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

survey on assessee. On revenue's appeal, High Court confirmed\norder of Tribunal. The SLP filed by the Department was dismissed by Hon'ble\nSupreme Court holding that there was no reason to interfere with the order passed by\nHigh Court.\n\n8.8 Among others, the appellant placed his reliance on the decision of Hon'ble\nJurisdictional Bombay High Court

DINESHKUMAR RAMCHANDRA TULSYAN (HUF),,NASHIK vs. INCOME-TAX OFFICER, WARD - 1(5),, NASHIK

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

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2014-15 Dineshkumar Ramchandra Tulsyan (Huf) Ito, Ward 1(5), 214B, Laxmi Niwas, Mahatma Nagar, Vs. Nashik Nashik – 422007 Pan: Aachd5953R (Appellant) (Respondent) Assessment Year : 2014-15 Smt. Sumandevi Dineshkumar Tulsyan Ito, Ward 1(5), 214B, Laxmi Niwas, Mahatma Nagar, Vs. Nashik Nashik – 422007 Pan: Ackpt1322Q (Appellant) (Respondent)

Capital Gains as the same were exempt. He noted that the Investigation Wing, Kolkata passed on the information to Investigation Wing Nashik, who conducted survey u/s 133A

SMT. SUMANDEVI DINESHKUMAR TULSYAN,,NASHIK vs. INCOME-TAX OFFICER, WARD - 1(5),, NASHIK

Capital Gains as the same were exempt. He noted that the\nInvestigation Wing, Kolkata passed on the information to Investigation Wing\nNashik, who conducted survey u/s 133A

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

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

capital gain scam. He submitted that one such action was carried out in the case of M/s PFLIL, a Hyderabad based company on which survey u/s 133A

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

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

capital gain scam. He submitted that one such action was carried out in the case of M/s PFLIL, a Hyderabad based company on which survey u/s 133A

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

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

capital gain scam. He submitted that one such action was carried out in the case of M/s PFLIL, a Hyderabad based company on which survey u/s 133A

RAMCHANDRAUDAYSINGHJADHAVRAO,PUNE vs. ACIT, CIRCLE-3, PUNE

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

survey action u/s 133A of the Act, the\nassessee would not have disclosed the above mentioned business income of Rs.79\nlakhs and long term capital gains

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR

In the result, all the appeals filed by the assessee are partly allowed as per terms indicated hereinabove

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1121 To 1126/Pun/2024 Assessment Years : 2012-13 To 2017-18

133A of the Act was conducted on six premises of the assessee on 13/02/2019. Summons was issued to various donors, President and accountant of the assessee. Many statements were recorded. Thereafter, Re-assessment proceedings u/s 147 were initiated against the appellant from AY 2012-13 to AY 2017-18. 4. The learned AO, while concluding the 147 assessments, held that

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are partly allowed as per terms indicated hereinabove

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1121 To 1126/Pun/2024 Assessment Years : 2012-13 To 2017-18

133A of the Act was conducted on six premises of the assessee on 13/02/2019. Summons was issued to various donors, President and accountant of the assessee. Many statements were recorded. Thereafter, Re-assessment proceedings u/s 147 were initiated against the appellant from AY 2012-13 to AY 2017-18. 4. The learned AO, while concluding the 147 assessments, held that

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are partly allowed as per terms indicated hereinabove

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1121 To 1126/Pun/2024 Assessment Years : 2012-13 To 2017-18

133A of the Act was conducted on six premises of the assessee on 13/02/2019. Summons was issued to various donors, President and accountant of the assessee. Many statements were recorded. Thereafter, Re-assessment proceedings u/s 147 were initiated against the appellant from AY 2012-13 to AY 2017-18. 4. The learned AO, while concluding the 147 assessments, held that

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are\npartly allowed as per terms indicated hereinabove

133A of the Act was conducted on six premises of the\nassessee on 13/02/2019. Summons was issued to various donors,\nPresident and accountant of the assessee. Many statements were\nrecorded. Thereafter, Re-assessment proceedings u/s 147 were\ninitiated against the appellant from AY 2012-13 to AY 2017-18.\n4. The learned AO, while concluding the 147 assessments, held that

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION , KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are\npartly allowed as per terms indicated hereinabove

133A of the Act was conducted on six premises of the\nassessee on 13/02/2019. Summons was issued to various donors,\nPresident and accountant of the assessee. Many statements were\nrecorded. Thereafter, Re-assessment proceedings u/s 147 were\ninitiated against the appellant from AY 2012-13 to AY 2017-18.\n4. The learned AO, while concluding the 147 assessments, held that

