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

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.

depreciation. (5) Where, in a scheme of amalgamation, the amalgamating company sells or otherwise transfers to the amalgamated company (being an Indian company) any asset representing expenditure of a capital nature on scientific research, — (i) the amalgamating company shall not be allowed the deduction under clause (ii) or clause (iii) of sub-section (2); and (ii) the provisions of this

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

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

35-40), and the provisions of Section 150 of the Act.\nThe assessee, while supporting the ultimate relief granted, is aggrieved\nby the directions given by the Id. CIT(A) in his order suggesting the AO\ninitiate proceedings under Section 147/148 of the Act. The assessee\ntherefore before us by preferring the present Cross-Objection to challenge\nthe directions

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

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

35-40), and the provisions of Section 150 of the Act.\nThe assessee, while supporting the ultimate relief granted, is aggrieved\nby the directions given by the Id. CIT(A) in his order suggesting the AO\ninitiate proceedings under Section 147/148 of the Act. The assessee\ntherefore before us by preferring the present Cross-Objection to challenge\nthe directions

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

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

35-40), and the provisions of Section 150 of the Act.\nThe assessee, while supporting the ultimate relief granted, is aggrieved\nby the directions given by the Id. CIT(A) in his order suggesting the AO\ninitiate proceedings under Section 147/148 of the Act. The assessee\ntherefore before us by preferring the present Cross-Objection to challenge\nthe directions

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

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

35-40), and the provisions of Section 150 of the Act.\nThe assessee, while supporting the ultimate relief granted, is aggrieved\nby the directions given by the Id. CIT(A) in his order suggesting the AO\ninitiate proceedings under Section 147/148 of the Act. The assessee\ntherefore before us by preferring the present Cross-Objection to challenge\nthe directions

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

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

35-40), and the provisions of Section 150 of the Act.\nThe assessee, while supporting the ultimate relief granted, is aggrieved\nby the directions given by the Id. CIT(A) in his order suggesting the AO\ninitiate proceedings under Section 147/148 of the Act. The assessee\ntherefore before us by preferring the present Cross-Objection to challenge\nthe directions

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

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

35-40), and the provisions of Section 150 of the Act.\nThe assessee, while supporting the ultimate relief granted, is aggrieved\nby the directions given by the Id. CIT(A) in his order suggesting the AO\ninitiate proceedings under Section 147/148 of the Act. The assessee\ntherefore before us by preferring the present Cross-Objection to challenge\nthe directions

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

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

35-40), and the provisions of Section 150 of the Act.\nThe assessee, while supporting the ultimate relief granted, is aggrieved\nby the directions given by the Id. CIT(A) in his order suggesting the AO\ninitiate proceedings under Section 147/148 of the Act. The assessee\ntherefore before us by preferring the present Cross-Objection to challenge\nthe directions

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

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

35-40), and the provisions of Section 150 of the Act.\nThe assessee, while supporting the ultimate relief granted, is aggrieved\nby the directions given by the Id. CIT(A) in his order suggesting the AO\ninitiate proceedings under Section 147/148 of the Act. The assessee\ntherefore before us by preferring the present Cross-Objection to challenge\nthe directions

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

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

35-40), and the provisions of Section 150 of the Act.\nThe assessee, while supporting the ultimate relief granted, is aggrieved\nby the directions given by the Id. CIT(A) in his order suggesting the AO\ninitiate proceedings under Section 147/148 of the Act. The assessee\ntherefore before us by preferring the present Cross-Objection to challenge\nthe directions

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

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

35-40), and the provisions of Section 150 of the Act.\nThe assessee, while supporting the ultimate relief granted, is aggrieved\nby the directions given by the Id. CIT(A) in his order suggesting the AO\ninitiate proceedings under Section 147/148 of the Act. The assessee\ntherefore before us by preferring the present Cross-Objection to challenge\nthe directions

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

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

35-40), and the provisions of Section 150 of the Act.\nThe assessee, while supporting the ultimate relief granted, is aggrieved\nby the directions given by the Id. CIT(A) in his order suggesting the AO\ninitiate proceedings under Section 147/148 of the Act. The assessee\ntherefore before us by preferring the present Cross-Objection to challenge\nthe directions

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

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

35-40), issued by the Central\nBoard of Direct Taxes “CBDT” on 23.08.2023, is an internal administrative\ndirective intended solely for operational guidance of Assessing Officers. It\nattempts to clarify the post-Abhisar Buildwell (supra) reassessment landscape,\nspecifically in situations where additions under Section 153A/153C were struck\ndown due to absence of incriminating material.\n\n2.4.ii.\nHowever, such administrative instructions

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 leasehold rights u/s 32(1)(ii) being business or commercial right acquired during the year under consideration. 5. That on the facts and in the circumstances of the case, necessary direction may be given to the A.O. to allow the claim of Deduction u/s 80-IA and 80-IC while computing book profit u/s 115JB

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

SM WORKFORCE PRIVATE LIMITED,BHIWADI vs. ITO, WARD, BHIWADI

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

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

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 fulfillment of particular conditions, would qualify as allowable deductions: failure by the assessee to comply with those conditions, would render the claim vulnerable

TAB INDIA GRANITES PRIVATE LIMITED ,JAIPUR vs. DCIT CIRCLE 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)

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 fulfillment of particular conditions, would qualify as allowable deductions: failure by the assessee to comply with those conditions, would render the claim vulnerable