ALKEM LABORATORIES LIMITED,PATNA vs. ACIT, CIRCLE-1, PATNA

In the result, appeal of the assessee is treated as partly allowed for statistical purposes

reassessment or recomputation exceeds the tax on the total income determined under sub--section (1) of section 143 or on the basis of the regular assessment as referred to in sub--section (1), as the case may be.] (4) Where, as a result of an order under section 154 or section 155 or section 250 or section 254 or section

SHANKAR CONSTRUCTION,PANCHGACHIA vs. ITO, WARD-3(1), PURNEA

In the result, the appeal of the assessee is allowed

Bench: Shri Rajpal Yadav, Vice- & Shri Rajesh Kumari.T.A. No. 565/Pat/2024 Assessment Year: 2016-2017 Shankar Construction,………………..…….……Appellant Panchgachia, Panchgachia-852124, Bihar [Pan:Abofs0800R] -Vs.- Income Tax Officer,………………….……..……Respondent Ward-3(1), Purnea, Bihar Appearances By: Shri S.K. Tulsiyan, Advocate, Appeared On Behalf Of The Assessee Shri Ashok Kumar, Cit (Dr), Appeared On Behalf Of The Revenue Date Of Concluding The Hearing: October 22, 2024 Date Of Pronouncing The Order: November 18, 2024 O R D E R

191 (SC) and Narayanappa -vs.- Commissioner of Income Tax [1967] 63 ITR 219 (SC) while dealing with corresponding provisions of the Indian Income Tax Act, 1922). 9………………… 10………………. 11. As staled earlier, the reasons for the formation of the belief must have a rational connection with or relevant bearing on the formation of the belief. Rational connection postulates that there

NALANDA ENGICON PVT. LTD, PATNA,PATNA vs. PR. CIT CENTRAL, PATNA

In the result, all the appeals of the assessee are allowed as per terms indicated hereinabove

Bench: Dr. Manish Borad & Shri Sonjoy Sarmai.T.A. Nos.322 To 329/Pat/2024 Assessment Years: 2014-15 To 2021-22

191 Taxation 192 (Chd. ITAT) (f) Mrs. Khatiza S. Oomerbhoy Vs. ITO (Mum.) [2006] 100 ITD 173. (g) M/s. Balaram Manmani Vs. Asstt. CIT (Lucknow) [2006] 7 SOT 368. (h) Zyma Loboratories Ltd. Vs. Addl. CIT (Mum.) [2006] 7 SOT 164. (i) Deoniti Prasad Singh v. CIT (1947) 15 ITR 165 (Pat) : TC 15R. 1583 and C.T. Narayanan Chettiar

NALANDA ENGICON PVT. LTD, PATNA,PATNA vs. PR. CIT CENTRAL, PATNA

In the result, all the appeals of the assessee are allowed as per terms indicated hereinabove

Bench: Dr. Manish Borad & Shri Sonjoy Sarmai.T.A. Nos.322 To 329/Pat/2024 Assessment Years: 2014-15 To 2021-22

191 Taxation 192 (Chd. ITAT) (f) Mrs. Khatiza S. Oomerbhoy Vs. ITO (Mum.) [2006] 100 ITD 173. (g) M/s. Balaram Manmani Vs. Asstt. CIT (Lucknow) [2006] 7 SOT 368. (h) Zyma Loboratories Ltd. Vs. Addl. CIT (Mum.) [2006] 7 SOT 164. (i) Deoniti Prasad Singh v. CIT (1947) 15 ITR 165 (Pat) : TC 15R. 1583 and C.T. Narayanan Chettiar

NALANDA ENGICON PVT. LTD, PATNA,PATNA vs. PR. CIT (CENTRAL), PATNA

In the result, all the appeals of the assessee are allowed as per terms indicated hereinabove

Bench: Dr. Manish Borad & Shri Sonjoy Sarmai.T.A. Nos.322 To 329/Pat/2024 Assessment Years: 2014-15 To 2021-22

