How many judgments cite CIT v. Precision Finance (P.) Ltd.?

64 judgments on BharatTax cite CIT v. Precision Finance (P.) Ltd. (82 Taxmann 31), spanning 2016 to 2026.

Which sections of the Income Tax Act does CIT v. Precision Finance (P.) Ltd. come up under?

It is most often cited in judgments turning on Section 143(3), Section 68, Section 142(1), Section 133(6), Section 143(2), Section 115BBE.

CIT v. Precision Finance (P.) Ltd.

82 Taxmann 31High Court1995#1775 most cited

What is CIT v. Precision Finance (P.) Ltd. authority for?

To prove cash credits under Section 68, the assessee must establish the identity, creditworthiness of the creditor, and genuineness of the transaction; mere furnishing of particulars or payment by account payee cheque is insufficient.

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2016 to 2026.

Also referred to as

CIT v. Precision Finance (P.) Ltd. · Section 68 · onus of proof · cash credits · identity of creditors · creditworthiness of creditors · genuineness of transaction · account payee cheque · share application money · accommodation entry · Section 133(6)

Also reported as

121 CTR 20

Sections most often in play

Section 143(3)Section 68 Section 142(1)Section 133(6)Section 143(2)Section 115BBE Section 147 Section 1961

Issues it is cited on

onus of proof valuation of shares source of source share capital and share premium permanent account number addition u/s 68 creditworthiness of the creditor share application money genuineness of the transaction accommodation entry rejection of books of account borrowed satisfaction

Judgments citing CIT v. Precision Finance (P.) Ltd.

Mark Steels Limited, Kolkata vs. DCIT, Circle 3(1), Kolkata

In the result, the appeal filed by the assessee is allowed

ITA 2603/KOL/2025[2011-2012]Status: DisposedITAT Kolkata26 Feb 2026AY 2011-2012

Bench: Shri George Mathan & Shri Rakesh Mishra

Section 143(3)Section 147Section 148Section 250Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA ‘C’ BENCH AT KOLKATA Before SHRI GEORGE MATHAN, JUDICIAL MEMBER & SHRI RAKESH MISHRA, ACCOUNTANT MEMBER ITA No(s).: 2603/KOL/2025 Assessment Year(s): 2011-12 Mark Steels Limited DCIT, Circle-3(1), Kolkata Vs. (Appellant) (Respondent) PAN: AACCM8187B Appearances: Assessee represented by : S.K. Tulsiyan Adv. and Lata Goyal, CA. Department represented by : Ruchika Sharma, Sr. DR. Date of concluding the hearing : 15-January-2026 Date of pronouncing the order : 26-February-2026 ORDER PER RAKESH MISHRA, ACCOUNTANT MEMBER: This appeal filed by the assessee is against the orde…

Narayani Siddhar Peedam Charitable Trust, Vellore vs. DDIT (Exemptions-III), Chennai

ITA 1532/CHNY/2025[2011-12]Status: DisposedITAT Chennai26 Nov 2025AY 2011-12

Bench: Shri George George K & Shri Jagadishआयकर अपील सं./Ita No.: 1532/Chny/2025 निर्धारण वर्ष/Assessment Year: 2011-12 Shri Narayani Siddhar Peedam Charitable Trust, Rep. By Trustee, K. Soundararajan, Thirumalaikodi, Ariyur Village, Vellore 632 055. Pan: Aaatn 3254F (अपीलार्थी/Appellant) अपीलार्थी की ओर से/Appellant By प्रत्यर्थी की ओर से/Respondent By सुनवाई की तारीख/Date Of Hearing घोषणा की तारीख/Date Of Pronouncement The Deputy Director Of Vs. Income Tax, (Exemptions – Iii) Chennai (प्रत्यर्थी/Respondent) : Shri N. Muralikumaran, Sr. Advocate : Ms. Mythili, Jcit : 25.11.2025 : 26.11.2025 आदेश/Order Per George George K: This Appeal Filed By The Assessee Is Directed Against The Order Of Addl/Jcit(A)-5, Mumbai Dated 29.03.2025, Passed Under Section 250 Of The Income Tax Act, 1961 (Hereinafter Called 'The Act'). The Relevant Assessment Year Is 2011-12. :- 2 -:

