D.C.I.T. CENTRAL CRICLE,, RAIPUR vs. DEVI IRON & POWER LIMITED, RAIPUR

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita Nos. 267 & 268/Rpr/2014 Co Nos. 30 & 31/Rpr/2015 "नधा"रण वष" / Assessment Years : 2011-12 & 2012-13 The Deputy Commissioner Of Income Tax, Central Circle, Raipur (C.G.) .......अपीलाथ" / Appellant बनाम / V/S. M/S. Devi Iron & Power Pvt. Ltd. Mahamaya Tower, 3Rd & 4Th Floor, In Front Of Anupam Nagar, Near Varun Honda, G.E. Road, Raipur (C.G.) Pan : Aaeca3704G ……""यथ" / Respondent आयकर अपील सं. / Ita No.101/Rpr/2017 "नधा"रण वष" / Assessment Year : 2013-14 The Assistant Commissioner Of Income Tax (Central)-2, Raipur (C.G.) .......अपीलाथ" / Appellant बनाम / V/S. M/S. Devi Iron & Power Pvt. Ltd. B-08-09, Sector-C, Industrial Area, Urla, Sarora, Raipur (C.G.) Pan : Aabcd9753D ……""यथ" / Respondent Co Nos.30 & 31/Rpr/2015

house company, as under: A.Y. Name Amount 2011-12 Antariksh Commerce Pvt. Ltd. 32,00,000/- 2011-12 Escort Finvest Private Limited 37,50,00,000/- The A.O considering the aforesaid facts called upon the assessee to establish the identity, creditworthiness and genuineness of the transaction of receipt of share application money from the aforementioned parties. In reply, the assessee

D.C.I.T. CENTRAL CRICLE,, RAIPUR vs. DEVI IRON & POWER PVT LIMITED, RAIPUR

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita Nos. 267 & 268/Rpr/2014 Co Nos. 30 & 31/Rpr/2015 "नधा"रण वष" / Assessment Years : 2011-12 & 2012-13 The Deputy Commissioner Of Income Tax, Central Circle, Raipur (C.G.) .......अपीलाथ" / Appellant बनाम / V/S. M/S. Devi Iron & Power Pvt. Ltd. Mahamaya Tower, 3Rd & 4Th Floor, In Front Of Anupam Nagar, Near Varun Honda, G.E. Road, Raipur (C.G.) Pan : Aaeca3704G ……""यथ" / Respondent आयकर अपील सं. / Ita No.101/Rpr/2017 "नधा"रण वष" / Assessment Year : 2013-14 The Assistant Commissioner Of Income Tax (Central)-2, Raipur (C.G.) .......अपीलाथ" / Appellant बनाम / V/S. M/S. Devi Iron & Power Pvt. Ltd. B-08-09, Sector-C, Industrial Area, Urla, Sarora, Raipur (C.G.) Pan : Aabcd9753D ……""यथ" / Respondent Co Nos.30 & 31/Rpr/2015

house company, as under: A.Y. Name Amount 2011-12 Antariksh Commerce Pvt. Ltd. 32,00,000/- 2011-12 Escort Finvest Private Limited 37,50,00,000/- The A.O considering the aforesaid facts called upon the assessee to establish the identity, creditworthiness and genuineness of the transaction of receipt of share application money from the aforementioned parties. In reply, the assessee

SHRI SHRI SUSHIL KUMAR AGRAWAL, KORBA,KORBA(CG) vs. THE JOINT COMMISSIONER OF INCOME TAX,RANGE KORBA, KORBA(CG)

In the result, appeal of the assesee in ITA No

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita Nos. 93 & 94/Rpr/2017 "नधा"रण वष" / Assessment Years: 2010-11 & 2011-12 Shri Sushil Kumar Agrawal, Prop. Of M/S. Shrikishan & Co., T.P Nagar, Korba (C.G.) Pan : Acgpa4350B .......अपीलाथ"/Appellant बनाम / V/S. The Joint Commissioner Of Income Tax, Korba (C.G.) ……""यथ" / Respondent

properties determined their Annual Lettable Value (ALV), thus, upheld the addition of Rs.5 lac made by the A.O. 11. Apropos the addition of Rs.2 lac made by the A.O on account of low house hold withdrawals, it was observed by the CIT(Appeals) that as the assessee had failed to establish that withdrawals of an amount even less than Rs.1

