SHRIKANT ANANTRAO ZORI,AURANGABAD vs. INCOME TAX OFFICER WARD 1(1) AURANGABAD , AURANGABAD

In the result, the appeal of the assessee is partly allowed

house property\" of Rs.1,44,045/- and income from other\nsources of Rs.22,420/-. The assessee claimed deduction of Rs.2,05,753/-\nunder various sections of Chapter-VIA and also claimed tax relief of\nRs.6,57,914/- u/s 89(1) of the Act. During the course of assessment\nproceedings, the assessee submitted that the management of Pfizer\nHealthcare India Private

SANDVIK MACHINING SOLUTION AB, (FORMERLY KNOWN AS) SANDVIK TOLLING SEVERIGE AB),,PUNE vs. ASSISTANT COMMISSIONER OF INCOME-TAX, (IT), CIRCLE -2,, PUNE

In the result, the appeal of the assessee is allowed

Bench: Shri Anil Chaturvedi, Am & Shri S.S. Viswanethra Ravi, Jm

house developed production systems such as GSS and related applications. Apart from the aforesaid receipts, assessee had also received licence fee, and technical fee which were offered to tax at 10% including receipts of exports and raw-materials. The assessee was thereafter asked to show cause as to why the total receipts should not be considered as taxable income

DEVENDRA P. SHAH,,PUNE vs. DEPUTY OMMISSIONER OF INCOME-TAX,,

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

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं./ Ita Nos. 675 To 679/Pun/2016 िनधा#रण वष# / Assessment Years : 2007-08 To 2011-12

house property Cash payment to 10,00,000 -- -- -- -- Shrushti Sangam Assessed Income 3,97,46,150 3,20,49,181 2,78,75,690 2,95,00,657 1,66,66,843 3 Devendra P. Shah A.Yrs. 2007-08 to 2011-12 2.1 Referring to the additions made by the AO, giving the fate of these additions before

DEPUTY COMMISSIONER OF INCOME-TAX vs. SHRI DEVENDRA P. SHAH,, PUNE

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

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं./ Ita Nos. 675 To 679/Pun/2016 िनधा#रण वष# / Assessment Years : 2007-08 To 2011-12

house property Cash payment to 10,00,000 -- -- -- -- Shrushti Sangam Assessed Income 3,97,46,150 3,20,49,181 2,78,75,690 2,95,00,657 1,66,66,843 3 Devendra P. Shah A.Yrs. 2007-08 to 2011-12 2.1 Referring to the additions made by the AO, giving the fate of these additions before

DEPUTY COMMISSIONER OF INCOME-TAX vs. SHRI DEVENDRA P. SHAH,, PUNE

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

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं./ Ita Nos. 675 To 679/Pun/2016 िनधा#रण वष# / Assessment Years : 2007-08 To 2011-12

house property Cash payment to 10,00,000 -- -- -- -- Shrushti Sangam Assessed Income 3,97,46,150 3,20,49,181 2,78,75,690 2,95,00,657 1,66,66,843 3 Devendra P. Shah A.Yrs. 2007-08 to 2011-12 2.1 Referring to the additions made by the AO, giving the fate of these additions before

DEPUTY COMMISSIONER OF INCOME-TAX vs. SHRI DEVENDRA P. SHAH,, PUNE

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

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं./ Ita Nos. 675 To 679/Pun/2016 िनधा#रण वष# / Assessment Years : 2007-08 To 2011-12

house property Cash payment to 10,00,000 -- -- -- -- Shrushti Sangam Assessed Income 3,97,46,150 3,20,49,181 2,78,75,690 2,95,00,657 1,66,66,843 3 Devendra P. Shah A.Yrs. 2007-08 to 2011-12 2.1 Referring to the additions made by the AO, giving the fate of these additions before

DEPUTY COMMISSIONER OF INCOME-TAX vs. SHRI DEVENDRA P. SHAH,, PUNE

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

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं./ Ita Nos. 675 To 679/Pun/2016 िनधा#रण वष# / Assessment Years : 2007-08 To 2011-12

house property Cash payment to 10,00,000 -- -- -- -- Shrushti Sangam Assessed Income 3,97,46,150 3,20,49,181 2,78,75,690 2,95,00,657 1,66,66,843 3 Devendra P. Shah A.Yrs. 2007-08 to 2011-12 2.1 Referring to the additions made by the AO, giving the fate of these additions before

