HARIKRISHNA JEWELS,SURAT vs. PR. COMMISSIONER OF INCOME TAX,, SURAT

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

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita No.354/Srt/2023 Assessment Year: 2012-13 (Physical Court Hearing) Harikrishna Jewels, Principal Commissioner Of 201, Sunstar Building, Opp. बनाम/ Income Tax-1,, Surat, Room New Patidar Bhavan, No.123, Aaykar Bhawan, Near Vs. Mahidharpura, Surat-395 Majura Gate, Opp. New Civil 003 Hospital, Surat -395 001 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aagfh 3864 F (अपीलाथ"/Appellant) (""थ" /Respondent) िनधा"रती की ओर से /Assessee By Shri Rasesh Shah, Ca राज" की ओर से /Revenue By Shri Ravi Kant Gupta, Cit-Dr सुनवाई की तारीख/Date Of Hearing 10.02.2025 उद्घोषणा की तारीख/Date Of Pronouncement 15.04.2025

disallowance of Rs.5,51,33,350/-. The appellant submitted that the regular tax consultant was unaware of the provisions of direct appeal before the Tribunal against the order u/s 263 of the Act. When the appellant approached a new tax consultant, he advised not only to file appeal before CIT(A) but also to file belatedly appeal against the order

HARMONY YARNS PVT. LTD.,SURAT vs. PR. COMMISSIONER OF INCOME TAX -1, SURAT

In the result, the appeal filed by the assessee is partly allowed in above terms

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.348/Srt/2023 Assessment Year: (2018-19) (Physical Hearing) Harmony Yarns Private Vs. The Pcit-1, Limited, Surat Plot-65, 1St Floor Subhash Nagar Society, Ghod Dod Road, Nr. Ram Chowk, Surat – 395001. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaach5895F (Appellant) (Respondent) Appellant By Shri Rasesh Shah, Ca Respondent By Shri Airiju Jaikaran, Cit(Dr) Date Of Hearing 12/10/2023 23/11/2023 Date Of Pronouncement

u/s 263 of the Act is found missing /absent and, therefore, the Ld. PCIT ought not to have exercised his revisional jurisdiction under section 263 of the Act and, therefore, we cancel the impugned revisional order dated 27.03.2017 of the ld. PCIT. Therefore, we are inclined to allow the appeal of the assessee.” 14. Reliance is also placed

ENVIRO CONTROL PRIVATE LIMITED,SURAT vs. PRINCIPAL COMMISSIONER OF INCOME- 1, SURAT

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

Bench: Shri Pawan Singh, Jm &Dr. A.L.Saini, Am आयकर अपीलसं./Ita No.113/Srt/2022 (िनधा"रणवष" / Assessment Year: (2017-18) (Virtual Court Hearing) Enviro Control Pvt. Ltd., Principal Commissioner Of Income- Tax-I, Surat Aayakar Bhawan, Majura Nr. Titan Showroom Ghod Dod Road, Vs. Gate, Opp. New Civil Hospital, Surat- Surat-395001 395001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaace 8700 C (Appellant ) (Respondent)

revision of order u/s 263 of the Act were initiated by issuing show cause notice bearing DIN No.ITBA/REV/F/REV1/2021-22/040734126(1) dated 15.03.2022 and duly served through e-proceedings. 7. In response to the notice, the assessee-company submitted its reply through e- proceedings. 8. However, Ld.PCIT rejected the contention of the assessee and noted that as per Balance-Sheet

NYA INTERNATIONAL,SURAT vs. PRINCIPAL COMMISSIONER OF INCOME TAX - 1, SURAT

In the result, appeal filed by the assessee is allowed

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.57/Srt/2022 "नधा"रणवष"/Assessment Year: (2012-13) (Physical Court Hearing) Nya International, Vs. The Pcit-1, Unit No.360, Plot No.239, Sez, Gidc Surat. Sachin, Suarat – 394230. (Assessee) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aahfn1681M

disallowance u/s 10AA of Rs.87,21,44,414/-. 6. After this, the Learned Principal Commissioner of Income-Tax (in short “Ld PCIT”) has exercised his jurisdiction under section 263 of the Income-tax Act, 1961. The ld PCIT, on perusal of records, observed that during the year, the assessee firm were maintaining three bank accounts bearing No.50008887434 & 50103210589 with Allahabad

