PATIDAR BUILDER PVT LTD,BHOPAL vs. AO, BHOPAL, BHOPAL

Appeal is allowed partly

Bench: Shri B.M. Biyani & Shri Paresh M. Joshiassessment Year:2011-12 Patidar Builder Pvt. Ltd. Assessing Officer E-4/382 Arera Colony, (Jcit-Range-2, Bhopal) बनाम/ Bhopal Vs. (Assessee/Appellant) (Revenue/Respondent) Pan: Aaacp8931A Assessee By Shri Pankaj Shah & Soumya Bumb, Ars Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 23.07.2025 Date Of Pronouncement 28.07.2025

dividend”. Page 4 of 11 Patidar Builder Pvt. Ltd. ITA No. 557/Ind/2023 – AY 2011-12 10. Learned Representatives of both sides are ad idem that the provisions of section 2(22)(e) do not contemplate addition in the hands of assessee- company. Therefore, the addition made by AO in assessee-company’s hands is not as per scheme of section

ADIM JATI SEWA SAHKARI SAMITI MYDT JOBAT,ALIRAJPUR vs. FACELESS ASSESSMENT OFFICER, ALIRAJPUR

Bench: Shri B.M. Biyani & Shri Paresh M. Joshiadim Jati Sewa Sahkari Samiti National Faceless बनाम/ Mydt., Assessment Centre Vs. 01, Jobat, Jobat, Delhi Alirajpur (Assessee/Appellant) (Revenue/Respondent) Pan: Aaala0577E Assessee By Shri P.D. Nagar, Ar Revenue By Shri Ashish Porwal, Sr. Dr

dividends derived by the co-operative society from its investments with any other co-operative society, the whole of such income;" 7. In this case, the undisputed facts are as under:- The assessee is a Co-operative Society, The assessee had deposits as FDs in GSCB, The assessee earned income as interest, The GSCB is a Co-operative Society

SHRI SURENDRA SINGH BHATIA,INDORE vs. THE JCIT-3, INDORE

In the result, assessee’s appeal is allowed

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

dividend income under Rule 8D r.w.s. 14A to the tune of Rs.8,83,383/- and personal expenses of Rs.6,18,746/-. Thus, the total income was assessed at Rs 40,15,16,900/-, upon making addition of Rs.15,02,129/- and penalty proceedings u/s 271AAA of the Act was initiated by issuing notice under Section 274 r.w.s. 271D