THE ACIT, CENTRAL-2, INDORE vs. M/S. CHUGH REALTY, INDORE

In the result, the appeals of the Revenue for the A

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad(Virtual Hearing)

482/- made in the hands of the assessee. Therefore, this ground of Appeal of the Revenue is dismissed. 20. In the result, the appeal of the Revenue for the A.Y. 2011-12 is dismissed. SHRI NITESH CHUGH (A.Y. 2012-13 & A.Y. 2013-14) Ground No. 1 for A.Y. 2012-13: 21. This ground of appeal of the Revenue pertains

LATE SMT SUSHILA BISARYA, BHOPAL vs. THE PR CIT-1, BHOPAL

In the result, we are Shri Jignesh Lilachand Shah vs

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanilate Smt. Sushila Bisarya Pr. Cit-1 L.H. Pramod Bisarya Bhopal Vs. 125 Malviya Nagar, Bhopal (Appellant / Assessee) (Respondent/ Revenue) Pan: Aewpb 2587 D Assessee By Shri Gagan Tiwari, Ar Revenue By Shri P.K. Mishra, Cit-Dr Date Of Hearing 10.08.2023 Date Of Pronouncement 16.08.2023

section 263 cannot be invoked against invalid order of AO. It is pertinent to note that the assessee expired on 30th December 2020 whereas the AO issued notice u/s 148 on 30.03.2017 against a dead person and subsequently passed reassessment order in the name of dead person. The Hon’ble Supreme Court in case of ITO vs. Durlabhbhai Kanubhai Rajpara

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

section 147 of the Act and, thereafter, concluded that the losses obtained by the assessee on NMCE platform were contrived CO Nos.2 to 4/Ind/2022 losses and those losses were incurred by executing the synchronized trades dealing in illiquid commodities only. He also alleged that the losses were incurred with a specific intention to reduce taxable income by setting

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

section 147 of the Act and, thereafter, concluded that the losses obtained by the assessee on NMCE platform were contrived CO Nos.2 to 4/Ind/2022 losses and those losses were incurred by executing the synchronized trades dealing in illiquid commodities only. He also alleged that the losses were incurred with a specific intention to reduce taxable income by setting

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

section 147 of the Act and, thereafter, concluded that the losses obtained by the assessee on NMCE platform were contrived CO Nos.2 to 4/Ind/2022 losses and those losses were incurred by executing the synchronized trades dealing in illiquid commodities only. He also alleged that the losses were incurred with a specific intention to reduce taxable income by setting

GURVINDER KAUR BHATIA ,INDORE vs. PR. CIT-2, INDORE

In the result, both the appeals of the assessee(s) in ITANo

Bench: Shri Kul Bharat & Shri Manish Boradassessment Years: 2015-16

reassess the assessee’s income observing as follows: “I have carefully considered the facts of the case, the assessment records and the written submission given by the assessee. It is noted that the case was selected for complete 19 HarleenKaur Bhatia &GurvinderKaur Bhatia ITA Nos.150 & 151 /Ind/19 scrutiny through CASS and the reason for selection were mentioned as high ratio

HARLEEN KAUR BHATIA,INDORE vs. PR. CIT-2, INDORE

In the result, both the appeals of the assessee(s) in ITANo

Bench: Shri Kul Bharat & Shri Manish Boradassessment Years: 2015-16

reassess the assessee’s income observing as follows: “I have carefully considered the facts of the case, the assessment records and the written submission given by the assessee. It is noted that the case was selected for complete 19 HarleenKaur Bhatia &GurvinderKaur Bhatia ITA Nos.150 & 151 /Ind/19 scrutiny through CASS and the reason for selection were mentioned as high ratio

