RAVINDRA MADANLAL KHANDELWAL,AKOLA vs. DCIT/ACIT CIRCLE , 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

deposited cash of Rs. 9,00,000/- in her bank with SBI, Rae Baraeli on 18- 7-2009 before issuing two cheques to Savitri Thakur. She has not filed any return of income admittedly from A.Y. 2008-09. She also claims to receive agricultural income of Rs. 1.5 lacs p.a. which is claimed to be kept in cash with

DY. C.I.T. CENTRAL CIR.-2(2), NAGPUR vs. M/S SHREE AGRAWAL FINANCE INDIA P. LTD.,, NAGPUR

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

depreciation of Rs. 47,53,025/-. 8. On the facts and circumstances of the case, the learned CIT(A) has erred in deleting the addition made on account of unsecured loans being unexplained credits Rs. 6,45,38,278/-. 5 M/s. Shree Agarwal Coal India Pvt. Ltd. & Group Cases 9. On the facts and circumstances of the case, the learned

DY. C.I.T. CENTRAL CIR.-2(2), NAGPUR vs. M/S SHREE AGRAWAL FINANCE INDIA P. LTD.,, NAGPUR

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

depreciation of Rs. 47,53,025/-. 8. On the facts and circumstances of the case, the learned CIT(A) has erred in deleting the addition made on account of unsecured loans being unexplained credits Rs. 6,45,38,278/-. 5 M/s. Shree Agarwal Coal India Pvt. Ltd. & Group Cases 9. On the facts and circumstances of the case, the learned

DY. C.I.T. CENTRAL CIR2(2), NAGPUR vs. M/S SHREE AGRAWAL COAL INDIA PVT. LTD.,, NAGPUR

In the result, Revenue’s appeal being ITA no

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

depreciation of Rs. 47,53,025/-. 8. On the facts and circumstances of the case, the learned CIT(A) has erred in deleting the addition made on account of unsecured loans being unexplained credits Rs. 6,45,38,278/-. 5 M/s. Shree Agarwal Coal India Pvt. Ltd.& Group Cases 9. On the facts and circumstances of the case, the learned

A,C.I.T. CENTRAL CIR.- 2(2), NAGPUR vs. SHRI DHARAMPAL R.AGRAWAL, NAGPUR

In the result, Revenue’s appeal being ITA no

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

depreciation of Rs. 47,53,025/-. 8. On the facts and circumstances of the case, the learned CIT(A) has erred in deleting the addition made on account of unsecured loans being unexplained credits Rs. 6,45,38,278/-. 5 M/s. Shree Agarwal Coal India Pvt. Ltd.& Group Cases 9. On the facts and circumstances of the case, the learned

A,C.I.T. CENTRAL CIR.- 2(2), NAGPUR vs. SHRI DHARAMPAL R.AGRAWAL, NAGPUR

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

depreciation of Rs. 47,53,025/-. 8. On the facts and circumstances of the case, the learned CIT(A) has erred in deleting the addition made on account of unsecured loans being unexplained credits Rs. 6,45,38,278/-. 5 M/s. Shree Agarwal Coal India Pvt. Ltd. & Group Cases 9. On the facts and circumstances of the case, the learned

KRUSHI VIBHAG KARMCHARI VRUND SAHAKARI PATH SANSTHA MARYADIT ,WARDHA vs. INCOME TAX OFFICER , WARD-1, NAGPUR

In the result, the appeal is allowed for statistical purposes

Bench: Shri R.S. Syalनिर्धारण वषा / Assessment Year : 2009-10 Krushi Vibhag Karmchari Vs. Ito, Ward-1, Vrund Sahakari Pat Sanstha Wardha Maryadit Bajaj Building, Krushna Nagar, Wardha, Maharashtra – 442001 Pan: Aacak6196N Appellant Respondent

deposited cash of Rs.64,86,880/- in its bank account. Notice u/s 148 was issued. The assessee did not file any return. It, however, filed certain details before the AO, like, Balance sheet, audit report, copy of bank statements and computation of income claiming deduction u/s 80P of the Act. The AO noted that the assessee had shown profit

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA COAL(INDIA) LTD, NAGPUR

In the result, cross objections No

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

deposited was also subject to verification by the ITO- Investigation, Nagpur in connection with Banking Cash Transaction Tax Matter in the case of ELPL in the month October-November, 2012. In that proceeding, in the case of ELPL, the statement of Mr. O.P. Sharma was recorded u/s. 131 and the cash book of Nagpur Branch of ELPL and the bank

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA GLOBAL RESOURCES LTD(EAELIER KNOWN AS GUPTA COALFIELDS & WASHHERIES LTD), NAGPUR

In the result, cross objections No

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

deposited was also subject to verification by the ITO- Investigation, Nagpur in connection with Banking Cash Transaction Tax Matter in the case of ELPL in the month October-November, 2012. In that proceeding, in the case of ELPL, the statement of Mr. O.P. Sharma was recorded u/s. 131 and the cash book of Nagpur Branch of ELPL and the bank

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA COAL(INDIA) LTD, NAGPUR

In the result, cross objections No

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

deposited was also subject to verification by the ITO- Investigation, Nagpur in connection with Banking Cash Transaction Tax Matter in the case of ELPL in the month October-November, 2012. In that proceeding, in the case of ELPL, the statement of Mr. O.P. Sharma was recorded u/s. 131 and the cash book of Nagpur Branch of ELPL and the bank