Section 115BSection 12ASection 143(2)Section 143(3)Section 250Section 80G(5)(vi)

…आयकर अपीलीय अधिकरण, 'ए' न्यायपीठ, चेन्नई IN THE INCOME TAX APPELLATE TRIBUNAL 'A' BENCH, CHENNAI श्री जॉर्ज जॉर्ज के, उपाध्यक्ष एवं श्री जगदीश, लेखा सदस्य के समक्ष BEFORE SHRI GEORGE GEORGE K, VICE PRESIDENT AND SHRI JAGADISH, ACCOUNTANT MEMBER आयकर अपील सं./ITA No.: 1532/CHNY/2025 निर्धारण वर्ष/Assessment Year: 2011-12 Shri Narayani Siddhar Peedam Charitable Trust, Rep. by Trustee, K. Soundararajan, Thirumalaikodi, Ariyur Village, Vellore 632 055. PAN: AAATN 3254F (अपीलार्थी/Appellant) अपीलार्थी की ओर से/Appellant by प्रत्यर्थी की ओर से/Respondent by सुनवाई की तारीख/Date of Hearing घोषणा की तारीख/Date of Pronoun…

Anshuman Auto Impex Private Limited, New Delhi vs. Income Tax Officer, Ward 2(1), New Delhi

In the result, the appeal is dismissed

ITA 4152/DEL/2025[2016-17]Status: DisposedITAT Delhi28 Oct 2025AY 2016-17

Bench: Shri Satbeer Singh Godara & Shri Naveen Chandraassessment Year: 2016-17 Vs. Income Tax Officer, Anshuman Auto Impex Pvt. Ltd., Ward-2(1), 2126/59, Laxmi Bhawan, New Delhi Naiwala, Karol Bagh, New Delhi Pan: Aaaca0872H (Appellant) (Respondent) Assessee By None Department By Sh. Manish Gupta, Sr. Dr

Section 147Section 148

…the burden then shifts to the revenue to show that though covered by cheques, the amounts in question, actually belonged to, or was owned by the assessee himself" 6 | P a g e Reliance is also placed on the decision of CIT vs Precision Finance (P.) Ltd (1995) 82 Taxmann 31(Cal.). The said para of this order is reproduced here as under "6. It is for the assessee to prove the identity of the creditors, their creditworthiness and the genuineness of the transactions. In our view, on the facts of this case, the Tribunal did not take into account all these ingredients which have to be satisfied by the assessee Mere fur…

Assistant Commissioner of Income Tax, Mumbai vs. Sunstore Solar Private Limited, Navi Mumbai

In the result, the appeal of the Revenue is allowed for statistical purposes

ITA 4273/MUM/2025[2022-23]Status: DisposedITAT Mumbai19 Sept 2025AY 2022-23

Bench: Shri Vikram Singh Yadav & Shri Anikesh Banerjeeassessment Year : 2022-23 Asst. Commissioner Of Sunstore Solar Private Limited, Income Tax, Flat 202, Kapil Vastu Chs, Room No. 455, 4Th Floor, Vs. Plot 20 Sector 21, Aayakar Bhavan, Mumbai, Raigad Kharghar Churchgate, Navi Mumbai Mumbai-400020. Maharashtra-410210. Pan : Abgcs7616C (Appellant) (Respondent)

