ACIT(EXEMPTION), JAIPUR vs. MAHIMA SHIKSHA SAMITI, JAIPUR

In the result, all the grounds taken by the Revenue are dismissed and ground taken by the assessee society is allowed

1 April 2018 that where such donations are made with specific directions to form part of corpus of the recipient entity, it will not be considered as application of income in the hands of the donor entity. However, the donations with no specific directions to the recipient entity continue to be eligible as application of income. 48. In the instant

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)

11 Shankar Lal Ludhani 6. To support the contention so raised in the written submission reliance was placed on the following evidence / records / decisions: S. No. Contents Pages 1 Submission before CIT(A) dated 26.12.2024 1-4 2 Assessment order u/s 147 dated 27.05.2021 5-7 3 Penalty notice u/s 271AAC(1) dated

JAIPUR ENGINEERING COLLEGE JAIPUR RAJASTHAN SOCIETY,JAIPUR vs. CIRCLE (EXEMPTION), JAIPUR, JAIPUR

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

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

Section 164 (2) of the Act and the Court decision referred above. Thus Ground No. 1 is restored to file of the AO to decide it afresh by providing opportunity of hearing to the assessee. 5.1 In Ground No. 2, the assessee is aggrieved that the Ld. CIT(A), NFAC has erred on facts and in law in confirming

ARAVALI BUILDHOMES LLP,JAIPUR vs. AO CPC, JAIPUR

In the result, the appeal of the assessee is allowed

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

68 taxmann.com 298 (Kerala), the Kerala High Court held that a return filed by assessee beyond period stipulated under section 139(1) or 139(4) or under section 142(1) or section 148 can also be accepted and acted upon for entertaining claim raised under section 80P provided further proceedings in relation to such assessments

KATRATHAL GRAM SEWA SAHKARI SAMITI LIMITED ,KATRATHAL vs. ITO WARD 1 SIKAR, SIKAR

68 taxmann.com 298 (Kerala), the Kerala High Court held\r\nthat a return filed by assessee beyond period stipulated under section 139(1) or\r\n139(4) or under section 142(1) or section 148 can also be accepted and acted\r\nupon for entertaining claim raised under section 80P provided further\r\nproceedings in relation

M/S. RAMBHOJO'S,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JAIPUR

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

d lnL; ,oa Jh foØe flag ;kno] ys[kk lnL; ds le{k BEFORE: SHRI VIJAY PAL RAO, JM & SHRI VIKRAM SINGH YADAV, AM vk;dj vihy la-@ITA. No. 991/JP/2017 fu/kZkj.k o"kZ@Assessment Years : 2014-15 cuke M/s Rambhajo’s The ACIT, Vs. 397, First Floor, Ram Bhawan, Central Circle-1 Hanumanji Ka Rasta, Jaipur. Jaipur. LFkk

RSD CONTAINERS PRIVATE LIMITED,JAIPUR vs. ITO, WARD 7(1), JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed

section 32, shall be allowed to the assessee under any provision of this Act in computing total income.. Therefore, since, the case at hand is of the assessment year, 2017-18 and during that year no set off of loss (including unabsorbed depreciation) was allowed against income u/s. 68, I dismiss this ground. 11. Vide ground

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

68,89,419/- i.e\n40,33,412/- on account of construction expenses and added in total income of\nthe assessee. without considering the fact that it was never claimed by the\nassessee appellant.\n7. That on the facts and in the circumstances of the case, the ld. Ld. Lower\nAuthority grossly erred in confirming the disallowance of Rs 1

RAMESH CHAND BANSAL,BEAWAR vs. DCIT, AJMER

In the result, the appeals of the assessee are allowed

d lnL; ,o Jh HkkxpUn] ys[kk lnL; lnL; ds le{k BEFORE: SHRI VIJAY PAL RAO, JM & SHRI BHAGCHAND, AM vk;dj vihy la-@ITA No. 398,399, 400 & 401/JP/2015 fu/kZkj.k o"kZ@Assessment Year: 2007-08, 2008-09, 2009-10 & 2010-11 cuke Shri Ramesh Chand Bansal The DCIT Vs. 27, Ravidatt, Arya Nagar, Central Circle Beawar Ajmer

