PRASAM RAKESH CHOUDHARY,GIRNAR SOCIETY, BAPURAO GALLI, ITWARI, NAGPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL -1, BHOPAL , BHOPAL

Appeal is dismissed

Bench: Ms. Suchitra R. Kamble & Shri B.M. Biyaniacit Circle-1(1) M/S. Rashtriya Takniki Bhopal Shikshak Prashikshan Evam Anunsandhan Sansthan बनाम/ Samiti, Vs. Bhopal (Revenue/Appellant) (Assessee/Respondent) Pan: Aabar2266H Assessee By Shri Ashish Porwal, Sr. Dr Revenue By Shri Vinod Joshi, Ar Date Of Hearing 08.12.2025 Date Of Pronouncement 22.12.2025

forward the unabsorbed depreciation. Therefore, penalty u/s 271(1)(c) is leviable as per the Explanation 4(b) to section 271(1)(c) of the Act. 9. Having regard to the above and considering the totality of the facts and circumstances of the case, I am satisfied that the assessee had furnished inaccurate particulars of income within the meaning

R.M CHEMICALS P LTD ,INDORE vs. THE DCIT/AIT 4 (1), INDORE

Appeal is allowed

Bench: Shri Vijay Pal Rao & Shrib.M. Biyaniassessment Year: 2013-14 M/S.R.M. Chemicals Acit , 4(1), Pvt.Ltd., Bhopal बनाम/ 74,Jumerati, Bhopal Vs. (Appellant / Assessee) (Respondent / Revenue) Pan: Aaacr7154D Assessee By Shri Hitesh Chimnani, Ca & Shri Yash Kukreja, Ca Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 05.04.2023 Date Of Pronouncement 03.07.2023

forward losses and reduced the sameto Rs. 46,88,290/-. Accordingly, the AO disallowed excess deduction of Rs. 2,42,73,959/- [Rs. 2,89,62,249/- claimed by assessee (-) Rs. 46,88,290/- computed by AO]; thereby computed total income at Rs. 12,51,97,469/-. 4. Simultaneously, the AO initiated penalty proceeding u/s 271

HARPREET KAUR,BHOPAL vs. INCOME-TAX OFFICER, 5(2), BHOPAL, BHOPAL

Appeal is allowed in terms mentioned above

penalty proceedings u/s 271(1)(c) of the 'Act' are\ninitiated separately. After rejection of claim LTCG as claimed by the assessee\nis being computed separately in forthcoming paras of the body of the\nassessment order.\nAddition - Rs.8,61,000/-.\n3. Computation of LTCG:\nDescription\nAmount\nComputation\nFull\nvalue of Consideration\n(sale\nRs.410000/-\nconsideration received in lieu of sale

THE DY CIT 1(1), INDORE vs. M/S M.P. PASCHIM KSHETRA VIDYUT VITARAN CO. LTD., INDORE

In the result, All the four appeals of the revenue and one cross appeal of the assessee are dismissed

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

u/s. 263, that the impugned receipts are under the nomenclature of "charges" and that such "charges" are for facilitating specific services rendered" by the to the customers/consumers. The assessee strongly denies such observations, which are false & baseless and unsupported. The definition of "charges" in the said Notification are "recovery of the costs and expenses towards the laying of electric lines

THE DY CIT 1(1), INDORE vs. M/S M.P. PASCHIM KSHETRA VIDYUT VITARAN CO. LTD., INDORE

In the result, All the four appeals of the revenue and one cross appeal of the assessee are dismissed

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

u/s. 263, that the impugned receipts are under the nomenclature of "charges" and that such "charges" are for facilitating specific services rendered" by the to the customers/consumers. The assessee strongly denies such observations, which are false & baseless and unsupported. The definition of "charges" in the said Notification are "recovery of the costs and expenses towards the laying of electric lines

THE DY CIT 1(1), INDORE vs. M/S M.P. PASCHIM KSHETRA VIDYUT VITARAN CO. LTD., INDORE

In the result, All the four appeals of the revenue and one cross appeal of the assessee are dismissed

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

u/s. 263, that the impugned receipts are under the nomenclature of "charges" and that such "charges" are for facilitating specific services rendered" by the to the customers/consumers. The assessee strongly denies such observations, which are false & baseless and unsupported. The definition of "charges" in the said Notification are "recovery of the costs and expenses towards the laying of electric lines

M.P.PASHCHIM KSHETRA VIDYUT VITRAN CO LTD,INDORE vs. THE DY CIT 1(1), INDORE

In the result, All the four appeals of the revenue and one cross appeal of the assessee are dismissed

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

u/s. 263, that the impugned receipts are under the nomenclature of "charges" and that such "charges" are for facilitating specific services rendered" by the to the customers/consumers. The assessee strongly denies such observations, which are false & baseless and unsupported. The definition of "charges" in the said Notification are "recovery of the costs and expenses towards the laying of electric lines

THE DY CIT1 (1), INDORE vs. M/S M.P. PASCHIM KSHETRA VIDYUT VITARAN CO. LTD., INDORE

In the result, All the four appeals of the revenue and one cross appeal of the assessee are dismissed

