BABITA CHELAWAT,INDORE vs. DCIT/ACIT 1(1), INDORE, INDORE

The appeal of the assessee is allowed & the impugned order is set aside

Bench: Shri B.M. Biyani & Shri Paresh M Joshi

penny stock transactions and SLP was also dismissed by Hon'ble Supreme Court in the above matter. Hence, the ground of appeal is without any merit and hence the same is dismissed. 8.6 Vide Ground No. 8, the appellant has submitted that Ld. AO erred by not serving the order for rectification request made by the assessee for mistake apparent

SHRI MANISH MUNDRA,INDORE vs. PCIT UJJAIN, UJJAIN

In the result all the appeals of the assessee(s) (i) Shri Aditya

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

penny stock which is added on individual transaction screen (ITS) of ITD system of AO which can be utilized by the AO to scrutinize the cases selected under CASS. Ld. Departmental Representative also submitted that the A.O ought to have conducted further enquiries to examine the genuineness of the transaction of sale of equity shares of M/s Kappac Pharma

SHRI GOVIND DAS MUNDRA,INDORE vs. PCIT UJJAIN, UJJAIN

In the result all the appeals of the assessee(s) (i) Shri Aditya

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

penny stock which is added on individual transaction screen (ITS) of ITD system of AO which can be utilized by the AO to scrutinize the cases selected under CASS. Ld. Departmental Representative also submitted that the A.O ought to have conducted further enquiries to examine the genuineness of the transaction of sale of equity shares of M/s Kappac Pharma

DHIRENDRA INTERNATIONAL (P) LTD.,NEEMUCH vs. PR. CIT UJJAIN, UJJAIN

In the result all the appeals of the assessee(s) (i) Shri Aditya

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

penny stock which is added on individual transaction screen (ITS) of ITD system of AO which can be utilized by the AO to scrutinize the cases selected under CASS. Ld. Departmental Representative also submitted that the A.O ought to have conducted further enquiries to examine the genuineness of the transaction of sale of equity shares of M/s Kappac Pharma

SHRI ADITYA MUNDRA,DEWAS vs. PCIT UJJAIN, UJJAIN

In the result all the appeals of the assessee(s) (i) Shri Aditya

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

penny stock which is added on individual transaction screen (ITS) of ITD system of AO which can be utilized by the AO to scrutinize the cases selected under CASS. Ld. Departmental Representative also submitted that the A.O ought to have conducted further enquiries to examine the genuineness of the transaction of sale of equity shares of M/s Kappac Pharma

SHRI MANOJ MUNDRA,INDORE vs. PCIT UJJAIN, UJJAIN

In the result all the appeals of the assessee(s) (i) Shri Aditya

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

penny stock which is added on individual transaction screen (ITS) of ITD system of AO which can be utilized by the AO to scrutinize the cases selected under CASS. Ld. Departmental Representative also submitted that the A.O ought to have conducted further enquiries to examine the genuineness of the transaction of sale of equity shares of M/s Kappac Pharma

M/S. CHARITRA GOLD PVT. LTD.,RATLAM vs. THE PR. CIT, UJJAIN

In the result all the appeals of the assessee(s) (i) Shri Aditya

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

penny stock which is added on individual transaction screen (ITS) of ITD system of AO which can be utilized by the AO to scrutinize the cases selected under CASS. Ld. Departmental Representative also submitted that the A.O ought to have conducted further enquiries to examine the genuineness of the transaction of sale of equity shares of M/s Kappac Pharma

DCIT3(1), INDORE vs. SHRI MANOJ DAGA, INDORE

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year:2010-11

penny stocks and appeals/SLPs in such cases shall be filed on merits. (Abh hek Gautam) DCIT(OSD)(ITJ-1), CBDT, New Delhi. Copy to: 1. The Chairman, Members and all other officers in CBDT of the rank of Under Secretary and above. 2. All Principal Chief Commissioners of Income-tax and Director Generals of Income