SHIV VEGPRO PRIVATE LIMITED ,KOTA vs. PCIT-UDAIPUR , UDAIPUR

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

reassessment order subjected to revision passed on 15.04.2021\nwhereas the Checkmate (Supra) decision came one and a half year later\nthereto i.e. 12.10.2022. Therefore, the CIT could not have found any\nfault in the assessment order or could neither held as the subject\nreassessment as erroneous nor prejudicial to the revenue interest. On\nthis is aspect the law is well

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

section 80IA(10)\nand passed the assessment order dated 28.03.2013 [PB 48-49] without\nmaking any additions and accepted the returned Income of the assessee and\nby allowing the claim of deduction u/s 10AA of the assessee company.\n1.10. That thereafter scrutiny assessment orders u/s. 143(3) of the Act for\n assessment year 2011-2012 was passed

DCIT, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. KAMLAPRABHA L/H OF LATE SHRI GOPAL LAL JI GOSWAMI, KOTA

In the result, the appeal of the revenue is dismissed and the Cross objection of the assessee is disposed off in terms of the observation made herein above

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

Section 153C of the Income-tax Act, 1961 - Search and seizure - Assessment of any other person (Validity of) - Assessment year 2007- 08 - In appellate proceedings, Tribunal recorded a finding that satisfaction for initiation of proceedings under section 153C was recorded by Assessing officer on 02-02-2015 - Tribunal thus opined that Assessing Officer could not have initiated and passed

GCK STOCK PRIVATE LIMITED,JAIPUR vs. ITO WD 1(4), JAIPUR, JAIPUR

In the result, the appeal of the assessee is partly allowed\nOrder pronounced in the open court on 06/05/2025

207-216).\n3.2\nIn response to the same the assessee e-filed ITR on 16/08/2022vide\nAck. 428497880160822 with same total income.\n3.3\nThereafter notices were issued by the FAO u/s.142(1) on 18.01.2023\ncalling upon several information as per Annexure. The same was complied with\nby the assessee on 02.02.2023 in which necessary documents were submitted.\nThereafter the FAO issued

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)

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

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

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

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

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

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

section\n11 (2) and 11(1)(a) of the\nAct\n33,50,772/-\n33,50,772/-\n5.\nUnverifiable Creditors\n16,75,286/-\n16,75,286/-\n6.\n15% of Construction\nExpenses\n1,20,00,440/-\n1,20,00,440/-\n7.\nDisallowance of Rs\n3,69,567 out of total\nexpenses

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

section\n11 (2) and 11(1)(a) of the\nAct\n33,50,772/-\n33,50,772/-\n\n5.\nUnverifiable Creditors\n16,75,286/-\n16,75,286/-\n\n6.\n15% of Construction\nExpenses\n1,20,00,440/-\n1,20,00,440/-\n\n7.\nDisallowance of Rs\n3,69,567 out of total\nexpenses

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

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

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

BRAND INDIA REAL ESTATE PRIVATE LIMITED,JAIPUR vs. INCOME TAX OFFICER WARD 6(1), JAIPUR

In the result, appeal of the assessee is allowed

207 CTR (Del) 38 (supra).\n\"Income—Cash credit—Share application money—Burden of proof can seldom be discharged to\nthe hilt by the assessee-If the AO harbours doubts of the legitimacy of any subscription he is\nempowered, nay duty-bound, to carry out thorough investigations—But if the AO fails to unearth\nany wrong or illegal dealings

DURGA PRASAD SHARMA,JAIPUR vs. I.T.O. WARD 1(1), JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed

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

reassessment on the basis of credible and specific information received from the Directorate of Income Tax (Investigation), Jamshedpur, and corroborated by the Commercial Taxes Department, Government of Jharkhand, indicating that M/s Sidhi Vinayak Metal & Salt Company Pvt. Ltd. was a known entry operator engaged in issuing bogus purchase bills without actual supply of goods. A list of beneficiaries of such

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

SHRI SATISH CHANDRA KATTA,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, JAIPUR

reassessment\nproceedings. The assessee is also directed to cooperate fully during the\nproceedings.\nSATISH CHAND KATTA for ITA No. 439/JPR/2018 (AY 2013-14)\nGROUND NO. 1\n48. During the course of the hearing before us, the ld. AR of the assessee stated\nat the bar that he did not wish to press Ground No. 1. Accordingly, Ground

BALVEER SINGH,JAIPUR vs. ITO WARD 3(3) JAIPUR, INCOME TAX DEPARTMENT

section 147, read with\nsection 148, of the Act, without considering the Return of Income filled by the\nAssessee.\nii) On the facts and circumstances of the case, the reasons recorded for\nreopening of Assessment are bad as the proceedings initiated without\nconsidering one of the business of the assessee as a builder and consequently\nthe assessment proceedings are null