MANISH KUMAR RADHESHYAM NYATI ,DHAR vs. ITO, DHAR

In the result appeals of the assessee(s) namely Kumari

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

200 to 216) where in a reference has been made to the retraction of statement made by Shri Vipul Vidur Bhatt on affidavit dated 02.09.2016 where he has denied to have given any accommodation entries. (Refer page 208) The said statement has not been rejected and thus stands accepted by the revenue authorities. When the retraction statement is made

SMT VIJAYA NYATI, DHAR vs. ITO, DHAR

In the result appeals of the assessee(s) namely Kumari

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

200 to 216) where in a reference has been made to the retraction of statement made by Shri Vipul Vidur Bhatt on affidavit dated 02.09.2016 where he has denied to have given any accommodation entries. (Refer page 208) The said statement has not been rejected and thus stands accepted by the revenue authorities. When the retraction statement is made

SMT. MAMTA NYATI DHAMNOD DISTT. DHAR,DHAMNOD vs. ITO DHAR, DHAR

In the result appeals of the assessee(s) namely Kumari

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

200 to 216) where in a reference has been made to the retraction of statement made by Shri Vipul Vidur Bhatt on affidavit dated 02.09.2016 where he has denied to have given any accommodation entries. (Refer page 208) The said statement has not been rejected and thus stands accepted by the revenue authorities. When the retraction statement is made

KANHAIYA LAL PANCHAL,RATLAM vs. BPL-W-(91)(95), RATLAM

In the result, the appeal of the assessee is allowed

Bench: Shri B.M. Biyani & Shri Paresh M. Joshiassessment Year:2024-25 Kanhaiya Lal Panchal, Bpl-W-(91)(95) 1, Jadwasa Kala, बनाम/ Ratlam Vs. (Assessee/Appellant) (Revenue/Respondent) Pan: Aqrpp0055D Assessee By Shri Kaide Kangsawala, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 06.01.2026 Date Of Pronouncement 16.01.2026

200 Special income by way of Short Term Capital Gain u/s 81 15% 12 111A Special income by way of long-term capital gain u/s 112 1,11,393 20% 22,279 Special income from transfer of virtual digital asset 150 30% 45 Total 4,15,620 22,536 Rebate u/s 87A 22,536 Net tax Nil 7. From above

DILIP CHANDRASENRO MAHADIK,INDORE vs. THE PR CIT -2 INDORE, INDORE

Appeal is dismissed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year: 2015-16 Shri Dilip Chandrasenrao Pr.Cit-2, Mahadik, Indore. बनाम/ 479, Kalani Nagar, Vs. Indore (Assessee / Appellant) (Revenue / Respondent) Pan: Abwpm3141M Assessee By S/Shri Rajnish Vohra, Chetan Khandelwal & Nitesh Dawira, Ld. Ars Revenue By Shri P.K. Mishra, Cit Dr Date Of Hearing 24.05.2023 Date Of Pronouncement 17.08.2023

200 0 Amount deposited in Capital Gains Accounts scheme u/s 54 Rs. 37,00,000 (ii) Computation filed before PCIT – (copy placed at Page No. 63 of Paper-Book and also re-produced by PCIT in revision-order): Long Term Capital Gain 1. Building 31.03.2015 Page 9 of 12 Dilip Chandrasenrao Mahadik Assessment year 2015-16 Value

SHRI HAKIMUDDIN KHAMBATI,INDORE vs. ITO-4(4) RANGE-4, INDORE

In the result appeal of the assessee in ITA No

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2014-15

Section 10(38) of the Act for Long Term Capital Gain from sale of share from Kappac Pharma Ltd and made the addition for Long Term Capital Gain claimed by the assessee. Apart from this Ld. Hakumuddin Khambati & Anr ITA No.288 & 410/Ind/2019 A.O has commonly concluded that both the Turbotech Engineering Ltd and Kappac Pharma Ltd are small and penny

SMT. MANISHA AGRAWAL,INDORE vs. THE ITO-4 (3), INDORE

In the result appeal of the assessee in ITA No

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2014-15

Section 10(38) of the Act for Long Term Capital Gain from sale of share from Kappac Pharma Ltd and made the addition for Long Term Capital Gain claimed by the assessee. Apart from this Ld. Hakumuddin Khambati & Anr ITA No.288 & 410/Ind/2019 A.O has commonly concluded that both the Turbotech Engineering Ltd and Kappac Pharma Ltd are small and penny

HARPREET KAUR,BHOPAL vs. INCOME-TAX OFFICER, 5(2), BHOPAL, BHOPAL

Appeal is allowed in terms mentioned above

200/-. It has been claimed in the said sale deed\nthat entire sale consideration of Rs.4,10,000/- has been paid in cash in past\nand nothing has to be given henceforth. The facts inured from the sale deed\nwas quite contrary to the claim of the assessee that sale consideration\namounting to Rs.13,21,000/- has been received

