Marketing Pvt. Ltd. v. DCIT

122 Taxmann.com 40Reported decision2020#2841 most cited

What is Marketing Pvt. Ltd. v. DCIT authority for?

Where goodwill is recorded pursuant to a merger based on purchase consideration determined by a valuation report, and no goodwill is transferred from the predecessor's books, the fifth proviso to section 32(1) of the Income-tax Act, 1961, is not applicable, and thus depreciation on such goodwill is not allowable.

41

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2022 to 2026.

Also referred to as

Urmin Marketing Pvt. Ltd. · 122 taxmann.com 40 · section 32(1) · fifth proviso · goodwill · amalgamation · merger · depreciation on goodwill · purchase consideration · valuation report

Sections most often in play

Section 32(1)Section 43(1)Section 2(1B)Section 49(1)(iii)(e)Section 143(2)Section 14ASection 43(6)(c)Section 148

Issues it is cited on

goodwill arising on amalgamationsection 43(6)(c)section 55(2)section 43(6)depreciation on goodwillsection 49resulting companysection 14(2)section 43(1)business transfer agreementsection 72atransferor company

Judgments citing Marketing Pvt. Ltd. v. DCIT

DCIT-CC-5(3), Mumabi, Mumbai vs. Jwl Cold Store Private Limited, Panvel, Maharashtra

In the result, appeal of the revenue is dismissed

ITA 3098/MUM/2023[2014-15]Status: DisposedITAT Mumbai31 Jul 2024AY 2014-15

Bench: Shri Pavan Kumar Gadale, Hon’Ble & Shri Girish Agrawal, Hon’Ble

For Appellant: Shri Satish Mody, A/RFor Respondent: Ms. Rajeshwari Menon, Sr. D/R
Section 115JSection 143(3)Section 56(2)(viib)

…| | आयकर अपील"य अ"धकरण "यायपीठ, मुंबई | | | IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SHRI PAVAN KUMAR GADALE, HON’BLE JUDICIAL MEMBER & SHRI GIRISH AGRAWAL, HON’BLE ACCOUNTANT MEMBER I.T.A. No. 3098/Mum/2023 Assessment Year: 2014-15 DCIT – CC, 5(3), Mumbai JWL Cold Store Private Vs Limited, Panvel Air India Building 19th Floor, Room No. 1906 Nariman Point Mumbai - 400021 [PAN: AACCJ8416G] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee by : Shri Satish Mody, A/R Revenue by : Ms. Rajeshwari Menon, Sr. D/R सुनवाई क" तार"ख/Date of Hearing : 05/06/2024 घोषणा क" तार"ख /Date of Pronouncement:…

Gati Kintetsu Express Private Limited, Mumbai vs. Dy.Commissioner of Income, Cirlce 14(1)(2)Tax, Mumbai

In the result, In the result, appeal for AY 2013-14 is allowed partly for 14 is allowed partly for statistical purposes, purposes, appeal for AY 2014-15 is partly allowed, is partly allowed, appeal...

ITA 2833/MUM/2023[2017-18]Status: DisposedITAT Mumbai13 May 2024AY 2017-18

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail ()

For Respondent: Mr. Madhur Agrawal
Section 143(3)Section 250

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “G” MUMBAI BEFORE SHRI OM PRAKASH KANT (ACCOUNTANT MEMBER) AND SHRI SANDEEP SINGH KARHAIL (JUDICIAL MEMBER) ITA Nos. 2829 to 2833/MUM/2023 Assessment Year: 2013-14 to 2017-18 M/s Gati Kintetsu Express Pvt. Ass./Dy. CIT, Circle 14(1)(2), Ltd, Room No. 455, 4th floor, 4th floor, A Wing, Allcargo House, Vs. Aayakar Bhavan, M.K. Road, CST Road, Kalina, Mumbai-400020. Santacruz (East), Mumbai-400098. PAN NO. AADCG 2096 A Appellant Respondent : Mr. Madhur Agrawal, Assessee by Mr. Fenil Bhatt & Mr. C.C. Dangi : Ms. R A Dhyani, CIT-DR Revenue by : 19/02/2024 Date of Hear…

Gati Kintetsu Express Private Limited, Maharashtra and Mumbai vs. Dy. Commissioner of Income Tax, Circle 14(1)(2), Mumbai, Maharashtra and Mumbai

In the result, In the result, appeal for AY 2013-14 is allowed partly for 14 is allowed partly for statistical purposes, purposes, appeal for AY 2014-15 is partly allowed, is partly allowed, appeal...

