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44 results for “TDS”+ Section 54(2)clear

Sorted by relevance

Delhi1,717Mumbai1,472Bangalore702Chennai468Kolkata342Hyderabad325Ahmedabad289Pune276Cochin217Chandigarh203Indore199Jaipur177Karnataka157Raipur147Visakhapatnam79Cuttack70Nagpur62Jabalpur54Lucknow51Surat44Rajkot43Dehradun34Ranchi33Agra25Jodhpur23Amritsar23Panaji15Guwahati15Allahabad14Patna13Telangana13SC7Kerala6Varanasi5Uttarakhand2Rajasthan1Calcutta1Punjab & Haryana1

Key Topics

Addition to Income42Section 6831Section 143(3)25TDS24Section 271(1)(c)20Disallowance18Section 254(1)17Section 14816Deduction15Section 263

RUGHNATHPURA SAURASHTRA NAGRIK DHIRAN SAHAKARI MANDLI LTD,SURAT vs. DCIT, CIRCLE-3(1), SURAT

In the result, both the grounds of appeal raised by assessee are dismissed

ITA 550/SRT/2019[2008-09]Status: DisposedITAT Surat23 Nov 2022AY 2008-09

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 143(3)Section 254(1)Section 271(1)(c)Section 274Section 80P(2)

54,107/- and Rs. 3,70,116/- respectively. In the return of income, the assessee has not shown such interest income of aggregating of Rs. 5,24,223/-. The Assessing Officer made addition of such interest income and initiated penalty proceedings. 4. On appeal before the ld. CIT(A) in quantum assessment, the appeal was dismissed. After dismissal of appeal

RUGHNATHPURA SAURASHTRA NAGRIK DHIRAN SAHAKARI MANDLI LTD,SURAT vs. DCIT, CIRCLE-3(1), SURAT

Showing 1–20 of 44 · Page 1 of 3

13
Section 80P(2)12
Section 14411

In the result, both the grounds of appeal raised by assessee are dismissed

ITA 552/SRT/2019[2014-15]Status: DisposedITAT Surat23 Nov 2022AY 2014-15

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 143(3)Section 254(1)Section 271(1)(c)Section 274Section 80P(2)

54,107/- and Rs. 3,70,116/- respectively. In the return of income, the assessee has not shown such interest income of aggregating of Rs. 5,24,223/-. The Assessing Officer made addition of such interest income and initiated penalty proceedings. 4. On appeal before the ld. CIT(A) in quantum assessment, the appeal was dismissed. After dismissal of appeal

RUGHNATHPURA SAURASHTRA NAGRIK DHIRAN SAHAKARI MANDLI LTD,SURAT vs. DCIT, CIRCLE-3(1), SURAT

In the result, both the grounds of appeal raised by assessee are dismissed

ITA 551/SRT/2019[2012-13]Status: DisposedITAT Surat23 Nov 2022AY 2012-13

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 143(3)Section 254(1)Section 271(1)(c)Section 274Section 80P(2)

54,107/- and Rs. 3,70,116/- respectively. In the return of income, the assessee has not shown such interest income of aggregating of Rs. 5,24,223/-. The Assessing Officer made addition of such interest income and initiated penalty proceedings. 4. On appeal before the ld. CIT(A) in quantum assessment, the appeal was dismissed. After dismissal of appeal

SHRI MAHENDRA S. GAJJAR,NARMADA vs. DCIT, BHARUCH CIRCLE,, BHARUCH

In the result, appeal of the assessee is partly allowed

ITA 1714/AHD/2017[2008-09]Status: DisposedITAT Surat02 May 2019AY 2008-09

Bench: Shri H.S. Sidhu & Shri O. P. Meena

Section 133Section 143Section 194CSection 200Section 40

2 Tractor Dozer 16,54,74 36% 5,95,706 rent 0.00 3 Tractor Rent 26,85,74 54% 14,50,300 Exp. 0.00 Total 25,83,942/- 17.20 As can be seen from the above that the addition of Rs.59,77,552/- as confirmed in preceding paragraph of this appeal order on account of false expenses also includes

