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27 results for “house property”+ Unexplained Cash Creditclear

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Key Topics

Section 69A11Section 143(3)10Addition to Income10Section 2509Section 1476Section 685Section 44A5Depreciation5Disallowance5

DCIT, CENTRAL CIRCLE-1, GUWAHATI, GUWAHATI vs. BRAHMAPUTRA FINLEASE PRIVATE LIMITED, NEW DELHI

In the result, appeal filed by the revenue is dismissed and the cross- objection filed by the Assessee is Partly Allowed

ITA 110/GTY/2023[2018-19]Status: DisposedITAT Guwahati28 Jan 2025AY 2018-19

Bench: Shri Manomohan Das, Hon’Ble & Shri Rakesh Mishra, Hon’Ble

For Appellant: Shri Vivek Malhotra, FCAFor Respondent: Soumendu Sekhar Das, JCIT
Section 132Section 143(2)Section 153CSection 250Section 68

House South West Delhi New Delhi – 110037 PAN : AAACK3691G (Appellant) (Respondent) Assessee By: Shri Vivek Malhotra, FCA Department By: Soumendu Sekhar Das, JCIT Date of Hearing: 30.12.2024 Date of Pronouncement: 28 .01.2025 ORDER PER MANOMOHAN DAS, JM This appeal by the Revenue is directed against the order of the Commissioner of Income Tax (Appeals), Central, North Eastern Region, Guwahati (hereinafter

Showing 1–20 of 27 · Page 1 of 2

House Property4
Section 1483
Section 153C3

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, GUWAHATI vs. BATH AND SANITARY, GUWAHATI

In the result, the appeal of revenue is dismissed

ITA 169/GTY/2020[2012-13]Status: DisposedITAT Guwahati30 Oct 2023AY 2012-13

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

Section 147Section 148Section 68

unexplained cash credit would have to be assessed in the individual partners of the firm not the firm itself and, therefore, the addition made u/s 68 on account of capital contribution has to be deleted. Similar ratio has been laid down by the Coordinate bench of the Tribunal in the case of M/s. Sarker Marine Service

RANEE NARAH ,GUWAHATI vs. ACIT CIR -2 GUWAHATI, GUWAHATI

Appeal is allowed for statistical purposes

ITA 147/GTY/2025[2017-18]Status: DisposedITAT Guwahati28 Oct 2025AY 2017-18

Bench: The Ld. Cit(A) On The Basis Of Following Findings:

Section 23(4)Section 250Section 68Section 69A

credited in the books / bank accounts of an assessee maintained for any previous year, and the assessee offers no explanation about the nature and source thereof or the explanation offered by him is not, in the opinion of the Assessing Officer, satisfactory, such sum may be charged to income tax as the income of that assessee for that previous year

SUBHASH CHAND CHORARIA,GUWAHATI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 2, GUWAHATI

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 63/GTY/2024[2017-18]Status: DisposedITAT Guwahati16 Oct 2025AY 2017-18

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 115BSection 143(2)Section 143(3)Section 250Section 69A

unexplained. The assessee justified the opening cash in hand by giving a chart which is mentioned on page 7 and 8 of the appeal order. The Ld. CIT(A), despite giving the finding that the assessee had not submitted any evidence of the opening cash balance of ₹19,19,446/- as on 01.04.2015 in the returned income

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

ITA 54/GTY/2023[2015-16]Status: DisposedITAT Guwahati01 Sept 2023AY 2015-16

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 55/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 56/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 57/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 58/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 59/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 60/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

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

ITA 66/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 51/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 52/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 53/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 61/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 62/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 63/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 64/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals

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

ITA 65/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

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

unexplainedly s with unexplainedly “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi “weak fundamentals” such as SRK Industries Ltd and Surabhi Chemicals. On the other hand, it must also be noted that some of the Chemicals. On the other hand, it must also be noted that some of the Chemicals