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

section 65A & 65B of the \nEvidence Act has not been followed by the assessing authority. However the \ncontention of the appellant is mere based on presumptions and assumptions. \nFurther the appellant has stated that the learned AO has not mentioned in the \nsaid section that steps were taken in this regard. However there is no requirement \nto record such satisfaction

NARAIN LAL AGRAWAL,JAIPUR vs. DCIT CIRCLE 1 JAIPUR, JAIPUR

In the result the appeal of the assessee is allowed

price\nmentioned in the sale deed and stamp value levied under Stamp Duty Act\namounting to Rs.58,36,000/- has been brought to tax.\nDuring the course of appellate proceedings, the appellant has uploaded written\nsubmission, letter of allotment and the case laws relied upon in support of his\ncontention and claimed that the addition made deserves to be deleted

JODHPUR DEVELOPMENT AUTHORITY,JODHPUR vs. DCIT (EXEMPTION), JAIPUR

In the result, the appeal in ITA no

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM vk;djvihy la-@ITA No. 665 & 666/JPR/2023 fu/kZkj.ko"kZ@Assessment Years : 2009-10 & 2013-14 Jodhpur Development Authority 1, Opposite Railway Hospital, JDA Circle, Jodhpur. cuke Vs. Deputy Commissioner of Income Tax, Exemption, Jodhpur. LFkk;hys[kk la-@thvkbZvkj la-@PAN/GIR No.: AAALJ 0478 P vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksjls@Assesseeby : Shri Amit Kothari (C.A.) jktLo dh vksjls@Revenue by:

12A, the authorities below were not justified in stating that the appellant is not carrying on any charitable activities and is a carrying on commercial activities. Such findings are not justified. 1.14. The appellant had duly submitted the audited financial statements even before the ld. CIT(A) and also submitted the Income and Expenditure statement

JODHPUR DEVELOPMENT AUTHORITY,JODHPUR vs. DCIT (EXEMPTION), JAIPUR

In the result, the appeal in ITA no

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

12A, the authorities below were not justified in stating that the appellant is not carrying on any charitable activities and is a carrying on commercial activities. Such findings are not justified. 1.14. The appellant had duly submitted the audited financial statements even before the ld. CIT(A) and also submitted the Income and Expenditure statement

ARYA SAMAJ MANDIR ,BHILWARA vs. CIT(E), JAIPUR

Bench: The Date Of Hearing.”

Transfer Pricing Officer, as the case may be,] wholly or partly, otherwise than by making a fresh assessment or reassessment [or fresh order under section 92CA, as the case may be], such effect shall be given within a period of three months from the end of the month in which order under section 250 or section 254 or section

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

price) from the concerning\nperson of all the 22 plots has not been taken in books.\nThe AO also noted that Shri Tejndra Pal Singh has taken loan &\nadvances of Rs. 31,50,000/- from the trust and violated the provisions of section 13(2)\nof the Act. Further no proper books of accounts have been maintained. TDS\nprovisions have

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

price) from the concerning\nperson of all the 22 plots has not been taken in books.\n\nThe AO also noted that Shri Tejndra Pal Singh has taken loan &\nadvances of Rs.31,50,000/- from the trust and violated the provisions of section\n13(2) of the Act. Further no proper books of accounts have been maintained. TDS\nprovisions have

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)

12A) of the Income Tax Act, 1961, books or books of account, include ledgers, day-books, cash books, account-books and other books, whether kept in the written form or as electronic data. Section 145 does not specify any set of accounts to be maintained by an assessee. Also, Rule 6F of Income Tax Rules, 1962 prescribes certain

KAILASH CHAND MAHESHWARI,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX , JAIPUR

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

12A) and, therefore, addition u/s 68 can also be made, irrespective of whether credit entries are made in the books of account of the assessee or not. In view of the above discussion this ground of appeal is dismissed in above terms. Ground No. 3 Under the facts and circumstances of the case the Assessing Officer has erred in making

KAILASH CHAND MAHESHWARI,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, , JAIPUR

12A) and, therefore, addition u/s 68 can also be made,\nirrespective of whether credit entries are made in the books of account of the\nassessee or not.\nIn view of the above discussion this ground of appeal is dismissed in above terms.\nGround No. 3\nUnder the facts and circumstances of the case the Assessing Officer has erred in\nmaking

KAILASH CHAND MAHESHWARI,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX,CENTRALCIRCLE-2, JAIPUR

12A) and, therefore, addition u/s 68 can also be made,\nirrespective of whether credit entries are made in the books of account of the\nassessee or not.\nIn view of the above discussion this ground of appeal is dismissed in above terms.\nGround No. 3\nUnder the facts and circumstances of the case the Learned CIT(A) has erred

ASSISTANT COMMISSIONER OF INCOME TAX,EXEMPTIONS,CIRCLE,JAIPUR, JAIPUR vs. GLOBAL INSTITUTE OF TECHNOLOGY SOCIETY, JAIPUR RAJASTHAN

In the results the appeal of the revenue stands dismissed

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

12A of the I.T. Act, 1961 on 25.11.2019. From the perusal of bank account 5 ACIT vs. Global Institute of Technology statement of the assessee Trust and M/s Perennial Real Estate Pvt. Ltd, the ld. AO noted that M/s Perennial Real Estate Pvt. Ltd. received Rs. 7,95,00,000/- from GITS in the lieu of advance money

MUKESH JAIN HUF,JAIPUR vs. DCIT, JAIPUR

In the result, the appeal of the assessee is allowed

12A, 1st Avenue, Lal Bahadur\nNagar, JLN Marg, Jaipur\n\nबनाम\n\nDCIT,\nCircle-06,\nJaipur\n\nस्थायी लेखा सं. / जीआईआर सं./PAN/GIR No.: AADHM6397P\n\nअपीलार्थी / Appellant\n\nप्रत्यर्थी / Respondent\n\nनिर्धारिती की ओर से / Assessee by : Sh. Tarun Mittal, CA\nराजस्व की ओर से / Revenue by : MS. Alka Gautam, CIT-DR\n\nसुनवाई की तारीख / Date of Hearing