ITAT Jaipur Judgments — May 2021

The Tribunal accepted the assessee's request to treat the appeal and cross-objection as withdrawn. This was based on the settlement of the matter under the Vivad Se Vishwas Scheme.

The Tribunal held that the reopening proceedings were initiated without valid jurisdiction, as the Assessing Officer's belief was based on borrowed satisfaction and lacked independent verification. Consequently, the reassessment order was quashed.

The Tribunal condoned the delay in filing the appeal, citing a liberal approach towards 'sufficient cause' for delay. The appeal was admitted for hearing on its merits.

The Tribunal held that the assessee's explanation regarding the availability of cash from agricultural and other income, as well as past savings, appeared reasonable. The Tribunal directed the deletion of the addition sustained by the CIT(A) on account of unexplained income.

The Tribunal held that since the assessee's income was exempt and the assessment was completed at nil income, the penalty for late filing was not justified. The Tribunal relied on judicial pronouncements stating that penalty should not be imposed when no tax is payable.

The Tribunal accepted the assessee's request to withdraw the appeal. The appeal was dismissed as withdrawn by the assessee.

The tribunal accepted the assessee's request to withdraw the appeal. The appeal was dismissed as withdrawn by the assessee.

The Tribunal held that once books of accounts are rejected, income should be estimated based on best judgment. Since a higher GP rate of 15.42% was already accepted in the first round, a fresh estimation of 13% and further addition was not justified.

The tribunal permitted the assessee to withdraw the appeal as the assessee had opted for settlement under the Vivad Se Vishwas Scheme.

The tribunal permitted the assessee to withdraw the appeal as the assessee had opted to settle the dispute under the Vivad Se Vishwas Act, 2020.

The Tribunal permitted the assessee to withdraw the appeal as they had opted for settlement under the Vivad Se Vishwas Scheme. The appeal was accordingly dismissed as withdrawn.

The assessee sought to withdraw the appeal as they had opted for the 'Vivad Se Vishwas Scheme' to settle the matter. The Revenue had no objection to the withdrawal.

The Tribunal permitted the assessee to withdraw the appeal as it was settled under the Vivad Se Vishwas Scheme. The appeal was deemed withdrawn upon issuance of the certificate under Section 5(1) of the scheme.

The Tribunal permitted the assessee to withdraw the appeal as the dispute was settled under the 'Vivad Se Vishwas Scheme'. The appeal was accordingly dismissed as withdrawn.

The tribunal allowed the assessee to withdraw the appeal. This was based on the assessee opting for the 'Vivad Se Vishwas' scheme.

The Tribunal decided that the sale consideration should be taken as the value determined by the Sub-Registrar for the purpose of capital gains calculation. The appeal was allowed on this ground.

The tribunal condoned the delay in filing the appeal. It allowed the disallowance of birthday celebration expenses, holding them to be staff welfare expenses. However, it upheld the disallowance of a portion of vehicle running and maintenance expenses and visiting faculty expenses.