DEPUTY COMMISSIONER OF INCOME-TAX vs. THE JAWAHARLAL NEHRU PORT TRUST,, RAIGAD

In the result, all the three appeals filed by the Revenue are dismissed and all the three appeals filed by the assessee are partly allowed

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

condone the delay for accepting the auditor’s report at a later date has only been given to the ITO and not thereafter, i.e., at the appellate stage. We find no merit in this submission. The CBDT by issuing the Circular dt. 9th Feb., 1978 has treated the provision regarding furnishing of auditor’s report along with the return

DEPUTY COMMISSIONER OF INCOME-TAX vs. THE JAWAHARLAL NEHRU PORT TRUST,, RAIGAD

In the result, all the three appeals filed by the Revenue are dismissed and all the three appeals filed by the assessee are partly allowed

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

condone the delay for accepting the auditor’s report at a later date has only been given to the ITO and not thereafter, i.e., at the appellate stage. We find no merit in this submission. The CBDT by issuing the Circular dt. 9th Feb., 1978 has treated the provision regarding furnishing of auditor’s report along with the return

DEPUTY COMMISSIONER OF INCOME-TAX vs. THE JAWAHARLAL NEHRU PORT TRUST,, RAIGAD

In the result, all the three appeals filed by the Revenue are dismissed and all the three appeals filed by the assessee are partly allowed

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

condone the delay for accepting the auditor’s report at a later date has only been given to the ITO and not thereafter, i.e., at the appellate stage. We find no merit in this submission. The CBDT by issuing the Circular dt. 9th Feb., 1978 has treated the provision regarding furnishing of auditor’s report along with the return

JAWAHAR LAL NEHRU PORT TRUST,NAVI MUMBAI vs. ACIT PANVEL, PANVEL

In the result, all the three appeals filed by the Revenue are dismissed and all the three appeals filed by the assessee are partly allowed

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

condone the delay for accepting the auditor’s report at a later date has only been given to the ITO and not thereafter, i.e., at the appellate stage. We find no merit in this submission. The CBDT by issuing the Circular dt. 9th Feb., 1978 has treated the provision regarding furnishing of auditor’s report along with the return

JAWAHAR LAL NEHRU PORT TRUST,NAVI MUMBAI vs. ACIT PANVEL, PANVEL

In the result, all the three appeals filed by the Revenue are dismissed and all the three appeals filed by the assessee are partly allowed

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

condone the delay for accepting the auditor’s report at a later date has only been given to the ITO and not thereafter, i.e., at the appellate stage. We find no merit in this submission. The CBDT by issuing the Circular dt. 9th Feb., 1978 has treated the provision regarding furnishing of auditor’s report along with the return

ACIT, AHMEDNAGAR vs. SANJIVANI [ TAKLI ] SSK LTD, AHMEDNAGAR

In the result, appeal of the assessee is allowed for statistical purposes

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

section 40A(2) of the Act, as has been held by the Hon’ble Supreme Court supra. Needless to say, the assessee will be allowed a reasonable opportunity of hearing by the AO in such fresh determination of the issue. 7. It is noted that in some of the appeals, the assessees have raised an alternate ground for allowing deduction

DCIT, CIRCLE-3, NANDED vs. SHRI TULJABHAVANI SHETKARI SAHAKARI SAKHAR KARKHANA LTD, OSMANABAD

In the result, appeal of the assessee is allowed for statistical purposes

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

section 40A(2) of the Act, as has been held by the Hon’ble Supreme Court supra. Needless to say, the assessee will be allowed a reasonable opportunity of hearing by the AO in such fresh determination of the issue. 7. It is noted that in some of the appeals, the assessees have raised an alternate ground for allowing deduction

SHRI TULJA BHAVANI SHETKARI SAHAKARI SAKHAR KARKHANA LTD.,OSMANABAD vs. DCIT, CIRCLE-3, NANDED

In the result, appeal of the assessee is allowed for statistical purposes

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

section 40A(2) of the Act, as has been held by the Hon’ble Supreme Court supra. Needless to say, the assessee will be allowed a reasonable opportunity of hearing by the AO in such fresh determination of the issue. 7. It is noted that in some of the appeals, the assessees have raised an alternate ground for allowing deduction

SANJIVANI (TAKLI) SSK LTD.,AHMEDNAGAR vs. DY. CIT, AHMEDNAGAR CIRCLE, AHMEDNAGAR

In the result, appeal of the assessee is allowed for statistical purposes

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

section 40A(2) of the Act, as has been held by the Hon’ble Supreme Court supra. Needless to say, the assessee will be allowed a reasonable opportunity of hearing by the AO in such fresh determination of the issue. 7. It is noted that in some of the appeals, the assessees have raised an alternate ground for allowing deduction

