RENU PODDAR,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX-2, JAIPUR

In the result the appeal of the assessee is allowed

section 143(3) vide order dated 1st Aug, 2019. Returned Income was accepted. XI. Chronology of events is as under: Particulars Date A.Y. PB 21st Purchase of Residential House Property Dec, 2016- 33-65 2015 17 15th Execution of Memorandum of Understanding as Jan, 2016- 6-7 per which assessee’s share was 50% 2016 17 14th Sale of Plot

SHRI DIGAMBER JAIN ATIKSHAYA KESHTRA,PADAMPUA vs. ITO EXEMPTION WARD 1, KAILASH HEIGHTS

In the result appeal of the assessee is partly allowed

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

property should be computed as per sections 22 to 27 of the Act and the income from business have to be computed under sections 28 and 44 of the Act. Such computed income is exempted from tax under sections 11 13 Shri Digamber Jain Atikshaya Keshtra and 13, if 85% o f the same is spent on the charitable objects

VIKRAM PUROHIT,JAIPUR vs. ITO, WARD-7(3), JAIPUR

In the result, the appeal of the assessee is allowed with no orders as to costs

Bench: SHRI SANDEEP GOSAIN (Judicial Member)

section 148, showing salary income accordingly. The AO did not take cognizance of this ITR. The assessee had given the bifurcation of salary received from the two companies. As an evidence, he enclosed copy of Form-16 and annexures to Form-16 issued by the Employer. But the AO ignored these evidences which were placed on record

PARVINDER KAUR,JAIPUR vs. PCIT-1, JAIPUR

In the result, the appeal of the assessee is allowed

section 54F being making investment in residential house property and holding the same for atleast 3 years were fulfilled. 8 I.T.(I.T.)A. No. 64/JP/2021 Parvinder Kaur v. PCIT A11.Ld. PCIT has erred in placing reliance on the decisions which are as under: a. Hon’ble Karnataka High Court in the case of CIT vs K Ramachandra

SMT. LATA PHULWANI,JAIPUR vs. PR. CIT-2, JAIPUR

In the result, appeal of the assessee is allowed

property and construction of residential house on the said land. The AO, thereafter issued notice under section 142(1) dated 14.07.2017 along with a questionnaire. These facts are also evident from the assessment order in para 1 and 2 as under :- 9 Smt. Lata Phulwani, Jaipur. “ Thereafter, the case was transferred to the office of the undersigned from

JAGDISH KUMAR ARORA,BHAWANIMANDI vs. DCIT, CENTRAL CIRCLE- KOTA, KOTA

In the result, the appeal of the assessee is allowed

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

section 69 cannot be invoked and the sundry debtors has to be treated as business or profession income of the assessee. Admittedly, in the present case, no existence of evidence in relation to any unaccounted independent identifiable other investment which was found during the course of survey. It is also admitted fact the appellant admittedly is engaged in business from

SHRI SATISH CHANDRA KATTA,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, JAIPUR

house of Smt.\nSunita Shekhawat were incorrectly relied upon. The ld. AR argued that the\nadditions were made without properly appraising the entire material available on\nrecord.\nIt was further submitted that the entries on the basis of which the additions were\nmade reflected loans that the assessee had taken and projections of the loan\namounts which could have been

SIYARAM EXPORTS INDIA PRIVATE LIMITED,JAIPUR vs. ITO WARD 6(4), JAIPUR, JAIPUR

house property, and income from other sources. It has\nbeen submitted by the ld. AR of the assessee that these additions have been made\non an estimation basis without any concrete evidence or basis provided by the AO.\nThe ld. AR further contended that the CIT(A), without any valid reasoning, has\nconfirmed these additions. Submission made

SHRI SATISH CHANDRA KATTA,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, JAIPUR

house property, and income from other sources. It has\nbeen submitted by the ld. AR of the assessee that these additions have been made\non an estimation basis without any concrete evidence or basis provided by the AO.\nThe ld. AR further contended that the CIT(A), without any valid reasoning, has\nconfirmed these additions. Submission made

SIYARAM EXPORTS INDIA PVT. LTD.,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, JAIPUR

House Property- Rs. 8,17,320\n\n1.3. Income from Other Sources- Rs. 23,00,000\n\n2. It is submitted that there is no basis whatsoever through which the present additions were made by\nthe ld. AO to the income of the assessee.\n\n3. The assessee had not earned any such income during the year under consideration. Equating

SAJJAD ALI,CHITTORGARH vs. DCIT(INTL)- JAIPUR, JAIPUR

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

section 263, directed AO to make fresh assessment on issues which were not subject matter of limited scrutiny—Since, issue raised by assessee in this case has already been decided in favour of assessee Pr. CIT(A) has exceeded jurisdiction u/s 263 by directing AO to make fresh assessment on issues which were not subject matter of assessment framed

