M/S AMRAPALI EXPORTS,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2, JAIPUR

In the result, the ground No

bogus concern which was operated by Shri Rajendra Jain without any physical deliveries and such purchases amounting to Rs 7,54,587/- were treated as non genuine and 25% of such purchases were brought to tax as unexplained expenditure besides addition of Rs. 15,092/-, being 2% of Rs. 7,54,587/- on account of alleged commission paid for obtaining

SHIV VEGPRO PRIVATE LIMITED ,KOTA vs. PCIT-UDAIPUR , UDAIPUR

In the result, the appeal filed by the assessee is allowed

bogus u/s 68 of the I.T. Act, 1961. However, in\ncomputation sheet of assessed income and tax payable, issued by the\nFAO, with the assessment order, the tax had been charged by the FAO\nat normal rates in place of charging the same at special rates of tax as\nper Section 115BBE of the Act. As such the computation

SHREE CEMENT LIMITED,BANGUR NAGAR vs. ACIT, CENTRAL CIRCLE, AJMER

In the result, the appeal of the assessee - appellant in ITA No

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

purchases, amounting to Rs. 1,55,68,397/- was flagged on Insight portal for FY 2018-19 relevant to AY 2019-20 as per Risk Management Strategy of CBDT. 4.1 On the basis of above information, notice u/s 148A(b) was issued on 27.03.2023 and after considering the reply of the assessee, order u/s 148A(d) was passed

AMAR PRATAP STEELS PRIVATE LIMITED,JAIPUR vs. ITO, WARD-7(2), JAIPUR, JAIPUR

In the result, appeal of the assessee is partly allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

purchases bill, ledger, cash book, bank book, stock register and voucher of expenses which were examined on test check basis and case was discussed with him. 3.1 As there was information related to assessee which was passed on by office of the Director General of Income tax (investigation, 3rd floor, Sscindia House, Ballard Pier, Mumbai vide its office letter