RATAN TAXTILES P. LTD.,JAIPUR vs. DCIT, JAIPUR

In the result, all the appeals of the assessee are allowed and the

section 145(3) are invoked.” Grounds of revenue’s appeal in ITA No. 595/JP/2016. “1. Whether on the facts and in the circumstances of the case and in law, the CIT(A) has erred in restricting the disallowance of stipend expenses @ 20% as against 75% applied by the A.O. ITA 527 & 595/JP/2016 with Ors. 5 appeals_ 6 M/s Ratan Textiles

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

In the result, appeal of the revenue is dismissed

disallowance out of interest paid on borrowed funds to Rs. 22,45,000/- as against that of Rs. 55,92,19,845/- made by AO since the decision of ld. CIT (A) is not in conformity with the ratio laid down by the Hon’ble Punjab & Haryana High Court in the case of CIT vs. Abhishek Industries

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

disallowance out of interest paid on borrowed funds to Rs. 22,45,000/- as against that of Rs. 55,92,19,845/- made by AO since the decision of ld. CIT (A) is not in conformity with the ratio laid down by the Hon’ble Punjab & Haryana High Court in the case of CIT vs. Abhishek Industries

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

In the result, appeal of the revenue is dismissed

disallowance out of interest paid on borrowed funds to Rs. 22,45,000/- as against that of Rs. 55,92,19,845/- made by AO since the decision of ld. CIT (A) is not in conformity with the ratio laid down by the Hon’ble Punjab & Haryana High Court in the case of CIT vs. Abhishek Industries

AHLUWALIA ERECTORS & FABRICATORS PRIVATE LIMITED, KOTA,KOTA vs. DCIT/ACIT CIR-2, KOTA, KOTA

In the result the appeal of\nthe assessee in ITA no 199/JP/2025 is allowed for statistical purposes

section has been enacted to enforce that taxes and Government dues are\nactually paid when the same is claimed as expenditure, including in respect of\nassessee who maintain accounts on mercantile basis. The AO has disallowed\nthe amount by noting that Government dues have remained unpaid hence the\nsame was disallowed. On the other hand the appellant has applied

AHLUWALIA ERECTORS & FABRICATORS PRIVATE LIMITED, KOTA,KOTA vs. DCIT/ACIT CIR-2, KOTA

In the result the appeal of\nthe assessee in ITA no 199/JP/2025 is allowed for statistical purposes

section has been enacted to enforce that taxes and Government dues are\nactually paid when the same is claimed as expenditure, including in respect of\nassessee who maintain accounts on mercantile basis. The AO has disallowed\nthe amount by noting that Government dues have remained unpaid hence the\nsame was disallowed. On the other hand the appellant has applied

AHLUWALIA ERECTORS & FABRICATORS PRIVATE LIMITED,KOTA vs. DCIT/ACIT CIR-2, KOTA

In the result the appeal of\nthe assessee in ITA no 199/JP/2025 is allowed for statistical purposes

section has been enacted to enforce that taxes and Government dues are\nactually paid when the same is claimed as expenditure, including in respect of\nassessee who maintain accounts on mercantile basis. The AO has disallowed\nthe amount by noting that Government dues have remained unpaid hence the\nsame was disallowed. On the other hand the appellant has applied

ACIT, CIRCLE, BHARATPUR vs. M/S. JAGDAMBE STONE COMPANY, BHARATPUR

In the result, this appeal of the Revenue is dismissed

Bench: Shri Sandeep Gosain, Jm & Shri Vikram Singh Yadav, Am

disallowance, U/S 194C and 40(a)(ia) would get attracted. On this aspect, as indicated above a reading of provisions of Section 194C (6), prior to the amendment of by Finance Act, 2015 (w.e.f. 1- 06-2015), makes it clear that that during the relevant Assessment year, if the sub- contractors have supplied their PAN to the person making payments

RAJASTHAN STATE TEXT BOOK BOARD,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTION)-CIRCLE, JAIPUR

In the result, both the appeals of the assessee are allowed

Bench: Or At The Time Of Hearing.”

22) of the Act was omitted Rajasthan State text Book Board vs. ACIT(E) from the statute books and new provisions of Section 10(23C)(iiiab) of the Act was inserted. The Assessing Officer while passing the assessment orders for these two assessment years has also not disputed the status of the assessee being educational institution existing solely for educational

ZUBERI ENGINEERING COMPANY,JAIPUR vs. DCIT, JAIPUR

In the result, all the three appeals of the assessee are partly allowed and that of revenue’s cross appeal is dismissed

disallowance made U/s 40(a)(ia) of the Act is deleted. 16.1 As regards the disallowance sustained by the ld. CIT(A), we find merits in the alternative plea of the ld AR that the amendment brought into the provisions of Section 40(a)(ia) of the Act by the Finance Act, 2015 has been held as remedial in nature

ZUBERI ENGINEERING COMPANY,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2, JAIPUR

In the result, all the three appeals of the assessee are partly allowed and that of revenue’s cross appeal is dismissed

disallowance made U/s 40(a)(ia) of the Act is deleted. 16.1 As regards the disallowance sustained by the ld. CIT(A), we find merits in the alternative plea of the ld AR that the amendment brought into the provisions of Section 40(a)(ia) of the Act by the Finance Act, 2015 has been held as remedial in nature

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, JAIPUR vs. ZUBERI ENGINEERING COMPANY, JAIPUR

In the result, all the three appeals of the assessee are partly allowed and that of revenue’s cross appeal is dismissed

disallowance made U/s 40(a)(ia) of the Act is deleted. 16.1 As regards the disallowance sustained by the ld. CIT(A), we find merits in the alternative plea of the ld AR that the amendment brought into the provisions of Section 40(a)(ia) of the Act by the Finance Act, 2015 has been held as remedial in nature

ZUBERI ENGINEERING COMPANY,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2, JAIPUR

In the result, all the three appeals of the assessee are partly allowed and that of revenue’s cross appeal is dismissed

disallowance made U/s 40(a)(ia) of the Act is deleted. 16.1 As regards the disallowance sustained by the ld. CIT(A), we find merits in the alternative plea of the ld AR that the amendment brought into the provisions of Section 40(a)(ia) of the Act by the Finance Act, 2015 has been held as remedial in nature

GIRNAR SOFTWARE PRIVATE LIMITED,6TH FLOOR, JAIPUR TEXTILE MARKET, B-2, NEAR MODEL TOWN, MALVIYA NAGAR, JAIPUR vs. PCIT – 2, JAIPUR, NEW CENTRAL REVENUE BUILDING

In the result, the appeal of the assessee is allowed

Bench: HON’BLE SHRI SANDEEP GOSAIN, JM & HON’BLE SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

disallowance is warranted under section 14A of the Act. The view of the AO is duly supported by the decisions of Hon’ble High Courts and Tribunals relied upon by the assessee. SLP filed by the revenue in this regard against the decisions of Hon’ble High Courts have been 22

DEEPAK VEGPRO (P) LTD.,ALWAR vs. ACIT, ALWAR

disallowance of deduction under section 80IA claimed on the profits of the Wind Mills.” ITA No. 110/JP/14 3. In ground No.1 of assessee’s appeal, the assessee has challenged the action of ld CIT(A) in confirming the addition of Rs 70 lacs under section 2(22

CAREER POINT LIMITED,KOTA, RAJASTHAN vs. PRINCIPAL COMMISSIONER OF INCOME TAX, UDAIPUR, RAJASTHAN

In the result, the appeal of the assessee is allowed

Bench: HON’BLE SHRI SANDEEP GOSAIN, JM & HON’BLE SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

22 Career Point Limited, Kota. free funds out of which concerned investments had been made, disallowance under Section 14A is not justified

SMT. MANJU GUPTA,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-4, JAIPUR

In the result, the ground of the assessee's appeal is allowed

section 2(22)(e) of the Act during the A.Y. 2014-15.” Grounds of ITA No. 824/JP/2019 A.Y. 2014-15. “ 1. On the facts & circumstances of the case Ld. Lower Authorities grossly erred in making and confirming addition of Rs 58,78,803/- in hands of assessee company, despite of this fact that assessee company is not the shareholder

M/S SKYWAYS TOWNSHIP PVT LTD. 1/2 LIC FLATS, VIDYADHAR NAGAR, SECTOR-6, JAIPUR,JAIPUR vs. DCIT CIRCLE-4, JAIPUR, JAIPUR

In the result, the ground of the assessee's appeal is allowed

section 2(22)(e) of the Act during the A.Y. 2014-15.” Grounds of ITA No. 824/JP/2019 A.Y. 2014-15. “ 1. On the facts & circumstances of the case Ld. Lower Authorities grossly erred in making and confirming addition of Rs 58,78,803/- in hands of assessee company, despite of this fact that assessee company is not the shareholder

M/S SKYWAYS TOWNSHIP PVT. LTD.,JAIPUR vs. INCOME TAX OFFICER, WARD-4-2, JAIPUR

In the result, the ground of the assessee's appeal is allowed

section 2(22)(e) of the Act during the A.Y. 2014-15.” Grounds of ITA No. 824/JP/2019 A.Y. 2014-15. “ 1. On the facts & circumstances of the case Ld. Lower Authorities grossly erred in making and confirming addition of Rs 58,78,803/- in hands of assessee company, despite of this fact that assessee company is not the shareholder