M/S INDUSTRIAL FILTERS & FABRICS PVT.LTD.,INDORE vs. THE JCIT, R-5 (PRESENT AO: DCIT 2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

unexplained cash credits in the form of share application money received the charge was clearly mentioned while recording satisfaction for initiating penalty. The relevant para no. 2.9 of the assessment order reads as under: 5." Since inaccurate particulars of income furnished penalty proceedings u/s 271

M/S INDUSTRIAL FILTERS AND FABRICS PVT. LTD.,INDORE vs. THE ACIT 5(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

unexplained cash credits in the form of share application money received the charge was clearly mentioned while recording satisfaction for initiating penalty. The relevant para no. 2.9 of the assessment order reads as under: 5." Since inaccurate particulars of income furnished penalty proceedings u/s 271

M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT 2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

unexplained cash credits in the form of share application money received the charge was clearly mentioned while recording satisfaction for initiating penalty. The relevant para no. 2.9 of the assessment order reads as under: 5." Since inaccurate particulars of income furnished penalty proceedings u/s 271

M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT 2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

unexplained cash credits in the form of share application money received the charge was clearly mentioned while recording satisfaction for initiating penalty. The relevant para no. 2.9 of the assessment order reads as under: 5." Since inaccurate particulars of income furnished penalty proceedings u/s 271

M/S INDUSTRIAL FILTERS AND FABRICS PVT. LTD.,INDORE vs. THE ADDL. CIT- RANGE-5, INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

unexplained cash credits in the form of share application money received the charge was clearly mentioned while recording satisfaction for initiating penalty. The relevant para no. 2.9 of the assessment order reads as under: 5." Since inaccurate particulars of income furnished penalty proceedings u/s 271

M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT 2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

unexplained cash credits in the form of share application money received the charge was clearly mentioned while recording satisfaction for initiating penalty. The relevant para no. 2.9 of the assessment order reads as under: 5." Since inaccurate particulars of income furnished penalty proceedings u/s 271

M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT-2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

unexplained cash credits in the form of share application money received the charge was clearly mentioned while recording satisfaction for initiating penalty. The relevant para no. 2.9 of the assessment order reads as under: 5." Since inaccurate particulars of income furnished penalty proceedings u/s 271

SMT. SARITA CHAWLA,BHOPAL vs. THE ACIT 1(2), BHOPAL

In the result appeal of the assessee for Assessment Years

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradit(Ss)A Nos. 158 To 163/Ind/2015 Assessment Years 2000-01 To 2005-06 & Assessment Year-2006-07

271 (SC) Omar Salay Mohamed Sait Vs. CIT (1959) 371TR 151 (SC) Nai Dunia News &Network Pvt Ltd. 171TJ 289 Trib.lndore AO made adhoc disallowance for expenses holding that "some" vouchers were not verifiable. HELD, no specific defect is pointed out. 'A' has maintained proper books which has not been rejected. B. ACIT vs.Popular Art Palace

THE DCIT, 1(1), BHOPAL vs. SMT. SUDESH CHAWLA, BHOPAL

In the result appeal of the assessee for Assessment Years

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradit(Ss)A Nos. 158 To 163/Ind/2015 Assessment Years 2000-01 To 2005-06 & Assessment Year-2006-07

271 (SC) Omar Salay Mohamed Sait Vs. CIT (1959) 371TR 151 (SC) Nai Dunia News &Network Pvt Ltd. 171TJ 289 Trib.lndore AO made adhoc disallowance for expenses holding that "some" vouchers were not verifiable. HELD, no specific defect is pointed out. 'A' has maintained proper books which has not been rejected. B. ACIT vs.Popular Art Palace

LATE SMT. SUDESH CHAWLA L/H SHRI PREM CHAWLA,BHOPAL vs. THE ACIT 1(2), BHOPAL

In the result appeal of the assessee for Assessment Years

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradit(Ss)A Nos. 158 To 163/Ind/2015 Assessment Years 2000-01 To 2005-06 & Assessment Year-2006-07

271 (SC) Omar Salay Mohamed Sait Vs. CIT (1959) 371TR 151 (SC) Nai Dunia News &Network Pvt Ltd. 171TJ 289 Trib.lndore AO made adhoc disallowance for expenses holding that "some" vouchers were not verifiable. HELD, no specific defect is pointed out. 'A' has maintained proper books which has not been rejected. B. ACIT vs.Popular Art Palace

SHRI VINOD BHANDARI,INDORE vs. THE PR.CIT-1, INDORE

In the result appeal of the assessee is allowed

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13 Shri Vinod Bhandari, Pr. Cit(1), Indore 21- Gf, Bhandari House, Talkies, Scheme No.54, Vs. Vijay Nagar, Indore (Appellant) (Revenue ) Pan No.Abnpb6240M Assessment Year: 2012-13

Penalty u/s 271(1)(c) of the Act not initiating action for furnishing inaccurate particulars of income for claiming against interest expenditure of Rs.39,83,844/-. (b) Break up of income of Rs.41,07,848/- not obtained. (c) Not mentioning the link source of Rs. 7 crores surrendered with the Vyapam case. (d) Not calling information from various agencies involved

