PCIT v. Drisha Impex (P.) Ltd.

Income Tax Officer-17(1)(1), Mumbai vs. Anantam, Mumbai

In the result, both the appeals filed by the Revenue are dismissed

Bench: Shri Vikram Singh Yadav, Am & Ms. Kavitha Rajagopal, Jm

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, MUMBAI BEFORE SHRI VIKRAM SINGH YADAV, AM AND MS. KAVITHA RAJAGOPAL, JM ITA Nos.8818 & 8819/Mum/2025 (Assessment Years: 2015-16 & 2017-18) Income Tax Officer, M/s. Anantam, 233, Income Tax Office, 76, Bombay Mutual Building, Vs. Kautilya Bhawan, BKC, Sir P.M. Road, Fort, Mumbai – 400 051 Mumbai – 400 001 PAN:AAJFA7749R (Appellant) (Respondent) : Assessee by : Shri D.C. Jain, AR Respondent by : Shri Surendra Mohan, Sr. DR Date of Hearing : 04.03.2026 : 26.03.2026 Date of Pronouncement O R D E R Per Kavitha Rajagopal, JM: The captioned appeals are filed by the…

Income Tax Officer-17(1)(1), Mumbai vs. Anantam, Mumbai

In the result, both the appeals filed by the Revenue are dismissed

Bench: Shri Vikram Singh Yadav, Am & Ms. Kavitha Rajagopal, Jm

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, MUMBAI BEFORE SHRI VIKRAM SINGH YADAV, AM AND MS. KAVITHA RAJAGOPAL, JM ITA Nos.8818 & 8819/Mum/2025 (Assessment Years: 2015-16 & 2017-18) Income Tax Officer, M/s. Anantam, 233, Income Tax Office, 76, Bombay Mutual Building, Vs. Kautilya Bhawan, BKC, Sir P.M. Road, Fort, Mumbai – 400 051 Mumbai – 400 001 PAN:AAJFA7749R (Appellant) (Respondent) : Assessee by : Shri D.C. Jain, AR Respondent by : Shri Surendra Mohan, Sr. DR Date of Hearing : 04.03.2026 : 26.03.2026 Date of Pronouncement O R D E R Per Kavitha Rajagopal, JM: The captioned appeals are filed by the…

ACIT, Circle -20(1), Mumbai vs. Utkarsha Vivek Parkar, Mumbai

In the result appeal filed by the Revenue is dismissed

Bench: Shri Saktijit Dey & Shri Makarand Vasant Mahadeokaracit Circle-20(1), Utkarsha Vivek Mumbai Parkar, Room No. 305, 3Rd Vs. 108, A-Wing, Byculla Floor, Piramal Service Industrial Chambers, Parel, Estate, D. K. Cross Mumbai – 400 012. Road, Byculla, Mumbai-400 027 Pan/Gir No. Agjpp4377J (Applicant) (Respondent) Revenue By Shri Nayanjyoti Nath, Ld. Dr Assessee By Ms. Dinkle Hariya, Ld. Ar Date Of Hearing 11.03.2026 Date Of Pronouncement 16.03.2026

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH MUMBAI BEFORE SHRI SAKTIJIT DEY, VICE PRESIDENT & SHRI MAKARAND VASANT MAHADEOKAR, ACCOUNTANT MEMBER ACIT Circle-20(1), Utkarsha Vivek Mumbai Parkar, Room No. 305, 3rd Vs. 108, A-Wing, Byculla Floor, Piramal Service Industrial Chambers, Parel, Estate, D. K. Cross Mumbai – 400 012. Road, Byculla, Mumbai-400 027 PAN/GIR No. AGJPP4377J (Applicant) (Respondent) Revenue by Shri Nayanjyoti Nath, Ld. DR Assessee by Ms. Dinkle Hariya, Ld. AR Date of Hearing 11.03.2026 Date of Pronouncement 16.03.2026 आदेश / ORDER PER MAKARAND VASANT MAHADEOKAR, AM: This appeal by the Rev…

