SMT. IRVIND KAUR GUJRAL,JAIPUR vs. ITO, WARD-1(3), JAIPUR, JAIPUR

In the result, appeal of the assessee is dismissed

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

dividend income and royalty income is taxable in both the contracting states by specifically providing it in the article. However, in Article 6 it is provided that income from real property may be taxed in the contracting state in which that property is situated but it is not provided that 9 Smt. Irvind Kaur Gujral vs. ITO it may also

KATH BROTHERS,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

house property, profits and gains of business or profession, or capital gains, nor is it income from other sources' because the provisions of sections 69, 69A, 69B, and 69C treat unexplained investments, unexplained money, bullion, etc., and unexplained expenditure as deemed income where the nature and source of investment, acquisition or expenditure, as the case may be, have not been

KAILASH CHAND MEENA,ALWAR vs. ITO WARD2(3), ALWAR, ALWAR

In the result, the appeal of the assessee is allowed

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

house property and hire charges received from JCB are indeed not based on facts. If this had been a real story he would have deposited installments of his JCB in an even manner and not in haphazard way. It so appears that this sum of Rs.10,60,000/- is someone else's money deposited by the assesse in his bank

BIMAL ROY SONI,J L N MARG vs. DCIT, CIRCLE - 1, JAIPUR, STATUE CIRCLE

In the result, appeals of the assessee is partly allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM vk;dj vihy la-@ITA. Nos. 239 & 240/JP/2022 fu/kZkj.k o"kZ@Assessment Years : 2013-14 & 2014-15 Bimal Roy Soni 11, Chetak Marg, JLN Marg Jaipur cuke Vs. DCIT, Circle-01, Jaipur NCR, Building LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: AFPPS 1588 H vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by : Shri Akhilesh Kumar Jain (C.A.) jktLo dh vksj ls@ Revenue by : Smt Runi Pal (Addl. CIT) a lquokb

dividend income then the said disallowance made by the Assessing Officer is not sustainable. Accordingly, we modify the orders of the authorities below on this issue and sustained the disallowance on account of interest expenditure U/s 14A of the Act. Bimal Roy Soni, Jaipur vs. DCIT, Jaipur 8. In the ground No. 2 of the assessee’s appeal

BIMAL ROY SONI,J L N MARG vs. DCIT, CIRCLE-1, JAIPUR, N.C.R. BUILDING

In the result, appeals of the assessee is partly allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM vk;dj vihy la-@ITA. Nos. 239 & 240/JP/2022 fu/kZkj.k o"kZ@Assessment Years : 2013-14 & 2014-15 Bimal Roy Soni 11, Chetak Marg, JLN Marg Jaipur cuke Vs. DCIT, Circle-01, Jaipur NCR, Building LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: AFPPS 1588 H vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by : Shri Akhilesh Kumar Jain (C.A.) jktLo dh vksj ls@ Revenue by : Smt Runi Pal (Addl. CIT) a lquokb

dividend income then the said disallowance made by the Assessing Officer is not sustainable. Accordingly, we modify the orders of the authorities below on this issue and sustained the disallowance on account of interest expenditure U/s 14A of the Act. Bimal Roy Soni, Jaipur vs. DCIT, Jaipur 8. In the ground No. 2 of the assessee’s appeal

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)

dividend and tax free interest, no part of expenditure appears to have been made towards the investment activity as emerging from the material. According to the respondent, the total investment from the huge surplus is comparatively small and investment made was effortless, without any burden of administrative expenses. In view of fact that no expenditure was incurred for earning exempted

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)

deemed to have been applied, to charitable or religious purposes in India during the previous year but is accumulated or set apart, either in whole or in part, for application to such purposes in India, such income so accumulated or set apart shall not be included in the total income of the previous year of the person in receipt

SURYA SINGHAL,KOTA vs. ASSTT. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed

house construction\nexpenses and taxed the same as per provisions of section 115BBE of Income Tax\nAct, 1961. The assessee being aggrieved from the additions made by the ld. A.O.,\nfiled the appeal before CIT (A), but could not get success there and the appeal of\nthe assessee was dismissed by CIT (A) vide order dated

WEST CENTRAL RAILWAY EMPLOYEES COOPERATIVE CREDIT SOCIETY LTD.,KOTA vs. ITO, WARD-2(1), KOTA, KOTA

In the results, the appeal of the assessee in ITA no

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

deems fit, in the interest of justice. Written submission 5. We have heard the contention of the parties and perused the materials available on record. The prayer by the assessee for condonation of delay of 37 days has merit, because the assessee fairly admitted that if calculated from noticing the email, the appeal was filed in time

