THE DY. COMMR. OF INCOME TAX, CIRCLE-1(1),, RAJKOT-GUJARAT vs. M/S. RADHE RENEWABLE ENERGY DEVELOPEMENT PVT. LTD.,, RAJKOT-GUJARAT

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

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

section 68 of the Act by the Hon’ble Calcutta High Court in the case of CIT Vs. Precision finance (p) Ltd reported in 208

M/S RADHE RENEWABLE ENERGY DEVELOPMENT PVT. LTD.,,RAJKOT-GUJARAT vs. THE ASSTT. COMMR. INCOME TAX, CIRCLE-5,, RAJKOT-GUJARAT

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

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

section 68 of the Act by the Hon’ble Calcutta High Court in the case of CIT Vs. Precision finance (p) Ltd reported in 208

THE DEPUTY COMMR. INCOME TAX, CIRCLE-1(2),, RAJKOT vs. M/S RADHE RENEWABLE ENERGY DEVELOPMENT PVT. LTD.,, RAJKOT

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

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

section 68 of the Act by the Hon’ble Calcutta High Court in the case of CIT Vs. Precision finance (p) Ltd reported in 208

SMT. RASHMI SANJEEV BANGAD,GAMDHIDHAM vs. THE ITO-WARD-1, GANDHIDHAM

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

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal

Section 68 of the Act by the Hon’ble Calcutta High Court in the case of CIT Vs. Precision Finance (P) Ltd. reported in 208

THE ASSTT. COMMR. OF INCOME TAX, MORBI CIRCLE,, MORBI vs. M/S VIKAS SANITARYWARES,, MORBI

In the result appeal of the Revenue is dismissed

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyalआयकर अपील सं./Ita No. 396/Rjt/2016 िनधा"रण वष"/Asstt. Years: 2013-2014

section 68 of the Act by the Hon’ble Calcutta High Court in the case of CIT Vs. Precision finance (p) Ltd reported in 208

THE DY. COMMR. OF INCOME TAX, CIR.-2,, RAJKOT-GUJARAT vs. SHRI HARESHKUMAR MANILAL SOMAIYA,, JAMNAGAR

In the result, the appeal of the Revenue is hereby dismissed

Bench: Ms. Suchitra Kamble & Shri Waseem Ahmed, आयकर अपील सं./Ita No. 191/Rjt/2017 िनधा"रण वष"/Asstt. Years: 2012-2013 D.C.I.T., Shri Hareshkumar Manilal Somaiya, Circle-2, Vs. Prop Of Rohit Trading Co., Jamnagar. 3-B, Milap Chamber, Grain Market, Jamnagar.

Section 68 of the Act by the Hon’ble Calcutta High Court in the case of CIT Vs. Precision Finance (P) Ltd. reported in 208

DY. COMMR. OF INCOME TAX, MORBI CIRCLE,, MORBI vs. M/S QUTONE CERAMIC P. LTD., MORBI

In the result, appeal of the Revenue is dismissed

Bench: Ms. Suchitra Kamble & Shri Waseem Ahmedassessment Year: 2013-14

208 ITR 465 (Calcutta High Court) and ACIT vs. Nakoda Fashion Pvt. Ltd. in ITA No.1716/Ahd/2012. Assessment Year: 2013-14 Page 2 of 4 4. On the facts and circumstances of the case and in law, the Ld. CIT(A) has erred in deleting the addition made on account of disallowance of Rs.16,25,998/- u/s.14A r.w. Rule 8D without

SHRI HASMUKH KESHAVLAL KESARIA-HUF,RAJKOT-GUJARAT vs. THE INCOME TAX OFFICER, WD-2(1),, RAJKOT-GUJARAT

In the result, the appeal of the assessee stands allowed

Bench: C .M. Garg & O. P. Meena

68 are satisfied hence, the appellant has concealed the income by furnished inaccurate particulars of income. 4. Being, aggrieved the assessee filed this appeal before the Tribunal. The learned counsel for the assessee vide his written submissions submitted that the AO has initiated penalty for furnishing of inaccurate particulars of income as per para 8 of assessment order

SHRI TUSHARBHAI MANSHUKHBHAI DESAI,,RAJKOT vs. THE ITO-WARD 1(1)(5),, RAJKOT

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

section 68 of the Act. 6.1 In view of the above rulings as applied to the assessee’s set of facts, the assessee has submitted that all deposits are not fresh deposits and he has I.T.A No. 391/Rjt/2018 A.Y. 2010-11 Page 5 Shri Tusharbhai Manshukhlal Desai vs. ITO also withdrawn cash from the bank account on regular basis

