SHRI KHANDELWAL DIAMONDS PRIVATE LIMITED,JAIPUR vs. ACIT, CIRCLE 1, JAIPUR, JAIPUR

In the result, appeal of the assessee is partly allowed

Bench: Him On The Reason Of Issuing Notice U/S 148 On Borrowed Satisfaction Of Another Wing Of The Department.

bogus sale invoices by the DGIT(Inv), Mumbai, leads one to conclude that the purchases from these aforementioned parties are not established. The purchases have failed to stand the test of scrutiny, as the appellant has failed to establish that the transactions are genuine. It is clear that these expenses have been debited in the books of account to reduce

SHRI KHANDELWAL DIAMONDS PRIVATE LIMITED,JAIPUR vs. DCIT, CIRCLE 1, JAIPUR, JAIPUR

In the result, appeal of the assessee is allowed

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

bogus sale invoices by the DGIT (Inv), Mumbai, leads one to conclude that the purchases from these aforementioned parties are not established. The purchases have failed to stand the test of scrutiny, as the appellant has failed to establish that the transactions are genuine. It is clear that these expenses have been debited in the books of account to reduce

ALKA KHANDAKA,JAIPUR vs. INCOME TAX OFFICER WARD 1(2), JAIPUR

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

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

bogus purchases, and non- existing cash balance in the books of account. The AO did not even reject the books of accounts of the appellant under the provision of section 145(3) of the Act. Therefore, the contention of the revenue on the facts and circumstance of the case is not accepted - Appeal of the revenue is dismissed. 18 Alka

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, JAIPUR vs. M/S JK INTERNATIONAL, JAIPUR

In the result, the appeals filed by the Revenue is dismissed with

section 69C is not attracted. The relevant para of he judgement are 10 to 12 and the same are reproduced (mentioned at page 24 of the ld. CIT(A) ‘s order).. Considering all the above, I am of the view that even if 25% of purchases from concerns are treated as bogus it has a revenue neutral effect

JAJOO RASHMI REFRACTORIES LIMITED,JAIPUR, RAJASTHAN vs. DCIT, CIRCLE 4-JAIPUR,, JAIPUR, RAJASTHAN

In the result, the appeal of the assessee is allowed for\nstatistical purposes

section 250 of the Income-tax Act,1961 passed by the Ld. Commissioner\nof Income-tax (Appeals), National Faceless Appeal Centre (NFAC) vide DIN No.\nITBA/NFAC/S/250/2024-25/1072584754(1) on 27.01.2025 for the Assessment Year 2018-19.\nIn support of Grounds of Appeal, the Assessee is furnishing herewith Ground wise written\nsubmission, along with supporting documentary evidence(s) and/or documents as specified

GEM MART INDIA PVT. LTD.,JAIPUR vs. ACIT, JAIPUR

In the result, assessee’s appeal is partly allowed

section 145(3) regarding estimation of profit. The AO followed the order of flagship company of the group M/s Clarity Gold Pvt. Ltd. wherein gross profit rate of 17% has been applied. After giving detail reasons, it was held by the AO that since the nature of business and modus operandi of the assessee company is similar to that

DURGA PRASAD SHARMA,JAIPUR vs. I.T.O. WARD 1(1), JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed

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

bogus purchases was Rs. 89,03,956/-. During the assessment proceedings conducted under section 147 read with section 144B of the Act, multiple statutory notices were issued under sections 143(2) and 142

SHIVAM READYMIX PRIVATE LIMITED,NEEMUCH vs. THE PCIT(CENTRAL), JAIPUR

In the result, the appeal of the assessee is allowed

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

bogus purchases as compared to G.P. on normal purchases In the present case also, since the ld. AO has examined the profit worked out on unaccounted purchases and has accepted such working prepared by assessee by observing that : “It is also submitted that assessee company has now offered the additional undisclosed income based on GP rate of its business activity

SHANKAR JHALANI,JAIPUR vs. ITO, JAIPUR

In the result, appeal of the assessee is dismissed

Bench: The Itat By Taking Following

142(1 )/143(2) of the Act. Another, penalty under Section 272A(1)(c) was imposed by the JCIT, Range for non compliance of summon issued under section 131 of the IT Act. It is also noted from the remand report of the AO that again an opportunity was provide to the appellant by the AO to explain its case

SHRI PREM INDUSTRIES,BHARATPUR vs. INCOME TAX OFFICER WARD-1, BHARATPUR

The appeal is disposed of, and the matter is remanded to

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

bogus parties and the assessee when confronted by the GST authorities, paid the corresponding GST. Therefore the facts of the present case are entirely different than the case relied upon by the assessee. Moreover, the assessee did not provide either confirmed copy of accounts or ITR of the other parties from whom goods were purported to have been purchased. Moreover

