M/S. SHEETU EDUCATIONAL SERVICES P LTD.,INDORE vs. THE DCIT 5(1) RANGE-5, INDORE

In the result, all the appeals of the assessee for assessment year 2005-06 to 2010-11 are partly allowed as per our

Bench: Shri D.T. Garasia & Shri O.P. Meena

147 ( S. C.). (vii) CIT vs. Sheri Atul Kumar Swami, 362 ITR 693 (Del) (viii) Tara Chand Jain, I.T.A.No. 2282/Kol/2014 ( I.T.A.T. Kol.) (ix) Gas & Power Investment Co., (Appeal No. I.T.A.No. 1118/Mum/2014 dated 5.2.2016 ( I.T.A.T. Mum.) 9. The ld. Authorized Representative of the assessee further contended that the above reasons were recorded by the AO on the basis of Balance Sheet

M/S. SHEETU EDUCATIONAL SERVICES P. LTD.,INDORE vs. THE DCIT 5(1), INDORE

In the result, all the appeals of the assessee for assessment year 2005-06 to 2010-11 are partly allowed as per our

Bench: Shri D.T. Garasia & Shri O.P. Meena

147 ( S. C.). (vii) CIT vs. Sheri Atul Kumar Swami, 362 ITR 693 (Del) (viii) Tara Chand Jain, I.T.A.No. 2282/Kol/2014 ( I.T.A.T. Kol.) (ix) Gas & Power Investment Co., (Appeal No. I.T.A.No. 1118/Mum/2014 dated 5.2.2016 ( I.T.A.T. Mum.) 9. The ld. Authorized Representative of the assessee further contended that the above reasons were recorded by the AO on the basis of Balance Sheet

M/S. SHEETU EDUCATIONAL SERVICES P. LTD.,INDORE vs. THE DCIT 5(1), INDORE

In the result, all the appeals of the assessee for assessment year 2005-06 to 2010-11 are partly allowed as per our

Bench: Shri D.T. Garasia & Shri O.P. Meena

147 ( S. C.). (vii) CIT vs. Sheri Atul Kumar Swami, 362 ITR 693 (Del) (viii) Tara Chand Jain, I.T.A.No. 2282/Kol/2014 ( I.T.A.T. Kol.) (ix) Gas & Power Investment Co., (Appeal No. I.T.A.No. 1118/Mum/2014 dated 5.2.2016 ( I.T.A.T. Mum.) 9. The ld. Authorized Representative of the assessee further contended that the above reasons were recorded by the AO on the basis of Balance Sheet

RAJESH KUMAR RATHORE,SEHORE vs. INCOME TAX OFFICER- WARD 5, SEHORE, SEHORE

Bench: Shri B.M. Biyani & Shri Paresh M Joshi

250 of the Act, which is herein after referred to as the “Impugned order”. The relevant assessment year is 2018-19 and the corresponding previous year period is from 01.04.2017 to 31.03.2018. 2. Factual Matrix 2.1 That as and by way of an Assessment order" made u/s 147 r.w.s. 144/144B of the Act, the total income of the assessee

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

250 2,00,27,787 & Services PL 23 Concert AABCC9445K 1,40,70,000 9,99,93,410 Tradelink P 39 Surya Infraventure ITA 216 of 2021 and others Ltd 8. It is quite evident from the CIT(A)’s reasoning, that the materials clearly pointed to the share applicants’ possessing substantial means to invest in the assessee

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

250 2,00,27,787 & Services PL 23 Concert AABCC9445K 1,40,70,000 9,99,93,410 Tradelink P 39 Surya Infraventure ITA 216 of 2021 and others Ltd 8. It is quite evident from the CIT(A)’s reasoning, that the materials clearly pointed to the share applicants’ possessing substantial means to invest in the assessee

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

250 2,00,27,787 & Services PL 23 Concert AABCC9445K 1,40,70,000 9,99,93,410 Tradelink P 39 Surya Infraventure ITA 216 of 2021 and others Ltd 8. It is quite evident from the CIT(A)’s reasoning, that the materials clearly pointed to the share applicants’ possessing substantial means to invest in the assessee

