M/S MAHESHWARI COAL BENEFICATION & INFRASTRUCTURE P. LTD,BILASPUR vs. ACIT CENTRAL CIRCLE-1(1), NAGPUR

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant Mmber

TDS has been deducted on such interest expenses claimed; more so, the alleged sum had already been repaid on 4-10-18 prior to the search conducted on 11-7-19; the addition of Rs.7,59,397 is not justified, is liable to be deleted.” 29. The Assessing Officer has made following additions:– Opening bal. Interest credited Loan creditors

M/S MAHESHWARI COAL BENEFICATION & INFRASTRUCTURE P LTD.,BILASPUR vs. ACIT CENTRAL CIRCLE 1(1), NAGPUR

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant Mmber

TDS has been deducted on such interest expenses claimed; more so, the alleged sum had already been repaid on 4-10-18 prior to the search conducted on 11-7-19; the addition of Rs.7,59,397 is not justified, is liable to be deleted.” 29. The Assessing Officer has made following additions:– Opening bal. Interest credited Loan creditors

M/S MAHESHWARI COAL BENEFICATION & INFRASTRUCTURE P LTD.,BILASPUR vs. ACIT CENTRAL CIRCLE 1(1), NAGPUR

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant Mmber

TDS has been deducted on such interest expenses claimed; more so, the alleged sum had already been repaid on 4-10-18 prior to the search conducted on 11-7-19; the addition of Rs.7,59,397 is not justified, is liable to be deleted.” 29. The Assessing Officer has made following additions:– Opening bal. Interest credited Loan creditors

M/S MAHESHWARI COAL BENEFICATION & INFRASTRUCTURE P LTD.,BILASPUR vs. ACIT CENTRAL CIRCLE 1(1), NAGPUR

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant Mmber

TDS has been deducted on such interest expenses claimed; more so, the alleged sum had already been repaid on 4-10-18 prior to the search conducted on 11-7-19; the addition of Rs.7,59,397 is not justified, is liable to be deleted.” 29. The Assessing Officer has made following additions:– Opening bal. Interest credited Loan creditors

M/S MAHESHWARI COAL BENEFICATION & INFRASTRUCTURE P LTD.,BILASPUR vs. ACIT CENTRAL CIRCLE 1(1), NAGPUR

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant Mmber

TDS has been deducted on such interest expenses claimed; more so, the alleged sum had already been repaid on 4-10-18 prior to the search conducted on 11-7-19; the addition of Rs.7,59,397 is not justified, is liable to be deleted.” 29. The Assessing Officer has made following additions:– Opening bal. Interest credited Loan creditors

DILIP RAJESHWAR RAJKONDAWAR,NAGPUR vs. INCOME TAX OFFICE, NFAC, DELH

Bench: Shri Satbeer Singh Godara

1) the Act. 4. 22.03.2024 Jafar Nagar, Nagpur- Faceless Dated 18.10.2023 440013. Assessment Maharashtra. Centre, Delhi. PAN ADJPK3004C Shri Abhay Agrawal, Advocate For Assessees : Shri Sanjay Thakkar And Shri Mahavir Atal, C.A. For Revenue : Shri Abhay Y. Marathe Date of Hearing : 21.03.2024 Date of Pronouncement : 19.04.2024 ORDER The instant batch of four appeals pertains to as many assessee’s namely

MOHAN BALIRAMJI THAKRE,NAGPUR vs. INCOME TAX OFFICE, DELHI

Bench: Shri Satbeer Singh Godara

1) the Act. 4. 22.03.2024 Jafar Nagar, Nagpur- Faceless Dated 18.10.2023 440013. Assessment Maharashtra. Centre, Delhi. PAN ADJPK3004C Shri Abhay Agrawal, Advocate For Assessees : Shri Sanjay Thakkar And Shri Mahavir Atal, C.A. For Revenue : Shri Abhay Y. Marathe Date of Hearing : 21.03.2024 Date of Pronouncement : 19.04.2024 ORDER The instant batch of four appeals pertains to as many assessee’s namely

