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

SHETKARI SOLVENT (INDIA) LIMITED,NAGPUR vs. ACIT C.C. 1(1), NAGPUR

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं. / Ita No.137/Nag/2012 िनधा"रण वष" / Assessment Year : 2007–08 Shetkari Solvent (India) Ltd., Ug–7&8, Jagat Chambers, Near Ambedkar Sqr, Central Avenue, Bagadganj, Nagpur–440008. .......अपीलाथ" / Appellant Pan : Aabcs0105N बनाम / V/S. Acit, Central Circle–1(1), ……""यथ" / Respondent Nagpur. Assessee By : Shri Abhay Agarwal, Adv. Revenue By : Shri U. U. Kasar, Dr सुनवाई क" तारीख / Date Of Hearing : 26.03.2019 घोषणा क" तारीख / Date Of Pronouncement : 27.03.2019 आदेश / Order Per D. Karunakara Rao, Am: This Appeal Is Filed By The Assessee Against The Order Of Cit(A)-1, Nagpur Dated 11.01.2012 For The Assessment Year 2007-08. 2. The Revised Grounds Raised By The Assessee Are As Under :– “1. That The Learned Cit(A) Erred In Confirming The Addition Of Rs.5,79,60,000 On Account Of Alleged Bogus Purchases Of Soya Doc

penalty proceedings u/s 271(1)(c) of the Act are separately initiated, for concealment and furnishing of inaccurate particulars in respect of income chargeable to tax.” 5. Aggrieved with the same, the assessee filed an appeal before the CIT(A). On this issue, the CIT(A) recorded the reasoning in para 7 of her order and upheld the views

DY. COMMISSIONER OF INCOME TAX, CENTRAL- CIRCLE-2(1), NAGPUR, NAGPUR vs. SHRI YASHWANT AJABRAO KHODKE, NAGPUR

In the result, Revenue’s appeal stands dismissed

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

section 153C of the Act, declaring the same amount of income of ` 42,17,640, which was declared earlier on 09/02/2015. Further, the Department had also issued several statutory notices requiring the assessee to furnish the information and documents in support of their reply. 5. During the search proceedings at the residential premise of Shri Roshan Dhore, Nagpur, one loose

M/S STERLIGHT FINCOM PVT.LTD ,NAGPUR vs. DCIT,CENTRAL CIRCAL -2(3) , NAGPUR

In the result, all the appeals are allowed

Bench: Shri R.S. Syalआयकर अपील सं. / Ita Nos.252 To 258/Nag/2017 "नधा"रण वष" / Assessment Years : 2002-03 To 2008-09

u/s 153C of the Act. In so far as the factual details qua the extant penalty for the A.Y. 2002-03 M/s. Sterlight Fincom Pvt. Ltd., are concerned, the AO issued a notice u/s.142(1) dt. 23-12-2009 for filing certain details. The assessee did not comply with such notice. Thereafter, a notice u/s.271(1)(b) was issued requiring

M/S STERLIGHT FINCOM PVT.LTD ,NAGPUR vs. DCIT,CENTRAL CIRCAL -2(3) , NAGPUR

In the result, all the appeals are allowed

Bench: Shri R.S. Syalआयकर अपील सं. / Ita Nos.252 To 258/Nag/2017 "नधा"रण वष" / Assessment Years : 2002-03 To 2008-09

u/s 153C of the Act. In so far as the factual details qua the extant penalty for the A.Y. 2002-03 M/s. Sterlight Fincom Pvt. Ltd., are concerned, the AO issued a notice u/s.142(1) dt. 23-12-2009 for filing certain details. The assessee did not comply with such notice. Thereafter, a notice u/s.271(1)(b) was issued requiring

M/S STERLIGHT FINCOM PVT.LTD ,NAGPUR vs. DCIT,CENTRAL CIRCAL -2(3) , NAGPUR

In the result, all the appeals are allowed

Bench: Shri R.S. Syalआयकर अपील सं. / Ita Nos.252 To 258/Nag/2017 "नधा"रण वष" / Assessment Years : 2002-03 To 2008-09

u/s 153C of the Act. In so far as the factual details qua the extant penalty for the A.Y. 2002-03 M/s. Sterlight Fincom Pvt. Ltd., are concerned, the AO issued a notice u/s.142(1) dt. 23-12-2009 for filing certain details. The assessee did not comply with such notice. Thereafter, a notice u/s.271(1)(b) was issued requiring

M/S STERLIGHT FINCOM PVT.LTD ,NAGPUR vs. DCIT,CENTRAL CIRCAL -2(3) , NAGPUR

In the result, all the appeals are allowed

Bench: Shri R.S. Syalआयकर अपील सं. / Ita Nos.252 To 258/Nag/2017 "नधा"रण वष" / Assessment Years : 2002-03 To 2008-09

u/s 153C of the Act. In so far as the factual details qua the extant penalty for the A.Y. 2002-03 M/s. Sterlight Fincom Pvt. Ltd., are concerned, the AO issued a notice u/s.142(1) dt. 23-12-2009 for filing certain details. The assessee did not comply with such notice. Thereafter, a notice u/s.271(1)(b) was issued requiring

M/S STERLIGHT FINCOM PVT.LTD ,NAGPUR vs. DCIT,CENTRAL CIRCAL -2(3) , NAGPUR

In the result, all the appeals are allowed

Bench: Shri R.S. Syalआयकर अपील सं. / Ita Nos.252 To 258/Nag/2017 "नधा"रण वष" / Assessment Years : 2002-03 To 2008-09

u/s 153C of the Act. In so far as the factual details qua the extant penalty for the A.Y. 2002-03 M/s. Sterlight Fincom Pvt. Ltd., are concerned, the AO issued a notice u/s.142(1) dt. 23-12-2009 for filing certain details. The assessee did not comply with such notice. Thereafter, a notice u/s.271(1)(b) was issued requiring

M/S STERLIGHT FINCOM PVT.LTD ,NAGPUR vs. DCIT,CENTRAL CIRCAL -2(3) , NAGPUR

In the result, all the appeals are allowed

Bench: Shri R.S. Syalआयकर अपील सं. / Ita Nos.252 To 258/Nag/2017 "नधा"रण वष" / Assessment Years : 2002-03 To 2008-09

u/s 153C of the Act. In so far as the factual details qua the extant penalty for the A.Y. 2002-03 M/s. Sterlight Fincom Pvt. Ltd., are concerned, the AO issued a notice u/s.142(1) dt. 23-12-2009 for filing certain details. The assessee did not comply with such notice. Thereafter, a notice u/s.271(1)(b) was issued requiring