ASST. COMMISSIONER OF INCOME TAX, PANVEL CIRCLE PANVEL vs. OUTABOX MEDIA SOLUTIONS LLP, GHATKOPAR MUMBAI

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

Bench: Shri R. K. Panda & Ms Astha Chandraassessment Year : 2017-18

132 or section 132A, after the expiry of one month from the date on which he was served with a notice under sub-section (1) of section 153A or sub-section (2) of section 153C or after the completion of the assessment, whichever is earlier. (4) Subject to the provisions of sub-section (3), where an assessee calls in question

SHAHAJI BHANUDAS BHAD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, the appeal is partly allowed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos. 813 To 818/Pun/2016 िनधा"रण वष" / Assessment Years : 2007-08 To 2012-13

1) All statements which the Court permits or requires to be made before it by witnesses, in relation to matters of fact under inquiry; such statements are called oral evidence. (2) All documents produced for the inspection of the Court; such documents are called documentary evidence.’ When we read sub-section (4) of section 132 in juxtaposition to section

SHAHAJI BHANUDAS BHAD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, the appeal is partly allowed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos. 813 To 818/Pun/2016 िनधा"रण वष" / Assessment Years : 2007-08 To 2012-13

1) All statements which the Court permits or requires to be made before it by witnesses, in relation to matters of fact under inquiry; such statements are called oral evidence. (2) All documents produced for the inspection of the Court; such documents are called documentary evidence.’ When we read sub-section (4) of section 132 in juxtaposition to section

SHAHAJI BHANUDAS BHAD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, the appeal is partly allowed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos. 813 To 818/Pun/2016 िनधा"रण वष" / Assessment Years : 2007-08 To 2012-13

1) All statements which the Court permits or requires to be made before it by witnesses, in relation to matters of fact under inquiry; such statements are called oral evidence. (2) All documents produced for the inspection of the Court; such documents are called documentary evidence.’ When we read sub-section (4) of section 132 in juxtaposition to section

DEPUTY COMMISSIONER OF INCOME-TAX vs. SHRI SHAHAJI BHANUDAS BHAD,, PUNE

In the result, the appeal is partly allowed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos. 813 To 818/Pun/2016 िनधा"रण वष" / Assessment Years : 2007-08 To 2012-13

1) All statements which the Court permits or requires to be made before it by witnesses, in relation to matters of fact under inquiry; such statements are called oral evidence. (2) All documents produced for the inspection of the Court; such documents are called documentary evidence.’ When we read sub-section (4) of section 132 in juxtaposition to section

DEPUTY COMMISSIONER OF INCOME-TAX vs. SHRI SHAHAJI BHANUDAS BHAD,, PUNE

In the result, the appeal is partly allowed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos. 813 To 818/Pun/2016 िनधा"रण वष" / Assessment Years : 2007-08 To 2012-13

1) All statements which the Court permits or requires to be made before it by witnesses, in relation to matters of fact under inquiry; such statements are called oral evidence. (2) All documents produced for the inspection of the Court; such documents are called documentary evidence.’ When we read sub-section (4) of section 132 in juxtaposition to section

DEPUTY COMMISSIONER OF INCOME-TAX vs. SHRI SHAHAJI BHANUDAS BHAD,, PUNE

In the result, the appeal is partly allowed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos. 813 To 818/Pun/2016 िनधा"रण वष" / Assessment Years : 2007-08 To 2012-13

1) All statements which the Court permits or requires to be made before it by witnesses, in relation to matters of fact under inquiry; such statements are called oral evidence. (2) All documents produced for the inspection of the Court; such documents are called documentary evidence.’ When we read sub-section (4) of section 132 in juxtaposition to section

SHAHAJI BHANUDAS BHAD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, the appeal is partly allowed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos. 813 To 818/Pun/2016 िनधा"रण वष" / Assessment Years : 2007-08 To 2012-13

1) All statements which the Court permits or requires to be made before it by witnesses, in relation to matters of fact under inquiry; such statements are called oral evidence. (2) All documents produced for the inspection of the Court; such documents are called documentary evidence.’ When we read sub-section (4) of section 132 in juxtaposition to section

SHAHAJI BHANUDAS BHAD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, the appeal is partly allowed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos. 813 To 818/Pun/2016 िनधा"रण वष" / Assessment Years : 2007-08 To 2012-13

1) All statements which the Court permits or requires to be made before it by witnesses, in relation to matters of fact under inquiry; such statements are called oral evidence. (2) All documents produced for the inspection of the Court; such documents are called documentary evidence.’ When we read sub-section (4) of section 132 in juxtaposition to section

DEPUTY COMMISSIONER OF INCOME-TAX vs. SHRI SHAHAJI BHANUDAS BHAD,, PUNE

In the result, the appeal is partly allowed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos. 813 To 818/Pun/2016 िनधा"रण वष" / Assessment Years : 2007-08 To 2012-13

1) All statements which the Court permits or requires to be made before it by witnesses, in relation to matters of fact under inquiry; such statements are called oral evidence. (2) All documents produced for the inspection of the Court; such documents are called documentary evidence.’ When we read sub-section (4) of section 132 in juxtaposition to section

