SHRI SHYAM CONSTRUCTION COMPANY,JAIPUR vs. ITO WD 1(1), JAIPUR, JAIPUR

The appeal of the assessee is dismissed

Bench: SMT. ANNAPURNA GUPTA (Accountant Member)

reassessed has the effect of reducing the loss or converting such loss into income. ……………………………… 11. Learned counsel for the assessee fairly agreed that the assessed income exceeded the income processed u/s 143(1)(a) of the Act and as per 270A(2)(a) therefore the addition made qualified as underreported income . 12. The attention was thereafter drawn to sub-Section

SHRI SHYAM CONSTRUCTION COMPANY,JAIPUR vs. ITO WD 1(1), JAIPUR, JAIPUR

The appeal of the assessee is dismissed

Bench: SMT. ANNAPURNA GUPTA (Accountant Member)

reassessed has the effect of reducing the loss or converting such loss into income. ……………………………… 11. Learned counsel for the assessee fairly agreed that the assessed income exceeded the income processed u/s 143(1)(a) of the Act and as per 270A(2)(a) therefore the addition made qualified as underreported income . 12. The attention was thereafter drawn to sub-Section

SINCERE ARCHITECTS ENGINEERS PVT. LTD.,JAIPUR vs. ACIT, CIRCLE-7, JAIPUR

In the result the appeal no

6) or sub-section (7),\nwhere under-reported income is in consequence of any misreporting thereof by\nany person, the penalty referred to in sub-section (1) shall be equal to two\nhundred per cent of the amount of tax payable on under-reported income.\n22(9) The cases of misreporting of income referred to in sub-section (8) shall

SINCERE ARCHITECTS ENGINEERS PVT. LTD.,JAIPUR vs. ACIT, CIRLCE-7, JAIPUR

In the result the appeal no

6) or sub-section (7),\nwhere under-reported income is in consequence of any misreporting thereof by\nany person, the penalty referred to in sub-section (1) shall be equal to two\nhundred per cent of the amount of tax payable on under-reported income.\n22(9) The cases of misreporting of income referred to in sub-section (8) shall

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)

Section 33(4) of the 1922 Act, analogous to Section 250/254 of the 1961 Act) do not confer on the appellate authority a power to make any direction on matters not arising in the appeal, especially as the Act provides separate mechanisms (like Section 34 of 1922 Act, now Section 147) to deal with escaped income. Accordingly, the Apex Court

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)

Section 33(4) of the 1922 Act, analogous to Section 250/254 of the 1961 Act) do not confer on the appellate authority a power to make any direction on matters not arising in the appeal, especially as the Act provides separate mechanisms (like Section 34 of 1922 Act, now Section 147) to deal with escaped income. Accordingly, the Apex Court

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

Section 33(4) of the 1922 Act, analogous to Section 250/254 of the 1961 Act) do not confer on the appellate authority a power to make any direction on matters not arising in the appeal, especially as the Act provides separate mechanisms (like Section 34 of 1922 Act, now Section 147) to deal with escaped income. Accordingly, the Apex Court

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)

Section 33(4) of the 1922 Act, analogous to Section 250/254 of the 1961 Act) do not confer on the appellate authority a power to make any direction on matters not arising in the appeal, especially as the Act provides separate mechanisms (like Section 34 of 1922 Act, now Section 147) to deal with escaped income. Accordingly, the Apex Court

AJAY BAKLIWAL,KOTA vs. ACIT, CENTRAL CIRCLE, KOTA, KOTA

In the result, the appeal of the assessee is allowed

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

6 Vallabh Bari, Vallabh Bari, Central Circle, Kota Kota LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: ABZPB 7775 P vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by : Sh. Rajendra Sisodia, Adv. jktLo dh vksj ls@ Revenue by : Mrs. Anita Rinesh, JCIT-DR lquokbZ dh rkjh[k@ Date of Hearing : 29/01/2025 mn?kks"k.kk dh rkjh

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

270A of the Act for under reported income are being initiated\r\nseparately. Copy enclosed (PB19-23).\r\nIn response thereto the assessee has filed the reply on 20.02.2024(PB24-32)\r\nwith the legal position and case laws, also reproduced at page 14-19 of the\r\nassessment order. However the Id. AO did not feel satisfy with

R P WOOD PRODUCTS PRIVATE LIMITED,AJMER vs. DCIT CENTRAL CIRCLE AJMER, JAIPUR ROAD AJMER

In the result, appeal of the assessee is allowed

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

270A or] clause (c) of sub-section (1) of section 271 shall be imposed upon the assessee in respect of the undisclosed income referred to in sub-section (1) 52[or sub-section (1A)]. (3) The provisions of sections 274 and 275 shall, as far as may be, apply in relation to the penalty referred to in this section. Explanation

