MANISH BANSHILAL JARIWALA,SURAT vs. INCOME TAX OFFICER, WARD 2(2)(3), SURAT, SURAT

In the result, assessee’s appeal in ITA No

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.571 To 573/Srt/2023 Assessment Year: (2009-19) (Physical Court Hearing) Manish Banshilal Jariwala Income Tax Officer, Ward-2(2)(3), 4/1710, Begumpura, Vs. Surat, Aaykar Bhavan, Majura Nawabwadi, Main Road, Surat- Gate, Surat-395 001 395 003 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Ancpj 6207 F (अपीलाथ"/Appellant) (""थ" /Respondent) आयकर अपील सं./Ita Nos.574 & 575/Srt/2023 Assessment Year: (2010-11) (Hybrid Hearing) Manish Banshilal Jariwala Income Tax Officer, Ward-2(2)(3), 4/1710, Begumpura, Vs. Surat, Aaykar Bhavan, Majura Nawabwadi, Main Road, Surat- Gate, Surat-395 001 395 003 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Ancpj 6207 F (अपीलाथ"/Appellant) (""थ" /Respondent)

section 250 of Income-tax Act, 1961 (in short ‘the Act’) of National Faceless Appeal Centre, Delhi [for short to as “NFAC/Ld. CIT(A)”] ITA No.571-575/Srt/2023/AYs.09-10 & 10-11 Manish B Jariwala dated 20.06.2023 for assessment years (AYs) 2009-10 and 2010-11, which in turn arise out of separate assessment orders passed u/s 144 r.w.s

MANISH BANSHILAL JARIWALA,SURAT vs. INCOME TAX OFFICER, WARD 2(2)(3), SURAT

In the result, assessee’s appeal in ITA No

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.571 To 573/Srt/2023 Assessment Year: (2009-19) (Physical Court Hearing) Manish Banshilal Jariwala Income Tax Officer, Ward-2(2)(3), 4/1710, Begumpura, Vs. Surat, Aaykar Bhavan, Majura Nawabwadi, Main Road, Surat- Gate, Surat-395 001 395 003 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Ancpj 6207 F (अपीलाथ"/Appellant) (""थ" /Respondent) आयकर अपील सं./Ita Nos.574 & 575/Srt/2023 Assessment Year: (2010-11) (Hybrid Hearing) Manish Banshilal Jariwala Income Tax Officer, Ward-2(2)(3), 4/1710, Begumpura, Vs. Surat, Aaykar Bhavan, Majura Nawabwadi, Main Road, Surat- Gate, Surat-395 001 395 003 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Ancpj 6207 F (अपीलाथ"/Appellant) (""थ" /Respondent)

section 250 of Income-tax Act, 1961 (in short ‘the Act’) of National Faceless Appeal Centre, Delhi [for short to as “NFAC/Ld. CIT(A)”] ITA No.571-575/Srt/2023/AYs.09-10 & 10-11 Manish B Jariwala dated 20.06.2023 for assessment years (AYs) 2009-10 and 2010-11, which in turn arise out of separate assessment orders passed u/s 144 r.w.s

MANISH BANSHILAL JARIWALA,SURAT vs. INCOME TAX OFFICER, WARD- 2(2)(3), SURAT

In the result, assessee’s appeal in ITA No

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.571 To 573/Srt/2023 Assessment Year: (2009-19) (Physical Court Hearing) Manish Banshilal Jariwala Income Tax Officer, Ward-2(2)(3), 4/1710, Begumpura, Vs. Surat, Aaykar Bhavan, Majura Nawabwadi, Main Road, Surat- Gate, Surat-395 001 395 003 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Ancpj 6207 F (अपीलाथ"/Appellant) (""थ" /Respondent) आयकर अपील सं./Ita Nos.574 & 575/Srt/2023 Assessment Year: (2010-11) (Hybrid Hearing) Manish Banshilal Jariwala Income Tax Officer, Ward-2(2)(3), 4/1710, Begumpura, Vs. Surat, Aaykar Bhavan, Majura Nawabwadi, Main Road, Surat- Gate, Surat-395 001 395 003 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Ancpj 6207 F (अपीलाथ"/Appellant) (""थ" /Respondent)

section 250 of Income-tax Act, 1961 (in short ‘the Act’) of National Faceless Appeal Centre, Delhi [for short to as “NFAC/Ld. CIT(A)”] ITA No.571-575/Srt/2023/AYs.09-10 & 10-11 Manish B Jariwala dated 20.06.2023 for assessment years (AYs) 2009-10 and 2010-11, which in turn arise out of separate assessment orders passed u/s 144 r.w.s

