ACIT RANGE 1(1), BHOPAL vs. AISECT LTD. , BHOPAL

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Roy

survey was conducted u/s 133A of the Act on 9.10.2015 and 10.10.2015. Statement of Managing Director Mr. Santosh Choubey was recorded where he voluntarily offered Rs.23 crores on account of inflated purchase in the books. The copy of the statement was provided to the assessee on 20.10.2015. On 10.11.2015 retraction of surrender of income was filed through an affidavit dated

AISECT LTD. ,BHOPAL vs. ACIT RANGE 1(1), BHOPAL

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Roy

survey was conducted u/s 133A of the Act on 9.10.2015 and 10.10.2015. Statement of Managing Director Mr. Santosh Choubey was recorded where he voluntarily offered Rs.23 crores on account of inflated purchase in the books. The copy of the statement was provided to the assessee on 20.10.2015. On 10.11.2015 retraction of surrender of income was filed through an affidavit dated

M/S PATIDAR HOSPITAL & RESEARCH CENTRE,UJJAIN vs. THE ITO 2(1), UJJAIN

In the result, ITA No.1007/Ind/2016 is partly allowed, is allowed and ITA

Bench: Shri Kul Bharat & Shri Manish Borad

survey proceedings u/s. 133A conducted on 21/08/2009 were duly offered for taxation in Profit and Loss account as “Income from Hospital”.” Thus, the same was shown as income from hospital and same fact was not denied by the ld CIT(A). No other source from where the same could have been earned was pointed

M/S. PATIDAR HOSPITAL & RESEARCH CENTRE,UJJAIN vs. THE ITO 2(1), UJJAIN

In the result, ITA No.1007/Ind/2016 is partly allowed, is allowed and ITA

Bench: Shri Kul Bharat & Shri Manish Borad

survey proceedings u/s. 133A conducted on 21/08/2009 were duly offered for taxation in Profit and Loss account as “Income from Hospital”.” Thus, the same was shown as income from hospital and same fact was not denied by the ld CIT(A). No other source from where the same could have been earned was pointed

M/S. PATIDAR HOSPITAL & RESEARCH CENTRE,UJJAIN vs. THE ITO 2(1), UJJAIN

In the result, ITA No.1007/Ind/2016 is partly allowed, is allowed and ITA

Bench: Shri Kul Bharat & Shri Manish Borad

survey proceedings u/s. 133A conducted on 21/08/2009 were duly offered for taxation in Profit and Loss account as “Income from Hospital”.” Thus, the same was shown as income from hospital and same fact was not denied by the ld CIT(A). No other source from where the same could have been earned was pointed

M/S DHAR AUTHOMOTIVE PVT. LTD,INDORE vs. DCIT TDS, INDORE

In the result, the second issue for lower/non-deduction of TCS

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad

TDS survey u/s 133A of the Act was conducted on 26.05.2014 to verify the TCS/TCS compliances of the assessee. It entered

M/S DHAR AUTHOMOTIVE PVT. LTD,INDORE vs. DCIT TDS, INDORE

In the result, the second issue for lower/non-deduction of TCS

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad

TDS survey u/s 133A of the Act was conducted on 26.05.2014 to verify the TCS/TCS compliances of the assessee. It entered

M/S DHAR AUTHOMOTIVE PVT. LTD,INDORE vs. DCIT TDS, INDORE

In the result, the second issue for lower/non-deduction of TCS

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad

TDS survey u/s 133A of the Act was conducted on 26.05.2014 to verify the TCS/TCS compliances of the assessee. It entered

THE ACIT (CENTRAL), UJJAIN vs. M/S. VYANKTESH PLASTICS & PACKAGING (P) LTD., UJJAIN

Bench: Justice P.P. Bhatt, Hon'Ble & Hon'Ble Manish Boradvirtual Hearing Assessment Year: 2016-17 M/S. Ariba Foods Pvt. Acit (Central), Vs. Ltd, 101, Gold Star Building, Ujjain Opp. Treasure Island, 5767 M.G. Road, Indore (Revenue ) (Appellant) Pan No.Aalca7223M Assessment Year: 2015-16 M/S. Vyanktesh Plastics Acit (Central), Vs. & Packaging Pvt. Ltd, 75/7-B, Industrial Area, Ujjain Maxi Road, Ujjain (Revenue ) (Appellant) Pan No.Aaacv6547J Assessment Year: 2011-12

