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

Bench: Shri R. K. Panda & Ms. Astha Chandra

bogus / untested purchases. The grounds raised by the Revenue are accordingly partly allowed. 34. The ground of appeal No.4 by the Revenue relates to the order of the Ld. CIT(A) in deleting the addition of Rs.17,42,770/-. 35. Facts of the case in brief are that during the course of assessment proceedings the Assessing Officer asked the assessee

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 / untested purchases. The grounds raised by the Revenue are accordingly partly allowed. 34. The ground of appeal No.4 by the Revenue relates to the order of the Ld. CIT(A) in deleting the addition of Rs.17,42,770/-. 35. Facts of the case in brief are that during the course of assessment proceedings the Assessing Officer asked the assessee

ACIT, CIRCLE-1, NASHIK, NASHIK vs. TAPARIA TOOLS LIMITED, NASHIK

In the result, both the appeal of the Revenue as well as Cross Objection of the assessee are allowed for statistical purposes as per the terms indicated above

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.1337/Pun/2025 Assessment Year : 2017-18

39,457 was incurred. After serving valid notices u/s.148, 143(2) and 142(1) of the Act, re- assessment proceedings were carried out and assessee was asked to file the details as called for in the notice issued u/s.142(1) of the Act on 24.02.2023 to which necessary compliances made. Ld. AO observed that out of the total sales

DEPUTY COMMISSIONER OF INCOME-TAX vs. SERUM INSTITUTE OF INDIA LTD.,, PUNE

In the result, both the appeals of the Revenue are dismissed

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं. / Ita Nos.549 & 550/Pun/2016 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Years : 2011-12 & 2012-13 वष"

bogus. I have already decided this issue in M/s. Chetan Enterprises Vs. ACIT (supra) and held that in cases where the Assessing Officer has failed to supply such statement recorded by the Sales Tax Department or any other evidence justifying the addition, no addition is to be made in the hands of assessee. The grounds of appeal raised

SERUM INSTITUTE OF INDIA LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, both the appeals of the Revenue are dismissed

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं. / Ita Nos.549 & 550/Pun/2016 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Years : 2011-12 & 2012-13 वष"

bogus. I have already decided this issue in M/s. Chetan Enterprises Vs. ACIT (supra) and held that in cases where the Assessing Officer has failed to supply such statement recorded by the Sales Tax Department or any other evidence justifying the addition, no addition is to be made in the hands of assessee. The grounds of appeal raised

DEPUTY COMMISSIONER OF INCOME-TAX vs. SERUM INSTITUTE OF INDIA LTD.,, PUNE

In the result, both the appeals of the Revenue are dismissed

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं. / Ita Nos.549 & 550/Pun/2016 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Years : 2011-12 & 2012-13 वष"

bogus. I have already decided this issue in M/s. Chetan Enterprises Vs. ACIT (supra) and held that in cases where the Assessing Officer has failed to supply such statement recorded by the Sales Tax Department or any other evidence justifying the addition, no addition is to be made in the hands of assessee. The grounds of appeal raised

SERUM INSTITUTE OF INDIA LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, both the appeals of the Revenue are dismissed

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं. / Ita Nos.549 & 550/Pun/2016 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Years : 2011-12 & 2012-13 वष"

bogus. I have already decided this issue in M/s. Chetan Enterprises Vs. ACIT (supra) and held that in cases where the Assessing Officer has failed to supply such statement recorded by the Sales Tax Department or any other evidence justifying the addition, no addition is to be made in the hands of assessee. The grounds of appeal raised

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

1] The learned Pr. CIT erred in holding that the asst. order passed u/s 143(3) r.w.s. 153A was erroneous and prejudicial to the interest of the revenue and thereby erred in setting aside the said asst. order for verification of the following issues - a. Genuineness of total URD purchase and determine the quantum of such purchase which

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

1] The learned Pr. CIT erred in holding that the asst. order passed u/s 143(3) r.w.s. 153A was erroneous and prejudicial to the interest of the revenue and thereby erred in setting aside the said asst. order for verification of the following issues - a. Genuineness of total URD purchase and determine the quantum of such purchase which

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

1] The learned Pr. CIT erred in holding that the asst. order passed u/s 143(3) r.w.s. 153A was erroneous and prejudicial to the interest of the revenue and thereby erred in setting aside the said asst. order for verification of the following issues - a. Genuineness of total URD purchase and determine the quantum of such purchase which

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

1] The learned Pr. CIT erred in holding that the asst. order passed u/s 143(3) r.w.s. 153A was erroneous and prejudicial to the interest of the revenue and thereby erred in setting aside the said asst. order for verification of the following issues - a. Genuineness of total URD purchase and determine the quantum of such purchase which

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

1] The learned Pr. CIT erred in holding that the asst. order passed u/s 143(3) r.w.s. 153A was erroneous and prejudicial to the interest of the revenue and thereby erred in setting aside the said asst. order for verification of the following issues - a. Genuineness of total URD purchase and determine the quantum of such purchase which

