BRAND INDIA REAL ESTATE PRIVATE LIMITED,JAIPUR vs. INCOME TAX OFFICER WARD 6(1), JAIPUR

In the result, appeal of the assessee is allowed

depreciation on CPP was\nallowed by the AO while framing the assessment under Section 143(3) after conscious\nconsideration of the material on record. It is not even the case of the Revenue that the formation\nof the belief regarding the escapement of the assessment by the AO is based on any new material\ncoming on record. Apparently, the formation

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

nature of clarification or Explanation to sub-section (1). Sub-section (2) makes it clear that the embargo of period of limitation lifted under sub-section (1) for proposed reassessments based on order in proceedings under appeal, reference or revision, as the case may be, would not apply to assessments which have attained finality due to bar of limitation applicable

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)

nature of clarification or Explanation to sub-section (1). Sub-section (2) makes it clear that the embargo of period of limitation lifted under sub-section (1) for proposed reassessments based on order in proceedings under appeal, reference or revision, as the case may be, would not apply to assessments which have attained finality due to bar of limitation applicable

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)

nature of clarification or Explanation to sub-section (1). Sub-section (2) makes it clear that the embargo of period of limitation lifted under sub-section (1) for proposed reassessments based on order in proceedings under appeal, reference or revision, as the case may be, would not apply to assessments which have attained finality due to bar of limitation applicable

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)

nature of clarification or Explanation to sub-section (1). Sub-section (2) makes it clear that the embargo of period of limitation lifted under sub-section (1) for proposed reassessments based on order in proceedings under appeal, reference or revision, as the case may be, would not apply to assessments which have attained finality due to bar of limitation applicable

DCIT, EXEMPTIONS, CIRCLE, JAIPUR, JAIPUR vs. URBAN IMPROVEMENT TRUST, KOTA

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

natural justice\n3. Under the facts and the circumstances of the case and in law, the Ld. CIT(A) has\nerred in not providing the benefit u/s 11 and 12 of the Act to Appellant.\n4. Under the facts and circumstances of the case and in law, the Ld. CIT (A) has\nerred in not allowing the benefit of application

URBAN IMPROVEMENT TRUST (NOW KOTA DEVELOPMENT AUTHORITY),KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

natural justice\n3. Under the facts and the circumstances of the case and in law, the Ld. CIT(A) has\nerred in not providing the benefit u/s 11 and 12 of the Act to Appellant.\n4. Under the facts and circumstances of the case and in law, the Ld. CIT (A) has\nerred in not allowing the benefit of application

DCIT, EXEMPTIONS, CIRCLE, JAIPUR, JAIPUR vs. URBAN IMPROVEMENT TRUST, KOTA

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

natural justice\n3. Under the facts and the circumstances of the case and in law, the Ld. CIT(A) has\nerred in not providing the benefit u/s 11 and 12 of the Act to Appellant.\n4. Under the facts and circumstances of the case and in law, the Ld. CIT (A) has\nerred in not allowing the benefit of application

URBAN IMPROVEMENT TRUST,KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

natural justice\n3. Under the facts and the circumstances of the case and in law, the Ld. CIT(A) has\nerred in not providing the benefit u/s 11 and 12 of the Act to Appellant.\n4. Under the facts and circumstances of the case and in law, the Ld. CIT (A) has\nerred in not allowing the benefit of application

URBAN IMPROVEMENT TRUST,KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

natural justice\n3. Under the facts and the circumstances of the case and in law, the Ld. CIT(A) has\nerred in not providing the benefit u/s 11 and 12 of the Act to Appellant.\n4. Under the facts and circumstances of the case and in law, the Ld. CIT (A) has\nerred in not allowing the benefit of application

DCIT, EXEMPTIONS, CIRCLE, JAIPUR, JAIPUR vs. URBAN IMPROVEMENT TRUST, KOTA

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

natural justice\n3. Under the facts and the circumstances of the case and in law, the Ld. CIT(A) has\nerred in not providing the benefit u/s 11 and 12 of the Act to Appellant.\n4. Under the facts and circumstances of the case and in law, the Ld. CIT (A) has\nerred in not allowing the benefit of application

ACIT, EXEMPTIONS, CIRCLE , JAIPUR, JAIPUR vs. URBAN IMPROVEMENT TRUST, KOTA

In the result, the assessee’s income is found to be not chargeable under the Income Tax Act at all and the AO is directed to delete the additions made, irrespective of the head of income

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyalacit, Exemption, Circle, Jaipur ...... Appellant Vs.

natural justice 3. Under the facts and the circumstances of the case and in law, the Ld. CIT(A) has erred in not providing the benefit u/s 11 and 12 of the Act to Appellant. 4. Under the facts and circumstances of the case and in law, the Ld. CIT (A) has erred in not allowing the benefit of application

URBAN IMPROVEMENT TRUST (NOW KOTA DEVELOPMENT AUTHORITY),KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee’s income is found to be not chargeable under the Income Tax Act at all and the AO is directed to delete the additions made, irrespective of the head of income

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyalacit, Exemption, Circle, Jaipur ...... Appellant Vs.

natural justice 3. Under the facts and the circumstances of the case and in law, the Ld. CIT(A) has erred in not providing the benefit u/s 11 and 12 of the Act to Appellant. 4. Under the facts and circumstances of the case and in law, the Ld. CIT (A) has erred in not allowing the benefit of application

URBAN IMPROVEMENT TRUST,KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

natural justice\n3. Under the facts and the circumstances of the case and in law, the Ld. CIT(A) has\nerred in not providing the benefit u/s 11 and 12 of the Act to Appellant.\n4. Under the facts and circumstances of the case and in law, the Ld. CIT (A) has\nerred in not allowing the benefit of application

URBAN IMPROVEMENT TRUST (NOW KOTA DEVELOPMENT AUTHORITY),KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

natural justice\n3. Under the facts and the circumstances of the case and in law, the Ld. CIT(A) has\nerred in not providing the benefit u/s 11 and 12 of the Act to Appellant.\n4. Under the facts and circumstances of the case and in law, the Ld. CIT (A) has\nerred in not allowing the benefit of application

DCIT, EXEMPTIONS, CIRCLE, JAIPUR, JAIPUR vs. URBAN IMPROVEMENT TRUST, KOTA

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

natural justice\n3. Under the facts and the circumstances of the case and in law, the Ld. CIT(A) has\nerred in not providing the benefit u/s 11 and 12 of the Act to Appellant.\n4. Under the facts and circumstances of the case and in law, the Ld. CIT (A) has\nerred in not allowing the benefit of application

URBAN IMPROVEMENT TRUST,KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

natural justice\n3. Under the facts and the circumstances of the case and in law, the Ld. CIT(A) has\nerred in not providing the benefit u/s 11 and 12 of the Act to Appellant.\n4. Under the facts and circumstances of the case and in law, the Ld. CIT (A) has\nerred in not allowing the benefit of application

DINESSH KUMAR SHARMA,JAIPUR vs. ITO, WARD4(2), JAIPUR

In the result, appeal of the assessee is allowed

justice. Further, the ld. Assessing Officer did not grant sufficient time to\nrespond to show cause notice issued under section 144 of the Act.\n\n4. That the ld. Assessing Officer grossly erred in law and on facts in not appreciating\nthat the appellant incurred only short term capital loss, which was not even claimed\nwhile filing return of income