MUKESH MANEKCHAND SHETH,RAJKOT vs. THE DCIT-ACIT, CENTRAL CIRCLE -2, RAJKOT., RAJKOT

147 of the Act is incurably and defective. In para-3 of SCN, it is\nstated that the provision of Section 149(1)(b) has been followed by taking\napproval from the specified authority. However, as submitted above, there is no\nmention of asset or expenditure represented by the alleged-escaped income and\nhence, the notice issued u/s

MUKESH MANEKCHAND SHETH,RAJKOT vs. THE DCIT-ACIT, CENTRAL CIRCLE -2, RAJKOT, RAJKOT

147 of the Act is incurably and defective. In para-3 of SCN, it is\nstated that the provision of Section 149(1)(b) has been followed by taking\napproval from the specified authority. However, as submitted above, there is no\nmention of asset or expenditure represented by the alleged-escaped income and\nhence, the notice issued u/s

AMIBEN RAJESHKUMAR PUNATAR,RAJKOT vs. ITO, WARD-1(2)(1), RAJKOT, RAJKOT

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

Bench: Dr. Arjun Lal Sainiआयकरअपील सं. /Ita No.24/Rjt/2026 िनधा"रण वष"/Assessment Year : 2015-16 Amiben Rajeshkumar Punatar, बनाम/ Ito, Ashish, 41-New Jagnath Plot, Vs Ward – 1(2)(1), Rajkot – 360001(Gujarat) Rajkot "ायीलेखासं./जीआइआरसं./Pan/Gir No.: Ahrpp4181F (अपीलाथ"/Assessee) (""थ"/Respondent)

section 143(3) of the Act. I note that under the proviso to section147 of the Act, where an assessment has been completed u/s 143(3) of the Act, and thereafter the assessing officer seeks to take an action u/s 147 of the Act, for re-assessment of income escaping assessment, after the period of 4 years from

MUKESH MANEKCHAND SHETH,RAJKOT vs. THE DCIT-ACIT, CENTRAL CIRCLE-2, RAJKOT, RAJKOT

147 of the Act is incurably and defective. In para-3 of SCN, it is\nstated that the provision of Section 149(1)(b) has been followed by taking\napproval from the specified authority. However, as submitted above, there is no\nmention of asset or expenditure represented by the alleged-escaped income and\nhence, the notice issued u/s

DCIT, CENTRAL CIRCLE 2, RAJKOT, RAJKOT vs. SHRI MUKESH MANEKCHAND SHETH, RAJKOT

147 of the Act is incurably and defective. In para-3 of SCN, it is\nstated that the provision of Section 149(1)(b) has been followed by taking\napproval from the specified authority. However, as submitted above, there is no\nmention of asset or expenditure represented by the alleged-escaped income and\nhence, the notice issued u/s

JIGAR INDUSTRIES,JAMWADI vs. INCOME TAX OFFICER, RAJKOT

In the result, the assessee`s appeal is allowed

147 of the Income tax\nAct. 1961. In the facts and circumstances of the case, learned CIT(A) ought to have\nheld that the action of reopening as invalid and the same may kindly be held as\ninvalid.\n(2). The LdCIT(A), has erred in law and on facts in upholding the action of Assessing\nOfficer that the Assessee

SHRI SHAMJIBHAI SADHABHAI KANGAD,GANDHIDHAM-KUTCH vs. THE DCIT CENTRAL CIRCLE-1 , RAJKOT

200\n57,19,186\n51,85,014\nUnsecured loans\n2011-12\n3,14,96,106\n1,25,48,103\n1,89,48,003\nUnsecured loans\n2012-13\n3,33,42,042\n1,91,62,201\n1,41,79,84`1\nUnsecured loans\n2013-14 6,00,82,694\n3,22,89,423\n2,77,93,271\nUnsecured loans\n2014

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)

3) r.w.s. 263 of the Act and Assessing Officer made following addition: 1. BHARATKUMAR ISHWARBHAI BHATIYA 2. DHAMJIBHAI & KHIRAJMAL LEKHRAJBHAI THALVANI i. Addition an account of commission income of Rs. 8,61,446/-. ii. Addition of peak credit in bank account of Rs. 46,50,353/-. On appeal, before Ld. CIT(A), the assessee did not press ground relating

