SANGEETA SUNIL KADOO,NAGPUR vs. ITO WARD 1(3), NAGPUR

In the result, the appeal of assessee is partly allowed

reassessment proceedings, alleged non-pertainment of transactions to the relevant assessment year, procedural irregularities in issuing notices, denial of natural justice

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

natural justice which would fatal the assessment. For these arguments, reliance is placed on the following case laws:–  PCIT v. JPM Tools Ltd (2022) 154 taxmann.com 44 (Del HC);  PCIT v. E-City Projects Luck PLtd (2022) 143 taxmann.com 423 (Ori HC);  PCIT v. Anand Kumar Jain (huf) (2021) 432 ITR 384 (Del HC);  Divya Exim P Ltd v. DCIT

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

natural justice which would fatal the assessment. For these arguments, reliance is placed on the following case laws:–  PCIT v. JPM Tools Ltd (2022) 154 taxmann.com 44 (Del HC);  PCIT v. E-City Projects Luck PLtd (2022) 143 taxmann.com 423 (Ori HC);  PCIT v. Anand Kumar Jain (huf) (2021) 432 ITR 384 (Del HC);  Divya Exim P Ltd v. DCIT

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

natural justice which would fatal the assessment. For these arguments, reliance is placed on the following case laws:–  PCIT v. JPM Tools Ltd (2022) 154 taxmann.com 44 (Del HC);  PCIT v. E-City Projects Luck PLtd (2022) 143 taxmann.com 423 (Ori HC);  PCIT v. Anand Kumar Jain (huf) (2021) 432 ITR 384 (Del HC);  Divya Exim P Ltd v. DCIT

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

natural justice which would fatal the assessment. For these arguments, reliance is placed on the following case laws:–  PCIT v. JPM Tools Ltd (2022) 154 taxmann.com 44 (Del HC);  PCIT v. E-City Projects Luck PLtd (2022) 143 taxmann.com 423 (Ori HC);  PCIT v. Anand Kumar Jain (huf) (2021) 432 ITR 384 (Del HC);  Divya Exim P Ltd v. DCIT

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

natural justice which would fatal the assessment. For these arguments, reliance is placed on the following case laws:–  PCIT v. JPM Tools Ltd (2022) 154 taxmann.com 44 (Del HC);  PCIT v. E-City Projects Luck PLtd (2022) 143 taxmann.com 423 (Ori HC);  PCIT v. Anand Kumar Jain (huf) (2021) 432 ITR 384 (Del HC);  Divya Exim P Ltd v. DCIT

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

natural justice which would fatal the assessment. For these arguments, reliance is placed on the following case laws:–  PCIT v. JPM Tools Ltd (2022) 154 taxmann.com 44 (Del HC);  PCIT v. E-City Projects Luck PLtd (2022) 143 taxmann.com 423 (Ori HC);  PCIT v. Anand Kumar Jain (huf) (2021) 432 ITR 384 (Del HC);  Divya Exim P Ltd v. DCIT

SHRI CHAITANYA KOCHAR,HINGANGHAT vs. I.T.O., WARDHA

In the result, the impugned

Bench: Shri Sandeep Gosain, Jm & Shri Arun Khodpia, Am

reassessment made under section 153-A by order dt.30.12.2010 for A.Y. 2002-03 to A.Y.2008-09 in pursuance of search U/s.132(1) dt.07.09.2007 is barred by limitation as provided in section 153-B. The search having taken place in F.Y.2007-08 the assessment U/s.153-A was required to be completed within 21 months from end of F.Y.2007-08 i.e. on or before

ABID MUSTAFA KHAN,NAGPUR vs. ITO WARD-2(3), NAGPUR

In the result, appeal filed by the assessee is allowed for statistical purposes

Bench: Shri Pavan Kumar Gadaleabid Mustafa Khan, 301, Mayfair Residency, Raj Nagar Opp. Green Park, Nagpur 440 013, ……………. Appellant Maharashtra. Pan – Aqipk9595G V/S Income Tax Officer ……………. Respondent Ward–3(2), Nagpur, Maharashtra. Assessee By: Shri K.K. Thakkar. A.R. Revenue By :Shri Surjit Kumar Saha.Sr.Dr

reassessment proceedings untenable and arbitrary. 04. The learned Assessing Officer erred in law and on facts in issuing the notice under section 148A(b) of the Income-tax Act, 1961, without furnishing the copy of approval granted by the specified authority (Principal Chief Commissioner of Income Tax) as required under section 151, thereby violating the principles of natural justice

VISHAL KISHORILAL JAIN,NAGPUR vs. DCIT/ACIT CIRCLE-4, NAGPUR

In the result, assessee’s appeal for A

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

reassessment u/s 148, overlooking the fact that copy of reasons recorded were not supplied to the assessee in spite of specific request by the assessee. 3. The Ld. CIT(A) failed to note that the AO invoked Section 68 but made the final addition u/s 69 without providing the opportunity to the appellant to respond, violating natural justice

