OM PRAAKSH SINGH,RANCHI vs. DCIT, CIRCLE-1, RANCHI

In the result, appeal filed by the assessee is allowed

Bench: Shri S.S, Godara, Jm & Dr. A.L. Saini, Am Om Prakash Singh Vs. Dcit, Circle-1, Ranchi Sankalp, East Jail Road, Ranchi- 834001. "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Agkps0300D (अपीलाथ" /Appellant) .. (""थ" / Respondent)

34,825/-. 2. Assessing officer has added retention money/security deposit, kid etc., deducted from bill on the ground of assessee followed wrong accounting policy, without considering the reason behind adoption of accounting policy and right to receive payments of the retention money/Security deposit etc. depend on satisfaction of the contractee as per terms of contract and completion of contract. Rs.8

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

In the result, the appeal of the assessee is allowed

TDS ledger in this regard is enclosed at page 34 of this paper\nbook for your kind reference.”\n5.\nOn the other hand, Ld. DR supported the order of the Authority\nbelow\n6.\nWe, after hearing the rival submission of the party and pursuing\nthe material available on record in the present case of the assessee it is\nevident that

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

34,242/-\nii) Balance Sheet of L B Singh and K N Singh: Rs. 2,29,65,337/-\nTotal value: Rs. 7,75,99,579/-\nShort fall after reconciliation due to non-availability of records in case of Bharat Singh: - Rs. 15,46,00,421\n(23,22,00,000-7,75,99,579).\nProfit & Loss a/c and Balance Sheet

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)

34,97,400/-. Thereafter, the original assessment order u/s 153A/143(3) was completed by the Assessing Officer on 28.12.2016. 3. Later on, ld Commissioner of Income Tax (Central) Patna, exercised his revisionary jurisdiction under section 263 of the Income Tax Act(hereinafter referred to as “first 263 order”) on the premise that admitted undisclosed income of Rs.95,50,500/-, over

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

34)\n32\n(33)\n(35\n(36)\n39\nGOVERNMENT OF INDIA\nDIRECTOR GENERAL OF INCOME TAX (INV.)\nCENTRAL REVENUE BUILDING (3RD FLOOR)\nBIR CHAND PATEL MARG, PATNA-800 001\n*************************\nF. No. DGIT(Inv.)/Pat/S1-96/L.B.S./2013-14/\n**********\nJanuary 9th 2014\nTo\nThe Chief Commissioner of Income Tax-I\nPatna.\nSub: Illegal payments by M/s BCCL, Dhanbad, to contractors

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

34,242/-\nii) Balance Sheet of L B Singh and K N Singh: Rs. 2,29,65,337/-.\nTotal value: Rs. 7,75,99,579/-.\nShort fall after reconciliation due to non-availability of records in case of Bharat Singh: - Rs. 15,46,00,421\n(23,22,00,000-7,75,99,579).\nProfit & Loss a/c and Balance Sheet

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, RANCHI, RANCHI vs. SHRI VIJAY PRASAD, JAMSHEDPUR

In the result, the appeal of the revenue as well as cross-objection filed by the assessee is dismissed

Bench: Dr Manish Borad, Hon’Ble & Shri Sonjoy Sarma, Hon’Bleassessment Year: 2012-13 Acit, Central Circle-1, Ranchi Shri Vijay Prasad Flat No. 202, Madhusudan Sir Vs Krishanapuri, Dimna Road Mango, Jamshedpur-831012. Pan: Ailpp 0228 L (Appellant) (Respondent) C.O. No.19/Ran/2021 (Arising Out Of Ita No. 35/Ran/2021) Assessment Year: 2012-13 Shri Vijay Prasad Acit, Central Circle-1, Ranchi Flat No. 202, Madhusudan Sir Vs Krishanapuri, Dimna Road Mango, Jamshedpur-831012. Pan: Ailpp 0228 L (Appellant) (Respondent) Present For: Assessee By : None Revenue By : Shri Pranob Kumar Koley, Sr. Dr Date Of Hearing : 29.11.2023 Date Of Pronouncement : 11.12.2023 O R D E R Per Sonjoy Sarma: Jm This Appeal Is Preferred By The Revenue Against The Order Of Ld. Cit(A)-3, Patna Dated 09.03.2021 Against Same Impugned Order A Cross-Objection Also Filed By The Assessee Being C.O. No. 19/Ran/2021. 2. Brief Facts Of The Case Are The Assessee Filed Its Return Of Income For The A.Y. 2012-13 On 11.09.2012 Showing Total Income Of Rs. 14,32,834/-. The Case Of The Assessee Was Selected For Scrutiny Under Cass & The Assessment In The Case Of Assessee Was Completed U/S 143(3) Of The Act On 28.03.2014 Determining Total Income Of Rs.

