CIT v. ICICI Prudential Insurance Co. Ltd.

73 Taxmann.com 201High Court2016#7134 most cited

What is CIT v. ICICI Prudential Insurance Co. Ltd. authority for?

The income earned on the shareholders' account in a life insurance business is to be considered as arising out of the life insurance business and not as income from other sources, especially when it is arrived at by combining surplus from both shareholders' and policyholders' accounts.

16

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2017 to 2024.

Also referred to as

CIT v. ICICI Prudential Insurance Co. Ltd. · income from life insurance business · shareholders account · policyholders account · income from other sources · Section 44 of the Act · Bombay High Court · res integra

Also reported as

242 Taxmann 159

Sections most often in play

Section 1938Section 10(15)Section 10(23AAB)Section 10(34)Section 11 of Insurance ActSection 115BSection 13 of Insurance ActSection 143(3)

Issues it is cited on

section 10(15)section 10(34)section 199interest on securitiesdomestic companyprofits and gains of business or professionrule of consistencysection 44section 28disallowance u/s 14asection 14aincome from other sources

Judgments citing CIT v. ICICI Prudential Insurance Co. Ltd.

DCIT, Mumbai vs. Icici Prudential Life Insurance Limited, Mumbai

ITA 3003/MUM/2024[2021-22]Status: DisposedITAT Mumbai04 Dec 2024AY 2021-22
For Appellant: Ms. Arati VissanjiFor Respondent: Ms. Madhu Malati Ghosh
Section 10Section 10(15)Section 10(34)Section 143(3)Section 144BSection 14ASection 28Section 44

…IN THE INCOME TAX APPELLATE TRIBUNAL "C" BENCH, MUMBAI SHRI AMARJIT SINGH, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY, JUDICIAL MEMBER ITA No. 2384/MUM/2024 (Assessment Year: 2020-21) ITA No.3003/MUM/2024 (Assessment Year: 2021-22) Deputy Commissioner of Income Tax, Central Circle 6(2), Mumbai Room No.450, 4th Floor, Kautiliya Bhawan, BKC, Mumbai – 400051, Maharashtra. Appellant Vs ICICI Prudential Life Insurance Limited ICICI Prulife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai- 400025, Maharashtra. [PAN: AAAC1735IP] Respondent Appearance For the Appellant/Department : Ms. Madhu Malati Ghosh For the Resp…

Deputy Commissioner of Income Tax, Central Circle 6(2), Mumbai. vs. Icici Prudential Life Insurance Limited, Mumbai

ITA 2384/MUM/2024[2020-21]Status: DisposedITAT Mumbai04 Dec 2024AY 2020-21
Section 10Section 10(15)Section 10(34)Section 143(3)Section 144BSection 14ASection 28Section 44

…IN THE INCOME TAX APPELLATE TRIBUNAL "C" BENCH, MUMBAI SHRI AMARJIT SINGH, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY, JUDICIAL MEMBER ITA No. 2384/MUM/2024 (Assessment Year: 2020-21) ITA No.3003/MUM/2024 (Assessment Year: 2021-22) Deputy Commissioner of Income Tax, Central Circle 6(2), Mumbai Appellant Vs ICICI Prudential Life Insurance Limited Respondent Appearance For the Appellant/Department Ms. Madhu Malati Ghosh For the Respondent/Assessee Ms. Arati Vissanji Date Conclusion of hearing 05.09.2024 Pronouncement of order .12.2024 ORDER Per Rahul Chaudhary, Judicial Member: 1. These are two appeals preferred by the…

DCIT, Pune vs. Bajaj Allianz Life Insurance Company Limited, Pune

In the result, both the appeals filed by the Revenue are dismissed

ITA 654/PUN/2024[2018-19]Status: DisposedITAT Pune29 Oct 2024AY 2018-19

Bench: Shri R. K. Panda & Ms Astha Chandra

For Appellant: Shri Percy Pardiwalla &For Respondent: Shri P R Mane
Section 10(15)Section 10(34)Section 143(1)Section 143(2)Section 14ASection 44

…IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH “A”, PUNE BEFORE SHRI R. K. PANDA, VICE PRESIDENT AND MS ASTHA CHANDRA, JUDICIAL MEMBER ITA Nos.653 & 654/PUN/2024 Assessment Years : 2016-17 & 2018-19 DCIT, Pune Bajaj Allianz Life Insurance Company Ltd. Vs. Bajaj Allianz House, Airport Road, Yarvada, Pune – 411006 PAN: AADCA1701E (Appellant) (Respondent) Assessee by : Shri Percy Pardiwalla & Ms. Vasanti B Patel (through virtual) Department by : Shri P R Mane Date of hearing : 18-09-2024 Date of pronouncement : 29-10-2024 O R D E R PER R.K. PANDA, VP : The above two appeals filed by the Revenue are directed ag…

DCIT, Pune vs. Bajaj Allianz Life Insurance Company Limited, Pune

In the result, both the appeals filed by the Revenue are dismissed

ITA 653/PUN/2024[2016-17]Status: DisposedITAT Pune29 Oct 2024AY 2016-17

Bench: Shri R. K. Panda & Ms Astha Chandra

For Appellant: Shri Percy Pardiwalla &For Respondent: Shri P R Mane
Section 10(15)Section 10(34)Section 143(1)Section 143(2)Section 14ASection 44

…IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH “A”, PUNE BEFORE SHRI R. K. PANDA, VICE PRESIDENT AND MS ASTHA CHANDRA, JUDICIAL MEMBER ITA Nos.653 & 654/PUN/2024 Assessment Years : 2016-17 & 2018-19 DCIT, Pune Bajaj Allianz Life Insurance Company Ltd. Vs. Bajaj Allianz House, Airport Road, Yarvada, Pune – 411006 PAN: AADCA1701E (Appellant) (Respondent) Assessee by : Shri Percy Pardiwalla & Ms. Vasanti B Patel (through virtual) Department by : Shri P R Mane Date of hearing : 18-09-2024 Date of pronouncement : 29-10-2024 O R D E R PER R.K. PANDA, VP : The above two appeals filed by the Revenue are directed ag…

DCIT-1(3)(1), Mumbai vs. M/S Future Generali India Life Insurance Co. Ltd, Mumbai

In the result, appeal of the Revenue is dismissed

ITA 1695/MUM/2023[2018-2019]Status: DisposedITAT Mumbai24 Jul 2023AY 2018-2019
Section 10Section 143(3)Section 44

…IN THE INCOME TAX APPELLATE TRIBUNAL, ‘F‘ BENCH MUMBAI BEFORE: SHRI AMIT SHUKLA, JUDICIAL MEMBER & SHRI AMARJIT SINGH, ACCOUNTANT MEMBER DCIT-1(3)(1) Vs. M/s. Future Generali Room No.535 India Life Insurance 5th Floor Co. Ltd. Aayakar Bhavan Unit No.801-802, Tower M.K.Road C-247, Embassy Park Mumbai-400020 LBS Marg, Vikhroli (W) Tagore Nagar, S.O. Mumbai-400 083 PAN/GIR No.AABCF0190Q (Appellant) .. (Respondent) Assessee by Ms. Dinkle Hariya Revenue by Ms. Zeenia Handa Date of Hearing 19/07/2023 Date of Pronouncement 24/07/2023 आदेश / O R D E R PER AMIT SHUKLA (J.M): The aforesaid appeal has been filed by th…

Tata Aig Life Insurance Company Ltd, Mumbai vs. CIT 2, Mumbai

In the result, the appeals of the assessee are allowed

ITA 3557/MUM/2012[2004-05]Status: DisposedITAT Mumbai30 Jun 2023AY 2004-05

Bench: Shri Kuldip Singh () & Ms. Padmavathy S. ()