PAWAN KUMAR CHHAPARIA,MUMBAI vs. ITO BURHANPUR, BURHANPUR

Appeal is allowed

Bench: Shri Manish Borad& Ms. Madhumita Roy

Section 68. The addition u/s 68, in our considered opinion, was not sustainable in view of the fact that credit in assessee’s bank account represents sale proceeds of shares sold in recognized stock exchange through registered stock broker. The sale transactions have taken place through recognized stock exchange and the money was received in settlement through banking channels

ASHISH CHHAPARIA,MUMBAI vs. ITO BURHANPUR, BURHANPUR

Appeal is allowed

Bench: Shri Manish Borad& Ms. Madhumita Roy

Section 68. The addition u/s 68, in our considered opinion, was not sustainable in view of the fact that credit in assessee’s bank account represents sale proceeds of shares sold in recognized stock exchange through registered stock broker. The sale transactions have taken place through recognized stock exchange and the money was received in settlement through banking channels

MANISH CHHAPARIA,MUMBAI vs. ITO BURHANPUR, BURHANPUR

Appeal is allowed

Bench: Shri Manish Borad& Ms. Madhumita Roy

Section 68. The addition u/s 68, in our considered opinion, was not sustainable in view of the fact that credit in assessee’s bank account represents sale proceeds of shares sold in recognized stock exchange through registered stock broker. The sale transactions have taken place through recognized stock exchange and the money was received in settlement through banking channels

MANISH CHHAPARIA,MUMBAI vs. ITO BURHANPUR, BURHANPUR

Appeal is allowed

Bench: Shri Manish Borad& Ms. Madhumita Roy

Section 68. The addition u/s 68, in our considered opinion, was not sustainable in view of the fact that credit in assessee’s bank account represents sale proceeds of shares sold in recognized stock exchange through registered stock broker. The sale transactions have taken place through recognized stock exchange and the money was received in settlement through banking channels

SHRI VRINDAVAN TAYAL,SENDHWA vs. THE ITO SENDHWA, SENDHWA

Bench: Hon’Ble Madhumita Royassessment Year 2014-15

capital Shri Vrindavan Tayal ITA No.242/Ind/2019 & 245-247/Ind/2019 gain as claimed exempt under Section 10(38) of the Act:- S. No. Particulars Page No. 1. Copy of purchase note dt. 23.03.2012 issued by Vishal Vijay 68 Shah regarding purchase of 200

SHRI GOPAL TAYAL,SENDHWA vs. THE ITO SENDHWA, SENDHWA

Bench: Hon’Ble Madhumita Royassessment Year 2014-15

capital Shri Vrindavan Tayal ITA No.242/Ind/2019 & 245-247/Ind/2019 gain as claimed exempt under Section 10(38) of the Act:- S. No. Particulars Page No. 1. Copy of purchase note dt. 23.03.2012 issued by Vishal Vijay 68 Shah regarding purchase of 200

SHRI GAURAV TAYAL,SENDHWA vs. THE ITO SENDHWA, SENDHWA

Bench: Hon’Ble Madhumita Royassessment Year 2014-15

capital Shri Vrindavan Tayal ITA No.242/Ind/2019 & 245-247/Ind/2019 gain as claimed exempt under Section 10(38) of the Act:- S. No. Particulars Page No. 1. Copy of purchase note dt. 23.03.2012 issued by Vishal Vijay 68 Shah regarding purchase of 200

GOVARDHAN TAYAL,SENDHWA vs. THE ITO SENDHWA, SENDHWA

Bench: Hon’Ble Madhumita Royassessment Year 2014-15

capital Shri Vrindavan Tayal ITA No.242/Ind/2019 & 245-247/Ind/2019 gain as claimed exempt under Section 10(38) of the Act:- S. No. Particulars Page No. 1. Copy of purchase note dt. 23.03.2012 issued by Vishal Vijay 68 Shah regarding purchase of 200

SHASHI PRABHA SINGHANIA,NEEMUCH vs. INCOME-TAX OFFICER NEEMUCH, NEEMUCH

Appeal of the assessee is allowed for statistical purpose

200/- | Rs.36,84,000/-\nFrom the above details it is observed that the assessee has not\nundervalued the properties however the assessee has not paid\nthe Long term capital gain arising out of the sale from the said\nproperties.\n2.8 In view of the above findings, a show cause notice dated 05.03.2021\nwas issued to the assessee giving an opportunity

SHANKAR SEWANI,NEW MARKET vs. ASSESSING OFFICER, AAYKAR BHAWAN

In the result appeal of the assessee is allowed for statistical

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanishri Shankar Sewani, Dcit-1(1), 10 Kala Niketan, Bhopal New Market, Vs. T.T. Nagar, Bhopal (Appellant / Assessee) (Respondent/ Revenue) Pan: Adkps6959H Assessee By Ms. Nisha Lahoti, Ar Revenue By Shri Ashish Porwal, Sr.Dr Date Of Hearing 10.07.2024 Date Of Pronouncement 12.07.2024 O R D E R

200-04 for a consideration of Rs.35,00,000/-. The reply of the AR has been considered. The assessee has duly offered the capital gain on the aforesaid property to tax in return of income.” Thus the Assessing Officer accepted the capital gain declared by the assessee in the original return of income and no addition was made in respect