ACIT, CENTRAL CIRCLE-3, PATNA vs. BROADSON COMMODITIES PVT LTD, DHANBAD

In the result, both the appeals of Revenue are dismissed, whereas the Cross Objections filed by the assessee are allowed

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

credit. Apart from this addition, he further observed that a document inventorized as GIB- 12, page no. 8 recovered during the search conducted on Subhash Prasad Yadav Group cases. A perusal of this document would reveal that a sum of Rs.5,50,00,000/- has been transferred to Shri Sanjay Singh (PAN has been given by the ld. Assessing Officer

ACIT, CENTRAL CIRCLE-3, PATNA vs. BROADSON COMMODITIES PVT LTD, DHANBAD

In the result, both the appeals of Revenue are dismissed, whereas the Cross Objections filed by the assessee are allowed

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

credit. Apart from this addition, he further observed that a document inventorized as GIB- 12, page no. 8 recovered during the search conducted on Subhash Prasad Yadav Group cases. A perusal of this document would reveal that a sum of Rs.5,50,00,000/- has been transferred to Shri Sanjay Singh (PAN has been given by the ld. Assessing Officer

ZAIMUR RAHMAN,EAST CHAMPARAN vs. INCOME TAX DEPARTMENT, NFAC, DELHI

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

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishra

unexplained cash credit under section 68 read with section 115BBE of the Act and assessed the same under the Act. I.T.A. No.: 321/PAT/2025 Assessment Year: 2015-16 Zaimur Rahman. 11. For that the ld. Commissioner of Income Tax (Appeal) as well as the ld. assessing officer, without giving any opportunity, much less sufficient opportunity, has erred in holding that Rs.11

PUNRASAR JUTE PARK LIMITED,PURNEA vs. CIT, PURNEA

In the result, the appeal of the assessee is allowed

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

unexplained cash credit. 6. The assessee challenged the reopening being bad in law and illegal before the ld. CIT(Appeals) stating that all the information relating to the alleged cash credits have been examined by the ld. Assessing Officer in the proceeding under section 143(3) of the Act and there being no fresh information /material with the ld. Assessing

ANIL KUMAR,WEST CHAMPARAN vs. ITO, WARD- 1 (5), BETTIAH

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

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

cash deposited in the bank accounts after taking composite peak credit and giving set off of opening balance and ₹7,34,954/- on account of unexplained credit deposited in the bank account with the Axis Bank and the total income was assessed at ₹37,43,645/-. Aggrieved with the assessment order, the assessee filed an appeal before

ANIL KUMAR,WEST CHAMPARAN vs. ITO, WARD- 1 (5), BETTIAH

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

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

cash deposited in the bank accounts after taking composite peak credit and giving set off of opening balance and ₹7,34,954/- on account of unexplained credit deposited in the bank account with the Axis Bank and the total income was assessed at ₹37,43,645/-. Aggrieved with the assessment order, the assessee filed an appeal before

PRABHU DAYAL BHARTIYA ,PATNA vs. DC/AC CIRCLE-4, PATNA, PATNA

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

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishrai.T.A. No.372/Pat/2025 Assessment Year: 2013-14 Prabhu Dayal Bhartiya (Huf)….………. …………………....Appellant 701, Shanti Kunj, Chajjubagh, Patna, Bihar- 800001.. [Pan: Aachp7738Q] Vs. Dc/Ac, Circle-4, Patna…....…..……………..………………….…..... Respondent Appearances By: None Appeared On Behalf Of The Appellant. Shri Ashwani Kr. Singal, Jcit, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : October 14, 2025 Date Of Pronouncing The Order : October 15, 2025 आदेश / Order Per Sonjoy Sarma: This Appeal Is Directed By The Assessee Against The Order Dated 16.07.2025 Passed By The Nfac Under Section 250 Of The Income-Tax Act, 1961. 2. Brief Facts Of The Case Are That The Assessee, A Hindu Undivided Family (Huf), Filed Its Return Of Income For The Assessment Year 2013– 14 Declaring A Total Income Of ₹6,120/-. The Case Was Reopened Under Section 147 Of The Income-Tax Act, 1961 On The Basis Of Information Received From The Investigation Wing That The Assessee Was A Beneficiary Of Accommodation Entries In The Form Of Long-Term Capital Gains (Ltcg) From The Sale Of Shares Amounting To ₹55,16,804/- Received From M/S. Aayan Commercial Pvt. Ltd. & Its Associate Concerns. It

reassessment proceedings, the assessee failed to substantiate the genuineness of the share transactions and could not furnish documentary evidence in support of the credits appearing in its books. The Assessing Officer, therefore, treated the amount of ₹44,45,694/- as unexplained cash

