BITTHAL DAS PARWAL,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3 , JAIPUR

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

Bench: Him. 2. In This Appeal, The Assessee Has Raised The Following Grounds: -

search and seizure action on account of the bogus long term capital gain whereby the disallowance of the exemption under

DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-3, JAIPUR vs. M/S CHOKHI DHANI DEVELOPERS PVT. LTD., JAIPUR

In the result, the appeals of the revenue stands dismissed

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

capital gain is chargeable on its compulsory acquisition. 2. The appellant Pvt. Ltd. company before submitting the ground- wise submissions, the appellant submits the following undisputed facts of the case:– (i) That during the course of search and seizure

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR vs. M/S VISION ESTATES PVT. LTD., JAIPUR

In the result, the appeals of the revenue stands dismissed

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

capital gain is chargeable on its compulsory acquisition. 2. The appellant Pvt. Ltd. company before submitting the ground- wise submissions, the appellant submits the following undisputed facts of the case:– (i) That during the course of search and seizure

DEPUTY COMMISSINER OF INCOME TAX, LIC BUILDING vs. M/S GEE VEE DEVELOPERS PVT. LTD., JAIPUR

In the result, the appeals of the revenue stands dismissed

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

capital gain is chargeable on its compulsory acquisition. 2. The appellant Pvt. Ltd. company before submitting the ground- wise submissions, the appellant submits the following undisputed facts of the case:– (i) That during the course of search and seizure

DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-3, JAIPUR vs. M/S RIGID CONDUCTORS (RAJ.) PVT. LTD., JAIPUR

In the result, the appeals of the revenue stands dismissed

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

capital gain is chargeable on its compulsory acquisition. 2. The appellant Pvt. Ltd. company before submitting the ground- wise submissions, the appellant submits the following undisputed facts of the case:– (i) That during the course of search and seizure

CHANDRA PRAKASH JAIN,JAIPUR vs. CIRCLE 1, JPR, JAIPUR

In the result, ground raised by the assessee is partly allowed

Bench: Shri Gagan Goyal & Shri Narinder Kumar

search & seizure operation. As per his statement, this company is actually one of the paper companies known as penny stock and does not do any actual business and was only providing bogus Long Term Capital Gain

JUHI BHANDARI, JAIPUR,JAIPUR vs. DCIT CIRCLE (INTL TAX), JAIPUR, JAIPUR

In the result, both appeals of the assessee are allowed

seizure action u/s.\n132 of the Act was undertaken at the premises of OM Kothari group on\n13.07.2020. While search incriminating documents were found as well as\nmobile phones and other digital devices were also found and seized. The\nexamination of mobile phones, laptops, and personal computers was\nconducted by computer experts during the investigation, and statements\nfrom those individuals

DCIT, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. KAMLAPRABHA L/H OF LATE SHRI GOPAL LAL JI GOSWAMI, KOTA

In the result, the appeal of the revenue is dismissed and the Cross objection of the assessee is disposed off in terms of the observation made herein above

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

Capital Gains i.e. LTCG of Rs.4,44,60,476 LTCG declared by the assessee was Rs.0 as against that assessed by the Assessing 4 Officer at Rs.4,44,60,476, including Rs.4,30,51,976 on account of index cost of acquisition and Rs. 14,08,500 by making a disallowance of the index cost of improvement which relates

RAJRANI SINGHAL,BEAWAR vs. DCIT, CENTRAL CIRCLE, AJMER, AJMER

capital gain on Pearl\nAnanda Property. Whereas under similar circumstances in case of\nanother co-oper Hon'ble ITAT, Jaipur has decided the issues (set-aside\nto AO) and AO has accepted the facts and has deleted the addition.\n2. Any other matter with prior permission of the chair.\"\n5. The brief facts of the case is that the search

GANPATLAL AGARWAL,BEAWAR vs. DCIT, CENTRAL CIRCLE, AJMER, AJMER

seizure operation was conducted on the premises of 'M/s Swarnganga Group of Beawar'. During the search, incriminating documents related to sale deeds were found. The assessee, a partner in a firm, had also earned rental income, long-term capital gains

GANPATLAL AGARWAL,BEAWAR vs. DCIT, CENTRAL CIRCLE, AJMER, AJMER

capital gain on Pearl\nAnanda Property. Whereas under similar circumstances in case of\nanother co-oper Hon'ble ITAT, Jaipur has decided the issues (set-aside\nto AO) and AO has accepted the facts and has deleted the addition.\n2. Any other matter with prior permission of the chair.\"\n5. The brief facts of the case is that the search

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

In the result, the appeals of the revenue stands dismissed, and the

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

Capital gain claimed by him in his return of income and ground no. 2 relates to the estimation of commission at 5 % on the said income offered by the assessee as charges for the accommodation entry. The facts related to these two additions were already discussed herein above the same are not repeated. Record reveals that a Search and Seizure

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

In the result, the appeals of the revenue stands dismissed, and the

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

Capital gain claimed by him in his return of income and ground no. 2 relates to the estimation of commission at 5 % on the said income offered by the assessee as charges for the accommodation entry. The facts related to these two additions were already discussed herein above the same are not repeated. Record reveals that a Search and Seizure

RAJRANI SINGHAL,BEAWAR vs. DEPUTY COMMISSIONER OF INCOME TAX, AJMER

In the result, the appeal filed by the assessee is allowed for statistical purposes

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

capital gain on Pearl Ananda Property. Whereas under similar circumstances in case of another co-oper Hon’ble ITAT, Jaipur has decided the issues (set-aside to AO ) and AO has accepted the facts and has deleted the addition. 2. Any other matter with prior permission of the chair.” 5. The brief facts of the case is that the search

GANPATLAL AGARWAL,BEAWAR vs. DCIT, CENTRAL CIRCLE, AJMER, AJMER

In the result, the appeal filed by the assessee is allowed for statistical purposes

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

capital gain on Pearl Ananda Property. Whereas under similar circumstances in case of another co-oper Hon’ble ITAT, Jaipur has decided the issues (set-aside to AO ) and AO has accepted the facts and has deleted the addition. 2. Any other matter with prior permission of the chair.” 5. The brief facts of the case is that the search

GANPATLAL AGARWAL,BEAWAR vs. DCIT, CENTRAL CIRCLE, AJMER, AJMER

In the result, the appeal filed by the assessee is allowed for statistical purposes

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

capital gain on Pearl Ananda Property. Whereas under similar circumstances in case of another co-oper Hon’ble ITAT, Jaipur has decided the issues (set-aside to AO ) and AO has accepted the facts and has deleted the addition. 2. Any other matter with prior permission of the chair.” 5. The brief facts of the case is that the search

RAJRANI SINGHAL,BEAWAR vs. DEPUTY COMMISSIONER OF INCOME TAX, AJMER

In the result, all the appeals filed by the assessee are\nallowed for statistical purposes

capital gain on Pearl\nAnanda Property. Whereas under similar circumstances in case of\nanother co-oper Hon'ble ITAT, Jaipur has decided the issues (set-aside\nto AO) and AO has accepted the facts and has deleted the addition.\n2. Any other matter with prior permission of the chair.”\n5. The brief facts of the case is that the search

RAJRANI SINGHAL,BEAWAR vs. DEPUTY COMMISSIONER OF INCOME TAX, AJMER

In the result, all the appeals filed by the assessee are\r\nallowed for statistical purposes

seizure action under section 132 of the IT Act, 1961, was conducted at the premises of \"M/s Swarnganga Group of Beawar\". During the search, incriminating documents were found. The assessee, a partner in a firm, was involved in rental income, capital gains