PCIT v. Colo Colours Pvt. Ltd.

178 Taxmann.com 458High Court2025#15126 most cited
6

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2025 to 2026.

Sections most often in play

Section 147Section 271(1)(c)Section 274Section 250Section 143(3)Section 145(3)Section 148Section 133(6)

Issues it is cited on

penalty under section 271(1)(c)section 274concealment of incomepenalty u/s 271(1)(c)section 271(1)levy of penaltysection 271(1)(c)income-tax officersection 271section 25section 27section 147

Judgments citing PCIT v. Colo Colours Pvt. Ltd.

R J Corporation, Mumbai vs. Income Tax Officer, 42(1)(4), Mumbai

In the result, both the appeals of the assessee are allowed

ITA 7715/MUM/2025[2011-12]Status: DisposedITAT Mumbai11 Feb 2026AY 2011-12

Bench: SHRI SAKTIJIT DEY (Vice President), SHRI MAKARAND VASANT MAHADEOKAR (Accountant Member)

Section 133(6)Section 143(3)Section 145(3)Section 147Section 148Section 250Section 271(1)(c)Section 274

…IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH MUMBAI BEFORE SHRI SAKTIJIT DEY, VICE PRESIDENT & SHRI MAKARAND VASANT MAHADEOKAR, ACCOUNTANT MEMBER 1. ITA No. 7714/Mum/2025 (Assessment Year: 2010-11) & 2. ITA No. 7715/Mum/2025 (Assessment Year: 2011-12) R. J. Corporation ITO-42(1)(4), Flat No. 102, Priya Prabha Kautilya Bhavan, Bldg, Daulat Nagar Road- Vs. Mumbai-400 051 10, Borivali (East), Mumbai-400 066. PAN/GIR No. AAJFR8046C (Applicant) (Respondent) Assessee by Shri Dharan Gandhi, Ld. AR Revenue by Shri Annavaram Kosuri, Ld. DR Date of Hearing 10.02.2026 Date of Pronouncement 11.02.2026 आदेश / ORDER PER…

R J Corporation, Mumbai vs. Income Tax Officer, 42(1)(4), Mumbai

In the result, both the appeals of the assessee are allowed

ITA 7714/MUM/2025[2010-11]Status: DisposedITAT Mumbai11 Feb 2026AY 2010-11

Bench: SHRI SAKTIJIT DEY (Vice President), SHRI MAKARAND VASANT MAHADEOKAR (Accountant Member)

Section 133(6)Section 143(3)Section 145(3)Section 147Section 148Section 250Section 271(1)(c)Section 274

…IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH MUMBAI BEFORE SHRI SAKTIJIT DEY, VICE PRESIDENT & SHRI MAKARAND VASANT MAHADEOKAR, ACCOUNTANT MEMBER 1. ITA No. 7714/Mum/2025 (Assessment Year: 2010-11) & 2. ITA No. 7715/Mum/2025 (Assessment Year: 2011-12) R. J. Corporation ITO-42(1)(4), Flat No. 102, Priya Prabha Kautilya Bhavan, Bldg, Daulat Nagar Road- Vs. Mumbai-400 051 10, Borivali (East), Mumbai-400 066. PAN/GIR No. AAJFR8046C (Applicant) (Respondent) Assessee by Shri Dharan Gandhi, Ld. AR Revenue by Shri Annavaram Kosuri, Ld. DR Date of Hearing 10.02.2026 Date of Pronouncement 11.02.2026 आदेश / ORDER PER…

Etesh P. Jain(Karta), Shree Darshan Pipes vs. Income Tax Officer, Ward-1(1), Kalyan

In the result, the appeal in ITA No

ITA 5847/MUM/2025[2011-12]Status: DisposedITAT Mumbai02 Dec 2025AY 2011-12

Bench: Shri Anikesh Banerjee & Shri Prabhash Shankar

For Appellant: Shri Mahesh O Rajora, CAFor Respondent: Shri Hemanshu Joshi, SR DR
Section 143(3)Section 250Section 271(1)Section 271(1)(c)Section 274

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “E”, MUMBAI BEFORE SHRI ANIKESH BANERJEE, JUDICIAL MEMBER AND SHRI PRABHASH SHANKAR, ACCOUNTANT MEMBER I.T.A No.5734/Mum/2025 - A.Y. 2009-10 I.T.A No.5819/Mum/2025 - A.Y. 2010-11 I.T.A No.5847/Mum/2025 - A.Y. 2011-12 Etesh P Jain, HUF vs Income Tax Officer, Ward-1(1), Shree Darshan Pipes, Kalyan 112,A 501, NeminathDarshan Building, BaudhPada, Khadak Road, Bhiwandi, Thane-421 302 PAN : AAAHE1478G APPELLANT RESPONDENT Assessee by : Shri Mahesh O Rajora, CA Respondent by : Shri Hemanshu Joshi, SR DR Date of hearing : 18/11/2025 Date of pronouncement : 02/12/2025…

