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41 results for “capital gains”+ Section 133Aclear

Sorted by relevance

Mumbai430Delhi309Jaipur233Bangalore188Hyderabad127Chennai86Kolkata77Surat73Ahmedabad62Pune61Chandigarh55Visakhapatnam50Indore49Rajkot41Guwahati28Cuttack23Amritsar20Nagpur20Cochin14Lucknow12Karnataka6Patna6Raipur5Allahabad4Dehradun3Jodhpur3SC2Panaji2Ranchi2Telangana2Jabalpur1K.S. RADHAKRISHNAN A.K. SIKRI1

Key Topics

Section 14849Section 14744Section 143(3)25Addition to Income23Section 217Survey u/s 133A10Section 133A9Section 69C8Reopening of Assessment5Section 142(1)

SHRI JAYANTILAL P. SATIKUNVER,,RAJKOT-GUJARAT vs. THE COMMISSIONER OF INCOME TAX-III,, RAJKOT-GUJARAT

In the result, the appeal filed by the assessee is partly allowed for statistical purposes

ITA 469/RJT/2014[2010-11]Status: DisposedITAT Rajkot08 Jul 2022AY 2010-11

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyalआयकर अपील सं./I.T.A. No.469/Rjt/2014 ("नधा"रण वष" / Assessment Year 2010-11)

For Respondent: Shri Sanjeev Jain, CIT. D.R
Section 143(3)

gain computed by the learned CIT in the proceedings under section 263 of the Act was subject to tax year in which such converted stock in trade is sold. It was submitted by the learned AR that the provisions of section 45(2) requires to tax the income arising on the conversion of capital asset as stock in trade

THE INCOME TAX OFFICER-WARD-2, , GANDHIDHAM - KUTCH vs. M/S. RIDDHI SIDDHI JEWELLERS, GANDHIDHAM - KUTCH

In the result, appeal of the Revenue isdismissed

Showing 1–20 of 41 · Page 1 of 3

4
Section 69A4
Deduction4
ITA 239/RJT/2018[2014-15]Status: Heard
ITAT Rajkot
05 Jul 2023
AY 2014-15

Bench: Smt.Annapurna Gupta & Smt. Madhumita Royassessment Year :2014-15 Ito, Ward-2 Vs. M/S.Riddhi Siddhi Jewellers Gandhidham. Shop No.1, Plot No.68 Bba (Sough) Gandhidham-Kutch. 0 अपीलाथ"/ (Appellant) "" यथ"/(Respondent) Assessee By : Shri D.M. Rindani, Ar Revenue By : Shri B.D. Gupta, Sr.Dr सुनवाई क" तार"ख/Date Of Hearing : 11/04/2023 घोषणा क" तार"ख /Date Of Pronouncement: 05/07/2023

For Appellant: Shri D.M. Rindani, ARFor Respondent: Shri B.D. Gupta, Sr.DR
Section 133ASection 250(6)Section 40Section 69ASection 69C

133A of the Act was carried out on 20.11.2013 at the business premises of the assessee and during the courseof survey, unexplained bullion, gold ornaments, cash and unaccounted expenditure to the tune of Rs.2,00,90,073/- was found in the following manner: 1. Value of unexplained bullion Rs.1,22,00,530/- found 3923 grams @ 3110 per gram 2. Value

MANISH GYANCHAND JAIN,GANDHIDHAM vs. ASSTT. COMMR. OF INCOME TAX, GANDHIDHAM CIRCLE, , GANDHIDHAM

In the result the appeal of the assessee is allowed

ITA 95/RJT/2018[2009-10]Status: HeardITAT Rajkot08 Jul 2022AY 2009-10

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

For Appellant: Shri Kalpesh Doshi , A.RFor Respondent: Shri B.D. Gupta, Sr. D.R
Section 131Section 133ASection 143(3)Section 147Section 148Section 23A

133A of the Act. As a result of survey, the statement of the assessee under section 131(1A) was recorded wherein the assessee has claimed to have earned income from the business of shipping agency which was not disclosed in the income tax return. The assessee simultaneously during the survey proceedings agreed to disclose an income