Navgrahaa Jewels Private Limited, Mumbai vs. Deputy Commissioner, Mumbai

In the result, the appeal of the assessee bearing ITA No

Bench: Shri Anikesh Banerjee & Shri Makarand Vasant Mahadeokarnavgrahaa Jewels Private Ltd. Vs Deputy Commissioner 7(1)(1), Unit No.341 & 342, Pragati Mumbai Industrial Esrate, N. M. Joshi Aayakar Bhawan, Mumbai-400020 Marg, Lower Parel East, Mumbai-400011 Pan: Aaecn0220G Appellant Respondent Assessee By : Shri Dharan Gandhi, Adv., Ms. Vinita Nara Adv Respondent By : Shri Leyaqat Ali Aafaqui, Sr Dr Date Of Hearing : 28/01/2026 Date Of Pronouncement : 30/01/2026 O R D E R Per: Anikesh Banerjee (Jm): The Instant Appeal Of The Assessee Filed Against The Order Of The Nfac, Delhi [For Brevity ‘The Ld. Cit(A)], Order Passed Under Section 250 Of The Income Tax Act 1961 (For Brevity ‘The Act’) For Assessment Year 2013-14, Date Of Order 11.11.2024. The Impugned Order Emanated From The Order Of The Assessment

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “B”, MUMBAI BEFORE SHRI ANIKESH BANERJEE, JUDICIAL MEMBER AND SHRI MAKARAND VASANT MAHADEOKAR, ACCOUNTANT MEMBER Navgrahaa Jewels Private Ltd. vs Deputy Commissioner 7(1)(1), Unit No.341 & 342, Pragati Mumbai Industrial Esrate, N. M. Joshi Aayakar Bhawan, Mumbai-400020 Marg, Lower Parel East, Mumbai-400011 PAN: AAECN0220G APPELLANT RESPONDENT Assessee by : Shri Dharan Gandhi, Adv., Ms. Vinita Nara Adv Respondent by : Shri Leyaqat Ali Aafaqui, SR DR Date of hearing : 28/01/2026 Date of pronouncement : 30/01/2026 O R D E R Per: Anikesh Banerjee (JM): The instant app…

Dy. Commissioner of Income Tax, Central Circle-3(3), Mumbai vs. Kalpataru Projects International Limited, Gujarat

In the result, the appeal of the assessee bearing ITA No

Bench: Shri Anikesh Banerjee & Shri Prabhash Shankar

…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.5959/Mum/2025 - A.Y. 2020-21 I.T.A No.5960/Mum/2025 - A.Y. 2019-20 I.T.A No.5961/Mum/2025 - A.Y. 2018-19 Kalpataru Projects vs DCIT, central Circle-3(3), Mumbai International Ltd. Room 404, Kautilya Bhawan, G 101, Part-III, GIDC Estate Block BKC, Bandra East, Mumbai- Sector-28, Gandhinagar, 400051 Gujarat-382028 PAN: AAACK8387R APPLICANT RESPONDENT I.T.A No.6113/Mum/2025 - A.Y. 2018-19 I.T.A No.6114/Mum/2025 - A.Y. 2019-20 I.T.A No.6159/Mum/2025 - A.Y.…

Dy. Commissioner of Income Tax, Central Circle-3(3), Mumbai vs. Kalpataru Projects Inernational Limited, Gujarat

In the result, the appeal of the assessee bearing ITA No

Bench: Shri Anikesh Banerjee & Shri Prabhash Shankar

…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.5959/Mum/2025 - A.Y. 2020-21 I.T.A No.5960/Mum/2025 - A.Y. 2019-20 I.T.A No.5961/Mum/2025 - A.Y. 2018-19 Kalpataru Projects vs DCIT, central Circle-3(3), Mumbai International Ltd. Room 404, Kautilya Bhawan, G 101, Part-III, GIDC Estate Block BKC, Bandra East, Mumbai- Sector-28, Gandhinagar, 400051 Gujarat-382028 PAN: AAACK8387R APPLICANT RESPONDENT I.T.A No.6113/Mum/2025 - A.Y. 2018-19 I.T.A No.6114/Mum/2025 - A.Y. 2019-20 I.T.A No.6159/Mum/2025 - A.Y.…