For Appellant: NONEFor Respondent: Shri Rajesh Kumar Yadav, CIT-DR

Section 133(6)Section 143(2)Section 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI “A” BENCH : MUMBAI BEFORE SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER Assessment Year : 2022-23 Asst. Commissioner of Sunstore Solar Private Limited, Income Tax, Flat 202, Kapil Vastu CHS, Room No. 455, 4th Floor, vs. Plot 20 Sector 21, Aayakar Bhavan, Mumbai, Raigad Kharghar Churchgate, Navi Mumbai Mumbai-400020. Maharashtra-410210. PAN : ABGCS7616C (Appellant) (Respondent) For Assessee : NONE For Revenue : Shri Rajesh Kumar Yadav, CIT-DR Date of Hearing : 16-09-2025 Date of Pronouncement : 19-09-2025 O R D E R PER VIKRAM…

Assistant Commissioner-19(1), Mumbai vs. Kdm Impex, Mumbai

In the result, appeal of the revenue is dismissed, in terms of our

ITA 3040/MUM/2025[2012-13]Status: DisposedITAT Mumbai21 Aug 2025AY 2012-13

Bench: Shri Amit Shukla & Shri Arun Khodpiaआयकर अपील सं. / Ita No.3040/Mum/2025 निर्धारण वर्ष / Assessment Year :2012-13 The Assistant Commissioner Of Income Tax-19(1), Mumbai ........अपीलार्थी / Appellant बनाम / V/S. M/S. Kdm Impex 506, 5Th Floor, Piramal Chambers, Lalbag, Mumbai-400 012 Pan : Aadfk2444F ......प्रत्यर्थी / Respondent Assessee By : None Revenue By : Shri Himanshu Joshi, Sr. Dr सुनवाई की तारीख / Date Of Hearing : 20.08.2025 घोषणा की तारीख / Date Of Pronouncement : 21.08.2025 2 Acit-19(1), Mumbai Vs. M/S. Kdm Impex

For Appellant: NoneFor Respondent: Shri Himanshu Joshi, Sr. DR

Section 37Section 68

…आयकर अपीलीय अधिकरण न्यायपीठ मुंबई में। IN THE INCOME TAX APPELLATE TRIBUNAL, “E” BENCH, MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI ARUN KHODPIA, ACCOUNTANT MEMBER आयकर अपील सं. / ITA No.3040/MUM/2025 निर्धारण वर्ष / Assessment Year :2012-13 The Assistant Commissioner of Income Tax-19(1), Mumbai ........अपीलार्थी / Appellant बनाम / V/s. M/s. KDM Impex 506, 5th Floor, Piramal Chambers, Lalbag, Mumbai-400 012 PAN : AADFK2444F ......प्रत्यर्थी / Respondent Assessee by : None Revenue by : Shri Himanshu Joshi, Sr. DR सुनवाई की तारीख / Date of Hearing : 20.08.2025 घोषणा की तारीख / Date of Pronouncement : 2…

Income Tax Officer-1, Morena vs. Shri Agrasen Logistics, Jotai Road, Porsa

In the result, the appeal of the Revenue is dismissed

ITA 108/AGR/2025[2022-23]Status: DisposedITAT Agra24 Jun 2025AY 2022-23

Bench: Shri Sunil Kumar Singh & Shri Manish Agarwal

Section 143(2)Section 143(3)Section 250Section 68

…ITA No.108/AGR/2025 ITO Vs. Shri Agrasen Logistics THE INCOME TAX APPELLATE TRIBUNAL AGRA BENCH: AGRA BEFORE SHRI SUNIL KUMAR SINGH, JUDICIAL MEMBER AND SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA No.108/AGR/2025 (ASSESSMENT YEAR: 2022-23) Income Tax Officer-1 Morena, (M.P.) Shri Agrasen Logistics, In front of Old Rajput Vs. Hotel, A.B. Road, Morena-476001 (M.P.) (Appellant) PAN-AEIFS3236E (Respondent) Assessee by Shri Sudhir Sehgal Adv. & Shri Ashok Vijaywargiya, CA Department by Shri Sukesh Kumar Jain, CIT- DR Date of Hearing 21/05/2025 Date of Pronouncement 24/06/2025 ORDER PER MANISH AGARWAL, AM: This appeal i…

