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 36(1)(iii) of the Act. 20.4. Further, the assessee has made investment in the mutual funds from the cash credit account maintained with HDFC Bank. HDFC bank has charged a total interest of Rs. 78,56

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

In the result, appeal of the revenue is dismissed

disallowance under section 36(1)(iii) of the Act. 20.4. Further, the assessee has made investment in the mutual funds from the cash credit account maintained with HDFC Bank. HDFC bank has charged a total interest of Rs. 78,56

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

In the result, appeal of the revenue is dismissed

disallowance under section 36(1)(iii) of the Act. 20.4. Further, the assessee has made investment in the mutual funds from the cash credit account maintained with HDFC Bank. HDFC bank has charged a total interest of Rs. 78,56

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

56,000 | Nil | Set aside\n| on account of reduction in\n| nature of land\nunder\n| litigation\n| Short credit of TDS | 1,44,565 | Nil | Nil\n\nThus after the order of ITAT dt.10.04.2018 (PB 18-83), following disallowance\nmade by the AO stood confirmed:-\n\n5\nITA NO.309 & 310/JPR/2025\nRAJASTHAN STATE INDUSTRIAL DEVELOPMENT & INVESTMENT CORPORATION

DCIT, JAIPUR vs. RAJASTHAN COOPERATIVE DAIRY FEDERATION LTD, JAIPUR

In the result the appeal of the revenue in ITA No

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

disallowance of Rs.2,65,591/- u/s 36(1)(va) r.w.s. 2(24) on account of delayed payment of employees contribution towards PF & ESI. AO Pg 3-5 CIT(A) Pg33-37 Facts& Submission:- 1. The AO observed that assessee has deposited the amount of employee’s contribution towards PF amounting to Rs.2,64,292/- and ESI amounting to Rs.1

DCIT, JAIPUR vs. RAJASTHAN COOPERATIVE DAIRY FEDERATION LTD, JAIPUR

In the result the appeal of the revenue in ITA No

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

disallowance of Rs.2,65,591/- u/s 36(1)(va) r.w.s. 2(24) on account of delayed payment of employees contribution towards PF & ESI. AO Pg 3-5 CIT(A) Pg33-37 Facts& Submission:- 1. The AO observed that assessee has deposited the amount of employee’s contribution towards PF amounting to Rs.2,64,292/- and ESI amounting to Rs.1

DCIT, JAIPUR vs. RAJASTHAN COOPERATIVE DAIRY FEDERATION LTD, JAIPUR

In the result the appeal of the revenue in ITA No

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

disallowance of Rs.2,65,591/- u/s 36(1)(va) r.w.s. 2(24) on account of delayed payment of employees contribution towards PF & ESI. AO Pg 3-5 CIT(A) Pg33-37 Facts& Submission:- 1. The AO observed that assessee has deposited the amount of employee’s contribution towards PF amounting to Rs.2,64,292/- and ESI amounting to Rs.1

SAKET AGARWAL,JAIPUR vs. ITO WARD 2(3) JAIPUR, JAIPUR

In the result appeal filed by the assessee is allowed

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

56,611/- Total Rs.3,17,55,786/- 3.5 The Ld. AO made addition of all the sundry creditors as listed herein above in the hands of the assessee on the reason that notices issued u/s 133(6) of the act and summons u/s 131 were issued but were not served to these parties. Since, the assessee could not proof these

LALIT KUMAR ARORA,JAIPUR vs. ACIT, CR-2, , JAIPUR

In the result, the appeal of the assessees is allowed

Bench: Furnishing The Return Of Income Under Section 139(1) Of The Act. When The Matter Was Taken To The Ld. Cit(A) The Said Disallowance Was Sustained.

56,207/- pertaining to employees contribution made towards ESI & PF which was paid by the appellant company after the "due date" under respective statute of ESIC/PF. This disallowance was made by the AO under section 143(1

NARAIN LAL AGRAWAL,JAIPUR vs. DCIT CIRCLE 1 JAIPUR, JAIPUR

In the result the appeal of the assessee is allowed

1,74,40,000/-. The difference if any is less than 10 %,\nwhich is also dealt with in the provision of section 56(2)(x) of the Act. Prior\nto amendment by Finance Act 2020, the deviation of 5% was permissible,\nhowever, the same was increased to 10 % and that increase in limit being\ncurative in nature the amendment applies

