SECURE METERS LIMITED,UDAIPUR vs. PR. CIT, UDAIPUR

Bench: Shri Sandeep Gosain & Shri Vikram Singh Yadavassessment Year:2016-17 Secure Meters Limited, Vs. Pr.Cit, E-Class, Pratap Nagar Udaipur. Industrial Area, Udaipur-313001. Pan No. Aaccs 8785 M

setting aside the 2 ITA 02/Jodh/2021 Secure Meters Ltd. Vs PCIT original assessment order and has further erred in restoring back to the AO to pass fresh assessment order with the following direction: (a) To make reference to TPO for computation of ALP after approval of PCIT as required u/s 92CA in respect of International Transaction of Rs. 725.42 crores

P I INDUSTRIES LIMITED ,UDAIPUR vs. PR. CIT, UDAIPUR, UDAIPUR

Bench: Shri Sandeep Gosain & Shri Vikram Singh Yadavassessment Year:2016-17 Pi Industries Limited, Vs. Pr.Cit, Udaisagar Road, Udaipur. Udaipur-313001. Pan No. Aabcp 2183 M

setting aside the original assessment order and has further erred in restoring back to the AO to pass fresh assessment order with the following direction : (a) To make reference to TPO for computation of ALP after approval of PCIT as required u/s 92CA in respect of International Transaction of Rs. 2.87 crores with AEs and obtain report form him, thereafter

ASSTT. COMMISSIONER OF INCOME-TAX, CIRCLE-1, JODHPUR , JODHPUR vs. JODHPUR HEALTHCARE PVT. LTD., JODHPUR

In the result, the revenue appeals in ITA Nos

price list prefixed by the insurance\nagencies and the bills raised, the difference was transferred to discount. We\nagree with the findings given by the CIT(A) that the assessee should be left to\nthe discretion of the expenses required to be incurred by him in carrying on the\nbusiness. The contention of the assessee is also supported

ASSTT. COMMISSIONER OF INCOME-TAX, CIRCLE-1, JODHPUR , JODHPUR vs. JODHPUR HEALTHCARE PVT. LTD., JODHPUR

In the result, the revenue appeals in ITA Nos

price list prefixed by the insurance\nagencies and the bills raised, the difference was transferred to discount. We\nagree with the findings given by the CIT(A) that the assessee should be left to\nthe discretion of the expenses required to be incurred by him in carrying on the\nbusiness. The contention of the assessee is also supported

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 1, JODHPUR , JODHPUR vs. JODHPUR HEALTHCARE PVT. LTD., JODHPUR

In the result, the revenue appeals in ITA Nos

Bench: Dr. Mitha Lal Meena, Hon'Ble & Anikesh Banerjee, Hon'Ble

price list prefixed by the insurance agencies and the bills raised, the difference was transferred to discount. We agree with the findings given by the CIT(A) that the assessee should be left to the discretion of the expenses required to be incurred by him in carrying on the business. The contention of the assessee is also supported

SHRI SHESHAVTAR 1008 SHRI KALLAJI VEDPITH EVAM SHODH SANSTHAN,NIMBAHERA, CHITTORGARH vs. ITO EXEMPTION WARD, UDAIPUR, AAYKAR BHAWAN, UDAIPUR

In the result, appeal of the assessee is partly allowed

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

Set apart 15% 219627 -4392697 (Allowable Rs. 658905 i.e.15% of 4392697) Net NIL Once the net Income come is Nil as above the system did not allow to claim capital expenditure in Return further as it would amount to Negative Figure (Loss). Though these figures were there in Audited Accounts.Copy of relevant page of ITR is enclosed refer page no.172-173

ISLAUDDIN,JODHPUR vs. ITO-PHALODI, PHALODI

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

transferred to some other account. The assessing officer has simply\nassumed that the assessee did not have any debtors since past many years and the cash\ndeposited in bank represented his undisclosed income/investment. He has not given any\ncognizance to the balance sheet of the preceding years (AY 2008-09 to AY 2016-17), in\nwhich the debtors were duly

SHREE NAVKAR REALINFRA PRIVATE LIMITED,BHILWARA vs. PCIT, UDAIPUR

In the result, appeal of the assessee is allowed

Bench: Or At The Time Of Hearing Of This Appeal.”

loss making company after obtaining loan from the bank The AO could have examined this angle, however, the AO has conducted only the superficial enquiries without going into the depth of the issue due to which the assessment order in the case of the assessee for A.Y. 2017-18 is found to be erroneous

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

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

prices by reducing the amenities which were originally offered. They have also made complaint about the goodwill/reputation of the company if the project remains uncompleted. Considering the good will of the company and reputation of the relevant Directors in the Real Estate Market the position of continuation of project with new name has been decided by the company. However looking

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

prices are quoted yielding lower profits. Moreover, the cost of construction and other expenses keep on increasing. Various contracts were required to be completed within a strict time frame, failing which contractual penalties were also too high. Besides these factors, the assessee-company took some of the projects on a sub- contract basis on low profit margins. Ld. AO from

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

In the result the appeal of the assessee in ITA No

Loss Account was unjustified. It was further argued that some of the discount was on account of the fact that for certain treatment there was package which includes cost of operation, medicines, room charges or ICU etc. The separate bills were also raised even to these package patients and therefore the shortfall was transferred to discount account

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

In the result the appeal of the assessee in ITA No

Loss Account was unjustified. It was further argued that some of the discount was on account of the fact that for certain treatment there was package which includes cost of operation, medicines, room charges or ICU etc. The separate bills were also raised even to these package patients and therefore the shortfall was transferred to discount account

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

Loss Account was unjustified. It was further argued that some of the discount was on account of the fact that for certain treatment there was package which includes cost of operation, medicines, room charges or ICU etc. The separate bills were also raised even to these package patients and therefore the shortfall was transferred to discount account

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

Loss Account was unjustified. It was further argued that some of the discount was on account of the fact that for certain treatment there was package which includes cost of operation, medicines, room charges or ICU etc. The separate bills were also raised even to these package patients and therefore the shortfall was transferred to discount account

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

Loss Account was unjustified. It was further argued that some of the discount was on account of the fact that for certain treatment there was package which includes cost of operation, medicines, room charges or ICU etc. The separate bills were also raised even to these package patients and therefore the shortfall was transferred to discount account

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

In the result the appeal of the assessee in ITA No

Loss Account was unjustified. It was further argued that some of the discount was on account of the fact that for certain treatment there was package which includes cost of operation, medicines, room charges or ICU etc. The separate bills were also raised even to these package patients and therefore the shortfall was transferred to discount account

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

In the result the appeal of the assessee in ITA No

Loss Account was unjustified. It was further argued that some of the discount was on account of the fact that for certain treatment there was package which includes cost of operation, medicines, room charges or ICU etc. The separate bills were also raised even to these package patients and therefore the shortfall was transferred to discount account

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

In the result the appeal of the assessee in ITA No

Loss Account was unjustified. It was further argued that some of the discount was on account of the fact that for certain treatment there was package which includes cost of operation, medicines, room charges or ICU etc. The separate bills were also raised even to these package patients and therefore the shortfall was transferred to discount account