SHANKAR LAL LUDHANI THROUGH LATA DEVI LUDHANI AS LEGAL HEIR,AJMER vs. DCIT, CENTRAL CIRCLE, AJMER, AJMER

In the result, the appeal of the assessee is allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

68, section 65. section 69A, section 698, section 690 or section 690 to the extent such income has been included by the assessee in the return of income furnished under section 139 and the tax in accordance with the provisions of clause (i) of sub section (1) of section 11588E has been

SUWALKA AND SUWALKA PROPERTIES AND BUILDERS PVT LTD,KOTA, RAJASTHAN vs. ACIT, CENTRAL CIRLCE, KOTA, KOTA, RAJASTHAN

Bench: Him Challenging The 2 Suwalka & Suwalka Properties & Builders Pvt. Ltd. Vs. Acit Assessment Order Dated 22.12.2019 Passed U/S.143(3)Of The Income Tax

section 69A is not applicable on the facts of the case are treated as disposed of as the addition is being upheld u/s 68 of the I.T. Act. The decisions relied upon by the appellant in this regard are not found to be applicable in view of these findings. The appellant has raised further Ground No. 2 (a) Cash

SHREE DURGA JEWELLERS,JAWAHAR NAGAR JAIPUR vs. AO CIRCLE 4 JAIPUR, CR BUILDING JAIPUR

In the result, the appeal of the assessee is allowed

section 143(3) of the Income Tax Act, 1961 [ for\nshort \"Act\"] by the ACIT / DCIT, Circle-5, Jaipur [ for short AO].\n\n2.\nITA No.33/JP/2025\nShree Durga Jewellers vs. ACIT\nIn this appeal, the assessee has raised the following grounds: -\n\"1. On the facts and in the circumnutates of the case as well

MAHESH KUMAR GUPTA,JAIPUR vs. ACIT ,CIRCLE-4, JAIPUR

In the result, appeal of the assessee is allowed

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

Section 115BBE, as being not in accordance with the relevant law. 3. The assessee craves his right to add, amend or alter any of the grounds on or before the date of hearing.” 3. The fact as culled out from the records is that the assessee is engaged in the business of wholesale and retrial business of gold

DCIT, JAIPUR vs. GURU PRAGYA INFRA (P) LTD., JAIPUR

68,155/-. This deduction was revised in assessment proceeding to Rs.1,41,53,488/- but restricted to Rs.1,08,11,680/- i.e. to the extent of available profit. 4. The AO disallowed the claim of deduction for the reason that assessee has not fulfilled the following conditions prescribed u/s 80- IB(10):- (i) As per section 80-IB(10

PEEYUSH AGARWAL,JAIPUR, RAJASTHAN vs. ITO, WARD 1(5), JAIPUR, JAIPUR, RAJASTHAN

In the result Ground and 1 and 2 raised by the assessee are allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI GAGAN GOYAL (Accountant Member)

10) TMI 425 - ITAT JAIPUR in ITA No. 302/JP/2024 Dated: October 3, 2024 (Copy at Case laws PB Page No 264-328) “16. Ground no. 2 relates to action of the lower authority treating the part of the sales attributable to cash sales as unexplained money (under section 69A) or that of the unexplained cash credits (under section

SHRI BHANWAR LAL KHICHI,AJMER vs. INCOME TAX OFFICER, WARD-2-3, AJMER

In the result, the appeal of the assessee is allowed

3) of the Income Tax Act and exemption has been allowed under Section 10(23C)(vi) of the Income Tax Act. It is pertinent to state that in the Assessment Order for AY 2012-13, the 27 M/s Singhania University vs. CIT(E) Assessing Officer has categorically noted that the Appellant University is purely educational institution

SURENDRA PAL SINGH SAHNI,KOTA vs. ASSTT. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOTA, KOTA

In the result, the appeal of the assessee is allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

10.” 30 Geeta Devi Agarwal vs. ITO The perusal of section 68 reveals that it is applicable only when the books of account are maintained by the assessee and entry of credit in such books of accounts are found unexplained The conditions for the applicability of Section 68 are 1. The existence of Books of account maintained

GEETA DEVI AGARWAL,JAIPUR vs. INCOME TAX OFFICER, ITO WD 1(4), JPR, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, आयकर अपील सं. / ITA No. 450/JP/2025 निर्धारण वर्ष / Assessment Year : 2017-18 Badri Lal Agarwal through Legal heir Smt. Geeta Devi G-5, Shyama Residency, Plot No. 7, Purander Ji Ka Bag Moti Doongri Road, Jaipur स्थायी लेखा सं. / जीआईआर सं./PAN/GIR No.: ALGPA5194C अपीलार्थी / Appellant निर्धारिती की ओर से / Assessee by: Sh. S. B. Natani, CA राजस्व की ओर से / Revenue by : Sh. Gautam Singh Choudhary, JCIT सुनवाई की तारीख /

