DCIT, CENTRAL CIRCLE-1, VISAKHAPATNAM vs. GVA INDUSTRIES PVT. LTD., DHAMTARI

undisclosed income relating to the\npurchases in 25% of the total purchases. The said decision was confirmed by\nthis Court as well on consideration of the matter, we find that the facts of the\npresent case are identical to those of M/s. Indian Woollen Carpet Factory\n(Supra) at Vijay Proteins Ltd. (Supra). In the present case the Tribunal

GVA INDUSTRIES PRIVATE LIMITED,CHHATTISGARH vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, VISAKHAPATNAM

undisclosed income relating to the\npurchases in 25% of the total purchases. The said decision was confirmed by\nthis Court as well on consideration of the matter, we find that the facts of the\npresent case are identical to those of M/s. Indian Woollen Carpet Factory\n(Supra) at Vijay Proteins Ltd. (Supra). In the present case the Tribunal

GVA INDUSTRIES PRIVATE LIMITED,CHHATTISGARH vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, VISAKHAPATNAM

undisclosed income relating to the\npurchases in 25% of the total purchases. The said decision was confirmed by\nthis Court as well on consideration of the matter, we find that the facts of the\npresent case are identical to those of M/s. Indian Woollen Carpet Factory\n(Supra) at Vijay Proteins Ltd. (Supra). In the present case the Tribunal

DCIT, CENTRAL CIRCLE-1, VISAKHAPATNAM vs. GVA INDUSTRIES PVT. LTD., DHAMTARI

undisclosed income relating to the\npurchases in 25% of the total purchases. The said decision was confirmed by\nthis Court as well on consideration of the matter, we find that the facts of the\npresent case are identical to those of M/s. Indian Woollen Carpet Factory\n(Supra) at Vijay Proteins Ltd. (Supra). In the present case the Tribunal

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR vs. VENKATRAMA POULTRIES PVT. LTD., GUNTUR

undisclosed income relating to the\npurchases in 25% of the total purchases. The said decision was confirmed\nby this Court as well on consideration of the matter, we find that the facts o\nof the present case are identical to those of M/S. Indian Woollen Carper\nFactory (Supra) at Vijay Proteins Ltd. ((Supra)) In the present case the\nTribunal

ASSISTANT COMMISSIONER OF INCOMETAX, CENTRAL CIRCLE-2, RAJAHMUNDRY vs. USHA BALA AGRO FARMS PVT. LTD, ELURU

In the result, appeals of the Revenue for the AYs 2016-17 to 2019-20 are dismissed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

Bogus Payments 792910 Lease Payment 1325929 in ITR Scrap Sales 243375 Payments into Bank 2000000 Child Fish Purchase 0 Land purchase not in 0 ITR Medicine Purchases 2665278 Salary Payment 20000 Transportation 70990 Charges Sand Filling 0 Electricity Bill 62123 Donations 0 Total 82393920 Total 27376947 The Ld AO thus worked out the unaccounted income

ACIT, CENTRAL CIRCLE-2, RAJAHMUNDRY vs. USHA BALA AGRO FARMS PVT LTD, ELURU

In the result, appeals of the Revenue for the AYs 2016-17 to 2019-20 are dismissed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

Bogus Payments 792910 Lease Payment 1325929 in ITR Scrap Sales 243375 Payments into Bank 2000000 Child Fish Purchase 0 Land purchase not in 0 ITR Medicine Purchases 2665278 Salary Payment 20000 Transportation 70990 Charges Sand Filling 0 Electricity Bill 62123 Donations 0 Total 82393920 Total 27376947 The Ld AO thus worked out the unaccounted income

ACIT, CENTRAL CIRCLE-2, RAJAHMUNDRY vs. USHA BALA AGRO FARMS PVT LTD, ELURU

In the result, appeals of the Revenue for the AYs 2016-17 to 2019-20 are dismissed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

