DCIT,C-7, JAIPUR vs. BHARAT MOHAN RATURI, JAIPUR

In the result, the appeal of the Department is dismissed and that of the C

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM vk;djvihy la-@ITA No. 413/JP/2022 fu/kZkj.ko"kZ@AssessmentYear :2013-14 The DCIT Circle-7 Jaipur cuke Vs. Shri Bharat Mohan Raturi 161, Indira Colony, Bani Park Jaipur 302 015 (Raj) LFkk;hys[kk la-@thvkbZvkj la-@PAN/GIR No.: AANPR 7066G vihykFkhZ@Appellant izR;FkhZ@Respondent CO No. 2/JP/2023 (Arising out of vk;djvihy la-@ITA No. 413/JP/2022 ) fu/kZkj.ko"kZ@AssessmentYear :2013-14 Shri Bharat Mohan Raturi 161, Indira

capital gain being charged to income-tax as income of the 33 DCIT, CIRCLE-7, JAIPUR VS BHARAT MOHAN RATURI previous year in which the transfer took place, it shall be dealt with in accordance with the following provisions of this section

LAL CHAND MEENA ,JAIPUR vs. ITO, WARD 7-3, JAIPUR

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

gain tax. Section 50C was introduced to deal with the unaccounted money generated by under-reporting of sale price. 7.5 Thus, section 50C was introduced to deal with unaccounted money generated by underreporting of the sale price. In sec. 45(3), where a partner contributed his capital asset to the firm, the amount recorded in the books is deemed

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

33,62,810/-.\n2. Scrutiny and Reopening Proceedings:\ni.\nThe case was selected for scrutiny under CASS.\nii.\nA notice under Section 143(2) was issued on 28-07-2016 and duly served.\n3. Business Background and Investment in Shares:\ni.\nThe assessee is an individual and drew salary from AmitRishabH.Builder\nPvt. Ltd. and also deriving income from capital gain

MAHAVEER YADAV,JAIPUR vs. ITO, JAIPUR

In the result, the appeal of the assessee is partly allowed for statistical purposes

capital gains tax. It has also been contended that the deduction towards the cost of land has not been allowed while determining the income under the head profit and gains from business. 11. Briefly stated, the facts of case are that basis receipt of the AIR information, the Assessing Officer observed that there is a cash deposit

SMT. RENU JAIN,NEW DELHI vs. ITO, WARD 5(2), JAIPUR

In the result, the matter is decided in favour of the assessee and against the Revenue and the sole ground of appeal is allowed

33 taxmann.com 38/215 Taxman 154 (Punj. & Har.) : 8. A Division Bench of the Gauhati High Court in a case reported as CIT v. Rajesh Kumar Jalan : [2006] 286 ITR 274, held that only Section 139 of the Act is mentioned in Section 54(2) of the Act in the context that the unutilized portion of the capital gain

SITA DEVI AGARWAL,JAIPUR vs. ITO, WD-4(1), JAIPUR

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

section 68 or not. In the case of NR Portfolio, it was held that the genuineness and credibility are deeper and obtrusive. Similarly, the bank statements provided by the assessee to prove the genuineness of the transactions cannot be considered in view of the judgment of Hon'ble court in the case of Pratham Telecom India Pvt Ltd, wherein

SHRI ARNAV GOYAL,JAIPUR vs. ITO, WARD-2(4), JAIPUR

In the result, the appeal of the assessee is allowed

Bench: Hon’ble SHRI SANDEEP GOSAIN (Judicial Member)

33,482/- made by the AO for which the ld. AR filed the following written submission. Ground-wise submission is as under: Ground of Appeal No. 1 to 1.6 and 2: In all these grounds of appeal, assessee has challenged the action of ld. CIT(A) in confirming addition of Rs.31,70,080/- made by ld.AO

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

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

33,36,321/- declared by the appellant in this connection you are requested to furnish following evidences/copy of impugned seized documents or loose papers, if any (i) Copies of seized or impounded material (document or loose papers), if any, wherein cash payment, if any, made by the appellant for obtaining the long term capital gain is recorded or reflected

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

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

33,36,321/- declared by the appellant in this connection you are requested to furnish following evidences/copy of impugned seized documents or loose papers, if any (i) Copies of seized or impounded material (document or loose papers), if any, wherein cash payment, if any, made by the appellant for obtaining the long term capital gain is recorded or reflected

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

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

33,36,321/- declared by the appellant in this connection you are requested to furnish following evidences/copy of impugned seized documents or loose papers, if any (i) Copies of seized or impounded material (document or loose papers), if any, wherein cash payment, if any, made by the appellant for obtaining the long term capital gain is recorded or reflected

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

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

33,36,321/- declared by the appellant in this connection you are requested to furnish following evidences/copy of impugned seized documents or loose papers, if any (i) Copies of seized or impounded material (document or loose papers), if any, wherein cash payment, if any, made by the appellant for obtaining the long term capital gain is recorded or reflected

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

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

33,36,321/- declared by the appellant in this connection you are requested to furnish following evidences/copy of impugned seized documents or loose papers, if any (i) Copies of seized or impounded material (document or loose papers), if any, wherein cash payment, if any, made by the appellant for obtaining the long term capital gain is recorded or reflected

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

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

33,36,321/- declared by the appellant in this connection you are requested to furnish following evidences/copy of impugned seized documents or loose papers, if any (i) Copies of seized or impounded material (document or loose papers), if any, wherein cash payment, if any, made by the appellant for obtaining the long term capital gain is recorded or reflected

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

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

33,36,321/- declared by the appellant in this connection you are requested to furnish following evidences/copy of impugned seized documents or loose papers, if any (i) Copies of seized or impounded material (document or loose papers), if any, wherein cash payment, if any, made by the appellant for obtaining the long term capital gain is recorded or reflected

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

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

33,36,321/- declared by the appellant in this connection you are requested to furnish following evidences/copy of impugned seized documents or loose papers, if any (i) Copies of seized or impounded material (document or loose papers), if any, wherein cash payment, if any, made by the appellant for obtaining the long term capital gain is recorded or reflected

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

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

33,36,321/- declared by the appellant in this connection you are requested to furnish following evidences/copy of impugned seized documents or loose papers, if any (i) Copies of seized or impounded material (document or loose papers), if any, wherein cash payment, if any, made by the appellant for obtaining the long term capital gain is recorded or reflected

NIRMAL KUMAR AGRAWAL,JAIPUR vs. DCIT, CIRCLE - 4 , JAIPUR

In the result, the appeal of the assessee is allowed

33,740 70,39,711/- 81-86 month of March 2013 Capital Gain 15,72,409/- 58-62 Offered in IDS At this juncture, reliance is placed on decision of Hon’ble Apex court in the case of Killick Nixon Ltd., Mumbai vs Deputy Commissioner Of Income Tax, wherein it has been held as under: “As far as the provisions

SHRI ASHNUTH GOYAL,JAIPUR vs. ACIT, WARD -1(3), JAIPUR

In the result, the appeal of the assessee is allowed

Bench: Him. Thus, The Addition Of Rs. 30,04,864/- So Uphold Deserves To Be Deleted. Shri Ashnuth Goyal Vs Acit, Ward 1(3), Jaipur

33-34)] for Rs.1,87,500/-, which were sold during the year for consideration of Rs.31,92,364/-[on Nov.- Dec., 2014 (APB 38- 40)] after holding the same for more than twelve months. Accordingly, Long term capital gain of Rs.30,04,864/- earned from the sale of such shares was declared in the return of income filed. As shares