AJAY BAKLIWAL,KOTA vs. ACIT, CENTRAL CIRCLE, KOTA, KOTA

56, read with section 147, of the Income-tax Act, 1961- Income from other\nsources - Chargeable as (Reassessment) - Assessing Officer worked out profit on basis of\ncontract and sub-contract income On account of oversight/mistake, he failed to add\ninterest income shown in books as other income - Subsequently, audit objections were\nraised by audit party Invoking section 147/148, Assessing Officer

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.

2 Through this ground, the appellant has challenged the addition of Rs. 8,77,442/- being 25 percent of alleged bogus purchases of Rs.35,09,770/- made from 3 parties alleged to be controlled by Bhanwar Lal Jain group of Mumbai. In the appellant's case, as per information from DGIT(Inv.), Mumbai, a search and seizure action under section

RAJASTHAN TRANSMAT PRIVATE LIMITED,JAIPUR vs. INCOME TAX OFFICER ,WARD 7(2),, JAIPUR

In the result, the appeal of the assessee partly allowed

Bench: SHRI SANDEEP GOSAIN (Judicial Member), DR MEETHA LAL MEENA (Accountant Member)

bogus entries of name lenders. (iii) If the enquiries and investigations reveal that the identity of the creditors to be dubious or doubtful or lack credit- worthiness then the genuineness of the transaction would not be established. In such a case, the assessee would not have discharged the primary onus contemplated by Section 68 of the Act. 6.1.4. The assessment

DHANUKA REALTY LIMITED,JAIPUR vs. ITO WARD 4(4), JAIPUR

In the result, the appeal of the assessee is allowed with no orders as to costs

Bench: SHRI SANDEEP GOSAIN (Judicial Member)

bogus, he has to assess the shareholders but cannot assess the same as the issuing company's unexplained cash credit. 3. Against the above mentioned additions, contention of the appellant is that share premium exceeding fair market value is first time by way brought to tax on statute book of insertion of section 56(2)(viib

GOVINDAM EXPORT,JAIPUR, RAJASTHAN vs. DCIT, CIRCLE-1, JPR, JAIPUR, RAJASTHAN

In the results all the appeals filed by the assessee ITA Nos

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

bogus with respect to the each of the parties considered in each of the year is also tabulated here in below : Astt Year Purchases held by AO in original Assessment proceedings as bogus/unverifiable 1998-1999 a) Shree Nath Impex Rs. 2,77,128/- b) From various unregistered dealers Rs. 2,78,552/- 1999-2000 M/s Tirupati Balaji Gems Rs. 2

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

56,689.00 1,78,92,739.00 PB-I [46- PB-I [58-73] 57] 21.03.2016 17.12.2018 4 2013-2014 20,48,030.00 8,14,33,841.00 8,14,33,841.00 6,17,64,673.00 2,52,62,800.00 2

GOVINDAM EXPORT,JAIPUR, RAJASTHAN vs. DCIT, CIRCLE-1, JAIPUR, RAJASTHAN

56,250/- being 25% of purchases of Rs.\n14,25,000/- (iv) directing to tax the same as income from other sources\nand (iv) holding that assessee paid 25% of doubtful purchases through\nundisclosed cash/undisclosed source.\n4\nThe appellant prays for leave to Add, to amend, to delete, or modify the\nall or any grounds of appeal on or before

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

GOVINDAM EXPORT,JAIPUR, RAJASTHAN vs. DCIT, CIRCLE-1, JAIPUR, RAJASTHAN

56,250/- being 25% of purchases of Rs.\n14,25,000/- (iv) directing to tax the same as income from other sources\nand (iv) holding that assessee paid 25% of doubtful purchases through\nundisclosed cash/undisclosed source.\n4 The appellant prays for leave to Add, to amend, to delete, or modify the\nall or any grounds of appeal on or before

