THE ITO, WARD-2(3)(7),, SURAT vs. SHRI DIPAK BANWARILAL AGARWAL,, SURAT

In the result, the appeal of the assessee is partly allowed

Bench: Shri H. S. Sidhu & Shri O. P. Meenaआ.अ.सं./I.T.A No.2932 & 3277/Ahd/2016: िनधा"रणवष"/Assessment Year: 2007-08 1. Shri Dipak Banwarilal Agarwal, V. 1. Income Tax Officer, Ward- 103 Devsagar, Dalgiya Street, 2(3)(7), Mahidarpura Surat Surat 2. Shri Dipak Banwarilal Agarwal, Pan:Afppa6178M 103 Devsagar, Dalgiya Street, Mahidarpura Surat 2. Income Tax Officer, Ward- 2(3)(7), Pan:Afppa6178M Surat अपीलाथ" Appellant ""यथ"/Respondent

purchases as bogus under section 69C. (Copy filed-PB-1-3). The learned counsel for the assessee submitted that the AO has not rejected

THE ITO, WARD-2(3)(8),, SURAT vs. SHRI YOGENDRARAJ U. SINGHVI,, SURAT

In the result, the appeal of the assessee is partly allowed

Bench: Shri Bhavnesh Saini & Shri O. P. Meenaआ.अ.सं./I.T.A No.2926/Ahd/2016: िनधा"रण वष"/Assessment Year: 2007-08 Shri Yogendraraj U Singhvi, V. Income Tax Officer, Office No. 103, Ist Floor, H. No. 6/1946-B, Ward- 2(3)(8), Dalagia Street, Mahidharpura Surat Aayakar Bhavan Surat [Pan: Anjps 9745 G] अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.79/Ahd/2017: िनधा"रण वष"/Assessment Year: 2007-08 Income Tax Officer, V. Shri Yogendraraj U Singhvi, Ward- 2(3)(8), Office No. 103, Ist Floor, H. No. 6/1946- Aayakar Bhavan Surat B, Dalagia Street, Mahidharpura Surat [Pan: Anjps 9745 G] अपीलाथ" Appellant ""यथ"/Respondent Shri Prakash Jhunjhunwala, C.A. िनधा"रती क" ओर से Assessee By Shri S.R. Meena, Sr. D.R. राज"व क" ओर से Revenue By 24.07.2019 सुनवाई क" तारीख Date Of Hearing 25.07.2019 उ"ोषणा क" तारीख Date Of Pronouncement

purchases as bogus under Page 20 of 24 Yogendraraj U Singhvi v. ITO 2(3)(8)/I.T.A. No.2926/AHD/2016/A.Y.07-08 & I.T.A.No. 79/Ahd/2017 /AY07-08 section 69C

SHRI YOGENDRARAJ U.SINGHVI,SURAT vs. THE INCOME TAX OFFICER,WARD-2(3)(8),, SURAT

In the result, the appeal of the assessee is partly allowed

Bench: Shri Bhavnesh Saini & Shri O. P. Meenaआ.अ.सं./I.T.A No.2926/Ahd/2016: िनधा"रण वष"/Assessment Year: 2007-08 Shri Yogendraraj U Singhvi, V. Income Tax Officer, Office No. 103, Ist Floor, H. No. 6/1946-B, Ward- 2(3)(8), Dalagia Street, Mahidharpura Surat Aayakar Bhavan Surat [Pan: Anjps 9745 G] अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.79/Ahd/2017: िनधा"रण वष"/Assessment Year: 2007-08 Income Tax Officer, V. Shri Yogendraraj U Singhvi, Ward- 2(3)(8), Office No. 103, Ist Floor, H. No. 6/1946- Aayakar Bhavan Surat B, Dalagia Street, Mahidharpura Surat [Pan: Anjps 9745 G] अपीलाथ" Appellant ""यथ"/Respondent Shri Prakash Jhunjhunwala, C.A. िनधा"रती क" ओर से Assessee By Shri S.R. Meena, Sr. D.R. राज"व क" ओर से Revenue By 24.07.2019 सुनवाई क" तारीख Date Of Hearing 25.07.2019 उ"ोषणा क" तारीख Date Of Pronouncement

purchases as bogus under Page 20 of 24 Yogendraraj U Singhvi v. ITO 2(3)(8)/I.T.A. No.2926/AHD/2016/A.Y.07-08 & I.T.A.No. 79/Ahd/2017 /AY07-08 section 69C

