M/S SHREE JAIRAM EDUCATION SOCIETY,BHOPAL vs. PR. CIT (CENTRAL), BHOPAL

In the result, appeal of the assessee in ITANo

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

35 para 12 – a. Ld. Pr. CIT (Central), Contentions Hon’ble Bench noted that Bhopal cancelled the of assessee the sole issue in appeal is registration granted u/s whether Ld. Pr.CIT is 12AA by invoking justified in invoking provisions of section provisions of section 12AA(3) and 12AA(4) b. Aims and objects of the 12AA(3) to cancel registration

M/S. SHEETU EDUCATIONAL SERVICES P. LTD.,INDORE vs. THE DCIT 5(1), INDORE

In the result, all the appeals of the assessee for assessment year 2005-06 to 2010-11 are partly allowed as per our

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

35,652 3 Disallowance of Depreciation of Building 5,72,905 22,97,169 6. The Ld. CIT[A] vide his order dated 31-10-2014 has dismissed the appeal as filed by the assessee against the order as passed U/s 143[3]/147 of the Act dated 18-03-2013. M/s.Sheetu Educational Services P.Ltd. I.T.A.Nos. 24 to 26/Ind2015

M/S SHEETU EDUCATIONAL SERVICE PVT LTD.,INDORE vs. THE DCIT 5(1), INDORE

In the result, all the appeals of the assessee for assessment year 2005-06 to 2010-11 are partly allowed as per our

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

35,652 3 Disallowance of Depreciation of Building 5,72,905 22,97,169 6. The Ld. CIT[A] vide his order dated 31-10-2014 has dismissed the appeal as filed by the assessee against the order as passed U/s 143[3]/147 of the Act dated 18-03-2013. M/s.Sheetu Educational Services P.Ltd. I.T.A.Nos. 24 to 26/Ind2015

M/S. SHEETU EDUCATIONAL SERVICES P LTD.,INDORE vs. THE DCIT 5(1) RANGE-5, INDORE

In the result, all the appeals of the assessee for assessment year 2005-06 to 2010-11 are partly allowed as per our

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

35,652 3 Disallowance of Depreciation of Building 5,72,905 22,97,169 6. The Ld. CIT[A] vide his order dated 31-10-2014 has dismissed the appeal as filed by the assessee against the order as passed U/s 143[3]/147 of the Act dated 18-03-2013. M/s.Sheetu Educational Services P.Ltd. I.T.A.Nos. 24 to 26/Ind2015

M/S SHEETU EDUCATIONAL SERVICE PVT LTD.,INDORE vs. THE DCIT 5(1), INDORE

In the result, all the appeals of the assessee for assessment year 2005-06 to 2010-11 are partly allowed as per our

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

35,652 3 Disallowance of Depreciation of Building 5,72,905 22,97,169 6. The Ld. CIT[A] vide his order dated 31-10-2014 has dismissed the appeal as filed by the assessee against the order as passed U/s 143[3]/147 of the Act dated 18-03-2013. M/s.Sheetu Educational Services P.Ltd. I.T.A.Nos. 24 to 26/Ind2015

M/S. SHEETU EDUCATIONAL SERVICES P. LTD.,INDORE vs. THE DCIT 5(1), INDORE

In the result, all the appeals of the assessee for assessment year 2005-06 to 2010-11 are partly allowed as per our

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

35,652 3 Disallowance of Depreciation of Building 5,72,905 22,97,169 6. The Ld. CIT[A] vide his order dated 31-10-2014 has dismissed the appeal as filed by the assessee against the order as passed U/s 143[3]/147 of the Act dated 18-03-2013. M/s.Sheetu Educational Services P.Ltd. I.T.A.Nos. 24 to 26/Ind2015

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

disallowing entire deprecation claimed by appellant and secondly not justified in estimating NP @ 5%. Thus, addition made by the AO amounting to Rs. 2,04,60,184/- is Deleted. Therefore, appeal on this ground is Allowed.” 18. We have considered rival contentions and gone through the material available on record. We find that the facts discussed above squarely establish that

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

disallowing entire deprecation claimed by appellant and secondly not justified in estimating NP @ 5%. Thus, addition made by the AO amounting to Rs. 2,04,60,184/- is Deleted. Therefore, appeal on this ground is Allowed.” 18. We have considered rival contentions and gone through the material available on record. We find that the facts discussed above squarely establish that