Dy. Commissioner of Income Tax, Central Circle-3(3), Mumbai vs. Kalpataru Projects International Limited, Gujarat

In the result, the appeal of the assessee bearing ITA No

Bench: Shri Anikesh Banerjee & Shri Prabhash Shankar

…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.5959/Mum/2025 - A.Y. 2020-21 I.T.A No.5960/Mum/2025 - A.Y. 2019-20 I.T.A No.5961/Mum/2025 - A.Y. 2018-19 Kalpataru Projects vs DCIT, central Circle-3(3), Mumbai International Ltd. Room 404, Kautilya Bhawan, G 101, Part-III, GIDC Estate Block BKC, Bandra East, Mumbai- Sector-28, Gandhinagar, 400051 Gujarat-382028 PAN: AAACK8387R APPLICANT RESPONDENT I.T.A No.6113/Mum/2025 - A.Y. 2018-19 I.T.A No.6114/Mum/2025 - A.Y. 2019-20 I.T.A No.6159/Mum/2025 - A.Y.…

Kalpataru Projects International Ltd, Gujarat vs. DCIT, CC-3(3), Mumbai

In the result, the appeal of the assessee bearing ITA No

Bench: Shri Anikesh Banerjee & Shri Prabhash Shankar

…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.5959/Mum/2025 - A.Y. 2020-21 I.T.A No.5960/Mum/2025 - A.Y. 2019-20 I.T.A No.5961/Mum/2025 - A.Y. 2018-19 Kalpataru Projects vs DCIT, central Circle-3(3), Mumbai International Ltd. Room 404, Kautilya Bhawan, G 101, Part-III, GIDC Estate Block BKC, Bandra East, Mumbai- Sector-28, Gandhinagar, 400051 Gujarat-382028 PAN: AAACK8387R APPLICANT RESPONDENT I.T.A No.6113/Mum/2025 - A.Y. 2018-19 I.T.A No.6114/Mum/2025 - A.Y. 2019-20 I.T.A No.6159/Mum/2025 - A.Y.…

Kalpataru Projects International Ltd, Mumbai vs. DCIT, CC-3(3), Mumbai

In the result, the appeal of the assessee bearing ITA No

Bench: Shri Anikesh Banerjee & Shri Prabhash Shankar

…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.5959/Mum/2025 - A.Y. 2020-21 I.T.A No.5960/Mum/2025 - A.Y. 2019-20 I.T.A No.5961/Mum/2025 - A.Y. 2018-19 Kalpataru Projects vs DCIT, central Circle-3(3), Mumbai International Ltd. Room 404, Kautilya Bhawan, G 101, Part-III, GIDC Estate Block BKC, Bandra East, Mumbai- Sector-28, Gandhinagar, 400051 Gujarat-382028 PAN: AAACK8387R APPLICANT RESPONDENT I.T.A No.6113/Mum/2025 - A.Y. 2018-19 I.T.A No.6114/Mum/2025 - A.Y. 2019-20 I.T.A No.6159/Mum/2025 - A.Y.…

Kalpataru Projects International Ltd, Gujarat vs. DCIT, CC-3(3), Mumbai

In the result, the appeal of the assessee bearing ITA No

Bench: Shri Anikesh Banerjee & Shri Prabhash Shankar

…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.5959/Mum/2025 - A.Y. 2020-21 I.T.A No.5960/Mum/2025 - A.Y. 2019-20 I.T.A No.5961/Mum/2025 - A.Y. 2018-19 Kalpataru Projects vs DCIT, central Circle-3(3), Mumbai International Ltd. Room 404, Kautilya Bhawan, G 101, Part-III, GIDC Estate Block BKC, Bandra East, Mumbai- Sector-28, Gandhinagar, 400051 Gujarat-382028 PAN: AAACK8387R APPLICANT RESPONDENT I.T.A No.6113/Mum/2025 - A.Y. 2018-19 I.T.A No.6114/Mum/2025 - A.Y. 2019-20 I.T.A No.6159/Mum/2025 - A.Y.…

