RAISEN MARKETING P LTD,BHOPAL vs. THE ADIT CPC , BGHOPAL

In the result, the present appeal is allowed in so far as it relates\nto adjudication of Ground No

addition of Rs.1781420 to the disclosed income is\nunlawful and unjustified and hence be deleted.\n6.That on the facts and in the circumstances of the case and in law,\nwhile making statutory computation of total income shown in return at\nRs.53619320/- the difference of depreciation

THE ACIT, CENTRAL-2, INDORE vs. SHRI MOHANLAL CHUGH, INDORE

In the result, the appeals of the Revenue for the A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad(Virtual Hearing)

addition of Rs.32,70,000/-, Rs.3,65,88,500/- and Rs.1,40,74,000/-, respectively, for A.Ys. 2011-12, 2012-13 and 2013-14 on account of on-money from sale of units in ‘Almas Elements’ project. 6. Being aggrieved, the assessee filed appeal before the Ld. CIT(A). The Ld. CIT(A) observed that although the assessee has himself

THE ACIT, CENTRAL-2, INDORE vs. SHRI NITESH CHUGH, INDORE

In the result, the appeals of the Revenue for the A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad(Virtual Hearing)

addition of Rs.32,70,000/-, Rs.3,65,88,500/- and Rs.1,40,74,000/-, respectively, for A.Ys. 2011-12, 2012-13 and 2013-14 on account of on-money from sale of units in ‘Almas Elements’ project. 6. Being aggrieved, the assessee filed appeal before the Ld. CIT(A). The Ld. CIT(A) observed that although the assessee has himself

THE ACIT, CENTRAL-2, INDORE vs. M/S. CHUGH REALTY, INDORE

In the result, the appeals of the Revenue for the A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad(Virtual Hearing)

addition of Rs.32,70,000/-, Rs.3,65,88,500/- and Rs.1,40,74,000/-, respectively, for A.Ys. 2011-12, 2012-13 and 2013-14 on account of on-money from sale of units in ‘Almas Elements’ project. 6. Being aggrieved, the assessee filed appeal before the Ld. CIT(A). The Ld. CIT(A) observed that although the assessee has himself

ACIT(CENTRAL)-1, BHOPAL, BHOPAL vs. DILIP BUILDCON LIMITED, BHOPAL

Appeals are dismissed

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

additional depreciation u/s 32(1)(iia). Page 4 of 7 ACIT, Central-1, Bhopal Vs. Dilip Buildcon Ltd. ITA No. 31 & 57/Ind/2024 - AYs 2020-21 & 2021-22 7. Then, the Ld. AR straightaway pointed out that these issues are not new in assessee’s case, they are recurring issues and already settled by previous orders of ITAT in assessee

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

Appeals are dismissed

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

additional depreciation u/s 32(1)(iia). Page 4 of 7 ACIT, Central-1, Bhopal Vs. Dilip Buildcon Ltd. ITA No. 31 & 57/Ind/2024 - AYs 2020-21 & 2021-22 7. Then, the Ld. AR straightaway pointed out that these issues are not new in assessee’s case, they are recurring issues and already settled by previous orders of ITAT in assessee

M/S. GREATER KAILASH HOSPITAL (P) LTD.,INDORE vs. ACIT-2(1), INDORE

In the result, the appeal filed by the assessee, being not maintainable is

Bench: Shri C.M. Garg & Shri Bhagirath Mal Biyaniassessment Year: 2013-14

additional income of Rs. 5,83,25,000/- as accepted during the course of survey and offered for tax in the return of income requires to be excluded from the total income since the assessing officer was himself satisfied with the availability of cash in the regular books of accounts of the appellant prior to deposit in the bank account

