ACIT 32(3), MUMBAI vs. SHITAL S SHAH, MUMBAI

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “H” MUMBAI BEFORE SHRI C.N. PRASAD (JUDICIAL MEMBER) AND SHRI N.K. PRADHAN (ACCOUNTANT MEMBER)

ITA No. 4680/MUM/2017 Assessment Year: 2011-12 DCIT, Central Circle-8(1), Shri Ramesh G. Mumbai Room No. 656, 6th Gowani, 501, Vs. floor, Aayakar Bhavan, M.K. Commerce House, 140, Road, Mumbai-400020. N.M. Road, Fort, Mumbai-400023. PAN No. AAEPG3540M Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

ITA No. 4706/MUM/2017 Assessment Year: 2010-11 ACIT-16(1), Room No. 439, M/s Trimurti Films P. Aayakar Bhavan, M.K. Ltd. B-11, Commerce Vs. Marg, Mumbai-400020. Centre, Tardeo Road Mumbai-400034. PAN No. AAACT4118M Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 2 ITA No. 4680/Mum/2017 & Ors ITA No. 4907/MUM/2017 Assessment Year: 2013-14 Income Tax Officer- M/s Shree Madhu Industrial 1(3)(2), Room No. 541, Estate Ltd. (now known as Vs. 5th floor, Aayakar Madhu Corporation Park Bhavan, M.K. Road, Ltd.) Madhu Industrial Mumbai-400020. Estate, Ground floor, Pandurang Budhkar Marg, Mumbai-400013. PAN No. AAACS6532J Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

ITA No. 4908/MUM/2017 Assessment Year: 2013-14 Income Tax Officer- M/s SPS Finquest Pvt. Ltd. 1(3)(2), Room No. 541, G-702, Keshav Kunj 1, Vs. 5th floor, Aayakar Sector 30, Vashi, Navi Bhavan, M.K. Road, Mumbai-400705 Mumbai-400020. PAN No. AAACC2671C Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 3 ITA No. 4680/Mum/2017 & Ors ITA No. 5038/MUM/2017 Assessment Year: 2013-14 Asst. Commissioner of M/s Naitik Gems, 1103-A, Income Tax Circle-32(2), Aditya Tower, Chandvarkar Vs. Room No. 308, 3rd floor, Lane, Borivali (W), Mumbai- C-11, Pratyakshakar 400092. Bhavan, Bandra Kurla Complex, Bandra (E), Mumbai-400051. PAN No. AAEFN5488M Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

ITA No. 4997/MUM/2017 Assessment Year: 2007-08 & ITA No. 4998/MUM/2017 Assessment Year: 2008-09

ACIT-17(3), Mumbai M/s Saif Marine, 220, 2nd Room No. 137, 1st floor, floor, Vyapar Bhavan 49, Vs. Aayakar Bhavan, M.K. P.D’Mello Road, Masjid Marg, Mumbai-400020.. Bunder, Mumbai-400009 PAN No. AAPFS3198E Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 4 ITA No. 4680/Mum/2017 & Ors ITA No. 5059/MUM/2017 Assessment Year: 2011-12 Income Tax Officerr-32(2)(4), M/s Naitik Gems, 1103-A, Room No. 306, 3rd floor, C-11, Aditya Tower, Chandvarkar Vs. Pratyakshakar Bhavan, Lane, Borivali (W), Mumbai- Bandra Kurla Complex, 400092. Bandra (E), Mumbai-400051. PAN No. AAEFN5488M Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

