DEPUTY COMMISSIONER OF INCOME TAX -3 (1), INDORE vs. M/S M.P. ENTERTAINMENT AND DEVELOPERS PRIVATE LIMITED, INDORE

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

house property 4,69,34,191/- 5.2 Since, the assessee has furnished inaccurate particulars of its income and concealed income, penalty

THE DCIT-3(1), INDORE vs. M/S. M.P. ENTERTAINMENT & DEVELOPERS PVT. LTD., INDORE

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

house property 4,69,34,191/- 5.2 Since, the assessee has furnished inaccurate particulars of its income and concealed income, penalty

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

House Property. 4. That, the levy of penalty of Rs One Crore is bad in law and on facts particularly

ACIT (CENTRAL)-1, INDORE vs. SHRI SANJAY MEHTA, INDORE

In the result, appeal of the Revenue in ITANo

Bench: Shri Mahavir Prasad & Shri Manish Boradvirtual Hearing Assessment Year:2013-14 Acit (Central)-1, Shri Sanjay Mehta, बनाम/ Bhopal Indore Vs. (Appellant) (Respondent ) P.A. No.Agepm2676G Assessment Year:2014-15 Shri Sanjay Mehta, Dcit (Central)-1, बनाम/ Indore Bhopal Vs. (Appellant) (Respondent ) P.A. No.Agepm2676G Assessee By Shri Sanjay Mehta, Ca Revenue By Shri P.K. Mitra, Cit-Dr Date Of Hearing: 03.01.2022 Date Of Pronouncement: 11 .03.2022 आदेश / O R D E R

house and has overlooked the finding of the AO mentioned in the assessment order. 3. On the facts and n the circumstance of the case, the Ld. CIT((A) has erred in law in deleting the addition of Rs. 1,21,00,000/- made on account of cash payment against the purchase of property and has overlooked the finding

KALPANA GOSWAMI,BHOPAL vs. I.T.O. 1(1), BHOPAL

Appeal is allowed for statistical purpose

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year: 2011-12 Smt. Kalpana Goswami, Income-Tax Officer, H.No.955, Banganga, 1(1), बनाम/ North T.T.Nagar, Bhopal Vs. Bhopal (Appellant/Assessee) (Respondent/Revenue) Pan: Awgpg5729E Assessee By Shri Milind Sharma, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 21.02.2024 Date Of Pronouncement 26.02.2024

House property income Rs. 1,20,000/- 2. Agricultural Income Rs. 1,50,000/- 3. Cash Sales proceeds Rs. 31,50,000/- Rs. 34,20,000/- As against total receipts of Rs. 34,20,000/- from known sources of assessee’s income, there are found to be total cheques and cash credits of Rs. 52,17,300/-in her bank

RAMKUNWAR PATIDAR,BHOPAL vs. THE ITO 2 (4), BHOPAL

Appeal is dismissed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year : 2009-10 Shri Ramkunwar Patidar, Income-Tax Officer, Village Salliya, 2(4), बनाम/ Post Bawadia Kalan, Bhopal Vs. Bhopal (Appellant/Assessee) (Respondent/Revenue) Pan: Blxpp4909C Assessee By Shri S.S.Solanki, Ca & Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 15.01.2024 Date Of Pronouncement 22.02.2024

house property before the due date of filing the return of income. The assessee contested the claim of the Revenue and asserted that she is not liable to deposit the amount in Capital Gain Deposit Scheme and that the due date of filing the return of income tax is not as specified in Section 139(1) but as specified

DCIT- (CENTRAL)-3, INDORE vs. MRS. JATINDER KAUR BHATIA, KHANDWA

Appeals are dismissed and assessee’s

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

property. In pursuance thereof, the DVO prepared report and submitted to AO. Thereafter, the AO show-caused assessee to explain undisclosed investment on the basis of difference in investment declared by assessee in books of account and value reported by DVO. The assessee filed reply which the AO rejected and made addition. We reproduce below the entire order passed

DCIT- (CENTRAL)-3, INDORE vs. MRS. JATINDER KAUR BHATIA, KHANDWA

Appeals are dismissed and assessee’s

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

property. In pursuance thereof, the DVO prepared report and submitted to AO. Thereafter, the AO show-caused assessee to explain undisclosed investment on the basis of difference in investment declared by assessee in books of account and value reported by DVO. The assessee filed reply which the AO rejected and made addition. We reproduce below the entire order passed

