SHRI KAILASH CHANDRA,BARMER vs. ITO,WARD-1, BARMER

In the result, appeal of the assesse is allowed

disallowed u/s 40a(ia) r.w.s. 194 of the I.T. Act, 1961 and added back t the total income of the assessee.’’ 4. Aggrieved, from the order of the AO passed u/s 154 of the Act, 1961 on 15-10-2019, the assessee filed an appeal before the ld. CIT(A) who after hearing the contention of the assessee dismissed

TARUN MURADIA,UDAIPUR vs. DCIT CENTRAL CIRCLE-1 UDAIPUR, UDAIPUR

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

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

section 69A in the year under consideration. 4.2 Accordingly the addition made by the Ld. AO in the proceedings u/s 153A is without jurisdiction/scope u/s 153A hence illegal and uncalled for. In this respect, the ratios of above judgments are fully applicable considering the facts and circumstances which are totally similar and identical to above cases. Hence the assessment

UMED HOSPITAL MEDICARE RELIEF SOCIETY,JODHPUR vs. DCIT, CPC /ITO, EXEMPTION WARDM,, BANGALORE. JODHPUR

section 11 and 12 shall apply to the case of the assessee Accordingly no exemption is granted u/s 11(2) of the IT Act for the year under consideration In result the appeal of the appellant is dismissed.” 5. As the assessee did not receive any favour from the appeal filed before ld. NFAC/ CIT(A). The present appeal filed

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

disallowance\nunder Chapter-VI-A by taking view that no such deduction claimed in original return of income\nand no evidence to substantiate such deductions were filed—CIT(A) observed that pattern of\nwithdrawal support contention of assessee is that deposit in bank were pertaining to business of\nits scrap-Accordingly, accepted transaction—CIT(A) on basis of pattern

ASST COMMISSIONER OF INCOME TAX, BIKANER vs. MUKESH SHAH, SRIGANGANAGAR

In the result, the appeal of the revenue is dismissed

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

194(Raj.). Accordingly, ld. AO held that the transaction of sale plots was in the nature of business activities and the claim of the assessee regarding indexation benefit was disallowed. The business income of the assessee from the sale of the plots was recomputed in the following manner:- Total sale consideration - Rs. 2,37,60,000/- Less: Purchase cost

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

section 145 are not found to\nbe relevant in the facts of this case. The AO has not disturbed the book results as the cash\ntransactions are not part of regular books of accounts.\nThe ld CIT(A) has also tried to distinguish the decisions relied upon. Thus on the\nbasis of above observations the ld. CIT(A) confirmed