ITA No. 5071/MUM/2017 Assessment Year: 2008-09 The ACIT-25(2), Room M/s Devashya, 11/14, Hari No. 508, C-10, 5th floor, Niwas, Hanuman Cross Vs. Pratyakshakar Bhavan Road, Vile Parle, Mumbai- Bandra Kurla Complex, 400056. Bandra (E), Mumbai- 400051. PAN No. AAAFD1690H Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 5109/MUM/2017 Assessment Year: 2012-13 The ITO-21(2)(2), Room Ms. Madhvi Sanjay Patil Flat No. 111, 1st floor, No. 4, Durgesh Dadar CHS, Vs. Piramal Chambers, S.B. Marg, Dadar, Parel, Mumbai-400012. Mumbai-400028. PAN No. ALDPP2490H Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 5 ITA No. 4680/Mum/2017 & Ors ITA No. 5160/MUM/2017 Assessment Year: 2010-11 DCIT-4(3)(1) R.N. 649, M/s Perfect Corporation 6th floor, Aayakar Services Ltd. 301, Sona Vs. Bhavan, Mumbai- Chambers, 507/509, JSS 400020. Road, Cira Bazar, Marine Lines (E), Mumbai-400002 PAN No. AADCP0907H Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

ITA No. 5161/MUM/2017 Assessment Year: 2010-11 DCIT-4(2)(1) R.No. 649, M/s Rukshmani Syntex Pvt. 6th floor, Aayakar Ltd. Office No. 47-48, Mittal Vs. Bhavan, Mumbai- Industrial Estate, Sir M. V. 400020. Road, Andheri (E), Mumbai- 400059. PAN No. AAACR2507C Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 5169/MUM/2017 Assessment Year: 2012-13 DCIT Cir-6(3)(2), R. No. M/s Jamnotri Impex Pvt. 506, 5th floor, Aayakar Ltd., 404, Anand Building, Vs. Bhavan, M.K. Road, 82, 84, Kazi Syed Street, Mumbai-400020. Masjid Bandar, Mumbai- 400003 PAN No. AAACJ0974D Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 6 ITA No. 4680/Mum/2017 & Ors

ITA No. 5174/MUM/2017 Assessment Year: 2013-14 Deputy/Assistant M/s Prabhat Trade Link 03, Commissioner of Income Nayankamal Apartment Vs. Tax, Circle-3 Kalyan, 2nd Opp. Mahila Mandal Bazar Floor, Rani Mansion, Peth, Kalyan (W)-421301. Murbad Road, Kalyan (W)-421301 PAN No. AABFP9025B Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 4747/MUM/2017 Assessment Year: 2007-08 ACIT-33(3) C-12, 6th Smt. Reena A. Goyal, 1503, floor, R. No. 607, Challenger Tower, II, Vs. Pratyakshakar Bhavan, Thakur Village, Kandivali B.K.C., Bandra (East) East, Mumbai-400101. Mumbai-400051. PAN No. AGSPG7620C Appellant Respondent

Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : Mr. Ankush Agarwal, AR

Shri Ramesh G. Gowani & Ors 7 ITA No. 4680/Mum/2017 & Ors ITA No. 4865/MUM/2017 Assessment Year: 2012-13 ITO-26(3)(4), Room No. Shri Vinod Sayaji Suryavanshi 507, 5th floor, C-11, 2-B, Sai Shradha CHS Ltd. V.S. Vs. Pratyakshakar Bhavan, Road, Mohali Village, Sakinaka, Bandra Kurla Complex, Mumbai-400072. Mumbai-400051. PAN No. AVXPS4296E Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

ITA No. 4903/MUM/2017 Assessment Year: 2011-12 Dy. Commissioner of C.R. Rajesh Nair A-801, N.G. Income Tax-11(2)(1), Garden, Bunder Pakhadi Vs. Room No. 417, Aayakar Road, Kandivali (W), Bhavan, M.K. Marg, Mumbai-400067. Mumbai-400020. PAN No. ADRPN0413A Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 8 ITA No. 4680/Mum/2017 & Ors ITA No. 4921/MUM/2017 Assessment Year: 2011-12 ACIT, Circle-11(3)(2), M/s Wilhelmsen Ship Room No. 427, Aayakar Management (India) Pvt. Vs. Bhavan, 4th floor, M.K. Ltd. 31/32 Apple Heritage, Marg, Mumbai-400020. Sir. MV Road, Plot No. 4C, Andheri (E), Mumbai-400093. PAN No. AAACI1614H Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : Mr. Nishant Thakkar, AR