MANISH GYANCHAND JAIN,GANDHIDHAM vs. ASSTT. COMMR. OF INCOME TAX, GANDHIDHAM CIRCLE, , GANDHIDHAM

In the result the appeal of the assessee is allowed

ITA 96/RJT/2018[2010-11]Status: HeardITAT Rajkot08 Jul 2022AY 2010-11

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

For Appellant: Shri Kalpesh Doshi , A.RFor Respondent: Shri B.D. Gupta, Sr. D.R
Section 131Section 133ASection 143(3)Section 147Section 148Section 23A

133A of the Act. As a result of survey, the statement of the assessee under section 131(1A) was recorded wherein the assessee has claimed to have earned income from the business of shipping agency which was not disclosed in the income tax return. The assessee simultaneously during the survey proceedings agreed to disclose an income

MANISH GYANCHAND JAIN,GANDHIDHAM vs. ASSTT. COMMR. OF INCOME TAX, GANDHIDHAM CIRCLE, , GANDHIDHAM

In the result the appeal of the assessee is allowed

ITA 97/RJT/2018[2011-12]Status: HeardITAT Rajkot08 Jul 2022AY 2011-12

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

For Appellant: Shri Kalpesh Doshi , A.RFor Respondent: Shri B.D. Gupta, Sr. D.R
Section 131Section 133ASection 143(3)Section 147Section 148Section 23A

133A of the Act. As a result of survey, the statement of the assessee under section 131(1A) was recorded wherein the assessee has claimed to have earned income from the business of shipping agency which was not disclosed in the income tax return. The assessee simultaneously during the survey proceedings agreed to disclose an income

SHRI MANISH GYANCHAND JAIN ,GANDHIDHAM vs. THEACIT, GANDHIDHAM CIRCLE, GANDHIDHAM

In the result the appeal of the assessee is allowed

ITA 93/RJT/2020[2016-17]Status: HeardITAT Rajkot08 Jul 2022AY 2016-17

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

For Appellant: Shri Kalpesh Doshi , A.RFor Respondent: Shri B.D. Gupta, Sr. D.R
Section 131Section 133ASection 143(3)Section 147Section 148Section 23A

133A of the Act. As a result of survey, the statement of the assessee under section 131(1A) was recorded wherein the assessee has claimed to have earned income from the business of shipping agency which was not disclosed in the income tax return. The assessee simultaneously during the survey proceedings agreed to disclose an income

SHRI BHARATKUMAR IASHWARBHAI BHATIYA,RAJKOT vs. THE ACIT, CENTRAL CIRL-1,, RAJKOT

In the result, appeals filed by the Revenue, in ITA No

ITA 44/RJT/2023[2006-07]Status: DisposedITAT Rajkot19 Jun 2025AY 2006-07

Bench: Dr. Arjun Lal Saini & Dinesh Mohan Sinhaआयकर अपील सं./Ita No. 134 & 135/Rjt/2023 (िनधा"रणवष" / Assessment Years: (2007-08 & 2008-09) Income Tax Officer, Ward- Shri Kherajmal Lekhrajbjai 5Th 1(2)(1), Aaykar Bhavan, Thavrani, 4- Parsana Nagar, Shri Vs. Floor, Room No. 517, Race Vaheguru Grupa, Near Refugee Course Ring Road, Rajkot-360 Colony, Rajkot-360 001 001 "थायी लेखा सं./जी आइ आर सं./Pan/Gir No.: Adrpt 5807 E (Appellant) (Respondent)

133A], it may, in any proceeding under this Act, be presumed (i) that such books of account, other documents, money, bullion, jewellery or other valuable article or thing belong or belongs to such person (ii) that the contents of such books of account and other documents are true; and (iii) that the signature and every other part of such books

THE ITO, WARD-5,, MUNDRA (KUTCH) vs. SHRI KOTAK MAYUR ARVINDBHAI, MUNDRA (KUTCH)

In the result, appeal filed by the Revenue is dismissed

ITA 156/RJT/2016[2007-08]Status: DisposedITAT Rajkot10 Apr 2019AY 2007-08

Bench: Shri Mahavir Prasad & Shri Waseem Ahmed)