SHRI ARVIND KUMAR SINGH ,BHOPAL vs. THE PR CIT-1, BHOPAL

In the result, the appeal filed by the assessee is allowed

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

u/s 147 r.w.s. 143(3) dated 27.12.2017 has been considered to be erroneous in so far as it is prejudicial to the interest of revenue for the following reasons: "On perusal of the assessment order and case records, it is noticed that the assesses made cash deposits of amount of Rs.43,91,275/- and claimed this amount as cash sales

SHRI ARVIND KUMAR SINGH ,BHOPAL vs. THE PR CIT-1, BHOPAL

In the result, the appeal filed by the assessee is allowed

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

u/s 147 r.w.s. 143(3) dated 27.12.2017 has been considered to be erroneous in so far as it is prejudicial to the interest of revenue for the following reasons: "On perusal of the assessment order and case records, it is noticed that the assesses made cash deposits of amount of Rs.43,91,275/- and claimed this amount as cash sales

SHRI ARVIND KUMAR SINGH ,BHOPAL vs. THE PR CIT-1, BHOPAL

In the result, the appeal filed by the assessee is allowed

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

u/s 147 r.w.s. 143(3) dated 27.12.2017 has been considered to be erroneous in so far as it is prejudicial to the interest of revenue for the following reasons: "On perusal of the assessment order and case records, it is noticed that the assesses made cash deposits of amount of Rs.43,91,275/- and claimed this amount as cash sales

SHRI ARVIND KUMAR SINGH ,BHOPAL vs. THE PR CIT-1, BHOPAL

In the result, the appeal filed by the assessee is allowed

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

u/s 147 r.w.s. 143(3) dated 27.12.2017 has been considered to be erroneous in so far as it is prejudicial to the interest of revenue for the following reasons: "On perusal of the assessment order and case records, it is noticed that the assesses made cash deposits of amount of Rs.43,91,275/- and claimed this amount as cash sales

MAHENDRA KUMAR VERMA,INDORE vs. ITO-4(1), INDORE, INDORE

Bench: Smt. Annapurna Gupta & Shri Paresh M Joshiआयकर अपील सं./I.T.A. No. 482/Ind/2024 (िनधा"रण वष" / Assessment Year : 2013-14) बनाम/ Mahendra Kumar Verma Ito-4(1) Flat No.301, Classic Indore Vs. Dream, 5-6, Paliwal Nagar, Indore (M.P.) -452011 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Acspv2701P (Appellant) .. (Respondent) अपीलाथ" ओर से /Appellant By : Shri S. N. Agrawal & Shri Pankaj Mongra, A.Rs. ""यथ" क" ओर से/Respondent By : Shri Ashish Porwal, Sr.Dr 17/04/2025 Date Of Hearing Date Of Pronouncement 24/06/2025

250 of the Income Tax Act, 1961 (hereinafter referred to as the “Act”) and relates to Assessment Year (A.Y.) 2013-14. ITA No. 482/Ind/2024 [Mahendra Kumar Verma vs. ITO] A.Y. 2013-14 - 2 – 2. The grounds raised in the appeal by the assessee are as under: “1. That on the facts and in the circumstances of the case

GOUTAM MEDICOSE,DHAR vs. PARTNER OF ERSTWHILE FIRM, DHAR

Bench: Shri B.M. Biyani & Shri Dinesh Mohan Sinha

250 on 02.08.2024 confirming the order passed by Ld. AO u/s 147 r.w.s 144B on 13.03.2023 is bad in law and bad on facts. 2. On the facts and circumstances and in the law, the Ld. AO lacked jurisdiction to issue notices for reassessment and pass assessment order for an non-existing partnership firm which may please be held

GOUTAM MEDICOSE,DHAR vs. ITO, DHAR

Bench: Shri B.M. Biyani & Shri Dinesh Mohan Sinha

250 on 02.08.2024 confirming the order passed by Ld. AO u/s 147 r.w.s 144B on 13.03.2023 is bad in law and bad on facts. 2. On the facts and circumstances and in the law, the Ld. AO lacked jurisdiction to issue notices for reassessment and pass assessment order for an non-existing partnership firm which may please be held

