SHRI SANJAY DHANRAJ JAIN,NAGPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(3), NAGPUR

68,000, was made on account of alleged commission income. A survey action under section 133A of the Act was also carried out at the official premises of assessee i.e., M/s. SNJ & Associates, (a Partnership Firm in which Shri Sanjay Jain, who is a Chartered Accountant, is also a Partner) situated at 1st Floor, Mangalam Icon, Ramnagar Square, Nagpur

SHRI SANJAY DHANRAJ JAIN,NAGPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(3), NAGPUR

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

68,000, was made on account of alleged commission income. A survey action under section 133A of the Act was also carried out at the official premises of assessee i.e., M/s. SNJ & Associates, (a Partnership Firm in which Shri Sanjay Jain, who is a Chartered Accountant, is also a Partner) situated at 1st Floor, Mangalam Icon, Ramnagar Square, Nagpur

SHRI SANJAY DHANRAJ JAIN,NAGPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(3), NAGPUR

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

68,000, was made on account of alleged commission income. A survey action under section 133A of the Act was also carried out at the official premises of assessee i.e., M/s. SNJ & Associates, (a Partnership Firm in which Shri Sanjay Jain, who is a Chartered Accountant, is also a Partner) situated at 1st Floor, Mangalam Icon, Ramnagar Square, Nagpur

SHRI SANJAY DHANRAJ JAIN,NAGPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(3), NAGPUR

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

68,000, was made on account of alleged commission income. A survey action under section 133A of the Act was also carried out at the official premises of assessee i.e., M/s. SNJ & Associates, (a Partnership Firm in which Shri Sanjay Jain, who is a Chartered Accountant, is also a Partner) situated at 1st Floor, Mangalam Icon, Ramnagar Square, Nagpur

SHRI SANJAY DHANRAJ JAIN,NAGPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(3), NAGPUR

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

68,000, was made on account of alleged commission income. A survey action under section 133A of the Act was also carried out at the official premises of assessee i.e., M/s. SNJ & Associates, (a Partnership Firm in which Shri Sanjay Jain, who is a Chartered Accountant, is also a Partner) situated at 1st Floor, Mangalam Icon, Ramnagar Square, Nagpur

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

249 TO 256 AND ITA 259 ΤΟ 263/ΝAG/2022 ATUL YAMSANWAR (PAN: ΑΑΕPY4543Q) 31 Umesh Sadashiv Thakre Α.Υ. 2016-17, 2017-18, 2018-19, 2019-20 & 2020-21 5 ITA/238 & 264/NAG/2022 VISHWAS CHAKNALWAR (PAN: ABDPC0828J) 6 Ν.Α. M/S A V REALITIES (PAN: ABFFA9554M) 2. With respect to the abovementioned cases, it is submitted that during the previous

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

249 TO 256 AND ITA 259 ΤΟ 263/ΝAG/2022 ATUL YAMSANWAR (PAN: ΑΑΕPY4543Q) 5 ITA/238 & 264/NAG/2022 VISHWAS CHAKNALWAR (PAN: ABDPC0828J) 6 Ν.Α. M/S A V REALITIES (PAN: ABFFA9554M) 2. With respect to the abovementioned cases, it is submitted that during the previous hearing on 18/02/2025, this office had filed written submission wherein confidential letters having F.No. Addl

SHRI SANJAY DHANRAJ JAIN,NAGPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(3), NAGPUR

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

68,000, was made on account of alleged commission income. A survey action under section 133A of the Act was also carried out at the official premises of assessee i.e., M/s. SNJ & Associates, (a Partnership Firm in which Shri Sanjay Jain, who is a Chartered Accountant, is also a Partner) 5 Shri Sanjay Dhanraj Jain ITA no.53, to 59/Nag

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

249 TO 256 AND ITA 259 ΤΟ 263/ΝAG/2022 30 Umesh Sadashiv Thakre Α.Υ. 2016-17, 2017-18, 2018-19, 2019-20 & 2020-21 5 ITA/238 & 264/NAG/2022 6 Ν.Α. VISHWAS CHAKNALWAR (PAN: ABDPC0828J) M/S A V REALITIES (PAN: ABFFA9554M) 2. With respect to the abovementioned cases, it is submitted that during the previous hearing on 18/02/2025, this

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

249 TO 256 AND ITA 259 ΤΟ 263/ΝAG/2022 Name of the Assessee M/s AVC Homes (PAN:AAZFM2044B) UMESH THAKRE (PAN: ADTPT6214B) YRCE EDUCARE PVT LTD (PAN: AAACY6482D) ATUL YAMSANWAR (PAN: ΑΑΕPY4543Q) 30 Umesh Sadashiv Thakre Α.Υ. 2016-17, 2017-18, 2018-19, 2019-20 & 2020-21 5 ITA/238 & 264/NAG/2022 6 Ν.Α. VISHWAS CHAKNALWAR (PAN: ABDPC0828J

