CIT-1 v. Apex Therm Packaging Pvt. Ltd. (

6 DTR 191High Court2008#11725 most cited
9

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2020 to 2024.

Judgments citing CIT-1 v. Apex Therm Packaging Pvt. Ltd. (

Arvindkumar Amulkh Tanna, Ahmedabad vs. The ACIT, Central Circle-2 (3), Ahmeadabad

ITA 577/AHD/2020[2015-16]Status: DisposedITAT Ahmedabad31 Jul 2024AY 2015-16

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar

Section 132Section 143(1)Section 143(3)Section 153A

…14/Ahd/2021 to 19/Ahd/2021(by Assessee) ACIT vs. Shri Arvindbhai Amulakh Tanna Asst. Years : 2009-10 to 2015-16 39 Vrindavan Farms (P.) Ltd. in ITA No. 71 of 2015 dated 12-8-2015 and decision of Allahabad Tribunal in case of Anand Prakash Agrawal reported in 6 DTR 191 (All-Trib). 11.2. The Ld.CIT(A) while deleting the addition of Rs.2,37,48,985/- for the A.Y. 2013-14 concluded that the additions are made without there being any related incriminating material found during the course of search. However, the Ld.CIT(A) confirmed the addition of Rs.1,09,52,204/- for the A.Y. 2014- 15 after deducting opening balance…

Nimbus Projects Ltd., New Delhi vs. DCIT, CC-2, Noida

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

ITA 929/DEL/2021[2014-15]Status: DisposedITAT Delhi12 Jan 2022AY 2014-15

Bench: Sh. Amit Shukladr. B. R. R. Kumar(Through Video Conferencing) Ita No. 925/Del/2021 : Asstt. Year : 2010-11 Ita No. 926/Del/2021 : Asstt. Year : 2011-12 Ita No. 927/Del/2021 : Asstt. Year : 2012-13 Ita No. 928/Del/2021 : Asstt. Year : 2013-14 Ita No. 929/Del/2021 : Asstt. Year : 2014-15 Nimbus Project Ltd., Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aaacn0116H Ita No. 923/Del/2021 : Asstt. Year : 2012-13 Nimbus Multi Commodity Brokers Pvt. Vs Dcit, Ltd. (Formerly Nimbus Multi Commodity Central Circle-2, Brokers Ltd.), 1001-1006, Narain Noida Manzil, 23, Barakhamba Road, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacn2195G Ita No. 924/Del/2021 : Asstt. Year : 2012-13 Bipin Agarwal, Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aewpa2901C Assessee By : Sh. Rajiv Khandelwal, Ca Revenue By : Ms. Deepshikha Sharma, Cit Dr Date Of Hearing: 11.11.2021 Date Of Pronouncement: 12.01.2022

For Appellant: Sh. Rajiv Khandelwal, CAFor Respondent: Ms. Deepshikha Sharma, CIT DR
Section 132Section 153Section 153ASection 153DSection 68

…relied on the following case laws:  CIT Vs. Orissa Corporation P. Ltd. 159 ITR 78 (SC)  PCIT-4 vs. Hi-Tech Residency Pvt. Ltd. (96 taxmann.com 403) (SC)  CIT-1 vs. Apex Therm Packaging Pvt. Ltd. (42 taxmann.com 473) (Guj.)  Anand Prakash Agarwal vd. ACIT 6 DTR 191 (All.)  CIT vs. Jauharimal Goel 147 Taxman 448 (All.)  S. Hastimal vs. CIT 49 1TR 273 (Mad.)  Tolaram Daga vs. CIT 59 ITR 632 (Assam)  CIT vs. Daulat Ram Rawatmull 87 ITR 349 (SC)  Sarogi Credit Corpn. vs. CIT 103 ITR 344 (Pat.)  ACIT(Inv.) vs. Shree Ram Hard Coke & Allied Industries 1 MTC 780  ITO vs. M.S. Advance (P.) Ltd. 188 Taxation 181…

