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6 results for “house property”+ Section 13(3)(c)clear

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Key Topics

Section 69B8Addition to Income6Section 1325Search & Seizure5Section 143(3)3Section 142A3Section 124(3)(a)2Section 124(2)2Section 250(1)

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

ITA 135/VNS/2020[2017-2018]Status: DisposedITAT Varanasi05 Jan 2026AY 2017-2018

Bench: Shri Kul Bharat & Shri Anadee Nath Misshra

Section 124(1)(a)Section 124(2)Section 124(3)(a)Section 250(1)Section 255(4)Section 69A

house property or in shares or in bands, without proving the factual existence of such an investment? There must be some starting point. It would be all too easy (and oppressive (sic) for an Income-tax Officer to say to an assessee that "your background shows that you have a lot of money. You must have invested it. Now tell

YOGESH KUMAR VERMA,BALLIA vs. DC/ACIT, CC, VARANASI

2
Section 153C2

In the result, the appeals of the assessees are allowed

ITA 44/VNS/2022[2018-2019]Status: DisposedITAT Varanasi05 Oct 2023AY 2018-2019

Bench: Shri. B. R. Baskaran & Shri Amit Shuklaassessment Year:2018-19 Pramod Kumar V. The Dc/Acit, C/O D.P. Jewellers Central Circle Station Road, Chowk Varanasi Ballia Tan/Pan:Amypk5524D (Appellant) (Respondent) Assessment Year:2018-19 Kanchan Sarraf V. The Dc/Acit, C/O D.P. Jewellers Central Circle Station Road, Chowk Varanasi Ballia Tan/Pan:Ahnpd1118Q (Appellant) (Respondent) Assessment Year:2018-19 Yogesh Kumar Verma V. The Dc/Acit, C/O D.P. Jewellers Central Circle Station Road, Chowk Varanasi Ballia Tan/Pan:Amypk5523E (Appellant) (Respondent) Appellant By: S/Shri V.K. Jindal & Ashish Jindal, C.A. Respondent By: Shri Robin Chaudhary, Cit Date Of Hearing: 27 09 2023 Date Of Pronouncement: 05 10 2023 O R D E R

For Appellant: S/Shri V.K. Jindal & Ashish Jindal, C.AFor Respondent: Shri Robin Chaudhary, CIT
Section 132Section 142ASection 143(3)Section 69B

13,653/- in the case of Kanchan Sarraf; and at Rs.9,26,786/- in the case of Yogesh Kumar Verma. 3. The brief facts of the case are that a search and seizure action under section 132 of the I.T. Act was conducted at the residential and business premises of the assessees on 21.2.2018. During the course of assessment proceedings

PRAMOD KUMAR,BALLIA vs. DC/ACIT, CENTRAL CIRCLE, VARANASI

In the result, the appeals of the assessees are allowed

ITA 84/VNS/2023[2018-2019]Status: DisposedITAT Varanasi05 Oct 2023AY 2018-2019

Bench: Shri. B. R. Baskaran & Shri Amit Shuklaassessment Year:2018-19 Pramod Kumar V. The Dc/Acit, C/O D.P. Jewellers Central Circle Station Road, Chowk Varanasi Ballia Tan/Pan:Amypk5524D (Appellant) (Respondent) Assessment Year:2018-19 Kanchan Sarraf V. The Dc/Acit, C/O D.P. Jewellers Central Circle Station Road, Chowk Varanasi Ballia Tan/Pan:Ahnpd1118Q (Appellant) (Respondent) Assessment Year:2018-19 Yogesh Kumar Verma V. The Dc/Acit, C/O D.P. Jewellers Central Circle Station Road, Chowk Varanasi Ballia Tan/Pan:Amypk5523E (Appellant) (Respondent) Appellant By: S/Shri V.K. Jindal & Ashish Jindal, C.A. Respondent By: Shri Robin Chaudhary, Cit Date Of Hearing: 27 09 2023 Date Of Pronouncement: 05 10 2023 O R D E R

For Appellant: S/Shri V.K. Jindal & Ashish Jindal, C.AFor Respondent: Shri Robin Chaudhary, CIT
Section 132Section 142ASection 143(3)Section 69B

13,653/- in the case of Kanchan Sarraf; and at Rs.9,26,786/- in the case of Yogesh Kumar Verma. 3. The brief facts of the case are that a search and seizure action under section 132 of the I.T. Act was conducted at the residential and business premises of the assessees on 21.2.2018. During the course of assessment proceedings

KANCHAN SARRAF,BALLIA vs. DC/ACIT, CENTRAL CIRCLE, VARANASI

In the result, the appeals of the assessees are allowed

ITA 85/VNS/2023[2018-2019]Status: DisposedITAT Varanasi05 Oct 2023AY 2018-2019

Bench: Shri. B. R. Baskaran & Shri Amit Shuklaassessment Year:2018-19 Pramod Kumar V. The Dc/Acit, C/O D.P. Jewellers Central Circle Station Road, Chowk Varanasi Ballia Tan/Pan:Amypk5524D (Appellant) (Respondent) Assessment Year:2018-19 Kanchan Sarraf V. The Dc/Acit, C/O D.P. Jewellers Central Circle Station Road, Chowk Varanasi Ballia Tan/Pan:Ahnpd1118Q (Appellant) (Respondent) Assessment Year:2018-19 Yogesh Kumar Verma V. The Dc/Acit, C/O D.P. Jewellers Central Circle Station Road, Chowk Varanasi Ballia Tan/Pan:Amypk5523E (Appellant) (Respondent) Appellant By: S/Shri V.K. Jindal & Ashish Jindal, C.A. Respondent By: Shri Robin Chaudhary, Cit Date Of Hearing: 27 09 2023 Date Of Pronouncement: 05 10 2023 O R D E R

For Appellant: S/Shri V.K. Jindal & Ashish Jindal, C.AFor Respondent: Shri Robin Chaudhary, CIT
Section 132Section 142ASection 143(3)Section 69B

13,653/- in the case of Kanchan Sarraf; and at Rs.9,26,786/- in the case of Yogesh Kumar Verma. 3. The brief facts of the case are that a search and seizure action under section 132 of the I.T. Act was conducted at the residential and business premises of the assessees on 21.2.2018. During the course of assessment proceedings

ACIT, CC,, VARANASI vs. M/S D.S. INFRAHEIGHTS PVT. LTD.,, VARANASI

In the result, both the appeals of the revenue are dismissed

ITA 114/VNS/2020[2015-2016]Status: DisposedITAT Varanasi23 Nov 2023AY 2015-2016

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

Section 132Section 153CSection 69B

3 Vatika Nirman Pvt. Ltd. & D.S. Infraheights Pvt. Ltd. basis of above said document, the assessment of both the assessees herein, were reopened under section 153C of the Act. 4. During the course of assessment proceedings, the Assessing Officer examined the shareholding pattern of both the assessee companies herein. He found that the shareholders of both the companies were

ACIT, CC, VARANASI vs. M/S VATIKA NIRMAN PVT. LTD.,, LUCKNOW

In the result, both the appeals of the revenue are dismissed

ITA 115/VNS/2020[2015-2016]Status: DisposedITAT Varanasi23 Nov 2023AY 2015-2016

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

Section 132Section 153CSection 69B

3 Vatika Nirman Pvt. Ltd. & D.S. Infraheights Pvt. Ltd. basis of above said document, the assessment of both the assessees herein, were reopened under section 153C of the Act. 4. During the course of assessment proceedings, the Assessing Officer examined the shareholding pattern of both the assessee companies herein. He found that the shareholders of both the companies were