AHMEDNAGAR ZILLA GRAMSEVAKANCHI SAHAKAR PATSANSTHA MARYADIT,AHILYANAGAR vs. PCIT, PUNE-1, PUNE

In the result, the appeal of the assessee is allowed

143(2) of the Income-tax Act, 1961\nPAN: AAAAA6582G\nJA777436326IN\nName: AHMEDNAGAR ZILLA GRAMSEVAKANCHI\nSAHAKARI PATSANSTHA MARYADIT\nAHMEDNAGAR\nAddress: 1 OPP SARDAR PATEL KARYALAY,\nBEHIND DR.KETKAR HOSPITAL AHMEDNAGAR\nAHMEDNAGAR 414001, Maharashtra\nDIN: ITBA/AST/S/143(2)/2021-22/1033764253(1)\nDate: 29/06/2021\n Assessment Year: 2020-21\nFinancial Year: 2019-20\nआपको यह संचार क्यों मिल रहा है?\nWhy are you getting this

ASSISTANT COMMISSIONER OF INCOME TAX, JALGAON vs. SIDHARTH RATANLAL BAFNA, JALGAON

2. It was the case of Revenue before the ITAT that the CIT[A] was wrong in\ndeleting the addition made by the Assessing Officer (A.O.) in respect of long term\ncapital gain treated by A.O. as unexplained cash credit under Section 68 of the\nAct.\n\n3. Respondent had shown sale proceeds of shares in scrip Ramkrishna Fincap

ASSISTANT COMMISSIONER OF INCOME TAX, JALGAON vs. SIDHARTH RATANLAL BAFNA, JALGAON

capital\ngain to which the assessee has replied and thereafter the Assessing Officer has\npassed the order u/s 143(3) r.w.s.153B of the Act accepting such exempt long term\ncapital gain. Therefore, the assessment in our opinion could not have been\nreopened u/s 148 of the Act for the same transaction in absence of any fresh\ntangible material

JAIBHAGWAN BANARASIDAS JINDAL,JALNA vs. THE INCOME TAX OFFICER, WARD-1, JALNA

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

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2016-17

2. The Learned CIT(A) further erred in confirming an addition of capital gain on the sale of shares of M/s. Yamini Investment Company Limited of Rs.85,38,145/- which is declared as long-term capital gain exempt under section 10(38) of the Income Tax Act by holding as non genuine and unexplained cash credit under section

DEPUTY COMMISSIONER OF INCOME TAX, JALGAON vs. TARADEVI RATANLAL BAFNA, JALGAON

capital gains on account of trading in shares of a penny stock companies which is\nexempt u/s 10(38) of the Income Tax Act, 1961. The penny stock shares have been regularly purchased and sold\nand LTCG is claimed as exempt in the return of income thereby routing her undisclosed income / into the\naccounts. In view of above, there exist

RAJANI PRAKASH KASHID,KOLHAPUR vs. ITO, WARD 1(4), KOLHAPUR, KOLHAPUR

In the result, the appeal of assessee is allowed

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

143(3) r.w.s. 147 of the Act on 20.12.2018 on total income of Rs.49,41,380/- including therein an addition of Rs.49,32,500/- on account of long term capital gain. 4. Aggrieved, the assessee filed an appeal before the Ld. CIT(A)/NFAC who dismissed the appeal of the assessee and endorsed the findings

MR POPATRAO DASHRATHRAO SURYAWANSHI,PUNE vs. INCOME TAX OFFICER, WARD-7(4), PUNE, PUNE

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

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2017-18 Mr. Popatrao Dashrathrao Suryawanshi Ito, Ward 7(4), Pune S.No.38, Tingre Nagar, Havaldar Mala, Vs. Vishrantwadi, Pune – 411015 Pan: Adhps2643F (Appellant) (Respondent) Assessee By : Shri Suhas Bora Department By : Shri Manish Mehta, Addl.Cit Date Of Hearing : 19-01-2026 Date Of Pronouncement : 21-01-2026 O R D E R

143(2) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) was issued and served on the assessee. Subsequently the Assessing Officer issued notices u/s 142(1) of the Act which were also duly served on the assessee. 3. During the course of assessment proceedings the Assessing Officer noted that the assessee had entered into a joint

INCOME TAX OFFICER, PUNE vs. PRAKASH RAMKRISHNA POPHALE, PUNE

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

Bench: Shri R. K. Panda & Shri Vinay Bhamoreassessment Year : 2017-18

143(2) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) and 142(1) of the Act were issued and served on the assessee, to which the assessee replied from time to time. 2 3. During the course of assessment proceedings, the Assessing Officer noted that the assessee has e-mailed Deed of Assignment dated

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. OMPRAKASH ASARAM MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

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

2. First we take up ITA No.147/PUN/2024 for assessment year 2011-12 in case of Ashish Omprakash Mantri as the lead case. 3. Facts of the case, in brief, are that the assessee is an individual and filed his original return of income on 26.03.2012 declaring total income at Rs.15,08,324/- and long term capital gain on sale

