NEHA VERMA,PATNA vs. ACIT CENTRAL CIRCLE 1, LOKNAYAK BHAWAN

In the result, all the appeals of assessee in ITA No

Bench: Shri Rajpal Yadav, Vp & Shri Dr. Manish Borad, Am

37,418/-. We also noticed that the net profit rate declared by the assessee is approx. 21.31 %, which is much higher than the minimum net profit rate required to be offered by the assessee for falling under the Provisions of Section 44AD of the Act. We also observe that the income ITA Nos. 232 to 237/Pat/2023 Neha Verma; A.Ys

NEHA VERMA,PATNA vs. ACIT CENTAL CIRCLE-1, PATNA

In the result, all the appeals of assessee in ITA No

Bench: Shri Rajpal Yadav, Vp & Shri Dr. Manish Borad, Am

37,418/-. We also noticed that the net profit rate declared by the assessee is approx. 21.31 %, which is much higher than the minimum net profit rate required to be offered by the assessee for falling under the Provisions of Section 44AD of the Act. We also observe that the income ITA Nos. 232 to 237/Pat/2023 Neha Verma; A.Ys

NEHA VERMA,PATNA vs. ACIT CENTRAL CIRCLE -1, PATNA

In the result, all the appeals of assessee in ITA No

Bench: Shri Rajpal Yadav, Vp & Shri Dr. Manish Borad, Am

37,418/-. We also noticed that the net profit rate declared by the assessee is approx. 21.31 %, which is much higher than the minimum net profit rate required to be offered by the assessee for falling under the Provisions of Section 44AD of the Act. We also observe that the income ITA Nos. 232 to 237/Pat/2023 Neha Verma; A.Ys

NEHA VERMA,PATNA vs. ACIT CENTRAL CIRCLE 1, PATNA

In the result, all the appeals of assessee in ITA No

Bench: Shri Rajpal Yadav, Vp & Shri Dr. Manish Borad, Am

37,418/-. We also noticed that the net profit rate declared by the assessee is approx. 21.31 %, which is much higher than the minimum net profit rate required to be offered by the assessee for falling under the Provisions of Section 44AD of the Act. We also observe that the income ITA Nos. 232 to 237/Pat/2023 Neha Verma; A.Ys

I.T.O. vs. M/S KUMAR CONSTRUCLTION,

In the result, the appeal of the Revenue is partly allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

37,63,600/- 1. 2. Sri Janak Kumar Singh 43,30,000/- 3. Sri Baramdev Yadav 28,60,400/- 4. Sri Ashok Yadav 32,56,424/- 5. Sri Manish Kumar 1,00,000/- ___________________ Total: 1,43,10,424/- ___________________ 13. It is pertinent to mention here that the assessee has not shown this expense separately, in its audit report

ARYAN FLAVOURS,NOIDA vs. DC/AC CIRCLE-1, MUZAFFARPUR

In the result the appeal of the assessee is allowed

Bench: Shri Duvvuru Rl Reddy, Vp & Shri Rajesh Kumar, Am Ita No. 369 /Pat/2025 ( Asstt. Year: 2018-19) Aryan Flavours Vs Dc/Ac Circle-1, Patna B-8, Sector-6, Noida, Gautam Muzaffarpur, Muzaffarpur, Bihar Buddha Nagar, Noida, Noida, Up- 201301 Patna. (Appellant) (Respondent) Pan No. Aabfa3538J Assessee By : Sh. Sanjeev Kr. Anwar, Adv. Revenue By : Sh. Ashwani Kr. Singal, Jcit. Date Of Hearing : 24.11.2025 Date Of Pronouncement : 23.02.2026 Order Per Rajesh Kumar, Am:

depreciation @ 10% on the said expenditure. 3. In the appellate proceedings, the learned CIT (A) dismissed the appeal of the assessee on this issue by noting that the said expenditure was not allowable under the provisions of section 37(1

