Commissioner of Income-tax, Jamshedpur v. Arun Kumar Agarwal (HUF)

Udayan Grover, Mumbai vs. National Faceless Appeal Centre(NFAC), Delhi

In the result, appeal filed by the assessee is allowed

Bench: Shri Aby T Varkey, Hon'Ble & Shri S. Rifaur Rahman, Hon'Bleudayan Grover V. National Faceless Appeal Centre Panch Mahal Delhi Panch Sristhi Complex {Acit – 26(3), Bkc, Mumbai} Powai, Mumbai - 400072 Pan: Aclpg0572G (Appellant) (Respondent) Assessee Represented By : Shri Vimal Punmiya Department Represented By : Ms. Kavitha Kaushik

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “F” MUMBAI BEFORE SHRI ABY T VARKEY, HON'BLE JUDICIAL MEMBER AND SHRI S. RIFAUR RAHMAN, HON'BLE ACCOUNTANT MEMBER Udayan Grover v. National Faceless Appeal Centre Panch Mahal Delhi Panch Sristhi Complex {ACIT – 26(3), BKC, Mumbai} Powai, Mumbai - 400072 PAN: ACLPG0572G (Appellant) (Respondent) Assessee Represented by : Shri Vimal Punmiya Department Represented by : Ms. Kavitha Kaushik Date of conclusion of Hearing : 23.01.2024 Date of Pronouncement : 07.02.2024 O R D E R PER S. RIFAUR RAHMAN (AM) 1. This appeal is filed by the assessee against order of Learned…

Minkal K. Doshi, Mumbai vs. ITO - 18(2)(2), Mumbai

In the result, the appeal of the assessee is partly allowed

Bench: Shri Aby T. Varkey, Jm आयकर अपील सं/ I.T.A. No.1093/Mum/2020 (निर्धारण वर्ा / Assessment Years: 2015-16) Minkal K. Doshi बिधम/ Ito-18(2)(2) Room No. 11/B, 5Th Floor, 3Rd Floor, Earnest House, Vs. Pallanji House, 35, New Nariman Point, Mumbai- Charni Road, Khetwadi, 400021. Mumbai-400004. स्थधयी लेखध सं./जीआइआर सं./Pan/Gir No. : Aiopd7813N (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent) Assessee By: Shri B. N. Rao Revenue By: Shri Nayana K. Kumar सुनवाई की तारीख / Date Of Hearing: 29/11/2022 घोषणा की तारीख /Date Of Pronouncement: 24/02/2023 आदेश / O R D E R Per Aby T. Varkey, Jm: This Is An Appeal Preferred By The Assessee Against The Order Of The Ld. Commissioner Of Income Tax (Appeals)-29, Mumbai Dated 25.03.2019 For The Assessment Year 2015-16. 2. The Main Grievance Of The Assessee Is Against The Action Of The Ld. Cit(A) In Upholding The Addition Of Rs.24,66,000/- Made By The Ao In Respect Of Long Term Capital Gain (Ltcg) Claimed Of Rs.20,64,793/- Being Profit On Sale Of Rs.36,000/- Shares Of M/S. Greencrest (Earlier Known As M/S. Marigold Glass Industries Ltd.) & Claimed It As An Exempt Income U/S 10(38) Of The Income Tax Act, 1961 (Hereinafter “The Act”). 3. Brief Facts Are That The Ao Noted That The Assessee Had Filed On 25.09.2015 Return Of Income Declaring Total Income Of Rs.7,01,450/-. The Return Filed Has Been Processed U/S 143(1) Of The Act. Thereafter

…IN THE INCOME TAX APPELLATE TRIBUNAL “SMC” BENCH, MUMBAI BEFORE SHRI ABY T. VARKEY, JM आयकर अपील सं/ I.T.A. No.1093/Mum/2020 (निर्धारण वर्ा / Assessment Years: 2015-16) Minkal K. Doshi बिधम/ ITO-18(2)(2) Room No. 11/B, 5th Floor, 3rd Floor, Earnest House, Vs. Pallanji House, 35, New Nariman Point, Mumbai- Charni Road, Khetwadi, 400021. Mumbai-400004. स्थधयी लेखध सं./जीआइआर सं./PAN/GIR No. : AIOPD7813N (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent) Assessee by: Shri B. N. Rao Revenue by: Shri Nayana K. Kumar सुनवाई की तारीख / Date of Hearing: 29/11/2022 घोषणा की तारीख /Date of Pronouncement: 24/02/2023 आदे…

