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5 results for “reassessment u/s 147”+ Section 56(2)(viia)clear

Sorted by relevance

Hyderabad28Mumbai27Chennai21Bangalore18Delhi7Jodhpur6Jaipur5Kolkata3Ranchi2Patna1

Key Topics

Section 14A10Section 143(3)3Section 56(2)(viib)3Section 153A3Section 36(1)(viia)2Section 2502Section 1482Disallowance2Addition to Income

DIPTI GARG,TONK vs. ITO WD, TONK

In the result, appeal of the assessee is partly allowed

ITA 633/JPR/2023[2014-15]Status: DisposedITAT Jaipur30 Apr 2024AY 2014-15

Bench: Dr. Manish Borad & Dr. S Seethalakshmi

Section 143(3)Section 148Section 250Section 56(2)(vii)Section 56(2)(viib)

147 of the Act by ITO, Wd-TONK dated 25.12.2018. 2. Though the assessee has raised as many as five grounds of appeal but the sole grievance is against the addition of Rs.38,25,073/- made u/s. 56(2)(viib) of the Act. 3. Facts in brief are that the assessee is an individual earning income from salary and tuition

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

2
ITA 86/JPR/2022[2012-13]Status: DisposedITAT Jaipur30 Jun 2022AY 2012-13

u/s 153A r.w.s. 153B/143(3) of the Act vide order dated 30.12.2019 at total income of Rs. 43,88,06,060/- buy making an addition of Rs. 43,88,06,060/- on account of deemed income as per provisions of sec. 56(2)(viia) of the Act to the declared income of the appellant. The assessee objected to the proposed

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

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

ITA 1277/JPR/2024[2015-16]Status: DisposedITAT Jaipur11 Apr 2025AY 2015-16
For Appellant: Shri Rajendra SisodiaFor Respondent: Shri Rajesh Ojha, CIT-DR
Section 132Section 132(1)Section 132(4)Section 139Section 143(3)Section 153ASection 250

section 132 of the Income Tax act together. The documents related to dissolution of JV of both of them were found from the premises of both the persons. Both of them accepted that the transaction in question was not loan but an accommodation entry against the settlement of dispute. In fact, some of the amounts as per seized paper

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