Annapurna Business Solutions v. ACIT, Circle 6(1)

JSW ENERGY LTD,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX (TRANSFER PRICING) 2(3)(1), MUMBAI

In the result, the appeal is allowed

Bench: Us Is A Public Company Engaged In The Business Of Generation Of Power & Operation & Maintenance Of The Power Plants, As Also Other Allied Activities. During The Course Of Its Assessment Proceedings, The Assessing Officer Made A Reference Under Section 92Ca(1), For Determination Of The Arm‟S Length Price Of The International Transactions & Specified Domestic Transaction Entered Into By The Assessee With Its Associated Enterprises (Aes), To The Deputy Commissioner Of Income Tax, Assessment Year 2014-15 Page 2 Of 17

…ITA No. 1223/Mum/2019 Assessment year 2014-15 Page 1 of 17 IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI K BENCH, MUMBAI [Coram: Pramod Kumar (Vice President), and Pavan Kumar Gadale (Judicial Member)] Assessment year 2014-15 JSW Energy Limited ..…………………………Appellant JSW Center, Bandra Kurla Complex Bandra (East), Mumbai 400 051 [PAN: AAACJ8109N] Vs. Deputy Commissioner of Income Tax Transfer Pricing- 2(3)(1), Mumbai. ……………...…………Respondent Appearances by: Rishabh Shah for the appellant Milind Chavan for the respondent Date of concluding the hearing : 14/05/2022 Date of pronouncing the order : 12/08/2022 O R D E…

DCIT- 19(1), MUMBAI vs. BHANSALI & CO., MUMBAI

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

…IN THE INCOME TAX APPELLATE TRIBUNAL "K" BENCH, MUMBAI SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY, JUDICIAL MEMBER Deputy Commissioner of Income Tax- Circle-19(1), Mumbai, Room No. 203, 2nd Floor, Matru Mandir Bldg., Tardeo Road, Mumbai - 400007 ……………. Appellant M/s Bhansali & Co., Vs EE-7010, Bharat Diamond Bourse, Bandra Kurla Complex, Bandra (East), Mumbai - 400051 Respondent [PAN: AACFB8643C] ……………. Appearances For the Appellant/ Department : Shri Vivek A Perampurna For the Respondent/Assessee : Shri Apurva R Shah Date of conclusion of hearing : 06.04.2022 Date of pronouncement of or…

ACIT-19)(1), MUMBAI vs. DAUJI & CO, MUMBAI

In the result, the appeal filed by the revenue is hereby ordered to be dismissed

Bench: Shri Shamim Yahya, Am & Shri Amarjit Singh, Jm आयकर अपील सं/ I.T.A. No.2713/Mum/2018 (निर्धारण वर्ा / Assessment Year: 2012-13) Dcit-19(1) बिधम/ M/S. Dauji & Co. Room No.203, 2Nd Floor, Dw-6160, 6Th Floor, Bharat Vs. Matru Mandir, Tardeo Road, Diamond Bourse, Bandra Mumbai-400007. (E), Mumbai-400051. स्थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaafd0646F (अपीलाथी /Appellant) .. (प्रत्यथी / Respondent) Revenue By: Shri R. Sindhu (Sr. Ar) Assessee By: None सुनवाई की तारीख / Date Of Hearing: 16/05/2019 घोषणा की तारीख /Date Of Pronouncement: 24/06/2019 आदेश / O R D E R Per Amarjit Singh, Jm: The Revenue Has Filed The Present Appeal Against The Order Dated 04.01.2018 Passed By The Commissioner Of Income Tax (Appeals) -55, Mumbai [Hereinafter Referred To As The “Cit(A)”] Relevant To The A.Y.2012- 13 In Which The Penalty Levied By Ao Has Been Ordered To Be Deleted.

…IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, MUMBAI BEFORE SHRI SHAMIM YAHYA, AM AND SHRI AMARJIT SINGH, JM आयकर अपील सं/ I.T.A. No.2713/Mum/2018 (निर्धारण वर्ा / Assessment Year: 2012-13) DCIT-19(1) बिधम/ M/s. Dauji & Co. Room No.203, 2nd Floor, DW-6160, 6th Floor, Bharat Vs. Matru Mandir, Tardeo Road, Diamond Bourse, Bandra Mumbai-400007. (E), Mumbai-400051. स्थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAAFD0646F (अपीलाथी /Appellant) .. (प्रत्यथी / Respondent) Revenue by: Shri R. Sindhu (Sr. AR) Assessee by: None सुनवाई की तारीख / Date of Hearing: 16/05/2019 घोषणा की तारीख /Date of Pronouncement: 24/06/2019 आ…

DCIT CEN CIR 2(1), MUMBAI vs. DHANERA DIAMONDS, MUMBAI

The appeal of the revenue is dismissed in terms of our aforesaid observations

Bench: Shri Rajendra, Am & Shri Ravish Sood, Jm Asst. Cit-5(1)(2), Mumbai, M/S D. Navinchandra Exports Pvt. Ltd., बिधम/ Room No. 568, 5Th Floor, 210 Prasad Chambers, Opera House, Aaykar Bhavan, M.K. Road, Vs. Mumbai-400 004 Mumbai-400 020 स्थायी लेखा सं./जीआइआर सं./ Pan No. Aadcp6855C (अऩीराथी /Revenue) (प्रत्मथी / Assessee) :

