MUKESH MANEKCHAND SHETH,RAJKOT vs. THE DCIT-ACIT, CENTRAL CIRCLE-2, RAJKOT, RAJKOT

4 in assessee's appeal in ITA No.581/Rjt/2024 A.Y 2016-17]\nGround No.4.The Ld. CIT(A) erred in rejecting assessee's ground regarding non-\nproviding of cross-examination of persons belonging to searched party.\n[This is ground No.5 in assessee's appeal in ITA No.545/Rjt/2024_A.Y.2017-18,\nGround No.5 in assessee's appeal in ITA No.546/Rjt/2024 A.Y.2018-19, Ground No.5\nin assessee

DCIT, CENTRAL CIRCLE 2, RAJKOT, RAJKOT vs. SHRI MUKESH MANEKCHAND SHETH, RAJKOT

4 in assessee's appeal in ITA No.581/Rjt/2024 A.Y 2016-17]\nGround No.4.The Ld. CIT(A) erred in rejecting assessee's ground regarding non-\nproviding of cross-examination of persons belonging to searched party.\n[This is ground No.5 in assessee's appeal in ITA No.545/Rjt/2024 A.Y.2017-18,\nGround No.5 in assessee's appeal in ITA No.546/Rjt/2024 A.Y.2018-19, Ground No.5

OM LAMCOAT PVT LTD,MORBI vs. ACIT, CENTRAL CIRCLE-1, RAJKOT, RAJKOT

In the result, both appeals filed by the assessee (in ITA Nos

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकरअपीलसं/.Ita No. 286 & 287/Rjt/2022 िनधा"रणवष" / Assessment Year: (2016-17 & 2019-20) (Hybrid Hearing) बनाम M/S. Om Lamcoat Pvt. Ltd. The Acit, 8-A, Kandla National Highway, Vs. Central Circle -1, Opp. Dadashri Nagar, At. Morbi – Aayakar Bhavan, Amruta 363642 Estate, M. G. Road, Rajkot – 360001 "थायीलेखासं/.जीआइआरसं/.Pan No. : Aabco8163G (अपीलाथ"/Assessee) .. (""यथ"/Respondent) "नधा"रती क" ओर से/Assessee By : Shri Mehul Ranpura, Ld. Ar राज"व क" ओर से/Revenue By : Shri Abhimanyu Singh Yadav, Ld. Sr. (Dr) सुनवाई क" तार"ख/Date Of Hearing : 16/06/2025 घोषणा क" तार"ख/Date Of Pronouncement : 11/09/2025

4. Since, the issues involved in all the appeals are common and identical; therefore, these appeals have been heard together and are being disposed of by this consolidated order. For the sake of convenience, the grounds as well as the facts narrated in ITA No.287/RJT/2022, for ITA No. 286 & 287/RJT/2025 M/s. Om Lamcoat Pvt. Ltd. assessment Year 2019-20, have

OM LAMCOAT PVT LTD,MORBI vs. THE ACIT, CENTRA CIRCLE-1, RAJKOT, RAJKOT

In the result, both appeals filed by the assessee (in ITA Nos

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकरअपीलसं/.Ita No. 286 & 287/Rjt/2022 िनधा"रणवष" / Assessment Year: (2016-17 & 2019-20) (Hybrid Hearing) बनाम M/S. Om Lamcoat Pvt. Ltd. The Acit, 8-A, Kandla National Highway, Vs. Central Circle -1, Opp. Dadashri Nagar, At. Morbi – Aayakar Bhavan, Amruta 363642 Estate, M. G. Road, Rajkot – 360001 "थायीलेखासं/.जीआइआरसं/.Pan No. : Aabco8163G (अपीलाथ"/Assessee) .. (""यथ"/Respondent) "नधा"रती क" ओर से/Assessee By : Shri Mehul Ranpura, Ld. Ar राज"व क" ओर से/Revenue By : Shri Abhimanyu Singh Yadav, Ld. Sr. (Dr) सुनवाई क" तार"ख/Date Of Hearing : 16/06/2025 घोषणा क" तार"ख/Date Of Pronouncement : 11/09/2025

4. Since, the issues involved in all the appeals are common and identical; therefore, these appeals have been heard together and are being disposed of by this consolidated order. For the sake of convenience, the grounds as well as the facts narrated in ITA No.287/RJT/2022, for ITA No. 286 & 287/RJT/2025 M/s. Om Lamcoat Pvt. Ltd. assessment Year 2019-20, have

MUKESH MANEKCHAND SHETH,RAJKOT vs. THE DCIT-ACIT, CENTRAL CIRCLE -2, RAJKOT., RAJKOT

4 in assessee's appeal in ITA No.581/Rjt/2024 A.Y 2016-17]\nGround No.4.The Ld. CIT(A) erred in rejecting assessee's ground regarding non-\nproviding of cross-examination of persons belonging to searched party.\n[This is ground No.5 in assessee's appeal in ITA No.545/Rjt/2024 A.Y.2017-18,\nGround No.5 in assessee's appeal in ITA No.546/Rjt/2024 A.Y.2018-19, Ground No.5