A V ISPAT PRIVATE LIMITED,PATNA vs. ACIT CENTRAL CIRCLE 2 PATNA, PATNA

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

Bench: Shri Rajpal Yadav & Dr. Manish Boradi.T.A. No. 222/Pat/2023 Assessment Year: 2014-15 Av Ispat Private Limited Acit, Central Circle-2 Agamkuan, Patna-800007 Patna-800001, Bihar Vs Bihar [Pan: Aaca9469P] अपीलार्थी/ (Appellant) प्रत्‍यर्थी/ (Respondent) Assessee By : None Revenue By : Ashwani Kumar, Dr सुनवाई की तारीख/Date Of Hearing : 05.09.2024 घोषणा की तारीख /Date Of Pronouncement : 30.10.2024 आदेश/O R D E R Per Dr. Manish Borad: This Appeal At The Instance Of The Assessee Is Directed Against The Order Of Commissioner Of Income-Tax (Appeals) [Learned Cit (A)] Dated 28.04.2023, Which Is Arising Out Of The Assessment Order Under Section 143(3) Of The Income-Tax Act, 1961 (The Act) Dated 14Th March, 2022. 2. When The Case Was Called For, None Appeared On Behalf Of The Assessee. We Observe That On The Previous Occasions When The Case Was Fixed For Hearing On 29Th July, 2024 & 30Th July, 2024, None Appeared. However, Considering The Smallness Of The Issue & That The Facts Were Available On Record, It Was Decided To Adjudicate These Appeals With Assistance Of Learned Departmental Representative. Assessee Has Raised Following Grounds Of Appeal: - “1. The Order Passed By Learned Cit(A)-3, Patna Is Unjust, Unwarranted & Bad In Law.

unexplained cash credit of ₹25,00,084/- u/s 68 of the Act, assessee preferred the appeal before the ld. CIT (A) taking legal grounds challenging the validity of reassessment

AMAR KASERA (HUF),PATNA vs. ACIT CENTRAL CIRCLE-1, PATNA

In the result, all the captioned appeals of the assessee stand allowed

Bench: Sri Sanjay Garg & Shri Sanjay Awasthi

reassessment order passed u/s. 147 of the Act is hereby quashed. ITA No. 180/Pat/2023 (AY 2013-14): 13. Both the Ld. Representatives of the parties have submitted that all the facts and issues involved in this appeal are identical to the above discussed assessee’s appeal ITA No. 179/Pat/2023 for AY 2011-12. The identical legal grounds have been taken

AMAR KASERA (HUF),PATNA vs. ACIT CENTRAL CIRCLE-1, PATNA

In the result, all the captioned appeals of the assessee stand allowed

Bench: Sri Sanjay Garg & Shri Sanjay Awasthi

reassessment order passed u/s. 147 of the Act is hereby quashed. ITA No. 180/Pat/2023 (AY 2013-14): 13. Both the Ld. Representatives of the parties have submitted that all the facts and issues involved in this appeal are identical to the above discussed assessee’s appeal ITA No. 179/Pat/2023 for AY 2011-12. The identical legal grounds have been taken

AMAR KASERA (HUF),PATNA vs. ACIT CENTRAL CIRCLE-1, PATNA

In the result, all the captioned appeals of the assessee stand allowed

Bench: Sri Sanjay Garg & Shri Sanjay Awasthi

reassessment order passed u/s. 147 of the Act is hereby quashed. ITA No. 180/Pat/2023 (AY 2013-14): 13. Both the Ld. Representatives of the parties have submitted that all the facts and issues involved in this appeal are identical to the above discussed assessee’s appeal ITA No. 179/Pat/2023 for AY 2011-12. The identical legal grounds have been taken

AMAR KASERA (HUF),PATNA vs. ACIT CENTRAL CIRCLE-1, PATNA

In the result, all the captioned appeals of the assessee stand allowed

Bench: Sri Sanjay Garg & Shri Sanjay Awasthi

reassessment order passed u/s. 147 of the Act is hereby quashed. ITA No. 180/Pat/2023 (AY 2013-14): 13. Both the Ld. Representatives of the parties have submitted that all the facts and issues involved in this appeal are identical to the above discussed assessee’s appeal ITA No. 179/Pat/2023 for AY 2011-12. The identical legal grounds have been taken