ITA No. 4817/MUM/2017 Assessment Year: 2011-12 DCIT-4(1)(1), Room No. M/s Emkay Global Financial 640, 6th floor, Aayakar Services Ltd. The Ruby, 7th Vs. Bhavan, M.K. Road, floor, Senapati Bapat Marg, Mumbai-400020. Dadar (W), Mumbai-400028. PAN No. AAACE0994L Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 4870/MUM/2017 Assessment Year: 2009-10 DCIT-12(1)(1), Room M/s Aluwind Architectural No. 223, 2nd floor, Pvt. Ltd. 16, Municipal Vs. Aayakar Bhavan, M.K. Shopping Centre, Mitha Road, Mumbai-400020. Nagar, Goregaon (W), Mumbai-400090. PAN No. AAECA5798A Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 9 ITA No. 4680/Mum/2017 & Ors ITA No. 4884/MUM/2017 Assessment Year: 2013-14 Deputy Commissioner of M/s Tia Construction Co. Income Tax-1(3)(2), Pvt. Ltd. Tanna House, 1st Vs. Room No. 540, 5th floor, floor, 11/A, Nathalal Parikh Aayakar Bhavan, M.K. Marg, Colaba, Road, Mumbai-400020. Mumbai-400039. PAN No. AALCS1888E Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 4878/MUM/2017 Assessment Year: 2009-10 ACIT-19(3), Matru Shree Vinoo K. Naik 236- Mandir, 2nd floor, R.No. Blue Roase Industrial Vs. 206, Tardeo Road, Estate, 2nd flr, Western Mumbai-400007 Express Highway, Borivali (E), Mumbai-400086 PAN No. AACPN2962L Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 4895/MUM/2017 Assessment Year: 2009-10 Income Tax Officer- M/s Power Mech Engg. 26(2)(4), R. No. 709, 7th Corporation, Shop No. 2, Vs. floor, C-11, Bhaiyasaheb Nagar, Barkat Pratyakshakar Bhavan, Ali Naka, Walada (East), Bandra Kurla Complex, Mumbai-400037. Bandra (E), Mumbai- 400051. PAN No. AAFFP4713N Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 10 ITA No. 4680/Mum/2017 & Ors ITA No. 1977/MUM/2018 Assessment Year: 2011-12 Income Tax Officer M/s. Travel Mart India Pvt. Circle-3(3)(3) Ltd., Vs. Room No. 672, 7, Tulsiani Chambers, Aayakar Bhavan, M.K. Ground Floor, Nariman Road, Churchgate, Point, Mumbai – 400 021 Mumbai-400020. PAN No. AABCT 6760 E Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 1990/MUM/2018 Assessment Year: 2007-08 The Asst. Commissioner Shri Ketan R Chokshi of Income Tax, Circle- 723/724 Arun Chambers, Vs. 16(2) Pt. M.M. Malviya Marg Room No. 440, 4th floor, Tardeo Road, Aayakar Bhavan, M.K. Mumbai - 400 034 Road, Churchgate, Mumbai-400020. PAN No. AABPC8082F Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 11 ITA No. 4680/Mum/2017 & Ors ITA No. 2012/MUM/2018 Assessment Year: 2010-11 The Asst. Comm issioner Shri Mahendra Singh Mehta of Income Tax, Circle- 3401/C, Oberoi Woods, Vs. 13(1)(1) Mohan Gokhale Road, Room No. 218, 2ndfloor, Goregaon (East) AayakarBhavan, M.K. Mumbai – 400 063 Road, Churchgate, Mumbai-400020. PAN No. AABPM7661A Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 2015/MUM/2018 Assessment Year: 2012-13 The Deputy M/s. Hindustan Diamond Commissioner of Income Pvt. Ltd., Vs. Tax, Circle-14(2)(1) DE 6010, Bharat Diamond Room No. 432, 4th floor, Bourse, Aayakar Bhavan, M.K. Bandra Kurla Complex, Road, Churchgate, Bandra (E), Mumbai – 400 Mumbai-400020. 051 PAN No. AAACH0400Q Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : Mr. Mitesh N. Shah

