DCIT v. Aryan Build Space LLB

172 Taxmann.com 806Reported decision2025#23099 most cited
3

judgments rely on this decision, according to BharatTax’s citation analysis of 331,145 Indian tax judgments — from 2025 to 2025.

Sections most often in play

Section 43CBSection 133(6)Section 139(1)Section 143(3)Section 36(1)(va)Section 37Section 41(1)Section 69

Issues it is cited on

section 43cpercentage completion methodicdssection 145section 43section 250section 14section 143(3)total incomebusinessdocumentinterest

Judgments citing DCIT v. Aryan Build Space LLB

DCIT, Central Circle 7(1), Mumbai vs. Sheth Realtors, Mumbai

In the result, appeal of the assessee is partly allowed

ITA 4008/MUM/2025[2017-18]Status: DisposedITAT Mumbai30 Sept 2025AY 2017-18

Bench: Shri Amit Shukla & Shri Girish Agrawalassessment Year: 2017-18 Sheth Realtors Income-Tax Officer-7(1) Vasant Oasis, Site Office, [Erstwhile Ito-23(3)(3)] Upper Basement, Mumbai Cts No 345A 1 To 3, Vs. 345A 5 To 6, Makwana Road, Marol, Andheri East., Mumbai – 400059 [Pan: Aavfa3975F] (Appellant) (Respondent) Assessment Year: 2017-18 Deputy Commissioner Of Sheth Realtors Income-Tax, Central Circle 12Th Floor, Hallmark Business 7(1), Vs. Plaza, Sant Dyaneshwar Marg Mumbai Bandra (East), Mumbai - 400051 [Pan: Aavfa3975F] (Appellant) (Respondent) Present For: Assessee : Dr. K. Shivaram, Sr. Advocate & Shri Rahul Hakani, Advocate Revenue : Shri Leyaqat Ali Aafaqui, Sr. Dr Date Of Hearing : 07.08.2025 Date Of Pronouncement : 30.09.2025 O R D E R Per Girish Agrawal: These Two Appeals Filed By Assessee & Revenue Are Against The Order Of Ld. Cit (A) 49, Mumbai, Vide Order No. Itba/Apl/S/250/2024- Assessment Year 2017-18 25/1075205796(1), Dated 28.03.2025, Passed Against The Assessment Order By Income-Tax Officer, Ward-23(3)(3), Mumbai, U/S. 143(3) Of The Income-Tax Act (Hereinafter Referred To As The “Act”), Dated 30.12.2019 For Assessment Year 2017-18. 2. Grounds Taken By Assessee & Revenue Are Reproduced As Under: I. Ita No. 2712/Mum/2025 [Assessee]

For Appellant: Dr. K. Shivaram, Sr. Advocate and Shri Rahul Hakani, AdvocateFor Respondent: Shri Leyaqat Ali Aafaqui, Sr. DR
Section 133(6)Section 139(1)Section 143(3)Section 2(24)(x)

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2017-18 Sheth Realtors Income-tax Officer-7(1) Vasant Oasis, Site Office, [erstwhile ITO-23(3)(3)] Upper Basement, Mumbai CTS No 345A 1 to 3, Vs. 345A 5 to 6, Makwana Road, Marol, Andheri East., Mumbai – 400059 [PAN: AAVFA3975F] (Appellant) (Respondent) Assessment Year: 2017-18 Deputy Commissioner of Sheth Realtors Income-tax, Central Circle 12th Floor, Hallmark Business 7(1), Vs. Plaza, Sant Dyaneshwar Marg Mumbai Bandra (East), Mumbai - 400051 [PAN: AAVFA3975…

Sheth Realtors, Mumbai vs. ITO-7(1) (Erstwhile ITO-23(3)(3), Mumbai

In the result, appeal of the assessee is partly allowed

ITA 2712/MUM/2025[2017-18]Status: DisposedITAT Mumbai30 Sept 2025AY 2017-18

Bench: Shri Amit Shukla & Shri Girish Agrawalassessment Year: 2017-18 Sheth Realtors Income-Tax Officer-7(1) Vasant Oasis, Site Office, [Erstwhile Ito-23(3)(3)] Upper Basement, Mumbai Cts No 345A 1 To 3, Vs. 345A 5 To 6, Makwana Road, Marol, Andheri East., Mumbai – 400059 [Pan: Aavfa3975F] (Appellant) (Respondent) Assessment Year: 2017-18 Deputy Commissioner Of Sheth Realtors Income-Tax, Central Circle 12Th Floor, Hallmark Business 7(1), Vs. Plaza, Sant Dyaneshwar Marg Mumbai Bandra (East), Mumbai - 400051 [Pan: Aavfa3975F] (Appellant) (Respondent) Present For: Assessee : Dr. K. Shivaram, Sr. Advocate & Shri Rahul Hakani, Advocate Revenue : Shri Leyaqat Ali Aafaqui, Sr. Dr Date Of Hearing : 07.08.2025 Date Of Pronouncement : 30.09.2025 O R D E R Per Girish Agrawal: These Two Appeals Filed By Assessee & Revenue Are Against The Order Of Ld. Cit (A) 49, Mumbai, Vide Order No. Itba/Apl/S/250/2024- Assessment Year 2017-18 25/1075205796(1), Dated 28.03.2025, Passed Against The Assessment Order By Income-Tax Officer, Ward-23(3)(3), Mumbai, U/S. 143(3) Of The Income-Tax Act (Hereinafter Referred To As The “Act”), Dated 30.12.2019 For Assessment Year 2017-18. 2. Grounds Taken By Assessee & Revenue Are Reproduced As Under: I. Ita No. 2712/Mum/2025 [Assessee]

