SH. KESAR LAL BAIRWA,A-24, VARUN COLONY, MANDARA STAND, NEW SANGANER ROAD, MANSAROVAR, JAIPUR vs. ITO, WARD-2(4), JAIPUR

In the result, appeal of the assessee is dismissed

Bench: HON’BLE SHRI SANDEEP GOSAIN (Judicial Member)

exempt. The AO, in the reassessment proceedings rejected the claim of assessee that the amount so received being capital receipt

MAHESH KUMAR AGRAWAL,JAIPUR vs. ACIT CIRCLE 7 JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed

exemption which was simultaneously supported by the payment of tax along with due interest, has been accepted by the AO during reassessment

M/S. RAJDHANI CRAFTS,JAIPUR vs. ACIT, CIRCLE-4 JAIPUR

In the result, this appeal of the assessee is allowed

reassess the income of the assessee by disallowing the claim of exemption U/s 10B of the Act. He has further

VIMAL KUMAR AGARWAL,JAIPUR vs. INCOME TAX OFFICER, JAIPUR

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

Bench: Or At The Time Of Hearing Of Appeal.” 2. The Assessee Has Also Raised Additional Ground As Under:- “1. That Principal Commissioner Has Not Accorded Proper Satisfaction In Terms Of Section 151 For Reopening Of Assessment U/ 148.” 3. Since, The Additional Ground Is Legal In Nature & Was Raised In Respect Of The Approval Granted By The Pr. Cit U/S 151 Of The Act

exempt under the provisions of the Act but the element of income being the capital gain is certain in the transaction of sale of the immovable property in question. Though the assessee has claimed deduction u/s 54F of the Act, however, the deduction claimed by the assessee during the reassessment

INSTITUTE MANAGEMENT COMMITTEE ITI JHALAWAR ,JHALAWAR vs. ITO WARD JHALAWAR, JHALAWAR

The appeals of the assessee are hereby allowed

exemption or\nclaim or deduction can be made, for this kindly refer following decisions:\n(a) In the case of CIT vs. Shri Ram Singh 306 ITR 0343 (Raj.) he Hon'ble High\nCourt Of Rajasthan Held that It is only when, in proceedings under s.147 the AO\nassesses or reassesses

INSTITUTE MANAGEMENT COMMITTEE ITI JHALAWAR,JHALAWAR vs. ITO WARD JHALAWAR, JHALAWAR

The appeals of the assessee are hereby allowed

exemption or\nclaim or deduction can be made, for this kindly refer following decisions:\n(a) In the case of CIT vs. Shri Ram Singh 306 ITR 0343 (Raj.) he Hon'ble High\nCourt Of Rajasthan Held that It is only when, in proceedings under s.147 the AO\nassesses or reassesses

PRADEEP KUMAR,JHUJHUNU vs. ITO WARD -2, JHUJHUNU

In the result, appeal of the assessee is allowed

Bench: HON’BLE SHRI SANDEEP GOSAIN (Judicial Member)

EXEMPTION) vs. B.P. Poddar Foundation For Education Sep 13, 2022 (2022) 115 CCH 0026 KolHC Reassessment— Reopening of assessment—Assessee

SHRI DIGAMBER JAIN ATIKSHAYA KESHTRA,PADAMPUA vs. ITO EXEMPTION WARD 1, KAILASH HEIGHTS

In the result appeal of the assessee is partly allowed

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

reassessment proceedings being illegal and without jurisdiction. 4. In the facts and circumstances of the case and in law, Ld CIT(A) has erred in confirming the action of ld. AO of not allowing exemption

SONU AGARWAL ,JAIPUR vs. INCOME TAX OFFICER WARD 1(3), JAIPUR

In the result, the appeal of the assessee is allowed

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

exempt u/s 10(38) of the Act and addition of Rs. 49,552/- on account of commission] Since the initiation of reassessment

NARESH KUMAR ARORA,JAIPUR vs. DCIT, CIRCLE-6, JAIPUR

In the result, the appeal of the assessee is allowed

exempt income was already examined by the AO at the time of regular scrutiny assessment and then issuance of notice for reassessment

PINK CITY JEWEL HOUSE PRIVATE LIMITED ,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL), JAIPUR

reassess the earlier\nassessment in terms of section 147 or carry out rectification u/s 154 of the Act. He can't\nusurp the power of the CIT and recommend a revision.\nNo overlapping of powers of the authorities under the Act can be permitted. As the\nrevision proceedings in this case have triggered with the AO sending a proposal

PAPPU JAISWAL,JAIPUR vs. INCOME TAX OFFICER WARD 2(2), JAIPUR

In the result, the appeal of the assessee is allowed

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

reassessment order was passed without disposing of assessee’s objections to reopening of assessment and without passing a speaking order, same was unjustified. Court also held that where claim of assessee of exemption

SUSHILA CHOUDHARY,JAIPUR vs. INCOME TAX OFFICER, NFAC, NFAC, DELHI

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

exempted under the Income Tax Act.\nOf course, it may be desirable, from the point of view of revenue\nauthorities, to examine the matter in detail, but then reassessment

SPECTRUM FOODS LIMITED,JAIPUR vs. INCOME TAX OFFICER, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

exempt under section 10(38), since said transactions of sale and purchase of shares were admitted by assessee and it had not brought on record anything to suggest that reassessment

SH. ASHOK KUMAR PORWAL,JHALAWAR vs. JCIT, RANGE-1, KOTA, KOTA

In the result, appeal of the assessee is partly allowed

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

exempt under section 10(38), since said transactions of sale and purchase of shares were admitted by assessee and it had not brought on record anything to suggest that reassessment

INCOME TAX OFFICER , EXEMPTION, WARD, JAIPUR vs. RAJASTHAN CRICKET ASSOCIATION , JAIPUR

In the result, appeal of the revenue is dismissed

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

Exemptions) had an opportunity to verify any separate claim, which was exercised by the Ld AO and provided the effect of the Ld CIT order after verifying all the facts of the case and reassessing

ALOK KUMAR JAIN ,PEARL PLEASURE vs. ACIT CIR-6, JAIPUR, NEW CERNTRAL REVENUE BUILDING, BHAGWAN DASS ROAD, JAIPUR, RAJASTHAN,

Bench: Him.

exemption is found correct and justified. Since the very basis of proceeding is non-existent and found to be non-existent despite there being lack of approval under the law, therefore, reassessment

ALL RAJASTHAN STATE BANK OF BIKANER AND JAIPUR EMPLOYEES ASSOCIATION,JAIPUR vs. INCOME TAX OFFICER (EXEMPTION), WARD - 1, JAIPUR

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

reassessment proceedings completed by the A.O. are vitiated when the A.O. has not supplied the reasons to the assessee. The ld AR has further contended that the assessee is a registered Trade Union and therefore, the assessee is eligible for exemption