DCIT, CIRCLE-2, NAGPUR, NAGPUR vs. NARESH LAXMINARAYAN GROVER, NAGPUR

In the result, all these three appeals for the A

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

68 of the Act. Ground is, thus, allowed.” 6. Before us, the learned Departmental Representative relied on the assessment order passed by the Assessing Officer and prayed that the impugned order passed by the learned CIT(A) be reversed. He submitted that the transactions are colourable device and corporate vial may be lifted. 7. Per–contra, the learned Authorised Representative

DCIT, CIRCLE-2, NAGPUR, NAGPUR vs. NARESH LAXMINARAYAN GROVER, NAGPUR

In the result, all these three appeals for the A

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

68 of the Act. Ground is, thus, allowed.” 6. Before us, the learned Departmental Representative relied on the assessment order passed by the Assessing Officer and prayed that the impugned order passed by the learned CIT(A) be reversed. He submitted that the transactions are colourable device and corporate vial may be lifted. 7. Per–contra, the learned Authorised Representative

DCIT, CIRCLE-2, NAGPUR, NAGPUR vs. NARESH LAXMINARAYAN GROVER, NAGPUR

In the result, all these three appeals for the A

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

68 of the Act. Ground is, thus, allowed.” 6. Before us, the learned Departmental Representative relied on the assessment order passed by the Assessing Officer and prayed that the impugned order passed by the learned CIT(A) be reversed. He submitted that the transactions are colourable device and corporate vial may be lifted. 7. Per–contra, the learned Authorised Representative

DAYAL COTSPIN LIMITED,AKOLA vs. ACIT, AKOLA CIRCLE, AKOLA

In the result, appeal filed by the assessee is allowed

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

4, is reproduced hereunder for ready reference:- “Validity of notice issued u/s 148 of I.T. Act 1961. 7 Dayal Cotspin Ltd. A) In the case of assessee regular assessment was framed u/s 143(3) on 23/03/2015 accepting income as declared. Share capital contribution received was accepted after due verification. i) Notice u/s 142(1)Seeking details of share capital

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

249 TO 256 AND ITA 259\nΤΟ 263/ΝAG/2022\nName of the Assessee\nM/s AVC Homes\n(PAN:AAZFM2044B)\nUMESH THAKRE\n(PAN: ADTPT6214B)\nYRCE EDUCARE PVT LTD\n(PAN: AAACY6482D)\nATUL YAMSANWAR\n(PAN: ΑΑΕPY4543Q)\n31\nUmesh Sadashiv Thakre\nΑ.Υ. 2016-17, 2017-18, 2018-19,\n2019-20 & 2020-21\n5\nITA/238 & 264/NAG/2022\n6\nΝ.Α.\nVISHWAS

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

249 TO 256 AND ITA 259 ATUL YAMSANWAR\nΤΟ 263/ΝAG/2022\n(PAN: ΑΑΕPY4543Q)\n31\nUmesh Sadashiv Thakre\nΑ.Υ. 2016-17, 2017-18, 2018-19,\n2019-20 & 2020-21\n5\nITA/238 & 264/NAG/2022\n6\nΝ.Α.\nVISHWAS CHAKNALWAR\n(PAN: ABDPC0828J)\nM/S A V REALITIES\n(PAN: ABFFA9554M)\n2. With respect to the abovementioned cases, it is submitted that

NAGESHWARA CHARITABLE TRUST,NAGPUR vs. INCOME TAX OFFICER, WARD-1, EXEMPTION, NAGPUR

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

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

4) Even though the section 115BBC is not applicable to the Appellant as per clause 1 above, there is addition of anonymous donations under section 115BBC. The calculation of amount is also not proper. It is based on only part donation received and not total donations received. As per section 115BBC (1) the amount brought

NAGESHWARA CHARITABLE TRUST,NAGPUR vs. ITO WD 3, EXEMP, NAGPUR, NAGPUR

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

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

4) Even though the section 115BBC is not applicable to the Appellant as per clause 1 above, there is addition of anonymous donations under section 115BBC. The calculation of amount is also not proper. It is based on only part donation received and not total donations received. As per section 115BBC (1) the amount brought

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

249 TO 256 AND ITA 259 ATUL YAMSANWAR\nΤΟ 263/ΝAG/2022\n(PAN: ΑΑΕPY4543Q)\n31\nUmesh Sadashiv Thakre\nΑ.Υ. 2016-17, 2017-18, 2018-19,\n2019-20 & 2020-21\n5\nITA/238 & 264/NAG/2022\nVISHWAS CHAKNALWAR\n(PAN: ABDPC0828J)\n6\nΝ.Α.\nM/S A V REALITIES\n(PAN: ABFFA9554M)\n2. With respect to the abovementioned cases, it is submitted that