Ashok Gupta HUF, Alwar vs. DCIT, Central Circle, Alwar

In the result, the appeal filed by the assessee is disposed off for

ITA 52/JPR/2025[2018-19]Status: DisposedITAT Jaipur17 Apr 2025AY 2018-19

Bench: SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

For Appellant: Sh. P. C. Parwal, CAFor Respondent: Sh. Gautam Singh Choudhary, JCIT

Section 127Section 132Section 139Section 142(1)Section 143(2)Section 143(3)Section 153CSection 250Section 56(2)(ix)

…आयकर अपीलीय अधिकरण] जयपुर न्यायपीठ] जयपुर IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,”SMC” JAIPUR Jh jkBkSM+ deys'k t;UrHkkbZ] ys[kk lnL; ,o Jh ujsUnz dqekj] U;kf;d lnL; ds le{k BEFORE: SHRI RATHOD KAMLESH JAYANTBHAI, AM & SHRI NARINDER KUMAR, JM vk;dj vihy la-@ITA No. 52/JP/2025 fu/kZkj.k o"kZ@Assessment Year : 2018-19 cuke Ashok Gupta HUF DCIT, Vs. 9, Keshav Nagar, Alwar Central Circle, Alwar LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: AAKHA7530D vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by : Sh. P. C. Parwal, CA jktLo dh vksj ls@ Revenue by : Sh. Gautam Singh Choudhar…

Vijeta Trading Pvt. Ltd., Mumbai vs. CIT(A), NFAC, Delhi

In the result, the appeal filed by the assessee is dismissed

ITA 206/MUM/2024[2013-14]Status: DisposedITAT Mumbai25 Feb 2025AY 2013-14

Bench: Shri Sandeep Gosain & Shri Prabhash Shankarvs. Cit, (Appeals), Vijeta Trading Pvt. Ltd. Nfac, Office No.64,3Rd Floor Poddar Chambers, 23 Parsi Bazar Street, Fort Mumbai – 4000001. Pan/Gir No. Aabcv1137H (Applicant) (Respondent)

Section 143Section 143(3)Section 250Section 254Section 55A

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH MUMBAI BEFORE SHRI SANDEEP GOSAIN, JUDICIAL MEMBER & SHRI PRABHASH SHANKAR, ACCOUNTANT MEMBER Vs. CIT, (Appeals), Vijeta Trading Pvt. Ltd. NFAC, Office No.64,3rd Floor Poddar Chambers, 23 Parsi Bazar Street, Fort Mumbai – 4000001. PAN/GIR No. AABCV1137H (Applicant) (Respondent) Assessee by None Revenue by Ms. Nidhi Agarwal, Sr. DR सुनवाई क" तारीख/Date of Hearing 13.01.2025 घोषणा क" तारीख/Date of Pronouncement 26.01.2025 आदेश / ORDER PER SANDEEP GOSAIN, JM: The present appeal has been filed by the assessee challenging the impugned order dated 20.12.2023, passed u/s…

Raj Kumari Agarwal, Jaipur vs. ACIT Cen Cir 2, Jaipur

ITA 1024/JPR/2024[2017-18]Status: DisposedITAT Jaipur26 Dec 2024AY 2017-18

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

For Appellant: Sh. S. L. Poddar, AdvFor Respondent: Smt Hitiesha Ruhela, Addl.CIT

Section 115BSection 133(6)Section 142(1)Section 143(2)Section 143(3)Section 68

…आयकर अपीलीय अधिकरण] जयपुर न्यायपीठ] जयपुर IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,”A” JAIPUR Mk0 ,l- lhrky{eh] U;kf;d lnL; ,oa Jh jkBksM deys'k t;UrHkkbZ] ys[kk lnL; ds le{k BEFORE: DR. S. SEETHALAKSHMI, JM & SHRI RATHOD KAMLESH JAYANTBHAI, vk;dj vihy la-@ITA No. 1024/JP/2024 fu/kZkj.k o"kZ@Assessment Year : 2017-18 cuke Raj Kumari Agarwal, ACIT, Vs. A36 Govindi, Takteshahi Road Central Circle-02, JLN Marg, Jaipur Jaipur LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: ACMPA 7544 D vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by : Sh. S. L. Poddar, Adv. jktLo dh vksj ls@ Reve…

