ARVINDBHAI RAMNIKLAL RAVAL HUF,SURAT vs. INCOME TAX OFFICER, WARD-1(3)(6), SURAT, SURAT

In the result, appeal of assessee is allowed

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita No.19/Srt/2024 Assessment Year: (2017-18) (Physical Court Hearing) Arvindbhai Ramniklal Raval Income Tax Officer, Ward- बनाम/ (Huf)308, Chhapania Street, 1(3)(6), Surat, Room No.303, 3Rd Vs. Adajan, Surat-395 009 Floor, Income Tax Office, Anavil Business Centre, Adajan Hazira Road, Adajan, Surat-395 009 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aaeha 1847 D (अपीलाथ"/Appellant) (""थ" /Respondent)

v) Sanjeev Lal vs. CIT (2014) 46 taxmann.com 300 (SC). He submitted that all payments have been made and TDS was also deducted. Hence, conditions of Section 54F of the Act are fulfilled. 5. On the other hand, Ld.Sr-DR for the Revenue supported the order of lower authorities. He stated that the only issue in the appeal is claims

DCIT, CENTRAL CIRCLE - 3, SURAT, SURAT vs. SHIRI ASHESH NANALAL DOSHI, SURAT

In the result, the appeal of the revenue for AY 2016-17 is also dismissed

Bench: Shri Pawan Singh & Dr. Arjun Lal Sainiit(Ss)A No. 07/Srt /2021 (Assessment Year: 2015-16)

V. Vadecha recorded under Section 132(4) of the Act who also confirmed having 4% share in the land. The searched person never denied existence of MOU, therefore, the admission of partners in admitting the investment in the MOU cannot be taken lightly. The Assessing Officer further noted that summon under Section 131 of the Act was issued

DCIT, CENTRAL CIRCLE-3, SURAT vs. SHRI MAHENDRA CHAMPAKLAL MEHTA, SURAT

In the result, IT(SS)A No

Bench: Shri Pawan Singh & Dr. Arjun Lal Sainiit(Ss)A No. 06/Srt /2021 (Assessment Year: 2015-16)

house on the land owned by one Asheshbhai N. Doshi by contributing the development expenses in equal proportion and the profit on sale thereof, would be distributed amongst the partners as per their profit share in ratio. There is no evidence whatsoever suggesting any investment by the assessee as per the said deed. The land is still in the name

SMT. NAYANABEN F. PATEL,SURAT vs. PR. COMMISSIONER OF INCOME TAX, SURAT-1, SURAT

In the result, the grounds of appeal raised by the assessee is allowed,

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Physical Court) Smt. Nayanaben F. Patel, Pr.C.I.T. 1, Indraprashtha Society, Surat-1, Vs. Nr. Puna Patiya, Magob, Surat. Surat-395010. Pan: Bhrpp 4706 K Appellant Respondednt

2) dated 12/09/2018 is filed on record. The Assessing Officer during the assessment, issued notice under Section 142(1) dated 20/11/2018. In the said notice in question No. 4, the Assessing Officer raised the issue of long term capital gain and required copy of sale deed and copy of purchase deed for verification. The Assessing Officer also required the details

ACIT, CIR-1(3), SURAT vs. PRAVIN PANNALAL SHAH, SURAT

In the result, appeal of the Revenue is dismissed

Bench: Shri Pawan Singh, Jm & Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.289/Srt/2022 (िनधा"रणवष" / Assessment Year: (2014-15) (Virtual Court Hearing) Assistant Commissioner Of Shri Pravin Pannalal Shah Lal Bunglow, Athwalines, Income-Tax, Circle-1(3, Vs. Surat-395007 Room No.301, 3Rd Floor, Anavil Business Centre, Hajira Road, Adajan, Surat-395009 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Adrps 1045 H (अपीलाथ" /Assessee) (""थ"/Respondent)

house property’, income from ‘business and profession’ and income from ‘other sources’ comprising interest income. During the assessment proceedings, the assessing officer observed that assessee has purchased a property amounting to Rs.6,37,97,760/- during the assessment year under consideration. The source of the funds are mostly loans and gifts received by the assessee from various persons during

ASSISTANT COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-3,, SURAT vs. M/S DIANCO, , MUMBAI