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

disallowing entire deprecation claimed by appellant and secondly not justified in estimating NP @ 5%. Thus, addition made by the AO amounting to Rs. 2,04,60,184/- is Deleted. Therefore, appeal on this ground is Allowed.” 18. We have considered rival contentions and gone through the material available on record. We find that the facts discussed above squarely establish that

JCIT(OSD),-2(1),INDORE, 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

section 153A. Consequently on the issue the current position is that the loans stand accepted as genuine. In view of the above for the year under consideration the disallowance of interest on such loans on the ground that loans were treated as unexplained cash credits in earlier years is not a valid finding any more. The disallowance is therefore directed

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

section 153A. Consequently on the issue the current position is that the loans stand accepted as genuine. In view of the above for the year under consideration the disallowance of interest on such loans on the ground that loans were treated as unexplained cash credits in earlier years is not a valid finding any more. The disallowance is therefore directed

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

section 153A. Consequently on the issue the current position is that the loans stand accepted as genuine. In view of the above for the year under consideration the disallowance of interest on such loans on the ground that loans were treated as unexplained cash credits in earlier years is not a valid finding any more. The disallowance is therefore directed

THE DCIT1(1), INDORE vs. SHRI RAVI ARORA, INDORE

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year:2011-12 Dcit-5(1), Shri Ravi Arora, Indore 1007, Khatiwala Tank, बनाम/ 236, Indraprasth Tower, 6, M.G. Road, Vs. Indore. (Revenue / Appellant) (Assessee / Respondent) Pan: Agdpa8921H Assessee By Shri Yash Kukreja, Ca & Shri Hitesh Chimnani, Adv & Ld. Ars Revenue By Shri P.K.Mishra, Cit Dr Date Of Hearing 04.05.2023 Date Of Pronouncement 31.07.2023

section 40A(3). 35. During assessment-proceeding, the AO has made a detailed chart of various vouchers, as many as 27, recorded by assessee in books of account whose amounts aggregate to Rs. 14,34,307/-. In the chart, the AO has given brief details of each voucher alongwith the reason for disallowance

M/S ESSARGEE CONSTRUCTION PVT. LTD.,BHOPAL vs. THE DCIT- 1(1), BHOPAL

In the result, appeals of assesse for A

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

disallowance made by the AO u/s 40A(3) is deleted. ITANo.6/Ind/2023 for A.Y.2010-11 The assesse has raised following grounds of appeal: “1.1.That in the facts and circumstances of the case, the ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi has erred in holding that rectification order passed by the ld. AO is in accordance with the provisions

M/S ESSARGEE CONSTRUCTION PVT. LTD.,BHOPAL vs. THE ACIT- 1(1), BHOPAL

In the result, appeals of assesse for A

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

disallowance made by the AO u/s 40A(3) is deleted. ITANo.6/Ind/2023 for A.Y.2010-11 The assesse has raised following grounds of appeal: “1.1.That in the facts and circumstances of the case, the ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi has erred in holding that rectification order passed by the ld. AO is in accordance with the provisions

M/S ESSARGEE CONSTRUCTION PVT. LTD.,BHOPAL vs. THE DCIT- 1(1), BHOPAL

In the result, appeals of assesse for A

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

disallowance made by the AO u/s 40A(3) is deleted. ITANo.6/Ind/2023 for A.Y.2010-11 The assesse has raised following grounds of appeal: “1.1.That in the facts and circumstances of the case, the ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi has erred in holding that rectification order passed by the ld. AO is in accordance with the provisions

M/S ESSARGEE CONSTRUCTION PVT. LTD.,BHOPAL vs. THE DCIT-1 (1), BHOPAL

In the result, appeals of assesse for A

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

disallowance made by the AO u/s 40A(3) is deleted. ITANo.6/Ind/2023 for A.Y.2010-11 The assesse has raised following grounds of appeal: “1.1.That in the facts and circumstances of the case, the ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi has erred in holding that rectification order passed by the ld. AO is in accordance with the provisions

M/S ESSARGEE CONSTRUCTION PVT. LTD.,BHOPAL vs. THE ACIT- 1(1), BHOPAL

In the result, appeals of assesse for A

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

disallowance made by the AO u/s 40A(3) is deleted. ITANo.6/Ind/2023 for A.Y.2010-11 The assesse has raised following grounds of appeal: “1.1.That in the facts and circumstances of the case, the ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi has erred in holding that rectification order passed by the ld. AO is in accordance with the provisions