Nimbus Projects Ltd., New Delhi vs. DCIT, CC-2, Noida

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

ITA 928/DEL/2021[2013-14]Status: DisposedITAT Delhi12 Jan 2022AY 2013-14

Bench: Sh. Amit Shukladr. B. R. R. Kumar(Through Video Conferencing) Ita No. 925/Del/2021 : Asstt. Year : 2010-11 Ita No. 926/Del/2021 : Asstt. Year : 2011-12 Ita No. 927/Del/2021 : Asstt. Year : 2012-13 Ita No. 928/Del/2021 : Asstt. Year : 2013-14 Ita No. 929/Del/2021 : Asstt. Year : 2014-15 Nimbus Project Ltd., Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aaacn0116H Ita No. 923/Del/2021 : Asstt. Year : 2012-13 Nimbus Multi Commodity Brokers Pvt. Vs Dcit, Ltd. (Formerly Nimbus Multi Commodity Central Circle-2, Brokers Ltd.), 1001-1006, Narain Noida Manzil, 23, Barakhamba Road, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacn2195G Ita No. 924/Del/2021 : Asstt. Year : 2012-13 Bipin Agarwal, Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aewpa2901C Assessee By : Sh. Rajiv Khandelwal, Ca Revenue By : Ms. Deepshikha Sharma, Cit Dr Date Of Hearing: 11.11.2021 Date Of Pronouncement: 12.01.2022

For Appellant: Sh. Rajiv Khandelwal, CAFor Respondent: Ms. Deepshikha Sharma, CIT DR
Section 132Section 153Section 153ASection 153DSection 68

…relied on the following case laws:  CIT Vs. Orissa Corporation P. Ltd. 159 ITR 78 (SC)  PCIT-4 vs. Hi-Tech Residency Pvt. Ltd. (96 taxmann.com 403) (SC)  CIT-1 vs. Apex Therm Packaging Pvt. Ltd. (42 taxmann.com 473) (Guj.)  Anand Prakash Agarwal vd. ACIT 6 DTR 191 (All.)  CIT vs. Jauharimal Goel 147 Taxman 448 (All.)  S. Hastimal vs. CIT 49 1TR 273 (Mad.)  Tolaram Daga vs. CIT 59 ITR 632 (Assam)  CIT vs. Daulat Ram Rawatmull 87 ITR 349 (SC)  Sarogi Credit Corpn. vs. CIT 103 ITR 344 (Pat.)  ACIT(Inv.) vs. Shree Ram Hard Coke & Allied Industries 1 MTC 780  ITO vs. M.S. Advance (P.) Ltd. 188 Taxation 181…

Nimbus Projects Ltd., New Delhi vs. DCIT, CC-2, Noida

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

ITA 927/DEL/2021[2012-13]Status: DisposedITAT Delhi12 Jan 2022AY 2012-13

Bench: Sh. Amit Shukladr. B. R. R. Kumar(Through Video Conferencing) Ita No. 925/Del/2021 : Asstt. Year : 2010-11 Ita No. 926/Del/2021 : Asstt. Year : 2011-12 Ita No. 927/Del/2021 : Asstt. Year : 2012-13 Ita No. 928/Del/2021 : Asstt. Year : 2013-14 Ita No. 929/Del/2021 : Asstt. Year : 2014-15 Nimbus Project Ltd., Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aaacn0116H Ita No. 923/Del/2021 : Asstt. Year : 2012-13 Nimbus Multi Commodity Brokers Pvt. Vs Dcit, Ltd. (Formerly Nimbus Multi Commodity Central Circle-2, Brokers Ltd.), 1001-1006, Narain Noida Manzil, 23, Barakhamba Road, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacn2195G Ita No. 924/Del/2021 : Asstt. Year : 2012-13 Bipin Agarwal, Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aewpa2901C Assessee By : Sh. Rajiv Khandelwal, Ca Revenue By : Ms. Deepshikha Sharma, Cit Dr Date Of Hearing: 11.11.2021 Date Of Pronouncement: 12.01.2022

For Appellant: Sh. Rajiv Khandelwal, CAFor Respondent: Ms. Deepshikha Sharma, CIT DR
Section 132Section 153Section 153ASection 153DSection 68

…relied on the following case laws:  CIT Vs. Orissa Corporation P. Ltd. 159 ITR 78 (SC)  PCIT-4 vs. Hi-Tech Residency Pvt. Ltd. (96 taxmann.com 403) (SC)  CIT-1 vs. Apex Therm Packaging Pvt. Ltd. (42 taxmann.com 473) (Guj.)  Anand Prakash Agarwal vd. ACIT 6 DTR 191 (All.)  CIT vs. Jauharimal Goel 147 Taxman 448 (All.)  S. Hastimal vs. CIT 49 1TR 273 (Mad.)  Tolaram Daga vs. CIT 59 ITR 632 (Assam)  CIT vs. Daulat Ram Rawatmull 87 ITR 349 (SC)  Sarogi Credit Corpn. vs. CIT 103 ITR 344 (Pat.)  ACIT(Inv.) vs. Shree Ram Hard Coke & Allied Industries 1 MTC 780  ITO vs. M.S. Advance (P.) Ltd. 188 Taxation 181…

