ACIT (CENTRAL)-II, BHOPAL vs. M/S. FORTUNE SOUMYA HOUSING, BHOPAL

In the result the appeal filed by the Revenue is hereby dismissed

Bench: Shri T.R. Senthil Kumar (Judicial Member), Shri B.M. Biyani (Accountant Member)

section 143(3) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) relating to the Assessment Year (A.Y) 2014-15. 2.1. The brief facts of the case is that the assessee is a partnership firm engaged in the business of development and construction of 2 I.TA No. 667/IND/2019 A.Y. 2014-15 Page No ACIT vs. M/s. Fortune

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

house was made to the tune of Rs.8,10,71,289/- in the year under consideration the Page 11 of 21 Bhawani Shankar Page 12 of 21 assessee has shown the consideration of Rs.2 crore and claimed that the same was invested in agricultural land which is more than the capital gain arising from the said consideration. The Assessing officer

M/S. S.R. FERRO ALLOYS,JHABUA vs. THE PCIT, BHOPAL

In the result, the appeal of assessee is allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanis.R. Ferro Alloys Pr. Cit, Central 9, Siddheswar Colony Bhopal Vs. Jhabua (Appellant / Assessee) (Revenue) Pan: Abhfs7377Q Appellant By Shri Sumit Nema, Sr. Adv. & Gagan Tiwari, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 12.10.2023 Date Of Pronouncement 09.11.2023

property deduced there from. The choice of method of accounting regularly employed by the assessee lies with the assessee but the assessee would be required to show tat he has followed the chosen method regularly. The Department is bound by the assessee's regular method would not be rejected as improper merely because it gives the assessee the benefit

ANIL TURAKHIA,INDORE vs. ITO-5(1), INDORE, INDORE

Appeals are allowed for statistical purpose

163-174]\nSept 2024\nThen again the written submission has\nbeen filed by the appellant before the\nHon'ble DRT for the quashment of\nthe recovery proceedings.\nCopy of the written\nstatement is enclosed\n[PB 175-176]\nOct 2024\nFinal order of Hon'ble DRT\ndto1.10.2024 against assessee\nCopy of order is enclosed\n[PB 177-191]\nApril

ANIL TURAKHIA,INDORE vs. ITO-5(1), INDORE, INDORE

Appeals are allowed for statistical purpose

163-174]\nSept 2024\nThen again the written submission has\nbeen filed by the appellant before the\nHon'ble DRT for the quashment of\nthe recovery proceedings.\nCopy of the written\nstatement is enclosed\n[PB 175-176]\nOct 2024\nFinal order of Hon'ble DRT\ndt.01.10.2024 against assessee\nCopy of order is enclosed\n[PB 177-191]\nApril

ANIL TURAKHIA,INDORE vs. ITO-5(1), INDORE, INDORE

Appeals are allowed for statistical purpose

163-174]\nSept 2024\nThen again the written submission has\nbeen filed by the appellant before the\nHon'ble DRT for the quashment of\nthe recovery proceedings.\nCopy of the written\nstatement is enclosed\n[PB 175-176]\nOct 2024\nFinal order of Hon'ble DRT\ndt.01.10.2024 against assessee\nCopy of order is enclosed\n[PB 177-191]\nApril

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

housing the college, hostel and to provide other facilities to the students who are studying in the College. The College is recognized by the Medical Council of India, State of Karnataka and all other statutory authorities. Therefore, it cannot be said that the Trust is not genuine. Admittedly, the students are being admitted every year. Students are studying

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

housing the college, hostel and to provide other facilities to the students who are studying in the College. The College is recognized by the Medical Council of India, State of Karnataka and all other statutory authorities. Therefore, it cannot be said that the Trust is not genuine. Admittedly, the students are being admitted every year. Students are studying

ANIL TURAKHIA,INDORE vs. ITO-5(1), INDORE, INDORE

Appeals are allowed for statistical purpose

163-174]\nSept 2024\nCopy of the written\nstatement is enclosed\n[PB 175-176]\nOct 2024\nFinal order of Hon'ble DRT\nd t.01.10.2024 against assessee\nCopy of order is enclosed\n[PB 177-191]\nApril 2025\nDemand notice issued by the bank u/s\n13(2) (SARFAESI) Act, 2002\nd t.15.04.2025 for recovery of dues by\nthe appellant\nCopy

THE A C I T CENTRAL-II, BHOPAL vs. S V INFRA DEVELOPERS, BHOPAL

In the result both the appeals of the Revenue are dismissed

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

163 CTR (AP) 403 : (1999) 238 ITR 177 (AP) : (1999) 102 T AXMAN 300 (AP) Xxxxxx ..... xxxxx d)KAILASHBEN MANHARLAL CHOKSHI vs. COMMISSIONER OF INCOME TAX (2008) 220 CTR (Guj) 138 : (2010) 328 ITR 411 : (2008) 174 TAXMAN466 : (2008) 14 DTR 257 Xxxxxx ..... xxxxx It is the case of the assessee that during the course of search & seizure, no incriminating

GAURAV AJMERA,RATLAM vs. DCIT(CENTRAL)-2, INDORE

Appeal is allowed

163\ntaxmann.com 449 (Calcutta) –\nThe order is dated 02.05.2024 but the Hon'ble High Calcutta High Court\nhas not considered the decision of Kulwant Singh Bhatia (supra) dated\n09.05.2018 decided by Hon'ble Jurisdictional High Court of Madya\nPradesh. Further, in Para No. 6 & 38 of order, the Hon'ble Calcutta High\nCourt has categorically noted that the assessee participated

THE ACIT CENTRAL-3, INDORE vs. JARNALBEER SINGH BHATIA, KHANDWA

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniit(Ss)A Nos.19 To 23/Ind/2023 & Ita No.226/Ind/2023 Ays : 2013-14 To 2018-19 Jarnalbeer Singh Bhatia, Dcit/Acit, बनाम/ Bhatia Transport (Central)-3, Vs. Services, Indore. Old Indore Lines, Pandhana Road, Khandwa (Pan: Aixpb4565C) (Assessee/Appellant) (Revenue/Respondent)

property under consideration, giving following reliefs is contradictory :- (i) Relief of Rs. 48,07,238/- (para 3.3.5) ignoring that the ‘furniture and fixtures’ involve completely different items as dealt by Ld. CIT(A) at para 3.4 ? (ii) Relief given based on use by DVO of CPWD rates, as compared to the lower State PWD rates ? (iii) Relief given on architect

JARNALBEER SINGH BHATIA,KHANDWA vs. THE ACIT CENTRAL-3, INDORE

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniit(Ss)A Nos.19 To 23/Ind/2023 & Ita No.226/Ind/2023 Ays : 2013-14 To 2018-19 Jarnalbeer Singh Bhatia, Dcit/Acit, बनाम/ Bhatia Transport (Central)-3, Vs. Services, Indore. Old Indore Lines, Pandhana Road, Khandwa (Pan: Aixpb4565C) (Assessee/Appellant) (Revenue/Respondent)

property under consideration, giving following reliefs is contradictory :- (i) Relief of Rs. 48,07,238/- (para 3.3.5) ignoring that the ‘furniture and fixtures’ involve completely different items as dealt by Ld. CIT(A) at para 3.4 ? (ii) Relief given based on use by DVO of CPWD rates, as compared to the lower State PWD rates ? (iii) Relief given on architect