SHRI AMBICA GARMENTS,JODHPUR vs. ACIT, CENTAL CIRCLE-3, JAIPUR

In the result, all appeals of the assessee are disposed off in terms of\nthe above observations

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

WHOLE SALE CLOTH MERCHANT ASSOCIATION ,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE KOTA , KOTA

section\n11 (2) and 11(1)(a) of the\nAct\n33,50,772/-\n33,50,772/-\n\n5.\nUnverifiable Creditors\n16,75,286/-\n16,75,286/-\n\n6.\n15% of Construction\nExpenses\n1,20,00,440/-\n1,20,00,440/-\n\n7.\nDisallowance of Rs\n3,69,567 out of total\nexpenses

WHOLE SALE CLOTH MERCHANT ASSOCIATION ,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE KOTA , KOTA

In the result, the appeals of the assessee in ITA no

section\n11 (2) and 11(1)(a) of the\nAct\n33,50,772/-\n33,50,772/-\n5.\nUnverifiable Creditors\n16,75,286/-\n16,75,286/-\n6.\n15% of Construction\nExpenses\n1,20,00,440/-\n1,20,00,440/-\n7.\nDisallowance of Rs\n3,69,567 out of total\nexpenses

SHRI AMBICA GARMENTS, JODHPUR,JODHPUR vs. ACIT, CENTAL CIRCLE-3, JAIPUR, JAIPUR

In the result, all appeals of the assessee are disposed off in terms of

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 explained

SHRI AMBICA GARMENTS, JODHPUR,JODHPUR vs. ACIT, CENTAL CIRCLE-3, JAIPUR, JODHPUR

In the result, all appeals of the assessee are disposed off in terms of

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 explained

SHRI AMBICA GARMENTS, JODHPUR,JODHPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result, all appeals of the assessee are disposed off in terms of

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

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 explained

SANJAY KUMAR KARNANI,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result, all appeals of the assessee are disposed off in terms of

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

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 explained

SANJAY KUMAR KARNANI,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result, all appeals of the assessee are disposed off in terms of

Bench: AO on 12-04-2021 18. Reply filed before AO on 15-07-2021 19. Additional Written Submissions filed before CIT(A) for AY 2014-15 on 11-11-2024 20. Written Submissions filed before CIT(A) for AY 2014-15 21. Written Submissions filed before CIT(A) for AY 2015-16 on 10-10-2024 22. Written Submissions filed before CIT(A) for AY 2016-17 on 10-10-2024 23. Written Submissions filed before CIT(A) for AY 2017-18 on 15-10-2024 24. Written Submissions filed before CIT(A) for AY 2018-19 on 15-10-2024 25.

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 explained

SANJAY KUMAR KARNANI,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

property, profits and gains of\nbusiness or profession, or capital gains, nor is it income from 'other sources'\nbecause the provisions of sections 69, 69A, 69B, and 69C treat unexplained\ninvestments, unexplained money, bullion, etc., and unexplained expenditure as\ndeemed income where the nature and source of investment, acquisition or\nexpenditure, as the case may be, have not been explained

INCOME TAX OFFICER , SIKAR vs. BHASKAR CHAUHAN, JAIPUR

In the result the appeal of the revenue in ITA no

Bench: Him.

property being land or building or both, shares and securities, loans and advances, deposits in bank account. (2) If any proceeding initiated or any order of assessment or reassessment made under sub-section (1) has been annulled in appeal or any other legal proceeding, then, notwithstanding anything contained in sub-section (1) or section 153, the assessment or reassessment relating

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

In the result, both appeals of the assessee are allowed

house of Shri Rajendran,\nare now unavailable and the learned counsel for the Revenue has no answer for\nthe same. On these premise, the assessment order made for the Assessment years\n2015-16, 2016-17, 2017-18 and 2018-19 requires to be quashed.\n23. 3. That reliance by the Assessing Officer / DRP in their respective orders upon\ncertain whatsapp