Heritage Hospitals Ltd, New Delhi vs. DCIT, Circle-11(1), New Delhi

ITA 4090/DEL/2018[2014-15]Status: DisposedITAT Delhi30 Oct 2024AY 2014-15

Bench: Ms. Madhumita Roy & Shri Naveen Chandra

For Appellant: Shri Anand Kumar Pandey, AdvFor Respondent: Shri Sandeep Kumar Mishra, Sr. DR

Section 142(1)Section 143(2)Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI ‘C’ BENCH, NEW DELHI BEFORE MS. MADHUMITA ROY, JUDICIAL MEMBER AND SHRI NAVEEN CHANDRA, ACCOUNTANT MEMBER ITA No. 4090/DEL/2018 [A.Y. 2014-15] Heritage Hospitals Ltd Vs. The Dy CIT B-27/5, Raja Garden Circle - 11( 1) Ramesh Nagar, New Delhi New Delhi PAN – AAACH 8678 L (Applicant) (Respondent) Assessee By : Shri Anand Kumar Pandey, Adv Department By : Shri Sandeep Kumar Mishra, Sr. DR Date of Hearing : 02.08.2024 Date of Pronouncement : .10.2024 ORDER PER NAVEEN CHANDRA, ACCOUNTANT MEMBER:- This appeal by the assessee is preferred against the order of the CIT(…

Samarth Lifestyle Retailing Pvt. Ltd., Jaipur vs. DCIT, Circle-6, Jaipur

In the result, the appeal of the assessee is allowed

ITA 621/JPR/2024[2011-12]Status: DisposedITAT Jaipur17 Oct 2024AY 2011-12

For Appellant: Shri P. C. Parwal, CAFor Respondent: Shri Sanjay Nargas, Addl. CIT

Section 143(1)Section 143(3)Section 147Section 148Section 68

…आयकर अपीलीय अधिकरण, जयपुर न्यायपीठ, जयपुर IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,'A' JAIPUR श्री संदीप गोसाई, न्यायिक सदस्य एवं श्री राठौड कमलेश जयंतभाई, लेखा सदस्य के समक्ष BEFORE: SHRI SANDEEP GOSAIN, JM & SHRI RATHOD KAMLESH JAYANTBHAI, AM आयकर अपील सं./ITA No. 621/JP/2024 निर्धारण वर्ष / Assessment Year : 2011-12 Samarth Lifestyle Retailing Private Limited, 601, 6th Floor, Ganga Heights SB-154, Lal Kothi Tonk Road, Jaipur बनाम Vs. DCIT, Circle-06, Jaipur स्थायी लेखा सं./ जीआईआर सं./PAN/GIR No.: AAACV 7598 M अपीलार्थी / Appellant प्रत्यर्थी / Respondent निर्धारिती की ओर से / Assessee by : Shri P.…

Leading Age Developers Private Limited, Mumbai vs. ACIT CC 2(2), Mumbai

In the result, appeal of the assessee in ITA No

ITA 1114/MUM/2024[2011-12]Status: HeardITAT Mumbai17 Oct 2024AY 2011-12

Bench: Shri Pavan Kumar Gadale & Shri Girish Agrawal

For Appellant: Shri Vimal Punmiya, CAFor Respondent: Shri Manoj Kumar Sinha, Sr. DR