SHRI SHRI SUSHIL KUMAR AGRAWAL, KORBA,KORBA(CG) vs. THE JOINT COMMISSIONER OF INCOME TAX,RANGE KORBA, KORBA(CG)

In the result, appeal of the assesee in ITA No

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita Nos. 93 & 94/Rpr/2017 "नधा"रण वष" / Assessment Years: 2010-11 & 2011-12 Shri Sushil Kumar Agrawal, Prop. Of M/S. Shrikishan & Co., T.P Nagar, Korba (C.G.) Pan : Acgpa4350B .......अपीलाथ"/Appellant बनाम / V/S. The Joint Commissioner Of Income Tax, Korba (C.G.) ……""यथ" / Respondent

properties determined their Annual Lettable Value (ALV), thus, upheld the addition of Rs.5 lac made by the A.O. 11. Apropos the addition of Rs.2 lac made by the A.O on account of low house hold withdrawals, it was observed by the CIT(Appeals) that as the assessee had failed to establish that withdrawals of an amount even less than Rs.1

MANISH KUMAR SINGH,AMBIKAPUR vs. INCOME TAX OFFICER, WARD-2, AMBIKAPUR

The appeal of the assessee is allowed, with no order as to cost

Bench: Shri Ravish Sood & Shri Jamlappa D. Battullआयकरअपीलसं. / Ita No. 59/Rpr/2021 िनधा"रणवष" / Assessment Year : 2015-2016

property out of the advance sale proceeds received by him against sale of other house property.The records of the assessment undoubtedly revealsthat, all the transactions and entries were inquired into from the aforementioned statements with respect to sources thereofand upon finding the discrepancies on such inquiries,same was brought to tax as unexplained cash credit

SMT SMT. PRIYA SONI,RAIPUR (CG) vs. THE INCOME TAX OFFICER, WARD-4(5), RAIPUR (CG)

In the result, the appeal of the assessee is partly allowed in terms of our aforesaid observations

Bench: Shri Ravish Sood, Jm & Shri Arun Khodpia, Am आयकर अऩीऱ सं./Ita No.32/Rpr/2017 (ननधाारण वषा / Assessment Year : 2012-2013) Smt. Priya Soni, Vs Ito, Ward-4(5), Raipur C/O-M/S Shivani Jewellers Ramnarayan Soni, Lilli Chowk, Purani Basti, Raipur Pan No. : Awips 5478 A (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

unexplained cash credit in the name of Late Smt. Shanti Soni by ignoring the facts that books of account had been rejected by the AO and such action is confirmed by him. 2 4) In the facts and circumstances of the case, Commissioner of Income-tax (Appeals) erred in setting aside addition of Rs. 75,561/- made by the Assessing

ADARSH NURSING INSTITUTE PVT LTD., RAIPUR,RAIPUR vs. ITO-4(1), RAIPUR, RAIPUR

In the result, appeal of the assessee is allowed

Bench: Shri Partha Sarathi Chaudhuryआयकर अपील सं./Ita No.534/Rpr/2025 "नधा"रण वष" /Assessment Year : 2014-15 Adarsh Nursing Institute Private Limited Behind Sejbahar, Housing Board Colony, Near Kushabhau Thakre Univeristy, Datrenga, Raipur (C.G.)-492 013 Pan: Aagca6544C

credits in the hands of the assessee. 4. The fact further reveals that the assessee as per its submission had submitted PAN, Aadhar number and address proof explaining the identity. Similarly, regarding creditworthiness, the assessee had submitted balance sheet, ITR a/w. computation details. That with regard to the genuineness, it was submitted that the payments were made by the both

SHIV SINGH, BHILAI,DURG vs. INCOME TAX OFFICER-1(2), BHILAI, DURG

In the result, the appeal of the assessee is allowed for statistical purposes in terms of the aforesaid observations

Bench: Shri Ravish Soodआयकर अपील सं. / Ita No. 259/Rpr/2023 "नधा"रण वष" / Assessment Year : 2015-16 Shiv Singh, Quarter No.4/B, Street No.12 Sector-8, Bhilai, Durg-490 009 Pan : Bdtps1578Q .......अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer-1(2), Bhilai (C.G.) ……""यथ" / Respondent

cash in hand in the fund flow statement as on 01.04.2014 amounting to Rs.14,53,494/- = (Rs.21,54,200— Rs.7,00,706) as unexplained investment for the purchase of house property and car. In para 8 of the assessment order, the AO has added gift from father of Rs.7,37,600/- and mother of Rs.7,61,700/- aggregating to Rs.14

