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)

32- 37, on the other hand, deal primarily with business, commercial or professional expenditure, under various heads (including depreciation). Each of these deductions, has its contours, depending upon the expressions used, and the conditions that are to be met. It is therefore necessary to bear in mind that specific enumeration of deductions, dependent upon fulfilment of particular conditions, would qualify

SANJIV PRAKASHAN,JAIPUR vs. ACIT, CIRCLE-1, JAIPUR

In the result, the appeal of the assessee is dismissed

ii) an incorrect claim, if such incorrect claim is apparent from\nany information in the return;\n(iii) disallowance of loss claimed, if return of the previous year\nforwhich set off of loss is claimed was furnished beyond the due\ndate specified under sub-section (1) of section 139;\n(iv) disallowance of expenditure [or increase in income]\nindicated

COMPUCOM SOFTWARE LIMITED,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-VI, JAIPUR

In the result, the appeal of the assessee is disposed off in light of aforesaid directions

depreciation under section 32(1)(ii) and additional depreciation under section 32(1)(iia) of the Act during the course

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

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

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

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

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

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

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

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

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

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

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

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

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

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

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

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

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

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

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

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

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

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

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

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

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

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

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

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

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

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

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

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

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n“2. Having gone through the averments made in the application and the prayers, we\nare of the opinion that the prayers sought can be said to be in the form of\nreview which requires detail consideration at length looking into the\nimportance of the matter. Therefore

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

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

32-34) dismissed\nthe Revenue's Misc. Application by observing as under:\n\n\"2. Having gone through the averments made in the application and the\nprayers, we are of the opinion that the prayers sought can be said to be in\nthe form of review which requires detail consideration at length looking\ninto the importance of the matter. Therefore

RASHLEELA ENTERPRISES PRIVATE LIMITED, JAIPUR,JAIPUR vs. ACIT CEN CIR 3, JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyalrashleela Enterprises Pvt. Ltd., C-5, Krishna Balram, Calgiri Road, Malviya Nagar, Jaipur 302017. Pan No.: Aadcr2594J ...... Appellant Vs.

32 for the same or any other previous year in respect of that asset; (v) where the asset mentioned in clause (ii)] is used in the business after it ceases to be used for scientific research related to that business, depreciation shall be admissible under clause (ii) of sub-section (1

RAJESH MOTORS (CARS) PRIVATE LIMITED,JAIPUR vs. ITO WD 5(1), JAIPUR, JAIPUR

In the result, appeals of the above mentioned assessee's are dismissed

32 - 37,\non the other hand, deal primarily with business, commercial or professional expenditure,\nunder various heads (including depreciation). Each of these deductions, has its contours,\ndependenting upon the expressions used, and the conditions that are to be met. It is therefore\nnecessary to bear in mind that specific enumeration of deductions, dependent upon\nfulfillment of particular conditions, would qualify

TELECRATS INDIA PRIVATE LIMITED,JAIPUR vs. ITO WARD 1(1), JAIPUR , JAIPUR

In the result, all the three appeals of the assessee in ITA No

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

ii) of the Act. It is further held that the insertion of the words, "increase in income in section 143(1)(a)(iv) w.e.f. 01.04.2021 will have no impact on such disallowance. Similar decisions have been rendered by other Hon'ble Tribunals also as in the case of Ms.Nalina Dyave Gowda Vs Assistant Director of Income Tax in ITA No.685/Bang/2022

TELECRATS INDIA PRIVATE LIMITED,JAIPUR vs. ITO WARD 1(1), JAIPUR, JAIPUR

In the result, all the three appeals of the assessee in ITA No

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

ii) of the Act. It is further held that the insertion of the words, "increase in income in section 143(1)(a)(iv) w.e.f. 01.04.2021 will have no impact on such disallowance. Similar decisions have been rendered by other Hon'ble Tribunals also as in the case of Ms.Nalina Dyave Gowda Vs Assistant Director of Income Tax in ITA No.685/Bang/2022