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5 results for “section 68”+ Section 189(3)clear

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Key Topics

Section 142(1)4Section 684Addition to Income3Section 1392Section 143(2)2Section 115B2Section 44A2Section 1482Section 1312Deduction

I.T.O. WARD -1, AMRAVATI vs. SHRI SANJAY NANASAHEB BHARSAKALE, AMRAVATI

In the result, the appeal of the department is rejected

ITA 81/NAG/2018[2011-2012]Status: DisposedITAT Nagpur16 Jul 2024AY 2011-2012

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

For Appellant: Shri Manoj Moriyani, AdvocateFor Respondent: Shri Abhay Y.Marathe, Sr.Dr
Section 131Section 143(1)Section 143(3)Section 148Section 250Section 269TSection 44ASection 68

3. The fact of the case of the appellant as culled out from the records as per Form 35 is as follows:- “ The appellant earns business income from lodging & restaurant, Video Game Parlour and Trading of Sand. The appellant is maintaining regular books of account and books of account were audited as per Section 44AB of the Income

2

ASSISTANT COMMISSIONER OF INCOME TAX , CIRCLE ( EXEMPTION ), NAGPUR vs. M/S SHRI DADASAHEB GAWAI , NAGPUR

In the result, appeal filed by the Revenue is dismissed

ITA 2/NAG/2018[2014-2015]Status: DisposedITAT Nagpur11 Jul 2024AY 2014-2015

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

For Appellant: Shri Manoj G. MoryaniFor Respondent: Shri Kailash C. Kanojiya
Section 115BSection 12A

68 nor section 115 BBC of the IT Act is found applicable in case of the appellant society as the appellant has duly maintained and submitted record of the identity indicating the name and address of each of the person making the said contribution. The onus to Shri Dadasaheb Gawai Charitable Trust ITA no.2/Nag./2018 prove that the apparent

SHRI KRUPA UDHYOG,AKOLA vs. DCIT AKOLA CIRCLE, AKOLA

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

ITA 139/NAG/2024[2015-16]Status: DisposedITAT Nagpur18 Nov 2024AY 2015-16

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

For Appellant: Shri S.G. GandhiFor Respondent: Shri Abhay Y. Marathe
Section 133(6)Section 44ASection 68

68 is totally absent in the present case. 6. Under the facts and in the circumstances of the case the learned Commissioner of Income Tax (Appeals)/NFAC erred in not giving any consideration to the cases relied upon and the submissions made by the assessee on the facts of the case, time to time, though the dates of submissions made

ECONOMIC EXPLOSIVES LIMITED,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 1 (2), NAGPUR

In the result, appeal for the assessment year 2018–19 filed by the assessee is partly allowed

ITA 177/NAG/2022[2017-18]Status: DisposedITAT Nagpur09 Sept 2024AY 2017-18

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

For Appellant: Shri Mani JainFor Respondent: Shri Kailash C. Kanojiya
Section 139Section 142(1)Section 143(2)

189 ITR 774) while dealing with the question as to whether the receipt is revenue receipt or capital receipt held as under: “If an amount received by an assessee could not be characterised as a trade receipt and was in the nature of a grant made by the Government not amounting to a trade receipt, receipt of such grant

ECONOMIC EXPLOSIVES LIMITED,NAGPUR vs. NATIONAL E ASSESSMENT CENTRE, NEW DELHI

In the result, appeal for the assessment year 2018–19 filed by the assessee is partly allowed

ITA 242/NAG/2023[2018-19]Status: DisposedITAT Nagpur09 Sept 2024AY 2018-19

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

For Appellant: Shri Mani JainFor Respondent: Shri Kailash C. Kanojiya
Section 139Section 142(1)Section 143(2)

189 ITR 774) while dealing with the question as to whether the receipt is revenue receipt or capital receipt held as under: “If an amount received by an assessee could not be characterised as a trade receipt and was in the nature of a grant made by the Government not amounting to a trade receipt, receipt of such grant