AERENS JAI REALTY PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 9, NEW DELHI

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

Bench: Shri Anil Chaturvedi & Shri C.M. Garg

survey operation u/s 133A of the Act on the assessee entity at their two business addresses at Chiranjivi Tower, which was commenced on 17.08.2011 and concluded on 18.08.2011 by preparing an inventory of impounded documents, etc. ITAs No.6675, 6676 & 6677/Del/2017 10. Per contra, from the copy of warrant of authorization u/s 132 of the Act dated 16.08.2011 and panchnama dated

MAHAGUN INDIA PVT. LTD.,NEW DELHI vs. ACIT, NEW DELHI

Bench: Shri Vikas Awasthy & Shri Naveen Chandra

survey action u/s 133A of the assessee 20.03.2007. Thereafter a search and seizure operation was also conducted by the Investigation Wing V(I), Delhi in Mahagun group of cases on 27.08.2008 which included the premises of the assessee u/s 132 of the Income-tax Act, 1961 [the Act, for short]. After centralizing the assessee’s case, notice u/s 153A

ACIT, NEW DELHI vs. SH MAHAGUN INDIA PVT. LTD.,, DELHI

Bench: Shri Vikas Awasthy & Shri Naveen Chandra

survey action u/s 133A of the assessee 20.03.2007. Thereafter a search and seizure operation was also conducted by the Investigation Wing V(I), Delhi in Mahagun group of cases on 27.08.2008 which included the premises of the assessee u/s 132 of the Income-tax Act, 1961 [the Act, for short]. After centralizing the assessee’s case, notice u/s 153A

ACIT, NEW DELHI vs. SH MAHAGUN INDIA PVT. LTD.,, DELHI

Bench: Shri Vikas Awasthy & Shri Naveen Chandra

survey action u/s 133A of the assessee 20.03.2007. Thereafter a search and seizure operation was also conducted by the Investigation Wing V(I), Delhi in Mahagun group of cases on 27.08.2008 which included the premises of the assessee u/s 132 of the Income-tax Act, 1961 [the Act, for short]. After centralizing the assessee’s case, notice u/s 153A

MAHUGUN INDIA PVT. LTD.,NEW DELHI vs. ACIT, NEW DELHI

Bench: Shri Vikas Awasthy & Shri Naveen Chandra

survey action u/s 133A of the assessee 20.03.2007. Thereafter a search and seizure operation was also conducted by the Investigation Wing V(I), Delhi in Mahagun group of cases on 27.08.2008 which included the premises of the assessee u/s 132 of the Income-tax Act, 1961 [the Act, for short]. After centralizing the assessee’s case, notice u/s 153A

RUBY SINGH,NEW DELHI vs. DCIT, CENTRAL CIRCLE-8, NEW DELHI

In the result, all the seven captioned appeals filed by the assessee stand dismissed in the aforesaid manner

Bench: Shri Chandra Mohan Garg & Shri M. Balaganesh, Accoutant Member

u/s. 133A of the Act was conducted and during the survey in those cases transactions pertaining to the appellant were found and the reasons for reopening of assessment recorded on the basis of the documents impounded during the course of survey and on the basis of the statements of certain parties recorded during and post survey investigations

RUBY SINGH,NEW DELHI vs. DCIT, CENTRAL CIRCLE-8, NEW DELHI

In the result, all the seven captioned appeals filed by the assessee stand dismissed in the aforesaid manner

Bench: Shri Chandra Mohan Garg & Shri M. Balaganesh, Accoutant Member

u/s. 133A of the Act was conducted and during the survey in those cases transactions pertaining to the appellant were found and the reasons for reopening of assessment recorded on the basis of the documents impounded during the course of survey and on the basis of the statements of certain parties recorded during and post survey investigations

RUBY SINGH ,NEW DELHI vs. DCIT, CENTRAL CIRCLE-8, NEW DELHI

In the result, all the seven captioned appeals filed by the assessee stand dismissed in the aforesaid manner

Bench: Shri Chandra Mohan Garg & Shri M. Balaganesh, Accoutant Member

u/s. 133A of the Act was conducted and during the survey in those cases transactions pertaining to the appellant were found and the reasons for reopening of assessment recorded on the basis of the documents impounded during the course of survey and on the basis of the statements of certain parties recorded during and post survey investigations

RUBY SINGH,NEW DELHI vs. DCIT, CENTRAL CIRCLE-8, NEW DELHI

In the result, all the seven captioned appeals filed by the assessee stand dismissed in the aforesaid manner

Bench: Shri Chandra Mohan Garg & Shri M. Balaganesh, Accoutant Member

u/s. 133A of the Act was conducted and during the survey in those cases transactions pertaining to the appellant were found and the reasons for reopening of assessment recorded on the basis of the documents impounded during the course of survey and on the basis of the statements of certain parties recorded during and post survey investigations

RUBY SINGH,NEW DELHI vs. DCIT, CENTRAL CIRCLE-8, NEW DELHI

In the result, all the seven captioned appeals filed by the assessee stand dismissed in the aforesaid manner

Bench: Shri Chandra Mohan Garg & Shri M. Balaganesh, Accoutant Member

u/s. 133A of the Act was conducted and during the survey in those cases transactions pertaining to the appellant were found and the reasons for reopening of assessment recorded on the basis of the documents impounded during the course of survey and on the basis of the statements of certain parties recorded during and post survey investigations

