ATUL MANOHARRAO YAMSANWAR,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE 2(1), NAGPUR

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

202 757 प्राप्त 18 AUG 2021 To, The Asstt. Commissioner of Income-Tax Central Circle -2(1), Nagpur 2. Sub.: Approval U/s 153D of the I.T. Act in the case of M/s YRCE Educare Pvt. Ltd., PAN: AAACY6482D for A.Y. 2018-19 - reg. Ref.: Letter F.No. ACIT.Cen.Cir-2(1)/NGP/Yamsanwar Gr./Draft/21-22 dated 29.07.2021 Please refer to the above

UMESH SADASHIV THAKRE ,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(1), NAGPUR

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

202 प्राप्त 757 To, The Asstt. Commissioner of Income-Tax Central Circle -2(1), Nagpur 2. Sub.: Approval U/s 153D of the I.T. Act in the case of M/s YRCE Educare Pvt. Ltd., PAN: AAACY6482D for A.Y. 2018-19 - reg. Ref.: Letter F.No. ACIT.Cen.Cir-2(1)/NGP/Yamsanwar Gr./Draft/21-22 dated 29.07.2021 Please refer to the above. I have perused

UMESH SADASHIV THAKRE ,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(1), NAGPUR

202 प्राप्त 757 2. Sub.: Approval U/s 153D of the I.T. Act in the case of M/s YRCE Educare Pvt. Ltd., PAN: AAACY6482D for A.Y. 2018-19 - reg. Ref.: Letter F.No. ACIT.Cen.Cir-2(1)/NGP/Yamsanwar Gr./Draft/21-22 dated 29.07.2021 Please refer to the above. I have perused the draft assessment order submitted by you in the case of M/s YRCE

ATUL MANOHARRAO YAMSANWAR,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE 2(1), NAGPUR

202 757 2. Sub.: Approval U/s 153D of the I.T. Act in the case of M/s YRCE Educare Pvt. Ltd., PAN: AAACY6482D for A.Y. 2018-19 - reg. Ref.: Letter F.No. ACIT.Cen.Cir-2(1)/NGP/Yamsanwar Gr./Draft/21-22 dated 29.07.2021 Please refer to the above. I have perused the draft assessment order submitted by you in the case of M/s YRCE Educare

YRCE EDUCATE PVT. LTD,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(1), NAGPUR

202\nप्राप्त\n757\nTo,\nThe Asstt. Commissioner of Income-Tax\nCentral Circle -2(1), Nagpur\n2.\nSub.: Approval U/s 153D of the I.T. Act in the case of M/s YRCE\nEducare Pvt. Ltd., PAN: AAACY6482D for A.Y. 2018-19 - reg.\nRef.: Letter\nF.No.\nACIT.Cen.Cir-2(1)/NGP/Yamsanwar\nGr./Draft/21-22 dated 29.07.2021\nPlease refer to the above.\nI have perused

ATUL MANOHARRAO YAMSANWAR,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE 2(1), NAGPUR

202\n2.\nSub.: Approval U/s 153D of the I.T. Act in the case of M/s YRCE\nEducare Pvt. Ltd., PAN: AAACY6482D for A.Y. 2018-19 - reg.\nRef.: Letter\nF.No.\nACIT.Cen.Cir-2(1)/NGP/Yamsanwar\nGr./Draft/21-22 dated 29.07.2021\nPlease refer to the above.\nI have perused the draft assessment order submitted by you in the case of M/s\nYRCE Educare

ACIT-CENTRAL CIRCLE -2(1), NAGPUR vs. SHRI NANDKUMAR KHATTUMAL HARCHANDANI , NAGPUR

In the result, appeal of the Revenue stands dismissed

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

68 of the Act made and confirmed by the authorities below to be unsustainable and therefore, directed the AO to deleted the said addition and accept the LTCG income shown as exempt under section 10(38) of the Act. 4. (2015) 281 CTR 241 (SC) Andaman Timber Industries –Vs- Commissioner Of Central Excise Not allowing assessee to cross-examine

NARESH VASANTRAI TRIVEDI,NAGPUR vs. ACIT, CENTRAL CIRCLE 1(3), NAGPUR

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

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

section 24 of the Act to the extent of 30% is allowable on such income and so the net addition may be restricted to ` 88,309, as income from house property. Upon careful consideration and analysis of the material and evidence on record, the addition is restricted to ` 88,309, as income from house property and ` 25,202, towards

NARESH VASANTRAI TRIVEDI,NAGPUR vs. ACIT, CENTRAL CIRCLE 1(3), NAGPUR

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

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

section 24 of the Act to the extent of 30% is allowable on such income and so the net addition may be restricted to ` 88,309, as income from house property. Upon careful consideration and analysis of the material and evidence on record, the addition is restricted to ` 88,309, as income from house property and ` 25,202, towards