Section 143Section 143(3)Section 148Section 153ASection 271(1)(c)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA No.1113 and 1114/MUM/2024 Assessment Year: 2011-12 Leading Age Developers Pvt. Ltd., Assistant Commissioner of Mohammedi No.1, Commercial Income Tax, Peru Chawal, Dr. B A Road, Central Circle 2(2), Vs. Shree Ganesh Nagar, Lalbaug, Mumbai Parel, Mumbai – 400012 (PAN : AABCL5948G) (Appellant) (Respondent) Present for: Assessee : Shri Vimal Punmiya, CA Revenue : Shri Manoj Kumar Sinha, Sr. DR Date of Hearing : 08.08.2024 Date of Pronouncement : 17.10.2024 O R D E…

Leading Age Developers Private Limited, Mumbai vs. Central Circle 2(2), Central Building

In the result, appeal of the assessee in ITA No

ITA 1113/MUM/2024[2011-12]Status: DisposedITAT Mumbai17 Oct 2024AY 2011-12

Bench: Shri Pavan Kumar Gadale & Shri Girish Agrawal

For Appellant: Shri Vimal Punmiya, CAFor Respondent: Shri Manoj Kumar Sinha, Sr. DR

Section 143Section 143(3)Section 148Section 153ASection 271(1)(c)Section 68

Nitin Vijay, Jaipur vs. ITO Ward 1(4), Jaipur

ITA 12/JPR/2024[2017-18]Status: DisposedITAT Jaipur10 Oct 2024AY 2017-18

For Appellant: Sh. Rohan Sogani, CAFor Respondent: Sh. Anup Singh, Addl. CIT

Section 115BSection 133(6)Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 44ASection 68

…आयकर अपीलीय अधिकरण, जयपुर न्यायपीठ, जयपुर IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,”B” JAIPUR डा० एस. सीतालक्ष्मी, न्यायिक सदस्य एवं श्री राठोड कमलेश जयन्तभाई, लेखा सदस्य के समक्ष BEFORE: DR. S. SEETHALAKSHMI, JM & SHRI RATHOD KAMLESH JAYANTBHAI, आयकर अपील सं. / ITA No. 12/JP/2024 निर्धारण वर्ष / Assessment Years : 2017-18 Nitin Vijay 84/130 K. V.-5, Madhyam Marg Mansarovar, Jaipur Vs. ITO, Ward -1(4), Jaipur स्थायी लेखा सं. / जीआईआर सं./PAN/GIR No.: AIZPV 3971 C अपीलार्थी / Appellant प्रत्यर्थी / Respondent निर्धारिती की ओर से / Assessee by: Sh. Rohan Sogani, CA राजस्व की ओर से / Revenue by : Sh. Anu…

Balhanuman Commodeal Pvt. Ltd., Kolkata vs. ITO, Ward-5(4), Kolkata

ITA 116/KOL/2024[2012-13]Status: DisposedITAT Kolkata03 Oct 2024AY 2012-13

Bench: Shri Sanjay Garg & Shri Rakesh Mishraassessment Year: 2012-13

For Appellant: NoneFor Respondent: Shri Vineet Kumar, Addl. CIT, Sr. DR

Section 131Section 143(2)Section 143(3)Section 14ASection 250Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH KOLKATA BEFORE SHRI SANJAY GARG, JUDICIAL MEMBER AND SHRI RAKESH MISHRA, ACCOUNTANT MEMBER Assessment Year: 2012-13 Balhanuman Commodeal Pvt. I.T.O., Ward-5(4), Kolkata, Ltd., Aaykar Bhawan, P-7, 7, Red Cross Place, 4th Floor, Vs Chowringhee Square, Kolkata - 700001 Kolkata - 700069 (PAN: AAECB5704H) (Appellant) (Respondent) Present for: Appellant by : None Respondent by : Shri Vineet Kumar, Addl. CIT, Sr. DR Date of Hearing : 08.07.2024 Date of Pronouncement : 03.10.2024 O R D E R PER RAKESH MISHRA, ACCOUNTANT MEMBER: This appeal filed by the assessee is against t…

DCIT, Circle-6, Jaipur, Ncrb vs. Paradise Properties, Sarojni Marg, Jaipur

In the result appeal filed by the revenue is partly allowed

ITA 324/JPR/2024[2017-18]Status: DisposedITAT Jaipur11 Sept 2024AY 2017-18

Bench: The Ld. Cit(A).

