THE DY. COMMR. OF INCOME TAX, CIRCLE-3(1),, RAJKOT-GUJARAT vs. M/S SAURASHTRA GRAMIN BANK,, RAJKOT-GUJARAT

In the result, the appeal filed by the Revenue is dismissed

Bench: Shri Waseem Ahmed & Ms. Madhumita Royअपील सं./Ita No.376/Rjt/2016 िनधा"रण वष"/Asstt. Year: 2012-2013 D.C.I.T., M/S. Saurashtra Gramin Bank, Circle-3(1), Vs. Gopalnaga, Opp. Andh Mahila Rajkot. Vikas Gruh, Rajkot.

section 10(34) of the Act. The assessee worked out the disallowance with respect to such exempted income for Rs.1,00,000/- only being 0.5% of average investment representing administrative expenses. 16.1 However, the AO found that there was no disallowance made by the assessee on account of interest expenses accordingly the AO made the disallowances as under: Sr.No. Particulars

SHRI JAIN SWETAMBER MURTIPUJAK TAPGACHCHH SANGHA,DHORAJI, DIST. RAJKOT vs. THE NFAC (APPEALS) DELHI, DELHI

In the result the appeal filed by the assessee is allowed

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

disallowed. 4. The assessee in the present case is a Trust and filed its return of income declaring an income of Rs. NIL after claiming exemption under Section 11(1)(a) of the Act. However, the CPC while processing the return under Section 143(1) of the Act did not allow the benefit of deduction of the expenditure claimed

BHAVANI INDUSTRIES INDIA LLP,RAJKOT vs. ACIT, CIRCLE-2, RAJKOT, RAJKOT

In the result, summarised and concise ground No

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं./ Ita No. 247 To 250 & 260/Rjt/2024 "नधा"रण वष"/ Assessment Years: 2012-13, 2013-14, 2017-18 2018-19 & 2010-11 Bhawani Industries India Llp Assistant Commissioner Of बनाम/ Income-Tax, Cicle-2(1), Rajkot, C/1-B, 236/3 Gidc, Aji Industrial Room No.311, 3Rd Floor, Aaykar Estate, Rajkot-36 003 Vs. Bhawan, Race Course Ring Road, Rajkot-360 001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aacfb 8046 R (अपीलाथ"/Assessee) (""यथ"/Respondent) आयकर अपील सं/.Ita No.254 To 256/Rjt/2024 "नधा"रण वष"/ Assessment Years: 2010-11, 2012-13 & 2013-14 Bhawani Industries India Llp Assistant Commissioner Of Income- C/1-B, 236/3 Gidc, Aji बनाम/ Tax, Cicle-2(1), Rajkot, Room No.311, Industrial Estate, Rajkot-36 3Rd Floor, Aaykar Bhawan, Race Vs. 003 Course Ring Road, Rajkot-360 001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aacfb 8046 R (अपीलाथ"/Assessee) (""यथ"/Respondent) "नधा"रती क" ओर से/Assessee By : Shri Mehul Ranpura, Ld.Ar राज"व क" ओर से/Revenue By : Shri Sanjay Punglia, Ld. Cit-Dr & Shri Abhimanyu Singh Yadav, Sr-Dr

section 80A(3) of the Act. Likewise firm & partners total income 37500+37500-75000 also remains the same as per prior 01.04.93 firm's income. Thus by new scheme of taxation of firm only single point tax system has been adopted as against dual tax system prior to 01.04.93. (4a) The Assessing Officer per para 3 of the assessment order

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2(1), RAJKOT, RAJKOT vs. BHAWANI INDUSTRIES INDIA LLP, RAJKOT