ENGINEERING PROFESSIONAL CO. PVT LTD,SURAT vs. PCIT-1, SURAT

In the result, appeal of the assessee is partly allowed

ITA 541/SRT/2024[2018-19]Status: DisposedITAT Surat19 Feb 2025AY 2018-19

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita No.541/Srt/2024 Assessment Year: (2018-19) (Physical Hearing) Engineering Professional Co. Pvt. Ltd., Vs. The Pcit -1, 444, Royal Arcade, Opp. Sarthana Zoo, Surat Varachha Road, Near Sarthana Jakatnaka, Surat – 395006, Gujarat "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aabce0313Q (Appellant) (Respondent) Appellant By Shri P. M. Jagasheth, Ca Respondent By Shri Ravi Kant Gupta, Cit(Dr) Date Of Hearing 13/02/2025 Date Of Pronouncement 19/02/2025

Section 142(1)Section 143(2)Section 143(3)Section 194CSection 263

2 Mendpara Sangani & Co. (TDS AAWFM8259R 1,10,000 Deducted) 3 Rekha M. Doshit (TDS Deducted) AAJPD6642E 950,000 4 Other small Professional Fees Expense - 3,960,400 TOTAL 5,115,400 4.1 The ld. AR further submitted that daily wage payment sheets are available at pages 146 to 169 of the paper book. It shows payments of wage

THE ACIT,BHARUCH CIRCLE,, BHARUCH vs. BHARUCH ENVIRO INFRASTRUCTURE LTD.,, ANKLESHWAR

In the result, this ground of appeal is allowed for statistical purpose

ITA 1867/AHD/2014[2008-09]Status: DisposedITAT Surat24 Dec 2021AY 2008-09

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 143(3)Section 254(1)Section 44ASection 80I

TDS and treat this payment as revenue expenditure in their books of account. Moreover, assessee is claiming all the expenses incurred during the year pertaining to the burning of sludge or keeping it in godown, but the income is deferred to future period, which is not tenable and against the provisions of law and as held by Hon'ble Apex

BHARUCH ENVIRO INFRASTRUCTURE LTD.,,BHARUCH vs. THE DY.CIT.,BHARUCH CIRCLE,, BHARUCH

In the result, this ground of appeal is allowed for statistical purpose

ITA 1849/AHD/2014[2008-09]Status: DisposedITAT Surat24 Dec 2021AY 2008-09

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 143(3)Section 254(1)Section 44ASection 80I

TDS and treat this payment as revenue expenditure in their books of account. Moreover, assessee is claiming all the expenses incurred during the year pertaining to the burning of sludge or keeping it in godown, but the income is deferred to future period, which is not tenable and against the provisions of law and as held by Hon'ble Apex

SHRI AMITKUMAR MATHURDAS KANERIA,,SURAT vs. THE INCOME TAX OFFICER, WARD -3(3),, SURAT

In the result, appeal of the assessee for A

ITA 2031/AHD/2015[2010-11]Status: DisposedITAT Surat16 Aug 2018AY 2010-11

Bench: Shri C.M.Garg & Shri O.P.Meenaआ.अ.सं./I.T.A No’S.2031 & 2663/Ahd/2015/Srt िनधा"रण वष"/Assessment Years : 2010-11 & 2011-12 Amitkumar Mathurdas Kaneria, Vs The Income Tax Officer, 64, Himgiri Bunglows, . Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Adppk 7315 J) अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No’S.1545 & 2029/Ahd/2015/Srt िनधा"रण वष"/Assessment Years : 2010-11 & 2011-12 Smt.Jayaben Mathurdas Kaneria, Vs The Income Tax Officer, 64, Himgiri Bunglows, . Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Adppk 7316 M) अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.2030/Ahd/2015/Srt िनधा"रण वष"/Assessment Year : 2010-11 Smt.Jullie Amit Kaneria, Vs. The Income Tax Officer, 64, Himgiri Bunglows, Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Aizpk 3199 B) अपीलाथ" Appellant ""यथ"/Respondent

