Alag Property Construction (P.) Ltd. v. ACIT

INCOME TAX OFFICER-28(3)(1), MUMBAI, NAVI MUMBAI vs. VINOD BHANJI SHAH, VASHI, NAVI MUMBAI

In the result, the Cross Objection by the assessee is allowed, while the Revenue’s appeal is dismissed

Bench: Shri Sandeep Singh Karhailshri Bijayananda Pruseth

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER SHRI BIJAYANANDA PRUSETH, ACCOUNTANT MEMBER ITA No. 8608/Mum./2025 (Assessment Year : 2017-18) Income Tax Officer – 28(3)(1), Room No.316, 3rd Floor, Tower No.6, Vashi Railway Station Commercial Complex, Navi ……………. Appellant Mumbai – 400703. v/s Vinod Bhanji Shah, B 24 Apmc Market, Dana Bunder Vashi, Navi Mumbai – 400705, Maharashtra, India, Navi ……………. Respondent Mumbai. PAN : AGTPS0599R C.O. No. 40/Mum/2026 (Assessment Year : 2017-18) Vinod Bhanji Shah, B 24 Apmc Market, Dana Bunder Vashi, Navi Mumbai – 4…

ITO 19 1 5 MUMBAI, MUMBAI vs. JOHRATUSSHARAF SYEDNA MUFADDAL SAIFUDDIN, MUMBAI

In the result, the appeal of the Revenue is dismissed

Bench: Shri Saktijit Dey & Shri Makarand V Mahadeokara.Y:2017-18 Ito – 19(1)(5) Vs. Johratussharf Syedna 502, Piramal Chembers Mufaddal Saifuddin Lalbaug, Mumbai – Saifee Mahal, Ag Bell 400012. Marg, Mumbai – 400006. Pan/Gir No. Amrps6217J (Applicant) (Respondent)

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH MUMBAI BEFORE SHRI SAKTIJIT DEY, VICE PRESIDENT & SHRI MAKARAND V MAHADEOKAR, ACCOUNTANT MEMBER A.Y:2017-18 ITO – 19(1)(5) Vs. Johratussharf Syedna 502, Piramal Chembers Mufaddal Saifuddin Lalbaug, Mumbai – Saifee Mahal, AG Bell 400012. Marg, Mumbai – 400006. PAN/GIR No. AMRPS6217J (Applicant) (Respondent) Assessee by Shri Madhur Agarwal Revenue by Shri Vivek Permpurna Date of Hearing 05.03.2026 Date of Pronouncement 09.03.2026 आदेश / ORDER PER MAKARAND V MAHADEOKAR, AM: This appeal is directed against the order dated 31.10.2025 passed by the Commissioner of Income…

JIGNESH NATVERLAL PATEL (REPRESNTED BY LATE NATVERLAL NANUBHAI PATEL),MUMBAI vs. ITO WARD 24(3)(1), MUMBAI

In the result, the appeal of the assessee bearing ITA No

Bench: Shri Anikesh Banerjee & Shri Girish Agrawaljignesh Natverlal Patel Vs Ito Ward-24(3)(1), Mumbai (Represented By Late Piramal Chamber, Lalbaug, Natverlal Nanubhai Patel) Mumbai-400012 401 Adarsh Building, Rto Four Bunglows, Andheri (West), Mumbai-400053 Pan:Aaapp1767B Appellant Respondent

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “F”, MUMBAI BEFORE SHRI ANIKESH BANERJEE, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Jignesh Natverlal Patel vs ITO Ward-24(3)(1), Mumbai (Represented By Late Piramal Chamber, Lalbaug, Natverlal Nanubhai Patel) Mumbai-400012 401 Adarsh Building, RTO Four Bunglows, Andheri (West), Mumbai-400053 PAN:AAAPP1767B APPELLANT RESPONDENT Assessee by : Shri Aditya Ramchandran, Respondent by : Shri Sushil B. Shende (Sr DR) Date of hearing : 10/02/2026 Date of pronouncement : 05/03/2026 O R D E R Per: Anikesh Banerjee (JM): The instant appeal of the asse…

