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2 results for “transfer pricing”+ Section 16A(6)clear

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Key Topics

Section 2636Section 50C3Section 143(3)3

KARANBHAI BHARATBHAI GANGDEV,,RAJKOT-GUJARAT vs. THE INCOME TAX OFFICER, WARD-5(2),, RAJKOT-GUJARAT

In the result, Assessee’s appeal is allowed

ITA 139/RJT/2014[2008-09]Status: DisposedITAT Rajkot25 Oct 2019AY 2008-09

Bench: Shri Waseem Ahmed & Ms. Madhumita Roy

For Appellant: Shri Kalpesh DoshiFor Respondent: Shri Pravenn S. Verma, Sr.DR
Section 50C

price declared by the assessee in the return of income. Karanbhai Bharatbhai Gangdev vs. ITO Asst.Year – 2008-09 3. Briefly stated facts are that the assessee in the present case is an individual and engaged in the activity of job work of Marble cutting and Kota Stone. The assessee in the year under consideration claimed to have sold its factory

SAURASHTRA GRAMIN BANK MANAGER (F & A), RAJKOT,RAJKOT vs. THE PR. COMMISSIONER OF INCOME TAX-I,, RAJKOT

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

ITA 37/RJT/2022[2017-18]Status: Disposed
ITAT Rajkot
30 Sept 2025
AY 2017-18

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं./Ita No. 37/Rjt/2022 (Assessment Year: 2017-18) (Hybrid Hearing) Saurashtra Gramin Bank Vs. The Pr. Cit-1, Manager (F & A), Rajkot 1St Floor Wing 2, Lic Jeevan Prakash Building, Tagore Road, Rajkot-360001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aahas2116H (अपीलाथ"/Appellant) (""यथ"/Respondent)

For Appellant: Ms. A.D. Vyas, ARFor Respondent: Shri Sanjay Punglia, CIT-DR
Section 143(3)Section 14ASection 263Section 36(1)(viii)Section 37(1)

16A (Schedule 5) ITA No. 37/Rjt/2022 A.Y. 2017-18 Saurashtra Gramin Bank Manager v. PCIT 31-03-2017 Provision made Rs. 20.78 crore Rs.20.78 crore 31-03-2018 Written back and offered to tax Rs. 6.97 Rs.13.81 crore crore 31-03-2019 Written back and offered to tax of Rs. 1.19 crore Rs. 12.62 crore 31-03-2020 Written back