ACIT v. Shree Pushkar Chemicals and Fertilizers Ltd.

DCIT 2(1), Mumbai vs. Chennai Continer Terminal P.Ltd, Mumbai

In the result, appeal filed by the assessee is allowed for statistical purpose

Bench: Shri S. Rifaur Rahman, Hon'Ble & Ms. Kavitha Rajagopal, Hon’Ble

…treatment of benefit under the SFIS are being a capital receipt, the amount of benefit will be excluded from the computation of book profit under section 115JB. Reliance is placed on the decision of ACIT v. Shree Pushkar Chemicals and Fertilizers Ltd. (2022) 192 ITD 618 (Mum) (Para 15). 27. On the other hand, Ld. DR relied on the order of the lower authorities. Page No. 16 ITA NOs. 893, 894, 1118 & 1119/MUM/2013 Chennai Container Terminal Pvt. Ltd 28. Considered the rival submissions and material placed on record, as we have decided Ground No. 1 to 4 as treatment of benefit under the SFIS as being a capital…

DCIT 2(1), Mumbai vs. Chennai Continer Terminal P.Ltd, Mumbai

In the result, appeal filed by the assessee is allowed for statistical purpose

Bench: Shri S. Rifaur Rahman, Hon'Ble & Ms. Kavitha Rajagopal, Hon’Ble

…treatment of benefit under the SFIS are being a capital receipt, the amount of benefit will be excluded from the computation of book profit under section 115JB. Reliance is placed on the decision of ACIT v. Shree Pushkar Chemicals and Fertilizers Ltd. (2022) 192 ITD 618 (Mum) (Para 15). 27. On the other hand, Ld. DR relied on the order of the lower authorities. Page No. 16 ITA NOs. 893, 894, 1118 & 1119/MUM/2013 Chennai Container Terminal Pvt. Ltd 28. Considered the rival submissions and material placed on record, as we have decided Ground No. 1 to 4 as treatment of benefit under the SFIS as being a capital…

Chennai Container Terminal P. Ltd, Mumbai vs. ACIT 2(1), Mumbai

In the result, appeal filed by the assessee is allowed for statistical purpose

Bench: Shri S. Rifaur Rahman, Hon'Ble & Ms. Kavitha Rajagopal, Hon’Ble

…treatment of benefit under the SFIS are being a capital receipt, the amount of benefit will be excluded from the computation of book profit under section 115JB. Reliance is placed on the decision of ACIT v. Shree Pushkar Chemicals and Fertilizers Ltd. (2022) 192 ITD 618 (Mum) (Para 15). 27. On the other hand, Ld. DR relied on the order of the lower authorities. Page No. 16 ITA NOs. 893, 894, 1118 & 1119/MUM/2013 Chennai Container Terminal Pvt. Ltd 28. Considered the rival submissions and material placed on record, as we have decided Ground No. 1 to 4 as treatment of benefit under the SFIS as being a capital…

Chennai Container Terminal P. Ltd, Mumbai vs. DCIT 2(1), Mumbai

In the result, appeal filed by the assessee is allowed for statistical purpose

Bench: Shri S. Rifaur Rahman, Hon'Ble & Ms. Kavitha Rajagopal, Hon’Ble

…treatment of benefit under the SFIS are being a capital receipt, the amount of benefit will be excluded from the computation of book profit under section 115JB. Reliance is placed on the decision of ACIT v. Shree Pushkar Chemicals and Fertilizers Ltd. (2022) 192 ITD 618 (Mum) (Para 15). 27. On the other hand, Ld. DR relied on the order of the lower authorities. Page No. 16 ITA NOs. 893, 894, 1118 & 1119/MUM/2013 Chennai Container Terminal Pvt. Ltd 28. Considered the rival submissions and material placed on record, as we have decided Ground No. 1 to 4 as treatment of benefit under the SFIS as being a capital…

ACIT Cent. Cir 3(3), Mumbai vs. M/S. Aym Syntex Ltd, Mumbai

Bench: Shri Kuldip Singh () & Shri Om Prakash Kant () Assessment Year: 2013-14 M/S Aym Syntex Ltd. (Formerly Dcit-Central Circel-3(3), Known As M/S Welspun Syntex Ltd.), Air India Building Nariman 9Th Floor, B Wing, Trade World, Vs. Point, Senapati Bapat Marg, Lower Parel, Mumbai-400021. Mumbai-400013. Pan No. Aaacw 0489 L Appellant Respondent Assessment Year: 2014-15 M/S Aym Syntex Ltd. (Formerly Dcit-Central Circel-3(3), Known As M/S Welspun Syntex Ltd.), Air India Building Nariman 9Th Floor, B Wing, Trade World, Vs. Point, Senapati Bapat Marg, Lower Parel, Mumbai-400021. Mumbai-400013. Pan No. Aaacw 0489 L Appellant Respondent Assessment Year: 2014-15 Asst. Cit Cc-3(3), Central Range-3, M/S Aym Syntex Ltd., Room No. 1923, 19Th Floor, Air India 9Th Floor Trade World, Senapati Building, Nariman Point, Vs. Bapat Marg, Kmala Mills Mumbai-400021. Compound, Lower Parel, Mumbai-400011. Pan No. Aaacw 0489 L Appellant Respondent