DCIT, CIRCLE-3, NANDED vs. SHRI TULJABHAVANI SHETKARI SAHAKARI SAKHAR KARKHANA LTD, OSMANABAD

In the result, appeal of the assessee is allowed for statistical purposes

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

section 40A(2) of the Act, as has been held by the Hon’ble Supreme Court supra. Needless to say, the assessee will be allowed a reasonable opportunity of hearing by the AO in such fresh determination of the issue. 7. It is noted that in some of the appeals, the assessees have raised an alternate ground for allowing deduction

SHRI TULJA BHAVANI SHETKARI SAHAKARI SAKHAR KARKHANA LTD.,OSMANABAD vs. DCIT, CIRCLE-3, NANDED

In the result, appeal of the assessee is allowed for statistical purposes

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

section 40A(2) of the Act, as has been held by the Hon’ble Supreme Court supra. Needless to say, the assessee will be allowed a reasonable opportunity of hearing by the AO in such fresh determination of the issue. 7. It is noted that in some of the appeals, the assessees have raised an alternate ground for allowing deduction

M/S. SURESH BAPUSAHEB CHOUGULE,,KOLHAPUR vs. INCOME-TAX OFFICER, WARD - 1(1),, KOLHAPUR

In the result, the appeal of assessee is allowed

Bench: Ms. Sushma Chowla, Jm आयकर अपीऱ सं. / Ita No.865/Pun/2018 यििाारण वषा / Assessment Year : 2010-11 M/S. Suresh Bapusaheb Chougule, 2017, C Ward, Mandai, अऩीऱाथी/Appellant Kolhapur – 416002 …. Pan: Aaffs2087N Vs.

section 40A(3) of the Act. There is no merit in the stand of authorities below and the Assessing Officer is directed to delete the disallowance of ₹ 1,20,891/-. The ground of appeal No.1 raised by assessee is thus, allowed. 9. Now, coming to the next disallowance where the assessee was to pay interest to three different parties

VINITA DEEPAK AHUJA,KOLHAPUR vs. DEPUTY COMMISSIONER OF INCOME-TAX, CPC, BENGALURU

Bench: Shri Ss Viswanethra Ravi & Shri G. D. Padmahshaliआयकर अपीऱ सं. / Ita No. 723/Pun/2021 निर्धारण वर्ा / Assessment Year : 2018-2019 Vinita Deepak Ahuja 1657-58, Lohiya Compound, Gandhi Nagar, Kolhapur. . . . . . . . अपीऱधर्थी / Appellant Pan : Alnps6479B बनाम / V/S. Dy. Commissioner Of Income Tax, . . . . . . . प्रत्यर्थी / Respondent Cpc, Bengaluru. द्वारा / Appearances Assessee By : Shri Pramod Shingte Revenue By : Shri M. G. Jasnani सुनवाई की तारीख / Date Of Conclusive Hearing : 08/09/2022 घोषणा की तारीख / Date Of Pronouncement : 08/09/2022 आदेश / Order Per G. D. Padmahshali, Am; This Appeal Challenges The Order Of Commissioner Of Income Tax (Appeals)-11, Pune [For Short “Cit(A)”] Dt. 10/12/2021 Passed U/S 250 Of The Income-Tax Act, 1961 [For Short “The Act”], Which Arisen From An Order Of Intimation Dt. 29/04/2019 U/S 143(1) From The Dy. Commissioner Of Income Tax Cpc, Bengaluru [For Short “Ao”] For Assessment Year [For Short “Ay”] 2018-19. Itat-Pune Page 1 Of 6

section 40A(3) of the Act. 3. The grounds raised for adjudication are; 1. On the facts and circumstance of the case and in Law the Ld. CIT(A)-11, Pune erred in not condoning the delay

SHREE SHANKAR SAHAKARI SAKHAR KARKHANA LTD,,SOALPUR vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE - 1,, SOLAPUR

In the result, appeal of the assessee is allowed for statistical purpose

Bench: Shri S.S.Godara & Dr. Dipak P. Ripoteआयकरअपीलसं. / Ita No.317/Pun/2019 िनधा"रणवष" / Assessment Year : 2013-14 Shree Shankar Sahakari Sakhar The Asst.Cit, Circle-1, Karkhan Ltd., Vs Solapur. Sadashivnagar, Tal-Malshiras, Dist.Solapur – 413111. Pan: Aaaas 3735 M Appellant/ Assessee Respondent / Revenue Assessee By Shri Prasanna Joshi – Ar Revenue By Shri Sardar Singh Meena – Dr Date Of Hearing 14/07/2022 Date Of Pronouncement 21/07/2022 आदेश/ Order Per Dr. Dipak P. Ripote, Am: This Appeal Filed By The Assessee Is Directed Against The Order Of Ld.Commissioner Of Income Tax(Appeals)-7, Pune For The A.Y. 2013-14 Dated 02.01.2018, Emanating Out Of Order Under Section 143(3) Of The Income Tax Act, 1961[In Short “The Act”]. The Assessee Has Raised Following Grounds Of Appeal: (A) Disallowance Out Of Sugarcane Purchases: 1. From 2011 To 2016 Appellant Suffered Cash Losses Of Rs 87.58 Crores Eroding Its Net Worth Many Times Over; Farmers Were Not Paid Their Frp For Cane Supplied In 2014-15 & 2015-16; Sugar Factory Could Start Or Operate In 2016-17; Workers Were Not Paid Salaries For 27 Months & Stopped Attending Office; State Govt, Appointed An Administrator On 7/12/2016 Whose Office Was Located At Solapur Over 100 Kms From Appellant’S Factory; And