THE ACIT,CENTRAL CIRCLE-1, BHOPAL, BHOPAL vs. DB POWER LTD, BHOPAL

Appeal is dismissed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanim/S Db Power Limited, Acit, Central Circle-1, बनाम/ Office Block, 1A, Bhopal Vs. Db City Park, 5Th Floor, Corporate Block, Opp. M.P. Nagar Zone-1, Arera Hills, Bhopal (Pan:Aaccd5475F) (Assessee/Appellant) (Revenue/Respondent) Acit, Central Circle-1, M/S Db Power Limited, बनाम/ Bhopal Office Block, 1A, Vs. Db City Park, 5Th Floor, Corporate Block, Opp. M.P. Nagar Zone-1, Arera Hills, Bhopal (Pan:Aaccd5475F) (Revenue/Appellant) (Assessee/Respondent)

income at Rs. 61,84,54,919/- with three (3) types of additions/ adverse conclusions as under: (i) The AO made an addition of Rs. 38,08,18,089/- u/s 56(2)(viib) on the premise that the assessee had received excessive consideration for issue of shares; (ii) The AO made an adverse conclusion that the assessee had received cash

DB POWER LTD,BHOPAL vs. THE ACIT,CENTRAL CIRCLE-1, BHOPAL, BHOPAL

Appeal is dismissed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanim/S Db Power Limited, Acit, Central Circle-1, बनाम/ Office Block, 1A, Bhopal Vs. Db City Park, 5Th Floor, Corporate Block, Opp. M.P. Nagar Zone-1, Arera Hills, Bhopal (Pan:Aaccd5475F) (Assessee/Appellant) (Revenue/Respondent) Acit, Central Circle-1, M/S Db Power Limited, बनाम/ Bhopal Office Block, 1A, Vs. Db City Park, 5Th Floor, Corporate Block, Opp. M.P. Nagar Zone-1, Arera Hills, Bhopal (Pan:Aaccd5475F) (Revenue/Appellant) (Assessee/Respondent)

income at Rs. 61,84,54,919/- with three (3) types of additions/ adverse conclusions as under: (i) The AO made an addition of Rs. 38,08,18,089/- u/s 56(2)(viib) on the premise that the assessee had received excessive consideration for issue of shares; (ii) The AO made an adverse conclusion that the assessee had received cash

SRK DEV BUILD PVT LTD.,INDORE vs. DCIT/ACIT 5(1), INDORE

Appeal is allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year: 2016-17 Srk Dev Build Pvt. Ltd, Dcit/Acit-5(1) 18/2, Lasudia Mori, Indore बनाम/ A.B. Road, Vs. Indore (Assessee/Appellant) (Revenue/Respondent) Pan: Aaqcs3387P Assessee By Shri Pranay Goyal & S.N. Goyal, Cas Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 15.04.2024 Date Of Pronouncement 20.06.2024

additions are liable to be stuck down. 3. That, the Ld. CIT-A erred to confirm the levy of penalty of Rs. One Crore u/s 271(1)(c) on the facts, whereby in Quantum proceedings disallowance of Depreciation u/s 32 of the Income

DCIT(CENTRAL)-2, INDORE, INDORE vs. M/S KALYAN TOLL HIGHWAY PVT.LTD, INDORE

Bench: Shri Manish Borad & Ms. Madhumita Royvirtual Hearing Assessment Year:2013-14 Dcit(Central)-2 M/S. Kalyan Toll Highway Pvt. Ltd. Indore Indore बनाम/ (Appellant) (Revenue ) Vs. P.A. No. Aadck9401F Appellant By Shri Harshit Bari, Sr. Dr Respondent By Shri Ajay Tulsiyan, Ca Date Of Hearing: 21.06.2021 Date Of Pronouncement: 27.07.2021 आदेश / O R D E R Per Manish Borad, A.M:

depreciation by filing revised return of income. However, for A.Y. M/s. Kalyan toll Highways Pvt. Ltd. ITANo.85/Ind/2020 2013-14 no addition

