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)

2. The respondent craves permission to add to or amend to any of grounds of appeal or to withdraw any of them. 45 ITA No. 264 to 267/JP/2022 & CO No.13 to 16/JP/2022 DCIT vs. M/s Rigid Conductors (Raj.) Pvt. Ltd. Ground No. 1 of the Cross appeal :- The ground no.1 is challenging the finding of the ld. AO that

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)

2. The respondent craves permission to add to or amend to any of grounds of appeal or to withdraw any of them. 45 ITA No. 264 to 267/JP/2022 & CO No.13 to 16/JP/2022 DCIT vs. M/s Rigid Conductors (Raj.) Pvt. Ltd. Ground No. 1 of the Cross appeal :- The ground no.1 is challenging the finding of the ld. AO that

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)

2. The respondent craves permission to add to or amend to any of grounds of appeal or to withdraw any of them. 45 ITA No. 264 to 267/JP/2022 & CO No.13 to 16/JP/2022 DCIT vs. M/s Rigid Conductors (Raj.) Pvt. Ltd. Ground No. 1 of the Cross appeal :- The ground no.1 is challenging the finding of the ld. AO that

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)

2. The respondent craves permission to add to or amend to any of grounds of appeal or to withdraw any of them. 45 ITA No. 264 to 267/JP/2022 & CO No.13 to 16/JP/2022 DCIT vs. M/s Rigid Conductors (Raj.) Pvt. Ltd. Ground No. 1 of the Cross appeal :- The ground no.1 is challenging the finding of the ld. AO that

NARAIN LAL AGRAWAL,JAIPUR vs. DCIT CIRCLE 1 JAIPUR, JAIPUR

In the result the appeal of the assessee is allowed

section 50C.\nGist of the decision is as under:\n11\nITA No. 744/JP/2023\nNarain Lal Agrawal vs. DCIT\nS. 50C: Capital gains-Full value of consideration-Stamp valuation Amendment\nwith effect from 1-4-2017-Statutory amendment is made to remove an undue\nhardship-Amendment retrospective. [S. 45]\nThe assessee entered into an agreement for sale on August

BHARATPUR ROYAL FAMILY RELIGIOUS & CEREMONIAL TRUST,BHARATPUR vs. CIT(E), JAIPUR

In the result, we upheld the order of the ld PCIT in exercise of his powers u/s 263 in setting aside the order so passed by the AO and the grounds of appeal taken by the assessee are hereby dismissed

151 ECTM 81 held that under the facts of that case it was not open to AO rectifying his own order. In the case of Dena Metal Powder(P) Ltd. Vs. Commissioner of Trade Tax, it was a “rectifiable mistake” is a mistake which is obvious and the same must be apparent from record. It is must be a patent

RAM SHRAN KATTA, 257, KATTA STREET, JAIN MANDIR WALI GALI, DURGAPURA, JAIPUR,JAIPUR vs. ITO WARD-6(4), JAIPUR

In the result, the appeals of the assessee are allowed

capital gain on sale of plot is in order. AR has not been able to point out\nany defect in the computation. Thus, the addition made by the AO is upheld and the\nground of appeal of assessee is dismissed.\n5. Ground No. 5 general in nature and does not require any adjudication.\n6. In the result, the appeal

RAM SHARAN KATTA, 257, KATTA STREET, JAIN MANDIR WALI GALI, DURGAPURA, JAIPUR,JAIPUR vs. ITO WARD-6(4), JAIPUR, WARD-6(4), JAIPUR

In the result, the appeals of the assessee are allowed

capital gain on sale of plot is in order. AR has not been able to point out\nany defect in the computation. Thus, the addition made by the AO is upheld and the\nground of appeal of assessee is dismissed.\n5. Ground No. 5 general in nature and does not require any adjudication.\n6. In the result, the appeal

