SARTHAK REAL BUILT PVT. LTD, ,INDORE vs. DY, CIT,CPC-TDS, GHAZIABAD

Bench: Hon’Ble Rajpal Yadav & Hon’Ble Manish Boradvirtual Hearing

190/-. The case was then selected for scrutiny and notices were issued which were duly complied. Finally the assessment u/s 143(3) was completed vide order dated 19.12.2011 thereby making addition of Rs. 37,25,962/- on account of low net profit and deemed dividend u/s 2(22)(e) and hence assessing total income

M/S. FERRO CONCRETE CON. INDIA PVT. LTD.,INDORE vs. THE PR.CIT-1, INDORE

Bench: Hon’Ble Rajpal Yadav & Hon’Ble Manish Boradvirtual Hearing

190/-. The case was then selected for scrutiny and notices were issued which were duly complied. Finally the assessment u/s 143(3) was completed vide order dated 19.12.2011 thereby making addition of Rs. 37,25,962/- on account of low net profit and deemed dividend u/s 2(22)(e) and hence assessing total income

M/S. FERRO CONCRETE CON. INDIA PVT. LTD.,INDORE vs. THE DCIT CIRCLE-1(1), INDORE

Bench: Hon’Ble Rajpal Yadav & Hon’Ble Manish Boradvirtual Hearing

190/-. The case was then selected for scrutiny and notices were issued which were duly complied. Finally the assessment u/s 143(3) was completed vide order dated 19.12.2011 thereby making addition of Rs. 37,25,962/- on account of low net profit and deemed dividend u/s 2(22)(e) and hence assessing total income

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

depreciation, repairs and other expenses by offering income under wrong head. Aggrieved by this, the assessee is in appeal before us. 3. The Learned counsel for the assessee submitted that such income was duly disclosed in the books of account and a legal claim had been made by the assessee in regard to such rental income as such rental income

SMT. AABHADEVI AGRAWAL,BURHANPUR vs. ACIT KHANDWA, KHANDWA

Appeal are allowed

Bench: Shri Kul Bharatassessment Year: 2009-10

Depreciation of Rs 2,09,409/-. The direction as given by the Hon’ble ITAT in Para 7 on inner Page No 5 is reproduced here under:- E]. That in pursuance to the directions of the Hon’ble ITAT, the Ld. A.O. has passed an order u/s 143(3)/254 dt. 22.12.2017 wherein he has maintained the disallowance of Interest

DCIT KHANDWA, KHANDWA vs. M/S RAJRAJESHWAR COTTON CORPORATION, SENDHWA

In the result, Revenue’s appeal as well as Assessee’s Cross-

Bench: Shri Siddhartha Nautiyal & Shri B.M. Biyani(Conducted Through Virtual Court) & C.O. No. 9/Ind/2020 Assessment Year: 2011-12 Dcit M/S Raj Rajeshwar Cotton Khandwa Corporation, बनाम/ Warla Road, Sendhwa, Vs. District - Khandwa (Appellant / Revenue) (Respondent / Assessee) Pan: Aagfr 6243 N Assessee By None Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 12.10.2022 Date Of Pronouncement 21.10.2022

190 (Born) b. Asian Paints Ltd vs DCIT (2008) 308 ITR 195 (Born) (198) c. ICICI Life Insurance Co Ltd (2010) 325 ITR 471 [Born] d. Aventis Pharma Ltd. vs. ACIT (2010) 323 ITR 570 (Bom)(577) e. Nirmal Bang Securities (P) Ltd. vs. ACIT (2016) 382 ITR 93(Bom)(HC) f. Aryan Arcade Ltd vs Den (2017) 4.14 During

DEPUTY COMMISSIONER OF INCOME TAX - 3(1), INDORE vs. SHRI RAJEEV AJMERA, INDORE

In the result, the appeal of Revenue is partly allowed for statistical purposes

Bench: Ms.Suchitra Kamble & Shrib.M. Biyani(Conducted Through Virtual Court) Assessment Year: 2010-11 Dcit-3(1) Shri Rajeev Ajmera, Indore बनाम/ Indore Vs. (Appellant / Assessee) (Respondent / Revenue) Pan: Abgpa4930L Co No.23/Ind/2018 (Arising Out Of Ita No.51/Ind/2018) Assessment Year: 2010-11 Shri Rajeev Ajmera, Dcit-3(1) Indore Indore बनाम/ Vs. (Appellant / Assessee) (Respondent / Revenue) Pan: Abgpa4930L Assessee By Shri Mahendra Mittal, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 23.08.2022 Date Of Pronouncement 31.08.2022 आदेश/ O R D E R

