THE DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,, SURAT vs. SHRI MANISH KASHIRAM PATEL,, SURAT

In the result, appeal filed by the Revenue (in ITA No

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita Nos.1359 & 1481/Ahd/2016 ("नधा"रणवष" / Assessment Year: (2012-13) (Virtual Court Hearing) Shankarlal C. Shah, The Acit, Central Circle-4, Vs. 199-201, Vishal Nagar Society, Surat. Udhna, Magdalla Road, Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aeups4161E The Dcit, Central Circle-1, Vs. Manish Kashiram Patel, Surat. 15-16, Vanita Residency, Althan Canal Road, Althan, Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Ablpp5085E (Appellant)/(Revenue) (Respondent)/(Appellant)

section 68 of the I.T. Act in the hand of Shankar C. Shah. 18. Aggrieved by the order of the Assessing Officer, the assessee carried the matter in appeal before the Ld. CIT(A), who has confirmed the addition of Rs.2,04,19,200/-. Apart from this, ld CIT(A) enhanced the income of the assessee observing as follows

SHANKARLAL C SHAH,,SURAT vs. THE ACIT.,CIRCLE-4,, SURAT

In the result, appeal filed by the Revenue (in ITA No

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita Nos.1359 & 1481/Ahd/2016 ("नधा"रणवष" / Assessment Year: (2012-13) (Virtual Court Hearing) Shankarlal C. Shah, The Acit, Central Circle-4, Vs. 199-201, Vishal Nagar Society, Surat. Udhna, Magdalla Road, Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aeups4161E The Dcit, Central Circle-1, Vs. Manish Kashiram Patel, Surat. 15-16, Vanita Residency, Althan Canal Road, Althan, Surat. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Ablpp5085E (Appellant)/(Revenue) (Respondent)/(Appellant)

section 68 of the I.T. Act in the hand of Shankar C. Shah. 18. Aggrieved by the order of the Assessing Officer, the assessee carried the matter in appeal before the Ld. CIT(A), who has confirmed the addition of Rs.2,04,19,200/-. Apart from this, ld CIT(A) enhanced the income of the assessee observing as follows

DIYA FABRICS,SURAT vs. INCOME TAX OFFICER, WARD 1(2)(1), SURAT

In the result, while appeal of the assessee is allowed, appeal of the Revenue is dismissed

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.355/Srt/2022 "नधा"रण वष"/Assessment Year: (2014-15) (Physical Hearing) Diya Fabrics, Vs. The Ito, 1418, Kohinoor Market, Ring Road, Ward-1(2)(1), Surat. Surat – 395002. (Appellant) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aajfd3658A

section 68 of the Act in respect of the sundry creditors after making a detailed analysis, and on appeal by assessee, ld CIT(A) confirmed the action of the assessing officer. Therefore, the conclusion Diya Fabrics reached by the Assessing Officer by treating the sundry creditors (which are linked with purchases) is bad in law and for that reliance

ENVIRO TECHNOLOGY LIMITED,,ANKLESHWAR vs. THE ACIT.,BHARUCH CIRCLE,, BHARUCH

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) Bharuch Enviro Deputy Commissioner Of Infrastructure Ltd.117-118, Income Tax, Bharuch Vs Gidc Estate-393002 Circle, Pan : Aaacb 8075 F Assessee / Appellant Revenue /Respondent

68,770/- and claimed deduction of Rs.1.13 crores under section 80IA. The assessee filed objection against the reopening. The objection of assessee was rejected vide order dated 31.12.2012. The Assessing Officer after rejecting the objection of assessee proceeded for re-assessment. The Assessing Officer while passing assessment order restricted the eligible profit to the extent of Rs.76

ENVIRO TECHNOLOGY LTD.,,ANKLESHWAR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, BHARUCH CIRCLE-2,, BHARUCH

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) Bharuch Enviro Deputy Commissioner Of Infrastructure Ltd.117-118, Income Tax, Bharuch Vs Gidc Estate-393002 Circle, Pan : Aaacb 8075 F Assessee / Appellant Revenue /Respondent

68,770/- and claimed deduction of Rs.1.13 crores under section 80IA. The assessee filed objection against the reopening. The objection of assessee was rejected vide order dated 31.12.2012. The Assessing Officer after rejecting the objection of assessee proceeded for re-assessment. The Assessing Officer while passing assessment order restricted the eligible profit to the extent of Rs.76

BHARUCH ENVIRO INFRASTRUCTURE LTD.,,ANKLESHWAR vs. DY. COMMISSIONER OF INCOME TAX,, BHARUCH

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) Bharuch Enviro Deputy Commissioner Of Infrastructure Ltd.117-118, Income Tax, Bharuch Vs Gidc Estate-393002 Circle, Pan : Aaacb 8075 F Assessee / Appellant Revenue /Respondent