JAYVADAN AMRATLAL RUGHNATHWALA,SURAT vs. PCIT-1, SURAT, SURAT

In the result, the appeal of the assessee is allowed

Bench: Ms Suchitra Raghunath Kamble & Shri Bijayananda Prusethआयकर अपील सं./Ita No.348/Srt/2025 Assessment Year: (2018-19) (Hybrid Hearing) Jayvadan Amratlal Rughnathwala, Vs. The Pcit - 1, 6/7, Khatodara Ind Service Society, Surat B/H Sub Jail Khatodara, Surat – 395002 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaqpr4348L (Appellant) (Respondent) Appellant By Shri Rasesh Shah, Ca Respondent By Shri Ravinder Sindhu, Cit-Dr Date Of Hearing 26/08/2025 Date Of Pronouncement 19/11/2025

disallowed and treated as income of assessee u/s 69C of the Act. Scrutiny assessment u/s 147 r.w.s. 144B of the Act was completed on 20.03.2023, determining the total income at Rs.32,53,152/- after making addition of Rs.14,48,152/- u/s 69C of the Act and tax was levied u/s 115BBE of the Act. Penalty proceedings were separately initiated u/s

M/S. SHHLOK TRITON ASSOCIATES,SURAT vs. PR. CIT-1, SURAT, SURAT

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

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.220/Srt/2019 ("नधा"रणवष" / Assessment Year: (2014-15) (Physical Court Hearing) M/S Shhlok Triton Principal Commissioner Of Income- Tax-1, Surat, Room No.123, 1St Floor, Associates, F.P.No.388, Vs. Paikee Udhna Darwaja, Aayakar Bhawan, Majura Gate, Ring Road, Surat-395002 Surat-395002 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aclfs 6819 A (अपीलाथ" /Appellant) (""थ" /Respondent) िनधा"रती की ओर से /Assessee By : Shri Rasesh Shah, C.A राज"व क" ओर से /Respondent By: Shri Ashok B. Koli, Cit-D.R

revision u/s. 263 of the Act. A complete detail of the facts on account of which the remedial action u/s. 263 of the Act proposed was discussed in the show-cause tetter. The said notice was handed over to the jurisdictional Assessing Officer concerned to serve the same upon the assessee firm. The Assessing Officer concerned duly served the notice

SWASTIK CORPORATION,VAPI vs. PR. CIT 3, VALSAD

In the result, appeal of the assessee is allowed

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.21/Srt/2021 ("नधा"रणवष" / Assessment Year: (2012-13) (Virtual Court Hearing) M/S Swastik Corporation The Principal Commissioner Of Income Tax-3, Room No.301, 3Rd Floor, Palak A-305, Surya Co-Operative Vs. Housing Society Ltd., Plot Arcade, Pali Hill Shanti Nagar, Tithal No.61, Vapi-396195 Road,Valsad-396001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Abtfs 1028 G अपीलाथ"/ Appellant ""थ" / Respondent

revision proceedings. The assessee, was aggrieved by the said part addition, therefore, the assessee filed the appeal against the order passed u/s 144 r.w.s. 147 dated 30.08.2017, before the ld CIT(A). The ld CIT(A), after taking into account the submission made by the assessee, has deleted the addition. The ld PCIT has exercised his jurisdiction u/s 263

RAJHANS METALS,,NA vs. ARIVS.THE PR. CIT-1,, VALSAD

In the result, the appeal filed by the assessee is allowed

revision proceedings, in response to notice issued u/s 263, the assessee, vide letter dated 09.02.2017, explained the payments made to four parties and expenses in regard to Uday Earth Movers and Sawariya Earth Movers. In respect of the alleged four parties, it was submitted that only small amount of cash was paid to these parties, which were within the limits

