M/s. Finian Estate Developers P Ltd. v. ITO

142 TTJ 545Income Tax Appellate Tribunal#16727 most cited

judgments rely on this decision, according to BharatTax’s citation analysis of 365,807 Indian tax judgments — from 2015 to 2016.

Judgments citing M/s. Finian Estate Developers P Ltd. v. ITO

ITO, New Delhi vs. M/S. Philia Estate Developers Pvt. Ltd., New Delhi

In the result, the appeal filed by the Revenue stands dismissed

ITA 2123/DEL/2014[2007-08]Status: DisposedITAT Delhi05 Sept 2016AY 2007-08

Bench: Shri H.S. Sidhu & Shri O.P. Kant

For Appellant: Sh. R.S. SINGHVI, CAFor Respondent: Sh. FR MEENA, SR. DR

Section 194HSection 271(1)(c)Section 40

…ench Delhi in the case of Zebina Real Estate P. Ltd. vs. ITO in ITA No. 1429/D/2011 and 1430/D/2011 order dated 12.4.2013 the Tribunal has followed the order dated 5th October,2011 passed in the case of M/s. Finian Estate Developers P Ltd. vs. ITO reported in 142 TTJ 545 (Del) which is also a group company of the assessee group. 4. Ld. AR contended that except amount of addition all facts and circumstances of the present case are similar to the case of Philana Builders & Developers P Ltd. vs ITO (supra). Therefore the issue is squarely covered in favour of the assessee by the order of the coordinate bench of the…

ITO, New Delhi vs. M/S. Philana Builders & Developers Pvt. Ltd., New Delhi

In the result, the appeal filed by the Revenue stands dismissed

ITA 2122/DEL/2014[2007-08]Status: DisposedITAT Delhi05 Sept 2016AY 2007-08

Bench: Shri H.S. Sidhu & Shri O.P. Kant

For Appellant: Sh. R.S. SINGHVI, CAFor Respondent: Sh. FR MEENA, SR. DR

Section 194HSection 271(1)(c)Section 40

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “F”, NEW DELHI BEFORE SHRI H.S. SIDHU, JUDICIAL MEMBER AND SHRI O.P. KANT, ACCOUNTANT MEMBER I.T.A. No.2122/DEL/2014 A.Y. : 2007-08 INCOME TAX OFFICER, M/S PHILANA BUILDERS & WARD 14(2), VS. DEVELOPERS PRIVATE ROOM NO. 209, 2ND FLOOR, LIMITED, CR BUILDING, I.P. ESTATE, I-E, NAAZ CINEMA NEW DELHI COMPLEX, JHANDEWALAN EXTN., NEW DELHI (PAN:AAECP3348P) (APPELLANT) (RESPONDENT) Department by : Sh. FR MEENA, SR. DR Assessee by : Sh. R.S. SINGHVI, CA Date of Hearing : 08-08-2016 Date of Order : 05-09-2016 ORDER PER H.S. SIDHU, JM Revenue has filed the appeal agai…

Philia Estates Developers Pvt. Ltd., New Delhi vs. ITO, New Delhi

In the result appeal of the assessee is allowed

ITA 1950/DEL/2011[2007-08]Status: DisposedITAT Delhi28 Apr 2016AY 2007-08

Bench: Shri Chandra Mohan Garg & Shri L.P. Sahuassessment Year: 2007-08

For Appellant: Shri R.S. Singhvi, CAFor Respondent: Shri Ashis Chandra Mohanty, Sr. DR

Section 194CSection 40

…Zebina Real Estate P. Ltd. vs. ITO in ITA No. 1429/D/2011 and 1430/D/2011 order dated 12.4.2013 the Tribunal has followed the order dated 5th October,2011 passed in the case of M/s. Finian Estate 4 Asstt. Year: 2007-08 Developers P Ltd. vs. ITO reported in 142 TTJ 545 (Del) which is also a group company of the assessee group. 4. Ld. AR contended that except amount of addition all facts and circumstances of the present case are similar to the case of Philana Builders & Developers P Ltd. vs ITO (supra). Therefore the issue is squarely covered in favour of the assessee by the order of the coordinate bench of t…

Philana Builders & Developers Pvt. Ltd., New Delhi vs. ITO, New Delhi

In the result, the appeal of the assessee is allowed

ITA 1949/DEL/2011[2007-08]Status: DisposedITAT Delhi11 Feb 2016AY 2007-08

Bench: Shri N.K. Saini & Smt. Beena Pillai

Section 143(2)Section 194CSection 40

…tober, 2011. We further submit that the ‘H’ Bench of the Tribunal in the case of Zebina Real Estate P. Ltd. vs. ITO in ITA No. 1429/D/2011 and 1430/D/2011 order dated 12.4.2013 followed the judgment of Tribunal in the case of Finian Estates Developers P. Ltd. 142 TTJ 545 (Del) and allowed the appeal of the assessee. 7.1. The ld. AR further submitted that against the order of Finail Estate Developers (supra) the Revenue has not preferred any appeal before the Hon’ble High Court. 7.2. The ld. AR has also placed reliance on the decision of this Tribunal in the case of Penthea Builders & Developers P. Ltd. in ITA No.…

Zubeda Real Estate Pvt. Ltd., New Delhi vs. ITO, New Delhi

In the result, the appeal filed by the assessee is allowed

ITA 4749/DEL/2011[2007-08]Status: DisposedITAT Delhi23 Dec 2015AY 2007-08

Bench: Shri I.C. Sudhir & Shri L.P. Sahuasstt.Year: 2007-08

For Appellant: Shri R.S. Singhvi, CAFor Respondent: Shri S.R. Sampath, Sr. DR

Section 143(3)Section 194CSection 234ASection 234BSection 40

…f the appellant at the year end. 5. The Id. counsel for the assessee has further placed reliance on the Tribunal decision (authored by one of us - the JM), dated 05.10.2011, in ITA No.2361/Del/2011 and 1953/Del/2011 for Assessment Year 2007-08 reported as 142 TTJ 545 (Del) in the case of 'Finian Estates Developers (P) Ltd.' (copy at pages 40-50 of the appeal file). The Id. counsel for the assessee has I.T.A. No. 4741/Del/2014 Assessment year 2007-08 contended that in 'Finian Estates Developers (P) Ltd. (supra), under similar circumstances, the provisions of Section 40(a) (ia) of the IT Act have been held t…