68,770/- and claimed deduction of Rs.1.13 crores under section 80IA. The assessee filed objection against the reopening. The objection of assessee was rejected vide order dated 31.12.2012. The Assessing Officer after rejecting the objection of assessee proceeded for re-assessment. The Assessing Officer while passing assessment order restricted the eligible profit to the extent of Rs.76

SEJAL JEWELLERS PVT. LTD.,,SURAT vs. THE INCOME TAX OFFICER, WARD-2(1)(2),, SURAT

In the result, appeal of the assessee is allowed

Bench: Shripawan Singh, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.435/Ahd/2017 (िनधा"रणवष" / Assessment Year: (2012-13) (Virtual Court Hearing) Sejal Jewellers Pvt. Ltd, Income Tax Officer, Ward-2(1)(2), V Ug-4/5 Rangila Park, Ghod Dod Surat, Aaykar Bhavan, Majura Gate, S. Road, Surat-395007 Surat "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaqcs 8686 P (Appellant ) (Respondent)

200 3,73,986 42,02,75,928 45,00,000 1.07 % Private Limited Virgo Mercantile 35,60,379 23,34,727 18,83,13,147 45,00,000 2.39 % Private Limited Season Multitrade 24,19,147 - 20,93,94,686 45,00,000 2.15 % Private Limited Momentum Real 7,32,25,318 3

BHARUCH ENVIRO INFRASTRUCTURE LTD.,,ANKLESHWAR vs. ACIT,BHARUCH CIRCLE,, BHARUCH

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

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

68,941/- in respect of interest income earned on fixed deposit with Bank. 5. On the facts and in the circumstances of the case and in law, the CIT(A) erred in not giving any finding in respect of the ground of appeal relating to allow 10% of interest income as deduction towards expenditure incurred for earning other income

BHARUCH ENVIRO INFRASTRUCTURE LTD.,,ANKLESHWAR vs. DY. COMMISSIONER OF INCOME TAX,, BHARUCH

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

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

68,941/- in respect of interest income earned on fixed deposit with Bank. 5. On the facts and in the circumstances of the case and in law, the CIT(A) erred in not giving any finding in respect of the ground of appeal relating to allow 10% of interest income as deduction towards expenditure incurred for earning other income

BHARUCH ENVIRO INFRASTRUCTURE LIMITED,,ANKLESHWAR vs. THE DY.CIT,BHARUCH CIRCLE,, BHARUCH

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

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

68,941/- in respect of interest income earned on fixed deposit with Bank. 5. On the facts and in the circumstances of the case and in law, the CIT(A) erred in not giving any finding in respect of the ground of appeal relating to allow 10% of interest income as deduction towards expenditure incurred for earning other income

BHARUCH ENVIRO INFRASTRUCTURE LTD.,,ANKLESHWAR vs. DY. COMMISSIONER OF INCOME TAX,BHARUCH CIRCLE,, BHARUCH

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

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

68,941/- in respect of interest income earned on fixed deposit with Bank. 5. On the facts and in the circumstances of the case and in law, the CIT(A) erred in not giving any finding in respect of the ground of appeal relating to allow 10% of interest income as deduction towards expenditure incurred for earning other income

BHARUCH ENVIRO INFRASTRUCTURE LTD.,,ANKLESHWAR vs. ADDL.CIT,BHARUCH CIRCLE,, BHARUCH

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

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

68,941/- in respect of interest income earned on fixed deposit with Bank. 5. On the facts and in the circumstances of the case and in law, the CIT(A) erred in not giving any finding in respect of the ground of appeal relating to allow 10% of interest income as deduction towards expenditure incurred for earning other income

BHARUCH ENVIRO INFRASTRUCTURE LTD.,,ANKLESHWAR vs. DY. COMMISSIONER OF INCOME TAX,BHARUCH CIRCLE,, BHARUCH

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

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

68,941/- in respect of interest income earned on fixed deposit with Bank. 5. On the facts and in the circumstances of the case and in law, the CIT(A) erred in not giving any finding in respect of the ground of appeal relating to allow 10% of interest income as deduction towards expenditure incurred for earning other income

SATYAM TEXTILE PARK,SURAT vs. PR. COMMISSIONER OF INCOME TAX (CENTRAL), SURAT

In the result the ground No

Bench: Shri Pawan Singh & Dr Arjun Lal Saini

68 to 69 of the act. The ld. PCIT also noted that the assessee in addition to on money must have generated some profit from allotment of plots to customers. On the various observation made by ld. PCIT, the ld AR for the assessee submits that assessee has duly accounted each and every entry of the impounded materials and prepared