R K DREAMLAND,RAJKOT vs. DCIT, CC-1, RAJKOT, RAJKOT

200/- made in the purchase of land at R.S.No. 74/3 paiki 1 Rajkot as culled out from the seized Miracle data.\n\nSelection for scrutiny\n\n9. As details regarding unaccounted part of the aforementioned transactions pertaining to the assessee have been gathered from the seized material during the search operation, the case of the assessee has been re-opened

R K DREAMLAND,RAJKOT vs. DCIT, CC-1, RAJKOT, RAJKOT

200/- made in the purchase of land at R.S.No. 74/3 paiki 1 Rajkot as culled out from the seized Miracle data.\n\nSelection for scrutiny\n\n9. As details regarding unaccounted part of the aforementioned transactions pertaining to the assessee have been gathered from the seized material during the search operation, the case of the assessee has been re-opened

R K DREAMLAND,RAJKOT vs. DCIT, CC-1, RAJKOT, RAJKOT

200/- made in the purchase of land at R.S.No. 74/3 paiki 1 Rajkot as culled out from the seized Miracle data.\n\nSelection for scrutiny\n\n9. As details regarding unaccounted part of the aforementioned transactions pertaining to the assessee have been gathered from the seized material during the search operation, the case of the assessee has been re-opened

R K DREAMLAND,RAJKOT vs. ACIT, CC-1, RAJKOT, RAJOKT

200/- made in the purchase of land at\nR.S.No. 74/3 paiki 1 Rajkot as culled out from the seized Miracle data.\nSelection for scrutiny\n9. As details regarding unaccounted part of the aforementioned transactions\npertaining to the assessee have been gathered from the seized material during the\nsearch operation, the case of the assessee has been re-opened u/s 147

RK DREAMLAND,RAJKOT vs. ACIT, CC-1, RAJKOT, RAJKOT

200/- made in the purchase of land at\nR.S.No. 74/3 paiki 1 Rajkot as culled out from the seized Miracle data.\nSelection for scrutiny\n9. As details regarding unaccounted part of the aforementioned transactions\npertaining to the assessee have been gathered from the seized material during the\nsearch operation, the case of the assessee has been re-opened u/s 147

DCIT, CENTRAL CIRCLE 1, RAJKOT, RAJKOT vs. R K DREAMLAND, RAJKOT

200/- made in the purchase of land at\nR.S.No. 74/3 paiki 1 Rajkot as culled out from the seized Miracle data.\nSelection for scrutiny\n9. As details regarding unaccounted part of the aforementioned transactions\npertaining to the assessee have been gathered from the seized material during the\nsearch operation, the case of the assessee has been re-opened u/s 147

R K DREAMLAND,RAJKOT vs. DCIT, CC-1, RAJKOT, RAJKOT

200/- made in the purchase of land at\nR.S.No. 74/3 paiki 1 Rajkot as culled out from the seized Miracle data.\nSelection for scrutiny\n9. As details regarding unaccounted part of the aforementioned transactions\npertaining to the assessee have been gathered from the seized material during the\nsearch operation, the case of the assessee has been re-opened u/s 147

DCIT, CENTRAL CIRCLE 1, RAJKOT, RAJKOT vs. R K DREAMLAND, RAJKOT

200/- made in the purchase of land at\nR.S.No. 74/3 paiki 1 Rajkot as culled out from the seized Miracle data.\nSelection for scrutiny\n9. As details regarding unaccounted part of the aforementioned transactions\npertaining to the assessee have been gathered from the seized material during the\nsearch operation, the case of the assessee has been re-opened u/s 147

KRUPALU METALS P. LTD.,JAMNAGAR vs. THE NFAC DELHI, DELHI

200/- and furnace oil of Rs.1,85,250/-\n7.\nThe assessing officer noted that vide the Annexure-5, the assessee has\nsubmitted only one page stock summary for the year instead of month wise\nclosing stock details in respect of each item for the relevant financial year\ngiving quantity details and value.\n8.\nThe assessing officer noted that

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VAPI vs. RAJESHBHAI MAGANBHAI AHIR, SURAT

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

Bench: Dr. B.R.R. Kumar, Vice- & Ms. Suchitra Kamble

u/s 698 of the I.T Act in contravention to the provision of section 2920 of the IT Act 1961 and without appreciating the facts that the addition had been made on the basis of incriminating details/documents recovered during the survey proceedings. 4 On the facts and circumstances of the case and in law, the Ld CIT(A) erred in deleting