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

RAJ KUMAR JAIN,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE – 2, JAIPUR, JAIPUR

In the result, appeal of the assessee is allowed

12 Shri Raj Kumar Jain, Jaipur. (ii) F.No. 286/98/2013-IT (Inv.11) dated 18.12.2014 Admissions of Undisclosed Income under coercion/pressure during Search/Survey Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated- 18th December, 2014 To 1. All Principal Chief Commissioners of Income Tax 2. All Chief Commissioners of Income Tax 3. All Directors General of IncomeTax

RAKESH KUMAR JAIN,JAIPUR vs. DCIT,CIRCLE-2, JAIPUR, JAIPUR

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

Bench: Or At The Time Of Hearing Of The Appeal & / Or Modify Any Of The Above Grounds.

c) Assessing Officer alleged that assessee had concealed its income, orders imposing penalty were invalid and liable to be cancelled. [In favor of assessee] 8 RAKESH KUMAR JAIN VS DCIT, CIRCLE-2, JAIPUR 8 In view of the above facts and judicial decisions, the penalty imposed by the AO and confirmed by the CIT(A) may kindly be cancelled Submission

AJOY SHARMA ,JAIPUR vs. DCIT CENTRAL CIRCLE-1, JAIPUR, JAIPUR

reassessment - Assessee filed a fresh\nreturn and paid differential tax and interest - Assessment was completed with no\naddition to disclosed income - However, Revenue imposed a penalty under\nSection 271(1)(c), alleging concealment of income or furnishing inaccurate\nparticulars of income - First Appellate Authority cancelled penalty due to lack of\nestablished concealment of income - Tribunal dismissed revenue's appeal

AJOY SHARMA,JAIPUR vs. DCIT CENTRAL CIRCLE-1, JAIPUR, JAIPUR

reassessment - Assessee filed a fresh\nreturn and paid differential tax and interest - Assessment was completed with no\naddition to disclosed income - However, Revenue imposed a penalty under\nSection 271(1)(c), alleging concealment of income or furnishing inaccurate\nparticulars of income - First Appellate Authority cancelled penalty due to lack of\nestablished concealment of income - Tribunal dismissed revenue's appeal

AJOY SHARMA ,JAIPUR vs. DCIT CENTRAL CIRCLE-1, JAIPUR, JAIPUR

reassessment - Assessee filed a fresh\nreturn and paid differential tax and interest - Assessment was completed with no\naddition to disclosed income - However, Revenue imposed a penalty under\nSection 271(1)(c), alleging concealment of income or furnishing inaccurate\nparticulars of income - First Appellate Authority cancelled penalty due to lack of\nestablished concealment of income - Tribunal dismissed revenue's appeal

AJOY SHARMA ,JAIPUR vs. DCIT CENTRAL CIRCLE-1, JAIPUR, JAIPUR

reassessment - Assessee filed a fresh\nreturn and paid differential tax and interest - Assessment was completed with no\naddition to disclosed income - However, Revenue imposed a penalty under\nSection 271(1)(c), alleging concealment of income or furnishing inaccurate\nparticulars of income - First Appellate Authority cancelled penalty due to lack of\nestablished concealment of income - Tribunal dismissed revenue's appeal

AJOY SHARMA ,JAIPUR vs. DCIT CENTRAL CIRCLE-1, JAIPUR, JAIPUR

reassessment - Assessee filed a fresh\nreturn and paid differential tax and interest - Assessment was completed with no\naddition to disclosed income - However, Revenue imposed a penalty under\nSection 271(1)(c), alleging concealment of income or furnishing inaccurate\nparticulars of income - First Appellate Authority cancelled penalty due to lack of\nestablished concealment of income - Tribunal dismissed revenue's appeal

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

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

12-3-1957, the ITO issued a notice calling upon the assessee\nto show cause as to why, in respect of the assessment year 1954-55, the\nassessee should not be treated as an agent under section 43 in respect of certain\nnon-residents. The case of the assessee, inter alia, was that the proposed action\nwas barred by limitation

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

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

reassessment or recomputation may be taken.\nSection 251 reads as follows :\nPowers of the [Joint Commissioner (Appeals) or the] Commissioner\n(Appeals).\n251. (1) In disposing of an appeal, the Commissioner (Appeals) shall have the\nfollowing powers—\n(a)\nin an appeal against an order of assessment, he may confirm, reduce,\nenhance or annul the assessment:\n[Provided that where

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

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

reassessment or recomputation may be taken.\nSection 251 reads as follows :\nPowers of the [Joint Commissioner (Appeals) or the] Commissioner\n(Appeals).\n251. (1) In disposing of an appeal, the Commissioner (Appeals) shall have the\nfollowing powers—\n(a)\nin an appeal against an order of assessment, he may confirm, reduce,\nenhance or annul the assessment:\n[Provided that where

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

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

12-3-1957, the ITO issued a notice calling upon the assessee\nto show cause as to why, in respect of the assessment year 1954-55, the\nassessee should not be treated as an agent under section 43 in respect of certain\nnon-residents. The case of the assessee, inter alia, was that the proposed action\nwas barred by limitation

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

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

12-3-1957, the ITO issued a notice calling upon the assessee\nto show cause as to why, in respect of the assessment year 1954-55, the\nassessee should not be treated as an agent under section 43 in respect of certain\nnon-residents. The case of the assessee, inter alia, was that the proposed action\nwas barred by limitation

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

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

12-3-1957, the ITO issued a notice calling upon the assessee\nto show cause as to why, in respect of the assessment year 1954-55, the\nassessee should not be treated as an agent under section 43 in respect of certain\nnon-residents. The case of the assessee, inter alia, was that the proposed action\nwas barred by limitation

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

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

12-3-1957, the ITO issued a notice calling upon the assessee\nto show cause as to why, in respect of the assessment year 1954-55, the\nassessee should not be treated as an agent under section 43 in respect of certain\nnon-residents. The case of the assessee, inter alia, was that the proposed action\nwas barred by limitation

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

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

12-3-1957, the ITO issued a notice calling upon the assessee\nto show cause as to why, in respect of the assessment year 1954-55, the\nassessee should not be treated as an agent under section 43 in respect of certain\nnon-residents. The case of the assessee, inter alia, was that the proposed action\nwas barred by limitation

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

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

12-3-1957, the ITO issued a notice calling upon the assessee\nto show cause as to why, in respect of the assessment year 1954-55, the\nassessee should not be treated as an agent under section 43 in respect of certain\nnon-residents. The case of the assessee, inter alia, was that the proposed action\nwas barred by limitation

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

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

reassessment or recomputation may be taken.\nSection 251 reads as follows :\n70\nPowers of the [Joint Commissioner (Appeals) or the] Commissioner\n(Appeals).\n251. (1) In disposing of an appeal, the Commissioner (Appeals) shall have the\nfollowing powers—\n(a)\nin an appeal against an order of assessment, he may confirm, reduce,\nenhance or annul the assessment:\n[Provided that