GOUR ROAD TAR COAT PRIVATE LIMITED, ,JABALPUR vs. ACIT CIRCLE 2(1), JABALPUR

In the result, the appeal of the assesse is dismissed

Bench: Dr. B. R. R. Kumarsh. Yogesh Kumar Us

disallowing the amount of employee contribution towards EFP and ESI. Assessee has deducted amount of employee contribution of EPF and ESI from salary on monthly basis and paid the amount after the due date as fixed by the concerning departments. Assessee has filed his return under section 139(1) and paid this amount before filing ITR i.e. assessee has filed

SHRI GOVIND SINGH, REWA vs. INCOME TAX OFFICER,WARD-1,, SATNA

In the result, the appeal of the assesse is dismissed

Bench: Dr. B. R. R. Kumarsh. Yogesh Kumar Us

5. The Id. CIT (A) NFAC erred and confirming addition made by 2 Govind Singh A.O. CPC at Rs. 4,21,253/-in respect to employees contribution to EPF and Rs. 24,173/- for belated payment of employees contribution to ESIC; especially when; they are paid on the due date for instance due date falling for the month of July

M/S RPJ MINERALS PVT. LTD ,MAIHAR vs. INCOME TAX OFFICER, WARD -1,SATNA, SATNA

43,820/-. During the course of assessment\nproceedings, the ld. Assessing Officer observed that the assessee was in receipt of an\ninterest on FDRs aggregating to Rs.3,14,93,816/-, but had not offered the same as\nincome from other sources. Rather it had adjusted the same in its capital work in\nprogress as capital receipts. During the course

KRISHNA CONSTRUCTION COMPANY ,REWA vs. DY COMMISSIONER OF INCOME TAX CIRCLE, KATNI

In the result, the appeal is allowed for statistical purposes

Bench: SH. KUL BHARAT, VICE PRESIDENT AND SH. NIKHIL CHOUDHARY (Accountant Member)

disallowance of the said 3 A.Y. 2017-18 Krishna Construction Company expenses under section 40a(ia) of the Income Tax Act and initiated penalty proceedings under section 270A. The ld. AO also noted that the assessee had shown receipt of Rs.20,38,532/- from Executive Engineer, Bansagar, Keoti Canal Division, Rewa, but as per 26AS, the assessee was seen

INCOME TAX OFFICER WARD-1 vs. M/S RPJ MINERALS PRIVATE LTD., SATNA

In the result, ITA No.154/JAB/2016 is held to be allowed for statistical\npurposes while ITA No

43,820/-. During the course of assessment\nproceedings, the ld. Assessing Officer observed that the assessee was in receipt of an\ninterest on FDRs aggregating to Rs.3,14,93,816/-, but had not offered the same as\nincome from other sources. Rather it had adjusted the same in its capital work in\nprogress as capital receipts. During the course

RENU ANANDANI,JABALPUR vs. NFAC, NFAC, DELHI

In the result, the appeal is allowed for statistical purposes

Bench: SH. KUL BHARAT, VICE PRESIDENT AND SH. NIKHIL CHOUDHARY (Accountant Member)

disallowed the claim of short term capital loss of Rs. 21,72,628/- and also added Rs. 43,452/- as unexplained expenditure and passed an order under section 147 of the Income Tax Act on 30.12.2019. The assessee had opted for the VSVS and paid the tax thereon. Subsequently, 263 proceedings were initiated and the AO was directed to frame

J.P TOBACCO PRODUCT PVT. LTD.,DAMOH vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE, SAGAR

In the result, the appeal filed by the assessee is dismissed as indicated above

Bench: Shri Om Prakash Kantshri Pavan Kumar Gadalej.P.Tobacco Products Vs Asst.Cit, Pvt.Ltd., Patharia Phatak, Circle-Sagar (M.P.) Damoh (M.P) (Appellant) (Respondent) Pan No.Aaacj7141G Assessee By Shri G.N.Purohit, Sr.Adv. & Shri Abhijeet Shrivastava, Adv. Revenue By Shri Rajesh Kumar Gupta, Sr.Dr Date Of Hearing 15/09/2023 Date Of Pronouncement 22/09/2023

43,286/-, in view the binding precedent of order of coordinate bench on the case of assessee for AY 2003-04 not followed, observing as under: ITA No. 3. “We have heard the parties, and perused the material on record. 3.1 The relevant part of the impugned order reads as under:- "21.2 So far as rebate on tendu patta

AMBIKA CHARAN DIXIT,JABALPUR vs. PR. COMMISSIONER OF INCOME TAX , JABALPUR

In the result, the appeal is allowed

Bench: Dr. B.R.R. Kumar & Shri Yogesh Kumar U.S.

disallowed the expenses respectively. The learned Pr. CIT is of the opinion that the Assessing Officer did not enquire about the genuineness of the transactions made with Nemi Kochar and also failed to obtain copy of agreement in support of determining the Fair Market Value of the property u/s 43CA of the Act in the financial year