V C GRANITES,AJMER vs. DCIT CENTRAL CIRCLE AJMER, AJMER

In the result, appeal of the assessee is allowed

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

153B of the Income tax, the humble appellant submits that it is the settled position of law that for completing assessments u/s 153A or Section 153C of the Income Tax Act, there is no requirement of issuing any Notice u/s 143(2) of the Income Tax Act. Several High Courts have reiterated this legal position in numerous decisions. Decision

DCIT, AJMER vs. M/S V.C. GRANITE, AJMER

In the result, appeal of the assessee is allowed

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

153B of the Income tax, the humble appellant submits that it is the settled position of law that for completing assessments u/s 153A or Section 153C of the Income Tax Act, there is no requirement of issuing any Notice u/s 143(2) of the Income Tax Act. Several High Courts have reiterated this legal position in numerous decisions. Decision

RAJESH PRODUCTS,TONK ,RAJASTHAN vs. ACIT, JAIPUR

Appeal is dismissed

153B(1)(b) of the Income Tax Act, by ACIT, Central Circle-01, Jaipur. 2. In this appeal, the assessee has raised following grounds: - “1. That on facts and in law, the impugned search assessment order dated 29.12.2017 passed by the Ld. Assessing Officer ("AO") u/s. 143(3)/153B(1)(b) of the Income

ST. WILFRED EDUCATIONAL SOCIETY,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL) RAJASTHAN, JAIPUR

charitable education purposes and therefore the activities of the assessee society are not genuine. 10. The ld CIT DR has heavily relied on the aforesaid findings of the ld Pr.CIT. and submitted that fees have been collected in cash by the assessee society from its students and given that the same was not recorded in its books of account

ST. WILFRED EDUCATIONAL SOCIETY,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL) RAJASTHAN, JAIPUR

charitable education purposes and therefore the activities of the assessee society are not genuine. 10. The ld CIT DR has heavily relied on the aforesaid findings of the ld Pr.CIT. and submitted that fees have been collected in cash by the assessee society from its students and given that the same was not recorded in its books of account