DEVENDRA P. SHAH,,PUNE vs. DEPUTY OMMISSIONER OF INCOME-TAX,,

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

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं./ Ita Nos. 675 To 679/Pun/2016 िनधा#रण वष# / Assessment Years : 2007-08 To 2011-12

house property Cash payment to 10,00,000 -- -- -- -- Shrushti Sangam Assessed Income 3,97,46,150 3,20,49,181 2,78,75,690 2,95,00,657 1,66,66,843 3 Devendra P. Shah A.Yrs. 2007-08 to 2011-12 2.1 Referring to the additions made by the AO, giving the fate of these additions before

DEVENDRA P. SHAH,,PUNE vs. DEPUTY OMMISSIONER OF INCOME-TAX,,

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

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं./ Ita Nos. 675 To 679/Pun/2016 िनधा#रण वष# / Assessment Years : 2007-08 To 2011-12

house property Cash payment to 10,00,000 -- -- -- -- Shrushti Sangam Assessed Income 3,97,46,150 3,20,49,181 2,78,75,690 2,95,00,657 1,66,66,843 3 Devendra P. Shah A.Yrs. 2007-08 to 2011-12 2.1 Referring to the additions made by the AO, giving the fate of these additions before

DEVENDRA P. SHAH,,PUNE vs. DEPUTY OMMISSIONER OF INCOME-TAX,,

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

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं./ Ita Nos. 675 To 679/Pun/2016 िनधा#रण वष# / Assessment Years : 2007-08 To 2011-12

house property Cash payment to 10,00,000 -- -- -- -- Shrushti Sangam Assessed Income 3,97,46,150 3,20,49,181 2,78,75,690 2,95,00,657 1,66,66,843 3 Devendra P. Shah A.Yrs. 2007-08 to 2011-12 2.1 Referring to the additions made by the AO, giving the fate of these additions before

INCOME-TAX OFFICER (EXEMPTIONS),, PUNE vs. CHANAKYA MANDAL PARIWAR,, PUNE

Bench: Shri S.S. Godara & Dr. Dipak P. Ripotethe Income Tax Officer M/S. Chanakya Mandal Pariwar (Exemptions) 1557, Sadashiv Peth Vs. Ward - 2, Pune Near Navi Peth Vitthalmandir Punne 411009 Pan – Aaatc6391G Appellant Respondent Co No. 06/Pun/2020 (Assessment Year: 2012-13) M/S. Chanakya Mandal Pariwar The Income Tax Officer 1557, Sadashiv Peth (Exemptions) Vs. Near Navi Peth Vitthalmandir Ward - 2, Pune Punne 411009 Pan – Aaatc6391G Cross Objector Appellant In Appeal Assessee By: Shri Hari Krishan Revenue By: Shri S.P. Walimbe Date Of Hearing: 25.04.2022 Date Of Pronouncement: 01.07.2022 O R D E R Per S.S. Godara, Jm This Revenue’S Appeal Ita No. 835/Pun/2017 With Assessee’S Cross Objection Co No. 06/Pun/2020 For Ay 2012-13 Arise From The Cit(A)-10, Pune’S Order Dated 30.01.2017 Passed In Case No. Pn/Cit(A)10/Ito Exmp Wd 1/44,45,46,47/15-16, Involving Proceedings Under Section 143(3) R.W.S 174 Of The Income Tax Act, 1961 (In Short The Act).

permanent. The term education has not been defined in the LT. Act. In common parlance, the expression education refers to the process of imbibing knowledge. This process takes the form from Gurukul to formal schooling. Time and again, the form of education has undergone radical changes. Then, the system of formal schooling came into existence. Education plays a cardinal role

