Navodaya Castle (P) Ltd. v. CIT

56 Taxmann.com 18Supreme Court of India2015#1493 most cited

What is Navodaya Castle (P) Ltd. v. CIT authority for?

Mere production of identity documents like a certificate of incorporation or PAN is insufficient to prove the genuineness of a transaction or the investor under Section 68, especially when material indicates the investor is a paper company and not a genuine party.

76

judgments rely on this decision, according to BharatTax’s citation analysis of 366,470 Indian tax judgments — from 2015 to 2025.

Also referred to as

Navodaya Castle v. CIT · Section 68 · share application money · genuineness of transaction · identity of subscriber · paper company · unexplained cash credit · burden of proof · source of source · accommodation entry · mere identity documents insufficient

Sections most often in play

Section 133(6)Section 143(3)Section 147Section 148Section 271(1)(c)Section 68Section 131Section 132

Issues it is cited on

source of sourceshare application moneyaddition u/s 68entry operatoraccommodation entrygenuineness of the transactionunexplained cash creditsection 133(6)section 132(4)section 68undisclosed incomesection 132

Judgments citing Navodaya Castle (P) Ltd. v. CIT

ACIT CC-3(2), Chennai vs. Suryadev Alloys & Power P Ltd, Chennai

ITA 1749/CHNY/2017[2010-11]Status: DisposedITAT Chennai17 Dec 2021AY 2010-11

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), Chennai vs. Suryadev Alloys & Power P Ltd, Chennai

ITA 1748/CHNY/2017[2009-10]Status: DisposedITAT Chennai17 Dec 2021AY 2009-10

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), `Chennai vs. Suryadev Alloys & Power P Ltd, Chennai

ITA 1747/CHNY/2017[2008-09]Status: DisposedITAT Chennai17 Dec 2021AY 2008-09

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), Chennai vs. Suryadev Alloys & Power P Ltd, Chennai

ITA 1746/CHNY/2017[2007-08]Status: DisposedITAT Chennai17 Dec 2021AY 2007-08

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), Chennai vs. Bmp Steels P Ltd, Thiruvallur

ITA 1745/CHNY/2017[2012-13]Status: DisposedITAT Chennai17 Dec 2021AY 2012-13

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), Chennai vs. Bmp Steels P Ltd, Thiruvallur

ITA 1744/CHNY/2017[2011-12]Status: DisposedITAT Chennai17 Dec 2021AY 2011-12

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

Income Tax Officer-15(1)(2), Mumbai vs. F.M.Land Developers Private Limited, Mumbai

In the result, this appeal by the revenue stands allowed for statistical purposes

ITA 4540/MUM/2017[2012-13]Status: DisposedITAT Mumbai20 Jul 2021AY 2012-13
Section 133(6)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” Bench, Mumbai Shri Shamim Yahya (AM) & Shri Amarjit Singh (JM) I.T.A. No. 4540/Mum/2017 (Assessment Year 2012-13) Vs. F.M.Land Developers Pvt.Ltd. ITO-15(1)(2) Room No.15B, Ground Plot No.612, Near HPCL Floor, Aaykar Bhawan Petrol pump, Opp. Swastik M.K.Road, Churchgate chambers, V.N.Purav Marg Mumbai-400020 PAN : AABCF5600P (Appellant) (Respondent) Assessee by Shri Vishwas Mehendale Department by Ms. Usha Gaikwad Date of Hearing 24.05.2021 Date of Pronouncement 20 .07.2021 O R D E R Per Shamim Yahya (AM) :- This appeal by the Revenue is directed against the order o…

