Investment & Properties v. DCIT CC-1

68 ITR (Trib) 567Income Tax Appellate Tribunal2018#8521 most cited

What is Investment & Properties v. DCIT CC-1 authority for?

When assessment is completed under section 153B(1)(b) based on a search, assessment years prior to the search year are subject to the provisions of section 153C, provided they fall within the six assessment years preceding the year of the search.

13

judgments rely on this decision, according to BharatTax’s citation analysis of 366,314 Indian tax judgments — from 2024 to 2024.

Also referred to as

Investment & Properties v. DCIT · 68 ITR (Trib) 567 · section 153C · section 153A · section 153B(1)(b) · search assessment · abatement of normal assessment · assessment year of search · block period assessment

Sections most often in play

Section 115BBESection 143(3)Section 153ASection 153CSection 234ASection 234BSection 234CSection 271(1)(c)

Issues it is cited on

section 153cofsection 153b(1)(b)section 153b(1)on money receiptsection 158bdsection 271(l)(c)initial assessment yearblock periodinterest u/s 234asection 153bsection 44aon-money

Judgments citing Investment & Properties v. DCIT CC-1

DCIT, Central Circle-1, Thane vs. Sujata Pramod Dalvi, Virar East

In the result assessee’sground no

ITA 3521/MUM/2023[2017-18]Status: DisposedITAT Mumbai22 Oct 2024AY 2017-18

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek JainFor Respondent: Smt.Madhu Malti Ghosh (CIT
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI B.R. BASKARAN, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.3387/Mum/2023 (Assessment Year: 2011-12) M/s Om Developers vs DCIT, Central Circle-1, Thane Asher IT Park, 6th Floor, Road Mukund Niwas, Near Shwet Plaza Building, Viva Jangid No.167-Z, Wagle Industrial Estate, Complex, Manvel Pada Road Thane (West) – 400 604 Virar (East) – 401 303 PAN : AAGFO2713A APPELLANT RESPONDENT I.T.A No.3388/Mum/2023 - A.Y. 2011-12 I.T.A No.3389/Mum/2023 - A.Y. 2012-13 I.T.A No.3390/Mum/2023 - A.Y. 2013-14 I.T.A No.3391/Mum/2023…

Pramod Mukund Dalvi, Virar vs. DCIT Central Circle, Thane

ITA 3394/MUM/2023[2017-18]Status: DisposedITAT Mumbai22 Oct 2024AY 2017-18

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek Jain
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI B.R. BASKARAN, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.3387/Mum/2023 (Assessment Year: 2011-12) M/s Om Developers vs DCIT, Central Circle-1, Thane Mukund Niwas, Near Shwet Plaza Building, Viva Jangid Complex, Manvel Pada Road Virar (East) – 401 303 Asher IT Park, 6th Floor, Road No.167-Z, Wagle Industrial Estate, Thane (West) – 400 604 PAN: AAGFO2713A APPELLANT RESPONDENT I.T.A No.3388/Mum/2023 Α.Υ. 2011-12 I.T.A No.3389/Mum/2023 Α.Υ. 2012-13 I.T.A No.3390/Mum/2023 Α.Υ. 2013-14 I.T.A No.3391/Mum/2023 Α.Υ. 2014-…

Pramod Mukund Dalvi, Virar vs. DCIT Central Circle, Thane

In the result assessee’sground no

ITA 3393/MUM/2023[2016-17]Status: DisposedITAT Mumbai22 Oct 2024AY 2016-17

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek JainFor Respondent: Smt.Madhu Malti Ghosh (CIT
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI B.R. BASKARAN, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.3387/Mum/2023 (Assessment Year: 2011-12) M/s Om Developers vs DCIT, Central Circle-1, Thane Asher IT Park, 6th Floor, Road Mukund Niwas, Near Shwet Plaza Building, Viva Jangid No.167-Z, Wagle Industrial Estate, Complex, Manvel Pada Road Thane (West) – 400 604 Virar (East) – 401 303 PAN : AAGFO2713A APPELLANT RESPONDENT I.T.A No.3388/Mum/2023 - A.Y. 2011-12 I.T.A No.3389/Mum/2023 - A.Y. 2012-13 I.T.A No.3390/Mum/2023 - A.Y. 2013-14 I.T.A No.3391/Mum/2023…

Pramod Mukund Dalvi, Mumbai vs. DCIT Central Circle, Thane

In the result assessee’sground no

ITA 3392/MUM/2023[2015-16]Status: DisposedITAT Mumbai22 Oct 2024AY 2015-16

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek JainFor Respondent: Smt.Madhu Malti Ghosh (CIT
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI B.R. BASKARAN, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.3387/Mum/2023 (Assessment Year: 2011-12) M/s Om Developers vs DCIT, Central Circle-1, Thane Asher IT Park, 6th Floor, Road Mukund Niwas, Near Shwet Plaza Building, Viva Jangid No.167-Z, Wagle Industrial Estate, Complex, Manvel Pada Road Thane (West) – 400 604 Virar (East) – 401 303 PAN : AAGFO2713A APPELLANT RESPONDENT I.T.A No.3388/Mum/2023 - A.Y. 2011-12 I.T.A No.3389/Mum/2023 - A.Y. 2012-13 I.T.A No.3390/Mum/2023 - A.Y. 2013-14 I.T.A No.3391/Mum/2023…