JOINT COMMISSIONER INCOME-TAX(IN-SITU), CIRCLE-1, PATNA, PATNA vs. NORTH BIHAR POWER DISTRIBUTION COMPANY LIMITED, PATNA

In the result, the appeals of the Revenue and COs of the\nassessee are dismissed

depreciation is calculated on the reduced value of fixed assets. The\nAO however noted that no corroborative documentary evidence was filed in\nrespect of the above contention. Therefore, the interest amount on grant\npartakes the nature of revenue receipt and is to be accounted accordingly.\nTherefore, the addition of Rs. 28,78,62,239/- was made.\n6.4. We therefore find

ACIT, CIRCLE-1, PATNA vs. BIHAR KSHETRIYA GRAMIN BANK, MUNGER

In the result, the appeal of the revenue is dismissed

Bench: Dr. Manish Borad & Shri Sonjoy Sarma]

37,74,508/- but bills for an amount of Rs. 1,36,11,905/- could be filed and remaining amount of Rs. 1,62,603/- were not able to filed by the assessee. Similarly, in relation to furniture & fixtures, bills were not produced for an amount of Rs. 17,85,223/-. Accordingly, the ld. AO reduced the depreciation claimed

NORTH BIHAR POWER DISTRUBUTION CO. LTD,PATNA vs. PR. CIT-1, PATNA

In the result, appeal of the assessee is allowed

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2017-18

1. In the captioned case. a proposal for revision (u/s. 263 of the Income Tax Act was submitted following the Audit objection made in the case by the Revenue Audit Party 2 The Revenue Audit Party has noted that the depreciation claimed by the assessee as per Income Tax Act was Rs.3430268910/· less than the depreciation claimed as per Companies

ASHOK KUMAR,BHOJPUR vs. ITO, WARD-1, ARA

In the result, the appeal of the assessee is partly allowed as indicated above

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

1 SOT 541 and Jodhpur Bench in the case of ITO Vs Kundanmal Surana (2004)3 SOT 632 as well as by the Hon’ble ITAT, Lucknow Bench in the case of M/S M. A. Builders Pvt. Ltd, vs Department Of Income Tax ITA NO.564/LKW/2011 11. In view of the aforesaid wherein the only material available

ARUN CONSTRUCTION,BHAGALPUR vs. ACIT, CIRCLE-1, BHAGALPUR

In the result, all the appeals (ITA Nos

37,4451- being income from other sources. The resorting of the provisions of section 147 / 148 is arbitrary, unjustified, void ab-initio and bad in law. In any case, the assessment as completed u/s 143(3) rws 147 of the I T. Act, 1961 is fit to be annulled 1 cancelled. 2.2 For that this is a case of change

ARUN CONSTRUCTION,BHAGALPUR vs. ACIT, CIRCLE-1, BHAGALPUR

In the result, all the appeals (ITA Nos

37,4451- being income from other sources. The resorting of the provisions of section 147 / 148 is arbitrary, unjustified, void ab-initio and bad in law. In any case, the assessment as completed u/s 143(3) rws 147 of the I T. Act, 1961 is fit to be annulled 1 cancelled. 2.2 For that this is a case of change

JCIT(IN-SITU), CIRCLE-1, PATNA., PATNA vs. NORTH BIHAR POWER DISTRIBUTION COMPANY LIMITED, PATNA

In the result, the appeals of the Revenue and COs of the\nassessee are dismissed

depreciation is calculated on the reduced value of fixed assets. The\nAO however noted that no corroborative documentary evidence was filed in\nrespect of the above contention. Therefore, the interest amount on grant\npartakes the nature of revenue receipt and is to be accounted accordingly.\nTherefore, the addition of Rs. 28,78,62,239/- was made.\n6.4. We therefore find

DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE-1, PATNA, PATNA vs. NORTH BIHAR POWER DISTRIBUTION COMPANY LIMITED, PATNA

In the result, the appeals of the Revenue and COs of the assessee are dismissed

Bench: Shri Duvvuru Rl Reddy, Vp & Shri Rajesh Kumar, Am

depreciation is calculated on the reduced value of fixed assets. The AO however noted that no corroborative documentary evidence was filed in respect of the above contention. Therefore, the interest amount on grant partakes the nature of revenue receipt and is to be accounted accordingly. Therefore, the addition of Rs. 28,78,62,239/- was made. 6.4. We therefore find