PRAKASH KUMAR KSHATRIYA,RAJNANDGAON vs. INCOME TAX OFFICER, WARD-1, RAJNANDGAON, RAJNANDGOAN

In the result, appeal of the assessee is allowed

Bench: Shri Partha Sarathi Chaudhuryआयकर अपील सं./Ita No.436/Rpr/2025 "नधा"रण वष" /Assessment Year : 2016-17 Prakash Kumar Kshatriya House No.9, Ward No.44, Kaurin Bhata, Shiv Colony, Rajnandgaon-491 441 (C.G.) Pan: Cdhpk3190B .......अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer, Ward-1, Rajnandgaon (C.G.) ……""यथ" / Respondent

House No.9, Ward No.44, Kaurin Bhata, Shiv Colony, Rajnandgaon-491 441 (C.G.) PAN: CDHPK3190B .......अपीलाथ" / Appellant बनाम / V/s. The Income Tax Officer, Ward-1, Rajnandgaon (C.G.) ……""यथ" / Respondent Assessee by : None (Adjournment Application) Revenue by : Dr. Priyanka Patel, Sr. DR सुनवाई क" तार"ख / Date of Hearing : 05.08.2025 घोषणा क" तार"ख / Date of Pronouncement : 05.08.2025 2 Prakash Kumar Kshatriya

RAGHVENDRA SINGH THAKUR, RAIPUR,RAIPUR vs. INCOME TAX OFFICER-4(1), RAIPUR, RAIPUR

The appeal is allowed

Bench: Shri Partha Sarathi Chaudhuryआयकर अपील सं./Ita No.242/Rpr/2025 "नधा"रण वष" /Assessment Year: 2013-14 Raghvendra Singh Thakur, H.No.238, Sarona, Tatibandh, Raipur, 492001, Chhattisgarh Pan: Akbpt7616E .......अपीलाथ" / Appellant बनाम / V/S.

House Rent allowance as exemption. But no evidence for this claim was filed. Therefore Income under the head Salary is assessed at Rs. 3,21,750/- (Add: Rs. 321750/-) II) As per computation of Income assessee has claimed Remuneration & interest Rs. 3,34,038/- against which assessee has further claimed loss of Rs. 277735/- on account of Profit & Loss from

SUNITA JAIN, MAHASAMUND,MAHASAMUND vs. INCOME TAX OFFICER, MAHASAMUND, MAHASAMUND

In the result, the appeal of the assessee is allowed for statistical purposes in terms of the aforesaid observations

Bench: Shri Ravish Soodआयकर अपील सं. / Ita No.464/Rpr/2024 "नधा"रण वष" / Assessment Year : 2011-12 Sunita Jain 199, Ravi Shankar Shukla College Road, Mahasamund-413 445 (C.G.) Pan: Ahrpj8254B .......अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer, Mahasamund (C.G.) ……""यथ" / Respondent

house property income has been shown as nil. No business income purportedly from cooking and art classes has been returned. The substantial cash deposits and credits in the bank accounts of the appellant cannot therefore, be explained out of the income from other sources returned. In view of the above discussions, I am of the considered view that the expenditure

DY. COMMISSIONER OF INCOME TAX-1(1), BHILAI vs. RASHMI LAKHOTIA, DURG

Appeal of the assessee is allowed for statistical purposes, in terms of over aforesaid observations

Bench: Shri Partha Sarathi Chaudhury, Jm & Shri Arun Khodpia, Am आयकर अपील सं. / Ita No: 244/Rpr/2025 (िनधा"रण वष" Assessment Year: 2020-21)

house property, business, capital gains and other sources. The assessee filed her ITR on 14.01.2021, declaring total income of Rs.35,44,15,730/-. The case of assessee was selected for complete scrutiny through ‘CASS’ on the following reasons: (i) Expenditure of personal nature, (ii) High creditors / Liabilities, (iii) Unsecured loans. During the assessment proceedings, deliberating on the aforesaid issues

