M/S. RAJASTHAN CRICKET ASSOCIATION,JAIPUR vs. ADD.CIT. RANGE-2, JAIPUR

In the result, the matter is decided in favour of the assessee and against the Revenue and the ground of appeal so taken by the assessee society is thus allowed

Housing Board and Ahemdabad Urban Development authority are concerned ITO Vs. Rajasthan Cricket Association. are no more binding precedents in view of the subsequent judgment of Hon’ble Jurisdictional High Court in the Jodhpur Development Authority rendered in the case of CIT Vs. Jodhpur Development Authority 287 ITR 473(Raj.) 6. The allegations of the Assessing Officer is that

INCOME TAX OFFICER (EXEMPTION), WARD-1, JAIPUR vs. M/S RAJASTHAN CRICEKT ASSOCIATION, JAIPUR

In the result, the matter is decided in favour of the assessee and against the Revenue and the ground of appeal so taken by the assessee society is thus allowed

Housing Board and Ahemdabad Urban Development authority are concerned ITO Vs. Rajasthan Cricket Association. are no more binding precedents in view of the subsequent judgment of Hon’ble Jurisdictional High Court in the Jodhpur Development Authority rendered in the case of CIT Vs. Jodhpur Development Authority 287 ITR 473(Raj.) 6. The allegations of the Assessing Officer is that

INCOME TAX OFFICER (EXEMPTION), WARD-1, JAIPUR vs. RAJASTHAN CRICKET ASSOCIATION, JAIPUR

In the result, the matter is decided in favour of the assessee and against the Revenue and the ground of appeal so taken by the assessee society is thus allowed

Housing Board and Ahemdabad Urban Development authority are concerned ITO Vs. Rajasthan Cricket Association. are no more binding precedents in view of the subsequent judgment of Hon’ble Jurisdictional High Court in the Jodhpur Development Authority rendered in the case of CIT Vs. Jodhpur Development Authority 287 ITR 473(Raj.) 6. The allegations of the Assessing Officer is that

SMT. BIRMA DEVI,JAIPUR vs. INCOME TAX OFFICER, WARD-6-2, JAIPUR

In the result, appeal of the assessee is allowed in terms indicated

Bench: The Hearing Of This Appeal.”

iv) of the appeal and submitted that the land sold by the assessee was rural agricultural land whereas the provisions of section 2(14)(iii)(a) & 2(14)(iii)(b) were introduced on the statue book for purposes of levying capital gains on sale of urban agricultural land. In the case of the assessee these provisions were not applicable

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

property held under (Audit objection)\n Assessment year 2016-17 Assessment of assessee-trust was completed under section\n143(3) at 'Nil' income - Revenue audit party, however, objected to finalization of retum of\nassessee-trust at 'Nil' for reason that during year, assessee received corpus donations\nwhich were not included in income for application under section 11 On basis

THE JEWELLERS ASSOCIATION,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, JAIPUR

In the result, the appeal of the assessee is allowed

iv) to the assessee for assessment year 2007-08 onwards. However, consequent as the amendment of Section 2(15) the exemption was withdrawn. On a writ petition for quashing the order and also the first proviso to Section 2(15) Held, allowing the petition that it was clear from the faces of the case that profit making

VIJAY KUMAR VIJAYVERGIYA,JAIPUR vs. DCIT, CIRCLE-7, JAIPIUR

In the result ground no. 4 raised by the assessee is allowed

24 Vijay Kumar Vijayvergiya vs. DCIT copy of the judgment in relation to ground no. 1 the decision cited by the ld. DR are as under:-  M/s Exotica Housing V. ITO (ITA No. 5188/Del/2019.  DCIT Vs. Bsant Bansal (ITA No. 610/JP/2012.  Sanjay Subhashchand Gupta vs. ACIT 141 taxmann.com 369 ( Mumbai- Trib.)( 2022)  Vikram Krishna vs. PCIT 114 taxmann.com

ACIT, CIRCLE, BHARATPUR vs. M/S. JAGDAMBE STONE COMPANY, BHARATPUR

In the result, this appeal of the Revenue is dismissed

Bench: Shri Sandeep Gosain, Jm & Shri Vikram Singh Yadav, Am

24 ITA 1171/JP/2019_ ACIT Vs M/s Jagdambe Stone Company "(6) Section 194C, as already noticed, makes provision where for certain payments, liability of the payee to deduct tax at source arises. Therefore, if there is any breach of such requirement, question of applicability of section 40(a)(ia) would arise. Despite such circumstances existing, sub-section (3) makes exclusion

