JAIPAL SINGH,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, JAIPUR

money\npaid by the assessee to purchase the aforesaid flat. Since, the assessee\ncould not the source of same. Hence, same is held unexplained\ninvestment of the assessee u/s 69 of the Act and a sum of Rs.40,00,000/-\nis added back to the total income of the assessee and taxable at the rate\nof 30% as provision

JAIPAL SINGH,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, JAIPUR

money'\npaid by the assessee to purchase the aforesaid flat. Since, the assessee\ncould not the source of same. Hence, same is held unexplained\ninvestment of the assessee u/s 69 of the Act and a sum of Rs.40,00,000/-\nis added back to the total income of the assessee and taxable at the rate\nof 30% as provision

SETH BADRI PRASAD UMMEDI DEVI PAROPKARI TRUST,JAIPUR vs. INCOME TAX OFFICER (EXEMPTION), JAIPUR

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

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

charitable purposes only. 5. That the learned lower authorities failed to discharge the burden of proof which squarely lay upon them for holding the renewal of old term deposits (ie. time deposits) with bank as new one aggregating to Rs. 10.94,548/ as unexplained money of the 16 Seth Badri Prasad Ummedi Devi Paropkari Trust

JAIPAL SINGH,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, JAIPUR

money\npaid by the assessee to purchase the aforesaid flat. Since, the assessee\ncould not the source of same. Hence, same is held unexplained\ninvestment of the assessee u/s 69 of the Act and a sum of Rs.40,00,000/-\nis added back to the total income of the assessee and taxable at the rate\nof 30% as provision

LISAMMA SEBASTIAN,KOTA vs. INCOME TAX OFFICER, KOTA

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

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

unexplained money. 3 LISAMMA SEBASTIAN VS ITO, WARD 2(2), KOTA 4.3 The appellant vide letter dated 9 11 2022 has submitted that during FY 2016-17 the amount received in our bank account has been considered as income by the assessing officer when in fact the same represents amount received on behalf of goods sold made during that year

SAJJAD ALI,CHITTORGARH vs. DCIT(INTL)- JAIPUR, JAIPUR

Bench: SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

unexplained money. 2. As per the Bank statement of a/c no. 18890100017421 of Bank of Baroda, Rs.2,50,000/- has been withdrawn as cash and you are required to provide the purpose and justification." 4. The assessee filed response dated 11.03.2022, 21.03.2022, 23.03.2022 and 24.03.2022 which has been considered. The source of payment has been explained to be from sale

ARUN PALAWAT,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX, (CENTRAL),, JAIPUR

The appeal of the assessee is allowed

Bench: DR. MITHA LAL MEENA (Accountant Member), DR. S. SEETHALAKSHMI (Judicial Member)

unexplained expenditure liable to be brought to tax u/s 69C of the Income Tax Act, and is M/s Zari Silk (India) Pvt. Ltd. & Arun Palawat, Jaipur. also in receipt of money out of books liable to be brought to tax u/s 69A of the Income Tax Act, 1961 and the tax to be charged at special rate u/s 115BBE

ZARI SILK (INDIA) PRIVATE LIMITED,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL), JAIPUR , JAIPUR

The appeal of the assessee is allowed

Bench: DR. MITHA LAL MEENA (Accountant Member), DR. S. SEETHALAKSHMI (Judicial Member)

unexplained expenditure liable to be brought to tax u/s 69C of the Income Tax Act, and is M/s Zari Silk (India) Pvt. Ltd. & Arun Palawat, Jaipur. also in receipt of money out of books liable to be brought to tax u/s 69A of the Income Tax Act, 1961 and the tax to be charged at special rate u/s 115BBE

GAYATRI DEVI,JAIPUR vs. PCIT(CENTRAL), JAIPUR

In the result, this appeal of the assessee is allowed

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

Charitable Trust [1987] 31 Taxman 335 /167 ITR 129 (Raj )wherein it was held as under: 16 SMT. GAYATRI DEVI VS PR.CIT (CENTRAL), JAIPUR “The error envisaged by section 263 was not one which depended on possibility or the guess work but it should be actually an error either of fact or law. Unless the Commissioner categorically says that there

MAHESH KUMAR GUPTA,JAIPUR vs. ACIT ,CIRCLE-4, JAIPUR

In the result, appeal of the assessee is allowed

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

charitable trust, had disclosed donations received by it as its income, and claimed exemption u/s. 11. The Assessing Officer, on finding that the assessee was unable to satisfactorily explain the donations and the donors were fictitious persons, held that the assessee had tried to introduce unaccounted money in its books by way of donations and, therefore, the amount

PRATIMA PANWAR,JAIPUR vs. I.T.O, WARD 3(3), JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: Him.

