SHRI CHANDUBHAI RAMJIBHAI KAQTHIRIYA,JASDAN, DIST. RAJKOT-364490 vs. THE CIT(A), NFAC, DELHI, DELHI

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

Bench: Us Is That The Ld. Cit(A) Erred In Upholding Addition Of Rs. 14,32,782/- Being 50 Percent Of Agricultural Income Treating As Unexplained Cash Credit U/S. 68 Of The Income Tax Act In The Absence Of Books Of Accounts.

92,400/- and gross total income of Rs. 663/- and Rs. 123 for the relevant Assessment Years 2015-16 & 2016-17 respectively. Thus the agricultural income held by the assessee are cannot be doubted. However the Assessing Officer not satisfied with the evidences filed by the assessee treated 50% of the agricultural income are unexplained and invoked Section 68

M/S. SARJU VITRIFIED PVT. LTD.,MORBI-363641 vs. THE PR. CIT-1, RAJKOT, RAJKOT

In the result, the appeal of the assessee is allowed

Section 68 as applicable to the year under appeal, the\nassessee was not required to prove the source of the source in respect of unsecured\nloans.\n4.The learned Pr. CIT has erred in law as well as on facts in setting aside the\nassessment order passed by the ld. A.O. u/s. 143(3) and directing de-novo assessment\nregarding

GRENIC TILES PRIVATE LIMITED,WANKANER-MORBI vs. ASST.COMMISSIONER OF INCOME-TAX CIRCLE 1(1) RKT, RAJKOT

The appeal of the assessee is allowed, whereas\nappeal of the revenue is dismissed

section 68 of the Act.\nReliance is further placed on the decision of the ITAT, Mumbai Bench in\nthe case of ITO vs. Surana Traders, (2005)93 TTJ 875: (2005)92

ACIT CIRCLE-1(1), RAJKOT, RAJKOT vs. GRENIC TILES PVT LTD, MORBI

The appeal of the assessee is allowed, whereas\nappeal of the revenue is dismissed

section 68 of the Act.\nReliance is further placed on the decision of the ITAT, Mumbai Bench in\nthe case of ITO vs. Surana Traders, (2005)93 TTJ 875: (2005)92

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

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

section 68 of the Act. 12. The assessee in the year under consideration has issued 92,500 shares at Rs. 200 per share

THE DY. COMMR. OF INCOME TAX, CIR.-2,, JAMNAGAR vs. SHRI RASIKLAL KHIMJI MODI,, PORBANDAR

In the result, the aforesaid issues are to restored to the file of Ld

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

92,313/-, 15% of the expenses and travelling expenses at Rs. 38,463/- are confirmed to be added to the total income considering for personal in nature. All other expenses are comparable with expenses of A.Y. 2007-08 in which assessment order u/s 143(3) of the I. T. Act. 1961, hence, out of that no disallowance is called

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

68,19,216/-\n59,92,44,837/-\nIII\nBharat I Bhatia\n2009-10\n3,29,38,258/-\n98,81,477/-\n2,30,56,781/-\nIV\nBharat I Bhatia\n2010-11\n7,81,70,284/-\n2,34,51,085/-\n5,47,19,199/-\nV\nBharat I. Bhatia\n2011

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

68,19,216/-\n59,92,44,837/-\nIII\nBharat I Bhatia\n2009-10\n3,29,38,258/-\n98,81,477/-\n2,30,56,781/-\nIV\nBharat I Bhatia\n2010-11\n7,81,70,284/-\n2,34,51,085/-\n5,47,19,199/-\nV\nBharat I. Bhatia\n2011

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

68,19,216/- 59,92,44,837/-\nIII\nBharat I Bhatia\n2009-10\n3,29,38,258/- 98,81,477/- 2,30,56,781/-\nIV\nBharat I Bhatia\n2010-11\n7,81,70,284/- 2,34,51,085/- 5,47,19,199/-\nV\nBharat I. Bhatia\n2011

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)

68,19,216/- 59,92,44,837/- III Bharat I Bhatia 2009-10 3,29,38,258/- 98,81,477/- 2,30,56,781/- IV Bharat I Bhatia 2010-11 7,81,70,284/- 2,34,51,085/- 5,47,19,199/- V Bharat I. Bhatia

THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, RAJKOT vs. SHRI PANKAJ CHIMANLAL LODHIYA, RAJKOT

Appeals are dismissed, Assessee's appeals are partly allowed

92 and 93/Rjt/2018, for assessment year 2008-\n09 and 2009-10, wherein addition made on account of income earned out of\ncredit entries in undisclosed foreign Bank account, has been discussed by the\nTribunal and adjudicated the issue in favour of assessee. Learned Counsel for\nthe assessee submitted that the present issue in appeal is squarely covered by the\naforesaid

THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, RAJKOT vs. SHRI PANKAJ CHIMANLAL LODHIYA, RAJKOT

92 and 93/Rjt/2018, for assessment year 2008-\n09 and 2009–10, wherein addition made on account of income earned out of\ncredit entries in undisclosed foreign Bank account, has been discussed by the\nTribunal and adjudicated the issue in favour of assessee. Learned Counsel for\nthe assessee submitted that the present issue in appeal is squarely covered by the\naforesaid

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

68,19,216/\n59,92,44,837/-\nIII\nBharat I Bhatia\n2009-10\n3,29,38,258/\n98,81,477/\n2,30,56,781/\nIV\nBharat I Bhatia\n2010-11\n7,81,70,284/\n2,34,51,085/\n5,47,19,199/\nV\nBharat I. Bhatia\n2011

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

68,19,216/-\n59,92,44,837/-\nIII\nBharat I Bhatia\n2009-10\n3,29,38,258/-\n98,81,477/-\n2,30,56,781/-\nIV\nBharat I Bhatia\n2010-11\n7,81,70,284/-\n2,34,51,085/-\n5,47,19,199/-\nV\nBharat I. Bhatia\n2011

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

68,19,216/-\n59,92,44,837/-\nIII\nBharat I Bhatia\n2009-10\n3,29,38,258/-\n98,81,477/-\n2,30,56,781/-\nIV\nBharat I Bhatia\n2010-11\n7,81,70,284/-\n2,34,51,085/-\n5,47,19,199/-\nV\nBharat I. Bhatia\n2011

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

68,19,216/-\n59,92,44,837/-\nIII\nBharat I Bhatia\n2009-10\n3,29,38,258/-\n98,81,477/-\n2,30,56,781/-\nIV\nBharat I Bhatia\n2010-11\n7,81,70,284/-\n2,34,51,085/-\n5,47,19,199/-\nV\nBharat I. Bhatia\n2011

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

68,19,216/-\n59,92,44,837/-\nIII\nBharat I Bhatia\n2009-10\n3,29,38,258/-\n98,81,477/-\n2,30,56,781/-\nIV\nBharat I Bhatia\n2010-11\n7,81,70,284/-\n2,34,51,085/-\n5,47,19,199/-\nV\nBharat I. Bhatia\n2011

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

68,19,216/-\n59,92,44,837/-\nIII\nBharat I Bhatia\n2009-10\n3,29,38,258/-\n98,81,477/-\n2,30,56,781/-\nIV\nBharat I Bhatia\n2010-11\n7,81,70,284/-\n2,34,51,085/-\n5,47,19,199/-\nV\nBharat I. Bhatia\n2011