SRI KRISHNA NUTRITIONS INDIA PRIVATE LIMITED,KOLKATA vs. ACIT, CENTRAL CIRCLE-2, RANCHI

In the result, appeals of the assessee are allowed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

Section 40(a)(ia) and had disallowed the payments to the three labour sardars. It was the submission that on appeal, the ld. CIT(A) had held that 100% ITA No. 261 to 263/Ran/2023 Sri Krishna Nutritions India P Ltd. Vs ACIT disallowance was not permissible for non-deduction of TDS and had restricted the disallowance to 30

SRI KRISHNA NUTRITIONS INDIA PRIVATE LIMITED,KOLKATA vs. ACIT, CENTRAL CIRCLE-2, RANCHI

In the result, appeals of the assessee are allowed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

Section 40(a)(ia) and had disallowed the payments to the three labour sardars. It was the submission that on appeal, the ld. CIT(A) had held that 100% ITA No. 261 to 263/Ran/2023 Sri Krishna Nutritions India P Ltd. Vs ACIT disallowance was not permissible for non-deduction of TDS and had restricted the disallowance to 30

SRI SAURABH TIWARY,JAMSHEDPUR vs. ACIT CIR-3 , JAMSHEDPUR

Appeal is partly allowed in above terms

Bench: Shri S.S, Godara, Jm & Dr. A.L. Saini, Am Assessment Year:2013-14 बनाम Sauravh Tiwary Acit, Circle-3, Jamshedpur / Banglow No.9999/287, Vijaya V/S. Garden, 5Th Phase, Baridih, Jamshedpur-831017. Pan No.Agfpt6115J अपीलाथ" /Appellant ""यथ" /Respondent ..

TDS) in all a sum of Rs.8,01,634/-, on the ground that the sum in question is not allowable as deduction in view of the provisions of Explanation to Sec.37(1) of the Act. Sec.37(1) of the Act and Explanation thereto reads as follows: “(1) Any expenditure (not being expenditure of the nature described in sections 30

DCIT CIRCLE-1, RANCHI vs. M/S HEC LTD, RANCHI

In the result, all appeals filed by the Revenue are dismissed and all appeals filed by the Assessee are allowed

Bench: Shri S. S. Godara, J.M. & Dr.A.L.Saini, A.M.)

TDS was not deducted the company has added back the entire expenses which is evident from Tax Audit report in Form 3CD (clause 27(a)). The details were available in the schedules to the Audit Report. It is also not correct to say that any and every expense for sales promotion would be of such nature as to require deduction

HEC LTD,FINANCE &ACCOUNTS,RANCHI vs. ACIT,CIR-1, RANCHI

In the result, all appeals filed by the Revenue are dismissed and all appeals filed by the Assessee are allowed

Bench: Shri S. S. Godara, J.M. & Dr.A.L.Saini, A.M.)

TDS was not deducted the company has added back the entire expenses which is evident from Tax Audit report in Form 3CD (clause 27(a)). The details were available in the schedules to the Audit Report. It is also not correct to say that any and every expense for sales promotion would be of such nature as to require deduction

HEC LTD,FINANCE &ACCOUNTS,RANCHI vs. DCIT CIRCLE-1, RANCHI

In the result, all appeals filed by the Revenue are dismissed and all appeals filed by the Assessee are allowed

Bench: Shri S. S. Godara, J.M. & Dr.A.L.Saini, A.M.)

TDS was not deducted the company has added back the entire expenses which is evident from Tax Audit report in Form 3CD (clause 27(a)). The details were available in the schedules to the Audit Report. It is also not correct to say that any and every expense for sales promotion would be of such nature as to require deduction

ITO, TDS WARD, RANCHI vs. M/S AWADHESH SINGH CONSTRUCTIONS PVT. LTD.,, RANCHI

Appeals are dismissed

Bench: Shri J. Sudhakar Reddy, Am & Shri S.S. Godara, Jm

30-09-2020 आदेश /O R D E R Per S. S. Godara: These Revenue’s two appeals for assessment years 2016-17 & 2017-18 arise against the Commissioner of Income-tax (Appeals), Ranchi’s separate orders; both dated 16.09.2019, passed in case No.CIT(A),Ranchi/10240&10263 of 2018-19, respectively involving proceedings u/s 201(1) r.w.s

ITO, TDS WARD, RANCHI vs. M/S AWADHESH SINGH CONSTRUCTIONS PVT. LTD.,, RANCHI

Appeals are dismissed

Bench: Shri J. Sudhakar Reddy, Am & Shri S.S. Godara, Jm

30-09-2020 आदेश /O R D E R Per S. S. Godara: These Revenue’s two appeals for assessment years 2016-17 & 2017-18 arise against the Commissioner of Income-tax (Appeals), Ranchi’s separate orders; both dated 16.09.2019, passed in case No.CIT(A),Ranchi/10240&10263 of 2018-19, respectively involving proceedings u/s 201(1) r.w.s

PADAM KUMAE JAIN,RANCHI vs. CIT, CENTRAL, PATNA

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

Bench: Shri S.S. Godara, Jm & Dr. A.L. Saini, Am आयकरअपीलसं./Ita No.289/Ran/2019 (िनधा"रणवष" / Assessment Year: 2012-13) Padam Kumar Jain Vs. Cit, Central, Cr Building, Beer Chand Patel Marg, Patna – 800001. Ratanlalsurajmal Compound, Main Road, Ranchi – 834001, Jharkhand "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Abrpj 0001 E (Assessee) .. (Revenue)