ACIT Central Circle 3(2), Chennai vs. Cmg Steels Pvt. Ltd., Chennai

ITA 1985/CHNY/2017[2011-12]Status: DisposedITAT Chennai09 Jun 2021AY 2011-12

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita No.: 1985/Chny/2017 िनधा"रण वष" / Assessment Year: 2011-12 The Asst. Commissioner Of M/S. Cmg Steels Pvt. Ltd., Income Tax, V. No.8, Elanthanur, Central Circle – 3(2), Ponneri High Road, Chennai – 34. Chennai – 600 103. Pan: Aadcc 7579C (अपीलाथ"/Appellant) (""यथ"/Respondent) & Co No.: 155/Chny/2017 (In Ita No.1985/Chny/2017) िनधा"रण वष" / Assessment Year: 2011-12 M/S. Cmg Steels Pvt. Ltd., The Asst. Commissioner Of Income Tax, V. No.8, Elanthanur, Central Circle – 3(2), Ponneri High Road, Chennai – 34. Chennai – 600 103. Pan: Aadcc 7579C (अपीलाथ"/Appellant) (""यथ"/Respondent) राज" की ओर से /Revenue By : Shri S. Bharath, Cit "नधा"रती क" ओर से/Assessee By : Shri T. Banusekar, Advocate सुनवाई क" तार"ख/Date Of Hearing : 25.03.2021 घोषणा क" तार"ख/Date Of Pronouncement : 09.06.2021

For Appellant: Shri T. Banusekar, AdvocateFor Respondent: Shri S. Bharath, CIT
Section 153CSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी. मंजुनाथ, लेखा सद"य के सम" BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA No.: 1985/CHNY/2017 िनधा"रण वष" / Assessment Year: 2011-12 The Asst. Commissioner of M/s. CMG Steels Pvt. Ltd., Income Tax, v. No.8, Elanthanur, Central Circle – 3(2), Ponneri High Road, Chennai – 34. Chennai – 600 103. PAN: AADCC 7579C (अपीलाथ"/Appellant) (""यथ"/Respondent) & CO No.: 155/CHNY/2017 (in ITA No.1985/Chny/2017) िनधा"रण वष" / Assessment Year…

ITO-15(3)(3), Mumbai vs. Satyam Roller Flour Mills Pvt. Ltd., Mumbai

In the result, the appeal for the AY 2013-14 is allowed

ITA 373/MUM/2019[2013-14]Status: DisposedITAT Mumbai17 Mar 2021AY 2013-14

Bench: Shri Shamim Yahya, Am & Shri Amarjit Singh, Jm आयकर अपील सं/ I.T.A. No. 373/Mum/2019 (िनधा"रण वष" / Assessment Year: 2013-14) बनाम/ Ito 15(3)(3) Satyam Roller Flour Mills R. No.452, Aayakar Bhavan, Pvt. Ltd. Vs. R-12, Ttc Industrial Area, Mumbai-400020. Midc Near Rabale Telephone Exchange, Navi Mumbai-400701. "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaacs4131R (अपीलाथ" /Appellant) (""थ" / Respondent) .. Revenue By: Shri T. S. Khalsa (Sr. Ar) Assessee By: Shri Suchek Anchaliya सुनवाई की तारीख / Date Of Hearing: 04/02/2021 घोषणा की तारीख /Date Of Pronouncement: 17/03/2021 आदेश / O R D E R Per Amarjit Singh, Jm:

For Appellant: Shri Suchek AnchaliyaFor Respondent: Shri T. S. Khalsa (Sr. AR)
Section 10Section 132Section 143(2)Section 28Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “G” BENCH, MUMBAI BEFORE SHRI SHAMIM YAHYA, AM AND SHRI AMARJIT SINGH, JM आयकर अपील सं/ I.T.A. No. 373/Mum/2019 (िनधा"रण वष" / Assessment Year: 2013-14) बनाम/ ITO 15(3)(3) Satyam Roller Flour Mills R. No.452, Aayakar Bhavan, Pvt. Ltd. Vs. R-12, TTC Industrial Area, Mumbai-400020. MIDC Near Rabale Telephone Exchange, Navi Mumbai-400701. "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAACS4131R (अपीलाथ" /Appellant) (""थ" / Respondent) .. Revenue by: Shri T. S. Khalsa (Sr. AR) Assessee by: Shri Suchek Anchaliya सुनवाई की तारीख / Date of Hearing: 04/02/2021 घोषणा की तारीख /Date of Pro…

