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7 results for “reassessment”+ Section 56(2)(viia)clear

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Mumbai46Hyderabad29Bangalore25Chennai23Delhi9Jaipur7Jodhpur6Kolkata3Ranchi2Lucknow1Patna1Ahmedabad1

Key Topics

Section 14A10Section 143(3)5Addition to Income4Section 1543Section 234A3Section 153A3Disallowance3Section 56(2)(viib)2Section 1482Section 36(1)(viia)

DIPTI GARG,TONK vs. ITO WD, TONK

ITA 633/JPR/2023[2014-15]Status: DisposedITAT Jaipur30 Apr 2024AY 2014-15
Section 143(3)Section 148Section 56(2)(vii)Section 56(2)(viib)

reassessment proceedings. Thus, the legal issue raised in\nground nos. 1 and 2 are hereby dismissed.\n7. Now coming to the merits of the case raised in the ground nos. 3\nand 4, the grievance of the assessee is against the finding of the Ld.\nCIT(A) confirming the addition made by the AO u/s. 56(2)(viib

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

ITA 1276/JPR/2024[2014-15]Status: DisposedITAT Jaipur11 Apr 2025AY 2014-15
For Appellant: Shri Rajendra Sisodia
2
For Respondent: Shri Rajesh Ojha, CIT-DR
Section 132Section 132(1)Section 132(4)Section 139Section 143(3)Section 153ASection 250

reassessment \non the same set of facts.\nPage-93 relying on which the AO has based the addition and treated it to be \nremission of liability is being now relied by Ld.CIT(A) to prove that it was a gift. It \nmay be mentioned that this paper is undated, was never confronted to the \nassessee either during the search

DCIT, CENTRAL CIRCLE, AJMER vs. M/S SILVERTOSS COMMODITIES PVT. LTD., KOLKATA

The appeals of the revenue stand dismissed and the cross objections of the assessee are partly allowed

ITA 86/JPR/2022[2012-13]Status: DisposedITAT Jaipur30 Jun 2022AY 2012-13

56(2)(viia) of the I.T. Act which amounts to Rs. 43,88,06,055/- (Rs. 49,05,06,055 – Rs. 5,18,00,000). Accordingly, an addition of Rs. 43,88,06,055/- is made to the total income of the assessee for A.Y. 2012-13.” 7. Being aggrieved by the order of the AO, the assessee preferred appeal

ACIT, JAIPUR vs. STATE BANK OF BIKANER & JAIPUR, JAIPUR

Appeal is dismissed

ITA 41/JPR/2010[2007-08]Status: DisposedITAT Jaipur29 Aug 2017AY 2007-08
For Appellant: Shri P.C. Parwal (CA)For Respondent: Smt. Rolly Agarwal (CIT)
Section 14ASection 36(1)(viia)

56, being interest accrued on securities taken over by assessee-bank, from Jayalakshmi Bank Ltd. and Rs. 11,630 being the interest accrued up to the date of purchase, in the case of securities by the assessee bank form the open market, and relying upon English judgment in IR v. Pilcher [1949] 31 Tax Cases 314,332 (A), wherein

M/S S B B J,JAIPUR vs. ACIT, JAIPUR

Appeal is dismissed

ITA 921/JPR/2009[2007-08]Status: DisposedITAT Jaipur29 Aug 2017AY 2007-08
For Appellant: Shri P.C. Parwal (CA)For Respondent: Smt. Rolly Agarwal (CIT)
Section 14ASection 36(1)(viia)

56, being interest accrued on securities taken over by assessee-bank, from Jayalakshmi Bank Ltd. and Rs. 11,630 being the interest accrued up to the date of purchase, in the case of securities by the assessee bank form the open market, and relying upon English judgment in IR v. Pilcher [1949] 31 Tax Cases 314,332 (A), wherein

SHRI VIKRAM SINGH SHEKHAWAT,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE, SIKAR

In the result, the appeals filed by the assessee in ITA No

ITA 484/JPR/2019[2013-14]Status: DisposedITAT Jaipur23 Jan 2020AY 2013-14
For Appellant: Shri Shrawan Kumar Gupta, AdvocateFor Respondent: Shri K.C. Gupta, JCIT DR
Section 143(3)Section 145(3)Section 154Section 234A

2. Please note that the above definition covers both the activities of manufacture and production of any article or thing. 3. The word ‘produce’ is defined in Webster new international dictionary to mean “ something which is brought forth or yielded either naturally or as a result of effort and work”. In shorter oxford dictionary, the meaning given is “ To bring

RADHEY RAM GODARA,JAIPUR vs. ITO, JAIPUR

In the result, appeal of the assessee is partly allowed for Statistical purposes

ITA 349/JPR/2016[2008-09]Status: DisposedITAT Jaipur29 Nov 2017AY 2008-09
For Appellant: Shri Shrawan Kumar Gupta, AdvocateFor Respondent: Shri R.A. Verma, Addl.CIT -DR
Section 143(2)Section 143(3)Section 234A

viia) Further, the appellant has not produced any evidence which may prove the creditworthiness of Shri Mahaveer Prasad. It has been held in a number of cases by the Judicial Authorities that transactions through banking channels are not sacrosanct. Therefore, looking to the 15 Shri Radhey Ram Godara vs ITO, Ward- 3(5), Jaipur total facts and circumstances