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9 results for “section 68”+ Section 150(1)clear

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Key Topics

Section 153D18Section 153C11Addition to Income9Section 143(2)7Section 142(1)7Section 2503Section 143(3)2Section 145(3)2

ACIT, CENTRAL CIRCLE-2, PATNA vs. M/S MAXXON VANIJYA & RESOURCES PVT LTD, KOLKATA

In the result, the order of the Ld

ITA 89/PAT/2021[2012-13]Status: DisposedITAT Patna08 Dec 2025AY 2012-13
Section 132(1)Section 139Section 144Section 153CSection 250

1) of the Act was\ncarried out in the Binoshiba group of cases, Patna on 18.09.2014. The\nBinoshiba group consists of a number of concerns which are in the\nbusiness of manufacture and trade of liquor and the main concerns of\nthe group are M/s. Binoshiba Liquors Pvt. Ltd., M/s. Salson Liquors\nPvt. Ltd. and M/s. Goodhost Liquors

PARAS NATH GUPTA,RAMNA ROAD , GAYA vs. ASSISTANT COMMISSIONER OF INCOME TAX, DC/AC CIRCLE-I

In the result, the appeal filed by the assessee is partly allowed in\nview of the above directions

ITA 345/PAT/2024[2017-2018]Status: DisposedITAT Patna04 Apr 2025AY 2017-2018
Section 142(1)Section 143(2)Section 143(3)Section 145(3)Section 250

section 145(3) of the Act and\nPage 4\nI.T.A. No.: 345/PAT/2024\n Assessment Year: 2017-18\nParas Nath Gupta.\nconsidering the facts and the circumstances in this case, he estimated\nthe net income at Rs. 1,94,88,142/- i.e. @ 2% of the gross turnover of\nRs. 97,44,07,126/- after considering expenses debited in the trading

SMT. ANITA DEVI,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, all the appeals of the assessee are allowed

ITA 21/PAT/2022[2015-16]Status: DisposedITAT Patna29 Jul 2025AY 2015-16
Section 142(1)Section 143(2)Section 153CSection 153D

1) of the Act. It was observed\nby the Id. AO that during the course of search assessee had deposited\ncash of ₹68,293/- with Punjab National bank, Doctor's Colony,\nKankarbagh, patna, which according to the Id. AO could not be\nexplained and accordingly, the same was added to the income of the\nassessee. The Id. AO noted that

SMT. ANITA DEVI,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, all the appeals of the assessee are allowed

ITA 20/PAT/2022[2014-15]Status: DisposedITAT Patna29 Jul 2025AY 2014-15
Section 142(1)Section 143(2)Section 153CSection 153D

1) of the Act. It was observed\nby the Id. AO that during the course of search assessee had deposited\ncash of ₹68,293/- with Punjab National bank, Doctor's Colony,\nKankarbagh, patna, which according to the Id. AO could not be\nexplained and accordingly, the same was added to the income of the\nassessee. The Id. AO noted that

ITO, WARD-2(1), PATNA vs. M/S SUN COMTECH PVT LTD, PATNA

In the result, the appeal filed by the Revenue is allowed

ITA 108/PAT/2020[2011-12]Status: DisposedITAT Patna24 Jun 2025AY 2011-12

Bench: Shri George Mathan & Shri Rakesh Mishra

Section 115JSection 143(3)Section 148Section 250

150/- and tax was also paid u/s 115JB of the Act at ₹22,21,835/-. On the basis of the information received from the Investigation Directorate, Kolkata, information was called for from the assessee and after considering the reply received, the assessment was made by assessing the total income at ₹1,11,96,530/- after disallowing a sum of ₹1

SMT. ANITA DEVI,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, all the appeals of the assessee are allowed

ITA 19/PAT/2022[2013-14]Status: DisposedITAT Patna29 Jul 2025AY 2013-14
Section 142(1)Section 143(2)Section 153CSection 153D

1) of the Act. It was observed\nby the Id. AO that during the course of search assessee had deposited\ncash of ₹68,293/- with Punjab National bank, Doctor's Colony,\nKankarbagh, patna, which according to the Id. AO could not be\nexplained and accordingly, the same was added to the income of the\nassessee. The Id. AO noted that

SMT. ANITA DEVI,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, all the appeals of the assessee are allowed

ITA 18/PAT/2022[2012-13]Status: DisposedITAT Patna29 Jul 2025AY 2012-13
Section 142(1)Section 143(2)Section 153CSection 153D

1) of the Act. It was observed\nby the Id. AO that during the course of search assessee had deposited\ncash of ₹68,293/- with Punjab National bank, Doctor's Colony,\nKankarbagh, patna, which according to the Id. AO could not be\nexplained and accordingly, the same was added to the income of the\nassessee. The Id. AO noted that

SMT. ANITA DEVI,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, all the appeals of the assessee are allowed

ITA 17/PAT/2022[2011-12]Status: DisposedITAT Patna29 Jul 2025AY 2011-12

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

For Appellant: Shri Manish Tiwari, ARFor Respondent: Shri Rajat Datta, DR
Section 142(1)Section 143(2)Section 153CSection 153D

1) of the Act. It was observed by the ld. AO that during the course of search assessee had deposited cash of ₹68,293/- with Punjab National bank, Doctor’s Colony, Kankarbagh, patna, which according to the ld. AO could not be explained and accordingly, the same was added to the income of the assessee. The ld. AO noted that

SMT. ANITA DEVI,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, all the appeals of the assessee are allowed

ITA 22/PAT/2022[2016-17]Status: DisposedITAT Patna29 Jul 2025AY 2016-17

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

For Appellant: Shri Manish Tiwari, ARFor Respondent: Shri Rajat Datta, DR
Section 142(1)Section 143(2)Section 153CSection 153D

1) of the Act. It was observed by the ld. AO that during the course of search assessee had deposited cash of ₹68,293/- with Punjab National bank, Doctor’s Colony, Kankarbagh, patna, which according to the ld. AO could not be explained and accordingly, the same was added to the income of the assessee. The ld. AO noted that