M/S. RISHIRAJ K.M.B. EDUCATION SOCIETY,BHOPAL vs. THE CIT, BHOPAL

In the result, the appeal filed by the assessee is

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: Na

E R PER KUL BHARAT, J.M: This appeal is filed by the assessee against the order of Commissioner of Income Tax (appeals), Bhopal, dated 29.04.2014. The assessee has raised following grounds of appeal: 1. That on the facts and in the circumstances of the case of the assessee the Ld. CIT has not justified in holding that the activities

CHIRAYU CHARITABLE FOUNDATION,BHOPAL vs. PCIT (CENTRAL), BHOPAL

In the result appeal of the assessee stands allowed

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradchirayu Charitable Pcit (Central), Foundation,Bhopal Indore Bhopal Highway, Bhaisakhedi, Vs. Bhopal (Appellant) (Revenue ) Pan No.Aaaac3656P Revenue By Shri S.S. Mantri, Cit Appellant By S/Shri Sumit Nema, Sr. Advocate, Gagan Tiwari & Piyush Parashar, Advs Date Of Hearing 05.01.2021 Date Of Pronouncement .02.2021 O R D E R Per Manish Borad, Am.

section 13 is for the assessment of income while granting the exemption of deduction u/s. 11 & 12 of the Act and it is not for the purpose of the cancellation of registration u/s.12AA(3) of the Act. In support of it reliance is placed on following decisions:- (i) Hon’ble Karnataka High Court in the case

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

E R PER BENCH This bunch of departmental appeals and COs filed by the present assessee is directed against the different orders of Learned CIT(A)-3, Bhopal 2 Surya Infraventure ITA 216 of 2021 and others passed on 20.08.2021, 16.08.2021 & 16.08.2021, respectively. At first, we shall take up the departmental appeal for the Assessment Year 2010-11 bearing

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

E R PER BENCH This bunch of departmental appeals and COs filed by the present assessee is directed against the different orders of Learned CIT(A)-3, Bhopal 2 Surya Infraventure ITA 216 of 2021 and others passed on 20.08.2021, 16.08.2021 & 16.08.2021, respectively. At first, we shall take up the departmental appeal for the Assessment Year 2010-11 bearing

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

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

E R PER BENCH This bunch of departmental appeals and COs filed by the present assessee is directed against the different orders of Learned CIT(A)-3, Bhopal 2 Surya Infraventure ITA 216 of 2021 and others passed on 20.08.2021, 16.08.2021 & 16.08.2021, respectively. At first, we shall take up the departmental appeal for the Assessment Year 2010-11 bearing

THE DCIT, 2(1), INDORE vs. SHRI KESHAV KUMAR NACHANI, INDORE

In the result, all the appeals of the Revenue are dismissed

Bench: Smt. Madhumita Roy & Shri Bhagirath Mal Biyani

13. These parties were simply accommodation entry providers and the alleged loans were given in the guise of unsecured loan/share application money. The assessee has accordingly claimed interest expenses of Rs.2,36,839/- and 10,697/-, which were denied by the AO on the ground the alleged unsecured loans were not genuine, and accordingly added to his income under section

THE DCIT, 2(1), INDORE vs. SHRI KESHAV KUMAR NACHANI, INDORE

In the result, all the appeals of the Revenue are dismissed

Bench: Smt. Madhumita Roy & Shri Bhagirath Mal Biyani

13. These parties were simply accommodation entry providers and the alleged loans were given in the guise of unsecured loan/share application money. The assessee has accordingly claimed interest expenses of Rs.2,36,839/- and 10,697/-, which were denied by the AO on the ground the alleged unsecured loans were not genuine, and accordingly added to his income under section

JCIT(OSD),-2(1),INDORE, INDORE vs. SHRI KESHAV KUMAR NACHANI, INDORE

In the result, all the appeals of the Revenue are dismissed

Bench: Smt. Madhumita Roy & Shri Bhagirath Mal Biyani

13. These parties were simply accommodation entry providers and the alleged loans were given in the guise of unsecured loan/share application money. The assessee has accordingly claimed interest expenses of Rs.2,36,839/- and 10,697/-, which were denied by the AO on the ground the alleged unsecured loans were not genuine, and accordingly added to his income under section

