DCIT CIRCLE 1 NASHIK, NASHIK vs. SHREE SAI PROPERTIES, NASHIK

In the result, appeal of the Revenue is dismissed

Bench: Dr. Manish Borad & Shri Vinay Bhamore

reassessment under Sections 139, 147, 148, 149, 151 & 153. 28. The language of explanation 2 to new Section 148 is akin to Section 153A and Section 153C Corollary being that after seizing of operational period of Section 153A to 153D. the cases being dealt thereunder were circumscribed in the scope of newly substituted Section 148." We are in complete agreement

ANIL KISANLAL MARDA,PUNE vs. INCOME-TAX OFFICER,, PUNE

In the result, the appeal is partly allowed

Bench: Shri R.S. Syal & Shri Vikas Awasthy

282 provides that the Board may make rules providing for the addresses (including the address for electronic mail or electronic mail message) to which the communication referred to in sub-section (1) may be delivered or transmitted to the person therein named. Pursuant to this provision, rule 127 has been inserted by the IT (Eighteenth Amendment) Rules, 2015 w.e.f

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

282/- 2010-11 17,10,27,590/- 17,71,45,898/- 2011-12 27,93,42,510/- 30,10,06,

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

282/- 2010-11 17,10,27,590/- 17,71,45,898/- 2011-12 27,93,42,510/- 30,10,06,

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

282/- 2010-11 17,10,27,590/- 17,71,45,898/- 2011-12 27,93,42,510/- 30,10,06,

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

282/- 2010-11 17,10,27,590/- 17,71,45,898/- 2011-12 27,93,42,510/- 30,10,06,

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

282/- 2010-11 17,10,27,590/- 17,71,45,898/- 2011-12 27,93,42,510/- 30,10,06,

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

282/- 2010-11 17,10,27,590/- 17,71,45,898/- 2011-12 27,93,42,510/- 30,10,06,

CHANDUKAKA SARAF AND SONS PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX , (CENTRAL),, PUNE

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

282/- 2010-11 17,10,27,590/- 17,71,45,898/- 2011-12 27,93,42,510/- 30,10,06,

GANESH SHANKAR PUJARE,SINDHUDURG vs. INCOME TAX OFFICER, WARD, KUDAL, KUDAL

In the result appeal filed by the assessee stands allowed for the statistical purposes

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.40/Pun/2024 िनधा"रण वष" / Assessment Year: 2014-15 Ganesh Shankar Pujare, Vs. Ito, Ward, Kudal. Bidyewadi, At Post Kalmath, Taluka Kankavli, Sindhudurg- 416602. Pan : Anipp5657R Appellant Respondent Assessee By Shri Tanzil R. Padvekar : Revenue By : Shri Ramnath P. Murkunde Date Of Hearing : 17.04.2024 Date Of Pronouncement : 18.04.2024 आदेश / Order Per Vinay Bhamore, Jm: This Appeal Is Filed By The Assessee Assailing The Order Dated 08.11.2023 Passed By Ld Cit(A) [‘Nfac’] For The Assessment Year 2014-15. 2. The Appellant Raised The Following Grounds Of Appeal :- “I. Legality & Validity Of Reassessment Proceeding; 1. On The Facts & In Law, The Re-Assessment Proceeding Initiated By The Ld. Assessing Officer Under Section 147 Of The Act Is Bad In Law As The Same Is Based On Suspicious & Incorrect Information. Hence, As The Formation Of Belief Is Based On Incorrect, Suspicious & Vague Facts Same Is Unsus Tainable In Eye Of Law. 2. On The Facts & In Law, There Is Serious Jurisdictional Requirement In The Reasons Recorded By The Assessing Officer As He

2 Ganesh Shankar Pujare failed to discharge the burden put on him by proviso to Section 147 of the Act by not specifying what was a failure of the Appellant to disclose the primary facts in regular assessment which was completed under Section 143(3) of the Act as Notice under Section 148 dated 31.03.2021 was issued beyond 4 years

BVG INDIA LIMITED,PUNE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), PUNE, PUNE

In the result, the appeal of the assessee is allowed

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

282 (a) of the Act of 1961, which provides that notice or other documents to be issued for the purpose of the Act of 1961 by any income-tax authority shall be deemed to be authenticated if name and designation is provided. In approval under Section 151 of the Act of 1961, name, designation and office is printed. Hence, submission

