SHRI JAGDISH KUMAR GULIA,BHOPAL vs. THRE ASSTT.DIRECTORE OF INCOME TAX ,CPC, BENGALURU

In the result, this appeal is partly allowed

Bench: Shri B.M. Biyani & Shri Paresh M. Joshi

148 taxmann.com 153 / 199 ITD 724 (Mum. Trib) ITA No. 2376/MUM/2022, decided by the ITAT 07/12/2022 to support her contention. 7. Though the decision cited was that of the ITAT, we have considered the same. In our judgment, however, the fact that the assessment order in Checkmate Services (P) Ltd. (supra) was incidentally under section 143(3) and the assessment

THE ACIT, CIRCLE 2(1), INDORE vs. M/S SURYA INFRA VENTURE PVT. LTD., INDORE

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

TDS on several other payments made during the year and consequently, no disallowance was called for under Section 40(a)(ia) of the Act. 9.1 We further find that the Co-ordinate Bench in the case of the assessee itself for the A.Y. 2009-10 vide order dated 10.11.2014 approved the net profit rate of 5% in the business carried

THE ACIT, CENTRAL-1, INDORE vs. M/S SURYA INFRA VENTURE PVT. LTD., INDORE

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

TDS on several other payments made during the year and consequently, no disallowance was called for under Section 40(a)(ia) of the Act. 9.1 We further find that the Co-ordinate Bench in the case of the assessee itself for the A.Y. 2009-10 vide order dated 10.11.2014 approved the net profit rate of 5% in the business carried

THE AIT,ENTRAL-1, INDORE vs. SURYA INFRAVENTURE P LTD, INDORE

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

TDS on several other payments made during the year and consequently, no disallowance was called for under Section 40(a)(ia) of the Act. 9.1 We further find that the Co-ordinate Bench in the case of the assessee itself for the A.Y. 2009-10 vide order dated 10.11.2014 approved the net profit rate of 5% in the business carried

JAGDISH SOLANKI ,JHABUA vs. INCOME TAX OFFICER JHABUA, JHABUA

Appeal is dismissed

148 has been obtained separately from Additional Commissioner of Income Tax as per the provisions of section 151 of the Act\nPage 10 of 23\n(In case the document is digitally signed please refer Digital Signature at the bottom of the page)\nITA No. 169/Ind/2025 – AY 2017-18\n11. By reading above document line by line in open court

THE ITO-1(1), BHOPAL vs. M/S FRIENDS ASSOCIATES, BHOPAL

In the result, the appeal of revenue is dismissed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniito-1(1) M/S Friends Associates Bhopal Shop No.32, G.T.B. Complex New Market, Vs. Bhopal

TDS instead of Rs. 1,00,82,950/- disallowed by the A.O.” 3. Ld. DR has submitted that initially the assessment was reopened vide notice u/s 148 issued on 22.03.2019 and the assessment u/s 143(3) r.w. section

ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL)-1, INDORE vs. SHRI RITESH JAIN, INDORE

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani & It(Ss)Ano.14/Ind/2022 (Assesssment Year 2011-12

148 of the Act. AO while passing assessment order has assessed the income of the appellant at Rs. 3, 75 ,09,440/- as against the returned income of Rs. 4,49,440/-. The difference in the assessed income and the returned income is on account of the following two additions: S.No. Disallowances/ Additions Amount (in Rs.) Page

DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL)-1, BHOPAL vs. DILIP BUILDCON LIMITED, BHOPAL

In the result, revenue’s appeal for A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad&

148 which is merely due to change of opinion and therefore, the re-opening is bad in law. 2. On the facts and circumstances of the case and in law Ld. Commissioner of Income Tax (Appeals) erred in confirming the action of the Ld. AO in making disallowance of Rs. 98,41,52,223/- on account of claim of addition

DILIP BUILDCON LIMITED,BHOPAL vs. DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL)-1, BHOPAL

In the result, revenue’s appeal for A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad&

148 which is merely due to change of opinion and therefore, the re-opening is bad in law. 2. On the facts and circumstances of the case and in law Ld. Commissioner of Income Tax (Appeals) erred in confirming the action of the Ld. AO in making disallowance of Rs. 98,41,52,223/- on account of claim of addition