133A were carried out. Further, the directors of the lender companies were found on given address and their statements were also recorded; (iii) During the course of the search/ survey, in the assessee company as well as lender companies, not a single incriminating material or document was found giving any iota of assessee having obtained non-genuine loans

ACIT (CENTRAL) , UJJAIN vs. M/S. ARIBA FOODS (P) LTD., INDORE

Bench: Justice P.P. Bhatt, Hon'Ble & Hon'Ble Manish Boradvirtual Hearing Assessment Year: 2016-17 M/S. Ariba Foods Pvt. Acit (Central), Vs. Ltd, 101, Gold Star Building, Ujjain Opp. Treasure Island, 5767 M.G. Road, Indore (Revenue ) (Appellant) Pan No.Aalca7223M Assessment Year: 2015-16 M/S. Vyanktesh Plastics Acit (Central), Vs. & Packaging Pvt. Ltd, 75/7-B, Industrial Area, Ujjain Maxi Road, Ujjain (Revenue ) (Appellant) Pan No.Aaacv6547J Assessment Year: 2011-12

133A were carried out. Further, the directors of the lender companies were found on given address and their statements were also recorded; (iii) During the course of the search/ survey, in the assessee company as well as lender companies, not a single incriminating material or document was found giving any iota of assessee having obtained non-genuine loans

THE ACIT (CENTRAL), UJJAIN vs. M/S. FAMOUS VANIJYA (P) LTD. , UJJAIN

Bench: Justice P.P. Bhatt, Hon'Ble & Hon'Ble Manish Boradvirtual Hearing Assessment Year: 2016-17 M/S. Ariba Foods Pvt. Acit (Central), Vs. Ltd, 101, Gold Star Building, Ujjain Opp. Treasure Island, 5767 M.G. Road, Indore (Revenue ) (Appellant) Pan No.Aalca7223M Assessment Year: 2015-16 M/S. Vyanktesh Plastics Acit (Central), Vs. & Packaging Pvt. Ltd, 75/7-B, Industrial Area, Ujjain Maxi Road, Ujjain (Revenue ) (Appellant) Pan No.Aaacv6547J Assessment Year: 2011-12

133A were carried out. Further, the directors of the lender companies were found on given address and their statements were also recorded; (iii) During the course of the search/ survey, in the assessee company as well as lender companies, not a single incriminating material or document was found giving any iota of assessee having obtained non-genuine loans

DEPUTY COMMISSIONER OF INCOME TAX, KHANDWA vs. SHRI SANDEEP KUMAR MUNDRA. PROP.M/S S.K. ENTERPRISES, BURHANPUR

In the result, both the revenue’s appeals in ITANo

Bench: Hon'Ble I Kul Bharat & Hon'Ble Manish Boradassessment Year: 2013-14 Dcit, Shri Sudhir Kumar Mundra. Prop. Khandwa M/S. Sudhir Trading Co., बनाम/ Jamalpura, Vs. (Revenue) (Respondent) Pan: Acvpm3934G Assessment Year: 2013-14 Dcit, Shri Sandeep Kumar Mundra. Prop. Khandwa M/S. S. K. Enterprises, Amagird, बनाम/ Kalabagh, Burhanpur Vs. (Revenue) (Respondent) Pan: Abtpm8551C Appellant By Shri Rajiv Jain Sr. Dr Revenue By Shri Manoj Fadnis, Ca Date Of Hearing: 26.12.2018 Date Of Pronouncement: 08.02.2019

u/s 133A of the Act was conducted on 20.12.2012 and during the course of survey itself physical stock was inventorized and it was found to be excess at Rs.90,98,439/- in comparison to the stock as per books of accounts on the date of survey. During the course of Sudhir & Sandeep Kumar Mundra assessment proceedings assessee on the strength

