CIT v. Lokhandwala Constructions Industries Ltd.

131 Taxmann 810High Court2003#3643 most cited
32

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2016 to 2025.

Sections most often in play

Section 36(1)(iii)

Issues it is cited on

section 36(l)(iii)section 80iabsection 36(l)section 10(2)project completion methodsection 245dpercentage completion methodwholly and exclusively for businesssection 36(1)(iii)section 43csection 43caput to use

Judgments citing CIT v. Lokhandwala Constructions Industries Ltd.

Dlf Ltd., New Delhi vs. Addl. CIT, New Delhi

ITA 4061/DEL/2013[2009-10]Status: DisposedITAT Delhi10 Sept 2020AY 2009-10

Bench: Sh. Prashant Maharishi & Sh. K. Narashimha Chary(Through Video Conferencing) Assessment Year: 2009-10 Dlf Limited Addl. Cit Dlf Centre, (9Th Floor) Vs Range-10 Sansad Marg, 404, C. R. Building New Delhi-110001 New Delhi Pan No.Aaacd3494N (Appellant) (Respondent) Dcit Vs. Dlf Ltd. Circle –7 (1) Sansad Marg New Delhi New Delhi Pan No. Aaacd3494N (Appellant) (Respondent)

Section 14ASection 23(1)

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH „B‟, NEW DELHI BEFORE SH. PRASHANT MAHARISHI, ACCOUNTANT MEMBER AND SH. K. NARASHIMHA CHARY, JUDICIAL MEMBER (Through Video Conferencing) Assessment Year: 2009-10 DLF Limited Addl. CIT DLF Centre, (9th Floor) Vs Range-10 Sansad Marg, 404, C. R. Building New Delhi-110001 New Delhi PAN No.AAACD3494N (APPELLANT) (RESPONDENT) DCIT Vs. DLF Ltd. Circle –7 (1) Sansad Marg New Delhi New Delhi PAN No. AAACD3494N (APPELLANT) (RESPONDENT) Appellant by Sh. R. S. Singhvi, CA Sh. Satyajeet, CA Respondent by Ms. Nidhi Srivastava, CIT DR Last Date of hearing: 14/08/2020 Date of P…

Deputy Commissioner of Income Tax, Central Circle-2(2), Bangalore vs. M/S. Cornerstone Property Investments Private Limited, Bangalore

In the result, both the appeals of the revenue are dismissed

ITA 1083/BANG/2019[2014-15]Status: DisposedITAT Bangalore14 Aug 2020AY 2014-15

Bench: Shri A. K. Garodia & Smt. Beena Pillai

For Appellant: Shri. V. Sreenivasan, AdvocateFor Respondent: Ms. Neera Malhotra. CIT DR
Section 14A

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH : BANGALORE BEFORE SHRI A. K. GARODIA, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER ITA No. 1082 & 1083/Bang/2019 Assessment years : 2013 – 14 & 2014 – 15 DCIT Central Circle 2 (2), M/s Cornerstone Property Investment (P) Ltd., No. 583, 9th Main Road, Bengaluru Vs. Off CMH Road, Indiranagar Road, Bengaluru - 560038 PAN : AACCC8744Q APPELLANT RESPONDENT Assessee by : Shri. V. Sreenivasan, Advocate Revenue by : Ms. Neera Malhotra. CIT DR Date of hearing : 30.07.2020 Date of Pronouncement : 14.08.2020 O R D E R PER ARUN KUMAR GARODIA, A. M.: Both these appea…

Deputy Commissioner of Income Tax, Central Circle-2(2), Bangalore vs. M/S. Cornerstone Property Investments Private Limited, Bangalore

In the result, both the appeals of the revenue are dismissed

ITA 1082/BANG/2019[2013-14]Status: DisposedITAT Bangalore14 Aug 2020AY 2013-14

Bench: Shri A. K. Garodia & Smt. Beena Pillai

For Appellant: Shri. V. Sreenivasan, AdvocateFor Respondent: Ms. Neera Malhotra. CIT DR
Section 14A

