RAJESH KUMAR POONIA,JHUNJHUNU vs. ASSISTANT COMMISSIONER OF INCOME TAX, JHUNJHUNU

In the result, both the appeals of the assessee are allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

depreciation. The Documents available were enough to calculated the trading profit after summarization. The Assessee summarized them through the record available with IT department and Prepared complete Books of Accounts. According to Section 2(12A) of the Income Tax Act, 1961, books or books of account, include ledgers, day-books, cash books, account-books and other books, whether kept

ACIT, JAIPUR vs. JHANDEWALAS FOODS PVT. LTD., JAIPUR

In the result, ground no. 2 of revenue’s appeal is allowed for statistical purposes, ground no

section 133A does not empower any income tax authority to examine any person on oath and thus, any such statement has no evidentiary value. Further, Rajasthan High Court in case of CIT vs. Shri Roshan Lal Lodha in DBITA No. 185/2014 vide order dated 3.11.201, after following the decision of Supreme Court in case of CIT vs. S. Khader Khan

LATE SH. BHEEM SEN BATRA,JAIPUR vs. ITO, ALWAR

In the result, appeals of the assessee in ITA Nos

Depreciation on car and 15,000 Insurance Printing and Stationery 1,500 Interest Paid to Bank and Others 37,886 Vehicle Repair and Maintenance 3,000 Wages 45,000 Local conveyance 2,700 Salary 3,27,800 4. The ld. Commissioner of Income Tax (Appeals) has erred on facts and in law in confirming the adhoc disallowance

LATE SH. BHEEM SEN BATRA,JAIPUR vs. ITO, ALWAR

In the result, appeals of the assessee in ITA Nos

Depreciation on car and 15,000 Insurance Printing and Stationery 1,500 Interest Paid to Bank and Others 37,886 Vehicle Repair and Maintenance 3,000 Wages 45,000 Local conveyance 2,700 Salary 3,27,800 4. The ld. Commissioner of Income Tax (Appeals) has erred on facts and in law in confirming the adhoc disallowance

LATE SH. BHIM SEN BATRA L/H SH. HIMANSHU BATRA,ALWAR vs. ITO, ALWAR

In the result, appeals of the assessee in ITA Nos

Depreciation on car and 15,000 Insurance Printing and Stationery 1,500 Interest Paid to Bank and Others 37,886 Vehicle Repair and Maintenance 3,000 Wages 45,000 Local conveyance 2,700 Salary 3,27,800 4. The ld. Commissioner of Income Tax (Appeals) has erred on facts and in law in confirming the adhoc disallowance

M/S RAJASTHAN RAJYA VIDYUT PRASARAN NIGAM LTD.,VIDYUT BHAWAN, JAN PATH, JYOTI NAGAR, JAIPUR vs. DCIT, CIRCLE-6, , JAIPUR

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

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

depreciation as on 31.03.2015 is to the extent of Rs.2034.40 crore. Providing financial help by the Government to these companies also cannot be a reason for not allowing the claim of bad debt. 5. The claim of bad debts is allowable u/s 36(1)(vii) which reads as under:- “subject to the provisions of sub-section (2), the amount

M/S. GURU KRIPA CAREER INSTITUTE PVT. LTD.,SIKAR vs. PR.CIT-3, JAIPUR

In the result, appeal of the assessee is allowed

133A and thereafter assessment proceedings under section 143(3) of the Act where its books of accounts were examined not just once but twice by the departmental authorities and accepted after considering the surrendered amount except for certain additions as made under section 143(3) of the Act. 12. From the record we found that the AO has made sufficient

AKSH OPTIFIBRE LIMITED,NEW DELHI vs. ACIT, CIRCLE - 2, ALWAR

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

133A, unearthed discrepancies in the\nbooks of account, in relation to amounts of money in MRPL's account. The specific\namount admitted was 15.072 crores, in the course of the statement recorded.\n(iii) The warrant was in the name of MRPI. The directors of MRPL and MIPL made a\ncombined statement under Section

DCIT, JAIPUR vs. AMRAPALI JEWELS PVT. LTD. , JAIPUR

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

Bench: Him.

section 69B of the Act. This section reads as under:- "Amount of investments, etc., not fully disclosed in books of account. Amrapali Jewels Pvt. Ltd. vs. ACIT 69B. Where in any financial year the assessee has made investments or is found to be the owner of any bullion, jewellery or other valuable article, and the Assessing Officer finds that