ITA 2832/MUM/2023[ASS YEAR 2016 - 2017]Status: DisposedITAT Mumbai13 May 2024

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail ()

For Respondent: Mr. Madhur Agrawal
Section 143(3)Section 250

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “G” MUMBAI BEFORE SHRI OM PRAKASH KANT (ACCOUNTANT MEMBER) AND SHRI SANDEEP SINGH KARHAIL (JUDICIAL MEMBER) ITA Nos. 2829 to 2833/MUM/2023 Assessment Year: 2013-14 to 2017-18 M/s Gati Kintetsu Express Pvt. Ass./Dy. CIT, Circle 14(1)(2), Ltd, Room No. 455, 4th floor, 4th floor, A Wing, Allcargo House, Vs. Aayakar Bhavan, M.K. Road, CST Road, Kalina, Mumbai-400020. Santacruz (East), Mumbai-400098. PAN NO. AADCG 2096 A Appellant Respondent : Mr. Madhur Agrawal, Assessee by Mr. Fenil Bhatt & Mr. C.C. Dangi : Ms. R A Dhyani, CIT-DR Revenue by : 19/02/2024 Date of Hear…

Gati Kintetsu Express Private Limited, Maharashtra and Mumbai vs. Dy. Commissioner of Income Tax, Circle 14(1)(2), Mumbai, Maharashtra and Mumbai

In the result, In the result, appeal for AY 2013-14 is allowed partly for 14 is allowed partly for statistical purposes, purposes, appeal for AY 2014-15 is partly allowed, is partly allowed, appeal...

ITA 2831/MUM/2023[ASS YEAR 2015-2016]Status: DisposedITAT Mumbai13 May 2024

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail ()

For Respondent: Mr. Madhur Agrawal
Section 143(3)Section 250

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “G” MUMBAI BEFORE SHRI OM PRAKASH KANT (ACCOUNTANT MEMBER) AND SHRI SANDEEP SINGH KARHAIL (JUDICIAL MEMBER) ITA Nos. 2829 to 2833/MUM/2023 Assessment Year: 2013-14 to 2017-18 M/s Gati Kintetsu Express Pvt. Ass./Dy. CIT, Circle 14(1)(2), Ltd, Room No. 455, 4th floor, 4th floor, A Wing, Allcargo House, Vs. Aayakar Bhavan, M.K. Road, CST Road, Kalina, Mumbai-400020. Santacruz (East), Mumbai-400098. PAN NO. AADCG 2096 A Appellant Respondent : Mr. Madhur Agrawal, Assessee by Mr. Fenil Bhatt & Mr. C.C. Dangi : Ms. R A Dhyani, CIT-DR Revenue by : 19/02/2024 Date of Hear…

Gati Kintetsu Express Private Limited, Mumbai vs. Dy Commissioner of Income Tax, Circle 14(1)(2), Mumbai

In the result, In the result, appeal for AY 2013-14 is allowed partly for 14 is allowed partly for statistical purposes, purposes, appeal for AY 2014-15 is partly allowed, is partly allowed, appeal...

ITA 2830/MUM/2023[ASST YEAR 2014-15]Status: DisposedITAT Mumbai13 May 2024

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail ()

For Respondent: Mr. Madhur Agrawal
Section 143(3)Section 250

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “G” MUMBAI BEFORE SHRI OM PRAKASH KANT (ACCOUNTANT MEMBER) AND SHRI SANDEEP SINGH KARHAIL (JUDICIAL MEMBER) ITA Nos. 2829 to 2833/MUM/2023 Assessment Year: 2013-14 to 2017-18 M/s Gati Kintetsu Express Pvt. Ass./Dy. CIT, Circle 14(1)(2), Ltd, Room No. 455, 4th floor, 4th floor, A Wing, Allcargo House, Vs. Aayakar Bhavan, M.K. Road, CST Road, Kalina, Mumbai-400020. Santacruz (East), Mumbai-400098. PAN NO. AADCG 2096 A Appellant Respondent : Mr. Madhur Agrawal, Assessee by Mr. Fenil Bhatt & Mr. C.C. Dangi : Ms. R A Dhyani, CIT-DR Revenue by : 19/02/2024 Date of Hear…

Gati Kintetsu Express Pvt. Ltd, Maharashtra and Mumbai vs. Dy. Commissioner of Income Tax, Circle 14(1)(2), Mumbai, Maharashtra and Mumbai