For Appellant: Shri S. L. Poddar, AdvFor Respondent: Shri Arvind Kumar, CIT

Section 115BSection 143(3)Section 68

…आयकर अपीलीय अधिकरण] जयपुर न्यायपीठ] जयपुर IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,”A” JAIPUR Mk0 ,l- lhrky{eh] U;kf;d lnL; ,oa Jh jkBksM deys'k t;UrHkkbZ] ys[kk lnL; ds le{k BEFORE: DR. S. SEETHALAKSHMI, JM & SHRI RATHOD KAMLESH JAYANTBHAI, vk;dj vihy la-@ITA No. 324/JP/2024 fu/kZkj.k o"kZ@Assessment Year : 2017-18 cuke DCIT, Paradise Properties, Circle-06, Vs. Sarojni Marg, Jaipur Jaipur LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: AAIFP 8247 J vihykFkhZ@Appellant izR;FkhZ@Respondent CO No. 12/JP/2024 (Arising out of ITA No. 324/JP/2024) fu/kZkj.k o"kZ@Assessment Years : 2017-18 cuke Paradise Prope…

Venkateshwara Wires Pvt. Ltd., Jaipur vs. Assistant Commissioner of Income Tax, Jaipur

In the result, the appeal of the assessee is allowed

ITA 322/JPR/2024[2018-19]Status: DisposedITAT Jaipur09 Sept 2024AY 2018-19

Bench: The Ld. Ao As Well As Before The Ld. Cit(A) As The Documents Submitted Was Only In Support Of Confirmations & Other Documents Already Submitted & No New Documents Were Submitted. 2. The Assessee Craves Your Indulgence To Add Amend Or Alter All Or Any Grounds Of Appeal Before Or At The Time Of Hearing.”

For Appellant: Sh. S. L. Poddar, AdvFor Respondent: Sh. Anoop Singh, Addl. CIT

Section 133(6)Section 142(1)Section 143(3)Section 68Section 801ASection 80I

…आयकर अपीलीय अधिकरण] जयपुर न्यायपीठ] जयपुर IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,”B” JAIPUR Mk0 ,l- lhrky{eh] U;kf;d lnL; ,oa Jh jkBksM deys'k t;UrHkkbZ] ys[kk lnL; ds le{k BEFORE: DR. S. SEETHALAKSHMI, JM & SHRI RATHOD KAMLESH JAYANTBHAI, vk;dj vihy la-@ITA No. 322/JP/2024 fu/kZkj.k o"kZ@Assessment Year: 2018-19 cuke Venkateswara Wires Pvt Ltd., Assistant Commissioner of Vs. E-55, Road No. 5, VKI Area, Income Tax, Jaipur Jaipur LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: AACCV 5085 F vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by : Sh. S. L. Poddar, Adv. jktLo dh vksj…

Shobha Tomar, Jaipur vs. DCIT, C.C.1, Jaipur

In the result, the appeal of the assessee is allowed

ITA 373/JPR/2024[A.Y. 2017-18]Status: DisposedITAT Jaipur01 Jul 2024

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

For Appellant: Shri G. M. Mehta, CAFor Respondent: Shri Anoop Singh, Addl. CIT

Section 115BSection 143(2)Section 143(3)Section 145(3)Section 44ASection 68

…आयकर अपीलीय अधिकरण] जयपुर न्यायपीठ] जयपुर IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,”B” JAIPUR Mk0 ,l- lhrky{eh] U;kf;d lnL; ,oa Jh jkBksM deys'k t;UrHkkbZ] ys[kk lnL; ds le{k BEFORE: DR. S. SEETHALAKSHMI, JM & SHRI RATHOD KAMLESH JAYANTBHAI, vk;dj vihy la-@ITA No. 373/JP/2024 fu/kZkj.k o"kZ@Assessment Years : 2017-18 cuke Shobha Tomar DCIT, Vs. B-4, Govind Marg, Adarsh C.C.1, Jaipur Nagar, Jaipur LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: AALPT 4876 A vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by : Shri G. M. Mehta, CA jktLo dh vksj ls@ Revenue by : Shri Anoop Singh, Ad…