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

1] The learned Pr. CIT erred in holding that the asst. order passed u/s 143(3) r.w.s. 153A was erroneous and prejudicial to the interest of the revenue and thereby erred in setting aside the said asst. order for verification of the following issues - a. Genuineness of total URD purchase and determine the quantum of such purchase which

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

1] The learned Pr. CIT erred in holding that the asst. order passed u/s 143(3) r.w.s. 153A was erroneous and prejudicial to the interest of the revenue and thereby erred in setting aside the said asst. order for verification of the following issues - a. Genuineness of total URD purchase and determine the quantum of such purchase which

ALNESH AKIL SOMJI,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX, PUNE

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

Bench: Shri R. K. Panda & Ms Astha Chandra

bogus expenditure in the garb of interest expenses. 10. We are of the view that it is not necessary that the expenditure incurred must have been obligatory; it is enough to show that the money was expended not necessary with a view to an immediate benefit to the assessee but voluntarily and on the ground of necessity and in order

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(2), PUNE vs. M/S. BILCARE LIMITED, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Raviआयकर अपीऱ सं. / Ita No.273/Pun/2021 निर्धारण वर्ा / Assessment Year: 2016-17 Dcit, Central Circle-2(2), Vs. M/S. Bilcare Limited, Pune. 601, Icc Trade Tower, Pune- 411016. Pan : Aabcb2242F Appellant Respondent आयकर अपीऱ सं. / Ita No.334/Pun/2021 निर्धारण वर्ा / Assessment Year: 2016-17 M/S. Bilcare Limited, Vs. Dcit, Central Circle- 6Th Floor, B Wing, Icc 2(2), Pune. Trade Tower, Senapati Bapat Road, Pune- 411006. Pan : Aabcb2242F Appellant Respondent

39. Respectfully following the decision of this Tribunal, this issue is set-aside to the TPO on the similar lines indicated in the order of the Tribunal for the assessment year 2015-16 (supra). Thus, the ground of appeal no.1 stands partly allowed for statistical purposes. 40. Ground of appeal no.2 and 3 challenges the decision

M/S. BILCARE LIMITED,PUNE vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(2), PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Raviआयकर अपीऱ सं. / Ita No.273/Pun/2021 निर्धारण वर्ा / Assessment Year: 2016-17 Dcit, Central Circle-2(2), Vs. M/S. Bilcare Limited, Pune. 601, Icc Trade Tower, Pune- 411016. Pan : Aabcb2242F Appellant Respondent आयकर अपीऱ सं. / Ita No.334/Pun/2021 निर्धारण वर्ा / Assessment Year: 2016-17 M/S. Bilcare Limited, Vs. Dcit, Central Circle- 6Th Floor, B Wing, Icc 2(2), Pune. Trade Tower, Senapati Bapat Road, Pune- 411006. Pan : Aabcb2242F Appellant Respondent

39. Respectfully following the decision of this Tribunal, this issue is set-aside to the TPO on the similar lines indicated in the order of the Tribunal for the assessment year 2015-16 (supra). Thus, the ground of appeal no.1 stands partly allowed for statistical purposes. 40. Ground of appeal no.2 and 3 challenges the decision

HARSHAD HIMMATLAL RUPANI,PUNE vs. ITO WARD 5(2), PUNE

In the result the ground number 3 is allowed for Statistical

Bench: Dr.Dipak P. Ripote & Shri Vinay Bhamoreआयकर अपऩल सं. / Ita No.920/Pun/2025 निर्धारण वषा / Assessment Year: 2014-15 Harshad Himmatlal Rupani, V The Income Tax Officer, 101/102, Ashoka Building, S Ward-5(1), Pune. Green Valley Housing Society, Wanwadi, Pune – 411040. Pan: Adopr6163Q Appellant/ Assessee Respondent / Revenue Assessee By Shri Mahavir Jain Revenue By Smt Neha Thakur – (Virtual) Date Of Hearing 21/01/2026 Date Of Pronouncement 28/01/2026 आदेश/ Order Per Dr. Dipak P. Ripote, Am: This Appeal Filed By The Assessee Is Against The Order Of Ld.Commissioner Of Income Tax(Appeal)[Nfac], Passed Under Section 250 Of The Income Tax Act, 1961 For A.Y.2014-15 Dated 26.08.2024 Emanating From The Assessment Order Passed Under Section 143(3) Of The Income Tax Act, 1961, Dated 22.11.2016. The Assessee Has Raised The Following Grounds Of Appeal :

39-58 of the paper book which contained confirmations of the creditors. Ld.AR submitted that the creditors which were new and pertaining to current year were all paid in subsequent years. This fact was brought to the notice of ld.CIT(A) and AO.Ld.AR submitted that evidences were filed.Ld.AR took us through the chart. 2.1 Ld.AR submitted that all other creditors