LALIT JOHARI,JODHPUR vs. ACIT, CENTRAL CIRCLE-2,, JODHPUR

In the result, the appeal of the assessee is allowed

Bench: Shri Kul Bharat & Shri Manish Borad40/Jodh/2019 (Assessment Year- 2014-15) Vs The Acit Shri Lalit Johri 65-A, Bank Colony, Rai Central Circle-2 Ka Bagh, Jodhpur Jodhpur (Appellant) (Respondent) Pan No. Agfpj 5542 H

b) where no return has been furnished, ending on the date of completion of the reassessment or recomputation under section 147 [for reassessment under section 153A] On the amount by which the tax on the total income determined on the basis of such reassessment or recomputation exceeds the tax on the on the total income determined [under sub-section (1

AJMER DEVELOPMENT AUTHORITY,AJMER vs. CIT(EXEMPTION)/ ITO (EXEMPTION), JAIPUR / JODHPUR

In the result, the stay application filed by the assessee is dismissed

Bench: Shri Kul Bharatshri Manish Borad

reassessment proceedings and also therefore, cannot be subject matter of revisionary proceedings u/s 263 of the Act. The facts are not disputed that in this case, the Assessment Order passed u/s 147 / 143 dt. 12.12.2019 has been subjected to revision u/s 263 by the Ld. CIT. A Notice u/s 148 was issued on 29.03.2019 for A.Y. 2012- 13 under consideration

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

b) & (c), which requires seeking prior approval of\nspecified authority with respect to information; providing an opportunity of being heard to\nassessee and consideration of reply of assessee—Sub-Clause (d) of Section 148A mandates that\nafter conducting enquiry by affording an opportunity of hearing and consideration of reply,\nauthority shall decide, on basis of material available on record, including

NAHAR COLOURS AND COATINHGS PRIVATE LIMITED,UDAIPUR vs. PRINCIPAL COMMISSIONER OFINCOMETAX, UDAIPUR

In the result, appeal of the assessee is allowed

reassess under Section147or pass an order enhancing the assessment or reducing a refund already made or otherwise increasing the liability of the Assessee under Section 154, for any assessment year beginning on or before the 1stdayof April, 2001." 29. Interpreting the said provision in Honda Siel Power Products versusDeputy Commissioner of Income Tax and Another, (2012) 340 ITR 53 (Delhi

M.G.B. GRAMIN BANK (THROUGH SUCCESSOR RAJASTHANMARUDHARA GRAMIN BANK),JODHPUR vs. ADDITIONAL CIT, PALI

Appeals are disposed off in the terms indicated as above

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

B. Road, Sardarpura, Jodhpur 342003 (Raj.) [PAN: AABAM 0917E] (Appellant) (Respondent) Appellant by : Sh. Goutam Chand Baid, C.A. Respondent by : Sh. Lovish Kumar, CIT-DR & Sh. S. M. Joshi, JCIT-DR Date of Hearing : 19.10.2023 Date of Pronouncement : 10.11.2023 ORDER Per Bench: This bunch of appeals and cross objection has been filed by the Revenue and assessee against the separate

M.G.B. GRAMIN BANK (THROUGH SUCCESSOR RAJASTHANMARUDHARA GRAMIN BANK),JODHPUR vs. ADDITIONAL CIT, PALI

Appeals are disposed off in the terms indicated as above

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

B. Road, Sardarpura, Jodhpur 342003 (Raj.) [PAN: AABAM 0917E] (Appellant) (Respondent) Appellant by : Sh. Goutam Chand Baid, C.A. Respondent by : Sh. Lovish Kumar, CIT-DR & Sh. S. M. Joshi, JCIT-DR Date of Hearing : 19.10.2023 Date of Pronouncement : 10.11.2023 ORDER Per Bench: This bunch of appeals and cross objection has been filed by the Revenue and assessee against the separate

M.G.B. GRAMIN BANK (THROUGH SUCCESSOR RAJASTHANMARUDHARA GRAMIN BANK),JODHPUR vs. ACIT, PALI

Appeals are disposed off in the terms indicated as above

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

B. Road, Sardarpura, Jodhpur 342003 (Raj.) [PAN: AABAM 0917E] (Appellant) (Respondent) Appellant by : Sh. Goutam Chand Baid, C.A. Respondent by : Sh. Lovish Kumar, CIT-DR & Sh. S. M. Joshi, JCIT-DR Date of Hearing : 19.10.2023 Date of Pronouncement : 10.11.2023 ORDER Per Bench: This bunch of appeals and cross objection has been filed by the Revenue and assessee against the separate

M.G.B. GRAMIN BANK (THROUGH SUCCESSOR RAJASTHANMARUDHARA GRAMIN BANK),JODHPUR vs. ACIT, PALI

Appeals are disposed off in the terms indicated as above

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

B. Road, Sardarpura, Jodhpur 342003 (Raj.) [PAN: AABAM 0917E] (Appellant) (Respondent) Appellant by : Sh. Goutam Chand Baid, C.A. Respondent by : Sh. Lovish Kumar, CIT-DR & Sh. S. M. Joshi, JCIT-DR Date of Hearing : 19.10.2023 Date of Pronouncement : 10.11.2023 ORDER Per Bench: This bunch of appeals and cross objection has been filed by the Revenue and assessee against the separate