PARAMETRIC TRADING PRIVATE LIMITED,MUMBAI vs. ACIT, CIRCLE-4(1), INDORE, INDORE

In the result, the appeal of assessee is allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanim/S.Parametric Trading A.C.I.T., Pvt.Ltd., Circle 4(1), 205, Sujata Chambers, 2Nd Indore. Floor, Abhichand Gandhi Vs. Marg,Off Katha Bazar Masjid (W), Mumbai (Appellant / Assessee) (Respondent/ Revenue) Pan: Aagca4207J Assessee By Shri Vijay Mehta & Shri Shailesh Parmar, Ca Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 12.05.2023 Date Of Pronouncement 12.06.2023

250/- calculated @ 5% of Rs. 62,25,000/- being sale consideration of shares of Well Pack Paper and Container Limited. Page 2 of 25 Prametric Trading Co.P.Ltd.,Indore 3 A.Y.2011-12 (v) The CIT(A) has erred in not holding that the AO ought to have started the computation of total income with income as per order giving effect

RITIKA JAIN,THANE vs. ITO(IT TP), BHOPAL, AAYKAR BHAVAN

Appeal of the assessee is allowed for statistical purpose

Bench: Smt. Annapurna Gupta & Shri Paresh M Joshiritika Jain, Cit (Appeals), बना A-504, Laxmi Residency Chs Nfac, म/ Ltd, Delhi Vs. Opposite Datta Mandir Check Naka, Wagle Estate, Thane

147 r.w.s. 144 of the ACT and therefore, there is no obligation of payment of advance tax as per Clause(b) of Section 249(4) as held by the Page 11 of 18 Ritika Jain ITA No. 632/Ind/2024 - A.Y.2015-16 Mumbai Benches of the Tribunal in case of M/s. Nine Globe Industries Pvt. Ltd Vs. ACIT (supra) in para

GIRIRAJIJI RAGHUNANDAN SHIKSHA PRASAR AND VIKAS SAMITI ,INDORE vs. ITO ( EXEMPTION), BHOPAL

The appeal of the assessee is allowed for statistical

Bench: Shri Vijay Pal Rao & Shrib.M. Biyaniassessment Year : 2009-10 Shri Girirajji Income-Tax Officer Raghunandan Shiksha (Exemption), Prasar & Vikas Samiti, Bhopal बनाम/ 45, Vaishali Nagar, Vs. Kotra Sultanabad, Bhopal (Assessee/Appellant) (Revenue/Respondent) Pan: Aaba59632G Assessee By Shri S.N.Agrawal, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 12.02.2024 Date Of Pronouncement 13.02.2024

250 of the Act in the case of the appellant for assessment year 2009-10 without considering the submissions filed by the appellant physically before the Ld. CIT(A)-2, Bhopal. (ii) That on the facts and in the circumstances of the case and in law, the Ld. AO erred in initiating reassessment proceedings u/s 147 Page

MOHD HUSSAIN KAGDI,RATLAM vs. THE IT&TP, BHOPAL

Appeal is allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year:2011-12 Mohd. Hussain Kagdi, Ito (I.T. & T.P.), 15, Tripoliya Gate, Bhopal बनाम/ Ratlam Vs. (Appellant/Assessee) (Respondent/Revenue) Pan: Atzpk 4811 B Assessee By Shri Rajesh Mehta, Ca & Shri Apurva Mehta, Ca Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 04.01.2024 Date Of Pronouncement 05.02.2024

reassessment proceedings are liable to be quashed.” 2. This is a re-called matter. Originally, this appeal was decided by ITAT, Indore Bench through order dated 12.01.2023. Subsequently, the Respondent/Revenue filed M.A. No. 30/Ind/2023 requesting for recalling of order in terms of Section 254(2) of the Act. The said M.A. was decided vide order dated 28.11.2023 wherein the original