ITO-23(3)(6).MUMBAI, MUMBAI vs. RAJESHWAR BULLION TRADING , MUMBAI

In the result, the appeal is dismissed

Bench: Shri Saktijit Dey & Shri Makarand Vasant Mahadeokarm/S. Rajeshwar Bullion Trading Income Tax Officer 2Nd Floor, 61/63, Ward 23(3)(6) Har Narayan Building, Vs. Mumbai Zaveri Bazar, Mumbai-400 002 Pan/Gir No. Aasfr 7707 D (Assessee) : (Revenue) & Income Tax Officer M/S. Rajeshwar Bullion Trading Ward 23(3)(6) 2Nd Floor, 61/63, Mumbai Vs. Har Narayan Building, Zaveri Bazar, Mumbai-400 002 Pan/Gir No. Aasfr 7707 D (Revenue) : (Assessee) Appellant By : Shri Dhran Gandhi Respondent By : Shri Annavaram Kosuri (Sr. Ar) Date Of Hearing : 16.02.2026 Date Of Pronouncement : 20.02.2026 O R D E R Per Saktijit Dey: The Captioned Appeals, One By The Assessee & The Other By The Revenue Arise Out Of Two Separate Orders Passed By National Faceless Appeal Centre (‘Nfac’ For Short), Delhi, Pertaining To The Very Same Assessment Year (A.Y. For Short) 2017-18. However, While Assessee’S Appeal Arises Out Of Original Assessment Proceeding, The Revenue’S Appeal Arises Out Of Reassessment Proceeding U/S. 147 Of The Act. M/S. Rajeshwar Bullion Trading 2. At The Outset, We Will Deal With Assessee’S Appeal, Being Ita No.5754/Mum/2025. In Ground Nos. 1 & 2, The Assessee Has Challenged The Decision Of Ld. First Appellate Authority In Remanding The Issue Back To The Assessing Officer (A.O. For Short) For De Novo Adjudication. Whereas, In Ground No. 3, The Assessee Has Challenged The Non-Adjudication Of The Ground Relating To The Applicability Of Section 115Bbe Of The Act. Since, The Issues Are Overlapping, We Will Deal With Them Concurrently.

…IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VICE PRESIDENT AND SHRI MAKARAND VASANT MAHADEOKAR, ACCOUNTANT MEMBER M/s. Rajeshwar Bullion Trading Income Tax Officer 2nd Floor, 61/63, Ward 23(3)(6) Har Narayan Building, Vs. Mumbai Zaveri Bazar, Mumbai-400 002 PAN/GIR No. AASFR 7707 D (Assessee) : (Revenue) & Income Tax Officer M/s. Rajeshwar Bullion Trading Ward 23(3)(6) 2nd Floor, 61/63, Mumbai Vs. Har Narayan Building, Zaveri Bazar, Mumbai-400 002 PAN/GIR No. AASFR 7707 D (Revenue) : (Assessee) Appellant by : Shri Dhran Gandhi Respondent by : Shri Annavaram Kosuri (Sr. AR) Dat…

M/S. RAJESHWAR BULLION TRADING ,MUMBAI vs. ASST. CIT, CIRCLE 23(3), MUMBAI

In the result, the appeal is dismissed

Bench: Shri Saktijit Dey & Shri Makarand Vasant Mahadeokarm/S. Rajeshwar Bullion Trading Income Tax Officer 2Nd Floor, 61/63, Ward 23(3)(6) Har Narayan Building, Vs. Mumbai Zaveri Bazar, Mumbai-400 002 Pan/Gir No. Aasfr 7707 D (Assessee) : (Revenue) & Income Tax Officer M/S. Rajeshwar Bullion Trading Ward 23(3)(6) 2Nd Floor, 61/63, Mumbai Vs. Har Narayan Building, Zaveri Bazar, Mumbai-400 002 Pan/Gir No. Aasfr 7707 D (Revenue) : (Assessee) Appellant By : Shri Dhran Gandhi Respondent By : Shri Annavaram Kosuri (Sr. Ar) Date Of Hearing : 16.02.2026 Date Of Pronouncement : 20.02.2026 O R D E R Per Saktijit Dey: The Captioned Appeals, One By The Assessee & The Other By The Revenue Arise Out Of Two Separate Orders Passed By National Faceless Appeal Centre (‘Nfac’ For Short), Delhi, Pertaining To The Very Same Assessment Year (A.Y. For Short) 2017-18. However, While Assessee’S Appeal Arises Out Of Original Assessment Proceeding, The Revenue’S Appeal Arises Out Of Reassessment Proceeding U/S. 147 Of The Act. M/S. Rajeshwar Bullion Trading 2. At The Outset, We Will Deal With Assessee’S Appeal, Being Ita No.5754/Mum/2025. In Ground Nos. 1 & 2, The Assessee Has Challenged The Decision Of Ld. First Appellate Authority In Remanding The Issue Back To The Assessing Officer (A.O. For Short) For De Novo Adjudication. Whereas, In Ground No. 3, The Assessee Has Challenged The Non-Adjudication Of The Ground Relating To The Applicability Of Section 115Bbe Of The Act. Since, The Issues Are Overlapping, We Will Deal With Them Concurrently.

…IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VICE PRESIDENT AND SHRI MAKARAND VASANT MAHADEOKAR, ACCOUNTANT MEMBER M/s. Rajeshwar Bullion Trading Income Tax Officer 2nd Floor, 61/63, Ward 23(3)(6) Har Narayan Building, Vs. Mumbai Zaveri Bazar, Mumbai-400 002 PAN/GIR No. AASFR 7707 D (Assessee) : (Revenue) & Income Tax Officer M/s. Rajeshwar Bullion Trading Ward 23(3)(6) 2nd Floor, 61/63, Mumbai Vs. Har Narayan Building, Zaveri Bazar, Mumbai-400 002 PAN/GIR No. AASFR 7707 D (Revenue) : (Assessee) Appellant by : Shri Dhran Gandhi Respondent by : Shri Annavaram Kosuri (Sr. AR) Dat…

DEVANSHI SHARMA ,MUMBAI vs. ITO WARD 34(1)(1), MUMBAI

In the result, the appeal is allowed as indicated above

Bench: Shri Saktijit Dey & Shri Makarand Vasant Mahadeokardevanshi Sharma Ito, Ward 34(1)(1) 216, 2Nd Floor, Kautaliya Bhawan, Sagar Jyoti, Plot No. 18, Vs. 6Th Road, Jvpd Scheme, G-Block, Bandra Kurla Complex, Vile Parle (W), Mumbai-400 056 Bandra (E), Mumbai-400 051 Pan/Gir No. Cmvpk 6007 Q (Appellant) : (Respondent) Appellant By : Shri Shashank Mehta Respondent By : Shri Annavaram Kosuri Date Of Hearing : 05.02.2026 Date Of Pronouncement : 10.02.2026 O R D E R Per Saktijit Dey: This Is An Appeal By The Assessee Against Order Dated 27.10.2025, Passed By National Faceless Appeal Centre (‘Nfac’ For Short), Delhi For The Assessment Year (A.Y. For Short) 2017-18. 2. In Ground No. 1, The Assessee Has Raised A Pertinent Legal Issue, Challenging The Validity Of The Order Passed U/S. 148A(D) Of The Income Tax Act, 1961 (‘The Act’ For Short) As Also The Notice Issued U/S. 148 Of The Act. Since, The Aforesaid Issue Raised By The Assessee Is A Purely Legal & Jurisdictional Issue Going To The Root Of The Matter & Affecting The Validity Of The Proceedings Initiated U/S. 147 Of The Act, We Are Inclined To Address The Issue At The Very Outset.

…IN THE INCOME TAX APPELLATE TRIBUNAL “ D ” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VICE PRESIDENT AND SHRI MAKARAND VASANT MAHADEOKAR, ACCOUNTANT MEMBER Devanshi Sharma ITO, Ward 34(1)(1) 216, 2nd Floor, Kautaliya Bhawan, Sagar Jyoti, Plot No. 18, Vs. 6th Road, JVPD Scheme, G-Block, Bandra Kurla Complex, Vile Parle (W), Mumbai-400 056 Bandra (E), Mumbai-400 051 PAN/GIR No. CMVPK 6007 Q (Appellant) : (Respondent) Appellant by : Shri Shashank Mehta Respondent by : Shri Annavaram Kosuri Date of Hearing : 05.02.2026 Date of Pronouncement : 10.02.2026 O R D E R Per Saktijit Dey, Vice President: This is an appeal by th…

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE - 5(3), MUMBAI, MUMBAI vs. UNIFY TEXTURISERS PRIVATE LIMITED, MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawaldcit Central Circle-5(3), Vs Unify Texturisers Private Limited Mumbai 3Rd Floor, Astral Centre, Nm Joshi Kautilya Bhawan, Bandra Marg, Opp. Chinchpokli Railway Kurla Complex, Bandra (East) Station, Mumbai-400011 Mumbai 400051 Pan: Aaacu8565F Appellant Respondent C.O. No.241/Mum/2025 (Arising Out Of I.T.A. No.5055/Mum/2025 A.Y. :2017-18)