MANISH BANSHILAL JARIWALA,SURAT vs. INCOME TAX OFFICE, WARD 2(2)(3), SURAT

In the result, assessee’s appeal in ITA No

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.571 To 573/Srt/2023 Assessment Year: (2009-19) (Physical Court Hearing) Manish Banshilal Jariwala Income Tax Officer, Ward-2(2)(3), 4/1710, Begumpura, Vs. Surat, Aaykar Bhavan, Majura Nawabwadi, Main Road, Surat- Gate, Surat-395 001 395 003 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Ancpj 6207 F (अपीलाथ"/Appellant) (""थ" /Respondent) आयकर अपील सं./Ita Nos.574 & 575/Srt/2023 Assessment Year: (2010-11) (Hybrid Hearing) Manish Banshilal Jariwala Income Tax Officer, Ward-2(2)(3), 4/1710, Begumpura, Vs. Surat, Aaykar Bhavan, Majura Nawabwadi, Main Road, Surat- Gate, Surat-395 001 395 003 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Ancpj 6207 F (अपीलाथ"/Appellant) (""थ" /Respondent)

section 250 of Income-tax Act, 1961 (in short ‘the Act’) of National Faceless Appeal Centre, Delhi [for short to as “NFAC/Ld. CIT(A)”] ITA No.571-575/Srt/2023/AYs.09-10 & 10-11 Manish B Jariwala dated 20.06.2023 for assessment years (AYs) 2009-10 and 2010-11, which in turn arise out of separate assessment orders passed u/s 144 r.w.s

MANISH BANSHILAL JARIWALA,SURAT vs. INCOME TAX OFFICER, WARD - 2(2)(3), SURAT

In the result, assessee’s appeal in ITA No

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.571 To 573/Srt/2023 Assessment Year: (2009-19) (Physical Court Hearing) Manish Banshilal Jariwala Income Tax Officer, Ward-2(2)(3), 4/1710, Begumpura, Vs. Surat, Aaykar Bhavan, Majura Nawabwadi, Main Road, Surat- Gate, Surat-395 001 395 003 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Ancpj 6207 F (अपीलाथ"/Appellant) (""थ" /Respondent) आयकर अपील सं./Ita Nos.574 & 575/Srt/2023 Assessment Year: (2010-11) (Hybrid Hearing) Manish Banshilal Jariwala Income Tax Officer, Ward-2(2)(3), 4/1710, Begumpura, Vs. Surat, Aaykar Bhavan, Majura Nawabwadi, Main Road, Surat- Gate, Surat-395 001 395 003 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Ancpj 6207 F (अपीलाथ"/Appellant) (""थ" /Respondent)

section 250 of Income-tax Act, 1961 (in short ‘the Act’) of National Faceless Appeal Centre, Delhi [for short to as “NFAC/Ld. CIT(A)”] ITA No.571-575/Srt/2023/AYs.09-10 & 10-11 Manish B Jariwala dated 20.06.2023 for assessment years (AYs) 2009-10 and 2010-11, which in turn arise out of separate assessment orders passed u/s 144 r.w.s

SHRIRANG SALES CORPORATION,SURT vs. ASSISTANT COMMISSIONER OF INCOME TAX - 1(2), SURAT

In the result, appeal of the Revenue is dismissed

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.147/Srt/2023 Assessment Year: (2016-17) (Physical Hearing) Shrirang Sales Corporation, Vs. Assistant Commissioner Of Plot 866, G.I. D.C. Sachin, Sachin Income-Tax, Circle - 1(2), Surat, Road No.85, Chorasi, Aaykar Bhavan, Majura Gate, Surat– 394230 Surat-395001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aakfs8216Q (Appellant) (Respondent) Appellant By Shri Ketan Jagirdar, Ca Respondent By Ms. Jayshree Thakur, Sr. Dr Date Of Hearing 20/07/2023 Date Of Pronouncement 28/07/2023

u/s 271-I of the Act. 6. Aggrieved by the order of the Assessing Officer, the assessee carried the matter in appeal before the ld. CIT(A), who has confirmed the penalty imposed by the Assessing Officer. 7. Aggrieved by the order of the ld. CIT(A), the assessee is in appeal before us. 8. At the outset, Ld. Counsel