34,644/- to the different transporters and the amount paid to transporter was more than Rs. 75,000/-and the assessee has not furnished the PAN of the transporters and it was in violation of section 40(a)(ia) u/s 194C r.w.s. 206AA of the income-tax Act, 1961. Therefore, the ld. AO disallowed such amount in the hands

SHAH BROTHERS,CHAIBASA vs. ACIT CENTRAL CIRCLE-1, RANCHI

In the result, this appeal of the assessee is allowed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahayshah Brothers, A.C.I.T., Thana Lane, Chaibasa-833201 Central Circle-1, Vs. (Jharkhand) Ranchi. Pan No. Aazfs 7498 F Appellant/ Assessee Respondent/ Revenue

TDS was also deducted. It was a submission that Rajshila Nirman Pvt. Ltd. was assessed in Kolkata. The Assessing Officer of Rajshila Nirman Pvt. Ltd. treated the activities of Rajshila Nirman Pvt. Ltd. as bogus Shah Brothers Vs ACIT transaction and as a paper company and consequently he had intimated the Assessing Officer of the assessee. It was a submission

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

CCL,RANCHI vs. DCIT CIR-1, RANCHI

34,000\nDisputed\n5,95,76,000\nGrand total Disputes Rs.\nM/S CENTRAL COALFIELDS Ltd.\nAssessee's Appeals-disputed Additions\nSI.\nHead\nΙ.Τ.Α. No.\nLease Rent/ Depreciation Forest Land\n1\n2\nLand & Crop Compensation\nCredit of Dividend Distribution Tax\n3\nRehabilitation fund Contribution Expenses\n4\nIICM Charges\n5\n6\nProvisions Toward NCWA VIII\nMine Closure Expenses

DCIT CIR-1 , RANCHI vs. M/S CENTRAL COALFIELDS LTD, RANCHI

34,000\n5,95,76,000\nGrand total Disputes Rs.\nM/S CENTRAL COALFIELDS Ltd.\nAssessee's Appeals-disputed Additions\nSI.\nHead\nΙ.Τ.Α.\nNo.\nAY 2011-12\nAY 2012-13\nAY 2013-14\nAY 2014-15\nAY 2015-16\nBy Assessee\nBy Assessee\nBy Assessee\nBy Assessee\nBy Assessee\nLease Rent/ Depreciation Forest Land

DCIT CIR-1, RANCHI vs. CCL, RANCHI

34,000\n5,95,76,000\nGrand total Disputes Rs.\nM/S CENTRAL COALFIELDS Ltd.\nAssessee's Appeals-disputed Additions\nSI.\nHead\nΙ.Τ.Α. No.\nAY 2011-12\nBy Assessee\nAY 2012-13\nBy Assessee\nAY 2013-14\nBy Assessee\nAY 2014-15\nBy Assessee\nAY 2015-16\nBy Assessee\nLease Rent/ Depreciation Forest Land\nLand & Crop Compensation\nCredit

DCIT CIR-1,, RANCHI vs. CCL, RANCHI

34,000\n5,95,76,000\nGrand total Disputes Rs.\nM/S CENTRAL COALFIELDS Ltd.\nAssessee's Appeals-disputed Additions\nSI.\nHead\nΙ.Τ.Α. No.\nAY 2011-12\nBy Assessee\nAY 2012-13\nBy Assessee\nAY 2013-14\nBy Assessee\nAY 2014-15\nBy Assessee\nAY 2015-16\nBy Assessee\nLease Rent/ Depreciation Forest Land

