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, 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 (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

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. 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. 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. 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. 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. 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. 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. 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

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

Bench: The Date Of Hearing.”

depreciation) to Rs.3,89,19.099/-in AY 2017-18 and then transferring the majority shareholding to a company & an Individual from where share capital and share premium has flown in on the basis of Asset Based method. The authenticity of the credits share capital and share premium has not been established.” 7. Based on the submission and discussion

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