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

158/- as unexplained credit.\n9.\nOn the facts and in the circumstances of the case and in law, the\nlearned CIT(A) has erred in deleting the addition made for disallowance of\ninterest paid amounting to Rs.64,75,640/-.\n10. On the facts and in the circumstances of the case and in law, the\nlearned CIT(A) has erred

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

158/- as unexplained credit.\n9. On the facts and in the circumstances of the case and in law, the\nlearned CIT(A) has erred in deleting the addition made for disallowance of\ninterest paid amounting to Rs.64,75,640/-.\n10. On the facts and in the circumstances of the case and in law, the\nlearned CIT(A) has erred

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

158/- as unexplained credit.\n9. On the facts and in the circumstances of the case and in law, the\nlearned CIT(A) has erred in deleting the addition made for disallowance of\ninterest paid amounting to Rs.64,75,640/-.\n10. On the facts and in the circumstances of the case and in law, the\nlearned CIT(A) has erred

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

158/- as unexplained credit.\n9. On the facts and in the circumstances of the case and in law, the\nlearned CIT(A) has erred in deleting the addition made for disallowance of\ninterest paid amounting to Rs.64,75,640/-.\n10. On the facts and in the circumstances of the case and in law, the\nlearned CIT(A) has erred

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

158/- as unexplained credit.\n9. On the facts and in the circumstances of the case and in law, the\nlearned CIT(A) has erred in deleting the addition made for disallowance of\ninterest paid amounting to Rs.64,75,640/-.\n10. On the facts and in the circumstances of the case and in law, the\nlearned CIT(A) has erred

SHRI PRAVEEN MANOHAR GHODKHANDE,,NAGPUR vs. ITO, WARD- 1(2),, NAGPUR

Appeal is allowed

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

property within prescribed period. 4.4. After perusal of entire material on records, AO is found justified in imposing penalty at minimum rate of tax 5 ITA.No.124/Nag./2017 Sh Praveen Manohar Ghodkhande, Nagpur. sought to be evaded. Penalty of Rs.1,35,000/- is, hereby, confirmed.” 5. The Revenue herein supported the impugned penalty by quoting the assessment as well

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

In the result, assessee’s appeal stands partly allowed

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

House Property. 3. Any other ground of appeal that may be raised at the time of hearing of the appeal.” 37. In this case, the assessee, for the year under consideration, filed its return of income on 29/09/2011, under section 139(1) of the Income Tax Act, 1961 ("the Act") disclosing total income of ` 15,03,450 and agricultural income

SMT RAJKUMARI DHARAMPAL AGRAWAL,NAGPUR vs. A,C.I.T CENT CIR. 1(2), NAGPUR

In the result, assessee’s appeal stands partly allowed

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

House Property. 3. Any other ground of appeal that may be raised at the time of hearing of the appeal.” 37. In this case, the assessee, for the year under consideration, filed its return of income on 29/09/2011, under section 139(1) of the Income Tax Act, 1961 ("the Act") disclosing total income of ` 15,03,450 and agricultural income

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

property of the tax payer, however, same can be easily fetched by the department by issue of summons. j) Copy of documentary evidences to substantiate genuineness of the lenders:- The fact that the transaction was indeed in a realm of a loan, is apparent from the fact that almost all the loans borrowed from the third parties were repaid