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15 results for “section 68”+ Section 54Bclear

Sorted by relevance

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Key Topics

Section 54B15Addition to Income15Section 143(3)13Section 26313Section 143(2)8Section 271(1)(c)8Penalty8Section 687Deduction6Cash Deposit

SHRI SUKHRAM MUKATI,INDORE vs. THE ITO WD-3(3), INDORE

In the result, the appeal of Shri Sukhram Mukati and

ITA 409/IND/2014[2008-09]Status: DisposedITAT Indore22 Aug 2017AY 2008-09

Bench: Shri C.M.Garg & Shri O.P.Meenaआ.अ.सं./I.T.A No.409&410/Ind/2014 "नधा"रण वष"/Assessment Year : 2008-09

Section 143Section 54BSection 68Section 69Section 69A

54B that by holding that lands are not registered in assessee`s name. The non allowance so made being illegal and wrong, the require to be now allowed. 2. That the learned CIT (A) erred in making addition of Rs. 58, 72,000 under section 68

KUSUM YADAV,INDORE vs. ITO 1(2), INDORE

In the result, the appeal of the assessee bearing ITA No

4
Section 50C3
House Property3
ITA 518/IND/2023[2014-15]Status: DisposedITAT Indore24 Apr 2025AY 2014-15
Section 131Section 143(3)Section 2(14)(iii)Section 250Section 263Section 54BSection 68

Section 2(14)(iii). The addition\nmade, therefore may very kindly be deleted.\n4\nThat the learned CIT(A] erred in maintaining addition\nRs.20,00,000/- made u/s 68. The addition so made being illegal\nand wrong, the same may very kindly be deleted.\n5\nThat the learned CIT(A) erred in maintaining addition\nu/s 68 of Rs.20

SATYANARAYAN SHARMA,INDORE vs. PRINCIPAL COMMISSIONER OF INCOME TAX-I, INDORE

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

ITA 426/IND/2018[2013-14]Status: DisposedITAT Indore28 Dec 2020AY 2013-14

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year:2013-14

Section 143(3)Section 154oSection 2Section 263Section 54F

54B and 54F as is evident from the assessment order and the entries made in the order sheet. After due verification of the evidences and proofs placed on record and taking in to account the valuation reports by Ld. DVO and the Authorized Valuer, the Ld. AO made the addition and assessed the total income. Satyanarayan Sharma /ITANo.426/Ind/2018

SMT NAYANA JAYESH PATEL ,INDORE vs. ACIT ( OSD ) , INDORE

In the result, appeal of assessee is dismissed

ITA 100/IND/2021[2012-13]Status: DisposedITAT Indore02 Aug 2023AY 2012-13

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaninayana Jayesh Patel Pr. Cit 29/5, South Tukoganj Indore Vs. Indore (Appellant / Assessee) (Respondent/ Revenue) Pan: Afypp 2075H Assessee By Shri Sudhir Padliya, Ar Revenue By Shri P.K. Mishra, Cit-Dr Date Of Hearing 01.06.2023 Date Of Pronouncement 02 .08.2023

Section 139Section 142(1)Section 143(3)Section 147Section 148Section 263Section 50CSection 54B

54B and applicability of provision of section 50C of the Act. The assessment order is silent on these points. The provisions of section 50C are otherwise mandatory to be applied by the AO and only if the assesse raised the objection regarding the adopting of deemed full consideration as per section

SHRI SUNIL SOJATIA,INDORE vs. THE ACIT CIRCLE -2(1), INDORE

In the result, the appeal of the assessee is partly allowed

ITA 312/IND/2015[2010-11]Status: DisposedITAT Indore23 Oct 2018AY 2010-11

Bench: Shri Kul Bharat & Shri Manish Borad

Section 143(2)Section 234BSection 271(1)(c)Section 50CSection 54BSection 68

section 54B of the Act, intention of the assessee behind purchase and sale is of no consequence. We therefore, direct the A.O. allow deduction u/s 54B of the Act as claimed by the assessee, and delete the addition. 10. Ground No.5 is against confirming the addition of Rs.3,70,000/- made u/s 68

SHRI PRABHAT SOJATIA,INDORE vs. THE ACIT 2(1), INDORE

In the result, the appeal of the assessee is partly allowed

ITA 310/IND/2015[2010-11]Status: DisposedITAT Indore23 Oct 2018AY 2010-11

Bench: Shri Kul Bharat & Shri Manish Borad

Section 143(2)Section 234BSection 271(1)(c)Section 50CSection 54BSection 68

section 54B of the Act, intention of the assessee behind purchase and sale is of no consequence. We therefore, direct the A.O. allow deduction u/s 54B of the Act as claimed by the assessee, and delete the addition. 10. Ground No.5 is against confirming the addition of Rs.3,70,000/- made u/s 68