THE INCOME TAX OFFICER, WARD-2,, MORBI vs. M/S FAIZ INDS.,, WANKANER

In the result, the appeal of the Revenue is dismissed

Bench: Smt.Annapurna Gupta & Shri T.R. Senthil Kumarassessment Year : 2013-14 Ito, Ward-2 Vs. M/S.Faiz Industries Morbi. B-1, National Highway Lalpar, Tal. Wankaner अपीलाथ"/ (Appellant) "" यथ"/(Respondent) Assessee By : Shri D.M. Rindani, Ld.Ar Revenue By : Shri Shramdeep Sinha, Ld.Cit-Dr सुनवाई क" तार"ख/Date Of Hearing : 16/10/2023 घोषणा क" तार"ख /Date Of Pronouncement: 31/10/2023 आदेश/O R D E R Per Annapurna Guptapresent Appeal Has Been Filed By The Revenue Against Order Passed By The Ld.Commissioner Of Income Tax(Appeals)-3, Rajkot [Hereinafter Referred To As “Ld.Cit(A)Under Section 250(6) Of The Income Tax Act, 1961 ("The Act" For Short) Dated 31.1.2017 Pertaining To The Asst.Year 2013-14. 2. Solitary Ground Raised In The Appeal Reads As Under:

section 145 of the Act and valuing closing stock and inventories as prescribed under the Act and no error or defects has been pointed out by the lower authorities in this behalf. Thus, the assessee contended that the proposed addition was unjustified. However, the ld.AO did not accept the explanation of the assessee. He maintained his view of deliberate

MANOJBHAI ARVINDBHAI PAREKH,RAJKOT vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 2(1), RAJKOT, RAJKOT

In the result, appeal filed by the assessee, is partly allowed in above terms

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं./Ita No. 385 /Rjt/2023 ("नधा"रण वष"/Assessment Year: (2017-18) Manojbhai Arvindbhai Parekh The Acit Of I. T. Circle – 2(1), Shreeji Giriraj Trading, 19-Giriraj Vs. Rajkot – 360001 Chamber, Old Gadhiwas Soni Bazar, Rajkot – 360001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Acypp1471C (अपीलाथ"/Assessee) (""यथ"/Respondent)

68 of the Act, read with the provisions of section 115BBE of the Act. 7. Feeling aggrieved by the order of the Assessing Officer, the assessee carried the matter in appeal, before the Ld. CIT(A), who has confirmed the action of the assessing officer. The ld CIT(A) observed that assessee has failed to prove the genuineness

ANUP A. SHAH,,RAJKOT-GUJARAT vs. THE ASSTT. COMMR. OF INCOME TAX, CIRCLE-2,, RAJKOT-GUJARAT

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

Bench: Shri Waseem Ahmed & Ms Madhumita Royआयकर अपील सं./Ita No. 106/Rjt/2017 िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष"/Asstt. Years: 2005-2006 वष"

68 has also held that where the assessment of the assessee was completed on estimated basis penalty under section 271(1)(c) of the Act was not imposable with respect to the additions made on such estimate by the Assessing Officer. Thus in view of the above discussion we are of the opinion that no penalty under section

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

208/-) in income tax return (ITR). In support of this, the assessee has submitted before the assessing officer the copy of computation of income for assessment year (Α.Υ.) 2020-21. On these facts, no adverse inference was drawn by the assessing officer. The Company has made certain donations, which are deductible u/s 80G, which are claimed as deduction while

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

208/-) in income tax return (ITR). In support of this, the assessee\nhas submitted before the assessing officer the copy of computation of income\nfor assessment year (A.Y.) 2020-21. On these facts, no adverse inference was\ndrawn by the assessing officer. The Company has made certain donations,\nwhich are deductible u/s 80G, which are claimed as deduction while filing

M/S SAFARI FINE CLOTHING PVT. LTD.,,GANDHIDHAM. vs. ASSTT. COMMR. OF INCOME TAX, GANDHIDHAM CIRCLE, GANDHIDHAM., GANDHIDHAM

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedिनधा"रण िनधा"रण वष" वष" M/S. Safari Fine Clothing Pvt. Acit, Ltd., Vs. Gandhidham Circle Shed No.280/281, A Type, Gandhidham. Sector No.3, Ka Sez, Gandhinagar- Kutch वष" Ito, M/S. Safari Fine Clothing Pvt. Ward-2, Vs. Ltd., Gandhidham "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aajcs 0565 Q अपीलाथ" अपीलाथ"/ (Appellant) अपीलाथ" अपीलाथ" (""यथ" / Respondent) Assessee By : Shri Chetan L. Agarwal, Ar. Revenue By : S Shri Praveen Verma, Sr. D.R. सुनवाई क" तारीख / Date Of Hearing : 01/08/2018 घोषणा क" तारीख / Date Of Pronouncement : 03/10/2018

68 and disallowance of Rs.43,764 being interest paid on impugned loan. 3. Ld. CIT(A) had erred in law as well as on fact in confirming addition of Rs. 6,48,772/- being made u/s. 41(1) of the Act.” 3. The first issue raised by the assessee is that Ld CIT(A) erred in confirming the disallowance