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

ASSISTANT COMMISSIONER OF INCOME TAX,EXEMPTIONS,CIRCLE,JAIPUR, JAIPUR vs. GLOBAL INSTITUTE OF TECHNOLOGY SOCIETY, JAIPUR RAJASTHAN

In the results the appeal of the revenue stands dismissed

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

c)Income-tax Act by giving interest free advances to persons covered u/s 13(3) Income-tax Act". h. "Whether Id. CIT(A) is justified in holding entire reassessment is considered void and illegal without considering the merits of fact that benefit of the section 11/12 was denied, due to violation of section 13(1

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.

13 The impugned land was about more than 15 kms from the municipal limits as existed on the date of notification. The assessee under a bonafide impression that the agricultural land is not exigible to capital gains tax, did not disclose the profits arising on its sale. The case was selected for scrutiny through CASS which was finalized

INCOME TAX OFFICER (EXEMPTION), JAIPUR vs. M/S APOLLO ANIMAL MEDICAL GROUP TRUST, JAIPUR

In the result, the grounds of appeal taken by the Revenue are dismissed

c)(ii) r.w.s.13(2)(g) of the I.T. Act,1961. 2. On the facts and circumstance of the case and in law the Ld.CIT (Appeals) has erred in ignoring the facts that AO had denied exemption u/s 11 for the year under consideration as no clause of irrevocability mentioned in trust deed and also funds transferred by the trustee

OM KOTHARI FOUNDATION,JAIPUR, RAJASTHAN vs. ITO, (EXEMPTION) WARD-1, JAIPUR, JAIPUR, RAJASTHAN

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

Bench: SHRI SANDEEP GOSAIN (Judicial Member), DR MITHA LAL MEENA (Accountant Member)

reassessment is to be done in two different stages challenging the reasons of reopening and (i) challenging the assessment order. Assessee's challenge to the order of the assessing officer rejecting the objection against the reasons of reopening and assessce's challenge to the assessment order are two separate proceedings. Assessee cannot challenge order of the assessing officer disposing objections

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

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

C-Deductions in respect of certain incomes.\"\r\nno such deduction shall be allowed to him unless he furnishes a return of this\r\nincome for such assessment year on or before the due date specified under\r\nsub-section (1) of Section 139.]\"\r\nOn a perusal of the aforesaid statutory provision, it transpires that sub-section

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

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

reassess taking into consideration the other material in respect of completed\nassessments/unabated assessments. Meaning thereby, in respect of\ncompleted/unabated assessments, no addition can be made by the AO in absence of any\nincriminating material found during the course of search under section 132 or requisition\nunder section 132A of the Act, 1961. However, the completed/unabated assessments\ncan be re-opened

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

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

13-06-\n2019 at the various premises of Dewan Group. The assessee derives\nincome from Business or Profession and Other Source during the year\nunder consideration. Consequent to search action, notice u/s.153A of the\nAct was issued to the assessee on 04-03-2021 which was duly served. In\nresponse to a notice issued u/s 153A, the assessee furnished Return

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

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

13-06-\n2019 at the various premises of Dewan Group. The assessee derives\nincome from Business or Profession and Other Source during the year\nunder consideration. Consequent to search action, notice u/s.153A of the\nAct was issued to the assessee on 04-03-2021 which was duly served. In\nresponse to a notice issued u/s 153A, the assessee furnished Return

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

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

13-06-\n2019 at the various premises of Dewan Group. The assessee derives\nincome from Business or Profession and Other Source during the year\nunder consideration. Consequent to search action, notice u/s.153A of the\nAct was issued to the assessee on 04-03-2021 which was duly served. In\nresponse to a notice issued u/s 153A, the assessee furnished Return

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

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

13-06-\n2019 at the various premises of Dewan Group. The assessee derives\nincome from Business or Profession and Other Source during the year\nunder consideration. Consequent to search action, notice u/s.153A of the\nAct was issued to the assessee on 04-03-2021 which was duly served. In\nresponse to a notice issued u/s 153A, the assessee furnished Return

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

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

13-06-\n2019 at the various premises of Dewan Group. The assessee derives\nincome from Business or Profession and Other Source during the year\nunder consideration. Consequent to search action, notice u/s.153A of the\nAct was issued to the assessee on 04-03-2021 which was duly served. In\nresponse to a notice issued u/s 153A, the assessee furnished Return

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

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

13-06-\n2019 at the various premises of Dewan Group. The assessee derives\nincome from Business or Profession and Other Source during the year\nunder consideration. Consequent to search action, notice u/s.153A of the\nAct was issued to the assessee on 04-03-2021 which was duly served. In\nresponse to a notice issued u/s 153A, the assessee furnished Return