PRAMILA AGARWAL,JAIPUR vs. THE INCOME TAX OFFICER WARD-2(5), JAIPUR

In the result, the appeal of the assessee is allowed

reassessment notice under section 148 and order disposing objections were to\nbe quashed - Held, yes [Paras 14 and 15][In favour of assesse]\n\n[2024] 168 taxmann.com 219 (Delhi - Trib.) Archit Gupta v. ACIT*\n\nSection 10(38

TIJARIA POLYPIPES LIMITED,JAIPUR vs. DCIT CIRLCE 4, JAIPUR

10(38),\nsince said transactions of sale and purchase of\nshares were admitted by assessee and it had\nnot brought on record anything to suggest that\nreassessment proceedings were being\nundertaken in arbitrary manner, impugned\nreopening notice was justified.\n21 [2019] 101 taxmann.com\n231\n(Madhya Pradesh) HIGH COURT\nOF MADHYA PRADESH\nEtiam EmediaLtd.v. Income-tax\nOfficer-2(2)\nWhere

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

Bench: Him.

Section 10(38) of the Act as far as claim of exemption of capital gain is concerned. Moreover, agricultural claim is also justified and no further addition required, when after due verification, the basis of 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

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SUBHASH CHANDRA BANKA, JAIPUR

In the result, the appeals of the revenue in ITA No

reassessment proceedings under Section\n147/148 of the Act—by invoking Section 150 and relying on CBDT Instruction No. 1/2023—\nis ex-facie without jurisdiction, contrary to binding judicial precedent, and violative of the\nappellate framework under Sections 250/251 of the Act.\n4. It is therefore humbly prayed that this Hon'ble Tribunal, in exercise of its plenary powers\nunder Section

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SNEHLATA AGARWAL, SIKAR

In the result, the appeals of the revenue in ITA No

10(38) and the resultant\nadditions made u/s 68 and 69C are without jurisdiction.\n\nIn the assessment order, with respect to the first addition, the learned AO has\nreferred to the following material in support of the conclusion drawn regarding the\naddition made in the assessment order: (i) Report of Compliance Officer, Bombay\nStock Exchange, Mumbai regarding details

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. TRILOK DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

reassessment proceedings under Section\n147/148 of the Act—by invoking Section 150 and relying on CBDT Instruction No. 1/2023—\nis ex-facie without jurisdiction, contrary to binding judicial precedent, and violative of the\nappellate framework under Sections 250/251 of the Act.\n\n4. It is therefore humbly prayed that this Hon'ble Tribunal, in exercise of its plenary powers\nunder

DCIT, CC-2, JAIPUR vs. M/S. ROYAL JEWELLERS, JAIPUR

In the result, appeals of the revenue stands dismissed

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

section 153A of the Act is annulled in appeal or any other proceeding. 16. Section 153A bears the heading "Assessment in case of search or requisition". It is "well settled as held by the Supreme Court in a catena of decisions that the heading or the Section Can be regarded as a key to the interpretation of the operative portion

DCIT, CC-2, JAIPUR vs. M/S. ROYAL JEWELLERS, JAIPUR

In the result, appeals of the revenue stands dismissed

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

section 153A of the Act is annulled in appeal or any other proceeding. 16. Section 153A bears the heading "Assessment in case of search or requisition". It is "well settled as held by the Supreme Court in a catena of decisions that the heading or the Section Can be regarded as a key to the interpretation of the operative portion

DCIT, CC-2, JAIPUR vs. M/S. ROYAL JEWELLERS, JAIPUR

In the result, appeals of the revenue stands dismissed

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

section 153A of the Act is annulled in appeal or any other proceeding. 16. Section 153A bears the heading "Assessment in case of search or requisition". It is "well settled as held by the Supreme Court in a catena of decisions that the heading or the Section Can be regarded as a key to the interpretation of the operative portion

DCIT, CENTRAL CIRCLE-1, JAIPUR , JAIPUR vs. USHA BANKA, SIKAR

In the result, the appeals of the revenue in ITA No

section 10(38) of the Act. (Annexure A/1)\nHe also based on the MCA master data submitted that the company has\nfiled its balance sheet with ROC up to 31/03/2020 & last AGM of company\nwas held on 24/12/2020. The share is also traded on BSE. Based on that\nset of facts and decision relied upon he supported his claim

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. PRIYA DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

section 10(38) of the Act. (Annexure A/1)\nHe also based on the MCA master data submitted that the company has\nfiled its balance sheet with ROC up to 31/03/2020 & last AGM of company\nwas held on 24/12/2020. The share is also traded on BSE. Based on that\nset of facts and decision relied upon he supported his claim.\nRecord

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. TRILOK DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

section 10(38) of the Act. (Annexure A/1)\nHe also based on the MCA master data submitted that the company has\nfiled its balance sheet with ROC up to 31/03/2020 & last AGM of company\nwas held on 24/12/2020. The share is also traded on BSE. Based on that\nset of facts and decision relied upon he supported his claim.\nRecord

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SUBHASH CHANDRA BANKA, SIKAR

In the result, the appeals of the revenue in ITA No

section 10(38) of the Act. (Annexure A/1)\nHe also based on the MCA master data submitted that the company has\nfiled its balance sheet with ROC up to 31/03/2020 & last AGM of company\nwas held on 24/12/2020. The share is also traded on BSE. Based on that\nset of facts and decision relied upon he supported his claim

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SARITA DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

section 10(38) of the Act. (Annexure A/1)\nHe also based on the MCA master data submitted that the company has\nfiled its balance sheet with ROC up to 31/03/2020 & last AGM of company\nwas held on 24/12/2020. The share is also traded on BSE. Based on that\nset of facts and decision relied upon he supported his claim

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SARITA DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

section 10(38) of the Act. (Annexure A/1)\nHe also based on the MCA master data submitted that the company has\nfiled its balance sheet with ROC up to 31/03/2020 & last AGM of company\nwas held on 24/12/2020. The share is also traded on BSE. Based on that\nset of facts and decision relied upon he supported his claim

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. USHA BANKA, SIKAR

In the result, the appeals of the revenue in ITA No

section 10(38) of the Act. (Annexure A/1)\nHe also based on the MCA master data submitted that the company has\nfiled its balance sheet with ROC up to 31/03/2020 & last AGM of company\nwas held on 24/12/2020. The share is also traded on BSE. Based on that\nset of facts and decision relied upon he supported his claim

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SNEHLATA AGARWAL, SIKAR

In the result, the appeals of the revenue in ITA No

section 10(38) of the Act. (Annexure A/1)\nHe also based on the MCA master data submitted that the company has\nfiled its balance sheet with ROC up to 31/03/2020 & last AGM of company\nwas held on 24/12/2020. The share is also traded on BSE. Based on that\nset of facts and decision relied upon he supported his claim

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. PRIYA DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

section 10(38) of the Act. (Annexure A/1)\nHe also based on the MCA master data submitted that the company has\nfiled its balance sheet with ROC up to 31/03/2020 & last AGM of company\nwas held on 24/12/2020. The share is also traded on BSE. Based on that\nset of facts and decision relied upon he supported his claim