CHANDRA PRAKASH JAIN,JAIPUR vs. CIRCLE 1, JPR, JAIPUR

In the result, ground raised by the assessee is partly allowed

Bench: Shri Gagan Goyal & Shri Narinder Kumar

Long-Term Capital Gain (LTCG): " Sale: Rs. 86,05,364/- " Purchase: Rs. 2,80,000/- " Profit: Rs. 83,25,364 (exempt under Section 10(38)) o Short-Term Capital Loss (STCL): " Sale: Rs. 48,87,600/- " Purchase: Rs. 48,90,900/- " Loss: Rs. 3,300/- Thus, the net capital gain should be Rs. 83, 22,064/-. Additionally, relying on statements

SUMIT GOEL,JAIPUR vs. INCOME TAX OFFICER , JAIPUR

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

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

long term capital gains in shares. It will be relevant to record that the present assessee might have been in consultation with M/s. B.C. Purohit & Company and a member of the group and has drawn inference regarding providing accommodation entries and the assessing officer was of the view that details made available by the assessee as regards unsecured loans

DCIT,C-7, JAIPUR vs. BHARAT MOHAN RATURI, JAIPUR

In the result, the appeal of the Department is dismissed and that of the C

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM vk;djvihy la-@ITA No. 413/JP/2022 fu/kZkj.ko"kZ@AssessmentYear :2013-14 The DCIT Circle-7 Jaipur cuke Vs. Shri Bharat Mohan Raturi 161, Indira Colony, Bani Park Jaipur 302 015 (Raj) LFkk;hys[kk la-@thvkbZvkj la-@PAN/GIR No.: AANPR 7066G vihykFkhZ@Appellant izR;FkhZ@Respondent CO No. 2/JP/2023 (Arising out of vk;djvihy la-@ITA No. 413/JP/2022 ) fu/kZkj.ko"kZ@AssessmentYear :2013-14 Shri Bharat Mohan Raturi 161, Indira

Long Term Capital Gain declared by the assessee was NIL. During the course of assessment proceedings, the assessee observed some mistake in the computation of LTCG income and therefore filed a revised computation of income along with covering letter dated 28.12.2015 declaring sale consideration of plot at Rs. 1,00,00,000, Investment in new house property

SHRI ASHNUTH GOYAL,JAIPUR vs. ACIT, WARD -1(3), JAIPUR

In the result, the appeal of the assessee is allowed

Bench: Him. Thus, The Addition Of Rs. 30,04,864/- So Uphold Deserves To Be Deleted. Shri Ashnuth Goyal Vs Acit, Ward 1(3), Jaipur

House (Caselaws paper Book Pages 144-236) where the Hon’ble Special Bench of ITAT after considering all the aspects of “preponderance of human probabilities” and other issues has held that : “46. ….. It is quite a trite law that suspicion how so ever strong may be but cannot be the basis of addition except for some material evidence on record

SHRI ARNAV GOYAL,JAIPUR vs. ITO, WARD-2(4), JAIPUR

In the result, the appeal of the assessee is allowed

Bench: Hon’ble SHRI SANDEEP GOSAIN (Judicial Member)

House (Caselaws paper Book Pages 144-236) where the Hon’ble Special Bench of ITAT after considering all the aspects of “preponderance of human probabilities” and other issues has held that: “46. ……It is quite a trite law that suspicion how so ever strong may be but cannot be the basis of addition except for some material evidence on record

DCIT, JAIPUR vs. VIGYAN LODHA, JAIPUR

In the result, the appeal of the Department is dismissed

House Property, share of profit from Partnership firms, capital gains, dividend and income from other sources. From the documents /paper submitted by the assessee, the AO found that the assessee during the year under consideration has shown Long Term

SITA DEVI AGARWAL,JAIPUR vs. ITO, WD-4(1), JAIPUR

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

House, Mumbai which return back by the postal authorities with the remarks ‘’not claim return to sender’’. Further on googal search, the same address is found to be belonged to Patel Manilal Maganlal & Sons, a angadia service provider i.e. courier agent’’ It is also noted that the AO in the assessment order has mentioned that the request of the assessee

ACIT,CC-4, JAIPUR vs. SHRI RAMESH KUMAR MANTRI, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term

ACIT, CC-4, JAIPUR vs. SHRI MUKUT BEHARI AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term

ACIT, CC-4, JAIPUR vs. SMT. SUNITA AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed

house property, M/S Maverick Commodity Brokers Pvt. Ltd.& others business or profession and other sources during the year under consideration. 6. The main issues involved in this case as found by the AO in the assessment proceedings is in relation to the alleged long term capital gain

ACIT, CC-4, JAIPUR vs. SMT. SANGEETA MANTRI, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term

ACIT, CC-4, JAIPUR vs. SMT. SUNITA AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term

ACIT, CC-4, JAIPUR vs. SMT. ASHA JAIN, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term

ACIT, CC-4, JAIPUR vs. SMT. SUNITA AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed

house property, M/S Maverick Commodity Brokers Pvt. Ltd.& others business or profession and other sources during the year under consideration. 6. The main issues involved in this case as found by the AO in the assessment proceedings is in relation to the alleged long term capital gain

ACIT, CC-4, , JAIPUR vs. SHRI ANSHUL JAIN, JAIPUR

In the result appeals of the revenue are dismissed

house property, M/S Maverick Commodity Brokers Pvt. Ltd.& others business or profession and other sources during the year under consideration. 6. The main issues involved in this case as found by the AO in the assessment proceedings is in relation to the alleged long term capital gain

ACIT, CC-4, JAIPUR vs. SHRI MUKUT BEHARI AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term

ACIT, CC-4, JAIPUR vs. SHRI MUKESH JAIN, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term

ACIT, CC-4, JAIPUR vs. SHRI MUKUT BEHARI AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed

house property, M/S Maverick Commodity Brokers Pvt. Ltd.& others business or profession and other sources during the year under consideration. 6. The main issues involved in this case as found by the AO in the assessment proceedings is in relation to the alleged long term capital gain