For Appellant: Shri Praveen Verma, Sr. D.RFor Respondent: Shri Mehul J. Ranpura
Section 133ASection 143(3)Section 148

capital gain and small income from interest. Return of income for the year under appeal was filed on 31.03.2008 declaring total income at Rs. 1,04,780/-. 3. On 29-10-2010 survey under section 133A

INTERMARK SHIPPING AGENCIES P. LTD.,,GANDHIDHAM vs. THE INCOME TAX OFFICER, TDS-4,, GANDHIDHAM

In the result, appeal filed by the assessee is allowed

ITA 640/RJT/2012[2010-11]Status: DisposedITAT Rajkot28 Feb 2020AY 2010-11

Bench: Shri Waseem Ahmed & Ms. Madhumita Royआयकर अपील सं./ Ita No. 640/Rjt/2012 "नधा"रण वष"/Assessment Year: 2010-11 Intermark Shipping Ito Agencies Pvt. Ltd. Vs Tds-4, Gandhidham, Ii Floor, Ajanta Comm. Plot No. 32, Sector-3, Center No. 1, Plot No. Gandhidham, Kachchh 277/278, Ward 12-B Gandhidham (Kutch) Pan No. Aaa Ci5 689 L अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Revenue By : Shri Arvind Sontakka, Dr Assessee By : Shri M. J. Ranpura, Ar सुनवाई क" तार"ख/Date Of Hearing : 24/02/2020 घोषणा क" तार"ख /Date Of Pronouncement : 28/02/2020

For Appellant: Shri M. J. Ranpura, ARFor Respondent: Shri Arvind Sontakka, DR
Section 1Section 133ASection 194CSection 194JSection 201Section 201(1)Section 210(1)Section 9

133A was carried out at the business premises of the appellant company when it was found that the assessee had deducted tax at source on payment made on account of water front royalty charges under section 194C instead of under section 194J of the Income Tax Act. Thereafter, in response to the show-cause dated 12.12.2011 in order to explain

SARVANAND SADHURAM SONWANI,RAJKOT vs. DCIT, CC-1, RAJKOT, RAJKOT

ITA 813/RJT/2024[2016-17]Status: DisposedITAT Rajkot23 Feb 2026AY 2016-17

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.809 To 819/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2022-23) Sarvanand Sadhuram Sonwani, बनाम The Deputy Commissioner Of Income Tax,Central Circle-1, Vs. C/O. Jagdish Trading Co. Danapith, “Amruta Estate,” 2Nd Floor, Mg Rajkot-360001( Gujarat) Road,Rajkot 360001 "ायीलेखासं जीआइ आरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita (Ss) No.23&24/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2021-22 & 2022-23) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001(Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita No.791 To 796/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2013-14 & 2017-18 To 2020-21) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani, Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001( Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent)

For Appellant: Shri Mehul Ranapura, Ld. ARFor Respondent: Shri Sanjay Pungulia, Ld. CIT (DR)
Section 143(3)Section 147Section 148Section 2

Capital Gains of Rs.5,82,794/-, and other incomes of Rs. 7,968/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit-1, Rajkot in the case of leading real estate builders of Rajkot and their key associates on 24.08.2021. Four different groups were covered in the operation including the RK Group

SARVANAND SADHURAM SONWANI ,RAJKOT vs. DCIT, CC-1, RAJKOT, RAJKOT

ITA 811/RJT/2024[2014-15]Status: DisposedITAT Rajkot23 Feb 2026AY 2014-15

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.809 To 819/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2022-23) Sarvanand Sadhuram Sonwani, बनाम The Deputy Commissioner Of Income Tax,Central Circle-1, Vs. C/O. Jagdish Trading Co. Danapith, “Amruta Estate,” 2Nd Floor, Mg Rajkot-360001( Gujarat) Road,Rajkot 360001 "ायीलेखासं जीआइ आरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita (Ss) No.23&24/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2021-22 & 2022-23) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001(Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita No.791 To 796/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2013-14 & 2017-18 To 2020-21) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani, Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001( Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent)

For Appellant: Shri Mehul Ranapura, Ld. ARFor Respondent: Shri Sanjay Pungulia, Ld. CIT (DR)
Section 143(3)Section 147Section 148Section 2