ACIT CIRCLE 1(1), UJJAIN vs. A ONE ENCLAVE, UJJAIN

In the result, grounds taken by Revenue are dismissed

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradassessment Year 2012-13 Acit, Circle-1(1), V/S M/S. A One Enclave, Ujjain 3687/1, Hariphatak Road, Ujjain

3 A One Enclave the depreciation, interest and remuneration to partners totaling to Rs.91,75,248/-. Ld. CIT(A) allowed the assessee’s appeal thereby giving detailed finding of fact and placing reliance on various judgments and also taking note that the amendment in the statue by way of inserting Section 115BBE of the Act was brought into effect

DCIT (CENTRAL)-2, INDORE vs. PUNJAB RETAIL (P) LTD., INDORE

In the result, the appeals filed by the Revenue is dismissed

Bench: Shri Manish Borad& Ms. Madhumita Roy

E R PER Ms. MADHUMITA ROY - JM: The instant appeal filed by the Revenue is directed against the order dated 26.03.2019 passed by the Ld. CIT(A)-3, Bhopal (M.P.) arising out of the order dated 31.12.2018 passed by the DCIT, Central-2, Indore under Section under Section 143(3) of the Income Tax Act, 1961 (hereinafter referred

M/S SUPREMO INDIA LTD ,INDORE vs. THE AIT CENTRAL 3, INDORE

In the result, appeal of assessee is allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanim/S. Supremo India Pvt. Ltd. Acit Central-3 400/2, Halka Patwari No.52 Indore Vs. Badiakeema Dudhiya, B.O. Indore (Appellant / Assessee) (Respondent/ Revenue) Pan: Aafcs 9822 C Assessee By Shri S.S. Solanki, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 01.05.2023 Date Of Pronouncement 07.06.2023

3. DCIT vs. Shri Krishna Kumar Verma in ITANo.185/Ind/2020, ITAT, Indore 4.DCIT vs. M/s. Punjab Retail Pvt. Ltd. ITANo.677/Ind/2019 ITAT, Indore 5.Gandhir Ram vs. Pr. CIT ITANo.121/Chd/2021, ITAT, Chandigarh 6. ACIT vs. M/s Signature Builders IT(SS) ANo.184 to 186/Ind/2018, ITAT, Indore 4. On the other hand, Ld. DR has submitted that the assessee itself has declared the excess stock

M/S NIKHIL ESTATE P LTD,INDORE vs. THE ACIT CENTRAL CIRCLE (3) INDORE, INDORE

In the result, appeal of assessee is allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanim/S. Nikhil Estate Pvt. Ltd. Acit (Central)-3 M-102, Mezzanine, Floor, Indore Dhan Trident, P. No.B-3 Pu- Vs. 4, Sch. No.54, Vijay Nagar Square, Indore (Appellant / Assessee) (Respondent/ Revenue) Pan: Aabcn 8056 D Assessee By Shri S.S. Solanki, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 01.05.2023 Date Of Pronouncement 09.06.2023

3). DCIT vs. Shri Krishna Kumar Verma in ITANo.185/Ind/2020, ITAT, Indore (4).DCIT vs. M/s. Punjab Retail Pvt. Ltd. ITANo.677/Ind/2019 ITAT, Indore (5).Gandhir Ram vs. Pr. CIT ITANo.121/Chd/2021, ITAT, Chandigarh (6). ACIT vs. M/s Signature Builders IT(SS) ANo.184 to 186/Ind/2018, ITAT, Indore 4. On the other hand, Ld. DR has submitted that even if the assesse has recorded

THE ACIT, 4(1), INDORE vs. SHRI SANJAY LUNAWAT, INDORE

Bench: Shri Rajpal Yadav, Vice- & Shri Manish Boradvirtual Hearing Assessment Year 2010-11

