OSWAL AGRICOMM PRIVATE LIMITED,GANDHIDHAM vs. DCIT, CC-1, RAJKOT, RAJKOT

In the result, all these appeals filed by the different assessees, are allowed for statistical purposes

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinha(Hybrids Hearing) आयकरअपीलसं./Ita No.400/Rjt/2023 Assessment Year: (2021-22)

273, Sector-5, Estate, 2nd Floor, M.G.Road, Rajkot - 360001 Gandhidham -- 370201 "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAFHN6432E & आयकरअपीलसं./ITA No.408/RJT/2023 Assessment Year: (2021-22) M/s. Priyanshi Corporation, Dist. Rajkot Vs. The DCIT, Central Circle-1, Rajkot, N.H.No.27, Tal. KotdaSangangani, Shapar(Veraval), Dist. Aaykar Bhavan, Amruta Estate, 2nd Floor, M.G.Road, Rajkot - 360330 Rajkot - 360001 "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AALFP4895K & आयकरअपीलसं./ITA

CHAMPALAL COMPANY,GANDHIDHAM vs. DCIT, CC-1, RAJKOT, RAJKOT

In the result, all these appeals filed by the different assessees, are allowed for\nstatistical purposes

273, Sector-5,\nGandhidham -- 370201\nस्थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAFHN6432E\n&\nआयकर अपीलसं./ITA No.408/RJT/2023\n Assessment Year: (2021-22)\nM/s. Priyanshi Corporation, Dist. Rajkot\nN.H.No.27, Tal.\nShapar(Veraval), Dist.\nRajkot - 360330\nVs.\nKotdaSangangani,\nThe DCIT, Central Circle-1,\nRajkot,\nAaykar Bhavan, Amruta\nEstate, 2nd Floor, M.G.Road,\nRajkot - 360001\nस्थायीलेखासं./जी आइआरसं./PAN/GIR No.: AALFP4895K\n&\nआयकर अपीलसं./ITA

RISHABH STEEL SUPPLIER,GANDHIDHAM vs. DCIT, CC-1, RAJKOT, RAJKOT

In the result, all these appeals filed by the different assessees, are allowed for statistical purposes

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinha(Hybrids Hearing) आयकरअपीलसं./Ita No.400/Rjt/2023 Assessment Year: (2021-22)

273, Sector-5, Estate, 2nd Floor, M.G.Road, Rajkot - 360001 Gandhidham -- 370201 "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAFHN6432E & आयकरअपीलसं./ITA No.408/RJT/2023 Assessment Year: (2021-22) M/s. Priyanshi Corporation, Dist. Rajkot Vs. The DCIT, Central Circle-1, Rajkot, N.H.No.27, Tal. KotdaSangangani, Shapar(Veraval), Dist. Aaykar Bhavan, Amruta Estate, 2nd Floor, M.G.Road, Rajkot - 360330 Rajkot - 360001 "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AALFP4895K & आयकरअपीलसं./ITA

SHRI RAMJI HAMIR VIRDA,GANDHIDHAM vs. THE DCIT, CENTRAL CIRCLE-1, RAJKOT

In the result, all these appeals filed by the different assessees, are allowed for statistical purposes

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinha(Hybrids Hearing) आयकरअपीलसं./Ita No.400/Rjt/2023 Assessment Year: (2021-22)

273, Sector-5, Estate, 2nd Floor, M.G.Road, Rajkot - 360001 Gandhidham -- 370201 "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAFHN6432E & आयकरअपीलसं./ITA No.408/RJT/2023 Assessment Year: (2021-22) M/s. Priyanshi Corporation, Dist. Rajkot Vs. The DCIT, Central Circle-1, Rajkot, N.H.No.27, Tal. KotdaSangangani, Shapar(Veraval), Dist. Aaykar Bhavan, Amruta Estate, 2nd Floor, M.G.Road, Rajkot - 360330 Rajkot - 360001 "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AALFP4895K & आयकरअपीलसं./ITA

MAHAVIR IMPEX,GANDHIDHAM vs. DCIT, CC-1, RAJKOT, RAJKOT

In the result, all these appeals filed by the different assessees, are allowed for statistical purposes

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinha(Hybrids Hearing) आयकरअपीलसं./Ita No.400/Rjt/2023 Assessment Year: (2021-22)

273, Sector-5, Estate, 2nd Floor, M.G.Road, Rajkot - 360001 Gandhidham -- 370201 "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAFHN6432E & आयकरअपीलसं./ITA No.408/RJT/2023 Assessment Year: (2021-22) M/s. Priyanshi Corporation, Dist. Rajkot Vs. The DCIT, Central Circle-1, Rajkot, N.H.No.27, Tal. KotdaSangangani, Shapar(Veraval), Dist. Aaykar Bhavan, Amruta Estate, 2nd Floor, M.G.Road, Rajkot - 360330 Rajkot - 360001 "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AALFP4895K & आयकरअपीलसं./ITA

OSWAL PETROCHEM,GANDHIDHAM vs. DCIT, CC-1, RAJKOT, RAJKOT

In the result, all these appeals filed by the different assessees, are allowed for\nstatistical purposes

273, Sector-5,\nGandhidham -- 370201\nस्थायीलेखासं./जीआइआरसं./PAN/GIR No.: AAFHN6432E\n&\nआयकर अपीलसं./ITA No.408/RJT/2023\n Assessment Year: (2021-22)\nM/s. Priyanshi Corporation, Dist. Rajkot Vs.\nN.H.No.27, Tal.\nShapar(Veraval), Dist.\nRajkot - 360330\nKotdaSangangani,\nThe DCIT, Central Circle-1,\nRajkot,\nAaykar Bhavan, Amruta\nEstate, 2nd Floor, M.G.Road,\nRajkot - 360001\nस्थायीलेखासं./जी आइआरसं./PAN/GIR No.: AALFP4895K\n&\nआयकर अपीलसं./ITA