INCOME TAX OFFICER,WARD-1,AHMEDNAGAR, AHMEDNAGAR vs. NARENDRA SAMPATLAL BAFNA, AHMEDNAGAR

In the result, the appeal filed by the Revenue and the CO filed by the assessee are dismissed

Bench: Shri R. K. Panda & Shri Vinay Bhamoreassessment Year : 2017-18

282 ITR 0259: (2006) 155 Taxman 0454 (Madras High Court) The assessee also relied on the guidelines issued by Hon'ble Bombay High Court in the case of Tata Financial services Ltd- vs- ACOIT- which inter alia, directed the revenue to adhere to certain guidelines to be followed for reassessment proceedings, (a) While communicating the reasons for re-opening

GOPAL EXTRUSIONS PVT LTD,,JALGAON vs. INCOME-TAX OFFICER, WARD - 1(2),, JALGAON

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita. No.1633/Pun/2017 Assessment Year : 2008-09

REASSESSMENT: a. No reasons are recorded The proposal for reopening as part of the Approval has been placed on record. The said document states that it is a proposal for recording reasons for initiating action u/s 147 and not the reasons recorded by AO. In the said document, there is no whisper about reason to believe

R B DIAMOND HOUSE,JALGAON vs. PNE-C-1, RANGE -25, CIRCLE -1, OFFICE OF THE COMMISSIONER OF INCOME TAX- JALGAON

In the result, the appeal of the assessee is allowed for statistical\npurposes

Section 69A.\nGround No. 6: Interest Disallowance Rs.1,54,43,569/-\n6.\nOn the facts and in the circumstances of the case and in law, the\nlearned Commissioner of Income Tax (Appeals) ought to have\nconsidered and deleted the disallowance of Rs.1,54,43,569/-\nbeing\ninterest on Cash Credit facility as the Cash Credit facility was\nproperly reflected

RAJA BASHUMIYA MANIYAR,LATUR vs. ITO, WARD-1, LATUR, LATUR

In the result, appeal of the assessee is Allowed

reassessment proceeding\ninitiated U/Sec. 147 r.w.s.144 of the Act by the Ld.AO is without\njurisdiction and void ab initio as the impugned notice issued under\nsection 148 is time-barred as per the proviso to section 147 of the Act.\n2 The Ld. CIT(A) has erred in confirming that the assessment order\npassed by the Ld.AO U/Sec 147 rw.s.144

ASSISTANT COMMISSIONER OF INCOME TAX,, PUNE vs. M/S. POONA CLUB LTD.,, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

reassessment proceedings. Hence, the cross appeals filed by the Revenue do not survive. 16. In the result, the cross appeals of the Revenue in ITA Nos.1235 & 1236/PUN/2017, A.Y. 2008-09 & 2009-10 stand dismissed. ITA No.894/PUN/2017, A.Y. 2011-12 – By Assessee : ITA No.1237/PUN/2017, A.Y. 2011-12 – By Revenue : 17. Briefly, the facts of the case are that the assessee

ASSISTANT COMMISSIONER OF INCOME TAX,, PUNE vs. M/S. POONA CLUB LTD.,, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

reassessment proceedings. Hence, the cross appeals filed by the Revenue do not survive. 16. In the result, the cross appeals of the Revenue in ITA Nos.1235 & 1236/PUN/2017, A.Y. 2008-09 & 2009-10 stand dismissed. ITA No.894/PUN/2017, A.Y. 2011-12 – By Assessee : ITA No.1237/PUN/2017, A.Y. 2011-12 – By Revenue : 17. Briefly, the facts of the case are that the assessee

POONA CLUB LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 4, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

reassessment proceedings. Hence, the cross appeals filed by the Revenue do not survive. 16. In the result, the cross appeals of the Revenue in ITA Nos.1235 & 1236/PUN/2017, A.Y. 2008-09 & 2009-10 stand dismissed. ITA No.894/PUN/2017, A.Y. 2011-12 – By Assessee : ITA No.1237/PUN/2017, A.Y. 2011-12 – By Revenue : 17. Briefly, the facts of the case are that the assessee

POONA CLUB LTD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 4,, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

reassessment proceedings. Hence, the cross appeals filed by the Revenue do not survive. 16. In the result, the cross appeals of the Revenue in ITA Nos.1235 & 1236/PUN/2017, A.Y. 2008-09 & 2009-10 stand dismissed. ITA No.894/PUN/2017, A.Y. 2011-12 – By Assessee : ITA No.1237/PUN/2017, A.Y. 2011-12 – By Revenue : 17. Briefly, the facts of the case are that the assessee