DILIP BUILDCON LTD.,BHOPAL vs. DCIT (CENTRAL)-1, BHOPAL

In the result, revenue’s appeal for A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad&

148 which is merely due to change of opinion and therefore, the re-opening is bad in law. 2. On the facts and circumstances of the case and in law Ld. Commissioner of Income Tax (Appeals) erred in confirming the action of the Ld. AO in making disallowance of Rs. 98,41,52,223/- on account of claim of addition

DILIP BUILDCON LTD.,BHOPAL vs. DCIT (CENTRAL)-1, BHOPAL

In the result, revenue’s appeal for A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad&

148 which is merely due to change of opinion and therefore, the re-opening is bad in law. 2. On the facts and circumstances of the case and in law Ld. Commissioner of Income Tax (Appeals) erred in confirming the action of the Ld. AO in making disallowance of Rs. 98,41,52,223/- on account of claim of addition

DCIT (CENTRAL)-1, BHOPAL vs. DILIP BUILDCON LTD., BHOPAL

In the result, revenue’s appeal for A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad&

148 which is merely due to change of opinion and therefore, the re-opening is bad in law. 2. On the facts and circumstances of the case and in law Ld. Commissioner of Income Tax (Appeals) erred in confirming the action of the Ld. AO in making disallowance of Rs. 98,41,52,223/- on account of claim of addition

DCIT (CENTRAL)-1, BHOPAL vs. DILIP BUILDCON LTD., BHOPAL

In the result, revenue’s appeal for A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad&

148 which is merely due to change of opinion and therefore, the re-opening is bad in law. 2. On the facts and circumstances of the case and in law Ld. Commissioner of Income Tax (Appeals) erred in confirming the action of the Ld. AO in making disallowance of Rs. 98,41,52,223/- on account of claim of addition

SHRI DILIP BUILDCON LTD,BHOPAL vs. DCIT CENTRAL -1, BHOPAL

In the result, revenue’s appeal for A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad&

148 which is merely due to change of opinion and therefore, the re-opening is bad in law. 2. On the facts and circumstances of the case and in law Ld. Commissioner of Income Tax (Appeals) erred in confirming the action of the Ld. AO in making disallowance of Rs. 98,41,52,223/- on account of claim of addition

THED CIT ,CENTRAL-1, BHOPAL vs. M/S DILIP BUILDCON LTD, BHOPAL

In the result, revenue’s appeal for A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad&

148 which is merely due to change of opinion and therefore, the re-opening is bad in law. 2. On the facts and circumstances of the case and in law Ld. Commissioner of Income Tax (Appeals) erred in confirming the action of the Ld. AO in making disallowance of Rs. 98,41,52,223/- on account of claim of addition

M/S BHARTI AIRTEL LIMITED,INDORE vs. DEPUTY COMMISSIONER OF INCOME TAX-TDS, INDORE

In the result, appeals of assessee are allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

TDS-II (AO) has erred both on facts and in law in applying the provisions of Section 194H of the Income Tax Act, 1961 to the discount given to distributors on sale of pre-paid products, being, "right to use Airtime for a specified value". The learned Commissioner of Income Tax (Appeals) has further erred both on facts

M/S. BHARTI AIRTEL LIMITED,INDORE vs. THE ITO TDS-II, INDORE

In the result, appeals of assessee are allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

TDS-II (AO) has erred both on facts and in law in applying the provisions of Section 194H of the Income Tax Act, 1961 to the discount given to distributors on sale of pre-paid products, being, "right to use Airtime for a specified value". The learned Commissioner of Income Tax (Appeals) has further erred both on facts

THE DCIT, 2(1), INDORE vs. SHRI KESHAV KUMAR NACHANI, INDORE

In the result, all the appeals of the Revenue are dismissed

Bench: Smt. Madhumita Roy & Shri Bhagirath Mal Biyani

1 kgm Silver bar was sold with a profit in the range of Rs. 500'/- to Rs 800/- during the reference year. In view of the above, gross profit earned on sale of per Silver bar is determined at Rs. 800/- In this regard the reply given for Gross Profit estimation in case of Gold KG Bars is equally applicable