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

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

section 115BBE is not applicable. Reliance in this connection is placed on the following decisions:- Smt. Rekha Shekhawat Vs. PCIT (2022) 218 DTR 161 (Jaipur) (Trib.) In view of the fact that the unrecorded trade advances and cash in hand admitted during the course of survey u/s 133A emanated from and related to the real estate business carried

ACIT, CENTRAL CIRCLE-3, JAIPUR vs. LAXMI NARAIN AGARWAL, JAIPUR

In the result, for the assessment years 2009-10 and 2010-11

depreciation and interest. (iv) The appellant craves its rights to add, amend or alter any of the grounds on or before the hearing.” Shri Laxmi Narain Agarwal Vs. ACIT 2. Ground No. 1 of assessee appeal is regarding validity of reassessment of income without any incriminating material found or seized during the search. The ld. AR of the assessee

LAXMI NARAIN AGARWAL,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR

In the result, for the assessment years 2009-10 and 2010-11

depreciation and interest. (iv) The appellant craves its rights to add, amend or alter any of the grounds on or before the hearing.” Shri Laxmi Narain Agarwal Vs. ACIT 2. Ground No. 1 of assessee appeal is regarding validity of reassessment of income without any incriminating material found or seized during the search. The ld. AR of the assessee

ACIT, CENTRAL CIRCLE-3, JAIPUR vs. LAXMI NARAIN AGARWAL, JAIPUR

In the result, for the assessment years 2009-10 and 2010-11

depreciation and interest. (iv) The appellant craves its rights to add, amend or alter any of the grounds on or before the hearing.” Shri Laxmi Narain Agarwal Vs. ACIT 2. Ground No. 1 of assessee appeal is regarding validity of reassessment of income without any incriminating material found or seized during the search. The ld. AR of the assessee

LAXMI NARAIN AGARWAL,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR

In the result, for the assessment years 2009-10 and 2010-11

depreciation and interest. (iv) The appellant craves its rights to add, amend or alter any of the grounds on or before the hearing.” Shri Laxmi Narain Agarwal Vs. ACIT 2. Ground No. 1 of assessee appeal is regarding validity of reassessment of income without any incriminating material found or seized during the search. The ld. AR of the assessee

LAXMI NARAIN AGARWAL,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR

In the result, for the assessment years 2009-10 and 2010-11

depreciation and interest. (iv) The appellant craves its rights to add, amend or alter any of the grounds on or before the hearing.” Shri Laxmi Narain Agarwal Vs. ACIT 2. Ground No. 1 of assessee appeal is regarding validity of reassessment of income without any incriminating material found or seized during the search. The ld. AR of the assessee

LAXMI NARAIN AGARWAL,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR

In the result, for the assessment years 2009-10 and 2010-11

depreciation and interest. (iv) The appellant craves its rights to add, amend or alter any of the grounds on or before the hearing.” Shri Laxmi Narain Agarwal Vs. ACIT 2. Ground No. 1 of assessee appeal is regarding validity of reassessment of income without any incriminating material found or seized during the search. The ld. AR of the assessee

SHREE CEMENT LIMITED,BEAWAR vs. NATIONAL FACELESS ASSESSMENT CENTRE, DELHI

In the result, the appeal of the Revenue in ITA No

Bench: or at the time of hearing of this appeal.

Section 80IA(8), the word "OR" is missing in provisions of Section 80A(6) of the ACIT vs. Shree Cement Ltd. Act. It is noted that as per provisions of Section 80A(6), if any goods or services whether sold or acquired falls within the category specified domestic transactions of Section 92BA then in such case it is mandatory

SHREE CEMENT LIMITED,BEAWAR vs. NATIONAL FACELESS ASSESSMENT CENTRE, DEPUTY COMMISSIONEROF INCOME TAX, CIRCLE -2, AJMER, AJMER

In the result, the appeal of the Revenue in ITA No

Bench: or at the time of hearing of this appeal.

Section 80IA(8), the word "OR" is missing in provisions of Section 80A(6) of the ACIT vs. Shree Cement Ltd. Act. It is noted that as per provisions of Section 80A(6), if any goods or services whether sold or acquired falls within the category specified domestic transactions of Section 92BA then in such case it is mandatory