CIT- IV v. Shree Rama Multi Tech Ltd.

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Judgments citing CIT- IV v. Shree Rama Multi Tech Ltd.

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3, THANE vs. SONAM BUILDERS, MUMBAI

In the result appeal filed by the revenue is hereby dismissed

ITA 2926/MUM/2019[2013-14]Status: DisposedITAT Mumbai21 Apr 2021AY 2013-14

Bench: Shri Shamim Yahya & Shri Amarjit Singhआयकर अपील सं/ I.T.A. No.2926/Mum/2019 (निर्धारण वर्ा / Assessment Year: 2013-14) बिधम/ Dcit, Cc-3 M/S. Sonam Builders Shanti Niwas, 1St Floor Room No.10, A-Wing, Vs. 6Th Floor, Ashar I.T.Park New Golden Road No.16-Z, Wagle Nest Phase Xiii, 100 Industrial Estate, Thane(W) Ft.Road, Opp. Hanuman Mandir, Bhayander(E), Dist.Thane-401 105 स्थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aacfs3498J (अपीलाथी /Appellant) .. (प्रत्यथी / Respondent) Revenue By: Shri Purushottam Tripuri,Cit-Dr Assessee By: Shri Vimal Punmiya, Ar सुनवाई की तारीख / Date Of Hearing: 23/02/2021 घोषणा की तारीख /Date Of Pronouncement: 21/04/2021 आदेश / O R D E R Per Amarjit Singh, Jm: The Revenue Has Filed The Present Appeal Against The Order Dated 28/02/2019 Passed By The Commissioner Of Income Tax (Appeals) -11, Mumbai [Hereinafter Referred To As The “Cit(A)”] Relevant To The A.Y.2013- 14. 2. The Revenue Has Raised The Following Grounds: - 1. "On The Facts & Circumstances Of The Case & In Law Cit(A) Erred In Deleting The Addition Of Rs.8,17,50/- Made On Account Of Unaccounted Sales Of Car Parking Area, Not Included In The Sale Of Agreements Of The Flats. A.Y.2013-14 Ii) On The Facts & Circumstances Of The Case & In Law Cit(A) Erred In Deleting The Addition Of Rs.,50,000/- Made On Account Of Unaccounted Income On F.S.I Sale, Without Appreciating The Fact, That The Assessee Has Failed To Prove, The Sale Consideration Mentioned In The Seized Unsigned Agreement Is Not True.

For Appellant: Shri Vimal Punmiya, ARFor Respondent: Shri Purushottam Tripuri,CIT-DR
Section 132Section 143(3)Section 145Section 80GSection 80I

…IN THE INCOME TAX APPELLATE TRIBUNAL “G” BENCH, MUMBAI BEFORE SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER AND SHRI AMARJIT SINGH, JUDICIAL MEMBER आयकर अपील सं/ I.T.A. No.2926/Mum/2019 (निर्धारण वर्ा / Assessment Year: 2013-14) बिधम/ DCIT, CC-3 M/s. Sonam Builders Shanti Niwas, 1st Floor Room No.10, A-Wing, Vs. 6th Floor, Ashar I.T.Park New Golden Road No.16-Z, Wagle Nest Phase XIII, 100 Industrial Estate, Thane(W) Ft.Road, Opp. Hanuman Mandir, Bhayander(E), Dist.Thane-401 105 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AACFS3498J (अपीलाथी /Appellant) .. (प्रत्यथी / Respondent) Revenue by: Shri Purushottam Tripuri,CIT-DR A…