THE ACIT, CENTRAL-2, INDORE vs. M/S. CHUGH REALTY, INDORE

In the result, the appeals of the Revenue for the A

ITA 238/IND/2017[2013-14]Status: DisposedITAT Indore23 Aug 2021AY 2013-14

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad(Virtual Hearing)

section 68,69 and 69A, 69B and 69C of the said Act arises as the same has not been invoked by the Department. It is an admitted position between the parties as reflected even in the order the Assessing officer that undisclosed income was in fact received by the respondent in the course of carrying out its business activities

THE ACIT, CENTRAL-2, INDORE vs. SHRI MOHANLAL CHUGH, INDORE

In the result, the appeals of the Revenue for the A

ITA 239/IND/2017[2013-14]Status: DisposedITAT Indore23 Aug 2021AY 2013-14

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad(Virtual Hearing)

section 68,69 and 69A, 69B and 69C of the said Act arises as the same has not been invoked by the Department. It is an admitted position between the parties as reflected even in the order the Assessing officer that undisclosed income was in fact received by the respondent in the course of carrying out its business activities

THE ACIT, CENTRAL-2, INDORE vs. SHRI NITESH CHUGH, INDORE

In the result, the appeals of the Revenue for the A

ITA 122/IND/2017[2013-14]Status: DisposedITAT Indore23 Aug 2021AY 2013-14

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad(Virtual Hearing)

section 68,69 and 69A, 69B and 69C of the said Act arises as the same has not been invoked by the Department. It is an admitted position between the parties as reflected even in the order the Assessing officer that undisclosed income was in fact received by the respondent in the course of carrying out its business activities

THE DCIT-3(1), INDORE vs. SHRI VIRENDRA SINGH THAKUR, INDORE

In the result, all these cross appeals i

ITA 52/IND/2017[2012-13]Status: DisposedITAT Indore08 May 2019AY 2012-13

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13 Shri Virendra Singh Thakur Acit, 3(1) 125/126, Patnipura, Indore बनाम/ M.P. Indore Vs. (Appellant) (Revenue) Pan:Agops3983Q Assessment Year: 2012-13 Dcit-3(1) Shri Virendra Singh Thakur Indore 125/126, Patnipura, Indore बनाम/ Vs. M.P. (Revenue) (Respondent) Pan:Agops3983Q Assessment Year: 2012-13 Shri Virendra Singh Thakur Acit, 3(1) 125/126, Patnipura, Indore बनाम/ M.P. Indore Vs. (Appellant) (Revenue) Pan:Agops3983Q

Section 143(2)Section 143(3)Section 271(1)(c)Section 54B

Section 145(3) of the Act, as no 7 Virendra Singh Thakur ITANos.28 & others/Ind/2017 proper sale vouchers were maintained and fairly estimated the net profit. Hon'ble Court confirmed the view taken by the Ld. AO adopting average gross profit rate which was upheld by Ld. CIT(A) and ITAT. We therefore find merit in the finding

SHRI VIRENDRA SINGH THAKUR,INDORE vs. THE ACIT 3(1), INDORE

In the result, all these cross appeals i

ITA 28/IND/2017[2012-13]Status: DisposedITAT Indore08 May 2019AY 2012-13

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13 Shri Virendra Singh Thakur Acit, 3(1) 125/126, Patnipura, Indore बनाम/ M.P. Indore Vs. (Appellant) (Revenue) Pan:Agops3983Q Assessment Year: 2012-13 Dcit-3(1) Shri Virendra Singh Thakur Indore 125/126, Patnipura, Indore बनाम/ Vs. M.P. (Revenue) (Respondent) Pan:Agops3983Q Assessment Year: 2012-13 Shri Virendra Singh Thakur Acit, 3(1) 125/126, Patnipura, Indore बनाम/ M.P. Indore Vs. (Appellant) (Revenue) Pan:Agops3983Q

Section 143(2)Section 143(3)Section 271(1)(c)Section 54B

Section 145(3) of the Act, as no 7 Virendra Singh Thakur ITANos.28 & others/Ind/2017 proper sale vouchers were maintained and fairly estimated the net profit. Hon'ble Court confirmed the view taken by the Ld. AO adopting average gross profit rate which was upheld by Ld. CIT(A) and ITAT. We therefore find merit in the finding

SHRI VIRENDRA SINGH THAKUR,INDORE vs. THE ACIT 3(1), INDORE

In the result, all these cross appeals i

ITA 262/IND/2017[2013-14]Status: DisposedITAT Indore08 May 2019AY 2013-14

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13 Shri Virendra Singh Thakur Acit, 3(1) 125/126, Patnipura, Indore बनाम/ M.P. Indore Vs. (Appellant) (Revenue) Pan:Agops3983Q Assessment Year: 2012-13 Dcit-3(1) Shri Virendra Singh Thakur Indore 125/126, Patnipura, Indore बनाम/ Vs. M.P. (Revenue) (Respondent) Pan:Agops3983Q Assessment Year: 2012-13 Shri Virendra Singh Thakur Acit, 3(1) 125/126, Patnipura, Indore बनाम/ M.P. Indore Vs. (Appellant) (Revenue) Pan:Agops3983Q