THE BANK OF RAJASTHAN EMPLOYEES CREDIT & THIRFT COOPERATIVE SOCIETY LIMITED,JAIPUR vs. ACIT, CIRCLE-1, JAIPUR

In the results appeal of the assessee in ITA No

house property chargeable under section 22.\nExplanation. For the purposes of this section, an "urban consumer co-operative society\nmeans a society for the benefit of the consumers within the limits of a municipal\ncorporation, municipality, municipal committee, notified area committee, town area or\ncantoriment\n10\nITA No. 213/JP/2025\nThe Bank of Rajasthan Employees Credit & Thirft Cooperative Society Limited

BARODA RAJASTHAN KSHETRIYA GRAMIN BANK,AJMER vs. DY. CIT (ACIT) CIRCLE -2 AJMER , CR BUILDING,OPP. SESSION COURT,JAIPUR ROAD ,AJMER

In the result, the appeal of the assessee is dismissed

Bench: Shri Gagan Goyal & Shri Narinder Kumarbaroda Rajasthan Kshetriya Gramin Bank, 2343 Rajasthan Patrika Building, Vaishali Nagar, Ajmer – 305004 Pan No. Aaajb1164C ...... Appellant

deemed to be a cooperative society. Section 32. Act to override the provisions of other laws. The provisions of this Act shall have effect notwithstanding anything to the contrary in any other law for the time being in force or in any contract, express or implied, or in any instrument having effect by virtue of any law other than this

AJAY BAKLIWAL,KOTA vs. ACIT, CENTRAL CIRCLE, KOTA, KOTA

housing of the Rajasthan \nGovernment the same could be used for residential purposes, if a given \npercentage of land i.e. 40 % surrendered in favour of the government for \nconstruction of house for Economic Weaker Section & Low Income Group \nFlats [ EWS & LIG ] and balance land can be used for residential purpose.\nWith a view to take benefit of that scheme

ASSISSTANT COMMISSIONER OF INCOME TAX, AJMER vs. SHREE CEMENT LTD, BEAWAR

Accordingly, the same is dismissed

dividends to its shareholders and had good amount of book profit, was, nevertheless, filing a return of nil income for the purpose of income tax. (c)When once the assessee company had developed housing project, where the income is exempted u/s 80IB(10), the assessee company had legitimate expectation to enjoy the benefit of exemption and even a legitimate expectation

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.

dividends to its shareholders and had good amount of book profit, was, nevertheless, filing a return of nil income for the purpose of income tax. (c) When once the assessee company had developed housing project, where the income is exempted u/s 80IB(10), the assessee company had legitimate expectation to enjoy the benefit of exemption and even a legitimate expectation

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.

dividends to its shareholders and had good amount of book profit, was, nevertheless, filing a return of nil income for the purpose of income tax. (c) When once the assessee company had developed housing project, where the income is exempted u/s 80IB(10), the assessee company had legitimate expectation to enjoy the benefit of exemption and even a legitimate expectation

ASSISSTANT COMMISSIONER OF INCOME TAX, AJMER vs. SHREE CEMENT LTD, BEAWAR

dividends to its shareholders and had good\namount of book profit, was, nevertheless, filing a return of nil income\nfor the purpose of income tax.\n(c)When once the assessee company had developed housing project,\nwhere the income is exempted u/s 80IB(10), the assessee company\nhad legitimate expectation to enjoy the benefit of exemption and\neven a legitimate

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

dividends to its shareholders and had good amount of book profit, was, nevertheless, filing a return of nil income for the purpose of income tax.\n(c)When once the assessee company had developed housing project, where the income is exempted u/s 80IB(10), the assessee company had legitimate expectation to enjoy the benefit of exemption and even a legitimate

SHREE CEMENT LIMITED,BEAWAR vs. DEPUTY COMMISSIONER OF INCOME TAX, AJMER

In the result, this appeal of the assessee is partly allowed and appeal of the Revenue is dismissed

Bench: HON’BLE SHRI SANDEEP GOSAIN, JM & HON’BLE SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

dividends to its shareholders and had good amount of book profit, was, nevertheless, filing a return of nil income for the purpose of income-tax. 16. When once the assessee-company had developed housing project, where the income is exempted under s. 80-IB(10), the assessee- company had legitimate expectation to enjoy the benefit of exemption Shree Cement Limited

JAIPUR ENGINEERING COLLEGE JAIPUR RAJASTHAN SOCIETY,JAIPUR vs. CIRCLE (EXEMPTION), JAIPUR, JAIPUR

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

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

deem fit and proper in the case. 3.4 After hearing both the parties and perusing the materials available on record, the Bench noted that the reasons as substantiated by the ld. AR in his application for condonation of delay and in the affidavit of the assessee has merit which indicates the sufficient cause for such delay. Hence, in this view