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

153D has vitiated the assessment order.\n3. In the facts and circumstances of the case and in law, ld. CIT(A) has erred \nin upholding the addition amounting to Rs.16,21,91,214/- (albeit as part of capital \ngains). The action of the ld. CIT(A) is illegal, unjustified, arbitrary and against the \nfacts of the case. Relief may please

MAHESH CHANDRA AGRAWAL,JAIPUR vs. ACIT, JAIPUR

In the result, both the appeals of the assessee are disposed of, for statistical purposes

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

House Central Circle-3 Kotputli, Jaipur – 303 018 Jaipur LFkk;hys[kk la-@thvkbZvkjla-@PAN/GIR No.: ACUPA 6717 E vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksjls@Assesseeby : Shri Neeraj Mangla, CA (Thru: VC) Shri Ajay Agarwal, Adv.(Physical Hearing.) jktLo dh vksjls@Revenue by: Smt. Anita Rinesh,JCIT-DR lquokbZ dh rkjh[k@Date of Hearing : 02/09/2025

MAHESH CHANDRA AGRAWAL,JAIPUR vs. ACIT, JAIPUR

In the result, both the appeals of the assessee are disposed of, for statistical purposes

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

House Central Circle-3 Kotputli, Jaipur – 303 018 Jaipur LFkk;hys[kk la-@thvkbZvkjla-@PAN/GIR No.: ACUPA 6717 E vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksjls@Assesseeby : Shri Neeraj Mangla, CA (Thru: VC) Shri Ajay Agarwal, Adv.(Physical Hearing.) jktLo dh vksjls@Revenue by: Smt. Anita Rinesh,JCIT-DR lquokbZ dh rkjh[k@Date of Hearing : 02/09/2025

HARISH JAIN,KOTA vs. ACIT CENTRAL CIRCLE-2, KOTA, KOTA

153D\nwas accorded mechanically without any application of mind. Hence,\nthere is no approval as such, as contemplated by law hence, the\nimpugned assessment order may kindly be quashed.”\n4.\nSuccinctly, the fact as culled out from the records are that a\nsearch & seizure operation under section 132(1) of the Act was\ncarried out on 07.09.2017 at the various

HARISH JAIN, KOTA,KOTA vs. ACIT,CENTRAL CIRCLE,KOTA, KOTA

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

153D was accorded mechanically without any application of mind. Hence, Sh. Harish Jain vs. ACIT there is no approval as such, as contemplated by law hence, the impugned assessment order may kindly be quashed.” 4. Succinctly, the fact as culled out from the records are that a search & seizure operation under section 132(1) of the Act was carried

HARISH JAIN,KOTA vs. ACIT CENTRAL CIRCLE-2, KOTA, KOTA

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM vk;dj vihy la-@ITA. No. 389, 624 to 626/JPR/2024 fu/kZkj.k o"kZ@Assessment Years : 2012-13, 2014-15 to 2016-17 Sh. Harish Jain 2-PA-8, Vigyan Nagar, Kota -324005. cuke Vs. The ACIT, Central Circle, Kota. LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: AEHPJ 4764 K vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by : Shri Mahendra Gargieya, Adv., Shri Hemang Gargieya, Adv. jktLo dh vksj ls@ Revenue

153D was accorded mechanically without any application of mind. Hence, Sh. Harish Jain vs. ACIT there is no approval as such, as contemplated by law hence, the impugned assessment order may kindly be quashed.” 4. Succinctly, the fact as culled out from the records are that a search & seizure operation under section 132(1) of the Act was carried

HARISH JAIN,KOTA vs. ACIT CENTRAL CIRCLE-2, KOTA, KOTA

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

153D was accorded mechanically without any application of mind. Hence, Sh. Harish Jain vs. ACIT there is no approval as such, as contemplated by law hence, the impugned assessment order may kindly be quashed.” 4. Succinctly, the fact as culled out from the records are that a search & seizure operation under section 132(1) of the Act was carried