191 Taxation 192 (Chd. ITAT) (f) Mrs. Khatiza S. Oomerbhoy Vs. ITO (Mum.) [2006] 100 ITD 173. (g) M/s. Balaram Manmani Vs. Asstt. CIT (Lucknow) [2006] 7 SOT 368. (h) Zyma Loboratories Ltd. Vs. Addl. CIT (Mum.) [2006] 7 SOT 164. (i) Deoniti Prasad Singh v. CIT (1947) 15 ITR 165 (Pat) : TC 15R. 1583 and C.T. Narayanan Chettiar

NALANDA ENGICON PVT. LTD, PATNA,PATNA vs. PR. CIT CENTRAL, PATNA

In the result, all the appeals of the assessee are allowed as per terms indicated hereinabove

Bench: Dr. Manish Borad & Shri Sonjoy Sarmai.T.A. Nos.322 To 329/Pat/2024 Assessment Years: 2014-15 To 2021-22

191 Taxation 192 (Chd. ITAT) (f) Mrs. Khatiza S. Oomerbhoy Vs. ITO (Mum.) [2006] 100 ITD 173. (g) M/s. Balaram Manmani Vs. Asstt. CIT (Lucknow) [2006] 7 SOT 368. (h) Zyma Loboratories Ltd. Vs. Addl. CIT (Mum.) [2006] 7 SOT 164. (i) Deoniti Prasad Singh v. CIT (1947) 15 ITR 165 (Pat) : TC 15R. 1583 and C.T. Narayanan Chettiar

NALANDA ENGICON PVT. LTD, PATNA,PATNA vs. PR. CIT CENTRAL, PATNA

In the result, all the appeals of the assessee are allowed as per terms indicated hereinabove

Bench: Dr. Manish Borad & Shri Sonjoy Sarmai.T.A. Nos.322 To 329/Pat/2024 Assessment Years: 2014-15 To 2021-22

191 Taxation 192 (Chd. ITAT) (f) Mrs. Khatiza S. Oomerbhoy Vs. ITO (Mum.) [2006] 100 ITD 173. (g) M/s. Balaram Manmani Vs. Asstt. CIT (Lucknow) [2006] 7 SOT 368. (h) Zyma Loboratories Ltd. Vs. Addl. CIT (Mum.) [2006] 7 SOT 164. (i) Deoniti Prasad Singh v. CIT (1947) 15 ITR 165 (Pat) : TC 15R. 1583 and C.T. Narayanan Chettiar

NALANDA ENGICON PVT. LTD, PATNA,PATNA vs. PR. CIT CENTRAL, PATNA

In the result, all the appeals of the assessee are allowed as per terms indicated hereinabove

Bench: Dr. Manish Borad & Shri Sonjoy Sarmai.T.A. Nos.322 To 329/Pat/2024 Assessment Years: 2014-15 To 2021-22

191 Taxation 192 (Chd. ITAT) (f) Mrs. Khatiza S. Oomerbhoy Vs. ITO (Mum.) [2006] 100 ITD 173. (g) M/s. Balaram Manmani Vs. Asstt. CIT (Lucknow) [2006] 7 SOT 368. (h) Zyma Loboratories Ltd. Vs. Addl. CIT (Mum.) [2006] 7 SOT 164. (i) Deoniti Prasad Singh v. CIT (1947) 15 ITR 165 (Pat) : TC 15R. 1583 and C.T. Narayanan Chettiar

NALANDA ENGICON PVT. LTD, PATNA,PATNA vs. PR. CIT CENTRAL, PATNA

In the result, all the appeals of the assessee are allowed as per terms indicated hereinabove

Bench: Dr. Manish Borad & Shri Sonjoy Sarmai.T.A. Nos.322 To 329/Pat/2024 Assessment Years: 2014-15 To 2021-22

191 Taxation 192 (Chd. ITAT) (f) Mrs. Khatiza S. Oomerbhoy Vs. ITO (Mum.) [2006] 100 ITD 173. (g) M/s. Balaram Manmani Vs. Asstt. CIT (Lucknow) [2006] 7 SOT 368. (h) Zyma Loboratories Ltd. Vs. Addl. CIT (Mum.) [2006] 7 SOT 164. (i) Deoniti Prasad Singh v. CIT (1947) 15 ITR 165 (Pat) : TC 15R. 1583 and C.T. Narayanan Chettiar