190/- from business, capital gain and other sources. The case was selected for scrutiny and statutory notices u/s 143(2) and 142(1) were issued from time to time which were duly complied with. Finally, the Ld. AO completed assessment vide order dated 28.03.2013 u/s 143(3) of the act after making certain additions and subtractions. Against the order

ASST. COMMISSIONER OF INCOME TAX (CENTRAL)-I, BHOPAL , BHOPAL vs. SOM DISTILLERIES PRIVATE LIMITED, BHOPAL

Appeal is partly allowed for statistical

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

Section 145 are applicable. The books of accounts are also not been rejected, hence the adhoc disallowance are wholly unlawful and unjustified. The assessee submits that the disallowance is neither justified nor lawful. From the perusal of the chart, the increase in mainly on account Page 32 of 54 Som Distilleries Private Limited I.T.A. Nos. 272 & 289/Ind/2023

SOM DISTILLERIES PVT. LTD.,BHOPAL vs. ITO-1(3), BHOPAL

Appeal is partly allowed for statistical

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

Section 145 are applicable. The books of accounts are also not been rejected, hence the adhoc disallowance are wholly unlawful and unjustified. The assessee submits that the disallowance is neither justified nor lawful. From the perusal of the chart, the increase in mainly on account Page 32 of 54 Som Distilleries Private Limited I.T.A. Nos. 272 & 289/Ind/2023

THE ACIT 1(1), UJJAIN vs. M/S PARAG FANS & COOLING SYSTEMS LTD., DEWAS

In the result appeals of the Revenue in ITA Nos

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

190 Taxman 391(SC)(supra) find that the Hon’ble court has also made following observation:- “ When bad debts occurs, the bad debt amount is debited and the customer’s account is credited. In the case of companies, the provision is deducted from sundry debtors” 15. In the above observation of the Hon’ble Apex Court two important words

THE ACIT 1(1), UJJAIN vs. M/S PARAG FANS & COOLING SYSTEMS LTD., DEWAS

In the result appeals of the Revenue in ITA Nos

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

190 Taxman 391(SC)(supra) find that the Hon’ble court has also made following observation:- “ When bad debts occurs, the bad debt amount is debited and the customer’s account is credited. In the case of companies, the provision is deducted from sundry debtors” 15. In the above observation of the Hon’ble Apex Court two important words

SHRI YOGESH HOTWANI,MANDSAUR vs. THE DCIT (CENTRAL), INDORE

In the result, the appeal of the assessee is partly allowed

Bench: Shri D.T. Garasia & Shri O.P. Meena

Section 153A, it was found that the assessee has offered Rs. 77,93,500/- as additional income in his return of income for the assessment year 2008-09 to 2012-13 as against undisclosed income of Rs. 3 crores admitted by Shri Shiv Kumar Hotwani on behalf of the assessee. It was explained to the AO vide letter dated

THE ACIT-CENTRAL-2, INDORE vs. SHRI YOGESH KUMAR HOTWANI, MANDSAUR

In the result, the appeal of the assessee is partly allowed

Bench: Shri D.T. Garasia & Shri O.P. Meena

Section 153A, it was found that the assessee has offered Rs. 77,93,500/- as additional income in his return of income for the assessment year 2008-09 to 2012-13 as against undisclosed income of Rs. 3 crores admitted by Shri Shiv Kumar Hotwani on behalf of the assessee. It was explained to the AO vide letter dated

ACIT 5(1), INDORE vs. M/S. SHIV OFFSET INDIA (P) LTD., INDORE

In the result Revenue’s appeal is dismissed

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2011-12 Asstt. Commissioner Of M/S. Shiv Offset India Income Tax-5(1), Indore Vs. Pvt. Ltd, 73, Polo Ground, Indore (Revenue ) (Appellant) Pan No.Aaics4399B Revenue By Shri Asish Porwal, Sr.Dr Appellant By Shri S.S. Deshpande, Ca Date Of Hearing 14.09.2020 Date Of Pronouncement 14.09.2020 O R D E R

depreciation was claimed by the assessee because the company is engaged in the offset printing business. Accordingly a notice u/s 148 was issued to the assessee and in response the assessee furnished its return of income under protest. The assessee asked copy of reasons recorded u/s 147 and the same was provided by the Ld. A.O. The assessee objected