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

151 of the Act. 40. We have gone through the above reasons recorded by the assessing officer and noticed that these reasons were recorded based on the guess work and conjuncture, and assessing officer did not have definite information to say that particular income of the assessee has escaped from assessment. It seems to us that assessing officer recorded

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

151 of the Act. 40. We have gone through the above reasons recorded by the assessing officer and noticed that these reasons were recorded based on the guess work and conjuncture, and assessing officer did not have definite information to say that particular income of the assessee has escaped from assessment. It seems to us that assessing officer recorded

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

151 of the Act. 40. We have gone through the above reasons recorded by the assessing officer and noticed that these reasons were recorded based on the guess work and conjuncture, and assessing officer did not have definite information to say that particular income of the assessee has escaped from assessment. It seems to us that assessing officer recorded

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

151 of the Act. 40. We have gone through the above reasons recorded by the assessing officer and noticed that these reasons were recorded based on the guess work and conjuncture, and assessing officer did not have definite information to say that particular income of the assessee has escaped from assessment. It seems to us that assessing officer recorded

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

151 of the Act. 40. We have gone through the above reasons recorded by the assessing officer and noticed that these reasons were recorded based on the guess work and conjuncture, and assessing officer did not have definite information to say that particular income of the assessee has escaped from assessment. It seems to us that assessing officer recorded

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

151 of the Act. 40. We have gone through the above reasons recorded by the assessing officer and noticed that these reasons were recorded based on the guess work and conjuncture, and assessing officer did not have definite information to say that particular income of the assessee has escaped from assessment. It seems to us that assessing officer recorded

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

151 of the Act. 40. We have gone through the above reasons recorded by the assessing officer and noticed that these reasons were recorded based on the guess work and conjuncture, and assessing officer did not have definite information to say that particular income of the assessee has escaped from assessment. It seems to us that assessing officer recorded

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

151 of the Act. 40. We have gone through the above reasons recorded by the assessing officer and noticed that these reasons were recorded based on the guess work and conjuncture, and assessing officer did not have definite information to say that particular income of the assessee has escaped from assessment. It seems to us that assessing officer recorded

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

151 of the Act. 40. We have gone through the above reasons recorded by the assessing officer and noticed that these reasons were recorded based on the guess work and conjuncture, and assessing officer did not have definite information to say that particular income of the assessee has escaped from assessment. It seems to us that assessing officer recorded

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

151 of the Act. 40. We have gone through the above reasons recorded by the assessing officer and noticed that these reasons were recorded based on the guess work and conjuncture, and assessing officer did not have definite information to say that particular income of the assessee has escaped from assessment. It seems to us that assessing officer recorded

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

151 of the Act. 40. We have gone through the above reasons recorded by the assessing officer and noticed that these reasons were recorded based on the guess work and conjuncture, and assessing officer did not have definite information to say that particular income of the assessee has escaped from assessment. It seems to us that assessing officer recorded

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

151 of the Act. 40. We have gone through the above reasons recorded by the assessing officer and noticed that these reasons were recorded based on the guess work and conjuncture, and assessing officer did not have definite information to say that particular income of the assessee has escaped from assessment. It seems to us that assessing officer recorded

ANSHOYABEN BHAGVANJIBHAI BHOJANI,MORBI vs. INCOME TAX OFFICER, WARD-1, MORBI, MORBI

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

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinhaआयकरअपीलसं./Ita No. 13/Rjt/2026 ("नधा"रणवष"/Assessment Year: (2017-18) Anshoyaben Bhagvanjibhai Bhojani, Income Tax Officer, Ward 1, Morbi Shreeji Nagar, B/H. Chhatralaya Road, Vs. Income Tax Office, Aayakar Vibhag, B/H New Bus Stand, Morbi, J.K. Chamber, National Highway-8-A, Gujarat 363641 At- Lalpar, Morbi Gujarat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Brnpb6281R (अपीलाथ"/Appellant) (""यथ"/Respondent)

