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5 results for “section 68”+ Section 23(1)(va)clear

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Key Topics

Section 40A(3)7Addition to Income5Section 143(2)4Disallowance4TDS3Section 43B2Section 682Section 372Deduction2

THE ACIT, CIRCLE-2,, JAMNAGAR vs. M/S HIRAVATI MARINE PRODUCTS (P) LTD.,, PORBANDAR

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

ITA 947/RJT/2010[2007-08]Status: DisposedITAT Rajkot05 Mar 2019AY 2007-08

Bench: Shri Mahavir Prasad & Shri Waseem Ahmed"नधा"रण वष"/Asstt. Year:2007-2008 Addl. Commissioner Of Hiravati Marine Products Pvt. Income Tax, Vs Ltd. Range-2, Porbandar, Jamnagar. Pan No: Aabch2110C "नधा"रण वष"/Asstt. Year:2008-2009

For Appellant: Shri Ankit Gokani, A.RFor Respondent: Shri Praveen Verma, Sr.D.R
Section 37

23 iii. The nature of business of the assessee which is mainly based on cash purchases especially from the fishermen and without involving any middleman. iv. The downfall in the business due to the cyclone and the earthquake. v. The banking facility of the assessee has become NPA. vi. The death of the main person who was looking after

HIRAVATI MARINE PRODUCTS PVT. LTD.,,PORBANDAR vs. THE ADDITIONAL COMMISSIONER OF INCOME TAX, RANGE-2,, JAMNAGAR

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

ITA 306/RJT/2013[2008-09]Status: DisposedITAT Rajkot05 Mar 2019AY 2008-09

Bench: Shri Mahavir Prasad & Shri Waseem Ahmed"नधा"रण वष"/Asstt. Year:2007-2008 Addl. Commissioner Of Hiravati Marine Products Pvt. Income Tax, Vs Ltd. Range-2, Porbandar, Jamnagar. Pan No: Aabch2110C "नधा"रण वष"/Asstt. Year:2008-2009

For Appellant: Shri Ankit Gokani, A.RFor Respondent: Shri Praveen Verma, Sr.D.R
Section 37

23 iii. The nature of business of the assessee which is mainly based on cash purchases especially from the fishermen and without involving any middleman. iv. The downfall in the business due to the cyclone and the earthquake. v. The banking facility of the assessee has become NPA. vi. The death of the main person who was looking after

THE ACIT, CIRCLE-1,, JAMNAGAR vs. M/S. SENOR METALS PVT. LTD., JAMNAGAR

In the results the appeal of the revenue is dismissed

ITA 260/RJT/2015[2011-12]Status: DisposedITAT Rajkot01 Feb 2022AY 2011-12

Bench: Shri Waseem Ahmed & Ms Suchitra Raghunath Kambleआयकर अपील सं./Ita No. 260/Rjt/2015 िनधा"रण वष"/Asstt. Year:2011-12

For Appellant: Shri Dushyant Maharshi, A.RFor Respondent: Shri Ajay Pratap Singh, C.I.T.D.R
Section 36Section 40Section 43(5)

va). 7. On the basis of the facts and circumstances of the case, the learned CIT(A) ought to have upheld the order of the Assessing Officer. 8. That the revenue craves leaves to add, amend, alter or withdraw any ground of appeal. 9. It is therefore prayed that the order of the CIT(A), Jamnagar may kindly

THE INCOME TAX OFFICER, WARD-3(1), JAMNAGAR vs. M/S. PARAS BUILDCON P. LTD., JAMNAGAR

ITA 315/RJT/2017[2012-13]Status: DisposedITAT Rajkot13 Sept 2023AY 2012-13

Bench: Shri Waseem Ahmed & Shri T.R Senthil Kumar

For Appellant: Shri Mehul Ranpura, A.RFor Respondent: Shri B.D. Gupta, Sr. D.R
Section 40A(3)Section 68

23 2,58,980 Rajesh ITA nos.315-317/Rjt/2017 Asstt. Year 2012-13 3 Steel Nanda 07.04.2011 96,20 26.75 2,57,335 Rajesh Steel Nanda 15.04.2011 12,630 28 3,53,640 Rajesh Steel Nanda 05.05.2011 6,440 27 1,73,880 Rajesh Steel Nanda 10.05.2011 6,440 31.5 2,02,860 Rajesh Steel Brahmi 18.05.2011 1

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

In the result, the appeal of the assessee is

ITA 929/RJT/2024[2017-18]Status: DisposedITAT Rajkot27 Oct 2025AY 2017-18
Section 115BSection 142(1)Section 143Section 143(2)Section 2(24)(x)Section 234ASection 274Section 43BSection 68

va) of the LT. Act, 1961. (3). That, the Ld. CIT(A) has wrongly confirmed the disallowance of interest on delayed payment of TDS amounting to Rs. 57,298/-. (4). That, the Ld. CIT(A) has wrongly confirmed the addition amounting to Rs. 25,35,850/- on account of difference in receipts as per books of accounts and form 26AS