CIT &Ors. v. Saravana Constructions (P.) Ltd.

DCIT-CC-8(2), MUMBAI, MUMBAI vs. PAMSTAR EXPORTS, MUMBAI

In the result, all the appeals of Revenue are dismissed

Bench: Shri Amarjit Singh, Hon’Ble & Shri Rahul Chaudhary, Hon’Ble

…IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH ‘C’, MUMBAI BEFORE SHRI AMARJIT SINGH, HON’BLE ACCOUNTANT MEMBER AND SHRI RAHUL CHAUDHARY, HON’BLE JUDICIAL MEMBER ITA Nos.3687 to 3694/Mum/2024 Assessment Year: 2007-08 to 2014-15 DCIT, CC-8(2), Mumbai Pamstar Exports DC 5101-102 Bharat Diamond vs Bourse, Bandra Kurla Complex, Bandra East, Mumbai-400051. PAN: ASEFP 4255 A (Appellant) (Respondent) Present for: Assessee by : Mr. Suchek Anchaliya Revenue by : Shri H.M. Bhatt (Sr. DR) Date of Hearing : 03.09.2024 Date of Pronouncement : 06.11.2024 O R D E R PER BENCH: All these eight appeals filed by the re…

DCIT-CC-8(2), MUMBAI , MUMBAI vs. PAMSTAR EXPORTS, MUMBAI

In the result, all the appeals of Revenue are dismissed

Bench: Shri Amarjit Singh, Hon’Ble & Shri Rahul Chaudhary, Hon’Ble

…IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH ‘C’, MUMBAI BEFORE SHRI AMARJIT SINGH, HON’BLE ACCOUNTANT MEMBER AND SHRI RAHUL CHAUDHARY, HON’BLE JUDICIAL MEMBER ITA Nos.3687 to 3694/Mum/2024 Assessment Year: 2007-08 to 2014-15 DCIT, CC-8(2), Mumbai Pamstar Exports DC 5101-102 Bharat Diamond vs Bourse, Bandra Kurla Complex, Bandra East, Mumbai-400051. PAN: ASEFP 4255 A (Appellant) (Respondent) Present for: Assessee by : Mr. Suchek Anchaliya Revenue by : Shri H.M. Bhatt (Sr. DR) Date of Hearing : 03.09.2024 Date of Pronouncement : 06.11.2024 O R D E R PER BENCH: All these eight appeals filed by the re…

DCIT-CC-8(2), MUMBAI, MUMBAI vs. PAMSTAR EXPORTS, MUMBAI

In the result, all the appeals of Revenue are dismissed

Bench: Shri Amarjit Singh, Hon’Ble & Shri Rahul Chaudhary, Hon’Ble

…IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH ‘C’, MUMBAI BEFORE SHRI AMARJIT SINGH, HON’BLE ACCOUNTANT MEMBER AND SHRI RAHUL CHAUDHARY, HON’BLE JUDICIAL MEMBER ITA Nos.3687 to 3694/Mum/2024 Assessment Year: 2007-08 to 2014-15 DCIT, CC-8(2), Mumbai Pamstar Exports DC 5101-102 Bharat Diamond vs Bourse, Bandra Kurla Complex, Bandra East, Mumbai-400051. PAN: ASEFP 4255 A (Appellant) (Respondent) Present for: Assessee by : Mr. Suchek Anchaliya Revenue by : Shri H.M. Bhatt (Sr. DR) Date of Hearing : 03.09.2024 Date of Pronouncement : 06.11.2024 O R D E R PER BENCH: All these eight appeals filed by the re…

DCIT-CC-8(2), MUMBAI, MUMBAI vs. PAMSTAR EXPORTS, MUMBAI

In the result, all the appeals of Revenue are dismissed

Bench: Shri Amarjit Singh, Hon’Ble & Shri Rahul Chaudhary, Hon’Ble

…IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH ‘C’, MUMBAI BEFORE SHRI AMARJIT SINGH, HON’BLE ACCOUNTANT MEMBER AND SHRI RAHUL CHAUDHARY, HON’BLE JUDICIAL MEMBER ITA Nos.3687 to 3694/Mum/2024 Assessment Year: 2007-08 to 2014-15 DCIT, CC-8(2), Mumbai Pamstar Exports DC 5101-102 Bharat Diamond vs Bourse, Bandra Kurla Complex, Bandra East, Mumbai-400051. PAN: ASEFP 4255 A (Appellant) (Respondent) Present for: Assessee by : Mr. Suchek Anchaliya Revenue by : Shri H.M. Bhatt (Sr. DR) Date of Hearing : 03.09.2024 Date of Pronouncement : 06.11.2024 O R D E R PER BENCH: All these eight appeals filed by the re…

