PRAMOD KUMAR CHOUDHARY,JAIPUR vs. ITO, JAIPUR

In the result, the appeal of the assessee is allowed

bogus purchases is also not\nbased on any enquiry or verification of record by the AO but this is simply\nreproduction of information received from the Investigation Wing. The said\ninformation is also incomplete as regards the details of the purchases and the\nparties from whom such purchases were made by the assessee. Thus the reasons\nrecorded

LAXMIKANT TAK,PANCHSHEEL AJMER vs. DCIT CIRCLE -2 AJMER, JAIPUR ROAD AJMER

In the result, appeal of the assessee is partly allowed

section 143(2) was issued to assessee- Whether since Dy. CIT, Circle 3 had no jurisdiction over assessee’s case, notice issued by him/her was invalid and without jurisdiction and had to be treated as non est in eye of law- Held, yes- Whether valid notice issued by ITO, Ward-3 was dated 26-08-2009 which was clearly barred

JEWELS EMPORIUM A LEGACY,JAIPUR vs. ACIT,CC-1, JAIPUR

In the result, the appeal of the assessee stands allowed

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

section 145(3) by alleging certain purchases as unverifiable, addition to the tune of Rs. 18,53,295/- was made being 25% of such alleged unverifiable purchases (copy of Assessment order at APB 60-73). In first appeal the same was restricted to Rs. 2,00,000/- as against the addition of Rs. 18,53,295/- made

RAVINDER SINGH THAKKAR,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JAIPUR

In the result the appeal of the assessee in ITA no

143(2) impregnated proceeding with a jurisdictional defect, hence,\nrendered it as invalid in eyes of law Held, yes Whether, therefore,\nassessment framed by Assessing Officer in absence of a notice under section\n143(2) could not be sustained and was liable to be quashed – Held, yes [Paras\n19 and 21] [In favour of assessee]\n3. Assessment reopened solely

RAVINDER SINGH THAKKAR,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JAIPUR

In the result the appeal of the assessee in ITA no

143(2) impregnated proceeding with a jurisdictional defect, hence,\nrendered it as invalid in eyes of law - Held, yes - Whether, therefore,\nassessment framed by Assessing Officer in absence of a notice under section\n143(2) could not be sustained and was liable to be quashed – Held, yes [Paras\n19 and 21] [In favour of assessee]\n3. Assessment reopened solely

RAVINDER SINGH THAKKAR,JAIPUR vs. ASSISTANT COMMSSIONER OF INCOME TAX, JAIPUR

In the result the appeal of the assessee in ITA no

143(2) impregnated proceeding with a jurisdictional defect, hence,\nrendered it as invalid in eyes of law Held, yes Whether, therefore,\nassessment framed by Assessing Officer in absence of a notice under section\n143(2) could not be sustained and was liable to be quashed – Held, yes [Paras\n19 and 21] [In favour of assessee]\n3. Assessment reopened solely

RAVINDER SINGH THAKKAR,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JAIPUR

In the result the appeal of the assessee in ITA no

143(2) impregnated proceeding with a jurisdictional defect, hence,\nrendered it as invalid in eyes of law Held, yes Whether, therefore,\nassessment framed by Assessing Officer in absence of a notice under section\n143(2) could not be sustained and was liable to be quashed – Held, yes [Paras\n19 and 21] [In favour of assessee]\n3. Assessment reopened solely

RAVINDER SINGH THAKKAR,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JAIPUR

In the result the appeal of the assessee in ITA no

143(2) impregnated proceeding with a jurisdictional defect, hence,\nrendered it as invalid in eyes of law Held, yes\nWhether, therefore,\nassessment framed by Assessing Officer in absence of a notice under section\n143(2) could not be sustained and was liable to be quashed – Held, yes [Paras\n19 and 21] [In favour of assessee]\n3. Assessment reopened solely

DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-3, JAIPUR vs. KARNANI SOLVEX PRIVATE LIMITED, JAIPUR

In the result, the appeals of the revenue in ITA No

143(2) or a\nquestionnaire under section 142(1). In this case, a questionnaire has been\nissued.\n\n24. I am, thus in agreement with the ratio of the decisions cited above and answer\nthis legal issue in favour of the revenue.\"\n\nIn view of the above discussion this issue raised by the appellant is hereby\ndismissed.\n\n5.2

INCOME TAX OFFICER, WARD-1, BEAWAR vs. SHRI MANOJ AMAR CHAND TAILOR, MASUDA BIJAINAGAR

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

Section 44AB of the Income Tax Act, 1961. 2.2. The tax auditor of the assessee, after taking note of the business of assessee i.e. commission agent [PB 87-88] dealing in diamonds and after making detailed study of books of accounts, monthly stock summary [85-86], purchases [PB 81-82], sales [PB 83-84], bank statements

SHRI MANOJ AMAR CHAND TAILOR,MASUDA BIJAINAGAR vs. INCOME TAX OFFICER, WARD-1, BEAWAR

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

Section 44AB of the Income Tax Act, 1961. 2.2. The tax auditor of the assessee, after taking note of the business of assessee i.e. commission agent [PB 87-88] dealing in diamonds and after making detailed study of books of accounts, monthly stock summary [85-86], purchases [PB 81-82], sales [PB 83-84], bank statements

ITO WARD-7(2), JAIPUR, WARD-7(2), JAIPUR vs. M/S. SILVEX & COMPANY G-1/35 TO 37, 47, 48 EPIP, JEWELLERY ZONE, SITAPURA INDUSTRIAL AREA, JAIPUR, JAIPUR

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

143(3) was completed after invoking the provision of section 145(3) and trading addition was made, thus further reliance on same purchases which was part of trading account already rejected is bad in law and consequent reopening u/s 148 deserves to be quashed. Without prejudice to Grounds of Appeal Nos. 01 & 02: 2. On the facts

M/S. SILVEX & COMPANY INDIA LTD.,JAIPUR vs. ITO WARD-7(4), JAIPUR

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

143(3) was completed after invoking the provision of section 145(3) and trading addition was made, thus further reliance on same purchases which was part of trading account already rejected is bad in law and consequent reopening u/s 148 deserves to be quashed. Without prejudice to Grounds of Appeal Nos. 01 & 02: 2. On the facts

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SARITA DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. PRIYA DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. PRIYA DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. TRILOK DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SUBHASH CHANDRA BANKA, SIKAR

In the result, the appeals of the revenue in ITA No

143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132

DCIT, CENTRAL CIRCLE-1, JAIPUR , JAIPUR vs. USHA BANKA, SIKAR

In the result, the appeals of the revenue in ITA No

143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132