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

5A to section 271(1)(c), following the decision of Honourable Karnataka High Court in the case of Manjunath Cotton (Supra), it has been held that the show cause notice u/s 274 was defective as it does not spell out Keti Sangam, etc. ITA Nos. 516/2017, 603/Ind/2016 etc. the grounds on which the penalty is sought to be imposed

M/S SHIVALIKA REALITIES P LTD,INDORE vs. ITO 5(1) , INDORE

In the result of appeals of the assessee for AY 2008-09 and AY 2009-10 vide ITA no

Bench: Hon’Ble Rajpal Yadav & Shri Manish Boradvirtual Hearing Assessment Year: 2008-09 & Assessment Year: 2009-10

5a). That, without prejudice to the above, the learned CIT(A) grossly erred, both on facts and in law, in confirming the addition of Rs.1,50,00,000/- made by the AO in the appellant’s income, on account of alleged unexplained cash credit under s.68 of the Act in respect of certain unsecured loans appearing in the audited balance

M/S SHIVALIKA REALITIES P LTD,INDORE vs. ITO 5(1) , INDORE

In the result of appeals of the assessee for AY 2008-09 and AY 2009-10 vide ITA no

Bench: Hon’Ble Rajpal Yadav & Shri Manish Boradvirtual Hearing Assessment Year: 2008-09 & Assessment Year: 2009-10

5a). That, without prejudice to the above, the learned CIT(A) grossly erred, both on facts and in law, in confirming the addition of Rs.1,50,00,000/- made by the AO in the appellant’s income, on account of alleged unexplained cash credit under s.68 of the Act in respect of certain unsecured loans appearing in the audited balance

SHRIAMIT AGRAWAL,INDORE vs. THE ITO WARD 1(3), INDORE

Bench: Ms.Suchitra Kamble & Shri B.M. Biyani(Conducted Through Virtual Court) Assessment Year: 2009-10 Shri Amit Agrawal Ito, Ward-1(3) बनाम/ Indore Indore Vs. (Appellant / Assessee) (Respondent / Revenue) Pan: Abrpa 2105 L Assessee By Shri S. N. Agrawal & Pankaj Mogra, Ars Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 09.02.2023 Date Of Pronouncement 27.02.2023

5A as claimed by the society, but Shri Deepak Mishra, Manager of the Society in his statement claimed that the amount was received by the society from the assessee. The appeal of the Society against the order dated 28.02.2014 is pending before the Ld CIT[A]. Hence, the said amount of Rs 5,00,000/ is added to the income

THE ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL), UJJAIN (STATIONED AT INDORE), UJJAIN vs. M/S. JPJ EXIM (P) LTD., INDORE

In the result, appeal filed by the Revenue is hereby dismissed

reassessment order on 21.12.2018 and also initiated penalty proceedings u/s. 271(1)(c) of the Act by issuing a show cause notice. In response the assessee filed a reply dated 02.06.2019 that the assessee is a body corporate and its books of account are duly audited under the Companies Act. 3 I.T.A. No. 960/IND/2019 A.Y. 2012-13 Page No ACIT