ORDER

PER V. DURGA RAO, J.M. :

The above five appeals are filed by twin Assessees against the respective orders of the learned Principal Commissioner of Income Tax, Nagpur-1, Nagpur, relating to assessment years 2017-18, 2018-19 and 2019-20. Since common issues are involved in these appeals, these appeals were heard together and are being disposed of by this consolidated order for the sake of convenience and brevity.

2. First we take-up appeal ITA .No.251/NAG./2024 for the assessment year 2017-2018 as “lead” appeal. Both the parties are agreed to that the decision taken in this appeal, be applicable in the remaining appeals.

ITA .No.251/NAG./2024 – A.Y. 2017-2018 [Neel Infratech] :

3. Facts of the case, in brief, are that the assessee is a partnership firm engaged in marketing associate in the field of Real Estate Business. The assessee filed it’s original return of income u/sec.139(1) of the Act on 08.09.2017 declaring total income of Rs.23,660/. Subsequently, a survey action u/sec.133A of the Act was conducted at the business premises of M/s. Tirupati Developers and during the survey proceedings, certain incriminating documents were found and impounded related to the assessee. Accord