| 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. Revenue Appeal Dismissed
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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| 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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| 18432100 | Section 145(3) Accounting method - Rejection of books - Failure to demonstrate specific deficienc -- Assessee, a partnership-firm engaged in manufacturing tobacco and trading perfumery products, report......
Del-Trib -- 12 Mar 2025
Satya Pal Shiv Kumar v. ACIT In assessee|s favour.
ITA No. 3736/Del/2023
2025 TaxPub(DT) 2387 (Del-Trib) : (2025) 212 ITD 0473
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| 18327300 | Sectionn 145A Accounting method - Addition of estimated net profit under section 145A - - -- AO estimated a higher gross profit (GP) rate, adding Rs. 8,25,834 without rejecting the books of acc......
Ahd-Trib -- 07 Mar 2025
Asstt. CIT v. Govind Jairamdas Changlani In favour of assessees.
ITA No. 183/Ahd/2024
2025 TaxPub(DT) 1746 (Ahd-Trib)
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| 18206100 | Section 145(3) Accounting method - Rejection - Estimation of income - Bogus purchases -- AO based on investigation revealing bogus purchases rejected assessees books and disallowed 25% of b......
Raipur Bench -- 10 Feb 2025
Kamlesh Kumar Kesharwani v. Asstt. CIT Partly in favour of assessees.
ITA Nos. 122, 123 & 124/RPR/2024, ITA Nos. 135, 136 & 138/RPR/2024
2025 TaxPub(DT) 1084 (Raipur Bench)
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