delay is condoned. 5. The only issue involving in this case is that assessee has paid sugar cane price of Rs.2062 per metric ton for season 2011-12 and Rs.2279 for season 2012-13, whereas the fair and remunerative price notified by the Government for the said period was Rs.1618.30 per metric ton and Rs.2022.20 per metric ton, respectively. Therefore

DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE 8, PUNE vs. SPICER INDIA PVT. LTD, PUNE

In the result, the appeal of Revenue is dismissed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Ravi

delay of 177 days are condoned. 3. The Revenue raised as many as 6 grounds amongst which the only issue emanates for our consideration is as to whether the CIT(A) is justified in deleting the adjustment of Rs.14,71,41,219/- made by the AO/TPO on account of management services fees in the facts and circumstances of the case

ASSISTANT COMMISSIONER OF INCOME-TAX vs. H.C. SARASWAT TOBACCO CO. PVT. LTD.,, KOLHAPUR

In the result, appeal of the Revenue is partly allowed for

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं. / Ita No.1328/Pun/2014 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Year : 2010-11 वष"

condoning the delay is not allowed. Hence, the cross objection is not admitted. 4. In the result, Cross Objection filed by the assessee is dismissed. Now we shall take up the appeal filed by the Revenue. ITA No.1328/PUN/2014 - By Revenue A.Y. 2010-11 5. Grounds raised by the Revenue are as under : “1 (i). On the facts

VAIDYANATH KEDESHWAR SAKHAR UDYOG,,BEED vs. DEPUTY COMMISSIONER OF INCOME-TAX, AHMEDNAGAR CIRCLE,, AHMEDNAGAR

Appeal is allowed for statistical purposes in above terms

section 40A(2) of the Act, as has been held by the Hon’ble Supreme Court supra. Needless to say, the assessee will be allowed a reasonable opportunity of hearing by the AO in such fresh determination of the issue. 7. It is noted that in some of the appeals, the assessees have raised an alternate ground for allowing deduction

M/S. KLASSIC WHEELS PVT. LTD. vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, both the appeals are allowed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita No.2184/Pun/2013 िनधा"रण वष" / Assessment Year : 2008-09 Klassic Wheels Pvt. Ltd., Vs. Dcit, Ahmednagar Circle, L-2, Midc Area, Ahmednagar Ahmednagar Pan : Aabck3894G Appellant Respondent आयकर अपील सं. / Ita No.1131/Pun/2014 िनधा"रण वष" / Assessment Year : 2008-09 Mr. Sunit Munot, Vs. Dcit, Ahmednagar Circle, M/S. Sumesh Industries, Ahmednagar Industrial Estate, Nagar-Pune Road, Ahmednagar, Pan : Aappm6328Q Appellant Respondent

delay is condoned and the appeal is admitted for hearing on merits. 3. The first issue raised in this appeal is against the enhancement made by the ld. CIT(A) to the tune of Rs.124.53 lakh. 4. The assessee is running a manufacturing unit of wheel rims for two & three wheelers and auto components etc. A return was filed declaring

SUNIT MUNOT,,AHMEDNAGAR vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, both the appeals are allowed

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita No.2184/Pun/2013 िनधा"रण वष" / Assessment Year : 2008-09 Klassic Wheels Pvt. Ltd., Vs. Dcit, Ahmednagar Circle, L-2, Midc Area, Ahmednagar Ahmednagar Pan : Aabck3894G Appellant Respondent आयकर अपील सं. / Ita No.1131/Pun/2014 िनधा"रण वष" / Assessment Year : 2008-09 Mr. Sunit Munot, Vs. Dcit, Ahmednagar Circle, M/S. Sumesh Industries, Ahmednagar Industrial Estate, Nagar-Pune Road, Ahmednagar, Pan : Aappm6328Q Appellant Respondent

delay is condoned and the appeal is admitted for hearing on merits. 3. The first issue raised in this appeal is against the enhancement made by the ld. CIT(A) to the tune of Rs.124.53 lakh. 4. The assessee is running a manufacturing unit of wheel rims for two & three wheelers and auto components etc. A return was filed declaring