BASANTILAL TARBA,RAJASTHAN vs. INCOME TAX OFFICER, WD-3(1)(2), SURAT

In the result, the ground of appeal raised in this appeal is allowed for statistical purposes

Bench: Shri Dinesh Mohan Sinha & Shri Bijayananda Prusethआयकर अपील सं./Ita No.512/Srt/2024 Assessment Year: (2010-11) (Hybrid Hearing) Bansntilal Tarba Income Tax Officer, Ward-3(1)(2), बनाम/ 429/1023, Sundarnagar, Surat, Aaykar Bhavan, Majura Gate, Vs. Ahimsa Circle, Bhilwara, Surat-395 001 Rajasthan- 311 001 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Afipt 1037 P (Appellant) (Respondent) िनधा"रती की ओर से /Appellant By Shri Prakash Jhunjhunwala, 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 26/09/2025

section 250 of the Income-tax Act, 1961 (in short, 'the Act’) dated 24.01.2024 by the National Face Less Appeal Centre (NFAC),Delhi/Commissioner of Income-tax (Appeals) [in short, ‘CIT(A)’] for the assessment year (AY) 2010-11, which in turn arises out of assessment order passed by the Assessing Officer (in short, ‘AO’) u/s. 144 r.w.s

THE ITO, WARD -1,, SURAT vs. SHREE MADHI SURALI VIBHAG NAGRIK SAHAKARI DHIRAN MANDLI LTD., SURAT

In the result, appeal filed by the Revenue is dismissed

Bench: Shri Sandeep Gosain, Hon'Ble & Shri O.P.Meena, Hon'Bleआ.अ.सं./I.T.A No.612/Ahd/2016 "नधा"रण वष"/Assessment Year: 2010-11 The Income Tax Officer, Vs. Shree Madhi Surali Vibhag Nagrik, Ward-1, Bardoli. Sahakari Dhiran Mandli Ltd., Madhi, Tal.Bardoli, Dist: Surat. [Pan: Aadas 5644 L] अपीलाथ" / Appellant ""यथ"/Respondent "नधा"रतीक"ओरसे /Assessee By Shri Shaunak Zaveri– Ca & Shri Yogesh Gamit - Advocate राज"वक"ओरसे /Revenue By Shri Sreenivas T.Bidari – Cit-Dr

271 E of the Income Tax Act for the assessment year 2010-11. 5. Being aggrieved, the Revenue filed this appeal before this Tribunal on the grounds mentioned hereinabove. All the grounds raised by the Revenue are inter-related and inter-connected and relates to challenging the order of ld.CIT(A) in deleting penalty levied u/s.271D & 271E of the Income

RAVI MAHEXA,DAMAN AND DIU vs. INCOME TAX OFFICER, DAMAN WARD, DAMAN

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.193 To 195/Srt/2022 Assessment Years: (2015-16 To 2017-18) (Physical Hearing) Ravi Mahexa, Vs. Income Tax Officer, Ward-5, 7Th 14/55, Dilipnagar Near Dilip Nagar Vapi, Fortune Square, Floor, 8Th Floor & 9Th Floor, Ii, Ground, Daman, Daman – 396210, Daman & Diu (Ut) Chala Road, Vapi-396191 Ravi Mahexa Income Tax Officer, Daman 14/55, Dilipnagar Near Dilip Nagar Ward, Daman Jevanji Ground, Daman, Daman & Diu (Ut) - Apartment, Kavi Khabardar 396210 Road, Daman-396210 Vapi "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Apkpm1888H (Assessee) (Respondent) Assessee By Shri P. M. Jagasheth, Ca Respondent By Shri Minal Kamble, Sr. Dr Date Of Hearing 19/07/2023 Date Of Pronouncement 31/07/2023

penalty proceedings u/s 271(1)(c ) of the Act.” 4. First, we shall adjudicate the Summarized and concise grounds of appeal raised by the assessee, in lead case in ITA No.195/SRT/2022, where books of accounts of assessee were rejected by the Assessing Officer u/s 145(3) of the Act. The summarized and concise ground No.1 is reproduced below for ready

