GILLETTE INDIA LIMITED,SPA-65A, INDUSTRIAL AREA, BHIWADI, DISTRICT- ALWAR vs. PCIT, JAIPUR-1, JAIPUR

In the result, the appeal of the assessee is partly allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

IB liable to TDS is shown at Rs.5,53,71,175/-. Accordingly, he held that 30% of the balance amount of Rs.3,20,28,825/-, i.e. Rs.96,08,647/- should have been disallowed u/s 40(a)(ia) of the Act. 2. It is submitted that Ld. PCIT has not properly appreciated the facts. In the Profit & Loss A/c, assessee

RAJASTHAN STATE INDUSTRIAL DEVELOPMENT & INVESTMENT CORP. LTD.,JAIPUR vs. ACIT, JAIPUR

In the result, both set of cross appeals for the respective assessment years are disposed off with above directions

2 to section 37(1) w.e.f. 01.04.2015. Accordingly, we do not find any error or illegality in the order of the authorities below qua this issue.” 3.12 We have also gone through the judgement of the Hon’ble Rajasthan High Court in case of RSMM Limited (supra) which has been rendered in the peculiar facts of that case and thus

SHREE CEMENT LIMITED,BEAWAR vs. DEPUTY COMMISSIONER OF INCOME TAX, AJMER

In the result, this appeal of the assessee is partly allowed and appeal of the Revenue is dismissed

Bench: HON’BLE SHRI SANDEEP GOSAIN, JM & HON’BLE SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

56,010/-, - Disallowance of Sales Tax Subsidy (Rs. 62,29,26,819/-) and Electricity Duty Exemption (Rs. 5,14,748/-) - Disallowance of Education Cess (Rs. 5,21,67,086/-) - Disallowance of Profit on sale of fixed assets (Rs. 44,93,014/-) and profit on sale of investment Rs. 83,31,72,239/-) while computing book profit u/s 115JB

SHRI VIKRAM SINGH SHEKHAWAT,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE, SIKAR

In the result, the appeals filed by the assessee in ITA No

TDS on interest payment of Rs. 15,97,572/- by ignoring the facts, settled legal position etc. Hence, the disallowance so made by the AO and confirmed by the ld. CIT(A) is being totally contrary to the provisions of law and facts on record and hence the same may kindly be deleted in full. 5. The AO has grossly