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

u/s. 263, that the impugned receipts are under the nomenclature of "charges" and that such "charges" are for facilitating specific services rendered" by the to the customers/consumers. The assessee strongly denies such observations, which are false & baseless and unsupported. The definition of "charges" in the said Notification are "recovery of the costs and expenses towards the laying of electric lines

THE ACIT, CENTRAL-1, INDORE vs. M/S. MANISH AGRO TECH PVT. LTD., INDORE

In the result grounds of revenue for A

Bench: Shri Chandra Mohan Garg & Shri Bhagirath Mal Biyani

271, howsoever grave the suspicion the AO may entertain, the suspicion cannot take place of the evidence or finding of fact. The suspicion on the AO’s part can certainly prompt him to conduct enquiry & investigation but ultimate finding of the authority must be based on the material or evidences gathered by him and which has live nexus with

THE ACIT, CENTRAL-1, INDORE vs. M/S. MANISH AGRO TECH PVT. LTD., INDORE

In the result grounds of revenue for A

Bench: Shri Chandra Mohan Garg & Shri Bhagirath Mal Biyani

271, howsoever grave the suspicion the AO may entertain, the suspicion cannot take place of the evidence or finding of fact. The suspicion on the AO’s part can certainly prompt him to conduct enquiry & investigation but ultimate finding of the authority must be based on the material or evidences gathered by him and which has live nexus with

INCOME TAX OFFICER INDORE 5(1), INDORE vs. UMANG DEVELOPERS, INDORE

Appeals are dismissed

loss of Rs.\n89,056/-) and Rs.1,76,500/- respectively for those years. The cases of\nassessee were selected for scrutiny-assessments and statutory notices u/s\n143(2)/142(1) were issued. Finally, the AO completed assessments vide\nassessment-orders dated 29.12.2019 & 20.09.2021 determining total\nincomes as high as Rs.10,37,01,498/- & 12,90,13,010/- respectively after\nmaking

INCOME TAX OFFICER 5(1), INDORE vs. UMANG DEVELOPERS, INDORE

Appeals are dismissed

loss of Rs.\n89,056/-) and Rs.1,76,500/- respectively for those years. The cases of\nassessee were selected for scrutiny-assessments and statutory notices u/s\n143(2)/142(1) were issued. Finally, the AO completed assessments vide\nassessment-orders dated 29.12.2019 & 20.09.2021 determining total\nincomes as high as Rs.10,37,01,498/- & 12,90,13,010/- respectively after\nmaking

M/S OREF SECURITIES PRIVATE LTD. ,MANDSAUR vs. INCOME TAX OFFICER, INDORE

In the result, appeal of the assessee is allowed

Bench: Shri Manish Borad & Ms.Madhumita Royआयकर अपील सं./ Ita No.70/Ind/2018 "नधा"रण वष"/Asstt. Year: 2013-14 Vs. Ito, Mandsaur. M/S.Oref Securities P.Ltd. 69, Agrasen Nagar B/H. Mid India Mandsaur.

penalty proceedings u/s 271(1)9c) are also initiated.” 3. Before the ld.CIT(A), the appellant filed following written submissions: With regard to the Income Tax Appeal in the case of our above named client company for the Assessment Year 2013-14, we have to submit as under:- Ground No. 1 1.1 This ground relate to deemed addition

THE ACIT ,CENTRAL-1, INDORE vs. M/S PRAKASH OILS LTD., DHAR

In the result, the above captioned appeals filed by the Revenue as well as the

Bench: Shri C.M. Garg & Shri Bhagirath Mal Biyani

forwarded the said letter to the AO for information. Considering the fact that the appellant has suffered losses on trades on NMCE through brokers S. N. Commodities and Shubhlaxmi Commodities the appellant was required to file confirmed copy of accounts from both the brokers and to explain as to why the loss should not be disallowed. The submission filed

THE ADDL. CIT RANGE -1, INDORE vs. M/S PRAKASH OILS LTD., DHAR

In the result, the above captioned appeals filed by the Revenue as well as the

Bench: Shri C.M. Garg & Shri Bhagirath Mal Biyani

forwarded the said letter to the AO for information. Considering the fact that the appellant has suffered losses on trades on NMCE through brokers S. N. Commodities and Shubhlaxmi Commodities the appellant was required to file confirmed copy of accounts from both the brokers and to explain as to why the loss should not be disallowed. The submission filed

THE ACIT,CENTRAL-1, INDORE vs. M/S PRAKASH OILS LTD., DHAR

In the result, the above captioned appeals filed by the Revenue as well as the

Bench: Shri C.M. Garg & Shri Bhagirath Mal Biyani

forwarded the said letter to the AO for information. Considering the fact that the appellant has suffered losses on trades on NMCE through brokers S. N. Commodities and Shubhlaxmi Commodities the appellant was required to file confirmed copy of accounts from both the brokers and to explain as to why the loss should not be disallowed. The submission filed

ACIT-1(1), INDORE vs. KRITI NUTRIENTS LIMITED, INDORE

The appeal of the Revenue is allowed for statistical\npurposes

u/s\n144 of the Act.\n4.11 Moving forward we observe that the Ld. CIT(A) in the\n“Impugned Order” has observed & recorded as follows amongst\nothers:-\n“4.2 The appellant has also admitted that in response to notices u/s\n142(1) of the Act and show cause notice thereafter, partial response\nwere submitted