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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

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

1 are also enclosed in PB-1 to PB- 16filed before this Hon’ble Tribunal. 3.6 It is thus seen that in course of the assessment proceedings, the Assessees submitted all relevant documentary evidences conclusively establishing the requisite ingredients of section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know

AMPLEX PROJECTS PRIVATE LIMITED,AGARTALA vs. DCIT/ACIT, CIRCLE SILCHAR, SILCHAR

In the result, appeal of the assessee is allowed in above terms

Bench: the Ld. CIT(A).

131 and section 153, in the case of a person where a search initiated under section 132 or books of account other documents or any assets are requisitioned under section 132A after the 31st day of May, 2003, the Assessing Officer shall- a) issue notice to such person requiring him to furnish within such period

ACCRECENT WAY MARKETING (P) LTD.,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 68. • Explanation of nature and source of the Share Application money was never asked for during the course of the assessment. • During the assessment proceedings Notice u/s 142(1) was issued on 30.10.2012 seeking details/explanations on 17 points. During the course of hearing, no further details were ever called for except the following: a. Hearing Dated 30.11.2012: Books

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

68 of the Act as unexplained cash credit. In appeal before the ld. CIT(A), assessee got relief on the ground that no incriminating material were found during the course of search pertaining to the alleged transaction giving rise to alleged long term capital gain and since the year under consideration is Assessment Year 2012-13 and the time limit

ABCI INFRASTRUCTURES PRIVATE LIMITED,KOLKATA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUWAHATI

In the result, the appeal of the assessee is allowed, whereas the appeal of the Revenue is dismissed

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

1) Ld. CIT(A) has erred by deleting the addition to the t4une of Rs.66,40,68,972/- under the head of cost of material consumed by not taking considering the fact of the modus operandi of booking of bogus expense by beneficiaries including the assessee and re-routing of funds through paper/shell companies explained by Shri Sanjay Kumar Drolia