For Appellant: Dr. K. Shivaram, Sr. Advocate and Shri Rahul Hakani, AdvocateFor Respondent: Shri Leyaqat Ali Aafaqui, Sr. DR
Section 133(6)Section 139(1)Section 143(3)Section 2(24)(x)

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2017-18 Sheth Realtors Income-tax Officer-7(1) Vasant Oasis, Site Office, [erstwhile ITO-23(3)(3)] Upper Basement, Mumbai CTS No 345A 1 to 3, Vs. 345A 5 to 6, Makwana Road, Marol, Andheri East., Mumbai – 400059 [PAN: AAVFA3975F] (Appellant) (Respondent) Assessment Year: 2017-18 Deputy Commissioner of Sheth Realtors Income-tax, Central Circle 12th Floor, Hallmark Business 7(1), Vs. Plaza, Sant Dyaneshwar Marg Mumbai Bandra (East), Mumbai - 400051 [PAN: AAVFA3975…

Landmark Developers, Satna vs. Assistant Commissioner of Income Tax, Katni

In the result, the appeal is allowed for statistical purposes

ITA 78/JAB/2025[2018-19]Status: DisposedITAT Jabalpur24 Sept 2025AY 2018-19

Bench: Sh. Kul Bharat & Sh. Nikhil Choudharya.Y. 2018-19 Landmark Developers, Vs. National E-Assessment Centre Blooms Campus, N.H. 75, Panna Road, Satna-485001, M.P. Pan:Aaefl2527R (Appellant) (Respondent) Assessee By: Sh. Sanjay Mishra, Advocate Revenue By: Sh. N.M. Prasad, Sr. Dr Date Of Hearing: 21.08.2025 Date Of Pronouncement: 24.09.2025 O R D E R Per Nikhil Choudhary, A.M. This Is An Appeal Filed By The Assessee Against The Order Of The Ld. Cit(A), Nfac Under Section 250 Of The Income Tax Act, 1961 Dated 18.02.2025 In Which The Ld. Cit(A) Has Dismissed The Appeal Of The Assessee Filed Against The Order Of The Ld. Ao Under Section143(3) R.W.S. 143(3A) & 143(3B) On 14.04.2021. The Grounds Of Appeal Are As Under:- “1. That, The Assessment Order Has Been Passed By Nfac & No Designation Of Ao Is Mentioned In The Assessment Order Which Is Illegal & Unjustified. 2. That, The Digital Signature In The Assessment Order Are Not Verified & It Does Not Amount To Signing Of Assessment Order By Ao. Hence, The Whole Assessment Order Deserves To Be Set Aside. 3. That, The Ld. Cit Appeal Is Unjustified In Holding The Addition Of Rs. 30,03,163.00 By Applying Sec. 43Cb Of The Act Without The Considering The Fact That Same Is Not Applicable To The Project Started Prior To 01.04.2017. 4. That Sec 43Cb Is Applicable Only Where There Agreement Exist Between The Land Owner & Developer Whereas In The Present Case The Assessee Firm Itself Carrying

For Appellant: Sh. Sanjay Mishra, AdvocateFor Respondent: Sh. N.M. Prasad, Sr. DR
Section 143(3)Section 250Section 43C

…IN THE INCOME TAX APPELLATE TRIBUNAL JABALPUR BENCH, JABALPUR (Through Virtual Mode) BEFORE SH. KUL BHARAT, VICE PRESIDENT AND SH. NIKHIL CHOUDHARY, ACCOUNTANT MEMBER A.Y. 2018-19 Landmark Developers, vs. National e-Assessment Centre Blooms Campus, N.H. 75, Panna Road, Satna-485001, M.P. PAN:AAEFL2527R (Appellant) (Respondent) Assessee by: Sh. Sanjay Mishra, Advocate Revenue by: Sh. N.M. Prasad, Sr. DR Date of hearing: 21.08.2025 Date of pronouncement: 24.09.2025 O R D E R PER NIKHIL CHOUDHARY, A.M. This is an appeal filed by the assessee against the order of the ld. CIT(A), NFAC under section 250 of the Inc…