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH : BANGALORE BEFORE SHRI A. K. GARODIA, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER ITA No. 1082 & 1083/Bang/2019 Assessment years : 2013 – 14 & 2014 – 15 DCIT Central Circle 2 (2), M/s Cornerstone Property Investment (P) Ltd., No. 583, 9th Main Road, Bengaluru Vs. Off CMH Road, Indiranagar Road, Bengaluru - 560038 PAN : AACCC8744Q APPELLANT RESPONDENT Assessee by : Shri. V. Sreenivasan, Advocate Revenue by : Ms. Neera Malhotra. CIT DR Date of hearing : 30.07.2020 Date of Pronouncement : 14.08.2020 O R D E R PER ARUN KUMAR GARODIA, A. M.: Both these appea…

Lodha Developers Ltd(Formerly Known As Lodha Developers Private Limited), Mumbai vs. DCIT Cen Cir 7(3), Mumbai

In the result, appeal of the Revenue is dismissed and appeal of the assessee is allowed

ITA 2348/MUM/2018[2014-15]Status: DisposedITAT Mumbai20 Feb 2020AY 2014-15

Bench: Shri C.N. Prasad, Hon'Ble & Shri G. Manjunatha, Hon'Bledy. Commissioner Of Income-Tax V. M/S. Palava Dwellers Pvt. Ltd., Central Circle – 7(3) 412, 71-G, Vardhman Chamber Room No. 655, 6Th Floor C.P. Road, Horniman Circle Aayakar Bhavan, M.K. Road Fort, Mumbai Mumbai – 400 020 Pan: Aabcl1117D (Appellant) (Respondent) Lodha Developers Limited Dy. Commissioner Of Income-Tax V. {Since Merged M/S. Palava Dwellers Pvt. Ltd.,} Central Circle – 7(3) 412, 4Th Floor, 17G, Vardhman Chamber Room No. 655, 6Th Floor Cawasji Patel Road, Horniman Circle Aayakar Bhavan, M.K. Road Fort, Mumbai - 400 001 Mumbai – 400 020 Pan: Aabcl1117D (Appellant) (Respondent)

For Appellant: Shri Rajan R. VoraFor Respondent: Shri Awungshi Gimson
Section 143(3)Section 14ASection 36(1)(iii)

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI C.N. PRASAD, HON'BLE JUDICIAL MEMBER AND SHRI G. MANJUNATHA, HON'BLE ACCOUNTANT MEMBER Dy. Commissioner of Income-tax v. M/s. Palava Dwellers Pvt. Ltd., Central Circle – 7(3) 412, 71-G, Vardhman Chamber Room No. 655, 6th Floor C.P. Road, Horniman Circle Aayakar Bhavan, M.K. Road Fort, Mumbai Mumbai – 400 020 PAN: AABCL1117D (Appellant) (Respondent) Lodha Developers Limited Dy. Commissioner of Income-tax v. {since merged M/s. Palava Dwellers Pvt. Ltd.,} Central circle – 7(3) 412, 4th Floor, 17G, Vardhman Chamber Room No. 655, 6th Floor Cawas…

DCIT Cent. Cir. -7(3), Mumbai vs. Palava Dwellers Pvt. Ltd., Mumbai

In the result, appeal of the Revenue is dismissed and appeal of the assessee is allowed

ITA 2147/MUM/2018[2014-15]Status: DisposedITAT Mumbai20 Feb 2020AY 2014-15

Bench: Shri C.N. Prasad, Hon'Ble & Shri G. Manjunatha, Hon'Bledy. Commissioner Of Income-Tax V. M/S. Palava Dwellers Pvt. Ltd., Central Circle – 7(3) 412, 71-G, Vardhman Chamber Room No. 655, 6Th Floor C.P. Road, Horniman Circle Aayakar Bhavan, M.K. Road Fort, Mumbai Mumbai – 400 020 Pan: Aabcl1117D (Appellant) (Respondent) Lodha Developers Limited Dy. Commissioner Of Income-Tax V. {Since Merged M/S. Palava Dwellers Pvt. Ltd.,} Central Circle – 7(3) 412, 4Th Floor, 17G, Vardhman Chamber Room No. 655, 6Th Floor Cawasji Patel Road, Horniman Circle Aayakar Bhavan, M.K. Road Fort, Mumbai - 400 001 Mumbai – 400 020 Pan: Aabcl1117D (Appellant) (Respondent)

