DCIT, CENTRAL CIRCLE-2, JAIPUR, CENTRAL CIRCLE-2 JAIPUR vs. SHRI PRAKASH CHAND SHARMA, C-42, GOKUL PATH VAISHALI NAGAR, JAIPUR, JAIPUR

In the result, appeals of the revenue are dismissed

Bench: Ao On The Charge Of Concealment Of Income.

disallowance of expenditure and consequently the penalty levied by the AO in respect of the said addition would also not survive. 4.2. As regards the penalty levied against income surrendered by the assessee and offered to tax in the returns of income, the AO has applied Explanation 5A to section

DCIT, CENTRAL CIRCLE-2, JAIPUR, CENTRAL CIRCLE-2 JAIPUR vs. SHRI PRAKASH CHAND SHARMA, C-42, GOKUL PATH VAISHALI NAGAR, JAIPUR, JAIPUR

In the result, appeals of the revenue are dismissed

Bench: Ao On The Charge Of Concealment Of Income.

disallowance of expenditure and consequently the penalty levied by the AO in respect of the said addition would also not survive. 4.2. As regards the penalty levied against income surrendered by the assessee and offered to tax in the returns of income, the AO has applied Explanation 5A to section

KAILASH CHANDRA KABRA,BHILWARA vs. ACIT, AJMER

In the result, both appeals of the assessee are dismissed

disallowing any claim of the assessee or bringing any income to tax but the assessee himself has declared undisclosed income during the search and in the statement under section 132(4) of the Act which was not offered to tax in the return filed in response to notice under section 153A. Therefore, when the AO issued a show cause notice

KAILASH CHANDRA KABRA,BHILWARA vs. ACIT, AJMER

In the result, both appeals of the assessee are dismissed

disallowing any claim of the assessee or bringing any income to tax but the assessee himself has declared undisclosed income during the search and in the statement under section 132(4) of the Act which was not offered to tax in the return filed in response to notice under section 153A. Therefore, when the AO issued a show cause notice

SMT. SHIPRA JAIN,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, JAIPUR

In the result, the penalty so levied u/s 271(1)(c) is hereby deleted and appeals are allowed

5A to section 271(1)(c) is a deeming provision and subject to fulfilling the Smt. Shipra Jain & Sh. Sapna Jain, Jaipur vs. ACIT, Jaipur requisite conditions, it deems the assessee to have concealed the particulars of his income or furnished inaccurate particulars of such income similar to what has been provided in clause (c) to section

DCIT, JAIPUR vs. GVK JAIPUR EXPRESSWAY PVT LTD, JAIPUR

In the result, the appeal of the revenue for the years [A

disallowance so\nconfirmed by ld. CIT(A) in both the assessment years deserves to be deleted.\"\n\n29. We have heard the rival contentions and perused the material\nplaced on record. At the outset we noticed that it is a case of employee's\ncontribution of PF which has been deducted from the salary and not\ndeposited within

DCIT, JAIPUR vs. GVK JAIPUR EXPRESSWAY PVT LTD, JAIPUR

In the result, the appeal of the revenue for the years [A

disallowance so\nconfirmed by ld. CIT(A) in both the assessment years deserves to be deleted.\"\n\n29.\nWe have heard the rival contentions and perused the material\nplaced on record. At the outset we noticed that it is a case of employee's\ncontribution of PF which has been deducted from the salary and not\ndeposited within

ASSISTANT COMMISSIONER OF INCOME TAX, JAIPUR vs. JITENDRA KUMAR AGARWAL, JAIPUR

In the result, the appeals filed by the Revenue are dismissed

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

5A are also an exception to the rule that when an income which is ultimately brought to tax is declared in a return of income, there can be no question of treating the Assessee as having "concealed particulars of income or furnished inaccurate particulars of income". Those Explanations will also not apply in the present case because those Explanations

VAIBHAV GLOBAL LIMITED,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-5, JAIPUR

In the result, the penalty is directed to be deleted and appeal of the assessee is allowed

5A to section 271(1)(c) is a deeming provision and subject to fulfilling the requisite conditions, it deems the assessee to have concealed the particulars of his income or furnished inaccurate particulars of such income similar to what has been provided in clause (c) to section 271(1) of the Act. In search cases as well, the legislature

VAIBHAV GLOBAL LIMITED,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-5, JAIPUR

In the result, the penalty is directed to be deleted and appeal of the assessee is allowed