Capital Gains of Rs.5,82,794/-, and other incomes of Rs. 7,968/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit-1, Rajkot in the case of leading real estate builders of Rajkot and their key associates on 24.08.2021. Four different groups were covered in the operation including the RK Group

SARVANAND SADHURAM SONWANI,RAJKOT vs. DCIT, CC-1, RAJKOT , RAJKOT

ITA 810/RJT/2024[2013-14]Status: DisposedITAT Rajkot23 Feb 2026AY 2013-14

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.809 To 819/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2022-23) Sarvanand Sadhuram Sonwani, बनाम The Deputy Commissioner Of Income Tax,Central Circle-1, Vs. C/O. Jagdish Trading Co. Danapith, “Amruta Estate,” 2Nd Floor, Mg Rajkot-360001( Gujarat) Road,Rajkot 360001 "ायीलेखासं जीआइ आरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita (Ss) No.23&24/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2021-22 & 2022-23) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001(Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita No.791 To 796/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2013-14 & 2017-18 To 2020-21) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani, Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001( Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent)

For Appellant: Shri Mehul Ranapura, Ld. ARFor Respondent: Shri Sanjay Pungulia, Ld. CIT (DR)
Section 143(3)Section 147Section 148Section 2

Capital Gains of Rs.5,82,794/-, and other incomes of Rs. 7,968/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit-1, Rajkot in the case of leading real estate builders of Rajkot and their key associates on 24.08.2021. Four different groups were covered in the operation including the RK Group

SARVANAND SADHURAM SONWANI,RAJKOT vs. DCIT,CC-1, RAJKOT, RAJKOT

ITA 814/RJT/2024[2017-18]Status: DisposedITAT Rajkot23 Feb 2026AY 2017-18

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.809 To 819/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2022-23) Sarvanand Sadhuram Sonwani, बनाम The Deputy Commissioner Of Income Tax,Central Circle-1, Vs. C/O. Jagdish Trading Co. Danapith, “Amruta Estate,” 2Nd Floor, Mg Rajkot-360001( Gujarat) Road,Rajkot 360001 "ायीलेखासं जीआइ आरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita (Ss) No.23&24/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2021-22 & 2022-23) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001(Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita No.791 To 796/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2013-14 & 2017-18 To 2020-21) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani, Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001( Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent)

For Appellant: Shri Mehul Ranapura, Ld. ARFor Respondent: Shri Sanjay Pungulia, Ld. CIT (DR)
Section 143(3)Section 147Section 148Section 2

Capital Gains of Rs.5,82,794/-, and other incomes of Rs. 7,968/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit-1, Rajkot in the case of leading real estate builders of Rajkot and their key associates on 24.08.2021. Four different groups were covered in the operation including the RK Group

DEPUTY COMMISSIONER OF INCOME-TAX CENTRAL CIRCLE 1, RAJKOT, RAJKOT vs. SARVANAND SADHURAM SONVANI, RAJKOT

ITA 796/RJT/2024[2020-21]Status: DisposedITAT Rajkot23 Feb 2026AY 2020-21

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.809 To 819/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2022-23) Sarvanand Sadhuram Sonwani, बनाम The Deputy Commissioner Of Income Tax,Central Circle-1, Vs. C/O. Jagdish Trading Co. Danapith, “Amruta Estate,” 2Nd Floor, Mg Rajkot-360001( Gujarat) Road,Rajkot 360001 "ायीलेखासं जीआइ आरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita (Ss) No.23&24/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2021-22 & 2022-23) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001(Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita No.791 To 796/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2013-14 & 2017-18 To 2020-21) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani, Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001( Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent)

For Appellant: Shri Mehul Ranapura, Ld. ARFor Respondent: Shri Sanjay Pungulia, Ld. CIT (DR)
Section 143(3)Section 147Section 148Section 2

Capital Gains of Rs.5,82,794/-, and other incomes of Rs. 7,968/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit-1, Rajkot in the case of leading real estate builders of Rajkot and their key associates on 24.08.2021. Four different groups were covered in the operation including the RK Group