ITO 19.3.1, Mumbai vs. Mehta Suresh Ukhchand HUF, Mumbai

Bench: Shri Amit Shukla, Jm & Shri Arun Khodpia, Am

…आयकर अपीलीय अिधकरण "याय पीठ मुंबई म"। IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, MUMBAI BEFORE SHRI AMIT SHUKLA, JM & SHRI ARUN KHODPIA, AM I.T.A. No.1390/Mum/2025 (Assessment Year: 2009-10) ITO 19.3.1, Mehta Suresh Ukhchand HUF, 405, 4th Floor, Piramal Chambers, 21/23, 1st Pathan Street, 4th Vs. Parel, Mumbai-400012 Kumbharwada Mumbai-400004 PAN: AAAHM6719E Revenue-अपीलाथ" / Appellant Assessee- ""यथ" / Respondent : Assessee by : Ms Ridhisha Jain Revenue by : Shri Annavaran Kosuri, Sr. AR Date of Hearing 23.12.2025 : Date of Pronouncement : 29.12.2025 O R D E R Per Arun Khodpia, AM: The captioned appeal…

Dy. Commissioner of Income Tax, Central Circle-3(3), Mumbai vs. Kalpataru Projects International Limited, Gujarat

In the result, the appeals by the assessee for the assessment years

Bench: Shri Om Prakash Kantshri Sandeep Singh Karhail

…IN THE INCOME TAX APPELLATE TRIBUNAL “E” BENCH, MUMBAI BEFORE SHRI OM PRAKASH KANT, ACCOUNTANT MEMBER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA No.5962/MUM/2025 ITA No.5963/MUM/2025 (Assessment Year 2017-18) (Assessment Year 2015-16) ITA No.5965/MUM/2025 (Assessment Year 2014-15) (Assessment Year 2013-14) Kalpataru Projects International Ltd., 101, Part-III, G IDC Estate Sector – 28, Gandhinagar, Gujarat – 382028 ............... Appellant PAN: AAACK8387R v/s Deputy Commissioner of Income Tax, Central Circle - 3(3), ……………… Respondent Mumbai Deputy Commissioner of Income Tax, Central Circle - 3(3), Mumba…

Kalpataru Projects International Ltd, Mumbai vs. DCIT, CC-3(3), Mumbai

In the result, the appeals by the assessee for the assessment years

Bench: Shri Om Prakash Kantshri Sandeep Singh Karhail

…IN THE INCOME TAX APPELLATE TRIBUNAL “E” BENCH, MUMBAI BEFORE SHRI OM PRAKASH KANT, ACCOUNTANT MEMBER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA No.5962/MUM/2025 ITA No.5963/MUM/2025 (Assessment Year 2017-18) (Assessment Year 2015-16) ITA No.5965/MUM/2025 (Assessment Year 2014-15) (Assessment Year 2013-14) Kalpataru Projects International Ltd., 101, Part-III, G IDC Estate Sector – 28, Gandhinagar, Gujarat – 382028 ............... Appellant PAN: AAACK8387R v/s Deputy Commissioner of Income Tax, Central Circle - 3(3), ……………… Respondent Mumbai Deputy Commissioner of Income Tax, Central Circle - 3(3), Mumba…

Kalpataru Projects International Ltd, Mumbai vs. DCIT, CC-3(3), Mumbai

In the result, the appeals by the assessee for the assessment years

Bench: Shri Om Prakash Kantshri Sandeep Singh Karhail

…IN THE INCOME TAX APPELLATE TRIBUNAL “E” BENCH, MUMBAI BEFORE SHRI OM PRAKASH KANT, ACCOUNTANT MEMBER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA No.5962/MUM/2025 ITA No.5963/MUM/2025 (Assessment Year 2017-18) (Assessment Year 2015-16) ITA No.5965/MUM/2025 (Assessment Year 2014-15) (Assessment Year 2013-14) Kalpataru Projects International Ltd., 101, Part-III, G IDC Estate Sector – 28, Gandhinagar, Gujarat – 382028 ............... Appellant PAN: AAACK8387R v/s Deputy Commissioner of Income Tax, Central Circle - 3(3), ……………… Respondent Mumbai Deputy Commissioner of Income Tax, Central Circle - 3(3), Mumba…

