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

50,000/- per month per tenant.” 26. Finally the rent receivable/accrued in the assessee hand was calculated at Rs. 7,92,90,780/- which has been determined as the assessee’s income from house property for A.Y. 2011-12 as against the rental income of Rs. 7,95,526/- as shown by the assessee. The income from house property

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

50,000/- per month per tenant.” 26. Finally the rent receivable/accrued in the assessee hand was calculated at Rs. 7,92,90,780/- which has been determined as the assessee’s income from house property for A.Y. 2011-12 as against the rental income of Rs. 7,95,526/- as shown by the assessee. The income from house property

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

50,000/- per month per tenant.” 26. Finally the rent receivable/accrued in the assessee hand was calculated at Rs. 7,92,90,780/- which has been determined as the assessee’s income from house property for A.Y. 2011-12 as against the rental income of Rs. 7,95,526/- as shown by the assessee. The income from house property

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

50,000/- per month per tenant.” 26. Finally the rent receivable/accrued in the assessee hand was calculated at Rs. 7,92,90,780/- which has been determined as the assessee’s income from house property for A.Y. 2011-12 as against the rental income of Rs. 7,95,526/- as shown by the assessee. The income from house property

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

2)(d) "immovable property" means-(i) any land or any building or part of a building, and includes, where any land or any building or part of a building is to be transferred together with any machinery, plant, furniture, fittings or other things, such machinery, plant, furniture, fittings or other things also. 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

2)(d) "immovable property" means-(i) any land or any building or part of a building, and includes, where any land or any building or part of a building is to be transferred together with any machinery, plant, furniture, fittings or other things, such machinery, plant, furniture, fittings or other things also. 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

2)(d) "immovable property" means-(i) any land or any building or part of a building, and includes, where any land or any building or part of a building is to be transferred together with any machinery, plant, furniture, fittings or other things, such machinery, plant, furniture, fittings or other things also. 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

2)(d) "immovable property" means-(i) any land or any building or part of a building, and includes, where any land or any building or part of a building is to be transferred together with any machinery, plant, furniture, fittings or other things, such machinery, plant, furniture, fittings or other things also. 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

2)(d) "immovable property" means-(i) any land or any building or part of a building, and includes, where any land or any building or part of a building is to be transferred together with any machinery, plant, furniture, fittings or other things, such machinery, plant, furniture, fittings or other things also. M/s.Sheetu Educational Services P.Ltd. I.T.A.Nos. 24 to 26/Ind2015

MS. SANGEETA CHOPRA,UJJAIN vs. THE PR. CIT. UJJAIN, UJJAIN

In the result, the appeal filed by the assessee is allowed

Bench: Shri Manish Borad& Ms. Madhumita Roy

2 – property lying and situated at House No. 9, Ghyan Shree, Itwara Road, Bhopal after the demise of their father Shri Nitin Mehta on 10.12.2001. Subsequently, on 13.03.2012 the said house property was sold for a consideration of Rs. 29,00,000/- and 50% of it being the equal share to the tune of Rs. 14,50,000/- was paid

SHRI SURESH AGRAWAL,INDORE vs. THE ITO -5(3), INDORE

In the result, appeal filed by the assessee is partly allowed

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

Property Act 1882, r.w. section 2(47)(v) of the Income Tax Act,1961. Considering these circumstances we are of the considered opinion that the AO should have taken sale consideration at Rs. 8,70,411/- on sale of this land and not Rs. 14 Lakh which otherwise does not fall under the assessment year under consideration. Therefore, we direct

M/S RADHISHWARI DEVLOPERS P LTD,INDORE vs. PR CIT -2 INDORE, INDORE

In the result, Assessee’s appeal in ITANo

Bench: Hon’Ble Rajpal Yadav & Hon’Ble Manish Boradvirtual Hearing Assessment Year 2013-14 M/S. Radhishwari Developers P. Ltd. (Now Known As R.C. Warehousing Pvt. Ltd. ) Indore : Appellant Pan :Aafcr1916A V/S Pr. Cito-2 : Respondent Indore Appellant By S/Shri Sumit Nema Sr. Adv. With Gagan Tiwari & Piyush Parashar Advs. Revenue By Shri S.S. Mantri, Cit-Dr Date Of Hearing 24.05.2021 Date Of Pronouncement 20.07.2021

property. E- M/s. Radheshwari Developers Pvt. Ltd. return of income filed on 27.09.2013 declaring loss of Rs.51,72,569/- which comprises of depreciation loss at Rs.1,53,066/- and business loss of Rs.50,19,503/-. Case selected for scrutiny assessment through CASS for the reason ‘large unsecured loans’. Notices u/s 143(2) & 142(1) of the Act duly served upon

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

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

House property and Rs 9,15,600/- was claimed from Income from Other sources. 6.3] The assessee has utilised its interest bearing funds for advancing to different parties and interest income was earned from the same. The assessee had claimed deduction to the extent of Interest received. Hence, claim of deduction of Interest against the interest income of the assessee

SHRI SUSHIL KUMAR BAFNA,UJJAIN vs. THE ITO 1(1), UJJAIN

In the result, the appeal of the assessee is partly allowed

Bench: Shri C.M.Garg & Shri O.P.Meenaआ.अ.सं./ I.T.A. No. 637/Ind/2014 "नधा"रण वष" /Assessment Year: 2010-11

50,000/- under section 54F(4) of the Act. Thus, we find that the assessee is not entitled to exemption of Rs. 99,40,150/- on this amount of long-term capital gain u/s 54F of the Act. 15. The alternative ground no. 2 of the assessee is that section 54F provides a period of three years for construction

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

50 -50 ""तशत) अथा"त ". 1.75 करोड़ एवं ". 1.75 करोड़ के "प म" अघो"षत आय "वीकार करता हूँ, िजसम" मेरे "वारा पूव" के ""न" के जवाब म" "वीकार "कया गया अघो"षत आय " . 4,00,000 / -एवं ". 72,000 / - सि"म"लत है । Hence, to conclude, the appellant’s plea that ‘Undisclosed income’ as appearing in section 271AAB

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

50 -50 ""तशत) अथा"त ". 1.75 करोड़ एवं ". 1.75 करोड़ के "प म" अघो"षत आय "वीकार करता हूँ, िजसम" मेरे "वारा पूव" के ""न" के जवाब म" "वीकार "कया गया अघो"षत आय " . 4,00,000 / -एवं ". 72,000 / - सि"म"लत है । Hence, to conclude, the appellant’s plea that ‘Undisclosed income’ as appearing in section 271AAB

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

50 -50 ""तशत) अथा"त ". 1.75 करोड़ एवं ". 1.75 करोड़ के "प म" अघो"षत आय "वीकार करता हूँ, िजसम" मेरे "वारा पूव" के ""न" के जवाब म" "वीकार "कया गया अघो"षत आय " . 4,00,000 / -एवं ". 72,000 / - सि"म"लत है । Hence, to conclude, the appellant’s plea that ‘Undisclosed income’ as appearing in section 271AAB

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

50 -50 ""तशत) अथा"त ". 1.75 करोड़ एवं ". 1.75 करोड़ के "प म" अघो"षत आय "वीकार करता हूँ, िजसम" मेरे "वारा पूव" के ""न" के जवाब म" "वीकार "कया गया अघो"षत आय " . 4,00,000 / -एवं ". 72,000 / - सि"म"लत है । Hence, to conclude, the appellant’s plea that ‘Undisclosed income’ as appearing in section 271AAB