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

80J or section 80JJ are allowable in case of the partner also. Which prior to 01.04.1993 were not allowable. Further two new sections has been inserted into the Act. i.e. section 10(2A) and section 28(v) of the Act. As per section 10(2A) of the Act share of profit of the firm has been exempt in case

BHAVANI INDUSTRIES INDIA LLP,RAJKOT vs. ACIT, CIRCLE-2(1), RAJKOT, RAJKOT

80J or section 80JJ are allowable in case\nof the partner also. Which prior to 01.04.1993 were not allowable.\nFurther two new sections has been inserted into the Act. i.e. section 10(2A) and section 28(v)\nof the Act.\nAs per section 10(2A) of the Act share of profit of the firm has been exempt in case

BHAVANI INDUSTRIES INDIA LLP,RAJKOT vs. ADDI. CIT, RANGE-2, RAJKOT, RAJKOT

80J or section 80JJ are allowable in case\nof the partner also. Which prior to 01.04.1993 were not allowable.\nFurther two new sections has been inserted into the Act. i.e. section 10(2A) and section 28(v)\nof the Act.\nAs per section 10(2A) of the Act share of profit of the firm has been exempt in case

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

80J or section 80JJ are allowable in case\nof the partner also. Which prior to 01.04.1993 were not allowable.\nFurther two new sections has been inserted into the Act. i.e. section 10(2A) and section 28(v)\nof the Act.\nAs per section 10(2A) of the Act share of profit of the firm has been exempt in case

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

80J or section 80JJ are allowable in case\nof the partner also. Which prior to 01.04.1993 were not allowable.\nFurther two new sections has been inserted into the Act. i.e. section 10(2A) and section 28(v)\nof the Act.\nAs per section 10(2A) of the Act share of profit of the firm has been exempt in case

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

In the result, summarised and concise ground No

80J or section 80JJ are allowable in case\nof the partner also. Which prior to 01.04.1993 were not allowable.\nFurther two new sections has been inserted into the Act. i.e. section 10(2A) and section 28(v)\nof the Act.\nAs per section 10(2A) of the Act share of profit of the firm has been exempt in case

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

80J or section 80JJ are allowable in case\nof the partner also. Which prior to 01.04.1993 were not allowable.\nFurther two new sections has been inserted into the Act. i.e. section 10(2A) and section 28(v)\nof the Act.\nAs per section 10(2A) of the Act share of profit of the firm has been exempt in case

ALPHA HI-TECH FUEL LTD.,,MUMBAI vs. THE DEPUTY COMMISSIONER OF INCOME TAX, SNR CIRCLE,, SURENDRANAGAR

In the result the appeal filed by the assessee is allowed

Bench: Shri Waseem Ahmed & Shri T.R. Senthil Kumarआयकरअपीलसं./I.T.A. No.68/Rjt/2009 (धििाधरणणवध/ Assessment Year 2005-06) Alpha Hi-Tech Fuel Limited, बिाम/ D.C.I.T, Station Road, Surendranagar Vs. Lakhtar, Dist. Surendranagar, Gujarat-382775 स्ायीलेखासं./जीआइआरसं./Pan/Gir No. : Aaaca4258P (अपीला््/Appellant) (प्य््/ Respondent) अपीला््थरसे/ Appellant By : Shri Kalpesh Doshi, A.R Shri B.D Gupta, Sr. D.R. प्य््करथरसे/Respondent By: सुिणाईकरतारीख/ Date Of Hearing 08/06/2023 घोवणाकरतारीख/Date Of Pronouncement 05/09/2023 आदेश/ O R D E R Per Waseem Ahmed:

disallowance u/s.40(a)(ia) of advertisement expenses of Rs.5 lacs without appreciating the fact that the appellant has not even claimed deduction for the same. The appellant craves leave to amend, modify, add or substitute the above grounds of appeal. The 1st issue raised by the assessee in ground number 1 is that the learned 3. CIT-A erred

SEABIRD MARINE SERVICES PRIVATE LIMITED,JAMNAGAR vs. ACIT, CIRCLE - 1, JAMNAGAR, JAMANGAR

In the result, ground No.4 raised by the assessee is allowed

80J.\"\n4. For deciding this issue, it is necessary for us to examine the object of introducing section\n115J which can be easily deduced from the Budget Speech of the then Finance Minister of India\nmade in the Parliament while introducing the said section which is as follows :\n\"It is only fair and proper that the prosperous should

THE ASSISTANT COMMR. OF INCOME TAX, CIRCLE-3,, JAMNAGAR vs. AKSHAR METALS,, JAMNAGAR

In the result appeal of the Revenue is hereby dismissed

Bench: Shri Mahavir Prasad & Shri Waseem Ahmedअपील सं./Ita No.246/Rjt/2015 िनधा"रण वष"/Asstt. Year: 2011-2012 & अपील सं./Ita No.161/Rjt/2016 िनधा"रण वष"/Asstt. Year: 2012-2013 A.C.I.T., M/S Akshar Metals, Circle-3, Vs. Geetanjali, Jamnagar. Summair Club Road, 2, Hathi Colony, Jamnagar. Pan: Aapfa6505K

disallowance of deduction u/s 10AA, as there Is no provisions in such section that two entities claiming such deduction cannot operate from same Industrial plot or building from which business operations are carried out must belong to appellant claiming such deduction. Even In present case, AMPL has extended, building owned In SEZ- after obtaining necessary approval and floor so extended

THE ASSISTANT COMMR. OF INCOME TAX, CIRCLE-3,, JAMNAGAR vs. M/S AKSHAR METALS,, JAMNAGAR

In the result appeal of the Revenue is hereby dismissed

Bench: Shri Mahavir Prasad & Shri Waseem Ahmedअपील सं./Ita No.246/Rjt/2015 िनधा"रण वष"/Asstt. Year: 2011-2012 & अपील सं./Ita No.161/Rjt/2016 िनधा"रण वष"/Asstt. Year: 2012-2013 A.C.I.T., M/S Akshar Metals, Circle-3, Vs. Geetanjali, Jamnagar. Summair Club Road, 2, Hathi Colony, Jamnagar. Pan: Aapfa6505K

disallowance of deduction u/s 10AA, as there Is no provisions in such section that two entities claiming such deduction cannot operate from same Industrial plot or building from which business operations are carried out must belong to appellant claiming such deduction. Even In present case, AMPL has extended, building owned In SEZ- after obtaining necessary approval and floor so extended