SCHOLARS EDUCATION TRUST OF INDIA,JAIPUR vs. CIT EXEMPTION, JAIPUR , JAIPUR

In the result, appeal of the assessee is allowed

1 tosection 153 of the IT Act, 1961.\"\n11. Aggrieved by the second withdrawal of approval order of the Ld. CIT\n(Exemption), Jaipur the assessee preferred the present appeal before us on the\ngrounds mentioned hereinabove.\n12. All the grounds raised by the assessee are inter-related and inter-connected\nand relates to challenging the order

ANSHU SAHAI (HUF),JAIPUR vs. ACIT, CENTRAL CIRCLE, CENTRAL CIRCLE

153(c)(1)] is confined in its \napplication to the question of abatement\"\nProviso below sub-section (1) of section 153C of the Act was inserted by the \nFinance Act 2005 w.r.e.f. 01.06.2003 In this regard the extract of the \n\"Memorandum\" is as under.-\nUnder the existing provisions of section 153A, where the Assessing Officer is \nsatisfied that books

BABU LAL SHARMA,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, JAIPUR

In the result, appeal of the assessee is allowed

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

properties from the Income Tax Department:- 1. Shri Bheru Ram 2. Shri Khema Ram Choudhary 3. Shri Ram Prakash Sharma 4. M/s. Harshita Construction 5. Shri Lal Chand Sharma A copy of his current bank account along with confirmation letters/affidavits of the above said persons who are agriculturists and the amount was received by them from the Government of India

RUPESH TAMBI,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, JAIPUR

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

153 (Karnataka) [13-12-2012])\nThe object behind the enactment of section 271(1)(c) read with the Explanations\nindicates that the said section has been enacted to provide for a remedy for loss\nof revenue. The penalty under that provision is a civil liability. Wilful concealment\nis not an essential ingredient for attracting civil liability as is the case

DCIT, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. KAMLAPRABHA L/H OF LATE SHRI GOPAL LAL JI GOSWAMI, KOTA

In the result, the appeal of the revenue is dismissed and the Cross objection of the assessee is disposed off in terms of the observation made herein above

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

property documents regarding purchase of properties were seized, as specifically noted by the AO himself in the satisfaction note recorded u/s 153C of the Act. There apart, at various places including the finding recorded in the assessment order for AY 2012-13, the fact of seizure of possession letter is mentioned. The Respondent AO simply mentioned that what was shared

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. MAHAVEER KUMAR JAIN, JAIPUR

In the result, the both the appeals of the Revenue as well as CO's of\nthe assessee are dismissed\nOrder pronounced in the open court on 03/10/2024

house property as\nis also evident from the assessment order passed u/s 153A wherein\nthere is no mention about any incriminating material found for the\nrelevant assessment year even no mention in the AO remand report.\n15\nITA NO. 469 & 470/JP/2024\nDCIT, CENTRAL CIRCLE-1, JAIPUR VS SHRI MAHAVEER KUMAR JAIN\n2.\nSECOND REASON : NO ADDITION SOLELY ON THE BASIS

DCIT, CC-2, JAIPUR vs. M/S. ROYAL JEWELLERS, JAIPUR

In the result, appeals of the revenue stands dismissed

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

Housing Development Co. Vs DCIT [2014] 49 taxmann.com 98 (Karnataka) is as under: DCIT vs. M/s Royal Jewellers "Section 1534, read with section 263, of the Income-tax Act, 1961-Search and seizure-Assessment in case of search or requisition (Conditions precedent) - Assessment year 2008-09- Whether once proceedings under section 1534 is initiated, pursuant to search, order of assessment

DCIT, CC-2, JAIPUR vs. M/S. ROYAL JEWELLERS, JAIPUR

In the result, appeals of the revenue stands dismissed

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

Housing Development Co. Vs DCIT [2014] 49 taxmann.com 98 (Karnataka) is as under: DCIT vs. M/s Royal Jewellers "Section 1534, read with section 263, of the Income-tax Act, 1961-Search and seizure-Assessment in case of search or requisition (Conditions precedent) - Assessment year 2008-09- Whether once proceedings under section 1534 is initiated, pursuant to search, order of assessment

DCIT, CC-2, JAIPUR vs. M/S. ROYAL JEWELLERS, JAIPUR

In the result, appeals of the revenue stands dismissed

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

Housing Development Co. Vs DCIT [2014] 49 taxmann.com 98 (Karnataka) is as under: DCIT vs. M/s Royal Jewellers "Section 1534, read with section 263, of the Income-tax Act, 1961-Search and seizure-Assessment in case of search or requisition (Conditions precedent) - Assessment year 2008-09- Whether once proceedings under section 1534 is initiated, pursuant to search, order of assessment

ACIT, JAIPUR vs. UDAI BUILDHOME PVT LTD, JAIPUR

Housing Private Limited, certain loose papers/sale deeds/documents etc.\nwere found & impounded by the survey team. On perusal of page no. 61-66 of\nexhibit-08 of Annexure A contains the copy of registered sale deed dated\n29.11.2012 executed for sale of land situated in Khasra Nos.1545/3473, 1814,\n1815, 1818, 1819, 1820, 1821, 1822, 1824, 1825, 1827, 1828, 1829, 1830,\n1831/3725