Section 143(3)Section 147Section 148Section 2Section 263Section 44

…1 ITA 3556/Mum/2012 Tata AIG Insurance Company Limited IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “J”, MUMBAI BEFORE SHRI KULDIP SINGH (JUDICIAL MEMBER) AND MS. PADMAVATHY S. (ACCOUNTANT MEMBER) I.T.A. No.3556 & 3557/Mum/2012 (Assessment years : 2003-04 & 2004-05) TATA AIG LIFE INSURANCE vs COMMISSIONER OF INCOME COMPANY LIMITED, 2nd FLOOR, TAX-2, ROOM NO.355, 3RD DELPHI-B WING, ORCHARD FLOOR, AAYAKAR BHAVAN AVENUE, HIRANANDANI M.K. ROAD, MUMABI-400 020 BUSINESS PARK, POWAI, ANDHERI (EAST), MUMBAI-400 076 PAN :AABCT3784C APPELLANT RESPONDENT Assessee represented by Shri Percy Pardiwala, Shri Hiten Chande…

Tata Aig Life Insurance Company Ltd, Mumbai vs. CIT 2, Mumbai

In the result, the appeals of the assessee are allowed

ITA 3556/MUM/2012[2003-04]Status: DisposedITAT Mumbai30 Jun 2023AY 2003-04

Bench: Shri Kuldip Singh () & Ms. Padmavathy S. ()

Section 143(3)Section 147Section 148Section 2Section 263Section 44

…1 ITA 3556/Mum/2012 Tata AIG Insurance Company Limited IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “J”, MUMBAI BEFORE SHRI KULDIP SINGH (JUDICIAL MEMBER) AND MS. PADMAVATHY S. (ACCOUNTANT MEMBER) I.T.A. No.3556 & 3557/Mum/2012 (Assessment years : 2003-04 & 2004-05) TATA AIG LIFE INSURANCE vs COMMISSIONER OF INCOME COMPANY LIMITED, 2nd FLOOR, TAX-2, ROOM NO.355, 3RD DELPHI-B WING, ORCHARD FLOOR, AAYAKAR BHAVAN AVENUE, HIRANANDANI M.K. ROAD, MUMABI-400 020 BUSINESS PARK, POWAI, ANDHERI (EAST), MUMBAI-400 076 PAN :AABCT3784C APPELLANT RESPONDENT Assessee represented by Shri Percy Pardiwala, Shri Hiten Chande…

DCIT, CC 1(1), Mumbai vs. Edelweiss Tokio Life Insurance Ltd., Mumbai

In the result appeal for AY 2014-15 filed by ld

ITA 2050/MUM/2022[2018-19]Status: DisposedITAT Mumbai31 Oct 2022AY 2018-19

Bench: Shri Prashant Maharishi, Am & Shri Pavan Kumar Gadale, Jm Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratishtha Bhavan, Old C.G.O. Bldg.,(Annexe0, Edelweiss House Off Cst Vs. M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Edelweiss House Off Cst Bldg., (Annexe0, M.K.Road, Vs. Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Bldg., (Annexe0, Vs. Edelweiss House Off Cst M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) 3 Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Pan No. Aacce2709H Assessee By : Shri. Ravikant Pathak Revenue By : Shri. Suresh Periasamy, (Cit Dr) Date Of Hearing: 11.10.2022. Date Of Pronouncement: 31.10.2022. O R D E R

For Appellant: Shri. Ravikant PathakFor Respondent: Shri. Suresh Periasamy, (CIT
Section 10Section 14Section 44

…IN THE INCOME TAX APPELLATE TRIBUNAL “E” BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, AM AND SHRI PAVAN KUMAR GADALE, JM Edelweiss Tokio Life DCIT-CC1(1), 9th Floor, 905, Insurance Ltd. Pratishtha Bhavan, Old C.G.O. Bldg.,(Annexe0, Edelweiss House off CST Vs. M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(e), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life DCIT-CC1(1), 9th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Edelweiss House off CST Bldg., (Annexe0, M.K.Road, Vs. Mumbai-400 020 Rd, Kalina, Santacruz(e), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life DCIT-CC1(1), 9t…

Dy Commissioner of Income Tax Central Circle-1(1), Mumbai vs. M/S Edelweiss Tokio Life Insurance Limited, Mumbai

