SHRI RATILAL KHUSHALDAS MALI,,NA vs. ARIVS.THE ACIT, NAVSARI CIRCLE,, NAVSARI

In the result, appeals of the assessee for A

Bench: Shri Sandeep Gosain & Shri O.P.Meena, Accoutant Member आ.अ.सं/.I.T.A No.1638,2124,2126,2128/Ahd/2014 िनधा"रण वष"/Assessment Year:1994-95,1995-96, 1996-97 & 1997-98 Shri Ratilal Khushaldas Mali, बनाम Assistant Commissioner Opp. Hanuman Temple, Mota Of Income Tax, Navsari Vs. Bazar, Navsari Circle- Navsari Pan: Adbpm 3081 F अपीलाथ" Appellant ""यथ"/Respondent

capital gains, therefore, he had a bonafide belief that he is not required to get audited his books of accounts as required as per provisions of section 44AB of the Act. The penalty for non-compliance cannot be levied without reading the provisions of Section 271B and 273B

SHRI RATILAL KHUSHALDAS MALI,,NA vs. ARIVS.THE ACIT, NAVSARI CIRCLE,, NAVSARI

In the result, appeals of the assessee for A

Bench: Shri Sandeep Gosain & Shri O.P.Meena, Accoutant Member आ.अ.सं/.I.T.A No.1638,2124,2126,2128/Ahd/2014 िनधा"रण वष"/Assessment Year:1994-95,1995-96, 1996-97 & 1997-98 Shri Ratilal Khushaldas Mali, बनाम Assistant Commissioner Opp. Hanuman Temple, Mota Of Income Tax, Navsari Vs. Bazar, Navsari Circle- Navsari Pan: Adbpm 3081 F अपीलाथ" Appellant ""यथ"/Respondent

capital gains, therefore, he had a bonafide belief that he is not required to get audited his books of accounts as required as per provisions of section 44AB of the Act. The penalty for non-compliance cannot be levied without reading the provisions of Section 271B and 273B

SHRI RATILAL KHUSHALDAS MALI,,NA vs. ARIVS.THE ACIT, NAVSARI CIRCLE,, NAVSARI

In the result, appeals of the assessee for A

Bench: Shri Sandeep Gosain & Shri O.P.Meena, Accoutant Member आ.अ.सं/.I.T.A No.1638,2124,2126,2128/Ahd/2014 िनधा"रण वष"/Assessment Year:1994-95,1995-96, 1996-97 & 1997-98 Shri Ratilal Khushaldas Mali, बनाम Assistant Commissioner Opp. Hanuman Temple, Mota Of Income Tax, Navsari Vs. Bazar, Navsari Circle- Navsari Pan: Adbpm 3081 F अपीलाथ" Appellant ""यथ"/Respondent

capital gains, therefore, he had a bonafide belief that he is not required to get audited his books of accounts as required as per provisions of section 44AB of the Act. The penalty for non-compliance cannot be levied without reading the provisions of Section 271B and 273B

SHRI RATILAL KHUSHALDAS MALI,,NA vs. ARIVS.THE ACIT, NAVSARI CIRCLE,, NAVSARI

In the result, appeals of the assessee for A

Bench: Shri Sandeep Gosain & Shri O.P.Meena, Accoutant Member आ.अ.सं/.I.T.A No.1638,2124,2126,2128/Ahd/2014 िनधा"रण वष"/Assessment Year:1994-95,1995-96, 1996-97 & 1997-98 Shri Ratilal Khushaldas Mali, बनाम Assistant Commissioner Opp. Hanuman Temple, Mota Of Income Tax, Navsari Vs. Bazar, Navsari Circle- Navsari Pan: Adbpm 3081 F अपीलाथ" Appellant ""यथ"/Respondent

capital gains, therefore, he had a bonafide belief that he is not required to get audited his books of accounts as required as per provisions of section 44AB of the Act. The penalty for non-compliance cannot be levied without reading the provisions of Section 271B and 273B

JAYA RINKUBHAI BANDUKWALA,SURAT vs. THE INCOME TAX OFFICER, WARD 3(3)(1) SURAT, SURAT

Bench: Shri Sanjay Garg & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.451 & 452/Srt/2025

capital gains and allowed indexed cost of acquisition. A perusal of that assessment order prima facie establishes that the Revenue itself has acknowledged the fractional ownership pattern. When co-owners of the same property are assessed on the same transaction, consistency demands that their cases be examined in a uniform manner unless differentiated by facts. The apparent inconsistency

GAURAVKUMAR MANILAL PATEL,TAPI vs. ITO, WARD 3(2)(7), SURAT

In the result, appeal of the assessee is partly allowed

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.931 To 934 & 935 To 936/Srt/2024 Assessment Years: (2012-13 & 2013-14) (Physical Hearing) Gauravkumar Manilal Patel, Vs. The Ito, 1, Post: Hathuka, Kanbi Faliya, Tal: Ward – 3(2)(7), Valod, Tapi - 394640 Surat "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aogpp5609G (Appellant) (Respondent)

capital gain. 8. It is therefore prayed that the above addition made by the Assessing Officer may please be deleted or reduced. 9. Appellant craves leave to add, alter or delete any ground(s) either before or in the course of hearing of the appeal.” ITA Nos.931 to 936/SRT/2024/AYs.2012-13 & 2013-14 Gauravkumar Manilal Patel 7. The ground of appeal