…o the decision of Tribunal in the case The Ld. Counsel also referred to the decision of Tribunal in the case The Ld. Counsel also referred to the decision of Tribunal in the case of Shree Pushkar Chemicals & Fertiliz Shree Pushkar Chemicals & Fertilizers Ltd. 192 ITD 618 ers Ltd. 192 ITD 618. 16. On the contrary, the Ld. DR relied on the order of the lower On the contrary, the Ld. DR relied on the order of the lower On the contrary, the Ld. DR relied on the order of the lower authorities. 17. We have heard the rival submissions of the parties on the We have heard the rival submissions of the parties on the We ha…

ACIT- CC -3, Mumbai vs. Aym Syntex Ltd., Mumbai

Bench: Shri Kuldip Singh () & Shri Om Prakash Kant () Assessment Year: 2013-14 M/S Aym Syntex Ltd. (Formerly Dcit-Central Circel-3(3), Known As M/S Welspun Syntex Ltd.), Air India Building Nariman 9Th Floor, B Wing, Trade World, Vs. Point, Senapati Bapat Marg, Lower Parel, Mumbai-400021. Mumbai-400013. Pan No. Aaacw 0489 L Appellant Respondent Assessment Year: 2014-15 M/S Aym Syntex Ltd. (Formerly Dcit-Central Circel-3(3), Known As M/S Welspun Syntex Ltd.), Air India Building Nariman 9Th Floor, B Wing, Trade World, Vs. Point, Senapati Bapat Marg, Lower Parel, Mumbai-400021. Mumbai-400013. Pan No. Aaacw 0489 L Appellant Respondent Assessment Year: 2014-15 Asst. Cit Cc-3(3), Central Range-3, M/S Aym Syntex Ltd., Room No. 1923, 19Th Floor, Air India 9Th Floor Trade World, Senapati Building, Nariman Point, Vs. Bapat Marg, Kmala Mills Mumbai-400021. Compound, Lower Parel, Mumbai-400011. Pan No. Aaacw 0489 L Appellant Respondent

…o the decision of Tribunal in the case The Ld. Counsel also referred to the decision of Tribunal in the case The Ld. Counsel also referred to the decision of Tribunal in the case of Shree Pushkar Chemicals & Fertiliz Shree Pushkar Chemicals & Fertilizers Ltd. 192 ITD 618 ers Ltd. 192 ITD 618. 16. On the contrary, the Ld. DR relied on the order of the lower On the contrary, the Ld. DR relied on the order of the lower On the contrary, the Ld. DR relied on the order of the lower authorities. 17. We have heard the rival submissions of the parties on the We have heard the rival submissions of the parties on the We ha…

Aym Syntex Ltd. (Formerly Known As M/S. Welspun Syntex Ltd.), Mumbai vs. DCIT- CC- 3(4), Mumbai

Bench: Shri Kuldip Singh () & Shri Om Prakash Kant () Assessment Year: 2013-14 M/S Aym Syntex Ltd. (Formerly Dcit-Central Circel-3(3), Known As M/S Welspun Syntex Ltd.), Air India Building Nariman 9Th Floor, B Wing, Trade World, Vs. Point, Senapati Bapat Marg, Lower Parel, Mumbai-400021. Mumbai-400013. Pan No. Aaacw 0489 L Appellant Respondent Assessment Year: 2014-15 M/S Aym Syntex Ltd. (Formerly Dcit-Central Circel-3(3), Known As M/S Welspun Syntex Ltd.), Air India Building Nariman 9Th Floor, B Wing, Trade World, Vs. Point, Senapati Bapat Marg, Lower Parel, Mumbai-400021. Mumbai-400013. Pan No. Aaacw 0489 L Appellant Respondent Assessment Year: 2014-15 Asst. Cit Cc-3(3), Central Range-3, M/S Aym Syntex Ltd., Room No. 1923, 19Th Floor, Air India 9Th Floor Trade World, Senapati Building, Nariman Point, Vs. Bapat Marg, Kmala Mills Mumbai-400021. Compound, Lower Parel, Mumbai-400011. Pan No. Aaacw 0489 L Appellant Respondent

