DCIT-CC-2(1), NAGPUR, NAGPUR vs. INDRAKUMAR GHISULAL AGRAWAL, NAGPUR

In the result, appeal by the assessee stands allowed

Bench: Shri Pawan Singh & Shri Khettra Mohan Roy

section 68 of the Act. 27. The learned Departmental Representative has referred to judicial precedent in Suman Poddar which has been referred to as that of the Hon’ble Kolkata High Court. The aforesaid decision in fact is rendered by the Hon’ble Delhi High Court and is reported as 423 ITR 480 (Del). The aforesaid decision of Suman

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

206, 2nd Floor, AayakarBhawan, Civil Lines, Nagpur 440 001 F.No. Addl.CIT CR-2/NGP/Yamsanwar Gr./AMY/2021-22 Dated: 16.07.2021 CONFIDENTIAL To Sir, The Addl. Director of Income Tax (Inv.), Nagpur 2. Sub: Search u/s 132(1) conducted in Yamsanwar Group of cases note in the case of Shri Atul Manohar Yamsanwar reg.- deviation Kindly refer to the above subject. 2. Kindly

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

206, 2nd Floor, AayakarBhawan, Civil Lines, Nagpur 440 001 F.No. Addl.CIT CR-2/NGP/Yamsanwar Gr./AMY/2021-22 Dated: 16.07.2021 CONFIDENTIAL To Sir, The Addl. Director of Income Tax (Inv.), Nagpur Sub: Search u/s 132(1) conducted in Yamsanwar Group of cases deviation note in the case of Shri Atul Manohar Yamsanwar reg.- Kindly refer to the above subject. 2. Kindly find

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

206, 2nd Floor, AayakarBhawan, Civil Lines, Nagpur 440 001 F.No. Addl.CIT CR-2/NGP/Yamsanwar Gr./AMY/2021-22 Dated: 16.07.2021 CONFIDENTIAL To 2. Sir, The Addl. Director of Income Tax (Inv.), Nagpur Sub: Search u/s 132(1) conducted in Yamsanwar Group of cases - deviation note in the case of Shri Atul Manohar Yamsanwar reg.- Kindly refer to the above subject. Kindly find

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

206, 2nd Floor, AayakarBhawan, Civil Lines, Nagpur 440 001 F.No. Addl.CIT CR-2/NGP/Yamsanwar Gr./AMY/2021-22 Dated: 16.07.2021 CONFIDENTIAL To Sir, The Addl. Director of Income Tax (Inv.), Nagpur Sub: Search u/s 132(1) conducted in Yamsanwar Group of cases deviation note in the case of Shri Atul Manohar Yamsanwar reg.- Kindly refer to the above subject. 2. Kindly find

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

206, 2nd Floor, AayakarBhawan,\nCivil Lines, Nagpur 440 001\nF.No. Addl.CIT CR-2/NGP/Yamsanwar Gr./AMY/2021-22\nDated: 16.07.2021\nCONFIDENTIAL\nTo\nSir,\nThe Addl. Director of Income Tax (Inv.),\nNagpur\nSub: Search u/s 132(1) conducted in Yamsanwar Group of cases\nnote in the case of Shri Atul Manohar Yamsanwar reg.-\ndeviation\n2.\nKindly refer to the above subject.\nKindly find

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

206, 2nd Floor, AayakarBhawan,\nCivil Lines, Nagpur 440 001\nF.No. Addl.CIT CR-2/NGP/Yamsanwar Gr./AMY/2021-22\nDated: 16.07.2021\nCONFIDENTIAL\nTo\nSir,\nThe Addl. Director of Income Tax (Inv.),\nNagpur\n2.\nSub: Search u/s 132(1) conducted in Yamsanwar Group of cases\nnote in the case of Shri Atul Manohar Yamsanwar reg.-\ndeviation\nKindly refer to the above subject.\nKindly find

SHRI VISHWAKARAMA JEWELLERS ,AKOLA vs. DCIT AKOLA CIRCLE, AKOLA

In the result, assessee’s appeal is allowed

Bench: Shri Narender Kumar Choudhry & Shri K.M. Roy, Accountant, Member

206 6 Shri Vishwakarma Jewellers ITA no.99/Nag./2025 ITD 289, and had propounded their meticulous findings as narrated below vide their judgment dated 23/01/2024. “13. Heard. To appreciate the aforesaid rival positions, we refer to the provisions of Section 69A of the Act. Section 69A provides that where in any financial year the Assessee is found

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCEL-2(2), NAGPUR vs. AJAY VISHANDAS KAMNANI, NAGPUR