ACIT, NCR BUILDING, JAIPUR vs. HANS RAJ AGARWAL, VIDHYADHAR NAGAR JAIPUR

39. In view of the above discussion and findings, memorandum of cross objections No 1/JP/2025 filed by the assessee is allowed

Bench: SHRI GAGAN GOYAL (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

Section 144B of the Income Tax Act, 1961 is bereft of merits and law as already the assessment proceedings were initiated in present case of assessee and the issue of capital gain on sale of shares of M/s Yamini Investment Pvt. Ltd was specifically raised by the Assessing Officer during the original assessment however after considering the same

MAHENDRA SHARMA,JAIPUR vs. ITO, WARD-3(1), JAIPUR

In the result, the appeal of the assessee is allowed

capital gain u/s 10(38) of I.T. Act. The appellant had sold shares named as\nM/s Shree Nath Commercial & Finance Ltd. the same were found to be penny\nstock. The learned AO contented that the underlined companies were bogus and\nwithout any substance and he observed that there is sudden surge in the volume\ntraded and price is artificially rigged

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

In the result, both appeals of the assessee are allowed

151 and section 153, in the case of a person\nwhere a search is initiated under section 132 or books of account, other\ndocuments or any assets are requisitioned under section 132A after the 31st\nday of May, 2003 but on or before the 31st day of March, 2021, the Assessing\nOfficer shall-\n(a) issue notice to such person

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SNEHLATA AGARWAL, SIKAR

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

capital gains tax was not leviable but tax was leviable on interest earned on\nthe amount awarded on year to year basis.\n\n4.\nThe appellant through counsel sent a letter dated 17-9-1993 informing the ITO\nthat he had received interest amount of Rs.76,84,829 and interest accrued from\nyear to year was assessable in each year

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

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

capital gains tax was not leviable but tax was leviable on interest earned on\nthe amount awarded on year to year basis.\n4. The appellant through counsel sent a letter dated 17-9-1993 informing the ITO\nthat he had received interest amount of Rs.76,84,829 and interest accrued from\nyear to year was assessable in each year. Year

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

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

capital gains tax was not leviable but tax was leviable on interest earned on\nthe amount awarded on year to year basis.\n4. The appellant through counsel sent a letter dated 17-9-1993 informing the ITO\nthat he had received interest amount of Rs.76,84,829 and interest accrued from\nyear to year was assessable in each year. Year

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SNEHLATA AGARWAL, SIKAR

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

capital gains tax was not leviable but tax was leviable on interest earned on\nthe amount awarded on year to year basis.\n4. The appellant through counsel sent a letter dated 17-9-1993 informing the ITO\nthat he had received interest amount of Rs.76,84,829 and interest accrued from\nyear to year was assessable in each year. Year

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

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

capital gains tax was not leviable but tax was leviable on interest earned on\nthe amount awarded on year to year basis.\n4. The appellant through counsel sent a letter dated 17-9-1993 informing the ITO\nthat he had received interest amount of Rs.76,84,829 and interest accrued from\nyear to year was assessable in each year. Year

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

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

capital gains tax was not leviable but tax was leviable on interest earned on\nthe amount awarded on year to year basis.\n4. The appellant through counsel sent a letter dated 17-9-1993 informing the ITO\nthat he had received interest amount of Rs.76,84,829 and interest accrued from\nyear to year was assessable in each year. Year

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

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

capital gains tax was not leviable but tax was leviable on interest earned on\nthe amount awarded on year to year basis.\n4. The appellant through counsel sent a letter dated 17-9-1993 informing the ITO\nthat he had received interest amount of Rs.76,84,829 and interest accrued from\nyear to year was assessable in each year. Year

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

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

capital gains tax was not leviable but tax was leviable on interest earned on\nthe amount awarded on year to year basis.\n4. The appellant through counsel sent a letter dated 17-9-1993 informing the ITO\nthat he had received interest amount of Rs.76,84,829 and interest accrued from\nyear to year was assessable in each year. Year