DCIT, NEW DELHI vs. M/S. MAJESTIC PROPERTIES (P) LTD., NEW DELHI

In the result, all the appeals of the revenue are dismissed

Bench: Dr. B. R. R. Kumarsh. Yogesh Kumar Usita No. 5231/Del/2011 : Asstt. Year 2005-06 Ita No. 5392/Del/2011 : Asstt. Year 2006-07 Ita No. 5579/Del/2011 : Asstt. Year 2007-08 Acit, Vs. M/S Majestic Properties (P) Ltd., Central Circle-2, 1/18B, Asaf Ali Road, New Delhi New Delhi (Appellant) (Respondent) Pan No. Aaacm7158E Assessee By : Dr. Rakesh Gupta, Adv. & Sh. Deepesh Garg, Adv. Revenue By : Ms. Shivani Singh, Cit Dr Date Of Hearing: 22.07.2022 Date Of Pronouncement: 14.10.2022

House 7=75 Rohit Cash P.L. A/c 2=00 06/05/08 Opposite side of Page No. 3 20 No. 01.04.03 CR 24.06 A/CT/F/SH 20 No. P.S. 01.04.03 CR 6=40 A/cT/F8Ha/c Opposite side of Page No. 4 N-166 01.04.03 CR 13.08 A/C NiL Opposite side of Page No. 5 SM 01.04.03 CR 20.00 Int 1/4/03 To 10=35 31/12/08 1/1/2009

ACIT, NEW DELHI vs. M/S. MAJESTIC PROPERTIES PVT. LTD., NEW DELHI

In the result, all the appeals of the revenue are dismissed

Bench: Dr. B. R. R. Kumarsh. Yogesh Kumar Usita No. 5231/Del/2011 : Asstt. Year 2005-06 Ita No. 5392/Del/2011 : Asstt. Year 2006-07 Ita No. 5579/Del/2011 : Asstt. Year 2007-08 Acit, Vs. M/S Majestic Properties (P) Ltd., Central Circle-2, 1/18B, Asaf Ali Road, New Delhi New Delhi (Appellant) (Respondent) Pan No. Aaacm7158E Assessee By : Dr. Rakesh Gupta, Adv. & Sh. Deepesh Garg, Adv. Revenue By : Ms. Shivani Singh, Cit Dr Date Of Hearing: 22.07.2022 Date Of Pronouncement: 14.10.2022

House 7=75 Rohit Cash P.L. A/c 2=00 06/05/08 Opposite side of Page No. 3 20 No. 01.04.03 CR 24.06 A/CT/F/SH 20 No. P.S. 01.04.03 CR 6=40 A/cT/F8Ha/c Opposite side of Page No. 4 N-166 01.04.03 CR 13.08 A/C NiL Opposite side of Page No. 5 SM 01.04.03 CR 20.00 Int 1/4/03 To 10=35 31/12/08 1/1/2009

ACIT, NEW DELHI vs. M/S. MAJESTIC PROPERTIES PVT. LTD., NEW DELHI

In the result, all the appeals of the revenue are dismissed

Bench: Dr. B. R. R. Kumarsh. Yogesh Kumar Usita No. 5231/Del/2011 : Asstt. Year 2005-06 Ita No. 5392/Del/2011 : Asstt. Year 2006-07 Ita No. 5579/Del/2011 : Asstt. Year 2007-08 Acit, Vs. M/S Majestic Properties (P) Ltd., Central Circle-2, 1/18B, Asaf Ali Road, New Delhi New Delhi (Appellant) (Respondent) Pan No. Aaacm7158E Assessee By : Dr. Rakesh Gupta, Adv. & Sh. Deepesh Garg, Adv. Revenue By : Ms. Shivani Singh, Cit Dr Date Of Hearing: 22.07.2022 Date Of Pronouncement: 14.10.2022

House 7=75 Rohit Cash P.L. A/c 2=00 06/05/08 Opposite side of Page No. 3 20 No. 01.04.03 CR 24.06 A/CT/F/SH 20 No. P.S. 01.04.03 CR 6=40 A/cT/F8Ha/c Opposite side of Page No. 4 N-166 01.04.03 CR 13.08 A/C NiL Opposite side of Page No. 5 SM 01.04.03 CR 20.00 Int 1/4/03 To 10=35 31/12/08 1/1/2009

M/S. BHUSHAN STEEL LTD.,NEW DELHI vs. ACIT, NEW DELHI

In the result, the appeal of the assessee for AY 2017-18 is partly allowed

Bench: Shris.Rifaur Rahman & Shri Anubhav Sharma

69D. The reply of the appellant was sent for remand report on all the grounds and the AO has stated that the appellant's version that cash was lying with different persons is an afterthought. It has been further stated by the appellant that the date of search was 3/11/2016 and subsequently on 8/11/2016 demonetization was announced by the Government

DCIT, CENTRAL CIRCLE, GHAZIABAD vs. SOLITAIRE REALINFRA PRIVATE LIMITED, NOIDA

In the result, the appeal of the assessee for AY 2017-18 is partly allowed

69D. The reply of the appellant was sent for remand\nreport on all the grounds and the AO has stated that the appellant's version that\ncash was lying with different persons is an afterthought.\nIt has been further stated by the appellant that the date of search was 3/11/2016 and\nsubsequently on 8/11/2016 demonetization was announced by the Government

SOLITAIRE REALINFRA PRIVATE LIMITED,NOIDA vs. DCIT, GHAZIABAD

In the result, the appeal of the assessee for AY 2017-18 is partly allowed

69D. The reply of the appellant was sent for remand\nreport on all the grounds and the AO has stated that the appellant's version that\ncash was lying with different persons is an afterthought.\nIt has been further stated by the appellant that the date of search was 3/11/2016 and\nsubsequently on 8/11/2016 demonetization was announced by the Government

DCIT, CENTRAL CIRCLE, GHAZIABAD vs. SOLITAIRE REALINFRA PRIVATE LIMITED, NOIDA

In the result, the appeal of the assessee for AY 2017-18 is partly allowed

69D. The reply of the appellant was sent for remand\nreport on all the grounds and the AO has stated that the appellant's version that\ncash was lying with different persons is an afterthought.\nIt has been further stated by the appellant that the date of search was 3/11/2016 and\nsubsequently on 8/11/2016 demonetization was announced by the Government