INCOME TAX OFFICER, WARD 2(3)(7), SURAT vs. SHRI ANIL PUKHRAJ JAIN, SURAT

In the result the ground No

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.89/Srt/2017 िनधा"रण वष"/Assessment Year: (2008-09) (Physical Court Hearing) Income Tax Officer, Ward-2(3)(7), Anil Pukhraj Jain, Room No.414, 4Th Floor, Aayakar Prop. Of Aakruti Stone, 206-2Nd Floor, Tulsi Building, Bhavan, Adajan, Surat-395009 Vs. Somnath Mahadev Ni Sheri, Mahidharpura, Surat – 395009. (Appellant) (Respondent)/ "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Ahapj8569Q ""या"ेप सं Cross Objection No.10/Srt/2021 (A/O Ita No.89/Srt/2017) िनधा"रण वष"/Assessment Year: (2008-09) Anil Pukhraj Jain, Income Tax Officer, Ward-2(3)(7), Room No.414, 4Th Floor, Aayakar Prop. Of Aakruti Stone, 206- 2Nd Floor, Tulsi Building, Vs. Bhavan, Adajan, Surat-395009 Somnath Mahadev Ni Sheri, Mahidharpura, Surat – 395009. Appellant/Co-Objector (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Ahapj8569Q िनधा"रती क" ओर से /Assessee By Shri Sapnesh R. Sheth, Ca राज"व क" ओर से /Respondent By Shri Ashok B. Koli, Cit-Dr सुनवाई क" तारीख/Date Of Hearing 23/12/2022 उ"ोषणा क" तारीख/Date Of Pronouncement 23/ 01/2023

section 143(3) r.w.s. 147 of the IT Act For the reason discussed above, assessee's contention is rejected and as the assessee failed to explained that the purchase worth Rs.17,41,74,472/- are the genuine purchases therefore appropriate addition on ITA 89/SRT/2017 & CO. 10/SRT/2021/AY.2008-09 Anil Pukhraj Jain account of bogus purchase of Rs.17,41,74,472/- u/s. 69C

SHANTAI EXIM LTD.,,AHMEDABAD vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(2),, SURAT

In the result, ITA.No.436/SRT/2018 of the Department is dismissed

Bench: Shri Bhavnesh Saini & Shri O.P. Meena

purchases as bogus under section 69C.” 7.1. The aforesaid Judgment has been confirmed by the Hon’ble Supreme Court reported

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(2),, SURAT vs. SHANTAI EXIM LTD.,, AHMEDABAD

In the result, ITA.No.436/SRT/2018 of the Department is dismissed

Bench: Shri Bhavnesh Saini & Shri O.P. Meena

purchases as bogus under section 69C.” 7.1. The aforesaid Judgment has been confirmed by the Hon’ble Supreme Court reported

SHRI VIMALCHAND JAIN,,SURAT vs. ITO, WARD-3(3)(5),, SURAT

In the result the ground No

purchases amounting to Rs.2,92,93,288/- and taxing only 25% of these bogus claim goes against the principles of Section 68 and 69C

INCOME TAX OFFICER, SURAT vs. BORDA BROTHERS, VARACHHA ROAD, SURAT

In the result, both the appeals filed by the Department are dismissed

Bench: Shri Siddhartha Nautiyal & Shri Bijayananda Pruseth

purchases from bogus parties was liable to be added in the hands of the Assessee. reversing the order passed by (he Hon'ble ITAT that restricted addition to 25% holding that such restriction goes against the principles of Sections 68 and 69C

