VINOD KUMAR MITTAL,BEAWAR vs. ITO, AJMER

In the result, the appeal of the assessee is partly allowed

section are loan or advance and for the individual benefit of such shareholders. The loan is something different from debt. For a loan there must be a lender, borrower as well as a contract/agreement between the parties for the return of the loan amount. Every sale of goods on credit does not amount to a transaction of loan

SANJAY KUMAR KARNANI,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result, all appeals of the assessee are disposed off in terms of

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

gains, nor is it income from 'other sources' because the provisions of sections 69, 69A, 69B, and 69C treat unexplained investments, unexplained money, bullion, etc., and unexplained expenditure as deemed income where the nature and source of investment, acquisition or expenditure, as the case may be, have not been explained or satisfactorily explained. Therefore, in these cases, the source

SHRI AMBICA GARMENTS, JODHPUR,JODHPUR vs. ACIT, CENTAL CIRCLE-3, JAIPUR, JAIPUR

In the result, all appeals of the assessee are disposed off in terms of

gains, nor is it income from 'other sources' because the provisions of sections 69, 69A, 69B, and 69C treat unexplained investments, unexplained money, bullion, etc., and unexplained expenditure as deemed income where the nature and source of investment, acquisition or expenditure, as the case may be, have not been explained or satisfactorily explained. Therefore, in these cases, the source

SHRI AMBICA GARMENTS, JODHPUR,JODHPUR vs. ACIT, CENTAL CIRCLE-3, JAIPUR, JODHPUR

In the result, all appeals of the assessee are disposed off in terms of

gains, nor is it income from 'other sources' because the provisions of sections 69, 69A, 69B, and 69C treat unexplained investments, unexplained money, bullion, etc., and unexplained expenditure as deemed income where the nature and source of investment, acquisition or expenditure, as the case may be, have not been explained or satisfactorily explained. Therefore, in these cases, the source

SHRI AMBICA GARMENTS, JODHPUR,JODHPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result, all appeals of the assessee are disposed off in terms of

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

gains, nor is it income from 'other sources' because the provisions of sections 69, 69A, 69B, and 69C treat unexplained investments, unexplained money, bullion, etc., and unexplained expenditure as deemed income where the nature and source of investment, acquisition or expenditure, as the case may be, have not been explained or satisfactorily explained. Therefore, in these cases, the source

SANJAY KUMAR KARNANI,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result, all appeals of the assessee are disposed off in terms of

Bench: AO on 12-04-2021 18. Reply filed before AO on 15-07-2021 19. Additional Written Submissions filed before CIT(A) for AY 2014-15 on 11-11-2024 20. Written Submissions filed before CIT(A) for AY 2014-15 21. Written Submissions filed before CIT(A) for AY 2015-16 on 10-10-2024 22. Written Submissions filed before CIT(A) for AY 2016-17 on 10-10-2024 23. Written Submissions filed before CIT(A) for AY 2017-18 on 15-10-2024 24. Written Submissions filed before CIT(A) for AY 2018-19 on 15-10-2024 25.

gains, nor is it income from 'other sources' because the provisions of sections 69, 69A, 69B, and 69C treat unexplained investments, unexplained money, bullion, etc., and unexplained expenditure as deemed income where the nature and source of investment, acquisition or expenditure, as the case may be, have not been explained or satisfactorily explained. Therefore, in these cases, the source

SANJAY KUMAR KARNANI,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

gains, nor is it income from 'other sources'\nbecause the provisions of sections 69, 69A, 69B, and 69C treat unexplained\ninvestments, unexplained money, bullion, etc., and unexplained expenditure as\ndeemed income where the nature and source of investment, acquisition or\nexpenditure, as the case may be, have not been explained or satisfactorily\nexplained. Therefore, in these cases, the source

SHRI AMBICA GARMENTS,JODHPUR vs. ACIT, CENTAL CIRCLE-3, JAIPUR

In the result, all appeals of the assessee are disposed off in terms of\nthe above observations

gains, nor is it income from 'other sources'\nbecause the provisions of sections 69, 69A, 69B, and 69C treat unexplained\ninvestments, unexplained money, bullion, etc., and unexplained expenditure as\ndeemed income where the nature and source of investment, acquisition or\nexpenditure, as the case may be, have not been explained or satisfactorily\nexplained. Therefore, in these cases, the source

M/S MORANI CARS PVT. LTD.,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, WARD-6, JAIPUR

In the result the appeal of the assessee is partly allowed

gains of Business or Profession from sales and services of cars. The assessee efiled its return of income for the Assessment Year 2011-12 on 29.09.2011 at total income of Rs. 34,40,330/-. The case of assessee selected for scrutiny under CASS. Assessment was completed u/s. 143(3) of the Act and various additions were made in the returned

