Rajmandir Estate Pvt. Ltd. v. Pr. CIT

70 Taxmann.com 124High Court2016#1304 most cited

What is Rajmandir Estate Pvt. Ltd. v. Pr. CIT authority for?

Under Section 68, the assessee's onus to prove cash credits, such as share application money, is not discharged merely by providing investor addresses and PANs. The assessee must also establish the creditworthiness and capacity of the investors and the genuineness of the transactions, especially when these are doubted by the Assessing Officer.

87

judgments rely on this decision, according to BharatTax’s citation analysis of 366,005 Indian tax judgments — from 2017 to 2025.

Also referred to as

Rajmandir Estate Pvt. Ltd. · Section 68 · cash credit · share application money · onus of assessee · creditworthiness of creditor · genuineness of transaction · lack of enquiry · erroneous and prejudicial · Section 263

Sections most often in play

Section 143(3)Section 263Section 133(6)Section 142(1)Section 143(2)Section 68Section 115JBSection 132

Issues it is cited on

section 61principal officermalabar industrialcreditworthiness of the creditorsection 144apaper companynon application of mindshare application moneylack of enquirybeneficial ownererroneous and prejudicialborrowed satisfaction

Judgments citing Rajmandir Estate Pvt. Ltd. v. Pr. CIT

Sachin Ramdas Mohite, Satara vs. Pr. Commissioner of Income-Tax-3, Pune

Appeal is allowed in above terms

ITA 395/PUN/2019[2013-14]Status: DisposedITAT Pune10 Oct 2022AY 2013-14

Bench: Shri S.S. Godara, Jm & Shri G.D. Padmahshali, Am

For Appellant: Shri M.K. KulkarniFor Respondent: Shri Sardar Singh Meena
Section 263Section 37Section 40A(3)Section 69A

…IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH, PUNE BEFORE SHRI S.S. GODARA, JM AND SHRI G.D. PADMAHSHALI, AM I.T.A. No. 395/PUN/2019 : A.Y. 2013-14 Mr. Sachin Ramdas Mohite A/P Khandala, Dist. Satara 415 523 PAN: AMDPM 1310 D : Appellant Vs. The Pr. Commissioner of Income-tax-3, Pune Respondent Appellant by : Shri M.K. Kulkarni Respondent by: Shri Sardar Singh Meena Date of hearing : 04-10-2022 Date of pronouncement : 10-10-2022 ORDER PER SHRI S.S. GODARA, JUDICIAL MEMBER ; This assessee’s appeal for A.Y. 2013-14 arises against the Pr. CIT-3’s order No. Pn/Pr.CIT/263/MBR/2017-18/5000 dated 06-03-2018, in pr…

Compucom Software Limited, Jaipur vs. Principal Commissioner of Income Tax, Jaipur-2, Jaipur

In the result the appeal of the assessee is allowed for statistical purposes

ITA 153/JPR/2022[2017-18]Status: DisposedITAT Jaipur31 Aug 2022AY 2017-18
For Appellant: Sh. Rajeev Sogani (CA)For Respondent: Sh. Sanjay Dhariwal (CIT)
Section 143(3)Section 14ASection 263

…आयकर अपीलीय अधिकरण] जयपुर न्यायपीठ] जयपुर IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,’B’ JAIPUR Jh lanhi xkslkbZ] U;kf;d lnL; ,oa Jh jkBkSM deys’k t;arHkkbZ] ys[kk lnL; ds le{k BEFORE: SHRI SANDEEP GOSAIN, JM & SHRI RATHOD KAMLESH JAYANTBHAI, AM vk;dj vihy la-@ITA No. 153/JP/2022 fu/kZkj.k o"kZ@Assessment Year :2017-18 cuke Compucom Software Ltd., Principal Commissioner of Vs. IT-14-15, EPIP Sitapura Income Tax-2, Jaipur Jaipur LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: AAACG 5818 P vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by : Sh. Rajeev Sogani (CA) jktLo dh vksj ls@ R…