The Asst. Commissioner of Income Tax, Circle-2(1)(1), Ahmedabad vs. El Dorado Biotech Private Limited, Ahmedabad

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

ITA 1823/AHD/2017[2009-10]Status: DisposedITAT Ahmedabad06 Nov 2020AY 2009-10
For Appellant: Shri Ketan Shah & Aman ShahFor Respondent: Shri M.S.A. Khan, CITDR
Section 132Section 143(1)Section 143(3)Section 147Section 148Section 68

…आयकर अपील"य अ"धकरण, अहमदाबाद। IN THE INCOME TAX APPELLATE TRIBUNAL ‘D’ BENCH, AHMEDABAD (THROUGH VIRTUAL COURT) BEFORESHRI RAJPAL YADAV, VICE PRESIDENT And SHRI WASEEM AHMED, ACCOUNTANT MEMBER Sl. ITA No(s) Asset. Appeal(s) by No(s) Year(s) Appellant vs. Respondent Appellant Respondent 1. 1823/Ahd/2017 2009-10 The Assistant El Dorado Biotech Pvt. Commissioner of Ltd. 5, Jagnirman Society, Income Tax, Circle- Narvang High School, 2(1)(1), Ahmedabad Naranpura, Ahmedabad-380013 PAN No. AABCE1885F Revenue by : Shri M.S.A. Khan, CITDR. Assessee by : Shri Ketan Shah & Aman Shah ARs सुनवाई क" तार"ख/Date of Hearing :…

Deputy Commissioner of Income Tax 15(1)(1), Mumbai vs. Almega Paints Private Limited, Mumbai

In the result, appeal filed by the revenue for assessment year 2013-

ITA 6267/MUM/2017[2013-14]Status: DisposedITAT Mumbai06 Nov 2020AY 2013-14

Bench: Shri Rajesh Kumar (Am) & Shri Ram Lal Negi (Jm) Assessment Year: 2013-14 The Dy. Commissioner Of Income M/S Almega Paints Pvt. Ltd., Tax - 15(1)(1), B-24, Minerva Industrial Room No. 470, 4Th Floor, Estate, Off P.K. Road, Aayakar Bhavan, Vs. Mulund (W), Maharshi Karve Road, Mumbai - 400080 Mumbai - 400020 Pan: Aahca3698N (Appellant) (Respondent)

For Appellant: Shri Satish Mody (AR)For Respondent: Shri Michael Jerald (DR)
Section 143Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES “A”, MUMBAI BEFORE SHRI RAJESH KUMAR (AM) AND SHRI RAM LAL NEGI (JM) Assessment Year: 2013-14 The Dy. Commissioner of Income M/s Almega Paints Pvt. Ltd., Tax - 15(1)(1), B-24, Minerva Industrial Room No. 470, 4th Floor, Estate, Off P.K. Road, Aayakar Bhavan, Vs. Mulund (W), Maharshi Karve Road, Mumbai - 400080 Mumbai - 400020 PAN: AAHCA3698N (Appellant) (Respondent) Revenue by : Shri Michael Jerald (DR) Assessee by : Shri Satish Mody (AR) Date of Hearing: 25/09/2020 Date of Pronouncement: 06/11/2020 O R D E R PER RAM LAL NEGI, JM This appeal has been filed…

Pearl Studios Pvt. Ltd., New Delhi vs. DCIT, New Delhi

In the result, both the appeals filed by the assessee in ITA No

ITA 3157/DEL/2016[2011-12]Status: DisposedITAT Delhi09 Jan 2020AY 2011-12

Bench: Shri Bhavnesh Saini & Shri N.K. Billaiya[Assessment Year: 2010-11] & [Assessment Year: 2011-12]

For Appellant: NoneFor Respondent: Shri Ved Prakash Mishra, Sr. DR
Section 132Section 68

