PCIT v. Babul Products (P.) Ltd.

96 Taxmann.com 82High Court2018#16258 most cited

judgments rely on this decision, according to BharatTax’s citation analysis of 366,314 Indian tax judgments — from 2018 to 2025.

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Judgments citing PCIT v. Babul Products (P.) Ltd.

Index Logistics Private Limited, Mumbai vs. Assistant Commissioner of Income Tax Central Circle-1(2), Mumbai

In the result the appeal filed by the assessee stands partly

ITA 4641/MUM/2023[2021-22]Status: DisposedITAT Mumbai09 Jul 2025AY 2021-22

Bench: Shri Sandeep Gosain, () & Shri Prabhash Shankar, ()

Section 115BSection 132Section 132(3)Section 143(3)Section 41(1)Section 68

…1 IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH, MUMBAI BEFORE SHRI SANDEEP GOSAIN, (JUDICIAL MEMBER) AND SHRI PRABHASH SHANKAR, (ACCOUNTANT MEMBER) I.T.A. No.4641/Mum/2023 Assessment Year: 2021-22 M/s. Index Logistics Private Limited 105, Ascot Centre, Sahar Airport Road, Next to Hotel Hilton, Andheri (E), Mumbai 400069 Vs Assistant Commissioner of Income Tax, Central Cir Room No. 906, 9th Floor, Pratishtha Bhavan, Old CGO Annexe, Maharshi Karve Road, Mumbai 400020 PAN: AABC13631H (Appellant) (Respondent) Appellant by Shri. Rahul Hakani Respondent by Mr. R.A. Dhyani, (CIT. DR) Date of Hearing 15.04.2025 Date o…

Adani Enterprises Ltd., Ahmedabad vs. The Dy. Commissioner of Income Tax, Circle-1(1)(1), Ahmedabad

Appeal of the Revenue is hereby dismissed

ITA 2035/AHD/2016[2011-12]Status: DisposedITAT Ahmedabad15 Jul 2022AY 2011-12

Bench: Shri Mahavir Prasad & Shri Waseem Ahmedasstt. Sr.No.

For Appellant: Shri S.N. Soparkar, Sr. Advocate with Shri Vartik Choksi, A.RFor Respondent: Shri Mohd. Usman, C.I.T.DR

Section 143(3)Section 28Section 35Section 92C

…आयकर अपीलीय अिधकरण, अहमदाबाद "यायपीठ IN THE INCOME TAX APPELLATE TRIBUNAL, ‘’D’’ BENCH, AHMEDABAD BEFORE SHRI MAHAVIR PRASAD, JUDICIAL MEMBER AND SHRI WASEEM AHMED, ACCOUNTANT MEMBER Asstt. Sr.No. ITA No. Name of Appellant Name of Respondent Year Adani Enterprises Ltd., Adani House, Nr. Mithakhali Six Roads, No.2035/Ahd/2016 2011-12 D.C.I.T, Navrangpura, 1-2. & & Circle-1(1)(1), Ahmedabad. No.941/Ahd/2018 2012-13 Ahmedabad PAN :AABCA2804L Adani Enterprises Ltd., Adani House, Nr. No.2030/Ahd/2016 2011-12 D.C.I.T, Mithakhali Six Roads, 3-4 & & Circle-1(1)(1), Navrangpura, No.913/Ahd/2018 2012-13 Ahmedabad Ahmeda…

The DCIT, Circle-1(1)(1), Ahmedabad vs. Adani Wilmair Ltd., Ahmedabad

In the result, the CO. of the assessee is partly allowed

ITA 1761/AHD/2016[2011-12]Status: DisposedITAT Ahmedabad19 Aug 2020AY 2011-12

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./Ita No. 1761/Ahd/2016 With C.O. No.133/Ahd/2016 "नधा"रण वष"/Asstt. Year: 2011-2012 D.C.I.T., Adani Wilmar Ltd., Circle-1(1)(1), Vs. “Fortune House”, Ahmedabad. Near Adani House Mithakali Cross Roads, Navrangpura, Ahmedabad Pan: Aabca8056G

For Appellant: Shri S.N. Soparkar, Sr. Advocate with Shri Parin Shah, &For Respondent: Shri Vinod Tanwani, Sr. D.R

Section 10(34)Section 14ASection 41(1)