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Virtual Hearing) A.C.I.T., M/S Dianco, Central Circle-4, C-210, Prasad Chambers, Opera Vs. Surat. House, Mumbai. Pan No. Aaafd 2501 R Appellant/ Assessee Respondent/ Revenue

House, Mumbai. PAN No. AAAFD 2501 R Appellant/ assessee Respondent/ revenue Assessee represented by Shri Vartik Choksi, A.R. Department represented by Shri Ashok B. Koli, CIT-DR Date of hearing 31/07/2023 Date of pronouncement 03/08/2023 Order under Section 254(1) of Income Tax Act PER: PAWAN SINGH, JUDICIAL MEMBER: 1. This appeal by the Revenue is directed against the order

THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(2),, SURAT vs. M/S. KEJRIWAL INDUSTRIES LTD.,, SURAT

In the result, the appeal of the Revenue is dismissed

Bench: Shri Sandeep Gosain & Shri O.P.Meena

47,49,50,51 and 52 without any discussion in the assessment order. There is no discussion about these loans as to why these were treated as explained, whereas fact and circumstances of other creditors are also same. The learned counsel vehemently supported the findings of Ld. 14. CIT (A) and placed reliance in the case of CIT v. Ranchhod

M/S. MAYUR CONSTRUCTION,,VALSAD vs. THE ACIT., VALSAD RANGE,, VALSAD

In the result, appeal of the assessee is allowed

Bench: Shri Pawan Singh, Hon'Ble & Shri Arjun Lal Saini, Hon'Ble(Virtual Hearing) आ.अ.सं./I.T.A No. 1042/Ahd/2016 "नधा"रण वष"/Assessment Year: 2010-11 Mayur Construction, V The Assistant Commissioner Of Income Tax, Valsad. 110, Amar Chamber,Valsad. S [Pan: Aadfm 9859 L] . अपीलाथ" / Appellant ""यथ"/Respondent

properties. The assessee filed its Return of Income for A.Y. 2010- 11 on 27.09.2010 declaring income of Rs.1.08 crores. In the computation of income the assessee claimed deduction under section 80IB(10) of Rs.24,66,080/-. 3. A survey under section 133A was carried out at the business premises of assessee on 10.11.2009. During survey certain incriminating material

SHRI RADHEYSHYAM BISANI,SURAT vs. INCOME TAX OFFICER, WARD - 1(2)(1), SURAT

In the result, this appeal of assessee is allowed

Bench: Shri Pawan Singh(Physical Hearing) Radheyshyam Bisani, I.T.O., B. 1102, Shyam Sangini Apartment, Ward-1(2)(1), Vs. Gd Goenka Canal Road, Vesu, Surat. Surat. Old Address: 204, Paras Market, Ring Road, Surat. Pan No. Aaspb 9157 F Appellant/ Assessee Respondent/ Revenue

property by way of investment. Similarly, where the assessee is not merely selling the movable commodities, but relating to other trading activities, e.g., where assessee is a land developer and he is engaged in business of acquiring land developing it and selling houses or purchasing or is indulged in leasing business or is indulged in stock market

BILAKHIA HOLDINGS PVT. LTD.,,VAPI vs. THE ADDL.CIT.,VAPI RANGE,, VAPI

In the result, the appeal of the assessee is allowed for assessment year 2010-11

Bench: Shri Sandeep Gosain & Shri O.P.Meena, Accoutant Member आ.अ.सं/.I.T.A No.507/Ahd/2013: िनधा"रण वष"/Assessment Year: 2008-09 आ.अ.सं/.I.T.A.No.1415Ahd/2015: िनधा"रण वष"/Assessment Year: 2009-10 आ.अ.सं/.I.T.A No.1416/Ahd/2015:िनधा"रण वष"/Assessment Year: 2010-11 आ.अ.सं/.I.T.A No.795/Ahd/2016: िनधा"रण वष"/Assessment Year: 2011-12 M/S. Bialkhia Holdings Pvt. Vs. Addl.Cit Range - Vapi / Ltd., Bilakhia House, Assistant Commissioner Of Muktanand Marg, Chala Income Tax Vapi Circle Vapi, Vapi, Gujarat. Shivam Commercial Complex, [Pan: Aadcs 4420 J] National Highway No.8, Vapi. अपीलाथ" Appellant ""यथ"/Respondent

