| 18687600 | Section 145 Accounting method - Revenue recognition - Royalty income and revenue uncertainty
-- Assessee, engaged in manufacturing and marketing slurry pumps, entered into a sub-license agreement ......
Del-Trib -- 06 Jun 2025
Weir Mineral (India) (P) Ltd. v. Dy. CIT Partly in assessee|s favour.
ITA No. 4713/DEL/2019
2025 TaxPub(DT) 3897 (Del-Trib)
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| 18612200 | Section 145(3) Accounting method - Rejection - Estimation of Income on Bogus Purchases Without Prop -- Assessee, engaged in pesticide business, reported total purchases of Rs. 25.73 crore, out of which R......
Ahd-Trib -- 22 May 2025
Anam Pesticides (P) Ltd. v. ITO Matter remanded
I.T.A. No. 1444/Ahd/2024
2025 TaxPub(DT) 3401 (Ahd-Trib)
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| 18615600 | Section 145A Accounting method - Calculation of total turnover - AO included excise duty while calc -- Assessee was a domestic company. AO completed its assessment and computed tax @ 30% plus applicable ......
Kol-Trib -- 22 May 2025
Satyam Smelters (P) Ltd. v. DCIT In assessee|s favour.
ITA No. 2493/Kol/2024
2025 TaxPub(DT) 3430 (Kol-Trib)
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| 18617900 | Section 145(3) Accounting method - Rejection - GP rate application - -- AO rejected the books under section 145(3), alleging inflated sales during demonetization, and appli......
Del-Trib -- 16 May 2025
DCIT v. MGV Jain Jewellers (P) Ltd. In assessee|s favour
ITA No. 112/Del/2023
2025 TaxPub(DT) 3453 (Del-Trib)
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| 18503600 | Section 145(3) Accounting method - Rejection of - AO sought to add total turnover under section 68 -- AO rejected assessee|s books under section 145(3), citing manipulation to inflate cash sales. CIT(A)......
Mum-Trib -- 15 Apr 2025
Creative Gems & Jewellery Ltd. v. Asstt. CIT In assessee|s favour.
ITA 2053/MUM/2024 and ITA 2821/MUM/2024
2025 TaxPub(DT) 2791 (Mum-Trib)
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| 18604800 | Section 145(3) Assessment - Disallowance of expenses - No rejection of books of account - -- Assessee, a government civil contractor, filed its return for declaring income of Rs. 47,35,490. AO ......
Del-Trib -- 09 Apr 2025
ITO v. Prahlad Partly in assessee’s favour
ITA No. 42/Del/2024
2025 TaxPub(DT) 3329 (Del-Trib)
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| 18407500 | Section 145(3) Accounting method - Rejection - Estimation of profit @6% of contract receipts - No o -- Assessee-firm was engaged in execution of Civil Engineering Contracts for defence. During its scruti......
Hyd-Trib -- 07 Apr 2025
Dwaraka Pershad Radhey Ramanlal v. ACIT Partly in assessee|s favour.
ITA. No. 1134/Hyd/2024
2025 TaxPub(DT) 2197 (Hyd-Trib)
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| 18318600 | Section 145(3) Accounting method - Estimation of profit - Bogus purchases - -- AO treated purchases declared by assessee as bogus by observing the cash received from suppliers to ......
Del-Trib -- 19 Mar 2025
Jugal Kishor Pradhan v. ITO Partly in favour of assessee.
I.T.A. No. 427/Del/2024
2025 TaxPub(DT) 1684 (Del-Trib)
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