ACIT, CENTRAL CIRCLE, ALWAR vs. SHRI BABU LAL DATA, 2015-16

In the result, appeal of the revenue is dismissed

2(12A) of the Act. as per which books and books of accounts includes, ledgers, day-books, cash books, account books and other books, whether kept in the written form or as print- outs of data stored in a floppy. disk, tape or any other form of electro-magnetic data storage device. Therefore, when books of accounts are clearly defined

SHRI BABU LAL DATA,ALWAR vs. DCIT, CENTRAL CIRCLE, ALWAR

In the result, appeal of the revenue is dismissed

2(12A) of the Act. as per which books and books of accounts includes, ledgers, day-books, cash books, account books and other books, whether kept in the written form or as print- outs of data stored in a floppy. disk, tape or any other form of electro-magnetic data storage device. Therefore, when books of accounts are clearly defined

SHRI BABU LAL DATA,ALWAR vs. DCIT, CENTRAL CIRCLE, ALWAR

In the result, appeal of the revenue is dismissed

2(12A) of the Act. as per which books and books of accounts includes, ledgers, day-books, cash books, account books and other books, whether kept in the written form or as print- outs of data stored in a floppy. disk, tape or any other form of electro-magnetic data storage device. Therefore, when books of accounts are clearly defined

ACIT, CENTRAL CIRCLE, ALWAR vs. SHRI BABU LAL DATA, 2015-16

In the result, appeal of the revenue is dismissed

2(12A) of the Act. as per which books and books of accounts includes, ledgers, day-books, cash books, account books and other books, whether kept in the written form or as print- outs of data stored in a floppy. disk, tape or any other form of electro-magnetic data storage device. Therefore, when books of accounts are clearly defined

SH. MAHENDRA KUMAR GOYAL,SIKAR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result of the appeal of the assessee are disposed off as under

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

271D and 271E of the Act and make a reference to the Jt. Commissioner/Addl. Commissioner. In the result this ground of appeal is adjudicated in above terms and is hereby treated as dismissed. 6. Ground of Appeal No. 3 is as under: Ground No. 3: Assessee craves the right to add, alter or amend any of the grounds of appeal

SH. MAHENDRA KUMAR GOYAL,SIKAR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result of the appeal of the assessee are disposed off as under

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, आंकड़ुठरधारी आइटीएए सं.र@ITA Nos.493, 495 to 498, 500/JP/2025 निर्धारण वर्ष@Assessment Years : 2014-15 to 2016-17, 2018-19 to 2020-21 Mahendra Kumar Goyal चुके Vs. ACIT/DCIT Ward No. 2, Shahpura Road Neem Ka Thana, Sikar Central Circle-03, Jaipur लेखा संख्याल्लेय सं.जीआइआर सं.पान@PAN/GIR No.: ACFPG0306G अपीलार्थी@Appellant प्रत्यार्थी@Respondent निर्धारीती की आर से@ Assessee by : Shri P. C. Parwal, CA राजस्व की आर से@ R

271D and 271E of the Act and make a reference to the Jt. Commissioner/Addl. Commissioner. In the result this ground of appeal is adjudicated in above terms and is hereby treated as dismissed. 6. Ground of Appeal No. 3 is as under: Ground No. 3: Assessee craves the right to add, alter or amend any of the grounds of appeal

SH. MAHENDRA KUMAR GOYAL,SIKAR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result of the appeal of the assessee are disposed off as under

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

271D and 271E of the Act and make a reference to the Jt. Commissioner/Addl. Commissioner. In the result this ground of appeal is adjudicated in above terms and is hereby treated as dismissed. 6. Ground of Appeal No. 3 is as under: Ground No. 3: Assessee craves the right to add, alter or amend any of the grounds of appeal

SH. MAHENDRA KUMAR GOYAL,SIKAR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result of the appeal of the assessee are disposed off as under

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

271D and 271E of the Act and make a reference to the Jt. Commissioner/Addl. Commissioner. In the result this ground of appeal is adjudicated in above terms and is hereby treated as dismissed. 6. Ground of Appeal No. 3 is as under: Ground No. 3: Assessee craves the right to add, alter or amend any of the grounds of appeal

SMT. NARENDRA KAUR,KOTA vs. INCOME TAX OFFICER (TDS), BUNDI

In the result, both these appeals of the assessee are allowed for statistical purposes only

Section 147 and penalty order passed U/s 271D of the Income Tax Act, 1961 (in short the Act) for the A.Y. 2006-07. The assessee has raised following grounds in these appeals: Grounds of ITA 858/JP/2018 “1. That the ld. CIT(A) grossly erred in passing the said appeal order ex parte. 2. That the ld. A.O. grossly erred