RAVI MAHEXA,DAMAN AND DIU vs. INCOME TAX OFFICER, DAMAN WARD, DAMAN

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.193 To 195/Srt/2022 Assessment Years: (2015-16 To 2017-18) (Physical Hearing) Ravi Mahexa, Vs. Income Tax Officer, Ward-5, 7Th 14/55, Dilipnagar Near Dilip Nagar Vapi, Fortune Square, Floor, 8Th Floor & 9Th Floor, Ii, Ground, Daman, Daman – 396210, Daman & Diu (Ut) Chala Road, Vapi-396191 Ravi Mahexa Income Tax Officer, Daman 14/55, Dilipnagar Near Dilip Nagar Ward, Daman Jevanji Ground, Daman, Daman & Diu (Ut) - Apartment, Kavi Khabardar 396210 Road, Daman-396210 Vapi "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Apkpm1888H (Assessee) (Respondent) Assessee By Shri P. M. Jagasheth, Ca Respondent By Shri Minal Kamble, Sr. Dr Date Of Hearing 19/07/2023 Date Of Pronouncement 31/07/2023

penalty proceedings u/s 271(1)(c ) of the Act.” 4. First, we shall adjudicate the Summarized and concise grounds of appeal raised by the assessee, in lead case in ITA No.195/SRT/2022, where books of accounts of assessee were rejected by the Assessing Officer u/s 145(3) of the Act. The summarized and concise ground No.1 is reproduced below for ready

RAVI MAHEXA,DAMAN AND DIU vs. INCOME TAX OFFICER, WARD 5, , VAPI

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.193 To 195/Srt/2022 Assessment Years: (2015-16 To 2017-18) (Physical Hearing) Ravi Mahexa, Vs. Income Tax Officer, Ward-5, 7Th 14/55, Dilipnagar Near Dilip Nagar Vapi, Fortune Square, Floor, 8Th Floor & 9Th Floor, Ii, Ground, Daman, Daman – 396210, Daman & Diu (Ut) Chala Road, Vapi-396191 Ravi Mahexa Income Tax Officer, Daman 14/55, Dilipnagar Near Dilip Nagar Ward, Daman Jevanji Ground, Daman, Daman & Diu (Ut) - Apartment, Kavi Khabardar 396210 Road, Daman-396210 Vapi "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Apkpm1888H (Assessee) (Respondent) Assessee By Shri P. M. Jagasheth, Ca Respondent By Shri Minal Kamble, Sr. Dr Date Of Hearing 19/07/2023 Date Of Pronouncement 31/07/2023

penalty proceedings u/s 271(1)(c ) of the Act.” 4. First, we shall adjudicate the Summarized and concise grounds of appeal raised by the assessee, in lead case in ITA No.195/SRT/2022, where books of accounts of assessee were rejected by the Assessing Officer u/s 145(3) of the Act. The summarized and concise ground No.1 is reproduced below for ready

ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, SURAT, SURAT vs. MS. JANANI EXPORTS, MUMBAI

Bench: Shri Dinesh Mohan Sinha & Shri Bijayananda Prusethआयकर अपील सं./Ita No.604/Srt/2024 (Assessment Year:2019-20) (Hybrid Hearing) Acit, Vs. M/S Janani Exports, Central Circle – 2, 704, Vastu Slip Apt., 7Th Floor, Nr. Surat Parsi Colony, Pump House, Andheri (E), Mumbai - 400093 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaefj3969P (Appellant) (Respondent) It(Ss)A Nos.9, 10 & 19/Srt/2024 (Ays:2013-14, 2014-15 & 2018-19) Acit, Vs. M/S Janani Exports, Central Circle – 2, 704, Vastu Slip Apt., 7Th Floor, Nr. Surat Parsi Colony, Pump House, Andheri (E), Mumbai - 400093 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaefj3969P (Appellant) (Respondent) It(Ss)A Nos.20 To 22/Srt/2024 (Ays: 2013-14 To 2015-16) M/S Janani Exports, Vs. Acit, 704, Vastu Slip Apt., 7Th Floor, Nr. Central Circle – 2, Parsi Colony, Pump House, Andheri Surat (E), Mumbai - 400093 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaefj3969P (Appellant) (Respondent) It(Ss)A Nos.35 To 38/Srt/2024 (Ays: 2016-17 To 2019-20) M/S Janani Exports, Vs. Acit, 704, Vastu Slip Apt., 7Th Floor, Nr. Central Circle – 2, Parsi Colony, Pump House, Andheri Surat (E), Mumbai - 400093 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaefj3969P (Appellant) (Respondent)

