PROFESSIONAL AUTOMOTIVES PRIVATE LIMITED,JAMMU vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, JAIPUR

In the result the appeal of the assessee in ITA no

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, आयकर अपील /ITA Nos.809 to 815/JP/2025 निर्धारण वर्ष /Assessment Years :2013-14 to 2019-20 Professional Automotives Pvt. बनाम ACIT, Ltd. Bahu Plaza, Bahu Plaza, Jammu Vs. Central Circle- 1, and Kashmir Jaipur स्थायी लेखा सं./जी.आई.आर. सं./PAN/GIR No.:AAACP9608E अपीलार्थी/Appellant प्र]त्यर्थी/Respondent निर्धारिती की ओर से / Assessee by :Shri Tarun Mittal, CA राजस्व की ओर से /Revenue by: Shri Ajey Malik, CIT (Th. V.C)

1A) revealcorrect state of affairs and retraction has to be ignored." In view of the above discussion the addition made in the assessment order is liable to be confirmed. Without prejudice:- Professional Automotives Private Limited vs. ACIT (iv) In order to verify the contention of the appellant, that the expenses debited under the head "Toll & Trip Expenses", are allowable

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, JAIPUR vs. MOTISONS BUILDTECH PVT. LTD., JAIPUR

In the result, the appeal of the revenue is dismissed

depreciation, unabsorbed allowance, etc. Ordinarily these deductions are permissible in view of the provisions introduced in the statute by the Parliament and the Parliament is equally competent to take away or restrict or limit such allowances for a definite purpose." 5.3 Thus, the legislature never intended to bring tax in such events which otherwise are not taxable at all under

SHRI NEERAJ PUROHIT,JAIPUR vs. JOINT COMMISSIONER OF INCOME TAX, JAIPUR

In the result, the appeal of the assessee is allowed

1A)] of section 272BB or] [sub-section (1) of section 272BBB or] clause (b) of sub-section (1) or clause (b) or clause (c) of sub- section (2) of section 273, no penalty shall be imposable on the person or the assessee, as the case may be, for any failure referred to in the said provisions if he proves that

M/S BALAJI CONSTRUCTION,AJMER vs. ACIT, CIRCLE-2, AJMER

In the result the appeal of the assessee is allowed

depreciation claim @ 15 % and difference amount was added as income of the assessee. Since, this order is passed under section 154 of the Act it is appropriate to extract the provision of section 154 of the Act which states that ; Rectification of mistake. 154. (1) With a view to rectifying any mistake apparent from the record an income- tax authority

RAJASTHAN STATE MINES & MINERALS LTD.,JAIPUR vs. ACIT, JAIPUR

In the result, appeal of the Revenue is partly allowed for statistical purpose

depreciate with the extraction of mineral, in our view, is preposterous. In our view, with passage of 12 ITA No. 253/JP/2015 along with 13 other appeals. M/s Rajasthan State Mines & Minerals Ltd. guidelines for protecting the environment, now it is the duty of the lesser/ assessee to submit and execute the mine closing plan so as to ensure that

SHREE CEMENT LIMITED,BANGUR NAGAR vs. ACIT, CENTRAL CIRCLE, AJMER

In the result, the appeal of the assessee - appellant in ITA No

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

depreciation on said rights. Hon'ble ITAT has referred that facts are similar to the facts for AY 2015-16 and the issue has been decided in favour of assessee in the very same order. It is pertinent to mention here this issue for AY 2015-16 was decided in view of the fact that identical issue has already been

M/S KISHANGARH HI TECH TEXTILE PARK LTD.,KISHANGARH vs. ASSISTANT COMMISSIONER OF INCOME TAX (TECH), AJMER

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

Section 43(1) is not applicable. Further M/s Kishangarh Hi Tech Textile Park Ltd. reliance was placed on the decisions in case of Sasisri Extractions vs. ACIT 122 ITD 428 (Vizag), Inventaa Chemical Ltd vs CIT 42 SOT 249 (Hyd) and Sohan Electroplast Pvt. Ltd. vs. ITO 1578/PN/2008 (Pune). 5. It was further submitted that the appellant had claimed depreciation

M/S KISHANGARH HI TECH TEXTILE PARK LTD.,KISHANGARH vs. ASSISTANT COMMISSIONER OF INCOME TAX (TECH), AJMER

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

Section 43(1) is not applicable. Further M/s Kishangarh Hi Tech Textile Park Ltd. reliance was placed on the decisions in case of Sasisri Extractions vs. ACIT 122 ITD 428 (Vizag), Inventaa Chemical Ltd vs CIT 42 SOT 249 (Hyd) and Sohan Electroplast Pvt. Ltd. vs. ITO 1578/PN/2008 (Pune). 5. It was further submitted that the appellant had claimed depreciation

