JMS Mining (P.) Ltd. v. PCIT

First Abu Dhabi Bank Pjsc, Mumbai vs. Deputy Commissioner of Income Tax (International Taxation)-Circle 2(3)(1), Mumbai

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

Bench: Shri Amit Shukla & Shri Amarjit Singhfirst Abu Dhabi Bank Vs. Deputy Commissioner Of Pjsc, Unit No.1101 & Income-Tax (It), Circle 1201 Platina Building, C- 2(3)(1), Room No. 1614, 59, G Block, Bandra Kurla 16Th Floor, Air India Complex, Bandra East, Building, Nariman Point, Mumbai – 400051 Mumbai – 400021 स्थायी लेखा सं./जीआइआर सं./Pan/Gir No:Aaecn2845F Appellant .. Respondent Appellant By : Madhur Agarwal Respondent By : Anil Sant Date Of Hearing 07.02.2024 Date Of Pronouncement 27.02.2024 आदेश / O R D E R Per Amarjit Singh (Am): This Appeal Filed By The Assessee Is Directed Against The Order Passed By The Deputy Commissioner Of Income Tax, International Taxation, Circle 2(3)(1), Mumbai-2, Dated 20.07.2023 For A.Y. 2020-21. The Assessee Has Raised The Following Grounds Before Us: 1. Ground No. 1: The Learned Ao Has, On The Facts & Circumstances Of The Case & In Law, Erred In Initiating & Completing Assessment Proceedings Under Section 143(3) Of The Act Without Issuing A Valid Notice Under Section 143(2) Of The Act Ie, The Notice Under Section 143(2) Of The Act Dated 29 June 2021 For Initiating Assessment Was Issued By National Faceless Assessment Centre (Nafac) Instead Of Being Issued By The Learned Ao (I.E Jurisdictional Assessing Officer) 2. Ground No. 2:

…P a g e | 1 First Abu Dhabi Bank Vs. DCIT(IT) Circle 2(3)(1) IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER & SHRI AMARJIT SINGH, ACCOUNTANT MEMBER First Abu Dhabi Bank Vs. Deputy Commissioner of PJSC, Unit No.1101 and Income-tax (IT), Circle 1201 Platina Building, C- 2(3)(1), Room No. 1614, 59, G Block, Bandra Kurla 16th Floor, Air India Complex, Bandra East, Building, Nariman Point, Mumbai – 400051 Mumbai – 400021 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No:AAECN2845F Appellant .. Respondent Appellant by : Madhur Agarwal Respondent by : Anil Sant Date of Hearing 07…

ACIT-3(1)(1), Mumbai vs. Rustomjee Realty Pvt. Ltd., Mumbai

In the result, the appeal by the Revenue is partly allowed for statistical purposes

Bench: Shri Om Prakash Kant & Shri Sandeep Singh Karhail

…IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, MUMBAI BEFORE SHRI OM PRAKASH KANT, ACCOUNTANT MEMBER AND SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA no.1585/Mum./2023 (Assessment Year : 2020-21) Asstt. Commissioner of Income Tax ……………. Appellant Circle-3(1)(1), Mumbai v/s M/s. Rustomjee Realty Private Limited 702, Natraj, M.V. Road, Junction ……………. Respondent W E Highway, Andheri (East) Mumbai 400 069 PAN–AACCR9804N Assessee by : Shri Naresh Kumar Revenue by : Smt. Sanyogita Nagpal Date of Hearing – 11/10/2023 Date of Order – 28/11/2023 O R D E R PER SANDEEP SINGH KARHAIL, J.M. The present appeal has b…

Savita Oil Technologies Ltd, Mumbai vs. ACIT, CC-8(4), Mumbai

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri Aby T. Varkey, Jm & Shri Amarjit Singh, Am आयकर अपील सं/ I.T.A. No.1258/Mum/2023 (निर्धारण वर्ा / Assessment Year: 2017-18) Savita Oil Technologies बिधम/ Acit, Central Circle-8(4) Ltd. Room No. 659, Aayakar Vs. 66/67, Nariman Bhavan, Bhavan, M. K. Road, Nariman Point, Mumbai- New Marine Line, 400021. Mumbai-400020. स्थधयी लेखध सं./जीआइआर सं./Pan/Gir No. : Aaafs3513J (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent) Assessee By: Shri Yogesh Thar/Chaitanya Joshi Revenue By: Shri Ram Krishna Kedia (Sr. Ar) Shri Virabhadra Mahanjan (Sr. Ar) सुनवाई की तारीख / Date Of Hearing: 04/07/2023/ (20/10/2023) घोषणा की तारीख /Date Of Pronouncement: 25/10/2023 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-50, Mumbai Dated 24.02.2023 For Assessment Year 2017-18. 2. The First Ground Of Appeal Of The Assessee Is As Under: - “1(A) The Appellant Submits That The Learned Commissioner Of Income-Tax (Appeals) [(“Cit(A)”)] Erred In Not Allowing The Claim Towards Expenditure On Account Of Gratuity Representing Amount Actual Paid To An Approved Gratuity Fund Of Rs.83,69,981/- Representing Employer'S Contribution. (B) The Appellant Submits That Cit(A) Failed To Appreciate That The Aforesaid Amount Of Rs.83,69,981/- Was Paid On Or Before The Due Date For Filing Its Return Of Income For Assessment Year 2017-18 To An Approved Gratuity Fund