E R PER MANISH BORAD, A.M The above captioned appeal & Cross-objection for Assessment Year 2010-11 are directed against the orders of Ld. Commissioner of Income Tax(Appeals)-II (in short ‘Ld. CIT(A)], Indore dated 15.1.2018 which is arising out of the order u/s 143(3) of the Income Tax Act 1961(In short the ‘Act’) dated

ACIT 5 (1), BHOPAL vs. M/S VINDHYA SOLVENT PVT. LTD., BHOPAL

In the result, Revenue’s appeal is dismissed

Bench: Ms. Madhumita Roy& Shri Bhagirath Mal Biyani

E R PER Ms. MADHUMITA ROY - JM: The instant appeal filed by the Revenue is directed against the order dated 15.02.2018 passed by the Commissioner of Income Tax (Appeals)-2, Bhopal (in short ‘CIT(A)’), arising out of the assessment order dated 28.12.2016 passed by the DCIT-5(1), Bhopal under Section 143(3)of the ITA No.281/Ind/2018 (ACIT

BARKHA KHANDELWAL,AGGRIEVED ASSESSEE,INDORE vs. INCOME TAX OFFICER-3(1),INDORE, INDORE

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanismt. Barkha Khandelwal Ito -3(1) Aggrieved Assesse Indore 1108, Pinnacle D Dreams, Tower -1 Vs. Near Bhawan Prominent School Pipliyakumar, Indore (Appellant / Assessee) (Respondent/ Revenue) Pan: Ajnpk4150B Assessee By Shri Rakesh Gupta, Ar Revenue By Shri Ram Kumar Yadav, Cit-Dr Date Of Hearing 12.09.2024 Date Of Pronouncement 20 .09.2024

68, is bad in law and against the facts and circumstances of the case and the same is not sustainable on various legal and factual grounds. Page 3 of 13 ITANo.85/Ind/2024 Barkha Khandelwal 13. That having regard to the facts and circumstances of the case, Ld. CIT(A) has erred in law and on facts in not reversing the action

SMT. ARCHANA CHANDAK,INDORE vs. ITO 3(2), INDORE

In the result, assessee’s appeal isallowed

Bench: Ms. Madhumita Roy& Shri Bhagirath Mal Biyani

E R PER Ms. MADHUMITA ROY - JM: The instant appeal filed by the assessee is directed against the order dated 03.10.2019 passed by the Ld.Commissioner of Income Tax (Appeals), Indore (in short ‘CIT(A)’),arising out of the order dated 28.12.2017passed by the Income Tax Officer-3(2), Indoreunder section 143(3)/147of the Income

M/S CENTURY 21 MALLS P. LTD.,INDORE vs. THE ACIT 2(1), INDORE

In the result, all appeals of the Revenue are dismissed, while all appeals of the assessee are allowed

Bench: Smt. Madhumita Roy & Shri Bhagirath Mal Biyani

E R PER BENCH: These are cross-appeals by the Revenue and assessee against respective orders of the ld.Commissioner of Income-tax (Appeals)-1, Indore. The details of orders of the ld.CIT(A) which are under Century 21 Malls P.Ltd Vs. ACIT (Indore Bench) – (9 Cross-Appeals) 2 challenge by the Revenue as well as the assessee before

THE DCIT, 2(1), INDORE vs. M/S. CENTURE 21 MALL PVT. LTD., INDORE

In the result, all appeals of the Revenue are dismissed, while all appeals of the assessee are allowed

Bench: Smt. Madhumita Roy & Shri Bhagirath Mal Biyani

E R PER BENCH: These are cross-appeals by the Revenue and assessee against respective orders of the ld.Commissioner of Income-tax (Appeals)-1, Indore. The details of orders of the ld.CIT(A) which are under Century 21 Malls P.Ltd Vs. ACIT (Indore Bench) – (9 Cross-Appeals) 2 challenge by the Revenue as well as the assessee before