SARVANAND SADHURAM SONWANI ,RAJKOT vs. DCIT, CC-1, RAJKOT, RAJKOT

ITA 816/RJT/2024[2019-20]Status: DisposedITAT Rajkot23 Feb 2026AY 2019-20

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.809 To 819/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2022-23) Sarvanand Sadhuram Sonwani, बनाम The Deputy Commissioner Of Income Tax,Central Circle-1, Vs. C/O. Jagdish Trading Co. Danapith, “Amruta Estate,” 2Nd Floor, Mg Rajkot-360001( Gujarat) Road,Rajkot 360001 "ायीलेखासं जीआइ आरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita (Ss) No.23&24/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2021-22 & 2022-23) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001(Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita No.791 To 796/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2013-14 & 2017-18 To 2020-21) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani, Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001( Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent)

For Appellant: Shri Mehul Ranapura, Ld. ARFor Respondent: Shri Sanjay Pungulia, Ld. CIT (DR)
Section 143(3)Section 147Section 148Section 2

Capital Gains of Rs.5,82,794/-, and other incomes of Rs. 7,968/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit-1, Rajkot in the case of leading real estate builders of Rajkot and their key associates on 24.08.2021. Four different groups were covered in the operation including the RK Group

DEPUTY COMMISSIONER OF INCOME-TAX CENTRAL CIRCLE 1, RAJKOT, RAJKOT vs. SARVANAND SADHURAM SONVANI, RAJKOT

ITA 795/RJT/2024[2019-20]Status: DisposedITAT Rajkot23 Feb 2026AY 2019-20

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.809 To 819/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2022-23) Sarvanand Sadhuram Sonwani, बनाम The Deputy Commissioner Of Income Tax,Central Circle-1, Vs. C/O. Jagdish Trading Co. Danapith, “Amruta Estate,” 2Nd Floor, Mg Rajkot-360001( Gujarat) Road,Rajkot 360001 "ायीलेखासं जीआइ आरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita (Ss) No.23&24/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2021-22 & 2022-23) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001(Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita No.791 To 796/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2013-14 & 2017-18 To 2020-21) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani, Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001( Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent)

For Appellant: Shri Mehul Ranapura, Ld. ARFor Respondent: Shri Sanjay Pungulia, Ld. CIT (DR)
Section 143(3)Section 147Section 148Section 2

Capital Gains of Rs.5,82,794/-, and other incomes of Rs. 7,968/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit-1, Rajkot in the case of leading real estate builders of Rajkot and their key associates on 24.08.2021. Four different groups were covered in the operation including the RK Group

DEPUTY COMMISSIONER OF INCOME-TAX CENTRAL CIRCLE 1, RAJKOT, RAJKOT vs. SARVANAND SADHURAM SONVANI, RAJKOT

ITA 794/RJT/2024[2018-19]Status: DisposedITAT Rajkot23 Feb 2026AY 2018-19

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.809 To 819/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2022-23) Sarvanand Sadhuram Sonwani, बनाम The Deputy Commissioner Of Income Tax,Central Circle-1, Vs. C/O. Jagdish Trading Co. Danapith, “Amruta Estate,” 2Nd Floor, Mg Rajkot-360001( Gujarat) Road,Rajkot 360001 "ायीलेखासं जीआइ आरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita (Ss) No.23&24/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2021-22 & 2022-23) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001(Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita No.791 To 796/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2013-14 & 2017-18 To 2020-21) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani, Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001( Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent)

For Appellant: Shri Mehul Ranapura, Ld. ARFor Respondent: Shri Sanjay Pungulia, Ld. CIT (DR)
Section 143(3)Section 147Section 148Section 2

Capital Gains of Rs.5,82,794/-, and other incomes of Rs. 7,968/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit-1, Rajkot in the case of leading real estate builders of Rajkot and their key associates on 24.08.2021. Four different groups were covered in the operation including the RK Group