…IN THE INCOME TAX APPELLATE TRIBUNAL “G” BENCH, MUMBAI BEFORE SHRI ABY T. VARKEY, JM AND SHRI AMARJIT SINGH, AM आयकर अपील सं/ I.T.A. No.1258/Mum/2023 (निर्धारण वर्ा / Assessment Year: 2017-18) Savita Oil Technologies बिधम/ ACIT, Central Circle-8(4) Ltd. Room No. 659, Aayakar Vs. 66/67, Nariman Bhavan, Bhavan, M. K. Road, Nariman Point, Mumbai- New Marine Line, 400021. Mumbai-400020. स्थधयी लेखध सं./जीआइआर सं./PAN/GIR No. : AAAFS3513J (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent) Assessee by: Shri Yogesh Thar/Chaitanya Joshi Revenue by: Shri Ram Krishna Kedia (Sr. AR) Shri Virabhadra Mahanjan (SR. AR) सुनव…

Fdc Limited, Mumbai vs. PCIT, Cir-1, Mumbai

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

Bench: Shri B.R. Baskaran (Am) & Shri Rahul Chaudhary (Jm)

…IN THE INCOME TAX APPELLATE TRIBUNAL Mumbai “F” Bench, Mumbai. Before Shri B.R. Baskaran (AM) & Shri Rahul Chaudhary (JM) I.T.A. No. 1031/Mum/2023 (A.Y. 2018-19) Vs. PCIT, Circle-1 FDC Limited 142-148, Ghaswala Estate Room No. 330 S.V. Road, Jogeshwari 3rd Floor West, Mumbai-400 102. Aayakar Bhavan M.K. Road PAN : AAACF0253H Mumbai-400 020. (Appellant) (Respondent) Assessee by Dr. K. Shivram, Shri Rahul Hakani & Shri Jay Bansali Department by Shri Ankush Kapoor Date of Hearing 21.06.2023 Date of Pronouncement 02.08.2023 O R D E R Per B.R.Baskaran (AM) :- The assessee has filed this appeal challenging the…

Bajaj Electricals Ltd., Mumbai vs. Pr. CIT-2, Mumbai

In the result, appeal filed by the assessee is allowed

Bench: Shri Vikas Awasthy & Shri Gagan Goyalbajaj Electricals Limited., 45-47, Bombay Life Building, V.N. Road, Fort, Mumbai - 400001. Pan: Aaacb2484Q ...... Appellant Vs. Pr.Cit-2 Room No. 344, Aayakar Bhavan, M.K. Road, Mumbai - 400020. ..... Respondent Appellant By : Sh. Nitesh Joshi, Adv. Respondent By : Sh. Mahes Akhade, Cit-Dr Date Of Hearing : 03/10/2022 Date Of Pronouncement : 02/01/2023 Order Per Gagan Goyal, A.M: This Appeal By The Assessee Is Directed Against The Order Of Pr. Commissioner Of Income Tax-2; Mumbai (For Short ‘Pcit’) Dated 31.03.2021 Under Section 143(3) Of The Income Tax Act, 1961 (For Short ‘The Act’) For A.Y. 2016-17. The Assessee Has Raised The Following Grounds Of Appeal: (A) Grounds On Validity Of Proceedings Under Section 263: 1. On The Facts & In The Circumstances Of The Case & In Law, The Principal Commissioner Of Income-Tax Erred In Making A Revision Under Section 263 To Set

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “B”, MUMBAI BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER AND SHRI GAGAN GOYAL, ACCOUNTANT MEMBER Bajaj Electricals Limited., 45-47, Bombay Life Building, V.N. Road, Fort, Mumbai - 400001. PAN: AAACB2484Q ...... Appellant Vs. Pr.CIT-2 Room No. 344, Aayakar Bhavan, M.K. Road, Mumbai - 400020. ..... Respondent Appellant by : Sh. Nitesh Joshi, Adv. Respondent by : Sh. Mahes Akhade, CIT-DR Date of hearing : 03/10/2022 Date of pronouncement : 02/01/2023 ORDER PER GAGAN GOYAL, A.M: This appeal by the assessee is directed against the order of Pr. Commissioner of Income T…

Reliance Home Financ Ltd., Mumbai vs. Pr. CIT-8, Mumbai

Bench: Shri Rajesh Kumar & Shri Amarjit Singh

…IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH “D”, MUMBAI BEFORE SHRI RAJESH KUMAR, ACCOUNTANT MEMBER AND SHRI AMARJIT SINGH, JUDICIAL MEMBER ITA Nos.815 & 814/M/2021 Assessment Years: 2015-16 & 2016-17 M/s. Reliance Home Principle Commissioner Finance Ltd., of Income Tax-8, 11th Floor, Room No.611, The Ruby, 6th Floor, Vs. North-West Wing, Aayakar Bhavan, Senapati Bapat Marg, M.K. Road, Dadar (West), Mumbai - 400020 Mumbai – 400 028 PAN: AAEFC0305E (Appellant) (Respondent) Present for: Assessee by : Shri Yogesh Thar, A.R. & Shri Chaitanya D. Joshi, A.R. Revenue by : Shri Shekhar Gajbhiy, D.R. Date of…