In the result appeal for AY 2014-15 filed by ld

ITA 2049/MUM/2022[2017-18]Status: DisposedITAT Mumbai31 Oct 2022AY 2017-18

Bench: Shri Prashant Maharishi, Am & Shri Pavan Kumar Gadale, Jm Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratishtha Bhavan, Old C.G.O. Bldg.,(Annexe0, Edelweiss House Off Cst Vs. M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Edelweiss House Off Cst Bldg., (Annexe0, M.K.Road, Vs. Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Bldg., (Annexe0, Vs. Edelweiss House Off Cst M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) 3 Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Pan No. Aacce2709H Assessee By : Shri. Ravikant Pathak Revenue By : Shri. Suresh Periasamy, (Cit Dr) Date Of Hearing: 11.10.2022. Date Of Pronouncement: 31.10.2022. O R D E R

For Appellant: Shri. Ravikant PathakFor Respondent: Shri. Suresh Periasamy, (CIT
Section 10Section 14Section 44

…IN THE INCOME TAX APPELLATE TRIBUNAL “E” BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, AM AND SHRI PAVAN KUMAR GADALE, JM Edelweiss Tokio Life DCIT-CC1(1), 9th Floor, 905, Insurance Ltd. Pratishtha Bhavan, Old C.G.O. Bldg.,(Annexe0, Edelweiss House off CST Vs. M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(e), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life DCIT-CC1(1), 9th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Edelweiss House off CST Bldg., (Annexe0, M.K.Road, Vs. Mumbai-400 020 Rd, Kalina, Santacruz(e), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life DCIT-CC1(1), 9t…

DCIT, CC 1(1), Mumbai vs. Edelweiss Tokio Life Insurance Ltd., Mumbai

In the result appeal for AY 2014-15 filed by ld

ITA 2048/MUM/2022[2016-17]Status: DisposedITAT Mumbai31 Oct 2022AY 2016-17

Bench: Shri Prashant Maharishi, Am & Shri Pavan Kumar Gadale, Jm Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratishtha Bhavan, Old C.G.O. Bldg.,(Annexe0, Edelweiss House Off Cst Vs. M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Edelweiss House Off Cst Bldg., (Annexe0, M.K.Road, Vs. Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Bldg., (Annexe0, Vs. Edelweiss House Off Cst M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) 3 Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Pan No. Aacce2709H Assessee By : Shri. Ravikant Pathak Revenue By : Shri. Suresh Periasamy, (Cit Dr) Date Of Hearing: 11.10.2022. Date Of Pronouncement: 31.10.2022. O R D E R

For Appellant: Shri. Ravikant PathakFor Respondent: Shri. Suresh Periasamy, (CIT
Section 10Section 14Section 44

…IN THE INCOME TAX APPELLATE TRIBUNAL “E” BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, AM AND SHRI PAVAN KUMAR GADALE, JM Edelweiss Tokio Life DCIT-CC1(1), 9th Floor, 905, Insurance Ltd. Pratishtha Bhavan, Old C.G.O. Bldg.,(Annexe0, Edelweiss House off CST Vs. M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(e), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life DCIT-CC1(1), 9th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Edelweiss House off CST Bldg., (Annexe0, M.K.Road, Vs. Mumbai-400 020 Rd, Kalina, Santacruz(e), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life DCIT-CC1(1), 9t…

DCIT, CC 1(1), Mumbai vs. Edelweiss Tokio Life Insurance Ltd., Mumbai

In the result appeal for AY 2014-15 filed by ld

ITA 2047/MUM/2022[2015-16]Status: DisposedITAT Mumbai31 Oct 2022AY 2015-16

Bench: Shri Prashant Maharishi, Am & Shri Pavan Kumar Gadale, Jm Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratishtha Bhavan, Old C.G.O. Bldg.,(Annexe0, Edelweiss House Off Cst Vs. M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Edelweiss House Off Cst Bldg., (Annexe0, M.K.Road, Vs. Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Bldg., (Annexe0, Vs. Edelweiss House Off Cst M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) 3 Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Pan No. Aacce2709H Assessee By : Shri. Ravikant Pathak Revenue By : Shri. Suresh Periasamy, (Cit Dr) Date Of Hearing: 11.10.2022. Date Of Pronouncement: 31.10.2022. O R D E R