Nimbus Projects Ltd., New Delhi vs. DCIT, CC-2, Noida

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

ITA 926/DEL/2021[2011-12]Status: DisposedITAT Delhi12 Jan 2022AY 2011-12

Bench: Sh. Amit Shukladr. B. R. R. Kumar(Through Video Conferencing) Ita No. 925/Del/2021 : Asstt. Year : 2010-11 Ita No. 926/Del/2021 : Asstt. Year : 2011-12 Ita No. 927/Del/2021 : Asstt. Year : 2012-13 Ita No. 928/Del/2021 : Asstt. Year : 2013-14 Ita No. 929/Del/2021 : Asstt. Year : 2014-15 Nimbus Project Ltd., Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aaacn0116H Ita No. 923/Del/2021 : Asstt. Year : 2012-13 Nimbus Multi Commodity Brokers Pvt. Vs Dcit, Ltd. (Formerly Nimbus Multi Commodity Central Circle-2, Brokers Ltd.), 1001-1006, Narain Noida Manzil, 23, Barakhamba Road, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacn2195G Ita No. 924/Del/2021 : Asstt. Year : 2012-13 Bipin Agarwal, Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aewpa2901C Assessee By : Sh. Rajiv Khandelwal, Ca Revenue By : Ms. Deepshikha Sharma, Cit Dr Date Of Hearing: 11.11.2021 Date Of Pronouncement: 12.01.2022

For Appellant: Sh. Rajiv Khandelwal, CAFor Respondent: Ms. Deepshikha Sharma, CIT DR
Section 132Section 153Section 153ASection 153DSection 68

…relied on the following case laws:  CIT Vs. Orissa Corporation P. Ltd. 159 ITR 78 (SC)  PCIT-4 vs. Hi-Tech Residency Pvt. Ltd. (96 taxmann.com 403) (SC)  CIT-1 vs. Apex Therm Packaging Pvt. Ltd. (42 taxmann.com 473) (Guj.)  Anand Prakash Agarwal vd. ACIT 6 DTR 191 (All.)  CIT vs. Jauharimal Goel 147 Taxman 448 (All.)  S. Hastimal vs. CIT 49 1TR 273 (Mad.)  Tolaram Daga vs. CIT 59 ITR 632 (Assam)  CIT vs. Daulat Ram Rawatmull 87 ITR 349 (SC)  Sarogi Credit Corpn. vs. CIT 103 ITR 344 (Pat.)  ACIT(Inv.) vs. Shree Ram Hard Coke & Allied Industries 1 MTC 780  ITO vs. M.S. Advance (P.) Ltd. 188 Taxation 181…

Nimbus Projects Ltd., New Delhi vs. DCIT, CC-2, Noida

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

ITA 925/DEL/2021[2010-11]Status: DisposedITAT Delhi12 Jan 2022AY 2010-11

Bench: Sh. Amit Shukladr. B. R. R. Kumar(Through Video Conferencing) Ita No. 925/Del/2021 : Asstt. Year : 2010-11 Ita No. 926/Del/2021 : Asstt. Year : 2011-12 Ita No. 927/Del/2021 : Asstt. Year : 2012-13 Ita No. 928/Del/2021 : Asstt. Year : 2013-14 Ita No. 929/Del/2021 : Asstt. Year : 2014-15 Nimbus Project Ltd., Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aaacn0116H Ita No. 923/Del/2021 : Asstt. Year : 2012-13 Nimbus Multi Commodity Brokers Pvt. Vs Dcit, Ltd. (Formerly Nimbus Multi Commodity Central Circle-2, Brokers Ltd.), 1001-1006, Narain Noida Manzil, 23, Barakhamba Road, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacn2195G Ita No. 924/Del/2021 : Asstt. Year : 2012-13 Bipin Agarwal, Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aewpa2901C Assessee By : Sh. Rajiv Khandelwal, Ca Revenue By : Ms. Deepshikha Sharma, Cit Dr Date Of Hearing: 11.11.2021 Date Of Pronouncement: 12.01.2022

