INCOME TAX OFFICER (EXEMPTION), WARD-1, JAIPUR vs. RAJASTHAN CRICKET ASSOCIATION, JAIPUR

In the result, the matter is decided in favour of the assessee and against the Revenue and the ground of appeal so taken by the assessee society is thus allowed

14. It was further submitted that the BCCI allot the international matches & ODI/T 20 matches to RCA & the AO erroneously concluded that huge money is collected & distributed by them and that the recipients of the subsidy/income from BCCI becomes business entity. He has completely failed to consider that the object of RCA is to educate, update, and inspire the state

INCOME TAX OFFICER (EXEMPTION), WARD-1, JAIPUR vs. M/S RAJASTHAN CRICEKT ASSOCIATION, JAIPUR

In the result, the matter is decided in favour of the assessee and against the Revenue and the ground of appeal so taken by the assessee society is thus allowed

14. It was further submitted that the BCCI allot the international matches & ODI/T 20 matches to RCA & the AO erroneously concluded that huge money is collected & distributed by them and that the recipients of the subsidy/income from BCCI becomes business entity. He has completely failed to consider that the object of RCA is to educate, update, and inspire the state

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 or otherwise in respect of any asset, acquisition of which has been claimed as an application of income under this section in the same or any other previous year. (7) Where a trust or an institution has been granted registration under clause (b) of sub-section (1) of section 12AA or has obtained registration at any time under section

INCOME TAX OFFICER (EXEMPTIONS), WARD, JAIPUR, JAIPUR vs. RAJASTHAN CRICKET ASSOCIATION, JAIPUR

In the result, appeal of the Department is dismissed

Bench: The Hon’Ble Tribunal In The Interest Of Justice.

depreciation of Rs.2,16,62,215/- on the assets which were claimed as application u/s. 11 at the time of purchase?" 32. The Hon’ble High Court has taken into consideration the nature of activities undertaken by the assessee society and nature of receipts being accounted for in its books of accounts in form of one day international cricket match

INCOME TAX OFFICER (EXEMPTION),WARD, JAIPUR, JAIPUR vs. RAJASTHAN CRICKET ASSOCIATION, JAIPUR

In the result, appeal of the Department is dismissed

Bench: The Hon’Ble Tribunal In The Interest Of Justice.

depreciation of Rs.2,16,62,215/- on the assets which were claimed as application u/s. 11 at the time of purchase?" 32. The Hon’ble High Court has taken into consideration the nature of activities undertaken by the assessee society and nature of receipts being accounted for in its books of accounts in form of one day international cricket match

INCOME TAX OFFICER, JAIPUR vs. RAJASTHAN CRICKET ASSOCIATION, JAIPUR

In the result, appeal of the Department is dismissed

Bench: The Hon’Ble Tribunal In The Interest Of Justice.

depreciation of Rs.2,16,62,215/- on the assets which were claimed as application u/s. 11 at the time of purchase?" 32. The Hon’ble High Court has taken into consideration the nature of activities undertaken by the assessee society and nature of receipts being accounted for in its books of accounts in form of one day international cricket match

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

14) of the Act does not come under the purview of the Income tax Act at all. In this regard it is relevant to mention here that as per explanation (1) of the section 115JB certain amounts are 3 DCIT Vs. M/s Motisons Buildtech P Ltd. required to be reduced from book profit and as per point

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SARITA DEWAN, SIKAR

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

14 would apply to all the proceedings pending in\nall the forums including before this Hon'ble Court.\n(ii) That even though the appeals of the Revenue are dismissed in respect of\nassessments passed under 153A and 153C, in the absence of\nincriminating material found during the search, in respect of such income\nwhich was found to have escaped

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. PRIYA DEWAN, SIKAR

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

14 would apply to all the proceedings pending in\nall the forums including before this Hon'ble Court.\n(ii) That even though the appeals of the Revenue are dismissed in respect of\nassessments passed under 153A and 153C, in the absence of\nincriminating material found during the search, in respect of such income\nwhich was found to have escaped

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

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

14 would apply to all the proceedings pending in\nall the forums including before this Hon'ble Court.\n(ii) That even though the appeals of the Revenue are dismissed in respect of\nassessments passed under 153A and 153C, in the absence of\nincriminating material found during the search, in respect of such income\nwhich was found to have escaped

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. VIPUL BANKA, SIKAR

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

14 would apply to all the proceedings pending in\nall the forums including before this Hon'ble Court.\n(ii) That even though the appeals of the Revenue are dismissed in respect of\nassessments passed under 153A and 153C, in the absence of\nincriminating material found during the search, in respect of such income\nwhich was found to have escaped

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. USHA BANKA, SIKAR

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

14 would apply to all the proceedings pending in\nall the forums including before this Hon'ble Court.\n(ii) That even though the appeals of the Revenue are dismissed in respect of\nassessments passed under 153A and 153C, in the absence of\nincriminating material found during the search, in respect of such income\nwhich was found to have escaped

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SARITA DEWAN, SIKAR

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

14 would apply to all the proceedings pending in\nall the forums including before this Hon'ble Court.\n(ii) That even though the appeals of the Revenue are dismissed in respect of\nassessments passed under 153A and 153C, in the absence of\nincriminating material found during the search, in respect of such income\nwhich was found to have escaped

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. TRILOK DEWAN, SIKAR

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

14 would apply to all the proceedings pending in\nall the forums including before this Hon'ble Court.\n(ii) That even though the appeals of the Revenue are dismissed in respect of\nassessments passed under 153A and 153C, in the absence of\nincriminating material found during the search, in respect of such income\nwhich was found to have escaped

DCIT, CENTRAL CIRCLE-1, JAIPUR , JAIPUR vs. USHA BANKA, SIKAR

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

14 would apply to all the proceedings pending in\nall the forums including before this Hon'ble Court.\n(ii) That even though the appeals of the Revenue are dismissed in respect of\nassessments passed under 153A and 153C, in the absence of\nincriminating material found during the search, in respect of such income\nwhich was found to have escaped

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. PRIYA DEWAN, SIKAR

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

14 would apply to all the proceedings pending in\nall the forums including before this Hon'ble Court.\n(ii) That even though the appeals of the Revenue are dismissed in respect of\nassessments passed under 153A and 153C, in the absence of\nincriminating material found during the search, in respect of such income\nwhich was found to have escaped

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SNEHLATA AGARWAL, SIKAR

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

14 would apply to all the proceedings pending in\nall the forums including before this Hon'ble Court.\n(ii) That even though the appeals of the Revenue are dismissed in respect of\nassessments passed under 153A and 153C, in the absence of\nincriminating material found during the search, in respect of such income\nwhich was found to have escaped

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. ANIMESH AGARWAL, SIKAR

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

14 would apply to all the proceedings pending in\nall the forums including before this Hon'ble Court.\n(ii) That even though the appeals of the Revenue are dismissed in respect of\nassessments passed under 153A and 153C, in the absence of\nincriminating material found during the search, in respect of such income\nwhich was found to have escaped