GOVINDAM EXPORT,JAIPUR, RAJASTHAN vs. DCIT, CIRCLE-1, JAIPUR, RAJASTHAN

56,250/- being 25% of purchases of Rs.\n14,25,000/- (iv) directing to tax the same as income from other sources\nand (iv) holding that assessee paid 25% of doubtful purchases through\nundisclosed cash/undisclosed source.\n4\nThe appellant prays for leave to Add, to amend, to delete, or modify the\nall or any grounds of appeal on or before

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)

56,906 860 - 43 and 44 17. 26.10.2017 SVMS/2017-18/GST/1337 6,67,060 952 T20171000305405 47 to 48 Also weight slip Total purchases including GST @ 18% 1,05,06.669* * Purchase price without GST is Rs.89,03,956/- i.e. 105,06,669X100 */. 118) The other documentary proofs proving genuine purchases and sales are: S. No. Nature of records P.B. page 1. Purchase

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

2)\n20.03.2023\n21.03.2023\nReceived\n21.03.2023\nPart\nShow\nCause\n22.03.2023\n23.03.2023\nReceived\n23.03.2023&\n27.03.2023\nFull\n27\nITA NOP. 209/JPR/2025\nJAJOO RASHMI REFRACTORIES LTD VS DCIT, CIRCLE-4, JAIPUR\nHence your honour, the Ld. AO only three notices during almost one year and out of\nthree notices two notices were issued just before 10 days of the assessment. Hence your\nhonour

GOVINDAM EXPORT,JAIPUR, RAJASTHAN vs. DCIT, CIRCLE-1, JAIPUR, RAJASTHAN

56,250/- being 25% of purchases of Rs.\n14,25,000/- (iv) directing to tax the same as income from other sources\nand (iv) holding that assessee paid 25% of doubtful purchases through\nundisclosed cash/undisclosed source.\n4\nThe appellant prays for leave to Add, to amend, to delete, or modify the\nall or any grounds of appeal on or before

RADHAKISHNA BENIWAL,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 1, JAIPUR, JAIPUR

In the result, the appeal filed by the assessee in ITA no

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

bogus sub contract from DRAIPL is baseless and incorrect as DRAIPL has also confirmed that sub-contract payments were made to the Appellant in response to notice issued under section 133(6) of the Act (PB 84). • Addition of Rs 42,00,40,000 has resulted in double addition as the Appellant has already included the said income

RADHAKISHAN BENIWAL,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 1, JAIPUR, JAIPUR

In the result, the appeal filed by the assessee in ITA no

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

bogus sub contract from DRAIPL is baseless and incorrect as DRAIPL has also confirmed that sub-contract payments were made to the Appellant in response to notice issued under section 133(6) of the Act (PB 84). • Addition of Rs 42,00,40,000 has resulted in double addition as the Appellant has already included the said income

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 145(3), consequential rejection of books of accounts of the assessee, treatment of purchases of Rs. 31,99,996/- made by the assessee from M/s. Sun Diam as not verifiable and consequential addition of Rs. 7,99,999/-, being 25% of above mentioned alleged unverifiable purchases of Rs. 31,99,996/-, and levy of tax thereon. In support

WHOLE SALE CLOTH MERCHANT ASSOCIATION ,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE KOTA , KOTA

In the result, the appeals of the assessee in ITA no

section\n11 (2) and 11(1)(a) of the\nAct\n33,50,772/-\n33,50,772/-\n5.\nUnverifiable Creditors\n16,75,286/-\n16,75,286/-\n6.\n15% of Construction\nExpenses\n1,20,00,440/-\n1,20,00,440/-\n7.\nDisallowance of Rs\n3,69,567 out of total\nexpenses

WHOLE SALE CLOTH MERCHANT ASSOCIATION ,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE KOTA , KOTA

section\n11 (2) and 11(1)(a) of the\nAct\n33,50,772/-\n33,50,772/-\n\n5.\nUnverifiable Creditors\n16,75,286/-\n16,75,286/-\n\n6.\n15% of Construction\nExpenses\n1,20,00,440/-\n1,20,00,440/-\n\n7.\nDisallowance of Rs\n3,69,567 out of total\nexpenses