M/S KETI SANGHAM INFRASTRUTURE (I) LIMITED,INDORE vs. DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL), INDORE

In the result, all the 12 appeals filed at the instance of

Bench: Shri Kul Bharat & Shri Manish Borad

reassessment cannot be declared as invalid in the penalty proceedings.” In the light of the above judgment we are unable to affirm the action of the authorities below. As the initiation of penalty under section 271(1)(c) vide notice 274 of the Act is not inconformity with the requirement of the law. Thus, the Penalty order

NILIMA KOTHARI,INDORE vs. THE INCOME TAX OFFICER, NATIONAL FACELESS ASSTT. CENTRE, INDORE

In the result appeal of the assessee is allowed as per terms indicated above

Bench: Shri Manish Boradsmt. Neelima Kothari, Income Tax Officer, 601, N.R.K. Villas, Delhi Vs. 22/2 Manoramaganj, Indore (Appellant / Assessee) (Respondent/ Revenue) Pan: Adnpk7832J Assessee By Shri S.S. Deshpande, Ar Revenue By Shri Ashish Porwal, Sr.Dr Date Of Hearing 08.08.2024 Date Of Pronouncement 20.09.2024

vii) New Section 148A of the Act proposes that before issuance of notice the Assessing Officer shall conduct enquiries, if required, and provide an opportunity of being heard to the assessee. After considering his reply, the Assessing Office shall decide, by passing an order, whether it is a fit case for issue of notice under section 148 and serve

M/S RADHISHWARI DEVLOPERS P LTD,INDORE vs. PR CIT -2 INDORE, INDORE

In the result, Assessee’s appeal in ITANo

Bench: Hon’Ble Rajpal Yadav & Hon’Ble Manish Boradvirtual Hearing Assessment Year 2013-14 M/S. Radhishwari Developers P. Ltd. (Now Known As R.C. Warehousing Pvt. Ltd. ) Indore : Appellant Pan :Aafcr1916A V/S Pr. Cito-2 : Respondent Indore Appellant By S/Shri Sumit Nema Sr. Adv. With Gagan Tiwari & Piyush Parashar Advs. Revenue By Shri S.S. Mantri, Cit-Dr Date Of Hearing 24.05.2021 Date Of Pronouncement 20.07.2021

reassessment by invoking the provisions of section 263 may kindly be dropped. Without prejudice to the above as far as merit of the issues reaised in show-cause notice in question are concerned, we have to submit that the learned Assessing Officer has issued notices u/s 133(6) in loan creditor companies (supra). That after getting the requisite details

ACIT (CENTRAL UJJAIN, UJJAIN vs. M/S ARIHANT FUTURE AND COMMODITIES LTD, INDORE

Bench: Shri Mahavir Prasad, Judicialmember & Shri Manish Boradvirtual Hearing &

56,102/- incurred during the year under consideration which is prayed to be now allowed. M/s Arihant Future and Commodities Ltd., Indore ITANo.374/Ind/2019 & others 7. That the appellant craves leave to add, to alter, amend, modify, substitute, delete and/or rescind all or any of the grounds of appeal. As the issues raised in these appeals are mostly common and relate

THE ACIT ,CENTRAL-UJJAIN, INDORE vs. M/S ARIHANT CAPITALS MARKETS LTD , INDORE

Bench: Shri Mahavir Prasad, Judicialmember & Shri Manish Boradvirtual Hearing &

56,102/- incurred during the year under consideration which is prayed to be now allowed. M/s Arihant Future and Commodities Ltd., Indore ITANo.374/Ind/2019 & others 7. That the appellant craves leave to add, to alter, amend, modify, substitute, delete and/or rescind all or any of the grounds of appeal. As the issues raised in these appeals are mostly common and relate

THE ACIT, CENTRAL - UJJAIN, INDORE vs. M/S ARIHANT FUTURE & COMMADITIES LTD , INDORE

Bench: Shri Mahavir Prasad, Judicialmember & Shri Manish Boradvirtual Hearing &

56,102/- incurred during the year under consideration which is prayed to be now allowed. M/s Arihant Future and Commodities Ltd., Indore ITANo.374/Ind/2019 & others 7. That the appellant craves leave to add, to alter, amend, modify, substitute, delete and/or rescind all or any of the grounds of appeal. As the issues raised in these appeals are mostly common and relate

THE ACIT, CIRCLE 2(1), INDORE vs. M/S SURYA INFRA VENTURE PVT. LTD., INDORE

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

56,045/-. The Ld. AO during the course of reassessment proceedings made additions of Rs. 3,75,50,000/- and Rs. 7,42,880/- to the total income of the assessee on account of amount received from M/s Guna Sheopur Pathways Private Limited (hereinafter referred to as ‘GSPPL’) by treating it as income of the assessee and on account

THE ACIT, CENTRAL-1, INDORE vs. M/S SURYA INFRA VENTURE PVT. LTD., INDORE

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

56,045/-. The Ld. AO during the course of reassessment proceedings made additions of Rs. 3,75,50,000/- and Rs. 7,42,880/- to the total income of the assessee on account of amount received from M/s Guna Sheopur Pathways Private Limited (hereinafter referred to as ‘GSPPL’) by treating it as income of the assessee and on account

THE AIT,ENTRAL-1, INDORE vs. SURYA INFRAVENTURE P LTD, INDORE

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

56,045/-. The Ld. AO during the course of reassessment proceedings made additions of Rs. 3,75,50,000/- and Rs. 7,42,880/- to the total income of the assessee on account of amount received from M/s Guna Sheopur Pathways Private Limited (hereinafter referred to as ‘GSPPL’) by treating it as income of the assessee and on account