M/S. GUJARAT CHEMICAL PORT TERMINAL CO.LTD.,,BHARUCH vs. THE CIT-I, BARODA

In the result, Cross Objection appeal of the assessee is allowed

Bench: Shri Sandeep Gosain, Hon'Ble & Shri O.P.Meena, Hon'Bleआ.अ.सं./I.T.A No.1501/Ahd/2014 "नधा"रण वष"/Assessment Year: 2009-10 M/S.Gujarat Chemical Port Terminal V The Commissioner Of Income Tax, Vadodara. Company Ltd., S Po Lakhigam, Via Dahej, . Bharuch – 392 130. [Pan: Aaacg 6861 A] अपीलाथ" / Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.2998/Ahd/2014 "नधा"रण वष"/Assessment Year: 2010-11 The Deputy Commissioner Of Income V M/S.Gujarat Chemical Port Tax, Circle-1(1), Baroda. S Terminal Company Ltd., . Po Lakhigam, Via Dahej, Bharuch – 392 130. [Pan: Aaacg 6861 A] अपीलाथ" / Appellant ""यथ"/Respondent Cross Objection No.30/Ahd/2015 (Arising Out Of Ita No.2998/Ahd/2014) "नधा"रण वष"/Assessment Year: 2010-11 M/S.Gujarat Chemical Port Vs. The Deputy Commissioner Of Terminal Company Ltd., Income Tax, Circle-1(1), Po Lakhigam, Via Dahej, Baroda. Bharuch – 392 130. [Pan: Aaacg 6861 A] अपीलाथ" / Appellant ""यथ"/Respondent

revising the assessment by invoking powers u/s. 263 of the Income Tax Act, 1961 ("the Act") which was completed by way of assessment made u/s 143(3) despite the fact that the conditions stipulated for invoking such extraordinary jurisdiction were not satisfied. 2. The learned CIT erred in fact and in law in setting aside the assessment u/s

THE DCIT, CIRCLE-1(1),, BARODA vs. GUJARAT CHEMICAL PORT TERMINAL CO.LTD.,, BHARUCH

In the result, Cross Objection appeal of the assessee is allowed

Bench: Shri Sandeep Gosain, Hon'Ble & Shri O.P.Meena, Hon'Bleआ.अ.सं./I.T.A No.1501/Ahd/2014 "नधा"रण वष"/Assessment Year: 2009-10 M/S.Gujarat Chemical Port Terminal V The Commissioner Of Income Tax, Vadodara. Company Ltd., S Po Lakhigam, Via Dahej, . Bharuch – 392 130. [Pan: Aaacg 6861 A] अपीलाथ" / Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.2998/Ahd/2014 "नधा"रण वष"/Assessment Year: 2010-11 The Deputy Commissioner Of Income V M/S.Gujarat Chemical Port Tax, Circle-1(1), Baroda. S Terminal Company Ltd., . Po Lakhigam, Via Dahej, Bharuch – 392 130. [Pan: Aaacg 6861 A] अपीलाथ" / Appellant ""यथ"/Respondent Cross Objection No.30/Ahd/2015 (Arising Out Of Ita No.2998/Ahd/2014) "नधा"रण वष"/Assessment Year: 2010-11 M/S.Gujarat Chemical Port Vs. The Deputy Commissioner Of Terminal Company Ltd., Income Tax, Circle-1(1), Po Lakhigam, Via Dahej, Baroda. Bharuch – 392 130. [Pan: Aaacg 6861 A] अपीलाथ" / Appellant ""यथ"/Respondent

revising the assessment by invoking powers u/s. 263 of the Income Tax Act, 1961 ("the Act") which was completed by way of assessment made u/s 143(3) despite the fact that the conditions stipulated for invoking such extraordinary jurisdiction were not satisfied. 2. The learned CIT erred in fact and in law in setting aside the assessment u/s

SHIVAM RESIDENTIAL CONSTRUCTION (INDIA) PVT. LTD.,VALSAD vs. PRINCIPAL COMMISSIONER OF INCOME TAX, VALSAD

In the result, appeal of the assessee is dismissed

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.396/Srt/2018 ("नधा"रणवष" / Assessment Year: (2013-14) (Virtual Court Hearing) Shivam Residential Construction Principal Commissioner Of (India) Pvt. Ltd., New Civil Income-Tax-Valsad, Palak Vs. Hospital Road, Nanakwada, Valsad Arcade, Pali Hill, Santinagar, Tithal Road, Valsad-396001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aapcs 3137 G (Appellant) (Respondent) िनधा"रती की ओर से /Assessee By : Shri Milin Mehta, C.A राज"व क" ओर से /Respondent By: Shri Ashish Pophare, Cit-D.R

revising the assessment by invoking powers u/s 263 Act despite the fact that the conditions stipulated for invoking such extra-ordinary jurisdiction were not satisfied. ITA No.396/SRT/2018 A.Y.13-14 Shivam Residential Construction (India) Pvt. Ltd. 3. The learned CIT erred in fact and in law in setting aside the assessment u/s 143(3) of the Act and directing a fresh assessment

