SHREE CEMENT LIMITED,BEAWAR vs. NATIONAL FACELESS ASSESSMENT CENTRE, DEPUTY COMMISSIONEROF INCOME TAX, CIRCLE -2, AJMER, AJMER

In the result, the appeal of the Revenue in ITA No

Bench: or at the time of hearing of this appeal.

Housing Corporation Limited vs ACIT (2009) 32 SOT 207 (Ahd ITAT), it has been held that capital receipts are eligible to be excluded by virtue of section 115JB (5) but not deduction u/s 80IA. 50. In view of several binding judicial precedents of Honourable High courts stated above holding that since 115JB(5) does not specify any particular claim

ACIT(EXEMPTION), JAIPUR vs. MAHIMA SHIKSHA SAMITI, JAIPUR

In the result, all the grounds taken by the Revenue are dismissed and ground taken by the assessee society is allowed

houses in India for residential purposes and which is eligible for deduction under clause (viii) of sub-section (1) of section 36; (ixa) deposits with or investment in any bonds issued by a public company Mahima Shiksha Samiti, Jaipur vs. ACIT,(Exemption), Jaipur formed and registered in India with the main object of carrying on the business of providing long

RAGHAV KUMAR DHOOT,JAIPUR vs. DCIT CENTRAL CIRCLE 1, JAIPUR

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

house property and income\nfrom other sources.\n3.1 In the case of M/s Dhoot Sangmermer Pvt. Ltd, a survey\nunder section 133A of the Act was carried out on 05/06/2018 and\nduring the course of survey, certain papers were found at the\nbusiness premises of the company which was inventorised by the\nsurvey party as Annexure A-(Exhibit No.02). Shri

PINCITY JEWLHOUSE PVT. LTD.,JAIPUR vs. PCIT, CC, JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: the date of hearing." 3. At the outset of hearing, the Bench observed that there is delay of 58 days in filing of the present appeal by the assessee for which the Id. AR of 3

Properties Pvt. Ltd. v. PCIT 14 17 {2023 (08) TMI 673} ITAT - New Delhi 4. Paramjit Singh v. PCIT 18 28 {2016 (12) TMI 799} ITAT -Chandigarh 5. Refex Industries Ltd. v. DCIT 29 34 {2014 (11) TMI 653} ITAT -Chennai RULE OF CONSISTENCY 6. Radha Soami Satsang v. CIT 35 41 {1991 (11) TMI 2} Supreme Court SCOPE

M/S. GANPATI GLOBAL PRIVATE LTD.,JAIPUR vs. ITO, WARD1(4), JAIPUR

In the result, the appeal of the assessee is dismissed

4 M/s Ganpati Global (P) Ltd. vs. ITO were temporarily available idle funds which were invested in short term deposits, before they could be used in the setting-up of business/ construction of assets for business purposes. 6. It was submitted that the Ld. CIT(A) while trying to distinguish the case of Bokaro Steel Ltd with Tuticorin Alkali Chemicals

KAMAKSHI HOSPITALITY PVT. LTD.,JAIPUR vs. DCIT, JAIPUR

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

house as on date comes to Rs. 1,62,84,560/-. 3. The long term capital gain on sale of property at D-112 and tax thereon works out as under:- Amount Particulars (in Rs.) Sale consideration of property 3,50,00,000 Less: Brokerage Paid 3,50,000 3,46,50,000 Less: Purchase cost of the 4

OM PRAKASH RASORIA,ALWAR vs. ITO, ALWAR

4 Bakhera, Khasra No. 255 9,88,550 Assessee Total 29,32,350 3.2 The lands were purchased in the name of assessee’s (second) wife Mrs. Anita Rajni in order to avoid family dispute. The fact that the entire consideration has flown from the assessee has not been doubted by any of the ld. lower authorities

KAILASH CHAND MAHESHWARI,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX,CENTRALCIRCLE-2, JAIPUR

house of the assessee in a statement\nrecorded u/s.132(4) of the Act vide question no. 22 recorded on\n29.07.2016 assessee admitted that he has incurred expenditure on the\nmarriage of his son Vind and two daughters of his young brother. Since the\nassessee has not submitted any details/ document in compliance to various\nnotices the expenditure to the extent

KAILASH CHAND MAHESHWARI,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX , JAIPUR

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

house of the assessee in a statement recorded u/s. 132(4) of the Act vide question no. 22 recorded on 29.07.2016 assessee admitted that he has incurred expenditure on the marriage of his son Vind and two daughters of his young brother. Since the assessee has not submitted any details/ document in compliance to various notices the expenditure

ACIT, CENTRAL CIRCLE, ALWAR vs. SH. TARA CHAND GUPTA, ALWAR

In the result the appeal filed by the revenue in ITA no

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM आयकर अपील सं./ITA. Nos.447 to 449/JP/2024 निर्धारण वर्ष / Assessment Years : 2015-16 to 2017-18 Shri Tarachand Gupta 9 Keshav Nagar Sch 13, Alwar बनाम ACIT, Vs. Central Circle, Alwar स्थायी लेखा सं./ जीआईआर सं./PAN/GIR No.: AAYPC 5777 E अपीलार्थी / Appellant प्रत्यर्थी / Respondent आयकर अपील सं./ITA. No. 514/JP/2024 निर्धारण वर्ष / Assessment Year : 2017-18 ACIT, Central Circle, Alwar बनाम Shri Tarachand Gupta 9 Kesh

