KATRATHAL GRAM SEWA SAHKARI SAMITI LIMITED ,KATRATHAL vs. ITO WARD 1 SIKAR, SIKAR

250 of the Income Tax\r\nAct 1961 [ for short Act ]dated 27.05.2025 for the assessment year 2019-\r\n20. Ld. CIT(A) passed that order because the assessee had challenged\r\nassessment order dated 27.02.2024 passed under section 147r.w.s.144\r\nread with section 144B of the Act by National Faceless Assessment Unit of\r\nIncome Tax Department [ for short

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

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

250. The assessment was completed under Section 153A\nvide order dated 21.09.2021, determining the total income at Rs.73,84,060. This\nresulted in an addition of Rs.42,20,814, which included:\n\na. Disallowance of long-term capital gains exemption of Rs.40,15,061.29 by\ntreating the sale of listed equity shares as a bogus transaction; and\n\nb. Addition

RAKESH KUMAR JAIN,JAIPUR vs. DCIT,CIRCLE-2, JAIPUR, JAIPUR

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

Bench: Or At The Time Of Hearing Of The Appeal & / Or Modify Any Of The Above Grounds.

capital gains tax, did not disclose the profits arising on its sale. The case was selected for scrutiny through CASS which was finalized u/s 143(3) of the IT Act. 1961 determining total income Rs. 1,14,75,790/- on 05.12.2016 An addition of Rs 1,14,75,791/-was made on account of LTCG on sale of the impugned

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

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

Capital Gains on account of unexplained\ncredits u/s 68 of the IT Act 1961.\n2. Whether on facts and in circumstances of the case and in law, the Ld.\nCIT(A) is justified in deleting the addition of 2,05,753/- made by the AO on account\nof unexplained expenditure for commission to acquire such accommodation\nentries.\n3. The applicant

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

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

Capital Gains on account of unexplained\ncredits u/s 68 of the IT Act 1961.\n2. Whether on facts and in circumstances of the case and in law, the Ld.\nCIT(A) is justified in deleting the addition of 2,05,753/- made by the AO on account\nof unexplained expenditure for commission to acquire such accommodation\nentries.\n3. The applicant

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SUBHASH CHANDRA BANKA, SIKAR

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

Capital Gains on account of unexplained\ncredits u/s 68 of the IT Act 1961.\n2. Whether on facts and in circumstances of the case and in law, the Ld.\nCIT(A) is justified in deleting the addition of 2,05,753/- made by the AO on account\nof unexplained expenditure for commission to acquire such accommodation\nentries.\n3. The applicant

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

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

Capital Gains on account of unexplained\ncredits u/s 68 of the IT Act 1961.\n2.\nWhether on facts and in circumstances of the case and in law, the Ld.\nCIT(A) is justified in deleting the addition of 2,05,753/- made by the AO on account\nof unexplained expenditure for commission to acquire such accommodation\nentries.\n3. The applicant

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

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

Capital Gains on account of unexplained\ncredits u/s 68 of the IT Act 1961.\n2. Whether on facts and in circumstances of the case and in law, the Ld.\nCIT(A) is justified in deleting the addition of 2,05,753/- made by the AO on account\nof unexplained expenditure for commission to acquire such accommodation\nentries.\n3. The applicant

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

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

Capital Gains on account of unexplained\ncredits u/s 68 of the IT Act 1961.\n2. Whether on facts and in circumstances of the case and in law, the Ld.\nCIT(A) is justified in deleting the addition of 2,05,753/- made by the AO on account\nof unexplained expenditure for commission to acquire such accommodation\nentries.\n3. The applicant

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

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

Capital Gains on account of unexplained\ncredits u/s 68 of the IT Act 1961.\n2.\nWhether on facts and in circumstances of the case and in law, the Ld.\nCIT(A) is justified in deleting the addition of 2,05,753/- made by the AO on account\nof unexplained expenditure for commission to acquire such accommodation\nentries.\n3. The applicant

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

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

Capital Gains on account of unexplained\ncredits u/s 68 of the IT Act 1961.\n2. Whether on facts and in circumstances of the case and in law, the Ld.\nCIT(A) is justified in deleting the addition of 2,05,753/- made by the AO on account\nof unexplained expenditure for commission to acquire such accommodation\nentries.\n3. The applicant

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

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

Capital Gains on account of unexplained\ncredits u/s 68 of the IT Act 1961.\n2. Whether on facts and in circumstances of the case and in law, the Ld.\nCIT(A) is justified in deleting the addition of 2,05,753/- made by the AO on account\nof unexplained expenditure for commission to acquire such accommodation\nentries.\n3. The applicant

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

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

Capital Gains on account of unexplained\ncredits u/s 68 of the IT Act 1961.\n2. Whether on facts and in circumstances of the case and in law, the Ld.\nCIT(A) is justified in deleting the addition of 2,05,753/- made by the AO on account\nof unexplained expenditure for commission to acquire such accommodation\nentries.\n3. The applicant

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

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

Capital Gains on account of unexplained\ncredits u/s 68 of the IT Act 1961.\n2. Whether on facts and in circumstances of the case and in law, the Ld.\nCIT(A) is justified in deleting the addition of 2,05,753/- made by the AO on account\nof unexplained expenditure for commission to acquire such accommodation\nentries.\n3. The applicant

BIRENDRA SINGH NIRBHAY,SIRSI ROAD JAIPUR RAJASTHAN vs. ITO WARD 3(1) JAIPUR, NCRB INCOME TAX DEPARTMENT STATUE CIRCLE JAIPUR RAJASTHAN

In the result, the appeal of the assessee is allowed

1), JAIPUR\nof the assessee for non-prosecution without deciding the case on merits through\nan order in writing, stating points for determination, decision and reason thereon.\nThe Delhi ITAT takes a similar opinion in the case of Swati Pawa v.\nDCIT,2019, wherein it is held that in terms of Section 250, the CIT (A) has no\npower

FEDERATION OF RAJASTHAN TRADE AND INDUSTRY,JAIPUR vs. ITO-EXEMPTION WARD-2, JAIPUR

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)

gains, assessee claimed cost of acquisition being fair market value as on 1-4- 1981 Assessing Officer held that there was no cost incurred for purchase/acquisition of tenancy rights and accordingly took cost of acquisition at nil Whether case of assessee fell under section 49(1)(iii)(a) and once capital asset in question became property of assessee

ROSHAN LAL,ALWAR vs. INCOME TAX OFFICER, BHIWADI

Appeal of the assessee is allowed for

Bench: The Hon'Ble Income Tax Appellate Tribunal, Jaipur.

capital asset under Section 2(14) of the Act, the appellant, being a layperson with limited financial literacy and no prior knowledge of tax laws, genuinely believed that the transaction was entirely tax-exempt. Accordingly, he did not file an ITR for the said year, under the bona fide belief that no tax liability arose from the transaction

MUNNI DEVI,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-5,, JAIPUR

section 250\nof the Income Tax Act, 1961 for the assessment year 2014-15. The grounds raised in\nthe appeal are reproduced as under :-\n1. That on the facts and in the circumstances of the case the Id CIT(A) is wrong,\nunjust and has erred in law in upholding finding recorded by the Id AO that\nagricultural land

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). 2. In the first round, the case was selected for scrutiny supposedly, on the issue of examination of LTCG. Notices u/s 143(2) dt.18.09.2015 and thereafter notice u/s 142(1) were issued time to time which were duly replied and assessment was completed vide order