SOMNATH RAMDAS JADHAV,AHMEDNAGAR vs. ITO, WARD 2, AHMEDNAGAR, AHMEDNAGAR

Accordingly, the appeal in ITA No.1092/PUN/2025 for A.Y. 2013-14 involving the issue of penalty u/s 271(1)(c) of the Act is allowed

Bench: Shri Manish Borad & Shri Vinay Bhamore

deposited cash of Rs.3,16,38,294/- in M/s. Shri Renuka Mata Multistate Credit Society Ltd. in which search and seizure operation was carried out on 26.05.2017, reopened the assessment u/s 147 of the Act, reasons of which are already reproduced in the preceding paragraphs. It is the submission of the assessee through the additional ground that since the information

SOMNATH RAMDAS JADHAV,AHMEDNAGAR vs. ITO, WARD 2, AHMEDNAGAR, AHMEDNAGAR

Accordingly, the appeal in ITA No.1092/PUN/2025 for A.Y. 2013-14 involving the issue of penalty u/s 271(1)(c) of the Act is allowed

Bench: Shri Manish Borad & Shri Vinay Bhamore

deposited cash of Rs.3,16,38,294/- in M/s. Shri Renuka Mata Multistate Credit Society Ltd. in which search and seizure operation was carried out on 26.05.2017, reopened the assessment u/s 147 of the Act, reasons of which are already reproduced in the preceding paragraphs. It is the submission of the assessee through the additional ground that since the information

SOMNATH RAMDAS JADHAV,AHMEDNAGAR vs. ITO WARD2, AHMEDNAGAR

Accordingly, the appeal in ITA No.1092/PUN/2025 for A.Y. 2013-14 involving the issue of penalty u/s 271(1)(c) of the Act is allowed

Bench: Shri Manish Borad & Shri Vinay Bhamore

deposited cash of Rs.3,16,38,294/- in M/s. Shri Renuka Mata Multistate Credit Society Ltd. in which search and seizure operation was carried out on 26.05.2017, reopened the assessment u/s 147 of the Act, reasons of which are already reproduced in the preceding paragraphs. It is the submission of the assessee through the additional ground that since the information

SOMNATH RAMDAS JADHAV,AHMEDNAGAR vs. ITO WARD 2, AHMEDNAGAR

In the result, the appeal filed by the assessee in ITA\nNo

271(1)(c) of the Act\nby Ld. CIT(A)/NFAC for the assessment years 2013-14, 2015-16\nand 2016-17 respectively.\n2. Since the identical facts and common issues are involved in all\nthe above captioned six appeals as per respective grounds of appeal\nemanate from records, we proceed to dispose of the same by this\ncommon order

INCOME-TAX OFFICER, WARD - 3,, ICHALKARANJI vs. SHRI. DANWADE KUTUBUDDIN SHAHABUDIN,, KOLHAPUR

In the result, the appeal of Revenue is dismissed

Bench: Shri S.S. Viswanethra Ravi & Shri G.D. Padmahshali

cash by the assessee which is evident from para 2 of the penalty order. As noted above, the penalty imposed u/s. 271E of the Act in assessee’s own case was cancelled by this Tribunal, which is on record, basing on which the CIT(A) cancelled the penalty u/s. 271D of the Act in the present case. We note that

SACHIN BADRINARAYAN SOMANI,PUNE vs. ITO WARD , HINGOLI

In the result, both the appeals of the assessee are allowed for statistical purposes

Bench: Dr. Manish Borad & Shri Vinay Bhamoreआयकर अपील सं./Ita No. 2112 & 2113/Pun/2025 धििेंारण वर्ा /Assessment Year: 2013-14 Sachin Badrinarayan Somani, Ito Ward, Hingoli Rathi Rathi & Co., 501-504, Akshay Landmarks, Oppo. Pu Vs. La Garden, Sinhagad Road, Pune-411030 Maharashtra Pan-Cncps2724N अपीलेंर्थी / Appellant प्रत्यर्थी / Respondent Assessee By: Shri Nemin Shah Department By: Shri Ganesh B. Budruk-Addl. Cit Date Of Hearing: 18-12-2025 Date Of Pronouncement: 23-12-2025 आदीश /Order

penalty of Rs. 71,75,281/- u/s 271(1)(c) of the Act. 6. We note that the assessee is an individual and in the reassessment proceedings carried out by Ld. AO based on the information about cash deposit