SHRI KALYAN BUILDMART PVT. LTD,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX-2, JAIPUR, JAIPUR

Bench: The Date Of Hearing.”

iv. CIT v Parameshwar Bohra (2004) 267 ITR 698 (Raj) v. Paul Mathews & Sons v CIT (2003) 263 ITR 101 (Ker) vi. CIT v Arvind Jewellers (2003) 259 ITR 502 (Guj) vii. CIT v Hastings Properties (2002) 253 ITR 124 (Cal) viii. CIT v Goal (JP) (HUF) (2001) 247 ITR 555 (Cal) ix. CIT v Amalgamations

KRISHNA BUILD HOME PRIVATE LIMITED,JAIPUR vs. INCOME TAX OFFICER, WARD 4(2), JAIPUR, JAIPUR

Bench: The Learned Ao, The Reassessment Proceeding Is Illegal, Bad In Law, Without Jurisdiction & Is Based On Wrong Facts & On Change Of Opinion & In Gross Violation Of Proviso To S. 147 Of The It Act, Which Says No Action Can Be Taken M/S. Krishna Build Home Pvt. Ltd., Jaipur.

24,924.50 11,07,57,000 1,90,00,795.60 M/s. Krishna Build Home Pvt. Ltd., Jaipur. Since the provisions “Income from House Property” are not applicable on the properties lying as stock in trade the provisions of taxing the deeming rent (ALV) will also be not applicable on the assessee as held by Hon’ble Gujarat High Court

KRISHNA BUILD HOME PRIVATE LIMITED,JAIPUR vs. ASST. COMMISSIONER OF INCOME TAX (HOLDING CHARGE OF ITO WARD 4(2)), JAIPUR

Bench: The Learned Ao, The Reassessment Proceeding Is Illegal, Bad In Law, Without Jurisdiction & Is Based On Wrong Facts & On Change Of Opinion & In Gross Violation Of Proviso To S. 147 Of The It Act, Which Says No Action Can Be Taken M/S. Krishna Build Home Pvt. Ltd., Jaipur.

24,924.50 11,07,57,000 1,90,00,795.60 M/s. Krishna Build Home Pvt. Ltd., Jaipur. Since the provisions “Income from House Property” are not applicable on the properties lying as stock in trade the provisions of taxing the deeming rent (ALV) will also be not applicable on the assessee as held by Hon’ble Gujarat High Court

MAHAVEER YADAV,JAIPUR vs. ITO, JAIPUR

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

iv) but admittedly, after 1- 4-1985, the extended meaning of the word ‘transfer’ was applicable in respect of such conversion. However, capital gain could not be computed unless such stock-in-trade was sold or otherwise transferred. The gain arose only on sale or transfer otherwise. It did not amount to giving retrospective effect to the statutes but applying

JODHPUR DEVELOPMENT AUTHORITY,JODHPUR vs. DCIT (EXEMPTION), JAIPUR

In the result, the appeal in ITA no

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

Housing Board and the Authority will be made by the State Government effective from the date to be fixed by it; k. to acquire, hold, manage and dispose of property, movable or immovable, as it may deem necessary; l. to enter into contracts, agreements or arrangements with any person or organization as the Authority may deem necessary for performing

JODHPUR DEVELOPMENT AUTHORITY,JODHPUR vs. DCIT (EXEMPTION), JAIPUR

In the result, the appeal in ITA no

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM vk;djvihy la-@ITA No. 665 & 666/JPR/2023 fu/kZkj.ko"kZ@Assessment Years : 2009-10 & 2013-14 Jodhpur Development Authority 1, Opposite Railway Hospital, JDA Circle, Jodhpur. cuke Vs. Deputy Commissioner of Income Tax, Exemption, Jodhpur. LFkk;hys[kk la-@thvkbZvkj la-@PAN/GIR No.: AAALJ 0478 P vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksjls@Assesseeby : Shri Amit Kothari (C.A.) jktLo dh vksjls@Revenue by:

