DY. C.I.T.CIR., 1(1)(1), SURAT vs. M/S ANUSHREE SAREES PVT.LTD.,, SURAT

In the result, appeal filed by the Revenue ( In ITA No

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita Nos.1680 To 1682/Ahd/2017 आयकरअपीलसं./Ita No.61/Srt/2019 ("नधा"रणवष" / Assessment Years: (2011-12 To 2013-14) (Virtual Court Hearing) The Dcit, Circle-1(1)(1), Vs. M/S. Anushree Sarees Pvt. Ltd., Surat. D-5409, Raghukul Textile Market, Ring Road, Surat-395001. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aagca5772J (Appellant)/(Revenue) (Respondent)/(Assessee)

undisclosed income pertains income (in Rs.) income 1 2011-12 Rs. 2,20,00,000/- Business income earned related to Textile Business M/s Anushree Sarees Pvt. Ltd. 2 2012-13 Rs. 90,00,000/- 3 2013-14 Rs 40,00,000/- Total (to be taken to item 7 of the Form) Rs.3, 50,00,000/- *Explanation to Disclosure and explanation

ACIT, CIRCLE-3(3), SURAT vs. M/S. D P VEKARIYA, SURAT

In the result, the appeal filed by the Revenue is dismissed,

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No. 172/Srt/2020 Assessment Year: (2009-10) (Physical Court Hearing) The Acit, Circle-3(3), Vs. M/S. D. P. Vekariya, Surat Skylark Shopping, B/H Kapodara Police Station, Varachha Road, Surat, Gujarat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aabfd 8442 Q (Revenue)/(Assessee) (Assessee)/(Respondent) Assessee By Shri P. M. Jagasheth, Ca Respondent By Shri Abhishek Gautam, Sr. Dr 02/06/2022 Date Of Hearing 30/06/2022 Date Of Pronouncement

undisclosed income declared during survey. It was further noticed by assessing officer that in the profit and loss account, assessee has shown contract income of Rs.51,76,33,528/- ( vide Schedule 11: Sales Account) and interest income of Rs.14,08,934/- (vide Schedule 13: Indirect Income) and claimed IDS credit of Rs.1,17,83,599/- and Rs.2,03,518/- respectively

THE ACIT, CIRCLE-1, BHARUCH vs. M/S. J.K. JEWELLERS, BHARUCH

In the result, ground No.3 raised by the Revenue, is dismissed

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.440/Srt/2018 Assessment Year: (2014-15) (Virtual Hearing) The Acit, Circle-1, Vs. M/S. J. K. Jewellers, Bharuch. Station Road, Near Rungta School, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaefj5951F (Assessee) (Respondent) आयकर अपील सं./Ita No.443/Srt/2018 Assessment Year: (2014-15) M/S. J. K. Jewellers, Vs. The Acit, Circle-1, Station Road, Near Rungta Bharuch. School, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaefj5951F (Assessee) (Respondent)

TDS was deducted. 3. On the facts and in the circumstances of the case and in law, the Ld. CIT (Appeals) erred in deleting addition on account of unexplained investment for purchase in stock-in-trade of Rs.1,61,74,000/- by stating that source of income for Rs.2.55 crore has been offered to tax and therefore separate addition

M/S. J.K. JEWELLERS,BHARUCH vs. THE ACIT, CIRCLE-1, BHARUCH

In the result, ground No.3 raised by the Revenue, is dismissed

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.440/Srt/2018 Assessment Year: (2014-15) (Virtual Hearing) The Acit, Circle-1, Vs. M/S. J. K. Jewellers, Bharuch. Station Road, Near Rungta School, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaefj5951F (Assessee) (Respondent) आयकर अपील सं./Ita No.443/Srt/2018 Assessment Year: (2014-15) M/S. J. K. Jewellers, Vs. The Acit, Circle-1, Station Road, Near Rungta Bharuch. School, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaefj5951F (Assessee) (Respondent)

TDS was deducted. 3. On the facts and in the circumstances of the case and in law, the Ld. CIT (Appeals) erred in deleting addition on account of unexplained investment for purchase in stock-in-trade of Rs.1,61,74,000/- by stating that source of income for Rs.2.55 crore has been offered to tax and therefore separate addition

NARESHKUMAR B. AGARWAL,SURAT vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIR - 4, SURAT

Bench: Shri Dinesh Mohan Sinha & Shri Bijayananda Prusethआयकर अपील सं./Ita No.No.136 & 163/Srt/2023

undisclosed investment u/s 69B of the Act. The English 14 translation of both pages are pasted in para 6 of the assessment order. The AO observed that the aggregate amount of page 75 of A-23, decoded at Rs.66,52,25,000/-, pertains to purchase of plot No. 224 Kumbharia by the assessee. The assessee submitted before the AO that

THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(3),, SURAT vs. M/S. SHHLOK ENTERPRISE,, SURAT