SACHIN BADRINARAYAN SOMANI,PUNE vs. ITO WARD , HINGOLI

In the result, both the appeals of the assessee are allowed for statistical purposes

Bench: Dr. Manish Borad & Shri Vinay Bhamoreआयकर अपील सं./Ita No. 2112 & 2113/Pun/2025 धििेंारण वर्ा /Assessment Year: 2013-14 Sachin Badrinarayan Somani, Ito Ward, Hingoli Rathi Rathi & Co., 501-504, Akshay Landmarks, Oppo. Pu Vs. La Garden, Sinhagad Road, Pune-411030 Maharashtra Pan-Cncps2724N अपीलेंर्थी / Appellant प्रत्यर्थी / Respondent Assessee By: Shri Nemin Shah Department By: Shri Ganesh B. Budruk-Addl. Cit Date Of Hearing: 18-12-2025 Date Of Pronouncement: 23-12-2025 आदीश /Order

penalty of Rs. 71,75,281/- u/s 271(1)(c) of the Act. 6. We note that the assessee is an individual and in the reassessment proceedings carried out by Ld. AO based on the information about cash deposit

SOMNATH RAMDAS JADHAV,AHMEDNAGAR vs. ITO WARD 2, AHMEDNAGAR, AHMEDNAGAR

In the result, the appeal filed by the assessee in ITA\nNo

271(1)(c) of the Act\nby Ld. CIT(A)/NFAC for the assessment years 2013-14, 2015-16\nand 2016-17 respectively.\n2. Since the identical facts and common issues are involved in all\nthe above captioned six appeals as per respective grounds of appeal\nemanate from records, we proceed to dispose of the same by this\ncommon order

MR. GANESH AYODHYAPRASAD JAISWAL ,NANDED vs. ASSESSING OFFICER, WARD-1, NANDED, NANDED

In the result, the appeals filed by the assessee vide ITA No

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

penalty of Rs.10,000/- levied u/s 271(1)(b) of the Act. 4. Facts of the case, in brief, are that the assessee is an individual and has not filed his return of income for the year under consideration. Information was received through ITBA Multi year NMS that the assessee has deposited cash

MR. GANESH AYODHYAPRASAD JAISWAL,NANDED vs. ASSESSING OFFICER, WARD, NANDED

In the result, the appeals filed by the assessee vide ITA No

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

penalty of Rs.10,000/- levied u/s 271(1)(b) of the Act. 4. Facts of the case, in brief, are that the assessee is an individual and has not filed his return of income for the year under consideration. Information was received through ITBA Multi year NMS that the assessee has deposited cash

MR. GANESH AYODHYAPRASAD JAISWAL ,NANDED vs. ASSESSING OFFICER, WARD-1, NANDED, NANDED

In the result, the appeals filed by the assessee vide ITA No

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

penalty of Rs.10,000/- levied u/s 271(1)(b) of the Act. 4. Facts of the case, in brief, are that the assessee is an individual and has not filed his return of income for the year under consideration. Information was received through ITBA Multi year NMS that the assessee has deposited cash

SACHIN NAGRAJ CHHAJED,PUNE vs. ITO, PUNE

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

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

cash deposit u/s.69A of the IT Act and added the same to the total income of the appellant while completing the assessment order u/s.147 r.w.s.144 of the IT Act for the A.Y.2013-14. 6.8.2. During the appellate proceeding, five notices were issued to the appellant for submission of arguments/evidences in support of its contentions made in the aforesaid grounds of appeal

INCOME TAX OFFICER, WARD-7(3), PUNE, BODHI TOWER vs. IRANNA BHUJANG NADGAM, THITE VASTI

In the result, both the appeals filed by the Revenue are allowed for statistical purposes

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

cash deposit in the bank account as unexplained credit u/s 69 of the Act. We find the Ld. CIT(A) / NFAC deleted the addition made by the Assessing Officer, reasons of which are already reproduced in the preceding paragraph. It is the submission of the Ld. DR that despite number of opportunities granted by the Assessing Officer, the assessee

INCOME TAX OFFICER, WARD-7(3), PUNE, BODHI TOWER vs. IRANNA BHUJANG NADGAM, THITE VASTI

In the result, both the appeals filed by the Revenue are allowed for statistical purposes

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

cash deposit in the bank account as unexplained credit u/s 69 of the Act. We find the Ld. CIT(A) / NFAC deleted the addition made by the Assessing Officer, reasons of which are already reproduced in the preceding paragraph. It is the submission of the Ld. DR that despite number of opportunities granted by the Assessing Officer, the assessee