…o the decision of Tribunal in the case The Ld. Counsel also referred to the decision of Tribunal in the case The Ld. Counsel also referred to the decision of Tribunal in the case of Shree Pushkar Chemicals & Fertiliz Shree Pushkar Chemicals & Fertilizers Ltd. 192 ITD 618 ers Ltd. 192 ITD 618. 16. On the contrary, the Ld. DR relied on the order of the lower On the contrary, the Ld. DR relied on the order of the lower On the contrary, the Ld. DR relied on the order of the lower authorities. 17. We have heard the rival submissions of the parties on the We have heard the rival submissions of the parties on the We ha…

M/S. Aym Syntex Ltd (Formerly Known As M/S. Welspun Syntex Ltd, Mumbai vs. DCIT -Cent Cir-3(4), Mumbai

Bench: Shri Kuldip Singh () & Shri Om Prakash Kant () Assessment Year: 2013-14 M/S Aym Syntex Ltd. (Formerly Dcit-Central Circel-3(3), Known As M/S Welspun Syntex Ltd.), Air India Building Nariman 9Th Floor, B Wing, Trade World, Vs. Point, Senapati Bapat Marg, Lower Parel, Mumbai-400021. Mumbai-400013. Pan No. Aaacw 0489 L Appellant Respondent Assessment Year: 2014-15 M/S Aym Syntex Ltd. (Formerly Dcit-Central Circel-3(3), Known As M/S Welspun Syntex Ltd.), Air India Building Nariman 9Th Floor, B Wing, Trade World, Vs. Point, Senapati Bapat Marg, Lower Parel, Mumbai-400021. Mumbai-400013. Pan No. Aaacw 0489 L Appellant Respondent Assessment Year: 2014-15 Asst. Cit Cc-3(3), Central Range-3, M/S Aym Syntex Ltd., Room No. 1923, 19Th Floor, Air India 9Th Floor Trade World, Senapati Building, Nariman Point, Vs. Bapat Marg, Kmala Mills Mumbai-400021. Compound, Lower Parel, Mumbai-400011. Pan No. Aaacw 0489 L Appellant Respondent

…o the decision of Tribunal in the case The Ld. Counsel also referred to the decision of Tribunal in the case The Ld. Counsel also referred to the decision of Tribunal in the case of Shree Pushkar Chemicals & Fertiliz Shree Pushkar Chemicals & Fertilizers Ltd. 192 ITD 618 ers Ltd. 192 ITD 618. 16. On the contrary, the Ld. DR relied on the order of the lower On the contrary, the Ld. DR relied on the order of the lower On the contrary, the Ld. DR relied on the order of the lower authorities. 17. We have heard the rival submissions of the parties on the We have heard the rival submissions of the parties on the We ha…

Aym Syntex Ltd.(Formerly Known As M/S. Welspun Syntex Ltd.), Mumbai vs. DCIT- CC- 3(3), Mumbai

Bench: Shri Kuldip Singh () & Shri Om Prakash Kant () Assessment Year: 2013-14 M/S Aym Syntex Ltd. (Formerly Dcit-Central Circel-3(3), Known As M/S Welspun Syntex Ltd.), Air India Building Nariman 9Th Floor, B Wing, Trade World, Vs. Point, Senapati Bapat Marg, Lower Parel, Mumbai-400021. Mumbai-400013. Pan No. Aaacw 0489 L Appellant Respondent Assessment Year: 2014-15 M/S Aym Syntex Ltd. (Formerly Dcit-Central Circel-3(3), Known As M/S Welspun Syntex Ltd.), Air India Building Nariman 9Th Floor, B Wing, Trade World, Vs. Point, Senapati Bapat Marg, Lower Parel, Mumbai-400021. Mumbai-400013. Pan No. Aaacw 0489 L Appellant Respondent Assessment Year: 2014-15 Asst. Cit Cc-3(3), Central Range-3, M/S Aym Syntex Ltd., Room No. 1923, 19Th Floor, Air India 9Th Floor Trade World, Senapati Building, Nariman Point, Vs. Bapat Marg, Kmala Mills Mumbai-400021. Compound, Lower Parel, Mumbai-400011. Pan No. Aaacw 0489 L Appellant Respondent

…o the decision of Tribunal in the case The Ld. Counsel also referred to the decision of Tribunal in the case The Ld. Counsel also referred to the decision of Tribunal in the case of Shree Pushkar Chemicals & Fertiliz Shree Pushkar Chemicals & Fertilizers Ltd. 192 ITD 618 ers Ltd. 192 ITD 618. 16. On the contrary, the Ld. DR relied on the order of the lower On the contrary, the Ld. DR relied on the order of the lower On the contrary, the Ld. DR relied on the order of the lower authorities. 17. We have heard the rival submissions of the parties on the We have heard the rival submissions of the parties on the We ha…