ASSISTANT COMMISSIONER OF INCOME-TAX, JAIPUR vs. ROYAL JEWELLERS, JAIPUR

In the result, the appeals filed by the Revenue are dismissed

survey proceedings u/s 133A of\nthe I.T. Act?\"\n3.3 In ITA No. 197/JPR/2024, the Revenue has raised the following\ngrounds of appeal:-\n\"1. 1. Whether on the facts and circumstances of this case, the Ld. CIT(A) is\njustified in deleting the penalty of Rs.1,01,50,594/- u/s 271

RAMESH CHAND BANSAL,BEAWAR vs. DCIT, AJMER

In the result, the appeals of the assessee are allowed

survey u/s 133A was conducted at the business premises of the assessee on 13.10.2010. During the course of search on 13.10.2010, statements of assessee and his wife were recorded u/s 132(4) of the Act, wherein the assessee surrendered a sum of Rs. 25,00,000/- on account of unexplained cash and advances vide

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)

survey action u/s 133A of the Act was carried out on 19-01-2021 by the Income Tax Department on M/s Gokul Kripa Colonizers & Developers Pvt. Ltd (hereinafter referred as GKCDPL or assessee), one of the members of the Gokul Kripa Group. While in search proceeding various incriminating documents were 6 M/s Gokul Kripa Colonisers & Developers Pvt. Ltd. found/seized

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)

survey action u/s 133A of the Act was carried out on 19-01-2021 by the Income Tax Department on M/s Gokul Kripa Colonizers & Developers Pvt. Ltd (hereinafter referred as GKCDPL or assessee), one of the members of the Gokul Kripa Group. While in search proceeding various incriminating documents were 6 M/s Gokul Kripa Colonisers & Developers Pvt. Ltd. found/seized

POOJA UPADHYAY,JAIPUR vs. ITO WARD 5(1), JAIPUR, JAIPUR

In the result, appeal of the assessee is allowed

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

271(1)(c) of IT Act – In this case return was filed on 29.8.1996 – Later on a survey was conducted u/s 133A on 6.2.1997 in the case of a third person Vasumal where an agreement was found disclosing purchase of plot by assessee through Vasumal for a consideration of Rs.13.51 lakh out of which Rs.11 Lakh was paid upto

RAJ KUMAR JAIN,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE – 2, JAIPUR, JAIPUR

In the result, appeal of the assessee is allowed

survey action under section 133A of the Act was carried out by the Income Tax Department on the members of Okay Plus-JKD Group on 04.09.2013 of which the assessee is one of the members. During the course of such actions referred above, cash, jewellery, valuables, stock-in-trade, documents, books of account and/or loose papers were found and seized

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

survey action u/s 133A\nof the Act was carried out on 19-01-2021 by the Income Tax Department\non M/s Gokul Kripa Colonizers & Developers Pvt. Ltd (hereinafter referred\nas GKCDPL or assessee), one of the members of the Gokul Kripa Group.\nWhile in search proceeding various incriminating documents were\nfound/seized including forensic data from premises covered

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

survey action u/s 133A\nof the Act was carried out on 19-01-2021 by the Income Tax Department\non M/s Gokul Kripa Colonizers & Developers Pvt. Ltd (hereinafter referred\nas GKCDPL or assessee), one of the members of the Gokul Kripa Group.\nWhile in search proceeding various incriminating documents were\nfound/seized including forensic data from premises covered

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

survey action u/s 133A\nof the Act was carried out on 19-01-2021 by the Income Tax Department\non M/s Gokul Kripa Colonizers & Developers Pvt. Ltd (hereinafter referred\nas GKCDPL or assessee), one of the members of the Gokul Kripa Group.\nWhile in search proceeding various incriminating documents were\nfound/seized including forensic data from premises covered

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

survey action u/s 133A\nof the Act was carried out on 19-01-2021 by the Income Tax Department\non M/s Gokul Kripa Colonizers & Developers Pvt. Ltd (hereinafter referred\nas GKCDPL or assessee), one of the members of the Gokul Kripa Group.\nWhile in search proceeding various incriminating documents were\nfound/seized including forensic data from premises covered

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

survey action u/s 133A\nof the Act was carried out on 19-01-2021 by the Income Tax Department\non M/s Gokul Kripa Colonizers & Developers Pvt. Ltd (hereinafter referred\nas GKCDPL or assessee), one of the members of the Gokul Kripa Group.\nWhile in search proceeding various incriminating documents were\nfound/seized including forensic data from premises covered

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

survey action u/s 133A\nof the Act was carried out on 19-01-2021 by the Income Tax Department\non M/s Gokul Kripa Colonizers & Developers Pvt. Ltd (hereinafter referred\nas GKCDPL or assessee), one of the members of the Gokul Kripa Group.\nWhile in search proceeding various incriminating documents were\nfound/seized including forensic data from premises covered