DYPUTI COMMISSIONER OF INCOME TAX (CENTRAL)-1, INDORE, INDORE vs. M/S PUMARTH INFRASTRUCTURE PVT. LTD. , INDORE

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

56,50,000 e. 1 to 6 f.Pumarth Infrastructure f.4,08,00,000 f. 4 to 8 Pvt.Ltd 4. Income Sumati Kumar 2013-14 Rs.13,61,94,600 2 to 4 received in cash Kasliwal Rs.58,40,000 by Sumati Rs.26,77,469 Kumar Kasliwal 5. Share Capital Pumarth 2012-13 & Rs.13,60,00,000 A Y 2012-13 Infrastructure

SHRIMATI SHARDA KASLIWAL,INDORE vs. ASSISTANT COMMISSIONER OF INCOME TAX- CENTRAL (I), INDORE, INDORE

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

56,50,000 e. 1 to 6 f.Pumarth Infrastructure f.4,08,00,000 f. 4 to 8 Pvt.Ltd 4. Income Sumati Kumar 2013-14 Rs.13,61,94,600 2 to 4 received in cash Kasliwal Rs.58,40,000 by Sumati Rs.26,77,469 Kumar Kasliwal 5. Share Capital Pumarth 2012-13 & Rs.13,60,00,000 A Y 2012-13 Infrastructure

SUMATI KUMAR KASLIWAL,INDORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, (CENTRAL)-1, INDORE, INDORE

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

56,50,000 e. 1 to 6 f.Pumarth Infrastructure f.4,08,00,000 f. 4 to 8 Pvt.Ltd 4. Income Sumati Kumar 2013-14 Rs.13,61,94,600 2 to 4 received in cash Kasliwal Rs.58,40,000 by Sumati Rs.26,77,469 Kumar Kasliwal 5. Share Capital Pumarth 2012-13 & Rs.13,60,00,000 A Y 2012-13 Infrastructure

PARTH KASLIWAL,INDORE vs. ASSISTANT COMMISSIONER OF INCOME TAX- CENTRAL (I), INDORE , INDORE

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

56,50,000 e. 1 to 6 f.Pumarth Infrastructure f.4,08,00,000 f. 4 to 8 Pvt.Ltd 4. Income Sumati Kumar 2013-14 Rs.13,61,94,600 2 to 4 received in cash Kasliwal Rs.58,40,000 by Sumati Rs.26,77,469 Kumar Kasliwal 5. Share Capital Pumarth 2012-13 & Rs.13,60,00,000 A Y 2012-13 Infrastructure

M/S NISHANT FINANCE PVT.LTD,INDORE vs. ASSISTANT COMMISSIONER OF INCOME TAX-CENTRAL (I), INDORE, INDORE

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

56,50,000 e. 1 to 6 f.Pumarth Infrastructure f.4,08,00,000 f. 4 to 8 Pvt.Ltd 4. Income Sumati Kumar 2013-14 Rs.13,61,94,600 2 to 4 received in cash Kasliwal Rs.58,40,000 by Sumati Rs.26,77,469 Kumar Kasliwal 5. Share Capital Pumarth 2012-13 & Rs.13,60,00,000 A Y 2012-13 Infrastructure

MANOJ KASLIWAL,INDORE vs. ASSISTANT COMMISSIONER OF INCOME TAX- CENTRAL (1), INDORE, INDORE

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

56,50,000 e. 1 to 6 f.Pumarth Infrastructure f.4,08,00,000 f. 4 to 8 Pvt.Ltd 4. Income Sumati Kumar 2013-14 Rs.13,61,94,600 2 to 4 received in cash Kasliwal Rs.58,40,000 by Sumati Rs.26,77,469 Kumar Kasliwal 5. Share Capital Pumarth 2012-13 & Rs.13,60,00,000 A Y 2012-13 Infrastructure

M/S PUMARTH INFRASTRUCTURE PVT.LTD.,INDORE vs. ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL)-1, INDORE, INDORE

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

56,50,000 e. 1 to 6 f.Pumarth Infrastructure f.4,08,00,000 f. 4 to 8 Pvt.Ltd 4. Income Sumati Kumar 2013-14 Rs.13,61,94,600 2 to 4 received in cash Kasliwal Rs.58,40,000 by Sumati Rs.26,77,469 Kumar Kasliwal 5. Share Capital Pumarth 2012-13 & Rs.13,60,00,000 A Y 2012-13 Infrastructure

SANYA DHANANI,INDORE vs. INCOME TAX OFFICER 1(4), INDORE

In the result the \"Impugned order” is upheld as the same\nhas set aside the “impugned assessment order” and has\nremanded the matter back to the file of Ld

1,99,15,600/- under Section 56(2)(vii)(C). The assessee contended that the reassessment proceedings were bad in law due to the lack

ACIT (CENTRAL)-2, BHOPAL, BHOPAL vs. HARIOM PROPERTIES, BHOPAL

Appeal is dismissed

reassess taking into consideration the other\nmaterial in respect of completed assessments/unabated assessments?\n3) Whether on the facts and on the circumstances of the case and in law, the Ld.\nCIT(A) was justified in deleting the addition of Rs. 20,93,106/- made by the AO on\naccount of disallowance of interest expenses without appreciating:\na) the facts