INCOME TAX OFFICER, WARD-3(3)(1), SURAT, SURAT vs. BORDA BROTHERS, SURAT

In the result, both the appeals filed by the Department are dismissed

Bench: Shri Siddhartha Nautiyal & Shri Bijayananda Pruseth

purchases from bogus parties was liable to be added in the hands of the Assessee. reversing the order passed by (he Hon'ble ITAT that restricted addition to 25% holding that such restriction goes against the principles of Sections 68 and 69C

LATE SHRI BHIMSEN DARBARILAL ARORA,,SURAT vs. THE ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-5,, SURAT

In the result, ground no.4 raised by assessee is allowed for statistical purposes

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.1706/Ahd/2016 "नधा"रणवष"/Assessment Year: (2010-11) (Physical Court Hearing) Bhimsen Darbarilal Arora Through, Vs. The Acit, Circle-5, L/H. Rajat Bhimsen Arora, Surat. Smt. Mamta Bhimsen Arora, A-201, Madhulika Apartment, Bhatar Road, Surat. (Appellant) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Acaps9230L

69C. In fact AO has nowhere referred about this section and in fact made disallowance out of purchases treating them unverifiable. Finding of excess stock & cash by itself is good ground for rejection of books of a/c especially when such excess stock & cash has not been incorporated in the books. Hence, the action

ACIT, CIRCLE-1(2), SURAT vs. LYPSA GEMS, SURAT

In the result, grounds of appeal raised by Revenue are partly allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) A.C.I.T. M/S Lypsa Gems, Circle-1(2), Plot No. 230, Special Economic Vs. Surat. Zone, Sachin, Surat-394230. Pan : Aaefl 0483 G Appellant Respondednt

69C on account of ITA 446SRT/2019 ACIT Vs M/s Lypsa Gems bogus purchases claimed by the assessee on the ground that since source of payments for purchase are duly explained in the books of accounts, the provision of section

SMT. HEMANGINIBEN B. PATEL,SURAT vs. DCIT,CENTRAL CIRCLE-3, SURAT

In the result, appeal filed by the assessee in in ITA No

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.576/Srt/2018 ("नधा"रणवष" / Assessment Year: (2014-15) (Virtual Court Hearing) Smt.Hemanginiben B Patel, V The Deputy Commissioner Of 28, Sangam Society, Parle Point, Surat. Income Tax, Circle-3, Surat. S. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Afipp 2238 Q (Assessee) (Respondent) आयकरअपीलसं./Ita No.577/Srt/2018 ("नधा"रणवष" / Assessment Year: (2014-15) Smt. Bhavnaben Arvindbhai Patel, V The Deputy Commissioner Of 27, Adarshnagar Society, Ambatalawadi S. Income Tax, Central Circle-1, Katargam, Surat – 395004. Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Ablpp 4358 M (Assessee) (Respondent) आयकरअपीलसं./Ita No.578/Srt/2018 ("नधा"रणवष" / Assessment Year: (2014-15) Smt. Ritaben Niravbhai Patel, V The Deputy Commissioner Of 1003-1004, Santvan Heights, S. Income Tax, Central Circle-1, Laxmikant Ashram Road, Katargam, Surat. Surat – 395004. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Alxpp 0357 M (Assessee) (Respondent) Assessee By : Shri Vartik Choksi - Ca Respondent By : Ms.Anupama Singla – Sr.Dr सुनवाईक"तार"ख/ Date Of Hearing : 07/07/2021 घोषणाक"तार"ख/Date Of Pronouncement : 30/07/2021 आदेश / O R D E R Per Dr. A. L. Saini: Captioned Three Appeals Filed By Different Assessees, Pertaining To Assessment Year 2014-15, Are Directed Against The Separate Orders Passed By The Ld.Commissioner Of Income Tax (Appeals) [Ld. Cit(A)], Which In Turn Arise Out Of Separate Penalty Order & Assessment Orders Passed By The Assessing Officer Under

bogus purchases under section 69C of the Act. 10. Grounds of appeal raised by the assessee in ITA No.578/SRT/2018 for the A.Y. 2014-15 in case