For Appellant: Shri. Ravikant PathakFor Respondent: Shri. Suresh Periasamy, (CIT
Section 10Section 14Section 44

…IN THE INCOME TAX APPELLATE TRIBUNAL “E” BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, AM AND SHRI PAVAN KUMAR GADALE, JM Edelweiss Tokio Life DCIT-CC1(1), 9th Floor, 905, Insurance Ltd. Pratishtha Bhavan, Old C.G.O. Bldg.,(Annexe0, Edelweiss House off CST Vs. M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(e), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life DCIT-CC1(1), 9th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Edelweiss House off CST Bldg., (Annexe0, M.K.Road, Vs. Mumbai-400 020 Rd, Kalina, Santacruz(e), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life DCIT-CC1(1), 9t…

DCIT, CC 1(1), Mumbai vs. Edelweiss Tokio Life Insurance Ltd., Mumbai

In the result appeal for AY 2014-15 filed by ld

ITA 2046/MUM/2022[2014-15]Status: DisposedITAT Mumbai31 Oct 2022AY 2014-15

Bench: Shri Prashant Maharishi, Am & Shri Pavan Kumar Gadale, Jm Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratishtha Bhavan, Old C.G.O. Bldg.,(Annexe0, Edelweiss House Off Cst Vs. M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Edelweiss House Off Cst Bldg., (Annexe0, M.K.Road, Vs. Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Bldg., (Annexe0, Vs. Edelweiss House Off Cst M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) 3 Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life Dcit-Cc1(1), 9Th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old Vs. Edelweiss House Off Cst C.G.O. Bldg.,(Annexe0, M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(E), Mumbai-400 098 (Appellant) (Respondent) Pan No. Aacce2709H Assessee By : Shri. Ravikant Pathak Revenue By : Shri. Suresh Periasamy, (Cit Dr) Date Of Hearing: 11.10.2022. Date Of Pronouncement: 31.10.2022. O R D E R

For Appellant: Shri. Ravikant PathakFor Respondent: Shri. Suresh Periasamy, (CIT
Section 10Section 14Section 44

…IN THE INCOME TAX APPELLATE TRIBUNAL “E” BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, AM AND SHRI PAVAN KUMAR GADALE, JM Edelweiss Tokio Life DCIT-CC1(1), 9th Floor, 905, Insurance Ltd. Pratishtha Bhavan, Old C.G.O. Bldg.,(Annexe0, Edelweiss House off CST Vs. M.K.Road, Mumbai-400 020 Rd, Kalina, Santacruz(e), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life DCIT-CC1(1), 9th Floor, 905, Insurance Ltd. Pratistha Bhavan, Old C.G.O. Edelweiss House off CST Bldg., (Annexe0, M.K.Road, Vs. Mumbai-400 020 Rd, Kalina, Santacruz(e), Mumbai-400 098 (Appellant) (Respondent) Edelweiss Tokio Life DCIT-CC1(1), 9t…

Tata Aia Life Insurance Company Limited, Mumbai vs. Principle Comm. of Income Tax, Rane-8, Mumbai

In the result, appeal of the assessee is allowed

ITA 1285/MUM/2022[2017-2018]Status: DisposedITAT Mumbai31 Oct 2022AY 2017-2018
Section 115Section 143(3)Section 253Section 263Section 44

…IN THE INCOME TAX APPELLATE TRIBUNAL, ‘E‘ BENCH MUMBAI BEFORE: SHRI AMIT SHUKLA, JUDICIAL MEMBER & SHRI M.BALAGANESH, ACCOUNTANT MEMBER M/s. Tata AIA Life Insurance Vs. Pr.Commissioner of Income Company Ltd., Tax, Range-8 14th Floor, Tower A Room No.811, 8th Floor Peninsula Business Park Aayakar Bhavan Senapati Bapat Marg M.K.Road Lower Parel Mumbai – 400 020 Mumbai – 400 013 PAN/GIR No.AABCT3784C (Appellant) .. (Respondent) Assessee by Shri Madhur Agarwal Revenue by Shri A.B.Koli Date of Hearing 23/08/2022 Date of Pronouncement 31/10/2022 आदेश / O R D E R PER M. BALAGANESH (A.M): This appeal in ITA No.1…

