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

In the result, appeals for the assessment year 2009–10 to 2013–14 are partly allowed

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

section 153A(1) read with „Expln-2‟; in absence of this, assessment made u/s153C would be invalid & is liable to be quashed; relied on Goldstone Cements Ltd (2023) (Gau HC); Fortune Vanijya (P) Ltd (2023) (Gau HC).” 40. In the appeal of the assessee bearing ITA No.111/Nag/ 2024, for the assessment year 2012-13 along with following additional ground

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

In the result, appeals for the assessment year 2009–10 to 2013–14 are partly allowed

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

section 153A(1) read with „Expln-2‟; in absence of this, assessment made u/s153C would be invalid & is liable to be quashed; relied on Goldstone Cements Ltd (2023) (Gau HC); Fortune Vanijya (P) Ltd (2023) (Gau HC).” 40. In the appeal of the assessee bearing ITA No.111/Nag/ 2024, for the assessment year 2012-13 along with following additional ground

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

In the result, appeals for the assessment year 2009–10 to 2013–14 are partly allowed

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

section 153A(1) read with „Expln-2‟; in absence of this, assessment made u/s153C would be invalid & is liable to be quashed; relied on Goldstone Cements Ltd (2023) (Gau HC); Fortune Vanijya (P) Ltd (2023) (Gau HC).” 40. In the appeal of the assessee bearing ITA No.111/Nag/ 2024, for the assessment year 2012-13 along with following additional ground

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

section 153D dated 29/09/2021 is in mechanical/routine manner without application of mind by Addl.CIT, which is merely a formality, an empty ritual and as such it leads to flagrant violation of the rules of law. 45. The third contention of the learned A.R. is that while granting such mechanical approval dated 29/09/2021 under section 153D for the assessment year

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

section 153D dated 29/09/2021 is in mechanical/routine manner without application of mind by Addl.CIT, which is merely a formality, an empty ritual and as such it leads to flagrant violation of the rules of law. 45. The third contention of the learned A.R. is that while granting such mechanical approval dated 29/09/2021 under section 153D for the assessment year

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

section 153D dated 29/09/2021 is in mechanical/routine manner without application of mind by Addl.CIT, which is merely a formality, an empty ritual and as such it leads to flagrant violation of the rules of law. 45. The third contention of the learned A.R. is that while granting such mechanical approval dated 29/09/2021 under section 153D for the assessment year

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

section 153D dated 29/09/2021 is in mechanical/routine manner without application of mind by Addl.CIT, which is merely a formality, an empty ritual and as such it leads to flagrant violation of the rules of law. 45. The third contention of the learned A.R. is that while granting such mechanical approval dated 29/09/2021 under section 153D for the assessment year

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

section 153D dated 29/09/2021 is in mechanical/routine manner without application of mind by Addl.CIT, which is merely a formality, an empty ritual and as such it leads to flagrant violation of the rules of law. 45. The third contention of the learned A.R. is that while granting such mechanical approval dated 29/09/2021 under section 153D for the assessment year

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

section 153D dated 29/09/2021 is in mechanical/routine manner without application of mind by Addl.CIT, which is merely a formality, an empty ritual and as such it leads to flagrant violation of the rules of law. 45. The third contention of the learned A.R. is that while granting such mechanical approval dated 29/09/2021 under section 153D for the assessment year

M/S PHOENIX INFRA ESTATE INTERNATIONAL LTD,NAGPUR vs. ACIT CENTRAL CIRCLE 2(3), NAGPUR

In the result, appeals by the assessee stand dismissed in limine

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

condonation of delay are as under:– “A. Applicant has filed the above appeal on against the order of Ld. CIT(A) dated 12/02/2018 passed under section 263 of the Act. The present appeal is filed beyond the period of limitation. The delay is of 2261 Days. Brief facts leading to the delay of filing the appeal are as under

VIJAYKUMAR MANIKRAM GAUTAM,NAGPUR vs. ACIT CENTRAL CIRCLE-1(2), NAGPUR

Accordingly, the appeal of the assessee in ITA no.471/Nag./2024, for A.Y. 2007–08 is dismissed on this ground alone

Bench: Shri V. Durga Rao & Shri Khettra Mohan Roy

section 153A of the Act. On being aggrieved, the assessee carried the matter in appeal before the Ld. CIT(A) and the learned CIT(A) turned down the request of the assessee. Aggrieved by the order of the Ld. CIT(A), the assessee carried the matter in appeal before the Tribunal. 3 ITA.Nos.471 to 475 /NAG./2024 During

