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3 results for “transfer pricing”+ Section 16Aclear

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Key Topics

Section 43C6Section 2634Section 1472Section 143(3)2Section 36(1)(iii)2Section 271(1)(c)2Addition to Income2

SHRI KRISHNARAJ BUILDHOME PVT LTD,JAIPUR vs. INCOME TAX OFFICER, JAIPUR

ITA 753/JPR/2023[2014-15]Status: DisposedITAT Jaipur14 Feb 2024AY 2014-15
For Appellant: Sh. Mukesh Kumar Sharma (Adv.)For Respondent: Sh. Monisha Choudhary (Addl.CIT)
Section 143(3)Section 271(1)(c)Section 43CSection 50

16A of that Act.\n[Explanation 1]. —For the purposes of this section, \"Valuation Officer\" shall\nhave the same meaning as in clause (r) of section 2 of the Wealth-tax Act,\n1957 (27 of 1957).\n[Explanation 2.—For the purposes of this section, the expression\n\"assessable\" means the price which the stamp valuation authority would have,\nnotwithstanding

VIPUL KUMAR MODI ,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX, JAIPUR -I

In the result, appeal of the assessee is allowed

ITA 310/JPR/2024[2016-2017]Status: DisposedITAT Jaipur03 Jun 2024AY 2016-2017

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

For Appellant: Shri Sidharth Ranka &For Respondent: Shri Anil Dhaka (CIT) a
Section 142(1)Section 143(1)Section 147Section 263

transferred through Demat Account of concerned broker. The price at which the shares have been sold on real time basis on the Bombay Stock Exchange. Security Transaction tax has been charged /deducted from the sale proceeds. 5. That the assessee had disclosed all the transactions in his reply and had also produced relevant documents support his transactions including purchase bill

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR vs. NARESH KUMAR GUPTA, SRIGANGANAGAR

In the results the appeal of the revenue stands dismissed and the

ITA 458/JPR/2024[2014-15]Status: DisposedITAT Jaipur28 Nov 2024AY 2014-15

Bench: Him The Order Passed Under Section 143(3) Of The Income Tax Act, [ For Short “Act” ] By The Acit, Circle, Sri Ganganagar [

For Appellant: Shri P.C. Parwal (C.A.)For Respondent: Ms. Alka Gautam (CIT) (V.H.)
Section 143(3)Section 14ASection 36(1)(iii)

transferred 10 months before invoice date and the seller does not obtain any security/ collateral/ advance against such a huge transaction amount in the intervening period. No prudence man should do so in the normal course of business. 2. in the light of above discussions, it is inferred that in the normal course of business the invoice date