ITA 2829/MUM/2023[ASS YEAR 2013-2014]Status: DisposedITAT Mumbai13 May 2024

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail ()

For Respondent: Mr. Madhur Agrawal
Section 143(3)Section 250

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “G” MUMBAI BEFORE SHRI OM PRAKASH KANT (ACCOUNTANT MEMBER) AND SHRI SANDEEP SINGH KARHAIL (JUDICIAL MEMBER) ITA Nos. 2829 to 2833/MUM/2023 Assessment Year: 2013-14 to 2017-18 M/s Gati Kintetsu Express Pvt. Ltd, 4th floor, A Wing, Allcargo House, CST Road, Kalina, Santacruz (East), Mumbai-400098. PAN NO. AADCG 2096 A Appellant Vs. Assessor by Revenue by Date of Hearing Date of pronouncement Ass./Dy. CIT, Circle 14(1)(2), Room No. 455, 4th floor, Aayakar Bhavan, M.K. Road, Mumbai-400020. Respondent : Mr. Madhur Agrawal, Mr. Fenil Bhatt & Mr. C.C. Dangi : Ms. R A Dh…

Kifs International LLP, Ahmedabad vs. National Faceless Assessment Centre, Delhi Presently With ACIT, Central Circle-1(4), Ahmedabad

ITA 684/AHD/2023[2018-19]Status: DisposedITAT Ahmedabad08 Feb 2024AY 2018-19

Bench: Shri Waseem Ahmed & Ms. Madhumita Royआयकर अपील सं./I.T.A. Nos. 682, 683 & 684/Ahd/2023 ("नधा"रण वष" / Assessment Years : 2016-17 To 2018-19) Kifs International Llp Acit बनाम/ B-81, Pariseema Complex, Circle-5(2)(1), Vs. C. G. Road, Ellisbridge, Narayan Chambers Ahmedabad 380006 Building, Ashram Road, Ahmedabad [Presently With Acit, Central Circle 1(4), 3Rd Floor, Aaykar Bhavan, Ashrma Road, Ahmedabad "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaqfk2892L (Appellant) .. (Respondent) Shri Tushar Hemani, Sr. Advocate & Assessee By : Shri Parimalsinh B. Parmar, A.Rs. Revenue By : Shri Ritesh Parmar, Cit. Dr & Shri Rajdeep Singh, Sr.Dr (On 08.11.2023) & Shri Kamlesh Makwana, Cit.Dr (On 30.01.2024) सुनवाई क" तार"ख / Date Of 08/11/2023 & 30.01.2024 Hearing घोषणा क" तार"ख /Date Of 08/02/2024 Pronouncement O R D E R Per Ms. Madhumita Roy - Jm: The Bunch Of Three Appeals Filed By The Assessee Are Directed Against The Common Order Dated 14.08.2023 Passed By Ld. Commissioner Of Income Tax (Appeals)-11, Ahmedabad (In Short ‘Cit(A)’) Arising Out Of The Orders Dated

For Appellant: Shri Parimalsinh B. Parmar, A.RsFor Respondent: Shri Ritesh Parmar, CIT. DR & Shri
Section 143(3)Section 147Section 32Section 32(1)Section 43(6)

…IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, AHMEDABAD BEFORE SHRI WASEEM AHMED, ACCOUNTANT MEMBER & Ms. MADHUMITA ROY, JUDICIAL MEMBER आयकर अपील सं./I.T.A. Nos. 682, 683 & 684/Ahd/2023 ("नधा"रण वष" / Assessment Years : 2016-17 to 2018-19) KIFS International LLP ACIT बनाम/ B-81, Pariseema Complex, Circle-5(2)(1), Vs. C. G. Road, Ellisbridge, Narayan Chambers Ahmedabad 380006 Building, Ashram Road, Ahmedabad [Presently with ACIT, Central Circle 1(4), 3rd Floor, Aaykar Bhavan, Ashrma Road, Ahmedabad "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAQFK2892L (Appellant) .. (Respondent) Shri Tushar Hemani, Sr. Advocate…

Kifs International LLP, Ahmedabad vs. The ACIT, Circle-5(2)(1) Presently With ACIT, Central Circle-1(4), Ahmedabad

