GHANSHYAM TAK,NAYA GHAR AJMER vs. DCIT CENTRAL CIRCLE AJMER, JAIPUR ROAD AJMER

In the result, appeal of the assessee is allowed

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

250 of the IT Act, 1961 for the assessment year 2020-21. The assessee has raised the following grounds :- 1. The orders passed by the authorities below in so far as they are against the appellant are opposed to law, equity, weight of evidences, facts and circumstances of the case and are therefore liable to be quashed

R P WOOD PRODUCTS PRIVATE LIMITED,AJMER vs. DCIT CENTRAL CIRCLE AJMER, JAIPUR ROAD AJMER

In the result, appeal of the assessee is allowed

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

250 of the IT Act, 1961 for the assessment year 2019-20. The assessee has raised the following grounds :- 1. The orders passed by the authorities below in so far as they are against the appellant are opposed to law, equity, weight of evidences, facts and circumstances of the case and are therefore liable to be quashed

DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. M/S GOKUL KRIPA COLONIZERS & DEVELOPERS PVT. LTD., JAIPUR

In the result, the appeals of the revenue stands dismissed, and the

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

250/- 13 1178/JP/2025 2021-22 19.06.2025 Levy of penalty u/s 271E of the Act vide order dated 28.08.2023 for an amount of Rs. 6,99,87,788/- Against all these appeals of the revenue the assessee preferred cross objections which were numbered as CO/39/JP/2025 to CO/46/JP/2025. 2. As agreed by the parties the lead case of revenue is considered

DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. M/S GOKUL KRIPA COLONIZERS & DEVELOPERS PVT. LTD., JAIPUR

In the result, the appeals of the revenue stands dismissed, and the

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

250/- 13 1178/JP/2025 2021-22 19.06.2025 Levy of penalty u/s 271E of the Act vide order dated 28.08.2023 for an amount of Rs. 6,99,87,788/- Against all these appeals of the revenue the assessee preferred cross objections which were numbered as CO/39/JP/2025 to CO/46/JP/2025. 2. As agreed by the parties the lead case of revenue is considered

DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. M/S GOKUL KRIPA COLONIZERS & DEVELOPERS PVT. LTD., JAIPUR

In the result the appeal of the revenue in ITA no

250/-\n13\n1178/JP/2025\n2021-22\n19.06.2025\nLevy of penalty u/s 271E of the Act\nvide order dated 28.08.2023 for an\namount of Rs.6,99,87,788/-\nAgainst all these appeals of the revenue the assessee preferred\ncross objections which were numbered as CO/39/JP/2025 to\nCO/46/JP/2025.\n2.\nAs agreed by the parties the lead case of revenue is considered in\nITA

DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. M/S GOKUL KRIPA COLONIZERS & DEVELOPERS PVT. LTD., JAIPUR

In the result the appeal of the revenue in ITA no

250/-\n13\n1178/JP/2025\n2021-22\n19.06.2025\nLevy of penalty u/s 271E of the Act\nvide order dated 28.08.2023 for an\namount of Rs.6,99,87,788/-\nAgainst all these appeals of the revenue the assessee preferred\ncross objections which were numbered as CO/39/JP/2025 to\nCO/46/JP/2025.\n2.\nAs agreed by the parties the lead case of revenue is considered in\nITA

VISION JEWELLERS,JAIPUR vs. DCIT, CIRCLE-1, JAIPUR, JAIPUR

In the result the appeal of the assessee is allowed

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

section 271(1)(c). 15 VISION JEWELLERS VS DCIT CIRCLE-1, JAIPUR In view of the above, penalty levied by the ld. AO deserves to be deleted as the same has been levied in a mechanical manner and without application of mind.’’ 5. On the other hand, the ld. DR supported the order

DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. M/S GOKUL KRIPA COLONIZERS & DEVELOPERS PVT. LTD., JAIPUR

In the result the appeal of the revenue in ITA no

250/-\n13\n1178/JP/2025\n2021-22\n19.06.2025\nLevy of penalty u/s 271E of the Act\nvide order dated 28.08.2023 for an\namount of Rs.6,99,87,788/-\nAgainst all these appeals of the revenue the assessee preferred\ncross objections which were numbered as CO/39/JP/2025 to\nCO/46/JP/2025.\n2.\nAs agreed by the parties the lead case of revenue is considered in\nITA

DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. M/S GOKUL KRIPA COLONIZERS & DEVELOPERS PVT. LTD., JAIPUR

In the result the appeal of the revenue in ITA no

250/-\n13\n1178/JP/2025\n2021-22\n19.06.2025\nLevy of penalty u/s 271E of the Act\nvide order dated 28.08.2023 for an\namount of Rs.6,99,87,788/-\nAgainst all these appeals of the revenue the assessee preferred\ncross\nobjections which were numbered as CO/39/JP/2025 to\nCO/46/JP/2025.\n2.\nAs agreed by the parties the lead case of revenue is considered in\nITA

DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. M/S GOKUL KRIPA COLONIZERS & DEVELOPERS PVT. LTD., JAIPUR

In the result the appeal of the revenue in ITA no

250/-\n13\n1178/JP/2025\n2021-22\n19.06.2025\nLevy of penalty u/s 271E of the Act\nvide order dated 28.08.2023 for an\namount of Rs.6,99,87,788/-\nAgainst all these appeals of the revenue the assessee preferred\ncross objections which were numbered as CO/39/JP/2025 to\nCO/46/JP/2025.\n2.\nAs agreed by the parties the lead case of revenue is considered in\nITA

DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. M/S GOKUL KRIPA COLONIZERS & DEVELOPERS PVT. LTD., JAIPUR

250\n6,99,87,788\nTotal\n66,06,14,144\n24,39,82,885\n2.\nImposition of penalty u/s 271D and 271E of abovementioned acceptance\nand repayment of alleged unsecured loans\n2.1\nIn the assessment order, though the loans were added in the income of\nthe assessee, considering the same as same as \"Unexplained Business receipts\nor unaccounted income

DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. M/S GOKUL KRIPA COLONIZERS & DEVELOPERS PVT. LTD., JAIPUR

In the result the appeal of the revenue in ITA no

250/-\n13\n1178/JP/2025\n2021-22\n19.06.2025\nLevy of penalty u/s 271E of the Act\nvide order dated 28.08.2023 for an\namount of Rs.6,99,87,788/-\nAgainst all these appeals of the revenue the assessee preferred\ncross\nobjections which were numbered as CO/39/JP/2025 to\nCO/46/JP/2025.\n2.\nAs agreed by the parties the lead case of revenue is considered in\nITA

JAMNA DEVI SHARMA,JAIPUR vs. ITO WARD 7(2), JAIPUR

In the result, both the appeals of the assessee are allowed with no orders as to costs

Bench: SHRI SANDEEP GOSAIN (Judicial Member)

section 271(1)(c) i. Mohd. Sharif Khan vs. DCIT, in ITA. No 441/JP/2014 ii. Jai Ambey Associates vs ITO in ITA No. 801/JP/2016 In view of the above, the penalty imposed may please be quashed and the appeal of the assessee Appellant may please be allowed. On the other hand, the ld. DR relied upon the orders

DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. M/S GOKUL KRIPA COLONIZERS & DEVELOPERS PVT. LTD., JAIPUR

In the result the appeal of the revenue in ITA no

250/-\n13\n1178/JP/2025\n2021-22\n19.06.2025\nLevy of penalty u/s 271E of the Act\nvide order dated 28.08.2023 for an\namount of Rs.6,99,87,788/-\nAgainst all these appeals of the revenue the assessee preferred\ncross\nobjections which were numbered as CO/39/JP/2025 to\nCO/46/JP/2025.\n2.\nAs agreed by the parties the lead case of revenue is considered in\nITA

DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. M/S GOKUL KRIPA COLONIZERS & DEVELOPERS PVT. LTD., JAIPUR

In the result the appeal of the revenue in ITA no

250/-\nAgainst all these appeals of the revenue the assessee preferred\ncross objections which were numbered as CO/39/JP/2025 to\nCO/46/JP/2025.\n2.\nAs agreed by the parties the lead case of revenue is considered in\nITA no. 1168/JP/2025 for assessment year 2017-18 and the connected\ncross objection of assessee on it numbered as CO no. 39/JP/2025 is taken

DY. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. M/S GOKUL KRIPA COLONIZERS & DEVELOPERS PVT. LTD., JAIPUR

In the result the appeal of the revenue in ITA no

250/-\nLevy of penalty u/s 271E of the Act\nvide order dated 28.08.2023 for an\namount of Rs.6,99,87,788/-\nAgainst all these appeals of the revenue the assessee preferred\ncross objections which were numbered as CO/39/JP/2025 to\nCO/46/JP/2025.\n2. As agreed by the parties the lead case of revenue is considered in\nITA no. 1168/JP/2025 for assessment year

DAYARAM YADAV,JAIPUR vs. CIT(A), NFAC

In the result, appeal of the assessee is allowed

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

250 of the Act. Merely stating of the fact that due it has not received the notices and that it is in appeal against the assessment order does not help the cause of the assessee. It was duty of the appellant to participate in the assessment proceedings failure to which attracted penalty u/s 271

DCIT CENTRAL CIRCLE AJMER, AJMER vs. YASHWANT KUMAR SHARMA, AJMER

In the result, both the appeal of the revenue stands dismissed

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

271(1)(c) of the Income- tax Act, 1961, are being initiated separately. 7. In view of the above, total income of the assessee is computed as under:- Return Income u/s 153A Rs. 4,11,10,250/- Total Assessed Income Rs. 4,11,10,250/- 6.3 The penalty notice u/s/274 read with section