M/S BANSAL EXTRACTION & EXPORT P LTD,BHOPAL vs. DCIT,CENTRAL-1, BHOPAL

In the result, the appeal of assessee is dismissed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanim/S. Bansal Extraction & Dcit Export Pvt. Ltd. Central-1 3Rd Floor Tawa Complex, Bittan Bhopal Vs. Market E-4, Arera Colony, Bhopal (Appellant / Assessee) (Revenue) Pan: Aadcb 7521 M Assessee By Shri Anil Khabya, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 05.09.2023 Date Of Pronouncement 20.09.2023

depreciation on extra cost of construction added by him as per report of VO(P&M) is not allowable to assessee under the provisions of Act as addition on account of undisclosed investment has been made u/s 69B of the Act.” 2. The Only grievance of the assessee in the present appeal is regarding the assessed income

ACIT-1(1), INDORE vs. KRITI NUTRIENTS LIMITED, INDORE

The appeal of the Revenue is allowed for statistical\npurposes

depreciation, the turnover, the product line, the\nprofit margine, G.P. rates confirmation, the details about\nexpenditures, income so on & so fourth including deductions\nclaimed so that he can compute & assess the total income of the\nassessee exigible to tax, as no tax can be levied & collected save\n& except according to law. The Ld. AO in the original assessment\nProceedings

NATIONAL LAW INSTITUTE UNIVERSITY ,BHOPAL vs. DCIT(EXEMPTION), BHOPAL

Appeal is allowed in terms mentioned above

additional services:\nGross sales\nExpenses\nNet income for the purpose of charity\nThe eligible income_u/s 11(1)\nRs.2000\nRs.1500\nRs.500\nRs.1500\n20. The above issue is well settled on the basis of various decisions of Courts\nHowever, the above method of determining the eligible income which is\navailable for the main activities of the institution whereas the situation\nchanges

PRAKASH ASPHALTINGS AND TOLL HIGHWAYS (INDIA) LIMITED,MHOW vs. ASSISSTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, INCOME TAX DEPARTMENT, INDORE

In the result, the appeal is allowed

Bench: Shri B.M. Biyani & Shri Udayan Das Guptaassessment Year: 2014-15 Prakash Asphalting & Toll Acit Central Circle -1 Highways (India) Limited, Indore बनाम/ 76, Mall Road, Vs. Mhow (Assessee/Appellant) (Revenue/Respondent) Pan: Aabcp0398N Assessee By Shri Anup Garg & Vikas Guru, Ars Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 22.01.2025 Date Of Pronouncement 24.02.2025

depreciation during assessment proceedings and addition of Rs. 2,32,050/- was made to the total income of the AY 2014-15, penalty

RAJ KUMAR PALIA,BHOPAL vs. DEPUTY COMMISSIONER OF INCOME TAX - ITARSI, CAMP AT BHOPAL, BHOPAL

Appeal is dismissed

Bench: Shri B.M. Biyani & Shri Paresh M. Joshiassessment Year:2009-10 Raj Kumar Paliya Dcit/Acit M/S. Da Construction

addition of Rs. 2,00,000/- and assessing total income at Rs. 25,84,840/-. Subsequently, the AO issued notice u/s 148 to assessee in order to re-open assessee’s case u/s 147 on two issues, viz. (i) the assessee purchased Tata Dumpers and Tata Trucks costing Rs. 1,14,78,184/- and claimed full depreciation

SANTOSH RATHORE,INDORE vs. PRINCIPAL COMMISSIONER OF INCOME TAX, INDORE - 1, INDORE

Appeal is allowed

depreciation allowance or any other\nallowance, as the case may be, for the assessment year concerned\n(hereafter in this section and in sections 148 to 153 referred to as the\nrelevant assessment year).\"\nIt is submitted that \"Reasons to Believe\" that income chargeable to tax has escaped\nassessment is one of the conditions precedent for reopening of assessment

JAYA JUNEJA,INDORE vs. INCOME TAX OFFICER WARD 1(4), INDORE

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri Siddhartha Nautiyal & Shri Bhagirath Mal Biyani

depreciation. As no evidence was furnished by the assessee during appellate proceedings to rebut these findings, the Ld. CIT(A) upheld the action of the Assessing Officer and dismissed Grounds Nos. 5 to 11. Grounds Nos. 12 and 13 related to the addition of ₹2,00,000/- as income