Section 144

2(22)(e) of the Act. The ld.CIT(A) further observed that the assessee has argued that deemed dividend could be brought to tax to the maximum of accumulated profit and the computation of which should be less than accumulated profit + profit earned up to the date of grant of impugned advance. The appellant has worked out the figure

SMT. JAYABEN MATHURDAS KANERIA,,SURAT vs. THE THE INCOME TAX OFFICER, WARD -1(3),, SURAT

In the result, appeal of the assessee for A

ITA 1545/AHD/2015[2010-11]Status: DisposedITAT Surat16 Aug 2018AY 2010-11

Bench: Shri C.M.Garg & Shri O.P.Meenaआ.अ.सं./I.T.A No’S.2031 & 2663/Ahd/2015/Srt िनधा"रण वष"/Assessment Years : 2010-11 & 2011-12 Amitkumar Mathurdas Kaneria, Vs The Income Tax Officer, 64, Himgiri Bunglows, . Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Adppk 7315 J) अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No’S.1545 & 2029/Ahd/2015/Srt िनधा"रण वष"/Assessment Years : 2010-11 & 2011-12 Smt.Jayaben Mathurdas Kaneria, Vs The Income Tax Officer, 64, Himgiri Bunglows, . Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Adppk 7316 M) अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.2030/Ahd/2015/Srt िनधा"रण वष"/Assessment Year : 2010-11 Smt.Jullie Amit Kaneria, Vs. The Income Tax Officer, 64, Himgiri Bunglows, Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Aizpk 3199 B) अपीलाथ" Appellant ""यथ"/Respondent

Section 144

2(22)(e) of the Act. The ld.CIT(A) further observed that the assessee has argued that deemed dividend could be brought to tax to the maximum of accumulated profit and the computation of which should be less than accumulated profit + profit earned up to the date of grant of impugned advance. The appellant has worked out the figure

SMT. JULLIE AMIT KANERIA,,SURAT vs. THE INCOME TAX OFFICER, WARD -3(3),, SURAT

In the result, appeal of the assessee for A

ITA 2030/AHD/2015[2010-11]Status: DisposedITAT Surat16 Aug 2018AY 2010-11

Bench: Shri C.M.Garg & Shri O.P.Meenaआ.अ.सं./I.T.A No’S.2031 & 2663/Ahd/2015/Srt िनधा"रण वष"/Assessment Years : 2010-11 & 2011-12 Amitkumar Mathurdas Kaneria, Vs The Income Tax Officer, 64, Himgiri Bunglows, . Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Adppk 7315 J) अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No’S.1545 & 2029/Ahd/2015/Srt िनधा"रण वष"/Assessment Years : 2010-11 & 2011-12 Smt.Jayaben Mathurdas Kaneria, Vs The Income Tax Officer, 64, Himgiri Bunglows, . Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Adppk 7316 M) अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.2030/Ahd/2015/Srt िनधा"रण वष"/Assessment Year : 2010-11 Smt.Jullie Amit Kaneria, Vs. The Income Tax Officer, 64, Himgiri Bunglows, Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Aizpk 3199 B) अपीलाथ" Appellant ""यथ"/Respondent

Section 144

2(22)(e) of the Act. The ld.CIT(A) further observed that the assessee has argued that deemed dividend could be brought to tax to the maximum of accumulated profit and the computation of which should be less than accumulated profit + profit earned up to the date of grant of impugned advance. The appellant has worked out the figure