SMT. SEEMA AGRAWAL,RAIGARH vs. INCOME TAX OFFICER , WARD -I, RAIGARH

In the result, the appeal of assessee is dismissed

Bench: Shri Ravish Sood, Jm & Shri Arun Khodpia, Am आयकर अपील सं./Ita No.179/Rpr/2017 (नििाारण वर्ा / Assessment Year :2011-2012) Seema Agrawal, Vs Ito, Ward-1, Raigarh Sewa Kunj Road, Near Girls College, Raigarh (C.G.) Pan No. : Affpa 4990 K (अपीलार्थी /Appellant) (प्रत्यर्थी / Respondent) ..

house property and interest income. She filed her return of income electronically on 08.08.2012 declaring total income at Rs. 4,50,110/-. The case of the assessee was selected for scrutiny through CASS and on issuance of statutory notices by the AO, the representative of the 2 assessee appeared and filed copy of computation of income, capital account, balance sheet

VATSAL TRADECOM PVT. LTD., RAIPUR,RAIPUR vs. INCOME TAX OFFICER-1(2), RAIPUR, RAIPUR

In the result, the assessee's appeal is allowed for statistical purposes in terms of our observations above

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita No. 139/Rpr/2023 "नधा"रण वष" / Assessment Year : 2014-15 M/S. Vatsal Tradecom Private Limited Plot No.259, Near Mittal House, Samta Colony, Raipur (C.G.) Pan : Aaecv3688G .......अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer-1(2), Raipur (C.G.) ……""यथ" / Respondent

House, Samta Colony, Raipur (C.G.) PAN : AAECV3688G .......अपीलाथ" / Appellant बनाम / V/s. The Income Tax Officer-1(2), Raipur (C.G.) ……""यथ" / Respondent Assessee by : Shri R.B Doshi, CA Revenue by : Shri Satya Prakash Sharma, Sr. DR सुनवाई क" तार"ख / Date of Hearing : 20.11.2023 घोषणा क" तार"ख / Date of Pronouncement : 24.11.2023 2 M/s.Vatsal Tradecom Private Limited

SHRI SHRI PRAVIN SINGH S/O RAM BHAROSE SINGH, BHILAI,BHILAI(CG) vs. THE DY. COMMISSIONER OF INCOME TAX 1(1), BHILAI(CG)

In the result, appeal of the Assessee is Partly Allowed

Bench: Shri Ravish Sood & Dr. Dipak P. Ripoteआयकर अपीलसं. / Ita No.04/Rpr/2017 िनधा"रण वष" / Assessment Year : 2010-11 Shri Pravin Singh, The Deputy S/O.Ram Bharose Singh, Vs Commissioner Of Income Hotel Madhuram Matri Nagar, Tax Bhilai-1(1), Risali Bhilai (C.G.) Bhilai(C.G.) Pan: Ajbps 7385 N Appellant/ Assessee Respondent /Revenue Assessee By Shri R.B.Doshi – Ar Revenue By Shri Piyush Tripathi – Dr Date Of Hearing 20/03/2023 Date Of Pronouncement 20/04/2023 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)-Ii, Raipur, Dated 07.10.2016 Emanating From Assessment Order Dated 23.03.2015Under Section 143(3) R.W.S 147 Of The I.T.Act, 1961 For The A.Y.2010-11. The Assessee Has Raised The Following Grounds Of Appeal: “1. The Ld. Commissioner Of Income-Tax (Appeals) Is Not Justified In Partially Allowing The Appeal By Partially Considering The Facts Of The Case. Shri Pravin Singh [A]

unexplained cash credits without considering the facts of the case in their eternity.” Brief facts : 2. The assessee filed Return of Income on 15.10.2010 declaring total income of Rs.26,02,470/- for A.Y. 2010-11. The Assessing Officer(AO), Deputy Commissioner of Income Tax-Bhilai passed an assessment order under section 143(3) assessing the total income at Rs.37

ABHINAV CHAWLA,BHILAI vs. INCOME TAX OFFICER, WARD-1(4), BHILAI

In the result, appeal of the assessee is partly allowed in terms of my aforesaid observations