In the result, summarised and concise ground No

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं./ Ita No. 247 To 250 & 260/Rjt/2024 "नधा"रण वष"/ Assessment Years: 2012-13, 2013-14, 2017-18 2018-19 & 2010-11 Bhawani Industries India Llp Assistant Commissioner Of बनाम/ Income-Tax, Cicle-2(1), Rajkot, C/1-B, 236/3 Gidc, Aji Industrial Room No.311, 3Rd Floor, Aaykar Estate, Rajkot-36 003 Vs. Bhawan, Race Course Ring Road, Rajkot-360 001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aacfb 8046 R (अपीलाथ"/Assessee) (""यथ"/Respondent) आयकर अपील सं/.Ita No.254 To 256/Rjt/2024 "नधा"रण वष"/ Assessment Years: 2010-11, 2012-13 & 2013-14 Bhawani Industries India Llp Assistant Commissioner Of Income- C/1-B, 236/3 Gidc, Aji बनाम/ Tax, Cicle-2(1), Rajkot, Room No.311, Industrial Estate, Rajkot-36 3Rd Floor, Aaykar Bhawan, Race Vs. 003 Course Ring Road, Rajkot-360 001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aacfb 8046 R (अपीलाथ"/Assessee) (""यथ"/Respondent) "नधा"रती क" ओर से/Assessee By : Shri Mehul Ranpura, Ld.Ar राज"व क" ओर से/Revenue By : Shri Sanjay Punglia, Ld. Cit-Dr & Shri Abhimanyu Singh Yadav, Sr-Dr

section 80A(3) of the Act. Likewise firm & partners total income 37500+37500-75000 also remains the same as per prior 01.04.93 firm's income. Thus by new scheme of taxation of firm only single point tax system has been adopted as against dual tax system prior to 01.04.93. (4a) The Assessing Officer per para 3 of the assessment order

THE ITO, WARD-2 (1) (4),, RAJKOT vs. PATEL HIGHWAY MANAGEMENT PVT. LTD.,, RAJKOT

In the result, the appeal filed by the Revenue is dismissed

Bench: Shri Waseem Ahmed & Shri T.R. Senthil Kumarआयकर अपील सं./Ita No. 383/Rjt/2017 िनधा"रण वष"/Asstt. Years: 2013-2014 Patel Highway Management Pvt. Ltd., I.T.O., 2Nd Floor, Patcon House, Vs. Ward-2(1)4, Kalwad Road, Rajkot. Kotecha Chowk, Rajkot.

disallowance u/s.80IA(4) of the Act by observing as follows: The finding of the AO, while denying the claim of deduction, was focused - • That the letter of award has been allotted to the consortium of M/s. Patel Infrastructure Pvt. Ltd. and M/s. Katira Construction Ltd on the basis of the evaluation of the financial and technical capacity of both

DCIT, CENTRAL CIRCLE 1, RAJKOT, RAJKOT vs. SHRI DEEPAK MOHANLAL PURSWANI, RAJKOT

4A) in respect of paper not recovered from him. No addition can be made on the\nbasis of documents found from third party in the absence of corroborative evidence.\nTherefore, the Assessing Office as Asstt. Years: 2004-05, 2007-08, 2008-09 well as the\ncommissioner of Income Tax (A) erred in making the addition on the basis of said

THE ASSISTANT COMMR. OF INCOME TAX, CIRCLE-3,, JAMNAGAR vs. SHRI MILANKUMAR M. POBARU,, JAMNAGAR

Appeal of the Revenue is partly allowed

section 36(1)(va) of the Act. Since it is a fact on record that the employees contribution of Rs.9028/- was deposited delayed as per the applicable provisions of law, the issue stands covered against the assessee. The disallowance of Rs.9028/- on account of delayed deposit of employee’s contribution to ESI is accordingly upheld. 15. Ground of appeal No.2

SHRI RAJKOT VISHASHRIMALI JAIN SAMAJ ,RAJKOT vs. THE ITO, EXEMPTION WARD-1, RAJKOT, RAJKOT

In the result, appeal of the assessee is allowed

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

disallowance of expenditure claimed by the assessee in its computation of income. Accordingly, even if it were to be assumed that the assessee is not eligible to claim deduction u/s. 11 of the Act, even otherwise the expenses claimed by the assessee cannot be denied u/s. 143(1) of the Act. Finally, the counsel for the assessee agreed that