Shri Ramesh G. Gowani & Ors 12 ITA No. 4680/Mum/2017 & Ors ITA No. 2016/MUM/2018 Assessment Year: 2009-10 The Deputy Shri Devan K. Gandhi Commissioner of Income A/303, Balaji Gardens, Vs. Tax, Central Circle-8(2) Sector – 11, Koparkhairne, Room No. 658, 6th floor, Navi Mumbai 400 709 AayakarBhavan, M.K. Road, Churchgate, Mumbai-400020. PAN No. ABHPG0909N Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

ITA No. 2052/MUM/2018 Assessment Year: 2013-14 Asst. Commissioner of M/s MM Corporation, 402, Income Tax-25(3), Mumbai Bajaj View, Bajaj Road, Vile Vs. Room No. 601, C-10, 6th Parle (W), Mumbai-400056. floor, Pratyakshakar Bhavan, Bandra Kurla Complex, Bandra (East), Mumbai-400051. PAN No. AAAFM1898E Appellant Respondent

Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 13 ITA No. 4680/Mum/2017 & Ors ITA No. 2070/MUM/2018 Assessment Year: 2013-14 ACIT-17(2), Room No. M/s Lemuir Air Express 134A, Aayakar Bhavan, Oricon House, 2nd floor, K Vs. M.K. Road, Mumbai- Dubash Marg, Fort, Mumbai- 400020. 400023. PAN No. AAAFL2518C Appellant Respondent

Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 2074/MUM/2018 Assessment Year: 2014-15 Income Tax Officer- Ramlingam Palaniappan 10, 20(3)(1), Room No. 622, 6th Sangeet Sagar, Laxmi Vs. floor, Piramal Chambers, Narayan Lane, Matunga, Parel, Mumbai-400012. Mumbai-400019 PAN No. AAKPP9603N Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 14 ITA No. 4680/Mum/2017 & Ors ITA No. 2103/MUM/2018 Assessment Year: 2012-13 JCIT (TDS) (OSD) – 2(3) M/s. Zee Entertainment 718, 7th Floor, Enterprises Ltd., Vs. Smt K.G. Mittal Ayurvedic 18th Floor, Marathon Hospital Building, Futurex, CharniRaod (W), N.M. Joshi Marg., Lower Mumbai – 400 002 Parel, Mumbai – 400 013 PAN No. AAACZ0243R Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : Mr. Jay Bhansali, AR