Section 143(2)Section 143(3)Section 271(1)(c)Section 54B

Section 145(3) of the Act, as no 7 Virendra Singh Thakur ITANos.28 & others/Ind/2017 proper sale vouchers were maintained and fairly estimated the net profit. Hon'ble Court confirmed the view taken by the Ld. AO adopting average gross profit rate which was upheld by Ld. CIT(A) and ITAT. We therefore find merit in the finding

THE DCIT-3(1), INDORE vs. SHRI VIRENDRA SINGH THAKUR, INDORE

In the result, all these cross appeals i

ITA 53/IND/2017[2012-13]Status: DisposedITAT Indore08 May 2019AY 2012-13

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13 Shri Virendra Singh Thakur Acit, 3(1) 125/126, Patnipura, Indore बनाम/ M.P. Indore Vs. (Appellant) (Revenue) Pan:Agops3983Q Assessment Year: 2012-13 Dcit-3(1) Shri Virendra Singh Thakur Indore 125/126, Patnipura, Indore बनाम/ Vs. M.P. (Revenue) (Respondent) Pan:Agops3983Q Assessment Year: 2012-13 Shri Virendra Singh Thakur Acit, 3(1) 125/126, Patnipura, Indore बनाम/ M.P. Indore Vs. (Appellant) (Revenue) Pan:Agops3983Q

Section 143(2)Section 143(3)Section 271(1)(c)Section 54B

Section 145(3) of the Act, as no 7 Virendra Singh Thakur ITANos.28 & others/Ind/2017 proper sale vouchers were maintained and fairly estimated the net profit. Hon'ble Court confirmed the view taken by the Ld. AO adopting average gross profit rate which was upheld by Ld. CIT(A) and ITAT. We therefore find merit in the finding

SHRI VIRENDRA SINGH THAKUR,INDORE vs. THE ACIT 3(1), INDORE

In the result, all these cross appeals i

ITA 29/IND/2017[2012-13]Status: DisposedITAT Indore08 May 2019AY 2012-13

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13 Shri Virendra Singh Thakur Acit, 3(1) 125/126, Patnipura, Indore बनाम/ M.P. Indore Vs. (Appellant) (Revenue) Pan:Agops3983Q Assessment Year: 2012-13 Dcit-3(1) Shri Virendra Singh Thakur Indore 125/126, Patnipura, Indore बनाम/ Vs. M.P. (Revenue) (Respondent) Pan:Agops3983Q Assessment Year: 2012-13 Shri Virendra Singh Thakur Acit, 3(1) 125/126, Patnipura, Indore बनाम/ M.P. Indore Vs. (Appellant) (Revenue) Pan:Agops3983Q

Section 143(2)Section 143(3)Section 271(1)(c)Section 54B

Section 145(3) of the Act, as no 7 Virendra Singh Thakur ITANos.28 & others/Ind/2017 proper sale vouchers were maintained and fairly estimated the net profit. Hon'ble Court confirmed the view taken by the Ld. AO adopting average gross profit rate which was upheld by Ld. CIT(A) and ITAT. We therefore find merit in the finding

THE DCIT-3(1), INDORE vs. SHRI VIRENDRA SINGH THAKUR, INDORE

In the result, all these cross appeals i

ITA 253/IND/2017[2013-14]Status: DisposedITAT Indore08 May 2019AY 2013-14

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2012-13 Shri Virendra Singh Thakur Acit, 3(1) 125/126, Patnipura, Indore बनाम/ M.P. Indore Vs. (Appellant) (Revenue) Pan:Agops3983Q Assessment Year: 2012-13 Dcit-3(1) Shri Virendra Singh Thakur Indore 125/126, Patnipura, Indore बनाम/ Vs. M.P. (Revenue) (Respondent) Pan:Agops3983Q Assessment Year: 2012-13 Shri Virendra Singh Thakur Acit, 3(1) 125/126, Patnipura, Indore बनाम/ M.P. Indore Vs. (Appellant) (Revenue) Pan:Agops3983Q

Section 143(2)Section 143(3)Section 271(1)(c)Section 54B

Section 145(3) of the Act, as no 7 Virendra Singh Thakur ITANos.28 & others/Ind/2017 proper sale vouchers were maintained and fairly estimated the net profit. Hon'ble Court confirmed the view taken by the Ld. AO adopting average gross profit rate which was upheld by Ld. CIT(A) and ITAT. We therefore find merit in the finding