ASSISTANT COMMISSIONER OF INCOME-TAX, JAIPUR vs. NASH FASHION(INDIA) LIMITED, JAIPUR

In the result, the appeal of the assessee is allowed in ITA no

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

TDS on interest payment to M/s SE Investment Ltd. and disallowance of Rs. 1,27,67,676/-on account of disallowance of deduction u/s 80G and the Hon'ble ITAT, Jaipur Bench Jaipur vide its order dated 01.10.2018 set aside the aforesaid issues to the file of the AO to verify the claim of the assessee that recipient NBFCs

NASH FASHION (INDIA) LIMITED,JAIPUR vs. DCIT CIRCLE 1, JAIPUR

In the result, the appeal of the assessee is allowed in ITA no

TDS on interest payment to M/s SE\nInvestment Ltd. and disallowance of Rs.1,27,67,676/-on account of\ndisallowance of deduction u/s 80G and the Hon'ble ITAT, Jaipur Bench Jaipur\nvide its order dated 01.10.2018 set aside the aforesaid issues to the file of the\nAO to verify the claim of the assessee that recipient NBFCs has taken

CENTRE FOR DEVELOPMENT COMMUNICATION TRUST,JAIPUR vs. COMMISSIONER OF INCOME TAX EXEMPTION, JAIPUR

80G(5) to the\nassessee-society. [Para 17]\n120-132\nBENEFITS TO TRUSTEES IS NOT GROUND FOR CANCELLATION\n13.\nTamil Nadu Cricket\nAssociation\nDIT(Exemptions)\n[2013]\ntaxmann.com\n(Madras)\nV.\n40\n250\nThus in contract to section 12AA(1)(b), where the grant of\nregistration requires satisfaction about the objects of the\ntrust as well as genuineness

DEREWALA INDUSTRIES LIMITED,JAIPUR vs. ACIT/DCIT CIR-6, JAIPUR

Appeal is partly allowed; while

Bench: SHRI GAGAN GOYAL (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

TDS on the commission. Consequently, provisions of section 40(a) (i) of the Act were not attracted for the purposes of disallowance of said amount. 9 Derewala Industries Limited vs. ACIT/DCIT 15. Applying the above cited decisions to the facts of the present case, the addition made by the Assessing Officer and upheld by Ld. CIT (A) deserves

AJOY SHARMA,JAIPUR vs. DCIT CENTRAL CIRCLE-1, JAIPUR, JAIPUR

TDS and was\nduly accepted by the AO as well. Admittedly, there is no upward variation made\nby the AO in the declared income.\n11.2 The subsequent validly filed ROI substitutes the earlier one:\nIt is well settled that if ROI has been filed u/s 139 within the permissible time limit,\nit can be revised u/s 139(5) and once

AJOY SHARMA ,JAIPUR vs. DCIT CENTRAL CIRCLE-1, JAIPUR, JAIPUR

TDS and was\nduly accepted by the AO as well. Admittedly, there is no upward variation made\nby the AO in the declared income.\n11.2 The subsequent validly filed ROI substitutes the earlier one:\nIt is well settled that if ROI has been filed u/s 139 within the permissible time limit,\nit can be revised u/s 139(5) and once

AJOY SHARMA ,JAIPUR vs. DCIT CENTRAL CIRCLE-1, JAIPUR, JAIPUR

TDS and was\nduly accepted by the AO as well. Admittedly, there is no upward variation made\nby the AO in the declared income.\n11.2 The subsequent validly filed ROI substitutes the earlier one:\nIt is well settled that if ROI has been filed u/s 139 within the permissible time limit,\nit can be revised u/s 139(5) and once

AJOY SHARMA ,JAIPUR vs. DCIT CENTRAL CIRCLE-1, JAIPUR, JAIPUR

TDS and was\nduly accepted by the AO as well. Admittedly, there is no upward variation made\nby the AO in the declared income.\n11.2 The subsequent validly filed ROI substitutes the earlier one:\nIt is well settled that if ROI has been filed u/s 139 within the permissible time limit,\nit can be revised u/s 139(5) and once

AJOY SHARMA ,JAIPUR vs. DCIT CENTRAL CIRCLE-1, JAIPUR, JAIPUR

TDS and was\nduly accepted by the AO as well. Admittedly, there is no upward variation made\nby the AO in the declared income.\n11.2 The subsequent validly filed ROI substitutes the earlier one:\nIt is well settled that if ROI has been filed u/s 139 within the permissible time limit,\nit can be revised u/s 139(5) and once

M/S GVK JAIPUR EXPRESSWAY PRIVATE LIMITED,TELANGANA vs. PCIT 2, JAIPUR

In the result, the appeal of the assessee is allowed

vi)\nCopy of Reply dated 18.3.2021 filed in response to show cause\nnotice dated 15.3.2021\n95-111\n(vii)\nCopy of Reconciliation Statement of transactions related to Legal\nand Professional charges\n112\n(viii)\nCopy of Reconciliation Statement showing Sale of Scarp and TCS\n113\nS. No.\nPARTICULARS\nPAGE\nNOS.\ntransactions\n(ix)\nCopy of ledger of TDS on rent

INCOME TAX OFFICER, JAIPUR vs. GOLDENDUNES HEIGHTS LLP, JAIPUR

Bench: Him.

section 142(1) of the Act dated 13.02.2021 was asked to prove the identity, creditworthiness and genuineness of loan transactions. The assessee submitted details and on perusal of the same ld. AO noticed that it has failed to justify the unsecured loan from the following parties. (i) Aventez Media Technology- The assessee has received loan