ITA 683/AHD/2023[2017-18]Status: DisposedITAT Ahmedabad08 Feb 2024AY 2017-18

Bench: Shri Waseem Ahmed & Ms. Madhumita Royआयकर अपील सं./I.T.A. Nos. 682, 683 & 684/Ahd/2023 ("नधा"रण वष" / Assessment Years : 2016-17 To 2018-19) Kifs International Llp Acit बनाम/ B-81, Pariseema Complex, Circle-5(2)(1), Vs. C. G. Road, Ellisbridge, Narayan Chambers Ahmedabad 380006 Building, Ashram Road, Ahmedabad [Presently With Acit, Central Circle 1(4), 3Rd Floor, Aaykar Bhavan, Ashrma Road, Ahmedabad "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaqfk2892L (Appellant) .. (Respondent) Shri Tushar Hemani, Sr. Advocate & Assessee By : Shri Parimalsinh B. Parmar, A.Rs. Revenue By : Shri Ritesh Parmar, Cit. Dr & Shri Rajdeep Singh, Sr.Dr (On 08.11.2023) & Shri Kamlesh Makwana, Cit.Dr (On 30.01.2024) सुनवाई क" तार"ख / Date Of 08/11/2023 & 30.01.2024 Hearing घोषणा क" तार"ख /Date Of 08/02/2024 Pronouncement O R D E R Per Ms. Madhumita Roy - Jm: The Bunch Of Three Appeals Filed By The Assessee Are Directed Against The Common Order Dated 14.08.2023 Passed By Ld. Commissioner Of Income Tax (Appeals)-11, Ahmedabad (In Short ‘Cit(A)’) Arising Out Of The Orders Dated

For Appellant: Shri Parimalsinh B. Parmar, A.RsFor Respondent: Shri Ritesh Parmar, CIT. DR & Shri
Section 143(3)Section 147Section 32Section 32(1)Section 43(6)

…IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, AHMEDABAD BEFORE SHRI WASEEM AHMED, ACCOUNTANT MEMBER & Ms. MADHUMITA ROY, JUDICIAL MEMBER आयकर अपील सं./I.T.A. Nos. 682, 683 & 684/Ahd/2023 ("नधा"रण वष" / Assessment Years : 2016-17 to 2018-19) KIFS International LLP ACIT बनाम/ B-81, Pariseema Complex, Circle-5(2)(1), Vs. C. G. Road, Ellisbridge, Narayan Chambers Ahmedabad 380006 Building, Ashram Road, Ahmedabad [Presently with ACIT, Central Circle 1(4), 3rd Floor, Aaykar Bhavan, Ashrma Road, Ahmedabad "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAQFK2892L (Appellant) .. (Respondent) Shri Tushar Hemani, Sr. Advocate…

Kifs International LLP, Ahmedabad vs. The ACIT, Circle-5(2)(1) Presently With ACIT, Central Circle-1(4), Ahmedabad

ITA 682/AHD/2023[2016-17]Status: DisposedITAT Ahmedabad08 Feb 2024AY 2016-17

Bench: Shri Waseem Ahmed & Ms. Madhumita Royआयकर अपील सं./I.T.A. Nos. 682, 683 & 684/Ahd/2023 ("नधा"रण वष" / Assessment Years : 2016-17 To 2018-19) Kifs International Llp Acit बनाम/ B-81, Pariseema Complex, Circle-5(2)(1), Vs. C. G. Road, Ellisbridge, Narayan Chambers Ahmedabad 380006 Building, Ashram Road, Ahmedabad [Presently With Acit, Central Circle 1(4), 3Rd Floor, Aaykar Bhavan, Ashrma Road, Ahmedabad "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaqfk2892L (Appellant) .. (Respondent) Shri Tushar Hemani, Sr. Advocate & Assessee By : Shri Parimalsinh B. Parmar, A.Rs. Revenue By : Shri Ritesh Parmar, Cit. Dr & Shri Rajdeep Singh, Sr.Dr (On 08.11.2023) & Shri Kamlesh Makwana, Cit.Dr (On 30.01.2024) सुनवाई क" तार"ख / Date Of 08/11/2023 & 30.01.2024 Hearing घोषणा क" तार"ख /Date Of 08/02/2024 Pronouncement O R D E R Per Ms. Madhumita Roy - Jm: The Bunch Of Three Appeals Filed By The Assessee Are Directed Against The Common Order Dated 14.08.2023 Passed By Ld. Commissioner Of Income Tax (Appeals)-11, Ahmedabad (In Short ‘Cit(A)’) Arising Out Of The Orders Dated

