INCOME TAX OFFICER, JAIPUR vs. KEDIA BUILDERS AND COLONIZERS PRIVATE LIMITED, JAIPUR

In the result, all appeals of the revenue are stands dismissed

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

u/s 131 on the address of above companies requesting furnishing of books of accounts, details of bank accounts, copies of Kedia Builders and Colonizers Pvt. Ltd., Jaipur ITR and other documents, but the same could not be served due to non-existence of the companies on their respective given addresses. From the Database of the department, it is gathered that

SHRI PRAKASH CHAND KOTHARI,JAIPUR vs. DCIT, CENTRAL CIRCLE-2, JAIPUR

In the result, appeal of the assessee is allowed

reassess the income of the other person in accordance with the provisions of section 153A of the Act. 40. In the instant case, the fact that the Assessing officer has not invoked the provisions of section 153C, it shows that there was no satisfaction which has been recorded by the Assessing officer having jurisdiction over Ramesh Maniar Group that

DCIT, CENTRAL CIRCLE-2, JAIPUR vs. SHRI PRAKASH CHAND KOTHARI, JAIPUR

In the result, appeal of the assessee is allowed

reassess the income of the other person in accordance with the provisions of section 153A of the Act. 40. In the instant case, the fact that the Assessing officer has not invoked the provisions of section 153C, it shows that there was no satisfaction which has been recorded by the Assessing officer having jurisdiction over Ramesh Maniar Group that

INCOME TAX OFFICER , SIKAR vs. BHASKAR CHAUHAN, JAIPUR

In the result the appeal of the revenue in ITA no

Bench: Him.

reassessment under Sections 139,147,148,149,151 & 153. " In view of the above discussion, the assessment completed u/s 144 deserves to be quashed. The order of the Learned CIT(A) also deserved to be quashed on this ground. Additional Ground No.2 On the facts and in the circumstances of the case and in law, the Learned

WHOLE SALE CLOTH MERCHANT ASSOCIATION ,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE KOTA , KOTA

In the result, the appeals of the assessee in ITA no

u/s 139(1) of the Act. The total income of the trust (before\nallowing exemption under sections 11 and 12) exceeds the maximum amounts\nwhich is not chargeable to tax, it is required to file its return in Form ITR-7,\nbefore the date specified in section 139. However, no return of income was\nfiled. Therefore, the assumption of jurisdiction

SUVA LAL PAHARIA,JAIPUR vs. ITO WARD 6(3), JAIPUR

172 ITR 331(MP), Concord India Insurance\nCo. Ltd v/s Smt. Nirmala Devi, 118 ITR 507(SC), Kripa Shankar v/s CIT/CWT 181 ITR\n183(AII), N. Balakrishnan v/s M. Krishanmurthy 7 SSC123.\n7. The Hon'ble Jaipur Bench of ITAT has also condoned the dealy in the case of Ganesh\nHimalaya Pvt.Ltd. v. ACIT 22 Tax World 415 (Jp) where

SUSHILA DEVI JANGID,JAIPUR vs. ITO, WD 7(2), JAIPUR

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM आयकरअपीलसं. / ITA. No. 374/JP/2025 निर्धारणवर्ष / AssessmentYears : 2010-11 Smt. Sushila Devi Jangid 65, Koshaliya Vihar Hajyawala,Muhana Mandi Ke Pass, Sanganer, Jaipur 302 029 बनाम Vs. The ITO Ward 7(2) Jaipur अपीलार्थी / Appellant प्रत्यर्थी / Respondent स्थायीलेखा सं. / जीआईआरसं./PAN/GIR No.: AFMPJ 2091 P निर्धारिती की ओरसे / Assesseeby : Shri Utkarsh Mishra, Advocate राजस्व की ओरसे / Revenue by :Shri Gautam Sing

reassessment proceedings u/s 147 for A.Y 2010-11 resulted in the Best Judgement Assessment of the assessee and an Order under Section 147 r.w.s 144 of the Act was issued upon the assessee on 24.12.2017 [PB 1 - 6]. This Order resulted in a demand of Rs. 10,98,750/- on account of alleged unexplained Short-term Capital Gain

WHOLE SALE CLOTH MERCHANT ASSOCIATION ,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE KOTA , KOTA

u/s 139(1) of the Act. The total income of the trust (before\nallowing exemption under sections 11 and 12) exceeds the maximum amounts\nwhich is not chargeable to tax, it is required to file its return in Form ITR-7,\nbefore the date specified in section 139. However, no return of income was\nfiled. Therefore, the assumption of jurisdiction

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

172 (All.) wherein it was held that AO has power to reassess the return of the assessee only from the undisclosed income found during the course of search and where no undisclosed income is found then the AO cannot made any reassessment. Thus this judgment cited by ld. D/R is also of no help. The D/R has also relied upon

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)

172 (Allahabad) is as under: "Section 1534, read with section 143 of the Income-tax Act, 1961-Search and seizure - Assessment in case of (Scope of assessment) - Assessment year 2000- 01-Whether Assessing Officer has power to reassess returns of assessee not only for undisclosed income, which was found during search operation but also with regard to material that

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)

172 (Allahabad) is as under: "Section 1534, read with section 143 of the Income-tax Act, 1961-Search and seizure - Assessment in case of (Scope of assessment) - Assessment year 2000- 01-Whether Assessing Officer has power to reassess returns of assessee not only for undisclosed income, which was found during search operation but also with regard to material that

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)

172 (Allahabad) is as under: "Section 1534, read with section 143 of the Income-tax Act, 1961-Search and seizure - Assessment in case of (Scope of assessment) - Assessment year 2000- 01-Whether Assessing Officer has power to reassess returns of assessee not only for undisclosed income, which was found during search operation but also with regard to material that