Housing Board and the Authority will be made by the State Government effective from the date to be fixed by it; k. to acquire, hold, manage and dispose of property, movable or immovable, as it may deem necessary; l. to enter into contracts, agreements or arrangements with any person or organization as the Authority may deem necessary for performing

BHIWADI INTEGRATED DEVELOPMENT AUTHORITY,BHIWADI, ALWAR vs. COMMISSIONER OF INCOME TAX (EXEMPTIONS), JAIPUR

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

housing accommodations; (ii) city, town, or village planning, development, or improvement; (iii) regulating, or regulating and developing, any activity for the general public's benefit; or (iv) regulating anything that has to do with the reason it was made for the good of the general public Hence, we again submit that the Ld CIT(E) has completely misunderstood the intention

RADHEY CONSTRUCTION PVT. LTD.,JAIPUR vs. ITO, JAIPUR

Appeal is dismissed

Bench: Or At The Time Of Hearing.”

24(a) of the Income Tax Act, 1961 the same is also mentioned in the assessment order. In view of this the decision of the Hon’ble High Court of Delhi is of no avail. 3. Board circular is in favour of the assessee The board has issued explanatory notes on the amendments carried out by Finance

PRADEEP VATRANA,ALWAR vs. DCIT, ALWAR

In the result, the appeal filed by the assessee is allowed for statistical purposes

house over a part of the said land was constructed in the year 2003 for the assessee’s own use as well as let out purpose. From the year 1996 to 2005, assessee used the said land for agricultural purpose. Thereafter, he let out the land to a contractor to use for marriage and social functions under the name

RESERVE BANK COOPERATIVE SOCIETY LTD.,JAIPUR vs. ITO, WARD-6(2), JAIPUR, JAIPUR

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

Bench: Sh. Sandep Gosain & Dr. M. L. Meena

iv) the purchase of agricultural implements, seeds, livestock or other articles intended for agriculture for the purpose of supplying them to its members, or (v) the processing, without the aid of power, of the agricultural produce of its members, the whole of the amount of profits and gains of business attributable to any one or more of such activities

VIRENDRA SINGH BHADAURIA,JAIPUR vs. PR. CIT-3, , JAIPUR

In the result, this appeal of the assessee is allowed

Bench: Shri Sandeep Gosain, Jm & Shri Vikram Singh Yadav, Am Vk;Dj Vihy La-@Ita No. 255/Jp/2020 Assessment Year: 2015-16 Virendra Singh Bhadauriya, Cuke Pr.Cit-3, Vs. 71, Mansa Nagar, Shirsi Road, Jaipur. Jaipur-302012. Pan No.: Aaepb 0767 F Vihykfkhz@Appellant Izr;Fkhz@Respondent Fu/Kzkfjrh Dh Vksj Ls@ Assessee By : Ms. Datyani Pandey (Adv) & Shri Rajiv Pandey (Ca) Jktlo Dh Vksj Ls@ Revenue By : Shri B.K. Gupta (Cit-Dr) Lquokbz Dh Rkjh[K@ Date Of Hearing : 10/02/2021 Mn?Kks"K.Kk Dh Rkjh[K@ Date Of Pronouncement : 25/03/2021 Vkns'K@ Order Per: Sandeep Gosain, J.M. The Present Appeal Has Been Filed By The Assessee Against The Order Of The Ld. Pr.Cit-3, Jaipur Dated 16/03/2020 Passed U/S 263 Of The Income Tax Act, 1961 (In Short, The Act) For The A.Y. 2015-16. The Assessee Has Raised Following Grounds Of Appeal: “1. On The Facts & Circumstances Of The Case Ld. Pr. Commissioner Of Income Tax-3, Jaipur Erred In:- Ground No.1:- In Holding That The Assessment Order Dt.26.12.2017 Passed U/S 143(3) By Assessing Officer To Be Erroneous In So Far As Is Prejudicial To Interest Of Revenue On Issues Of 2

24 ITA 255/JP/2020_ Virendra Singh Bhadauriya Vs Pr.CIT new house property within the specified time period for claiming deduction u/s 54F of the IT Act, 1961. In the instant case under reference assessee is claiming deduction u/s 54F on purchase of two residential house property which is not allowable and as per provisions of section