DR. VINOD BHANDARI,INDORE vs. THE ACIT CIR. 2(1), INDORE

In the result appeal of the assessee is allowed

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13 Shri Vinod Bhandari, Pr. Cit(1), Indore 21- Gf, Bhandari House, Talkies, Scheme No.54, Vs. Vijay Nagar, Indore (Appellant) (Revenue ) Pan No.Abnpb6240M Assessment Year: 2012-13

Penalty u/s 271(1)(c) of the Act not initiating action for furnishing inaccurate particulars of income for claiming against interest expenditure of Rs.39,83,844/-. (b) Break up of income of Rs.41,07,848/- not obtained. (c) Not mentioning the link source of Rs. 7 crores surrendered with the Vyapam case. (d) Not calling information from various agencies involved

DR. VINOD BHANDARI,INDORE vs. THE DCIT CIR. 2(1), INDORE

In the result appeal of the assessee is allowed

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13 Shri Vinod Bhandari, Pr. Cit(1), Indore 21- Gf, Bhandari House, Talkies, Scheme No.54, Vs. Vijay Nagar, Indore (Appellant) (Revenue ) Pan No.Abnpb6240M Assessment Year: 2012-13

Penalty u/s 271(1)(c) of the Act not initiating action for furnishing inaccurate particulars of income for claiming against interest expenditure of Rs.39,83,844/-. (b) Break up of income of Rs.41,07,848/- not obtained. (c) Not mentioning the link source of Rs. 7 crores surrendered with the Vyapam case. (d) Not calling information from various agencies involved

RADHESHYAM AGARWAL,BHOPAL vs. THE PCIT, CENTRAL, BHOPAL , BHOPAL

Cash Book Rs (26,41,477/-) & after\nphysical verification total (Rs 22,85,800/-) difference of (-) Rs 3,55,677/- was found at\nthe business premise.\nIn regard to stock register\nStock Register was maintained at this premise, the copy of the Stock Register\nmaintained in the books of accounts (up to 08.03.2018). As per Books the value of\nSilver

M/S. PRAKASH ASHPHLTING & TOO HIGHWAY LTD.,INDORE vs. THE ACIT, (CENTRAL)-1, INDORE

In the result, assessee’s ITA No

Bench: Ms. Suchitra Kamble & Shri B.M. Biyani(Conducted Through Virtual Court) Assessment Year: 2008-09 Prakash Asphaltings & Toll Acit (Central)-1 Of Highway (India) Ltd., Indore बनाम/ 76, Mall Road, Vs. Mhow (Appellant / Assessee) (Respondent / Revenue) Assessment Year: 2008-09 Acit, Central-1, Prakash Asphaltings & Indore Toll Of Highway (India) बनाम/ Ltd., 76, Mall Road, Vs. Mhow (Appellant / Revenue) (Respondent / Assessee)

unexplained cash credit to the total income of the assessee for A.Y. 2008-09. Penalty proceeding u/s 271(1)(c) of the Act is initiated

ACIT(CENTRAL)-1, INDORE vs. PRAKASH ASPHALTINGS & TOLL HIGHWAYS (INDIA) LTD., MHOW

In the result, assessee’s ITA No

Bench: Ms. Suchitra Kamble & Shri B.M. Biyani(Conducted Through Virtual Court) Assessment Year: 2008-09 Prakash Asphaltings & Toll Acit (Central)-1 Of Highway (India) Ltd., Indore बनाम/ 76, Mall Road, Vs. Mhow (Appellant / Assessee) (Respondent / Revenue) Assessment Year: 2008-09 Acit, Central-1, Prakash Asphaltings & Indore Toll Of Highway (India) बनाम/ Ltd., 76, Mall Road, Vs. Mhow (Appellant / Revenue) (Respondent / Assessee)

unexplained cash credit to the total income of the assessee for A.Y. 2008-09. Penalty proceeding u/s 271(1)(c) of the Act is initiated

ILIYAS,KHARGONE vs. INCOME TAX OFFICER, DELHI

Appeal of the assessee is allowed for statistical purpose

Bench: Smt. Annapurna Gupta & Shri Paresh M Joshiiliyas, Nfac, बनाम/ 56, Khargone Road Bedia, Delhi Vs. Khargone

271(1)(b) of the IT Act is initiated separately for non compliance of notice u/s 142(1) of the Act. Penalty proceedings u/s 271F of the Act is initiated separately. Penalty proceeding u/s 271B of the Act is initiated separately. 5. Final computation of taxable income: Page 7 of 12 Iliyas ITA No. 445/Ind/2024 - A.Y.2013-14 Sl.No. Description Amount

THE DCIT-3(1), INDORE vs. M/S. MODERN LABORATORIES, INDORE

In the result, both the appeals of the Revenue and assessee are dismissed

Bench: Shri Kul Bharat & Shri Manish Boradआ.अ.सं /.I.T.A. No. 135/Ind/2017 "नधा"रणवष" / Assessment Year:2008-09 Dy. Cit, Vs. M/S.Modern Laboratories 3(1), Pvt.Ltd., Indore. Indore. अपीलाथ" /Appellant ""यथ" /Respondent

unexplained credit of Rs. 1,48,00,000/- and disallowance of interest on credits of Rs. 1,46,660/-. On -: 4 :- Modern Laboratories P.Ltd., Indore. these additions, the AO initiated penalty proceedings and subsequently the AO imposed penalty u/s 271(1)(c) of the Act in respect of the additions sustained by the Ld. CIT(A) in appeal