Bogus Payments 792910 Lease Payment 1325929 in ITR Scrap Sales 243375 Payments into Bank 2000000 Child Fish Purchase 0 Land purchase not in 0 ITR Medicine Purchases 2665278 Salary Payment 20000 Transportation 70990 Charges Sand Filling 0 Electricity Bill 62123 Donations 0 Total 82393920 Total 27376947 The Ld AO thus worked out the unaccounted income

ACIT, CENTRAL CIRCLE-2, RAJAHMUNDRY vs. USHA BALA AGRO FARMS PVT LTD, ELURU

In the result, appeals of the Revenue for the AYs 2016-17 to 2019-20 are dismissed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

Bogus Payments 792910 Lease Payment 1325929 in ITR Scrap Sales 243375 Payments into Bank 2000000 Child Fish Purchase 0 Land purchase not in 0 ITR Medicine Purchases 2665278 Salary Payment 20000 Transportation 70990 Charges Sand Filling 0 Electricity Bill 62123 Donations 0 Total 82393920 Total 27376947 The Ld AO thus worked out the unaccounted income

ACIT, CENTRAL CIRCLE-2, RAJAHMUNDRY vs. USHA BALA AGRO FARMS PVT LTD, ELURU

In the result, appeals of the Revenue for the AYs 2016-17 to 2019-20 are dismissed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

Bogus Payments 792910 Lease Payment 1325929 in ITR Scrap Sales 243375 Payments into Bank 2000000 Child Fish Purchase 0 Land purchase not in 0 ITR Medicine Purchases 2665278 Salary Payment 20000 Transportation 70990 Charges Sand Filling 0 Electricity Bill 62123 Donations 0 Total 82393920 Total 27376947 The Ld AO thus worked out the unaccounted income

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR vs. VENKATRAMA POULTRIES PVT. LTD., GUNTUR

undisclosed income relating to the\npurchases in 25% of the total purchases. The said decision was confirmed\nby this Court as well on consideration of the matter, we find that the facts o\nof the present case are identical to those of M/S. Indian Woollen Carper\nFactory (Supra) at Vijay Proteins Ltd. ((Supra)) In the present case the\nTribunal

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR vs. VENKATRAMA POULTRIES PVT LTD, GUNTUR

undisclosed income relating to the\npurchases in 25% of the total purchases. The said decision was confirmed\nby this Court as well on consideration of the matter, we find that the facts o\nof the present case are identical to those of M/S. Indian Woollen Carper\nFactory (Supra) at Vijay Proteins Ltd. ((Supra)) In the present case the\nTribunal

DEPUTY COMMISSIONER OF INCOME TAX, GUNTUR vs. VENKATRAMA POULTRIES PVT. LTD, GUNTUR

undisclosed income relating to the\npurchases in 25% of the total purchases. The said decision was confirmed\nby this Court as well on consideration of the matter, we find that the facts o\nof the present case are identical to those of M/S. Indian Woollen Carper\nFactory (Supra) at Vijay Proteins Ltd. ((Supra)) In the present case the\nTribunal

POLISETTY SOMASUNDARAM,GUNTUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR

In the result, appeal of the assessee for the AY 2020-21 is allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.172 To 180/Viz/2023 ("नधा"रणवष"/ Assessment Year : 2012-13 To 2020-21) M/S. Polisetty Somasundaram, Vs. The Deputy Commissioner Of D.No. 8-24-31, Main Road, Income Tax, Mangalagiri Road, Central Circle-1, Guntur – 522001. Guntur. Pan: Aacfp 7251 J (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ"क"ओरसे/ Appellant By : Sri M.V. Prasad, Ar ""याथ"क"ओरसे/ Respondent By : Sri Mn Murthy Naik, Cit-Dr

undisclosed material/income and not before that. While agreeing with the same, the Hon’ble Supreme Court observed that it cannot be disputed that the block assessment proceedings are initiated on the basis of the entire material collected during the search and on the basis of the respective Panchnamas drawn and therefore, the date of the Panchnama last drawn