For Appellant: Shri Rajan R. VoraFor Respondent: Shri Awungshi Gimson
Section 143(3)Section 14ASection 36(1)(iii)

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI C.N. PRASAD, HON'BLE JUDICIAL MEMBER AND SHRI G. MANJUNATHA, HON'BLE ACCOUNTANT MEMBER Dy. Commissioner of Income-tax v. M/s. Palava Dwellers Pvt. Ltd., Central Circle – 7(3) 412, 71-G, Vardhman Chamber Room No. 655, 6th Floor C.P. Road, Horniman Circle Aayakar Bhavan, M.K. Road Fort, Mumbai Mumbai – 400 020 PAN: AABCL1117D (Appellant) (Respondent) Lodha Developers Limited Dy. Commissioner of Income-tax v. {since merged M/s. Palava Dwellers Pvt. Ltd.,} Central circle – 7(3) 412, 4th Floor, 17G, Vardhman Chamber Room No. 655, 6th Floor Cawas…

DCIT, New Delhi vs. M/S. Dlf Ltd., New Delhi

ITA 2749/DEL/2013[2008-09]Status: DisposedITAT Delhi27 May 2019AY 2008-09

Bench: Shri Amit Shukla & Shri L.P. Sahu

For Appellant: Shri R.S. Singhvi & Shri SatyajeetFor Respondent: Shri Puneet Rai, Adv. Special counsel
Section 10Section 142ASection 143(3)Section 14ASection 40Section 43B

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “B” NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER & SHRI L.P. SAHU, ACCOUNTANT MEMBER I.T.A. No. 2126/DEL/2013 Assessment Year: 2008-09 DLF Limited, v. The Addl. Commissioner DLF Centre, (9th Floor), of Income Tax, Range- Sansad Marg, 10, New Delhi. New Delhi. TAN/PAN: AAACD 3494N (Appellant) (Respondent) I.T.A. No. 2749/DEL/2013 Assessment Year: 2008-09 The Deputy Commissioner of v. DLF Limited, Income Tax, Circle-0, DLF Centre, (9th Floor), New Delhi. Sansad Marg, New Delhi. TAN/PAN: AAACD 3494N (Appellant) (Respondent) Appellant by: Shri R.S. Singhvi…

Dlf Ltd., New Delhi vs. Addl. CIT, New Delhi

ITA 2126/DEL/2013[2008-09]Status: DisposedITAT Delhi27 May 2019AY 2008-09

Bench: Shri Amit Shukla & Shri L.P. Sahu

For Appellant: Shri R.S. Singhvi & Shri SatyajeetFor Respondent: Shri Puneet Rai, Adv. Special counsel
Section 10Section 142ASection 143(3)Section 14ASection 40Section 43B

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “B” NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER & SHRI L.P. SAHU, ACCOUNTANT MEMBER I.T.A. No. 2126/DEL/2013 Assessment Year: 2008-09 DLF Limited, v. The Addl. Commissioner DLF Centre, (9th Floor), of Income Tax, Range- Sansad Marg, 10, New Delhi. New Delhi. TAN/PAN: AAACD 3494N (Appellant) (Respondent) I.T.A. No. 2749/DEL/2013 Assessment Year: 2008-09 The Deputy Commissioner of v. DLF Limited, Income Tax, Circle-0, DLF Centre, (9th Floor), New Delhi. Sansad Marg, New Delhi. TAN/PAN: AAACD 3494N (Appellant) (Respondent) Appellant by: Shri R.S. Singhvi…

