PANKAJKUMAR CHIMANLAL LODHIYA,RAKJOT vs. THE ACIT, CENTRAL CIRCLE-2, RAJKOT, RAJKOT

10==\nITA No.76 to 81/RJT/2022 (AY 8-09 to 12-13 & 14-15)\nPankaj C Lodhiya\n21.\nAggrieved by the order of the assessing officer, the assessee carried the\nmatter in appeal, before the learned CIT(A), who has confirmed the penalty\nimposed by the assessing officer. The ld.CIT(A) has distinguished all the\njudgments cited by the assessee

THE DY. COMMR. OF INCOME TAX, CIR.-1(2), RAJKOT-GUJARAT vs. M/S DML EXIM PVT. LTD.,, RAJKOT-GUJARAT

Appeal is dismissed

Bench: Shri Waseem Ahmed& Ms. Madhumita Roy

23. The next ground of appeal relates to deletion of disallowance made on account of contract cancellation charges amounting to Rs. 10,04,33,270. The identical issue has already been dealt with by us in ITA No. 27/Rjt/2016 for A.Y. 2012-13 and in the absence of any changed circumstances the same shall apply mutatis mutandis. Hence, this ground

M/S. D.M.L. EXIM PVT. LTD.,,RAJKOT-GUJARAT vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-5,, RAJKOT-GUJARAT

Appeal is dismissed

Bench: Shri Waseem Ahmed& Ms. Madhumita Roy

23. The next ground of appeal relates to deletion of disallowance made on account of contract cancellation charges amounting to Rs. 10,04,33,270. The identical issue has already been dealt with by us in ITA No. 27/Rjt/2016 for A.Y. 2012-13 and in the absence of any changed circumstances the same shall apply mutatis mutandis. Hence, this ground

THE DY. COMMR. OF INCOME TAX, CIR.-1(2), RAJKOT-GUJARAT vs. M/S D.M.L. EXIM PVT. LTD.,, RAJKOT-GUJARAT

Appeal is dismissed

Bench: Shri Waseem Ahmed& Ms. Madhumita Roy

23. The next ground of appeal relates to deletion of disallowance made on account of contract cancellation charges amounting to Rs. 10,04,33,270. The identical issue has already been dealt with by us in ITA No. 27/Rjt/2016 for A.Y. 2012-13 and in the absence of any changed circumstances the same shall apply mutatis mutandis. Hence, this ground

AMRELI JILLA MADHYASTH SAHAKARI BANK LTD.,AMRELI vs. THE DCIT-ACIT-2(1), RAJKOT, RAJKOT

In the result, the appeal of the assessee is allowed

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.548/Rjt/2024 "नधा"रणवष"/ Assessment Year: 2014-15 Amreli Jilla Madhyasth Sahakari The Dcit/Acit-2(1) बनाम Bank Ltd. Rajkot. Bhojalram Bhavan Vs. Rajmahel Road Amreli 365 601. Pan : Aaata 2737 J (अपीलाथ"/Appellant) : (""यथ"/Respondent) "नधा"रती क" ओर से/Assessee By : Shri D.M.Rindani, Ld.Ar राज"व क" ओर से/Revenue By : Shri Abhimanyu Singh Yadav, Sr-Dr

disallowed deduction on ground that applicant had not made a provision for bad and doubtful debts as required by section 36(1) (viia)(c) On facts, it was clear that intention of assessee was for deduction under section 36(1)(via) only, though 'provision' was nomenclatured as 'reserve'- Whether even if entry was termed as 'reserve' which according to assessee

MISS PARI ANIL GANDHI, RAJKOT,RAJKOT vs. THE PR. CIT-1, RAJKOT, RAJKOT

23 of the Act, if a person\nhold more than one house property then only one house property can be\nclaimed as self-occupied at his/her option and for remaining properties the\nannual value of the house or houses, other than the self-occupied one shall\nbe determined under sub-section (1), as if such house or houses had been

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)

23-05-2019 passed by the Commissioner of Income Tax (Appeals)- 2, Rajkot arising out of the Penalty order passed under section 271(1)(c) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) relating to the Assessment Year (A.Y) 2013-14. I.T.A No. 172/Rjt/2019 A.Y. 2013-14 Page No 2 M/s. Shree Rajmoti Industries Vs.DCIT

LATE SMT. PRITI A. GANDHI L/R. SHRI ANILBHAI A. GANDHI, RAJKOT,RAJKOT vs. THE PR. CIT-1, RAJKOT, RAJKOT

23 of the Act, if a person\nhold more than one house property then only one house property can be\nclaimed as self-occupied at his/her option and for remaining properties the\nannual value of the house or houses, other than the self-occupied one shall\nbe determined under sub-section (1), as if such house or houses had been

M/S RADHE RENEWABLE ENERGY DEVELOPMENT PVT. LTD.,,RAJKOT-GUJARAT vs. THE ASSTT. COMMR. INCOME TAX, CIRCLE-5,, RAJKOT-GUJARAT

In the result, the appeal filed by the assessee is allowed

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

disallowed by the A.O. This ground of appeal is dismissed.” 11. Being aggrieved by the order of the ld. CIT(A), the assessee is in appeal before us. 12. The ld. A.R. before us filed a paper book containing pages from 1 to 372 and contended that assessee has been claiming provision for guarantee/warranty consistently which was also allowed

