SUBHASH CHAND JAIN ,JODHPUR vs. ACIT, CIRCLE-1, JODHPUR

In the result the appeal of the assessee is allowed

Bench: Shri Sandeep Gosain & Shri Manoj Kumar Aggarwal

111 & 112/Jodh/2020 Subhash Chand Jain. Vs ACIT 34,50,000.00 (Rs. 31,75,000.00 + Rs. 2,50,000.00). The AR of the assessee also submitted that the report of the DVO should not be taken as the basis for calculating the cost of acquisition and resultant capital gain, the valuation adopted by the DVO has serious defect

SUBHASH CHAND JAIN ,JODHPUR vs. ACIT, CIRCLE-1, JODHPUR

In the result the appeal of the assessee is allowed

Bench: Shri Sandeep Gosain & Shri Manoj Kumar Aggarwal

111 & 112/Jodh/2020 Subhash Chand Jain. Vs ACIT 34,50,000.00 (Rs. 31,75,000.00 + Rs. 2,50,000.00). The AR of the assessee also submitted that the report of the DVO should not be taken as the basis for calculating the cost of acquisition and resultant capital gain, the valuation adopted by the DVO has serious defect

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

gain or u/s 48, 56 or u/s 68 or 69. Thus the addition so made without any provision of act is also against the law and liable to be deleted on this ground alone. When the ld. AO has not invoked any provision of Act/law then also how the ld.AO can make the addition. When

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

gain or u/s 48, 56\nor u/s 68 or 69. Thus the addition so made without any provision of act is also against the\nlaw and liable to be deleted on this ground alone. When the ld. AO has not invoked any\nprovision of Act/law then also how the ld.AO can make the addition. When in the law\nand

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

gain or u/s 48, 56 or u/s 68 or 69. Thus the addition so made without any provision of act is also against the law and liable to be deleted on this ground alone. When the ld. AO has not invoked any provision of Act/law then also how the ld.AO can make the addition. When

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

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

gain or u/s 48, 56 or u/s 68 or 69. Thus the addition so made without any provision of act is also against the law and liable to be deleted on this ground alone. When the ld. AO has not invoked any provision of Act/law then also how the ld.AO can make the addition. When

SHRI KHERAJ RAM ,BARMER vs. DC CEN CIR01, JODHPUR

In the result, the appeal filed by the assessee is allowed

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

111 to 114/Jodh/2023 3 Assessment Years: 2011-12 to 2014-15 4. That the petitioner may kindly be permitted toraise any additional or alternative grounds at or before the time of hearing.” 4. Brief fact of the case is that the assessee filed the return and computing profit and gains on presumptive basis u/s 44AD of the Act. The assessment

SHRI KHERAJ RAM ,BARMER vs. DC CEN CIR01, JODHPUR

In the result, the appeal filed by the assessee is allowed

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

111 to 114/Jodh/2023 3 Assessment Years: 2011-12 to 2014-15 4. That the petitioner may kindly be permitted toraise any additional or alternative grounds at or before the time of hearing.” 4. Brief fact of the case is that the assessee filed the return and computing profit and gains on presumptive basis u/s 44AD of the Act. The assessment

SHRI KHERAJ RAM ,BARMER vs. DC CEN CIR01, JODHPUR

In the result, the appeal filed by the assessee is allowed

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

111 to 114/Jodh/2023 3 Assessment Years: 2011-12 to 2014-15 4. That the petitioner may kindly be permitted toraise any additional or alternative grounds at or before the time of hearing.” 4. Brief fact of the case is that the assessee filed the return and computing profit and gains on presumptive basis u/s 44AD of the Act. The assessment

SHRI KHERAJ RAM ,BARMER vs. DC CEN CIR01, JODHPUR

In the result, the appeal filed by the assessee is allowed

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

111 to 114/Jodh/2023 3 Assessment Years: 2011-12 to 2014-15 4. That the petitioner may kindly be permitted toraise any additional or alternative grounds at or before the time of hearing.” 4. Brief fact of the case is that the assessee filed the return and computing profit and gains on presumptive basis u/s 44AD of the Act. The assessment