ROYAL ENGINEERING,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ROYAL ENGINEERING,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ACE CONSTRUCTIONS ,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ROYAL ENGINEERING,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD, HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ACE CONSTRUCTIONS,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ROYAL ENGINEERING,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ROYAL ENGINEERING,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ACE CONSTRUCTIONS,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ACE CONSTRUCTIONS,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ASSISTANT COMMISSIONER OF INCOME TAX ,CENTRAL CIRCLE -3(4), HYDERABAD vs. ROYAL ENGINEERING, HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ASSISTANT COMMISSIONER OF INCOME TAX ,CENTRAL CIRCLE -3(4), HYDERABAD vs. ROYAL ENGINEERING, HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ROYAL ENGINEERING, HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ROYAL ENGINEERING, HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ACE CONSTRUCTIONS , HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ACE CONSTRUCTIONS, HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ACE CONSTRUCTIONS, HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

unexplained income of the assessee.” 10.1. Ld. DR filed the copy of Proforma for Recording Satisfaction of Assessing Officer and also Satisfaction Note for Notice u/s 153C at Pages 3 to 5 of the paper book, which are to the following effect : FOR RECORDING SATISFACTION OF ASSESSING OFFICER (To be filled by the Assessing Officer of the person referred

ASSISTANT COMMISSIONER OF INCOME TAX ,CENTRAL CIRCLE-3(4), HYDERABAD vs. ZARA INVESTMENTS PRIVATE LIMITED , SECUNDERABAD

In the result appeal filed by the Revenue is dismissed

reassess total income, including\nany undisclosed income found as a result of search. Therefore,\nrejected the legal ground taken by the assessee.\n20.\nThe Ld.CIT(A) had also deleted the additions made by the\nAssessing Officer towards investment received from M/s\nEfficient Industrial Finance Ltd. u/s 68 of the Act, by holding\nthat the assessee is able to prove

RONAK GUPTA,HYDERABAD vs. ACIT CENTRAL CIRCLE-3(1), HYDERABAD

In the result, all the appeals of assessees are dismissed

Bench: Shri R.K. Panda & Shri Laliet Kumar

unexplained credit taxed in the hands of the firm, in their respective hands. The appellants and the firm are different entitites and therefore needs to be taxed separately in their own hands especially when the nature is different and it is important to note that when the incriminating documents of Rs.70,00,000/ - pertaining to both the appellants were found