DCIT CIRCLE-1 , RANCHI vs. CCL LTD , RANCHI

34,000\n5,95,76,000\nGrand total Disputes Rs.\nM/S CENTRAL COALFIELDS Ltd.\nAssessee's Appeals-disputed Additions\nSI.\nHead\nΙ.Τ.Α. No.\nAY 2011-12\n169/RAN/2017\nBy Assessee\nAY 2012-13\n170/RAN/2017\nBy Assessee\nAY 2013-14\n266/RAN/2017\nBy Assessee\nAY 2014-15\n32/RAN/2018\nBy Assessee\nAY 2015-16\n190/RAN/2019\nBy Assessee\nLease Rent/ Depreciation Forest Land

CCL,RANCHI vs. ACIT CIR-1, RANCHI

34,000\n5,95,76,000\nGrand total Disputes Rs.\nM/S CENTRAL COALFIELDS Ltd.\nAssessee's Appeals-disputed Additions\nSI.\nHead\nΙ.Τ.Α. No.\nAY 2011-12\nAY 2012-13\nAY 2013-14\nAY 2014-15\nAY 2015-16\n169/RAN/2017\n170/RAN/2017\n266/RAN/2017\n32/RAN/2018\n190/RAN/2019\nBy Assessee\nBy Assessee\nBy Assessee\nBy Assessee\nBy Assessee\nLease Rent/ Depreciation Forest Land

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

34,000\nDisputed\n5,95,76,000\nGrand total Disputes Rs.\nM/S CENTRAL COALFIELDS Ltd.\nAssessee's Appeals-disputed Additions\nSI.\nHead\nΙ.Τ.Α. No.\nLease Rent/ Depreciation Forest Land\nLand & Crop Compensation\nCredit of Dividend Distribution Tax\nRehabilitation fund Contribution Expenses\nIICM Charges\nProvisions Toward NCWA VIII\nMine Closure Expenses\nCSR Expenses - Welfare\nu/s 14A\nDisallowance of Prior

CCL,RNCHI vs. ACIT CIR-1 , RANCHI

34,000\n5,95,76,000\nGrand total Disputes Rs.\nM/S CENTRAL COALFIELDS Ltd.\nAssessee's Appeals-disputed Additions\nSI.\nHead\nΙ.Τ.Α.\nNo.\nAY 2011-12\nAY 2012-13\nAY 2013-14\nAY 2014-15\nAY 2015-16\n169/RAN/2017\n170/RAN/2017\n266/RAN/2017\n32/RAN/2018\n190/RAN/2019\nBy Assessee\nBy Assessee\nBy Assessee\nBy Assessee\nBy Assessee\nLease Rent/ Depreciation Forest Land

DCIT CIR-1, RANCHI vs. CCL, RANCHI

34,000\n5,95,76,000\nGrand total Disputes Rs.\nM/S CENTRAL COALFIELDS Ltd.\nAssessee's Appeals-disputed Additions\nSI.\nHead\nΙ.Τ.Α. No.\nAY 2011-12\nBy Assessee\nAY 2012-13\nBy Assessee\nAY 2013-14\nBy Assessee\nAY 2014-15\nBy Assessee\nAY 2015-16\nBy Assessee\nLease Rent/ Depreciation Forest Land

CCL LTD ,RANCHI vs. DCIT CIRCLE-1, RANCHI

34,000\nDisputed\n5,95,76,000\nGrand total Disputes Rs.\nM/S CENTRAL COALFIELDS Ltd.\nAssessee's Appeals-disputed Additions\nSI.\nHead\nΙ.Τ.Α. No.\nLease Rent/ Depreciation Forest Land\n1\n2\nLand & Crop Compensation\n3\nCredit of Dividend Distribution Tax\n4\nRehabilitation fund Contribution Expenses\nAY 2011-12\n169/RAN/2017\nBy Assessee