ACIT,CC-4, JAIPUR vs. SHRI RAMESH KUMAR MANTRI, JAIPUR

In the result appeals of the revenue are dismissed and the cross

capital gain including the report of the SIT report he had relied upon. He has heavily relied on the statement recorded u/s. 132(4) of the Act wherein the assessee has accepted the amount as not genuine transactions and therefore, the same CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri may be viewed in accordance with

ACIT, CC-4, JAIPUR vs. SHRI MUKUT BEHARI AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed and the cross

capital gain including the report of the SIT report he had relied upon. He has heavily relied on the statement recorded u/s. 132(4) of the Act wherein the assessee has accepted the amount as not genuine transactions and therefore, the same CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri may be viewed in accordance with

ACIT, CC-4, JAIPUR vs. SHRI MUKUT BEHARI AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed and the cross

capital gain including the report of the SIT report he had relied upon. He has heavily relied on the statement recorded u/s. 132(4) of the Act wherein the assessee has accepted the amount as not genuine transactions and therefore, the same CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri may be viewed in accordance with

ACIT, CC-4, JAIPUR vs. SMT. SANGEETA MANTRI, JAIPUR

In the result appeals of the revenue are dismissed and the cross

capital gain including the report of the SIT report he had relied upon. He has heavily relied on the statement recorded u/s. 132(4) of the Act wherein the assessee has accepted the amount as not genuine transactions and therefore, the same CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri may be viewed in accordance with

ACIT, CC-4, JAIPUR vs. SHRI MUKESH JAIN, JAIPUR

In the result appeals of the revenue are dismissed and the cross

capital gain including the report of the SIT report he had relied upon. He has heavily relied on the statement recorded u/s. 132(4) of the Act wherein the assessee has accepted the amount as not genuine transactions and therefore, the same CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri may be viewed in accordance with

ACIT,CC-4, JAIPUR vs. SHRI RAMESH KUMAR MANTRI, JAIPUR

In the result appeals of the revenue are dismissed and the cross

capital gain including the report of the SIT report he had relied upon. He has heavily relied on the statement recorded u/s. 132(4) of the Act wherein the assessee has accepted the amount as not genuine transactions and therefore, the same CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri may be viewed in accordance with

ACIT, CC-4, JAIPUR vs. SMT. ASHA JAIN, JAIPUR

In the result appeals of the revenue are dismissed and the cross

capital gain including the report of the SIT report he had relied upon. He has heavily relied on the statement recorded u/s. 132(4) of the Act wherein the assessee has accepted the amount as not genuine transactions and therefore, the same CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri may be viewed in accordance with

M/S ANGEL INFRASTRUCTURE (P) LTD.,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, JAIPUR

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

establish the correctness of the fact recorded in the reasons for reopening. Thus, what is needed at the stage of reopening is the nexus between the material and believe that there was escapement of income. The relevance of reasons is justifiable and not the adequacy or sufficiency. The ld. CIT-DR has relied upon the findings

ASSISTANT COMMISSIONER OF INCOME TAX , CIRCLE-2, JAIPUR vs. M/S. ANGEL INFRASTRUCTURE PRIVATE LIMITED, JAIPUR

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

establish the correctness of the fact recorded in the reasons for reopening. Thus, what is needed at the stage of reopening is the nexus between the material and believe that there was escapement of income. The relevance of reasons is justifiable and not the adequacy or sufficiency. The ld. CIT-DR has relied upon the findings

DCIT, C-4, JAIPUR vs. M/S. JLC ELECTROMET PVT. LTD., JAIPUR

In the result, the appeal of the Department is dismissed

capital -F. Rationalization of International Taxation Provisions in the memorandum explaining the provisions of the Finance Bill, 2012 "Section 195........................................assessment years." Thus, the Explanation 2 does not at all positively say that despite the fact that income of the non-resident payee is not chargeable to tax in India yet however, Sec. 195 shall applies on the payer resident

