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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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

36 while\ndealing with the appeal of the assessee has issued direction to the Id. AO\nwhich reads as under :\n“Accordingly, the judgement of Hon'ble Supreme Court in the case of Abhisar\nBuildwell (supra) and U. K. Paints (supra) are squarely applicable to the facts of\nthe case. Accordingly, following the judgment of honorable Supreme Court

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

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.”

v. Rajeev Bansal (supra). 6. We have heard the rival contentions, perused the material on record and gone through the orders of the lower authorities. The assessee has challenged the legal grounds viz. (i) the ex-parte assessment order passed under section 147 read with section 144B and (ii) notice issued 36 Late Shri Jitendra Nagar through L/R Smt. Deepika

DCIT, CC-2, JAIPUR vs. M/S. ROYAL JEWELLERS, JAIPUR

In the result, appeals of the revenue stands dismissed

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

reassessments contemplated under section 153A. There is also no requirement under section 153A and other provisions requiring the Department to collect information and evidence for each and every year for six previous years under section 153A. Therefore, the argument of assessee that the information gathered either during pre-search enquiry or during the course of search cannot be made

DCIT, CC-2, JAIPUR vs. M/S. ROYAL JEWELLERS, JAIPUR

In the result, appeals of the revenue stands dismissed

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

reassessments contemplated under section 153A. There is also no requirement under section 153A and other provisions requiring the Department to collect information and evidence for each and every year for six previous years under section 153A. Therefore, the argument of assessee that the information gathered either during pre-search enquiry or during the course of search cannot be made

DCIT, CC-2, JAIPUR vs. M/S. ROYAL JEWELLERS, JAIPUR

In the result, appeals of the revenue stands dismissed

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

reassessments contemplated under section 153A. There is also no requirement under section 153A and other provisions requiring the Department to collect information and evidence for each and every year for six previous years under section 153A. Therefore, the argument of assessee that the information gathered either during pre-search enquiry or during the course of search cannot be made

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)

v. Dy CIT [2013] 22 ITR (Trib.) 609, had considered the issue. The Mumbai bench after considering the relevant sections and CBDT circular has held as under: "18. A perusal of Section 153A shows that it starts with a non obstante clause relating to normal assessment procedure which is covered by Sections

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

In the result, appeal of the assessee is allowed

v) Dinesh Kumar Agarwal ITA Nos. 855 & 856/JPR/2017. (vi) Silver and Art Palace ITA no. 236/JP/2018. (vii) Padam Chand Pungliya ITA No. 112/JP/2018 (viii) Vimal Chand Surana ITA No. 304/JP/2018. (ix) RajendraKumar Jain dated 14.09.20. 4. On the other hand, the ld. D/R relied on the order of the AO. He submitted that the penalty was rightly levied on account

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.

36,237/- for the year under consideration is justified and even the total income declared by the assessee for the three assessment years i.e. A.Y. 2007- 08 to 2009-10 and part of the A.Y. 2010-11 up to 17/6/2009 is matching with the application of income. The assessee has produced fund flow statement showing the income and application