WHEEL O CITY,SRI GANGANAGAR vs. ITO, WARD-1, SRI GANGANAGAR

In the result, all the appeals of the assessees are allowed

Bench: Shri N.K.Saini & Shri Sandeep Gosainassessment Year : 2018-19 Arpit Gulecha, Vs. The Dcit, Jodhpur Cpc, Bengaluru Pan No: Ahdpg9415D Appellant Respondent Assessment Year : 2019-20 Shashi Maheshwari, Vs. The Adit, Jodhpur Cpc, Bengaluru Pan No: Aaspm0358H Appellant Respondent Assessment Year : 2018-19 Opel Sulz Private Limited, Vs. The Dcit, Bhilwara Cpc, Banglore Pan No: Aaaco2585R Appellant Respondent Assessment Year : 2019-20 Opel Sulz Private Limited, Vs. The Adit, Bhilwara Cpc, Banglore Pan No: Aaaco2585R Appellant Respondent Assessment Year : 2019-20 Kishori Lal Singhvi Vs. The Dcit, Balotra Cpc, Banglore Pan No: Abnps1994F Appellant Respondent

58-Jodh-2021-Shashi Maheshwari, Jodhpur 09.06.2021 3 ITA No. 73-Jodh-2021- Opel Sulz Private Limited, 13.09.2021 Bhilwara 4 ITA No. 74-Jodh-2021 - Opel Sulz Private Limited, 14.09.2021 Bhilwara 5 ITA No. 75-Jodh-2021 - Kishori Lal Singhvi, Balotra 01.09.2021 6 ITA No. 76-Jodh-2021 - Shubh Laxmi Syntx Limited, 10.09.2021 Bhilwara 7 ITA No. 64-Jodh

OPEL SULZ PRIVATE LIMITED,BHILWARA vs. ACIT, CIRCLE, BHILWARA

In the result, all the appeals of the assessees are allowed

Bench: Shri N.K.Saini & Shri Sandeep Gosainassessment Year : 2018-19 Arpit Gulecha, Vs. The Dcit, Jodhpur Cpc, Bengaluru Pan No: Ahdpg9415D Appellant Respondent Assessment Year : 2019-20 Shashi Maheshwari, Vs. The Adit, Jodhpur Cpc, Bengaluru Pan No: Aaspm0358H Appellant Respondent Assessment Year : 2018-19 Opel Sulz Private Limited, Vs. The Dcit, Bhilwara Cpc, Banglore Pan No: Aaaco2585R Appellant Respondent Assessment Year : 2019-20 Opel Sulz Private Limited, Vs. The Adit, Bhilwara Cpc, Banglore Pan No: Aaaco2585R Appellant Respondent Assessment Year : 2019-20 Kishori Lal Singhvi Vs. The Dcit, Balotra Cpc, Banglore Pan No: Abnps1994F Appellant Respondent

58-Jodh-2021-Shashi Maheshwari, Jodhpur 09.06.2021 3 ITA No. 73-Jodh-2021- Opel Sulz Private Limited, 13.09.2021 Bhilwara 4 ITA No. 74-Jodh-2021 - Opel Sulz Private Limited, 14.09.2021 Bhilwara 5 ITA No. 75-Jodh-2021 - Kishori Lal Singhvi, Balotra 01.09.2021 6 ITA No. 76-Jodh-2021 - Shubh Laxmi Syntx Limited, 10.09.2021 Bhilwara 7 ITA No. 64-Jodh

OPEL SULZ PRIVATE LIMITED,BHILWRA vs. ACIT, CIRCLE, BHILWARA

In the result, all the appeals of the assessees are allowed

Bench: Shri N.K.Saini & Shri Sandeep Gosainassessment Year : 2018-19 Arpit Gulecha, Vs. The Dcit, Jodhpur Cpc, Bengaluru Pan No: Ahdpg9415D Appellant Respondent Assessment Year : 2019-20 Shashi Maheshwari, Vs. The Adit, Jodhpur Cpc, Bengaluru Pan No: Aaspm0358H Appellant Respondent Assessment Year : 2018-19 Opel Sulz Private Limited, Vs. The Dcit, Bhilwara Cpc, Banglore Pan No: Aaaco2585R Appellant Respondent Assessment Year : 2019-20 Opel Sulz Private Limited, Vs. The Adit, Bhilwara Cpc, Banglore Pan No: Aaaco2585R Appellant Respondent Assessment Year : 2019-20 Kishori Lal Singhvi Vs. The Dcit, Balotra Cpc, Banglore Pan No: Abnps1994F Appellant Respondent