For Appellant: Shri Parimalsinh B. Parmar, A.RsFor Respondent: Shri Ritesh Parmar, CIT. DR & Shri
Section 143(3)Section 147Section 32Section 32(1)Section 43(6)

…IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, AHMEDABAD BEFORE SHRI WASEEM AHMED, ACCOUNTANT MEMBER & Ms. MADHUMITA ROY, JUDICIAL MEMBER आयकर अपील सं./I.T.A. Nos. 682, 683 & 684/Ahd/2023 ("नधा"रण वष" / Assessment Years : 2016-17 to 2018-19) KIFS International LLP ACIT बनाम/ B-81, Pariseema Complex, Circle-5(2)(1), Vs. C. G. Road, Ellisbridge, Narayan Chambers Ahmedabad 380006 Building, Ashram Road, Ahmedabad [Presently with ACIT, Central Circle 1(4), 3rd Floor, Aaykar Bhavan, Ashrma Road, Ahmedabad "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAQFK2892L (Appellant) .. (Respondent) Shri Tushar Hemani, Sr. Advocate…

M/S. I & B Seeds Private Limited, Bengaluru vs. Assistant Commissioner of Income-Tax, Circle-3(1)(1), Bengaluru

In the result, the appeals of the assessee are partly allowed for statistical purposes

ITA 702/BANG/2023[2020-21]Status: DisposedITAT Bangalore16 Nov 2023AY 2020-21

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Ms. Richa Bakiwala & Shri Hema Sundar, A.RsFor Respondent: Sri Subramanian S., D.R
Section 14ASection 32Section 32(1)

…ITA No.683, 701 & 702/Bang/2023 M/s. I&B Seeds Private Limited, Bangalore IN THE INCOME TAX APPELLATE TRIBUNAL “B’’ BENCH: BANGALORE BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER ITA Nos.683, 701 & 702/Bang/2023 Assessment Years: 2017-18, 2018-19 & 2020-21 M/s. I&B Seeds Private Limited No.15/3A, Noojibail Nursery Dr. Vishnuvardhan Road ACIT Ganakallu Village Circle-3(1)(1) Vs. Kengeri Post Bengaluru Bengaluru 560 060 PAN NO : AADCI6256N APPELLANT RESPONDENT Appellant by : Ms. Richa Bakiwala & Shri Hema Sundar, A.Rs Respondent by : Sri Subramanian S., D.R. Date of…

M/S. I & B Seeds Private Limited, Bengaluru vs. Assistant Commissioner of Income-Tax, Circle-3(1)(1), Bengaluru

In the result, the appeals of the assessee are partly allowed for statistical purposes

ITA 701/BANG/2023[2018-19]Status: DisposedITAT Bangalore16 Nov 2023AY 2018-19

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Ms. Richa Bakiwala & Shri Hema Sundar, A.RsFor Respondent: Sri Subramanian S., D.R
Section 14ASection 32Section 32(1)

…ITA No.683, 701 & 702/Bang/2023 M/s. I&B Seeds Private Limited, Bangalore IN THE INCOME TAX APPELLATE TRIBUNAL “B’’ BENCH: BANGALORE BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER ITA Nos.683, 701 & 702/Bang/2023 Assessment Years: 2017-18, 2018-19 & 2020-21 M/s. I&B Seeds Private Limited No.15/3A, Noojibail Nursery Dr. Vishnuvardhan Road ACIT Ganakallu Village Circle-3(1)(1) Vs. Kengeri Post Bengaluru Bengaluru 560 060 PAN NO : AADCI6256N APPELLANT RESPONDENT Appellant by : Ms. Richa Bakiwala & Shri Hema Sundar, A.Rs Respondent by : Sri Subramanian S., D.R. Date of…

M/S. I & B Seeds Private Limited, Bengaluru vs. The Assistant Commissioner of Income-Tax, Circle-3(1)(1), Bengaluru

In the result, the appeals of the assessee are partly allowed for statistical purposes

ITA 683/BANG/2023[2017-18]Status: DisposedITAT Bangalore16 Nov 2023AY 2017-18

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Ms. Richa Bakiwala & Shri Hema Sundar, A.RsFor Respondent: Sri Subramanian S., D.R
Section 14ASection 32Section 32(1)

