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4 results for “house property”+ Section 56(2)(vii)clear

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Key Topics

Section 685Section 143(3)4Addition to Income4Section 23(4)3Section 56(2)(vii)2Section 692House Property2Unexplained Cash Credit2

REKHA AJAYKUMAR AGRAWAL,SURAT vs. ASSISTANT COMMISSIONER O INCOME TAX, CIR.1(2), SURAT

ITA 356/SRT/2022[2015-16]Status: DisposedITAT Surat30 Jan 2023AY 2015-16

Bench: Shri Pawan Singh, Jm &Dr. A.L.Saini, Am आयकरअपील सं./Ita No.356/Srt/2022 (िनधा"रण वष" / Assessment Year: (2015-16) (Virtual Court Hearing) Rekha Ajaykumar Agrawal Assistant Commissioner Of 229-230, Ashoka Tower, Ring Income-Tax, Circle-1(2), Aayakar Vs. Road,Surat-395002 Bhavan, N. Majura Gate, Opp. New Civil Hospital, Surat- 395001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaspa 2993 A (Assessee ) (Respondent)

For Appellant: Shri Rajesh C Shah, C.AFor Respondent: Shri Vinod Kuamr, Sr-D.R
Section 143(3)Section 23(2)Section 23(4)Section 24Section 56(2)(vii)

section 56(2)(vii)(b), though the transaction was commenced at a time when the such provision was not in the statute. 2. The Hon'ble CIT(Appeals) was not justified in confirming in addition of Rs.1,89,000/- made u/s 23(4) of the Act on account of Deemed Rental Income. 3. The Hon'ble CIT(Appeals

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

In the result, appeal of the Revenue is dismissed

ITA 289/SRT/2022[2014-15]Status: DisposedITAT Surat31 Jul 2023AY 2014-15

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)

For Appellant: Shri Tushar P. Hemani, Sr. Advocate &For Respondent: Shri Vinod Kumar, Sr-DR
Section 142(1)Section 143(2)Section 143(3)Section 68

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

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

ITA 1509/AHD/2016[2011-12]Status: DisposedITAT Surat04 May 2020AY 2011-12

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

Section 131Section 143Section 143(3)Section 14ASection 154Section 68

56 persons. Out of these, 54 persons are DCIT, Circle-1(1)(2), Surat Vs. Kejriwal Industries Ltd.,/ITA No.1509/AHD/2016 for A.Y. 2011-12 Page 25 of 49 from Ranchi, Jharkhand and remaining two namely Kejriwal Dyeing & Printing Mills Pvt. Ltd. and Kejriwal Integrated Textile Park Pvt. Ltd. are the sister concern of the assessee from Surat

HEMANT NARESH AGARWAL,SURAT vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIR. 4, SURAT

In the result, appeal of assessee is dismissed

ITA 170/SRT/2023[2020-21]Status: DisposedITAT Surat24 Oct 2025AY 2020-21

Bench: Shri Dinesh Mohan Sinha & Shri Bijayananda Prusethआ.(खो और ज).सं /It(Ss)A No.68 & 70/Srt/2023 Assessment Years: 2015-16 & 2018-19 (Physical Court Hearing) Deputy Commissioner Of Hemant Naresh Agarwal बनाम/ Income-Tax, Central Circle-4, 701, Shree Shyam Awas, Bhatar Vs. Surat Room No.508, 5Th Floor, Road, Near Vidhya Bharti School, Aayakar Bhawan, Majura Surat-395 010 Gate, Surat-395 001 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Auppa 9003 J (अपीलाथ"/Appellant) (""थ" /Respondent) आयकर अपील सं./Ita.No.170/Srt/2023 Assessment Year: 2020-21 Hemant Naresh Agarwal Assistant Commissioner Of बनाम/ 701, Shree Shyam Awas, Bhatar Income-Tax, Central Circle-4, Vs. Road, Near Vidhya Bharti School, Surat, Aaykar Bhawan, Surat-395 010 Majura Gate, Surat-395 001 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Auppa 9003 J (अपीलाथ"/Appellant) (""थ" /Respondent) िनधा"रती की ओर से /Assessee By Shri Kiran K. Shah राज" की ओर से /Revenue By Shri Mukesh Jain, Cit-Dr & Shri Kevin Langaliya, Ca सुनवाई की तारीख/Date Of Hearing 18/09/2025 उद्घोषणा की तारीख/Date Of Pronouncement 24/10/2025

Section 143(3)Section 250Section 292CSection 69

2) The appellant reserves right to ad, alter and withdraw any grounds of appeal.” IT(SS)A No.68, 70 & ITA. No.170/Srt/2023 A.Ys 15-16, 18-19 & 20-21 Sh. Hemant N. Agarwal IT(SS)A No.68/SRT/2024 (AY:15-16) 5. The facts of the case in brief are that the assessee filed his return of income on 31.10.2015 declaring total