Bench: Shri Ravish Soodआयकर अपील सं./Ita No.86/Rpr/2020 "नधा"रण वष" / Assessment Year : 2013-14 Abhinav Chawla C/O. Kusum Pande, Hig-I/2204, M.P Housing Board, Industrial Estate, Bhilai (C.G.) Pan : Aiqpc6950M .......अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer-1(4) Bhilai (C.G.). ……""यथ" / Respondent

house: Rs.42.67 lacs; (ii) stamp duty : Rs.2,13,400/- and (iii) other miscellaneous expenses : Rs.32,460/-. On a perusal of the source of the aforementioned investment, it was observed by the CIT(Appeals) that the same was made both by the assessee and his wife Smt. Kritika Chawla, as under: Sl. Particular Amount No. 1. Out of loan raised

PRIYESH SINGHANIA, RAIPUR,RAIPUR vs. DCIT, CIRCLE-1(1), RAIPUR, RAIPUR

In the result, appeal of the assessee is allowed

Bench: Shri Partha Sarathi Chaudhury & Shri G. D. Padmahshaliआयकर अपील सं. / Ita No.462/Rpr/2025 "नधा"रण वष" / Assessment Year : 2017-18 Priyesh Singhania 730/1, Radha Kunj, Opposite Vip Guest House, Pahuna, Shankar Nagar Main Road, Raipur (C.G.)-492 001 Pan: Aoups7838A ........अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer, Circle-1(1), Raipur (C.G.) ……""यथ" / Respondent

House, Pahuna, Shankar Nagar Main Road, Raipur (C.G.)-492 001 PAN: AOUPS7838A ........अपीलाथ" / Appellant बनाम / V/s. The Income Tax Officer, Circle-1(1), Raipur (C.G.) ……""यथ" / Respondent Assessee by : Shri Mahendra Kumar Agrawal, CA Revenue by : Dr. Priyanka Patel, Sr. DR सुनवाई क" तार"ख / Date of Hearing : 17.09.2025 घोषणा क" तार"ख / Date of Pronouncement : 18.09.2025 2 Priyesh Singhania

SUNIL BARDIA,RAJNANDGAON vs. INCOME TAX OFFICER, WARD-1, RAJNANDGAON, RAJNANDGAON

In the result, appeal of the assessee is allowed in terms of our aforesaid observations

Bench: Shri Ravish Sood, Jm & Shri Arun Khodpia, Am आयकर अपील सं./Ita No. 254/Rpr/2022 "नधा"रण वष" /Assessment Year: 2017-18 Sunil Bardia Vs Income Tax Officer C/O. Bardia Niwas, Sadar Bazar, Ward-1, Rajnandgaon Rajnandgaon (C.G.)-491 441 Pan: Adfpb7851A (अपीलाथ" /Appellant) .. (""यथ" / Respondent) "नधा"रती क" ओर से /Assessee By : Shri R.B Doshi, Ca राज"व क" ओर से /Revenue By : Shri Satya Prakash Sharma, Sr. Dr सुनवाई क" तार"ख / Date Of Hearing : 26/09/2023 घोषणा क" तार"ख/Date Of Pronouncement : 10 /10/2023 आदेश / O R D E R Per Arun Khodpia, Am :

house property and profit and gains of business income from other sources, had filed return of income for A.Y.2017-18 on 30.03.2018 declaring total income at Rs.4,78,990/-. Subsequently the case of the assessee was selected for scrutiny assessment through CASS to examine the issue “large deduction claimed u/s.57”. Proceedings were initiated after issuing statutory notices and calling for details

OM PRAKASH VERMA,BHOPAL vs. INCOME TAX OFFICER, JAGDALPUR, JAGDALPUR

Bench: Shri Ravish Soodआयकर अपील सं./ Ita No. 87/Rpr/2022 "नधा"रण वष" / Assessment Year : 2010-11 Om Prakash Verma H. No.53, Star Homes Campus, Bawadiya Kalan, Bhopal (M.P)-462 039 Pan : Aaipv9836F .......अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer, Jagdalpur (C.G.). ……""यथ" / Respondent

unexplained money of the assessee and made an addition of the same to his returned income. Accordingly, the A.O vide his order passed u/s.143(3) dated 14.03.2013 determined the income of the assessee at Rs.20,57,955/-. 4. Aggrieved the assessee carried the matter in appeal before the CIT(Appeals). It was the claim of the assessee that