NARESH VASANTRAJ TRIVEDI,NAGPUR vs. ACIT, CENTRAL CIRCLE 1(3), NAGPUR

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

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

addition so made by enhancing the income of the Appellant deserves to be deleted in the interest of justice. 5) The Ld. CIT(A) grossly erred in enhancing the income of the Appellant on account of income from house property

NARESH VASANTRAI TRIVEDI,NAGPUR vs. ACIT, CENTRAL CIRCLE 1(3), NAGPUR

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

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

addition so made by enhancing the income of the Appellant deserves to be deleted in the interest of justice. 5) The Ld. CIT(A) grossly erred in enhancing the income of the Appellant on account of income from house property

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

In the result, Revenue’s appeal is dismissed

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

addition made by the Assessing Officer treating the income from house property of ` 3,18,989 as business income disallowance

JEETENDRA CHANDRAKANT NAYAK,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOM TAX(OSD), NAGPUR

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

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

house at the time of transfer, therefore order passed is unjustified, unwarranted and excessive. 3] On the facts and circumstances the Commissioner of Income Tax Appeal, National Faceless Appeal Centre erred in not considering as per law and on the facts of the case in confirming that the properties jointly owned by the assessee were not ready in all respect

SHRI VISHWAKARAMA JEWELLERS ,AKOLA vs. DCIT AKOLA CIRCLE, AKOLA

In the result, assessee’s appeal is allowed

Bench: Shri Narender Kumar Choudhry & Shri K.M. Roy, Accountant, Member

additional income as business income in his return of income and paid due taxes thereon. 18. In our view, what is relevant before invoking the deeming provisions is not just the factum of survey action but besides that, what is the explanation so offered by the Assessee explaining the nature and source of income so found during the course

DY. COMMISSIONER OF INCOME TAX, CIRCLE-3, NAGPUR, NAGPUR vs. VINODKUMAR RAJENDRALAL KOCHHAR, KAMPTEE

In the result, the appeal filed by the department is dismissed

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

House Property, Income from Business, Income from Capital Gains and Income from other sources & he had been regularly filing his return of income for the last 5 decades. (iii) During the captioned assessment year, the appellant had opted for computation of income U/s. 44AD in respect of his business activity and while filing online return of Income

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-2, NAGPUR vs. M/S SAS DEVELOPERS & ENGINEERS `, NAGPUR

In the result, the appeal filed by department is dismissed

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

Properties (P) Ltd. –vs- Deputy Commissioner of Income Tax. 3. Judgment of Hon’ble ITAT, Delhi Bench “C” New Delhi, dated 30/08/2017 vide ITA No. 5654/Del./2014 in case of M/s.DLF Emporio Limited -Vs.- The Deputy Commissioner of Income Tax 15(1), New Delhi. 4. (2007) 108 ITD 0095 (ITAT Mum.) Income Tax Officer -Vs.- Makrupa Chemicals

DY. C.I.T. CENTRAL CIR.-2(2), NAGPUR vs. M/S MANSA AGRO FOOD PROCESSING PVT. LTD.,, NAGPUR

In the result, appeals filed by the Revenue are dismissed

addition made by the Assessing\nOfficer of treating the income from house property of Rs.1,10,250/- as\nbusiness income

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

addition made by the Assessing\nOfficer of treating the income from house property of Rs.1,10,250/- as\nbusiness income

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

In the result, appeals filed by the Revenue are dismissed

addition made by the Assessing\nOfficer of treating the income from house property of Rs.1,10,250/- as\nbusiness income

DY. C.I.T. CENTRAL CIR.-2(2), NAGPUR vs. M/S THANJAVUR COMMERCE PVT. LTD.,, NAGPUR

In the result, appeals filed by the Revenue are dismissed

addition made by the Assessing\nOfficer of treating the income from house property of Rs.1,10,250/- as\nbusiness income

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

In the result, appeals filed by the Revenue are dismissed

addition made by the Assessing\nOfficer of treating the income from house property of Rs.1,10,250/- as\nbusiness income

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

In the result, appeals filed by the Revenue are dismissed

addition made by the Assessing\nOfficer of treating the income from house property of Rs.1,10,250/- as\nbusiness income

SANJAY GULABCHAND GUPTA,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX,CIRCLE-4, NAGPUR

In the result, appeal by the assessee stands dismissed

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

property for residential purpose will not satisfy the requirement of the concerned section. It is beyond human intelligence that the addition of a floor in a hotel run on commercial lines can be deemed to be an independent residential house and proposed building use in Govt./semi public/private business land use as per sanctioned develop– ment plan is “commercial

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

In the result, Revenue's appeal being ITA no

addition made by the Assessing Officer of\ntreating the income from house property of Rs.75,408/- as business income.\n5. On the facts

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

In the result, Revenue's appeal being ITA no

addition made by the Assessing Officer of\ntreating the income from house property of Rs.75,408/- as business income.\n5. On the facts

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

In the result, Revenue's appeal being ITA no

addition made by the Assessing Officer of\ntreating the income from house property of Rs.75,408/- as business income.\n5. On the facts

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

addition made by the Assessing Officer of treating the income from house property of Rs.75,408/- as business income. 5. On the facts