NARESH VASANTRAJ TRIVEDI,NAGPUR vs. ACIT, CENTRAL CIRCLE 1(3), NAGPUR

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

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

section 24 of the Act to the extent of 30% is allowable on such income and so the net addition may be restricted to ` 88,309, as income from house property. Upon careful consideration and analysis of the material and evidence on record, the addition is restricted to ` 88,309, as income from house property and ` 25,202, towards

NARESH VASANTRAI TRIVEDI,NAGPUR vs. ACIT, CENTRAL CIRCLE 1(3), NAGPUR

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

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

section 24 of the Act to the extent of 30% is allowable on such income and so the net addition may be restricted to ` 88,309, as income from house property. Upon careful consideration and analysis of the material and evidence on record, the addition is restricted to ` 88,309, as income from house property and ` 25,202, towards

UMESH SADASHIV THAKRE ,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(1), NAGPUR

202\nप्राप्त\n757\n2.\nSub.: Approval U/s 153D of the I.T. Act in the case of M/s YRCE\nEducare Pvt. Ltd., PAN: AAACY6482D for A.Y. 2018-19 - reg.\nRef.: Letter F.No. ACIT.Cen.Cir-2(1)/NGP/Yamsanwar\nGr./Draft/21-22 dated 29.07.2021\nPlease refer to the above.\nI have perused the draft assessment order submitted by you in the case of M/s\nYRCE

ARCHANA VIDYANIKETAN LAKHPURI ,AKOLA vs. ACIT-CPC-TDS, GHAZIABAD

Bench: Shri S. S. Godara

section 273B of the Act and we finding force in the argument of the Revenue, are of the considered view that, l evy of late fe pr escribed u /s 234E is mandatory and consequential in nature, therefore, the same canot be deleted on the ground of reasonable cause as explained by the apelant, thus the ground stands adjudicated

ARCHANA VIDYANIKETAN LAKHPURI ,AKOLA vs. ACIT-CPC-TDS, GHAZIABAD

Bench: Shri S. S. Godara

section 273B of the Act and we finding force in the argument of the Revenue, are of the considered view that, l evy of late fe pr escribed u /s 234E is mandatory and consequential in nature, therefore, the same canot be deleted on the ground of reasonable cause as explained by the apelant, thus the ground stands adjudicated

M/S MANASVI PROJECTS PRIVATE LIMITED ,MUMBAI vs. ACIT-CPC, GAZIABAD

Bench: Shri S. S. Godara

section 273B of the Act and we finding force in the argument of the Revenue, are of the considered view that, l evy of late fe pr escribed u /s 234E is mandatory and consequential in nature, therefore, the same canot be deleted on the ground of reasonable cause as explained by the apelant, thus the ground stands adjudicated

ADILOK VIDYALAYA BODUNDA,GONDIA vs. INCOME TAX OFFICER WARD 2(4), BHANDARA

Bench: Shri S. S. Godara

section 273B of the Act and we finding force in the argument of the Revenue, are of the considered view that, l evy of late fe pr escribed u /s 234E is mandatory and consequential in nature, therefore, the same canot be deleted on the ground of reasonable cause as explained by the apelant, thus the ground stands adjudicated

M/S VATSALYA BUILDERS ,NAGPUR vs. ASSISTANT COMISSIONER OF INCOME TAX CENTARL CIRCLE 1(2), NAGPUR

In the result, the appeal filed by the assessee in ITA

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Raviआयकर अपील सं. / Ita Nos.85 To 87 & 210/Nag/2018 िनधा"रण वष" / Assessment Years : 2011-12 To 2014-15 M/S. Vatsalya Builders & Vs. Acit, Central Circle- Developers Pvt. Ltd., 1(2), Nagpur. 202, Ganesh Chambers, Dhantoli, Nagpur- 440012. Pan : Aabcv6745K Appellant Respondent Assessee By : Shri Mukesh Agrawal Revenue By : Shri Kailash G. Kanojiya Date Of Hearing : 17.10.2023 Date Of Pronouncement : 31.10.2023 आदेश / Order Per Inturi Rama Rao, Am : These Are The Appeals Filed By The Assessee Directed Against The Different Orders Of Ld. Commissioner Of Income Tax (Appeals)- 3, Nagpur [‘The Cit(A)’] Dated 26.02.2018 & 22.06.2018 For The Assessment Years 2011-12 To 2014-15 Respectively. 2. Since The Identical Facts & Common Issues Are Involved In All The Above Captioned Four Appeals Of The Assessee, We Proceed To Dispose Of The Same By This Common Order. 3. For The Sake Of Convenience & Clarity, The Facts Relevant To The Appeal In Ita No.85/Nag/2018 For The Assessment Year 2011-12 Are Stated Herein.