POLISETTY SOMASUNDARAM,GUNTUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR

In the result, appeal of the assessee for the AY 2020-21 is allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.172 To 180/Viz/2023 ("नधा"रणवष"/ Assessment Year : 2012-13 To 2020-21) M/S. Polisetty Somasundaram, Vs. The Deputy Commissioner Of D.No. 8-24-31, Main Road, Income Tax, Mangalagiri Road, Central Circle-1, Guntur – 522001. Guntur. Pan: Aacfp 7251 J (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ"क"ओरसे/ Appellant By : Sri M.V. Prasad, Ar ""याथ"क"ओरसे/ Respondent By : Sri Mn Murthy Naik, Cit-Dr

undisclosed material/income and not before that. While agreeing with the same, the Hon’ble Supreme Court observed that it cannot be disputed that the block assessment proceedings are initiated on the basis of the entire material collected during the search and on the basis of the respective Panchnamas drawn and therefore, the date of the Panchnama last drawn

POLISETTY SOMASUNDARAM,GUNTUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR

In the result, appeal of the assessee for the AY 2020-21 is allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.172 To 180/Viz/2023 ("नधा"रणवष"/ Assessment Year : 2012-13 To 2020-21) M/S. Polisetty Somasundaram, Vs. The Deputy Commissioner Of D.No. 8-24-31, Main Road, Income Tax, Mangalagiri Road, Central Circle-1, Guntur – 522001. Guntur. Pan: Aacfp 7251 J (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ"क"ओरसे/ Appellant By : Sri M.V. Prasad, Ar ""याथ"क"ओरसे/ Respondent By : Sri Mn Murthy Naik, Cit-Dr

undisclosed material/income and not before that. While agreeing with the same, the Hon’ble Supreme Court observed that it cannot be disputed that the block assessment proceedings are initiated on the basis of the entire material collected during the search and on the basis of the respective Panchnamas drawn and therefore, the date of the Panchnama last drawn

POLISETTY SOMASUNDARAM,GUNTUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR

In the result, appeal of the assessee for the AY 2020-21 is allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.172 To 180/Viz/2023 ("नधा"रणवष"/ Assessment Year : 2012-13 To 2020-21) M/S. Polisetty Somasundaram, Vs. The Deputy Commissioner Of D.No. 8-24-31, Main Road, Income Tax, Mangalagiri Road, Central Circle-1, Guntur – 522001. Guntur. Pan: Aacfp 7251 J (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ"क"ओरसे/ Appellant By : Sri M.V. Prasad, Ar ""याथ"क"ओरसे/ Respondent By : Sri Mn Murthy Naik, Cit-Dr

undisclosed material/income and not before that. While agreeing with the same, the Hon’ble Supreme Court observed that it cannot be disputed that the block assessment proceedings are initiated on the basis of the entire material collected during the search and on the basis of the respective Panchnamas drawn and therefore, the date of the Panchnama last drawn

POLISETTY SOMASUNDARAM,GUNTUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR

In the result, appeal of the assessee for the AY 2020-21 is allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.172 To 180/Viz/2023 ("नधा"रणवष"/ Assessment Year : 2012-13 To 2020-21) M/S. Polisetty Somasundaram, Vs. The Deputy Commissioner Of D.No. 8-24-31, Main Road, Income Tax, Mangalagiri Road, Central Circle-1, Guntur – 522001. Guntur. Pan: Aacfp 7251 J (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ"क"ओरसे/ Appellant By : Sri M.V. Prasad, Ar ""याथ"क"ओरसे/ Respondent By : Sri Mn Murthy Naik, Cit-Dr

undisclosed material/income and not before that. While agreeing with the same, the Hon’ble Supreme Court observed that it cannot be disputed that the block assessment proceedings are initiated on the basis of the entire material collected during the search and on the basis of the respective Panchnamas drawn and therefore, the date of the Panchnama last drawn