M/S KISHANGARH HI TECH TEXTILE PARK LTD.,KISHANGARH vs. ASSISTANT COMMISSIONER OF INCOME TAX (TECH), AJMER

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

Section 43(1) is not applicable. Further M/s Kishangarh Hi Tech Textile Park Ltd. reliance was placed on the decisions in case of Sasisri Extractions vs. ACIT 122 ITD 428 (Vizag), Inventaa Chemical Ltd vs CIT 42 SOT 249 (Hyd) and Sohan Electroplast Pvt. Ltd. vs. ITO 1578/PN/2008 (Pune). 5. It was further submitted that the appellant had claimed depreciation

M/S KISHANGARH HI TECH TEXTILE PARK LTD.,KISHANGARH vs. ASSISTANT COMMISSIONER OF INCOME TAX (TECH), AJMER

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

Section 43(1) is not applicable. Further M/s Kishangarh Hi Tech Textile Park Ltd. reliance was placed on the decisions in case of Sasisri Extractions vs. ACIT 122 ITD 428 (Vizag), Inventaa Chemical Ltd vs CIT 42 SOT 249 (Hyd) and Sohan Electroplast Pvt. Ltd. vs. ITO 1578/PN/2008 (Pune). 5. It was further submitted that the appellant had claimed depreciation

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.

depreciation @25% on such leasehold rights in accordance with the provision of section 32(1)(ii) of the Act. Ergo we decide accordingly, and the additional ground no. 1 raised by the assessee is allowed. 62. Ground No. 6 (Additional Ground no. 2) of the assessee’s appeal raised by the ld. A/R of the assessee is in relation

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.

depreciation @25% on such leasehold rights in accordance with the provision of section 32(1)(ii) of the Act. Ergo we decide accordingly, and the additional ground no. 1 raised by the assessee is allowed. 62. Ground No. 6 (Additional Ground no. 2) of the assessee’s appeal raised by the ld. A/R of the assessee is in relation

ADITYA CEMENT,BEHROR vs. ITO, BEHROR

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

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

depreciation. Finally, it filed ITR on 26.09.2013 declaring total income of Rs.30,00,650/- During assessment proceedings, the assessee filed a revised computation including the surrendered amount under the head “Income from business & profession” and explaining that there being no column in the ITR to show “Surrendered business income”, it had shown the same under the head “Income from other

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

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

Section 147/148 of the Act. The assessee\ntherefore before us by preferring the present Cross-Objection to challenge\nthe directions and to raise other legal and factual grounds in support of the\ndeletion of the addition. Record reveals that Id. CIT(A) vide page 36 while\ndealing with the appeal of the assessee has issued direction

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOTA vs. NISHA JAIN, KOTA

In the result, the appeal of the Revenue is dismissed with no orders as to cost

Bench: SHRI SANDEEP GOSAIN (Judicial Member), DR MITHA LAL MEENA (Accountant Member)

1A) to section 131 was inserted by the Taxation Laws (Amendment) Act, 1975, w.e.f. 01.10.1975. Therefore, when survey has been carried out u/s 133(A), there is pendency of proceedings and hence the AO can record statement on oath u/s 131(1) r.w.s 133A(3)(iii) in as much as such statement may be useful for or relevant

AMAN GOYAL,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-4, JAIPUR

In the result, appeal of the assessee is allowed

Bench: HON’BLE SHRI SANDEEP GOSAIN (Judicial Member)

depreciation on such asset were to be allowed accordingly, and on these grounds penalty of Rs. 7,81,660/- was levied vide order dated 01.02.2022. Aggrieved by the said order, assessee preferred appeal before the ld. CIT (A) and the ld. CIT (A) dismissed the appeal of the assessee by holding that since the assessee had not contested the assessment

ACIT(EXEMPTION), JAIPUR vs. MAHIMA SHIKSHA SAMITI, JAIPUR

In the result, all the grounds taken by the Revenue are dismissed and ground taken by the assessee society is allowed

depreciation as application of income. 4. The first question that arises in the present appeal is the entitlement of the assessee society to exemption under section 11 of the Act. The relevant provisions which govern the exemption under section 11, are contained in section 2(15), 11, 12 ,12A, 12AA read with section 13 of the Act. 5. Section

OCEAN EXIM INDIA PRIVATE LTD,JAIPUR vs. ITO WARD 1(2), JAIPUR

In the result, the appeal of the assessee is dismissed

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

1A), (1B) and (IC) have been inserted in section 143 to provide that — a) the Board may make a scheme with a view to expeditiously determine the tax payable by, or refund due to, the assessee; b) the Central Government may issue a notification in the Official Gazette, directing that any of the provisions of Act relating to processing