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

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

section 14A of Rs. 5,01,070/- and made remark for the same that this should be disallowed; and that, the assessee has filed and relied upon the said audit report, thus, clearly justifying the nature of addition made by the Assessing Officer u/s 14A of the Income Tax Act, 1961. 5. On the facts and in the circumstances

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

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

section 14A of Rs. 5,01,070/- and made remark for the same that this should be disallowed; and that, the assessee has filed and relied upon the said audit report, thus, clearly justifying the nature of addition made by the Assessing Officer u/s 14A of the Income Tax Act, 1961. 5. On the facts and in the circumstances

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

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

section 14A of Rs. 5,01,070/- and made remark for the same that this should be disallowed; and that, the assessee has filed and relied upon the said audit report, thus, clearly justifying the nature of addition made by the Assessing Officer u/s 14A of the Income Tax Act, 1961. 5. On the facts and in the circumstances

DY. CIT -1(1), INDORE vs. M/S. AGRAWAL TRANSPORT CORPORATION (P) LTD., INDORE

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Boradassessment Year 2010-11

reassessment proceedings were wrong on the facts and in the circumstances of the case and in law in the absence of any tangible material and live link of escapement of income, merely on surmises and conjectures and also tantamounted to change of opinion. 5.That on the facts and in the circumstances of the case the Learned CITCA) erred

THE DCIT1(1), INDORE vs. M/S. AVILABLE FINANCE LTD., INDORE

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Boradassessment Year 2010-11

reassessment proceedings were wrong on the facts and in the circumstances of the case and in law in the absence of any tangible material and live link of escapement of income, merely on surmises and conjectures and also tantamounted to change of opinion. 5.That on the facts and in the circumstances of the case the Learned CITCA) erred

M/S AD-MANUM FINANCE LTD.,INDORE vs. THEDCIT 1(1) , INDORE, INDORE

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Boradassessment Year 2010-11

reassessment proceedings were wrong on the facts and in the circumstances of the case and in law in the absence of any tangible material and live link of escapement of income, merely on surmises and conjectures and also tantamounted to change of opinion. 5.That on the facts and in the circumstances of the case the Learned CITCA) erred

SARWAR MOHD. KHAN,BHOPAL vs. ASSISTANT COMMISSIONER OF INCOME TAX 2 (1), BHOPAL

Appeal of the assessee is allowed on legal ground itself

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Boradassessment Year 2008-09

147 of the Act Ld. A.O also categorically observed that the assessee’s non compliance to the provisions of Section 54F of the Act by withdrawing an amount of Rs.26,00,000/- before the expiry of time provided in Section 54F of the Act is no more in dispute as the assessee has offered it to tax in the Income

THE ACIT, 1(1), BHOPAL vs. M/S. SANWARIA AGRO OILS LIMITED, BHOPAL

In the result, the appeal of the revenue is partly allowed for

Bench: Shri C.M. Garg & Shri O.P. Meena

u/s 147 read with section 143(3) of the Income Tax Act, 1961 (in short ‘the Act’) and ITA No. 80/Ind/2010 and CO No. 3/Ind/2010 were also pertaining to the assessment year 2006-07 which arose from the assessment order dated 16.12.2008 passed under section 143(3) of the Act and there is no substantial change in the facts

THE ACIT 4(1), INDORE vs. M/S SUYASH EXIM P LTD , INDORE

Accordingly, departmental grounds with regard to addition of Rs.1,81,847/- are dismissed

Bench: Shri Mahavir Prasad & Shri Manish Borad(Virtual Hearing) Assessment Year: 2011-12

Reassessment Notice -Transfer Pricing-Draft assessment order Draft assessment order passed without disposing of objections filed 7 Suyash Exim ITA 356 of 2020 and CO 19 of 2021 by assessee to reasons for reopening assessment- Unsustainable - Income Tax Act, 1961, section 147.” 8. We find that during the year under consideration, the assessee was engaged in the business of trading