In the result the grounds of appeal raised by the revenue are dismissed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Virtual Court Hearing) Deputy Commissioner Of Income Vs. M/S. Shhlok Enterprise, Tax, Circle-2(3), Surat Block No.292, Plot No.135/B, Shhlok Arcede, Bamroli Road, Surat. Pan : Abufs8091E Appellant Respondednt

undisclosed income. The assessee explained that during the course of survey no adverse material was found regarding unsecured loan allegedly received by assessee. On the basis of a statement of partner without any further evidence, it cannot be said that assessee received unsecured loan from bogus parties. During the course of assessment proceeding, copy of confirmation of all unsecured loan

THE DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3,, SURAT vs. M/S. HAPPY HOME CORPORATION,, SURAT

Bench: Shri Rajpal Yadav & Shri Amarjit Singh

TDS wherever applicable has been claimed in the return income. Therefore, all the corroborative evidences undoubtedly prove the transactions of loans by the creditors. So far as statements of lenders before the ld.AO are concerned, the same have been denied by them in their subsequent affidavits. Such statements were recorded under some misconception and misrepresentation of facts by the ld.AO

THE DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3,, SURAT vs. M/S. HAPPY HOME CORPORATION,, SURAT

Bench: Shri Rajpal Yadav & Shri Amarjit Singh

TDS wherever applicable has been claimed in the return income. Therefore, all the corroborative evidences undoubtedly prove the transactions of loans by the creditors. So far as statements of lenders before the ld.AO are concerned, the same have been denied by them in their subsequent affidavits. Such statements were recorded under some misconception and misrepresentation of facts by the ld.AO

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIR - 4, SURAT vs. NARESHKUMAR B. AGARWAL, SURAT

Bench: Shri Dinesh Mohan Sinha & Shri Bijayananda Prusethआयकर अपील सं./Ita No.No.136 & 163/Srt/2023

undisclosed investment u/s 69B of the Act. The English 14 ITA Nos. 136, 163, 164/Srt/23 & IT(SS)A.25-27, 41-42/Srt/2023 AY 13-14, 17-18 to 20-21 Sh. Nareshkumar B. Agarwal translation of both pages are pasted in para 6 of the assessment order. The AO observed that the aggregate amount of page 75 of A-23, decoded

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIR - 4, SURAT vs. NARESHKUMAR B. AGARWAL, SURAT

Bench: Shri Dinesh Mohan Sinha & Shri Bijayananda Prusethआयकर अपील सं./Ita No.No.136 & 163/Srt/2023

undisclosed investment u/s 69B of the Act. The English 14 ITA Nos. 136, 163, 164/Srt/23 & IT(SS)A.25-27, 41-42/Srt/2023 AY 13-14, 17-18 to 20-21 Sh. Nareshkumar B. Agarwal translation of both pages are pasted in para 6 of the assessment order. The AO observed that the aggregate amount of page 75 of A-23, decoded

ACIT,CIRCLE-2,, BHARUCH vs. SHRI MOHMEDSADIK A SHAIKH, ANKALESHWAR

In the result, appeal filed by the Revenue is dismissed

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.682/Srt/2018 ("नधा"रणवष" / Assessment Years: (2014-15) (Virtual Court Hearing) The Acit, Circle-2, Vs. Mohmedsadik A. Shaikh, Bharuch. Prop. Of Earth Power, Behind Mona Complex, Rajpipla Chowkdi, Ankleshwar-395002. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Ahzps5638N (Appellant)/(Revenue) (Respondent)/(Assessee) Assessee By : Ms Kinjal V. Shah, Ca Revenue By : Shri Deependra Kumar, Sr. Dr सुनवाईक"तार"ख/ Date Of Hearing : 27/04/2022 घोषणाक"तार"ख/Date Of Pronouncement : 27/06/2022 आदेश / O R D E R Per Dr. A. L. Saini, Am: Captioned Appeal Filed By The Revenue, Pertaining To Assessment Year (Ay) 2014-15, Is Directed Against The Order Passed By The Learned Commissioner Of Income Tax (Appeals)-3, Vadodara [In Short “The Ld. Cit(A)”] In Appeal No. Cit(A)-Vadodara-3/10033/2017-18, Dated 30.07.2018, Which In Turn Arises Out Of An Assessment Order Passed By The Assessing Officer Under Section 143(3) Of The Income Tax Act, 1961 [Hereinafter Referred To As The “Act”].

income corresponding to undisclosed TDS of Rs.48,338/- by estimating net profit @10% of turnover, without appreciating the factual finding

