DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, RAJKOT vs. CLASSIC NETWORK PVT. LTD., RJAKOT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

M/S. CLASSIC NETWORK LIMITED,,RAJKOT-GUJARAT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, RAJKOT, RAJKOT vs. CLASSIC NETWORK PVT. LTD., RAJKOT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

M/S. CLASSIC NETWORK LIMITED,,RAJKOT-GUJARAT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, RAJKOT-GUJARAT vs. M/S. CLASSIC NETWORK LIMITED,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

CLASSIC NETWORK PRIVATE LIMITED,RAJKOT vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL - 1, RAJKOT, RAJKOT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

CLASSIC NETWORK PRIVATE LIMITED,RAJKOT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL -1 RAJKOT, RAJKOT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

M/S. CLASSIC NETWORK LIMITED,,RAJKOT-GUJARAT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

M/S. CLASSIC NETWORK LIMITED,,RAJKOT-GUJARAT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

CLASSIC NETWORK PRIVATE LIMITED,RAJKOT vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL -1, RAJKOT, RAJKOT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

M/S. CLASSIC NETWORK LIMITED,,RAJKOT-GUJARAT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,, RAJKOT-GUJARAT vs. M/S. CLASSIC NETWORK LIMITED,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,, RAJKOT-GUJARAT vs. M/S. CLASSIC NETWORK LIMITED,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, RAJKOT-GUJARAT vs. M/S. CLASSIC NETWORK LIMITED,, RAJKOT-GUJARAT

In the result, appeal filed by the assessee in ITA No

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

11, Ahmedabad erred in estimating suppressed sales of Rs. 5,01,82,334/- being 2% of accounted turnover and making addition of Rs. 40,14,587/- by estimating 8% gross profit thereon, thereby enhancing it from Rs. 25,00,000/- made by the A.O. 3. The Assessee craves leave to add, amend, alter and withdraw any ground of appeal anytime

THE ACIT-CENTRAL CIRCLE-2, RAJKOT vs. SHRI VICKY BALKRISHNA MEHTA, RAJKOT

The appeal of the Revenue is dismissed

Bench: Mrs. Annapurna Gupta & Shri Siddhartha Nautiyal"नधा"रणवष"/Assessment Year: 2004-05 Assistant Commissioner Of Vs. Shri Vicky Balkrishna Mehta, Income-Tax, 7Th Floor, Mansrovar Central Circle-2, Apartment, Royal Park, Rajkot Kalawad Road, Rajkot Pan : Agqpm 6495 B अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri D.M. Rindani, Ar Revenue By : Shri Shramdeep Sinha, Cit-Dr सुनवाई क" तार"ख/Date Of Hearing : 28.11.2022 घोषणा क" तार"ख /Date Of Pronouncement: 22.02.2023 आदेश/O R D E R Per Annapurna Gupta: This Appeal Is Preferred By The Revenue Against The Order Of The Learned Commissioner Of Income-Tax (Appeals)-13, Ahmedabad (Hereinafter Referred To As “Cit(A)”) Dated 22.01.2020 Passed U/S 250(6) Of The Income-Tax Act, 1961, (Hereinafter Referred To As “The Act”) For Assessment Year (Ay) 2004-05. 2. The Grounds Of Appeal Raised By The Revenue Read As Under:

5 of the Act the funds of the assesses outside India could not be taxable in the hands of appellant if his status was Resident but Not Ordinarily Resident, even though the section excludes only income accruing or rising outside India to such assesses from ambit of taxation. 5.7 In the judgement dated 25-02-2019 in the case

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

reassessment under Section 148 within the prescribed time limits. Further, Section 151 requires assessing officers to obtain sanction of the specified authority before issuing notice under Section 148. In Chhugamal Rajpal v. S P Chaliha, a three-Judge Bench of this Court held that Section 151 must be strictly adhered to because it contains "important safeguards." 65 Section 151 imposes

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

reassessment under Section 148 within the prescribed time limits. Further, Section 151 requires assessing officers to obtain sanction of the specified authority before issuing notice under Section 148. In Chhugamal Rajpal v. S P Chaliha, a three-Judge Bench of this Court held that Section 151 must be strictly adhered to because it contains "important safeguards." 65 Section 151 imposes

SHRI GIRISHBHAI NANJIBHAI SOLANKI,RAJKOT vs. THE ITO, WARD-1 (1) (2), RAJKOT

Bench: Shri Waseem Ahmed & Ms. Madhumita Royआयकरअपीलसं./Ita Nos. 31 & 32/Rjt/2020 िनधा"रणवष"/Asstt. Years:2011-12, 2012-13 िनधा"रणवष" िनधा"रणवष" िनधा"रणवष"

5 to a return filed under section 148 of the Act. The relevant provisions of section 148 of the Act read as under: [Issue of notice where income has escaped assessment. 148. [(1)] Before making the assessment, reassessment or recomputation under section 147, the Assessing Officer shall serve49 on the assessee a notice requiring him to furnish within such period

SHRI GIRISHBHAI NANJIBHAI SOLANKI,RAJKOT vs. THE ITO, WARD-1 (1) (2), RAJKOT

Bench: Shri Waseem Ahmed & Ms. Madhumita Royआयकरअपीलसं./Ita Nos. 31 & 32/Rjt/2020 िनधा"रणवष"/Asstt. Years:2011-12, 2012-13 िनधा"रणवष" िनधा"रणवष" िनधा"रणवष"

5 to a return filed under section 148 of the Act. The relevant provisions of section 148 of the Act read as under: [Issue of notice where income has escaped assessment. 148. [(1)] Before making the assessment, reassessment or recomputation under section 147, the Assessing Officer shall serve49 on the assessee a notice requiring him to furnish within such period