MIRAH HOSPITALITY & FOOD SOLUTIONS P.LTD,MUMBAI vs. DCIT CEN CIR 2(1), MUMBAI
ITA 4693/MUM/2018[2008-09]Status: DisposedITAT Mumbai24 Sept 2020AY 2008-09
Bench: The Itat In These Cases Against A Common Order Of Learned Cit(A) For A.Y. 2008-09, 2009-10 & 2010-11 Dated 28.5.2018. 2. Brief Facts Of The Case Are That The Assessee Is Engaged In The Business Of “Hotels & Resorts”, Filed The Return Of Income For The Ay 2009-2010 Declaring The Total Loss Of Rs.43,15,534/- After Set Off Of Ltcg Of Rs. 1,31,36,082/-. Assessee Is A Group Concern Of M/S. Twinkle Group. There Was A Search & Seizure Action On The Said M/S. Twinkle Group U/S 132 Of The Act. Accordingly, In Response To The Notice U/S 153A Of The Act, Assessee Filed The Return Of Income Declaring The Same Total Loss (Rs. (-) 43,15,334/-). Ao Completed The Assessment U/S 143(3) R.W.S 153A Of The Act Determining The Total Loss Of Rs. 3,82,977/- Which Include Certain Disallowances & Rs. 27,68,422/- Is One
Section 115JSection 132Section 143(3)Section 14ASection 153A
…TO 3. 145 ITR 255 (All.) S. P. Kochhar v. ITO 4. 186 ITR 253 (All) Sri Vindhya Vasini Prasad Gupta v. CIT 5. 115 taxmann.com 288 (Guj.) Engineering Professional Co. (P.) Ltd. v. DCIT 6. 268 Taxman 213 (Madras) Neeta Suneel Shah Do. Ramesh Bhai Doshi v. ITO 7. 213 ITR 502 (Madras), Raja DV Seetharamaya v. WTO 8. Furthermore, learned Counsel of the assessee also filed additional ground for A.Ys. 2008-09 & 2009-10 that learned CIT(A) erred was not justified in dismissing the ground No. 2 raised before him as regards the addition of Rs. 15,62,856/- for A.Y. 2008-09 and Rs. 27,68,422/- for A.Y. 2009-10 in the book pr…