ESSAR STEEL LOGESTICS LIMITED,SURAT vs. DY. CIT CIRCLE 1(1))1), SURAT

In the result, appeal of the assessee is allowed for statistical purpose

Bench: Shri Pawan Singh, Hon'Ble & Dr. Arjun Lal Saini, Hon'Ble(Virtual Hearing) आ.अ.सं./I.T.A No.695/Srt/2018 िनधा"रण वष"/Assessment Year: 2014-15 Essar Steel Logistics Limited, Vs Dy.Commissioner Of 27 Km Hazira, Surat Road, . Income Tax, [Circle- Hazira, Surat. 1(1)(1)], Surat. [Pan: Aadce 3876 A] अपीलाथ" / Appellant ""थ"/Respondent िनधा"रतीकीओर से /Assessee By Shri Rajesh Bhanwala – Ca राज"कीओर से /Revenue By Ms. Usha Shrote – Sr.Dr सुनवाई की तारीख/ Date Of Hearing: 24.03.2021 उद्घोषणा की तारीख/Pronouncement On: 25.03.2021 आदेश /O R D E R Per Pawan Singh: 1. This Appeal Filed By The Assessee Is Directed Against The Order Of Learned Commissioner Of Income Tax (Appeals)-1, Surat, Hereinafter Referred As “Ld.Cit(A)” Dated 27.08.2018 For The A.Y.2014-15. The Assessee Raised The Following Grounds Of Appeal: “1. On The Facts & In Circumstances Of The Case & In Law On The Subject, Assessing Officer Has Erred In Making Addition Of Rs.12,45,026/- U/S. 36(1)(Va) On Account Of Employees Pf Contribution. 2. On The Facts & Circumstances Of The Case As Well As Law On The Subject, Assessing Officer Has Erred In Making Addition Of Rs.86,75,510/- On Account Of Undisclosed Receipt In Case Of Short Claim Of Tds Of Rs.1,73,511/-.

Undisclosed Receipt in case of short claim of TDS of Rs.1,73,511/-. Essar Steel Logistics Limited Vs. DCIT, ITA No.695/SRT/2018 for A.Y.2014-15 3. It is therefore prayed that above disallowance/addition made by the Assessing Officer. 4. Appellant craves leave to add, alter or delete any ground(s) either before or in the course of hearing of the appeal

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

In the result, appeal of the assessee for A

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

undisclosed sources. 27. Being aggrieved, the assessee filed this appeal before the ld.CIT(A). In the appeal, it was claimed that telescoping of opening cash balance shown in cash book at Rs.10,61,930/- as on 01.04.2009 should be given which is carried forward from A.Y. 2009-10. The CIT(A) observed that the matter has been travelled

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

In the result, appeal of the assessee for A

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

undisclosed sources. 27. Being aggrieved, the assessee filed this appeal before the ld.CIT(A). In the appeal, it was claimed that telescoping of opening cash balance shown in cash book at Rs.10,61,930/- as on 01.04.2009 should be given which is carried forward from A.Y. 2009-10. The CIT(A) observed that the matter has been travelled

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

In the result, appeal of the assessee for A

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

undisclosed sources. 27. Being aggrieved, the assessee filed this appeal before the ld.CIT(A). In the appeal, it was claimed that telescoping of opening cash balance shown in cash book at Rs.10,61,930/- as on 01.04.2009 should be given which is carried forward from A.Y. 2009-10. The CIT(A) observed that the matter has been travelled

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

In the result, appeal of the assessee for A

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

undisclosed sources. 27. Being aggrieved, the assessee filed this appeal before the ld.CIT(A). In the appeal, it was claimed that telescoping of opening cash balance shown in cash book at Rs.10,61,930/- as on 01.04.2009 should be given which is carried forward from A.Y. 2009-10. The CIT(A) observed that the matter has been travelled

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

In the result, appeal of the assessee for A

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

undisclosed sources. 27. Being aggrieved, the assessee filed this appeal before the ld.CIT(A). In the appeal, it was claimed that telescoping of opening cash balance shown in cash book at Rs.10,61,930/- as on 01.04.2009 should be given which is carried forward from A.Y. 2009-10. The CIT(A) observed that the matter has been travelled

VIRAL SHAILESH SHAH,VALSAD vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE, VALSAD, VALSAD

In the result, appeal filed by the assessee is allowed

Bench: Shri Dr. A. L. Sainiआयकर अपील सं./Ita No.536/Srt/2023 Assessment Year: (2011-12) (Physical Hearing) Viral Shailesh Shah, Vs. The Acit, C/O. Dr. Shailesh V. Shah, B/H. Valsad Circle, Pramanik Store, Opp. Atul First Valsad Gate, Atul, Valsad – 396020. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Bfaps6008A (Assessee) (Respondent)

undisclosed income and the same was added to the total income of the assessee. This way, Assessing Officer made total addition of Rs.10,46,524/- (Rs.5,00,000 + Rs. Rs.5,45,524) 7. Aggrieved by the order of Assessing Officer, the assessee carried the matter in appeal before the ld. CIT(A), who has confirmed the action of Assessing Officer