ITA No. 2109/MUM/2018 Assessment Year: 2013-14 Dy. Commissioner of M/s. Allana Sons Pvt. Ltd., Income Tax Allana House, Allana Road Vs. Circle 1(1)(1), Room No. Colaba, Mumbai – 400 001 533/579, 5th Floor, Aayakar Bhavan, M.K.Road, Mumbai-400 020. PAN No. AAACA4533D Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 15 ITA No. 4680/Mum/2017 & Ors ITA No. 2139/MUM/2018 Assessment Year: 2014-15 Income Tax Officer, Ward M/s. Eternity Co-op Housing 3(2) Society Ltd.,Telco Vs. Room No. 4, B Wing, 6th Compound, Floor, Ashar I.T. Park, Next to Eternity Mall, Wagle Industrial Estate, Dyansadhanda College Thane, Mumbai – 400 604. Road, Teen Hath Naka, Thane (W)- 400604 PAN No. AAAAE2614B Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 2144/MUM/2018 Assessment Year: 2012-13 DCIT CC-7(3), Room No. M/s Padmavati Township 655 6th floor, Aayakar Pvt. Ltd. 412, 71-G, Vs. Bhavan, M.K. Road, Vardhman Chamber C.P. Mumbai-400020. Road Horniman Circle Fort Mumbai. PAN No. AAFCM7826P Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 16 ITA No. 4680/Mum/2017 & Ors ITA No. 2243/MUM/2018 Assessment Year: 2013-14 Dy. Commissioner of M/s Ashrit Holdings Ltd., A- Income Tax, Range-9(1)(2), 25, MIDC, Street No.-3, Vs. Room No. 260, 2nd floor, Marol Industrial Area, Aayakar Bhavan, M.K. Andheri (E), Road, Mumbai-400020. Mumbai-400093. PAN No. AAACA6083E Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 2287/MUM/2018 Assessment Year: 2011-12 Dy. Commissioner of M/s. Fudenberg Gala Income Tax, Range- Household Product Private Vs. 15(1)(1), Room No. 470, Ltd 4thfloor, Aayakar Bhavan, B-902/903/904, 9th Floor, M.K. Road, Mumbai- B-Wing, 02 Galleria, Plot No. 400020. 23/24, Minerva Industrial Estate, Near Asha Nagar, Off LBS Marg, Mulund (W), Mumbai – 400080 PAN No. AADCG4345E Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 17 ITA No. 4680/Mum/2017 & Ors ITA No. 2298/MUM/2018 Assessment Year: 2010-11 Asst. Commissioner of Smt. Shital S Shah Income Tax, Range-32(3), 305, Madhur Apartment, Vs. Room No. 108, T.P.S. Road No.56, Borivali 1st Floor, C-11, West, Mumbai – 400 092 PratyakshakarBhavan, BandraKurla Complex, Bandra (East), Mumbai- 400051 PAN No. AXNPS2077F Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 2309/MUM/2018 Assessment Year: 2014-15 Asst. Commissioner of Shri Anthony John Pereira Income Tax Shop No.4,5,6, Ground Floor, Vs. Circle – 4, Room No. 2, Bldg No.21B,Amol Nagar, Ashar I.T. Park, 6th Floor, A Near Naigaon Station (W), Wing, Road No.16Z, Wagle Vasai Industrial Estate, Thane, Mumbai – 400 604 PAN No. AASPP8647G Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 18 ITA No. 4680/Mum/2017 & Ors ITA No. 2323/MUM/2018 Assessment Year: 2012-13 Income Tax Officer (E)-2(3) M/s. Shree Vallabh Shikshan Plot No. 6, Swami Shree Sansthan Vs. Vallabhdas Marg, Sion (W), Room No. 513, 5th floor, Mumbai-400022. Piramal Chambers, Lalbaug, Lower Parel, Mumbai- 400012. PAN No. AAATV0044R Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

ITA No. 2330/MUM/2018 Assessment Year: 2013-14 Income Tax Officer - Shri Ashok V. Viradia 32(1)(2), Room No. 204, C- B-202, Building No.7, Prem Vs. 11, 2ndfloor, Nagar, Mandpeshwar Road, PratyakshkarBhavan, Borivali (W) BandraKurla Complex, Mumbai – 400 092 Bandra (E), Mumbai – 400 051. PAN No. AAIPV3260B Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 19 ITA No. 4680/Mum/2017 & Ors

ITA No. 2331/MUM/2018 Assessment Year: 2013-14 The Deputy Commissioner M/s Indagro Foods Pvt. Ltd. of Income Tax, Circle- Allana House, 4, Allana Vs. 2(2)(1), Room No. 545, 5th Road, Colaba, Mumbai- floor, Aayakar Bhavan, M.K. 400001. Road, Churchgate, Mumbai- 400020. PAN No. AAACI6584Q Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

ITA No. 2345/MUM/2018 Assessment Year: 2013-14 The Deputy Commissioner M/s. First Fitness India Pvt. of Income Tax, Circle- Ltd., Vs. 9(3)(1), 201/203, Trade Avenue, Room No. 215, 2nd floor, Suren Road, Andheri (E), AayakarBhavan, M.K. Road, Mumbai – 400 093 Churchgate, Mumbai- 400020. PAN No. AAACL2475P Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 20 ITA No. 4680/Mum/2017 & Ors

ITA No. 2404/MUM/2018 Assessment Year: 2013-14 The Deputy Commissioner M/s. Talwar Equity of Income Tax, Circle- Management Pvt., ltd., Vs. 3(3)(2), 301-A, 3rd Floor, Poonam Room No. 609, 6th floor, Chambers, Dr. Annie Besant AayakarBhavan, M.K. Road, Road, Worli, Mumbai – 400 Churchgate, Mumbai- 018 400020. PAN No. AADCT0048B Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR : None Assessee by ITA No. 2455/MUM/2018 Assessment Year: 2013-14 The Deputy Commissioner M/s. SAP Holdings and of Income Tax, Circle- Leasing Pvt. Ltd., 53, Vs. 8(1)(2), DattaBhavan, Room No. 651, 6th floor, Vijay Manjrekar Lane, AayakarBhavan, M.K. Road, Gokhale Road, Dadar (W), Churchgate, Mumbai- Mumbai – 400 028 400020. PAN No. AAFCS7429B Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR : None Assessee by

