VIDYA SAMITI ARYA SAMAJ,JAIPUR vs. ITO, EXEMPTION - 1, JAIPUR, JAIPUR

In the result, both the appeals of the assessee are allowed for statistical purposes

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

section 249(4). In fact, as per the return of income no tax was payable and even other wise as per CBDT’s guideline assessee has paid the 20 % of the demand. Based on that set of facts, assessee was advised to present these set of facts before the ld. CIT(A) and they were given to understand that

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

4 with two basements, stilt and building upto height of 30 meters. The building plan was sanctioned by Kota Development Authority vide letter dated 15/10/2015. The most of the land in Kota is stony or say rocky and the assessee’s land was also situated in a stony/rocky area. Whenever the excavation was made, it is natural that either sand

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

PROFESSIONAL AUTOMOTIVES PRIVATE LIMITED,JAMMU vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, JAIPUR

In the result the appeal of the assessee in ITA no

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, आयकर अपील /ITA Nos.809 to 815/JP/2025 निर्धारण वर्ष /Assessment Years :2013-14 to 2019-20 Professional Automotives Pvt. बनाम ACIT, Ltd. Bahu Plaza, Bahu Plaza, Jammu Vs. Central Circle- 1, and Kashmir Jaipur स्थायी लेखा सं./जी.आई.आर. सं./PAN/GIR No.:AAACP9608E अपीलार्थी/Appellant प्र]त्यर्थी/Respondent निर्धारिती की ओर से / Assessee by :Shri Tarun Mittal, CA राजस्व की ओर से /Revenue by: Shri Ajey Malik, CIT (Th. V.C)

Section 194 and 200 were challenged. It was noted in P. RatnakarRao and others V. Govt. Of A.P. and others (1996 (5) SCC 359) that the discretion given under Section 200(1) to the State Government to prescribe maximum rates for compounding the offence is not unguided, uncanalised and arbitrary. It was, inter alia, held as follows

CREATIVE REALMART PRIVATE LIMITED,JAIPUR vs. INCOME TAX OFFICER WARD-3(5), JAIPUR

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

Bench: Filing Of Appeal In Form-35 & Appellant Has Not Done Any Non-Compliance As Per Section 249(4)(B) Of The Income-Tax Act, 1961

249(4)(b) of the Income Tax Act. 2.3 On the other hand, the ld.DR supported the orders of the lower authorities. 2.4 We have heard both the parties and perused the materials available on record. Brief facts of the case are that the assessee company filed original return of income for the assessment year

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

4 of his assessment order. The AO further noted that the receipt of share capital is Rs. 3,03,000/- and the premium is to the tune of Rs. 2,99,97,000/- during the year under consideration which is not only abnormal but also appeared to be part of a well planned exercise of tax evasion. Accordingly

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

4 of his assessment order. The AO further noted that the receipt of share capital is Rs. 3,03,000/- and the premium is to the tune of Rs. 2,99,97,000/- during the year under consideration which is not only abnormal but also appeared to be part of a well planned exercise of tax evasion. Accordingly

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.

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 of Rs. 23,04,066/- and the same was added

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.

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 of Rs. 23,04,066/- and the same was added

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

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 of Rs. 23,04,066/- and the same was added

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.

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 of Rs. 23,04,066/- and the same was added

ACIT, CC-2, JAIPUR, INCOME TAX DEPARTMENT 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.

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 of Rs. 23,04,066/- and the same was added

URMILA RAJENDRA MUNDRA,AJMER vs. INCOME TAX OFFICER, WARD-2(2), AJMER, AJMER

In the result grounds raised by the assessee is allowed

Bench: SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

68 (Rule 129) which also has been denied by AO since considered such disallowances as “MISREPORTING” enclosed copy of notice u/sec. 270AA dated 02/05/2024 of Income Tax Officer, Ward 2(2), Ajmer. (Page 3 to 4) Under similar circumstances; Hon’ble ITAT in Appeal No. 68/JODH/2024 A.Y. 2017-18 in case of Triupati Jewellers Jodhpur has held; Copy Enclosed. (Page

VENKATESHWARA WIRES PVT. LTD.,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: The Ld. Ao As Well As Before The Ld. Cit(A) As The Documents Submitted Was Only In Support Of Confirmations & Other Documents Already Submitted & No New Documents Were Submitted. 2. The Assessee Craves Your Indulgence To Add Amend Or Alter All Or Any Grounds Of Appeal Before Or At The Time Of Hearing.”

4 lac only. It 2.There is deposit of Rs.8 is submitted that Purvi Chainani has also lacs on the same day advanced loan of Rs. 6 lac to Shri Raj when loan is given. Shree Kumar, Rs.600000 to Royal 3.The balance in the bank Pharma and Rs.400000 Subash K Bawzi. account is reduced to Rs. This shows the capacity

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