CONDOR FOOTWEAR (INDIA) LIMITED,SURAT vs. THE PCIT, SURAT-1, SURAT, SURAT

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

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita No.336/Srt/2024 (Assessment Year: 2018-19) (Physical Hearing) Condor Footwear (India) Limited, Vs. The Pcit – 1, Plot No. A-5/3, Road No.10, Main Surat Gate No.2, Hojiwala Industrial Esta, Vanz, Surat, B.O. - 394230 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaacc9540N (Appellant) (Respondent) Appellant By Shri P. M. Jagasheth, Ca Respondent By Shri Ravi Kant Gupta, Cit-Dr Date Of Hearing 10/12/2024 Date Of Pronouncement 07/01/2025

disallowance of deduction u/s 80G at Rs.25,00,000/- instead of Rs.5,86,500/-. 5. We have heard both parties and perused the materials available on record. The appellant had admitted before the PCIT during revision proceedings u/s 263

SRINU VENKATAIAH MARGAM,SURAT vs. PCIT-1, SURAT

In the result, the appeal of the assessee stands allowed

Bench: Shri Sanjay Garg & Shri Bijayananda Pruseth

disallowed the same, amounting to Rs. 4,09,726 /-. 5. Thereafter, the Ld. PCIT exercised his Revision Jurisdiction u/s 263

NAYNABEN ARUNBHAI JAIN,AHURA NAGAR SOCIETY vs. PCIT SURAT-1, AAYAKAR BHAVAN

In the result, the appeal of the assessee is allowed

Bench: Shri Dinesh Mohan Sinha & Shri Bijayananda Prusethआयकर अपील सं./Ita No.571 & 572/Srt/2024 Assessment Years: (2013-14 & 2014-15) (Hybrid Hearing) Naynaben Arunbhai Jain Principal Commissioner Of बनाम/ 255-257, Ahura Nagar Society Income-Tax, Surat-1, Income Tax Vs. Surat – 395009 Office, 123, 1Stfloor, Aaykar Bhavan, Majura Gate, Surat- 395001 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Acnpj 5784 D (अपीलाथ"/Appellant) (""थ" /Respondent) िनधा"रती की ओर से / Appellant By Shri Rasesh Shah, Ca राज" की ओर से /Respondent By Shri Ravinder Sindhu, Cit-Dr सुनवाई की तारीख/Date Of Hearing 23/07/2025 उद्घोषणा की तारीख/Date Of Pronouncement 19/09/2025

revision order to pass fresh assessment order after taking into consideration, the issues as may be considered together with the issues discussed in order. 3. It is therefore prayed that above order passed by Pr.CIT u/s 263 may please be quashed or set aside as your honours deems it proper. 4. Appellant craves leave to add, alter or delete

NAYNABEN ARUNBHAI JAIN,AHURA NAGAR SOCIETY vs. PCIT SURAT-1, AAYAKAR BHAVAN

In the result, the appeal of the assessee is allowed

Bench: Shri Dinesh Mohan Sinha & Shri Bijayananda Prusethआयकर अपील सं./Ita No.571 & 572/Srt/2024 Assessment Years: (2013-14 & 2014-15) (Hybrid Hearing) Naynaben Arunbhai Jain Principal Commissioner Of बनाम/ 255-257, Ahura Nagar Society Income-Tax, Surat-1, Income Tax Vs. Surat – 395009 Office, 123, 1Stfloor, Aaykar Bhavan, Majura Gate, Surat- 395001 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Acnpj 5784 D (अपीलाथ"/Appellant) (""थ" /Respondent) िनधा"रती की ओर से / Appellant By Shri Rasesh Shah, Ca राज" की ओर से /Respondent By Shri Ravinder Sindhu, Cit-Dr सुनवाई की तारीख/Date Of Hearing 23/07/2025 उद्घोषणा की तारीख/Date Of Pronouncement 19/09/2025

revision order to pass fresh assessment order after taking into consideration, the issues as may be considered together with the issues discussed in order. 3. It is therefore prayed that above order passed by Pr.CIT u/s 263 may please be quashed or set aside as your honours deems it proper. 4. Appellant craves leave to add, alter or delete