DCIT-CC-8(2), MUMBAI, MUMBAI vs. PAMSTAR EXPORTS, MUMBAI

In the result, all the appeals of Revenue are dismissed

Bench: Shri Amarjit Singh, Hon’Ble & Shri Rahul Chaudhary, Hon’Ble

…IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH ‘C’, MUMBAI BEFORE SHRI AMARJIT SINGH, HON’BLE ACCOUNTANT MEMBER AND SHRI RAHUL CHAUDHARY, HON’BLE JUDICIAL MEMBER ITA Nos.3687 to 3694/Mum/2024 Assessment Year: 2007-08 to 2014-15 DCIT, CC-8(2), Mumbai Pamstar Exports DC 5101-102 Bharat Diamond vs Bourse, Bandra Kurla Complex, Bandra East, Mumbai-400051. PAN: ASEFP 4255 A (Appellant) (Respondent) Present for: Assessee by : Mr. Suchek Anchaliya Revenue by : Shri H.M. Bhatt (Sr. DR) Date of Hearing : 03.09.2024 Date of Pronouncement : 06.11.2024 O R D E R PER BENCH: All these eight appeals filed by the re…

DCIT-CC-8(2), MUMBAI, MUMBAI vs. PAMSTAR EXPORTS, MUMBAI

In the result, all the appeals of Revenue are dismissed

Bench: Shri Amarjit Singh, Hon’Ble & Shri Rahul Chaudhary, Hon’Ble

…IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH ‘C’, MUMBAI BEFORE SHRI AMARJIT SINGH, HON’BLE ACCOUNTANT MEMBER AND SHRI RAHUL CHAUDHARY, HON’BLE JUDICIAL MEMBER ITA Nos.3687 to 3694/Mum/2024 Assessment Year: 2007-08 to 2014-15 DCIT, CC-8(2), Mumbai Pamstar Exports DC 5101-102 Bharat Diamond vs Bourse, Bandra Kurla Complex, Bandra East, Mumbai-400051. PAN: ASEFP 4255 A (Appellant) (Respondent) Present for: Assessee by : Mr. Suchek Anchaliya Revenue by : Shri H.M. Bhatt (Sr. DR) Date of Hearing : 03.09.2024 Date of Pronouncement : 06.11.2024 O R D E R PER BENCH: All these eight appeals filed by the re…

DCIT-CC-8(2), MUMBAI, MUMBAI vs. PAMSTAR EXPORTS, MUMBAI

In the result, all the appeals of Revenue are dismissed

Bench: Shri Amarjit Singh, Hon’Ble & Shri Rahul Chaudhary, Hon’Ble

…IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH ‘C’, MUMBAI BEFORE SHRI AMARJIT SINGH, HON’BLE ACCOUNTANT MEMBER AND SHRI RAHUL CHAUDHARY, HON’BLE JUDICIAL MEMBER ITA Nos.3687 to 3694/Mum/2024 Assessment Year: 2007-08 to 2014-15 DCIT, CC-8(2), Mumbai Pamstar Exports DC 5101-102 Bharat Diamond vs Bourse, Bandra Kurla Complex, Bandra East, Mumbai-400051. PAN: ASEFP 4255 A (Appellant) (Respondent) Present for: Assessee by : Mr. Suchek Anchaliya Revenue by : Shri H.M. Bhatt (Sr. DR) Date of Hearing : 03.09.2024 Date of Pronouncement : 06.11.2024 O R D E R PER BENCH: All these eight appeals filed by the re…

DCIT-CC-(2), MUMBAI, MUMBAI vs. PAMSTAR EXPORTS, MUMBAI

In the result, all the appeals of Revenue are dismissed

Bench: Shri Amarjit Singh, Hon’Ble & Shri Rahul Chaudhary, Hon’Ble

…IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH ‘C’, MUMBAI BEFORE SHRI AMARJIT SINGH, HON’BLE ACCOUNTANT MEMBER AND SHRI RAHUL CHAUDHARY, HON’BLE JUDICIAL MEMBER ITA Nos.3687 to 3694/Mum/2024 Assessment Year: 2007-08 to 2014-15 DCIT, CC-8(2), Mumbai Pamstar Exports DC 5101-102 Bharat Diamond vs Bourse, Bandra Kurla Complex, Bandra East, Mumbai-400051. PAN: ASEFP 4255 A (Appellant) (Respondent) Present for: Assessee by : Mr. Suchek Anchaliya Revenue by : Shri H.M. Bhatt (Sr. DR) Date of Hearing : 03.09.2024 Date of Pronouncement : 06.11.2024 O R D E R PER BENCH: All these eight appeals filed by the re…