DEPUTY COMMISSIONER OF INCOME TAX, KHANDWA vs. SHRI SUDHIR KUMAR MUNDRA. PROP. M/S SUDHIR TRADING CO., BURHANPUR

In the result, both the revenue’s appeals in ITANo

Bench: Hon'Ble I Kul Bharat & Hon'Ble Manish Boradassessment Year: 2013-14 Dcit, Shri Sudhir Kumar Mundra. Prop. Khandwa M/S. Sudhir Trading Co., बनाम/ Jamalpura, Vs. (Revenue) (Respondent) Pan: Acvpm3934G Assessment Year: 2013-14 Dcit, Shri Sandeep Kumar Mundra. Prop. Khandwa M/S. S. K. Enterprises, Amagird, बनाम/ Kalabagh, Burhanpur Vs. (Revenue) (Respondent) Pan: Abtpm8551C Appellant By Shri Rajiv Jain Sr. Dr Revenue By Shri Manoj Fadnis, Ca Date Of Hearing: 26.12.2018 Date Of Pronouncement: 08.02.2019

u/s 133A of the Act was conducted on 20.12.2012 and during the course of survey itself physical stock was inventorized and it was found to be excess at Rs.90,98,439/- in comparison to the stock as per books of accounts on the date of survey. During the course of Sudhir & Sandeep Kumar Mundra assessment proceedings assessee on the strength

DR. VINOD BHANDARI,INDORE vs. THE DCIT CIR. 2(1), INDORE

In the result appeal of the assessee is allowed

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13 Shri Vinod Bhandari, Pr. Cit(1), Indore 21- Gf, Bhandari House, Talkies, Scheme No.54, Vs. Vijay Nagar, Indore (Appellant) (Revenue ) Pan No.Abnpb6240M Assessment Year: 2012-13

133A on 24.9.2011 and during the course of survey proceedings he admitted the discrepancies of unsecured loans given to various persons and offered Rs.7 crores as undisclosed unaccounted income for tax for Assessment Year 2011-12. During the course of survey revenue authorities impounded various incriminating material including hundis which were claimed by the assessee to have been issued

SHRI VINOD BHANDARI,INDORE vs. THE PR.CIT-1, INDORE

In the result appeal of the assessee is allowed

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13 Shri Vinod Bhandari, Pr. Cit(1), Indore 21- Gf, Bhandari House, Talkies, Scheme No.54, Vs. Vijay Nagar, Indore (Appellant) (Revenue ) Pan No.Abnpb6240M Assessment Year: 2012-13

133A on 24.9.2011 and during the course of survey proceedings he admitted the discrepancies of unsecured loans given to various persons and offered Rs.7 crores as undisclosed unaccounted income for tax for Assessment Year 2011-12. During the course of survey revenue authorities impounded various incriminating material including hundis which were claimed by the assessee to have been issued

DR. VINOD BHANDARI,INDORE vs. THE ACIT CIR. 2(1), INDORE

In the result appeal of the assessee is allowed

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13 Shri Vinod Bhandari, Pr. Cit(1), Indore 21- Gf, Bhandari House, Talkies, Scheme No.54, Vs. Vijay Nagar, Indore (Appellant) (Revenue ) Pan No.Abnpb6240M Assessment Year: 2012-13

133A on 24.9.2011 and during the course of survey proceedings he admitted the discrepancies of unsecured loans given to various persons and offered Rs.7 crores as undisclosed unaccounted income for tax for Assessment Year 2011-12. During the course of survey revenue authorities impounded various incriminating material including hundis which were claimed by the assessee to have been issued

M/S. ARIHANT CHERITABLE TRUST,INDORE vs. THE ITO (TDS)-1, INDORE

In the result, we find no force in the ground of the Revenue, hence dismissed

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year:2015-16

survey action u/s 133A of the income Tax Act 1961 (hereinafter referred as the ‘Act’) was conducted on 15.05.2014 to verify the TDS

AJIT KUMAR JAIN,BHOPAL vs. THE ITO 1(1), BHOPAL

In the result, the appeal of the Assessee is allowed

Bench: Shri Chandra Mohan Garg & Shri B.M. Biyaniassessment Year: 2006-07

TDS survey u/s 133A was conducted on the premises of Sarvja Jankalyan Parmarthik Nyas on 09.08.2005. During the course of such