SHAHAJI BHANUDAS BHAD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, the appeal is partly allowed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos. 813 To 818/Pun/2016 िनधा"रण वष" / Assessment Years : 2007-08 To 2012-13

1) All statements which the Court permits or requires to be made before it by witnesses, in relation to matters of fact under inquiry; such statements are called oral evidence. (2) All documents produced for the inspection of the Court; such documents are called documentary evidence.’ When we read sub-section (4) of section 132 in juxtaposition to section

DEPUTY COMMISSIONER OF INCOME TAX, AURANGABAD vs. METAROLLS ISPAT PVT. LTD., JALNA

In the result, both the appeals filed by the Revenue are partly allowed

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2020-21

bogus purchases of Rs.13,80,63,994/- will meet the ends of justice. We, therefore, set aside the order of the Ld. CIT(A) and direct the Assessing Officer to adopt the profit rate of 5% on the total purchases of Rs.13,80,63,994/- and restrict the addition to Rs.69,03,200/-. The order

M.M. PATEL PUBLIC CHARITABLE TRUST,SOLAPUR vs. PCIT- CENTRAL, PUNE, PUNE

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

132 of the ITA, 1961 is given at Page 282 to 354 of the ITA, 1961.\nAll retraction affidavits are brushed aside and not considered in their\nproper perspective.\n3. 2. Premature act to cancel 12A when assessment proceedings are\nongoing\nThe learned PCIT, CC has assumed the jurisdiction for cancellation of\n12A registration of the appellant. It is submitted

SHRI MANOJ MADANLAL CHHAJED,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE -1(1)PUNE, PUNE

In the result, the appeal filed by the assessee in ITA

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Raviआयकर अपील सं. / It(Ss)A Nos.91 To 96/Pun/2022 िनधा"रण वष" / Assessment Years : 2012-13 To 2017-18 Shri Manoj Madanlal Vs. Acit, Central Circle- Chhajed, 1(1), Pune. 601, A-8 Building, Karishma Housing Society, Near Sangam Press, Kothrud, Pune- 411029. Pan : Aalpc4991M Appellant Respondent आयकर अपील सं. / It(Ss)A Nos.97 & 98/Pun/2022 िनधा"रण वष" / Assessment Years : 2012-13 & 2015-16 Acit, Circle-1(1), Pune. Vs. Shri Manoj Madanlal Chhajed, 601, A-8 Building, Karishma Housing Society, Near Sangam Press, Kothrud, Pune- 411029. Pan : Aalpc4991M Appellant Respondent आयकर अपील सं. / Ita No.725/Pun/2022 िनधा"रण वष" / Assessment Year: 2018-19 Shri Manoj Madanlal Vs. Acit, Circle-1(1), Pune. Chhajed, 601, A-8 Building, Karishma Housing Society, Near Sangam Press, Kothrud, Pune- 411029. Pan : Aalpc4991M Appellant Respondent

1) of the Act which expressly restricts the computation of undisclosed income to the evidence found during search, the statement recorded under Section 132(4) of the Act can form a basis for a block assessment only if such statement relates to any incriminating evidence of undisclosed income unearthed during search and cannot be the sole basis for making

YOG INDUSTRIES LTD.,,AURANGABAD vs. ASSISTANT COMMISSIONER OF INCOME-TAX,,

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

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita Nos.866 & 867/Pun/2015 यििाारण वषा / Assessment Years : 2005-06 & 2006-07 Yog Industries Ltd., 10, Shriniketan Colony, Jalna Road, अऩीऱाथी/Appellant Aurangabad-431001 …. Pan: Aaacy1238P Vs. The Asst. Commissioner Of Income-Tax, …. प्रत्यथी / Respondent Circle 1, Aurangabad आयकर अपीऱ सं. / Ita Nos.868 & 869/Pun/2015 यििाारण वषा / Assessment Years : 2007-08 & 2008-09 Yog Industries Ltd., 10, Shriniketan Colony, Jalna Road, अऩीऱाथी/Appellant Aurangabad-431001 …. Pan: Aaacy1238P Vs. The Asst. Commissioner Of Income-Tax, …. प्रत्यथी / Respondent Circle 1, Aurangabad आयकर अपीऱ सं. / Ita Nos.881 & 882/Pun/2015 यििाारण वषा / Assessment Years : 2007-08 & 2008-09 The Asst. Commissioner Of Income-Tax, अऩीऱाथी/Appellant Circle 3, Aurangabad …. Vs. Yog Industries Ltd., 10, Shriniketan Colony, Jalna Road, …. प्रत्यथी / Respondent Aurangabad-431001 Pan: Aaacy1238P

132 of the Act was conducted at the business and residential premises of different members / concerns of Yog group, Aurangabad on 21.02.2008. Since the search warrant issued in the name of assessee company, notice under section 153A of the Act was issued to the assessee, in response to which the assessee filed return of income declaring total income