House, Assistant Commissioner of Muktanand Marg, Chala Income Tax Vapi Circle Vapi, Vapi, Gujarat. Shivam Commercial Complex, [PAN: AADCS 4420 J] National Highway No.8, Vapi. अपीलाथ" Appellant ""यथ"/Respondent Shri A. Gopalakrishnan, CA िनधा"रती क" ओर से /Assessee by Shri O. P. Singh CIT (D.R.) राज"व क" ओर से /Revenue by 12.12.2019 सुनवाई क" तारीख/ Date of hearing

BILAKHIA HOLDINGS PVT. LTD.,VAPI vs. THE ACIT.,VAPI CIRCLE, VAPI

In the result, the appeal of the assessee is allowed for assessment year 2010-11

Bench: Shri Sandeep Gosain & Shri O.P.Meena, Accoutant Member आ.अ.सं/.I.T.A No.507/Ahd/2013: िनधा"रण वष"/Assessment Year: 2008-09 आ.अ.सं/.I.T.A.No.1415Ahd/2015: िनधा"रण वष"/Assessment Year: 2009-10 आ.अ.सं/.I.T.A No.1416/Ahd/2015:िनधा"रण वष"/Assessment Year: 2010-11 आ.अ.सं/.I.T.A No.795/Ahd/2016: िनधा"रण वष"/Assessment Year: 2011-12 M/S. Bialkhia Holdings Pvt. Vs. Addl.Cit Range - Vapi / Ltd., Bilakhia House, Assistant Commissioner Of Muktanand Marg, Chala Income Tax Vapi Circle Vapi, Vapi, Gujarat. Shivam Commercial Complex, [Pan: Aadcs 4420 J] National Highway No.8, Vapi. अपीलाथ" Appellant ""यथ"/Respondent

House, Assistant Commissioner of Muktanand Marg, Chala Income Tax Vapi Circle Vapi, Vapi, Gujarat. Shivam Commercial Complex, [PAN: AADCS 4420 J] National Highway No.8, Vapi. अपीलाथ" Appellant ""यथ"/Respondent Shri A. Gopalakrishnan, CA िनधा"रती क" ओर से /Assessee by Shri O. P. Singh CIT (D.R.) राज"व क" ओर से /Revenue by 12.12.2019 सुनवाई क" तारीख/ Date of hearing

BILAKHIA HOLDING P LTD,VAPI vs. THE JT.CIT.,VAPI RANGE,, VAPI

In the result, the appeal of the assessee is allowed for assessment year 2010-11

Bench: Shri Sandeep Gosain & Shri O.P.Meena, Accoutant Member आ.अ.सं/.I.T.A No.507/Ahd/2013: िनधा"रण वष"/Assessment Year: 2008-09 आ.अ.सं/.I.T.A.No.1415Ahd/2015: िनधा"रण वष"/Assessment Year: 2009-10 आ.अ.सं/.I.T.A No.1416/Ahd/2015:िनधा"रण वष"/Assessment Year: 2010-11 आ.अ.सं/.I.T.A No.795/Ahd/2016: िनधा"रण वष"/Assessment Year: 2011-12 M/S. Bialkhia Holdings Pvt. Vs. Addl.Cit Range - Vapi / Ltd., Bilakhia House, Assistant Commissioner Of Muktanand Marg, Chala Income Tax Vapi Circle Vapi, Vapi, Gujarat. Shivam Commercial Complex, [Pan: Aadcs 4420 J] National Highway No.8, Vapi. अपीलाथ" Appellant ""यथ"/Respondent

House, Assistant Commissioner of Muktanand Marg, Chala Income Tax Vapi Circle Vapi, Vapi, Gujarat. Shivam Commercial Complex, [PAN: AADCS 4420 J] National Highway No.8, Vapi. अपीलाथ" Appellant ""यथ"/Respondent Shri A. Gopalakrishnan, CA िनधा"रती क" ओर से /Assessee by Shri O. P. Singh CIT (D.R.) राज"व क" ओर से /Revenue by 12.12.2019 सुनवाई क" तारीख/ Date of hearing