1) of the new regime can grant sanction till June 30, 2021." Therefore, notice issued under section 148 issued between July, 2022 and September, 2022 is nothing but substitution of the notices which were issued under TOLA by the respondent between 1st April, 2021 and 30th June, 2021. This is further fortified by directions of the Hon'ble Apex

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

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं /.Ita Nos. 498 & 499/Rjt/2025 "नधा"रणवष"/ Assessment Years: 2015-16 & 2020-21 बनाम Gopal Snacks Pvt. Ltd. Asst. Commissioner Of Plot No.2322-2324, Gidc Metoda, Income Tax Vs. Lodhika, Rajkot, Gujarat-360021 Circle-1(1), Rajkot Pan : Aadcg6113A (अपीलाथ"/Appellant) : (""यथ"/Respondent) "नधा"रती क" ओर से/Assessee By : Shri Prakash Jhunjhunwala & Shri K. K. Maloo, Ars. राज"व क" ओर से/Revenue By : Shri Shramdeep Sinha, Cit.Dr & Shri Abhimanyu Singh, Sr. Dr सुनवाई क" तार"ख /Date Of Hearing : 19/11/2025 घोषणा क" तार"ख /Date Of Pronouncement : 08/12/2025

68 of unsecured loans received of Rs.85,00,000/-, ought to have considered the understated vital facts, being; a) The exhaustive documentary evidences, being Ledger, Confirmation, PAN, Own bank statement, I.T return, bank statement and balance sheet of lenders and TDS certificate for interest payment to prove the identity, genuineness and credit-worthiness of the lenders has not been disproved

JIVANBHAI DE vs. HIBHAI SARLA,THANGADH, DIST. SURENDRANAGARVS.THE ITO WARD 2, SURENDRANAGAR, SURENDRANAGAR

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

151(i) of the Act for issuance of order under section 148A(d) and notice under section 148 of the Act is valid and therefore, contention of the petitioners is not tenable in view of facts of the case. 65. The alternative contention of the petitioner as to whether notices would be valid notice or invalid notice considering

JIVANBHAI DE vs. HIBHAI SARLA,THANGADH, DIST. SURENDRANAGARVS.THE ITO WARD-2, SURENDRANAGAR, SURENDRANAGAR

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

151(i) of the Act for issuance of order under section 148A(d) and notice under section 148 of the Act is valid and therefore, contention of the petitioners is not tenable in view of facts of the case. 65. The alternative contention of the petitioner as to whether notices would be valid notice or invalid notice considering

KISHAN BEEJ,JAMNAGAR vs. ITO WARD 2(1), JAMNAGAR

In the result, appeal filed by the assessee is allowed

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं/.Ita No.384/Rjt/2024 "नधा"रणवष"/ Assessment Year: 2017-18 Kishan Beej Ito, Wared-2(1) बनाम Kashivishvanath Road Jamnagar – 361 001 Nr. P & T Office Vs. Jamnagar – 361 001 Pan : Aacfk 2114 P (अपीलाथ"/Appellant) (""यथ"/Respondent) :

section 151 of the Act.In this regards, reliance is placed in the case of UOI v. Rajeev Bansal [2024] 167 taxmann.com 70 (SC) the Hon’ble court has dealt with various issues as under: “Para 68: After 1

JITENDRABHAI BHAGVANBHAI DALVADI,SURENDRANAGAR vs. ITO WARD 2, MORBI

In the result, the appeal of the assessee is allowed

Bench: DR. ARJUN LAL SAINI (Accountant Member), SHRI DINESH MOHAN SINHA (Judicial Member)

1,24,671) remains unexplained and accordingly cash deposit to the tune of Rs.13,76,329/- was Jitendrabhai B Dalvadi 5 treated, by the assessing officer, as income from undisclosed source and added to the taxable income of the assessee. 10. Aggrieved by the order of Assessing Officer, the assessee carried the matter in appeal before the Ld.CIT