M/S ALIMAAN CHARITABLE TRUST,MUMBAI vs. CIT ( EXEMPTION), MUMBAI

Bench: Shri Manoj Kumar Aggarwal () & Shri Ravish Sood () Ita No.1689 /Mum/2020 (Assessment Year: 2015-16) M/S Alimaan Charitable Commissioner Of Income Trust, 206, Rewa Chambers, Vs. Tax (Exemptions),R. No. New Marine Lines, 617, 6Th Floor, Piramal Mumbai – 400 020 Chambers, Lal Baug,Parel,Mumbai – 400 012 Pan No. Aaata2536P (Assessee ) (Revenue) Assessee By : Shri Firojandhyaruzina, Senior Advocate Revenue By : Shri Rajeev Harit, Cit D.R Date Of Hearing: 28/05/2021 Date Of Pronouncement: 21/06/2021

…ITA No. 1689/Mum/2020 A.Y. 2015-16 1 M/s Alimaan Charitable Trust Vs. Commissioner of Income Tax (Exemptions) IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “A” MUMBAI BEFORE SHRI MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) AND SHRI RAVISH SOOD (JUDICIAL MEMBER) ITA No.1689 /MUM/2020 (Assessment Year: 2015-16) M/s Alimaan Charitable Commissioner of Income Trust, 206, Rewa Chambers, Vs. Tax (Exemptions),R. No. New Marine Lines, 617, 6th Floor, Piramal Mumbai – 400 020 Chambers, Lal Baug,Parel,Mumbai – 400 012 PAN No. AAATA2536P (Assessee ) (Revenue) Assessee by : Shri FirojAndhyaruzina, Senior Advocate Reven…

ITO 5 (2)(2), MUMBAI vs. M/S KARTEEK FERROMET PVT. LTD., MUMBAI

In the result, appeals of the Revenue are dismissed

Bench: Shri C.N. Prasad, Hon'Ble & Shri N.K. Pradhan, Hon'Ble

…IN THE INCOME TAX APPELLATE TRIBUNAL (VIRTUAL COURT) “SMC” BENCH, MUMBAI BEFORE SHRI C.N. PRASAD, HON'BLE JUDICIAL MEMBER AND SHRI N.K. PRADHAN, HON'BLE ACCOUNTANT MEMBER ITA NO. 1460 & 1461/MUM/2019 (A.Y. 2011-12 & A.Y. 2009-10) Income Tax Officer – 5(2)(2) v. M/s. Karteek Ferromet Pvt. Ltd., Room No. 567, 5th Floor 2nd Floor, Plot No. 162 Aayakar Bhavan, M.K. Road Fanjawala Building Mumbai – 400020 M.G. Mahimtura Marg Kumbharwada, Giarguaum Mumbai - 400004 PAN: AADCK4241K (Appellant) (Respondent) None Assessee by : Department by Ms. Smita Verma Date of Hearing : 12.01.2021 Date of Pronouncement : 12.01.2021 O…

ITO 5 (2)(2), MUMBAI vs. M/S KARTEEK FERROMET PVT. LTD., MUMBAI

In the result, appeals of the Revenue are dismissed

Bench: Shri C.N. Prasad, Hon'Ble & Shri N.K. Pradhan, Hon'Ble

…IN THE INCOME TAX APPELLATE TRIBUNAL (VIRTUAL COURT) “SMC” BENCH, MUMBAI BEFORE SHRI C.N. PRASAD, HON'BLE JUDICIAL MEMBER AND SHRI N.K. PRADHAN, HON'BLE ACCOUNTANT MEMBER ITA NO. 1460 & 1461/MUM/2019 (A.Y. 2011-12 & A.Y. 2009-10) Income Tax Officer – 5(2)(2) v. M/s. Karteek Ferromet Pvt. Ltd., Room No. 567, 5th Floor 2nd Floor, Plot No. 162 Aayakar Bhavan, M.K. Road Fanjawala Building Mumbai – 400020 M.G. Mahimtura Marg Kumbharwada, Giarguaum Mumbai - 400004 PAN: AADCK4241K (Appellant) (Respondent) None Assessee by : Department by Ms. Smita Verma Date of Hearing : 12.01.2021 Date of Pronouncement : 12.01.2021 O…

