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

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

reassess\ntaking into consideration the other material in respect of completed /\nunabated assessments, no addition can be made by the AO in absence of\nany incriminating material found during the search and thus, considering\nthat set of facts and following the judicial precedence we do not find any\ninfirmity in the finding of the Id. CIT(A) in directing

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

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

reassess\ntaking into consideration the other material in respect of completed /\nunabated assessments, no addition can be made by the AO in absence of\nany incriminating material found during the search and thus, considering\nthat set of facts and following the judicial precedence we do not find any\ninfirmity in the finding of the Id. CIT(A) in directing

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

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

reassess\ntaking into consideration the other material in respect of completed /\nunabated assessments, no addition can be made by the AO in absence of\nany incriminating material found during the search and thus, considering\nthat set of facts and following the judicial precedence we do not find any\ninfirmity in the finding of the Id. CIT(A) in directing

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

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

reassess\ntaking into consideration the other material in respect of completed /\nunabated assessments, no addition can be made by the AO in absence of\nany incriminating material found during the search and thus, considering\nthat set of facts and following the judicial precedence we do not find any\ninfirmity in the finding of the Id. CIT(A) in directing

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

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

reassess\ntaking into consideration the other material in respect of completed /\nunabated assessments, no addition can be made by the AO in absence of\nany incriminating material found during the search and thus, considering\nthat set of facts and following the judicial precedence we do not find any\ninfirmity in the finding of the Id. CIT(A) in directing

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

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

reassess\ntaking into consideration the other material in respect of completed /\nunabated assessments, no addition can be made by the AO in absence of\nany incriminating material found during the search and thus, considering\nthat set of facts and following the judicial precedence we do not find any\ninfirmity in the finding of the Id. CIT(A) in directing

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

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

reassess\ntaking into consideration the other material in respect of completed /\nunabated assessments, no addition can be made by the AO in absence of\nany incriminating material found during the search and thus, considering\nthat set of facts and following the judicial precedence we do not find any\ninfirmity in the finding of the Id. CIT(A) in directing

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

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

reassess\ntaking into consideration the other material in respect of completed /\nunabated assessments, no addition can be made by the AO in absence of\nany incriminating material found during the search and thus, considering\nthat set of facts and following the judicial precedence we do not find any\ninfirmity in the finding of the Id. CIT(A) in directing

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

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

reassess\ntaking into consideration the other material in respect of completed /\nunabated assessments, no addition can be made by the AO in absence of\nany incriminating material found during the search and thus, considering\nthat set of facts and following the judicial precedence we do not find any\ninfirmity in the finding of the Id. CIT(A) in directing

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

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

reassess\ntaking into consideration the other material in respect of completed /\nunabated assessments, no addition can be made by the AO in absence of\nany incriminating material found during the search and thus, considering\nthat set of facts and following the judicial precedence we do not find any\ninfirmity in the finding of the Id. CIT(A) in directing

CASTAMET WORKS PRIVATE LIMITED,KHARWA vs. PRINCIPLE COMMISSIONER OF INCOME TAX, UDAIPUR

reassess under section 147 or pass an order enhancing the assessment or reducing a refund already made or otherwise increasing the liability of the assessee under section 154, for any assessment year beginning on or before the 1st day of April, 2001. 28. The correctness of the claim of the Assessee for the purpose of Section 14A read with Rule

RAJ KUMAR JAIN,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE – 2, JAIPUR, 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

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.”

1 April 2021.” In the above para Hon’ble Court has clearly mentioned that time limit of four years from the end of an assessment year falls between 20 March 2020 and 31 March 2021, then, the specified authority under Section 151(2) has time till 31 March 2021 to grant approval which is extended vide notification dated 30.03.2021 upto

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)

36 Shri Vimal Chand Surana HUF proceedings were preserved, resulting in multiple assessments. Under Section 153A, however, the Assessing Officer has been given the power to assess or reassess the total income of the six assessment years in question in separate assessment orders. This means that there can be only one assessment order in respect of each

DCIT, CENTRAL CIRCLE-2, JAIPUR, CENTRAL CIRCLE-2 JAIPUR vs. SHRI PRAKASH CHAND SHARMA, C-42, GOKUL PATH VAISHALI NAGAR, JAIPUR, JAIPUR

In the result, appeals of the revenue are dismissed

Bench: Ao On The Charge Of Concealment Of Income.

1)(c). However, so far as the penalty levied by the AO in respect of the additions made to the total income of the assessee, this Tribunal in the quantum appeal vide order dated 30th July, 2018 has either deleted the said addition made by the AO or set aside the same to the record of the AO. The relevant

DCIT, CENTRAL CIRCLE-2, JAIPUR, CENTRAL CIRCLE-2 JAIPUR vs. SHRI PRAKASH CHAND SHARMA, C-42, GOKUL PATH VAISHALI NAGAR, JAIPUR, JAIPUR

In the result, appeals of the revenue are dismissed

Bench: Ao On The Charge Of Concealment Of Income.

1)(c). However, so far as the penalty levied by the AO in respect of the additions made to the total income of the assessee, this Tribunal in the quantum appeal vide order dated 30th July, 2018 has either deleted the said addition made by the AO or set aside the same to the record of the AO. The relevant

DCIT, CENTRAL CIRCLE-2, JAIPUR, CENTRAL CIRCLE-2 JAIPUR vs. SHRI PRAKASH CHAND SHARMA, C-42, GOKUL PATH VAISHALI NAGAR, JAIPUR, JAIPUR

In the result, appeals of the revenue are dismissed

Bench: Ao On The Charge Of Concealment Of Income.

1)(c). However, so far as the penalty levied by the AO in respect of the additions made to the total income of the assessee, this Tribunal in the quantum appeal vide order dated 30th July, 2018 has either deleted the said addition made by the AO or set aside the same to the record of the AO. The relevant

DCIT, JAIPUR vs. VIMAL CHAND SURANA HUF, JAIPUR

In the result, the appeal of the revenue stands dismissed

1) of section 153A opens, the A.O. has no jurisdiction to issue notice u/s 148 of the Act in respect of those six assessment years which falls within the exclusive jurisdiction of section 153A of the Act and accordingly the A.O. was not justified in issuing notice u/s 148 on 28-8-2006 and in completing the impugned assessment