MRS. JATINDER KAUR BHATIA,KHANDWA vs. ACIT- (CENTRAL) UJJAIN, UJJAIN

Appeals are dismissed and assessee’s

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

property. In pursuance thereof, the DVO prepared report and submitted to AO. Thereafter, the AO show-caused assessee to explain undisclosed investment on the basis of difference in investment declared by assessee in books of account and value reported by DVO. The assessee filed reply which the AO rejected and made addition. We reproduce below the entire order passed

SHRI SURENDRA SINGH BHATIA,INDORE vs. THE JCIT-3, INDORE

In the result, assessee’s appeal is allowed

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

house property, business etc.. 3.02.2 That, besides admitting the total undisclosed income of 15,89,76,375/-, as aforesaid, during the course of recording the another statement under s. 132(4), of real brother of the appellant namely Shri G.S. Bhatia on 26-10-2007 [kindly refer PB Page No. 43], Shri G.S. Bhatia, on the appellant's request

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

Appeal is allowed in terms mentioned above

house property and, therefore, should be treated as a capital gain for\nthe purpose of taxation. In this view of the matter, we do not find any force in\nthis appeal and dismiss the same.\nPer V. DONGZATHANG, A.M.\n7.\nI fully agree with my learned brother that the amount has to be assessed as\nincome of the assessee

AG-8 VENTURES LTD.,BHOPAL vs. ACIT, CENTRAL-1, BHOPAL

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

penalty levied by the Ld. CIT(A) vide his order dated 09.08.2019. 2. Briefly stated facts as culled out from the records are that the assessee company is engaged in the business of real estate developer and builder. On 06.08.2013, a survey u/s. 133A was carried out at the premises and Buidling Projects run by the assessee-company. Subsequently

AG-8 VENTURES LTD.,BHOPAL vs. ACIT, CENTRAL-1, BHOPAL

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

penalty levied by the Ld. CIT(A) vide his order dated 09.08.2019. 2. Briefly stated facts as culled out from the records are that the assessee company is engaged in the business of real estate developer and builder. On 06.08.2013, a survey u/s. 133A was carried out at the premises and Buidling Projects run by the assessee-company. Subsequently

BASANT RAO SHELKE,BHOPAL vs. ACIT-1(1), BHOPAL

In the result appeal of the assessee is allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanishri Basant Rao Shelke, Acit-1(1), 87, Shubhalaya Villa, Bhopal Vs. E-8 Trilanga, Bhopal (Appellant / Assessee) (Respondent/ Revenue) Pan: Afops5987B Assessee By Shri S.S. Deshpande , Ar Revenue By Shri Ashish Porwal, Sr.Dr Date Of Hearing 28.08.2024 Date Of Pronouncement 29.08.2024 O R D E R

penalty in question against the addition of Rs.3,40,000/- on account of undisclosed investment in construction of house property

ANJU JAIN, LR SUSHIL JAIN,INDORE, MADHYA PRADESH vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, UJJAIN, UJJAIN, MADHYA PRADESH

Appeals are allowed

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

house property and income from other sources. The returned income was accepted by the AO while framing the assessment under section 143(3) and hence assessee’s case does not fall in the category where the regular books of accounts are mandatory. The entries of investment in real estate were found recorded in the diary and in the absence

MUKESH KUMAR RANKA,INDORE, MADHYA PRADESH vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, UJJAIN, MADHYA PRADESH

Appeals are allowed

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

house property and income from other sources. The returned income was accepted by the AO while framing the assessment under section 143(3) and hence assessee’s case does not fall in the category where the regular books of accounts are mandatory. The entries of investment in real estate were found recorded in the diary and in the absence

MUKESH KUMAR RANKA,INDORE, MADHYA PRADESH vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, UJJAIN, UJJAIN, MADHYA PRADESH

Appeals are allowed

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

house property and income from other sources. The returned income was accepted by the AO while framing the assessment under section 143(3) and hence assessee’s case does not fall in the category where the regular books of accounts are mandatory. The entries of investment in real estate were found recorded in the diary and in the absence

ANJU JAIN, LR SHRI SUSHIL JAIN ,INDORE, MADHYA PRADESH vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, UJJAIN, UJJAIN, MADHYA PRADESH

Appeals are allowed

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

house property and income from other sources. The returned income was accepted by the AO while framing the assessment under section 143(3) and hence assessee’s case does not fall in the category where the regular books of accounts are mandatory. The entries of investment in real estate were found recorded in the diary and in the absence