VIJAYKUMAR MANIKRAM GAUTAM ,NAGPUR vs. ACIT CENTRAL CIRCLE-1(2), NAGPUR

Accordingly, the appeal of the assessee in ITA no.471/Nag./2024, for A.Y. 2007–08 is dismissed on this ground alone

Bench: Shri V. Durga Rao & Shri Khettra Mohan Roy

section 153A of the Act. On being aggrieved, the assessee carried the matter in appeal before the Ld. CIT(A) and the learned CIT(A) turned down the request of the assessee. Aggrieved by the order of the Ld. CIT(A), the assessee carried the matter in appeal before the Tribunal. 3 ITA.Nos.471 to 475 /NAG./2024 During

VIJAYKUMAR MANIKRAM GAUTAM ,NAGPUR vs. ACIT CENTRAL CIRCLE 1(2), NAGPUR

Accordingly, the appeal of the assessee in ITA no.471/Nag./2024, for A.Y. 2007–08 is dismissed on this ground alone

Bench: Shri V. Durga Rao & Shri Khettra Mohan Roy

section 153A of the Act. On being aggrieved, the assessee carried the matter in appeal before the Ld. CIT(A) and the learned CIT(A) turned down the request of the assessee. Aggrieved by the order of the Ld. CIT(A), the assessee carried the matter in appeal before the Tribunal. 3 ITA.Nos.471 to 475 /NAG./2024 During

VIJAYKUMAR MANIKRAM GAUTAM,NAGPUR vs. ACIT CENTRAL CIRCLE-1(2), NAGPUR

Accordingly, the appeal of the assessee in ITA no.471/Nag./2024, for A.Y. 2007–08 is dismissed on this ground alone

Bench: Shri V. Durga Rao & Shri Khettra Mohan Roy

section 153A of the Act. On being aggrieved, the assessee carried the matter in appeal before the Ld. CIT(A) and the learned CIT(A) turned down the request of the assessee. Aggrieved by the order of the Ld. CIT(A), the assessee carried the matter in appeal before the Tribunal. 3 ITA.Nos.471 to 475 /NAG./2024 During

VIJAYKUMAR MANIKRAM GAUTAM ,NAGPUR vs. ACIT CENTRAL CIRCLE-1(2), NAGPUR

Accordingly, the appeal of the assessee in ITA no.471/Nag./2024, for A.Y. 2007–08 is dismissed on this ground alone

Bench: Shri V. Durga Rao & Shri Khettra Mohan Roy

section 153A of the Act. On being aggrieved, the assessee carried the matter in appeal before the Ld. CIT(A) and the learned CIT(A) turned down the request of the assessee. Aggrieved by the order of the Ld. CIT(A), the assessee carried the matter in appeal before the Tribunal. 3 ITA.Nos.471 to 475 /NAG./2024 During

IMPERAIAL CONSTRUCTION COMPANY ,NAGPUR vs. ACIT,CENTRAL CIRCLE -1(3), NAGPUR

In the result, appeals filed by the assessee for A

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

delay is hereby condoned and we proceed to dispose off the appeals on merit. SS 3 Imperial Construction Company 4. The only issue which arose in both these appeal relates to addition of ` 12,42,000 for A.Y. 2007–08 and ` 10,50,000, for A.Y. 2009–10, on account of unexplained cash credit under section 68 of the Income

IMPERAIAL CONSTRUCTION COMPANY ,NAGPUR vs. ACIT,CENTRAL CIRCLE -1(3), NAGPUR

In the result, appeals filed by the assessee for A

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

delay is hereby condoned and we proceed to dispose off the appeals on merit. SS 3 Imperial Construction Company 4. The only issue which arose in both these appeal relates to addition of ` 12,42,000 for A.Y. 2007–08 and ` 10,50,000, for A.Y. 2009–10, on account of unexplained cash credit under section 68 of the Income

M/S SHREE AGRAWAL COAL INDIA PVT. LTD,NAGPUR vs. A,C.I.T CENT CIR. 1(2), NAGPUR

In the result, assessee’s appeal stands allowed

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

condone the delay of 32 days in filing the present appeal and admit the same for adjudication on merit. 3. The sole issue for our adjudication relates to the addition made by the Assessing Officer on account of unaccounted purchases. 4. Facts in Brief:– In this case, during the year, the assessee is engaged in the business of trading