AMAR KASERA (HUF),PATNA vs. ACIT CENTRAL CIRCLE-1, PATNA

In the result, all the captioned appeals of the assessee stand allowed

Bench: Sri Sanjay Garg & Shri Sanjay Awasthi

reassessment order passed u/s. 147 of the Act is hereby quashed. ITA No. 180/Pat/2023 (AY 2013-14): 13. Both the Ld. Representatives of the parties have submitted that all the facts and issues involved in this appeal are identical to the above discussed assessee’s appeal ITA No. 179/Pat/2023 for AY 2011-12. The identical legal grounds have been taken

SANTOSH KUMAR,AURANGABAD vs. ITO WARD- 3 (3), AURANGABAD

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

Bench: Dr. Manish Borad & Shri Pradip Kumar Choubeyi.T.A. No.211/Pat/2023 Assessment Year: 2017-18

reassessment proceedings though the assessee remained non-compliant on most of the occasions but after repeated notices he provided details about the cash and credit entries appearing in his bank account held with PNB Bank being account no. 3861008700001 and gave a break up about the cash deposited during pre-demonetization period, cash deposit during demonetization period, cash deposit during

MAHANT PANDEY,ROHTAS vs. NFAC, DELHI

In the result, both the appeals filed by the assessee are partly allowed for statistical purposes

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishra

cash withdrawn is for carry out departmental work. there is no specific contract I am government servant and worked as per the direction of superior officer as I was intrusted in carry out the departmental work it is not business receipts. DETAILS OF DEPARTMENTAL WORK CARRIED OUT AND CREDITED TO BANK ACCOUNT IS ATTACHED AS PER ANNEXURE

MAHANT PANDEY,ROHTAS vs. NFAC, DELHI

In the result, both the appeals filed by the assessee are partly allowed for statistical purposes

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishra

cash withdrawn is for carry out departmental work. there is no specific contract I am government servant and worked as per the direction of superior officer as I was intrusted in carry out the departmental work it is not business receipts. DETAILS OF DEPARTMENTAL WORK CARRIED OUT AND CREDITED TO BANK ACCOUNT IS ATTACHED AS PER ANNEXURE

SUSHIL KUMAR KANODIA,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, the appeals of the assessee are allowed and appeal of the Revenue is dismissed

Bench: Shri Duvvuru Rl Reddy, Vp & Shri Rajesh Kumar, Am Asst. Commissioner Of Income Patna Iron Pvt. Ltd. Tax, Central Circle-2 Ground Floor, Suprabhat 6Th Floor, Annexe, Central Building, Ceat Compound, Vs. Building, Beer Chand Patel Path, Phulwari, Patna-800001, Bihar Patna, Bihar-800001, (Appellant) (Respondent) Pan No. Aafcp2484B Asst. Commissioner Of Income Patna Iron Pvt. Ltd. Tax, Central Circle-2 Ground Floor, Suprabhat 6Th Floor, Annexe, Central Building, Ceat Compound, Vs. Building, Beer Chand Patel Path, Phulwari, Patna-800001, Bihar Patna, Bihar-800001, (Respondent) (Appellant) Sushil Kumar Kanodia N-601, Profesor Colony, Acit, Central Circle-2 Chitragupta Nagar, Kanakrbagh, Vs. Patna, Bihar Patna-800020, Bihar (Appellant) (Respondent) Pan No. Agypk0702D Assessee By : Shri Manish Rastogi, Ar Revenue By : Md. A.H. Chowdhary, Dr Date Of Hearing: 27.11.2025 Date Of Pronouncement: 26.02.2025

unexplained investment in purchases out of books. The appellant has vehemently objected to this finding. The appellarit has submitted that its premises as well as that of directors were covered in search. Not an iota of unrecorded purchases/investment was found from any premises. Moreover, whilم making assessment, the AO had accepted ITA Nos. 373, 332& 237/PAT/2025 Patna Iron

PATNA IRON PVT. LTD.,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, the appeals of the assessee are allowed and appeal of\nthe Revenue is dismissed

unexplained investment in\npurchases out of books. The appellant has vehemently objected to this finding.\nThe appellarit has submitted that its premises as well as that of directors were\ncovered in search. Not an iota of unrecorded purchases/investment was found\nfrom any premises. Moreover, while making assessment, the AO had accepted\n\nPage 4\n\nITA Nos. 373, 332& 237/PAT/2025