Department had previously taxed the said amount in the hand of the
Angadia operating the said mini bus substantially and on protective
basis ... hands of the petitioner. Subsequently, however,
additions in case of the Angadia was deleted. Addition made in the
case of the present petitioner was, therefore
also in his statement recorded admitted to have
arranged cash transfer through angadias as per instruction of
Vikram Patel
170/Ahd/2021 and 12 Others ... Jain;
• K. C Jain also revealed the names of angadias(cash carriers)
involved in transferring cash and one of them, Sh Jayesh
Chauhan accepted working
cash from dealers to
appellants within the state mostly the services of Angadias was being
used, however for collection of cash outside the State mostly ... price declared at the
time of clearance, through the intricate mechanism involving Angadias,
personal representatives and through bank/ shroffs.
3 The matter was argued
based on the private records, the statements of tile
manufacturers and Shroff/ Angadias is concerned; it is argued by the appellants that the
entire exercise ... statements of
ceramic tile manufacturer and the statements of Shroffs and Angadias. The amount so
worked out has been worked
getting the money from appellant No. 10 to 15 in cash, through angadia service or otherwise and getting the same converted into Bank Draft ... helped in the sale of excise invoices or transfer of funds through angadia services and he has not dealt with the physical delivery
Breaking Scarp were returned by
the Ship-breaking units in cash through angadias. During the search of the
respondent's premises there ... seizure of any cash. There is no statement
of any angadia about payment being returned to the Respondent through
such angadia. The show cause notice
Breaking Scarp were returned by
the Ship-breaking units in cash through angadias. During the search of the
respondent‟s premises there is no seizure ... cash. There is no
statement of any angadia about payment being returned to the Respondent
through such angadia. The show cause notice has been relied
operative Credit Society Ltd. is operating on the basis of typical Angadia Model
without maintaining proper documentation regarding identity of persons depositing
and withdrawing ... seen that the society is
operating on the basis of typical Angadia Model, without maintaining proper
documentation regarding identity of persons depositing and withdrawing
appellant that he had
dispatched any gold-smuggled or otherwise through any angadia firm.
Hence, imposition of penalty upon Appellant on this ground alone ... Akhandjyot
Jewels LLP and he had never arranged any buyers or
angadia/courier to sell gold from Shri
7
C/10098/2022
RutugnaArvindkumarTrived
Somabhai Kanchanlal & Co. (Supra), in which the assessee was
carrying on Angadia business having given plausible explanation in
respect of cash and diamond found ... Income Tax Act to provide any exemption to the business of "Angadia"
from any liability under the Act. "Angadia" is equally
