DHINGRA PROJECTS PVT LTD,NEW DELHI vs. ACIT CIRCLE-7(2), NEW DELHI

In the result, the appeal is allowed for statistical purposes

Bench: Shri Saktijit Dey & Dr. B.R.R. Kumarassessment Year: 2015-16

condone the delay and admit the appeal for adjudication. 3. We have heard the parties and perused the materials on record. The basic grievance of the assessee is against ex-parte disposal of the appeal by learned Commissioner (Appeals). 4. As could be seen from the facts on record, the assessee is a resident company. For the assessment year under

KM. PREETI SINGH,MEERUT vs. ITO, NOIDA

Bench: Shri Amit Shukla & Shri Anadee Nath Misshra

condone the delay in filing of this appeal and admit the appeal for adjudication on merits. Page 2 of 16 ITA No.-6909/Del/2014. Km. Preeti Singh. (3) The case of the Assessee was selected for scrutiny, through Computer Assisted Scrutiny Selection (CASS) to examine the source of investment made in immovable property. The Assessee did not participate

SHRI SURYA KANT JAIPURIA,NEW DELHI vs. ACIT, NEW DELHI

In the result, the appeal of the assessee is partly allowed

Bench: Sh. R. K. Panda & Sh. Kuldip Singhita No. 2586/Del/2016 : Asstt. Year: 2007-08 Sh. Surya Kant Jaipuria, Vs Asstt. Commissioner Of Income S-25, Green Park Main Market, Tax, Central Circle-7, New Delhi-110016 New Delhi (Appellant) (Respondent) Pan No. Aaipj6008K Assessee By : Sh. P. C. Yadav, Adv. Revenue By : Smt. Pramita M. Biswas, Cit Dr Date Of Hearing :01.04.2019 Date Of Pronouncement : 01.07.2019 Order Per R. K. Panda:

delay should be condoned and justice should be done. For the above, proposition he relied on the decision of Hon’ble Apex Court in the case of Improvement Trust Vs Ujagar Singh (2010) 6 SSC 786. 12. After hearing the arguments of the ld. Departmental Representative and considering the facts narrated in the petition for raising the additional ground

PR. COMMISSIONER OFINCOME TAX vs. E-FUNDS INTERNATIONAL INDIA PVT. LTD.

The appeals are dismissed

delay in re-filing the respective appeals is condoned. 2. The applications are disposed of. ITA No. 607/2015 & 608/2015 3. These two appeals by the Revenue are under Section 260A of the Income Tax Act, 1961 („Act‟). 4. At the outset, Mr. Kamal Sawhney, learned Senior Standing counsel for the Revenue states that page 6 of the memorandum of appeal

PR. COMMISSIONER OFINCOME TAX vs. E-FUNDS INTERNATIONAL INDIA PVT. LTD.

The appeals are dismissed

delay in re-filing the respective appeals is condoned. 2. The applications are disposed of. ITA No. 607/2015 & 608/2015 3. These two appeals by the Revenue are under Section 260A of the Income Tax Act, 1961 („Act‟). 4. At the outset, Mr. Kamal Sawhney, learned Senior Standing counsel for the Revenue states that page 6 of the memorandum of appeal

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1 NOIDA, NOIDA vs. M/S ALLURE DEVELOPERS PRIVATE LIMITED, NOIDA

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

condonation of delay scheme for filing the returns. In view of the above, it was felt necessary to make enquiries both with Hallow Securities Pvt. Ltd. and SFIO (the Nodal Authority maintaining the database) to know, if any, proceedings were pending with respect to Hallow Securities Pyt Ltd. with SFIO and whether M/s. Hallow Securities Pvt. Ltd. had been regular

DY COMMISSIONER OF INCOME TAX, NOIDA vs. M/S ALLURE DEVELOPERS PRIVATE LIMITED, DELHI

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

condonation of delay scheme for filing the returns. In view of the above, it was felt necessary to make enquiries both with Hallow Securities Pvt. Ltd. and SFIO (the Nodal Authority maintaining the database) to know, if any, proceedings were pending with respect to Hallow Securities Pyt Ltd. with SFIO and whether M/s. Hallow Securities Pvt. Ltd. had been regular

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1 NOIDA, NOIDA vs. M/S ALLURE DEVELOPERS PVT. LTD, NEW DELHI

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

condonation of delay scheme for filing the returns. In view of the above, it was felt necessary to make enquiries both with Hallow Securities Pvt. Ltd. and SFIO (the Nodal Authority maintaining the database) to know, if any, proceedings were pending with respect to Hallow Securities Pyt Ltd. with SFIO and whether M/s. Hallow Securities Pvt. Ltd. had been regular

DY. COMMISSIONER OF INCOME TAX, NOIDA vs. STAR LANDCRAFT PRIVATE LIMITED, GHAZIABAD

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

condonation of delay scheme for filing the returns. In view of the above, it was felt necessary to make enquiries both with Hallow Securities Pvt. Ltd. and SFIO (the Nodal Authority maintaining the database) to know, if any, proceedings were pending with respect to Hallow Securities Pyt Ltd. with SFIO and whether M/s. Hallow Securities Pvt. Ltd. had been regular

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1 NOIDA, NOIA vs. M/S AJAY REALCON PVT. LTD., NOIDA

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

condonation of delay scheme for filing the returns. In view of the above, it was felt necessary to make enquiries both with Hallow Securities Pvt. Ltd. and SFIO (the Nodal Authority maintaining the database) to know, if any, proceedings were pending with respect to Hallow Securities Pyt Ltd. with SFIO and whether M/s. Hallow Securities Pvt. Ltd. had been regular

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1 NOIDA, NOIDA vs. M/S ACE RESIDENCY PVT. LTD, GHAZIABAD

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

condonation of delay scheme for filing the returns. In view of the above, it was felt necessary to make enquiries both with Hallow Securities Pvt. Ltd. and SFIO (the Nodal Authority maintaining the database) to know, if any, proceedings were pending with respect to Hallow Securities Pyt Ltd. with SFIO and whether M/s. Hallow Securities Pvt. Ltd. had been regular

DY. COMMISSIONER OF INCOME TAX, NOIDA vs. STAR LANDCRAFT PRIVATE LIMITED, GHAZIABAD

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

condonation of delay scheme for filing the returns. In view of the above, it was felt necessary to make enquiries both with Hallow Securities Pvt. Ltd. and SFIO (the Nodal Authority maintaining the database) to know, if any, proceedings were pending with respect to Hallow Securities Pyt Ltd. with SFIO and whether M/s. Hallow Securities Pvt. Ltd. had been regular

ACIT, CIRCLE-18(2), NEW DELHI vs. NIIT TECHNOLOGIES LTD., NEW DELHI

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

condonation of delay scheme for filing the returns. In view of the above, it was felt necessary to make enquiries both with Hallow Securities Pvt. Ltd. and SFIO (the Nodal Authority maintaining the database) to know, if any, proceedings were pending with respect to Hallow Securities Pyt Ltd. with SFIO and whether M/s. Hallow Securities Pvt. Ltd. had been regular

M/S LEGACY FOODS PVT. LTD. vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 13(1) NEW DELHI & ANR.

Bench: The Next Date Of Hearing.

197 days [in ITA No.46/2023]. 2. Mr Abhishek Maratha, who appears on behalf of the respondents/revenue, says that he does not oppose the prayer made in the applications. 3. Accordingly, the delay is condoned. 4. The applications are disposed of. CM No.3412/2023 in ITA 45/2023 CM No.3415/2023 in ITA 46/2023 5. Allowed, subject to the appellant filing legible copies

M/S LEGACY FOODS PVT. LTD. vs. DEPUTY COMMISSIONER OF INCOME TAX, & ANR.

Bench: The Next Date Of Hearing.

197 days [in ITA No.46/2023]. 2. Mr Abhishek Maratha, who appears on behalf of the respondents/revenue, says that he does not oppose the prayer made in the applications. 3. Accordingly, the delay is condoned. 4. The applications are disposed of. CM No.3412/2023 in ITA 45/2023 CM No.3415/2023 in ITA 46/2023 5. Allowed, subject to the appellant filing legible copies

PINGASH HOME APPLIANCES PRIVATE LIMITED,FARIDABAD vs. ITO WARD-2(1), FARIDABAD

In the result, appeal of the assessee is allowed

Bench: Shri Saktijit Dey, Vice- & Shri Girish Agrawal

delay is condoned and the appeal is admitted for adjudication. 3. Grounds taken by the assessee are as under: 1. That the Ld. CIT(A) has erred in law as well as on facts in confirming addition of Rs.93,00,000/- u/s. 68 of the IT Act, 1961 on account of alleged unexplained share premium and share capital despite furnishing