5A to section 271(1)(c) is a deeming provision and subject to fulfilling the requisite conditions, it deems the assessee to have concealed the particulars of his income or furnished inaccurate particulars of such income similar to what has been provided in clause (c) to section 271(1) of the Act. In search cases as well, the legislature

INCOME TAX OFFICER, JAIPUR vs. RAJASTHAN CRICKET ASSOCIATION, JAIPUR

In the result, appeal of the Department is dismissed

Bench: The Hon’Ble Tribunal In The Interest Of Justice.

disallow expenditure and the exemption claimed by the assessee. Thus, the exemption was denied on the basis that the assessee was involved into a commercial activity. The ld. CIT(A) concurred the view of the Assessing Officer on the same basis. Before adverting to the rival contentions it would be appropriate to reproduce the relevant provision of law. The section

INCOME TAX OFFICER (EXEMPTION),WARD, JAIPUR, JAIPUR vs. RAJASTHAN CRICKET ASSOCIATION, JAIPUR

In the result, appeal of the Department is dismissed

Bench: The Hon’Ble Tribunal In The Interest Of Justice.

disallow expenditure and the exemption claimed by the assessee. Thus, the exemption was denied on the basis that the assessee was involved into a commercial activity. The ld. CIT(A) concurred the view of the Assessing Officer on the same basis. Before adverting to the rival contentions it would be appropriate to reproduce the relevant provision of law. The section

INCOME TAX OFFICER (EXEMPTIONS), WARD, JAIPUR, JAIPUR vs. RAJASTHAN CRICKET ASSOCIATION, JAIPUR

In the result, appeal of the Department is dismissed

Bench: The Hon’Ble Tribunal In The Interest Of Justice.

disallow expenditure and the exemption claimed by the assessee. Thus, the exemption was denied on the basis that the assessee was involved into a commercial activity. The ld. CIT(A) concurred the view of the Assessing Officer on the same basis. Before adverting to the rival contentions it would be appropriate to reproduce the relevant provision of law. The section

ASSISTANT COMMISSIONER OF INCOME TA , JAIPUR vs. SHRI NATH CORPORATION, JAIPUR

In the result, the appeals filed by the Revenue are dismissed

5A are also an exception to the rule that when an income which is ultimately brought to tax is declared in a return of income, there can be no question of treating the Assessee as having \"concealed particulars of income or furnished inaccurate particulars of income\". Those Explanations will also not apply in the present case because those Explanations

ASSISTANT COMMISSIONER OF INCOME-TAX, JAIPUR vs. ROYAL JEWELLERS, JAIPUR

In the result, the appeals filed by the Revenue are dismissed

5A are also an exception to the rule that when an income which is\nultimately brought to tax is declared in a return of income, there can be no\nquestion of treating the Assessee as having \"concealed particulars of income or\nfurnished inaccurate particulars of income\". Those Explanations will also not\napply in the present case because those Explanations

SMT. SARLA MUNDRA ,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL, KOTA

In the result, we donot

5A to section 271(1)(c) which has been confirmed by the ld CIT(A). The ld. CIT(A) has dismissed the contention of the assessee of suo motu filing the revised return of income for the reason that such return has been filed, even though the disclosing unexplained investment in jewellery found during the course of search, subsequent

BITTHAL DAS PARWAL,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3 , JAIPUR

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

Bench: Him. 2. In This Appeal, The Assessee Has Raised The Following Grounds: -

disallowance of carried forward does not mean providing inaccurate particular of income or concealed the particulars of income. Based on that factual matter and relying on the explanation 5A to section

TIJARIA POLYPIPES LIMITED,JAIPUR vs. DCIT CIRLCE 4, JAIPUR

disallowance of Rs.5,12,198/- was\nmade u/s 14A of I.T. Act, 1961. Subsequently considering information received by\nId. AO from ITO (Inv.), Unit-1 and AIU, Kolkata, the assessment was reopened by\nissue of notice u/s 148 dated 18.03.2019, in response to which the assessee filed\nreturn of income and requested for supply of reasons recorded, which were\nprovided

M/S. RAJASTHAN CRICKET ASSOCIATION,JAIPUR vs. ADD.CIT. RANGE-2, JAIPUR

In the result, the matter is decided in favour of the assessee and against the Revenue and the ground of appeal so taken by the assessee society is thus allowed

disallow expenditure and the exemption claimed by the assessee. Thus, the exemption was denied on the basis that the assessee was involved into a commercial activity. The ld. CIT(A) concurred the view of the Assessing Officer on the same basis. Before adverting to the rival contentions it would be appropriate to reproduce the relevant provision of law. The section