SHYAM LAL,JAIPUR vs. ITO, ALWAR

In the result, all the six appeals of the assessees are allowed on the

capital gain. Thus he also created the evidence to give the colour of agricultural land and agricultural income shown in the I.T. Return." ITA 758/JP/2011 & 833 to 837/JP/2014_ 8 Mamchand Gurjar with 5 Ors. Vs. ITO The perusal of the aforesaid para discloses the mindset of the Learned CIT(A) in deciding the issue. On the one hand

SUKHDAI W/O LATE SH. NARAYAN SINGH,JAIPUR vs. ITO, ALWAR

In the result, all the six appeals of the assessees are allowed on the

capital gain. Thus he also created the evidence to give the colour of agricultural land and agricultural income shown in the I.T. Return." ITA 758/JP/2011 & 833 to 837/JP/2014_ 8 Mamchand Gurjar with 5 Ors. Vs. ITO The perusal of the aforesaid para discloses the mindset of the Learned CIT(A) in deciding the issue. On the one hand

JAGAT SINGH,JAIPUR vs. ITO, ALWAR

In the result, all the six appeals of the assessees are allowed on the

capital gain. Thus he also created the evidence to give the colour of agricultural land and agricultural income shown in the I.T. Return." ITA 758/JP/2011 & 833 to 837/JP/2014_ 8 Mamchand Gurjar with 5 Ors. Vs. ITO The perusal of the aforesaid para discloses the mindset of the Learned CIT(A) in deciding the issue. On the one hand

MANFOOL GURJAR,JAIPUR vs. ITO, ALWAR

In the result, all the six appeals of the assessees are allowed on the

capital gain. Thus he also created the evidence to give the colour of agricultural land and agricultural income shown in the I.T. Return." ITA 758/JP/2011 & 833 to 837/JP/2014_ 8 Mamchand Gurjar with 5 Ors. Vs. ITO The perusal of the aforesaid para discloses the mindset of the Learned CIT(A) in deciding the issue. On the one hand

SHRI MAMCHAND GURJAR,ALWAR vs. ITO, ALWAR

In the result, all the six appeals of the assessees are allowed on the

capital gain. Thus he also created the evidence to give the colour of agricultural land and agricultural income shown in the I.T. Return." ITA 758/JP/2011 & 833 to 837/JP/2014_ 8 Mamchand Gurjar with 5 Ors. Vs. ITO The perusal of the aforesaid para discloses the mindset of the Learned CIT(A) in deciding the issue. On the one hand

HARI SINGH,JAIPUR vs. ITO, ALWAR

In the result, all the six appeals of the assessees are allowed on the

capital gain. Thus he also created the evidence to give the colour of agricultural land and agricultural income shown in the I.T. Return." ITA 758/JP/2011 & 833 to 837/JP/2014_ 8 Mamchand Gurjar with 5 Ors. Vs. ITO The perusal of the aforesaid para discloses the mindset of the Learned CIT(A) in deciding the issue. On the one hand

SMT. IRVIND KAUR GUJRAL,JAIPUR vs. ITO, WARD-1(3), JAIPUR, JAIPUR

In the result, appeal of the assessee is dismissed

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

permanent establishment. Article 8- Ships and Aircraft (PB 20) 1. Profits from the operation of ships or aircraft, including interest on funds connected with that operation, derived by a resident of one of the Contracting States shall be taxable only in that State. 2. Notwithstanding the provisions of paragraph (1), such profits may be taxed in the other Contracting State

NARESH KUMAR BHARGAVA,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX -1, JAIPUR, JAIPUR

In the result, appeal of the assessee is allowed

Bench: The Date Of Hearing.”

Permanent Account and Director Identification Number, through which it could be concluded that the assessee was not the Director in the various companies, as mentioned in the order passed by ld. PCIT, under Section 263. Affidavit of other Naresh Bharagava, along with the supporting evidences, are enclosed in the Paper Book 64 to 87. In view of the above