Kalpataru Projects International Ltd, Mumbai vs. DCIT, CC-3(3), Mumbai

In the result, the appeals by the assessee for the assessment years

Bench: Shri Om Prakash Kantshri Sandeep Singh Karhail

…IN THE INCOME TAX APPELLATE TRIBUNAL “E” BENCH, MUMBAI BEFORE SHRI OM PRAKASH KANT, ACCOUNTANT MEMBER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA No.5962/MUM/2025 ITA No.5963/MUM/2025 (Assessment Year 2017-18) (Assessment Year 2015-16) ITA No.5965/MUM/2025 (Assessment Year 2014-15) (Assessment Year 2013-14) Kalpataru Projects International Ltd., 101, Part-III, G IDC Estate Sector – 28, Gandhinagar, Gujarat – 382028 ............... Appellant PAN: AAACK8387R v/s Deputy Commissioner of Income Tax, Central Circle - 3(3), ……………… Respondent Mumbai Deputy Commissioner of Income Tax, Central Circle - 3(3), Mumba…

Kalpataru Projects International Ltd, Mumbai vs. DCIT, CC-3(3), Mumbai

In the result, the appeals by the assessee for the assessment years

Bench: Shri Om Prakash Kantshri Sandeep Singh Karhail

…IN THE INCOME TAX APPELLATE TRIBUNAL “E” BENCH, MUMBAI BEFORE SHRI OM PRAKASH KANT, ACCOUNTANT MEMBER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA No.5962/MUM/2025 ITA No.5963/MUM/2025 (Assessment Year 2017-18) (Assessment Year 2015-16) ITA No.5965/MUM/2025 (Assessment Year 2014-15) (Assessment Year 2013-14) Kalpataru Projects International Ltd., 101, Part-III, G IDC Estate Sector – 28, Gandhinagar, Gujarat – 382028 ............... Appellant PAN: AAACK8387R v/s Deputy Commissioner of Income Tax, Central Circle - 3(3), ……………… Respondent Mumbai Deputy Commissioner of Income Tax, Central Circle - 3(3), Mumba…

Gordhanbhai Govindbhai Kalathiya, Thane, Maharashtra vs. ITO- (2) (1), Thane, Maharashtra

Appeal is partly allowed in the aforesaid terms

Bench: Shri Narender Kumar Choudhryassessment Year: 2010-11

…IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH “SMC”, MUMBAI BEFORE SHRI NARENDER KUMAR CHOUDHRY, JUDICIAL MEMBER Assessment Year: 2010-11 Mr. Gordhanbhai G. Kalathiya, Income Tax Officer-(2)(1), B 702, Rashmi Crystal, Qureshi Mansion, Sai Complex, Gokhale Road, Opp Shanti Nagar Vihar, Thane Vs. Near Joggers Park, Maharashtra – 400 602 Mira Road East, Thane, Maharashtra – 401 107 PAN: AMAPK4630N (Appellant) (Respondent) Present for: Assessee by : Shri Raj Kumar Singh, Ld. A.R. (Virtually) Revenue by : Shri Kiran K. Chhatrapati, Ld. Sr. D.R. Date of Hearing : 18.09.2025 Date of Pronouncement : 16.12.2025…

Pratap Thakraji Solanki, Mumbai vs. Income Tax Officer Ward 19(3)(1), Mumbai

In the result, assessee's appeal is allowed

Bench: Shri Rahul Chaudhary & Smt.Renu Jauhri

…IN THE INCOME-TAX APPELLATE TRIBUNAL “SMC” BENCH, MUMBAI BEFORE SHRI RAHUL CHAUDHARY, JUDICIAL MEMBER & SMT.RENU JAUHRI, ACCOUNTANT MEMBER ITA No.5227/MUM/2025 (A.Y.2019-20) Pratap Thakraji Solanki Vs. Income Tax Officer 19(3)(1) Office No. 12, 1st Floor, Room No. 405, 4th Floor, 43/45 Pavwala Building, Piramal Chamber, 3rd Kumbharwada Lane, Lalbaug, Parel, Opp. Durgadevi Udyan, Mumbai-400012. Mumbai-400004. स्थायी लेखा सं./जीआइआर सं./PAN/GIR No:DOXPS1865H Appellant .. Respondent Appellant by : Shri Pankaj Jain/ Ms. Karuna Shirdhankar Respondent by : Shri Sandeep Jumale- Sr. DR Date of Hearing 14.10.2025 Date of…