INCOME TAX OFFICER, WARD-1(1), KOLHAPUR, KOLHAPUR vs. AJARA MERCHANTS CO-OP. CREDIT SOCIETY LTD., AJARA, AJARA

In the result, the appeal filed by the Revenue in ITA

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1138 & 1693/Pun/2024 िनधा"रण वष" / Assessment Year : 2015-16 Ito, Ward-1(1), Kolhapur. Vs. Ajara Merchants Co-Op. Credit Society Ltd., Main Branch, Nalawade Building, Main Road, Ajara, Kolhapur- 416505. Pan : Aadca1779J Appellant Respondent Revenue By Shri Ramnath P. Murkunde : Assessee By : Shri Pramod S. Shingte Date Of Hearing : 28.08.2025 Date Of Pronouncement : 28.08.2025 आदेश / Order Per Vinay Bhamore, Jm: Both The Above Captioned Appeals Filed By The Revenue Are Directed Against The Separate Orders Dated 23.03.2024 & 13.06.2024 Passed By Ld. Cit(A)/Nfac For The Assessment Year 2015-16. 2. First We Shall Take Up The Quantum Appeal I.E Ita No.1138/Pun/2024 For Adjudication.

deposited cash of Rs.1,86,17,033/- in Kallappanna Awarde Ichalkaranji Janta Sahakari Bank Ltd. HO, however the assessee society has not filed the return of income for the concerned period. Therefore, the case was reopened u/s 147 of the IT Act after obtaining necessary approval from the Pr.CIT, Pune-1. Accordingly, notice u/s 148 was issued and was duly

INCOME TAX OFFICER, WARD-1(1), KOLHAPUR, KOLHAPUR vs. AJARA MERCHANTS CO-OP. CREDIT SOCIETY LTD., AJARA, KOLHAPUR

In the result, the appeal filed by the Revenue in ITA

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1138 & 1693/Pun/2024 िनधा"रण वष" / Assessment Year : 2015-16 Ito, Ward-1(1), Kolhapur. Vs. Ajara Merchants Co-Op. Credit Society Ltd., Main Branch, Nalawade Building, Main Road, Ajara, Kolhapur- 416505. Pan : Aadca1779J Appellant Respondent Revenue By Shri Ramnath P. Murkunde : Assessee By : Shri Pramod S. Shingte Date Of Hearing : 28.08.2025 Date Of Pronouncement : 28.08.2025 आदेश / Order Per Vinay Bhamore, Jm: Both The Above Captioned Appeals Filed By The Revenue Are Directed Against The Separate Orders Dated 23.03.2024 & 13.06.2024 Passed By Ld. Cit(A)/Nfac For The Assessment Year 2015-16. 2. First We Shall Take Up The Quantum Appeal I.E Ita No.1138/Pun/2024 For Adjudication.

deposited cash of Rs.1,86,17,033/- in Kallappanna Awarde Ichalkaranji Janta Sahakari Bank Ltd. HO, however the assessee society has not filed the return of income for the concerned period. Therefore, the case was reopened u/s 147 of the IT Act after obtaining necessary approval from the Pr.CIT, Pune-1. Accordingly, notice u/s 148 was issued and was duly

BHASKAR RAJARAM THORAT,NASHIK vs. INCOME TAX OFFICER, WARD 2(1), NASHIK

In the result, appeals of the Assessee are allowed for statistical purposes

Bench: Dr. Manish Borad & Shri Vinay Bhamore

penalty levied u/s. 271(1)(c) of the Act being consequential may also please be restored to the file of Ld.CIT(A) for fresh adjudication. 4. On the other hand, Ld. Departmental Representative (DR) supported the orders of the Ld. CIT(A)/NFAC. 5. We have heard rival contentions and perused the records placed before us. We observe that

BHASKAR RAJARAM THORAT,NASHIK vs. INCOME TAX OFFICER, WARD 2(1), NASHIK

In the result, appeals of the Assessee are allowed for statistical purposes

Bench: Dr. Manish Borad & Shri Vinay Bhamore

penalty levied u/s. 271(1)(c) of the Act being consequential may also please be restored to the file of Ld.CIT(A) for fresh adjudication. 4. On the other hand, Ld. Departmental Representative (DR) supported the orders of the Ld. CIT(A)/NFAC. 5. We have heard rival contentions and perused the records placed before us. We observe that