GHANSHYAM TAK,NAYA GHAR AJMER vs. DCIT CENTRAL CIRCLE AJMER, JAIPUR ROAD AJMER

In the result, appeal of the assessee is allowed

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

270A or] clause (c) of sub-section (1) of section 271 shall be imposed upon the assessee in respect of the undisclosed income referred to in sub-section (1) 52[or sub-section (1A)]. (3) The provisions of sections 274 and 275 shall, as far as may be, apply in relation to the penalty referred to in this section. Explanation

SHRI VIMAL CHAND SURANA,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, JAIPUR

In the result, appeal of the assessee is allowed

reassessment cannot be declared invalid in the penalty proceedings’’. View taken by the Hon’ble Karnataka High Court in the above judgment was indirectly affirmed by the Hon’ble Apex Court, when it dismissed an SLP filed by the Revenue against the judgment in the case of SSA’s Emerald Meadows (supra), specifically observing that there was no merits

ACIT, CC-4, JAIPUR vs. SMT. SUNITA AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed

6 Om Prakash Modi Vs. DCIT ITA no. 402 & 403 /JP/2017 7 MeghRaj Singh Shekhawat Vs. DOT 443 & 444/ JP/2017 8 DCIT Vs. Saurabh Mittal ITA no. 16/JP/2016 9 Vivek Agarwal Vs. ITO 292/JP/2017 (Jaipur) 10 Purushottam Son! Vs. ITO 288/ JP/2017(Jaipur) 6.7.5 Recently Hon'ble Supreme court in its order dated 21-08-2019 in the case

ACIT, CC-4, , JAIPUR vs. SHRI ANSHUL JAIN, JAIPUR

In the result appeals of the revenue are dismissed

6 Om Prakash Modi Vs. DCIT ITA no. 402 & 403 /JP/2017 7 MeghRaj Singh Shekhawat Vs. DOT 443 & 444/ JP/2017 8 DCIT Vs. Saurabh Mittal ITA no. 16/JP/2016 9 Vivek Agarwal Vs. ITO 292/JP/2017 (Jaipur) 10 Purushottam Son! Vs. ITO 288/ JP/2017(Jaipur) 6.7.5 Recently Hon'ble Supreme court in its order dated 21-08-2019 in the case

ACIT, CC-4, JAIPUR vs. SHRI MUKUT BEHARI AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed

6 Om Prakash Modi Vs. DCIT ITA no. 402 & 403 /JP/2017 7 MeghRaj Singh Shekhawat Vs. DOT 443 & 444/ JP/2017 8 DCIT Vs. Saurabh Mittal ITA no. 16/JP/2016 9 Vivek Agarwal Vs. ITO 292/JP/2017 (Jaipur) 10 Purushottam Son! Vs. ITO 288/ JP/2017(Jaipur) 6.7.5 Recently Hon'ble Supreme court in its order dated 21-08-2019 in the case

ACIT, CC-4, JAIPUR vs. SMT. SUNITA AGARWAL, JAIPUR

In the result appeals of the revenue are dismissed

6 Om Prakash Modi Vs. DCIT ITA no. 402 & 403 /JP/2017 7 MeghRaj Singh Shekhawat Vs. DOT 443 & 444/ JP/2017 8 DCIT Vs. Saurabh Mittal ITA no. 16/JP/2016 9 Vivek Agarwal Vs. ITO 292/JP/2017 (Jaipur) 10 Purushottam Son! Vs. ITO 288/ JP/2017(Jaipur) 6.7.5 Recently Hon'ble Supreme court in its order dated 21-08-2019 in the case

ACIT, C.C. -4, JAIPUR vs. MAVERICK COMMODITY BROKERS PVT. LTD., JAIPUR

In the result appeals of the revenue are dismissed

6 Om Prakash Modi Vs. DCIT ITA no. 402 & 403 /JP/2017 7 MeghRaj Singh Shekhawat Vs. DOT 443 & 444/ JP/2017 8 DCIT Vs. Saurabh Mittal ITA no. 16/JP/2016 9 Vivek Agarwal Vs. ITO 292/JP/2017 (Jaipur) 10 Purushottam Son! Vs. ITO 288/ JP/2017(Jaipur) 6.7.5 Recently Hon'ble Supreme court in its order dated 21-08-2019 in the case