M/S RAJASTHAN STATE INDUSTRIAL DEVELOPMENT & INVESTMENT CORPORATION LTD.,JAIPUR vs. DCIT, CIRCLE-6, JAIPUR, JAIPUR

In the result, both the appeals of the assessee are allowed as indicated\nhereinabove

disallowance represent concealment\nof income and thus imposed penalty u/s 271(1)(c).\n\n2. From the above facts it is abundantly clear that the AO did not specify as to under which\nlimb of sec. 271(1)(c) the assessee is required to explain his case. In the notice issued u/s\n274 read with sec. 271(1)(c), penalty

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

In the result, appeal of the revenue is dismissed

section 36(1)(iii) of the Act as under:- S. MF Investment Redemption Dividend Interest No Days Income Disallowed In INR Date In INR Date 1 Birla Sunlife 50,000,000 23-Jun-11 50,000,000 28-Jun-11 44,587.39 5 61,643.84 15-Apr-11 2 Reliance

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

In the result, appeal of the revenue is dismissed

section 36(1)(iii) of the Act as under:- S. MF Investment Redemption Dividend Interest No Days Income Disallowed In INR Date In INR Date 1 Birla Sunlife 50,000,000 23-Jun-11 50,000,000 28-Jun-11 44,587.39 5 61,643.84 15-Apr-11 2 Reliance

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

section 36(1)(iii) of the Act as under:- S. MF Investment Redemption Dividend Interest No Days Income Disallowed In INR Date In INR Date 1 Birla Sunlife 50,000,000 23-Jun-11 50,000,000 28-Jun-11 44,587.39 5 61,643.84 15-Apr-11 2 Reliance

SHRI MADHOPUR KRAYA VIKRAYA SAHKARI SAMITI LIMITED,SHRIMADHOPUR vs. INCOME TAX OFFICER, NEEM KA THANA, NEEM KA THANA

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)

1. On the facts and circumstances of the case and in law also Ld. CIT(A)-2, Coimbatore grossly erred in remanding back the matter for reconsideration & fresh assessment to income tax Officer without having any power for remanding back the issue. 2. On the facts and circumstances of the case and in law also ld. A.O. grossly erred

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

disallowing or making an addition on such issue or subject matter. It is settled proposition of law as held in the series of decisions, some of which has been relied upon by the ld AR of the assessee and cited (supra) that the ld. CIT(A) while exercising its power for enhancement U/s 251 of the Act cannot bring

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

disallowing or making an addition on such issue or subject matter. It is settled proposition of law as held in the series of decisions, some of which has been relied upon by the ld AR of the assessee and cited (supra) that the ld. CIT(A) while exercising its power for enhancement U/s 251 of the Act cannot bring

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

disallowing or making an addition on such issue or subject matter. It is settled proposition of law as held in the series of decisions, some of which has been relied upon by the ld AR of the assessee and cited (supra) that the ld. CIT(A) while exercising its power for enhancement U/s 251 of the Act cannot bring

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

disallowing or making an addition on such issue or subject matter. It is settled proposition of law as held in the series of decisions, some of which has been relied upon by the ld AR of the assessee and cited (supra) that the ld. CIT(A) while exercising its power for enhancement U/s 251 of the Act cannot bring

PROFESSINOAL SOFTEC PVT. LTD.,JAIPUR vs. ACIT, C-6, JAIPUR

Appeals are allowed in terms of our observations recorded hereinabove

disallowed under section 43B read with section 36(1)(va) of the Act in view of the binding decisions of the Hon’ble Rajasthan High Court.” 6. In the instant case, admittedly and undisputedly, the employees’ contribution to ESI and PF collected by the assessee from its employees have been deposited well before the due date of filing of return

HITESHI ENTERPRISES PRIVATE LIMITED,AJMER vs. ASST DIRECTOR CPC, BANGLORE

Appeals are allowed in terms of our observations recorded hereinabove

disallowed under section 43B read with section 36(1)(va) of the Act in view of the binding decisions of the Hon’ble Rajasthan High Court.” 6. In the instant case, admittedly and undisputedly, the employees’ contribution to ESI and PF collected by the assessee from its employees have been deposited well before the due date of filing of return