In the result, appeal filed by the Revenue is dismissed

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

206 187,714,155 6,372,490 3.39 2018–19 221,608,352 241,335,770 3,876,403 1.61

ACIT, CIRCLE- 3, NAGPUR vs. M/S SOLARIES HOLDING LTD.,, NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Shri Sandeep Gosain, Jm & Shri Arun Khodpia, Am Assessment Year: 2008-2009 The Acit Vs. M/S. Solaries Holdings Ltd. Circle-3, Thapar House, 124, Nagpur Janpath, New Delhi Panno.:Aahcs 59040 B Appellant Respondent Revenue By :Shripiyushkolhe (Cit-Dr) Assessee By: Shri K.P. Dewani (Adv.) Date Of Hearing: 18/04/2022 Date Of Pronouncement: 28/06/2022 Order Per: Sandeep Gosain, J.M. This Appeal Has Been Filed By The Department Against The Order Of The Ld. Cit-Ii, Nagpur Dated 01/09/2014 Passed U/S 143(3) Of The Income Tax Act, 1961 For The A.Y. 2008-09 Wherein The Department Has Raised The Following Grounds Of Appeal.

68,693/ which have a direct nexus to sales of Rs 23,24,50,899/ as appearing in the audited Profit and loss account and the profit earned on the said transaction comes to Rs.7,82,206/ -. 10.11 It is on the basis of the above facts that ITO Unit-V(3) New Delhi

ACIT ,CIRCLE (EXEMPTION ),NAGPUR , NAGPUR vs. M/S SIPNA SHIKSHAN PRASARAK MANDAL ,AMRAVAI , AMRAVATI

In the result, the appeal filed by the Department is dismissed

Bench: Shri Sandeep Gosain, Jm & Shri Arun Khodpia, Am Assessment Year: 2013-14 The Acit, Vs. M/S. Sipnashikshan Prasarak Mandal Circle (Exemption), Badnera Road Amravati Amravati Pan No.:Aacts 1266 J Appellant Respondent Revenue By :Shripiyushkolhe (Cit-Dr) Assessee By: Shrihimeshdemble (Ca) Date Of Hearing: 26/04/2022 Date Of Pronouncement: 28/06/2022 Order Per: Sandeep Gosain, J.M. This Appeal Has Been Filed By The Department Against The Order Of The Ld. Cit (A)-4, Nagpur Dated 27/03/2017 Passed U/S 143(3) Of The Income Tax Act, 1961 For The A.Y. 2013-14 Wherein The Department Has Raised The Following Grounds Of Appeal.

68,475/- is confirmed and the AO is directed to delete the remaining addition. 15. I have considered the facts of the case, the material on record and judicial precedence relied upon by the applicant and appellant’s submission. The appellant has maintained details of name and addressed of the donors and has submitted the same to the A.O. Looking

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

206, 2nd Floor, AayakarBhawan,\nCivil Lines, Nagpur 440 001\nF.No. Addl.CIT CR-2/NGP/Yamsanwar Gr./AMY/2021-22\nDated: 16.07.2021\nCONFIDENTIAL\nTo\n2.\nSir,\nThe Addl. Director of Income Tax (Inv.),\nNagpur\nSub: Search u/s 132(1) conducted in Yamsanwar Group of cases\nnote in the case of Shri Atul Manohar Yamsanwar reg.-\nKindly refer to the above subject.\ndeviation\nKindly find

ACIT, CIRCLE -1, NAGPUR vs. SMT DESHA DEVEN MALVIYA L/H OF LATE SHRI DEVEN MALVIYA, NAGPUR

Bench: Shri Satbeer Singh Godara & Dr. Dipak Ripote

section as such. On the facts and circumstances of the case and in law, the addition as held to be made U/s 69 makes the entire addition made by the AO illegal and liable to be deleted as per law. 3. The addition made by the AO, if held to be made U/s 68

ACIT, CIRCLE-1, NAGPUR vs. SMT DISHA DEVEN MALVIYA L/H OF LATE SHRI DEVEN MALVIYA , NAGPUR

Bench: Shri Satbeer Singh Godara & Dr. Dipak Ripote

section as such. On the facts and circumstances of the case and in law, the addition as held to be made U/s 69 makes the entire addition made by the AO illegal and liable to be deleted as per law. 3. The addition made by the AO, if held to be made U/s 68

ACIT, CIRCLE-1, NAGPUR vs. SMT DISHA DEVEN MALVIYA , NAGPUR

Bench: Shri Satbeer Singh Godara & Dr. Dipak Ripote

section as such. On the facts and circumstances of the case and in law, the addition as held to be made U/s 69 makes the entire addition made by the AO illegal and liable to be deleted as per law. 3. The addition made by the AO, if held to be made U/s 68

HIGH RISE CONSTRUCTION,NAGPUR vs. I.T.O. WARD 1(5), NAGPUR

In the result this appeal by the assessee is allowed for statistical purposes

Bench: Shri Shamim Yahya.

section 80IB(10)(f) of the Act. Learned counsel submitted that the said provision was not applicable to the assessee. In this regard learned counsel submitted the following in the form of paper book in support of his contentions : Copy of detailed submissions filed before AO PB Page 1 to 5. Copy of Audit Report Form 10CCB PB Page