ANIL KUMAR BATAR,SIKAR vs. PCIT-JAIPUR-2, JAIPUR

In the result, the appeal of the assessee is allowed

House Property has been properly shown in the\nreturn of income for the year under consideration.\nii. As it has already been stated in Paral as above that assessee earned\nrental income and interest income, therefore not liable for maintain any\ncash book and bank book. Hence such cash book and bank book is not\navailable with the assessee.\niii

PRABHA AGARWAL,JAIPUR vs. DCIT CIRCLE -6 , JAIPUR

Bench: The Date Of Appeal Hearing.

house property, capital gains and other sources. She e-filed her return of income on 27.11.2014 for the assessment year 2014-15 declaring total income of Rs. 4,12,920/- claiming exempt Long Term Capital Gain of Rs. 21,48,870/- under section 10(38) of the Income Tax Act, 1961. The return was processed under Smt. Prabha Agarwal, Jaipur

PRABHA AGARWAL,JAIPUR vs. ACIT/DCIT CIR-6, JAIPUR

Bench: The Date Of Appeal Hearing.

house property, capital gains and other sources. She e-filed her return of income on 27.11.2014 for the assessment year 2014-15 declaring total income of Rs. 4,12,920/- claiming exempt Long Term Capital Gain of Rs. 21,48,870/- under section 10(38) of the Income Tax Act, 1961. The return was processed under Smt. Prabha Agarwal, Jaipur

INCOME TAX OFFICE, WARD-6(2), JAIPUR, JAIPUR vs. MEDICAL DESIGNS INDIA PVT. LTD., JAIPUR

House No. 267, Sector 9-C,\nsituated in Chandigarh and used for purchase of a new asset/residential\nhouse.\nFollowing the aforesaid order of the Apex Court, the hon'ble ITAT, Jaipur bench\nin the case of Rajasthan Agencies Pvt. Ltd. in ITA No. 680 & 681/JP/17 vide\norders dt. 25.1.2018 has held as under, (Copy at paper book page

HARI NARAIN PARWAL,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR

In the result,the appeals of the assessee are dismissed

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

house property, business, capital gain and other sources. A search u/s 132 took place on 07-01-2016in the case of Dilip Maihar Group in which assessee was also covered. The assessment u/s 143 (3) r.w.s. 153B (1) (b) of I. T. Act, 1961 was completed on 29-12-2017. Action

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

In the result,the appeals of the assessee are dismissed

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

house property, business, capital gain and other sources. A search u/s 132 took place on 07-01-2016in the case of Dilip Maihar Group in which assessee was also covered. The assessment u/s 143 (3) r.w.s. 153B (1) (b) of I. T. Act, 1961 was completed on 29-12-2017. Action

MACRO PROPRIETIES PRIVATE LIMITED,M 28 INCOME TAX COLONY TONK ROAD JAIPUR vs. DCIT CENTRAL CIRCLE 2, LIC BUILDING JAIPUR

In the result, the appeals of the assessee are allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM vk;djvihy la-@ITA No.174 TO 177/JP/2023 fu/kZkj.ko"kZ@AssessmentYear : 2013-14 TO 2016-17 M/s. Macro Properties Pvt. Ltd.M-28, Income Tax Colony, Tonk Road Jaipur cuke Vs. The DCIT Central Circle-2 LIC Building, Jaipur LFkk;hys[kk la-@thvkbZvkj la-@PAN/GIR No.: AAFCM 3633 D vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksjls@Assesseeby : Shri C.M. Agarwal, CA jktLo dh vksjls@Revenue by: Shri JameshKurian, CI

Housing Pvt Ltd.( Refer Asst Order Para 7, Pgs 3) ii Disallowance of Rs 2001/ u/s 14A- No reference to any seized or impounded material. 32 MACRO PROPERTIES PVT LTD. VS DCIT, CENTRAL CIRCLE-2, JAIPUR In making the addition at (i) above, the assessing Officer has referred to some documents however, the documents referred to are completely unrelated

MAHESH KUMAR AGRAWAL,JAIPUR vs. ACIT CIRCLE 7 JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed

House property (loss H.P. income, adjusted again Salary income Rs. (-) 5,78,838/- 3. Income from other sources Rs. 21,990/- Rs. 61,46,078/- Total income of assessee Rs. 61,46,078/- Less: Deduction under chapter VIA Rs. 2,43,584/- Net Taxable salary income Rs. 59,24,484/- Rounded off Rs. 59,24,480/- Loss from LTCG