PARTH ENTERPRISES ,BHADRAWATI vs. ITO WARD-2, CHANDRAPUR

In the result, assessee’s appeal is allowed

Bench: Shri V. Durga Rao

natural justice. 2 Parth Enterprises ITA no.204/Nag./2025 2. The learned CIT(A), NFAC erred in confirming the addition of 12,61,500 under Section 69 as unexplained investment without proper justification and without appreciating the fact that the property in question is rural agricultural land, which is not a capital asset under Section 2(14) of the Income

SUBHASHCHAND CHANDAK (HUF),NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, NAGPUR

In the result, appeal filed by the assessee is dismissed

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

reassessment u/s 147 initiated, cease to exist as per appeal order, whether additions made on other grounds will be deleted suo-moto or whether same has to be argued separately before appellate forum for its deletion. 6. That, the addition of Rs.2,00,000/- on account of deposit in passbook treated as income of the assessee u/s 68 is against

SUBHASHCHAND SUNDERLAL CHANKAK,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, NAGPUR

In the result, appeal filed by the assessee is dismissed in limine

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

natural justice and is bad in law. 9. That, the assessee craves, leave to alter, amend or withdraw all or any objections herein or add any further grounds as may be considered necessary either before or during the course of hearing.” 3. At the very outset, we find that there is a substantial delay of 2006 days in filing

SHRI SUBHASHCHAND CHANDAK,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, NAGPUR

In the result, appeal filed by the assessee is dismissed in limine

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

natural justice and is bad in law. 9. That, the assessee craves, leave to alter, amend or withdraw all or any objections herein or add any further grounds as may be considered necessary either before or during the course of hearing.” 3. At the very outset, we find that there is a substantial delay of 2006 days in filing

LOKSEWA SHIKSHAN BAHUUDDESHIYA MANDAL,BULDHANA vs. COMMISSIONER OF INCOME TAX-1, NAGPUR

In the result, appeal of the assessee is dismissed

Bench: Shri S.S.Godara & Dr. Dipak P. Ripoteआयकर अपील सं. / Ita No.62/Nag/2023 िनधा"रण वष" / Assessment Year :2015-16 Lokeswa Shikshan The Commissioner Of Bahuuddeshiya Mandal, V Income Tax-I, Nagpur. C/O. Dr.Arvindw.Kolte, S Janta College, Buldhana Road, Malkapur – 443101. Pan: Aaatl5306N Appellant/ Assessee Respondent/Revenue Assessee By Shri Sanjay Thakar – Ar Revenue By Shri Kailash C. Kanojiya – Cit(Dr) Date Of Hearing 28/03/2024 Date Of Pronouncement 22/04/2024 आदेश/ Order Per Dr. Dipak P. Ripote, Am: This Is An Appeal Filed By The Assessee Against The Order Of Ld.Commissioner Of Income Tax-I, Nagpur Dated 11.11.2014 Passed Under Section 12Aa(1) Of The Act. The Assessee Has Raised The Following Grounds Of Appeal : 1] On The Facts & Circumstances Of The Case & Material Already On Record The Learned Cit Should Have Granted Registration U/S. 12A As Per Assessee’S Application Filed On Lokeswa Shikshan Bahuuddeshiya Mandal [A]

natural justice and without due and reasonable opportunity to the Assessee and hence deserves to be set aside. 4] Order rejecting 12-A application on merits merely on the ground of non- appearance of Assessee on a given date is without jurisdiction and also unjust especially when all the relevant material is on record which he failed to consider

AXYKNO CAPITAL SERVICES LTD,,NAGPUR vs. DCIT CIRCLE 1, NAGPUR

In the result, both the appeals of the assessee are allowed

Bench: Shri Sandeep Gosain, Jm & Shri Arun Khodpia, Am

justice as no opportunity was given to the assessee to cross examine Shri Praveen Kumar Jain whose statement was relied by revenue to make the addition u/s 68 of I.T. Act. 3 ITA 178/NAG/ 2017 AXYKNO CAPITAL SERVICES LTD VS DCIT, CIRCLE- 1,NAGPUR 1. The Ld. AR of the Appellant, during the course of hearing reiterated the facts

DATTU SAMPAT VANKHEDE,NAGPUR vs. PCIT-2, NAGPUR

In the result, appeal filed by the assessee is dismissed

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

reassessment afresh is without jurisdiction against the principles of natural justice thereby rendering the order void ab-initio. 10. That

ACIT WARDHA CIRCLE,, WARDHA vs. JAMNALAL SONS PVT LID., WARDHA

In the result, appeal of the Revenue in ITA No

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm आयकर अपीऱ सं. / Ita No. 34/Nag/2015 ननिाारण वषा / Assessment Year : 2011-12 The Deputy Commissioner Of Income Tax, Wardha Circle, Wardha. .......अऩीऱाथी / Appellant बनाम / V/S.

natural justice. The assessee is directed to file copy of order passed by the Hon‟ble Supreme Court, if any, regarding recalled matter and other relevant documents before the Ld. CIT(Appeals) so that the First Appellate Authority can appreciate and decide the case on merits. 9. In the result, appeals of the Revenue in ITA No.34/NAG/2015, ITA No.283/NAG/2015