YASH CONSTRUCTION CO. ,NANDED vs. ACIT, CIRCLE , NANDED

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

Bench: Shri Rama Kanta Panda & Shri Satbeer Singh Godara

sections 69, 69A, 69B and 69C being treated separately, because such deemed income is not income from salary, house property

DY.COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, AURANGABAD, AURANGABAD vs. SHRI. BALAJI RAMCHANDRA ANDE, LATUR

In the result, appeal of the Revenue dismissed

Bench: Shri Rama Kanta Panda & Ms. Astha Chandra

sections 69, 69A, 698 and 69C being treated separately, because such deemed income is not income from salary, house property

SHARAD SHAMRAO SAWANT ,SANGLI vs. ASSESTANT COMISSIONER OF INCOME TAX CENTRAL CIRCLE KOLHAPUR, KOLHAPUR

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

Bench: Shri Manish Borad & Ms. Astha Chandra

sections 69, 69A, 69B and 69C being treated separately, because such deemed income is not income from salary, house property

KALPANA VIJAY KADAM,PUNE vs. ITO, WARD 2(2), PUNE, PUNE

In the result, appeal of the assessee is Partly Allowed

Bench: Dr.Dipak P. Ripote & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.841/Pun/2025 िनधा"रण वष" / Assessment Year: 2016-17 Kalpana Vijay Kadam, V The Income Tax Officer, Fi 13, Janki Heights, S.No.250, S. Ward-2(2), Pune. Baner D P Road, Aundh, Pune – 411007. Maharashtra. Pan: Axzpk4350P Appellant/ Assessee Respondent / Revenue Assessee By Shri Suhas P. Bora – Ar Revenue By Shri Manish Mehta – Addl.Cit(Dr) Date Of Hearing 15/05/2025 Date Of Pronouncement 23/05/2025 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)[Nfac], Under Section 250 Of The Income Tax Act, 1961 (Hereinafter Referred To As ‘The Act’), Dated 06.02.2025 For The A.Y.2016-17. The Assessee Has Raised The Following Grounds Of Appeal : “1. On The Facts & In Law, The Learned Commissioner Of Income Tax (Appeals) [Cit(A)] Erred In Passing An Ex-Parte Order Without Affording A Reasonable Opportunity To The Appellant. The Order Was Solely Based On The Observations Of The Assessing Officer (Ao) In The

69C of the Act and Rs. 1,54,019/- as income from other sources. The additions were made solely based on the AO's observations without appreciating the facts of the case, the true nature of the transactions, and the surrounding circumstances. ii. In the interest of natural justice, it is prayed that the order of the learned

SHAMKANT KESHAV KOTKAR (PROP. NANDAN BUILDERS),PUNE vs. PR. COMMISSIONER OF INCOME TAX (CENTRAL), PUNE

In the result, appeal of the assessee is allowed

Bench: SHRI VINAY BHAMORE (Judicial Member)

House Property o Loss from Business o Capital Gain o Income from other source 7. A search action u/s.132 of the Income Tax Act, 1961 was conducted at the residence of Assessee-Shamkant Keshav Kotkar along with other Nandan Group Cases on 03.02.2021. Therefore, Assessee’s case was centralized with DCIT, Central Circle-2(4), Pune by the Competent Authority

DY.COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 1, AURANGBAD, AURANGBAD vs. SANJAY SUGANCHAND KASLIWAL, AURANGABAD

In the result, the appeal filed by the Revenue is dismissed\nand the Cross Objection filed by the assessee is partly allowed as\nper terms indicated above

houses / bungalows\nbeing construed by M/sKasliwal Empire. As a natural corollary,\nthe receiver of the amount, for the purpose of section 69 D of the\nAct has to be that firm and not the Assessee in his\nindividual/personal capacity. The firm, being an artificial\njurisdictional entity, has to conduct its activities through its\npartners.\"\n24. Further at the time

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

house property,\nbusiness and profession and other sources. A search action u/s 132 was conducted\nin the card of the assessee on 02.05.2013 and accordingly a notice u/s 153A was\nissued to the assessee in response to which the assessee filed his return of income\non 28.02.2014 declaring total income of Rs.15,00,324/-. Thereafter, assessment\nunder section

GARWARE TECHNICAL FIBRES LIMITED,PUNE vs. DCIT, CC-1(3), PUNE

In the result, all the eight appeals filed by the assessee are partly allowed and the only appeal filed by the Revenue is dismissed

Bench: Shri Rama Kanta Panda & Ms. Astha Chandra

69C are not applicable. 6. The expenditure is not violative of section 40A(3) for the following reasons: 1. These expenses have not been claimed/debited to the books of account. 2. A plain reading of the seized documents reveal that multiple expenses has been aggregated and recorded in single entry thus these expenses are below Rs.10,000/- all though clubbed

