YOGESH GINNING MILL, PROP. YOGESH CHAND GUPTA,GOVINDGARH vs. ACIT, CIRCLE I, ALWAR

In the result, the appeals filed by the assessee are allowed

Bench: This Tribunal Which Were Passed By The Commissioner Of Income Tax (Appeal)- 4, Jaipur [ For Short Cit(A) ] Passed On Dates & F For The Assessment Years Mentioned As Tabulated Here In Below, In Turn Those Orders Were Arises Because The Assessee Has Yogesh Ginning Mill Vs. Acit

unexplained cash credits, which was made in the assessment order dated 27.12.2019 passed u/s 143(3) r.w.s 153C of the Act without appreciating the facts and submissions made and documents submitted during the course of assessment proceedings, which is unjustified, unwarranted and excessive. 5) That the Learned CIT(A) has erred in law and on facts in upholding the addition

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)

credit of such receipt on a/c of alleged unaccounted sales may kindly be allowed. We by way of this affidavit hereby confirm that in future we will never challenge that the same has been considered in wrong hands.” Thus, the claim of the assessee company that the business was run as AOP has no basis and it is apparent from

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)

credit of such receipt on a/c of alleged unaccounted sales may kindly be allowed. We by way of this affidavit hereby confirm that in future we will never challenge that the same has been considered in wrong hands.” Thus, the claim of the assessee company that the business was run as AOP has no basis and it is apparent from

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)

Penalty u/s 271(1)(c) by AO CIT(A) ITAT levied by AO and Order Date Order dated confirmed by CIT(A) 15.04.2018 13.04.2018 Appeal No. Appeal No. ITA 544/JPR/14-15 No. 755/JP/2015 Unexplained 85,42,800 85,42,800 85,42,800 Investment 28,39,991 Cash Credits

RASAL BUILDERS & DEVELOPERS PVT. LTD.,JAIPUR vs. ITO, JAIPUR

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

Bench: Us. 2 M/S Rasal Builders & Developers Pvt. Ltd. Vs. Ito

penalty u/s 271(1) (c) of Rs. 7,73,859/- levied by ITO, Ward 3 (1), Jaipur for A.Y. 2005-06 vide his order dated 22.03.2013 on the following undisclosed income: a) cash credits from agriculturists Rs. 2,79,500/- b) Unsecured loans taken through cheque Rs. 8,30,000/- c) Advances received against flat bookings

UPENDRA KUMAR SONI,KOTA vs. ACIT, CENTRAL CORCLE-KOTA, KOTA

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

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI GAGAN GOYAL (Accountant Member)

unexplained cash credit u/s 68 of the IT Act. In the absence of any arguments advanced by the appellant in support of this ground of appeal, the same is decided on merits of the case. Hon'ble Supreme Court Of India in the case of Ram Chandra Singh Vs. Commissioner of Income-tax [2024] 164 taxmann.com 668 (SC) dismissed

UPENDRA KUMAR SONI,KOTA vs. ACIT, CENTRAL CIRCLE-KOTA, CENTRAL CIRCLE, KOTA

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

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI GAGAN GOYAL (Accountant Member)

unexplained cash credit u/s 68 of the IT Act. In the absence of any arguments advanced by the appellant in support of this ground of appeal, the same is decided on merits of the case. Hon'ble Supreme Court Of India in the case of Ram Chandra Singh Vs. Commissioner of Income-tax [2024] 164 taxmann.com 668 (SC) dismissed

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

credit of such receipt on a/c of alleged\nunaccounted sales may kindly be allowed. We by way of this affidavit\nhereby confirm that in future we will never challenge that the same has\nbeen considered in wrong hands.\"\nThus, the claim of the assessee company that the business was run as AOP has\nno basis and it is apparent from

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

credit of such receipt on a/c of alleged\nunaccounted sales may kindly be allowed. We by way of this affidavit\nhereby confirm that in future we will never challenge that the same has\nbeen considered in wrong hands.\"\nThus, the claim of the assessee company that the business was run as AOP has\nno basis and it is apparent from

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

credit of such receipt on a/c of alleged\nunaccounted sales may kindly be allowed. We by way of this affidavit\nhereby confirm that in future we will never challenge that the same has\nbeen considered in wrong hands.\"\nThus, the claim of the assessee company that the business was run as AOP has\nno basis and it is apparent from

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

credit of such receipt on a/c of alleged\nunaccounted sales may kindly be allowed. We by way of this affidavit\nhereby confirm that in future we will never challenge that the same has\nbeen considered in wrong hands.\"\nThus, the claim of the assessee company that the business was run as AOP has\nno basis and it is apparent from

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

credit of such receipt on a/c of alleged\nunaccounted sales may kindly be allowed. We by way of this affidavit\nhereby confirm that in future we will never challenge that the same has\nbeen considered in wrong hands.\nThus, the claim of the assessee company that the business was run as AOP has\nbasis and it is apparent from

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

credit of such receipt on a/c of alleged\nunaccounted sales may kindly be allowed. We by way of this affidavit\nhereby confirm that in future we will never challenge that the same has\nbeen considered in wrong hands.\"\nThus, the claim of the assessee company that the business was run as AOP has\nno basis and it is apparent from

KANHIAYA LAL SAIN,JAIPUR vs. JCIT RANGE-7 JAIPUR, JAIPUR

In the result, the Appeals of the appellant stands allowed with no orders as to costs

Bench: SHRI SANDEEP GOSAIN (Judicial Member)

unexplained cash credit u/s 68—Transaction was carried out with father of assessee—Provision of s. 269SS was brought under statue to discourage assessee to justify their unaccounted money—However, in case on hand, there was no allegation that assessee had introduced unaccounted money in his business—Thus, keeping in view object of provision of s. 269SS, cash transaction which

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

credit of such receipt on a/c of alleged\nunaccounted sales may kindly be allowed. We by way of this affidavit\nhereby confirm that in future we will never challenge that the same has\nbeen considered in wrong hands.\nThus, the claim of the assessee company that the business was run as AOP has\nno basis and it is apparent from

DCIT, CIRCLE-6, JAIPUR, NCRB, JAIPUR vs. PARADISE PROPERTIES, SAROJNI MARG, JAIPUR

In the result appeal filed by the revenue is partly allowed

Bench: The Ld. Cit(A).

u/s 68 on account of unexplained cash credits to Rs. 12,86,82,500/- from Rs. 17,25,82,500/-. Thus, the total income was determined at Rs. 13,07,33,230/-. Aggrieved with the order of the Learned Assessing Officer, the assessee went in appeal before the Learned CIT(A). Before the Learned CIT(A), the main plea

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

credit of such receipt on a/c of alleged\nunaccounted sales may kindly be allowed. We by way of this affidavit\nhereby confirm that in future we will never challenge that the same has\nbeen considered in wrong hands.\nThus, the claim of the assessee company that the business was run as AOP has\nno basis and it is apparent from

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

credit of such receipt on a/c of alleged\nunaccounted sales may kindly be allowed. We by way of this affidavit\nhereby confirm that in future we will never challenge that the same has\nbeen considered in wrong hands.\"\nThus, the claim of the assessee company that the business was run as AOP has\nno basis and it is apparent from

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

credit of such receipt on a/c of alleged\nunaccounted sales may kindly be allowed. We by way of this affidavit\nhereby confirm that in future we will never challenge that the same has\nbeen considered in wrong hands.\"\nThus, the claim of the assessee company that the business was run as AOP has\nno basis and it is apparent from