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)

132 or making requisition under Section 132A of the Act stand abated and not the assessments/reassessments already finalised for those assessment years covered under Section 153A of the Act. By a circular No. 8 of 2003 dated 18-9 2003 (See 263 ITR (St) 61 at 107) the CBDT has clarified that on initiation of proceedings under Section

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)

132 or making requisition under Section 132A of the Act stand abated and not the assessments/reassessments already finalised for those assessment years covered under Section 153A of the Act. By a circular No. 8 of 2003 dated 18-9 2003 (See 263 ITR (St) 61 at 107) the CBDT has clarified that on initiation of proceedings under Section

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)

132 or making requisition under Section 132A of the Act stand abated and not the assessments/reassessments already finalised for those assessment years covered under Section 153A of the Act. By a circular No. 8 of 2003 dated 18-9 2003 (See 263 ITR (St) 61 at 107) the CBDT has clarified that on initiation of proceedings under Section

SHRI RAJENDRA AGRAWAL,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX , KOTA

In the result, appeal of the assessee is allowed and the appeal of the revenue

68,470/- on account of Long Term Capital Gain and commission charges of Rs. 9,000/-. The assessment was completed under section 143(3) read with section 153B of the IT Act at the total income of Rs. 12,24,18,200/-. The AO then initiated the proceedings for levy of penalty under section 271AAB

RAMESH CHAND BANSAL,BEAWAR vs. DCIT, AJMER

In the result, the appeals of the assessee are allowed

68,040/-. Hence, the pleading on the ground of equity also fails. 5.7 Thus though surrender was during the search in course of statements u/s 132(4), the disclosure u/s 132(4), by itself cannot redeem the appellant from deeming provisions of the explanation 5A to section 271(1

ANSHU SAHAI (HUF), JAIPUR,JAIPUR vs. ACIT, CENTRAL CIRCLE 2, JAIPUR, JAIPUR

section\n115BBE.\n5. The Assessee craves its right to add, amend or alter any of the grounds\non or before the date of hearing.\n5. Succinctly, the facts as culled out from the records are that a search\nand seizure action u/s 132 of the Income Tax Act, 1961 (\"the Act\") and/or\nsurvey action u/s 133A

ANSHU SAHAI (HUF),JAIPUR vs. ACIT, CENTRAL CIRCLE, CENTRAL CIRCLE

1).\nThe above judgement also needs to be considered in the interpretation of the \nidentifying the block of 10 years of the section 153C of the Act. There are \nnumerous judgements wherein it has been held that provisions of section 158BD \nand 153C are in substance similar and in section 158BD the block period is not \ndependent

ANSHU SAHAI (HUF), JAIPUR,JAIPUR vs. ACIT, CENTRAL CIRCLE 2, JAIPUR, JAIPUR

section \n115BBE. \n\n5. The Assessee craves its right to add, amend or alter any of the grounds \non or before the date of hearing. \n\n5. Succinctly, the facts as culled out from the records are that a search \nand seizure action u/s 132 of the Income Tax Act, 1961 (\"the Act\") and/or \nsurvey action u/s 133A

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOTA vs. M/S KOTA DALL MILL, KOTA

1)or 143(3)of the IT Act.The common facts and disputes running through all the assessments framed under section 153A are that the AO proposed to make the addition under section 68 of the IT Act in respect of the unsecured loans and partners’ capital received by the assessee. The AO relied upon the information/details and statement

M/S KOTA DALL MILL,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOTA

1)or 143(3)of the IT Act.The common facts and disputes running through all the assessments framed under section 153A are that the AO proposed to make the addition under section 68 of the IT Act in respect of the unsecured loans and partners’ capital received by the assessee. The AO relied upon the information/details and statement

M/S KOTA DALL MILL,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOTA

1)or 143(3)of the IT Act.The common facts and disputes running through all the assessments framed under section 153A are that the AO proposed to make the addition under section 68 of the IT Act in respect of the unsecured loans and partners’ capital received by the assessee. The AO relied upon the information/details and statement

M/S KOTA DALL MILL,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOTA

1)or 143(3)of the IT Act.The common facts and disputes running through all the assessments framed under section 153A are that the AO proposed to make the addition under section 68 of the IT Act in respect of the unsecured loans and partners’ capital received by the assessee. The AO relied upon the information/details and statement

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

132 of the Act, notice under Section 153 A(1) will have to be mandatorily issued to the person searched requiring him to file returns for six AYs immediately preceding the previous year relevant to the AY in which the search takes place. ii. Assessments and reassessments pending on the date of the search shall abate. The total income

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SNEHLATA AGARWAL, SIKAR

In the result, the appeals of the revenue in ITA No

section 132(1) of the Income Tax Act, 1961\nwas carried out on 13.06.2019 at the various premises of Dewan Group.\n\n14\nITA No. 301 and others /JP/2025 & CO No. 2 and others-JP-2025\nDCIT vs. Vaibhav Banka and others\nAssessment in the case of assessee was completed u/s 153A of the I.T. Act,\n1961

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. TRILOK DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

132 or requisition under section 132A of the Act, 1961.\nHowever, the completed/unabated assessments can be re-opened by the AO\nin exercise of powers under sections 147/148 of the Act, subject to fulfilment\nof the conditions as envisaged/mentioned under sections 147/148 of the Act\nand those powers are saved.\nThe question involved in the present

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SUBHASH CHANDRA BANKA, SIKAR

In the result, the appeals of the revenue in ITA No

132 or requisition under section 132A of the Act, 1961.\nHowever, the completed/unabated assessments can be re-opened by the AO\nin exercise of powers under sections 147/148 of the Act, subject to fulfilment\nof the conditions as envisaged/mentioned under sections 147/148 of the Act\nand those powers are saved.\nThe question involved in the present

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. PRIYA DEWAN, SIKAR

In the result, the appeals of the revenue in ITA No

132 or requisition under section 132A of the Act, 1961.\nHowever, the completed/unabated assessments can be re-opened by the AO\nin exercise of powers under sections 147/148 of the Act, subject to fulfilment\nof the conditions as envisaged/mentioned under sections 147/148 of the Act\nand those powers are saved.\nThe question involved in the present

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. USHA BANKA, SIKAR

In the result, the appeals of the revenue in ITA No

132 or requisition under section 132A of the Act, 1961.\nHowever, the completed/unabated assessments can be re-opened by the AO\nin exercise of powers under sections 147/148 of the Act, subject to fulfilment\nof the conditions as envisaged/mentioned under sections 147/148 of the Act\nand those powers are saved.\nThe question involved in the present

DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR vs. SNEHLATA AGARWAL, SIKAR

In the result, the appeals of the revenue in ITA No

132 or requisition under section 132A of the Act, 1961.\nHowever, the completed/unabated assessments can be re-opened by the AO\nin exercise of powers under sections 147/148 of the Act, subject to fulfilment\nof the conditions as envisaged/mentioned under sections 147/148 of the Act\nand those powers are saved.\nThe question involved in the present