RAJENDRAPRASAD BABULAL KHETAN,SURAT vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIR. - 4, SURAT

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.142/Srt/2023 (Assessment Year: 2017-18) (Physical Hearing) Rajendraprasad Babulal Khetan, Vs. The Acit, E-2-1101, Capital Greens, Vesu Central Circle-4, – Bharthana, Surat – 395007. Surat "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Abqpk8161R (Appellant) (Respondent) आयकर अपील (खोज और ज"ती) सं./It(Ss)A Nos.32/Srt/2023 (Assessment Year: 2017-18) Rajendraprasad Babulal Khetan, Vs. The Acit, E-2-1101, Capital Greens, Vesu Central Circle-4, – Bharthana, Surat – 395007. Surat "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Abqpk8161R (Appellant) (Respondent)

302 (Guj. HC) (ii) Rejeev Tractors P. Ltd vs. ACIT (2022) 143 taxmann.com (Ahmedabad Trib.) (iii) CIT vs. Ved Prakash Chaudhary (2010) 3 taxmann.com 785 (SC) Therefore, based on the above factual position, the ld Counsel contended that ld CIT(A) has rightly deleted the addition. 20. Shri Malpani, also argued that addition to the tune of Rs.12

ITO, WARD-2(2)(3), SURAT vs. MAHESHCHAND G. PATEL (HUF), SURAT

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

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Physical Hearing) I.T.O., Maheshchandra G. Patel (Huf), Ward-2(2)(3), 22, Vrajbhumi, Tirumala Society, In Vs. Surat. Front Of Balaji Nagar, Piplod, Surat. Pan No. Aajhm 2315 P Appellant/ Assessee Respondent/ Revenue

capital gain, the assessee submitted that his case was reopened on the basis of information from third party, the information found from third party was merely rough jotting on some papers in the diary, there was no details like name and address of the persons, date of payments was not mentioned. The assessee verified such fact from his source that

GHANSHYAM MANUBHAI RADADIYA,SURAT vs. ITO, WARD 1(2)(2), SURAT

In the result, the appeal is partly allowed for statistical purpose

Bench: Ms. Suchitra Kamble & Shri Bijayananda Pruseth Assessment Year 2016-17

capital gain of Rs. 71,007/-. Notice u/s. 142(1) was issued to the assessee. The assessee filed details and the Assessing Officer observed that the assessee had taken unsecured loans from 4 parties. Show cause notice dated 15-12-2018 was issued to the assessee. In response to the show cause notice, the assessee filed submissions which was taken