Nice Bombay Transport (P.) Ltd. v. Asstt. CIT

103 Taxmann.com 338High Court2019#14703 most cited

judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2021 to 2023.

Issues it is cited on

disallowance u/s 14a disallowance under section 14a section 14a section 25 section 143 company section 14 india total income business interest section 143(3)

Judgments citing Nice Bombay Transport (P.) Ltd. v. Asstt. CIT

ACIT, CIR-2(1)(1), MUMBAI vs. M/S. BANK OF INDIA, MUMBAI

The appeal is dismissed and appeal of assessee is allowed

ITA 1228/MUM/2023[2011-12]Status: DisposedITAT Mumbai21 Dec 2023AY 2011-12

Bench: Shri Prashant Maharishi, Am & Shri Narender Kumar Choudhry, Jm M/S Bank Of India Acit, Circle 2(1)(1) Room No.575, 5Th Floor, C5 Block Star House, Bandra Kurla Complex, Aaykar Bhavan, Vs. M.K. Road, Bandra East, Mumbai-400 020 Mumbai-400 051 (Appellant) (Respondent) Pan No. Aaacb0472C M/S Bank Of India Acit, Circle 2(1)(1) C5 Block Star House, Room No.575, 5Th Floor, Bandra Kurla Complex, Aaykar Bhavan, Vs. Bandra East, M.K. Road, Mumbai-400 020 Mumbai-400 051 (Appellant) (Respondent) Assessee By : Mr . C Naresh Ca Revenue By : Shri Sanjay Deshmukh Cit Dr & Shri P D Chougule, Addl. Cit Date Of Hearing: 3/7/2023 & 08.12.2023 Date Of Pronouncement : 21.12.2023

For Appellant: Mr . C Naresh CAFor Respondent: Shri Sanjay Deshmukh CIT DR and Shri P D Chougule, Addl

Section 14Section 143(3)Section 14ASection 244ASection 254

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, AM AND SHRI NARENDER KUMAR CHOUDHRY, JM M/s Bank of India ACIT, Circle 2(1)(1) Room No.575, 5th Floor, C5 Block Star House, Bandra Kurla Complex, Aaykar Bhavan, Vs. M.K. Road, Bandra East, Mumbai-400 020 Mumbai-400 051 (Appellant) (Respondent) PAN No. AAACB0472C M/s Bank of India ACIT, Circle 2(1)(1) C5 Block Star House, Room No.575, 5th Floor, Bandra Kurla Complex, Aaykar Bhavan, Vs. Bandra East, M.K. Road, Mumbai-400 020 Mumbai-400 051 (Appellant) (Respondent) Assessee by : Mr . C Naresh CA Revenue by : Shri Sanjay Deshmukh…

BANK OF INDIA,MUMBAI vs. DCIT-2(1)(1), MUMBAI

The appeal is dismissed and appeal of assessee is allowed

ITA 1094/MUM/2023[2011-12]Status: DisposedITAT Mumbai21 Dec 2023AY 2011-12

For Appellant: Mr . C Naresh CAFor Respondent: Shri Sanjay Deshmukh CIT DR and Shri P D Chougule, Addl

Section 14Section 143(3)Section 14ASection 244ASection 254

CENTRAL BANK OF INDIA ,MUMBAI vs. THE NATIONAL FACELESS APPEAL CENTRE, DELHI

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

ITA 235/MUM/2023[2019-20]Status: DisposedITAT Mumbai25 Aug 2023AY 2019-20

Bench: Shri G.S. Pannu & Shri Sandeep Singh Karhail

For Appellant: Shri Nitesh JoshiFor Respondent: Shri R.A. Dhyani

Section 10Section 14ASection 250Section 270A

…IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH, MUMBAI BEFORE SHRI G.S. PANNU, PRESIDENT, AND SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA no.235/Mum./2023 (Assessment Year : 2019–20) Central Bank of India 4th Floor, Chandermukhi Building ……………. Appellant Nariman Point, Mumbai 400 021 PAN – AAACC2498P v/s Assessing Officer …………….Respondent National Faceless Appeal Centre Delhi Assessee by : Shri Nitesh Joshi Revenue by : Shri R.A. Dhyani Date of Hearing – 12/07/2023 Date of Order – 25/08/2023 O R D E R The present appeal has been filed by the assessee challenging the impugned order dated 13/12/2022, passe…