Shri Ramesh G. Gowani & Ors 21 ITA No. 4680/Mum/2017 & Ors

ITA No. 2612/MUM/2018 Assessment Year: 2011-12 Income Tax Officer – Shri Pranav Suresh Bhatt 25(3)(2) 1st Floor, Chiranjeev, Vs. Room No. 604, C-10, 6th Gulmohar Cross Road No.4, Floor JVPD Scheme, Juhu, PratyakshkarBhavan, Mumbai – 400 049 BandraKurla Complex, Bandra (E), Mumbai – 400 051 PAN No. AFJPB6846H Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR : None Assessee by

ITA No. 2624/MUM/2018 Assessment Year: 2011-12 The Asst. Commissioner of M/s. OTIS Elevator Income Tax, Circle 13(1)(1) Company (India) Ltd., Vs. 2nd Floor, Room No.218 9th Floor, Magnus Tower, Aayakar Bhavan, M.K. Link Road, Malad (W), Road, Mumbai – 400 064 Mumbai-400 020 PAN No. AAACO0481E Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR : Mr. Firoze Andhyarujina, AR Assessee by

Shri Ramesh G. Gowani & Ors 22 ITA No. 4680/Mum/2017 & Ors

ITA No. 2634/MUM/2018 Assessment Year: 2013-14 DCIT CC-7(2), Room No. M/s DSG Corporation Pvt. 655, 6th floor, Aayakar Ltd. 103A, Swiss Corner, Vs. Bhavan, M.K. Road, Shastri Nagar, Varsova, Mumbai-400020. Andheri (W), Mumbai- 400053. PAN No. AAACD5064G Appellant Respondent

Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : Mr. Shri Prateek Jain, AR

ITA No. 2651/MUM/2018 Assessment Year: 2014-15

Income Tax Officer, Circle – M/s. Third Eye Integrated 13(3)(4) Services Pvt. Ltd., Vs. Room No. 216B, Aayakar 4th Floor, Lalani Aura, 34th Bhavan, M.K. Road, Road, Bandra (West), Mumbai-400020 Mumbai – 400 050. PAN No. AAECT3554D Appellant Respondent

Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None

Shri Ramesh G. Gowani & Ors 23 ITA No. 4680/Mum/2017 & Ors

ITA No. 2654/MUM/2018 Assessment Year: 2013-14 DCIT-13(2)(1), Room No. M/s Sapa Building System 146, 1st floor, Aayakar Pvt. Ltd. Dheeraj Heritage, Vs. Bhavan, M.K. Road, Near Milan Mall Santacruz Mumbai-400020. (M) Mumbai-400054. PAN No. AAPCS4488N Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 2676/MUM/2018 Assessment Year: 2014-15 Dy. Commissioner of M/s Bermaco Energy Income Tax Central Circle- Systems Pvt. Ltd. D-73/1, Vs. 8(4), 6th floor, Room No. TTC Industrial area, MIDC 658, Aayakar Bhavan, M.K. Road, Turbhe, Navi Road, Mumbai-400020. Mumbai-400705 PAN No. AAACB272N Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : None ITA No. 2738/MUM/2018 Assessment Year: 2011-12 ITO, Ward-1(1), Kalyan 1st Shri Balaram Madhukar floor, Mohan Plaza, Wayale Choudhary 105, Temghar Vs. Nagar, Kalyan West. Village, Bhiwandi-421302.