Juhi Associates, Mumbai vs. ACIT Circle 28(1), Navi Mumbai

In the result, the appeal of the assessee is allowed for In the result, the appeal of the assessee is allowed for In the result, the appeal of the assessee is allowed for statistical purposes

ITA 142/MUM/2024[2015-16]Status: DisposedITAT Mumbai06 May 2024AY 2015-16

Bench: Shri Om Prakash Kant () & Shri Narender Kumar Choudhry () Assessment Year: 2015-16

For Appellant: Mr. Fenil BhatFor Respondent: 02/05/2024

Section 250Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “F” MUMBAI BEFORE SHRI OM PRAKASH KANT (ACCOUNTANT MEMBER) AND SHRI NARENDER KUMAR CHOUDHRY (JUDICIAL MEMBER) Assessment Year: 2015-16 Juhi Associates, Asst. Commissioner of Income 1605/1606 The Ambience Court, Tax, Plot No. 2 Sector 19D, Vashi, Vs. 4th floor, Vashi Rly, Complex, Navi Mumbai-400703. Vashi, Navi Mumbai-400 703. PAN NO. AAIFJ 3791 R Appellant Respondent Assessee by : Mr. Fenil Bhat : Ms. Rajeshwari Menon, Sr. DR Revenue by : 02/05/2024 Date of Hearing : 06/05/2024 Date of pronouncement ORDER PER OM PRAKASH KANT, AM This appeal has been preferre…

Deputy Commissioner of Income Tax -23(1), Mumbai vs. Kalpsaru Diamonds, Mumbai

In the result, the grounds raised by the assessee as well as In the result, the grounds raised by the assessee as well as Revenue are allowed for statistical purposes

ITA 3400/MUM/2023[2012-13]Status: DisposedITAT Mumbai28 Mar 2024AY 2012-13

Bench: Shri Om Prakash Kant () & Shri Rahul Chaudhary () Assessment Years: 2012-13 Kalpsaru Diamonds, Acit 23(2), Jw 8040/250, Bharat Diamond Piramal Chambers, Vs. Bourse, Bkc, Bandra East, Mumbai-400013. Mumbai-400051. Pan No. Aaafk 6960 H Appellant Respondent Assessment Years: 2012-13 Dy. Cit-23(1), Kalpsaru Diamonds, Room No. 511, Fifth Floor, Jw 8040/250, Bharat Diamond Piramal Chambers, Parel, Vs. Bourse, Bkc, Bandra East, Lalbaugh-400012. Mumbai-400051. Pan No. Aaafk 6960 H Appellant Respondent

For Respondent: Mr. Ajay Singh

Section 143(3)Section 148Section 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “E” MUMBAI BEFORE SHRI OM PRAKASH KANT (ACCOUNTANT MEMBER) AND SHRI RAHUL CHAUDHARY (JUDICIAL MEMBER) Assessment Years: 2012-13 Kalpsaru Diamonds, ACIT 23(2), JW 8040/250, Bharat Diamond Piramal Chambers, Vs. Bourse, BKC, Bandra East, Mumbai-400013. Mumbai-400051. PAN NO. AAAFK 6960 H Appellant Respondent Assessment Years: 2012-13 Dy. CIT-23(1), Kalpsaru Diamonds, Room No. 511, Fifth floor, JW 8040/250, Bharat Diamond Piramal Chambers, Parel, Vs. Bourse, BKC, Bandra East, Lalbaugh-400012. Mumbai-400051. PAN NO. AAAFK 6960 H Appellant Respondent : Mr. Ajay Singh A…