Sections 139 to 158 of the Act. The special procedure for assessment of search case under Chapter XIV-B u/s 158B to BI for search and seizure action u/s 132 of the Act and requisition u/s 132A continued till 31st May, 2003. Subsequently, assessment in case of search or requisition is carried out u/s 153A, 153B, 153C and 153D

KAMUBEN RAMANLAL PATEL,DAMAN vs. INCOME TAX OFFICER, DAMAN

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

Bench: Ms.Suchitra Raghunath Kamble& Shri Bijayananda Prusethआयकरअपीलसं./Ita No.913/Srt/2024 Assessment Year: 2012-13 (Hybrid Hearing) Smt. Kamuben Ramanlal Patel Income Tax Officer, Daman, बनाम/ House No.1, Varkund, Income Tax Department, Jeevanji Vs. Mithanagar, Nani Daman, Hotel Building, Kathiria Road, Daman & Diu-396 210 Nani Daman, Daman & Diu- -396210 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Acppk1885N (अपीलाथ"/Appellant) (""थ"/Respondent) िनधा"रतीकीओरसे/Appellant By Shri Hemant Suthar, Ca राज"कीओरसे /Respondent By Shriajay Uke, Sr. Dr सुनवाई की तारीख/Date Of Hearing 17/07/2025 उद्घोषणा की तारीख/Date Of Pronouncement 25/09/2025

section 250 of the Income-tax Act, 1961 (in short, ‘the Act’) dated 12.06.2024 by the National Faceless Appeal Centre, Delhi/Commissioner of Income-tax (Appeals) [in short ‘Ld. CIT(A)’] for the Assessment Year (AY) 2012-13 in levying 100% penalty of Rs.52,46,160/- imposed u/s 271(1)(c) of the Act by Assessing Officer on 11.01.2021. Grounds

UMESH RAMJIBHAI PAVASIYA,SURAT vs. ITO, WARD 3(3)(5), SURAT

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

Bench: Ms Suchitra Raghunath Kamble & Shri Bijayananda Prusethआयकर अपील सं./Ita No.925/Srt/2024 Assessment Year: (2013-14) (Hybrid Hearing) Umesh Ramjibhai Pavasiya, Vs. Ito, 102, Vallabh Nagar Society, Ward -3(3)(5), Varachha Road, Opp – Baroda Surat Prestige, Surat - 395006 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Afjpp2768Q (अपीलाथ"/Appellant) (""थ" /Respondent) Appellant By Shri Sapnesh Sheth, Ca Respondent By Shri Ajay Uke, Sr. Dr Date Of Hearing 17/07/2025 Date Of Pronouncement 18/08/2025

80,000/-. Various notices were issued by the Assessing Officer (in short, ‘AO’), but the assessee neither attended nor submitted the requisite details. The AO passed an order u/s 144 of the Act by making an addition of Rs.36,76,376/- u/s 68 of the Act on account of unexplained cash credits. The AO determined the total income of Rs.39