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “F”, MUMBAI BEFORE SHRI ANIKESH BANERJEE, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER DCIT Central Circle-5(3), vs Unify Texturisers Private Limited Mumbai 3rd Floor, Astral Centre, NM Joshi Kautilya Bhawan, Bandra Marg, Opp. Chinchpokli Railway Kurla Complex, Bandra (East) Station, Mumbai-400011 Mumbai 400051 PAN: AAACU8565F APPELLANT RESPONDENT C.O. No.241/Mum/2025 (Arising out of I.T.A. No.5055/Mum/2025 A.Y. :2017-18) Unify Texturisers Private vs DCIT Central Circle-5(3), Mumbai Limited Kautilya Bhawan, Bandra Kurla 3rd Floor, Astral Centre, NM…

ITO, MUMBAI vs. HIMANSHU SARDA, MUMBAI

Bench: Shri Anikesh Banerjee & Shri Makarand Vasant Mahadeokarito,Ward-42(1)(2), Mumbai Vs Himanshu Sarda Room No. 734, Kautilya 705/706, Shivalaya Residency Chs Bhawan, Bkc, Bandra (E) Ltd., Thakur Complex, 90 Feet Mumbai-400051 Road, Kandivali East, Mumbai- 400101 Pan: Flpps9753F Appellant Respondent C.O.410/Mum/2025 (Arising Out Of I.T.A. No.5862/Mum/2025 A.Y. :2017-18)

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “E”, MUMBAI BEFORE SHRI ANIKESH BANERJEE, JUDICIAL MEMBER AND SHRI MAKARAND VASANT MAHADEOKAR, ACCOUNTANT MEMBER ITO,Ward-42(1)(2), Mumbai vs Himanshu Sarda Room No. 734, Kautilya 705/706, Shivalaya Residency CHS Bhawan, BKC, Bandra (E) Ltd., Thakur Complex, 90 Feet Mumbai-400051 Road, Kandivali East, Mumbai- 400101 PAN: FLPPS9753F APPELLANT RESPONDENT C.O.410/Mum/2025 (Arising out of I.T.A. No.5862/Mum/2025 A.Y. :2017-18) Himanshu Sarda vs ITO,Ward-42(1)(2), Mumbai 705/706, Shivalaya Residency Room No. 734, Kautilya Bhawan, CHS Ltd., Thakur Complex, 90 BKC, Ban…

SUDHIR MOTIRAM PATIL,MUMBAI vs. ITO, WARD 3(2), KALYAN, KALYAN

In the result, the appeal by the assessee is allowed

Bench: Shri Sandeep Singh Karhailshri Girish Agrawalsudhir Motiram Patil C/O Hukumchand Jain, 16Th Floor, D Wing, Trade World Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra - 400013 ............... Appellant Pan: Avvpp1813G V/S Income Tax Officer, Ward-3(2), Rani Mansion, Murbad Road, ……………… Respondent Kalyan, Maharashtra – 421301 Assessee By : Shri Himanshu Gandhi, Ca Revenue By : Shri Pravin Salunkhe, Sr.Dr

…IN THE INCOME TAX APPELLATE TRIBUNAL “H (SMC)” BENCH, MUMBAI BEFORE SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Sudhir Motiram Patil C/o Hukumchand Jain, 16th Floor, D Wing, Trade World Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra - 400013 ............... Appellant PAN: AVVPP1813G v/s Income Tax Officer, Ward-3(2), Rani Mansion, Murbad Road, ……………… Respondent Kalyan, Maharashtra – 421301 Assessee by : Shri Himanshu Gandhi, CA Revenue by : Shri Pravin Salunkhe, Sr.DR Date of Hearing – 28/01/2026 Date of Order - 30/01/2026 O R D E R PER SANDEE…

BYSOL ENTERPRISES PRIVATE LIMITED, MUMBAI vs. ACIT, CIRCLE 4(1)(1), MUMBAI

In the result, appeal filed by the assessee is allowed

Bench: Amit Shukla & Shri Girish Agrawalassessment Year: 2017-18

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH MUMBAI BEFORE AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2017-18 Bysol Enterprises Pvt Ltd, Assistant Commissioner of 202, 2nd Floor Doulat Bhavan, Income Tax, Circle 4 (1) (1), Kalbadevi, Vs. Mumbai Mumbai - 400002 (PAN: AAFCB7625N) (Appellant) (Respondent) Present for: Assessee : Shri Kapil Hirani, Advocate Revenue : Shri Leyaqat Ali Aafaqui, Sr. AR Date of Hearing : 20.11.2025 Date of Pronouncement : 29.01.2026 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This appeal filed by the assessee is against the order of…