10.” 30 Geeta Devi Agarwal vs. ITO The perusal of section 68 reveals that it is applicable only when the books of account are maintained by the assessee and entry of credit in such books of accounts are found unexplained The conditions for the applicability of Section 68 are 1. The existence of Books of account maintained

ACIT, CENTRAL CIRCLE, ALWAR vs. SHRI BABU LAL DATA, 2015-16

In the result, appeal of the revenue is dismissed

10. 5.2 Reading the provision of section 68, it becomes clear that the said section is attracted to make addition in respect of unexplained cash credit in following circumstances; 1. Any sum is found credited in the books of an assessee. 2. Such books should be maintained for the relevant previous year. 3

SHRI BABU LAL DATA,ALWAR vs. DCIT, CENTRAL CIRCLE, ALWAR

In the result, appeal of the revenue is dismissed

10. 5.2 Reading the provision of section 68, it becomes clear that the said section is attracted to make addition in respect of unexplained cash credit in following circumstances; 1. Any sum is found credited in the books of an assessee. 2. Such books should be maintained for the relevant previous year. 3

SHRI BABU LAL DATA,ALWAR vs. DCIT, CENTRAL CIRCLE, ALWAR

In the result, appeal of the revenue is dismissed

10. 5.2 Reading the provision of section 68, it becomes clear that the said section is attracted to make addition in respect of unexplained cash credit in following circumstances; 1. Any sum is found credited in the books of an assessee. 2. Such books should be maintained for the relevant previous year. 3

ACIT, CENTRAL CIRCLE, ALWAR vs. SHRI BABU LAL DATA, 2015-16

In the result, appeal of the revenue is dismissed

10. 5.2 Reading the provision of section 68, it becomes clear that the said section is attracted to make addition in respect of unexplained cash credit in following circumstances; 1. Any sum is found credited in the books of an assessee. 2. Such books should be maintained for the relevant previous year. 3

NITIN VIJAY,JAIPUR vs. ITO WARD 1(4), JAIPUR, JAIPUR

3 of the assessment order, it is found by the A.O. that the nature of\nbusiness mentioned in all the income. tax returns filed by the appellant including\nthe return filed for the current and earlier assessment years is 'legal profession\nand not trading in gold bars. On verification of Audited balance sheet & Profit &\nloss A/c, details of purchases & sale

ABHAY CHORDIA,JAIPUR vs. THE ACIT, JAIPUR

In the result the appeal filed by the assessee is allowed

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

68, Section 69, Section 69A, Section 69B, Section 69C or Section 69D, at the rate of 30% (plus surcharge and cess) without allowing any deduction for any expenditure or allowance. 2. Thereafter, the provisions of sub-section (1) of Section 115BBE were substituted by Taxation Laws (Second Amendment) Act, 2016, w.e.f

SANJAY LUNIA,AJMER vs. ITO WD-2(1), AJMER

In the result, the appeal filed by the assessee is allowed

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

10 Sanjay Lunia vs.ITO (2) Not withstanding anything contained in this Act, no deduction in respect of any expenditure or allowance shall be allowed to the assessee under any provision of this Act in computing his income referred to in clause (a) of sub-section (1)." The real purpose of introducing this provision was to charge higher

CENTRE FOR DEVELOPMENT COMMUNICATION TRUST,JAIPUR vs. COMMISSIONER OF INCOME TAX EXEMPTION, JAIPUR

3) of section 143 provide that no\norder under this sub-section shall be made, denying the\nbenefits of clause (23C) of section 10, unless the Assessing\n186-196\nOfficer has intimated the Central Government or\nprescribed authority the contravention of the provisions of\nsub-clause (iv) or sub-clause (v) or sub-clause

INSTITUTE MANAGEMENT COMMITTEE ITI JHALAWAR,JHALAWAR vs. ITO WARD JHALAWAR, JHALAWAR

The appeals of the assessee are hereby allowed

10(23C)(iiiad), which is illegal and now it is\nthe settled legal position of law that if no addition on the reasons recorded has\nbeen made then no other addition or disallowance or denial of exemption or\nclaim or deduction can be made, for this kindly refer following decisions:\n(a) In the case of CIT vs. Shri

INSTITUTE MANAGEMENT COMMITTEE ITI JHALAWAR ,JHALAWAR vs. ITO WARD JHALAWAR, JHALAWAR

The appeals of the assessee are hereby allowed

10(23C)(iiiad), which is illegal and now it is\nthe settled legal position of law that if no addition on the reasons recorded has\nbeen made then no other addition or disallowance or denial of exemption or\nclaim or deduction can be made, for this kindly refer following decisions:\n(a) In the case of CIT vs. Shri