ITO, WAR-4(1), JAIPUR vs. SHRI AMIT AGARWAL, JAIPUR

In the result, this appeal of the Revenue is dismissed

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

56 purchase 27.03.2017 Local Varndavan Jewellers 11,24,692.30 57 purchase 27.03.2017 Local Varndavan Jewellers 26,69,850.51 58 purchase Total local purchase of goods in 1,65,78,399.57 59 A.Y. 2017-18 Total Import and local purchase in 3,17,92,051.82 60 A.Y. 2017-18 The above detailed import, local purchases as well as VAT tax free

ASSOCIATED SOAPSTONE DISTRIBUTING CO PRIVATE LIMITED,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX -2, JAIPUR, JAIPUR

56]\n"....Section 37(1), read with section 201, of the Income-tax Act, 1961\nBusiness expenditure - Allowability of (Interest on delayed payment of\nTDS) Assessment year 2015-16 - Assessee paid interest on late\nsubmission of TDS and claimed said interest as deduction - Assessing\nOfficer disallowed

OM KOTHARI FOUNDATION,JAIPUR, RAJASTHAN vs. ITO, (EXEMPTION) WARD-1, JAIPUR, JAIPUR, RAJASTHAN

In the result, the appeals of the assessee in ITA No

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

section with effect the A.Y. 2009-10 and onwards. The learned assessing officer disallowed the benefit of exemption to the appellant in the assessment order on the ground that the appellant has violated the investment norms as provided under the four for the trust. It is an undisputed fact that the appellant is having investment in equity shares

CASTAMET WORKS PRIVATE LIMITED,KHARWA vs. PRINCIPLE COMMISSIONER OF INCOME TAX, UDAIPUR

56. It is pertinent to note that the Ld. AO has taken consideration of the submissions made by the Appellant including with respect to claim of 34 Castamet Works Private Limited vs. PCIT deduction under Section 36(1)(va) of the Act and working related to disallowance

DCIT, C-4, JAIPUR vs. M/S. JLC ELECTROMET PVT. LTD., JAIPUR

In the result, the appeal of the Department is dismissed

1) would stand obliterated If the contention of the Department is accepted then the department would be entitled to appropriate the moneys deposited by the payer even if it is not chargeable to tax because there is no provision in the Act whereby a payer can obtain refund-Sec. 237 r/w s. 199 implies that only the recipient

CENTRE FOR DEVELOPMENT COMMUNICATION TRUST,JAIPUR vs. COMMISSIONER OF INCOME TAX EXEMPTION, JAIPUR

1) says that assessee can\ngive financial assistance to local authorities, municipalities, Urban improvement trusts\nand such other bodies, while assessee rather than giving is charging them heavily. Thus it\nis clear that:-\n1.\nActivity of taking tender and its receipts, neither fall in donation, contribution,\ngrants or subscription. Thus these receipts are beyond the objects of assessee, thus

SH. HARI PRAKASH GUPTA,JAIPUR vs. ITO, WARD-1(2), JAIPUR, JAIPUR

disallowance of\nRs.5,26,000/- confirmed by the Ld. CIT(A) is against the provisions of the Act and\nthe same be deleted.\n7.\nThe Id. AR of the assessee in addition to the above written\nsubmission so filed vehemently argued that it is not disputed by the revenue\nthat the case was reopened by ITO, Ward 4(1), Chandigarh

SH. HARI PRAKASH GUPTA,JAIPUR vs. ITO, WARD-1(2), JAIPUR, JAIPUR

The appeal stands allowed

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

disallowance of Sh. Hari Prakash Gupta vs. ITO Rs.5,26,000/- confirmed by the Ld. CIT(A) is against the provisions of the Act and the same be deleted. 7. The ld. AR of the assessee in addition to the above written submission so filed vehemently argued that it is not disputed by the revenue that the case was reopened

SHREE CEMENT LIMITED,BANGUR NAGAR vs. ACIT, CENTRAL CIRCLE, AJMER

In the result, the appeal of the assessee - appellant in ITA No

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

1)(va) r/w. 2(24)(x). The findings of the ITAT in this regard are as under:- 56 Shree Cement Limited vs. ACIT 45. After considering submissions of the both the sides, we find that though the Hon'ble Gujarat High Court in the case of Gujarat State Road Transport Corporation (supra) has held that if the payment