DEPUTY COMMISSIONER OF INCOME TAX, NASHIK vs. CHAKRAHAR CONTRACTORS AND ENGINEERS PRIVATE LIMITED, JALGAON

In the result, both the appeals of the Revenue are

Bench: Shri Rama Kanta Panda & Shri Vinay Bhamore

charitable trust registered u/s 12A of the Act and engaged in educational activities whose income is exempt from tax. It is manifest from para 4 of the assessment order that on perusal of Schedule EC of the ITR, the Ld. AO noticed that the assessee had claimed capital expenditure of Rs.2,40,02,040/-. Vide notice u/s 142(1

DEPUTY COMMISSIONER OF INCOME TAX, NASHIK vs. CHAKRADHAR CONTRACTORS AND ENGINEERS PRIVATE LIMITED, JALGAON

In the result, both the appeals of the Revenue are

Bench: Shri Rama Kanta Panda & Shri Vinay Bhamore

charitable trust registered u/s 12A of the Act and engaged in educational activities whose income is exempt from tax. It is manifest from para 4 of the assessment order that on perusal of Schedule EC of the ITR, the Ld. AO noticed that the assessee had claimed capital expenditure of Rs.2,40,02,040/-. Vide notice u/s 142(1

GAURISHANKAR EDUCATIION SOCIETY,SATARA vs. THE INCOME TAX OFFICER(EXEMPTION), WARD-1(1), PUNE

Appeals of the assessee are PARTLY ALLOWED

Bench: Shri Satbeer Singh Godara & Shri G. D. Padmahshaliआयकर अपऩल सं. / Ita No. 982 To 985/Pun/2023 निर्धारण वषा / Assessment Year : 2013-14 To 2016-17 Gaurishankar Education Society, Grahak Sangh, Market Yard, Satara - 415 001 Pan: Aaatg666A . . . . . . . अपऩलधर्थी / Appellant

271(1)(b) for non-compliance of notices issued u/s 142(1) arose in this bunch of appeals, at the request of rival parties hereof, these are taken up together for the sake of brevity and for a common & consolidated order. ITAT-Pune Page 1 of 6 Gaurishankar Education Society, ITA No.982-985/PUN/2023

GAURISHANKAR EDUCATIION SOCIETY,SATARA vs. THE INCOME TAX OFFICER(EXEMPTION), WARD-1(1), PUNE

Appeals of the assessee are PARTLY ALLOWED

Bench: Shri Satbeer Singh Godara & Shri G. D. Padmahshaliआयकर अपऩल सं. / Ita No. 982 To 985/Pun/2023 निर्धारण वषा / Assessment Year : 2013-14 To 2016-17 Gaurishankar Education Society, Grahak Sangh, Market Yard, Satara - 415 001 Pan: Aaatg666A . . . . . . . अपऩलधर्थी / Appellant

271(1)(b) for non-compliance of notices issued u/s 142(1) arose in this bunch of appeals, at the request of rival parties hereof, these are taken up together for the sake of brevity and for a common & consolidated order. ITAT-Pune Page 1 of 6 Gaurishankar Education Society, ITA No.982-985/PUN/2023

GAURISHANKAR EDUCATIION SOCIETY,SATARA vs. THE INCOME TAX OFFICER(EXEMPTION), WARD-1(1), PUNE

Appeals of the assessee are PARTLY ALLOWED

Bench: Shri Satbeer Singh Godara & Shri G. D. Padmahshaliआयकर अपऩल सं. / Ita No. 982 To 985/Pun/2023 निर्धारण वषा / Assessment Year : 2013-14 To 2016-17 Gaurishankar Education Society, Grahak Sangh, Market Yard, Satara - 415 001 Pan: Aaatg666A . . . . . . . अपऩलधर्थी / Appellant

271(1)(b) for non-compliance of notices issued u/s 142(1) arose in this bunch of appeals, at the request of rival parties hereof, these are taken up together for the sake of brevity and for a common & consolidated order. ITAT-Pune Page 1 of 6 Gaurishankar Education Society, ITA No.982-985/PUN/2023

GAURISHANKAR EDUCATIION SOCIETY,SATARA vs. THE INCOME TAX OFFICER(EXEMPTION), WARD-1(1), PUNE

Appeals of the assessee are PARTLY ALLOWED

Bench: Shri Satbeer Singh Godara & Shri G. D. Padmahshaliआयकर अपऩल सं. / Ita No. 982 To 985/Pun/2023 निर्धारण वषा / Assessment Year : 2013-14 To 2016-17 Gaurishankar Education Society, Grahak Sangh, Market Yard, Satara - 415 001 Pan: Aaatg666A . . . . . . . अपऩलधर्थी / Appellant

