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

3. Whether on the facts and the circumstances of the case the ld CIT(A) was right in restricting the disallowance from Rs.6,99,228/- to Rs.4,81,614/- made U/s 40(a)(ia) of the Act without appreciating the fact that this violation of the provision of the Section 40(a)(ia) of the Act has been clearly mentioned

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)

section 143(3) of the Income Tax Act, by ACIT, circle-1, Jaipur. 2 Shri Khandelwal Diamonds Pvt. Ltd. 2. The assessee has marched this appeal on the following grounds:- “1. That under the facts and circumstances of the case, the ld. CIT(A) has erred seriously on facts in sustaining the action of the ld. AO in considering purchases

DINESH HALDIA,JAIPUR vs. DCIT CIRCLE 1, JAIPUR, JAIPUR

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

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

142(1) of the Act has been issued to the assessee on 30.08.2018, 06.10.2018 & 10.10.2018 requiring the details/information. In response, the AR of the assessee filed his submission dated 15.10.2018 and main content of the same is as under:- "As regards the issue of alleged bogus/un-verifiable purchases it is respectfully submitted that in assessee's case there is no issue

SUBHASH PARETA,KOTA vs. ACIT, KOTA

In the result, the appeal of the assessee and the revenue are disposed off with above directions

142(1) of the Act. When there was no compliance, notice for appointment of special auditor came to be issued. Petitioner’s objections were considered, approval from the Commissioner was sought. On the strength of such approval so granted by the Commissioner, the Assessing Officer on the basis of his opinion that the accounts of the assessee were complex

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, KOTA vs. M/S SHIV VEGPRO PVT. LTD., KOTA

In the result, appeal of the revenue is dismissed

purchases made from the said entity are duly recorded in the books of account and were subjected to the verification and examination of the AO, then the reopening of the assessment even on the basis of information received from the Investigation Wing Mumbai after 4 years from the end of the assessment year is not permitted as it will amount

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

In the result, appeals for the A

3) of section 143 or this section has been made for the relevant assessment year, no action shall be taken under this section after the expiry of four years from the end of 9 ITA 1346 to 1348/JP/2019_ M/s Vaibhav Global Ltd. Vs ACIT the relevant assessment year8, unless any income chargeable to tax has escaped assessment for such assessment

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

In the result, appeals for the A

3) of section 143 or this section has been made for the relevant assessment year, no action shall be taken under this section after the expiry of four years from the end of 9 ITA 1346 to 1348/JP/2019_ M/s Vaibhav Global Ltd. Vs ACIT the relevant assessment year8, unless any income chargeable to tax has escaped assessment for such assessment

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

In the result, appeals for the A

3) of section 143 or this section has been made for the relevant assessment year, no action shall be taken under this section after the expiry of four years from the end of 9 ITA 1346 to 1348/JP/2019_ M/s Vaibhav Global Ltd. Vs ACIT the relevant assessment year8, unless any income chargeable to tax has escaped assessment for such assessment

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)

purchase and consequently sale as bogus and made addition of Rs 44,61,000/-. Deposit in the bank account during the demonetization period. 3. The appellant craves leave to add, alter, amend, or withdraw any of the above grounds of appeal at the time of hearing. 3. Succinctly, the fact as culled out from the records is that the assessee

LATE SHRI JITENDRA NAGAR THROUGH HIS L/R SMT. DEEPIKA NAGAR,BARAN vs. INCOME TAX OFFICER WARD BARAN, BARAN

In the result, appeal of the assessee is allowed

Bench: The Date Of Hearing.”

Section 148 for AY 2015-16 is invalid, rendering the subsequent assessment proceedings null and void. 4.7 Hon’ble ITAT, Raipur Bench in the case of DCIT v. Vinay Agrawal[2025] 2 TMI 891 order dated 17.02.2025after considering theaforesaid judgment of Hon’ble Supreme Court in Rajeev Bansal (supra) has held: Reopening of assessment - Period of limitation - Bogus purchases

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

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

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

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)

3 Durga Prasad Sharma vs. ITO purchases for the beneficiary) A list of beneficiary is provided by the department for the F.Y. 2017-18 relevant to A.Y. 2018-19. The assessee is one of the beneficiary among them and obtained entries in the form of bogus purchases without actual supply of goods of Rs.89,03,956/-. During the year assessee

PEEYUSH AGARWAL,JAIPUR, RAJASTHAN vs. ITO, WARD 1(5), JAIPUR, JAIPUR, RAJASTHAN

In the result Ground and 1 and 2 raised by the assessee are allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI GAGAN GOYAL (Accountant Member)

bogus sale and directed to reduce the same from total sales shown by the appellant and add the same under income from other sources by applying the provisions of section 68/69A of the Act and tax as per the provisions of section 115BBE of the Act. 3 Peeyush Agarwal, Jaipur. 4. Brief facts of the case are that the assessee

AMAN EXPORTS INTERNATIONAL,JAIPUR vs. DCIT CIRCLE 1, JAIPUR

In the result, appeal of the assessee is partly allowed

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

142(1) of the Act annexing questionnaire has been issued to the assessee on 07.08.2019 fixing the date for furnishing submission by 13.08.2019. In response, the assessee did not file any reply. 4. During the assessment proceeding based on the information available with the AO which in turn based from the investigation report of ADIT(INV) unit-3(2) Kolkata

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

142(1) after lapse of\n256 days on 10.12.2022 and required very lengthy details with\nevidences for which the assessee filed submission on the IT Portal\n12\nITA NOP. 209/JPR/2025\nJAJOO RASHMI REFRACTORIES LTD VS DCIT, CIRCLE-4, JAIPUR\nAAACJ8517G-JAJOO RASHMI REFRACTORIES PRIVATE LIMITED\nΑ.Υ. 2018-19\nITBA/AST/S/147/2022-23/1051546840(1)\nPage 3\nof approximately 400 pages. Thereafter, again

SATYA NARAYAN ,BHARATPUR vs. ITO WARD 1, BHARATPUR

In the result, the appeal of the assessee is allowed

Bench: SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member), SHRI NARINDER KUMAR, JM आयकर अपील सं. / ITA No. 1434/JP/2024 निर्धारण वर्ष / Assessment Year : 2021-22 Satya Narayan बनाम Income Tax Officer, Prop. M/s Shiv Charan Lal Satya Vs. Ward -1, Narayan, Navin Mandi Yard, Nadbai, Bharatpur Bharatpur स्थायीलेखा सं. / जीआईआर सं./PAN/GIR No.: AAPPN9055M अपीलार्थी / Appellant प्रत्यर्थी / Respondent निर्धारिती की ओर से / Assessee by: Sh. Ashish Khandelwal, CA राजस्व की ओर से/Revenue by: Sh. Anup Singh

section 143(3) r.w.s. 2 Satya Narayan vs. ITO 144B of the Income Tax Act, 1961 [ for short “Act”] by National Faceless Assessment Unit [ for short AO ]. 2. The assessee has assailed the present appeal on the following grounds: - 1. That the Ld. AO has erred in law as well in facts in passing order u/s. 143(3) r.w.s 144B