MAHENDRAKUMAR BHANJIBHAI CHHANIYARA,RAJKOT vs. THE ITO WARD 1 (2) (1) RAJKOT, RAJKOT

capital gain of Rs 66,78,350/- is against\nthe documents available on records and therefore the heavy addition made of\nRs 66,78,350/-requires to be deleted.\n08. That the appellant has not furnished any inaccurate particulars of Income\nas well as not concealed and Income and therefore the penalty proceedings\nInitiated

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

In the result the appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

234C and 234D of the I. T. Act,1961. 7. That, the findings of the learned ,AO and CIT (A) are not justified and are bad-in-law. The appellant craves to add, alter, amend or delete any of the above grounds of appeal. 21. At the outset, we note that the learned AR at the time of hearing

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

In the result the appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

234C and 234D of the I. T. Act,1961. 7. That, the findings of the learned ,AO and CIT (A) are not justified and are bad-in-law. The appellant craves to add, alter, amend or delete any of the above grounds of appeal. 21. At the outset, we note that the learned AR at the time of hearing

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

In the result the appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

234C and 234D of the I. T. Act,1961. 7. That, the findings of the learned ,AO and CIT (A) are not justified and are bad-in-law. The appellant craves to add, alter, amend or delete any of the above grounds of appeal. 21. At the outset, we note that the learned AR at the time of hearing

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

In the result the appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

234C and 234D of the I. T. Act,1961. 7. That, the findings of the learned ,AO and CIT (A) are not justified and are bad-in-law. The appellant craves to add, alter, amend or delete any of the above grounds of appeal. 21. At the outset, we note that the learned AR at the time of hearing

SHRI IKBALBHAI JUMABHAI KHIRANI,RAJKOT vs. THE ITO WARD-1 (2) (1), RAJKOT

Bench: Dr. Arjun Lal Saini

section 250 of the Income Tax Act, 1961 (hereinafter referred to as “the Act”) by National Faceless Appeal Centre (NFAC), Delhi/Commissioner of Income-tax (Appeals), dated 30.08.2024, which Shri Ikabalbhai Jumabhai Khirani vs. ITO in turn arises out of an order passed by Assessing Officer u/s. 147 r.w.s. 144B of the Act, on 14.03.2023. 2. Grounds of appeal raised

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

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

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)

section 124(3)(b) of the I.T. Act, 1961 in terms of which jurisdiction of an Assessing Officer cannot be called in question by on assessee after expiry of one month from date on which he was served with a notice for reopening assessment under section 148 of the I.T Act. 2. Thee learned CIT(A)-1 has erred

THE ITO WARD-1 (2) (1),, RAJKOT vs. SHRI KHRAJMAL LEKHRAJBHAI THAVRANI, RAJKOT

Capital gain' would be impossible for the assessee in such cases.\nA larger bench of the Tribunal in case of Hico Enterprise vs. Commissioner of\nCustoms reported in 2005 (189) ELT (Tri.LB) following the maxim Lex non Cogit Ad\nimpossibilia held that the transferee of a quantity based license issued by the\nLicensing authority under the scheme of exemption notification

SMT. INDUMATIBEN G. PARMAR,,RAJKOT vs. INCOME TAX OFFICER, WARD-1(1)(1),, RAJKOT

In the result, the appeal of the assessee is dismissed on merits

Bench: Shri Pradip Kumar Kedia & Shri Mahavir Prasadआयकर अपील सं./I.T.A. No. 39/Rjt/2018 ("नधा"रण वष" / Assessment Year: 2007-08)

234C is unwarranted, unjustified and bad in law. 8. The learned Commissioner of Income Tax (Appeals) - 1, Rajkot has erred in confirming the action of the assessing officer in respect of initiated the penalty proceedings u/s. 274 r.w.s. 271(1)(c) of the I T Act is unwarranted, unjustified and bad in law.” 3. As per Ground No.1, the assessee

DCIT, CENTRAL CIRCLE 1, RAJKOT, RAJKOT vs. SHRI JAGJIVAN RANCHHODBHAI SAKHIYA, RAJKOT

In the result, both the appeals of the revenue, are dismissed

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

Capital Gain of Rs. 34,95,274/-, Other income of Rs. 66,940/- and deduction as per Chapter VI-A of Rs. 1,91,000/-. On 27-09-2021, the income of the assessee has been assessed at Rs. 7,29,10,595/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit

DCIT, CENTRAL CIRCLE 1, RAJKOT, RAJKOT vs. JAGJIVAN RANCHHODBHAI SAKHIYA, RAJKOT

In the result, both the appeals of the revenue, are dismissed

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

Capital Gain of Rs. 34,95,274/-, Other income of Rs. 66,940/- and deduction as per Chapter VI-A of Rs. 1,91,000/-. On 27-09-2021, the income of the assessee has been assessed at Rs. 7,29,10,595/-. A Search, Seizure and Survey action was carried out by the office of DDIT (Inv.), Unit

SHRI BHARATKUMAR IASHWARBHAI BHATIYA,RAJKOT vs. THE ITO, WARD-1 (1) (2),, RAJKOT

section 124(3)(b) of the I.T. Act, 1961 in terms\nof which jurisdiction of an Assessing Officer cannot be called in question by on\nassessee after expiry of one month from date on which he was served with a notice for\nreopening assessment under section 148 of the I.T Act.\n2. Thee learned CIT(A)-1 has erred

SHRI BHARATKUMAR ISHWARBHAI BHATIYA,RAJKOT-GUJARAT vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,, RAJKOT-GUJARAT

section 124(3)(b) of the I.T. Act, 1961 in terms\nof which jurisdiction of an Assessing Officer cannot be called in question by on\nassessee after expiry of one month from date on which he was served with a notice for\nreopening assessment under section 148 of the I.T Act.\n2. Thee learned CIT(A)-1 has erred

SHRI DAMJIBHAI LEKHRAJBHAI THAVRANI,,JUNAGADH vs. THE INCOME TAX OFFICER-WARD 1(2)(4),, RAJKOT

section 124(3)(b) of the I.T. Act, 1961 in terms of which jurisdiction of an Assessing Officer cannot be called in question by on assessee after expiry of one month from date on which he was served with a notice for reopening assessment under section 148 of the I.T Act.\n2. Thee learned CIT(A)-1 has erred

SHRI BHARATKUMAR IASHWARBHAI BHATIYA,RAJKOT vs. THE ITO, WARD-1 (1) (2),, RAJKOT

section 124(3)(b) of the I.T. Act, 1961 in terms\nof which jurisdiction of an Assessing Officer cannot be called in question by on\nassessee after expiry of one month from date on which he was served with a notice for\nreopening assessment under section 148 of the I.T Act.\n2. Thee learned CIT(A)-1 has erred

THE DY. COMMR. OF INCOME TAX, CEN. CIR.-1,, RAJKOT vs. BHARATKUMAR ISHWARBHAI BHATIYA,, RAJKOT

section 143(3) r.w.s. 263 of the Act and\nAssessing Officer made following addition:\n34\nH\nBHARATKUMAR ISHWARBHAI BHATIYA\nDHAMJIBHAI & KHIRAJMAL LEKHRAJBHAI THALVANI\ni.\nAddition an account of commission income of Rs. 8,61,446/-.\nii.\nAddition of peak credit in bank account of Rs. 46,50,353/-.\nOn appeal, before Ld. CIT(A), the assessee did not press ground

THE INCOME TAX OFFICER-WARD-2,, JUNAGADH vs. SHRI DAMJIBHAI LEKHRAJBHAI THAVRANI,, JUNAGADH

section 143(3) r.w.s. 263 of the Act and\nAssessing Officer made following addition:\n34\n1. BHARATKUMAR ISHWARBHAI BHATIYA\n2. DHAMJIBHAI & KHIRAJMAL LEKHRAJBHAI THALVANI\ni.\nAddition an account of commission income of Rs. 8,61,446/-.\nii.\nAddition of peak credit in bank account of Rs. 46,50,353/-.\nOn appeal, before Ld. CIT(A), the assessee did not press

THE ITO WARD-1 (2) (1),, RAJKOT vs. SHRI KHRAJMAL LEKHRAJBHAI THAVRANI, RAJKOT

section 143(3) read with section 263 of the Act and some of the\nassessment orders were passed by the Assessing Officer under section 153A r.w.s.\n143(3) of the Income Tax Act, 1961 (in short ‘the Act').The main ground of appeal by\nthe department (Revenue) is pertaining to assailing and deletion of 70% of additions\nmade on account

BHARATKUMAR ISHWARBHAI BHATIYA,,RAJKOT vs. ASSTT. COMMR. OF INCOME TAX, CEN. CIR.-1,, RAJKOT

section 143(3) read with section 263 of the Act and some of the\nassessment orders were passed by the Assessing Officer under section 153A r.w.s.\n143(3) of the Income Tax Act, 1961 (in short ‘the Act').The main ground of appeal by\nthe department (Revenue) is pertaining to assailing and deletion of 70% of additions\nmade on account