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 asset within the meaning of section 2(14) of the I.T. Act, 1961. Accordingly capital gain tax is leviable on compulsory acquisition of the land. In this connection it is submitted that the above said finding of the ld. AO was based on the enquiries made from the Tehsildar, Sanganer vide his letter dated 14.11.2019 and 15.11.2019 and also

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 asset within the meaning of section 2(14) of the I.T. Act, 1961. Accordingly capital gain tax is leviable on compulsory acquisition of the land. In this connection it is submitted that the above said finding of the ld. AO was based on the enquiries made from the Tehsildar, Sanganer vide his letter dated 14.11.2019 and 15.11.2019 and also

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 asset within the meaning of section 2(14) of the I.T. Act, 1961. Accordingly capital gain tax is leviable on compulsory acquisition of the land. In this connection it is submitted that the above said finding of the ld. AO was based on the enquiries made from the Tehsildar, Sanganer vide his letter dated 14.11.2019 and 15.11.2019 and also

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

ACIT, CC-4, JAIPUR vs. SMT. SUNITA AGARWAL, JAIPUR

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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 Gain of Rs.3,78,74,469/- (PB5). The Id. AO has discussed the issue of LTCG particularly in para 2 (PB 120). The AO, who finally passed the order dt.31.07.2016 u/s 143(3) of the Act (PB 119-121) by making additions / disallowances of Rs. 25,200/-and Rs. 8,52,531/-. Notably, no variation has been made

DCIT, CC-3, JAIPUR vs. SMT. JYOTI FALOR, JAIPUR

capital gain as his undisclosed income for current year from real estate transactions used in obtaining said LTCG exempt under section 10(38) and surrendered the same for tax stating the same is made voluntarily to buy peace of mind. The said averment was again reaffirmed by Shri Bitthal Das Parwal in proceedings under section 131 in statement recorded

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

capital gain as his undisclosed income for current year from real estate transactions used in obtaining said LTCG exempt under section 10(38) and surrendered the same for tax stating the same is made voluntarily to buy peace of mind. The said averment was again reaffirmed by Shri Bitthal Das Parwal in proceedings under section 131 in statement recorded

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR vs. M/S HARI NARAIN PARWAL, HUF, JAIPUR

capital gain as his undisclosed income for current year from real estate transactions used in obtaining said LTCG exempt under section 10(38) and surrendered the same for tax stating the same is made voluntarily to buy peace of mind. The said averment was again reaffirmed by Shri Bitthal Das Parwal in proceedings under section 131 in statement recorded

DCIT, C.C. -03, JAIPUR vs. SHRI TEJENDER KUMAR FALOR, JAIPUR

capital gain as his undisclosed income for current year from real estate transactions used in obtaining said LTCG exempt under section 10(38) and surrendered the same for tax stating the same is made voluntarily to buy peace of mind. The said averment was again reaffirmed by Shri Bitthal Das Parwal in proceedings under section 131 in statement recorded

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR vs. SMT. SAROJ PARWAL, JAIPUR

capital gain as his undisclosed income for current year from real estate transactions used in obtaining said LTCG exempt under section 10(38) and surrendered the same for tax stating the same is made voluntarily to buy peace of mind. The said averment was again reaffirmed by Shri Bitthal Das Parwal in proceedings under section 131 in statement recorded