DCIT,, GORAKHPUR vs. M/S MAHABIR JITE MILLS, LTD., GORAKHPUR

In the result, (i) the appeal of the assessee for AY 2009-10 is partly allowed and for AY 2020-21 is treated as allowed

Bench: Shri B.R. Baskaran (Am) & Shri Amit Shukla (Jm)

unexplained cash credit u/s 68 of the Act, while accepting the purchases, the said addition is liable to the deleted in accordance with the decisions cited above. Accordingly, we are of the view that the Ld CIT(A) was justified in deleting this addition and accordingly uphold the same. 9. The next issue contested by the revenue relates to disallowance

THE MAHABIR JUTE MILLS LTD.,GORAKHPUR vs. ASST. DIRECTOR OF INCOME TAX, CPC, BENGALURU

In the result, (i) the appeal of the assessee for AY 2009-10 is partly allowed and for AY 2020-21 is treated as allowed

Bench: Shri B.R. Baskaran (Am) & Shri Amit Shukla (Jm)

unexplained cash credit u/s 68 of the Act, while accepting the purchases, the said addition is liable to the deleted in accordance with the decisions cited above. Accordingly, we are of the view that the Ld CIT(A) was justified in deleting this addition and accordingly uphold the same. 9. The next issue contested by the revenue relates to disallowance

DY. COMMISSIONER OF INCOME TAX, CIRCLE - 01, VARANASI vs. PERFECT TECNO COUNSULTANTS PVT. LTD. , VARANASI

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

Bench: Shri Ramit Kochar & Shri Pavan Kumar Gadaleassessment Year: 2017-18 Dy. Commissioner Of Income Perfect Techno Consultants Pvt. Ltd., Tax, Circle-1, Aayakarbhawan, V. N-1/65-A, Narrotam Nagar Colony, M A Road, Varanasi- Nagwa, Lanka Varanasi-221005,U.P. 221002,U.P. Pan:Aagcp3236N (Appellant) (Respondent) Revenue By: Sh. Amalendunath Mishra, Cit Dr Assessee By: Sh. Mohammad Ashraf, C.A. Date Of Hearing: 11.04.2023 Date Of Pronouncement: 13.04.2023 O R D E R

cash credits , compliances of Section 69, 69A, 69B , 69C of the 1961 Act dealing with unexplained investments, unexplained money, unexplained expenditure etc. , deducting of income-tax at source on payments made by tax-payers(Chapter XVII-B), prohibition on making payment otherwise than through prescribed banking modes beyond threshold limits(Section 40A(3) ), dealing at arm length price while dealing

INCOME TAX OFFICER, WARD - 2 (1),, VARANASI vs. PROMINENT DATAMATICS MARKETING PVT. LTD., , VARANASI

Bench: Shri Kul Bharat & Shri Anadee Nath Misshra

cash credit' simplicitor. Such liabilities/ credit balances could not be added to the income of the appellant. Without prejudice to the submissions made above, there is Increase under the head 'current assets' in the year under appeal and also decrease in the figures of loan from others. Even if the Assessing Officer was reluctant to gather information

DHRUV NARAIN SINGH,,GORAKHPUR vs. ITO, WARD - 1 (3),, GORAKHPUR

In the result, the appeal filed by the assessee is partly allowed

Bench: Shri B.R. Baskaran & Shri Amit Shuklaassessment Year: 2008-09 Dhruv Narain Singh, Vs Income-Tax Officer, Bela, Pipraich, Ward – 1(3), Gorakhpur. Gorakhpur. Pan: Aoxpd7241P (Appellant) (Respondent) Assessee By : Shri Shubham Singh, Ca Revenue By : Shri A.K. Singh, Sr. Dr Date Of Hearing : 25.09.2023 Date Of Pronouncement : 26.09.2023 Order Per B.R. Baskaran, Am: The Assessee Has Filed This Appeal Challenging The Order Dated 18-12-2017 Passed By Ld Cit(A), Gorakhpur & It Relates To The Assessment Year 2008-09. 2. The Appeal Is Delayed By 117 Days. The Assessee Has Filed A Petition Requesting The Bench To Condone The Delay. It Is Stated That The Appeal Papers Could Not Be Prepared In Time Due To Inadvertence At The End Of His Tax Consultants. Accordingly, We Are Of The View That There Was Reasonable Cause For The Delay In Filing The Present Appeal. Accordingly, We Condone The Delay & Admit The Appeal For Hearing. 3. The Assessee Is Aggrieved By The Decision Of Ld Cit(A) Rendered On The Following Issues:- (A) Adhoc Disallowance Made From Expenses Claimed On Hiring Of Generator. (B) Addition Of Rs.1,14,100/- Towards Unexplained Cash Deposits Made In The Bank Account Of The Assessee. (C) Addition Of Rs.1,12,166/- Towards Deposits Received By Way Of Transfers. (D) Addition Towards Marriage Expenses Of The Daughter Of The Assessee.

unexplained cash deposits made in the bank account of the assessee. (c) Addition of Rs.1,12,166/- towards deposits received by way of transfers. (d) Addition towards marriage expenses of the daughter of the assessee. 4. We heard the parties and perused the record. The first issue relates to the adhoc disallowance made out of expenses claimed on hiring