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR

In the result, all the appeals filed by the assessee are\npartly allowed as per terms indicated hereinabove

133A of the Act was conducted on six premises of the\nassessee on 13/02/2019. Summons was issued to various donors,\nPresident and accountant of the assessee. Many statements were\nrecorded. Thereafter, Re-assessment proceedings u/s 147 were\ninitiated against the appellant from AY 2012-13 to AY 2017-18.\n4. The learned AO, while concluding the 147 assessments, held that

DCIT CIRCLE 1 NASHIK, NASHIK vs. SHREE SAI PROPERTIES, NASHIK

In the result, appeal of the Revenue is dismissed

Bench: Dr. Manish Borad & Shri Vinay Bhamore

survey no. 367/3 at Makhmalabad, Nashik to members of the Kokani Family vide 11 separate agreements. It is seen that prior to the sale of these plots to Kokani Family, these were agreed to be sold to M/s Dhananjay Marketing Pvt. Ltd. Of Thakkar Group vide agreement dated 25.04.2013. However, on the request of Thakkar Group, the appellant cancelled

LALCHAND NARAYAN BHAKT,JALNA vs. ITO WARD 2, JALNA

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

Bench: Justice (Retd.) C V Bhadang & Shri R. K. Pandaassessment Year : 2011-12

survey u/s 133A of the Act on 13.03.2015 in the case of Shri Santosh Karwa. According to the Assessing Officer the assessee has virtually handed over the property to Shri Santosh Karwa vide 11 Essar Pavti dated 18.02.2011 and received the amount of Rs.2 crore. He, therefore, invoking the provisions of section 2(47)(v) of the Act held that

M/S GIRIRAJ ENTERPRISES,PUNE vs. DCIT, CENTRAL CIRCLE 1(1), PUNE, PUNE

In the result, the appeal filed by the assessee is allowed and the appeals filed by the Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandraassessment Year : 2015-16

Survey action u/s 133A of the Act was conducted in the case of M/s. JM Financial Asset Management Limited (“JM Financial”) situated at 7th & 8th Floor, Appa Saheb Marathe Marg, Cynergy, 3 IT(SS)A Nos.23 to 25/PUN/2024 Prabhadevi, Mumbai, during which it was found that JM Balanced Fund – Dividend Option Regular scheme by JM Financial had manipulated accounting methodology

SOPAN BANDOBA CHAVAN,PUNE vs. INCOME TAX OFFICER WARD 6(1), PUNE

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

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

133A of the Act was conducted on 27.03.2017 in the business premises of the assessee at Dhayari. During the said survey proceedings, the statement of the assessee was recorded u/s 131 of the Act wherein the assessee has declared additional income of Rs.2 crore. The same has been offered in the return of income under the head ‘Income from other

ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 12, PUNE vs. VARUN JAIN, PUNE

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

Bench: Dr.Dipak P. Ripote & Shri Vinay Bhamorecross Objection No.14/Pun/2025 (Arising Out Of Ita No.2720/Pun/2024) िनधा"रण वष" / Assessment Year: 2018-19 Varun Jain, The Acit, P-024, Forest County, Kharadi, V Circle-12, Pune. Pune – 411014. S. Maharashtra. Pan:Aexpj0171J Appellant/ Assessee Respondent / Revenue आयकर अपील सं. / Ita No.2720/Pun/2024 िनधा"रण वष" / Assessment Year: 2018-19 The Acit, Varun Jain, Circle-12, Pune. Vs. P-024, Forest County, Kharadi, Pune – 411014. Maharashtra. Pan:Aexpj0171J Appellant / Revenue Respondent / Assessee Assessee By Shri Fenil Bhatt – Ar(Virtual) Revenue By Shri Abhinay Kumbhar - Dr Date Of Hearing 05/05/2025 Date Of Pronouncement 07/05/2025 आदेश/ Order Per Dr. Dipak P. Ripote, Am: In This Case, Revenue Has Filed An Appeal Against The Order Of Ld.Commissioner Of Income Tax(Appeal)[Nfac] Passed Under C.O.No.14/Pun/2025 [A] & Ita No.2720/Pun/2024 [R]

survey conducted u/s. 133A of the Income tax Act, 1961 ("the Act") on JM Finance Asset Management Ltd by DDIT Unit 3(1), Mumbai. The Appellant humbly prays that reopening u/s. 147 of the Act and the reassessment order dated March 19, 2024 under section 147 read with section 144B of the Act ("reassessment order