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

In the result, the appeals of the revenue stands dismissed, and the

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

6. Copy of Return of Income for AY 2016-17 where assessee has declared income of Rs.45,14,780/- under the head LTCG exempt under section 10(38) of the Act. (Annexure A/1) He also based on the MCA master data submitted that the company has filed its balance sheet with ROC up to 31/03/2020 & last AGM of company

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

In the result, the appeals of the revenue stands dismissed, and the

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

6. Copy of Return of Income for AY 2016-17 where assessee has declared income of Rs.45,14,780/- under the head LTCG exempt under section 10(38) of the Act. (Annexure A/1) He also based on the MCA master data submitted that the company has filed its balance sheet with ROC up to 31/03/2020 & last AGM of company

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

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

6. CIT(A) EXCEEDED HIS APPELLATE JURISDICTION (SECTION 250/251)\n2.6.i. Under the specific scheme of Income Tax Act, 1961 the CIT(A)'s role is\nappellate which is confined to adjudicating the subject matter of the appeal\nbefore him (i.e. the contested additions/disallowances for that assessment\nyear) - and his powers are circumscribed by Section 251 of the Act. Relevant\nextract

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

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

250. The assessment was completed under Section 153A\nvide order dated 21.09.2021, determining the total income at Rs.73,84,060. This\nresulted in an addition of Rs.42,20,814, which included:\n\na. Disallowance of long-term capital gains exemption of Rs.40,15,061.29 by\ntreating the sale of listed equity shares as a bogus transaction; and\n\nb. Addition

DCIT, CC-2, JAIPUR vs. SHRI VIMAL CHAND SURANA(HUF), JAIPUR

In the result, the appeal of the revenue stands dismissed

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

250 of the IT Act for the assessment year 2008-09. The revenue has raised the following grounds :- 1. The ld. CIT (A) has erred in law and on facts (independently & severally) in granting relief to the assessee. 2. On the facts and in the circumstances of the case the ld. CIT (A), has erred in quashing the re-assessment

INCOME TAX OFFICER , SIKAR vs. BHASKAR CHAUHAN, JAIPUR

In the result the appeal of the revenue in ITA no

Bench: Him.

reassessment under Sections 139,147,148,149,151 & 153. " In view of the above discussion, the assessment completed u/s 144 deserves to be quashed. The order of the Learned CIT(A) also deserved to be quashed on this ground. Additional Ground No.2 On the facts and in the circumstances of the case and in law, the Learned

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

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

6. CIT(A) EXCEEDED HIS APPELLATE JURISDICTION (SECTION 250/251)\n\n2.6.i.\nUnder the specific scheme of Income Tax Act, 1961 the CIT(A)'s role is\nappellate which is confined to adjudicating the subject matter of the appeal\nbefore him (i.e. the contested additions/disallowances for that assessment\nyear) - and his powers are circumscribed by Section 251 of the Act. Relevant

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.

250(6) of the Act, the ld. CIT(A) has no power to dismiss an appeal on account of non-proseuction as held by Hon’ble Bombay High Court in CIT vs Premkumar Arjundas Luthra, HUF (2017) 291 CTR 614 (Bom.) 3. The ld. CIT(A) has erred on facts and in law in confirming the penalty imposed

LATE SHRI JITENDRA NAGAR THROUGH HIS L/R SMT. DEEPIKA NAGAR,BARAN vs. INCOME TAX OFFICER WARD BARAN, BARAN

In the result, appeal of the assessee is allowed

Bench: The Date Of Hearing.”

250 of the Income Tax Act, 1961, for the assessment year 2016-17. 2. The assessee has raised the following grounds of appeal :- “1. That in law and facts and circumstances of the case, the ld. Assessing officer grossly erred in passing the ex-parte assessment order u/s 147 r.w.s 144B of the Act. 2 Late Shri Jitendra Nagar through

PUNEET SINGHVI,KOTA vs. ITO, WARD-2(1), KOTA

In the result, the appeal of the assessee is allowed for statistical purposes

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

reassessment proceedings initiated against him were unjustified - Held, yes [Para 18] [In favour of assessee 18. Having considered the submissions made by the petitioner on behalf of the petitioner as well as the observations made by the respondent-Assessing Officer in the impugned order passed under section 148A(d)wherein, it is not disputed that the petitioner is working

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

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

250/-. Hence, there is no additional\nincome disclosed by the assessee in the Return of Income filed u/s 153A of\nthe Act.\nThereafter notice u/s 143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called

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

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

250/-, Hence, there is no additional\nincome disclosed by the assessee in the Return of Income filed u/s 153A of\nthe Act.\nThereafter notice u/s 143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called

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

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

250/-, Hence, there is no additional\nincome disclosed by the assessee in the Return of Income filed u/s 153A of\nthe Act.\nThereafter notice u/s 143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called

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

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

250/-, Hence, there is no additional\nincome disclosed by the assessee in the Return of Income filed u/s 153A of\nthe Act.\nThereafter notice u/s 143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called

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

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

250/-. Hence, there is no additional\nincome disclosed by the assessee in the Return of Income filed u/s 153A of\nthe Act.\nThereafter notice u/s 143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called

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

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

250/-, Hence, there is no additional\nincome disclosed by the assessee in the Return of Income filed u/s 153A of\nthe Act.\nThereafter notice u/s 143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called

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

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

250/-. Hence, there is no additional\nincome disclosed by the assessee in the Return of Income filed u/s 153A of\nthe Act.\nThereafter notice u/s 143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called

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

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

250/-, Hence, there is no additional\nincome disclosed by the assessee in the Return of Income filed u/s 153A of\nthe Act.\nThereafter notice u/s 143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called

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

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

250/-, Hence, there is no additional\nincome disclosed by the assessee in the Return of Income filed u/s 153A of\nthe Act.\nThereafter notice u/s 143(2) of Act was issued on 25-06-2021 which\nwas duly served. Further notice u/s 142(1) of the Act was issued on 11-08-\n2021 and certain details/explanations were called