…ACIT Vs. D. Navinchandra Exports Pvt. Ltd-ITA. 6304/Mum/2016 1 ACIT vs. D. Navinchandra Gems Pvt. Ltd – ITA 6303/Mum/2016 Dy. CIT Vs. M/s Dhanera Diamonds- ITA 6310/Mum/2016 Dy. CIT Vs. M/s Akshar Impex Pvt. Ltd. –ITA 6292/Mum/2016 IN THE INCOME TAX APPELLATE TRIBUNAL “K” BENCH, MUMBAI BEFORE SHRI RAJENDRA, AM AND SHRI RAVISH SOOD, JM Asst. CIT-5(1)(2), Mumbai, M/s D. Navinchandra Exports Pvt. Ltd., बिधम/ Room No. 568, 5th Floor, 210 Prasad Chambers, Opera House, Aaykar Bhavan, M.K. Road, Vs. Mumbai-400 004 Mumbai-400 020 स्थायी लेखा सं./जीआइआर सं./ PAN No. AADCP6855C (अऩीराथी /Revenue) (प्रत्मथी / Assessee)…

ASST CIT 5(1)(2), MUMBAI vs. D. NAVINCHANDRA EXPORTS P.LTD, MUMBAI

The appeal of the revenue is dismissed in terms of our aforesaid observations

Bench: Shri Rajendra, Am & Shri Ravish Sood, Jm Asst. Cit-5(1)(2), Mumbai, M/S D. Navinchandra Exports Pvt. Ltd., बिधम/ Room No. 568, 5Th Floor, 210 Prasad Chambers, Opera House, Aaykar Bhavan, M.K. Road, Vs. Mumbai-400 004 Mumbai-400 020 स्थायी लेखा सं./जीआइआर सं./ Pan No. Aadcp6855C (अऩीराथी /Revenue) (प्रत्मथी / Assessee) :

…ACIT Vs. D. Navinchandra Exports Pvt. Ltd-ITA. 6304/Mum/2016 1 ACIT vs. D. Navinchandra Gems Pvt. Ltd – ITA 6303/Mum/2016 Dy. CIT Vs. M/s Dhanera Diamonds- ITA 6310/Mum/2016 Dy. CIT Vs. M/s Akshar Impex Pvt. Ltd. –ITA 6292/Mum/2016 IN THE INCOME TAX APPELLATE TRIBUNAL “K” BENCH, MUMBAI BEFORE SHRI RAJENDRA, AM AND SHRI RAVISH SOOD, JM Asst. CIT-5(1)(2), Mumbai, M/s D. Navinchandra Exports Pvt. Ltd., बिधम/ Room No. 568, 5th Floor, 210 Prasad Chambers, Opera House, Aaykar Bhavan, M.K. Road, Vs. Mumbai-400 004 Mumbai-400 020 स्थायी लेखा सं./जीआइआर सं./ PAN No. AADCP6855C (अऩीराथी /Revenue) (प्रत्मथी / Assessee)…

DCIT 5(1)(1), MUMBAI vs. AKSHAR IMPEX P.LTD, MUMBAI

The appeal of the revenue is dismissed in terms of our aforesaid observations

Bench: Shri Rajendra, Am & Shri Ravish Sood, Jm Asst. Cit-5(1)(2), Mumbai, M/S D. Navinchandra Exports Pvt. Ltd., बिधम/ Room No. 568, 5Th Floor, 210 Prasad Chambers, Opera House, Aaykar Bhavan, M.K. Road, Vs. Mumbai-400 004 Mumbai-400 020 स्थायी लेखा सं./जीआइआर सं./ Pan No. Aadcp6855C (अऩीराथी /Revenue) (प्रत्मथी / Assessee) :

…ACIT Vs. D. Navinchandra Exports Pvt. Ltd-ITA. 6304/Mum/2016 1 ACIT vs. D. Navinchandra Gems Pvt. Ltd – ITA 6303/Mum/2016 Dy. CIT Vs. M/s Dhanera Diamonds- ITA 6310/Mum/2016 Dy. CIT Vs. M/s Akshar Impex Pvt. Ltd. –ITA 6292/Mum/2016 IN THE INCOME TAX APPELLATE TRIBUNAL “K” BENCH, MUMBAI BEFORE SHRI RAJENDRA, AM AND SHRI RAVISH SOOD, JM Asst. CIT-5(1)(2), Mumbai, M/s D. Navinchandra Exports Pvt. Ltd., बिधम/ Room No. 568, 5th Floor, 210 Prasad Chambers, Opera House, Aaykar Bhavan, M.K. Road, Vs. Mumbai-400 004 Mumbai-400 020 स्थायी लेखा सं./जीआइआर सं./ PAN No. AADCP6855C (अऩीराथी /Revenue) (प्रत्मथी / Assessee)…