…1 IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI ‘A’ BENCH, NEW DELHI BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER, AND SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER [Assessment Year: 2010-11] & [Assessment Year: 2011-12] Pearl Studios Pvt. Ltd Vs. The Dy. C.I.T. Flat No. 909, Kailash Building Central Circle - 13 K.G. Marg, New Delhi New Delhi PAN: AAFCP 0886 P [Appellant] [Respondent] Date of Hearing : 08.01.2020 Date of Pronouncement : 09.01.2020 Assessee by : None Revenue by : Shri Ved Prakash Mishra, Sr. DR ORDER PER N.K. BILLAIYA, ACCOUNTANT MEMBER, The above two appeals by the assessee are preferred aga…

Pearl Studios Pvt. Ltd., New Delhi vs. DCIT, New Delhi

In the result, both the appeals filed by the assessee in ITA No

ITA 3156/DEL/2016[2010-11]Status: DisposedITAT Delhi09 Jan 2020AY 2010-11

Bench: Shri Bhavnesh Saini & Shri N.K. Billaiya[Assessment Year: 2010-11] & [Assessment Year: 2011-12]

For Appellant: NoneFor Respondent: Shri Ved Prakash Mishra, Sr. DR
Section 132Section 68

…1 IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI ‘A’ BENCH, NEW DELHI BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER, AND SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER [Assessment Year: 2010-11] & [Assessment Year: 2011-12] Pearl Studios Pvt. Ltd Vs. The Dy. C.I.T. Flat No. 909, Kailash Building Central Circle - 13 K.G. Marg, New Delhi New Delhi PAN: AAFCP 0886 P [Appellant] [Respondent] Date of Hearing : 08.01.2020 Date of Pronouncement : 09.01.2020 Assessee by : None Revenue by : Shri Ved Prakash Mishra, Sr. DR ORDER PER N.K. BILLAIYA, ACCOUNTANT MEMBER, The above two appeals by the assessee are preferred aga…

DCIT, New Delhi vs. M/S. Sidhvandan Enterprises Pvt. Ltd., New Delhi

In the result, the Revenue’s Appeal stands dismissed

ITA 1177/DEL/2016[2012-13]Status: DisposedITAT Delhi12 Dec 2019AY 2012-13

Bench: Shri H.S. Sidhu & Shri R.K. Panda

For Appellant: Sh. Raj Kumar, CA & Sh. SumitFor Respondent: Ms. Pramita M. Biswas, CIT(DR)
Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “E”, NEW DELHI BEFORE SHRI H.S. SIDHU, JUDICIAL MEMBER AND SHRI R.K. PANDA, ACCOUNTANT MEMBER I.T.A. No. 1177/DEL/2016 A.Y. : 2012-13 DCIT, CENTRAL CIRCLE 20, VS. M/S SIDHVANDAN 1ST FLOOR, ROOM NO. 104, E-2 ENTERPRISES PVT. LTD., ARA CENTRE, C-1/35, SAFDARJUNG JHANDEWALAN DEVELOPMENT AREA, NEW DELHI – 110 055 NEW DELHI – 110 016 (PAN: AAGCS7782L) (ASSESSEE) (RESPONDENT) Revenue by : Ms. Pramita M. Biswas, CIT(DR) Assessee by : Sh. Raj Kumar, CA & Sh. Sumit Goel, CA ORDER PER H.S. SIDHU : JM The Revenue has filed this Appeal against the impugned Order dated 30.1…