M/S SHEETAL CLOTHING COMPANY PVT LTD,MUMBAI vs. DCIT-CIRCLE 5(3)(1), MUMBAI

In the result, appeal filed by the assessee is allowed

Bench: Smt. Beena Pillai & Shri Girish Agrawalassessment Year: 2017-18

…IN THE INCOME TAX APPELLATE TRIBUNAL “G” BENCH MUMBAI BEFORE SMT. BEENA PILLAI, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2017-18 Sheetal Clothing Company Pvt DCIT, Circle5 (3) (1), Ltd. Mumbai 443, Sheetal Estate, M.S. Ali, Vs. Road, Grant Road, Mumbai – 400 007 (PAN: AAACS644F) (Appellant) (Respondent) Present for: Assessee : Shri Hitesh Jain, CA Revenue : Shri Arun Kanti Datta, CIT DR Date of Hearing : 27.11.2025 Date of Pronouncement : 29.01.2026 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This appeal filed by the assessee is against the order of National Faceless Appe…

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE - 5(3), MUMBAI, MUMBAI vs. ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED, MUMBAI

Bench: Shri Saktijit Dey, Vp & Ms Padmavathy S, Am

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VP & MS PADMAVATHY S, AM I.T.A. No. 3624/Mum/2025 (Assessment Year: 2015-16) I.T.A. No. 3625/Mum/2025 (Assessment Year: 2016-17) Aditya Birla Sun Life Insurance Co. Dy. CIT-5(3), Room No. 426, 4th Floor, Ltd., One World Center, Tower 1, Kautilya Bhavan, Bandra Kurla 16th Floor, Jupiter Mill Compound, Complex, Bandra (E), Vs. 841, Senapati Bapat Marg, Mumbai-400051 Elphinstone Road, Mumbai-400013. PAN: AABCB4623J Assessee) : Revenue) I.T.A. No. 4987/Mum/2025 (Assessment Year: 2015-17) I.T.A. No. 4822/Mum/2025 (Assessment Year: 201…

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE -5 (3), MUMBAI, MUMBAI vs. ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED, MUMBAI

Bench: Shri Saktijit Dey, Vp & Ms Padmavathy S, Am

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VP & MS PADMAVATHY S, AM I.T.A. No. 3624/Mum/2025 (Assessment Year: 2015-16) I.T.A. No. 3625/Mum/2025 (Assessment Year: 2016-17) Aditya Birla Sun Life Insurance Co. Dy. CIT-5(3), Room No. 426, 4th Floor, Ltd., One World Center, Tower 1, Kautilya Bhavan, Bandra Kurla 16th Floor, Jupiter Mill Compound, Complex, Bandra (E), Vs. 841, Senapati Bapat Marg, Mumbai-400051 Elphinstone Road, Mumbai-400013. PAN: AABCB4623J Assessee) : Revenue) I.T.A. No. 4987/Mum/2025 (Assessment Year: 2015-17) I.T.A. No. 4822/Mum/2025 (Assessment Year: 201…

ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED,MUMBAI vs. ASSESSMENT UNIT, ITD (JAO: DEPUTY COMMISSIONER OF INCOME-TAX, 5(3), MUMBAI), MUMBAI

Bench: Shri Saktijit Dey, Vp & Ms Padmavathy S, Am

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VP & MS PADMAVATHY S, AM I.T.A. No. 3624/Mum/2025 (Assessment Year: 2015-16) I.T.A. No. 3625/Mum/2025 (Assessment Year: 2016-17) Aditya Birla Sun Life Insurance Co. Dy. CIT-5(3), Room No. 426, 4th Floor, Ltd., One World Center, Tower 1, Kautilya Bhavan, Bandra Kurla 16th Floor, Jupiter Mill Compound, Complex, Bandra (E), Vs. 841, Senapati Bapat Marg, Mumbai-400051 Elphinstone Road, Mumbai-400013. PAN: AABCB4623J Assessee) : Revenue) I.T.A. No. 4987/Mum/2025 (Assessment Year: 2015-17) I.T.A. No. 4822/Mum/2025 (Assessment Year: 201…