OM LAMCOAT PVT LTD,MORBI vs. ACIT, CENTRAL CIRCLE-1, RAJKOT, RAJKOT

In the result, both appeals filed by the assessee (in ITA Nos

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकरअपीलसं/.Ita No. 286 & 287/Rjt/2022 िनधा"रणवष" / Assessment Year: (2016-17 & 2019-20) (Hybrid Hearing) बनाम M/S. Om Lamcoat Pvt. Ltd. The Acit, 8-A, Kandla National Highway, Vs. Central Circle -1, Opp. Dadashri Nagar, At. Morbi – Aayakar Bhavan, Amruta 363642 Estate, M. G. Road, Rajkot – 360001 "थायीलेखासं/.जीआइआरसं/.Pan No. : Aabco8163G (अपीलाथ"/Assessee) .. (""यथ"/Respondent) "नधा"रती क" ओर से/Assessee By : Shri Mehul Ranpura, Ld. Ar राज"व क" ओर से/Revenue By : Shri Abhimanyu Singh Yadav, Ld. Sr. (Dr) सुनवाई क" तार"ख/Date Of Hearing : 16/06/2025 घोषणा क" तार"ख/Date Of Pronouncement : 11/09/2025

273 (SC). In this regard it is to state that the hon'ble Supreme Court in the landmark judgment of Apollo Tyres Ltd Vs. CIT has held that the AO while computing the income under section 115J has only the power of examining whether the books of account are certified by the authorities under the Companies Act as having

OM LAMCOAT PVT LTD,MORBI vs. THE ACIT, CENTRA CIRCLE-1, RAJKOT, RAJKOT

In the result, both appeals filed by the assessee (in ITA Nos

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकरअपीलसं/.Ita No. 286 & 287/Rjt/2022 िनधा"रणवष" / Assessment Year: (2016-17 & 2019-20) (Hybrid Hearing) बनाम M/S. Om Lamcoat Pvt. Ltd. The Acit, 8-A, Kandla National Highway, Vs. Central Circle -1, Opp. Dadashri Nagar, At. Morbi – Aayakar Bhavan, Amruta 363642 Estate, M. G. Road, Rajkot – 360001 "थायीलेखासं/.जीआइआरसं/.Pan No. : Aabco8163G (अपीलाथ"/Assessee) .. (""यथ"/Respondent) "नधा"रती क" ओर से/Assessee By : Shri Mehul Ranpura, Ld. Ar राज"व क" ओर से/Revenue By : Shri Abhimanyu Singh Yadav, Ld. Sr. (Dr) सुनवाई क" तार"ख/Date Of Hearing : 16/06/2025 घोषणा क" तार"ख/Date Of Pronouncement : 11/09/2025

273 (SC). In this regard it is to state that the hon'ble Supreme Court in the landmark judgment of Apollo Tyres Ltd Vs. CIT has held that the AO while computing the income under section 115J has only the power of examining whether the books of account are certified by the authorities under the Companies Act as having

SHRI SHAMJIBHAI SADHABHAI KANGAD,GANDHIDHAM-KUTCH vs. THE DCIT CENTRAL CIRCLE-1 , RAJKOT

273\n2011-12 Vijay Nagda\nAnnx. A-18\nPage No. 46\n2,98,640 Unaccounted cash payment made\nfor property situated at Khetar at\nAnjar\n2012-13 Tally file\n15,00,000 Unaccounted contribution of the\nappellant for the benefit of\nNeelkanth Group entities.\n2012-13 Tally file\n2013-14 Vijay Nagda\nAnnx. A-17\nPage

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

In the results the appeal of the revenue is dismissed

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

section 43(5). It is immaterial whether transaction is carried out at the recognized stock exchange or not. Even the circular of CBDT cited in the assessment order states that once it is established that the assessee has entered in the transaction of the commodity that they deal the other technical details have no material impact. Hence, this reasoning

YAGNIK ROAD HIGHSTREET LLP,RAJKOT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL -1,, RAJKOT

Appeal of the revenue is dismissed:\n(i)Ground no

273 (Banglore-Trib),\nit was held that when an addition is made on account of unaccounted income, then the\nbenefit of telescoping of the said amount should be given against addition of\nunexplained investment.\n11. Another point for consideration is whether tangible additions pertaining to earlier\nyears and current year have the same concrete existence to be telescoped against other

DCIT, CENTRAL CIRCLE 1, RAJKOT, RAJKOT vs. YAGNIK ROAD HIGHSTREET LLP, RAJKOT

Appeal of the revenue is dismissed:\n(i)Ground no

273 (Banglore-Trib),\nit was held that when an addition is made on account of unaccounted income, then\nthe benefit of telescoping of the said amount should given against addition of\nunexplained investment.\n11. Another point for consideration is whether tangibleto additions pertaining to earlier\nyears and current year have the same concrete existence to be telescoping against other\nresulting

YAGNIK ROAD HIGHSTREET LLP,RAJKOT vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL -1,, RAJKOT

Appeal of the revenue is dismissed:\n(i)Ground no

273 (Banglore-Trib),\nit was held that when an addition is made on account of unaccounted income, then\nthe benefit of telescoping of the said amount should given against addition of\nunexplained investment.\n11. Another point for consideration is whether tangible additions pertaining to earlier\nyears and current year have the same concrete existence to be telescoped against other\naddition