SHRI ASHOK MAHADEORAO GAWHANDE,BULDHANA vs. ASSISTANT DIRECTOR OF INCOME TAX, BANGALORE

Bench: Shri Satbeer Singh Godara

1) the Act. 4. 22.03.2024 Jafar Nagar, Nagpur- Faceless Dated 18.10.2023 440013. Assessment Maharashtra. Centre, Delhi. PAN ADJPK3004C Shri Abhay Agrawal, Advocate For Assessees : Shri Sanjay Thakkar And Shri Mahavir Atal, C.A. For Revenue : Shri Abhay Y. Marathe Date of Hearing : 21.03.2024 Date of Pronouncement : 19.04.2024 ORDER The instant batch of four appeals pertains to as many assessee’s namely

SUBHASHI YADAORAO CHIMURKAR,NAGPUR vs. INCOME TAX OFFICER, WARD-5(3), NAGPUR

Appeal is allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Dr. Dipak P. Ripote

1), dated 27.03.2023, involving proceedings u/s. 143(3) of the Income Tax Act, 1961 (in short “the Act”). Case called twice. None appears at assessee’s behest. He is accordingly proceeded ex-parte, after hearing the Learned DR. 2. It transpires at the outset that in the instant appeal the assessee has raised sole substantive issue - entitlement of his claim

DCIT-CC-1(3), NAGPUR, NAGPUR vs. R.B.S.D. AND F.N. DAS(EXPORT FIRM), VIZIANAGRAM

In the result, appeal filed by the Revenue is dismissed

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

1,179.00 (iii) Pradeepkumar Katakwar 3,954.00 (iv) S.Hussain 3,17,327.00 Total 13,22,460.00 a) B.V.G. Sudhakar : B.V.G. Sudhakar is working as manager in the firm and on 16/11/2019, the company has advanced to him a sum of Rs.10,00,000/- for company work by cheque No. 8025692 of ICICI Bank. The said amount was returned by Shri

M/S PYRAMID DEVELOPERS,NAGPUR vs. JOINT CIT RANGE 1, NAGPUR

In the result, appeal by the assessee is allowed for statistical

Bench: Shri Sandeep Gosain & Shri G. Manjunatha

131 of the Act on 19th January 2011, in response to Questions no.12 to 16, had admitted the additional unaccounted income of ` 2,09,37,500. The additional unaccounted income was declared on account of on– money received from sale of flats which has not been accounted for in the books of account. The assessee has filed its return

DEPUTY COMMISSIONER OF INCOME TAX , CIRCLE-2, NAGPUR vs. M/S UNITED BUILDERS , BHANDARA

In the result, appeal filed by the Revenue is allowed

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

section 271(1)(c) of the Act was initiated separately. The assessee being aggrieved, carried the matter before the learned CIT(A). 7. The learned CIT(A), in view of the submissions made by the assessee, held that the action of the Assessing Officer in making the impugned addition is not found to be sustainable in the facts

ACIT, CIRCLE-4, NAGPUR vs. M/S NANDLAL ENTERPRISES, NAGPUR

In the result, appeal of Revenue in ITA No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

section 40(a)(ia) r.w.s. 194C of the Act. 4. On the other hand, the Ld. Counsel for the assessee submitted that the assessee made payments to M/s. Ramkrishna Transport Company, who in turn, disbursed the amount among the truck owners for the services rendered by truck owners to the assessee. However, there is no finding of fact

ACIT, CIRCLE-4, NAGPUR vs. M/S NANDLAL ENTERPRISES, NAGPUR

In the result, appeal of Revenue in ITA No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

section 40(a)(ia) r.w.s. 194C of the Act. 4. On the other hand, the Ld. Counsel for the assessee submitted that the assessee made payments to M/s. Ramkrishna Transport Company, who in turn, disbursed the amount among the truck owners for the services rendered by truck owners to the assessee. However, there is no finding of fact

ACIT, CIRCLE-4, NAGPUR vs. M/S NANDLAL ENTERPRISES, NAGPUR

In the result, appeal of Revenue in ITA No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

section 40(a)(ia) r.w.s. 194C of the Act. 4. On the other hand, the Ld. Counsel for the assessee submitted that the assessee made payments to M/s. Ramkrishna Transport Company, who in turn, disbursed the amount among the truck owners for the services rendered by truck owners to the assessee. However, there is no finding of fact