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

747/- should be allowed. 2. That the Ld. Commissioner of Income Tax, Circle-2, Kota erred in disallowing interest of Rs. 35,92,45,372/- in respect of borrowed funds alleged to be taken for investment made in the subsidiaries and the Ld. Commissioner of Income Tax (Appeals), Kota further erred in partially confirming the disallowance of interest

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

In the result, appeal of the revenue is dismissed

747/- should be allowed. 2. That the Ld. Commissioner of Income Tax, Circle-2, Kota erred in disallowing interest of Rs. 35,92,45,372/- in respect of borrowed funds alleged to be taken for investment made in the subsidiaries and the Ld. Commissioner of Income Tax (Appeals), Kota further erred in partially confirming the disallowance of interest

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

In the result, appeal of the revenue is dismissed

747/- should be allowed. 2. That the Ld. Commissioner of Income Tax, Circle-2, Kota erred in disallowing interest of Rs. 35,92,45,372/- in respect of borrowed funds alleged to be taken for investment made in the subsidiaries and the Ld. Commissioner of Income Tax (Appeals), Kota further erred in partially confirming the disallowance of interest

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

SATYA NARAYAN SHARMA,JAIPUR vs. ACIT, JAIPUR

In the result, the ground no

section 145(3) are in respect to the job work only and no doubts were created in respect to sales made. The yearwise break-up of the total receipts for A.Y. 2008-09 to A.Y. 2011-12 is tabulated as under: Asst. Contract receipts Job charges receipts Sales (Rs) Year

ANUSHA FINVEST PVT LTD ,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 1, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

Section 147. From the aforesaid notings of the AO in the reasons recorded it is clear that the AO was not sure as to whether income escaped the assessment. Since the word probably has been used, and there was no application of his own mind by the AO who depended only on the information received from the Investigation Wing

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOTA vs. NISHA JAIN, KOTA

In the result, the appeal of the Revenue is dismissed with no orders as to cost

Bench: SHRI SANDEEP GOSAIN (Judicial Member), DR MITHA LAL MEENA (Accountant Member)

747 1,89,860 Desing & 9 15,99,288 8,01,126 7,98,162 Graphics 12 Flex Printing 14,33,311 7,55,569 6,77,742 News Papers 14 1,08,339 51,874 56,465 &periodicals 15 Office Exp 8,39,122 4,76,717 3,62,405 Printing

PINK CITY JEWEL HOUSE PRIVATE LIMITED ,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL), JAIPUR

Depreciation of Rs. 77,85,895/-. Totaling Rs 81,58,486/- [PB 200-201]. 1.6. That the assessee Company's DTA Unit (Mahapura) rented the building and machinery situated at Mahapura, Jaipur [PB 387-393] which was earlier owned by PinckcityColourstones Pvt. Ltd. during the F.Y. 2011-12 relevant to AY 2012-13 and started its own domestic Operations being

M/S. VAIBHAV GLOBAL (GEMS) LTD.,JAIPUR vs. ACIT, CIRCLE-5, JAIPUR

In the result, appeals for the A

Depreciation has been claimed on building constructed-44bn rented land. Please justify. 11 ITA 1346 to 1348/JP/2019_ M/s Vaibhav Global Ltd. Vs ACIT 4. Name & add. with PAN of all the shareholders from whom paid up share capital, share application money and share premium amount received during the year. The same details may also be filed in respect

M/S. VAIBHAV GLOBAL (GEMS) LTD.,JAIPUR vs. ACIT, CIRCLE-5, JAIPUR

In the result, appeals for the A

Depreciation has been claimed on building constructed-44bn rented land. Please justify. 11 ITA 1346 to 1348/JP/2019_ M/s Vaibhav Global Ltd. Vs ACIT 4. Name & add. with PAN of all the shareholders from whom paid up share capital, share application money and share premium amount received during the year. The same details may also be filed in respect

M/S. VAIBHAV GLOBAL (GEMS) LTD.,JAIPUR vs. ACIT, CIRCLE-5, JAIPUR

In the result, appeals for the A

Depreciation has been claimed on building constructed-44bn rented land. Please justify. 11 ITA 1346 to 1348/JP/2019_ M/s Vaibhav Global Ltd. Vs ACIT 4. Name & add. with PAN of all the shareholders from whom paid up share capital, share application money and share premium amount received during the year. The same details may also be filed in respect

ACIT, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. CHANDRA MOHAN BADAYA, JAIPUR

In the result the four appeals filed by the assessee stands

Bench: Him In The Case Of The Assessee For All These Four Assessment Year.

747/- was added as undisclosed commission income. 19 (f) On the similar Pen drive image of a per sheet found, wherein the details of money received and paid recorded in the name of Mr. Kailash Ji and Mr. Pawan. On these page transaction of Rs. 4,55,84,774/- was found to be recorded and the same was added

ACIT, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. CHANDRA MOHAN BADAYA, JAIPUR

In the result the four appeals filed by the assessee stands

Bench: Him In The Case Of The Assessee For All These Four Assessment Year.

747/- was added as undisclosed commission income. 19 (f) On the similar Pen drive image of a per sheet found, wherein the details of money received and paid recorded in the name of Mr. Kailash Ji and Mr. Pawan. On these page transaction of Rs. 4,55,84,774/- was found to be recorded and the same was added

CHANDRA MOHAN BADAYA,JAIPUR vs. DCIT, CENTRAL CIRCLE-2, JAIPUR

In the result the four appeals filed by the assessee stands

Bench: Him In The Case Of The Assessee For All These Four Assessment Year.

747/- was added as undisclosed commission income. 19 (f) On the similar Pen drive image of a per sheet found, wherein the details of money received and paid recorded in the name of Mr. Kailash Ji and Mr. Pawan. On these page transaction of Rs. 4,55,84,774/- was found to be recorded and the same was added

ACIT, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. CHANDRA MOHAN BADAYA, JAIPUR

In the result the four appeals filed by the assessee stands

Bench: Him In The Case Of The Assessee For All These Four Assessment Year.

747/- was added as undisclosed commission income. 19 (f) On the similar Pen drive image of a per sheet found, wherein the details of money received and paid recorded in the name of Mr. Kailash Ji and Mr. Pawan. On these page transaction of Rs. 4,55,84,774/- was found to be recorded and the same was added

ACIT, CC-2, JAIPUR, INCOME TAX DEPARTMENT vs. CHANDRA MOHAN BADAYA, JAIPUR

In the result the four appeals filed by the assessee stands

Bench: Him In The Case Of The Assessee For All These Four Assessment Year.

747/- was added as undisclosed commission income. 19 (f) On the similar Pen drive image of a per sheet found, wherein the details of money received and paid recorded in the name of Mr. Kailash Ji and Mr. Pawan. On these page transaction of Rs. 4,55,84,774/- was found to be recorded and the same was added