HOLLIS VITRIFIED PRIVATE LIMITED,MORBI, GUJARAT, INDIA vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX - 1, RAJKOT, RAJKOT, GUJARAT, INDIA

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

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकरअपीलसं./Ita No. 363/Rjt/2024 (Assessment Year: 2018-19) (Hybrid Hearing) Hollis Vitrified Pvt. Ltd. Vs. The Pr. Commissioner Of Income Revenue Survey No. 756/P1/P1/P1, Opp. Tax-1, Rajkot Antique Granito, Ghuntu,-Lakhdhirpur Road, Morbi (Gujarat)-363642 "ायीलेखासं./जीआइआरसं./Pan/Gir No.: Aacch5628Q (अपीलाथ"/Appellant) (""थ"/Respondent)

143(3) of the Act dated 01.04.2021 by the Id. A.O. under the 'Limited Scrutiny' criterion only by doubting the creditworthiness of shareholders as well as non-compliance to the requirements of the Proviso to Section 68

GOPAL SNACKS PVT LTD ,RAJKOT vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1(1), RAJKOT

143(3) read\nwith Section 144B of the Act. Accordingly, we accept the contention of the Assessee\nthat in the facts and circumstances of the present case the doctrine of merger would\napply. Therefore, we reject the contention of the Revenue that the CIT(A) erred in\nentertaining and adjudicating the grounds raised by the Assessee in appeal before

ASSTT COMMISSIONER OF INCOME TAX, CIRCLE - 1(1), , RAJKOT vs. SYMBOSA GRANITO PRIVATE LIMITED, WANKANER

143(3) r.w.s. 263 read with section 144B of the I.T. Act, dated 31-03-\n2022.\n(2) The Ld. CIT(A) has erred in law and on facts in deleting the addition of\nRs.57,61,000/-made u/s. 68

M/S NIHAL PROJECTS,KACHCHH vs. ITO WARD 2 , GANDHIDHAM

In the result, the appeal is allowed in the terms indicated above

3)", "Section 43B", "Section 2(24)(x)", "Section 36(1)(va)", "Section 68", "Section 115BBE", "Section 274", "Section 270A", "Section 271AAC", "Section 234A", "Section 234B", "Section 234C", "Section 234D", "Section 119"], "issues": "Whether the notice issued under section 143

M/S. GREEN EARTH BIOGAS PVT. LTD.,SURENDRANAGAR vs. THE PR. CIT-3, AHMEDABAD, AHMEDABAD

In the result, appeal filed by the assessee is dismissed

143(3)", "Section 40A(3)", "Section 36(1)(iii)", "Section 43(1)", "Section 270A", "Section 270A(10b)", "Section 80JJA", "Section 68

ISS SHIPPING INDIA PVT. LTD., (AS AGENT FOR MAERSK TANKERS SINGAPORE PTE. LTD., SINGAPORE),NAVI MUMBAI vs. DY. COMMR. OF INCOME TAX ( INTERNATIONAL TAXATION),, RAJKOT

In the result, both the appeals of the assessee are allowed for statistical purposes

68,000 Shanghai Banking 6 MT Maersk Princess 3 26,96,32,792^ Corporation Limitd, 21 Collyer Quay ft 02-00 HSBC Building, Singapore 7 MT Maersk Kiera 1 4,03,04,065 MT Maersk Progress 1 I.T.A Nos. 429 & 430/Rjt/2018 A.Y. 2017-18 Page No 13 ISS Shipping India

ISS SHIPPING INDIA PVT. LTD., (AS AGENT FOR MAERSK TANKERS SINGAPORE PTE. LTD., SINGAPORE),NAVI MUMBAI vs. DY. COMMR. OF INCOME TAX ( INTERNATIONAL TAXATION),, RAJKOT

In the result, both the appeals of the assessee are allowed for statistical purposes

68,000 Shanghai Banking 6 MT Maersk Princess 3 26,96,32,792^ Corporation Limitd, 21 Collyer Quay ft 02-00 HSBC Building, Singapore 7 MT Maersk Kiera 1 4,03,04,065 MT Maersk Progress 1 I.T.A Nos. 429 & 430/Rjt/2018 A.Y. 2017-18 Page No 13 ISS Shipping India