Charitable Trust and MJRP University. In consideration she is drawing salary of Rs. 27500/- per month from Trust and Rs. 27,500/- from University during the financial year 2016-17. She has been filing her income tax return regularly for almost lat 15 years at PAN AKCPP2010P declaring her income of whatsoever nature, She hasfiled her ITR for the assessment

SONU DUSAD,JAIPUR vs. DCIT CENTRAL CIRCLE, 1, JAIPUR, JAIPUR

In the results, the appeal of the assessee in ITA no

Bench: This Tribunal Are As Under :

money and bringing the same to book by framing assessments against not only persons searched but other persons against whom material is found during such search. 21. The interest of justice would be served by now directing the respondents to decide the objections of the petitioner-Trust within one month from today and allow the assessee-Trust to proceed further

SONU DUSAD,JAIPUR vs. DCIT CENTRAL CIRCLE, 1, JAIPUR, JAIPUR

In the results, the appeal of the assessee in ITA no

Bench: This Tribunal Are As Under :

money and bringing the same to book by framing assessments against not only persons searched but other persons against whom material is found during such search. 21. The interest of justice would be served by now directing the respondents to decide the objections of the petitioner-Trust within one month from today and allow the assessee-Trust to proceed further

SONU DUSAD,JAIPUR vs. DCIT CENTRAL CIRCLE, 1, JAIPUR, JAIPUR

In the results, the appeal of the assessee in ITA no

Bench: This Tribunal Are As Under :

money and bringing the same to book by framing assessments against not only persons searched but other persons against whom material is found during such search. 21. The interest of justice would be served by now directing the respondents to decide the objections of the petitioner-Trust within one month from today and allow the assessee-Trust to proceed further

SONU DUSAD,JAIPUR vs. DCIT CENTRAL CIRCLE, 1, JAIPUR, JAIPUR

In the results, the appeal of the assessee in ITA no

Bench: This Tribunal Are As Under :

money and bringing the same to book by framing assessments against not only persons searched but other persons against whom material is found during such search. 21. The interest of justice would be served by now directing the respondents to decide the objections of the petitioner-Trust within one month from today and allow the assessee-Trust to proceed further

YUWAM EDUCATION PVT. LTD.,JAIPUR vs. DCIT, CIRCLE-6, JAIPUR, JAIPUR

Bench: SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

Charitable Trust [2022] 144 taxmann.com 54 (Madras)/[2023] 450 ITR 368 (Madras) [31-10-2022] x x x x Dr. S.C. Gupta vs. CIT [2001] 118 Taxman 252 (Allahabad) x x x x Bachittar Singh vs. CIT [2010] 328 ITR 400 (Punjab & Haryana] x x x x CIT v. Hotel Mariya [2010] 195 taxman 459 (Kerala

PANKAJ MANI KULSHRESHTHA,JAIPUR vs. ITO, WARD-3(5), JAIPUR

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

Bench: The Hearing.”

Charitable Trust (Gujarat High Court) R/Tax Appeal No. 1335 of 2018 Date of 11 Sh. Panka Mani Khulshrestha vs. ITO Judgement/Order: 30/07/2019 while deciding the issue under consideration if Assesseeremained absent on more than one occasions and appeal decided on merits then whether it will be called as Ex-parte order. The Hon'ble High Court states that

SONU DUSAD,JAIPUR vs. DCIT CENTRAL CIRCLE, 1, JAIPUR, JAIPUR

In the results, the appeal of the assessee in ITA no

money and bringing the same to book by framing\nassessments against not only persons searched but other persons against whom\nmaterial is found during such search.\n21. The interest of justice would be served by now directing the respondents to decide\nthe objections of the petitioner-Trust within one month from today and allow the\nassessee-Trust to proceed further