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

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

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

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

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

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

RAVINDRA KHANDELWAL,AKOLA vs. ASSISTANT COMMISSIONER OF INCOME TAX - CIRCLE AKOLA , 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

section 36)\(1)(iii) of the Act. 10. The Assessing Officer disallowed a part of the interest considering it as interest on capital not borrowed for the purpose of business on proportionate basis. The assessee had debited ` 34,15,880, on account of interest on unsecured loans of ` 1,81,14,226. The Assessing Officer considered

ASSISTANT COMISSIONER CENTRAL CIRCLE 1(3), NAGPUR vs. M/S SHRIGOPAL RAMESHKUMAR SALES PVT. LTD , NAGPUR

In the result, appeal filed by the Revenue is dismissed

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

section 69C of the Act and other items recorded in ground no.4, raised by the Revenue. 37. Considering the above, apart from the fact that the said additions deserve to be deleted on merits as discussed herein above, the learned CIT(A) was absolutely right in considering that the said addition is a covered by the declaration made

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

68. Ground No.1 raised in this appeal is identical to ground No.1 of the Revenue‟s appeal being ITA No.477/NAG/2014. Since we have dismissed the ground No.1 of the Revenue‟s appeal and answered the issue in favour of the assessee, ground No.1 raised in this appeal is also dismissed. 69. Ground No.2, 3 and 4 raised in this appeal

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

68. Ground No.1 raised in this appeal is identical to ground No.1 of the Revenue‟s appeal being ITA No.477/NAG/2014. Since we have dismissed the ground No.1 of the Revenue‟s appeal and answered the issue in favour of the assessee, ground No.1 raised in this appeal is also dismissed. 69. Ground No.2, 3 and 4 raised in this appeal

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

68. Ground No.1 raised in this appeal is identical to ground No.1 of the Revenue‟s appeal being ITA No.477/NAG/2014. Since we have dismissed the ground No.1 of the Revenue‟s appeal and answered the issue in favour of the assessee, ground No.1 raised in this appeal is also dismissed. 69. Ground No.2, 3 and 4 raised in this appeal

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

68. Ground No.1 raised in this appeal is identical to ground No.1 of the Revenue‟s appeal being ITA No.477/NAG/2014. Since we have dismissed the ground No.1 of the Revenue‟s appeal and answered the issue in favour of the assessee, ground No.1 raised in this appeal is also dismissed. 69. Ground No.2, 3 and 4 raised in this appeal

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

68. Ground No.1 raised in this appeal is identical to ground No.1 of the Revenue‟s appeal being ITA No.477/NAG/2014. Since we have dismissed the ground No.1 of the Revenue‟s appeal and answered the issue in favour of the assessee, ground No.1 raised in this appeal is also dismissed. 69. Ground No.2, 3 and 4 raised in this appeal

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

68. Ground No.1 raised in this appeal is identical to ground No.1 of the Revenue‟s appeal being ITA No.477/NAG/2014. Since we have dismissed the ground No.1 of the Revenue‟s appeal and answered the issue in favour of the assessee, ground No.1 raised in this appeal is also dismissed. 69. Ground No.2, 3 and 4 raised in this appeal

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

68. Ground No.1 raised in this appeal is identical to ground No.1 of the Revenue‟s appeal being ITA No.477/NAG/2014. Since we have dismissed the ground No.1 of the Revenue‟s appeal and answered the issue in favour of the assessee, ground No.1 raised in this appeal is also dismissed. 69. Ground No.2, 3 and 4 raised in this appeal

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

68. Ground No.1 raised in this appeal is identical to ground No.1 of the Revenue‟s appeal being ITA No.477/NAG/2014. Since we have dismissed the ground No.1 of the Revenue‟s appeal and answered the issue in favour of the assessee, ground No.1 raised in this appeal is also dismissed. 69. Ground No.2, 3 and 4 raised in this appeal

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

68. Ground No.1 raised in this appeal is identical to ground No.1 of the Revenue‟s appeal being ITA No.477/NAG/2014. Since we have dismissed the ground No.1 of the Revenue‟s appeal and answered the issue in favour of the assessee, ground No.1 raised in this appeal is also dismissed. 69. Ground No.2, 3 and 4 raised in this appeal

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

68. Ground No.1 raised in this appeal is identical to ground No.1 of the Revenue‟s appeal being ITA No.477/NAG/2014. Since we have dismissed the ground No.1 of the Revenue‟s appeal and answered the issue in favour of the assessee, ground No.1 raised in this appeal is also dismissed. 69. Ground No.2, 3 and 4 raised in this appeal

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

68. Ground No.1 raised in this appeal is identical to ground No.1 of the Revenue‟s appeal being ITA No.477/NAG/2014. Since we have dismissed the ground No.1 of the Revenue‟s appeal and answered the issue in favour of the assessee, ground No.1 raised in this appeal is also dismissed. 69. Ground No.2, 3 and 4 raised in this appeal