M.G.B. GRAMIN BANK (THROUGH SUCCESSOR RAJASTHANMARUDHARA GRAMIN BANK),JODHPUR vs. ACIT, PALI

Appeals are disposed off in the terms indicated as above

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

B. Road, Sardarpura, Jodhpur 342003 (Raj.) [PAN: AABAM 0917E] (Appellant) (Respondent) Appellant by : Sh. Goutam Chand Baid, C.A. Respondent by : Sh. Lovish Kumar, CIT-DR & Sh. S. M. Joshi, JCIT-DR Date of Hearing : 19.10.2023 Date of Pronouncement : 10.11.2023 ORDER Per Bench: This bunch of appeals and cross objection has been filed by the Revenue and assessee against the separate

ACIT, CIRCLE, PALI. vs. M/S. RAJASTHAN MARUDHARA GRAMIN BANK, , JODHPUR

Appeals are disposed off in the terms indicated as above

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

B. Road, Sardarpura, Jodhpur 342003 (Raj.) [PAN: AABAM 0917E] (Appellant) (Respondent) Appellant by : Sh. Goutam Chand Baid, C.A. Respondent by : Sh. Lovish Kumar, CIT-DR & Sh. S. M. Joshi, JCIT-DR Date of Hearing : 19.10.2023 Date of Pronouncement : 10.11.2023 ORDER Per Bench: This bunch of appeals and cross objection has been filed by the Revenue and assessee against the separate

SUNIL PAGARIA,UDAIPUR vs. ITO, WARD-2(1), UDAIPUR

In the result, the appeal of the assessee is allowed

1- 7- 1998 for a consideration of Rs. 3,95,000, and the first floor of the building with a built up area of 1600 sq.ft. alongwith 50% undivided share in land (viz. 171 sq.yards) was bought by the assessee under the second sale deed dated 15-7-1998 for a consideration of Rs.2,85,000.. Both the ground

OCHHAB LAL JAIN,UDAIPUR vs. DCIT CENTRAL CIRCLE-1, UDAIPUR, UDAIPUR

In the result, both the appeals of the assessee are allowed

13,000/- made\nby the AO in AY 2019-20, but was of the view that silver found and seized from\nthe lockers had been acquired during two financial years and should have been\ntaxed in those years, and he, accordingly issued notices for enhancement for AY\n2014-15 and AY 2016-17.Simultaneously, he enhanced the income for both these\nAYs

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

In the result, appeal of the assessee in ITA No

13 Smt. Jaya Mogra Under the above back ground to the estimation of the profit on the impugned sale, the only way is by estimating the cost of purchase. The land at Bhuwana purchased for Rs. 3.50 lacs has been sold for Rs. 15 lacs, i.e. at 4.285 times of the purchase price. The appreciation at Badi cannot be that

OCHHAB LAL JAIN,UDAIPUR vs. DCIT, CENTRAL CIRCLE-1, UDIAPUR, UDAIPUR

In the result, both the appeals of the assessee are allowed

13,000/- made\nby the AO in AY 2019-20, but was of the view that silver found and seized from\nthe lockers had been acquired during two financial years and should have been\ntaxed in those years, and he, accordingly issued notices for enhancement for AY\n2014-15 and AY 2016-17.Simultaneously, he enhanced the income for both these\nAYs

HEERA LAL KASARA,UDAIPUR vs. ITO, WARD-2(1), UDAIPUR

In the result, appeal of the assessee is allowed

Bench: Its Hearing Before Your Honours.”

13. Section 5 of the IT Act reads as under : (1) subject to the provision of this Act the total income of any previous year of a person who is a resident includes all income from whatever source derived which – (a) is received or deemed to be received in India in such year by or on behalf of such person

MEWAR HOSPITAL PVT. LTD. ,UDAIPUR vs. ACIT, CENTRAL CIRCLE-2, UDAIPUR

In the result the appeal of the assessee in ITA No

reassess taking into consideration the other material in respect of completed assessments/unabated assessments. Meaning thereby, in respect of completed/unabated assessments, no addition can be made by the AO in absence of any incriminating material found during the course of search under Section 132 or requisition under Section 132A of the Act, 1961. However, the completed/unabated assessments can be re-opened

MEWAR HOSPITAL PVT. LTD. ,UDAIPUR vs. ACIT, CENTRAL CIRCLE-2, UDAIPUR

In the result the appeal of the assessee in ITA No

reassess taking into consideration the other material in respect of completed assessments/unabated assessments. Meaning thereby, in respect of completed/unabated assessments, no addition can be made by the AO in absence of any incriminating material found during the course of search under Section 132 or requisition under Section 132A of the Act, 1961. However, the completed/unabated assessments can be re-opened

MEWAR HOSPITAL PVT. LTD. ,UDAIPUR vs. ACIT, CENTRAL CIRCLE-2, UDAIPUR

In the result the appeal of the assessee in ITA No

reassess taking into consideration the other material in respect of completed assessments/unabated assessments. Meaning thereby, in respect of completed/unabated assessments, no addition can be made by the AO in absence of any incriminating material found during the course of search under Section 132 or requisition under Section 132A of the Act, 1961. However, the completed/unabated assessments can be re-opened