MONA DEWAN,G1-51, SITAPURA INDUSTRIAL AREA, JAIPUR vs. CPC, BENGALURU/ ACIT, CIRCLE-7, JAIPUR

Appeals are allowed in terms of our observations recorded hereinabove

disallowed under section 43B read with section 36(1)(va) of the Act in view of the binding decisions of the Hon’ble Rajasthan High Court.” 6. In the instant case, admittedly and undisputedly, the employees’ contribution to ESI and PF collected by the assessee from its employees have been deposited well before the due date of filing of return

AMIT BHAGAT,JAIPUR vs. DCIT-CPC, BANGALORE, DCIT-CPC, BANGALORE

Appeals are allowed in terms of our observations recorded hereinabove

disallowed under section 43B read with section 36(1)(va) of the Act in view of the binding decisions of the Hon’ble Rajasthan High Court.” 6. In the instant case, admittedly and undisputedly, the employees’ contribution to ESI and PF collected by the assessee from its employees have been deposited well before the due date of filing of return

HITESHI ENTERPRISES PRIVATE LIMITED,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CPC, CIT AJMER

Appeals are allowed in terms of our observations recorded hereinabove

disallowed under section 43B read with section 36(1)(va) of the Act in view of the binding decisions of the Hon’ble Rajasthan High Court.” 6. In the instant case, admittedly and undisputedly, the employees’ contribution to ESI and PF collected by the assessee from its employees have been deposited well before the due date of filing of return

TAXSOFT MARKETING PVT, LTD.,JAIPUR vs. ITO, WD 5(1), JAIPUR

Appeals are allowed in terms of our observations recorded hereinabove

disallowed under section 43B read with section 36(1)(va) of the Act in view of the binding decisions of the Hon’ble Rajasthan High Court.” 6. In the instant case, admittedly and undisputedly, the employees’ contribution to ESI and PF collected by the assessee from its employees have been deposited well before the due date of filing of return

SHAKUN AYURVED PVT. LTD.SHAKUN AYURVED PVT. LTD.,JAIPUR vs. DCIT, CPC, BANGALORE

Appeals are allowed in terms of our observations recorded hereinabove

disallowed under section 43B read with section 36(1)(va) of the Act in view of the binding decisions of the Hon’ble Rajasthan High Court.” 6. In the instant case, admittedly and undisputedly, the employees’ contribution to ESI and PF collected by the assessee from its employees have been deposited well before the due date of filing of return

LOVELY PROMOTERS PRIVATE LIMITED,KOLKATA vs. ACIT, CENTRAL CIRCLE, AJMER, AJMER

In the result, the appeal filed by the assessee is allowed

Bench: him regarding non mentioning of Document Identification Number (DIN) in the body of the order u/s. 127 of the Act dated 08-09-2021 and various other technical pleas raised in grounds of appeal regarding validity of notice u/s. 148 of the Act, thereby appellate order passed by the CIT(A) is non-speaking order and deserves to be quashed. 4. On the facts and in circumstances of the case and in law, the AO erred in issuing notice u/s. 148 of the Act as it was a search related case u/s. 132 r/w

disallowing loss incurred by the assessee in the 16 Lovely promoters Pvt. Ltd. vs. ACIT transaction on stock exchange and addition of Rs. 2,19,763/- u/s. 69C of the Act by alleging that such expenses ought to be incurred on accommodation entry of loss. 7. The said order of the AO was confirmed by the ld. CIT(A), Jaipur

M/S. MAHARAJA SHREE UMAID MILLS LTD. JAIPUR,JAIPUR vs. DCIT CIRCLE-6, JAIPUR, CIRCLE-6, JAIPUR

In the result, the ground of appeal is allowed for statistical purposes

disallowing the claim of additional depreciation by Ld. CIT(A) is misplaced. 6 M/s Maharaja Shree Umaid Mills Ltd. vs. DCIT 18. It was submitted that the Parliament in Finance Bill, 2015 w.e.f. AY 2016-17 has introduced third proviso to section 32(1)(ii) providing for carry forward of the balance 50% of the additional depreciation in the immediately

URMILA RAJENDRA MUNDRA,AJMER vs. INCOME TAX OFFICER, WARD-2(2), AJMER, AJMER

In the result grounds raised by the assessee is allowed

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

disallowing the exemption, penalty cannot be imposed. The penalty levied stands set aside." The situation in the present case is still better as no fault has been found with the particulars submitted by the assessee in its Return. 12. The Tribunal, as well as, the Commissioner of Income-tax (Appeals) and the High Court have correctly reached this conclusion