INCOME TAX OFFICER, WARD -1, JALNA, JALNA vs. PRAMILA OMPRAKASH MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

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

2. First we take up ITA No.147/PUN/2024 for assessment year 2011-12 in case of Ashish Omprakash Mantri as the lead case. 3. Facts of the case, in brief, are that the assessee is an individual and filed his original return of income on 26.03.2012 declaring total income at Rs.15,08,324/- and long term capital gain on sale

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. ATUL OMPRAKASH MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

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

2. First we take up ITA No.147/PUN/2024 for assessment year 2011-12 in case of Ashish Omprakash Mantri as the lead case. 3. Facts of the case, in brief, are that the assessee is an individual and filed his original return of income on 26.03.2012 declaring total income at Rs.15,08,324/- and long term capital gain on sale

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. OMPRAKASH ASARAM MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

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

2. First we take up ITA No.147/PUN/2024 for assessment year 2011-12 in case of Ashish Omprakash Mantri as the lead case. 3. Facts of the case, in brief, are that the assessee is an individual and filed his original return of income on 26.03.2012 declaring total income at Rs.15,08,324/- and long term capital gain on sale

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. ATUL OMPRAKASH MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

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

2. First we take up ITA No.147/PUN/2024 for assessment year 2011-12 in case of Ashish Omprakash Mantri as the lead case. 3. Facts of the case, in brief, are that the assessee is an individual and filed his original return of income on 26.03.2012 declaring total income at Rs.15,08,324/- and long term capital gain on sale

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. PRAMILA OMPRAKASH MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

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

2. First we take up ITA No.147/PUN/2024 for assessment year 2011-12 in case of Ashish Omprakash Mantri as the lead case. 3. Facts of the case, in brief, are that the assessee is an individual and filed his original return of income on 26.03.2012 declaring total income at Rs.15,08,324/- and long term capital gain on sale

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. ASHISH OMPRAKASH MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

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

2. First we take up ITA No.147/PUN/2024 for assessment year 2011-12 in case of Ashish Omprakash Mantri as the lead case. 3. Facts of the case, in brief, are that the assessee is an individual and filed his original return of income on 26.03.2012 declaring total income at Rs.15,08,324/- and long term capital gain on sale

ADVIK HI TECH PVT LTD,PUNE vs. DY.COMM.OF INCOME TAX, CIRCLE 8, PUNE, AKURDI PUNE

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

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.1158/Pun/2023 िनधा"रण वष" / Assessment Year : 2020-21 Advik Hi Tech Pvt. Ltd., Vs. Dcit, Circle-8, Pune. Gat No.357, Plot No.99, Village- Kharabwadi, Tal.- Khed, Chakan- 410501. Pan : Aacca3106E Appellant Respondent आयकर अपील सं. / Ita No.1330/Pun/2023 िनधा"रण वष" / Assessment Year : 2020-21 Dcit, Circle-8, Pune. Vs. Advik Hi Tech Pvt. Ltd., Gat No.357, Plot No.99, Village- Kharabwadi, Tal.- Khed, Chakan- 410501. Pan : Aacca3106E Appellant Respondent Assessee By : Shri Sharad A. Shah & Shri Rohit S. Tapadiya Revenue By : Shri Amol Khairnar Date Of Hearing : 21.11.2024 Date Of Pronouncement : 18.02.2025 आदेश / Order Per Vinay Bhamore, Jm: These Cross Appeals Filed By The Assessee As Well As By The Revenue Are Directed Against The Order Dated 16.10.2023 Passed By Ld.Cit(A)/Nfac For The Assessment Year 2020-21 Respectively.

143 (2) and 142 (1) along with questionnaire was issued to assessee. In response to statutory notices, representative of assessee appeared before Ld.AO and filed requisite details as called for. 3. Ld.AO from the details furnished by assessee observed that assessee claimed deduction amounting to Rs.8,40,000/- under section 80 G of the Act, towards donation paid. Ld.AO

DIMPLE RAJESH OSWAL,PUNE vs. INCOME TAX OFFICER WARD 5(1), PUNE

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

Bench: Shri R. K. Pandaassessment Year : 2016-17

143(3) r.w.s. 147 of the Act determining the total income of Rs.19,60,971/- wherein he made addition of Rs.10,76,291/- by invoking the provisions of section 56(2)(vii)(b) of the Act by observing as under: “4.6. Conclusion drawn. A show cause notice dated 13-11-2023 was issued to the assessee asking to file

QUBIX BUSINESS PARK PRIVATE LIMITED,PUNE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-8, PUNE, PUNE

In the result, Ground No.2 of the assessee is allowed for statistical purpose

Bench: DR.DIPAK P. RIPOTE (Accountant Member), SHRI VINAY BHAMORE (Judicial Member)

2 and Point 3 above, the NFAC / Ld.AO has erred in making an adjustment under computation of book profits under section 115JB of the Act as section 115JB is a self-contained code, and no adjustments other than those specifically prescribed under section 115JB of the Act are permissible. 5. Adjustment carried out under intimation under section 143