INCOME TAX OFFICER WARD-1(1), JAIPUR vs. KIRAN INFRA ISPAT LIMITED, JAIPUR

unexplained cash credit under section 68 of the\nAct after disregarding the other evidences submitted by the assessee during the\ncourse

SITARAM BADRI NARAIN MAWAWALE,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

unexplained cash credits in its books of accounts which was shown in the grab of cash sales and so is to be added to the total income of assessee u/s 68 of the Act and taxed it @ 60% invoking provisions of section

SHREE DURGA JEWELLERS,JAWAHAR NAGAR JAIPUR vs. AO CIRCLE 4 JAIPUR, CR BUILDING JAIPUR

In the result, the appeal of the assessee is allowed

unexplained cash credit under section 68 of the Act.\nThe Tribunal observed that the provisions of section 68 of the Act can be attracted

ACIT, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. CHANDRA MOHAN BADAYA, JAIPUR

In the result the four appeals filed by the assessee stands

Bench: Him In The Case Of The Assessee For All These Four Assessment Year.

unexplained received will be liable to be taxed under section 69 despite of the acceptance the fact loans have been received by such assessee. Alternatively such credite (loans received) Chandra Mohan Badaya vs. DCIT will be liable to be taxed under section 68. Whereas in the present case the transactions have been done in unaccounted cash

CHANDRA MOHAN BADAYA,JAIPUR vs. DCIT, CENTRAL CIRCLE-2, JAIPUR

In the result the four appeals filed by the assessee stands

Bench: Him In The Case Of The Assessee For All These Four Assessment Year.

unexplained received will be liable to be taxed under section 69 despite of the acceptance the fact loans have been received by such assessee. Alternatively such credite (loans received) Chandra Mohan Badaya vs. DCIT will be liable to be taxed under section 68. Whereas in the present case the transactions have been done in unaccounted cash

ACIT, CC-2, JAIPUR, INCOME TAX DEPARTMENT vs. CHANDRA MOHAN BADAYA, JAIPUR

In the result the four appeals filed by the assessee stands

Bench: Him In The Case Of The Assessee For All These Four Assessment Year.

unexplained received will be liable to be taxed under section 69 despite of the acceptance the fact loans have been received by such assessee. Alternatively such credite (loans received) Chandra Mohan Badaya vs. DCIT will be liable to be taxed under section 68. Whereas in the present case the transactions have been done in unaccounted cash

ACIT, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. CHANDRA MOHAN BADAYA, JAIPUR

In the result the four appeals filed by the assessee stands

Bench: Him In The Case Of The Assessee For All These Four Assessment Year.

unexplained received will be liable to be taxed under section 69 despite of the acceptance the fact loans have been received by such assessee. Alternatively such credite (loans received) Chandra Mohan Badaya vs. DCIT will be liable to be taxed under section 68. Whereas in the present case the transactions have been done in unaccounted cash

ACIT, CENTRAL CIRCLE-2, JAIPUR, JAIPUR vs. CHANDRA MOHAN BADAYA, JAIPUR

In the result the four appeals filed by the assessee stands

Bench: Him In The Case Of The Assessee For All These Four Assessment Year.

unexplained received will be liable to be taxed under section 69 despite of the acceptance the fact loans have been received by such assessee. Alternatively such credite (loans received) Chandra Mohan Badaya vs. DCIT will be liable to be taxed under section 68. Whereas in the present case the transactions have been done in unaccounted cash

SUWALKA AND SUWALKA PROPERTIES AND BUILDERS PVT LTD,KOTA, RAJASTHAN vs. ACIT, CENTRAL CIRLCE, KOTA, KOTA, RAJASTHAN

Bench: Him Challenging The 2 Suwalka & Suwalka Properties & Builders Pvt. Ltd. Vs. Acit Assessment Order Dated 22.12.2019 Passed U/S.143(3)Of The Income Tax

section 145(3) of the Income Tax Act. The cash credited in the name of sale is treated as unexplained credits in the books of accounts of the appellant. Therefore, the addition is made as proposed in the show cause notice u/s 68