House Property Income and Income from Other Sources. The proceedings of assessment of income were initiated by issuing of notices u/s 143(2) of the Act on 08.08.2019 & 142(1) of the Act on 03-09-2019 and served online on the e-mail of the assessee. Notice u/s 142(1) dated 03-09-2019 was issued to the assessee

SH. TARACHAND GUPTA,ALWAR vs. ACIT, CENTRAL CIRCLE, ALWAR, ALWAR

In the result the appeal filed by the revenue in ITA no

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM आयकर अपील सं. / ITA. Nos.447 to 449/JP/2024 निर्धारण वर्ष / Assessment Years : 2015-16 to 2017-18 Shri Tarachand Gupta 9 Keshav Nagar Sch 13, Alwar बनाम Vs. ACIT, Central Circle, Alwar स्थायी लेखा सं./ जीआईआर सं./PAN/GIR No.: AAYPC 5777 E अपीलार्थी / Appellant प्रत्यर्थी / Respondent आयकर अपील सं./ITA. No. 514/JP/2024 निर्धारण वर्ष / Assessment Year : 2017-18 ACIT, Central Circle, Alwar बनाम Shri Tarachand Gupta 9 Ke

House Property Income and Income from Other Sources. The proceedings of assessment of income were initiated by issuing of notices u/s 143(2) of the Act on 08.08.2019 & 142(1) of the Act on 03-09-2019 and served online on the e-mail of the assessee. Notice u/s 142(1) dated 03-09-2019 was issued to the assessee

ASSISTANT COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-3, JAIPUR vs. SHRI NIRMAL KUMAR KEDIA,, JAIPUR

In the result, appeals of the revenue are dismissed whereas the appeals of the assessee are allowed in part in terms indicated hereinabove

255 and Copy of ledger account of the party showing the cash receipt recorded in books of accounts at PB Page 442 14 52 Sandeep Sharya 1,63,900.00 3,77,774.00 Copy of affidavit of buyer (Sold to Madhu of plot at PB Page 256- Saharya wife of 257 and Copy of ledger Sandeep) account of the party showing

SHRI NIRMAL KUMAR KEDIA,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR

In the result, appeals of the revenue are dismissed whereas the appeals of the assessee are allowed in part in terms indicated hereinabove

255 and Copy of ledger account of the party showing the cash receipt recorded in books of accounts at PB Page 442 14 52 Sandeep Sharya 1,63,900.00 3,77,774.00 Copy of affidavit of buyer (Sold to Madhu of plot at PB Page 256- Saharya wife of 257 and Copy of ledger Sandeep) account of the party showing

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR vs. SHRI NITIN KEDIA, JAIPUR

In the result, appeals of the revenue are dismissed whereas the appeals of the assessee are allowed in part in terms indicated hereinabove

255 and Copy of ledger account of the party showing the cash receipt recorded in books of accounts at PB Page 442 14 52 Sandeep Sharya 1,63,900.00 3,77,774.00 Copy of affidavit of buyer (Sold to Madhu of plot at PB Page 256- Saharya wife of 257 and Copy of ledger Sandeep) account of the party showing

SHRI NIRMAL KUMAR KEDIA,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR

In the result, appeals of the revenue are dismissed whereas the appeals of the assessee are allowed in part in terms indicated hereinabove

255 and Copy of ledger account of the party showing the cash receipt recorded in books of accounts at PB Page 442 14 52 Sandeep Sharya 1,63,900.00 3,77,774.00 Copy of affidavit of buyer (Sold to Madhu of plot at PB Page 256- Saharya wife of 257 and Copy of ledger Sandeep) account of the party showing

DEPUTY COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-3, JAIPUR vs. SHRI NIRMAK KUMAR KEDIA,, JAIPUR

In the result, appeals of the revenue are dismissed whereas the appeals of the assessee are allowed in part in terms indicated hereinabove

255 and Copy of ledger account of the party showing the cash receipt recorded in books of accounts at PB Page 442 14 52 Sandeep Sharya 1,63,900.00 3,77,774.00 Copy of affidavit of buyer (Sold to Madhu of plot at PB Page 256- Saharya wife of 257 and Copy of ledger Sandeep) account of the party showing

SHRI NIRMAK KUMAR KEDIA,,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-3, JAIPUR

In the result, appeals of the revenue are dismissed whereas the appeals of the assessee are allowed in part in terms indicated hereinabove

255 and Copy of ledger account of the party showing the cash receipt recorded in books of accounts at PB Page 442 14 52 Sandeep Sharya 1,63,900.00 3,77,774.00 Copy of affidavit of buyer (Sold to Madhu of plot at PB Page 256- Saharya wife of 257 and Copy of ledger Sandeep) account of the party showing

INCOME TAX OFFICER , JAIPUR vs. RAJ KUMAR NOWAL, JAIPUR

In the result, this appeal of the revenue is dismissed

255/- (PB page 14) during the FY 2016-17. We have already submitted that the assessee started new showroom in Kanpur during 2015 which could be properly established in 2016. So the cash sales of the FY 2015-16 cannot be compared with FY 2016-17. However, the department has no any material to show that the assessee has booked