M/S. SURENDRANAGAR DISTRICT CO-OP. MILK PRODUCERS UNION LTD. ,SURENDRANAGAR vs. THE DCIT, SURENDRANAGR CIRCLE,, SURENDRANAGAR

Appeal of the assessee is dismissed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./I.T.A. No.262-263/Rjt/2018 ("नधा"रण वष" / Assessment Years: 2012-13 & 2013-14) बनाम/ M/S.Surendranagar District D.C.I.T, Co-Op. Milk Producers Surendranagar Circle, Vs. Union Ltd. Surendranagar. Wadhwan City, Surendranagar "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaaas8375B (अपीलाथ" /Appellant) .. (""यथ" / Respondent) अपीलाथ" ओर से / Appellant By : Shri Kalpesh Doshi, A.R ""यथ" क" ओर से/Respondent By : Shri Jitender Kumar, Dr सुनवाई क" तार"ख / Date Of Hearing 17/09/2019 घोषणा क" तार"ख /Date Of Pronouncement 20/09/2019 आदेश / O R D E R Per Waseem Ahmed: The Captioned Appeals Have Been Filed At The Instance Of The Assessee Against The Separate Orders Of The Learned Commissioner Of Income Tax (Appeals)-7, Ahmedabad [Ld. Cit(A) In Short] Of Even Dated 12/01/2018, Arising In The Matter Of Assessment Order Passed Under 143(3) Of The Income Tax Act, 1961 (Hereinafter Referred To As "The Act") Dated 26/03/2015 Relevant To Assessment Years (A.Ys) 20012-13 & 2013-14. Ita Nos.262-263/Rjt/2018 A.Y.S 2012-13 To 2013-14 First, We Take Up Ita No. 262/Rjt/2018 For A.Y. 2013-14

TDS. 14. At the outset the learned AR for the assessee submitted that he has been instructed not to press the impugned issue. Therefore we dismiss the same as not pressed. The 5th issue raised by the assessee is that the learned CIT (A) erred in confirming the order of the AO by treating the profit on sale

M/S SAFARI FINE CLOTHING PVT. LTD.,,GANDHIDHAM. vs. ASSTT. COMMR. OF INCOME TAX, GANDHIDHAM CIRCLE, GANDHIDHAM., GANDHIDHAM

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedिनधा"रण िनधा"रण वष" वष" M/S. Safari Fine Clothing Pvt. Acit, Ltd., Vs. Gandhidham Circle Shed No.280/281, A Type, Gandhidham. Sector No.3, Ka Sez, Gandhinagar- Kutch वष" Ito, M/S. Safari Fine Clothing Pvt. Ward-2, Vs. Ltd., Gandhidham "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aajcs 0565 Q अपीलाथ" अपीलाथ"/ (Appellant) अपीलाथ" अपीलाथ" (""यथ" / Respondent) Assessee By : Shri Chetan L. Agarwal, Ar. Revenue By : S Shri Praveen Verma, Sr. D.R. सुनवाई क" तारीख / Date Of Hearing : 01/08/2018 घोषणा क" तारीख / Date Of Pronouncement : 03/10/2018

TDS u/s 194H of the Act and through banking channel. Therefore, the identity and genuineness of the commission expenses cannot be doubted. The non- response from the commission agent u/s 133(6) of the Act cannot be a ground for making the disallowance of the commission expenses. The assessee filed the income tax return, copies of the bills

THE ACIT, CIRCLE-1,, JAMNAGAR vs. M/S. SENOR METALS PVT. LTD., JAMNAGAR

In the results the appeal of the revenue is dismissed

Bench: Shri Waseem Ahmed & Ms Suchitra Raghunath Kambleआयकर अपील सं./Ita No. 260/Rjt/2015 िनधा"रण वष"/Asstt. Year:2011-12

section 43(5). It is immaterial whether transaction is carried out at the recognized stock exchange or not. Even the circular of CBDT cited in the assessment order states that once it is established that the assessee has entered in the transaction of the commodity that they deal the other technical details have no material impact. Hence, this reasoning

M/S. MAGNUM CERAMICS PVT. LTD. ,MORBI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, MORBI CIRCLE, MORBI

In the result, appeal of assessee is allowed

Bench: Smt.Annapurna Gupta & Shri T.R. Senthil Kumarassessment Year :2012-13 M/S.Magnum Ceramic P.Ltd. The Acit, Morbi Circle Plot No.207/24, Gidc Estate Vs Morbi. 8-A, National Highway At. Refaleshwar Morbi 362 268 Pan : Aafcm 2216 G

268 PAN : AAFCM 2216 G (Applicant) (Responent) : Shri Mehul Ranpura, ld.AR Assessee by : Shri B.D. Gupta, Sr.DR Revenue by सुनवाई क" तार"ख/Date of Hearing : 12/10/2022 घोषणा क" तार"ख /Date of Pronouncement: 28/12/2022 आदेश/O R D E R PER ANNAPURNA GUPTA, ACCOUNTANT MEMBER The present appeal has been filed by the assessee against the order passed

THE DY. COMMR. OF INCOME TAX, CIR.-1(2),, RAJKOT-GUJARAT vs. RAJKOT PEOPLES CO. OP. BANK LTD.,, RAJKOT-GUJARAT

In the result appeals of the Revenue and Cross Objections of the assessee are dismissed except CO of the assessee in the Asstt

Bench: Shri Pramod Kumar & Shri Rajpal Yadavsr.

section 72AB has been incorporated which allows brought forwarded business loss and depreciation of erstwhile cooperative bank against income of the amalgamated bank. In this way, the ld.AO has held that loss for the assessment years 2005-06 and 2006-07 totalling to Rs.40,69,123/- cannot be set off for brought forward business loss against the income