For Appellant: Sh. Rajiv Khandelwal, CAFor Respondent: Ms. Deepshikha Sharma, CIT DR
Section 132Section 153Section 153ASection 153DSection 68

…relied on the following case laws:  CIT Vs. Orissa Corporation P. Ltd. 159 ITR 78 (SC)  PCIT-4 vs. Hi-Tech Residency Pvt. Ltd. (96 taxmann.com 403) (SC)  CIT-1 vs. Apex Therm Packaging Pvt. Ltd. (42 taxmann.com 473) (Guj.)  Anand Prakash Agarwal vd. ACIT 6 DTR 191 (All.)  CIT vs. Jauharimal Goel 147 Taxman 448 (All.)  S. Hastimal vs. CIT 49 1TR 273 (Mad.)  Tolaram Daga vs. CIT 59 ITR 632 (Assam)  CIT vs. Daulat Ram Rawatmull 87 ITR 349 (SC)  Sarogi Credit Corpn. vs. CIT 103 ITR 344 (Pat.)  ACIT(Inv.) vs. Shree Ram Hard Coke & Allied Industries 1 MTC 780  ITO vs. M.S. Advance (P.) Ltd. 188 Taxation 181…

Bipin Agarwal, New Delhi vs. DCIT, CC-2, Noida

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

ITA 924/DEL/2021[2012-13]Status: DisposedITAT Delhi12 Jan 2022AY 2012-13

Bench: Sh. Amit Shukladr. B. R. R. Kumar(Through Video Conferencing) Ita No. 925/Del/2021 : Asstt. Year : 2010-11 Ita No. 926/Del/2021 : Asstt. Year : 2011-12 Ita No. 927/Del/2021 : Asstt. Year : 2012-13 Ita No. 928/Del/2021 : Asstt. Year : 2013-14 Ita No. 929/Del/2021 : Asstt. Year : 2014-15 Nimbus Project Ltd., Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aaacn0116H Ita No. 923/Del/2021 : Asstt. Year : 2012-13 Nimbus Multi Commodity Brokers Pvt. Vs Dcit, Ltd. (Formerly Nimbus Multi Commodity Central Circle-2, Brokers Ltd.), 1001-1006, Narain Noida Manzil, 23, Barakhamba Road, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacn2195G Ita No. 924/Del/2021 : Asstt. Year : 2012-13 Bipin Agarwal, Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aewpa2901C Assessee By : Sh. Rajiv Khandelwal, Ca Revenue By : Ms. Deepshikha Sharma, Cit Dr Date Of Hearing: 11.11.2021 Date Of Pronouncement: 12.01.2022

For Appellant: Sh. Rajiv Khandelwal, CAFor Respondent: Ms. Deepshikha Sharma, CIT DR
Section 132Section 153Section 153ASection 153DSection 68

…relied on the following case laws:  CIT Vs. Orissa Corporation P. Ltd. 159 ITR 78 (SC)  PCIT-4 vs. Hi-Tech Residency Pvt. Ltd. (96 taxmann.com 403) (SC)  CIT-1 vs. Apex Therm Packaging Pvt. Ltd. (42 taxmann.com 473) (Guj.)  Anand Prakash Agarwal vd. ACIT 6 DTR 191 (All.)  CIT vs. Jauharimal Goel 147 Taxman 448 (All.)  S. Hastimal vs. CIT 49 1TR 273 (Mad.)  Tolaram Daga vs. CIT 59 ITR 632 (Assam)  CIT vs. Daulat Ram Rawatmull 87 ITR 349 (SC)  Sarogi Credit Corpn. vs. CIT 103 ITR 344 (Pat.)  ACIT(Inv.) vs. Shree Ram Hard Coke & Allied Industries 1 MTC 780  ITO vs. M.S. Advance (P.) Ltd. 188 Taxation 181…

Nimbus Multicommodity Brokers Pvt. Ltd.(Formerly Nimbus Multicommodity Brokers Ltd.), New Delhi vs. DCIT, CC-2, Noida

