M/S. RAJASTHAN CRICKET ASSOCIATION,JAIPUR vs. ADD.CIT. RANGE-2, 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

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 ITO Vs. Rajasthan Cricket Association. books of accounts in form

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

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 ITO Vs. Rajasthan Cricket Association. books of accounts in form

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

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 ITO Vs. Rajasthan Cricket Association. books of accounts in form

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

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. 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. 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. 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. 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. 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. 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

MAHAVEER YADAV,JAIPUR vs. ITO, JAIPUR

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

iii) and consequently any gain on sale of this land is not liable for tax. 2. The jamabandi is at PB 21-27. The land was used for agricultural purposes as is evident from the Khasra Girdawari at PB 28. For better realisation of his ancestral land, he sold the same after dividing it into 34 plots. A total

SHRI KALYAN BUILDMART PVT. LTD,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX-2, JAIPUR, JAIPUR

Bench: The Date Of Hearing.”

14 Shri Kalyan Buildmart Pvt. Ltd., Jaipur vs. Pr. CIT-2, Jaipur (ii) Further, it is not verifiable whether the amount of share capital and share premium received by the company from its share holders are from disclosed sources and whether this money had been assessed to tax before being invested in the assesse company. (iii) Thus, it is observed

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\npending in all the forums including before this Hon'ble Court.\n\n(ii) That even though the appeals of the Revenue are dismissed in\nrespect of assessments 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

DCIT, JAIPUR vs. RAJASTHAN COOPERATIVE DAIRY FEDERATION LTD, JAIPUR

In the result the appeal of the revenue in ITA No

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

iii) MarvwanjeeCama Park Cooperative Housing Society Ltd. Vs. ITORange-20(2)(2), Mumbai (ITA No. 6139/Mum/2014, dated 27.09.2017. We further find that the Hon'ble High Court of Karnataka in the case of Pr. Commissioner of Income Tax and Anr. Vs. Totagars Cooperative Sale Society (2017) 392 ITR 74 (Karn) and Hon"ble High Court of Gujarat in the case