Rajasthan Patrika Private Limited Vs ACIT (ITAT Jaipur) -
ITAT Jaipur held that disallowance of marketing and survey expenditure merely because of non-production of the concerned party whose identity is proved is unsustainable in law....
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ACIT Vs Chandra Surana (ITAT Jaipur) -
If the cash sales and receipts were duly supported by relevant bills which were produced in the course of assessment proceedings, addition U/s 68 was unwarranted. Where cash sales transaction was recorded in regular books of accounts, sales were made out of stock-in-trade then no addition U/s 68 could be sustained....
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ACIT Vs Laxmi Ram Khandelwal (ITAT Jaipur) -
ITAT Jaipur set aside the CIT(A) order as the same being non-speaking and cryptic order which is passed against the principles of natural justice as opportunity to the AO to ascertain the correct fact was not granted....
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Indexone Tradecone Pvt. Ltd. Vs DCIT (ITAT Jaipur) -
ITAT held that provisions of sub-section (4) would be applicable in respect of agreement to sell for transfer of an asset which has been executed on or after 1st April, 2013....
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Girraj Prasad Shambhu Dayal Vs Principal Commissioner of Income (ITAT Jaipur) -
ITAT Jaipur held that condonation of delay cannot be granted merely on the basis of sympathy or benevolence. Further, condonation of delay rejected alleging lack of diligence and inaction on the part of the assessee....
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Smt. Priyanka Agarwal Vs DCIT (ITAT Jaipur) -
Smt. Priyanka Agarwal Vs DCIT (ITAT Jaipur) Taking into facts and circumstances of the case it is an evident from the show cause notice u/s 274 read with section 271AAB of the Act that the Assessing Officer was not clear i.e whether it is for the clause (a) or clause (b) or clause (c) of […]...
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Jhunjhunu Karya Vikrya Sahakari Samiti Limited Vs PCIT (ITAT Jaipur) -
AO has clearly conducted the enquiry and revenue did not pin point the error on the part of the assessing officer the order passed after due application of mind cannot be subjected to proceeding u/s. 263 of the Act....
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Harish Jain Vs PCIT (ITAT Jaipur) -
ITAT held that invocation of provision of 263 to correct section under which penalty is leviable or not is beyond the power vested under section 263 of Income Tax Act,...
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Smt. Anita Jain Vs ACIT (ITAT Jaipur) -
ITAT Jaipur held that additions on account of LIC Premia treated as unexplained investment deleted as merely based on rough notings without any substantive evidence....
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DCIT Vs P.R. Rolling Mills Pvt. Ltd. (ITAT Jaipur) -
ITAT Jaipur held that benefit of deduction under section 35(1)(ii) of the Income Tax Act unavailable on bogus donation on adoption of unfair means....
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