MR GAURAV AJMERA,RATLAM vs. DCIT CENTRAL CIRCLE -2, INDORE

Accordingly. Thus, this ground is allowed partly for statistical purpose

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year: 2017-18 Mr. Gaurav Ajmera, Dcit, बनाम/ 38, Ram Mohalla, Central Circle 2, Ratlam Indore. Vs. (Assessee / Appellant) (Revenue / Respondent) Pan: Aglpa8863C Assessee By Shri Pawan Ved, Advocate & Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 13.06.2023 Date Of Pronouncement 01.09.2023

demonetization by Govt. of India while it was being transported in bags in train. Further, the assessee admitted, in reply to Q.No. 9 of statement u/s 131 and Q.No. 5 & 8 of statement u/s 132(4) that he was unable to explain the source of cash; that the impugned cash was not recorded in his books; that

RITESH SURESH JAISWAL,SENDHAWA, KHARGONE vs. ASSESSING OFFICER , INDORE

Appeal is allowed for statistical purpose

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year: 2017-18 Ritesh Suresh Jaiswal, Assessing Officer, Dhawali, Sendhwa, National Faceless बनाम/ Khargone Assessment Centre, Vs. Delhi (Appellant/Assessee) (Respondent/Revenue) Pan: Aibpj7676E Assessee By Shri Pankaj Shah & Soumya Bomb, Ars Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 13.02.2024 Date Of Pronouncement 15.02.2024

demonetization period where the tax rate u/s 115BBE is 77.25% the amount is added in the A.Y. 2016-17 on protective basis to be taxed at the rates prescribed u/s 115BBE of the Income-tax Act, 1961. Since the assessee has concealed particulars of income penalty proceedings u/s 271

SURESHCHAND LAKHMICHAND JAIN,BASODA vs. INCOME TAX OFFICER, VIDISHA

Appeal is allowed partly

Bench: Shri B.M. Biyani & Shri Dinesh Mohan Sinhaassessment Year: 2017-18 Sureshchand Lakhmichand Ito, Vidisha Jain, 19, M/S. Suresh Chand Adesh बनाम Kumar, / Sironj Road, Gandhi Chowk Vs. Ganj Basoda (Assessee/Appellant) (Revenue/Respondent) Pan: Admpj6555G Assessee By Shri Manish Dafaria, Ca & Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 01.01.2025 Date Of Pronouncement 30.01.2025

penalty proceedings u/s 271 AAC of the Act in respect of unexplained income is being initiated.” Page 3 of 7 Sureshchand Lakhmichand Jain ITA No. 545/Ind/2024 – AY 2017-18 5. Referring to above, Ld. AR submitted that the AO has himself acknowledged the cash-book filed by assessee during the course of assessment-proceeding and also made a clear noting

LATE MANOHARASINGH THROUGH LEGAL HEIR SHRI SURAJ MANDLOI,INDORE vs. ITO 1(1), INDORE

Appeal is partly allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year : 2017-18 Late Manoharasingh Income-Tax Officer, (Through Legal Heir Shri 1(1), Suraj Mandloi), Indore. बनाम/ 34, Village Begam Kheri, Vs. P.O.Burana Kheri, Indore. (Assessee/Appellant) (Revenue/Respondent) Pan : Blspm9380B Assessee By Shri Ashish Goyal & Shri N.D. Patwa, Ars Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 23.07.2024 Date Of Pronouncement 30.07.2024

penalty u/s 271AAC are being initiated separately in view of the additions being made u/s 69A read with 15BBE.” 8. During first-appeal, the CIT(A) upheld AO’s action by passing following order: “6. DECISION: 6.1 During the appeal proceedings the appellant was given enough opportunity to explain the source of cash credited in bank account

KALPANA NARWARE,BETUL vs. INCOME TAX OFFICER, BETUL

Appeal is allowed for statistical purpose

Demonetization are part of sale made on regular\nBasis however Ld. AO did not consider such response filed along with\ndocumentary Evidences and passed the Assessment order dated\n25/10/2019 wherein entire Cash deposited by the Appellant was treated as\nunexplained money u/s 69A of the Act and entire turnover was taxed @3%,\nthereby making addition