Etesh Prakash Jain (Karta), Shree Darshan Pipes vs. Income Tax Officer, Ward - 1(1), Kalyan

In the result, the appeal in ITA No

ITA 5819/MUM/2025[2010-11]Status: DisposedITAT Mumbai02 Dec 2025AY 2010-11

Bench: Shri Anikesh Banerjee & Shri Prabhash Shankar

For Appellant: Shri Mahesh O Rajora, CAFor Respondent: Shri Hemanshu Joshi, SR DR
Section 143(3)Section 250Section 271(1)Section 271(1)(c)Section 274

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “E”, MUMBAI BEFORE SHRI ANIKESH BANERJEE, JUDICIAL MEMBER AND SHRI PRABHASH SHANKAR, ACCOUNTANT MEMBER I.T.A No.5734/Mum/2025 - A.Y. 2009-10 I.T.A No.5819/Mum/2025 - A.Y. 2010-11 I.T.A No.5847/Mum/2025 - A.Y. 2011-12 Etesh P Jain, HUF vs Income Tax Officer, Ward-1(1), Shree Darshan Pipes, Kalyan 112,A 501, NeminathDarshan Building, BaudhPada, Khadak Road, Bhiwandi, Thane-421 302 PAN : AAAHE1478G APPELLANT RESPONDENT Assessee by : Shri Mahesh O Rajora, CA Respondent by : Shri Hemanshu Joshi, SR DR Date of hearing : 18/11/2025 Date of pronouncement : 02/12/2025…

Etesh Prakash Jain(HUF), Thane vs. Income Tax Officer, Ward-1(1), Kalyan

In the result, the appeal in ITA No

ITA 5734/MUM/2025[2009-10]Status: DisposedITAT Mumbai02 Dec 2025AY 2009-10

Bench: Shri Anikesh Banerjee & Shri Prabhash Shankar

For Appellant: Shri Mahesh O Rajora, CAFor Respondent: Shri Hemanshu Joshi, SR DR
Section 143(3)Section 250Section 271(1)Section 271(1)(c)Section 274

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “E”, MUMBAI BEFORE SHRI ANIKESH BANERJEE, JUDICIAL MEMBER AND SHRI PRABHASH SHANKAR, ACCOUNTANT MEMBER I.T.A No.5734/Mum/2025 - A.Y. 2009-10 I.T.A No.5819/Mum/2025 - A.Y. 2010-11 I.T.A No.5847/Mum/2025 - A.Y. 2011-12 Etesh P Jain, HUF vs Income Tax Officer, Ward-1(1), Shree Darshan Pipes, Kalyan 112,A 501, NeminathDarshan Building, BaudhPada, Khadak Road, Bhiwandi, Thane-421 302 PAN : AAAHE1478G APPELLANT RESPONDENT Assessee by : Shri Mahesh O Rajora, CA Respondent by : Shri Hemanshu Joshi, SR DR Date of hearing : 18/11/2025 Date of pronouncement : 02/12/2025…

Magan Vadhaji Prajapati, Mumbai vs. ITO Ward 19(2)(2), Mumbai

In the result, the ground of appeal raised by the assessee is allowed

ITA 5212/MUM/2025[2011-12]Status: DisposedITAT Mumbai06 Oct 2025AY 2011-12

Bench: SHRI PAWAN SINGH (Judicial Member), SHRI GIRISH AGRAWAL (Accountant Member)

Section 147Section 254(1)Section 271Section 271(1)(c)

…IN THE INCOME TAX APPELLATE TRIBUNAL, ‘C’ BENCH MUMBAI BEFORE: SHRI PAWAN SINGH, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Magan Vadhaji Prajapati Vs. I.T.O. Ward 42(1)(2), Mumbai Room No. 15, 2nd Floor, Piramal Chambers, Dr SS Rao 39/41, Kamal Niwas, Marg, Parel, Mumbai- 400012 Bhandari Street Bhandari Street, Mumbai- 400004 PAN: ANWPP 7146 B (Appellant) .. (Respondent) Assessee by Shri. Bharat Kumar -AR Revenue by Shri. Virabhadra Mahajan, Sr. DR Date of Hearing 06/10/2025 Date of Pronouncement 06 /10/2025 Order under section 254(1) of Income Tax Act PER PAWAN SINGH, JUDICIAL MEMBER: 1. This…