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

79,100/- in respect of borrowed fund alleged to be taken for Loans and Advances given to the subsidiaries and the ld. Commissioner of Income Tax (Appeals), Kota further erred in maintaining the disallowance, under the facts and circumstances of the case. Hence the disallowance made on this account deserves to be deleted. 3. That any other grounds and facts

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

disallowance made U/s 40(a)(ia) of the Act is deleted. 16.1 As regards the disallowance sustained by the ld. CIT(A), we find merits in the alternative plea of the ld AR that the amendment brought into the provisions of Section 40(a)(ia) of the Act by the Finance Act, 2015 has been held as remedial in nature

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

disallowance made U/s 40(a)(ia) of the Act is deleted. 16.1 As regards the disallowance sustained by the ld. CIT(A), we find merits in the alternative plea of the ld AR that the amendment brought into the provisions of Section 40(a)(ia) of the Act by the Finance Act, 2015 has been held as remedial in nature

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

disallowance made U/s 40(a)(ia) of the Act is deleted. 16.1 As regards the disallowance sustained by the ld. CIT(A), we find merits in the alternative plea of the ld AR that the amendment brought into the provisions of Section 40(a)(ia) of the Act by the Finance Act, 2015 has been held as remedial in nature

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

disallowance made U/s 40(a)(ia) of the Act is deleted. 16.1 As regards the disallowance sustained by the ld. CIT(A), we find merits in the alternative plea of the ld AR that the amendment brought into the provisions of Section 40(a)(ia) of the Act by the Finance Act, 2015 has been held as remedial in nature

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)

disallowance under section 14A of the Act. 3. Necessary cost be awarded to the assessee. Ground No. 1 & 2 raised by the assessee are inter-connected and inter- related against the order passed under section 263 of the IT Act, 1961 and thereby directing the AO to make addition of Rs. 66,30,268/- under section

SUBHASH PARETA,KOTA vs. ACIT, KOTA

In the result, the appeal of the assessee and the revenue are disposed off with above directions

disallowance under section 40A(3) has been rightly deleted by the ld CIT(A). The ground no. 2 of revenue’s appeal is accordingly dismissed. 29. Regarding ground No. 3 of the Revenue’s appeal relating to deletion of addition on account of unexplained expenditure of Rs 1,18,34,723 under Section 69C, briefly the facts of the case

RAJESH MOTORS (AUTO) PRIVATE LIMITED,JAIPUR vs. ITO WARD 5(1) , JAIPUR

In the result, the appeal of the assessees is allowed

disallowance of Rs. 2,45,637/- was not in accordance with the provision of Rajesh Motors (Auto) Pvt. Ltd. & Ors. Section 43B of the Act as the said amount were duly remitted before the due date of filling of return of income. The appellant has referred to the decisions of various High Courts including the decision of jurisdictional Rajasthan High

TAJ GRANITES PVT. LTD.,JAIPUR vs. DCIT CPC, BENGALURU

In the result, the appeal of the assessees is allowed

disallowance of Rs. 2,45,637/- was not in accordance with the provision of Rajesh Motors (Auto) Pvt. Ltd. & Ors. Section 43B of the Act as the said amount were duly remitted before the due date of filling of return of income. The appellant has referred to the decisions of various High Courts including the decision of jurisdictional Rajasthan High

TAJ GRANITES PVT. LTD.,JAIPUR vs. DCIT CPC, BENGALURU

In the result, the appeal of the assessees is allowed

disallowance of Rs. 2,45,637/- was not in accordance with the provision of Rajesh Motors (Auto) Pvt. Ltd. & Ors. Section 43B of the Act as the said amount were duly remitted before the due date of filling of return of income. The appellant has referred to the decisions of various High Courts including the decision of jurisdictional Rajasthan High

ALSISAR HOTELS & RESORTS PVT LTD,JAIPUR vs. CIT APPEALS , CIRCLE-1 INCOME TAX DEPARTMENT JAIPUR

In the result, the appeal of the assessee is allowed

Bench: Us.

79,644/- 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 to pay the employee’s contribution of PF/ESI within the prescribed due dates as per Section

KISHANGARH GRANITES PRIVATE LIMITED,INDUSTRIAL AREA vs. NFAC DELHI, AJMER

In the result, the appeal of the assessee is allowed

Bench: Us.

79,216/- 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 to pay the employee’s contribution of PF/ESI within the prescribed due dates as per Section

ASIA SEWING MACHINE MFRS PVT LTD,JAIPUR vs. CPC, BANGALORE

In the result, the appeal of the assessee is allowed

Bench: Us.

79,355/- which was processed U/s 143(1) and in terms of intimation dated Asia Sewing Machine MFRS Pvt. ltd. vs. CPC 16.10.2019 issued by CPC, it made disallowance of Rs. 2,33,772/- 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

SHREE SIDDHI VINAYAK INDUCTIONS PVT. LTD.,JAIPUR vs. DCIT, CENTRAL CIRCLE-3, JAIPUR

In the result ITA NO. 01/JPR/2021 for A

79,713/- on the basis of Form 26AS only while the said amount which was pertaining to service tax was not included in the profit & loss account of the assessee for the A.Y. 2012-13, ignoring the settled principle of law that provisions of Section 43B can’t be invoked for making additions on account of tax liabilities where

SHREE SIDDHI VINAYAK INDUCTION PVT. LTD.,JAIPUR vs. DCIT, JAIPUR

In the result ITA NO. 01/JPR/2021 for A

79,713/- on the basis of Form 26AS only while the said amount which was pertaining to service tax was not included in the profit & loss account of the assessee for the A.Y. 2012-13, ignoring the settled principle of law that provisions of Section 43B can’t be invoked for making additions on account of tax liabilities where

M/S SHRI SIDDHI VINAYAK INDUCTION P. LTD.,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR

In the result ITA NO. 01/JPR/2021 for A

79,713/- on the basis of Form 26AS only while the said amount which was pertaining to service tax was not included in the profit & loss account of the assessee for the A.Y. 2012-13, ignoring the settled principle of law that provisions of Section 43B can’t be invoked for making additions on account of tax liabilities where

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

79,069,581/-, therefore no disallowance was made u/s 14A by Id.AO. Assessment proceedings were completed by Id.AO by passing an order u/s 143(3) dated 24.06.2021 (APB 12-14) wherein returned income was accepted i.e. Rs. 65,03,820/- by observing as under: "4. After examination of the details available on record and verification of facts with reference

MANGALAM CEMENT LIMITED,JAIPUR vs. ACIT, KOTA

In the result, appeal of the revenue is dismissed

disallowance of Rs. 33,79,947/- made under section 37(1) on account of railway siding expenses. 12.1. The ld. D/R supported