DCIT, CIRCLE-1, DIBRUGARH vs. BAJRANG LAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE-1, DIBRUGARH vs. BACHH RAJ BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE-1, DIBRUGARH vs. BACHH RAJ BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. HANS RAJ BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. HANS RAJ BAMALWA (HUF), DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. USHA BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. MEENAKSHI BAMALWA SONI, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. BHAGWATI DEVII BAMALWA , DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. VISHAL BAMALWA , DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE-1, DIBRUGARH vs. VINAY BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE-1, DIBRUGARH vs. RAVI BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE-1, DIBRUGARH vs. MADAN LAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE-1, DIBRUGARH vs. SHEETAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

D.C.I.T., CIRCLE-1, DIBRUGARH vs. PRAMOD KUMAR BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

14. SHEETAL 2013-14 Twenty First Century 75,89,343 PB-14 BAMALWA India Ltd. 15. PRAMOD KUMAR 2013-14 Twenty First Century 3,93,36,039 PB-15 BAMALWA India Ltd. 16. VINOD 2013-14 Twenty First Century 2,39,89,732 PB-16 BAMALWA India Ltd. TOTAL ADDITION 64,48,50,444 10. Keeping in mind the above

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, DIBRUGARH, DIBRUGARH vs. SANTOSH BAMALWA, DIBRUGARH

In the result, appeal of the revenue is dismissed and the cross- objection filed by the assessee is allowed

Bench: Dr. Manish Borad, Hon’Ble & Shri Sonjoy Sarma, Hon’Blei.T.A. No. 104/Gty/2023 Assessment Year: 2012-13 Assistant Commissioner Of Income Smt. Santosh Bamalwa Tax, Circle-1, Dibrugarh Vs Ground Floor Mahalaya Road C/O A.K. Varma Dibrugarh - 786001 [Pan: Aedpb9900P] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) C.O. No. 34/Gty/2023 Assessment Year: 2012-13 Smt. Santosh Bamalwa Assistant Commissioner Of Income Tax, Circle-1, Dibrugarh Vs Ground Floor Mahalaya Road C/O A.K. Varma Dibrugarh - 786001 [Pan: Aedpb9900P] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri S.K. Tulsiyan, Advocate Revenue By : Shri Arun Bhowmick, Jcit, D/R सुनवाई क" तारीख/Date Of Hearing : 01/11/2023 घोषणा क" तारीख /Date Of Pronouncement: 13/12/2023 आदेश/O R D E R Per Dr. Manish Borad: The Present Appeal Filed By The Revenue & The Cross-Objection Filed By The Assessee Are Directed Against The Order Of The Learned Commissioner Of Income Tax (Appeals), Central, North-East Region, Guwahati (Hereinafter The “Ld. Cit(A)”) Dt. 14/07/2023, Passed U/S

capital gain, the grounds are almost identical. This Tribunal vide its order dt. 01/09/2023 in ITA NO. 51 & 52/GAU/2023 & ors., has adjudicated the similar issues and dismissed the revenue’s appeal observing as follows:- “27. We have duly considered the rival contentions and gone through the record carefully. Section 153A including the amendment effected by Finance Act, 2017 whereby

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI vs. SHRI PANNALAL BHANSALI, GUWAHATI

In the result, appeal of the revenue as well as the Cross

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2016-17

2(22)(e) of the Act arose in this respect? 8.2. Ld. CIT(A) has not conducted any enquiry himself or caused to conduct an enquiry for examination of these transactions which have been claimed to be executed in the preceding years so as to ascertain whether these have been adequately subjected to taxation under the relevant provisions

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-SHILLONG, SHILLONG vs. M/S. DHAR CONSTRUCTION COMPANY, SHILLONG

In the result, the appeal of revenue is partly allowed

capital in a year. Valid notices u/s. 143(2) & 142(1) of the Act were issued. Various details were called for by the ld. AO, which the assessee has filed. Income assessed at Rs.4,84,36,311/- after making following disallowances :- Returned Income : Rs.1,21,98,600 ADD: Disallowance u/s 40(b)(v) [paras 3] Rs. 66,43,474 Disallowance

AGRIM INFRAPROJECT PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI

In the result, this appeal of the assessee i

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

14. The ld. D.R., on the other hand, drew our attention towards paragraph no. 3.1 of the assessment order and submitted that during the course of search, one Inspector was deputed to carry out spot verifications at Chokhani Group, who indulged providing accommodation and his finding demonstrated that this share application money was bogus. 15. We have duly considered