423 ITR 62 (Bom.) 5) PCIT v. City Centre Mall Nashik (P.) Ltd.

424 ITR 85High Court2020#24952 most cited

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2021 to 2022.

Judgments citing 423 ITR 62 (Bom.) 5) PCIT v. City Centre Mall Nashik (P.) Ltd.

Nisarg Realtors Pvt Ltd., Thane vs. ACIT 15 (2)(1), Mumbai

In the result, the appeal of the assessee is allowed

ITA 7719/MUM/2019[2013-14]Status: DisposedITAT Mumbai28 Apr 2022AY 2013-14

Bench: Shri Prashant Maharishi, Am & Shri Amarjit Singh, Jm Nisarg Realtors Pvt. Ltd. The Asst. Commissioner Of Office No. 2 & 3, Meezzanine Income–Tax Flr Vihang Vihar Circle 15(2)(1), Vs. 4Th Floor, 403, Aayakar Bhavan, Panchpakahadi, Thane West, M.K. Road, Mumbai – 400 020 Mumbai–400 602 (Appellant) (Respondent) Pan No.Aahca9368D Assessee By : Ms. Nishita Mandalaywala, Ca Revenue By : Shri C.T. Mathews, Dr Date Of Hearing: 21.04.2022 Date Of Pronouncement : 28.04.2022

For Appellant: Ms. Nishita Mandalaywala, CAFor Respondent: Shri C.T. Mathews, DR

Section 143(3)Section 194

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, AM AND SHRI AMARJIT SINGH, JM Nisarg Realtors Pvt. Ltd. The Asst. Commissioner of Office no. 2 & 3, Meezzanine income–tax FLR Vihang Vihar Circle 15(2)(1), Vs. 4th floor, 403, Aayakar Bhavan, panchpakahadi, Thane West, M.K. Road, Mumbai – 400 020 Mumbai–400 602 (Appellant) (Respondent) PAN No.AAHCA9368D Assessee by : Ms. Nishita Mandalaywala, CA Revenue by : Shri C.T. Mathews, DR Date of hearing: 21.04.2022 Date of pronouncement : 28.04.2022 O R D E R PER PRASHANT MAHARISHI, AM: 01. This appeal is filed by Nisarg Realtors Pv…

ACIT (OSD) Corporate Circle 4(2), Chennai vs. Kka Buildtech Private Limited, Chennai

In the result, the appeal filed by the Revenue is dismissed

ITA 1159/CHNY/2019[2014-15]Status: DisposedITAT Chennai08 Oct 2021AY 2014-15

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita No.1159/Chny/2019 िनधा"रण वष" /Assessment Year: 2014-15

For Appellant: Mr. Suresh Periasamy, JCITFor Respondent: Mr. R. Sricharan, C.A

Section 22

…of 2008 & 979 of 2009 (Mad.). 3) CIT v. Thiruvananthapuram v. Oberon Edifices & Estates (P.) Ltd. [2019] 103.taxmann.com 413 (Ker.) 4) PCIT, Pune v. Krome Planet Interiors (P.) Ltd. [2020] 423 ITR 62 (Bom.) 5) PCIT v. City Centre Mall Nashik (P.) Ltd. [2020] 424 ITR 85 (Bom.) 9. We have heard both the sides, perused the materials available on record and gone through the orders of the authorities below. The assessee is a private limited company incorporated in August, 2007 I.T.A No.1159/Chny/2019 :- 6 -: under the provisions of the Companies Act, 1956. The main objects of the company are 1) To purchase, own or…

Trimurti Films Pvt. Ltd., Mumbai vs. ACIT, Circle - 16 (1), Mumbai

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

ITA 5811/MUM/2018[2013-14]Status: DisposedITAT Mumbai13 Aug 2021AY 2013-14

Bench: Shri Saktijit Dey () & Shri S. Rifaur Rahman () Assessment Year: 2013-14 Trimurti Films Pvt. Ltd., Acit, Circle 16(1), B-11, Commerce Centre, Tardeo Vs. 467, Aayakar Bhavan, 4Th Floor, Road, Mumbai-400034. M.K. Road, Mumbai-400020. Pan No. Aaact 4118 M Appellant Respondent Assessee By : Mr. Mihir C. Naniwadekar, Ar Revenue By : Mr. Vijay Kumar Menon, Dr Date Of Hearing : 01/06/2021 Date Of Pronouncement : 13/08/2021

For Appellant: Mr. Mihir C. Naniwadekar, ARFor Respondent: Mr. Vijay Kumar Menon, DR

Section 143(1)Section 143(2)Section 143(3)Section 24

…d on the submissions made by the assessee before Assessing Officer in respect of additional evidence and further relied on the following case law in Raj Dadarkar & Associates v. ACIT (2017) 394 ITR 592 (SC) and PCIT v. City Centre Mall Nashik Pvt. Ltd. (2020) 424 ITR 85 (Bom). 6. On the other hand, the Ld. DR relied on the order of authorities below and he also relied on the remand report submitted by the Assessing Officer. 7. Considered the rival submissions and material on record. We notice that assessee is in the business of production and distribution of films. Due to slack in the film production and assessee…