M/S SHREE JAIRAM EDUCATION SOCIETY,BHOPAL vs. ACIT CENTRAL-II, BHOPAL

In the result, appeal of the assessee in ITANo

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

148 dated 28.03.2017 are unlawful, bad in law and without jurisdiction hence the assessment made be kindly cancelled. 2. That on the facts & in the circumstances of the case and in law, the learned lower authorities erred and in not justified in assessing the income of the assessee as the income from business and profession

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

148 dated 28.03.2017 are unlawful, bad in law and without jurisdiction hence the assessment made be kindly cancelled. 2. That on the facts & in the circumstances of the case and in law, the learned lower authorities erred and in not justified in assessing the income of the assessee as the income from business and profession

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

Appeal is allowed in terms mentioned above

148, M.P. Nagar Zone 1. Bhopal Ph. No. 2763465, 2762593, 3012593\nTo\nThe Dy. Commissioner of Income Tax (Exemption)\nBhopal\nSir,\nSub: Reply to your questionnaire u/s 142 (1) of Income Tax for A.Y 2015-16\nRef:- Queries raised during hearing\nIn regards to your query relating to mess fees, Rs 54275671/- has been added to the\nCapital Fund

DCIT (CENTRAL), BHOPAL vs. SHAILENDRA SHARMA, BHOPAL

In the result the appeals of the assessee for the Assessment

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

property already took place on 07.01.2011. The seized document is entirely silent about the 9 IT(SS) No.30 & 31/Ind/2023 ITA (SS) No.305/Ind/2023 Shailendra Sharma transaction whether it is a payment or receipt. The addition made by the A.O in respect of other notings in the seized document has been deleted by the CIT(A) in para No. 3.6.2 as under

THE ACIT, 4(1), INDORE vs. SHRI SANJAY LUNAWAT, INDORE

Bench: Shri Rajpal Yadav, Vice- & Shri Manish Boradvirtual Hearing Assessment Year 2010-11

148- income of the unsecured loan creditor for the Assessment Year 2010-11 150 7.4 Copy of Balance Sheet and Profit and Loss account of the unsecured loan creditor for the year ended 31st March, 2010 wherein the amount receivable 151 from the assessee is duly reflected 7.5 Copy of bank statement of the assessee duly highlighting the amount

ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL)-1, INDORE vs. SHRI RITESH JAIN, INDORE

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani & It(Ss)Ano.14/Ind/2022 (Assesssment Year 2011-12

148 which is contrary to the procedure to be followed by the AO as directed by the Hon’ble High Court and consequently the impugned order is liable to be set aside. We order accordingly. ITANo.794/Ind/2018 10. The revenue has raised following grounds of appeal for A.Y.2010-11: “1. On the facts and circumstances of the case, the Ld. CIT(Appeals

SHRI BHAWANI SHANKAR PARASHAR,INDORE vs. THE DCIT/ACIT 1 (2), INDORE

In the result, appeal of assessee is allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanishri Bhawani Shankar Pr. Cit-1 Prashar Indore 28, Lasudia Mori, Vijay Vs. Nagar, Indore (Appellant / Assessee) (Respondent/ Revenue) Pan: Bgbpp 2475 G Assessee By Shri S.N. Agrawal, Ar Revenue By Shri P.K. Mishra, Cit-Dr Date Of Hearing 02.05.2023 Date Of Pronouncement 21.06.2023

148 the assessee filed the return of income on 25.04.2019 declaring total income as it was declared in the original return of income. Thus, it is clear that the assessment was reopened only on the issue of assessment of capital gain on sale of agricultural land, the details of which are given by the AO as under

AJIT BONDRIYA,LIMASSOL, CYPRUS vs. ITO 2(5), BHOPAL, BHOPAL, MADHYA PRADESH

Appeal is allowed for statistical purpose

House, DR\nBhopal\nAnnie Besant Road Worli\nबनाम\nMumbai-400018\n/Vs.\n(Appellant / Assessee)\n(Respondent / Revenue)\nPAN: AKSPB7252M\nAssessee by\nShri S.S. Deshpande, AR\nRevenue by\nShri Ashish Porwal, Sr. DR\nDate of Hearing\n18.08.2025\nDate of Pronouncement\n22.08.2025\nORDER\nPer B.M. Biyani, AM:\nFeeling aggrieved by order of first appeal dated 07.05.2025 passed by\nlearned Commissioner of Income

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

148 to re-open assessee’s case. In response, the assessee filed return repeating the original income. Thereafter, the AO issued notices u/s 143(2)/142(1) and ultimately completed assessment-order u/s 147 read with section 143(3) after making an addition of Rs. 17,97,300/- u/s 68 on account of unexplained deposits in bank a/c. Aggrieved