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA COAL(INDIA) LTD, NAGPUR

In the result, cross objections No

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

deposited was also subject to verification by the ITO- Investigation, Nagpur in connection with Banking Cash Transaction Tax Matter in the case of ELPL in the month October-November, 2012. In that proceeding, in the case of ELPL, the statement of Mr. O.P. Sharma was recorded u/s. 131 and the cash book of Nagpur Branch of ELPL and the bank

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA COAL(INDIA) LTD, NAGPUR

In the result, cross objections No

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

deposited was also subject to verification by the ITO- Investigation, Nagpur in connection with Banking Cash Transaction Tax Matter in the case of ELPL in the month October-November, 2012. In that proceeding, in the case of ELPL, the statement of Mr. O.P. Sharma was recorded u/s. 131 and the cash book of Nagpur Branch of ELPL and the bank

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA GLOBAL RESOURCES LTD(EAELIER KNOWN AS GUPTA COALFIELDS & WASHHERIES LTD), NAGPUR

In the result, cross objections No

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

deposited was also subject to verification by the ITO- Investigation, Nagpur in connection with Banking Cash Transaction Tax Matter in the case of ELPL in the month October-November, 2012. In that proceeding, in the case of ELPL, the statement of Mr. O.P. Sharma was recorded u/s. 131 and the cash book of Nagpur Branch of ELPL and the bank

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA COAL(INDIA) LTD, NAGPUR

In the result, cross objections No

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

deposited was also subject to verification by the ITO- Investigation, Nagpur in connection with Banking Cash Transaction Tax Matter in the case of ELPL in the month October-November, 2012. In that proceeding, in the case of ELPL, the statement of Mr. O.P. Sharma was recorded u/s. 131 and the cash book of Nagpur Branch of ELPL and the bank

ASTT.COMMISSIONER OF INCOME TAX,CENTRAL CIR 2(3) R, NAGPUR vs. M GUPTA COALFIELDS & WASHERIES LTD., NAGPUR

In the result, cross objections No

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

deposited was also subject to verification by the ITO- Investigation, Nagpur in connection with Banking Cash Transaction Tax Matter in the case of ELPL in the month October-November, 2012. In that proceeding, in the case of ELPL, the statement of Mr. O.P. Sharma was recorded u/s. 131 and the cash book of Nagpur Branch of ELPL and the bank

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA GLOBAL RESOURCES LTD(EAELIER KNOWN AS GUPTA COALFIELDS 7 WASHHERIES LTD), NAGPUR

In the result, cross objections No

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

deposited was also subject to verification by the ITO- Investigation, Nagpur in connection with Banking Cash Transaction Tax Matter in the case of ELPL in the month October-November, 2012. In that proceeding, in the case of ELPL, the statement of Mr. O.P. Sharma was recorded u/s. 131 and the cash book of Nagpur Branch of ELPL and the bank

ASSTT.C,I,.T, CENTRAL CIR, -2(3), NAGPUR vs. M/S GUPTA COALFIELDS & WASHERIES LTD., NAGPUR

In the result, cross objections No

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

deposited was also subject to verification by the ITO- Investigation, Nagpur in connection with Banking Cash Transaction Tax Matter in the case of ELPL in the month October-November, 2012. In that proceeding, in the case of ELPL, the statement of Mr. O.P. Sharma was recorded u/s. 131 and the cash book of Nagpur Branch of ELPL and the bank

ASSTT. C.I.T, CENTRAL CIR, -2(1), NAGPUR vs. M/S GUPTA GLOBAL RESOURCES LTD(EAELIER KNOWN AS GUPTA COALFIELDS & WASHHERIES LTD), NAGPUR

In the result, cross objections No

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

deposited was also subject to verification by the ITO- Investigation, Nagpur in connection with Banking Cash Transaction Tax Matter in the case of ELPL in the month October-November, 2012. In that proceeding, in the case of ELPL, the statement of Mr. O.P. Sharma was recorded u/s. 131 and the cash book of Nagpur Branch of ELPL and the bank

VASANT CO-OP SHETKARI GINNING & PRESSING FACTORY LTD.,YAVATMAL vs. PRINCIPAL COMMISSIONER OF INCOME TAX-II, NAGPUR

In the result, appeal of the assessee is partly allowed in terms of our aforesaid observations

Bench: Shri Ravish Sood & Shri Jamlappa D Battullआयकर अपील सं. / Ita No. 29/Nag/2021 "नधा"रण वष" / Assessment Year : 2016-17 The Vasant Co-Op. Shetkari Ginning & Pressing Factory Limited; At. Yavatmal Road, Wani, Tq. Wani, Dist. Yavatmal-440 010 Pan : Aaaat1439M .......अपीलाथ" / Appellant बनाम / V/S. The Pr. Commissioner Of Income Tax-Ii, Nagpur. ……""यथ" / Respondent Assessee By : Shri Pravin Gandhi, Ar Revenue By : Shri Vitthal Bhosale, Dr

cash by assessee from Shri Shrikant Swaikar (supra) on sale of flats. On the basis of his aforesaid observation, the Pr. CIT was of the view that the actual sale consideration of the flats in question received by the assessee was Rs.96 lacs (Rs.85 lacs + 11 Lacs), that was wrongly taken by the Assessing Officer at Rs.85 lacs