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

section 292(C) of the Act, it is considered that these\nbank accounts pertain to the appellant & the transactions shown in these accounts are true &\ncorrect. On considering these transactions as turnover of the appellant, income on these\ntransactions has to be estimated. Apart from these deposits & withdrawals in these accounts,\nthere is no other evidence to decide

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

section 292(C) of the Act, it is considered that these\nbank accounts pertain to the appellant & the transactions shown in these accounts are true &\ncorrect. On considering these transactions as turnover of the appellant, income on these\ntransactions has to be estimated. Apart from these deposits & withdrawals in these accounts,\nthere is no other evidence to decide

THE ITO WARD-1 (2) (1),, RAJKOT vs. SHRI KHRAJMAL LEKHRAJBHAI THAVRANI, RAJKOT

section 292(C) of the Act, it is considered that these\nbank accounts pertain to the appellant & the transactions shown in these accounts are true &\ncorrect. On considering these transactions as turnover of the appellant, income on these\ntransactions has to be estimated. Apart from these deposits & withdrawals in these accounts,\nthere is no other evidence to decide

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)

section 292(C) of the Act, it is considered that these bank accounts pertain to the appellant & the transactions shown in these accounts are true & correct. On considering these transactions as turnover of the appellant, income on these transactions has to be estimated. Apart from these deposits & withdrawals in these accounts, there is no other evidence to decide

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

section 292(C) of the Act, it is considered that these\nbank accounts pertain to the appellant & the transactions shown in these accounts are true &\ncorrect. On considering these transactions as turnover of the appellant, income on these\ntransactions has to be estimated. Apart from these deposits & withdrawals in these accounts,\nthere is no other evidence to decide

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

section 292(C) of the Act, it is considered that these\nbank accounts pertain to the appellant & the transactions shown in these accounts are true &\ncorrect. On considering these transactions as turnover of the appellant, income on these\ntransactions has to be estimated. Apart from these deposits & withdrawals in these accounts,\nthere is no other evidence to decide

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

section 292(C) of the Act, it is considered that these bank accounts pertain to the appellant & the transactions shown in these accounts are true & correct. On considering these transactions as turnover of the appellant, income on these transactions has to be estimated. Apart from these deposits & withdrawals in these accounts, there is no other evidence to decide

THE ITO WARD-1 (2) (1),, RAJKOT vs. SHRI KHRAJMAL LEKHRAJBHAI THAVRANI, RAJKOT

section 292(C) of the Act, it is considered that these\nbank accounts pertain to the appellant & the transactions shown in these accounts are true &\ncorrect. On considering these transactions as turnover of the appellant, income on these\ntransactions has to be estimated. Apart from these deposits & withdrawals in these accounts,\nthere is no other evidence to decide

SHRI BHARATKUMAR ISHWARBHAI BHATIYA,RAJKOT-GUJARAT vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,, RAJKOT-GUJARAT

section 292(C) of the Act, it is considered that these\nbank accounts pertain to the appellant & the transactions shown in these accounts are true &\ncorrect. On considering these transactions as turnover of the appellant, income on these\ntransactions has to be estimated. Apart from these deposits & withdrawals in these accounts,\nthere is no other evidence to decide

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

section 292(C) of the Act, it is considered that these\nbank accounts pertain to the appellant & the transactions shown in these accounts are true &\ncorrect. On considering these transactions as turnover of the appellant, income on these\ntransactions has to be estimated. Apart from these deposits & withdrawals in these accounts,\nthere is no other evidence to decide

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

section 292(C) of the Act, it is considered that these\nbank accounts pertain to the appellant & the transactions shown in these accounts are true &\ncorrect. On considering these transactions as turnover of the appellant, income on these\ntransactions has to be estimated. Apart from these deposits & withdrawals in these accounts,\nthere is no other evidence to decide

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

section 292(C) of the Act, it is considered that these\nbank accounts pertain to the appellant & the transactions shown in these accounts are true &\ncorrect. On considering these transactions as turnover of the appellant, income on these\ntransactions has to be estimated. Apart from these deposits & withdrawals in these accounts,\nthere is no other evidence to decide

SAGAR JEWELLERS,PORBANDAR vs. DCIT, CIRCLE-2(1), JAMNAGAR

In the result, the appeal of the assessee is allowed

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं./Ita No.222/Rjt/2024 ("नधा"रण वष" / Assessment Year: (2019-20) (Hybrid Hearing) Sagar Jewellers Vs. Dcit Zaveri Bazar, Porbandar, Gujarat Circle-2(1), Jamnagar 360575 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Adbfs5410L (Assessee) (Respondent) Assessee By : Shri K. C. Thaker, Ar Respondent By : Shri Sanjay Punglia, Cit.Dr Date Of Hearing : 01/10/2024 Date Of Pronouncement : 01/01/2025 आदेश / O R D E R Per Dr. A. L. Saini, Am: By Way Of This Appeal, The Assessee Has Challenged The Correctness Of The Order Passed By The Learned Principal Commissioner Of Income Tax (In Short ‘The Pcit’), Under Section 263 Of The Income-Tax Act, 1961 (Hereinafter Referred To As ‘The Act’), Dated 21.02.2024, For The Assessment Year (In Short ‘A.Y.’) 2019-20. 2. The Grievances Raised By The Assessee Are As Follows:

Section 68 and 69D of the Act, are deeming provision, where no doubt, the source of investment is to be explained, however, there was no question before the assessing officer about the ‘source’, and rather the assessing officer did not raise this issue about the ‘source’ of investment. 12. We have heard both sides in detail and also perused

CHAKARGADH SEVA SAHAKARI MANDALI LTD.,CHAKARGADH SEVA, DIST. AMRELI vs. THE DCIT(CPC),, BENGALURU

In the result, appeal of the assessee is allowed

Bench: Shri Annapurna Gupta (Accountant Member), Shri Siddhartha Nautiyal (Judicial Member)

183 ITR 1 (SC) was held that "as long as there is no ambiguity in the statutory language resort to any interpretative process to unfold the legislative intent becomes impermissible The supposed intention of the legislation cannot then appealed to whittle down the statutory language which is otherwise unambiguous if the intendiment is not in the words used is nowhere

KUMAR RAMESH SAHU,RAJKOT, GUJARAT vs. ACIT, CIRCLE-2(2), RAJKOT, RAJKOT, GUJARAT

In the result, the appeal of the assessee is partly allowed for statistical purposes

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं./I.T.A. No.336/Rjt/2023 (िनधा"रण वष" / Assessment Year : 2009-10) Kumar Ramesh Sahu बनाम/ The Acit, Sundaram, 72/3, New Cirtcle-2(3) Vs. College Wadi Rajkot – 60 001 150Ft5. Ring Road Opp. Meera Apartment Rajkot – 360 005 (Gujarat) "ायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aesps 5531 C (अपीलाथ" /Appellant) (""थ" / Respondent) .. Assessee By : Shri M.N. Manvar, Ld. Ar Revenue By : Shri Abhimanyu Singh Yadav, Ld. Sr. Dr सुनवाई की तारीख / Date Of Hearing 13/01/2025 घोषणा की तारीख /Date Of Pronouncement 04/04/2025 आदेश / O R D E R Per Dinesh Mohan Sinha:

68 by Ld. AO in the assessment order.” 4.1. Ld. CIT (A) has partly allowed the appeal of the assessee order dated 30.08.2023, according to Ld. CIT (A), the appellant failed to explain the discrepancies pointed out by the Assessing Officer during the course of remand proceedings. Hence, the additions made in respect of unsecured loan/gifts in the cases