58-Jodh-2021-Shashi Maheshwari, Jodhpur 09.06.2021 3 ITA No. 73-Jodh-2021- Opel Sulz Private Limited, 13.09.2021 Bhilwara 4 ITA No. 74-Jodh-2021 - Opel Sulz Private Limited, 14.09.2021 Bhilwara 5 ITA No. 75-Jodh-2021 - Kishori Lal Singhvi, Balotra 01.09.2021 6 ITA No. 76-Jodh-2021 - Shubh Laxmi Syntx Limited, 10.09.2021 Bhilwara 7 ITA No. 64-Jodh

ARPIT GULECHA,JODHPUR vs. DCIT, CPC, BENGALURU

In the result, all the appeals of the assessees are allowed

Bench: Shri N.K.Saini & Shri Sandeep Gosainassessment Year : 2018-19 Arpit Gulecha, Vs. The Dcit, Jodhpur Cpc, Bengaluru Pan No: Ahdpg9415D Appellant Respondent Assessment Year : 2019-20 Shashi Maheshwari, Vs. The Adit, Jodhpur Cpc, Bengaluru Pan No: Aaspm0358H Appellant Respondent Assessment Year : 2018-19 Opel Sulz Private Limited, Vs. The Dcit, Bhilwara Cpc, Banglore Pan No: Aaaco2585R Appellant Respondent Assessment Year : 2019-20 Opel Sulz Private Limited, Vs. The Adit, Bhilwara Cpc, Banglore Pan No: Aaaco2585R Appellant Respondent Assessment Year : 2019-20 Kishori Lal Singhvi Vs. The Dcit, Balotra Cpc, Banglore Pan No: Abnps1994F Appellant Respondent

58-Jodh-2021-Shashi Maheshwari, Jodhpur 09.06.2021 3 ITA No. 73-Jodh-2021- Opel Sulz Private Limited, 13.09.2021 Bhilwara 4 ITA No. 74-Jodh-2021 - Opel Sulz Private Limited, 14.09.2021 Bhilwara 5 ITA No. 75-Jodh-2021 - Kishori Lal Singhvi, Balotra 01.09.2021 6 ITA No. 76-Jodh-2021 - Shubh Laxmi Syntx Limited, 10.09.2021 Bhilwara 7 ITA No. 64-Jodh

SHASHI MAHESHWARI,JODHPUR vs. ADIT, CPC, BENGALURU

In the result, all the appeals of the assessees are allowed

Bench: Shri N.K.Saini & Shri Sandeep Gosainassessment Year : 2018-19 Arpit Gulecha, Vs. The Dcit, Jodhpur Cpc, Bengaluru Pan No: Ahdpg9415D Appellant Respondent Assessment Year : 2019-20 Shashi Maheshwari, Vs. The Adit, Jodhpur Cpc, Bengaluru Pan No: Aaspm0358H Appellant Respondent Assessment Year : 2018-19 Opel Sulz Private Limited, Vs. The Dcit, Bhilwara Cpc, Banglore Pan No: Aaaco2585R Appellant Respondent Assessment Year : 2019-20 Opel Sulz Private Limited, Vs. The Adit, Bhilwara Cpc, Banglore Pan No: Aaaco2585R Appellant Respondent Assessment Year : 2019-20 Kishori Lal Singhvi Vs. The Dcit, Balotra Cpc, Banglore Pan No: Abnps1994F Appellant Respondent

58-Jodh-2021-Shashi Maheshwari, Jodhpur 09.06.2021 3 ITA No. 73-Jodh-2021- Opel Sulz Private Limited, 13.09.2021 Bhilwara 4 ITA No. 74-Jodh-2021 - Opel Sulz Private Limited, 14.09.2021 Bhilwara 5 ITA No. 75-Jodh-2021 - Kishori Lal Singhvi, Balotra 01.09.2021 6 ITA No. 76-Jodh-2021 - Shubh Laxmi Syntx Limited, 10.09.2021 Bhilwara 7 ITA No. 64-Jodh

WHEEL O CITY,SRI GANGANAGAR vs. ITO, WARD-1, SRI GANGANAGAR

In the result, all the appeals of the assessees are allowed

Bench: Shri N.K.Saini & Shri Sandeep Gosainassessment Year : 2018-19 Arpit Gulecha, Vs. The Dcit, Jodhpur Cpc, Bengaluru Pan No: Ahdpg9415D Appellant Respondent Assessment Year : 2019-20 Shashi Maheshwari, Vs. The Adit, Jodhpur Cpc, Bengaluru Pan No: Aaspm0358H Appellant Respondent Assessment Year : 2018-19 Opel Sulz Private Limited, Vs. The Dcit, Bhilwara Cpc, Banglore Pan No: Aaaco2585R Appellant Respondent Assessment Year : 2019-20 Opel Sulz Private Limited, Vs. The Adit, Bhilwara Cpc, Banglore Pan No: Aaaco2585R Appellant Respondent Assessment Year : 2019-20 Kishori Lal Singhvi Vs. The Dcit, Balotra Cpc, Banglore Pan No: Abnps1994F Appellant Respondent