THE DEPUTY COMMR. INCOME TAX, CIRCLE-1(2),, RAJKOT vs. M/S RADHE RENEWABLE ENERGY DEVELOPMENT PVT. LTD.,, RAJKOT

In the result, the appeal filed by the assessee is allowed

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

disallowed by the A.O. This ground of appeal is dismissed.” 11. Being aggrieved by the order of the ld. CIT(A), the assessee is in appeal before us. 12. The ld. A.R. before us filed a paper book containing pages from 1 to 372 and contended that assessee has been claiming provision for guarantee/warranty consistently which was also allowed

THE DY. COMMR. OF INCOME TAX, CIRCLE-1(1),, RAJKOT-GUJARAT vs. M/S. RADHE RENEWABLE ENERGY DEVELOPEMENT PVT. LTD.,, RAJKOT-GUJARAT

In the result, the appeal filed by the assessee is allowed

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

disallowed by the A.O. This ground of appeal is dismissed.” 11. Being aggrieved by the order of the ld. CIT(A), the assessee is in appeal before us. 12. The ld. A.R. before us filed a paper book containing pages from 1 to 372 and contended that assessee has been claiming provision for guarantee/warranty consistently which was also allowed

RADHE RENEWABLE ENERGY DEVELOPMENT PVT LTD,RAJKOT vs. THE PCIT, RAJKOT-1, RAJKOT, RAJKOT

In the result, the appeal filed by the assessee is allowed

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

disallowed by the A.O. This ground of appeal is dismissed.” 11. Being aggrieved by the order of the ld. CIT(A), the assessee is in appeal before us. 12. The ld. A.R. before us filed a paper book containing pages from 1 to 372 and contended that assessee has been claiming provision for guarantee/warranty consistently which was also allowed

THE ACIT, CEN. CIR.-2,, RAJKOT-GUJARAT vs. M/S. BACKBONE PROJECTS LTD.,, AHMEDABAD

The appeals of the Revenue are dismissed for assessment years 2005-06 and 2006-07

23 Sirsa Ukalana – Budheal Road Project 3. The learned Commissioner of Income Tax (Appeals) - 11, Ahmedabad erred in holding that appellant was not a developer of infrastructure facility in respect of projects specified by him and listed in ground No. 2 above. The appellant craves leave to add, amend, alter and withdraw any ground of appeal anytime

M/S BACKBONE PROJECTS LIMITED.,,AHMEDABAD vs. THE DY. COMMR. OF INCOME TAX, CEN. CIR.-2,, RAJKOT-GUJARAT

The appeals of the Revenue are dismissed for assessment years 2005-06 and 2006-07

23 Sirsa Ukalana – Budheal Road Project 3. The learned Commissioner of Income Tax (Appeals) - 11, Ahmedabad erred in holding that appellant was not a developer of infrastructure facility in respect of projects specified by him and listed in ground No. 2 above. The appellant craves leave to add, amend, alter and withdraw any ground of appeal anytime

M/S BACKBONE PROJECTS LIMITED.,,AHMEDABAD vs. THE DY. COMMR. OF INCOME TAX, CEN. CIR.-2,, RAJKOT-GUJARAT

The appeals of the Revenue are dismissed for assessment years 2005-06 and 2006-07

23 Sirsa Ukalana – Budheal Road Project 3. The learned Commissioner of Income Tax (Appeals) - 11, Ahmedabad erred in holding that appellant was not a developer of infrastructure facility in respect of projects specified by him and listed in ground No. 2 above. The appellant craves leave to add, amend, alter and withdraw any ground of appeal anytime

THE ACIT, CEN. CIR.-2,, RAJKOT-GUJARAT vs. M/S. BACKBONE PROJECTS LTD.,, AHMEDABAD

The appeals of the Revenue are dismissed for assessment years 2005-06 and 2006-07

23 Sirsa Ukalana – Budheal Road Project 3. The learned Commissioner of Income Tax (Appeals) - 11, Ahmedabad erred in holding that appellant was not a developer of infrastructure facility in respect of projects specified by him and listed in ground No. 2 above. The appellant craves leave to add, amend, alter and withdraw any ground of appeal anytime

BATAVA DEVLI SEVA SAHAKARI MANDALI LTD.,BATAVA DEVLI, TAL. KUNLAVA, DIST. AMRELI. vs. THE ADIT, (CPC), BANGALORE, BANGALORE

In the result, appeal of the assessee is allowed

Bench: Shri Waseem Ahmed (Accountant Member), Shri Siddhartha Nautiyal (Judicial Member)

23,470/- 3. The brief facts of the case are that the assessee is a co-operative society, who filed return of income on 27-11-2020 declaring total income of " " Nil and claimed deduction of 3,99,585/-under section 80P of the Act. Thereafter, the assessee received intimation under section 143(1)(a) of the Act making adjustment

M/S. GUPTA GLOBAL EXIM PVT. LTD.,,GANDHIDHAM vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, GANDHIDHAM CIRCLE,, GANDHIDHAM

The appeal of the assessee is allowed, and appeal of the Assessing

Bench: Shri Waseem Ahmed & Smt. Madhumita Roy

disallowances of interest expenses amounting to " 1,80,000 and determined the gross profit at the rate of 3% in the assessment framed under section 143(3) of the Act. However, the ITAT restricted the addition of the GP to the extent of 2% of the turnover amounting to " 1,11,79,287.00 and deleted the addition made

DINESHCHANDRA N. SHAH,,JAMNAGAR. vs. INCOME TAX OFFICER, WARD-2(5),, JAMNAGAR.

In the result, the appeal of the assessee is allowed

23 November 2013 declaring total income at Rs. 41,99,530/-. Subsequently the case of the assessee was selected under scrutiny and the assessment was accordingly framed under section 143(3) of the Act after making the addition of the following items: i. Interest income on the FDR and saving bank account amounting to Rs. 34,912/- which