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                       Petitioner     WP(C)           AY      Date of          Date of          Date of
                         Name                                 Satisfaction     Satisfaction     Section
                                                              note by          note by           153C
                                                              Assessing        Assessing         notice
                                                              Officer of the   Officer of
                                                              searched         the non-
                                                              person           searched
                                                                               person
                  Vineeta Gupta       3907/2023       2010-      Undated         17.03.2022    23.03.2022
                                                       11      (Annexure P      (Annexure P   (Annexure P
                                                                   16)               13)           2)

                  Alankit             4784/2023       2010-    Not Provided     24.12.2021     28.12.2021
                  Insurance                            11                      (Annexure P    (Annexure P
                  Brokers Ltd.                                                      5)             2)
                  Alankit Finsec      4836/2023       2010-    Not Provided     24.12.2021     28.12.2021
                  Ltd.                                 11                      (Annexure P    (Annexure P
                                                                                    8)             2)
                  New      Wave       4944/2023       2010-     14.02.2022      25.02.2022     25.02.2022
                  Realtor   Pvt.                       11      (Annexure P     (Annexure P    (Annexure P
                  Ltd.                                              16)             8)             4)
                  Vineeta Gupta       4993/2023       2011-      Undated        17.03.2022     23.03.2022
                                                       12      (Annexure P     (Annexure P    (Annexure P
                                                                    16)             2)             3)
                  Shashi Garg         5128/2023       2010-     09.03.2022      15.03.2022     15.03.2022
                                                       11     (Annexure P 7)   (Annexure P    (Annexure P
                                                                                    11)            2)
                  New       Wave      5150/2023       2011-     14.02.2022      25.02.2022     25.02.2022
                  Realtor    Pvt.                      12      (Annexure P     (Annexure P    (Annexure P
                  Ltd.                                              14)             6)             2)
                  Alankit             5181/2023       2011-    Not Provided     24.12.2021     28.12.2021
                  Insurance                            12                      (Annexure P    (Annexure P





                   Brokers Ltd.                                                      5)             2)
                  Alankit             5182/2023       2011-   Not Provided      24.12.2021     28.12.2021
                  Insurance TPA                        12                      (Annexure P    (Annexure P
                  Ltd.                                                              6)             2)
                  Alka Agarwal        5216/2023       2010-   Not Provided      24.12.2021     30.12.2021
                                                       11                      (Annexure P    (Annexure P
                                                                                    7)             2)
                  Vikas    Surya      5217/2023       2011-     14.02.2022      17.02.2022     22.03.2022
                  Developers                           12     (Annexure P 6)   (Annexure P    (Annexure P
                                                                                    6)             2)
                  Alka Agarwal        5224/2023       2011-   Not Provided      24.12.2021     30.12.2021
                                                       12                      (Annexure P    (Annexure P
                                                                                    8)             2)
                  Alankit Forex       5236/2023       2010-   Not Provided      24.12.2021     28.12.2021
                  India Pvt. Ltd.                      11                      (Annexure P    (Annexure P
                                                                                    7)             2)
                  Tina Organic        5240/2023       2011-   Not Provided     Not Provided    21.03.2022

                  Pratishtha          5249/2023       2011-   Not Provided      24.12.2021     28.12.2021
                  Images Ltd.                          12                      (Annexure P    (Annexure P
                                                                                    7)             2)
                  AlankitFinsec       5252/2023       2011-   Not Provided      24.12.2021     28.12.2021
                  Ltd.                                 12                      (Annexure P    (Annexure P
                                                                                    7)             2)
                  Tina Organic        5368/2023       2010-   Not Provided     Not Provided    21.03.2022

Alankit Forex       5370/2023       2011-   Not Provided      24.12.2021     28.12.2021
                  India Pvt. Ltd.                      12                      (Annexure P    (Annexure P
                                                                                    6)             2)
                  Pratishtha          5626/2023       2010-   Not Provided      24.12.2021     28.12.2021
                  Images Ltd.                          11                      (Annexure P    (Annexure P
                                                                                    7)             2)
                  Alankit             5643/2023       2010-   Not Provided      24.12.2021     28.12.2021
                  Insurance TPA                        11                      (Annexure P    (Annexure P
                  Ltd.                                                              7)             2)
                  Tarun Kumar         5662/2023       2010-     20.12.2021      24.12.2021     28.12.2021
                  Sahay                                11     (Annexure P 5)   (Annexure P    (Annexure P
                                                                                    10)            2)
                  Vikas               5789/2023       2010-   Not Provided      17.02.2022     22.03.2022
                  Promoters Pvt.                       11                      (Annexure P    (Annexure P
                  Ltd.                                                              9)             2)
                  Vinod               5790/2023       2011-     10.03.2022     Not Provided    23.03.2022
                  Maheshwari                           12     (Annexure P 8)                  (Annexure P
                                                                                                   2)
                  Vinod               5794/2023       2010-     10.03.2022     Not Provided    23.03.2022
                  Maheshwari                           11     (Annexure P 7)                  (Annexure P
                                                                                                   2)
                  Shanti Kumar        6160/2023       2011-   Not Provided      28.02.2022     02.05.2022
                  Aggarwal HUF                         12                      (Annexure P    (Annexure P
                                                                                    6)             2)
                  Vikas               6260/2023       2011-   Not Provided      17.02.2022     22.03.2022
                  Promoters Pvt.                       12                      (Annexure P    (Annexure P