BABU LAL SHARMA,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, JAIPUR

properties from\nthe Income Tax Department:-\n1.\nShri Bheru Ram\n2.\nShri Khema Ram Choudhary\n3.\nShri Ram Prakash Sharma\n4.\nM/s. Harshita Construction\n5.\nShri Lal Chand Sharma\nA copy of his current bank account along with confirmation letters/affidavits of the above said\npersons who are agriculturists and the amount was received by them from the Government of\nIndia

SH. HARI PRAKASH GUPTA,JAIPUR vs. ITO, WARD-1(2), JAIPUR, JAIPUR

The appeal stands allowed

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

properties against which the Assessing Officer has initiated the proceedings u/s 147 of the Act situates in Punjab, transactions have also been held at Punjab and admittedly the assessee is also residing in Punjab, we are of the considered view that the Ld. Assessing Officer, Ward-1, Sri Ganganagar, had no jurisdiction to frame the subjected assessment, consequently the assessment

SAROJ DEVI HALDIYA,JAIPUR vs. ITO WARD-6(1), JAIPUR, JAIPUR

house property, income from capital Gain and\nincome from other sources. A copy of the return of income filed by the\nassessee is available on paper book page No...1.\nSubsequently enquiries were conducted in the case of assessee by DDIT\n(Inv) wing-2 Jaipur. In the matter detailed statements of husband of the\nassessee Shri Mahendra Kumar Haldiya

JUHI BHANDARI, JAIPUR,JAIPUR vs. DCIT CIRCLE (INTL TAX), JAIPUR, JAIPUR

In the result, both appeals of the assessee are allowed

153, in the case of a person\nwhere a search is initiated under section 132 or books of account, other\ndocuments or any assets are requisitioned under section 132A after the 31st\nday of May, 2003 but on or before the 31st day of March, 2021, the Assessing\nOfficer shall-\n(a) issue notice to such person requiring

ACIT, JAIPUR vs. UDAI BUILDHOME PVT LTD, JAIPUR

In the result, all the appeals of the revenue are dismissed

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM आयकर अपील सं. / ITA Nos.1399, 1400, 1401 & 1486/JP/2024 निर्धारण वर्ष / Assessment Years : 2014-15, 2015-16, 2017-18 & 2018-19 Asstt. Commissioner of Income बनाम M/s Udai Buildhome Pvt. Tax, Vs. Ltd. 302, Golden Sunrise Central Circle-02, Jaipur Apartment, Lajpat Marg, C- Scheme, Jaipur स्थायी लेखा सं. / जीआईआर सं./PAN/GIR No.: AABCU 5068 J अपीलार्थी / Appellant प्रत्यर्थी / Respondent निर्धारिती की ओर से / Assessee

Housing Private Limited, certain loose papers/sale deeds/documents etc. were found & impounded by the survey team. On perusal of page no. 61-66 of exhibit-08 of Annexure A contains the copy of registered sale deed dated 29.11.2012 executed for sale of land situated in Khasra Nos. 1545/3473

ACIT, JAIPUR vs. UDAI BUILDHOME PVT LTD, JAIPUR

In the result, all the appeals of the revenue are dismissed

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, JM आयकर अपील सं. / ITA Nos.1399, 1400, 1401 & 1486/JP/2024 निर्धारण वर्ष / Assessment Years : 2014-15, 2015-16, 2017-18 & 2018-19 Asstt. Commissioner of Income Tax, Central Circle-02, Jaipur बनाम Vs. M/s Udai Buildhome Pvt. Ltd. 302, Golden Sunrise Apartment, Lajpat Marg, C- Scheme, Jaipur स्थायी लेखा सं. / जीआईआर सं./PAN/GIR No.: AABCU 5068 J अपीलार्थी / Appellant निर्धारिती की ओर से / Assessee by: प्रत्यर्थी / Respond

Housing Private Limited, certain loose papers/sale deeds/documents etc. were found & impounded by the survey team. On perusal of page no. 61-66 of exhibit-08 of Annexure A contains the copy of registered sale deed dated 29.11.2012 executed for sale of land situated in Khasra Nos. 1545/3473

LOVELY PROMOTERS PRIVATE LIMITED,KOLKATA vs. ACIT, CENTRAL CIRCLE, AJMER, AJMER

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

Bench: him regarding non mentioning of Document Identification Number (DIN) in the body of the order u/s. 127 of the Act dated 08-09-2021 and various other technical pleas raised in grounds of appeal regarding validity of notice u/s. 148 of the Act, thereby appellate order passed by the CIT(A) is non-speaking order and deserves to be quashed. 4. On the facts and in circumstances of the case and in law, the AO erred in issuing notice u/s. 148 of the Act as it was a search related case u/s. 132 r/w

1) dated 21/03/2022 (correct date is 21/02/2022) (PB Page 96-105), wherein detail of transaction executed by assessee company through broker M/s SMC Global Securities Limited were provided. 8. Sir, one fails to understand that how detail of transaction which in fact executed by assessee can held as supporting evidence for allegation without any material based on which

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 Private Limited various data & tally software of various concerns related to F S Group were impounded during the course of survey action On perusal of one of the hard disc, tally data of Sh. Pooran Mal Kanwat for the AY 2013-14 & 2014-15 were found vide path Account PC- Ganesh Agarwal- Tally Data- Account PC-2 Ganesh Agarwal

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)

sections (4) to (10) and as increased by the applicable surcharge, for the purposes of the Union, calculated in the manner provided therein, shall be further increased by an additional surcharge, for the purposes of the Union, to be called the “Health and Education Cess on income-tax”, calculated at the rate of four per cent of such income