RAMESH KUMAR,JHUNJHUNU vs. ITO WARD-1, JHUNJHUNU, JHUNJHUNU

In the result, all the appeals of the assessee are allowed

House,\nOld Bus Stand,\nJhunjhunu.\nबनाम\nVs.\nIncome Tax Officer,\nWard-1,\nJhunjhunu.\nस्थायीलेखा सं./ जीआईआर सं./PAN/GIR No.: BDWPK6579A\nअपीलार्थी / Appellant\nप्रत्यर्थी / Respondent\nनिर्धारिती की ओरसे / Assesseeby : Shri Sharwan Kumar Gupta, Advocate\nराजस्व की ओरसे / Revenue by : Shri Gautam Singh Choudhary, JCIT-DR\nसुनवाई की तारीख / Date of Hearing : 22/04/2025\nउदघोषणा की तारीख / Date of Pronouncement: 03/06/2025\nआदेश/ORDER

SH. PREM SINGH SAINI,SIKAR vs. ADDL. CIT, SIKAR, SIKAR

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

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

Housing Sikar Board, Shivsingpura Sikar, Sikar LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: BIAPS 9302 L vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by : Sh. P. C. Parwal, CA jktLo dh vksj ls@ Revenue by : Smt. Monisha Choudhary, Addl. CIT lquokbZ dh rkjh[k@ Date of Hearing : 28/08/2024 mn?kks"k.kk dh rkjh[k@Date

SH. PREM SINGH SAINI,SIKAR vs. ADDL. CIT, SIKAR, SIKAR

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

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

Housing Sikar Board, Shivsingpura Sikar, Sikar LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: BIAPS 9302 L vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by : Sh. P. C. Parwal, CA jktLo dh vksj ls@ Revenue by : Smt. Monisha Choudhary, Addl. CIT lquokbZ dh rkjh[k@ Date of Hearing : 28/08/2024 mn?kks"k.kk dh rkjh[k@Date

SMT. MEERA DEVI KUMAWAT,JAIPUR vs. JCIT, RANGE-4, , JAIPUR

In the result, the appeal of the assessee is allowed

property used for residence purpose of all of her family members. There 4 Smt. Meera Devi Kumawat, Jaipur Vs. JCIT, Jaipur is no beneficial interest of only one person. It was prosperity of family and transaction did not involve any interest element, and there was no promise to return amount with or without interest. Hence, the provisions of section 269SS

MUKESH KUMAR AGARWAL,JAIPUR vs. I.T.O. WARD 1(2), JAIPUR

In the result, both the appeals of the assessee are allowed

section 144/147 of the I.T. Act and penalty order u/s 271E of the I.T. Act. Since both these appeals pertain to an assessee mentioned hereinabove, therefore, for the sake of convenience and brevity of the case the Bench decides to pass a consolidated order. 2 MUKESH KUMAR AGARWAL VS ITO WARD 1(2), JAIPUR 2.1 First of all, we take

SH. MAHENDRA KUMAR GOYAL,SIKAR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result of the appeal of the assessee are disposed off as under

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

section 269SS and 269T of the Act by the loanee (who received advance from appellant). The learned AO is directed to examine the 10 ITA Nos. 493. 495 to 498/JP/2025 Sh. Mahendra Kumar Goyal same from the perspective of penalty u/s 271D and 271E of the Act and make a reference to the Jt. Commissioner/Addl. Commissioner. In the result this

SH. MAHENDRA KUMAR GOYAL,SIKAR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result of the appeal of the assessee are disposed off as under

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

section 269SS and 269T of the Act by the loanee (who received advance from appellant). The learned AO is directed to examine the 10 ITA Nos. 493. 495 to 498/JP/2025 Sh. Mahendra Kumar Goyal same from the perspective of penalty u/s 271D and 271E of the Act and make a reference to the Jt. Commissioner/Addl. Commissioner. In the result this

SH. MAHENDRA KUMAR GOYAL,SIKAR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result of the appeal of the assessee are disposed off as under

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, आंकड़ुठरधारी आइटीएए सं.र@ITA Nos.493, 495 to 498, 500/JP/2025 निर्धारण वर्ष@Assessment Years : 2014-15 to 2016-17, 2018-19 to 2020-21 Mahendra Kumar Goyal चुके Vs. ACIT/DCIT Ward No. 2, Shahpura Road Neem Ka Thana, Sikar Central Circle-03, Jaipur लेखा संख्याल्लेय सं.जीआइआर सं.पान@PAN/GIR No.: ACFPG0306G अपीलार्थी@Appellant प्रत्यार्थी@Respondent निर्धारीती की आर से@ Assessee by : Shri P. C. Parwal, CA राजस्व की आर से@ R

section 269SS and 269T of the Act by the loanee (who received advance from appellant). The learned AO is directed to examine the 10 ITA Nos. 493. 495 to 498/JP/2025 Sh. Mahendra Kumar Goyal same from the perspective of penalty u/s 271D and 271E of the Act and make a reference to the Jt. Commissioner/Addl. Commissioner. In the result this

SH. MAHENDRA KUMAR GOYAL,SIKAR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result of the appeal of the assessee are disposed off as under

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

section 269SS and 269T of the Act by the loanee (who received advance from appellant). The learned AO is directed to examine the 10 ITA Nos. 493. 495 to 498/JP/2025 Sh. Mahendra Kumar Goyal same from the perspective of penalty u/s 271D and 271E of the Act and make a reference to the Jt. Commissioner/Addl. Commissioner. In the result this

SILVER & ART PALACE,JAIPUR vs. ACIT, JAIPUR

In the result, the appeals of the assessee are partly allowed

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyal

section 139 of the Act on 26.02.2019, declaring total income at Rs. 1,92,77,894/-. A search action under section 132 of the Act was carried out on 19.01.2021 on the assessee group and its associated concerns. Assessee was also searched under section 132 of the Act. Accordingly, notice under section 153A of the Act was issued

SILVER & ART PALACE,JAIPUR vs. ACIT, JAIPUR

In the result, the appeals of the assessee are partly allowed

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyal

section 139 of the Act on 26.02.2019, declaring total income at Rs. 1,92,77,894/-. A search action under section 132 of the Act was carried out on 19.01.2021 on the assessee group and its associated concerns. Assessee was also searched under section 132 of the Act. Accordingly, notice under section 153A of the Act was issued

SILVER & ART PALACE,JAIPUR vs. ACIT, JAIPUR

In the result, the appeals of the assessee are partly allowed

Bench: Dr. S. Seethalakshmi & Shri Gagan Goyal

section 139 of the Act on 26.02.2019, declaring total income at Rs. 1,92,77,894/-. A search action under section 132 of the Act was carried out on 19.01.2021 on the assessee group and its associated concerns. Assessee was also searched under section 132 of the Act. Accordingly, notice under section 153A of the Act was issued

SH. ASHOK KUMAR PORWAL,JHALAWAR vs. JCIT, RANGE-1, KOTA, KOTA

In the result, appeal of the assessee is partly allowed

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

271E are not justified.” In the present case also, the cash amount has been deposited by the employer of the assessee in his saving bank account maintained with Bank of Rajasthan Ltd. and immediately the exact amount is transferred from the bank account of the assessee to the bank account of his employer maintained with ICICI bank as is evident