NIRMAL KUMAR AGRAWAL,JAIPUR vs. DCIT, CIRCLE - 4 , JAIPUR

In the result, the appeal of the assessee is allowed

Capital Gain 15,72,409/- 58-62 Offered in IDS At this juncture, reliance is placed on decision of Hon’ble Apex court in the case of Killick Nixon Ltd., Mumbai vs Deputy Commissioner Of Income Tax, wherein it has been held as under: “As far as the provisions of KVSS are concerned, we agree with the contention

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

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

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

Capital Gain by making cash payment to the person or his agent/ associate involved in providing such accommodation entry. The aforesaid evidences/ copies of statement/ documents/ loose pipers may be submitted to this office latest by 10.8 2018 The Ld. AO responded vide letter dated 10-08-2018.” CO No. 15 & 16/JP2020 & others ACIT vs. Sh. Ramesh Kumar Mantri

FEDERATION OF RAJASTHAN TRADE AND INDUSTRY,JAIPUR vs. ITO-EXEMPTION WARD-2, JAIPUR

In the result, the appeal filed by the assessee is allowed for statistical purposes

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

gains, assessee claimed cost of acquisition being fair market value as on 1-4- 1981 Assessing Officer held that there was no cost incurred for purchase/acquisition of tenancy rights and accordingly took cost of acquisition at nil Whether case of assessee fell under section 49(1)(iii)(a) and once capital asset in question became property of assessee

JUHI BHANDARI, JAIPUR,JAIPUR vs. DCIT CIRCLE (INTL TAX), JAIPUR, JAIPUR

In the result, both appeals of the assessee are allowed

Gains earned by the assessee was deposited under Capital\nGains Account scheme wherefrom the amount was paid to the builder [PB\n180-183]. The said document was shown to the Assessing Officer during the\ncourse of assessment proceedings. He was satisfied and hence, no adverse\nview was taken.\n21. 5. That further entire addition of Rs.1

SHRI RAM NARAIN YADAV,JAIPUR vs. INCOME TAX OFFICER, WARD-3-2, JAIPUR

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

capital gain to the extent of Rs. 17,60,846/- which he believed has escaped assessment. The reassessment was completed

SHRI RAM NARAIN YADAV,JAIPUR vs. INCOME TAX OFFICER, WARD-3-2, JAIPUR

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

capital gain to the extent of Rs. 17,60,846/- which he believed has escaped assessment. The reassessment was completed

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

In the result, the ground of appeal is allowed

reassessment order passed as illegal, unjustified and void-ad-initio. 2. That on the facts and circumstances of the case and in law, the learned Commissioner of Income Tax (Appeals) grossly erred in sustaining an addition of Rs. 3,29,302/- as short term capital gains

MAHAVEER YADAV,JAIPUR vs. ITO, JAIPUR

In the result, the appeal of the assessee is partly allowed for statistical purposes

capital gains tax. It has also been contended that the deduction towards the cost of land has not been allowed while determining the income under the head profit and gains from business. 11. Briefly stated, the facts of case are that basis receipt of the AIR information, the Assessing Officer observed that there is a cash deposit

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR vs. M/S VISION ESTATES PVT. LTD., JAIPUR

In the result, the appeals of the revenue stands dismissed

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

capital asset within the meaning of section 2(14) of the I.T. Act, 1961. Accordingly capital gain tax is leviable on compulsory acquisition of the land. In this connection it is submitted that the above said finding of the ld. AO was based on the enquiries made from the Tehsildar, Sanganer vide his letter dated 14.11.2019 and 15.11.2019 and also

DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-3, JAIPUR vs. M/S CHOKHI DHANI DEVELOPERS PVT. LTD., JAIPUR

In the result, the appeals of the revenue stands dismissed

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

capital asset within the meaning of section 2(14) of the I.T. Act, 1961. Accordingly capital gain tax is leviable on compulsory acquisition of the land. In this connection it is submitted that the above said finding of the ld. AO was based on the enquiries made from the Tehsildar, Sanganer vide his letter dated 14.11.2019 and 15.11.2019 and also