SHREE CEMENT LIMITED,BEAWAR vs. NATIONAL FACELESS ASSESSMENT CENTRE, DEPUTY COMMISSIONEROF INCOME TAX, CIRCLE -2, AJMER, AJMER

In the result, the appeal of the Revenue in ITA No

Bench: or at the time of hearing of this appeal.

Section 80IA(8), the word "OR" is missing in provisions of Section 80A(6) of the ACIT vs. Shree Cement Ltd. Act. It is noted that as per provisions of Section 80A(6), if any goods or services whether sold or acquired falls within the category specified domestic transactions of Section 92BA then in such case it is mandatory

SHREE CEMENT LIMITED,BEAWAR vs. NATIONAL FACELESS ASSESSMENT CENTRE, DELHI

In the result, the appeal of the Revenue in ITA No

Bench: or at the time of hearing of this appeal.

Section 80IA(8), the word "OR" is missing in provisions of Section 80A(6) of the ACIT vs. Shree Cement Ltd. Act. It is noted that as per provisions of Section 80A(6), if any goods or services whether sold or acquired falls within the category specified domestic transactions of Section 92BA then in such case it is mandatory

SHREE CEMENT LIMITED,BEAWAR vs. NATIONAL FACELESS ASSESSMENT ASSESSMENT CENTRE, DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2, AJMER, AJMER

disallowance of Rs. 90,55,18,397/- on account of deduction u/s 80IA on account of Solid Waste Management System.\n78. The brief facts of the case are that the assessee is engaged in manufacturing of Pozzolana Portland Cement (PPC) and Ordinary Portland Cement (OPC). Apart from using gypsum and clinker as raw materials in the cement production, respondent also

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

801A &\ndisallowance u/s 14A. Penalty proceedings u/s 271(1)(c) of the I.T. Act have been\ninitiated separately.\"\n\nFrom the above it is clear that AO has not recorded any satisfaction for initiation\nof penalty proceedings in respect of disallowance of CSR expenses. Therefore\npenalty imposed on disallowance of CSR expenses is uncalled for. Reliance in this\nconnection

PINK CITY JEWEL HOUSE PRIVATE LIMITED ,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL), JAIPUR

iv)& (v) Id. PCIT noted that the assessee disclosed investment in stock and\ntherefore, considering the provisions of section 69 of the Act. The said income is\nrequired to be taxed as per the provisions of section 115BBE of the Act.\n5\nITA No. 598/JP/2024\nPinkcity Jewelhouse Pvt. Ltd. vs. PCIT\n4.1 In response to the show cause notice

FATEHPURIA TRANSFORMERS AND WITCHGEARS PVT. LTD,JAIPUR vs. DCIT, CIRCLE-1, JAIPUR

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

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

4 & 5: DISALLOWANCE OF DEDUCTION U/S. 801A OF THE ACT: 8.1As explained elsewhere in this order, the only issue on merits of the case under the dispute in the instant case is whether the AO is justified in disallowing deduction u/s.801A of the Act to the extent of Rs.6,86,000/-. 8.2. As seen from the facts

FATEHPURIA TRANSFORMERS AND SWITCHGEARS PVT. LTD.,JAIPUR vs. PCIT-1, JAIPUR

In the result, appeal of the assessee is allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

iv) as well as expenditure in the nature of Delay in delivery charges. 7 Fatehpuria Transformers and Switchgears Pvt. Ltd. vs. PCIT Later on, PCIT issued a Notice dated 05/12/2023 u/s 263 of the Act and the assessee submitted the reply dated 29/12/2023. (Copy of the reply is enclosed as paper book page по ) The Ld. PCIT passed an order

VENKATESHWARA WIRES PVT. LTD.,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: The Ld. Ao As Well As Before The Ld. Cit(A) As The Documents Submitted Was Only In Support Of Confirmations & Other Documents Already Submitted & No New Documents Were Submitted. 2. The Assessee Craves Your Indulgence To Add Amend Or Alter All Or Any Grounds Of Appeal Before Or At The Time Of Hearing.”

4,02,369/- is deleted and the Ground of Appeal is Allowed. 8. Ground has been raised against Ground No 2: This Ground has been raised against the action of the A.O in making an addition of Rs 32,684/- by disallowing the claim of this amount u/s 80IA of the Act. 8.1 I have perused the assessment order

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)

801A, in terms of Sec. 80-1A(8) and 80A(6) r.w.s 92F of the Act, the Arm's Length Price (ALP) of the power transferred was determined by considering the Average Annual Landed Cost (AALC) of power sold by the Grid during the year to the assessee and/or similarly placed nearby manufacturing units of independent assessee

AKSH OPTIFIBRE LIMITED,NEW DELHI vs. ACIT, CIRCLE - 2, ALWAR

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

4) In this section\n(a) property includes property, rights and powers of every description and liabilities\"\nincludes duties of every description; and..\n18. Amalgamation, thus, is unlike the winding up of a corporate entity. In the case of\namalgamation, the outer shell of the corporate entity is undoubtedly destroyed; it ceases\nto exist. Yet, in every other sense

DEPUTY COMMISSIONER OF INCOME TAX , JAIPUR vs. BHARAT SPUN PIPE AND CONSTRUCTION COMPANY, JAIPUR

In the result the appeal of the revenue in ITA no

4) of the\nDTAA. Once the aforesaid explanation was proffered, the AO then proceeded to\nhold that the petitioner was not entitled to treaty benefits, a charge which was not\neven laid in the original SCN or which could be said to have constituted the basis\nfor the formation of opinion that reassessment was warranted. In fact the petitioner\nwas