ASSTT.COMMISSIONER OF INCOME TAX CIRCLE-5, NAGPUR vs. THE NIRMAL UJWAL CREDIT CO-OP SOCIETY LTD, NAGPUR

In the result, appeal for the A

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

TDS. We thus do not find reason to interfere with the first appellate order on the issue. The same is upheld. The issue is thus decided against the revenue. The above judicial pronouncement has also been followed by co- ordinate Bench of same (Pune) Tribunal in case of :- Jay Tuljabhavani Sah. Patpedhi Pragati V/s ITO (ITAT Pune) Relevant Para

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), NAGPUR vs. M/S. AAKAR HOTELS, NAGPUR

In the result, appeal of the revenue is dismissed

TDS of Rs. 3,30,000/- on account of purchase of property from M/s\nAakar Hotels. Further the said deed was also duly registered on 29.03.2016\nand stamp duty of Rs. 18,15,000/-along with registration fees of Rs 30,000/-\nwas paid to the government on account of transfer of property.\nV.\nThe property was taken on lease

ASSTT.COMMISSIONER OF INCOME TAX CIRCLE-5, NAGPUR vs. THE NIRMAL UJWAL CREDIT CO-OP SOCIETY LTD, NAGPUR

In the result, appeal filed by the Revenue for the assessment year

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

TDS, details of Bank Accounts and details of various other expenses, etc. The appellant through his AR explained the case from time to time. From the documents submitted and 4 The Nirmal Ujwal Credit Co–operative Society Ltd. A.Y. 2012–13 explanations provided by the appellant, the AO notices that the appellant had earned interest income from Fixed Deposits with

HINGANGHAT NAGRI SAHAKARI PAT SANSTHA,HINGANGHAT vs. INCOME TAX OFFICER WARD-1, WARDHA

In the result, appeal by the assessee for A

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

III, Hyderabad v. Andhra Pradesh State Co- operative Bank Ltd., reported in (2011) 200 Taxman 220/12. 8. The appellant craves leave to add, alter, vary omit, substitute or amend the above grounds of appeal, at any time before or at the of hearing of the appeal, so as to enable the honorable Income Tax Appellate Tribunal to decide this appeal

HINGANGHAT NAGRI SAHAKARI PAT SANSTHA,HINGANGHAT vs. INCOME TAX OFFICER WARD-1, WARDHA

In the result, appeal by the assessee for A

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

III, Hyderabad v. Andhra Pradesh State Co- operative Bank Ltd., reported in (2011) 200 Taxman 220/12. 8. The appellant craves leave to add, alter, vary omit, substitute or amend the above grounds of appeal, at any time before or at the of hearing of the appeal, so as to enable the honorable Income Tax Appellate Tribunal to decide this appeal

HINGANGHAT NAGRI SAHAKARI PAT SANSTHA,HINGANGHAT vs. INCOME TAX WARD-1, WARDHA

In the result, appeal by the assessee for A

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

III, Hyderabad v. Andhra Pradesh State Co- operative Bank Ltd., reported in (2011) 200 Taxman 220/12. 8. The appellant craves leave to add, alter, vary omit, substitute or amend the above grounds of appeal, at any time before or at the of hearing of the appeal, so as to enable the honorable Income Tax Appellate Tribunal to decide this appeal

HASANTE BURHANIAH FIDAYYIAH TRUST,NAGPUR vs. INCOME TAX OFFICER (TDS) WARD-1, NAGPUR

In the result, assessee’s appeals for A

Bench: Shri Sandeep Gosain & Shri Arun Khodpia

14 5.0 The above submissions of the appellant have been duly considered. The decision on the appeal is as follows. Firstly, it has to be pinpointed that the appellant wrongly understood that the order passed by the AO was under section 200A and to that extent wrongly stated order appealed against as order under section 200A in Form

VIJAY VINOD DURAGKAR,NAGPUR vs. INCOME TAX OFFICER WARD 4(4), NAGPUR

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

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

TDS Certificate i.e. case reopened on reasons to suspect, held is not valid. The Tribunal explained the distinction between reason to believe and reason to suspect. III. GENERAL ALLEGATION: INCOME SHOCKINGLY LOW: 3.1 In Rajendra Goud Chepur v. ITO (AP&T)(HC); www.itatonline.org: Merely because the assessee's income is "shockingly low" and others in the same line of business

LATITUDE INFRAVENTURES,NAGPUR vs. PCIT,NAGPUR-1, NAGPUR

In the result, appeal filed by the assessee for assessment year 2017–18

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

iii) CIT v/s Lark Chemicals Ltd. [2015] Taxmann.com 446 (Bom.). 5 Latitude Infraventures ITA no.349 & 350/Nag./2024 A.Y. 2016–17 & 2017–18 6. On merits, the learned counsel for the assessee further submitted that the learned Commissioner had factually erred in observing that the cost of free construction valuing to ` 2,81,33,000, was allegedly included in the land

LATITUDE INFRAVENTURES,NAGPUR vs. PCIT,NAGPUR-1, NAGPUR

In the result, appeal filed by the assessee for assessment year 2017–18

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

iii) CIT v/s Lark Chemicals Ltd. [2015] Taxmann.com 446 (Bom.). 5 Latitude Infraventures ITA no.349 & 350/Nag./2024 A.Y. 2016–17 & 2017–18 6. On merits, the learned counsel for the assessee further submitted that the learned Commissioner had factually erred in observing that the cost of free construction valuing to ` 2,81,33,000, was allegedly included in the land