SHRI AMITKUMAR MATHURDAS KANERIA,,SURAT vs. THE INCOME TAX OFFICER, WARD -1(3),, SURAT

In the result, appeal of the assessee for A

ITA 2663/AHD/2015[2011-12]Status: DisposedITAT Surat16 Aug 2018AY 2011-12

Bench: Shri C.M.Garg & Shri O.P.Meenaआ.अ.सं./I.T.A No’S.2031 & 2663/Ahd/2015/Srt िनधा"रण वष"/Assessment Years : 2010-11 & 2011-12 Amitkumar Mathurdas Kaneria, Vs The Income Tax Officer, 64, Himgiri Bunglows, . Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Adppk 7315 J) अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No’S.1545 & 2029/Ahd/2015/Srt िनधा"रण वष"/Assessment Years : 2010-11 & 2011-12 Smt.Jayaben Mathurdas Kaneria, Vs The Income Tax Officer, 64, Himgiri Bunglows, . Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Adppk 7316 M) अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.2030/Ahd/2015/Srt िनधा"रण वष"/Assessment Year : 2010-11 Smt.Jullie Amit Kaneria, Vs. The Income Tax Officer, 64, Himgiri Bunglows, Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Aizpk 3199 B) अपीलाथ" Appellant ""यथ"/Respondent

Section 144

2(22)(e) of the Act. The ld.CIT(A) further observed that the assessee has argued that deemed dividend could be brought to tax to the maximum of accumulated profit and the computation of which should be less than accumulated profit + profit earned up to the date of grant of impugned advance. The appellant has worked out the figure

SMT. JAYABEN MATHURDAS KANERIA,,SURAT vs. THE INCOME TAX OFFICER, WARD -1(3),, SURAT

In the result, appeal of the assessee for A

ITA 2029/AHD/2015[2011-12]Status: DisposedITAT Surat16 Aug 2018AY 2011-12

Bench: Shri C.M.Garg & Shri O.P.Meenaआ.अ.सं./I.T.A No’S.2031 & 2663/Ahd/2015/Srt िनधा"रण वष"/Assessment Years : 2010-11 & 2011-12 Amitkumar Mathurdas Kaneria, Vs The Income Tax Officer, 64, Himgiri Bunglows, . Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Adppk 7315 J) अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No’S.1545 & 2029/Ahd/2015/Srt िनधा"रण वष"/Assessment Years : 2010-11 & 2011-12 Smt.Jayaben Mathurdas Kaneria, Vs The Income Tax Officer, 64, Himgiri Bunglows, . Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Adppk 7316 M) अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.2030/Ahd/2015/Srt िनधा"रण वष"/Assessment Year : 2010-11 Smt.Jullie Amit Kaneria, Vs. The Income Tax Officer, 64, Himgiri Bunglows, Ward-3(3), Surat. Near: Rajhans Cinema, Piplod, Dumas Road, Surat – 395 007. [Pan: Aizpk 3199 B) अपीलाथ" Appellant ""यथ"/Respondent

Section 144

2(22)(e) of the Act. The ld.CIT(A) further observed that the assessee has argued that deemed dividend could be brought to tax to the maximum of accumulated profit and the computation of which should be less than accumulated profit + profit earned up to the date of grant of impugned advance. The appellant has worked out the figure

THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(2),, SURAT vs. M/S. KEJRIWAL INDUSTRIES LTD.,, SURAT

In the result, the appeal of the Revenue is dismissed

ITA 1509/AHD/2016[2011-12]Status: DisposedITAT Surat04 May 2020AY 2011-12

Bench: Shri Sandeep Gosain & Shri O.P.Meena

Section 131Section 143Section 143(3)Section 14ASection 154Section 68

54 are based at Ranchi and remaining two are group concerns of the assessee. The AO had issued DCIT, Circle-1(1)(2), Surat Vs. Kejriwal Industries Ltd.,/ITA No.1509/AHD/2016 for A.Y. 2011-12 Page 4 of 49 commissions to DCIT, Circle-1, Ranchi and ACIT-TDS, Circle- Ranchi under section

