SH. MAHENDRA KUMAR GOYAL,SIKAR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result of the appeal of the assessee are disposed off as under

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

269T of the Act by the loanee (who received advance from appellant). The learned AO is directed to examine the 10 ITA Nos. 493. 495 to 498/JP/2025 Sh. Mahendra Kumar Goyal same from the perspective of penalty u/s 271D and 271E of the Act and make a reference to the Jt. Commissioner/Addl. Commissioner. In the result this ground of appeal

SH. MAHENDRA KUMAR GOYAL,SIKAR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result of the appeal of the assessee are disposed off as under

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

269T of the Act by the loanee (who received advance from appellant). The learned AO is directed to examine the 10 ITA Nos. 493. 495 to 498/JP/2025 Sh. Mahendra Kumar Goyal same from the perspective of penalty u/s 271D and 271E of the Act and make a reference to the Jt. Commissioner/Addl. Commissioner. In the result this ground of appeal

SH. MAHENDRA KUMAR GOYAL,SIKAR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result of the appeal of the assessee are disposed off as under

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, आंकड़ुठरधारी आइटीएए सं.र@ITA Nos.493, 495 to 498, 500/JP/2025 निर्धारण वर्ष@Assessment Years : 2014-15 to 2016-17, 2018-19 to 2020-21 Mahendra Kumar Goyal चुके Vs. ACIT/DCIT Ward No. 2, Shahpura Road Neem Ka Thana, Sikar Central Circle-03, Jaipur लेखा संख्याल्लेय सं.जीआइआर सं.पान@PAN/GIR No.: ACFPG0306G अपीलार्थी@Appellant प्रत्यार्थी@Respondent निर्धारीती की आर से@ Assessee by : Shri P. C. Parwal, CA राजस्व की आर से@ R

269T of the Act by the loanee (who received advance from appellant). The learned AO is directed to examine the 10 ITA Nos. 493. 495 to 498/JP/2025 Sh. Mahendra Kumar Goyal same from the perspective of penalty u/s 271D and 271E of the Act and make a reference to the Jt. Commissioner/Addl. Commissioner. In the result this ground of appeal

SH. MAHENDRA KUMAR GOYAL,SIKAR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

In the result of the appeal of the assessee are disposed off as under

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

269T of the Act by the loanee (who received advance from appellant). The learned AO is directed to examine the 10 ITA Nos. 493. 495 to 498/JP/2025 Sh. Mahendra Kumar Goyal same from the perspective of penalty u/s 271D and 271E of the Act and make a reference to the Jt. Commissioner/Addl. Commissioner. In the result this ground of appeal

SH. ASHOK KUMAR PORWAL,JHALAWAR vs. JCIT, RANGE-1, KOTA, KOTA

In the result, appeal of the assessee is partly allowed

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

reassessment proceedings were being undertaken in arbitrary manner, impugned reopening notice was justified [2023] 152 taxmann.com 573 (SC)/[2023] 454 ITR 794 (SC) [04-0... INCOME TAX: Notice issued in SLP filed against impugned High Court order that where Assessing Officer made additions under section 68 solely on basis of information received from Investigation Wing that lenders from whom assessee

FARMAN KHAN,CHAKSU vs. INCOME-TAX OFFICER WARD 7(3), JAIPUR

In the result, the appeal of the assessee is allowed

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

reassessed u/s 147 /144B vide order dated 27.03.2023, by the Faceless Assessing officer (FAO) at the Returned Income itself.In other words, all transactionswere found disclosed and the explanations were accepted, and so no unaccounted income /Black money or evasion of tax was found by the FAO.A copy of the assessment order A.Y. 2018-19 is enclosed (As Annexure

SH. MAHENDRA KUMAR GOYAL,SIKAR vs. DCIT, CENTRAL CIRCLE-3, JAIPUR, JAIPUR

269T of the Act by the loanee (who\nreceived advance from appellant). The learned AO is directed to examine the\n\nsame from the perspective of penalty u/s 271D and 271E of the Act and make a\nreference to the Jt. Commissioner/Addl. Commissioner.\n\nIn the result this ground of appeal is adjudicated in above terms and is hereby\ntreated

DHANRAJ SETHIA,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX , CIRCLE-1

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

Bench: Hon’ble SHRI SANDEEP GOSAIN (Judicial Member)

269T in contravention to its provisions. 5 DHANRAJ SETHIA VS ACIT, CIRCLE-1, JAIPUR 271F Failed to furnish return of income as required by section139 before the end of the relevant assessment year. 272A(1) Refused or failed to: (a) Answer questions. (b) Sig. Statements. (c) Attene to give evidence or produce books of accounts etc. in compliance with summons

MUKESH KUMAR AGARWAL,JAIPUR vs. I.T.O. WARD 1(2), JAIPUR

In the result, both the appeals of the assessee are allowed

269T of the Act by receiving unsecured loans in cash and payment thereof in cash. According to the AO, the assesse failed to explain the sources of cash deposit of Rs.2,60,000/- because before taking unsecured loans the income of the borrower should be considered whether he has income for repayment of unsecured loans. According

NEERAJ SUWALKA,JAIPUR vs. DCIT, JAIPUR

In the result, the appeal of the assessee is dismissed

reassessment can be made U/s 153A of the Act only on the basis of incriminating material found during the course of search. Therefore, what is the relevant to determine in the instant case is whether any incriminating document was found during the course of search in the case of the assessee and basis which the additions have been made

NEERAJ SUWALKA,JAIPUR vs. DCIT, JAIPUR

In the result, the appeal of the assessee is dismissed

reassessment can be made U/s 153A of the Act only on the basis of incriminating material found during the course of search. Therefore, what is the relevant to determine in the instant case is whether any incriminating document was found during the course of search in the case of the assessee and basis which the additions have been made

NEERAJ SUWALKA,JAIPUR vs. DCIT, JAIPUR

In the result, the appeal of the assessee is dismissed

reassessment can be made U/s 153A of the Act only on the basis of incriminating material found during the course of search. Therefore, what is the relevant to determine in the instant case is whether any incriminating document was found during the course of search in the case of the assessee and basis which the additions have been made

ACIT, CENTRAL CIRCLE, ALWAR vs. SHRI BABU LAL DATA, 2015-16

In the result the appeal of the department is dismissed

Reassessment was initiated only on the basis of opinion arrived at by AD at M, hence invalid. (ii) CIT vs. SHIV RATAN SONI (2008) 217 CTR 222 Rajasthan HC (Annexure 11) Conclusion arrived at by the AO for issuing notice under s. 148 is not his own but is a borrowed satisfaction held by the Asstt. CIT while making