ACIT, CC-4, JAIPUR vs. SMT. SANGEETA MANTRI, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term capital gain income claimed by the assessee is considered as bogus for an amount of Rs. 11,96,03,020/- and added

ACIT, CC-4, JAIPUR vs. SMT. SUNITA AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term capital gain income claimed by the assessee is considered as bogus for an amount of Rs. 11,96,03,020/- and added

ACIT, CC-4, JAIPUR vs. SHRI MUKUT BEHARI AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed

house property, M/S Maverick Commodity Brokers Pvt. Ltd.& others business or profession and other sources during the year under consideration. 6. The main issues involved in this case as found by the AO in the assessment proceedings is in relation to the alleged long term capital gain added u/s 68 of the Act and commission paid for acquiring such long

ACIT,CC-4, JAIPUR vs. SHRI RAMESH KUMAR MANTRI, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term capital gain income claimed by the assessee is considered as bogus for an amount of Rs. 11,96,03,020/- and added

ACIT, CC-4, JAIPUR vs. SHRI MUKESH JAIN, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term capital gain income claimed by the assessee is considered as bogus for an amount of Rs. 11,96,03,020/- and added

ACIT, C.C. -4, JAIPUR vs. MAVERICK COMMODITY BROKERS PVT. LTD., JAIPUR

In the result appeals of the revenue are dismissed

house property, M/S Maverick Commodity Brokers Pvt. Ltd.& others business or profession and other sources during the year under consideration. 6. The main issues involved in this case as found by the AO in the assessment proceedings is in relation to the alleged long term capital gain added u/s 68 of the Act and commission paid for acquiring such long

ACIT, CC-4, JAIPUR vs. SHRI MUKUT BEHARI AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term capital gain income claimed by the assessee is considered as bogus for an amount of Rs. 11,96,03,020/- and added

ACIT,CC-4, JAIPUR vs. SHRI RAMESH KUMAR MANTRI, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term capital gain income claimed by the assessee is considered as bogus for an amount of Rs. 11,96,03,020/- and added

ACIT, CC-4, JAIPUR vs. SMT. ASHA JAIN, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term capital gain income claimed by the assessee is considered as bogus for an amount of Rs. 11,96,03,020/- and added

ACIT, CC-4, , JAIPUR vs. SHRI ANSHUL JAIN, JAIPUR

In the result appeals of the revenue are dismissed

house property, M/S Maverick Commodity Brokers Pvt. Ltd.& others business or profession and other sources during the year under consideration. 6. The main issues involved in this case as found by the AO in the assessment proceedings is in relation to the alleged long term capital gain added u/s 68 of the Act and commission paid for acquiring such long

ACIT, CC-4, JAIPUR vs. SMT. SUNITA AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed

house property, M/S Maverick Commodity Brokers Pvt. Ltd.& others business or profession and other sources during the year under consideration. 6. The main issues involved in this case as found by the AO in the assessment proceedings is in relation to the alleged long term capital gain added u/s 68 of the Act and commission paid for acquiring such long

ACIT, CC-4, JAIPUR vs. SMT. SUNITA AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed

house property, M/S Maverick Commodity Brokers Pvt. Ltd.& others business or profession and other sources during the year under consideration. 6. The main issues involved in this case as found by the AO in the assessment proceedings is in relation to the alleged long term capital gain added u/s 68 of the Act and commission paid for acquiring such long

ACIT, CC-4, JAIPUR vs. SHRI MUKESH JAIN, JAIPUR

In the result appeals of the revenue are dismissed and the cross

house property, business or profession, capital gain and other sources during the year under consideration. 7. The main issues involved in this case, as found by the AO in the assessment proceedings is long term capital gain income claimed by the assessee is considered as bogus for an amount of Rs. 11,96,03,020/- and added

SITA DEVI AGARWAL,JAIPUR vs. ITO, WD-4(1), JAIPUR

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

House, Mumbai which return back by the postal authorities with the remarks ‘’not claim return to sender’’. Further on googal search, the same address is found to be belonged to Patel Manilal Maganlal & Sons, a angadia service provider i.e. courier agent’’ It is also noted that the AO in the assessment order has mentioned that the request of the assessee

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.”

terms of S. 54(2), however, the assessee may at his discretion invest the capital gains before the filing of return of income to avoid incidence of tax. Section 54(2) inter alia specifies an alternative in the form of deposit under 'capital gain accounts scheme' before the due date of filing of return of income under s.139

SHRI VIJAY KUMAR,JAIPUR vs. INCOME TAX OFFICER, WARD-4-1, JAIPUR

In the result, the ground of appeal is allowed

short term capital gains.” 8. In this regard, the assessee has raised a preliminary objection stating that the assessment was reopened on the ground that the assessee has made an investment in time deposit however, no such addition was finally made and the addition was made towards capital gains and income from other sources. It was submitted that

MANJU BANSAL,JAIPUR vs. ITO, JAIPUR

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

property (91, R. K. Puram) determined short term Capital Gain of Rs.705720/-by applying the sales consideration of Rs.1021000/- and cost of acquisition of Rs.315280/- without allowing any cost of improvement towards construction of complete residential house

NIKHIL KHANDELWAL,KOTA vs. ITO WD-2(2), KOTA

In the result, the appeal of the assessee is allowed

Bench: The Hearing.”

house property losses against short term capital gain which in contravention with the provision of Income Tax Act, 1961. Such