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

Section 143(3) of the Act on 29.03.2014 by determining the total income of the assessee at Rs. 4,71,42,454/-. Further that the Ld. AO re-characterised the income from operation of the mall as shown by the assessee in its computation of income under the head “Income from Business Profession” to the head “Income From House Properties

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

Section 143(3) of the Act on 29.03.2014 by determining the total income of the assessee at Rs. 4,71,42,454/-. Further that the Ld. AO re-characterised the income from operation of the mall as shown by the assessee in its computation of income under the head “Income from Business Profession” to the head “Income From House Properties

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

section 54 as claimed by the appellant on account of construction of new house after verifying and examining Sale Deed, necessary approvals, Valuation Report, Bank Statements and other relevant documents submitted and produced during the course of assessment. 1.3 It is also important to note that there is no dispute as to the cost of acquisition of house property sold

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

section 234B of the income Tax Act. ITA No.26/Ind/2015/ Assessment Year 2007-08 : 1.1) That on the facts and in the circumstances of the Ld CIT (A) erred in maintaining notional addition made by the assessing officer by taxing the annual letting value of the property under the head of Income from House property M/s.Sheetu Educational Services P.Ltd. I.T.A.Nos

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

section 234B of the income Tax Act. ITA No.26/Ind/2015/ Assessment Year 2007-08 : 1.1) That on the facts and in the circumstances of the Ld CIT (A) erred in maintaining notional addition made by the assessing officer by taxing the annual letting value of the property under the head of Income from House property M/s.Sheetu Educational Services P.Ltd. I.T.A.Nos

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

section 234B of the income Tax Act. ITA No.26/Ind/2015/ Assessment Year 2007-08 : 1.1) That on the facts and in the circumstances of the Ld CIT (A) erred in maintaining notional addition made by the assessing officer by taxing the annual letting value of the property under the head of Income from House property M/s.Sheetu Educational Services P.Ltd. I.T.A.Nos

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

section 234B of the income Tax Act. ITA No.26/Ind/2015/ Assessment Year 2007-08 : 1.1) That on the facts and in the circumstances of the Ld CIT (A) erred in maintaining notional addition made by the assessing officer by taxing the annual letting value of the property under the head of Income from House property M/s.Sheetu Educational Services P.Ltd. I.T.A.Nos

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

section 234B of the income Tax Act. ITA No.26/Ind/2015/ Assessment Year 2007-08 : 1.1) That on the facts and in the circumstances of the Ld CIT (A) erred in maintaining notional addition made by the assessing officer by taxing the annual letting value of the property under the head of Income from House property M/s.Sheetu Educational Services P.Ltd. I.T.A.Nos

THE ACIT, 3(1), INDORE vs. SHRI PRAMOD KUMAR SETHI, INDORE

In the result appeal filed by the revenue being I

Bench: Shri Kul Bharat & Shri Manish Borad

house property and fell under the specific head described in Section 9. The character of that income was not altered

THE ACIT, 3(1), INDORE vs. SHRI PRAMOD KUMAR SETHI, INDORE

In the result appeal filed by the revenue being I

Bench: Shri Kul Bharat & Shri Manish Borad

house property and fell under the specific head described in Section 9. The character of that income was not altered

SHRI PRAMOD KUMAR SETHI,INDORE vs. THE ACIT 3(1), INDORE

In the result appeal filed by the revenue being I

Bench: Shri Kul Bharat & Shri Manish Borad

house property and fell under the specific head described in Section 9. The character of that income was not altered

MAHENDRA SINGH CHAWLA,INDORE vs. DCIT CIRCLE-1(1), INDORE

In the result, the appeal of the assessee is dismissed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanimahendra Singh Chawla Dcit Circle -1(1) 4/35 Gram Pigdamber A.B. Indore Road Near Rao Vs. Indore (Appellant / Assessee) (Respondent/ Revenue) Pan: Aazpc0120C Assessee By None Shri Ashish Porwal, Sr. Dr Revenue By Date Of Hearing 02.09.2024 Date Of Pronouncement 04 .09.2024

9 of 21 ITANo.245/Ind/2024 Mahendra Singh Chawla 5. In this case even without execution of sale deed, the transferee acquires the right in the property and the transferor cannot claim any right in respect of property under consideration other than the rights expressly provided in the terms of contract. Section 2(47(v) of the Income Tax Act, 1961; covers

BHARAT SHAH,INDORE vs. THE ITO3(4), INDORE

In the result, Assessee’s appeal ITANo

Bench: Shri Mahavir Prasad & Shri Manish Boradvirtual Hearing Assessment Year: 2013-14

property", other than the new asset, the amount of capital gain arising from the transfer of the original asset not charged under section 45 on the basis of the cost of such new asset as provided in clause (a), or, as the case may be, clause (b), of sub-section (1), shall be deemed to be income chargeable under

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

9,62,1010 and after deducting the same, long term capital gains was computed at Rs. 1,02,87,899/-. Out of this net long term capital gains of Rs. 3,47,749/- was offered to tax and balance of Rs. 99,40,150/- was claimed as exemption under section 54F of the Act being purchase of three plots

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’ and not as ‘business income’ and for that reason made the impugned Page 9 of 22 ITA No. 471/Ind/2023 - AY 2016-17 SRK Dev Build Pvt. Ltd disallowances of deductions, the AO was very much wrong in stepping further and making a worse conclusion that the assessee has furnished inaccurate particulars qua those disallowances and thereby invoking section

M/S SANGHVI FOODS P LTD, ,INDORE vs. ITO (IT & TP) , BHOPAL

In the result common issue raised in

Bench: Shri Kul Bharat & Shri Manish Borad

House, A.B. Road, Indore (Appellant) (Revenue ) PAN AACCS4128C Appellant by S/Shri S.N. Agrawal & Pankaj Mogra, CAs Revenue by Shri K.G. Goyal, Sr. DR Date of Hearing 12.03.2020 Date of Pronouncement 03.06.2020 O R D E R PER MANISH BORAD, AM. The above captioned appeals filed at the instance of assessee pertaining to Assessment Year

M/S SANGHVI FOODS P LTD, ,INDORE vs. ITO (IT & TP) , BHOPAL

In the result common issue raised in

Bench: Shri Kul Bharat & Shri Manish Borad

House, A.B. Road, Indore (Appellant) (Revenue ) PAN AACCS4128C Appellant by S/Shri S.N. Agrawal & Pankaj Mogra, CAs Revenue by Shri K.G. Goyal, Sr. DR Date of Hearing 12.03.2020 Date of Pronouncement 03.06.2020 O R D E R PER MANISH BORAD, AM. The above captioned appeals filed at the instance of assessee pertaining to Assessment Year

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