ACIT, CIRCLE 1(2), SURAT vs. M/S NYA INTERNATIONAL,, SURAT

In the result, ground nos

ITA 713/SRT/2018[2013-14]Status: DisposedITAT Surat22 Feb 2023AY 2013-14

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.713/Srt/2018 Assessment Year: (2013-14) (Virtual Court Hearing) The Acit, Circle-1(2), Vs. M/S. Nya International, Surat. Unit No. 360, Plot No. 239, Sez, Gidc, Sachin, Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aahfn1681M (Revenue)/(Assessee) (Assessee)/(Respondent) आयकर अपील सं./Ita No.534/Srt/2019 Assessment Year: (2014-15) The Acit, Circle-1(2), Vs. M/S. Nya International, Surat. Unit No. 360, Plot No. 239, Sez, Gidc, Sachin, Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aahfn1681M (Revenue)/(Assessee) (Assessee)/(Respondent) Shri Rasesh Shah, Ca Assessee By Respondent By Shri H. P. Meena, Cit(Dr) Date Of Hearing 30/12/2022 Date Of Pronouncement 22/02/2023

Section 10ASection 142(1)Section 144Section 68

section 144/ 143(3) of the Income Tax Act, 1961 (hereinafter referred to as “the Act”). 2. Since these two appeals filed by the Revenue pertaining to same assessee and identical and common issues are involved, therefore, these have been clubbed and heard together and a consolidated order is being passed for the sake of convenience and brevity. 713/SRT/2018 & 534/SRT/2019/AY.2013-14

ACIT, CIRCLE 1(2), SURAT vs. NYA INTERNATIONAL,, SURAT

In the result, ground nos

ITA 534/SRT/2019[2014-15]Status: DisposedITAT Surat22 Feb 2023AY 2014-15

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.713/Srt/2018 Assessment Year: (2013-14) (Virtual Court Hearing) The Acit, Circle-1(2), Vs. M/S. Nya International, Surat. Unit No. 360, Plot No. 239, Sez, Gidc, Sachin, Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aahfn1681M (Revenue)/(Assessee) (Assessee)/(Respondent) आयकर अपील सं./Ita No.534/Srt/2019 Assessment Year: (2014-15) The Acit, Circle-1(2), Vs. M/S. Nya International, Surat. Unit No. 360, Plot No. 239, Sez, Gidc, Sachin, Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aahfn1681M (Revenue)/(Assessee) (Assessee)/(Respondent) Shri Rasesh Shah, Ca Assessee By Respondent By Shri H. P. Meena, Cit(Dr) Date Of Hearing 30/12/2022 Date Of Pronouncement 22/02/2023

Section 10ASection 142(1)Section 144Section 68

section 144/ 143(3) of the Income Tax Act, 1961 (hereinafter referred to as “the Act”). 2. Since these two appeals filed by the Revenue pertaining to same assessee and identical and common issues are involved, therefore, these have been clubbed and heard together and a consolidated order is being passed for the sake of convenience and brevity. 713/SRT/2018 & 534/SRT/2019/AY.2013-14

BANK OF INDIA, ,SURAT vs. DY. CIT, TDS, CIRCLE, SURAT, SURAT

In the result, assessee’s both appeals are allowed

ITA 248/SRT/2019[2011-12]Status: DisposedITAT Surat21 Nov 2022AY 2011-12

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am

For Appellant: Shri Pankaj R Gupta, CAFor Respondent: Shri Vinod Kumar, Sr. DR
Section 201(1)

section 201(1) for non- deduction of tax and created a demand of Rs.83,442/- in the following manner:- Sr. Payee of interest Amount of TDS to be TDS Demand u/s No. interest paid deducted @ 1% deducted 201(1) 1 Ashish Varma 200094 20009 0 20009 2 Kunjgali Trust 250929 25093 0 25093 3 Revaben Ramanbhai