Income Tax Officer 33(1)(4), Mumbai vs. Dheeraj Babulal Shah, Mumbai

In the result, the appeals filed by the revenue are dismissed

Bench: Shri Aby T. Varkey, Jm & Shri Gagan Goyal, Am आयकर अपील सं/ I.T.A. Nos. 4272/Mum/2018 (निर्धारण वर्ा / Assessment Years: 2014-15) & आयकर अपील सं/ I.T.A. Nos. 4092/Mum/2019 (निर्धारण वर्ा / Assessment Years: 2015-16) बिधम/ Ito-33(1)(4) Dheeraj Babulal Shah Room No. 708, 7Th Floor, 23/A-12, Akash Chsl, Vs. Bldg. No. C-12, Jalawal Nagar, Ashok Nagar, Pratyakshakar Bhavan, Kandivali (E), Mumbai- Bandra Kurla Complex, 400101. Bandra (E), Mumbai- 400051. स्थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Arwps1458D (अपीलाथी /Appellant) .. (प्रत्यथी / Respondent) Revenue By: Smt. Mahita Nair (Sr. Ar) Assessee By: Shri Rajkumar Singh सुनवाई की तारीख / Date Of Hearing: 19/07/2022 घोषणा की तारीख /Date Of Pronouncement: 14/10/2022 आदेश / O R D E R Per Aby T. Varkey, Jm: These Appeals Are Preferred By The Revenue Against The Orders Of The Ld. Cit(A)-45, Mumbai, Dated 29.03.2018 For A.Y.2014-15 & Dated 12.03.2019 For Ay. 2015-16 Respectively.

…IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, MUMBAI BEFORE SHRI ABY T. VARKEY, JM AND SHRI GAGAN GOYAL, AM आयकर अपील सं/ I.T.A. Nos. 4272/Mum/2018 (निर्धारण वर्ा / Assessment Years: 2014-15) & आयकर अपील सं/ I.T.A. Nos. 4092/Mum/2019 (निर्धारण वर्ा / Assessment Years: 2015-16) बिधम/ ITO-33(1)(4) Dheeraj Babulal Shah Room No. 708, 7th Floor, 23/A-12, Akash CHSL, Vs. Bldg. No. C-12, Jalawal Nagar, Ashok Nagar, Pratyakshakar Bhavan, Kandivali (E), Mumbai- Bandra Kurla Complex, 400101. Bandra (E), Mumbai- 400051. स्थायी लेखा सं./जीआइआर सं./PAN/GIR No. : ARWPS1458D (अपीलाथी /Appellant) .. (प्रत्यथी / Respondent) Re…

DCIT CC 8(1), Mumbai vs. M/S Jainam Investments, Mumbai

In the result, appeals filed by the revenue are hereby dismissed

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SHRI RAJESH KUMAR, AM AND SHRI AMARJIT SINGH, JM आयकर अपील सं/ I.T.A. Nos. 4286 & 4474/Mum/2019 (निर्धारण वर्ा / Assessment Years: 2011-12 & 2016-17) DCIT, CC-8(1) बिधम/ M/s. Jainam Investments 11A, 5th Floor, Rockside Aayakar Bhavan, M. K. Vs. Road, Mumbai-400020. Apartment, A Wing, Walkeshwar Road, Mumbai- 400009. स्थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAHFJ1230A (अपीलाथी /Appellant) (प्रत्यथी / Respondent) .. Revenue by: Shri Rahul Raman (DR) Assessee by: Shri Suchek Anchaliya (AR) सुनवाई की तारीख / Date of Hearing: 16/02/2021 घोषणा की तारीख /D…

DCIT 24(3), Mumbai vs. Indervadan Jain, Mumbai

In the result, both appeals of the revenue are dismissed

…आयकर अपीऱीय अधिकरण, म ुंबई न्यायपीठ ‘आई’, म ुंबई । IN THE INCOME TAX APPELLATE TRIBUNAL “I”, BENCH MUMBAI BEFORE SHRI R.C.SHARMA, AM & SHRI MAHAVIR SINGH, JM आमकय अऩीर सं./ITA No.4861/Mum/2014 (नििाारण वषा / Assessment Year :2005-2006) ITO-24(3)(1), Mumbai Vs. M/s Indravadan Jain HUF, 87/8, Kapadia Building Jawahar Nagar, S.V.Road, Goregaon (West), Mumbai-62 स्थामी रेखा सं./ जीआइआय सं./ PAN/GIR No. : AAAHI 0054 E (अऩीराथी /Appellant) (प्रत्मथी / Respondent) .. AND आमकय अऩीर सं./ITA No.5168/Mum/2014 (नििाारण वषा / Assessment Year :2005-2006) ACIT-24(3), Bandra(E), Mumbai- Vs. Shri Indravadan Jain, 51 23/26, Vij…

ITO 24(3)(1), Mumbai vs. Indravadan Jain HUF, Mumbai

In the result, both appeals of the revenue are dismissed

…आयकर अपीऱीय अधिकरण, म ुंबई न्यायपीठ ‘आई’, म ुंबई । IN THE INCOME TAX APPELLATE TRIBUNAL “I”, BENCH MUMBAI BEFORE SHRI R.C.SHARMA, AM & SHRI MAHAVIR SINGH, JM आमकय अऩीर सं./ITA No.4861/Mum/2014 (नििाारण वषा / Assessment Year :2005-2006) ITO-24(3)(1), Mumbai Vs. M/s Indravadan Jain HUF, 87/8, Kapadia Building Jawahar Nagar, S.V.Road, Goregaon (West), Mumbai-62 स्थामी रेखा सं./ जीआइआय सं./ PAN/GIR No. : AAAHI 0054 E (अऩीराथी /Appellant) (प्रत्मथी / Respondent) .. AND आमकय अऩीर सं./ITA No.5168/Mum/2014 (नििाारण वषा / Assessment Year :2005-2006) ACIT-24(3), Bandra(E), Mumbai- Vs. Shri Indravadan Jain, 51 23/26, Vij…