INDIRA GIRI,JAIPUR vs. ASSESSING OFFICER, INCOME TAX DEPARMENT JAIPUR

The appeal of the assessee is allowed

Bench: The Due Date Of Furnishing Itr, Therefore Deposit In Capital Gain Account For Compliance U/S 54(2) Was Impossible On The Part Of The Assessee.

vi) Subsequently, the project was completely stalled due to nationwide lockdown to contain the spread of the COVID-19 for almost two years i.e., 2019-20 and 2020-21. vii) On getting the approvals from authorities and resuming construction work post-corona, the project was finally completed in the year 2021 and the flat was registered on 08/07/2021

BECKHAUL DIGITAL TECHNOLOGIES PRIVATE LIMITED,JAIPUR vs. ITO WARD 1(1), JAIPUR , JAIPUR

In the result, all the three appeals of the assessee in ITA No

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

36(1)(va) of the Act in Section 143(1)(a). To this effect, the detailed written submission of the ld. AR of the assessee is reproduced as under:- GROUND NO. 1A: ADDITION MADE WITHOUT AFFORDING ANYOPPORTUNITY AS MANDATED IN PROVISO TO SECTION 143(1)(a). 1. SUBMISSION 1.1. The adjustment made while processing the return of income is illegal

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, KOTA, KOTA vs. CHAMBAL FERTILIZERS AND CHEMICALS LTD, KOTA

Bench: SHRI GAGAN GOYAL (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

36(1)(iii) of the Act in respect of the amounts said to have been invested in subsidiaries/group companies/associates , and to remit the matter to Learned Assessing Officer for decision afresh so as to record finding as to interest free funds available with the assessee during the assessment years under consideration, after verification of all relevant documents relied on behalf

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, KOTA, KOTA vs. CHAMBAL FERTILIZERS AND CHEMICALS LTD, KOTA

Bench: SHRI GAGAN GOYAL (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

36(1)(iii) of the Act in respect of the amounts said to have been invested in subsidiaries/group companies/associates , and to remit the matter to Learned Assessing Officer for decision afresh so as to record finding as to interest free funds available with the assessee during the assessment years under consideration, after verification of all relevant documents relied on behalf

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, KOTA, KOTA vs. CHAMBAL FERTILIZERS AND CHEMICALS LTD., KOTA

Bench: SHRI GAGAN GOYAL (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

36(1)(iii) of the Act in respect of the amounts said to have been invested in subsidiaries/group companies/associates , and to remit the matter to Learned Assessing Officer for decision afresh so as to record finding as to interest free funds available with the assessee during the assessment years under consideration, after verification of all relevant documents relied on behalf

AU SMALL FINANCE BANK LIMITED,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX, JAIPUR-1

In the result both the appeals filed by the assessee in ITA

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

capital gain. M/s. AU Small Finance Bank Limited & Avas Financiers Limited 4.4 The ld. PCIT also noticed that the provision of section 43D was not applicable in assessee's case, being NBFC. In the financial statements, NPA was not categorized and depicted as per the norms laid down in RBI's master direction i.e. into substandard assets, doubtful assets

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

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

vi) Copy of bills issued by B.\nLodha Securities Ltd Page No.23 to 24 (vii) Copy of Contract Note issued by\nCreative Financial Services Pvt. Ltd Page No.25 to 26 (viii) Copy of bills issued by\nB. Lodha Securities Ltd Page No.27 (ix) Copy of Contract Note issued by Tushar\n(India) Pvt Ltd Page No.28 (x) Copy of bills

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court