SMT. BHAVNABEN ARVINDBHAI PATEL,SURAT vs. DEPUTY COMMISSIONER OF INCOME TAX,CENTRAL CIRCLE-1, SURAT

In the result, appeal filed by the assessee in in ITA No

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.576/Srt/2018 ("नधा"रणवष" / Assessment Year: (2014-15) (Virtual Court Hearing) Smt.Hemanginiben B Patel, V The Deputy Commissioner Of 28, Sangam Society, Parle Point, Surat. Income Tax, Circle-3, Surat. S. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Afipp 2238 Q (Assessee) (Respondent) आयकरअपीलसं./Ita No.577/Srt/2018 ("नधा"रणवष" / Assessment Year: (2014-15) Smt. Bhavnaben Arvindbhai Patel, V The Deputy Commissioner Of 27, Adarshnagar Society, Ambatalawadi S. Income Tax, Central Circle-1, Katargam, Surat – 395004. Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Ablpp 4358 M (Assessee) (Respondent) आयकरअपीलसं./Ita No.578/Srt/2018 ("नधा"रणवष" / Assessment Year: (2014-15) Smt. Ritaben Niravbhai Patel, V The Deputy Commissioner Of 1003-1004, Santvan Heights, S. Income Tax, Central Circle-1, Laxmikant Ashram Road, Katargam, Surat. Surat – 395004. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Alxpp 0357 M (Assessee) (Respondent) Assessee By : Shri Vartik Choksi - Ca Respondent By : Ms.Anupama Singla – Sr.Dr सुनवाईक"तार"ख/ Date Of Hearing : 07/07/2021 घोषणाक"तार"ख/Date Of Pronouncement : 30/07/2021 आदेश / O R D E R Per Dr. A. L. Saini: Captioned Three Appeals Filed By Different Assessees, Pertaining To Assessment Year 2014-15, Are Directed Against The Separate Orders Passed By The Ld.Commissioner Of Income Tax (Appeals) [Ld. Cit(A)], Which In Turn Arise Out Of Separate Penalty Order & Assessment Orders Passed By The Assessing Officer Under

bogus purchases under section 69C of the Act. 10. Grounds of appeal raised by the assessee in ITA No.578/SRT/2018 for the A.Y. 2014-15 in case

SMT. RITA BEN NIRAVBHAI PATEL,SURAT vs. DEPUTY COMMISSIONER OF INCOME TAX,CENTRAL CIRCLE-1, SURAT

In the result, appeal filed by the assessee in in ITA No

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.576/Srt/2018 ("नधा"रणवष" / Assessment Year: (2014-15) (Virtual Court Hearing) Smt.Hemanginiben B Patel, V The Deputy Commissioner Of 28, Sangam Society, Parle Point, Surat. Income Tax, Circle-3, Surat. S. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Afipp 2238 Q (Assessee) (Respondent) आयकरअपीलसं./Ita No.577/Srt/2018 ("नधा"रणवष" / Assessment Year: (2014-15) Smt. Bhavnaben Arvindbhai Patel, V The Deputy Commissioner Of 27, Adarshnagar Society, Ambatalawadi S. Income Tax, Central Circle-1, Katargam, Surat – 395004. Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Ablpp 4358 M (Assessee) (Respondent) आयकरअपीलसं./Ita No.578/Srt/2018 ("नधा"रणवष" / Assessment Year: (2014-15) Smt. Ritaben Niravbhai Patel, V The Deputy Commissioner Of 1003-1004, Santvan Heights, S. Income Tax, Central Circle-1, Laxmikant Ashram Road, Katargam, Surat. Surat – 395004. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Alxpp 0357 M (Assessee) (Respondent) Assessee By : Shri Vartik Choksi - Ca Respondent By : Ms.Anupama Singla – Sr.Dr सुनवाईक"तार"ख/ Date Of Hearing : 07/07/2021 घोषणाक"तार"ख/Date Of Pronouncement : 30/07/2021 आदेश / O R D E R Per Dr. A. L. Saini: Captioned Three Appeals Filed By Different Assessees, Pertaining To Assessment Year 2014-15, Are Directed Against The Separate Orders Passed By The Ld.Commissioner Of Income Tax (Appeals) [Ld. Cit(A)], Which In Turn Arise Out Of Separate Penalty Order & Assessment Orders Passed By The Assessing Officer Under