GAURAVKUMAR MANILAL PATEL,TAPI vs. ITO, WARD 3(2)(7), SURAT

In the result, appeal of the assessee is partly allowed

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.931 To 934 & 935 To 936/Srt/2024 Assessment Years: (2012-13 & 2013-14) (Physical Hearing) Gauravkumar Manilal Patel, Vs. The Ito, 1, Post: Hathuka, Kanbi Faliya, Tal: Ward – 3(2)(7), Valod, Tapi - 394640 Surat "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aogpp5609G (Appellant) (Respondent)

capital gain. 8. It is therefore prayed that the above addition made by the Assessing Officer may please be deleted or reduced. 9. Appellant craves leave to add, alter or delete any ground(s) either before or in the course of hearing of the appeal.” ITA Nos.931 to 936/SRT/2024/AYs.2012-13 & 2013-14 Gauravkumar Manilal Patel 7. The ground of appeal

GAURAVKUMAR MANILAL PATEL,TAPI vs. ITO, WARD 3(2)(6), SURAT

In the result, appeal of the assessee is partly allowed

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.931 To 934 & 935 To 936/Srt/2024 Assessment Years: (2012-13 & 2013-14) (Physical Hearing) Gauravkumar Manilal Patel, Vs. The Ito, 1, Post: Hathuka, Kanbi Faliya, Tal: Ward – 3(2)(7), Valod, Tapi - 394640 Surat "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aogpp5609G (Appellant) (Respondent)

capital gain. 8. It is therefore prayed that the above addition made by the Assessing Officer may please be deleted or reduced. 9. Appellant craves leave to add, alter or delete any ground(s) either before or in the course of hearing of the appeal.” ITA Nos.931 to 936/SRT/2024/AYs.2012-13 & 2013-14 Gauravkumar Manilal Patel 7. The ground of appeal

GAURAVKUMAR MANILAL PATEL,TAPI vs. ITO, WARD 3(2)(6), SURAT

In the result, appeal of the assessee is partly allowed

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.931 To 934 & 935 To 936/Srt/2024 Assessment Years: (2012-13 & 2013-14) (Physical Hearing) Gauravkumar Manilal Patel, Vs. The Ito, 1, Post: Hathuka, Kanbi Faliya, Tal: Ward – 3(2)(7), Valod, Tapi - 394640 Surat "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aogpp5609G (Appellant) (Respondent)

capital gain. 8. It is therefore prayed that the above addition made by the Assessing Officer may please be deleted or reduced. 9. Appellant craves leave to add, alter or delete any ground(s) either before or in the course of hearing of the appeal.” ITA Nos.931 to 936/SRT/2024/AYs.2012-13 & 2013-14 Gauravkumar Manilal Patel 7. The ground of appeal

GAURAVKUMAR MANILAL PATEL,SURAT vs. ITO, WARD 3(2)(7), SURAT

In the result, appeal of the assessee is partly allowed

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.931 To 934 & 935 To 936/Srt/2024 Assessment Years: (2012-13 & 2013-14) (Physical Hearing) Gauravkumar Manilal Patel, Vs. The Ito, 1, Post: Hathuka, Kanbi Faliya, Tal: Ward – 3(2)(7), Valod, Tapi - 394640 Surat "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aogpp5609G (Appellant) (Respondent)

capital gain. 8. It is therefore prayed that the above addition made by the Assessing Officer may please be deleted or reduced. 9. Appellant craves leave to add, alter or delete any ground(s) either before or in the course of hearing of the appeal.” ITA Nos.931 to 936/SRT/2024/AYs.2012-13 & 2013-14 Gauravkumar Manilal Patel 7. The ground of appeal

PRITI BHANSALI,BHARUCH vs. ITO, WARD 1 , BHARUCH

In the result, the appeal of the assessee is allowed and the penalty levied is deleted

Bench: Dr. B.R.R. Kumar, Vice-Ms Suchitra Kamblepriti Bhansali, Income Tax Officer, Vs. D 1, Rajashree Nagar, Ward-1, Umalla, Bharuch. Bharuch-39310. [Pan : Agspb2559 H] (Appellant) .. (Respondent) Appellant By : Shri Pradeep Kumar Jain, Ar Respondent By: Shri Ajay Uke, Sr. Dr Date Of Hearing 21.01.2026 Date Of Pronouncement 23.01.2026 O R D E R Per Dr. B.R.R. Kumar, Vice-:-

capital gains in his return of income. The name of the assessee was included in the property documents only for nominee purposes, as per the housing society rules. An ex-parte order under section 148A was passed on 01.04.2022, and consequential notices were uploaded on the income-tax portal. The assessee had Asst. Year : 2018-19 - 2– not activated

GAURAVKUMAR MANILAL PATEL,TAPI vs. INCOME TAX OFFICER, WARD 3(2)(7), SURAT

In the result, appeal of the assessee is dismissed

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.931 To 934 & 935 To 936/Srt/2024

capital gain. 8. It is therefore prayed that the above addition made by the Assessing Officer may please be deleted or reduced. 9. Appellant craves leave to add, alter or delete any ground(s) either before or in the course of hearing of the appeal.” 7. The ground of appeal in ITA No.936/SRT/2024 are as under: “1. On the facts