PAN No. ADNPC7004Q Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR

Shri Ramesh G. Gowani & Ors 24 ITA No. 4680/Mum/2017 & Ors Assessee by : Ms. Lipsa A. Chanchlani, AR

ITA No. 2739/MUM/2018 Assessment Year: 2011-12 ITO, Ward-1(3), Kalyan 1st Shri Padmakar Madhukar floor, Mohan Plaza, Wayale Chaudhary Vs. Nagar, Kalyan West, 105, Temghar Village, Mumbai – 421 301 Bhiwandi-421302 PAN No. ACIPC0777G Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : Ms. Lipsa A. Chanchlani, AR

ITA No.2740 /MUM/2018 Assessment Year: 2011-12 Income Tax Officer, Ward Shri Gopinath M. Chaudhary No.1(5) 105, Temghar Village, Vs. 1st Floor, Mohan Plaza, DandekarWadi, Bhiwandi, Wayale Nagar, Mumbai– 421 302 Khadakpada, Kalyan (W) – 421 301. PAN No. ACIPC1958R Appellant Respondent Revenue by : Mr. Manoj Kumar Singh, DR Assessee by : Ms. Lipsa A. Chanchlani, AR Date of Hearing : 10/08/2018 Date of pronouncement : 24/08/2018

Shri Ramesh G. Gowani & Ors 25 ITA No. 4680/Mum/2017 & Ors ORDER PER BENCH The Central Board of Direct Taxes (CBDT) vide Circular No. 3/2018 dated 11.07.2018 has specified that appeals shall not be filed before the Income Tax Appellate Tribunal (ITAT) in cases where the tax effect does not exceed the monetary limit of Rs.20,00,000/-. For this purchase, ‘tax effect’ means the difference between the tax on the total income assessed and the tax that would have been chargeable had such total income been reduced by the amount of income in respect of issues against which appeal is intended to be filed. Further, ‘tax effect’ shall be taxes including applicable surcharge and cess. However, the tax will not include any interest thereon, except where chargeability of interest itself is in dispute. In case the chargeability of interest is the issue under dispute, the amount of interest shall be the tax effect. In cases where returned loss is reduced or assessed as income, the tax effect would include notional tax on disputed additions. In case of penalty order, the tax effect will mean quantum of penalty deleted or reduced in the order to be appealed against. 2. In the captioned appeals, it seems the tax effect does not exceed the monetary limit of Rs.20,00,000/-. At para 13 of the above Circular, it has been mentioned that: “13. This Circular will apply to SLPs/appeals/cross objection/references to be filed henceforth in SC/HCs/Tribunal and it shall also apply retrospectively to pending SLPs/appeals/cross objections/references. Pending appeals

Shri Ramesh G. Gowani & Ors 26 ITA No. 4680/Mum/2017 & Ors below the specified tax limits in para 3 above may be withdrawn/not pressed.” 3. Before us, the Ld. DR submits that liberty may kindly be given to raise, after necessary further verification, and to seek recall the dismissal of appeals and restoration of the appeals in the cases (i) in which it can be shown that the appeals are covered by the exceptions and (ii) which are inadvertently included in this bunch of appeal, wherein the tax effect in terms of the above CBDT Circular, exceed Rs.20,00,000/-. There was no opposition from the Ld. counsels of the assessee to the above submission of the Ld. DR. 4. We agree with the above contentions of the Ld. DR and make it clear that the appellants shall be at liberty to file Miscellaneous Applications to point out the cases which are wrongly included in these appeals so summarily dismissed, and we will take appropriate remedial measures in this regard. 5. In view of the above observations, these appeals, involving tax effect of less than Rs.20,00,000/- are dismissed as withdrawn. Order pronounced in the open court on 24/08/2018. Sd/- Sd/- ( C.N. PRASAD) (N.K. PRADHAN) JUDICIAL MEMBER ACCOUNTANT MEMBER Mumbai; Dated: 24/08/2018 Rahul Sharma, Sr. P.S.

Shri Ramesh G. Gowani & Ors 27 ITA No. 4680/Mum/2017 & Ors

Copy of the Order forwarded to : 1. The Appellant 2. The Respondent. 3. The CIT(A)- 4. CIT 5. DR, ITAT, Mumbai 6. Guard file. BY ORDER, //True Copy// (Dy./Asstt. Registrar) ITAT, Mumbai