SHIV NARAYAN SHARMA,INDORE vs. ACIT CIRCLE 3(1), INDORE

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2014-15

482 Goyal Nagar, Indore PAN : AAIHM5401M V/s ITO-2(1), Indore : Respondent Shivnarayan Sharma & Ors ITA Nos. 889/Ind/2018,474,206,60,987/Ind/2019 Assessment Year 2011-12 Shri Darshan Kumar Pahwa : Appellant 103, Mishika Tower, 28 Patel Nagar, Indore PAN : ABSPP2810N V/s DCIT-5(1), Indore : Respondent Revenue by Shri Harshit Bari, Sr.DR Assessee by Shri Girish Agrawal, Shri Vijay Bansal

MANISH GOVIND AGRAWAL HUF,INDORE vs. I T O 2(1), INDORE

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2014-15

482 Goyal Nagar, Indore PAN : AAIHM5401M V/s ITO-2(1), Indore : Respondent Shivnarayan Sharma & Ors ITA Nos. 889/Ind/2018,474,206,60,987/Ind/2019 Assessment Year 2011-12 Shri Darshan Kumar Pahwa : Appellant 103, Mishika Tower, 28 Patel Nagar, Indore PAN : ABSPP2810N V/s DCIT-5(1), Indore : Respondent Revenue by Shri Harshit Bari, Sr.DR Assessee by Shri Girish Agrawal, Shri Vijay Bansal

GOVIND HARINARAYAN AGRAWAL HUF,INDORE vs. I T O 2(1), INDORE

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2014-15

482 Goyal Nagar, Indore PAN : AAIHM5401M V/s ITO-2(1), Indore : Respondent Shivnarayan Sharma & Ors ITA Nos. 889/Ind/2018,474,206,60,987/Ind/2019 Assessment Year 2011-12 Shri Darshan Kumar Pahwa : Appellant 103, Mishika Tower, 28 Patel Nagar, Indore PAN : ABSPP2810N V/s DCIT-5(1), Indore : Respondent Revenue by Shri Harshit Bari, Sr.DR Assessee by Shri Girish Agrawal, Shri Vijay Bansal

DARSHAN KUMAR PAHWA,INDORE vs. DCIT CIRCLE5(1), INDORE

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2014-15

482 Goyal Nagar, Indore PAN : AAIHM5401M V/s ITO-2(1), Indore : Respondent Shivnarayan Sharma & Ors ITA Nos. 889/Ind/2018,474,206,60,987/Ind/2019 Assessment Year 2011-12 Shri Darshan Kumar Pahwa : Appellant 103, Mishika Tower, 28 Patel Nagar, Indore PAN : ABSPP2810N V/s DCIT-5(1), Indore : Respondent Revenue by Shri Harshit Bari, Sr.DR Assessee by Shri Girish Agrawal, Shri Vijay Bansal

SAPAN SHAH,INDORE vs. ACIT-4(I), INDORE

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2014-15

482 Goyal Nagar, Indore PAN : AAIHM5401M V/s ITO-2(1), Indore : Respondent Shivnarayan Sharma & Ors ITA Nos. 889/Ind/2018,474,206,60,987/Ind/2019 Assessment Year 2011-12 Shri Darshan Kumar Pahwa : Appellant 103, Mishika Tower, 28 Patel Nagar, Indore PAN : ABSPP2810N V/s DCIT-5(1), Indore : Respondent Revenue by Shri Harshit Bari, Sr.DR Assessee by Shri Girish Agrawal, Shri Vijay Bansal

PRAYANK JAIN,INDORE vs. ACIT5(1), INDORE

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2014-15

482 Goyal Nagar, Indore PAN : AAIHM5401M V/s ITO-2(1), Indore : Respondent Shivnarayan Sharma & Ors ITA Nos. 889/Ind/2018,474,206,60,987/Ind/2019 Assessment Year 2011-12 Shri Darshan Kumar Pahwa : Appellant 103, Mishika Tower, 28 Patel Nagar, Indore PAN : ABSPP2810N V/s DCIT-5(1), Indore : Respondent Revenue by Shri Harshit Bari, Sr.DR Assessee by Shri Girish Agrawal, Shri Vijay Bansal