BILAKHIA HOLDINGS PVT. LTD.,,VAPI vs. THE JT.CIT.,VAPI RANGE,, VAPI

In the result, the appeal of the assessee is allowed for assessment year 2010-11

Bench: Shri Sandeep Gosain & Shri O.P.Meena, Accoutant Member आ.अ.सं/.I.T.A No.507/Ahd/2013: िनधा"रण वष"/Assessment Year: 2008-09 आ.अ.सं/.I.T.A.No.1415Ahd/2015: िनधा"रण वष"/Assessment Year: 2009-10 आ.अ.सं/.I.T.A No.1416/Ahd/2015:िनधा"रण वष"/Assessment Year: 2010-11 आ.अ.सं/.I.T.A No.795/Ahd/2016: िनधा"रण वष"/Assessment Year: 2011-12 M/S. Bialkhia Holdings Pvt. Vs. Addl.Cit Range - Vapi / Ltd., Bilakhia House, Assistant Commissioner Of Muktanand Marg, Chala Income Tax Vapi Circle Vapi, Vapi, Gujarat. Shivam Commercial Complex, [Pan: Aadcs 4420 J] National Highway No.8, Vapi. अपीलाथ" Appellant ""यथ"/Respondent

House, Assistant Commissioner of Muktanand Marg, Chala Income Tax Vapi Circle Vapi, Vapi, Gujarat. Shivam Commercial Complex, [PAN: AADCS 4420 J] National Highway No.8, Vapi. अपीलाथ" Appellant ""यथ"/Respondent Shri A. Gopalakrishnan, CA िनधा"रती क" ओर से /Assessee by Shri O. P. Singh CIT (D.R.) राज"व क" ओर से /Revenue by 12.12.2019 सुनवाई क" तारीख/ Date of hearing

ABHYUTHTHAN GRAM VIKAS MANDAL,SURAT vs. CIT EXEMPTION, AHMEDABAD

In the result, the appeal of the assessee and the Revenue, both are dismissed

Bench: Dr. B.R.R. Kumar, Vice-Ms. Suchitra Kamble

47,617/-) and receipts as per Form 26AS (Rs. 26,89,90,965/-). 5. Aggrieved by the assessment order, the assessee preferred an appeal before the Ld. CIT(A). The Ld. CIT(A), after considering the submissions of the assessee and examining the material placed on record, granted partial relief. While the Ld. CIT(A) deleted the addition

INCOME TAX OFFICER (EXEMPTION), WARD-SURAT, SURAT vs. ABHYUTHTHAN GRAM VIKAS MANDAL, SURAT

In the result, the appeal of the assessee and the Revenue, both are dismissed

Bench: Dr. B.R.R. Kumar, Vice-Ms. Suchitra Kamble

47,617/-) and receipts as per Form 26AS (Rs. 26,89,90,965/-). 5. Aggrieved by the assessment order, the assessee preferred an appeal before the Ld. CIT(A). The Ld. CIT(A), after considering the submissions of the assessee and examining the material placed on record, granted partial relief. While the Ld. CIT(A) deleted the addition

SHRI MAHENDRA KANJIBHAI BHANUSHALI,VALSAD vs. ASSISTANT COMMISSIONER OF INCOME TAX, VALSAD CIRCLE, VALSAD

In the result, the appeal of the Department is dismissed

Bench: Shri Pawan Singh, Jm & Dr. A.L.Saini, Am आयकरअपील सं./Ita No.294/Srt/2023 (िनधा"रणवष" / Assessment Year: (2014-15) (Virtual Court Hearing) Mahendra Kanjibhai Bhanushal Assistant Commissioner Of Hariom, Opp- Odhav Raw House, Income-Tax, Circle-Valsad, Vs. Nr. Pragna Society, Valsad,- Income Tax Office, Palak 396001 Arcade, Pali Hill, Santi Nagar, Tithal Road, Valsad-396001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Acfpb 8732 M (अपीलाथ" /Appellant) (""थ"/Respondent)

House, Income-tax, Circle-Valsad, Vs. Nr. Pragna Society, Valsad,- Income Tax Office, palak 396001 Arcade, Pali Hill, Santi Nagar, Tithal Road, Valsad-396001 "थायीलेखासं./जीआइआरसं./PAN/GIR No.: ACFPB 8732 M (अपीलाथ" /Appellant) (""थ"/Respondent) िनधा"रती की ओर से /Assessee by : Shri Surji D Chheda, CA राज"व क" ओर से /Respondent by : Shri Vinod Kumar, Sr-DR सुनवाईकीतारीख