                   Ltd.                                                              9)            2)
                  Tarun   Kumar       6284/2023       2011-     20.12.2021      24.12.2021    28.12.2021
                  Sahay                                12     (Annexure P 8)   (Annexure P   (Annexure P
                                                                                    9)            2)
                  Sakshi Agarwal      6673/2023       2012-   Not Provided      24.12.2021    30.12.2021
                                                       13                      (Annexure P   (Annexure P
                                                                                    6)            2)
                  Vineeta Gupta       6962/2023       2012-     Undated         17.03.2022    23.03.2022
                                                       13     (Annexure P      (Annexure P   (Annexure P
                                                                  10)               6)            2)
                  Pratishtha          7157/2023       2012-   Not Provided      24.12.2021    28.12.2021
                  Images Ltd.                          13                      (Annexure P   (Annexure P
                                                                                    6)            2)
                  Alka Agarwal        7272/2023       2012-   Not Provided      24.12.2021    30.12.2021
                                                       13                      (Annexure P   (Annexure P
                                                                                    5)            2)
                  Alankit             7279/2023       2012-   Not Provided      24.12.2021    28.12.2021
                  Insurance TPA                        13                      (Annexure P   (Annexure P
                  Limited                                                           6)            2)
                  Alankit             7281/2023       2012-   Not Provided      24.12.2021    28.12.2021
                  Insurance                            13                      (Annexure P   (Annexure P
                  Brokers Ltd.                                                      5)            2)
                  AlankitFinsec       7283/2023       2012-   Not Provided      24.12.2021    28.12.2021
                  Ltd.                                 13                      (Annexure P   (Annexure P
                                                                                    5)            2)
                  Shanti Kumar        7374/2023       2012-   Not Provided      28.02.2022    02.05.2022
                  Agarwal HUF                          13                      (Annexure P   (Annexure P
                                                                                    5)            2)
                  Alankit Forex       7401/2023       2012-   Not Provided      24.12.2021    28.12.2021
                  India Ltd.                           13                      (Annexure P   (Annexure P
                                                                                    7)            2)
                  Vivek Garg          7821/2023       2011-   Not Provided      11.03.2022    05.05.2022
                                                       12                      (Annexure P   (Annexure P
                                                                                    6)            2)
                  Vivek Garg          7822/2023       2010-   Not Provided      11.03.2022    05.05.2022
                                                       11                      (Annexure P   (Annexure P
                                                                                    6)            2)
                  New     Wave        9124/2023       2012-     14.02.2022      25.02.2021    25.02.2022
                  Realtors Pvt.                        13      (Annexure P     (Annexure P   (Annexure P
                  Ltd.                                              15)             7)            2)



7. For the sake of convenience, we propose to notice the facts as they obtain in WP(C) 5217/2023. The petitioner submitted a Return of Income 5 on 30 September 2011 for AY 2011-12. On 18 October 2019, a search and seizure operation is stated to have been carried out in respect of the Alankit Group of Companies 6. On 22 March 2022, the petitioner was served with a notice purporting to be under Section 153C of the Act requiring it to submit a true and correct return of its total income for AY 2011-12. The aforesaid notice was followed by a communication dated 22 December 2022 under Section 142(1) requiring the petitioner to produce accounts and documents as per the annexure appended thereto. A follow-up notice under Section 142(1) of the Act was thereafter issued on 01 February 2023. It is alleged by the respondents that since the petitioner did not respond to the aforesaid ROI Alankit Group communications, they were constrained to issue notices under Section 144 of the Act and which were dated 22 February 2023 and 03 March 2023. In response to the aforesaid, the petitioner submitted its response on 15 March 2023.

"Satisfaction note for initiating proceedings u/s 153C of the Income Tax Act 1961 in the case of Smt. Vineeta Gupta (PAN- AEIPG1608L), by AO of other than the searched person
1. A search and seizure operation was carried out in the Alankit Group of cases on 18.10.2019 subsequently the said group was centralized to the jurisdiction of the undersigned. Accordingly, during the course of assessment proceedings u/s 153A of Alankit Group, material /documents related to case of Smt. Vineeta Gupta have been found.
"3. As per satisfaction note dated 20.06.2022, during the course of search and seizure operation, some incriminating documents were found and seized marked as Annexure A-32 as SUNIL KUMAR GUPTA HP LAPTOP. The ledgers of Shri Vijay Kumar obtained from the laptop of Shri Sunil Kumar Gupta have been found and seized from the residence of Sh. Sunil Kumar Gupta at 3584/4 Narang Colony, Gali No. 4, Tri Nagar, Delhi, during the course of search u/s 132 of the Income-tax Act, 1961 carried in the case of Sh. Alok Kumar Agarwal, Sh. Ankit Agarwal, M/s Alankit Limited and M/s Alankit Assignments Limited wherein it has been found that the transactions entered into by various beneficiaries with various shell entities controlled by Alok K Agarwal, against the unaccounted cash or otherwise to take accommodation entries, are tabulated below: