M/S READY ROTI INDIA PVT. LTD.,F-28, RIICO INDUSTRIAL AREA, SARE KHURD, ALWAR vs. CPC, BANGALORE/ ACIT/DCIT, CIRCLE-6, JAIPUR, JAIPUR

In the result, appeals of the assessee are dismissed

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

220/- which was processed U/s 143(1) of the IT Act and in terms of intimation issued by CPC, it made disallowance of Rs. 1,21,09,240/- towards employee’s contribution towards ESI and PF. On appeal, the ld. CIT(A)/ NFAC has confirmed the disallowance made U/s 143(1) on account of assessee’s failure

SUNIL CHABLANI,AJMER, RAJASTHAN vs. CIRCLE (INTL TAX), JAIPUR, JAIPUR, RAJASTHAN

220\n19,29,791\n2016-17 (5,96,200) 264\n6,14,267\n2017-18 (2,10,000)\n2,10,000\n39,27,473\nCapital Gain in FY 2018-\n19\n15,39,545\nDeductions/s 54 (Property\nPurchased in 28 May 2018\nRs.38,20,000/-\n15,39,545\nNIL\nDRP\nLong Term Capital Gain\nNe\nD\nDRP.1. Ne\nariat.\n3.4 However

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, KOTA, KOTA vs. CHAMBAL FERTILIZERS AND CHEMICALS LTD., KOTA

Bench: SHRI GAGAN GOYAL (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

2,91,76,220/- made by the Assessing Officer by disallowing of expenses of long service award benefits and resettlement allowance. o8 ITA No. 1090, 1097 TO 1099 & 1091/JPR/2024 Chambal Fertilizers and Chemicals Ltd., Kota Disallowance of expenses incurred exempt income u/s 14A of the Act Department has also challenged, deletion of addition of Rs. 4,357/- made

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, KOTA, KOTA vs. CHAMBAL FERTILIZERS AND CHEMICALS LTD, KOTA

Bench: SHRI GAGAN GOYAL (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

2,91,76,220/- made by the Assessing Officer by disallowing of expenses of long service award benefits and resettlement allowance. o8 ITA No. 1090, 1097 TO 1099 & 1091/JPR/2024 Chambal Fertilizers and Chemicals Ltd., Kota Disallowance of expenses incurred exempt income u/s 14A of the Act Department has also challenged, deletion of addition of Rs. 4,357/- made

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, KOTA, KOTA vs. CHAMBAL FERTILIZERS AND CHEMICALS LTD, KOTA

Bench: SHRI GAGAN GOYAL (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

2,91,76,220/- made by the Assessing Officer by disallowing of expenses of long service award benefits and resettlement allowance. o8 ITA No. 1090, 1097 TO 1099 & 1091/JPR/2024 Chambal Fertilizers and Chemicals Ltd., Kota Disallowance of expenses incurred exempt income u/s 14A of the Act Department has also challenged, deletion of addition of Rs. 4,357/- made

INCOME TAX OFFICER, WARD-1(2), JAIPUR, JAIPUR vs. MUKESH KUMAR SONI, JAIPUR

In the result appeal of the revenue is dismissed and the cross

Bench: Moving Towards The Facts Of The Case We Would Like To Mention

220 CTR 629 (Raj High court) l) Manoj Surgical Ind Vs. ACIT (2010) 42 DTR(Ind) (trib) 81 m) ITO Vs B Investment and Trading (2011) 59 DTR (mum Trib) 345. n) CIT v Jet Airways (I) Ltd. (2011) 331 ITR 236 (Bom) (HC).(AY.1999-2000) The effect of s. 147 as it now stands after the amendment

DCIT, CIRCLE-6, JAIPUR, NCRB, JAIPUR vs. BARMER LIGNITE MINING COMPANY LIMITED, UDYOG BHAWAN, JAIPUR

Appeals of the assessee are allowed for statistical purposes in view of our detailed order (supra)

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyal

disallowed it will be detrimental to the interest of the assessee, as he has to pay undue taxes on notional income. Further, with this action of revenue will distort the picture of revenue earned by the assessee alongwith losing the character of being true and fair. 14. In contradistinction to this fact even if it is a assumed

DCIT, CIRCLE 6, JAIPUR, NCRB, JPR vs. BARMER LIGNITE MINING COMPANY LIMITED, UDYOG BHAWAN JAIPUR

Appeals of the assessee are allowed for statistical purposes in view of our detailed order (supra)

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyal

disallowed it will be detrimental to the interest of the assessee, as he has to pay undue taxes on notional income. Further, with this action of revenue will distort the picture of revenue earned by the assessee alongwith losing the character of being true and fair. 14. In contradistinction to this fact even if it is a assumed

BARMER LIGNITE MINING CO. LTD.,C-SCHEME, JAIPUR vs. DCIT, CIRCLE-6, JAIPUR, JAIPUR

Appeals of the assessee are allowed for statistical purposes in view of our detailed order (supra)

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyal

disallowed it will be detrimental to the interest of the assessee, as he has to pay undue taxes on notional income. Further, with this action of revenue will distort the picture of revenue earned by the assessee alongwith losing the character of being true and fair. 14. In contradistinction to this fact even if it is a assumed

BARMER LIGNITE MINING CO. LTD.,C-SCHEME, JAIPUR vs. DCIT, CIRCLE-6, JAIPUR, JAIPUR

Appeals of the assessee are allowed for statistical purposes in view of our detailed order (supra)

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyal

disallowed it will be detrimental to the interest of the assessee, as he has to pay undue taxes on notional income. Further, with this action of revenue will distort the picture of revenue earned by the assessee alongwith losing the character of being true and fair. 14. In contradistinction to this fact even if it is a assumed

DCIT, CIRCLE-6 JAIPUR, NCRB, JAIPUR vs. BARMER LIGNITE MINING COMPANY LIMITED, UDYOG BHAWAN, TILAK NAGAR JPR

Appeals of the assessee are allowed for statistical purposes in view of our detailed order (supra)

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyal

disallowed it will be detrimental to the interest of the assessee, as he has to pay undue taxes on notional income. Further, with this action of revenue will distort the picture of revenue earned by the assessee alongwith losing the character of being true and fair. 14. In contradistinction to this fact even if it is a assumed

BARMER LIGNITE MINING CO. LTD.,C-SCHEME, JAIPUR vs. DCIT, CIRCLE-6, JAIPUR, JAIPUR

Appeals of the assessee are allowed for statistical purposes in view of our detailed order (supra)

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyal

disallowed it will be detrimental to the interest of the assessee, as he has to pay undue taxes on notional income. Further, with this action of revenue will distort the picture of revenue earned by the assessee alongwith losing the character of being true and fair. 14. In contradistinction to this fact even if it is a assumed

DCIT, CIRCLE-6, JAIPUR, NCRB, JAIPUR vs. BARMER LIGNITE MINING COMPANY LIMITED, UDYOG BHAWAN, JAIPUR

Appeals of the assessee are allowed for statistical purposes in view of our detailed order (supra)

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyal

disallowed it will be detrimental to the interest of the assessee, as he has to pay undue taxes on notional income. Further, with this action of revenue will distort the picture of revenue earned by the assessee alongwith losing the character of being true and fair. 14. In contradistinction to this fact even if it is a assumed

BARMER LIGNITE MINING CO. LTD.,C-SCHEME, JAIPUR vs. DCIT, CIRCLE-6, JAIPUR

disallowed it will be\ndetrimental to the interest of the assessee, as he has to pay undue taxes on\nnotional income. Further, with this action of revenue will distort the picture of\nrevenue earned by the assessee alongwith losing the character of being true and\nfair.\n14.\nIn contradistinction to this fact even if it is a assumed

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, KOTA, KOTA vs. CHAMBAL FERTILIZERS AND CHEMICALS LTD., KOTA

2 of section 37(1), the entire amount\nof CSR expenses has already been added back by the assessment itself in\n020\nITA No. 1090, 1097 TO 1099 & 1091/JPR/2024\nChambal Fertilizers and Chemicals Ltd., Kota\nthe computation of the total income, and as such, disallowance of the said\namount resulted in double disallowance.\nIn the course of arguments

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, KOTA, KOTA vs. CHAMBAL FERTILIZERS AND CHEMICALS LTD, KOTA

2 of section 37(1), the entire amount\nof CSR expenses has already been added back by the assessment itself in\n020\nITA No. 1090, 1097 ΤΟ 1099 & 1091/JPR/2024\nChambal Fertilizers and Chemicals Ltd., Kota\nthe computation of the total income, and as such, disallowance of the said\namount resulted in double disallowance.\nIn the course of arguments

SHRI SATISH CHANDRA KATTA,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, JAIPUR

220 (SC), it was held that Entries in\nloose papers/ sheets are irrelevant and inadmissible as evidence. Such loose papers\nare not “books of account” and the entries therein are not sufficient to charge a\nperson with liability. Even if books of account are regularly kept in the ordinary\ncourse of business, the entries therein shall not alone be sufficient

RASHLEELA ENTERPRISES PRIVATE LIMITED,JAIPUR vs. THE PCIT (CENTRAL), JAIPUR

In the result, the appeal of the assessee is allowed

disallowance under clause (ii) of Rule 8D(2) of the Rules.”\nMadras High Court in the case of The Commissioner of Income tax vs.\nShriram Ownership Trust vide TCA no. 242 of 2018 dated 08.12.2020\nwherein it was held as under by the hon'ble court:\n\"2.The following substantial questions of law have been framed for\nconsideration of this