M/S. Rachna Enterprise, Surat vs. The Dy. Commissioner of Income Tax, Central Circle-1, Surat

In the result, the appeal of the assessee is allowed

ITA 1889/AHD/2016[2014-15]Status: DisposedITAT Surat30 Apr 2019AY 2014-15

Bench: Shri.Ram Lal Negi & Shri O.P.Meenaआ.अ.सं./I.T.A. No.1889/Ahd/2016 िनधा"रणवष"/Assessment Year : 2014-15 M/S. Rachna Enterprise, Vs. Dcit, Central Circle-1, Aaykar T.P No. 31, F.P. No. 31, Adajan Main Road, Bhavan, Majura Gate, Surat Surat-395009. [Pan: Aaofr 0215 L] अपीलाथ" Appellant ""यथ"/Respondent िनधा"रतीक"ओरसे /Assessee By Shri Rasesh Shah, Ca Shri Dilip Kumar, Sr. D.R. राज"वक"ओरसे /Revenue By सुनवाईक"तारीख/ Date Of Hearing : 26.03.2019 30.04.2019 उ"ोषणाक"तारीख/Pronouncement On : आदेश /O R D E R Per O. P. Meena Am: 1. This Appeal Filed By The Assessee Is Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals)-4, Surat [In Short “The Cit(A)], Dated 28.06.2016 Pertaining To The Assessment Year 2014-15. 2. The Grounds Raised By The Assessee As Under: “1. On The Facts & Circumstances Of The Case As Well As Law On The Subject, The Ld. Cit(As) Has Erred In Enhancing The Assessment By Disallowing The Interest To The Extent Of Rs.46,36,800/- By Erroneously Holding That It Is Required To Be Capitalized To The Work In Progress. 2. It Is Therefore Prayed That Enhancement Made By Ld. Cit(Appeals) May Please Be Deleted.”

Section 133ASection 143(3)

…Rachna Enterprise vs. DCIT, Central Circle-1, Surat/ITA No.1889/Ahd/2016/A.Y: 2014-15 Page 1 of 9 आयकरअपीलीयअिधकरण,सुरत"यायपीठ,सुरत IN THE INCOME TAX APPELLATE TRIBUNAL SURAT BENCH, SURAT "ी राम लाल नेगी, "याियक सद"य तथा "ीओ.पी.मीना, लेखासद"य के सम" BEFORE SHRI.RAM LAL NEGI, JUDICIAL MEMBER AND SHRI O.P.MEENA, ACCOUNTANT MEMBER आ.अ.सं./I.T.A. No.1889/AHD/2016 िनधा"रणवष"/Assessment Year : 2014-15 M/s. Rachna Enterprise, Vs. DCIT, Central Circle-1, Aaykar T.P No. 31, F.P. No. 31, Adajan Main Road, Bhavan, Majura Gate, Surat Surat-395009. [PAN: AAOFR 0215 L] अपीलाथ" Appellant ""यथ"/Respondent िनधा"रतीक"ओरसे /Asses…

Meerut Development Authority, New Delhi vs. Addl. CIT, Meerut

In the result, this ground of the assessee is allowed

ITA 5457/DEL/2010[2005-06]Status: DisposedITAT Delhi30 Sept 2016AY 2005-06

Bench: Shri J. Sudhakar Reddy & Ms Suchitra Kamble

For Appellant: Shri Kapil Goel, AdvocateFor Respondent: Shri S.K. Jain, Sr. DR
Section 36(1)(iii)

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES : E : NEW DELHI BEFORE SHRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER AND MS SUCHITRA KAMBLE, JUDICIAL MEMBER ITA Nos.5455 to 5457/Del/2010 Assessment Years : 2003-04 to 2005-06 Meerut Development Authority, Vs. Addl.CIT, CA Anupam Sharma, Range-1, 16, Hans Plaza, Meerut. Opp. Amarpali Cinema, Garh Road, New Delhi. PAN: AAALM0124D (Appellant) (Respondent) Assessee By : Shri Kapil Goel, Advocate Department By : Shri S.K. Jain, Sr. DR Date of Hearing : 24.08.2016 Date of Pronouncement : 29.09.2016 ORDER PER J. SUDHAKAR REDDY, AM: All these appeals are filed by the…