M/S. BANSIWALA IRON & STEEL ROLLING MILLS,JAIPUR vs. DCIT, CIRCLE-3,, JAIPUR

In the result, this appeal of the assessee is allowed

Bench: Shri Sandeep Gosain, Jm & Shri Vikram Singh Yadav, Am Vk;Dj Vihy La-@Ita No. 1388/Jp/2019 Fu/Kzkj.K O"Kz@Assessment Year :2008-09 Cuke M/S Bansiwala Iron & Steel Rolling Mills, D.C.I.T., 2Nd Floor, Somani Building, S.C. Link Vs. Circle-3, Road, Loha Mandi, Jaipur. Jaipur. Lfkk;H Ys[Kk La-@Thvkbzvkj La-@Pan/Gir No.: Aadfb 2375 A Appellant Respondent Fu/Kzkfjrh Dh Vksj Ls@ Assessee By: Shri Mahendra Gargieya & Shri Dewang Gargieya (Advs) Jktlo Dh Vksj Ls@ Revenue By: Shri Rajendra Singh (Cit-Dr) Lquokbz Dh Rkjh[K@ Date Of Hearing : 06/09/2021 Mn?Kks"K.Kk Dh Rkjh[K@ Date Of Pronouncement : 15/09/2021 Vkns'K@ Order

172 (Guj HC) (DPB 58-70) “ Headnote: Reopening of Assessment - Jurisdiction of AO - Reasons for reopening - Notice was issued u/s 148 on grounds of wrong computation by assessee u/s 80HHC - Subsequently, no additions was made by AO on ground based upon which the assessment was reopened but rather additions were made on some other grounds which did not form part

KAILASH CHAND YADAV,100, KALU BABA KI DHANI, SHEOSHINGHPUR, AKODA, PHULERA-303338 vs. INCOME TAX OFFICER,, WARD - 1(2), JAIPUR

In the result, the appeal of the assessee is partly allowed

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

Section 292BB is not attracted. 4. Reasons recorded are not correct – On requested by the assessee the Learned Assessing Officer has supplied the copy of reasons recorded. Copy of reasons recorded is available on Paper Book Page No. 179 to 180. The Learned Assessing Officer made the addition of Rs. 25,85,740/- on the basis of reasons recorded which

ACIT, JAIPUR vs. RATAN KANWAR RATNAWAT, JAIPUR

In the result, the appeals of the Revenue are dismissed and

172 ( Allahabad) • B. Kishore Kumar vs. Deputy Commissioner of Income-Tax, Central Circle-IV(1), Channai (2014) 52 taxmann.com 449 (Madras) • Principal Commissioner of Income-Tax, Delhi-2 v Best Infrastructure (India) (P.) Ltd. (2018 94 taxmann.com 115 (SC) • Dr. A.V. Shreekumar v Commissioner of Income-Tax, Kochi (2018) 90 taxmann.com 355 (Kerala) ACIT vs. Mahendra Singh Ratnawat & Ors • Principal

ACIT, CC-2, JAIPUR, JAIPUR vs. MAHENDRA SINGH RATNAWAT, JAIPUR

In the result, the appeals of the Revenue are dismissed and

172 ( Allahabad) • B. Kishore Kumar vs. Deputy Commissioner of Income-Tax, Central Circle-IV(1), Channai (2014) 52 taxmann.com 449 (Madras) • Principal Commissioner of Income-Tax, Delhi-2 v Best Infrastructure (India) (P.) Ltd. (2018 94 taxmann.com 115 (SC) • Dr. A.V. Shreekumar v Commissioner of Income-Tax, Kochi (2018) 90 taxmann.com 355 (Kerala) ACIT vs. Mahendra Singh Ratnawat & Ors • Principal

ACIT, CC-2, JAIPUR, JAIPUR vs. MAHENDRA SINGH RATNAWAT, JAIPUR

In the result, the appeals of the Revenue are dismissed and

172 ( Allahabad) • B. Kishore Kumar vs. Deputy Commissioner of Income-Tax, Central Circle-IV(1), Channai (2014) 52 taxmann.com 449 (Madras) • Principal Commissioner of Income-Tax, Delhi-2 v Best Infrastructure (India) (P.) Ltd. (2018 94 taxmann.com 115 (SC) • Dr. A.V. Shreekumar v Commissioner of Income-Tax, Kochi (2018) 90 taxmann.com 355 (Kerala) ACIT vs. Mahendra Singh Ratnawat & Ors • Principal

ACIT, JAIPUR vs. RATAN KANWAR RATNAWAT, JAIPUR

In the result, the appeals of the Revenue are dismissed and

172 ( Allahabad) • B. Kishore Kumar vs. Deputy Commissioner of Income-Tax, Central Circle-IV(1), Channai (2014) 52 taxmann.com 449 (Madras) • Principal Commissioner of Income-Tax, Delhi-2 v Best Infrastructure (India) (P.) Ltd. (2018 94 taxmann.com 115 (SC) • Dr. A.V. Shreekumar v Commissioner of Income-Tax, Kochi (2018) 90 taxmann.com 355 (Kerala) ACIT vs. Mahendra Singh Ratnawat & Ors • Principal

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR vs. M/S N. M. AGROFOOD PRODUCTS PVT. LTD., SRIGANGANAGAR

In the result the appeal of the revenue is dismissed

172 (Allahabad) is as under: "Section 153A, read with section 143 of the Income-tax Act, 1961 - Search and seizure - Assessment in case of (Scope of assessment) - Assessment year 2000 01 - Whether Assessing Officer has power to reassess returns of assessee not only for undisclosed income, which was found during search operation but also with regard to material that