MOHMEDAMIN MOHMEDUMAR GENERAL,SURAT vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE), SURAT

In the result, appeal filed by the assessee is allowed

Bench: Shri Dinesh Mohan Sinha & Shri Bijayananda Pruseth

disallowance of Rs.66,48,170/- on account of additional depreciation claimed u/s. 32(1)(iia) In the Return of Income. 3. On the facts and circumstances of the case as well as law on the subject, the learned Pr. CIT has erred in setting aside the order passed u/s. 143(3) r.w.s. ITA No.522/SRT/2025/AY 2018-19 Mohmedamin Mohmedmar General . 144B

M/S SUMILON INDUSTRIES PVT. LTD.,SURAT vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX - 1, SURAT

In the result, appeal of the assessee is allowed

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.87/Srt/2022 ("नधा"रणवष" / Assessment Year: (2017-18) (Physical Court Hearing) M/S Sumilon Industries Pvt. Principal Commissioner Of Ltd. 6-121-A, Vairagini Wadi, Income-Tax-1, Aaykar Bhavan, Vs. Delhi Gate, Surat-395003 Majura Gate, Surat-395001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aadcs3567 L (Appellant) (Respondent) िनधा"रती की ओर से /Assessee By : Shri Mukund Bakshi, C.A राज"व क" ओर से /Respondent By: Shri Ashok B. Koli, Cit-D.R

revision under section 263 on ground that disallowance under section 14Awasnot made by Assessing Officer keeping in view Circular No.5/2014 (F.No.225/182/2013-IITA.II), dated 12-2-2014 as well as provision laid down in Act. It was noted that during relevant year assessee did not earn any dividend income from its investments, thus, no disallowance was to be made u/s

SHRI HEMRAJSINH KIRANSINH RATHOD,DADRA & NAGAR HAVELI vs. PRINCIPAL COMMISSIONER OF INCOME TAX, VALSAD

In the result, appeal filed by the Assessee is allowed

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.239/Srt/2023 Assessment Year: (2018-19) (Virtual Hearing) Hemrajsinh Kiransinh Rathod, Vs. The Pcit, Krishna Petroleum, Iocl Dealer, Valsad Near Jalaram Temple, Waghdhara Road, Village Dadra - 396193, Ut Of Dadra & Nagar Haveli "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aihpr4957N (Appellant) (Respondent) Appellant By Shri Hardik Vora, Advocate Respondent By Shri Ashok B. Koli, Cit(Dr) 14/08/2023 Date Of Hearing Date Of Pronouncement 26/09/2023

revision order passed by the learned Principal Commissioner of Income Tax, Valsad u/s 263 of the Act for assessment year 2018-19 without considering out detailed submission made in reply to the show cause notice issued. 2. On facts and circumstances of the case as well as law on the subject, the Principal Commissioner of Income Tax, Valsad erred

VAPI GREEN ENVIRO LIMITED,VAPI vs. PCIT, VALSAD

In the result, appeal of the assessee is allowed

Bench: Shri T. R. Senthil Kumar & Shri Bijayananda Prusethआयकर अपील सं./Ita No.582/Srt/2024 Assessment Year: (2014-15) (Hybrid Hearing) Vapi Green Enviro Limited, Vs. Pcit, 135, 1St Floor, Via House Gidc Char Valsad Rasta, Vapi – 396195, Gujarat "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aaacv8289P (Appellant) (Respondent) Appellant By Ms Arti N. Shah, Ca Respondent By Shri Ashish Pophare, Cit-Dr Date Of Hearing 30/06/2025 Date Of Pronouncement 12/08/2025

revision u/s 263 of the Act is not permissible. She also submitted that the Hon’ble High Court has passed order in R/Tax Appeal No.689 of 2012, dated 14.10.2024 in favour of the assessee after order of the PCIT u/s 263 of the Act on 20.03.2024. In view of these facts, she submitted that the order of PCIT cannot