M/S. VAIBHAV GLOBAL (GEMS) LTD.,JAIPUR vs. ACIT, CIRCLE-5, JAIPUR

In the result, appeals for the A

purchases and the assessee has availed bogus entries from M/s Impex Gems and M/s Jewel Diam. Thus, it is a new material came to the knowledge of the A.O. after scrutiny assessment and therefore, proviso to Section 148 of the Act cannot be invoked. The ld DR has relied upon the judgment of the Hon’ble Supreme Court

M/S. VAIBHAV GLOBAL (GEMS) LTD.,JAIPUR vs. ACIT, CIRCLE-5, JAIPUR

In the result, appeals for the A

purchases and the assessee has availed bogus entries from M/s Impex Gems and M/s Jewel Diam. Thus, it is a new material came to the knowledge of the A.O. after scrutiny assessment and therefore, proviso to Section 148 of the Act cannot be invoked. The ld DR has relied upon the judgment of the Hon’ble Supreme Court

M/S. VAIBHAV GLOBAL (GEMS) LTD.,JAIPUR vs. ACIT, CIRCLE-5, JAIPUR

In the result, appeals for the A

purchases and the assessee has availed bogus entries from M/s Impex Gems and M/s Jewel Diam. Thus, it is a new material came to the knowledge of the A.O. after scrutiny assessment and therefore, proviso to Section 148 of the Act cannot be invoked. The ld DR has relied upon the judgment of the Hon’ble Supreme Court

DCIT, JAIPUR vs. JADAU JEWELLERS & MFG (P) LTD., JAIPUR

In the result, the appeals filed by the assessee are partly allowed and that of the Revenue are dismissed

bogus purchase bill. 5 M/s. Jadau Jewellers & Manufacturers (P) Ltd. vs. DCIT, Central Circle- 2, Jaipur 6. Whether on the facts and the circumstances of the case the ld CIT(A) was right in deleting the addition of Rs.1,66,336/- made by disallowing 15% of the total expenses found recorded in the books of accounts named “Jadavji”maintained

DEPUTY COMMISSIONER OF INCOME TAX, INCOME TAX DEPARTMENT, CENTRAL CIRCLE-3 vs. M/S N. M. AGROFOOD PRODUCTS PVT. LTD., SRIGANGANAGAR

In the result the appeal of the revenue in ITA No

bogus accommodation entries from M/s.Kalyani Suppliers Private Limited and M/s.Everlink Vyapar Private Limited in the form of purchase transactions in the books of the taxpayer. Ground-4. While granting relief to the assessee, the learned CIT appeals has ignored the test of human probability and surrounding circumstances as laid down by the Honourable Supreme Court in the cases of Sumati

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, INCOME TAX OFFICE vs. SHRI SURESH KUMAR GUPTA, SRIGANGANAGAR

In the result the appeal of the revenue in ITA No

bogus accommodation entries from M/s.Kalyani Suppliers Private Limited and M/s.Everlink Vyapar Private Limited in the form of purchase transactions in the books of the taxpayer. Ground-4. While granting relief to the assessee, the learned CIT appeals has ignored the test of human probability and surrounding circumstances as laid down by the Honourable Supreme Court in the cases of Sumati

ABHAY CHORDIA,JAIPUR vs. DCIT CIRCLE 1, JAIPUR

Appeal of the assessee is partly allowed

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

section 143(3) of the Income Tax Act, by DCIT, Circle-02, Jaipur. 2 Abhay Chordia vs. DCIT 2. In this appeal, the assessee has raised following grounds: - “1. That the learned CIT(A) erred in sustaining disallowance of Rs. 74,402/- in regard to employees contribution to PF and ESI deposited by the appellant within the due date

INCOME TAX OFFICER, JAIPUR vs. MOTISONS JEWELLERS LTDL, JAIPUR

142(1) of the Act was called for vide questionnaire through ITBA. In compliance of the said notices, the assessee submitted details/information through e- proceedings. The ld. AO has examined the details so filed by the assessee. The assessee company is engaged in the business of Jewellery. 5. During the course of assessment proceedings, it was noticed that the assessee

PINCITY JEWLHOUSE PVT. LTD.,JAIPUR vs. PCIT, CC, JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: the date of hearing." 3. At the outset of hearing, the Bench observed that there is delay of 58 days in filing of the present appeal by the assessee for which the Id. AR of 3

Bogus Purchase and ESI/PF 2014-2015 Claiming Deduction Deduction allowed SCN: 244-247 [PBII] (Reassessment) U/s 10AA by dividing Reply: 248-251 [PBII] AO: 17.12.18 expenses at Order: 122-139 [PBII] proportionate basis 2015-2016 Claiming Deduction Deduction allowed Notice: 252-255[PBII] (Reassessment) U/s 10AA by dividing Reply: 256-259 [PBII] AO: 17.12.18 expenses at Order