58-Jodh-2021-Shashi Maheshwari, Jodhpur 09.06.2021 3 ITA No. 73-Jodh-2021- Opel Sulz Private Limited, 13.09.2021 Bhilwara 4 ITA No. 74-Jodh-2021 - Opel Sulz Private Limited, 14.09.2021 Bhilwara 5 ITA No. 75-Jodh-2021 - Kishori Lal Singhvi, Balotra 01.09.2021 6 ITA No. 76-Jodh-2021 - Shubh Laxmi Syntx Limited, 10.09.2021 Bhilwara 7 ITA No. 64-Jodh

THE LAKE PALACE HOTELS & MOTELSPRIVATE LIMITED,UDAIPUR vs. PCIT,CIRCLE-2, UDAIPUR

In the result, appeal of the assessee is allowed

section 14A is not applicable. It is also relevant and pertinent to point out that the assesse that he internal resources accretion out of the operating profit of the assesse as at the beginning of the financial year, as brought forward from the immediately preceding year, were, by itself, more than adequate and sufficient to have provided for the investments

PATEL MINERALS PVT. LTD. ,UDAIPUR vs. ACIT, CIRCLE-1, UDAIPUR

In the result, the appeal of the assessee is allowed

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

Disallowance on account non 7,58,076/- commencement of business activity treating the same as capital expenditure 3 Addition u/s 56(2)(viib) entire share 51,00,000/- capital and Share Premium Amount Total Addition 58,58,076/- Total Income 51,00,000/- 5. Being aggrieved, appellant filed first appeal before CIT A-1, Udaipur (Raj) which was later

DCIT, CENTRAL CIRCLE-1, UDAIPUR vs. VIKRAM ANJANA, CHITTORGARH

In the result, the appeal filed by the revenue is dismissed

Bench: Shri B. R. Baskaran & Shri Sandeep Gosaindy. Commissioner Of Vs Sh. Vikram Anjana Income-Tax, Kesunda, Chhoti Central Circle-01, Udaipur Sadri, Chittorgarh (Appellant) (Respondent) Pan No. Afkpa 0575 R

disallowed. It is well settled that the provisions of section. 40A(2)(a) of the Act cannot have any application unless it is first concluded that the expenditure was excessive or unreasonable, as held in the case of Upper India Publishing House (P.) Ltd. v. CIT [1979] 117 ITR 569/1 Taxman 365 (SC). In the instant case, there is nothing

DINESH BOHRA,MUMBAI vs. ITO,W-1, BARMER, BARMER, RAJASTHAN

In the result, appeal filed by the assessee is allowed

Bench: Dr. Mitha Lal Meena, Hon'Ble & Shri Udayan Das Gupta, Hon'Bledinesh Bohra Vs. Pr. Commissioner Of Income Unit 517, Option Primo, Andheri Tax-1, Jodhpur. East, Mumbai-400093 Pan No. Aanpb4468Q Assessee By Shri Gautam Chand Baid, C.A. & Shri Mayank Taparia, Advocate. Revenue By Shri Manoj Kumar Mahar (Cit- D.R.) Date Of Hearing 20.02.2025. Date Of Pronouncement 25.03.2025.

section 143(3A) and 143(3B) of the Act on 20.04.2021 determining the assessee's total income at Rs. 1,25,68,514/- by making an addition on account of disallowance of agriculture income of Rs.58,79,649/-. 4.1 The assessment order for the year under consideration was picked up for proceedings u/s. 263 of the Act by the PCIT

DCIT,CIRCLE, SRIGANGANAGAR vs. M/S. KANDA EDIBLE OIL P. LTD. , SRIGANGANAGAR

In the result, appeal of the revenue is dismissed and CO of the assessee is partly allowed

Bench: Shri Sandeep Gosain & Shri Manoj Kumar Aggarwald.C.I.T. Vs. M/S Kanda Edible Oil Pvt. Ltd. Circle, E 173, Udyog Vihar Sriganganagar. Sriganganagar. Pan No. Aacck 7754 Q

disallowed Rs.58,36,270/- out of the interest expenses by applying section 36(1)(iii) of the Act. 4 ITA 190/Jodh/2019 & CO 16/Jodh/2019 DCIT Vs M/s Kanda Edible Oil P Ltd.. Particulars Closing balance (Rs.) Interest @ 18% pa (Rs.) Anami Build Mart 50,00,000/- 4,26,570/- Sh. Maruti Nadan 50,00,000/- 4,38,900/- Nirav Enterprises

