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

income of the assessee which is in para 5.1 as read as under: “5.1 Ground no. 6: In this ground, the appellant has contested the addition of Rs. 28,78,62,239/- on account of undisclosed interest on state funded 9 ITA No.99/Pat./2025 and CO No.04/Pat/25 ITA No.140/Pat/2025 and CO.No.05/ Pat/2025 ITA No.234/Pat/2025 and CO.No.08/Pat/ 2025 scheme

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

income of the\nassessee which is in para 5.1 as read under:\n\"5.1\nGround no. 6: In this ground, the appellant has contested the\naddition of Rs. 28,78,62,239/- on account of undisclosed interest on state funded\nscheme. The issue is discussed on page 3 of the assessment order by the AO. The\nfunds received for BRGF

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

income of the\nassessee which is in para 5.1 as read under:\n\"5.1\nGround no. 6: In this ground, the appellant has contested the\naddition of Rs. 28,78,62,239/- on account of undisclosed interest on state funded\nscheme. The issue is discussed on page 3 of the assessment order by the AO. The\nfunds received for BRGF

SRIRAM ENTERPRISES,PATNA vs. PCIT (CENTRAL), PATNA

In the result, the appeal of the assessee is allowed

Bench: Dr. Manish Borad & Shri Sonjoy Sarmai.T.A. No. 76/Pat/2023 Assessment Year: 2018-2019 Sriram Enterprises,………………………..........Appellant C/O. Nirmal & Associates, Nepali Kothi, Opposite Gasoline Petrol Pump, Boring Road, Patna-800001 [Pan:Aarfs8853J] -Vs.- Principal Commissioner Of Income Tax (Central), Patna,…………………………………..……………..Respondent, Bihar-800001 Appearances By: Shri Nishant Maitin, C.A., Appeared On Behalf Of The Assessee Md. A.H. Chowdhary, Cit (D.R.), Appeared On Behalf Of The Revenue Date Of Concluding The Hearing : 5Th March, 2024 Date Of Pronouncing The Order: May 8Th, 2024 O R D E R

undisclosed investment as it is not disclosed in your balance sheet. 24 Assessment Year: 2018-2019 Sriram Enterprises 3. The building was valued by the Registered Valuer at Rs. 2.71 crores, please furnish its valuation as per books of account and explain the difference, if any. 17. During course of survey cash amounting Rs. 16,76,500/- was found. Since

ACIT, CIRCLE-4, PATNA vs. SH. SURESH , PATNA

depreciated on account of going various litigations. It is submitted that the circle municipal value shown in the sale deed is merely for the limited purpose calculation of stamp duty by the state government. The assessee was engaged in legal dispute over the title of the immovable property in question. Due to dispute attached to the property the assessee