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

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

4 There was no finding about the source of investment made by the assessee in the windmill business. F.1 Based on the above, the learned CIT found clarification from the assessee. The assessee in response to such notice submitted that he is maintaining separate books of accounts with respect to its windmill business without which it was not possible

MUKESH MANEKCHAND SHETH,RAJKOT vs. THE DCIT-ACIT, CENTRAL CIRCLE -2, RAJKOT, RAJKOT

4 in assessee's appeal in ITA No.581/Rjt/2024 A.Y 2016-17]\nGround No.4.The Ld. CIT(A) erred in rejecting assessee's ground regarding non-\nproviding of cross-examination of persons belonging to searched party.\n[This is ground No.5 in assessee's appeal in ITA No.545/Rjt/2024_A.Y.2017-18,\nGround No.5 in assessee's appeal in ITA No.546/Rjt/2024 A.Y.2018-19, Ground No.5\nin assessee

MUKESH MANEKCHAND SHETH,RAJKOT vs. THE DCIT-ACIT, CENTRAL CIRCLE-2, RAJKOT, RAJKOT

4 in assessee's appeal in ITA No.581/Rjt/2024 A.Y 2016-17]\nGround No.4.The Ld. CIT(A) erred in rejecting assessee's ground regarding non-\nproviding of cross-examination of persons belonging to searched party.\n[This is ground No.5 in assessee's appeal in ITA No.545/Rjt/2024_A.Y.2017-18,\nGround No.5 in assessee's appeal in ITA No.546/Rjt/2024 A.Y.2018-19, Ground No.5\nin assessee

THE ACIT, CENTRAL CIRCLE-2,, MORBI vs. M/S. KISHAN PLUS MINARALS, RAJKOT

In the result, appeal filed by the Revenue (In ITA No

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं /.Ita No.124/Rjt/2021 With Cross Objection No.02/Rjt/2022 "नधा"रणवष"/ Assessment Year: 2019-20 Acit, Cent.Cir.2 M/S.Kishan Plus Minerals बनाम Rajkot. Jetpar Road, Nr. Pavadiyali Temple, Jasmatgadh Vs. Morbi. Pan : Aaqfk4689P (अपीलाथ"/Assessee) : (""यथ"/Respondent) "नधा"रती क" ओर से/Assessee By : Shri Mehul Ranpura, Ld. Counsel राज"व क" ओर से/Revenue By : Shri Sanjay Punglia, Ld. Cit-Dr सुनवाई क" तार"ख /Date Of Hearing : 29/01/2025 (Originally Heard Refixed On 05.06.2025 घोषणा क" तार"ख /Date Of Pronouncement : 20/06/2025 Order Per Dr. Arjun Lal Saini:

depreciation, to the extent to the profit earned in current year. The assessee has earned income from manufacturing and trading of Body Clay, which is the basic raw-material for manufacturing of vitrified tiles. A search was conducted on the group cases of “Coral Group of Morbi” which was commenced on 03.01.2019 and was finally concluded

M/S SHREE RAJMOTI INDS.,,RAJKOT-GUJARAT vs. THE A. C.I.T., CIRCLE-2(1),, RAJKOT-GUJARAT

In the result, the appeal filed by the Assessee is hereby allowed

Bench: Shri Waseem Ahmed (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

depreciation could not give rise to any question of concealment of income Whether Tribunal was right in so holding - Held, yes [Para 13] [In favour of assessee]” 8.2. The Bombay High Court in the case of PCIT Vs. Sesa Goa Ltd. reported in [2021] 132 taxmann.com 42 (Bombay) held as follows: “Section 271(1)(c) of the Income

SALIM ABDULLAH RATHOD,MUNDRA vs. DY COMMISSIONER OF INCOME TAX, GANDHIDHAM CIRCLE

In the result, the appeal of the assessee is allowed, for statistical purposes

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकरअपीलसं./Ita No. 277/Rjt/2023 ("नधा"रणवष"/Assessment Year: (2012-13) Salim Abdullah Rathod, Dy Commissioner Of Income Tax, 6316, Swami Vivekanand Nagar New Vs. Gandhidham Kutch, Gujarat Swaminarayan Temple Road Bhutda 370465 Wadi, Gujarat, 370465 "ायीलेखासं./जीआइआरसं./Pan/Gir No.: Adnpp3110E (अपीलाथ"/Appellant) (""यथ"/Respondent)

4. Disallowance of depreciation claimed @ 30%. During the course of assessment proceedings it was noticed that the assessee was wilfully and deliberately avoiding to submit the depreciation chart along-with the rate of depreciation claimed in accordance with the provisions of the IT Act. On perusal of the depreciation chart it was noticed that the assessee has claimed depreciation