GARWARE TECHNICAL FIBRES LIMITED,PUNE vs. DCIT, CC-1(3), PUNE

In the result, all the eight appeals filed by the assessee are partly allowed and the only appeal filed by the Revenue is dismissed

Bench: Shri Rama Kanta Panda & Ms. Astha Chandra

69C are not applicable. 6. The expenditure is not violative of section 40A(3) for the following reasons: 1. These expenses have not been claimed/debited to the books of account. 2. A plain reading of the seized documents reveal that multiple expenses has been aggregated and recorded in single entry thus these expenses are below Rs.10,000/- all though clubbed

GARWARE TECHNICAL FIBRES LIMITED,PUNE vs. DCIT, CC-1(3), PUNE

In the result, all the eight appeals filed by the assessee are partly allowed and the only appeal filed by the Revenue is dismissed

Bench: Shri Rama Kanta Panda & Ms. Astha Chandra

69C are not applicable. 6. The expenditure is not violative of section 40A(3) for the following reasons: 1. These expenses have not been claimed/debited to the books of account. 2. A plain reading of the seized documents reveal that multiple expenses has been aggregated and recorded in single entry thus these expenses are below Rs.10,000/- all though clubbed

GARWARE TECHNICAL FIBRES LIMITED,PUNE vs. DCIT, CC-1(3), PUNE

In the result, all the eight appeals filed by the assessee are partly allowed and the only appeal filed by the Revenue is dismissed

Bench: Shri Rama Kanta Panda & Ms. Astha Chandra

69C are not applicable. 6. The expenditure is not violative of section 40A(3) for the following reasons: 1. These expenses have not been claimed/debited to the books of account. 2. A plain reading of the seized documents reveal that multiple expenses has been aggregated and recorded in single entry thus these expenses are below Rs.10,000/- all though clubbed

GARWARE TECHNICAL FIBRES LIMITED,PUNE vs. DCIT, CC-1(3), PUNE

In the result, all the eight appeals filed by the assessee are partly allowed and the only appeal filed by the Revenue is dismissed

Bench: Shri Rama Kanta Panda & Ms. Astha Chandra

69C are not applicable. 6. The expenditure is not violative of section 40A(3) for the following reasons: 1. These expenses have not been claimed/debited to the books of account. 2. A plain reading of the seized documents reveal that multiple expenses has been aggregated and recorded in single entry thus these expenses are below Rs.10,000/- all though clubbed

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

Housing Pvt. Ltd., Shree Balaji Realty, Shri\nSiddhivinayak Developers, Meenamani Ganga Builder LLP, Ganraj Homes\nLLP, Shree Balaji Associates, Goel Properties, Kappa Realtors LLP on\n12/01/2019.\nStatement commenced on 12/01/2019 at 08:30 PM.\nOATH ADMINISTERED\n\"I swear in the name of God that I will speak truth, only truth and nothing but\nthe truth. I further confirm that

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

In the result, appeals for

Housing Pvt. Ltd., Shree Balaji Realty, Shri\nSiddhivinayak Developers, Meenamani Ganga Builder LLP, Ganraj Homes\nLLP, Shree Balaji Associates, Goel Properties, Kappa Realtors LLP on\n12/01/2019.\nStatement commenced on 12/01/2019 at 08:30 PM.\nOATH ADMINISTERED\n\"I swear in the name of God that I will speak truth, only truth and nothing but\nthe truth. I further confirm that

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

Housing Pvt. Ltd., Shree Balaji Realty, Shri Siddhivinayak Developers, Meenamani Ganga Builder LLP, Ganraj Homes LLP, Shree Balaji Associates, Goel Properties, Kappa Realtors LLP on 12/01/2019. Statement commenced on 12/01/2019 at 08:30 PM. OATH ADMINISTERED "I swear in the name of God that I will speak truth, only truth and nothing but the truth. I further confirm that

RAJENDRA RAMESHLAL GUGALE,PUNE vs. PRINICIPAL COMMISSIONER OF INCOME TAX (CENTRAL), PUNE, PUNE

In the result, appeal of the assessee is allowed

Bench: Shri Rama Kanta Panda & Ms. Astha Chandra

69C of the Act. Since the Assessing Officer has not examined these issues by calling for relevant details and thereafter verified the same, the learned PCIT issued a show cause notice under section 263 of the Act dated 31.01.2024 to the assessee, the contents of which, are as under: “02. In the above mentioned case, on verification of case records

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

house property, business and profession and other sources. A search action u/s 132 was conducted in the card of the assessee on 02.05.2013 and accordingly a notice u/s 153A was issued to the assessee in response to which the assessee filed his return of income on 28.02.2014 declaring total income of Rs.15,00,324/-. Thereafter, assessment under section

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

house property, business and profession and other sources. A search action u/s 132 was conducted in the card of the assessee on 02.05.2013 and accordingly a notice u/s 153A was issued to the assessee in response to which the assessee filed his return of income on 28.02.2014 declaring total income of Rs.15,00,324/-. Thereafter, assessment under section