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

29 if admission is sought at this stage.\n4. Disallowance Under Section 43B is Fully Justified\nThe disallowance of ₹1,95,27,206/-is based

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

In the result, appeal of the revenue is dismissed

disallowance under section 14A of the Act of any amount is not permissible. 29 ITA NO. 201(6)/JP/2017 M/s. Chambal

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

In the result, appeal of the revenue is dismissed

disallowance under section 14A of the Act of any amount is not permissible. 29 ITA NO. 201(6)/JP/2017 M/s. Chambal

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 under section 14A of the Act of any amount is not permissible. 29 ITA NO. 201(6)/JP/2017 M/s. Chambal

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 under section 40(a)(ia) read with section 194C of the Act. IN this regard, he placed reliance on the judgement of ITAT Kolkata in the case of Soma Rani Ghosh Vs DCIT Kolkata, ITA No. 1420/KOL/2015. Once the conditions of Section 194C(6) is satisfied, the liability to deduct the TDS would cease and accordingly, application of section

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)

section 14A of the Act. At para 3.1 of the order dated 29 March 2023 passed by the PCIT, the PCIT has mentioned that the AO did not raise the issue of disallowance

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

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

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI GAGAN GOYAL (Accountant Member)

section 14A will also apply on the shares held as stock in trade. Thus simply because disallowance is confirmed in appeal does not mean that the assesse has concealed the particulars of income. All the facts relating to the investment in shares and exempt income earned therefrom are duly shown in the financial statement which was not found incorrect

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)

disallowance u.s. 14A of Income Tax Act,1961 should be made. This fact can be easily verifiable from the Balance Sheet available before ld FAO. Ld PCIT has not specifically pointed out any credible defects in that. The ld. AO satisfied himself about the genuineness of the 27 Career Point Limited, Kota. explanation of assessee. When the legislature has empowered

MAYUR UNIQUOTERS LIMITED,JAIPUR vs. COMMISSIONER OF INCOME TAX NFAC, NEW DELHI

Appeals of the assesse are disposed of in the terms indicated as above

disallowable expense. TheFinance Act 2022 has amended section 40 by inserting Explanation 3 with effectfrom 1-4-2005 to provide that the term ‘tax’ shall include and shall be deemed tohave always included any surcharge or cess. In light of the amendment effectedretrospectively, it is held that Education cess is not an allowable Expense and theadditional ground raised

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

section 14A will\nalso apply on the shares held as stock in trade. Thus simply because disallowance\nis confirmed in appeal does not mean that the assesse has concealed the particulars\nof income. All the facts relating to the investment in shares and exempt income\nearned therefrom are duly shown in the financial statement which was not found\nincorrect

M/S MAHALAXMI SAWS PRIVATE LTD.,JAIPUR vs. DCIT CPC, BANGALORE

In the result, the appeal of the assessee is allowed’’

Section 143(1)(a) of the Act, the intimation issued deserves to be quashed. 1.1 On the facts and in circumstances of the case the ld. CIT(A) has grossly erred in confirming the disallowance of Rs.1,29

LALIT KUMAR CHABRA,KOTA vs. ITO WARD 2(2), KOTA

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

29-04-2021, for the assessment year 2018-19 & 2019-20. 2. The hearing of the appeal was concluded through video conference by both the parties in view of the prevailing situation of Covid-19 Pandemic. Lalit Kumar Chabra, Kotavs. ITO, Kota 3. Since, the facts of both the cases are identical, we have heard these cases together and passing

LALIT KUMAR CHABRA,KOTA vs. ITO WARD 2(2), KOTA

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

29-04-2021, for the assessment year 2018-19 & 2019-20. 2. The hearing of the appeal was concluded through video conference by both the parties in view of the prevailing situation of Covid-19 Pandemic. Lalit Kumar Chabra, Kotavs. ITO, Kota 3. Since, the facts of both the cases are identical, we have heard these cases together and passing

MODERN MASTI PVT, LTD.,JAIPUR vs. ACIT, CR-1, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: The Due Date Of Filing Of The Return During The Year.

29-11-2021 National Faceless Appeal Centre, New Delhi [ hereinafter referred to as (NFAC) ] for the assessment year 2018-19. 2. The hearing of the appeal was concluded through video conference by both the parties in view of the prevailing situation of Covid-19 Pandemic. 3.0 The grounds of appeal raised by the assessee are as under:- 2 Modern Masti

CHIRMI OVERSEAS,JAIPUR vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, JAIPUR

In the result, the appeal of the assessee is allowed

section 36(1)(va) of the Act is called for when the amounts are deposited before filing the return of income. Similar view has also been taken by the Hon’ble Punjab & Haryana High Court in the case of CIT vs. Hemla Embroidery Mills (P) Ltd (supra) and Indian Geotechnical Services (supra). As far as the applicability of amendment made

DUSHYANT KUMAR TYAGI,G1-1103 R.I.A. vs. DCIT CPC BENGALURU, BHIWADI

In the result, the appeal of the assessee is partly allowed

29-07-2021, National Faceless Appeal Centre, Delhi [ hereinafter referred to as (NFAC) ] for the assessment year 2019-20. 2. The hearing of the appeal was concluded through video conference by both the parties in view of the prevailing situation of Covid-19 Pandemic. 3.0 The grounds of appeal raised by the assessee are as under:- 2 Dushyant Kumar Tyagi

GANGAUR EXPORTS PRIVATE LIMITED,JAIPUR vs. THE PCIT-2, JAIPUR

In the result grounds raised by the assessee are allowed and order of Ld

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

29,84,04,150/-. During the year under consideration, the assessee company has engaged in the business of manufacturing of readymade garments, home furnishing and engaged in generation of electricity through wind mills. The assessee company has 3 Gangaur Exports Private Ltd. vs. PCIT-2 also engaged in the trading of handicraft items.The case of the assessee was selected

TRUWORTH INFOTECH PRIVATE LIMITED,JAIPUR vs. INCOME TAX OFFICER, WARD-2(2), JAIPUR

In the result, the appeal of the assessee is allowed

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

disallowance u/s 14A of I.T. Act. 1961 amounting to Rs. 10,53,684/- by holding that assessee company has made investment in shares of unlisted companies of Rs. 1,49,29,900/- from which either exempt income is generated or no income is generated and so provision of section