Pramod Mukund Dalvi, Mumbai vs. DCIT Central Circle, Thane

ITA 3391/MUM/2023[2014-15]Status: DisposedITAT Mumbai22 Oct 2024AY 2014-15

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek JainFor Respondent: Smt.Madhu Malt
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI B.R. BASKARAN, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.3387/Mum/2023 (Assessment Year: 2011-12) M/s Om Developers vs DCIT, Central Circle-1, Thane Mukund Niwas, Near Shwet Plaza Building, Viva Jangid Complex, Manvel Pada Road Virar (East) – 401 303 PAN: AAGFO2713A APPELLANT Asher IT Park, 6th Floor, Road No.167-Z, Wagle Industrial Estate, Thane (West) – 400 604 RESPONDENT I.T.A No.3388/Mum/2023 A.Y. 2011-12 I.T.A No.3389/Mum/2023 A.Y. 2012-13 I.T.A No.3390/Mum/2023 A.Y. 2013-14 I.T.A No.3391/Mum/2023 A.Y. 2014-…

Mr Pramod Mukund Dalvi, Mumbai vs. DCIT Central Circle-1, Thane

ITA 3389/MUM/2023[2012-13]Status: DisposedITAT Mumbai22 Oct 2024AY 2012-13

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek JainFor Respondent: Smt.Madhu Malt
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI B.R. BASKARAN, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.3387/Mum/2023 (Assessment Year: 2011-12) M/s Om Developers vs DCIT, Central Circle-1, Thane Mukund Niwas, Near Shwet Plaza Building, Viva Jangid Complex, Manvel Pada Road Virar (East) – 401 303 Asher IT Park, 6th Floor, Road No.167-Z, Wagle Industrial Estate, Thane (West) – 400 604 PAN: AAGFO2713A APPELLANT RESPONDENT I.T.A No.3388/Mum/2023 Α.Υ. 2011-12 I.T.A No.3389/Mum/2023 Α.Υ. 2012-13 I.T.A No.3390/Mum/2023 Α.Υ. 2013-14 I.T.A No.3391/Mum/2023 Α.Υ. 2014-…

Pramod Mukund Dalvi, Thane vs. DCIT CC, Thane

ITA 3388/MUM/2023[2011-12]Status: DisposedITAT Mumbai22 Oct 2024AY 2011-12

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek Jain
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI B.R. BASKARAN, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.3387/Mum/2023 (Assessment Year: 2011-12) M/s Om Developers vs DCIT, Central Circle-1, Thane Mukund Niwas, Near Shwet Plaza Building, Viva Jangid Complex, Manvel Pada Road Virar (East) - 401 303 PAN: AAGFO2713A APPELLANT Asher IT Park, 6th Floor, Road No.167-Z, Wagle Industrial Estate, Thane (West) – 400 604 RESPONDENT I.T.A No.3388/Mum/2023 A.Y. 2011-12 I.T.A No.3389/Mum/2023 A.Y. 2012-13 I.T.A No.3390/Mum/2023 A.Y. 2013-14 I.T.A No.3391/Mum/2023 A.Y. 2014-…

Om Developers, Thane vs. DCIT CC, Thane

ITA 3387/MUM/2023[2011-12]Status: DisposedITAT Mumbai22 Oct 2024AY 2011-12

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek JainFor Respondent: Smt.Madhu
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI B.R. BASKARAN, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.3387/Mum/2023 (Assessment Year: 2011-12) M/s Om Developers vs DCIT, Central Circle-1, Thane Mukund Niwas, Near Shwet Asher IT Park, 6th Floor, Road Plaza Building, Viva Jangid No.167-Z, Wagle Industrial Estate, Complex, Manvel Pada Road Thane (West) – 400 604 Virar (East) - 401 303 PAN: AAGFO2713A APPELLANT RESPONDENT I.T.A No.3388/Mum/2023 A.Y. 2011-12 I.T.A No.3389/Mum/2023 A.Y. 2012-13 I.T.A No.3390/Mum/2023 A.Y. 2013-14 I.T.A No.3391/Mum/2023 A.Y. 2014…

