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. SMT. SUNITA 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 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 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 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

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 during the year under consideration but the same was not disclosed by the assessee in its return of income, therefore, the same is hereby added to the total income of the assessee. The penalty proceedings u/s 271(1)(c) of the Income tax Act, 1961 are initiated for furnishing inaccurate particulars of income as discussed above. 8. Feeling

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 during the year under consideration but the same was not disclosed by the assessee in its return of income, therefore, the same is hereby added to the total income of the assessee. The penalty proceedings u/s 271(1)(c) of the Income tax Act, 1961 are initiated for furnishing inaccurate particulars of income as discussed above. 8. Feeling

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 during the year under consideration but the same was not disclosed by the assessee in its return of income, therefore, the same is hereby added to the total income of the assessee. The penalty proceedings u/s 271(1)(c) of the Income tax Act, 1961 are initiated for furnishing inaccurate particulars of income as discussed above. 8. Feeling

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 during the year under consideration but the same was not disclosed by the assessee in its return of income, therefore, the same is hereby added to the total income of the assessee. The penalty proceedings u/s 271(1)(c) of the Income tax Act, 1961 are initiated for furnishing inaccurate particulars of income as discussed above. 8. Feeling

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

In the result appeals of the revenue are dismissed

221/- u/s. 68 and 6 % commission the said amount u/s. 69C. 7. Aggrieved from the above order of the Assessing Officer making the addition assessee preferred an appeal before the ld. CIT(A). The ld. CIT(A) has deleted the addition of short/long term capital gain made u/s 68 of the Act and also deleted the disallowance of addition

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

In the result appeals of the revenue are dismissed

221/- u/s. 68 and 6 % commission the said amount u/s. 69C. 7. Aggrieved from the above order of the Assessing Officer making the addition assessee preferred an appeal before the ld. CIT(A). The ld. CIT(A) has deleted the addition of short/long term capital gain made u/s 68 of the Act and also deleted the disallowance of addition

ACIT, C.C. -4, JAIPUR vs. MAVERICK COMMODITY BROKERS PVT. LTD., JAIPUR

In the result appeals of the revenue are dismissed

221/- u/s. 68 and 6 % commission the said amount u/s. 69C. 7. Aggrieved from the above order of the Assessing Officer making the addition assessee preferred an appeal before the ld. CIT(A). The ld. CIT(A) has deleted the addition of short/long term capital gain made u/s 68 of the Act and also deleted the disallowance of addition

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

In the result appeals of the revenue are dismissed

221/- u/s. 68 and 6 % commission the said amount u/s. 69C. 7. Aggrieved from the above order of the Assessing Officer making the addition assessee preferred an appeal before the ld. CIT(A). The ld. CIT(A) has deleted the addition of short/long term capital gain made u/s 68 of the Act and also deleted the disallowance of addition

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

In the result appeals of the revenue are dismissed

221/- u/s. 68 and 6 % commission the said amount u/s. 69C. 7. Aggrieved from the above order of the Assessing Officer making the addition assessee preferred an appeal before the ld. CIT(A). The ld. CIT(A) has deleted the addition of short/long term capital gain made u/s 68 of the Act and also deleted the disallowance of addition

SHRI LALIT KUMAR KALWAR,SARWAR vs. INCOME TAX OFFICER, AJMER

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

section 54 of the Act." The Coordinate Bench of the Tribunal, Jaipur in the case of Income Tax Office vs. Rajkumar Parashar (2018) 195 TTJ (Jp) 212(DPB 10-17) it was held as: “Where the cost of the new asset is not less than the net consideration in respect of the original asset, the whole of such capital gain

SHRI LALIT KUMAR KALWAR,SARWAR vs. INCOME TAX OFFICER, AJMER

Bench: HON’BLE SHRI SANDEEP GOSAIN (Judicial Member)

section, 'net consideration', in relation to the transfer of a capital asset, means the full value of the consideration received or accruing as a result of 7 Shri Lalit Kumar Kalwar, Sarwar. the transfer of the capital asset as reduced by any expenditure incurred wholly and exclusively in connection with such transfer." 7]In Explanation