ASSISTANT COMMISSIONER OF INCOME TAX,, PUNE vs. M/S. RENAISSANCE CULTIVATION LLP,, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Raviआयकर अपील सं. / Ita No.1416/Pun/2017 िनधा"रण वष" / Assessment Year: 2013-14 Acit, Central Circle-2(1), Vs. M/S Renaissance Pune. Cultivation Llp, Pastakiya House, A/P Kamshet Maval, Pune- 410405 Pan : Aaofr7634K Appellant Respondent Revenue By : Shri J. P. Chadraker Assessee By Shri Neelesh Khandelwal : Date Of Hearing : 16.03.2022 Date Of Pronouncement : 05.04.2022 आदेश / Order Per Inturi Rama Rao, Am: This Is An Appeal Filed By The Revenue Directed Against The Order Of Ld. Commissioner Of Income Tax (Appeals)- 12, Pune [‘Cit(A)’ For Short] Dated 21.03.2017 For The Assessment Year 2013-14. 2. The Revenue Raised The Following Grounds Of Appeal :- “1. On The Facts & Circumstances Of The Case, The Ld. Cit(A) Was Justified In Allowing The Appeal Of The Assessee Without Appreciating The Entire Facts Of The Case.

House, A/P Kamshet Maval, Pune- 410405 PAN : AAOFR7634K Appellant Respondent Revenue by : Shri J. P. Chadraker Assessee by Shri Neelesh Khandelwal : Date of hearing : 16.03.2022 Date of pronouncement : 05.04.2022 आदेश / ORDER PER INTURI RAMA RAO, AM: This is an appeal filed by the Revenue directed against the order of ld. Commissioner of Income Tax (Appeals)- 12, Pune

MEENAMANI GANGA BUILDER LLP,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(3), PUNE

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

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

permanently in the file of the customer. The other booking form is filled for cash component and is temporarily kept in the file of the customer. Entire portion of cash is received prior to execution of sale deed. After sale deed is executed, the second booking form is removed from the file of the customer and destroyed. (ii)During

SHREE BALAJI REALTY ,PUNE vs. INCOME TAX, CENTRAL CIRCLE 2(3), PUNE , PUNE

In the result, appeals for

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

establish that the assessee has received any on-money. 6. Without prejudice to the above, it was submitted that even if it is presumed that the assessee has received any on-money on sale of shops, the addition can be restricted only to those amounts for which the evidences have been found during the course of search. 7. However

SHREE BALAJI REALTY ,PUNE vs. INCOME TAX, CENTRAL CIRCLE 2(3), PUNE , PUNE

In the result, appeals for

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

establish that the assessee has received any on-money. 6. Without prejudice to the above, it was submitted that even if it is presumed that the assessee has received any on-money on sale of shops, the addition can be restricted only to those amounts for which the evidences have been found during the course of search. 7. However

SHREE BALAJI REALTY,PUNE vs. INCOME TAX, CENTRAL CIRCLE 2(3), PUNE, PUNE

In the result, appeals for assessment years 2017-18 and 2018-19 are allowed and the appeal for assessment year 2019-20 is partly allowed

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

establish that the assessee has received any on-money. 6. Without prejudice to the above, it was submitted that even if it is presumed that the assessee has received any on-money on sale of shops, the addition can be restricted only to those amounts for which the evidences have been found during the course of search. 7. However

BRAHM PRECISION MATERIALS PVT. LTD.,AURANGABAD vs. COMMISSIONER OF INCOME TAX (APPEALS), NATIONAL FACELESS APPEAL CENTRE, NEW DELHI

In the result, appeal of the assessee for A

Property licenses, Travel Services etc.\nThe assessee company started achieving its objectives of\nexpanding its business with the help of the on-going business\nof “LDC, USA” when it started receiving income from USA\nduring F.Y. 2016-17 onwards on account of service charges and\nexport sales. It is an undisputed fact that on account of\ninvestment made

BRAHM PRECISION MATERIALS PVT LTD,AURANGABAD vs. CIT(A), NATIONAL FACELESS APPEAL CENTRE (NFAC) DELHI

In the result, appeal of the assessee for A

Property licenses, Travel Services etc.\nThe assessee company started achieving its objectives of\nexpanding its business with the help of the on-going business\nof “LDC, USA” when it started receiving income from USA\nduring F.Y. 2016-17 onwards on account of service charges and\nexport sales. It is an undisputed fact that on account of\ninvestment made