30) Please furnish the detail evidence of secured loan received. Please furnish the evidence of TDS done on interest paid on same (NBFC). (31) Please furnish details of unsecured loan taken in the format given below, also furnish the copies of confirmation. Sl. Name & complete address of person PAN Amount Date of Balance as No. from whom unsecured loan received

DINESH AGARWAL HUF,PATNA vs. DCIT/ACIT, CIRCLE-1, RANCHI

In the result, the grounds of appeal raised by the assessee are allowed for

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

30% of the above expenses Rs. 35,32,658/- for non deduction of TDS is fit to be deleted since TDS as required was rightly deducted and paid by the assessee. The reasons for non deduction was not looked into by the Ld AG and as such, the addition made U/s 40(a)(ia) is fit to be deleted

DINESH AGARWAL HUF,PATNA vs. ITO, WARD-1(2), RANCHI

In the result, the grounds of appeal raised by the assessee are allowed for

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

30% of the above expenses Rs. 35,32,658/- for non deduction of TDS is fit to be deleted since TDS as required was rightly deducted and paid by the assessee. The reasons for non deduction was not looked into by the Ld AG and as such, the addition made U/s 40(a)(ia) is fit to be deleted

DEVPRABHA CONSTRUCTION PRIVATE LTD.,,DHANBAD vs. PCIT, DHANBAD

In the result, this appeal of the assessee is allowed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay(Virtual Hearing) Devprabha Construction Private Ltd., P.C.I.T., Dev Villa, Behind Radha Swamy Arcade, Dhanbad, Vs. Saraidhela, Dhanbad-828127. Aayakar Bhawan, Luby Pan No. Aaecb 2652 A Circular Road, Dhanbad-826001 (Jharkhand) Appellant/ Assessee Respondent/ Revenue

30 percent when the depreciation at the rate of thirty percent has been allowed as per the Tax Audit Report filed as well as the Assessment, Verification and Review Unit of the Faceless Assessment Centre after examination of details filed and thus, has recorded an unsubstantiated and erroneous observation that depreciation issue was not verified in the course of assessment

ACIT CIR-1 , DHANBAD vs. M/S BHARAT COOKING COAL LTD , DHANBAD

30,11,471/- and Cash at Bank of Rs. 44,55,814/- in\ntheir balance sheet respectively.\nOn analysis of the above-mentioned Cheque in Hand, Cash at Bank and Income tax seizure, it\nclearly shows that abnormal and huge amounts in the Balance Sheet as on 31.03.2012 of aforementioned\npersons have been disclosed. The accumulative value of balance

M/S BHARAT COOKING COAL LTD ,DHANBAD vs. ACIT CIR-1 , DHANBAD

30,11,471/- and Cash at Bank of Rs. 44,55,814/- in\ntheir balance sheet respectively.\nOn analysis of the above-mentioned Cheque in Hand, Cash at Bank and Income tax seizure, it\nclearly shows that abnormal and huge amounts in the Balance Sheet as on 31.03.2012 of aforementioned\npersons have been disclosed. The accumulative value of balance

ACIT CIRCLE-1 , DHANBAD vs. M/S BHARAT COOKING COAL LTD , DHANBAD

30,11,471/- and Cash at Bank of Rs. 44,55,814/- in\ntheir balance sheet respectively.\nOn analysis of the above-mentioned Cheque in Hand, Cash at Bank and Income tax seizure, it\nclearly shows that abnormal and huge amounts in the Balance Sheet as on 31.03.2012 of aforementioned\npersons have been disclosed. The accumulative value of balance

BADRINATH SALES PRIVATE LIMITED,ADITYAPUR, WEST SINGHBHUM vs. DCIT/ACIT CIRCLE 1 JSR, JAMSHEDPUR

In the result, the appeal of the assessee is allowed

30,925, the genuineness\nof which was doubted. Based on the above observations, the Assessing\nOfficer formed a belief that the assessee had not disclosed income fully\nand truly, and accordingly initiated reassessment proceedings under\nsection 147 of the Act. Notice under section 148 of the Act dated\n31.03.2018 was issued. The issue of Service of Notice under Section

ASHOK KUMAR PANDEY,DHANBAD vs. PR. CIT, DHANBAD

In the result, this appeal of assessee is allowed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

Section 263 of the Act on the ground that the Assessing Officer failed to enquire into the expenses claimed by the assessee regarding major expenses claimed in the books to arrive at the correct assessment of the income of the assessee with 3 Ashok Kr. Pandey Vs PCIT regard to (i) real estate business with high closing stock, (ii) enquiries

SHRIRAM MARKETING SERVICES,GIRIDIH vs. PCIT, DHANBAD

In the result, grounds of appeal raised by the assessee are allowed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

Section 263 of the Act dated 26/12/2022, set aside the order of Assessing Officer dated 24/09/2021 on the ground that the Assessing Officer did not make any enquiry or investigation to ascertain the nature, source and genuineness of ₹ 2,68,72,976/- and directed the Assessing Officer to make a fresh assessment on the issues discussed above because