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 115BBE as against normal tax rate. The findings of both the lower authorities are not in accordance with law and unsustainable in the eyes of law. a.3.(iii) The cash sale of cheja (Masonry) stone, fire wood, and scrap sale was treated partly as explained and partly unexplained while the nature of transaction and documentation are same

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

68 (Allahabad)/[2021] 438 ITR 657 (Allahabad)\n[10-02-2020) held that Where Assessing Officer worked out profit on basis of\ncontract/subcontract income but failed to add interest income shown in books as\nother income, subsequently, on basis of audit objection, Assessing Officer was\njustified in invoking section 147/148 and reassessing 'interest income\nHon'ble Supreme Court

M/S GANPATI EXCLUSIVE DESIGNER SAREES PVT. LTD.,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, JAIPUR

In the result, appeal of the assessee is allowed

68,940.00 the G.P. rate of 8.60% as against the declared G.P rate of 8.52% declared by assessee 2. On account of late deposit of employee 33,914.00 contribution of Provident Fund and ESI under sec. 36(1)(va) Total Additions 8,02,854.00 12. By the impugned order, the ld. CIT(A) estimated the G.P. @ 8.56% as against

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, JAIPUR vs. M/S GANPATI EXCLUSIVE DESIGNER SAREES PVT. LTD., JAIPUR

In the result, appeal of the assessee is allowed

68,940.00 the G.P. rate of 8.60% as against the declared G.P rate of 8.52% declared by assessee 2. On account of late deposit of employee 33,914.00 contribution of Provident Fund and ESI under sec. 36(1)(va) Total Additions 8,02,854.00 12. By the impugned order, the ld. CIT(A) estimated the G.P. @ 8.56% as against

SMT. BIRMA DEVI,JAIPUR vs. INCOME TAX OFFICER, WARD-6-2, JAIPUR

In the result, appeal of the assessee is allowed in terms indicated

Bench: The Hearing Of This Appeal.”

68,81,546/- and shown long term capital gain of Rs.5,39,67,684/- and claimed deduction u/s 54B of Rs.5,39,67,384/-. The AO noted that the sale of agricultural lands at Muhana, Sanganer have been made on 06/02/2013 and further agricultural lands purchased on 28/08/2014 at Mauja Shiekpur, Fatehabad. Thus, it was noted by the AO that

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

RAJESH AGARWAL,VIDHYADHARA NAGAR JAIPUR vs. INCOME TAX OFFICER WD 4(1), ITO JAIPUR

68", "Section 69C", "Section 249(2)", "Section 271(1)(c)", "Section 260A", "Section 30(1)", "Section

SDC CONSTRUCTION,JAIPUR vs. ITO, WD 1(3), JIAPUR

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

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

2.- Where in relation to an assessment year, an assessment is made for the first time under section 147, the assessment so made shall be regarded as a regular assessment for the purposes of this section. Explanation 3. In Explanation 1 and in 12 SDC Construction, Jaipur. sub-section (3)." tax on the total income determined under

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

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,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

INCOME TAX OFFICER, WARD-1(2), JAIPUR, JAIPUR vs. MUKESH KUMAR SONI, JAIPUR

In the result appeal of the revenue is dismissed and the cross

Bench: Moving Towards The Facts Of The Case We Would Like To Mention

249 ITR 216 (SC) The principle of natural justice is so fundamental that failure to observe the principle of natural justice cannot be made good in appeal. Lack of opportunity before the A O cannot be rectified by the appellate authority by giving such opportunity. 3. CCE Vs ITC Ltd (1995) 2 SCC 38 (SC) Before an assessee is made

SHRI NAWAL KISHORE SONI,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR

In the result, all the appeals of the revenue are dismissed whereas all the appeals of the assessee are allowed

68 or section 69 or section 69A or section 69B or section 69C or section 69D. 24. We observe that this amendment takes effect from 1st of April, 2017 and will, accordingly, apply from assessment year 2017-18 and subsequent assessment years. Accordingly, we hold that the assessee current loss is allowable

SHRI NAWAL KISHORE SONI,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR

In the result, all the appeals of the revenue are dismissed whereas all the appeals of the assessee are allowed

68 or section 69 or section 69A or section 69B or section 69C or section 69D. 24. We observe that this amendment takes effect from 1st of April, 2017 and will, accordingly, apply from assessment year 2017-18 and subsequent assessment years. Accordingly, we hold that the assessee current loss is allowable

ACIT, CENTRAL CIRCLE-3, JAIPUR vs. SHRI NAVAL KISHORE SONI, JAIPUR

In the result, all the appeals of the revenue are dismissed whereas all the appeals of the assessee are allowed

68 or section 69 or section 69A or section 69B or section 69C or section 69D. 24. We observe that this amendment takes effect from 1st of April, 2017 and will, accordingly, apply from assessment year 2017-18 and subsequent assessment years. Accordingly, we hold that the assessee current loss is allowable

SHRI NAWAL KISHORE SONI,JAIPUR vs. ACIT, CENTRAL CIRCLE-3, JAIPUR

In the result, all the appeals of the revenue are dismissed whereas all the appeals of the assessee are allowed

68 or section 69 or section 69A or section 69B or section 69C or section 69D. 24. We observe that this amendment takes effect from 1st of April, 2017 and will, accordingly, apply from assessment year 2017-18 and subsequent assessment years. Accordingly, we hold that the assessee current loss is allowable

ACIT, CENTRAL CIRCLE-3, JAIPUR vs. SHRI NAVAL KISHORE SONI, JAIPUR

In the result, all the appeals of the revenue are dismissed whereas all the appeals of the assessee are allowed

68 or section 69 or section 69A or section 69B or section 69C or section 69D. 24. We observe that this amendment takes effect from 1st of April, 2017 and will, accordingly, apply from assessment year 2017-18 and subsequent assessment years. Accordingly, we hold that the assessee current loss is allowable

ACIT, CENTRAL CIRCLE-3, JAIPUR vs. SHRI NAVAL KISHORE SONI, JAIPUR

In the result, all the appeals of the revenue are dismissed whereas all the appeals of the assessee are allowed

68 or section 69 or section 69A or section 69B or section 69C or section 69D. 24. We observe that this amendment takes effect from 1st of April, 2017 and will, accordingly, apply from assessment year 2017-18 and subsequent assessment years. Accordingly, we hold that the assessee current loss is allowable

ACIT, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. CHANDRA MOHAN BADAYA, JAIPUR

In the result the four appeals filed by the assessee stands

Bench: Him In The Case Of The Assessee For All These Four Assessment Year.

2,80,000/- was added as per provision of section 68 of the Act. 5.13 SCN Query no. 13 of ld. AO The ld. AO also found from that excel sheet-9 Name A/c of Vinayak Sonkhiya was recorded. On this sheet the cash loan was recorded for an amount of Rs. 4,34,88,700/- plus interest

ACIT, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. CHANDRA MOHAN BADAYA, JAIPUR

In the result the four appeals filed by the assessee stands

Bench: Him In The Case Of The Assessee For All These Four Assessment Year.

2,80,000/- was added as per provision of section 68 of the Act. 5.13 SCN Query no. 13 of ld. AO The ld. AO also found from that excel sheet-9 Name A/c of Vinayak Sonkhiya was recorded. On this sheet the cash loan was recorded for an amount of Rs. 4,34,88,700/- plus interest