…आयकर अपील"य अ"धकरण, अहमदाबाद "यायपीठ IN THE INCOME TAX APPELLATE TRIBUNAL, ‘’ D’’ BENCH, AHMEDABAD (CONDUCTED THROUGH VIRTUAL COURT AT AHMEDABAD) BEFORE SHRI RAJPAL YADAV, VICE PRESIDENT And SHRI WASEEM AHMED, ACCOUNTANT MEMBER आयकर अपील सं./ITA No. 1761/AHD/2016 With C.O. No.133/Ahd/2016 "नधा"रण वष"/Asstt. Year: 2011-2012 D.C.I.T., Adani Wilmar Ltd., Circle-1(1)(1), Vs. “Fortune House”, Ahmedabad. Near Adani House Mithakali Cross Roads, Navrangpura, Ahmedabad PAN: AABCA8056G (Applicant) (Respondent) Revenue by : Shri Vinod Tanwani, Sr. D.R Assessee by : Shri S.N. Soparkar, Sr. Advocate with Shri Parin Shah, &…

M/S. Rajshree Builder & Promoters Pvt. Ltd., New Delhi vs. ITO, New Delhi

The appeal of the assessee is partly allowed for statistical purposes

ITA 679/DEL/2017[2011-12]Status: DisposedITAT Delhi28 Feb 2020AY 2011-12

Bench: Shri Amit Shukla & Shri O.P. Kant

Section 143(2)Section 143(3)Section 234ASection 250(6)Section 41(1)

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: ‘F’, NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI O.P. KANT, ACCOUNTANT MEMBER ITA No.679/Del./2017 Assessment Year: 2011-12 M/s. Rajshree Builder & Vs. ITO, Promoters Pvt. Ltd., Ward-15(2), A.S. Legal, G-8, Jain Bhawan, New Delhi 18/12 Pusa Lane, W.E.A., Karol Bagh, New Delhi PAN :AAACR4754R (Appellant) (Respondent) Appellant by Shri Rajiv Saxena, Adv. Ms. Sumangla Saxena, Adv. Respondent by Shri Parikshit Singh, Sr.DR Date of hearing 12.02.2020 Date of pronouncement 28.02.2020 ORDER PER O.P. KANT, AM: This appeal by the assessee is directed…

The DCIT, Circle-4, Ahmedabad vs. Gopala Polyplast Ltd., Ahmedabad

In the result, the appeal of the Revenue is dismissed

ITA 1193/AHD/2014[2009-10]Status: DisposedITAT Ahmedabad27 May 2019AY 2009-10

Bench: Shri Mahavir Prasad & Shri Waseem Ahmedआयकर अपील सं./Ita No.1193/Ahd/2014 "नधा"रण वष"/Asstt. Year: 2009-2010 D.C.I.T, Gopala Polyplast Ltd., Circle-4, Vs. ½, Akansha Apartments, Ahmedabad. Sola Road, Ghatlodiya, Ahmedbad. Pan: Aabcg1282C

For Appellant: Shri A.L. Thakkar, A.R

Section 41

…ome under the provisions of section 41(1) of the Act on account of the cessation of liabilities. 18.1 Regarding this we find support and guidance from the judgment of Hon’ble Gujarat High Court in the case of CIT versus Babul Products Private Ltd reported in 96 Taxmann.com 82 wherein it was held as under: “3. Now so far as proposed question no.(b) is concerned, the same is squarely covered against the revenue in view of the decision of the Hon'ble Supreme Court in the case of Commissioner v. Mahindra & Mahindra Ltd. [2018] 93 taxmann.com Asstt. Year 2009-10 15 32/255 Taxman 305. The factual matrix, which came t…

The ITO, Ward 1(3), Rajkot-Gujarat vs. M/S Pavan Construction Co, Rajkot-Gujarat

ITA 760/RJT/2010[2005-06]Status: DisposedITAT Rajkot15 Oct 2018AY 2005-06

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

For Appellant: Shri M. J. Ranpura, A.RFor Respondent: Shri Praveen Kumar, Sr.D.R

Section 133(6)Section 40A(3)Section 41(1)Section 68

…आयकर अपील"य अ"धकरण, राजकोट "यायपीठ, राजकोट । IN THE INCOME TAX APPELLATE TRIBUNAL RAJKOT BENCH, RAJKOT olhe vgen] ys[kk lnL;, के सम"। सव"ी राजपाल यादव "या"यक सद"य एवं olhe vgen] ys[kk lnL; olhe vgen] ys[kk lnL; olhe vgen] ys[kk lnL; BEFORE SHRI RAJPAL YADAV, JUDICIAL MEMBER AND SHRI WASEEM AHMED, ACCOUNTANT MEMBER I.T.A. Nos. 760 & 761/Rjt/2010 (Assessment Years : 2005-06 & 2006-07) Income Tax Officer, M/s. Pavan Const. Co., बनाम/ Ward – 1(3), 285, Vrundavan Vs. Rajkot. Society, Kalavad Road, Rajkot. Cross Objection Nos. 32 & 33/Rjt/2010 (in I.T.A. Nos. 760 & 761/Rjt/2010) (Assessment Year : 2005-06 & 2006-07)…