KESHAV KANUNGO,BHOPAL vs. ACIT2(1) BHOPAL, BHOPAL

Appeal is allowed in terms mentioned above

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year: 2015-16 Keshav Kanungo, Acit, Flat No. A-603, Circle-2(1), Virasha Heights, Bhopal बनाम/ Near Danish Bridge, Vs. Bhopal (Appellant/Assessee) (Respondent/Revenue) Pan: Abvpk 2942 F Assessee By Ms. Nisha Lahoti, Ar Revenue By Shri Ashish Porwal, Sr Dr Date Of Hearing 12.02.2024 Date Of Pronouncement 26.02.2024

234C is unlawful and, therefore, the said levy be kindly deleted.” 2. The brief facts are such that the assessee-individual submitted return of income for AY 2015-16 declaring a total income of Rs. 31,02,140/-. The case was selected for limited scrutiny to examine ‘large claim of exemption u/s 54B to 54GA’ and the AO issued statutory

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

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

Appeal is allowed

234C; and (iv) also recorded to initiate penalty proceeding u/s\n271AAB for concealment of income of Rs.49,99,000/-. Thereafter, the AO\nissued show-cause notice to assessee for imposition of penalty u/s 271AAB. In\nresponse, the assessee merely submitted that he has filed an appeal against\n2\n\nGaurav Ajmera\nITA No. 808/Ind/2024 – AY 2017-18\n\nthe assessment