Mrs Sujata Pramod Dalvi, Thane vs. DCIT CC, Thane

In the result assessee’sground no

ITA 3385/MUM/2023[2016-17]Status: DisposedITAT Mumbai22 Oct 2024AY 2016-17

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek JainFor Respondent: Smt.Madhu Malti Ghosh (CIT
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI B.R. BASKARAN, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.3387/Mum/2023 (Assessment Year: 2011-12) M/s Om Developers vs DCIT, Central Circle-1, Thane Asher IT Park, 6th Floor, Road Mukund Niwas, Near Shwet Plaza Building, Viva Jangid No.167-Z, Wagle Industrial Estate, Complex, Manvel Pada Road Thane (West) – 400 604 Virar (East) – 401 303 PAN : AAGFO2713A APPELLANT RESPONDENT I.T.A No.3388/Mum/2023 - A.Y. 2011-12 I.T.A No.3389/Mum/2023 - A.Y. 2012-13 I.T.A No.3390/Mum/2023 - A.Y. 2013-14 I.T.A No.3391/Mum/2023…

Sujata Pramod Dalvi, Thane vs. DCIT CC, Thane

ITA 3384/MUM/2023[2015-16]Status: DisposedITAT Mumbai22 Oct 2024AY 2015-16

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek JainFor Respondent: Smt.Madhu Malt
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI B.R. BASKARAN, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.3387/Mum/2023 (Assessment Year: 2011-12) M/s Om Developers vs DCIT, Central Circle-1, Thane Mukund Niwas, Near Shwet Asher IT Park, 6th Floor, Road Plaza Building, Viva Jangid No.167-Z, Wagle Industrial Estate, Complex, Manvel Pada Road Thane (West) – 400 604 Virar (East) – 401 303 PAN: AAGFO2713A APPELLANT RESPONDENT I.T.A No.3388/Mum/2023 A.Y. 2011-12 I.T.A No.3389/Mum/2023 A.Y. 2012-13 I.T.A No.3390/Mum/2023 A.Y. 2013-14 I.T.A No.3391/Mum/2023 A.Y. 2014-…

Sujata Pramod Dalvi, Thane vs. DCIT CC, Thane

ITA 3382/MUM/2023[2013-14]Status: DisposedITAT Mumbai22 Oct 2024AY 2013-14

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek JainFor Respondent: Smt.Madhu Malt
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI B.R. BASKARAN, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.3387/Mum/2023 (Assessment Year: 2011-12) M/s Om Developers vs DCIT, Central Circle-1, Thane Mukund Niwas, Near Shwet Plaza Building, Viva Jangid Complex, Manvel Pada Road Virar (East) - 401 303 PAN: AAGFO2713A APPELLANT Asher IT Park, 6th Floor, Road No.167-Z, Wagle Industrial Estate, Thane (West) – 400 604 RESPONDENT I.T.A No.3388/Mum/2023 A.Y. 2011-12 I.T.A No.3389/Mum/2023 A.Y. 2012-13 I.T.A No.3390/Mum/2023 A.Y. 2013-14 I.T.A No.3391/Mum/2023 A.Y. 2014-…

Sujata Pramod Dalvi, Thane vs. DCIT CC, Thane

In the result assessee’sground no

ITA 3381/MUM/2023[2012-13]Status: DisposedITAT Mumbai22 Oct 2024AY 2012-13

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek JainFor Respondent: Smt.Madhu Malti Ghosh (CIT
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI B.R. BASKARAN, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.3387/Mum/2023 (Assessment Year: 2011-12) M/s Om Developers vs DCIT, Central Circle-1, Thane Asher IT Park, 6th Floor, Road Mukund Niwas, Near Shwet Plaza Building, Viva Jangid No.167-Z, Wagle Industrial Estate, Complex, Manvel Pada Road Thane (West) – 400 604 Virar (East) – 401 303 PAN : AAGFO2713A APPELLANT RESPONDENT I.T.A No.3388/Mum/2023 - A.Y. 2011-12 I.T.A No.3389/Mum/2023 - A.Y. 2012-13 I.T.A No.3390/Mum/2023 - A.Y. 2013-14 I.T.A No.3391/Mum/2023…

Sujata Pramod Dalvi, Thane vs. DCIT CC, Thane

ITA 3380/MUM/2023[2011-12]Status: DisposedITAT Mumbai22 Oct 2024AY 2011-12

Bench: Shri B.R. Baskaran & Shri Anikesh Banerjee

For Appellant: Mr. Mani Jain & Prateek JainFor Respondent: Smt.Madhu Malti Ghosh (CIT DR)&
Section 131Section 133(6)Section 143(3)Section 153DSection 250Section 44ASection 69Section 69ASection 69C

…normal assessment are to be abated and assessment shall be completed as per the provisions of section 153C. For this proposition, Id. AR derived support from the decision of the coordinate bench of ITAT-Delhi inBNB Investment & Properties vs DCIT CC-1 [2018] 68 ITR (Trib) 567 / 2018 (8) TMI 597 - ITAT DELHI.The observation of the bench is as follows. “8. It is not in dispute that search was conducted on Krrish Group of cases on 09.11.2011. The impounded documents have been received by the A.O. on 29.08.2013. The satisfaction under section 153C have been recorded on 03.10.2013. The A.O. passed the assessment orde…

Investment & Properties v. DCIT CC-1 (68 ITR (Trib) 567) — Cited in 13 Judgments | BharatTax