RAVINDRA KHANDELWAL,AKOLA vs. ASSISTANT COMMISSIONER OF INCOME TAX - CIRCLE AKOLA , AKOLA

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

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

2. Addition of Rs. 75,00,000 as unexplained cash credit under section 68 2.1 The AO has made an addition to the tune of Rs. 75,00,000 under section 68 as unexplained cash credits. This has been discussed by the AO in para 14 of the assessment order. 2.2 The AO has made addition under section

HINGANGHAT NAGRI SAHAKARI PAT SANSTHA,HINGANGHAT vs. INCOME TAX WARD-1, WARDHA

In the result, appeal by the assessee for A

III, Hyderabad v. Andhra Pradesh State Co-\noperative Bank Ltd., reported in (2011) 200 Taxman 220/12.\n8. The appellant craves leave to add, alter, vary omit, substitute or amend the\nabove grounds of appeal, at any time before or at the of hearing of the appeal,\nso as to enable the honorable Income Tax Appellate Tribunal to decide this\nappeal

M/S TAWARI TRADERS ,BULDHANA vs. INCOME TAX OFFICER WARD -2, KHAMGAON

In the result, appeal by the assessee stands dismissed

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

14. 2. The assessee has raised following grounds:– “1] Learned C.I.T.(A) erred in disallowing the part of interest amounting to Rs.5,30,902/- out of total interest claimed by the appellant amounting to Rs.9,20,513/- U/s.36(i)(iii) of I.T. Act 1961. 2] Learned C.I.T.(A) erred in confirming the disallowance amounting to Rs.3,89,611/-. 3] Learned

CHANDRAKUMAR MADHUSUDANJI JAJODIA,THANE vs. ASSISTANT COMMISSIONER OF INCOME TAX, AMRAVATI CIRCLE

In the result, appeal filed by the assessee is allowed

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

2) no valid assessment is framed. Reliance on: i) (2010) 321 ITR 362 (SC) ACIT & Anr. Vs. Hotel Blue Moon (P- 103 – 112) (105) ii) (2019) 108 taxmann.com 183 (SC) CIT vs. Laxman Das Khandelwal (P- 113 – 118) (114) iii) ITAT order in ITA No.1744/Mum/2016 in the case of Shri Sudhir Menon vide order dated 03/10/2018

M/S CHAMPAK MINES AND MINERALS ,NAGPUR vs. ASSISTATN COMMISSIONER OF INCOME TAX , CPC-TDS, GHAZIABAD

In the result, all the 111 appeals preferred by the different assessees

Bench: Shri D. Karunakara Rao & Shri S.S. Viswanethra Ravisl.

14, Venuwan SOC, Ghaziabad 2014-15 Q4 26Q Kolba Swami Nagar, 2015-16 Q1 26Q Friends Colony, 2015-16 Q2 26Q Nagpur – 440013 2015-16 Q4 26Q PAN: AGLPR8164M 4 Group of (111 Cases) u/s.234E Assessee by : Shri Mahavir Atal & Ms. Alfiya Rozie Revenue by : Shri U. U. Kasar सुनवाई क" तारीख / Date of Hearing : 31.01.2020 घोषणा क" तारीख / Date

M/S CHAMPAK MINES AND MINERALS ,NAGPUR vs. ASSISTATN COMMISSIONER OF INCOME TAX , CPC-TDS, GHAZIABAD

In the result, all the 111 appeals preferred by the different assessees

Bench: Shri D. Karunakara Rao & Shri S.S. Viswanethra Ravisl.

14, Venuwan SOC, Ghaziabad 2014-15 Q4 26Q Kolba Swami Nagar, 2015-16 Q1 26Q Friends Colony, 2015-16 Q2 26Q Nagpur – 440013 2015-16 Q4 26Q PAN: AGLPR8164M 4 Group of (111 Cases) u/s.234E Assessee by : Shri Mahavir Atal & Ms. Alfiya Rozie Revenue by : Shri U. U. Kasar सुनवाई क" तारीख / Date of Hearing : 31.01.2020 घोषणा क" तारीख / Date

M/S CHAMPAK MINES AND MINERALS ,NAGPUR vs. ASSISTATN COMMISSIONER OF INCOME TAX , CPC-TDS, GHAZIABAD

In the result, all the 111 appeals preferred by the different assessees

Bench: Shri D. Karunakara Rao & Shri S.S. Viswanethra Ravisl.

14, Venuwan SOC, Ghaziabad 2014-15 Q4 26Q Kolba Swami Nagar, 2015-16 Q1 26Q Friends Colony, 2015-16 Q2 26Q Nagpur – 440013 2015-16 Q4 26Q PAN: AGLPR8164M 4 Group of (111 Cases) u/s.234E Assessee by : Shri Mahavir Atal & Ms. Alfiya Rozie Revenue by : Shri U. U. Kasar सुनवाई क" तारीख / Date of Hearing : 31.01.2020 घोषणा क" तारीख / Date

M/S RAJYAS SOFTWARE PRIVATE LIMITED ,NAGPUR vs. ASSISTATN COMMISSIONER OF INCOME TAX , GHAZIABAD

In the result, all the 111 appeals preferred by the different assessees

Bench: Shri D. Karunakara Rao & Shri S.S. Viswanethra Ravisl.

14, Venuwan SOC, Ghaziabad 2014-15 Q4 26Q Kolba Swami Nagar, 2015-16 Q1 26Q Friends Colony, 2015-16 Q2 26Q Nagpur – 440013 2015-16 Q4 26Q PAN: AGLPR8164M 4 Group of (111 Cases) u/s.234E Assessee by : Shri Mahavir Atal & Ms. Alfiya Rozie Revenue by : Shri U. U. Kasar सुनवाई क" तारीख / Date of Hearing : 31.01.2020 घोषणा क" तारीख / Date