Meerut Development Authority, New Delhi vs. Addl. CIT, Meerut

In the result, this ground of the assessee is allowed

ITA 5455/DEL/2010[2003-04]Status: DisposedITAT Delhi30 Sept 2016AY 2003-04

Bench: Shri J. Sudhakar Reddy & Ms Suchitra Kamble

For Appellant: Shri Kapil Goel, AdvocateFor Respondent: Shri S.K. Jain, Sr. DR
Section 36(1)(iii)

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES : E : NEW DELHI BEFORE SHRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER AND MS SUCHITRA KAMBLE, JUDICIAL MEMBER ITA Nos.5455 to 5457/Del/2010 Assessment Years : 2003-04 to 2005-06 Meerut Development Authority, Vs. Addl.CIT, CA Anupam Sharma, Range-1, 16, Hans Plaza, Meerut. Opp. Amarpali Cinema, Garh Road, New Delhi. PAN: AAALM0124D (Appellant) (Respondent) Assessee By : Shri Kapil Goel, Advocate Department By : Shri S.K. Jain, Sr. DR Date of Hearing : 24.08.2016 Date of Pronouncement : 29.09.2016 ORDER PER J. SUDHAKAR REDDY, AM: All these appeals are filed by the…

ACIT, New Delhi vs. M/S Dlf Ltd., New Delhi

ITA 3061/DEL/2011[2006-07]Status: DisposedITAT Delhi11 Mar 2016AY 2006-07

Bench: Shri A.T. Varkey & Shri Prashant Maharishi

Section 133ASection 142Section 143(2)Section 144Section 146Section 250

…Page 1 of 144 IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH ‘B’: NEW DELHI) BEFORE SHRI A.T. VARKEY, JUDICIAL MEMBER and SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER ITA No.2677/Del./2011 (ASSESSMENT YEAR: 2006-07) M/s. DLF Limited vs. Addl.CIT, DLF Centre, 9th Floor, Sansad Range 10, New Delhi Marg, New Delhi – 110 001. (PAN AAACD3494N) Appellant Respondent ITA No.3061/Del./2011 (ASSESSMENT YEAR: 2006-07) Addl.CIT, vs. M/s. DLF Limited Range 10, DLF Centre, 9th Floor, New Delhi Sansad Marg, New Delhi – 110 001. (PAN AACD3494N Appellant Respondent Assesse by Shri R.S. Singhvi, Advocate Page 2 of 144 Revenue b…

Dlf Ltd., New Delhi vs. Addl. CIT, New Delhi

ITA 2677/DEL/2011[2006-07]Status: DisposedITAT Delhi11 Mar 2016AY 2006-07

Bench: Shri A.T. Varkey & Shri Prashant Maharishi

Section 133ASection 142Section 143(2)Section 144Section 146Section 250

…Page 1 of 144 IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH ‘B’: NEW DELHI) BEFORE SHRI A.T. VARKEY, JUDICIAL MEMBER and SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER ITA No.2677/Del./2011 (ASSESSMENT YEAR: 2006-07) M/s. DLF Limited vs. Addl.CIT, DLF Centre, 9th Floor, Sansad Range 10, New Delhi Marg, New Delhi – 110 001. (PAN AAACD3494N) Appellant Respondent ITA No.3061/Del./2011 (ASSESSMENT YEAR: 2006-07) Addl.CIT, vs. M/s. DLF Limited Range 10, DLF Centre, 9th Floor, New Delhi Sansad Marg, New Delhi – 110 001. (PAN AACD3494N Appellant Respondent Assesse by Shri R.S. Singhvi, Advocate Page 2 of 144 Revenue b…