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

reassessment proceeding u/s 148 is without any belief of escapement and on surmise and therefore assessment framed on such belief liable to be quashed. Assessment so framed may kindly be declared void ab initio. 2. That on the facts and in the circumstances of the case, the Ld. CIT (A) 1, Jodhpur erred in sustaining the assessment order framed

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

reassessment proceeding u/s 148 is without any belief of escapement and on surmise and therefore assessment framed on such belief liable to be quashed. Assessment so framed may kindly be declared void ab initio. 2. That on the facts and in the circumstances of the case, the Ld. CIT (A) 1, Jodhpur erred in sustaining the assessment order framed

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

reassessment proceeding u/s 148 is without any belief of escapement and on surmise and therefore assessment framed on such belief liable to be quashed. Assessment so framed may kindly be declared void ab initio. 2. That on the facts and in the circumstances of the case, the Ld. CIT (A) 1, Jodhpur erred in sustaining the assessment order framed

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

reassessment proceeding u/s 148 is without any belief of escapement and on surmise and therefore assessment framed on such belief liable to be quashed. Assessment so framed may kindly be declared void ab initio. 2. That on the facts and in the circumstances of the case, the Ld. CIT (A) 1, Jodhpur erred in sustaining the assessment order framed

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

reassessment proceeding u/s 148 is without any belief of escapement and on surmise and therefore assessment framed on such belief liable to be quashed. Assessment so framed may kindly be declared void ab initio. 2. That on the facts and in the circumstances of the case, the Ld. CIT (A) 1, Jodhpur erred in sustaining the assessment order framed

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.”

reassessment proceedings initiated under section 147 of the Act. The objections of the assessee were duly disposed off by the AO vide his letter dated 15.12.2016.Thereafter, the AO issued show cause notice asking the assessee to show cause as to why the undisclosed GP of Rs. 47,79,046/- should not be treated as income from undisclosed sources vide letter

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

v) In the absence of any verifiable evidence, the figures mentioned in the seized\ndocuments are to be treated as actual figures. The appellant has not furnished any\nevidence before the AO in the form of any independent witness who can support the\narguments of the appellant. It is admitted fact that statement of Mr. Bharat Manwani\ncould

INDU BALA PORWAL,UDAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRE CIRCLE-1, UDAIPUR, UDAIPUR

In the result, ground no 5, 9 and 11 appeal is also allowed in favor as indicated above

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

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 search under section 132 or requisition under section 132A of the Act, 1961 in the case of the assessee. 37. The Ld. AR further

SMT. PUSHPA CHHAJER,JODHPUR vs. ACIT,CIRCLE-1, JODHPUR

In the result, appeal of the assessee is partly allowed

2 Copy of Return for A.Y 2015-16 17 3 Copy of audited financial statement along with return 18-46 and computation of income for A.Y 2014-15 4 Copy of notice issued u/s 148 of the Act by the ITO, 47 Ward-1(5), Jodhpur 5 Copy of reasons recorded while issuing notice

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

In the result the appeal of the assessee in ITA No

v) Since, in the seized documents in the "Total" column, gross receipts for FY 2011-12 are noted as Rs. 10,38,94,812/- whereas in the audited accounts, the gross receipts are shown as Rs. 8,71,39,988/-, the AO has held that the assessee has suppressed the gross receipts

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

In the result the appeal of the assessee in ITA No

v) Since, in the seized documents in the "Total" column, gross receipts for FY 2011-12 are noted as Rs. 10,38,94,812/- whereas in the audited accounts, the gross receipts are shown as Rs. 8,71,39,988/-, the AO has held that the assessee has suppressed the gross receipts

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

In the result the appeal of the assessee in ITA No

v) Since, in the seized documents in the "Total" column, gross receipts for FY 2011-12 are noted as Rs. 10,38,94,812/- whereas in the audited accounts, the gross receipts are shown as Rs. 8,71,39,988/-, the AO has held that the assessee has suppressed the gross receipts

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

In the result the appeal of the assessee in ITA No

v) Since, in the seized documents in the "Total" column, gross receipts for FY 2011-12 are noted as Rs. 10,38,94,812/- whereas in the audited accounts, the gross receipts are shown as Rs. 8,71,39,988/-, the AO has held that the assessee has suppressed the gross receipts

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

In the result the appeal of the assessee in ITA No

v) Since, in the seized documents in the "Total" column, gross receipts for FY 2011-12 are noted as Rs. 10,38,94,812/- whereas in the audited accounts, the gross receipts are shown as Rs. 8,71,39,988/-, the AO has held that the assessee has suppressed the gross receipts

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

In the result the appeal of the assessee in ITA No

v) Since, in the seized documents in the "Total" column, gross receipts for FY 2011-12 are noted as Rs. 10,38,94,812/- whereas in the audited accounts, the gross receipts are shown as Rs. 8,71,39,988/-, the AO has held that the assessee has suppressed the gross receipts

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

In the result the appeal of the assessee in ITA No

v) Since, in the seized documents in the "Total" column, gross receipts for FY 2011-12 are noted as Rs. 10,38,94,812/- whereas in the audited accounts, the gross receipts are shown as Rs. 8,71,39,988/-, the AO has held that the assessee has suppressed the gross receipts

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

In the result the appeal of the assessee in ITA No

v) Since, in the seized documents in the "Total" column, gross receipts for FY 2011-12 are noted as Rs. 10,38,94,812/- whereas in the audited accounts, the gross receipts are shown as Rs. 8,71,39,988/-, the AO has held that the assessee has suppressed the gross receipts

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

In the result the appeal of the assessee in ITA No

v) Since, in the seized documents in the "Total" column, gross receipts for FY 2011-12 are noted as Rs. 10,38,94,812/- whereas in the audited accounts, the gross receipts are shown as Rs. 8,71,39,988/-, the AO has held that the assessee has suppressed the gross receipts