JHONSON ELECTRIC COMPANY LIMITED,,VADODARA vs. THE INCOME TAX OFFICER, WARD-1(1)(3),, VADODARA

Bench: Shri Pawan Singh, Hon'Ble & Shri Arjun Lal Saini, Hon'Bleआ.अ.सं./I.T.A No.754/Ahd/2017 "नधा"रणवष"/Assessment Year: 2008-09 Jhonson Electric Company Vs. The Income Tax Officer, Limited, Ward-1(1)(3), Vadodara – 390007. C/O. C.K.Pithawala Bhimpore, Post: Dumas Dist: Surat. [Pan: Aaacj 4908 P अपीलाथ" / Appellant ""यथ"/Respondent "नधा"रतीक"ओरसे /Assessee By Sh. Saurabh Soparkar With Sh. Mayur K. Swadia Ars. राज"वक"ओरसे /Revenue By Mrs. Anupama Singla – Sr. Dr सुनवाई की तारीख/ Date Of Hearing: 23.09.2020 उ"घोषणा क" तार"ख/Pronouncement On: 22.10.2020 आदेश /O R D E R Per Pawan Singh, Jm: 1. This Appeal By The Assessee Is Directed Against The Order Of Ld. Commissioner Of Income Tax (Appeals)-1, Vadodara Dated 17.01.2017 For The Assessment Year 2008-09. 2. Grounds Raised By The Assessee Read As Under: The Learned Commissioner Of Income Tax (Appeals) Has Erred In Facts “1. & In Law In Treating Long Term Capital Gain As Short Term Capital Gain. 2. Your Appellant Craves The Right To Add To Or Alter, Amend, Substitute, Delete Or Modify All Or Any Of The Above Grounds Of Appeal.”

penalty proceedings u/s 271(1)(c) of the IT Act, 1961 are being initiated separately in this regards.” Johnson Electric Co. Ltd., Vs. ITO ITA No.754/AHD/2017 for A.Y. 2008-09 8. Thus, further aggrieved by the order of ld. CIT (A) the assessee has filed present appeal before this Tribunal. 9. We have heard the submissions of ld. Authorized Representative

PANESHWAR DUDH UTPADAK SAHAKARI MANDLI LTD,SURAT vs. INCOME TAX OFFICER, WARD - 1, BARDOLI, BARDOLI

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

Bench: Shri Siddhartha Nautiyal & Shri Bijayananda Pruseth

80-P of the Income-tax Act, 1961 which is legally and lawfully allowed to assessee 6. Both the lower authorities have passed the orders without properly appreciating the facts and they further erred in grossly ignoring various submissions, explanations and information submitted by the appellant from time to time which ought to have been considered before passing the impugned

SHRI NEHRUNAGAR CO-OP. HOUSING SOCIETY,SURAT vs. INCOME TAX OFFICER, WARD-1(3)(5), SURAT

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

Bench: Dr. A. L. Sainiआयकर अपील सं./Ita No.507/Srt/2023 Assessment Year: (2016-17) (Physical Hearing) Shri Nehrunagar Co.Op. Housing Vs. The Ito, Society, Ward – 1(3)(5), Umang Hall, Nehrunagar Society, Surat Ichchanath Road, Surat – 395007. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aabas2271H (Appellant) (Respondent)

80(P)(2)(d) and passed the assessment order, thus, the Assessing Officer has taken a reasonable and possible view which cannot be held as erroneous. 15. The Hon'ble Karnataka High Court in PCIT v. Totagars Co- operative Sales Society [2017] 78 taxman.com 169 (Karnataka) held that for the purpose of section 80P(2)(d) a Co-operative Bank

M/S. J.K. JEWELLERS,BHARUCH vs. THE ACIT, CIRCLE-1, BHARUCH

In the result, ground No.3 raised by the Revenue, is dismissed

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.440/Srt/2018 Assessment Year: (2014-15) (Virtual Hearing) The Acit, Circle-1, Vs. M/S. J. K. Jewellers, Bharuch. Station Road, Near Rungta School, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaefj5951F (Assessee) (Respondent) आयकर अपील सं./Ita No.443/Srt/2018 Assessment Year: (2014-15) M/S. J. K. Jewellers, Vs. The Acit, Circle-1, Station Road, Near Rungta Bharuch. School, Bharuch. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaefj5951F (Assessee) (Respondent)

271(1)(c) and holding ground no.5 to be pre-mature. 5. The assessee craves leave to add, amend and/or alter the ground or grounds of appeal either before or at the time of hearing of the appeal.” 5. Since the grounds of appeals raised by the Revenue and Assessee are interconnected and mix, therefore, we shall adjudicate them together