Pr. Commissioner of Income Tax-5 vs. M/S Pnb Metlife India

ITA/128/2018HC Karnataka30 Aug 2021

Bench: S.SUJATHA,RAVI V HOSMANI

Section 115BSection 260Section 44

…IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 30TH DAY OF AUGUST, 2021 PRESENT THE HON’BLE MRS.JUSTICE S.SUJATHA AND THE HON’BLE MR. JUSTICE RAVI V. HOSMANI I.T.A.No.128/2018 C/w. I.T.A.No.181/2017 & I.T.A.No.436/2018 IN ITA No.128/2018: BETWEEN : 1. PR. COMMISSIONER OF INCOME TAX-5 BMTC COMPLEX, KORAMANGALA, BENGALURU. 2. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-5(1)(2), BMTC COMPLEX, KORAMANGALA BENGALURU. ...APPELLANTS (BY SRI SANMATHI.E.I., ADV.) AND : M/S PNB METLIFE INDIA INSURANCE COMPANY LTD., #5, BRIGADE SESHAMAHAL, VANI VILAS RO…

DCIT, New Delhi vs. M/S. Sahara India Life Insurance Company Ltd., Lucknow

Appeal of the revenue is dismissed

ITA 3855/DEL/2014[2011-12]Status: DisposedITAT Delhi25 Feb 2019AY 2011-12

Bench: Shri Beena A Pillai & Shri Prashant Maharishidcit, Vs. Sahara India Life Insurance Central Circle-6, Company Ltd, New Delhi 1-Kapoorthala Complex, Aliganj, Lucknow Pan: Aahcs1334B (Appellant) (Respondent)

For Appellant: Shri Aditya Vohra, AdvFor Respondent: Smt Naina Sain Kapil, Sr. DR
Section 143Section 199Section 44

…INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “D”: NEW DELHI BEFORE SHRI BEENA A PILLAI, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER DCIT, Vs. Sahara India Life Insurance Central Circle-6, Company Ltd, New Delhi 1-Kapoorthala Complex, Aliganj, Lucknow PAN: AAHCS1334B (Appellant) (Respondent) Revenue by : Smt Naina Sain Kapil, Sr. DR Assessee by: Shri Aditya Vohra, Adv Shri Arpit Goyal, CA Date of Hearing 21/01/2019 Date of pronouncement 25/02/2019 O R D E R PER PRASHANT MAHARISHI, A. M. 1. This is an appeal filed by the Deputy Commissioner Of Income Tax, Central circle – 6, New Delhi (the learned…

DCIT 9(3)(2), Mumbai vs. Future Generali India Life Insurance Co.Ltd, Mumbai

In the result, we uphold the order of the learned CIT(A) and dismiss the appeal filed by the revenue

ITA 4373/MUM/2015[2011-12]Status: DisposedITAT Mumbai30 Mar 2017AY 2011-12

Bench: Shri Mahavir Singh () & Shri N.K. Pradhan () Assessment Year: 2011-12

For Appellant: Mr. Vipul Joshi, ARFor Respondent: Ms. S. Padmaja, DR
Section 10Section 143(3)Section 44

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES “F” MUMBAI BEFORE SHRI MAHAVIR SINGH (JUDICIAL MEMBER) AND SHRI N.K. PRADHAN (ACCOUNTANT MEMBER) Assessment Year: 2011-12 DCIT 9(3)(2) Vs. M/s. Future Generali India Life 2nd Floor, Aayakar Bhavan Insurance Co. Ltd. M.K. Road, Knowledge House, Gr. Floor, Off Mumbai – 400020 Jogeshwari Vikhroli Link Road, Shyam Nagar, Mumbai – 400060 PAN No. AABCF0190Q (Appellant) (Respondent) Revenue by: Ms. S. Padmaja, DR Assessee by : Mr. Vipul Joshi, AR Date of Hearing : 30/03/2017 Date of pronouncement: 30/03/2017 ORDER PER BENCH This is an appeal filed by the reven…