Walmark Garment Compamy Pvt Ltd, Mumbai vs. ITO Ward 14(3)(1), Mumbai

In the result, the assessee’s appeal is hereby dismissed

Bench: Shri Pawan Singh & Smt.Renu Jauhriwalmark Garment Company Vs. Income Tax Officer Pvt. Ltd. Ward 14(3)(1), Ch. No. 9 , Shop No. 18, Aayakar Bhavan, Porbandarwala Chawl, Mumbai-400020. Chiragnagar, L.B.S Marg, Ghatkopar West, Mumbai-400086. "थायी लेखा सं./जीआइआर सं./Pan/Gir No:Aaacw9438P Appellant .. Respondent

…IN THE INCOME-TAX APPELLATE TRIBUNAL “G” BENCH, MUMBAI BEFORE SHRI PAWAN SINGH, JUDICIAL MEMBER & SMT.RENU JAUHRI, ACCOUNTANT MEMBER Walmark Garment Company Vs. Income Tax Officer Pvt. Ltd. Ward 14(3)(1), CH. No. 9 , Shop No. 18, Aayakar Bhavan, Porbandarwala Chawl, Mumbai-400020. Chiragnagar, L.B.S Marg, Ghatkopar West, Mumbai-400086. "थायी लेखा सं./जीआइआर सं./PAN/GIR No:AAACW9438P Appellant .. Respondent Appellant by : Shri Sharwan Kumar Jha Respondent by : Shri Swapnil Choudhary- Sr. AR Date of Hearing 22.09.2024 Date of Pronouncement 14.10.2025 आदेश / O R D E R PER RENU JAUHRI [A.M.] :- This appeal is fi…

Anil K. Shah HUF, Mumbai vs. Income Tax Officer Ward 41(2), Mumbai

In the result, the appeal of the assessee is allowed

Bench: Shri Vikram Singh Yadav & Shri Anikesh Banerjeeassessment Year : 2009-10 Anil K. Shah (Huf), Income Tax Officer, 703, Supershav, Nahur Road, Ward-41(2)(1), Sarvodaya Nagar, Vs. Room No. 636, Mulund (West), Kautilya Bhavan, Mumbai-400080. Bandra Kurla Complex, Pan : Aadha5072M Bandra East, Mumbai-400051. (Appellant) (Respondent) For Assessee : Shri Devendra Jain & Shri Shashank Mehta For Revenue : Shri Surendra Mohan, Sr.Dr Date Of Hearing : 10-09-2025 Date Of Pronouncement : 16-09-2025 O R D E R Per Vikram Singh Yadav, A.M : This Is An Appeal Filed By The Assessee Against The Order Of The Learned Commissioner Of Income Tax (Appeals)-National Faceless Appeal Centre (Nfac), Delhi [„Ld.Cit(A)‟], Dated 25-04-2025, Pertaining To Assessment Year (Ay) 2009-10, Challenging The Sustenance Of Levy Of Penalty Of Rs. 6,96,096/- U/S. 271(1)(C) Of The Income Tax Act, 1961 („The Act‟).

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI “A” BENCH : MUMBAI BEFORE SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER Assessment Year : 2009-10 Anil K. Shah (HUF), Income Tax Officer, 703, Supershav, Nahur Road, Ward-41(2)(1), Sarvodaya Nagar, vs. Room No. 636, Mulund (West), Kautilya Bhavan, Mumbai-400080. Bandra Kurla Complex, PAN : AADHA5072M Bandra East, Mumbai-400051. (Appellant) (Respondent) For Assessee : Shri Devendra Jain & Shri Shashank Mehta For Revenue : Shri Surendra Mohan, Sr.DR Date of Hearing : 10-09-2025 Date of Pronouncement : 16-09-2025 O R D E R PER VIKRAM…