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

ITA 923/DEL/2021[2012-13]Status: DisposedITAT Delhi12 Jan 2022AY 2012-13

Bench: Sh. Amit Shukladr. B. R. R. Kumar(Through Video Conferencing) Ita No. 925/Del/2021 : Asstt. Year : 2010-11 Ita No. 926/Del/2021 : Asstt. Year : 2011-12 Ita No. 927/Del/2021 : Asstt. Year : 2012-13 Ita No. 928/Del/2021 : Asstt. Year : 2013-14 Ita No. 929/Del/2021 : Asstt. Year : 2014-15 Nimbus Project Ltd., Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aaacn0116H Ita No. 923/Del/2021 : Asstt. Year : 2012-13 Nimbus Multi Commodity Brokers Pvt. Vs Dcit, Ltd. (Formerly Nimbus Multi Commodity Central Circle-2, Brokers Ltd.), 1001-1006, Narain Noida Manzil, 23, Barakhamba Road, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacn2195G Ita No. 924/Del/2021 : Asstt. Year : 2012-13 Bipin Agarwal, Vs Dcit, 1001-1006, Narain Manzil, 23, Central Circle-2, Barakhamba Road, New Delhi-110001 Noida (Appellant) (Respondent) Pan No. Aewpa2901C Assessee By : Sh. Rajiv Khandelwal, Ca Revenue By : Ms. Deepshikha Sharma, Cit Dr Date Of Hearing: 11.11.2021 Date Of Pronouncement: 12.01.2022

For Appellant: Sh. Rajiv Khandelwal, CAFor Respondent: Ms. Deepshikha Sharma, CIT DR
Section 132Section 153Section 153ASection 153DSection 68

…relied on the following case laws:  CIT Vs. Orissa Corporation P. Ltd. 159 ITR 78 (SC)  PCIT-4 vs. Hi-Tech Residency Pvt. Ltd. (96 taxmann.com 403) (SC)  CIT-1 vs. Apex Therm Packaging Pvt. Ltd. (42 taxmann.com 473) (Guj.)  Anand Prakash Agarwal vd. ACIT 6 DTR 191 (All.)  CIT vs. Jauharimal Goel 147 Taxman 448 (All.)  S. Hastimal vs. CIT 49 1TR 273 (Mad.)  Tolaram Daga vs. CIT 59 ITR 632 (Assam)  CIT vs. Daulat Ram Rawatmull 87 ITR 349 (SC)  Sarogi Credit Corpn. vs. CIT 103 ITR 344 (Pat.)  ACIT(Inv.) vs. Shree Ram Hard Coke & Allied Industries 1 MTC 780  ITO vs. M.S. Advance (P.) Ltd. 188 Taxation 181…

Deputy Commissioner of Income Tax 15(1)(1), Mumbai vs. Almega Paints Private Limited, Mumbai

In the result, appeal filed by the revenue for assessment year 2013-

ITA 6267/MUM/2017[2013-14]Status: DisposedITAT Mumbai06 Nov 2020AY 2013-14

Bench: Shri Rajesh Kumar (Am) & Shri Ram Lal Negi (Jm) Assessment Year: 2013-14 The Dy. Commissioner Of Income M/S Almega Paints Pvt. Ltd., Tax - 15(1)(1), B-24, Minerva Industrial Room No. 470, 4Th Floor, Estate, Off P.K. Road, Aayakar Bhavan, Vs. Mulund (W), Maharshi Karve Road, Mumbai - 400080 Mumbai - 400020 Pan: Aahca3698N (Appellant) (Respondent)

For Appellant: Shri Satish Mody (AR)For Respondent: Shri Michael Jerald (DR)
Section 143Section 68

…f the present case, therefore not applicable to the present case. The Ld. counsel relied upon the following judgments/ orders of the Hon’ble Supreme Court, various High Courts and various Benches of the Tribunal: (i) Anand Prakash Agarwal v. Asstt. CIT [2008] 6 DTR 191 (All.) (ii) CIT v. Jauharimal Goel [ 2005] 147 Taxman 448 (All.) (iii) S. Hastimal v. CIT [ 1963] 49 ITR 273 (Mad.) (iv) Tolaram Daga v. CIT [1996] 59 ITR 632 (Assam) (v) CIT v. Daulat Ram Rawatmull [ 1973] 87 ITR 349 (SC) (vi) Sarogi Credit Corpn. V. CIT [ 1976] 103 ITR 344 (Pat.) (vii) CIT v. Orissa Corpn. (P) Ltd. [ 1986] 159 ITR 78/25 Taxman 80…

CIT-1 v. Apex Therm Packaging Pvt. Ltd. ( (6 DTR 191) — Cited in 9 Judgments | BharatTax