BANK OF INDIA, ,SURAT vs. DY. CIT, TDS, CIRCLE, SURAT, SURAT

In the result, assessee’s both appeals are allowed

ITA 246/SRT/2019[2009-10]Status: DisposedITAT Surat21 Nov 2022AY 2009-10

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am

For Appellant: Shri Pankaj R Gupta, CAFor Respondent: Shri Vinod Kumar, Sr. DR
Section 201(1)

section 201(1) for non- deduction of tax and created a demand of Rs.83,442/- in the following manner:- Sr. Payee of interest Amount of TDS to be TDS Demand u/s No. interest paid deducted @ 1% deducted 201(1) 1 Ashish Varma 200094 20009 0 20009 2 Kunjgali Trust 250929 25093 0 25093 3 Revaben Ramanbhai

BANK OF INDIA,SURAT vs. ITO (TDS-1), SURAT, SURAT

In the result, assessee’s both appeals are allowed

ITA 323/SRT/2019[2009-10]Status: DisposedITAT Surat21 Nov 2022AY 2009-10

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am

For Appellant: Shri Pankaj R Gupta, CAFor Respondent: Shri Vinod Kumar, Sr. DR
Section 201(1)

section 201(1) for non- deduction of tax and created a demand of Rs.83,442/- in the following manner:- Sr. Payee of interest Amount of TDS to be TDS Demand u/s No. interest paid deducted @ 1% deducted 201(1) 1 Ashish Varma 200094 20009 0 20009 2 Kunjgali Trust 250929 25093 0 25093 3 Revaben Ramanbhai

BANK OF INDIA, ,SURAT vs. DY. CIT, TDS, CIRCLE, SURAT, SURAT

In the result, assessee’s both appeals are allowed

ITA 247/SRT/2019[2010-11]Status: DisposedITAT Surat21 Nov 2022AY 2010-11

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am

For Appellant: Shri Pankaj R Gupta, CAFor Respondent: Shri Vinod Kumar, Sr. DR
Section 201(1)

section 201(1) for non- deduction of tax and created a demand of Rs.83,442/- in the following manner:- Sr. Payee of interest Amount of TDS to be TDS Demand u/s No. interest paid deducted @ 1% deducted 201(1) 1 Ashish Varma 200094 20009 0 20009 2 Kunjgali Trust 250929 25093 0 25093 3 Revaben Ramanbhai

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIR.-3, SURAT vs. SH. HARESHBHAI MOHANBHAI SAKARIYA, SURAT

In the result, Revenue’s appeal is dismissed

ITA 48/SRT/2021[2017-18]Status: DisposedITAT Surat25 May 2022AY 2017-18

Bench: Shri Pawan Singh & Dr. Arjun Lal Sainiit(Ss)A No.01/Srt/2021 (Ay 2010-11) It(Ss)A No.09/Srt/2020 (Ay 2014-15) (Hearing In Physical Court) Deputy Commissioner Of Shri Dineshchandra D Income-Tax, Central Circle- Koradia, 3Room No.507, 5Th Floor, 9/10, Dayanand Society, Aayakar Bhawan, Majura B/H.Navyug College, Gate, Surat-395001 Rander Road, Surat Pan No: Acupk 3696 A Assistant Commissioner Of Vs Income-Tax, Central Circle-3, Room No.507, 5Th Floor, Aayakar Bhawan, Majura Gate, Surat-395001 Appellant / Revenue Respondent /Assessee

Section 132Section 132(1)Section 143(3)Section 14ASection 153ASection 153CSection 158BSection 254(1)

TDS made on such interest and the amount received and repaid during the year. Such details are recorded by ld CITA) at page No. 18 & 19 of his order. The assessee also stated that the assessing officer considered only peak of all transaction and made addition of Rs. 4.15 Crore in AY 2010-11 and Rs. 2.14 Crore