M/S. SARJU VITRIFIED PVT. LTD.,MORBI-363641 vs. THE PR. CIT-1, RAJKOT, RAJKOT

In the result, the appeal of the assessee is allowed

section 68 of the Income\nTax Act and therefore, the aggregate amount of Rs.3,05,37,160/- was required\nto be disallowed u/s 68 r.w.s. 115BBE of the Act and added to the total income\nof the assessee while finalizing the assessment proceedings u/s. 143(3

BATAVA DEVLI SEVA SAHAKARI MANDALI LTD.,BATAVA DEVLI, TAL. KUNLAVA, DIST. AMRELI. vs. THE ADIT, (CPC), BANGALORE, BANGALORE

In the result, appeal of the assessee is allowed

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

68 taxmann.com 298 (Kerala), the Kerala High Court held that a return filed by assessee beyond period stipulated under section 139(1) or 139(4) or under section 142(1) or section 148 can also be accepted and acted upon for entertaining claim raised under section 80P provided further proceedings in relation to such assessments

MISS PARI ANIL GANDHI, RAJKOT,RAJKOT vs. THE PR. CIT-1, RAJKOT, RAJKOT

68", "Section 244A", "Section 24", "Section 143(3)", "Section 142(1)"], "issues": "Whether the PCIT was justified

INCOME TAX OFFICER, MORBI vs. MAHENDRAKUMAR BHAGVANDAS RANPURA, MORBI

sections": [ "115BBE", "68", "143(3)", "69B" ], "issues": "Whether Section 115BBE is applicable retrospectively, and whether the Revenue's appeal

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, the assessee’s case was selected for complete scrutiny under CASS for the reason of suspicious sale transactions in the shares. Accordingly, assessee's case for the assessment year 2015–16, under consideration, was reopened u/s 147 of the Act, by the Jurisdictional Assessing Officer after recording reasons for reopening. The notice

GODHAVADAR SEVA SAHAKARI MANDALI LTD.,GODHAVADAR, LILIYA MOTA, AMRELI-365535 vs. THE ADIT (CPC), BANGALORE, BANGALORE

In the result, appeal of the assessee is allowed

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

68 taxmann.com 298 (Kerala), the Kerala High Court held that a return filed by assessee beyond period stipulated under section 139(1) or 139(4) or under section 142(1) or section 148 can also be accepted and acted upon for entertaining claim raised under section 80P provided further proceedings in relation to such assessments

SHRI PARESHKUMAR NARSHIBHAI SIROYA,DHORAJI, DIST. RAJKOT vs. THE PR. CIT-1, RAJKOT, RAJKOT

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

sections": [ "263", "143(3)", "44AD", "68", "271B", "133(6)", "142(1)" ], "issues": "Whether the Principal Commissioner of Income-tax rightly

M/S. REX CERAMIC PVT. LTD.,,MORBI vs. THE PR. CIT-3, RAJKOT,, RAJKOT

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

143(3) of the Act, at a total loss of Rs.1,38,47,401.00 vide order dated 26-12-2017 after making an addition of Rs. 8,00,000.00 on account of unexplained cash credit under section 68

M/S. WINMAX CERAMIC PVT. LTD.,WAKANER vs. THE PR. CIT-3, RAJKOT,, RAJKOT

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

143(3) of the Act, at a total loss of Rs.1,38,47,401.00 vide order dated 26-12-2017 after making an addition of Rs. 8,00,000.00 on account of unexplained cash credit under section 68

M/S. ORFINA CERAMIC PVT. LTD.,,MORBI vs. THE PR. CIT-3, , RAJKOT

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

143(3) of the Act, at a total loss of Rs.1,38,47,401.00 vide order dated 26-12-2017 after making an addition of Rs. 8,00,000.00 on account of unexplained cash credit under section 68

M/S. WINTOP VITRIFIED PVT. LTD.,,MORBI vs. THE PR. CIT-3,, RAJKOT

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

143(3) of the Act, at a total loss of Rs.1,38,47,401.00 vide order dated 26-12-2017 after making an addition of Rs. 8,00,000.00 on account of unexplained cash credit under section 68