VISHAL KANODIA,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed

2. He further noted that Investigation Wing has given the name of the entities, who have purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern

ANJU JHUNJHUNWALA,VARANASI vs. PCIT, VARANASI

In the result, appeal of the assessee is allowed

2. He further noted that Investigation Wing has given the name of the entities, who have purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern

VINOD KUMAR SARAF HUF,GORAKHPUR vs. PCIT,, GORAKHPUR

In the result, appeal of the assessee is allowed

2. He further noted that Investigation Wing has given the name of the entities, who have purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern

GOPI KRISHNA VINOD KUMAR HUF,GORAKHPUR vs. PCIT,, GORAKHPUR

In the result, appeal of the assessee is allowed

2. He further noted that Investigation Wing has given the name of the entities, who have purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern

DY. COMMISSIONER OF INCOME TAX, CIRCLE - 01,, VARANASI vs. SHRI GANESH PRASAD,, VARANASI

The appeal of the Revenue is allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2017-18 The Deputy Commissioner Of Income - Mr. Ganesh Prasad, Tax, V. S-6/108, Golghar Katchhari, Circle-1, Aayakarbhawan, Varanasi-221002, U.P. Maqboolalam Road Varanasi-221002, U.P.

bogus sale. The assessee has declared cash sale during the F.Y. 2016-17 as under: Month Cash Sales 7 Assessment Year: 2017-18 DCIT, Circle-1, Varanasi v. Mr. Ganesh Prasad, Varanasi April ,2016 3280522 May,2016 3058628 June ,2016 2884982 July ,2016 3808270 August ,2016 3921453 September ,2016 2673140 Thus, the AO observed that the maximum sales declared