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

68 as against 69A applied by the ld AO and taxed the amount Rs. 2,64,00,000/- under 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

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 68 treatings deposits of SBNs found in its bank\naccount as unexplained credit in hands of assessee Held, yes [Paras 70 to 77] [In\nfavour of revenue]\"\nThe relevant paras from the order are as under:-\n\"72. Furthermore, the conduct of the assessee was abnormal and it had caused\nimmense harm to well intention notification

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

45,920/-. The assessed\nincome was Rs.69,93,354/- u/s 250 of the IT Act vide order dated 24.11.2016.\nLater, the audit objection/observations were raised by the Internal Audit Party vide\nAudit memo No. 39 dated 08.12.2015 in the case of M/s Millenium Technocrat\nColonizers Pvt. Ltd., for the A.Y 2012-13. The IAP vide their para no. 2

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

section 12AA as a charitable entity undertaking educational activity and thus qualify as an eligible entity for receiving contributions from the assessee society. The contribution of Rs 3,86,84,912 is made by the assessee society out of income generated during the year under consideration as apparent from the return of income and computation of income available

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

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

In the result, appeal of the revenue is dismissed

2. "Or the facts and circumstances of the case and in law the Ld.CIT(A) has erred in deleting the addition made on unexplained jewelry of Rs.25,34,587/- ignoring the fact that the assessee has not submitted any concrete evidence in support of jewelry found during search proceedings." 3. "On the facts and circumstances of the case

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

In the result, appeal of the revenue is dismissed

2. "Or the facts and circumstances of the case and in law the Ld.CIT(A) has erred in deleting the addition made on unexplained jewelry of Rs.25,34,587/- ignoring the fact that the assessee has not submitted any concrete evidence in support of jewelry found during search proceedings." 3. "On the facts and circumstances of the case

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

In the result, appeal of the revenue is dismissed

2. "Or the facts and circumstances of the case and in law the Ld.CIT(A) has erred in deleting the addition made on unexplained jewelry of Rs.25,34,587/- ignoring the fact that the assessee has not submitted any concrete evidence in support of jewelry found during search proceedings." 3. "On the facts and circumstances of the case

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

In the result, appeal of the revenue is dismissed

2. "Or the facts and circumstances of the case and in law the Ld.CIT(A) has erred in deleting the addition made on unexplained jewelry of Rs.25,34,587/- ignoring the fact that the assessee has not submitted any concrete evidence in support of jewelry found during search proceedings." 3. "On the facts and circumstances of the case

SHRI KALYAN BUILDMART PVT. LTD,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX-2, JAIPUR, JAIPUR

Bench: The Date Of Hearing.”

45,140/- (790*76766) and excess share premium so generated of Rs.37,44,21,870/- (435067010-60645140) without any authenticity of sources being disclosed. Consequently, excess premium charged by assessee was considered as income from other sources under section 56(2)(vii) of the Act. 5. In view of the above, it appears that the assessment order passed

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 /

2 Additions under section 68 6,45,810.00 Total 15,31,310.00 Aggrieved with the order passed by the learned

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)

2 Additions under section 68 6,45,810.00 Total 15,31,310.00 Aggrieved with the order passed by the learned

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)

45,83,340. Subsequently, case of the assessee was selected for scrutiny and order, dated 03.12.2019, was passed under Section 143(3), at a total income of Rs. 1,25,83,340, thereby resulting into addition of Rs. 80,00,000. Ld. AO while passing the order made additions under Section 68 and invoked the provisions of Section

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)

45,64,700, thereby resulting into addition of Rs. 4,35,91,454 under Section 68and also invoking the provisions of Section 115BBE. 2. Against the order passed by ld. AO, assessee preferred first appeal. Vide order under section 250 dated 29/07/2025, Ld. CIT (A), Jaipur –5 in Appeal No. CIT(A), Jaipur 1/10987/2019-20, dismissed the appeal

VIJAY KUMAR VIJAYVERGIYA,JAIPUR vs. DCIT, CIRCLE-7, JAIPIUR

In the result ground no. 4 raised by the assessee is allowed

68 of the Act.” 4 Vijay Kumar Vijayvergiya vs. DCIT 6. The brief facts of the case are that the assessee is engaged in business of Real estate. The assessee e-filed its return of income on 22.10.2012 declaring total income of Rs. 15,62,770/-. The case was selected for scrutiny under CASS. A notice u/s 143(2

MAHENDRA SHARMA,JAIPUR vs. ITO, WARD-3(1), JAIPUR

In the result, the appeal of the assessee is allowed

68 by treating the exempt LTCG as alleged unexplained cash\ncredit. And also made the addition of Rs.5,76,262/- u/s 69C on account of alleged\nunexplained expenditure @ 6% for obtaining these alleged bogus LTCG.\n\n2.2\nIn first appeal before ld. CIT (A), assessee has filed detailed written\nsubmission and documents. However, the ld. CIT(A) has summarily rejected

ALOK VIJAWAT,JAIPUR vs. PCIT, UDAIPUR, UDAIPUR

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

45,50,000/- Debtors being To be tax @ debtors undisclosed income u/s 60% u/s 69 115BBE 2. Excess Cash 9,50,000/- Unexplained Money u/s To be tax @ Found 69A 60% u/s 115BBE 3. Unaccounted 21,00,000/- Unexplained To be tax @ Construction Expenditure u/s 69C 60% u/s 115BBE In response thereto, appellant filed a very detailed submission on dated

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)

section 68 or that of 69A of the Act. Based on these observations ground no. 2 raised by the assessee is allowed. (ii) 2022 (10) TMI 116 - ITAT JAIPUR ACIT, CENTRAL CIRCLE-2, JAIPUR VERSUS M/S MOTISONS JEWELLERS LTD. AND (VICE-VERSA) (Copy at Case laws PB Page No 121-173) 45