…ITA No.683, 701 & 702/Bang/2023 M/s. I&B Seeds Private Limited, Bangalore IN THE INCOME TAX APPELLATE TRIBUNAL “B’’ BENCH: BANGALORE BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER ITA Nos.683, 701 & 702/Bang/2023 Assessment Years: 2017-18, 2018-19 & 2020-21 M/s. I&B Seeds Private Limited No.15/3A, Noojibail Nursery Dr. Vishnuvardhan Road ACIT Ganakallu Village Circle-3(1)(1) Vs. Kengeri Post Bengaluru Bengaluru 560 060 PAN NO : AADCI6256N APPELLANT RESPONDENT Appellant by : Ms. Richa Bakiwala & Shri Hema Sundar, A.Rs Respondent by : Sri Subramanian S., D.R. Date of…

Upaid Systems Ltd., New Delhi vs. DCIT, Circle- 3(1)(2), Intl. Taxation, New Delhi

In the result, the appeal is partly allowed

ITA 3460/DEL/2018[2012-13]Status: FixedITAT Delhi24 Mar 2023AY 2012-13

Bench: Shri G.S. Pannu, Hon’Ble & Shri Saktijit Deyassessment Year: 2012-13

Section 9(1)(vi)

…IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: ‘D’ NEW DELHI BEFORE SHRI G.S. PANNU, HON’BLE PRESIDENT AND SHRI SAKTIJIT DEY, JUDICIAL MEMBER Assessment Year: 2012-13 M/s. UPAID SYSTEMS LTD., Vs. DCIT, Mittal Chaudhry & Co., CA, Circle-3(1)(2), Intl. Taxation, S-108, LGF, Greater Kailash-1, New Delhi New Delhi PAN :AABCU3655P (Appellant) (Respondent) Assessee by Sh. Ajay Vohra, Sr. Advocate Sh. Rohit Jain, Advocate Sh. Deepesh Jain, CA Sh. Nitin Choudhary, CA Department by Sh. Anand Kumar Kedia, CIT (DR) Sh. Sanjay Kuamr, Sr. DR Date of hearing 26.12.2022 Date of pronouncement 24.03.2023 ORDER PER SAKTIJI…

Dy CIT CC-1(4), Mumbai vs. M/S Grasim Industries Ltd., Mumbai

ITA 41/MUM/2021[2018-19]Status: DisposedITAT Mumbai30 Nov 2022AY 2018-19

Bench: Shri Prashant Maharishi, Am & Shri Pavan Kumar Gadale, Jm

For Appellant: Shri. J.D Mistry, Sr. AdvFor Respondent: Shri Anil Singh
Section 115OSection 115QSection 2

…IN THE INCOME TAX APPELLATE TRIBUNAL ―G‖ BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, AM AND SHRI PAVAN KUMAR GADALE, JM ITA No. 1935/MUM/2020& SA NO 135/M/2021 (Assessment Year 2018-19) DCIT, Central Circle-1(4) Grasim Industries Ltd. Room No. 902, 9th Floor, Old A-Wing, 2nd Floor, Aditya CGO Building Annex, Vs. Birla Centre, S.K. Ahire Pratishtha Bhavan, M.K. Marg, Worli, Mumbai-400 030 Road, Mumbai- 400 020 (Appellant) (Respondent) DCIT, Central Circle-1(4) Grasim Industries Ltd. Room No. 902, 9th Floor, Old Aditya Birla Centre, A-Wing, CGO Building Annex, 4th Floor, S.K. Ahire Marg, Vs. Pratishtha Bhavan, M.…

Grasim Industries Ltd., Mumbai vs. Dy CIT, Central Circle-1(4), Mumbai

ITA 1935/MUM/2020[2018-19]Status: DisposedITAT Mumbai30 Nov 2022AY 2018-19

Bench: Shri Prashant Maharishi, Am & Shri Pavan Kumar Gadale, Jm

For Appellant: Shri. J.D Mistry, Sr. AdvFor Respondent: Shri Anil Singh
Section 115OSection 115QSection 2

…IN THE INCOME TAX APPELLATE TRIBUNAL ―G‖ BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, AM AND SHRI PAVAN KUMAR GADALE, JM ITA No. 1935/MUM/2020& SA NO 135/M/2021 (Assessment Year 2018-19) DCIT, Central Circle-1(4) Grasim Industries Ltd. Room No. 902, 9th Floor, Old A-Wing, 2nd Floor, Aditya CGO Building Annex, Vs. Birla Centre, S.K. Ahire Pratishtha Bhavan, M.K. Marg, Worli, Mumbai-400 030 Road, Mumbai- 400 020 (Appellant) (Respondent) DCIT, Central Circle-1(4) Grasim Industries Ltd. Room No. 902, 9th Floor, Old Aditya Birla Centre, A-Wing, CGO Building Annex, 4th Floor, S.K. Ahire Marg, Vs. Pratishtha Bhavan, M.…

