SARLABEN DAHYABHAI PATEL,SURAT vs. INCOME TAX OFFICER, WARD - 2(2)(4), SURAT

In the result, this ground is allowed for statistical purposes

Bench: Shri Pawan Singh & Shri Bijayananda Pruseth

price of rate. The value estimated by Government Register Valuer estimated at Rs.1600/- per square meter is more reasonable. The Ld. AR of the assessee submits that to avoid the further dispute, an average of value estimated by DVO as well as Government Registered Valuer may be considered for the purpose of addition u/s 50C of the Act. Before

PANKAJBHAI HATHIBHAI PATEL,AHMEDABAD vs. INCOME TAX OFFICER, WARD-6(3), , SURAT

Bench: Shri Pawan Singh, Jm &Dr. A.L.Saini, Am आयकरअपील सं./Ita No.589/Srt/2019 (िनधा"रण वष" / Assessment Year: (2011-12) (Physical Court Hearing) Pankajbhai Hathibhai Patel Income Tax Officer, 112, Sangath Mall 1, Ward-6(3), Surat Vs. Opp. Govt. Engineering College, Motera, Ahmedabad-380005 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aazpp 0099 B (अपीलाथ" /Appellant ) (""थ" /Respondent)

2 is allowed then assessee would be benefitted if deduction u/s 54EC of Rs.50,00,000 is allowed against sale of land. 5. On the facts and circumstances of the case as well as law on the subject, the learned CIT(A) has erred in confirming the action of Assessing Officer in making addition of Rs.2

MANJULABEN BABUBHAI THUMAR,SURAT vs. THE INCOME TAX OFFICER, WARD-1(2)(6),, SURAT

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

Bench: Shri Sandeep Gosain & Shri O.P.Meenaआ.अ.सं./I.T.A No.2997/Ahd/2016 िनधा"रणवष"/Assessment Year: 2013-14 Manjulaben Babubhai Thumar, V. Income Tax Officer, Flat No.195, 01St Floor, Road No.6F, Ward-1(2)(6), Surat. Udyognagar, Udhna, Surat-394 210. [Pan: Aajpt 4629 F] अपीलाथ" / Appellant ""थ"/Respondent

transfer.” Manjulaben Babubhai Thumar v. ITO, Ward-1(2)(6),Surat/ITA. 2997/AHD/2016/A.Y.2013-14 Page 2 of 5 4. Brief facts of the case are that the assessee has sold non-agriculture land at R.S. No. 177, Paiki Block No.80, Paiki Plot No.A/8, Moje Vanz Surat vide registered no. SRT/6/kRY/1375 dated 28-03-2013 for the consideration of the Rs.2

ENGINEERING PROFESSIONAL CO. PVT LTD,SURAT vs. PCIT-1, SURAT

In the result, appeal of the assessee is partly allowed

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita No.541/Srt/2024 Assessment Year: (2018-19) (Physical Hearing) Engineering Professional Co. Pvt. Ltd., Vs. The Pcit -1, 444, Royal Arcade, Opp. Sarthana Zoo, Surat Varachha Road, Near Sarthana Jakatnaka, Surat – 395006, Gujarat "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aabce0313Q (Appellant) (Respondent) Appellant By Shri P. M. Jagasheth, Ca Respondent By Shri Ravi Kant Gupta, Cit(Dr) Date Of Hearing 13/02/2025 Date Of Pronouncement 19/02/2025

50C of the Act is correct in the given facts and circumstances of the case. Before deciding the ITA No.541/SRT/2024/AY.2018-19 Engineering Professional Co. Pvt. Ltd. issue, it would be proper to examine the scope and ambit of section 263 of the Act, the relevant part of which for the present appeal reads as under: “263. (1) The [Principal Chief Commissioner