SHRI RAJKOT DISTRICT COOPERATIVE BANK LTD.,,RAJKOT-GUJARAT vs. THE PR. COMMR. OF INCOME TAX-1,, RAJKOT-GUJARAT

In the result, appeal of the assessee is dismissed

Bench: Smt.Annapurna Gupta & Shri T.R. Senthil Kumarassessment Year :2011-12 Shri Rajkot District Cooperative Vs. Pr.Cit, Rajkot-1 Bank Ltd. Rajkot. ‘Jilla Bank Bhavan’, Kasturba Road Opp: Chaudhari High School Rajkot. Pan : Aaaar 0564 K 0 अपीलाथ"/ (Appellant) "" यथ"/(Respondent) Assesseeby : Shri S.N. Soparkar, Ld.Ar Revenue By : Shri Shramdeep Sinha, Ld.Cit-Dr सुनवाई क" तार"ख/Date Of Hearing : 17/11/2022 घोषणा क" तार"ख /Date Of Pronouncement: 15/02/2023

disallowed as deduction. Such orders cannot be held to be erroneous 3. The learned Principal CIT is not permitted in law to pre-judge taxability of Rs. 25.00 Crore transferred from Provision for Bad and Doubtful Debt to Statutory Reserve and propose the same to be taxed which effectively serves as directions to AO to make specified addition

SHRI GANDHI MAULANA AZAD SHRAMJIVI ASHRA,KUTCH vs. INCOME TAX OFFICER, EXEMPTION WARD 1, RAJKOT, RAJKOT

In the result, appeals of the assessee, are allowed

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

Disallowance of expenses has been made without following the provisions of Section 145(3) of the Act. 7. That, the Ld. AO has wrongly initiated penalty proceedings u/s 270A, 271A, 271B and 271F of the Act. 8. That, the Ld. AO has wrongly charged interest u/s 234A and 234B of the Act. 9. That, the findings

SHRI GANDHI MAULANA AZAD SHRAMJIVI ASHRA,KUTCH vs. INCOME TAX OFFICER, EXEMPTION WARD 1, RAJKOT, RAJKOT

In the result, appeals of the assessee, are allowed

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

Disallowance of expenses has been made without following the provisions of Section 145(3) of the Act. 7. That, the Ld. AO has wrongly initiated penalty proceedings u/s 270A, 271A, 271B and 271F of the Act. 8. That, the Ld. AO has wrongly charged interest u/s 234A and 234B of the Act. 9. That, the findings

DEPUTY COMMISSIONER OF INCOME TAX, RAJKOT vs. CHETAN NANDLAL SANGANI, RAJKOT

In the result, Revenue’s appeal ITA No

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं./Ita No. 248 & 249/Rjt/2022 (िनधा"रण वष"/Assessment Year: (2018-19 & 2019-20) Deputy Commissioner Of Chetan Nandlal Sangani Income Tax, Central Circle– Vs. 309, Shalin Complex, 2, Madhavi Chowk, Soni Rajkot, “Amruta Estate”, 2Nd Bazar, Rajkot-360 001 Floor, Mg Road, Rajko-360 001 "थायी लेखा सं./जीआइआरसं./Pan/Gir No.: Amvps 5788 E (अपीलाथ"/Appellant) (""यथ"/Respondent)

section 142(1) of the Act, along with detailed questionnaire, which is reproduced by the assessing officer, in the assessment order, vide, page number 4 to 31. 7. In response to the above notice of the assessing officer, the assessee submitted its reply, before the assessing officer, which is reproduced below: “With reference to the ongoing assessment proceedings u/s, 153A

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRC;E-2, RAJKOT vs. CHETAN NANDLAL SANGANI, RAJKOT

section 142(1) of the Act, along with detailed questionnaire, which is reproduced by the assessing officer, in the assessment order, vide, page number 4 to 31. 7. In response to the above notice of the assessing officer, the assessee submitted its reply, before the assessing officer, which is reproduced below: “With reference to the ongoing assessment proceedings u/s, 153A

SHRI JAWAHAR RAMJIBHAI MORI,,RAJKOT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,, RAJKOT

In the result, the appeal of the assessee is allowed

Bench: Shri Waseem Ahmed & Ms. Madhumita Royअपील सं./Ita No.23/Rjt/2019 िनधा"रण वष"/Asstt. Year: 2013-2014 Shri Jawaharbhai Ramjibhai Mori, D.C.I.T., Design Workshop Architects Vs. Central Circle-1, Consultants, Rajkot. Trisha Complex, 1, 2Nd Floor, Above Chandan Super Market, Amin Marg. Rajkot.

disallowing the expenses. 7.2 In view of the above, we are of the view that prayer made by the learned AR for the assessee at the time of hearing is not acceptable. Therefore, we reject the same. 7.3 Moving further, we note that the assessee is under the obligation to explain the entries found in the seized documents