Shri Nareshbhai V Patel, Mumbai vs. ACIT-33(2), Mumbai

In the result, the appeal of the assessee is allowed

ITA 4912/MUM/2018[2012-13]Status: DisposedITAT Mumbai21 Nov 2019AY 2012-13

Bench: Shri C.N. Prasad & Shri Rajesh Kumarassessment Year: 2012-13

For Appellant: Shri Rakesh Joshi, A.RFor Respondent: Ms. Kavita P. Kaushik, D.R
Section 143(1)Section 143(2)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH “B”, MUMBAI BEFORE SHRI C.N. PRASAD, JUDICIAL MEMBER AND SHRI RAJESH KUMAR, ACCOUNTANT MEMBER Assessment Year: 2012-13 Shri Nareshbhai V. Patel, ACIT - 33(2), 1404, Shree Naman Mumbai Tower, Vs. S.V. Road, Kandivali (West), Mumbai – 400 067 PAN: AFYPP 6459B (Appellant) (Respondent) Present for: Assessee by : Shri Rakesh Joshi, A.R. Revenue by : Ms. Kavita P. Kaushik, D.R. Date of Hearing : 19.09.2019 Date of Pronouncement : 21.11.2019 O R D E R Per Rajesh Kumar, Accountant Member: The present appeal has been preferred by the assessee against the order dated…

Ocean Thermoplastics Elastomers P.Ltd, New Delhi vs. DCIT, Circle-19(1) & 19(2), New Delhi

ITA 655/DEL/2019[2012-13]Status: DisposedITAT Delhi15 Nov 2019AY 2012-13

Bench: Shri Bhavnesh Saini & Shri O.P. Kantassessment Year: 2012-13

Section 143(2)Section 144Section 145(3)Section 250

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: ‘E’, NEW DELHI BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND SHRI O.P. KANT, ACCOUNTANT MEMBER Assessment Year: 2012-13 M/s. Ocean Thermoplastics Vs. DCIT, Elastomers Pvt. Ltd., Circle -19(1) & 19(2), BN-19, Paschim Shalimar New Delhi Bagh, New Delhi PAN :AAACO0193K (Appellant) (Respondent) Appellant by Shri R.S. Ahuja, CA Respondent by Shri K. Hauthang, Sr.DR Date of hearing 25.09.2019 Date of pronouncement 15.11.2019 ORDER PER O.P. KANT, AM: This appeal by the assessee is directed against order dated 30.11.2018 passed by the learned CIT(A)-36, New Delhi…

Income Tax Officer 15(3)(3), Mumbai vs. M/S.Saubhagya Realtor Private Limited, Mumbai

In the result, the appeal is dismissed

ITA 2335/MUM/2018[2012-13]Status: DisposedITAT Mumbai31 Oct 2019AY 2012-13

Bench: Shri Saktijit Dey () & Shri N.K. Pradhan () Assessment Year: 2012-13

For Appellant: Mr. Suresh Otwani, ARFor Respondent: Mr. Nitin Waghmode, DR
Section 133(6)Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “G” MUMBAI BEFORE SHRI SAKTIJIT DEY (JUDICIAL MEMBER) AND SHRI N.K. PRADHAN (ACCOUNTANT MEMBER) Assessment Year: 2012-13 The Income Tax Officer- M/s Saubhagya Realtor Pvt. Ltd. 15(3)(3), Room No. 452, 4th Shop No. 1, 2, & 3, Plot No. 88, Vs. floor, AayakarBhavan, Sector-3, Koperkhairane, Navi MaharshiKarve Road, Mumbai-400709. Mumbai-400020. PAN No. AAKCS7352Q Appellant Respondent Revenue by : Mr. Nitin Waghmode, DR Assessee by : Mr. Suresh Otwani, AR Date of Hearing : 07/08/2019 Date of pronouncement : 31/10/2019 ORDER PER N.K. PRADHAN, AM This is an appea…

Marudhara Marketing Pvt. Ltd., New Delhi vs. ACIT, Central Circle- 30, New Delhi

ITA 890/DEL/2019[2014-15]Status: DisposedITAT Delhi21 Oct 2019AY 2014-15

Bench: Shri R.K. Panda & Shri Kuldip Singh

For Appellant: Shri P.C. Yadav, AdvocateFor Respondent: Shri J.K. Mishra, CIT DR
Section 132Section 143Section 153ASection 153CSection 68

…IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH ‘D’ : NEW DELHI) BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER and SHRI KULDIP SINGH, JUDICIAL MEMBER ITA No.890/Del./2019 (Assessment Year : 2014-15) M/s. Marudhara Marketing Pvt. Ltd., vs. ACIT, C/o Ravi Gupta, Advocate, Central Circle 30, E – 6A, Kailash Colony, New Delhi. New Delhi – 110 048. (PAN : AAACM8162G) (APPELLANT) (RESPONDENT) ASSESSEE BY : Shri P.C. Yadav, Advocate REVENUE BY : Shri J.K. Mishra, CIT DR Date of Hearing : 04.09.2019 Date of Order : 21.10.2019 O R D E R PER KULDIP SINGH, JUDICIAL MEMBER : Appellant, M/s. Marudhara Marketing Pvt. Lt…

Singhal Sunrise Steels Pvt. Ltd., Ghaziabad vs. ITO, Ghaziabad

In the result, the appeal of the assessee is allowed

ITA 3103/DEL/2015[2010-11]Status: DisposedITAT Delhi18 Sept 2019AY 2010-11

Bench: Sh. Amit Shukladr. B. R. R. Kumarita No. 3103/Del/2015 : Asstt. Year : 2010-11 Singhal Sunrise Steels Pvt. Ltd., Vs Income Tax Officer, 241, Loha Mandi, Ward-2(3), Ghaziabad Ghaziabad (Appellant) (Respondent) Pan No. Aajcs7938P Assessee By : Sh. M. S. Sekhon, Ca Revenue By : Sh. N. K. Bansal, Sr. Dr Date Of Hearing: 21.08.2019 Date Of Pronouncement: 18.09.2019 Order Per Dr. B. R. R. Kumar:

For Appellant: Sh. M. S. Sekhon, CAFor Respondent: Sh. N. K. Bansal, Sr. DR
Section 131Section 142(1)Section 143(2)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘G’, NEW DELHI Before Sh. Amit Shukla, Judicial Member Dr. B. R. R. Kumar, Accountant Member ITA No. 3103/Del/2015 : Asstt. Year : 2010-11 Singhal Sunrise Steels Pvt. Ltd., Vs Income Tax Officer, 241, Loha Mandi, Ward-2(3), Ghaziabad Ghaziabad (APPELLANT) (RESPONDENT) PAN No. AAJCS7938P Assessee by : Sh. M. S. Sekhon, CA Revenue by : Sh. N. K. Bansal, Sr. DR Date of Hearing: 21.08.2019 Date of Pronouncement: 18.09.2019 ORDER Per Dr. B. R. R. Kumar, Accountant Member: The present appeal has been filed by the assessee against the order of the ld. CIT(A), Muzaffar…

DCIT, New Delhi vs. M/S. Senorita Enterprises Pvt. Ltd., New Delhi

ITA 5388/DEL/2015[2007-08]Status: DisposedITAT Delhi26 Jul 2019AY 2007-08

Bench: Shri H.S. Sidhu & Shri B.R.R. Kumar

For Appellant: Sh. Yogesh Jagia, AdvFor Respondent: Sh. Amit Katoch, Sr. DR
Section 131(1)Section 139(1)Section 143(1)Section 143(2)Section 147Section 148Section 151(2)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “C”, NEW DELHI BEFORE SHRI H.S. SIDHU, JUDICIAL MEMBER AND SHRI B.R.R. KUMAR, ACCOUNTANT MEMBER I.T.A. No. 5388/DEL/2015 A.Y. : 2007-08 DCIT, CIRCLE 23(2), VS. SENORITA ENTERPRISES PVT. NEW DELHI LTD., ROOM NO. 248, C.R. V-6/1, FIRST FLOOR, BUILDING, GREEN PARK EXTEN., I.P. ESTATE, NEW DELHI – 110016 NEW DELHI – 11 0002 (PAN : AAJCS7373P) (ASSESSEE) (RESPONDENT) Revenue by : Sh. Amit Katoch, Sr. DR. Assessee by : Sh. Yogesh Jagia, Adv. ORDER PER H.S. SIDHU : JM The Revenue has filed this Appeal against the impugned Order dated 10.6.2015 of the Ld. CIT(A)-8, New…