ITO 31(3)(1), MUMBAI vs. SH. RAMAVADH RAMDHARI YADAV, MUMBAI

In the result, appeal of the Revenue is dismissed

Bench: Shri C.N. Prasad, Hon'Bleincome Tax Officer – 31(3)(1) V. Shri Ramavadh Ramdhari Yadav 307, 3Rd Floor Pratyakshakar Bhavan, C-13 Room No. 408, 4Th Floor Shiv Sagar Industrial Estate Bandra Kurla Complex Kotkar Road, Goregoan (E) Bandra (E), Mumbai - 400 051 Mumbai - 400063

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “SMC”, MUMBAI BEFORE SHRI C.N. PRASAD, HON'BLE JUDICIAL MEMBER Income Tax Officer – 31(3)(1) v. Shri Ramavadh Ramdhari Yadav 307, 3rd Floor Pratyakshakar Bhavan, C-13 Room No. 408, 4th Floor Shiv Sagar Industrial Estate Bandra Kurla Complex Kotkar Road, Goregoan (E) Bandra (E), Mumbai - 400 051 Mumbai - 400063 PAN: AAAPY2044G (Appellant) (Respondent) Assessee by : None Department by : Amrita Singh Date of Hearing : 20.10.2020 Date of Pronouncement : 23.10.2020 O R D E R PER C.N. PRASAD (JM) 1. This appeal is filed by the Revenue against the order of the Learn…

ITO - 31 (2)(4), MUMBAI vs. NARENDRA R. BOHRA, MUMBAI

In the result, appeals filed by the Revenue are dismissed

Bench: Shri C.N. Prasad, Hon'Ble & Shri Manoj Kumar Aggarwal, Hon'Bleincome Tax Officer- 31(2)(4) V. Shri Narendra R. Bohra 105, C-13, Pratyakshakar Bhavan Prop. M/S. Veena Industries Bandra Kurla Complex 203, 2Nd Floor, Amar Business Centre Ram Mandir Road, Goregaon (W) Bandra (E), Mumbai - 400 051 Mumbai – 400 014 Pan: Aaapb7696M (Appellant) (Respondent) Assessee By : Shri Suresh Patni

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “SMC”, MUMBAI BEFORE SHRI C.N. PRASAD, HON'BLE JUDICIAL MEMBER AND SHRI MANOJ KUMAR AGGARWAL, HON'BLE ACCOUNTANT MEMBER Income Tax Officer- 31(2)(4) v. Shri Narendra R. Bohra 105, C-13, Pratyakshakar Bhavan Prop. M/s. Veena Industries Bandra Kurla Complex 203, 2nd Floor, Amar Business Centre Ram Mandir Road, Goregaon (W) Bandra (E), Mumbai - 400 051 Mumbai – 400 014 PAN: AAAPB7696M (Appellant) (Respondent) Assessee by : Shri Suresh Patni Department by : Shri R. Bhoopathi Date of Hearing : 05.12.2019 Date of Pronouncement : 05.12.2019 O R D E R PER C.N. PRASAD (…

ITO 17 (3)(1), MUMBAI vs. RAVI R. AGARWAL , MUMBAI

In the result, the appeal is Partly Allowed”

Bench: Shri C.N. Prasad, Hon'Ble & Shri Rajesh Kumar, Hon'Bleincome Tax Officer – 17(3)(1) V. Shri Ravi R. Agarwal Room No. 114, 1St Floor 502, Appejay House Aayakar Bhavan, M.K. Road Bombay Samachar Marg Mumbai – 400 020 Fort, Mumbai – 400 023 Pan: Aajpa0019N (Appellant) (Respondent) Assessee By : Shri Anil Bhomawat Department By : Shri R. Bhoopathi

…and existing entity/concern or merely a bogus name, is a question of fact and it cannot be reduced to a rule of law. ............ 5. The application is, accordingly, dismissed. 6 Shri Ravi R. Agarwal III. CIT & ORS. VS. SARAVANA CONSTRUCTIONS (P) Ltd (2012) 72 DTR 258 (KAR) EXTRACTS: 9. The material on record discloses that the Tribunal has taken note of the particulars of the loan creditors for the assessment years 1998-99 to 2003-04 furnished in a paper book in the course of hearing along with the copies of ledger accounts, copies of bank statements of Lord Krishna Bank, 'ING Vysya Bank Limited, the Lakshmi V…