RUBY SINGH,DELHI vs. DCIT, CENTRAL CIRCLE-8, NEW DELHI

In the result, all the seven captioned appeals filed by the assessee stand dismissed in the aforesaid manner

Bench: Shri Chandra Mohan Garg & Shri M. Balaganesh, Accoutant Member

u/s. 133A of the Act was conducted and during the survey in those cases transactions pertaining to the appellant were found and the reasons for reopening of assessment recorded on the basis of the documents impounded during the course of survey and on the basis of the statements of certain parties recorded during and post survey investigations

RUBY SINGH ,NEW DELHI vs. DCIT, CENTRAL CIRCLE-8, NEW DELHI

In the result, all the seven captioned appeals filed by the assessee stand dismissed in the aforesaid manner

Bench: Shri Chandra Mohan Garg & Shri M. Balaganesh, Accoutant Member

u/s. 133A of the Act was conducted and during the survey in those cases transactions pertaining to the appellant were found and the reasons for reopening of assessment recorded on the basis of the documents impounded during the course of survey and on the basis of the statements of certain parties recorded during and post survey investigations

DCIT, NEW DELHI vs. M/S CHOTTI LEASING & FINANCE PVT. LTD.,, NEW DELHI

In the result, the appeals filed by the Revenue in ITA No

Bench: Shri N.K. Billaiya & Shri Anubhav Sharma

survey, u/s 133A at the office premises of Agarwal Vishwanath & Associates, Shushre Securities Pvt. Ltd., Shrey Infradevelopers Pvt. Ltd. and others situated at 2-D, MIG DDA Flat, Gulabi Bagh, Delhi. The documents were impounded u/s 133A and were not seized u/s 132. At this stage, a reference is made to the provisions of section 153C which are reproduced below

DCIT, NEW DELHI vs. M/S CHOTTI LEASING & FINANCE PVT. LTD.,, NEW DELHI

In the result, the appeals filed by the Revenue in ITA No

Bench: Shri N.K. Billaiya & Shri Anubhav Sharma

survey, u/s 133A at the office premises of Agarwal Vishwanath & Associates, Shushre Securities Pvt. Ltd., Shrey Infradevelopers Pvt. Ltd. and others situated at 2-D, MIG DDA Flat, Gulabi Bagh, Delhi. The documents were impounded u/s 133A and were not seized u/s 132. At this stage, a reference is made to the provisions of section 153C which are reproduced below

DCIT, NEW DELHI vs. M/S CHOTTI LEASING & FINANCE PVT. LTD.,, NEW DELHI

In the result, the appeals filed by the Revenue in ITA No

Bench: Shri N.K. Billaiya & Shri Anubhav Sharma

survey, u/s 133A at the office premises of Agarwal Vishwanath & Associates, Shushre Securities Pvt. Ltd., Shrey Infradevelopers Pvt. Ltd. and others situated at 2-D, MIG DDA Flat, Gulabi Bagh, Delhi. The documents were impounded u/s 133A and were not seized u/s 132. At this stage, a reference is made to the provisions of section 153C which are reproduced below

DCIT, NEW DELHI vs. M/S CHOTTI LEASING & FINANCE PVT. LTD.,, NEW DELHI

In the result, the appeals filed by the Revenue in ITA No

Bench: Shri N.K. Billaiya & Shri Anubhav Sharma

survey, u/s 133A at the office premises of Agarwal Vishwanath & Associates, Shushre Securities Pvt. Ltd., Shrey Infradevelopers Pvt. Ltd. and others situated at 2-D, MIG DDA Flat, Gulabi Bagh, Delhi. The documents were impounded u/s 133A and were not seized u/s 132. At this stage, a reference is made to the provisions of section 153C which are reproduced below

O.K. AUTO COMPONENTS PVT LTD,HARYANA vs. DCIT CIRCLE-1, HARYANA

In the result, the appeal filed by the assesee stand allowed

Bench: Shri Shamim Yahya & Shri Vimal Kumarm/S O.K. Auto Components Vs. Dcit, Circle-1, (P) Ltd., Haryana A-131, Sgm Nagar, Faridabad Haryana – 121001 (Pan: Aaac05770E) (Appellant) (Respondent)

133A on 20.12.2012. During the survey assessee surrendered additional income / unexplained investment u/s. 68/69 amounting to Rs. 1.10 Crore with the breakup as Rs. 10 lakhs as cash, Rs. 40 lacs as excess stock, Rs. 30 lakhs as unexplained creditors, Rs. 20 lakhs in Plant and Machinery and Rs. 10 lakhs in building investment. On perusal of records, AO further

ARUN ENTERPRISES,GHAZIABAD vs. PR,CIT, GHAZIABAD

In the result, the appeal of the assessee in ITA No

Bench: Shri N.K. Billaiya & Shri Anubhav Sharma

survey u/s. 133A due to discrepancies in the books of account and source of the same pertained to business/profession carried out by the assessee. However, keeping in view of the fact that the abovementioned audit observation are at initial stage of half margin note' and no LAR has been received till date. Therefore, no explanation could be submitted