SHRI BHARATKUMAR IASHWARBHAI BHATIYA,RAJKOT vs. THE ACIT, CENTRAL CIRL-1,, RAJKOT

In the result, appeals filed by the Revenue, in ITA No

Bench: Dr. Arjun Lal Saini & Dinesh Mohan Sinhaआयकर अपील सं./Ita No. 134 & 135/Rjt/2023 (िनधा"रणवष" / Assessment Years: (2007-08 & 2008-09) Income Tax Officer, Ward- Shri Kherajmal Lekhrajbjai 5Th 1(2)(1), Aaykar Bhavan, Thavrani, 4- Parsana Nagar, Shri Vs. Floor, Room No. 517, Race Vaheguru Grupa, Near Refugee Course Ring Road, Rajkot-360 Colony, Rajkot-360 001 001 "थायी लेखा सं./जी आइ आर सं./Pan/Gir No.: Adrpt 5807 E (Appellant) (Respondent)

166 (Delhi) it has been held that where assessee had failed to produce any material to authenticate his contention that cash deposits in his account were on account of sales being made by him from Kirana business, tax authorities were justified in making addition of unexplained cash entries in bank account in hands of assessee. 3. In the matter

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

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

166 (SC) (vii) PCIT\nvs. Torrent (P.) Ltd. [2019] 108 taxmann.com 375 (Guj) (viii) CIT vs. Vodafone\nEsar Gujarat Pvt. Ltd. [2017] 85 taxmann.com 32 (Guj) (ix) CIT vs. Binani\nCement Ltd. [2016] 67 taxmann.com 281 (Cal) (x) Jubilant Energy (P) Lt. vs.\nDCIT (3927/Del/2016 (Delhi – Trib.) (xi) Khan Bahadur Ahmed Alluddin

ACIT, CIR-1(1), RAJKOT, RAJKOT vs. SHRI RAJKOT DISTRICT CO OPERATIVE BANK LTD, RAJKOT

The appeal of the revenue is dismissed

Bench: Dr. Arjun Lal Saini. & Shri Dinesh Mohan Sinhaआयकरअपीलसं./Ita No.188/Rjt/2024 िनधा"रणवष"/ Assessment Year: (2015-16) (Hybrid Hearing) Assistant Commissioner Of Income- Vs. Rajkot District Co-Operative Bank Tax, Circle-1 (1), Rajkot Limited Room No.502, Aayakar Bhawan, Jilla Bankbhavan, Kasturba Road, Race Course Ring Road, Rajkot- Opp: Chaudhary High School, 360001 Rajkot 360001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaaar0564K (Appellant) (Respondent) Appellant By : Shri D. M. Rindani, Ld. Ar Respondent By : Shri Abhimanyu Singh Yadav, Ld.Sr.Dr : 09/06 /2025 Date Of Hearing Date Of Pronouncement : 05/08 /2025

reassessments. 3. Ensuring Integrity of Financial Reporting: Segregating eligible business profits upholds the integrity of financial statements, reflecting true and fair views of different business segments. Consequences of Non-Compliance 1. Invalid Deduction Claims: Failure to claim the deduction through the profit and loss account may lead to disallowance, increasing the tax liability of the taxpayer. 2. Administrative Burden: Without

SHRI BHARATKUMAR IASHWARBHAI BHATIYA,RAJKOT vs. THE ITO, WARD-1 (1) (2),, RAJKOT

166\n(Delhi) it has been held that where assessee had failed to produce any material to authenticate his\ncontention that cash deposits in his account were on account of sales being made by him from Kirana\nbusiness, tax authorities were justified in making addition of unexplained cash entries in bank\naccount in hands of assessee.\n3.\nIn the matter

THE INCOME TAX OFFICER-WARD-2,, JUNAGADH vs. SHRI DAMJIBHAI LEKHRAJBHAI THAVRANI,, JUNAGADH

166\n(Delhi) it has been held that where assessee had failed to produce any material to authenticate his\ncontention that cash deposits in his account were on account of sales being made by him from Kirana\nbusiness, tax authorities were justified in making addition of unexplained cash entries in bank\naccount in hands of assessee.\n3.\nIn the matter

SHRI DAMJIBHAI LEKHRAJBHAI THAVRANI,,JUNAGADH vs. THE INCOME TAX OFFICER-WARD 1(2)(4),, RAJKOT

166 (Delhi) it has been held that where assessee had failed to produce any material to authenticate his contention that cash deposits in his account were on account of sales being made by him from Kirana business, tax authorities were justified in making addition of unexplained cash entries in bank account in hands of assessee.\n3. In the matter

THE DY. COMMR. OF INCOME TAX, CEN. CIR.-1,, RAJKOT vs. BHARATKUMAR ISHWARBHAI BHATIYA,, RAJKOT

166\n(Delhi) it has been held that where assessee had failed to produce any material to authenticate his\ncontention that cash deposits in his account were on account of sales being made by him from Kirana\nbusiness, tax authorities were justified in making addition of unexplained cash entries in bank\naccount in hands of assessee.\n3. In the matter

SHRI ANIRUDDHSINH J. SOLANKI,,RAJKOT-GUJARAT vs. THE ASSISTANT COMMR. OF INCOME TAX, CEN. CIRCLE-1,, RAJKOT-GUJARAT

In the result, the appeal filed by the Assessee is allowed and the appeal filed by the Revenue is hereby dismissed

section 148 of the Act also supports the contention of the assessee that he is engaged in the activity of money transfer. Indeed, the assessee was doing such business without obtaining any license from the competent authority. Accordingly it can be inferred that such business carried on by the assessee was without obtaining the license from the competent authority

THE ASSISTANT COMMR. OF INCOME TAX, CEN. CIRCLE-1,, RAJKOT-GUJARAT vs. SHRI ANIRUDDHSINH J. SOLANKI,, RAJKOT-GUJARAT

In the result, the appeal filed by the Assessee is allowed and the appeal filed by the Revenue is hereby dismissed

section 148 of the Act also supports the contention of the assessee that he is engaged in the activity of money transfer. Indeed, the assessee was doing such business without obtaining any license from the competent authority. Accordingly it can be inferred that such business carried on by the assessee was without obtaining the license from the competent authority