MAHESH KHANDELWAL,INDORE vs. ADDL JCIT (A) -1 JAIPUR, JAIPUR

Appeal is allowed

section 139(1):\nधारा 139 (1) के अम्थार्गत\nE-Filing Acknowledgement No:\n155207281170910\nA.Y.\nनिर्धारण वर्ष\n2010-11\nResidential Status:\nआवासीय स्थिति\nDue Date for Filing Original Return:\nमूल विवरणी दाखिल करने के देय तिथि\nDate of Filing Return:\nविवरणी दाखिल करने की प्राप्ति तिथि\nDate of Order:\nआदेश की तिथि\nRESIDENT

SHRI KHALID AMAN,BHOPAL vs. THE PCIT-2, BHOPAL, BHOPAL

Bench: Ms.Suchitra Kamble & Shrib.M. Biyani(Conducted Through Virtual Court) Assessment Year: 2014-15 Shri Khalid Aman, Pr. Cit-2 Bhopal Bhopal बनाम/ Vs. (Appellant / Assessee) (Respondent / Revenue) Pan: Aarpa 4443 L Assessee By Ms. Nisha Lahoti, Ar Revenue By Shri P.K. Mitra, Cit- Dr Date Of Hearing 17.10.2022 Date Of Pronouncement 10.01.2023

148. Finally, the re-opened assessment was completed vide assessment-order dated 16.11.2017 at the originally assessed income of Rs. 7,97,860/-. Subsequently,the Ld. PCIT examined the record of re- assessment-proceeding and viewed that the assessment-order dated 16.11.2017 passed by Ld. AO is erroneous in so far it is prejudicial to the interest of revenue, which

SHEETAL KAUSHAL,BHOPAL vs. THE ITO 5(2), BHOPAL

In the result, the appeal is dismissed

Bench: SHRI.VIJAY PAL RAO (Judicial Member)

House No. 9C, v. ITO-5(2), Indrapuri Raisen Road, Bhopal M.P. Bittan Market, Bhopal, Pin. 462022 M.P. PAN-AQOPK6965C (Appellant) (Respondent) Assessee by: Smt. Nisha Lahoti, CA Respondent by: Sh. Ashish Porwal, Sr. DR Date of hearing: 01.03.2023 Date of pronouncement: 22.03.2023 O R D E R SHRI VIJAY PAL RAO, J.M.: This appeal by the assessee is 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

1 kgm Silver bar was sold with a profit in the range of Rs. 500'/- to Rs 800/- during the reference year. In view of the above, gross profit earned on sale of per Silver bar is determined at Rs. 800/- In this regard the reply given for Gross Profit estimation in case of Gold KG Bars is equally applicable

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

1 kgm Silver bar was sold with a profit in the range of Rs. 500'/- to Rs 800/- during the reference year. In view of the above, gross profit earned on sale of per Silver bar is determined at Rs. 800/- In this regard the reply given for Gross Profit estimation in case of Gold KG Bars is equally applicable

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

1 kgm Silver bar was sold with a profit in the range of Rs. 500'/- to Rs 800/- during the reference year. In view of the above, gross profit earned on sale of per Silver bar is determined at Rs. 800/- In this regard the reply given for Gross Profit estimation in case of Gold KG Bars is equally applicable

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

148, the assessee filed a return of income on 26.04.2022 declaring the same income and capital loss as declared in the original return. During the reassessment proceedings the Assessing Officer was not satisfied with the explanations furnished by the assessee. The Assessing Officer invoked the provisions of section 50C of the Act in respect of sale of two immovable properties

M/S. BRIDGESTONE INDIA PVT. LTD.,PUNE vs. THE ACIT NFAC, DELHI

In the result, appeal of assessee is partly allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanibridgestone India Pvt. Ltd. Acit (Nfac) Plot No.A-43, Phase-Ii, Delhi Midc Chakan, Village Vs. Sawardari, Taluka Khed, Pune (Appellant / Assessee) (Respondent/ Revenue) Pan: Aabcb 2304 E Assessee By Shri Sukhsagar Syal, Ar Revenue By Shri P.K. Mishra, Cit-Dr Date Of Hearing 23.05.2023 Date Of Pronouncement 17.07.2023

1 of schedule d. It is sufficient to cite the decision of this House in the sugar beet case (Smart v. Lincolnshire Sugar Co., Ltd., 20 T.C. 643; 156 L.T. 215) an illustration. The second proposition constitutes an exception. If the undertaker is a rating authority and the subsidy is the proceeds is the proceeds of rates imposed

DCIT , CENTRAL -2 , INDORE vs. M/S GREAT GALLEON VENTURES LTD , INDORE

In the result, the appeals of the Revenue bearing ITANo

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad

148 of assessee in their Paper respective Bank Book for Statements, Balance A.Y. 2015- Sheets and Profit & 16 & at Loss Account and were also having sources of page no. funds. 211-212 of Paper Book for A.Y. 2016- 17 4 Creditworthin All the lender First para Audited The CIT(A) has given a ess of the companies were having