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

disallowance can only be\nmade from the materials found during the time of search. It is in violation of the\nprinciples of natural justice, arbitrary, mechanical and without any independent\napplication of mind and theAO has not discharged the burden of proof, proving\nthat the income determined and sought to be taxed were not from the materials\nseized during

DINESH KUMAR JAIN ,MUMBAI vs. ITO, BALOTRA

In the result, the appeal of the assessee bearing ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No.374/Jodh/2019 Assessment Year: 2011-12

58 ITD 428 (Ahd)(Trib) disallowed only 25% of purchases. Assessee and department filed appeal to the Tribunal. Tribunal held that the assessee has discharged the primary onus which laid upon the assessee, though the assessee failed to put up the any appearance of the parties before the AO. It was upon the AO to prove that the documents

HITKARI AND SWARAJ ENTERPRISES PRIVATE LIMITED,BARMER vs. PR. CIT-1, JODHPUR

In the result, the appeal of the assessee is allowed

Bench: Shri B. R. Baskaran & Shri Sandeep Gosain

58,00,020/- plus Rs. 7,24,790/- plus Rs. 11,00,000/-) in the A.Y. 2015-16. For the purpose of discussion, only one registered sale deed of Rs. 11,00,000/- dated 02.12.2014 is taken up for discussion. During the course of the assessment proceedings, the details of the construction expenses has been furnished and the same

SMT. LEELA DEVI SANKHLECHA,JODHPUR vs. ITO,WARD-3(4), JODHPUR

In the result, the appeal of the assessee is partly allowed

Bench: Shri B. R. Baskaran & Dr. S. Seethalakshmismt. Leela Devi Sankhlecha Vs The Ito C-133, Kamla Nehru Nagar Ward 3(4) X-1, Jodhpur Jodhpur (Appellant) (Respondent) Pan No. Aobps 7384 G

Section 14A of the Act and the disallowance of addition made by the AO amounting to Rs.7,91,675/- may be deleted. 3.3 On the other hand, the ld. DR supported the orders of the authorities below, 3.4 We have heard both the parties and perused the materials available on record. Brief facts of the case are that the Grounds

ACIT, CENTRAL CIRCLE, BIKANER vs. M/S. MANOJ KUMAR VIPIN KUMAR , BIKANER

In the result, this appeal of the Revenue is dismissed

Bench: Shri Sandeep Gosain & Shri Manoj Kumar Aggarwala.C.I.T. Vs. M/S Manoj Kumar Vipin Kumar, Central Circle, 118, New Dhan Mandi, Bikaner. Bikaner. Pan No. Aarfm 0027 E

58-62) nor provided the report of the Investigation Wing, Kolkata as to whether they have implicated the assessee in their report. Hence, only on the basis of such report, the genuine transaction of the assessee cannot be considered bogus. vi) The assessee has given complete name, address and PAN of M/s Swift Tie Up Pvt. Ltd. However

ACIT, PAOTA C ROAD vs. VARAHA INFRA LIMITED, PAOTA B ROAD

In the result, the appeal of the revenue is dismissed

Bench: Dr. S. Seethalakshmi & Shri Rathod Kamlesh Jayantbhaithe Acit Vs M/S. Vardha Infra Ltd. Room No. 215, Aayakar Bhawan 6 Jalam Vilas Scheme Paota C Road, Jodhpur Paota B Road, Jodhpur (Appellant) (Respondent) Pan No. Aaccv 7972 K

disallowed by the assessee itself u/s 40(a)(ia) to the tune of Rs. 13,87,72,635/- separately added to the total income of the assessee. 3.12 Ld. AO noted that apart from interest income of Rs.2,58,85,880/- and other non-operating income of Rs.1,23,88,682/- as disclosed by the assessee in the ITR separately

ANIL KUMAR NUWAL,BHILWARA vs. ACIT, CIRCLE, BHILWARA

In the result, appeal of the assessee is allowed in part

Bench: Shri R.C.Sharma & Shri Sandeep Gosainanil Kumar Nuwal, Vs A.C.I.T., 9, Main Sector, Shastri Circle- Bhilwara. Nagar, Bhilwara, Rajasthan- 311001. (Appellant) (Respondent) Pan: Aavpn 4375 L

disallowing the claim of the assessee, the Ld. A.O. has pointed out in para no. 3.2 that the assessee has failed to submit any other documentary evidence which can prove the utilization of subjected capital asset for agriculture activity in last two years from the sale of said capital asset. Thus, the condition of utilization of capital asset being land