TRANSINDIA NONWOVENS PVT. LTD.,JAIPUR vs. DCIT, CPC, BANGALORE

In the result, the appeal of the assessees is allowed

d), (e) and (f), are omitted from the above proviso and, furthermore second proviso was removed by Finance Act, 2003 therefore, the deduction towards the employer's contribution, if paid, prior to due date of filing of return can be claimed by the assessee. In our view, the explanation appended to Section 36(1)(va) of the Act further

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

In the result, the appeal of the assessee is allowed

d).\nWithout doubting opening stock, purchases and sales (e). On mistaken belief of\nquantum of cash deposits and cash sales made during demonetisation, Which is\nhighly unjustified, illegal and liable to be quashed entirely.\n2. Assessee deserves right to amend, alter, delete and modify any ground of\nappeal on or before the date of hearing of appeal.”\n3. Succinctly

DCIT, JAIPUR vs. RAJASTHAN COOPERATIVE DAIRY FEDERATION LTD, JAIPUR

In the result the appeal of the revenue in ITA No

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

d) or cl. (e) or cl. (f) are omitted from the above proviso and therefore deduction towards the employees contribution paid can be claimed by the assessee. The Explanation to clause (va) of s. 36(1) of the Income-tax Act further makes it very clear that the amount actually paid by the assessee on or before the due date

DCIT, JAIPUR vs. RAJASTHAN COOPERATIVE DAIRY FEDERATION LTD, JAIPUR

In the result the appeal of the revenue in ITA No

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

d) or cl. (e) or cl. (f) are omitted from the above proviso and therefore deduction towards the employees contribution paid can be claimed by the assessee. The Explanation to clause (va) of s. 36(1) of the Income-tax Act further makes it very clear that the amount actually paid by the assessee on or before the due date

DCIT, JAIPUR vs. RAJASTHAN COOPERATIVE DAIRY FEDERATION LTD, JAIPUR

In the result the appeal of the revenue in ITA No

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

d) or cl. (e) or cl. (f) are omitted from the above proviso and therefore deduction towards the employees contribution paid can be claimed by the assessee. The Explanation to clause (va) of s. 36(1) of the Income-tax Act further makes it very clear that the amount actually paid by the assessee on or before the due date

ITO, WAR-4(1), JAIPUR vs. SHRI AMIT AGARWAL, JAIPUR

In the result, this appeal of the Revenue is dismissed

Bench: Shri Sandeep Gosain, Jm & Shri Vikram Singh Yadav, Am

11,59,121.65 67 3. 28.03.2017 31 68 3,60,200.00 Total goods taxable @ 1% GST sold 50,00,053.11 69 Since the amount received as advance was for trading activity, the same was shown as trade creditors towards liability side of the balance sheets every year till goods was sold to M/s. Avi Enterprises in March

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

1) “Under the existing provisions of the Income-tax Act, certain unexplained amounts are deemed as income under section 68, section 69, section 69A, section 69B, section 69C and section 69D of the Act and are subject to tax as per the tax rate applicable to the assessee. In case of individuals

KANHAIYALAL RAMESHWAR DAS,KOTA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR

68,088/- being\ndisallowances out of certain expenses claimed. The assessee firm filed an\nappeal against the said order. Thereafter Ld. A.O. issued a notice u/s 154 dated\n10-7-2017 on the ground that assessee was allowed set off of brought forward\nunabsorbed depreciation of Rs.21,13,949/- of A.Y. 2001-02 & earlier years which\nwas irregular

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

68,89,419/- i.e\n40,33,412/- on account of construction expenses and added in total income of\nthe assessee. without considering the fact that it was never claimed by the\nassessee appellant.\n7. That on the facts and in the circumstances of the case, the ld. Ld. Lower\nAuthority grossly erred in confirming the disallowance of Rs 1