Carolina Food and Industries Private Limited, Kolkata vs. DCIT, Circle - 10(1), Kolkata

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

ITA 2625/KOL/2018[2015-16]Status: DisposedITAT Kolkata09 Sept 2022AY 2015-16

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

Section 32

…ITA No. 2625/KOL/2018 Assessment Year : 2015-2016 Carolina Food And Industries Pvt. Limited IN THE INCOME TAX APPELLATE TRIBUNAL, ‘C’ BENCH, KOLKATA Before Shri Rajpal Yadav, Vice-President (KZ) & Shri Rajesh Kumar, Accountant Member I.T.A. No. 2625/KOL/2018 Assessment Year: 2015-2016 Carolina Food And Industries Pvt. Limited........................................Appellant B-391, Lake Gardens, Kolkata-700045 [PAN: AACCC5093L] -Vs.- DeputyCommissioner of Income Tax,................................................Respondent Circle-10(1), Kolkata, Aayakar Bhawan, P-7, Chowringhee Square, Kolkata-700069 Appea…

Atos It Services Private Limited, Bangalore vs. Assistant Commissioner of Income Tax, Circle-1(1)(1), Bangalore

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

ITA 226/BANG/2021[2016-17]Status: DisposedITAT Bangalore25 Aug 2022AY 2016-17

Bench: Shri George George K. & Ms. Padmavathy S

For Appellant: Shri Dhanesh Bafna, CAFor Respondent: Shri Bijoy Kumar Panda, CIT(DR)(ITAT), Bengaluru
Section 143(2)Section 143(3)Section 92B(2)Section 92C

…IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH : BANGALORE BEFORE SHRI GEORGE GEORGE K., JUDICIAL MEMBER AND Ms. PADMAVATHY S, ACCOUNTANT MEMBER IT(TP)A No.226/Bang/2021 Assessment year : 2016-17 Atos IT Services Private Limited, Vs. The Assistant Commissioner Plot 8B, RMZ Centennial Campus-B, of Income Tax, 5th Floor, ITPL Main Road, Circle 1(1)(1), Whitefield, Bangalore – 560 048. Bengaluru. PAN: AAACX 1727G APPELLANT RESPONDENT Appellant by : Shri Dhanesh Bafna, CA Respondent by : Shri Bijoy Kumar Panda, CIT(DR)(ITAT), Bengaluru. Date of hearing : 22.08.2022 Date of Pronouncement : 25.08.2022 O R D E R Per…

The DCIT, Circle-1, Bharuch vs. M/S. Gujarat Narmada Valley Fertilizers & Chemicals Ltd., Bharuch

In the result, this ground of appeal is also dismissed

ITA 432/SRT/2018[2012-13]Status: DisposedITAT Surat22 Aug 2022AY 2012-13

Bench: Shri Pawan Singh & Dr Arjun Lal Sainiआ.अ.सं./Ita No.431/Srt/2018 (Ay 2007-08) & (Hearing In Virtual Court) Deputy Commissioner Of Gujarat Narmada Valley Income-Tax, Circle-1 Bharuch, Fertilizers & Chemicals Vs Above Bank Of Baroda, Ltd. Station Road, Bharuch- P.O. Narmada Nagar, 320001 Dist. Bharuch-392015 Pan : Aaacg 8372 Q अपीलाथ"/Appellant ""यथ" /Respondent आ.अ.सं./Ita No.432/Srt/2018 & ""या"ेप/C.O. No.12/Srt/2021 [A/O Ita No.432/Srt/2018] (Ay 2012-13) Deputy Commissioner Of Gujarat Narmada Valley Income-Tax, Circle-1 Fertilizers & Chemicals Ltd. Vs Bharuch, Above Bank Of P.O. Narmada Nagar, Dist. Baroda, Station Road, Bharuch-392015 Pan : Aaacg 8372 Q Bharuch-320001 अपीलाथ"/Appellant ""यथ" /Respondent/Co- Objector

Section 143(3)Section 254(1)

