CIT-2, BHOPAL vs. KRASHAK SEWA SAHAKARI SAMITI MARYADIT, RAISEN

In the result, both the appeals of revenue in case of Sewa

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2009-10 Cit,-2 Sewa Sahakari Samiti, बनाम/ Bhopal Raisen Bharkacha Vs. (Revenue) (Respondent) Pan:Aafts5908N Assessment Year: 2009-10 Cit,-2 Krashak Sewa Sahakari Samiti, बनाम/ Bhopal Maryadit, Bhaisaya Badi Vs. Raisen (Revenue) (Respondent) Pan:Aaaak9049E

36(1)(viia) was not available to assessee (Being Primary agricultural credit society). Even the return for A.Y. 2008-09 and A.Y. 2009-10 were accepted. The assessee in a bonafide belief and relying on the audit report, could not add back the Provisions for bad & doubtful 5 Sewa & Krashak Sewa Sahakari Samiti Yaryadit ITANo.857/Ind/2018 & ITANo.858/Ind/2018 debt. Reliance is placed

CIT-2, BHOPAL vs. SEWA SAHAKARI SAMITI, RAISEN

In the result, both the appeals of revenue in case of Sewa

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2009-10 Cit,-2 Sewa Sahakari Samiti, बनाम/ Bhopal Raisen Bharkacha Vs. (Revenue) (Respondent) Pan:Aafts5908N Assessment Year: 2009-10 Cit,-2 Krashak Sewa Sahakari Samiti, बनाम/ Bhopal Maryadit, Bhaisaya Badi Vs. Raisen (Revenue) (Respondent) Pan:Aaaak9049E

36(1)(viia) was not available to assessee (Being Primary agricultural credit society). Even the return for A.Y. 2008-09 and A.Y. 2009-10 were accepted. The assessee in a bonafide belief and relying on the audit report, could not add back the Provisions for bad & doubtful 5 Sewa & Krashak Sewa Sahakari Samiti Yaryadit ITANo.857/Ind/2018 & ITANo.858/Ind/2018 debt. Reliance is placed

M/S JILA SAHKARI KRISHI AUR GRAMIN VIKAS BANK MYDT.,HOSHAGABAD vs. THE ACIT RANGE, ITARSI

In the result, the appeal is allowed for statistical purposes

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13

u/s 271(1)(c) of the Act for disallowance of provision of bad and doubtful debts and disallowance of provision for standard assets at Rs. 41,30,455/- and Rs. 1,85,865/-, respectively. Perusal of record shows that during penalty proceedings the assessee made no submissions and failed to appear before the Assessing Officer to plead its case

MADHYA PRADESH MADHYA KSHETRA VIDUT VITARAN COMPANY LIMITED,BHOPAL vs. THE DCIT- 2-(1), BHOPAL

Appeal is allowed for statistical purpose

36(1)(viia) and not to assessee which is\nengaged in electricity distribution. Ultimately, the PCIT passed revision-\norder dated 23.03.2017 u/s 263 directing the AO to re-frame assessment\nafter examining the issue of deduction of “Provisions for bad and doubtful\ndebt\". Pursuant to such revision-order, the AO passed order of fresh\nassessment dated 15.06.2017 u/s

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

1 proceed to invoke the powers u/s 263 and pass an appropriate order, I deem it proper to give you an opportunity of being heard in the matter. 22. The assessee duly replied to the above show cause notice submitting as follows:- The assessee is earning income from Job work of engineering/vehicle parts in the name of his proprietary concern

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

1 proceed to invoke the powers u/s 263 and pass an appropriate order, I deem it proper to give you an opportunity of being heard in the matter. 22. The assessee duly replied to the above show cause notice submitting as follows:- The assessee is earning income from Job work of engineering/vehicle parts in the name of his proprietary concern

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

1 proceed to invoke the powers u/s 263 and pass an appropriate order, I deem it proper to give you an opportunity of being heard in the matter. 22. The assessee duly replied to the above show cause notice submitting as follows:- The assessee is earning income from Job work of engineering/vehicle parts in the name of his proprietary concern

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

1 proceed to invoke the powers u/s 263 and pass an appropriate order, I deem it proper to give you an opportunity of being heard in the matter. 22. The assessee duly replied to the above show cause notice submitting as follows:- The assessee is earning income from Job work of engineering/vehicle parts in the name of his proprietary concern

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

1 proceed to invoke the powers u/s 263 and pass an appropriate order, I deem it proper to give you an opportunity of being heard in the matter. 22. The assessee duly replied to the above show cause notice submitting as follows:- The assessee is earning income from Job work of engineering/vehicle parts in the name of his proprietary concern

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

1 proceed to invoke the powers u/s 263 and pass an appropriate order, I deem it proper to give you an opportunity of being heard in the matter. 22. The assessee duly replied to the above show cause notice submitting as follows:- The assessee is earning income from Job work of engineering/vehicle parts in the name of his proprietary concern

MADHYA PRADESH COUNSALTANCY ORGANISATION LIMITED,BHOPAL vs. ASSISTANT COMMISSIONER OF INCOME TAX 2(1), BHOPAL, BHOPAL

In the result, the appeal of the assessee is partly allowed for statistical purposes

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2013-14 M/S M.P. Consultancy Acit-2(1) बनाम/ Organization Ltd., Bhopal Vs. Block -2, 3Rd Floor Paryawas Bhawan, Arera Hills Bhopal (Appellant) (Revenue) Pan: Aabcm0090J Appellant By Shri M.K. Sharma, Ca Revenue By Smt. Vineeta Dube, Sr. Dr Date Of Hearing: 21.08.2019 Date Of Pronouncement: 13 .09.2019 आदेश / O R D E R Per Manish Borad, A.M: This Appeal At The Instance Of Assessee Pertaining To A.Y. 2013-14 Is Directed Against The Order Of Ld. Commissioner Of Income Tax(Appeals)-I, Bhopal, (In Short ‘Cit(A)’), Dated 30.03.2017 Which Is Arising Out Of The Order U/S 143(3) Of The Income Tax Act 1961(Hereinafter Called As The ‘Act’) Framed On 23.-2.2016 By Acit- 2(1), Bhopal.

viia) as per Rs.13,04,862/- para 3.6 Add: Income from Punjab National Bank not Rs.18,35,393/- offered to tax as per para 4.5 Assessed Total Income (Rounded off) Rs.1,17,71,160/- 3. Aggrieved assessee preferred an appeal before the Ld. CIT(A) but failed to succeed. 4. Now the assessee is in appeal before the Tribunal raising