ACIT Cent Cir 2(1), Mumbai vs. Shri Amish A Modi, Mumbai
ITA 1570/MUM/2021[2014-15]Status: DisposedITAT Mumbai20 Sept 2022AY 2014-15
Bench: Shri Kuldip Singh & Shri S. Rifaur Rahman
For Appellant: Shri Ravikant Pathak, A.RFor Respondent: Shri Rajesh Damor, D.R
Section 10(38)Section 127Section 143(3)Section 153CSection 153DSection 68
…s own case for A.Y. 2009-10, 2010-11 & 2011-12 in ITA Nos.4584, 4585 & 4586/M/2018 and also relied upon the decision rendered by the Hon’ble Supreme Court in case of CIT vs. Sinhgad Technical Education Society in Civil Appeal Nos.11080 to 11083 of 2017 (2017) 397 ITR 34 (SC) and the decision of Hon’ble High Court of Delhi in case of CIT vs. RRJ Securities Ltd. (2016) 380 ITR 612 (Del) and in case of Pepsico India Holdings (P.) Ltd. vs. ACIT (2014) 50 taxmann.com 299 (Delhi). 11. However, on the other hand, to repel the argument addressed by Ld. A.R. for the assessee the Ld. D.R. for the Revenue relied upon the o…