ASHIANA BUILDPROP PRIVATE LIMITED,UDAIPUR vs. DCIT, CENTRAL CIRCLE-1, UDIAPUR, UDAIPUR

Bench: DR. MITHA LAL MEENA (Accountant Member), DR. S. SEETHALAKSHMI (Judicial Member)

seizure proceeding was carried out at the residential and business premises of the assessee on 26.08.2015 to 28.08.2015. Notice under section 153A was issued by the AO to the assessee on 13.01.2016. In response to the notice under section 153A of the IT Act, 1961, return of income was filed by the assessee on 18.01.2016 declaring total income

RACHNA GOYAL,JODHPUR vs. ITO, WARD-1(2), JODHPUR

In the result, appeal of the assessee is dismissed

search resulted into seizure of unaccounted cash of Rs. 19.37\ncrores (related accommodation entries and commission earned thereon) along with\nincriminating digital as well as documentary evidences. Clandestine record of\nunaccounted cash, synchronized trading, proving bogus LTCG in various BSE\nlisted scrips and transport of such cash through angadiyas was found to be\nmaintained in secret Tally Data file with

ASHIANA BUILDPROP PRIVATE LIMITED,UDAIPUR vs. DCIT, CENTRAL CIRCLE-1, UDAIPUR, UDAIPUR

seizure proceeding was carried out at the\nresidential and business premises of the assessee on 26.08.2015 to 28.08.2015.\nNotice under section 153A was issued by the AO to the assessee on 13.01.2016. In\nresponse to the notice under section 153A of the IT Act, 1961, return of income\nwas filed by the assessee on 18.01.2016 declaring total income

SMT. JAYA MOGRA,UDAIPUR vs. DCIT, CENTRAL CIRCLE-2, UDAIPUR

In the result, appeal of the assessee in ITA No

seizure operation u/s 132 of the I.T. Act, 1961 was carried out on 10.12.2010 at the residence as well as business premises of Deejay Neelam Marble Group of Udaipur as per warrant of authorization issued by Director General of Income-tax (inv.), Jaipur. The case of the assessee was assigned to ACIT Central 4 Smt. Jaya Mogra Circle-02, Udaipur

RAJ KUMAR GOLECHA,PALI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, JODHPUR, AAYKAR BHAWAN, JODHPUR

In the result, appeal of the assessee is allowed

Capital Gain.\n4.\nNow, the assessee has filed the present appeal before the Tribunal.\nThe first ground of appeal before us is a legal ground relates to passing the\norder under section 153A read with section 143(3) of the IT Act, 1961 without\nappreciating true and correct facts of the case and documentary evidences brought\non record

BHOOP SINGH POONIA,NOHAR vs. ITO WARD, NOHAR, NOHAR

search & seizure and survey operations no attempt\nshould be made to obtain confession as to the undisclosed income. Any action\non the contrary shall be viewed adversely.\nFurther, in respect of pending assessment proceedings also, assessing officers\nshould rely upon the evidences/materials gathered during the course of\nsearch/survey operations or thereafter while framing the relevant assessment\norders.\"\nFrom the foregoing

MANGILAL DATLA,BANSWARA vs. INCOME TAX OFFICER, WARD BANSWARA, BANSWARA

In the result, the appeal filed by the assessee is allowed, both on legal issue\nas well as on facts

capital gain, he cannot simply dispute fact that assessee did not file return—Entire\nreasoning recorded by AO for initiation of reassessment proceeding and issuance of notice\nunder section 148 was on wrong and incorrect facts that assessee has never filed return of\nincome, and in fact, it was filed—Initiation of reassessment proceeding u/s.147 and notice under\nsection

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, JODHPUR, JODHPUR vs. SOHANRAJ BALAR, PALI

In the result, appeal of the Revenue is dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), DR. MITHA LAL MEENA (Accountant Member)

Capital Gain (LTCG) claimed exempt under section 10(38) of the Income Tax Act, 1961. 5. Briefly the facts of the case are that the assessee is an individual from Pali, Rajasthan. A search and seizure

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, JODHPUR vs. KALAWATI DEVI, PALI

In the result, appeal of the Revenue is dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), DR. MITHA LAL MEENA (Accountant Member)

Capital Gain (LTCG) claimed exempt under section 10(38) of the Income Tax Act, 1961. 5. Briefly the facts of the case are that the assessee is an individual from Pali, Rajasthan. A search and seizure

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, JODHPUR vs. PRAVEEN BALAR, PALI

In the result, appeal of the Revenue is dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), DR. MITHA LAL MEENA (Accountant Member)

Capital Gain (LTCG) claimed exempt under section 10(38) of the Income Tax Act, 1961. 5. Briefly the facts of the case are that the assessee is an individual from Pali, Rajasthan. A search and seizure

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, JODHPUR vs. VINESH KUMAR BALAR, PALI

In the result, appeal of the Revenue is dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), DR. MITHA LAL MEENA (Accountant Member)

Capital Gain (LTCG) claimed exempt under section 10(38) of the Income Tax Act, 1961. 5. Briefly the facts of the case are that the assessee is an individual from Pali, Rajasthan. A search and seizure