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

143(2) of the Act was issued by the ACIT, Corporate Circle 1(2), Bhubaneswar, who has no jurisdiction. When the Revenue challenged the above order of the Hon‟ble High Court, the Hon'ble Supreme Court set aside the order of the Hon‟ble High Court 15 and allowed the appeal filed by the Revenue on the ground that

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

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

sections": [ "143(1)", "143(2)", "142(1)", "132", "133(6)", "131", "147", "143(3)", "69A", "271AAC(1)", "28", "69", "69C" ], "issues": "Whether additions made by the AO on account of bogus purchases

DY COMMISSIONER OF INCOME TAX, SATARA vs. KAY BOUVET ENGINEERING LIMITED, SATARA

In the result, both the appeals filed by the Revenue and both the COs filed\nby the assessee are dismissed

purchases as bogus.", "result": "Dismissed", "sections": [ "143(1)(a)", "143(3)", "133A", "131", "148", "68", "44AB", "132(4)" ], "issues": "Whether

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

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

section (3) of section 143 for any\nprevious year; or\nc) Such case has been selected in accordance with the risk\nmanagement strategy, formulated by the Board from time to\ntime, for any previous year;\nThe Principal Commissioner or Commissioner shall—\ni.\ncall for such documents or information from the trust\nor institution, or make such inquiry as he thinks

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

143(3) / 147 were passed after the order of the Ld. CIT(A). Although the assessee in the instant case has filed various details such as lorry bills, invoices, e-way bills, etc. the fact remains that such parties neither responded to notices issued u/s 133(6) nor appeared before the Assessing Officer in response to the Summons issued

M/S. ANIKET TRADING COMPANY,,NASHIK vs. DEPUTY COMMISSIONER OF INCOME TAX,, NASHIK

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

Bench: Shri D. Karunakara Rao, Am आयकर अपील सं. / Ita No.467/Pun/2017 िनधा"रण वष" / Assessment Year : 2010-11

143(2) of the Act to the assessee and eventually completed the assessment u/s.143(3) r.w.s.147 of the Act. AO treated the entire bogus purchases amounting to Rs.28,24,410/- that involves two suppliers namely (1) Simandhar Trading Corporation and M/s. Adijin Enterprises. These names are mentioned in the list maintained by the Sales Tax Department of Maharashtra Government

CHETAS CONTROL SYSTEMS PVT. LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, appeal of the assessee in ITA No

Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm

143(1) of Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) accepting returned income. Thereafter, information was received from the Maharashtra Sales Tax Department which had conducted enquiries in the cases of several dealers located all across Maharashtra resulting into unearthing of a racket involving more than 1935 Hawala dealers and more than 33,700 beneficiaries. 'Hawala' entails

CHETAS CONTROL SYSTEMS PVT. LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, appeal of the assessee in ITA No

Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm

143(1) of Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) accepting returned income. Thereafter, information was received from the Maharashtra Sales Tax Department which had conducted enquiries in the cases of several dealers located all across Maharashtra resulting into unearthing of a racket involving more than 1935 Hawala dealers and more than 33,700 beneficiaries. 'Hawala' entails

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

143(3) r.w.s. 153A of the Act was completed against assessee. The assessee was engaged in manufacturing of craft paper and allied products. Search under section 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

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

143(3) r.w.s. 153A of the Act was completed against assessee. The assessee was engaged in manufacturing of craft paper and allied products. Search under section 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

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

143(3) r.w.s. 153A of the Act was completed against assessee. The assessee was engaged in manufacturing of craft paper and allied products. Search under section 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

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

143(3) r.w.s. 153A of the Act was completed against assessee. The assessee was engaged in manufacturing of craft paper and allied products. Search under section 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

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

143(3) r.w.s. 153A of the Act was completed against assessee. The assessee was engaged in manufacturing of craft paper and allied products. Search under section 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

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

143(3) r.w.s. 153A of the Act was completed against assessee. The assessee was engaged in manufacturing of craft paper and allied products. Search under section 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

DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 1(2),, PUNE vs. FIAT INDIA AUTOMOBILES LTD,, PUNE

In the result, appeal of the Revenue is dismissed

Bench: Shri Inturi Rama Rao & Shri Partha Sarathi Chaudhury

purchases as bogus for making addition u/s.69C of the Act. 6 A.Y.2008-09 11. Reverting to the facts of the present case, though the aforesaid matter was in relation to addition u/s.69C of the Act and the present case before us is with regard to Section 147/148 of the Act, the guiding principles still is that it is mandatory

ASSISTANT COMMISSIONER OF INCOME-TAX vs. M/S. ASHAPURA RUBBER UDYOG,, NASHIK

In the result, all the three appeals of the Revenue are dismissed

143(3) of the Act in all the three years under consideration. The Assessing Officer made additions i.e. (i) Rs.49,67,430/- for the assessment year 2009-10, (ii) Rs.68,43,018/- for the assessment year 2010-11 and (iii) Rs.1,05,84,505/- for the assessment year 2011-12. The Assessing Officer made the entire amounts as addition

ASSISTANT COMMISSIONER OF INCOME-TAX vs. M/S. ASHAPURA RUBBER UDYOG,, NASHIK

In the result, all the three appeals of the Revenue are dismissed

143(3) of the Act in all the three years under consideration. The Assessing Officer made additions i.e. (i) Rs.49,67,430/- for the assessment year 2009-10, (ii) Rs.68,43,018/- for the assessment year 2010-11 and (iii) Rs.1,05,84,505/- for the assessment year 2011-12. The Assessing Officer made the entire amounts as addition

ASSISTANT COMMISSIONER OF INCOME-TAX vs. M/S. ASHAPURA RUBBER UDYOG,, NASHIK

In the result, all the three appeals of the Revenue are dismissed

143(3) of the Act in all the three years under consideration. The Assessing Officer made additions i.e. (i) Rs.49,67,430/- for the assessment year 2009-10, (ii) Rs.68,43,018/- for the assessment year 2010-11 and (iii) Rs.1,05,84,505/- for the assessment year 2011-12. The Assessing Officer made the entire amounts as addition