SHRI VIKRAM SINGH SHEKHAWAT,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE, SIKAR

In the result, the appeals filed by the assessee in ITA No

depreciation—Mistake that is proposed to be rectified is dependent on the question whether the machinery used for production of safety razor blades can be said to be part of "Iron & Steel Industry" and can come within category (b) mentioned hereinafter—This requires interpretation of the expression "other machinery and plant"—This is surely a question which requires, firstly

SHRI DHARMENDRA KUMAR PAREEK,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2, JAIPUR

In the result, appeal of the assessee is allowed

201 ITR 442 (Raj.) wherein the Hon’ble High Court has held as under :- “Land is a capital asset in terms of section 2(14) of the Act and, in accordance with the scheme of the Act, it is treated as a separate asset. Even for the purpose of section 32, a building which is entitled for depreciation

RAJ KUMAR KANDOI,JAIPUR vs. ACIT CENTRAL CIRCLE 3, JAIPUR, JAIPUR

In the result, the appeal of the assessee stands allowed with no orders as to costs

depreciation [section 32(2)]. (iv) Any other expenditure (not being a capital expenditure) expended wholly and exclusively for the purpose of earning of such income. 8 RAJ KUMAR KANDOI VS ACIT, CIRCLE-3, JAIPUR The case of the assessee is covered in point no. (iv). Hence the addition made by the AO deserves to be deleted. Clauses

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

M/S. CHAMBAL FERTILIZERS AND CHEMICALS LIMITED,KOTA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, KOTA

In the result, appeal of the revenue is dismissed

section 32 of the Act as per prescribed rate of depreciation so provided in the Income tax Rules on such anicut facility in light of decision of the Hon’ble Supreme Court referred supra. 13 ITA NO. 201

CHAMBAL FERTILISERS AND CHEMICALS LIMITED,KOTA vs. DCIT, KOTA

In the result, appeal of the revenue is dismissed

section 32 of the Act as per prescribed rate of depreciation so provided in the Income tax Rules on such anicut facility in light of decision of the Hon’ble Supreme Court referred supra. 13 ITA NO. 201

CHAMBAL FERTILISERS AND CHEMICALS LIMITED,KOTA vs. ACIT, KOTA

In the result, appeal of the revenue is dismissed

section 32 of the Act as per prescribed rate of depreciation so provided in the Income tax Rules on such anicut facility in light of decision of the Hon’ble Supreme Court referred supra. 13 ITA NO. 201

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

DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-3, JAIPUR vs. SAPNA KARNANI, TONK PHATAK

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

Section 153A/153C\nwere struck down due to absence of incriminating material. This administrative\ninstructions are not binding on quasi-judicial authorities like the CIT(A). It is a\nsettled principle of law, as held by the Hon'ble Supreme Court in UCO Bank v.\nCIT [(1999) 237 ITR 889 (SC)] (CLC 41-49), that CBDT circulars or instructions\ncannot override

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

In the result, appeal of the assessee is allowed

depreciation on computer and furniture and vehicle running expenses, advertisement expenses v) Abnormal increase in Cash in hand post survey vi) Outstanding liabilities in sundry creditors for advertisement and rent expenses and staff payable vii) Alleged non-verification of construction in building and non-reconciliation of trial balance viii) Alleged non-application of provisions of section 68 to 69D read

ACIT, KOTA vs. SHIV AGREVO LTD., BARAN

In the result, appeal of the revenue is partly allowed

201 Taxman 304 (P&H)]. The word expansion is not different from extension of business and therefore the interest expenditure, on the utilization of borrowed funds for the 10 ACIT, Kota vs. M/s Shiv Agrevo Ltd., Baran acquisition of new assets, from the date of its acquisition till the date when the asset

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

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

201 (SC). As further observed in that case:\n\"Does the duty, however, extend beyond the full and truthful disclosure of all\nprimary facts? In our opinion, the answer to this question must be in the\nnegative, Once all the primary facts are before the assessing authority, he\nrequires no further assistance by way of disclosure

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

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

201 (SC). As further observed in that case:\n\"Does the duty, however, extend beyond the full and truthful disclosure of all\nprimary facts? In our opinion, the answer to this question must be in the\nnegative. Once all the primary facts are before the assessing authority, he\nrequires no further assistance by way of disclosure

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

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

201 (SC). As further observed in that case:\n\"Does the duty, however, extend beyond the full and truthful disclosure of all\nprimary facts? In our opinion, the answer to this question must be in the\nnegative, Once all the primary facts are before the assessing authority, he\nrequires no further assistance by way of disclosure

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

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

201 (SC). As further observed in that case:\n\"Does the duty, however, extend beyond the full and truthful disclosure of all\nprimary facts? In our opinion, the answer to this question must be in the\nnegative, Once all the primary facts are before the assessing authority, he\nrequires no further assistance by way of disclosure

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

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

201 (SC). As further observed in that case:\n\"Does the duty, however, extend beyond the full and truthful disclosure of all\nprimary facts? In our opinion, the answer to this question must be in the\nnegative. Once all the primary facts are before the assessing authority, he\nrequires no further assistance by way of disclosure

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

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

201 (SC). As further observed in that case:\n\"Does the duty, however, extend beyond the full and truthful disclosure of all\nprimary facts? In our opinion, the answer to this question must be in the\nnegative, Once all the primary facts are before the assessing authority, he\nrequires no further assistance by way of disclosure

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

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

201 (SC). As further observed in that case:\n\n\"Does the duty, however, extend beyond the full and truthful disclosure of all\nprimary facts? In our opinion, the answer to this question must be in the\nnegative, Once all the primary facts are before the assessing authority, he\nrequires no further assistance by way of disclosure