YOG INDUSTRIES LTD.,,AURANGABAD vs. ASSISTANT COMMISSIONER OF INCOME-TAX,,

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

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita Nos.866 & 867/Pun/2015 यििाारण वषा / Assessment Years : 2005-06 & 2006-07 Yog Industries Ltd., 10, Shriniketan Colony, Jalna Road, अऩीऱाथी/Appellant Aurangabad-431001 …. Pan: Aaacy1238P Vs. The Asst. Commissioner Of Income-Tax, …. प्रत्यथी / Respondent Circle 1, Aurangabad आयकर अपीऱ सं. / Ita Nos.868 & 869/Pun/2015 यििाारण वषा / Assessment Years : 2007-08 & 2008-09 Yog Industries Ltd., 10, Shriniketan Colony, Jalna Road, अऩीऱाथी/Appellant Aurangabad-431001 …. Pan: Aaacy1238P Vs. The Asst. Commissioner Of Income-Tax, …. प्रत्यथी / Respondent Circle 1, Aurangabad आयकर अपीऱ सं. / Ita Nos.881 & 882/Pun/2015 यििाारण वषा / Assessment Years : 2007-08 & 2008-09 The Asst. Commissioner Of Income-Tax, अऩीऱाथी/Appellant Circle 3, Aurangabad …. Vs. Yog Industries Ltd., 10, Shriniketan Colony, Jalna Road, …. प्रत्यथी / Respondent Aurangabad-431001 Pan: Aaacy1238P

132 of the Act was conducted at the business and residential premises of different members / concerns of Yog group, Aurangabad on 21.02.2008. Since the search warrant issued in the name of assessee company, notice under section 153A of the Act was issued to the assessee, in response to which the assessee filed return of income declaring total income

ASSISTANT COMMISSIONER OF INCOME-TAX vs. M/S. YOG INDUSTRIES LTD.,, AURANGABAD

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

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita Nos.866 & 867/Pun/2015 यििाारण वषा / Assessment Years : 2005-06 & 2006-07 Yog Industries Ltd., 10, Shriniketan Colony, Jalna Road, अऩीऱाथी/Appellant Aurangabad-431001 …. Pan: Aaacy1238P Vs. The Asst. Commissioner Of Income-Tax, …. प्रत्यथी / Respondent Circle 1, Aurangabad आयकर अपीऱ सं. / Ita Nos.868 & 869/Pun/2015 यििाारण वषा / Assessment Years : 2007-08 & 2008-09 Yog Industries Ltd., 10, Shriniketan Colony, Jalna Road, अऩीऱाथी/Appellant Aurangabad-431001 …. Pan: Aaacy1238P Vs. The Asst. Commissioner Of Income-Tax, …. प्रत्यथी / Respondent Circle 1, Aurangabad आयकर अपीऱ सं. / Ita Nos.881 & 882/Pun/2015 यििाारण वषा / Assessment Years : 2007-08 & 2008-09 The Asst. Commissioner Of Income-Tax, अऩीऱाथी/Appellant Circle 3, Aurangabad …. Vs. Yog Industries Ltd., 10, Shriniketan Colony, Jalna Road, …. प्रत्यथी / Respondent Aurangabad-431001 Pan: Aaacy1238P

132 of the Act was conducted at the business and residential premises of different members / concerns of Yog group, Aurangabad on 21.02.2008. Since the search warrant issued in the name of assessee company, notice under section 153A of the Act was issued to the assessee, in response to which the assessee filed return of income declaring total income

YOG INDUSTRIES LTD.,,AURANGABAD vs. ASSISTANT COMMISSIONER OF INCOME-TAX,,

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

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita Nos.866 & 867/Pun/2015 यििाारण वषा / Assessment Years : 2005-06 & 2006-07 Yog Industries Ltd., 10, Shriniketan Colony, Jalna Road, अऩीऱाथी/Appellant Aurangabad-431001 …. Pan: Aaacy1238P Vs. The Asst. Commissioner Of Income-Tax, …. प्रत्यथी / Respondent Circle 1, Aurangabad आयकर अपीऱ सं. / Ita Nos.868 & 869/Pun/2015 यििाारण वषा / Assessment Years : 2007-08 & 2008-09 Yog Industries Ltd., 10, Shriniketan Colony, Jalna Road, अऩीऱाथी/Appellant Aurangabad-431001 …. Pan: Aaacy1238P Vs. The Asst. Commissioner Of Income-Tax, …. प्रत्यथी / Respondent Circle 1, Aurangabad आयकर अपीऱ सं. / Ita Nos.881 & 882/Pun/2015 यििाारण वषा / Assessment Years : 2007-08 & 2008-09 The Asst. Commissioner Of Income-Tax, अऩीऱाथी/Appellant Circle 3, Aurangabad …. Vs. Yog Industries Ltd., 10, Shriniketan Colony, Jalna Road, …. प्रत्यथी / Respondent Aurangabad-431001 Pan: Aaacy1238P

132 of the Act was conducted at the business and residential premises of different members / concerns of Yog group, Aurangabad on 21.02.2008. Since the search warrant issued in the name of assessee company, notice under section 153A of the Act was issued to the assessee, in response to which the assessee filed return of income declaring total income