271(1)(b) for non-compliance of notices issued u/s 142(1) arose in this bunch of appeals, at the request of rival parties hereof, these are taken up together for the sake of brevity and for a common & consolidated order. ITAT-Pune Page 1 of 6 Gaurishankar Education Society, ITA No.982-985/PUN/2023

DEEPAK KANTILAL JAIN,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE , PUNE

trusted employees namely Shri Pravin Gawali and\nShri Umakant Kuwar, certain incriminating documents were found and\nseized.\niii. The seized documents contain the details of on money received in cash\nfrom the customers who have booked the flats. The details were maintained\nmeticulously showing the details such as name of the customer, booked flat,\narea, type and total cost

ADISH SHANTILAL SOLANKI,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), PUNE, PUNE

trusted employees namely Shri Pravin Gawali and\nShri Umakant Kuwar, certain incriminating documents were found and\nseized.\niii. The seized documents contain the details of on money received in cash\nfrom the customers who have booked the flats. The details were maintained\nmeticulously showing the details such as name of the customer, booked flat,\narea, type and total cost

CHITRA NARENDRA PARMAR ,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE , PUNE

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

trusted employees namely Shri Pravin Gawali and Shri Umakant Kuwar, certain incriminating documents were found and seized. iii. The seized documents contain the details of on money received in cash from the customers who have booked the flats. The details were maintained meticulously showing the details such as name of the customer, booked flat, area, type and total cost

ASHOK BHARTI GOSWAMI,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE , PUNE

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

trusted employees namely Shri Pravin Gawali and Shri Umakant Kuwar, certain incriminating documents were found and seized. iii. The seized documents contain the details of on money received in cash from the customers who have booked the flats. The details were maintained meticulously showing the details such as name of the customer, booked flat, area, type and total cost

CHITRA NARENDRA PARMAR,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), PUNE, PUNE

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

trusted employees namely Shri Pravin Gawali and Shri Umakant Kuwar, certain incriminating documents were found and seized. iii. The seized documents contain the details of on money received in cash from the customers who have booked the flats. The details were maintained meticulously showing the details such as name of the customer, booked flat, area, type and total cost

RAMLAL BHIKULAL SHAH,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE , PUNE

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

trusted employees namely Shri Pravin Gawali and Shri Umakant Kuwar, certain incriminating documents were found and seized. iii. The seized documents contain the details of on money received in cash from the customers who have booked the flats. The details were maintained meticulously showing the details such as name of the customer, booked flat, area, type and total cost

RAMANLAL BHIKULAL SHAH,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE , PUNE

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

trusted employees namely Shri Pravin Gawali and Shri Umakant Kuwar, certain incriminating documents were found and seized. iii. The seized documents contain the details of on money received in cash from the customers who have booked the flats. The details were maintained meticulously showing the details such as name of the customer, booked flat, area, type and total cost

ASHISH RAMESH OSWAL,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE, PUNE

In the result, all the appeals filed by the respective assessees are allowed

trusted employees namely Shri Pravin Gawali and\nShri Umakant Kuwar, certain incriminating documents were found and\nseized.\niii. The seized documents contain the details of on money received in cash\nfrom the customers who have booked the flats. The details were maintained\nmeticulously showing the details such as name of the customer, booked flat,\narea, type and total cost

DEEPAK KANTILAL JAIN ,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE , PUNE

In the result, all the appeals filed by the respective assessees are allowed

trusted employees namely Shri Pravin Gawali and\nShri Umakant Kuwar, certain incriminating documents were found and\nseized.\niii. The seized documents contain the details of on money received in cash\nfrom the customers who have booked the flats. The details were maintained\nmeticulously showing the details such as name of the customer, booked flat,\narea, type and total cost

ASHISH RAMESH OSWAL,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE , PUNE

In the result, all the appeals filed by the respective assessees are allowed

trusted employees namely Shri Pravin Gawali and\nShri Umakant Kuwar, certain incriminating documents were found and\nseized.\n\niii.\nThe seized documents contain the details of on money received in cash\nfrom the customers who have booked the flats. The details were maintained\nmeticulously showing the details such as name of the customer, booked flat,\narea, type and total cost

ASHOK BHARTI GOSWAMI ,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE, PUNE

In the result, all the appeals filed by the respective assessees are allowed

trusted employees namely Shri Pravin Gawali and\nShri Umakant Kuwar, certain incriminating documents were found and\nseized.\niii. The seized documents contain the details of on money received in cash\nfrom the customers who have booked the flats. The details were maintained\nmeticulously showing the details such as name of the customer, booked flat,\narea, type and total cost

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

271(1)(C) for furnishing inaccurate particular of income are hereby initiated separately. 10. After appreciating the above facts of the case the total income of the assessee is computed as under: ₹ Nil Returned Income : Addition i. As per para 7 : Rs. 1,36,50,000/- Assessed Income : Rs. 1,36,50,000/- 16. Now on going through the reasons