202, Ganesh Chambers, Dhantoli, Nagpur- 440012. PAN : AABCV6745K Appellant Respondent Assessee by : Shri Mukesh Agrawal Revenue by : Shri Kailash G. Kanojiya Date of hearing : 17.10.2023 Date of pronouncement : 31.10.2023 आदेश / ORDER PER INTURI RAMA RAO, AM : These are the appeals filed by the assessee directed against the different orders of ld. Commissioner of Income Tax (Appeals)- 3, Nagpur

M/S VATSALYA BUILDERS & DEVELOPMENT PVT LTD ,NAGPUR vs. ACIT CENTRAL CIRCLE1(2), NAGPUR

In the result, the appeal filed by the assessee in ITA

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Raviआयकर अपील सं. / Ita Nos.85 To 87 & 210/Nag/2018 िनधा"रण वष" / Assessment Years : 2011-12 To 2014-15 M/S. Vatsalya Builders & Vs. Acit, Central Circle- Developers Pvt. Ltd., 1(2), Nagpur. 202, Ganesh Chambers, Dhantoli, Nagpur- 440012. Pan : Aabcv6745K Appellant Respondent Assessee By : Shri Mukesh Agrawal Revenue By : Shri Kailash G. Kanojiya Date Of Hearing : 17.10.2023 Date Of Pronouncement : 31.10.2023 आदेश / Order Per Inturi Rama Rao, Am : These Are The Appeals Filed By The Assessee Directed Against The Different Orders Of Ld. Commissioner Of Income Tax (Appeals)- 3, Nagpur [‘The Cit(A)’] Dated 26.02.2018 & 22.06.2018 For The Assessment Years 2011-12 To 2014-15 Respectively. 2. Since The Identical Facts & Common Issues Are Involved In All The Above Captioned Four Appeals Of The Assessee, We Proceed To Dispose Of The Same By This Common Order. 3. For The Sake Of Convenience & Clarity, The Facts Relevant To The Appeal In Ita No.85/Nag/2018 For The Assessment Year 2011-12 Are Stated Herein.

202, Ganesh Chambers, Dhantoli, Nagpur- 440012. PAN : AABCV6745K Appellant Respondent Assessee by : Shri Mukesh Agrawal Revenue by : Shri Kailash G. Kanojiya Date of hearing : 17.10.2023 Date of pronouncement : 31.10.2023 आदेश / ORDER PER INTURI RAMA RAO, AM : These are the appeals filed by the assessee directed against the different orders of ld. Commissioner of Income Tax (Appeals)- 3, Nagpur

M/S VATSALYA BUILDERS & DEVELOPMENT PVT LTD ,NAGPUR vs. ACIT CENTRAL CIRCLE1(2), NAGPUR

In the result, the appeal filed by the assessee in ITA

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Raviआयकर अपील सं. / Ita Nos.85 To 87 & 210/Nag/2018 िनधा"रण वष" / Assessment Years : 2011-12 To 2014-15 M/S. Vatsalya Builders & Vs. Acit, Central Circle- Developers Pvt. Ltd., 1(2), Nagpur. 202, Ganesh Chambers, Dhantoli, Nagpur- 440012. Pan : Aabcv6745K Appellant Respondent Assessee By : Shri Mukesh Agrawal Revenue By : Shri Kailash G. Kanojiya Date Of Hearing : 17.10.2023 Date Of Pronouncement : 31.10.2023 आदेश / Order Per Bench : These Are The Appeals Filed By The Assessee Directed Against The Different Orders Of Ld. Commissioner Of Income Tax (Appeals)- 3, Nagpur [‘The Cit(A)’] Dated 26.02.2018 & 22.06.2018 For The Assessment Years 2011-12 To 2014-15 Respectively. 2. Since The Identical Facts & Common Issues Are Involved In All The Above Captioned Four Appeals Of The Assessee, We Proceed To Dispose Of The Same By This Common Order. 3. For The Sake Of Convenience & Clarity, The Facts Relevant To The Appeal In Ita No.85/Nag/2018 For The Assessment Year 2011-12 Are Stated Herein.

202, Ganesh Chambers, Dhantoli, Nagpur- 440012. PAN : AABCV6745K Appellant Respondent Assessee by : Shri Mukesh Agrawal Revenue by : Shri Kailash G. Kanojiya Date of hearing : 17.10.2023 Date of pronouncement : 31.10.2023 आदेश / ORDER PER BENCH : These are the appeals filed by the assessee directed against the different orders of ld. Commissioner of Income Tax (Appeals)- 3, Nagpur [‘the CIT(A)’] dated