bogus purchases under section 69C of the Act. 10. Grounds of appeal raised by the assessee in ITA No.578/SRT/2018 for the A.Y. 2014-15 in case

DCIT, CIRCLE-2(1)(2), SURAT vs. M/S. SHANTAI EXIM LIMITED, SURAT

In the result, appeal of the Revenue is dismissed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) The Deputy Commissioner Of Shantai Exim Limited, Income Tax, Plot No.435, Sawlani Vs Circle-2(1)(2), Compound, Gidc, Surat. Pandesara, Surat. Pan: Aaecm 1115 D Appellant/ Revenue Respondent/ Assessee

purchases as bogus under section 69C.” 7.1. The aforesaid Judgment has been confirmed by the Hon’ble Supreme Court reported

PANKAJ KANWARLAL JAIN HUF,SURAT vs. INCOME TAX OFFICER, WARD-2(3)(8), SURAT

In the result, appeal of Assessee allowed

Bench: Shri Bhavnesh Saini & Shri O.P. Meena

purchases as bogus under section 69C.” 7.1. The aforesaid Judgment has been confirmed by the Hon’ble Supreme Court reported

ASSISTANT COMMISSIONER OF INCOME TAX, CIR.1(1)(1),, SURAT vs. ENVIRO CONTROL PVT. LTD.,, SURAT

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

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Virtual Hearing) A.C.I.T., Enviro Control Pvt. Ltd., Circle-1(1)(1), Enviro House, Opp. Bank Of Vs. Surat. Maharashtra, Ghod Dod Road, Surat-395007. Pan No. Aaace 8700 C Appellant/ Assessee Respondent/ Revenue

bogus purchases and made addition under Section 69C of the Act on account of unexplained expenditure. 5. Aggrieved by the additions

PANKAJ KUMAR JAIN,SURAT vs. ITO, WARD-2(3)(8), SURAT

Accordingly, following the same, this ground is appeal of assessee is allowed

Bench: Shri Sandeep Gosain & Shri O.P.Meenaआ.अ.सं./I.T.A No.189/Srt/2019 "नधा"रण वष"/Assessment Year: 2014-15 Pankaj Kanwarlal Jain(Huf), V The Income Tax Officer, Pro. Of M/S.Mahek Diamond, S Ward-2(3)(8), Surat. 302, Santok Diamond, . Somnath Mahadevni Sheri, Haripura, Surat. [Pan: Aahhp 8601 E] अपीलाथ" / Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.268/Srt/2019 "नधा"रण वष"/Assessment Year: 2014-15 The Income Tax Vs Pankaj Kanwarlal Jain(Huf), Officer, . Pro. Of M/S.Mahek Diamond, Ward-2(3)(8), Surat. 302, Santok Diamond, Somnath Mahadevni Sheri, Haripura, Surat. [Pan: Aahhp 8601 E] अपीलाथ" / Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.188/Srt/2019 "नधा"रण वष"/Assessment Year: 2011-12 Pankaj Kanwarlal Jain, V The Income Tax Officer, Ward-2(3)(8), Surat. Pro. Of M/S.Madhav Gems, S 203, Nishit Diamond Complex, . B/H World Diamond Centre, Hat Falia, Hripura, Surat. [Pan: Aczpj 5175 G] अपीलाथ" / Appellant ""यथ"/Respondent

purchases as bogus under section 69C.” 7.1. The aforesaid Judgment has been confirmed by the Hon’ble Supreme Court reported