WHOLE SALE CLOTH MERCHANT ASSOCIATION ,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE KOTA , KOTA

1) of the Act. The total income of the trust (before allowing exemption under sections 11 and 12) exceeds the maximum amounts which is not chargeable to tax, it is required to file its return in Form ITR-7, before the date specified in section 139. However, no return of income was filed. Therefore, the assumption of jurisdiction remained with

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

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

11. However, in case during the search no incriminating material is found, in case of\ncompleted/unabated assessment, the only remedy available to the Revenue would be to\ninitiate the reassessment proceedings under sections 147/48 of the Act. subject to\nfulfilment of the conditions mentioned in sections 147/148, as in such a situation, the\nRevenue cannot be left with no remedy

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

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

1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132 of the Act 1961 in the case\nof various persons of Dewan Group, various bunch of documents and loose\npapers related to shares

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

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

1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132 of the Act 1961 in the case\nof various persons of Dewan Group, various bunch of documents and loose\npapers related to shares

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

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

1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132 of the Act 1961 in the case\nof various persons of Dewan Group, various bunch of documents and loose\npapers related to shares

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

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

1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132 of the Act 1961 in the case\nof various persons of Dewan Group, various bunch of documents and loose\npapers related to shares

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

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

1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132 of the Act 1961 in the case\nof various persons of Dewan Group, various bunch of documents and loose\npapers related to shares

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

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

1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132 of the Act 1961 in the case\nof various persons of Dewan Group, various bunch of documents and loose\npapers related to shares

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

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

1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132 of the Act 1961 in the case\nof various persons of Dewan Group, various bunch of documents and loose\npapers related to shares

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

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

1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132 of the Act 1961 in the case\nof various persons of Dewan Group, various bunch of documents and loose\npapers related to shares

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

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

1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132 of the Act 1961 in the case\nof various persons of Dewan Group, various bunch of documents and loose\npapers related to shares

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

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

1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132 of the Act 1961 in the case\nof various persons of Dewan Group, various bunch of documents and loose\npapers related to shares

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

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

1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called for. In response to these\nnotices, the assessee submitted requisite details/explanation, which have\nbeen examined.\n6. While search and seizure action u/s.132 of the Act 1961 in the case\nof various persons of Dewan Group, various bunch of documents and loose\npapers related to shares

KATRATHAL GRAM SEWA SAHKARI SAMITI LIMITED ,KATRATHAL vs. ITO WARD 1 SIKAR, SIKAR

1)(b) read with Section 11(5)—Amount said to have received as\r\ndonation was added back to income of assessee under Section 69А—CIT(A)\r\naffirmed view taken by Assessing Officer except for granting partial relief such\r\nas with regard to claim for carry forward of depreciation etc—Tribunal after\r\ntaking note of factual position

ASSISTANT COMMISSIONER OF INCOME TAX, JAIPUR vs. JITENDRA KUMAR AGARWAL, JAIPUR

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

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

reassessment, if any, relating to any assessment year falling within the period of six assessment years referred to in this sub-section pending on the date of initiation of the search under Section 132 or making of requisition under Section 132A, as the case may be, shall abate.” What is clear from this is that Section 153A

RAMESH CHAND BANSAL,BEAWAR vs. DCIT, AJMER

In the result, the appeals of the assessee are allowed

reassessment, if any, relating to any assessment year falling within the period of six assessment years referred to in this sub-section pending on the date of initiation of the search under Section 132 or making of requisition under Section 132A, as the case may be, shall abate.” What is clear from this is that Section 153A

ASSISTANT COMMISSIONER OF INCOME TA , JAIPUR vs. SHRI NATH CORPORATION, JAIPUR

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

reassessment, if any, relating to any assessment year falling within the period of six assessment years referred to in this sub-section pending on the date of initiation of the search under Section 132 or making of requisition under Section 132A, as the case may be, shall abate.\" What is clear from this is that Section 153A

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, AJMER vs. M/S SHRI RAJLAXMI DENIM, BHILWARA

In the result, appeal of the revenue is allowed

1) Notwithstanding anything contained in section 139, section 147, section 148, section 149, section 151 and section 153, in the case of a person where a search is initiated under section 132 or books of account, other documents or any assets are requisitioned under section 132A after the 31st day of May, 2003, the Assessing Officer shall— ITA 1134/JP/2018_ 11

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

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

11 taxmann.com 207 (Delhi) wherein it was held where\nincome surrendered by assessee during survey had been shown by it in its regular\nincome-tax return filed within prescribed time, penalty could be imposed. Thus\nthe Ld. CIT(A) has followed the above decisions and deleted the penalty on the\ndeclared income of Rs.1,80,00,000/-. However