LT. SMT. JAMUNA DEVI,BHARATPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE, BHARATPUR

In the result, appeal of the assessee is dismissed

271(1)(c) of the Income Tax Act, 1961 on the additions of Rs.4,14,652/- made by Ld. AO, alleging the same as unaccounted sales arbitrarily solely relying upon conclusions drawn in assessment proceedings though penalty proceedings are separate and distinct proceedings, thus the penalty so confirmed deserves to be deleted. 3. The appellant craves the right

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

survey action u/s 133A\nof the Act was carried out on 19-01-2021 by the Income Tax Department\non M/s Gokul Kripa Colonizers & Developers Pvt. Ltd (hereinafter referred\nas GKCDPL or assessee), one of the members of the Gokul Kripa Group.\nWhile in search proceeding various incriminating documents were\nfound/seized including forensic data from premises covered

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

survey action u/s 133A\nof the Act was carried out on 19-01-2021 by the Income Tax Department\non M/s Gokul Kripa Colonizers & Developers Pvt. Ltd (hereinafter referred\nas GKCDPL or assessee), one of the members of the Gokul Kripa Group.\nWhile in search proceeding various incriminating documents were\nfound/seized including forensic data from premises covered

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

survey action u/s 133A\nof the Act was carried out on 19-01-2021 by the Income Tax Department\non M/s Gokul Kripa Colonizers & Developers Pvt. Ltd (hereinafter referred\nas GKCDPL or assessee), one of the members of the Gokul Kripa Group.\nWhile in search proceeding various incriminating documents were\nfound/seized including forensic data from premises covered

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

survey action u/s 133A\nof the Act was carried out on 19-01-2021 by the Income Tax Department\non M/s Gokul Kripa Colonizers & Developers Pvt. Ltd (hereinafter referred\nas GKCDPL or assessee), one of the members of the Gokul Kripa Group.\nWhile in search proceeding various incriminating documents were\nfound/seized including forensic data from premises covered

SHRI OM PRAKASH MODI,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, JAIPUR

In the result, this appeal of the assessee is partly allowed

Bench: Shri Sandeep Gosain, Jm & Shri Vikram Singh Yadav, Am Vk;Dj Vihy La-@Ita No. 196/Jp/2018 Fu/Kzkj.K O"Kz@Assessment Year :2014-15 Shri Om Prakash Modi, Cuke D.C.I.T., Vs. B-49, Keshav Path, Suraj Nagar Central Circle-2, (West), Civil Lines, Jaipur. Jaipur. Lfkk;H Ys[Kk La-@Thvkbzvkj La-@Pan/Gir No.: Acfpm 8683 C Vihykfkhz@Appellant Izr;Fkhz@Respondent Fu/Kzkfjrh Dh Vksj Ls@ Assessee By: Shri Manish Agarwal (Ca) Jktlo Dh Vksj Ls@ Revenue By : Shri Varinder Mehta (Cit-Dr) Lquokbz Dh Rkjh[K@ Date Of Hearing : 04/03/2021 Mn?Kks"K.Kk Dh Rkjh[K@ Date Of Pronouncement : 18/03/2021 Vkns'K@ Order Per: Sandeep Gosain, J.M. The Present Appeal Has Been Filed By The Assessee Against The Order Of The Ld. Cit(A)-4, Jaipur Dated 01/01/2018 For The A.Y. 2014-15, Wherein The Assessee Has Raised Following Grounds Of Appeal: “1. On The Facts & In The Circumstances Of The Case The Ld. Cit(A) Has Grossly Erred In Confirming The Penalty U/S 271Aab Imposed At Rs. 3,75,00,000/-, Arbitrarily, Thus The Order So Passed Deserves To Be Quashed. 2. On The Facts & In The Circumstances Of The Case The Ld. Cit(A)Has Erred In Ignoring The Fact That The Appellant Has Duly Disclosed In The Statements U/S 132(4) & The Mode & Manner Was Also Explained, Further Due Tax Was Also Paid, Therefore, The Penalty Of Rs. 3,75,00,000/- So Levied Deserves To Be Deleted. 2.1 That The Ld. Cit(A) Has Grossly Erred In Confirming The Penalty Imposed On Additional Income Of Rs. 12,50,00,000/- Duly Offered

survey operation u/s 133A of the act was carried out on 04.09.2013 on the members of Okay plus- JKD group, of which assessee is one of the members. During the course of search, statements of the assessee and other persons were recorded. In the statement of the assessee recorded u/s 132(4) of the Act, income pertaining