SATYAM TEXTILE PARK,SURAT vs. PR. COMMISSIONER OF INCOME TAX (CENTRAL), SURAT

In the result the ground No

Bench: Shri Pawan Singh & Dr Arjun Lal Saini

68 to 69 of the act. The ld. PCIT also noted that the assessee in addition to on money must have generated some profit from allotment of plots to customers. On the various observation made by ld. PCIT, the ld AR for the assessee submits that assessee has duly accounted each and every entry of the impounded materials and prepared

SMT. PURNIMA SUNIL AGRAWAL,,VALSAD vs. THE INCOME TAX OFFICER,VAPI WARD-2,, VAPI

In the result, this Appeal fails and is hereby dismissed

Bench: Shri Pawan Singh, Hon'Ble & Shri Arjun Lal Saini, Hon'Ble(Virtual Court-Virtual Hearing) आ.अ.सं./I.T.A No.3224/Ahd/2015 िनधा"रण वष"/Assessment Year: 2011-12 Smt. Purnima Sunil Agrawala, Vs. The Income Tax Officer, 902, Orchid Tower, Vapi Ward-2, Vapi. Chharwada Road, Vapi Dist. Valsad-396195. [Pan: Aavpa 0055 E] अपीलाथ" / Appellant ""यथ"/Respondent

3). 15. The appeal is accordingly allowed and the order of the Tribunal, Circuit Bench, Ranchi and the AO are set aside. The matter is remanded back to the AO for passing a fresh assessment order and the parties are directed to appear before the concerned authority on 13th June, 2011.” 11. Thus, it is abundantly clear that the Assessing

CHIRAGBHAI S. GADHIYA,SURAT vs. I.T.O., WARD-3(2)(6),, SURAT

In the result, this appeal of assessee is allowed

Bench: Shri Pawan Singh(Physical Hearing) Chiragbhai S. Gadhiya, I.T.O., 79, Mani Nagar Society, Nana Ward-3(2)(6), Vs. Varachha, Nr. Sarthana Jakat Naka, Surat. Surat-395006. Pan No. Ajypg 7927 K Appellant/ Assessee Respondent/ Revenue

3. Kohinoor House, Surat Zapiya Fashions Shop No. 11, Near Baxi ni Wadi, 7,72,945/- 4. Opp Kohinoor Market, Surat. During the course of transaction, the said parties were available at the respective location but during the course of scrutiny assessment, the assessee tried to contact at their address but were not available and on enquiry by the occupant

THE ITO, WARD - 3(2)(2),, SURAT vs. SHRI POPATBHAI RANCHHODBHAI BHADANI,, SURAT

In the result, the appeal of the Revenue as well as Cross

Bench: Shri C.M.Garg & Shri O.P.Meenaआ.अ.सं./I.T.A No.585/Ahd/2016/Srt & Co. No. 63/Ahd/2016/Srt िनधा"रण वष"/Assessment Year :2011-12 1. Income Tax Officer, Vs 1. Shri Popatbhai Ranchhodbhai Ward- 3(2)(2) Surat Bhadani, House No.12, Bhumi Row House, Ved Road Surat 395008 Pan:Adspb6681R Vs 2. Shri Popatbhai Ranchhodbhai 2.Income Tax Officer, Bhadani, Ward- 3(2)(2) Surat House No.12, Bhumi Row House, Ved Road Surat 395008 Pan:Adspb6681R अपीलाथ" Appellant ""यथ"/Respondent

3(2)(2) Surat v. Popatbhai Ranchhodbhai Bhadani /I.T.A. No.585 & CO-63/Ahd/2016/A.Y.:11-12 Page 15 of 19 of addition of Rs. 35,98,200 and restricted the addition to Rs. 12,00,350. We further hold that the CIT (A) was also right in allowing telescoping of the addition made under section 68

SAMIR YOGENDRABHAI PARIKH,NA vs. ARIVS.THE PCIT, VALSAD, VALSAD

In the result, this appeal of assessee is allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Virtual Hearing) Samir Yogendrabhai Parikh. The Pr.Cit, Alka Society, Chhapara Road, Valsad. Vs. Dist.-Navsari-396445, Gujarat. Pan No. Abgpp 6727 N Appellant/ Assessee Respondent/ Revenue

68 of the Act in the assessment order dated 27/12/2019. 3. The assessment order dated 27/12/2019 passed under Section 143(3) of the Act was revised by the ld. Pr.CIT by exercising his jurisdiction under Section 263 of the Act. Before revising the assessment order, the ld. Pr.CIT issued show cause notice dated 19/03/2022 for seeking compliance