SARVANAND SADHURAM SONWANI,RAJKOT vs. DCIT,CC-1, RAJKOT, RAJKOT

ITA 815/RJT/2024[2018-19]Status: DisposedITAT Rajkot23 Feb 2026AY 2018-19

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.809 To 819/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2022-23) Sarvanand Sadhuram Sonwani, बनाम The Deputy Commissioner Of Income Tax,Central Circle-1, Vs. C/O. Jagdish Trading Co. Danapith, “Amruta Estate,” 2Nd Floor, Mg Rajkot-360001( Gujarat) Road,Rajkot 360001 "ायीलेखासं जीआइ आरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita (Ss) No.23&24/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2021-22 & 2022-23) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001(Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita No.791 To 796/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2013-14 & 2017-18 To 2020-21) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani, Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001( Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent)

For Appellant: Shri Mehul Ranapura, Ld. ARFor Respondent: Shri Sanjay Pungulia, Ld. CIT (DR)
Section 143(3)Section 147Section 148Section 2

Capital Gains of Rs.5,82,794/-, and other incomes of Rs. 7,968/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit-1, Rajkot in the case of leading real estate builders of Rajkot and their key associates on 24.08.2021. Four different groups were covered in the operation including the RK Group

SARVANAND SADHURAM SONWANI,RAJKOT vs. DCIT, CC-1, RAJKOT, RAJKOT

ITA 819/RJT/2024[2022-23]Status: DisposedITAT Rajkot23 Feb 2026AY 2022-23

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.809 To 819/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2022-23) Sarvanand Sadhuram Sonwani, बनाम The Deputy Commissioner Of Income Tax,Central Circle-1, Vs. C/O. Jagdish Trading Co. Danapith, “Amruta Estate,” 2Nd Floor, Mg Rajkot-360001( Gujarat) Road,Rajkot 360001 "ायीलेखासं जीआइ आरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita (Ss) No.23&24/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2021-22 & 2022-23) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001(Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita No.791 To 796/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2013-14 & 2017-18 To 2020-21) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani, Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001( Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent)

For Appellant: Shri Mehul Ranapura, Ld. ARFor Respondent: Shri Sanjay Pungulia, Ld. CIT (DR)
Section 143(3)Section 147Section 148Section 2

Capital Gains of Rs.5,82,794/-, and other incomes of Rs. 7,968/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit-1, Rajkot in the case of leading real estate builders of Rajkot and their key associates on 24.08.2021. Four different groups were covered in the operation including the RK Group

DEPUTY COMMISSIONER OF INCOME-TAX CENTRAL CIRCLE 1, RAJKOT, RAJKOT vs. SARVANAND SADHURAM SONVANI, RAJKOT

ITA 793/RJT/2024[2017-18]Status: DisposedITAT Rajkot23 Feb 2026AY 2017-18

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.809 To 819/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2022-23) Sarvanand Sadhuram Sonwani, बनाम The Deputy Commissioner Of Income Tax,Central Circle-1, Vs. C/O. Jagdish Trading Co. Danapith, “Amruta Estate,” 2Nd Floor, Mg Rajkot-360001( Gujarat) Road,Rajkot 360001 "ायीलेखासं जीआइ आरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita (Ss) No.23&24/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2021-22 & 2022-23) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001(Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent) आयकर अपील सं/.Ita No.791 To 796/Rjt/2024 िनधा"रण वष"/ Assessment Year: (2012-13 To 2013-14 & 2017-18 To 2020-21) The Deputy Commissioner Of Income बनाम Sarvanand Sadhuram Sonwani, Tax,Central Circle-1, C/O. Jagdish Trading Co. Danapith, Vs. “Amruta Estate,” 2Nd Floor, Mg Road, Rajkot-360001( Gujarat) Rajkot 360001 "ायीलेखासं जीआइआरसं /. /. Pan No.: Afbps0008N (अपीलाथ"/Assessee) .. (""थ"/Respondent)

For Appellant: Shri Mehul Ranapura, Ld. ARFor Respondent: Shri Sanjay Pungulia, Ld. CIT (DR)
Section 143(3)Section 147Section 148Section 2

Capital Gains of Rs.5,82,794/-, and other incomes of Rs. 7,968/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit-1, Rajkot in the case of leading real estate builders of Rajkot and their key associates on 24.08.2021. Four different groups were covered in the operation including the RK Group