SUMAN P KHURANA,MUMBAI vs. ACIT CENTRAL CIRCLE-3(2), MUMBAI

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

ITA 2415/MUM/2019[2012-13]Status: DisposedITAT Mumbai18 Apr 2022AY 2012-13

Bench: Shri Shamim Yahya, Am & Shri Amarjit Singh, Jm आयकर अपील सं/ I.T.A. No. 2415/Mum/2019 (निर्धारण वर्ा / Assessment Year: 2012-13) Suman P. Khurana बिधम/ Acit, Central Circle-3(2) Room No.402, 4Th Floor, 501, Raheja Centre, Free Press Vs. Journal Marg, Nariman Point, Aayakar Bhawan, Maharshi Mumbai-400021. Karve Road, Churchgate, Mumbai-400020.S स्थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aahpk0190Q (अपीलाथी /Appellant) (प्रत्यथी / Respondent) .. Assessee By: Shri Shekhar Gupta Revenue By: Shri Hoshang B. Irani सुनवाई की तारीख / Date Of Hearing: 24/01/2022 घोषणा की तारीख /Date Of Pronouncement: 18/04/2022 आदेश / O R D E R Per Amarjit Singh, Jm: The Assessee Has Filed The Present Appeal Against The Order Dated 21.02.2019 Passed By The Commissioner Of Income Tax (Appeals) -51, Mumbai [Hereinafter Referred To As The “Cit(A)”] Relevant To The A.Y.2012- 13. 2. The Assessee Has Raised The Following Grounds: - “1. The Learned Cit(A) Has Erred In Law & On The Facts Of The Case In Estimating The Annual Value Of The Property At Maker Chambers Iv, Nariman Point, Mumbai At Rs.82,86,301/- As Against Nil Declared By The Assessee & Denying The Exemption Claimed U/S 23(1)(C) By The Assessee. A.Y. 2012-13 2. The Learned Cit(A) Has Erred In Law & On The Facts Of The Case In Estimating The Value Of The Property At Gujranwala Town, Delhi At Rs.6,60,000/- As Against Nil Declared By The Assessee & Denying The Exemption Claimed U/S 23(1)(C) By The Assessee.

For Appellant: Shri Shekhar GuptaFor Respondent: Shri Hoshang B. Irani

Section 143(2)Section 14ASection 23(1)(a)Section 23(1)(c)

…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. 2415/Mum/2019 (निर्धारण वर्ा / Assessment Year: 2012-13) Suman P. Khurana बिधम/ ACIT, Central Circle-3(2) Room No.402, 4th Floor, 501, Raheja Centre, Free Press Vs. Journal Marg, Nariman Point, Aayakar Bhawan, Maharshi Mumbai-400021. Karve Road, Churchgate, Mumbai-400020.s स्थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAHPK0190Q (अपीलाथी /Appellant) (प्रत्यथी / Respondent) .. Assessee by: Shri Shekhar Gupta Revenue by: Shri Hoshang B. Irani सुनवाई की तारीख / Date of Hearing: 24/01/2…

INDUSIND BANK LIMITED,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX - CIRCLE 2(3)(2), MUMBAI

In the result, appeal is allowed as indicated above

ITA 500/MUM/2018[2013-14]Status: DisposedITAT Mumbai11 Aug 2021AY 2013-14

Bench: Shri Pramod Kumar, Hon’Ble & Shri Saktijit Dey, Hon’Bleassessment Year: 2013-14 Indusind Bank Ltd., Asst. Commissioner Of Income 8Th Floor, Tower One, Tax- Range 2(3)(2), One Indiabulls Centre, Aayakar Bhavan, 841, Senapati Bapat Marg, Vs. Mumbai Elphinstone Road-West, Mumbai - 400013 Pan: Aaaci1314G (Appellant) (Respondent) Assessee By : Shri Viksit Bhargava (Ar) Revenue By : Shri Vijay Kumar Subramaniyam (Sr. Dr) Date Of Hearing : 19/07/2021 Date Of Pronouncement: 11/08/2021

For Appellant: Shri Viksit Bhargava (AR)For Respondent: Shri Vijay Kumar Subramaniyam (Sr. DR)

Section 14A

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES “I”, MUMBAI BEFORE SHRI PRAMOD KUMAR, HON’BLE VICE PRESIDENT AND SHRI SAKTIJIT DEY, HON’BLE JUDICIAL MEMBER Assessment Year: 2013-14 IndusInd Bank Ltd., Asst. Commissioner of Income 8th Floor, Tower One, Tax- Range 2(3)(2), One Indiabulls Centre, Aayakar Bhavan, 841, Senapati Bapat Marg, Vs. Mumbai Elphinstone Road-West, Mumbai - 400013 PAN: AAACI1314G (Appellant) (Respondent) Assessee by : Shri Viksit Bhargava (AR) Revenue by : Shri Vijay Kumar Subramaniyam (Sr. DR) Date of Hearing : 19/07/2021 Date of Pronouncement: 11/08/2021 O R D E R PER SAKTIJIT DEY, JM…

SAYAJI INDUSTRIES LTD.,,AHMEDABAD vs. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-4(1)(1),, AHMEDABAD

In the result, the appeal filed by the Assessee stands partly allowed for statistical purposes

ITA 2137/AHD/2018[2015-16]Status: DisposedITAT Ahmedabad13 May 2021AY 2015-16

For Appellant: Shri Aparna Parelkar, A.RFor Respondent: Shri S. S. Shukla, Sr. D.R

Section 115JSection 143(1)

…IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “A” BENCH (Conducted Through Virtual Court) Before: Shri Rajpal Yadav, Vice President And Shri Amarjit Singh, Accountant Member Assessment Year 2015-16 Sayaji Industries Ltd. The Dy. CIT, Circle- Maize Products, 4, Pratyakshkar Ambawadi, Vs Bhavan, Panjrapole, P.O. Kathwada, Ahmedabad-380015 Ahmedabad-382430 (Respondent) PAN: AADCS0861R (Appellant) Revenue by: Shri S. S. Shukla, Sr. D.R. Assessee by: Shri Aparna Parelkar, A.R. Date of hearing : 24-03-2021 Date of pronouncement : 13-05-2021 आदेश/ORDER PER : AMARJIT SINGH, ACCOUNTANT MEMBER:- This assessee’…