…आयकर अपील"य अ"धकरण, सुरत "यायपीठ, सुरत IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JUDICIAL MEMBER AND Dr ARJUN LAL SAINI, ACCOUNTANT MEMBER आ.अ.सं./ITA No.431/SRT/2018 (AY 2007-08) & (Hearing in Virtual Court) Deputy Commissioner of Gujarat Narmada Valley Income-tax, Circle-1 Bharuch, Fertilizers & Chemicals Vs Above Bank of Baroda, Ltd. Station Road, Bharuch- P.O. Narmada Nagar, 320001 Dist. Bharuch-392015 PAN : AAACG 8372 Q अपीलाथ"/Appellant ""यथ" /Respondent आ.अ.सं./ITA No.432/SRT/2018 & ""या"ेप/C.O. No.12/SRT/2021 [a/o ITA No.432/SRT/2018] (AY 2012-13) Deputy Commissione…

The DCIT, Circle-1, Bharuch vs. M/S. Gujarat Narmada Valley Fertilizers & Chemicals Ltd., Bharuch

In the result, this ground of appeal is also dismissed

ITA 431/SRT/2018[2007-08]Status: DisposedITAT Surat22 Aug 2022AY 2007-08

Bench: Shri Pawan Singh & Dr Arjun Lal Sainiआ.अ.सं./Ita No.431/Srt/2018 (Ay 2007-08) & (Hearing In Virtual Court) Deputy Commissioner Of Gujarat Narmada Valley Income-Tax, Circle-1 Bharuch, Fertilizers & Chemicals Vs Above Bank Of Baroda, Ltd. Station Road, Bharuch- P.O. Narmada Nagar, 320001 Dist. Bharuch-392015 Pan : Aaacg 8372 Q अपीलाथ"/Appellant ""यथ" /Respondent आ.अ.सं./Ita No.432/Srt/2018 & ""या"ेप/C.O. No.12/Srt/2021 [A/O Ita No.432/Srt/2018] (Ay 2012-13) Deputy Commissioner Of Gujarat Narmada Valley Income-Tax, Circle-1 Fertilizers & Chemicals Ltd. Vs Bharuch, Above Bank Of P.O. Narmada Nagar, Dist. Baroda, Station Road, Bharuch-392015 Pan : Aaacg 8372 Q Bharuch-320001 अपीलाथ"/Appellant ""यथ" /Respondent/Co- Objector

Section 143(3)Section 254(1)

…आयकर अपील"य अ"धकरण, सुरत "यायपीठ, सुरत IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JUDICIAL MEMBER AND Dr ARJUN LAL SAINI, ACCOUNTANT MEMBER आ.अ.सं./ITA No.431/SRT/2018 (AY 2007-08) & (Hearing in Virtual Court) Deputy Commissioner of Gujarat Narmada Valley Income-tax, Circle-1 Bharuch, Fertilizers & Chemicals Vs Above Bank of Baroda, Ltd. Station Road, Bharuch- P.O. Narmada Nagar, 320001 Dist. Bharuch-392015 PAN : AAACG 8372 Q अपीलाथ"/Appellant ""यथ" /Respondent आ.अ.सं./ITA No.432/SRT/2018 & ""या"ेप/C.O. No.12/SRT/2021 [a/o ITA No.432/SRT/2018] (AY 2012-13) Deputy Commissione…

M/S I & B Seeds Private Limited, Bangalore vs. Deputy Commissioner of Income Tax Circle-3(1)(1), Bangalore

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

ITA 3415/BANG/2018[2015-16]Status: DisposedITAT Bangalore15 Jun 2022AY 2015-16

Bench: Shri Chandra Poojari & Shri George George K.Assessment Year: 2015-16

For Appellant: Shri Nitish Ranjan, A.RFor Respondent: Shri Sankar Ganesh K, D.R
Section 43(1)

…ITA No.3415/Bang/2018 M/s. I&B Seeds Private Limited, Bangalore IN THE INCOME TAX APPELLATE TRIBUNAL “A’’ BENCH: BANGALORE BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND Shri GEORGE GEORGE K., JUDICIAL MEMBER Assessment Year: 2015-16 M/s. I&B Seeds Private Limited No.15/3A, Noojibail Nursery Dr. Vishnuvardhan Road Deputy Commissioner of Ganakallu Village Income-tax Vs. Kengeri Post Circle-3(1)(1) Bengaluru 560 060 Bangalore PAN NO : AADCI6256N APPELLANT RESPONDENT Appellant by : Shri Nitish Ranjan, A.R. Respondent by : Shri Sankar Ganesh K, D.R. Date of Hearing : 19.05.2022 Date of Pronouncement : 15.…