Shri Sham Sunder Aggarwal, Kapurthala vs. Principal Commissioner of Income Tax -2, Kaputhala

In the result, the appeal of the assessee, ITA

ITA 410/ASR/2019[2009-10]Status: DisposedITAT Amritsar24 Aug 2022AY 2009-10

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: Sh. J. S. Bhasin, AdvFor Respondent: Sh. Chandrajit Singh, CIT DR
Section 143(3)Section 148Section 151Section 263

…IN THE INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH, AMRITSAR BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 410/Asr/2019 Assessment Year: 2009-10 Sh. Sham Sunder Aggarwal, Vs. Pr. C. I. T.-2, Prop. M/s PK & Company, Jalandhar 15-New Sabji Mandi, Kapurthala [PAN: AAWPA 3347E] (Appellant) (Respondent) Appellant by : Sh. J. S. Bhasin, Adv. Respondent by: Sh. Chandrajit Singh, CIT DR Date of Hearing: 29.06.2022 Date of Pronouncement: 24.08.2022 ORDER Per Anikesh Banerjee, J.M.: The instant appeal was filed by the assessee against the order passed by the L…

Piramal Investment Opportunities Fund, Mumbai vs. Pr. CIT, Range-20, Mumbai

Appeal of the assessee is allowed

ITA 700/MUM/2021[2015-16]Status: DisposedITAT Mumbai11 Apr 2022AY 2015-16

Bench: Shri Vikas Awasthy & Shri M. Balaganeshआअसं. 700/मुं/2021 ("न. व. 2015-16 ) Piramal Investment Opportunities Fund, Piramal Tower, Ganpatrao Kadam Marg, Lower Parel(West), Mumbai 400 013 Pan: Aactp-3767-H ...... अपीलाथ" /Appellant बनाम Vs. Pr.Commissioner Of Income Tax, Range -20, Room No.418, 4Th Floor, Piramal Chamber, Lal Baug, Parel, Mumbai 400 012. ..... ""तवाद"/Respondent अपीलाथ" "वारा/ Appellant By : Shri Ronak Doshi ""तवाद" "वारा/Respondent By : S/Shri R.K.Sahu & Milind Chavan सुनवाई क" "त"थ/ Date Of Hearing : 14/01/2022 घोषणा क" "त"थ/ Date Of Pronouncement : 11/04/2022 आदेश/ Order Per Vikas Awasthy, Jm: This Appeal By The Assessee Is Directed Against The Order Of Principal Commissioner Of Income Tax, Mumbai -20 (In Short ‘The Pcit’) Dated 12/03/2021 For Assessment Year 2015-16, Passed U/S. 263 Of The Income Tax Act, 1961 ( In Short ‘ The Act’ )

For Appellant: Shri Ronak DoshiFor Respondent: S/Shri R.K.Sahu and Milind Chavan
Section 143(2)Section 143(3)Section 263Section 61

…आयकर अपील"य अ"धकरण मुंबई पीठ “सी ” "ी "वकास अव"थी, "या"यक सद"य एवं "ी एम. बालगणेश, लेखा सद"य के सम" IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER & SHRI M. BALAGANESH, ACCOUNTANT MEMBER आअसं. 700/मुं/2021 ("न. व. 2015-16 ) Piramal Investment Opportunities Fund, Piramal Tower, Ganpatrao Kadam Marg, Lower Parel(West), Mumbai 400 013 PAN: AACTP-3767-H ...... अपीलाथ" /Appellant बनाम Vs. Pr.Commissioner of Income Tax, Range -20, Room No.418, 4th Floor, Piramal Chamber, Lal Baug, Parel, Mumbai 400 012. ..... ""तवाद"/Respondent अपीलाथ" "वारा/ Appellant by : Sh…

ACIT CC-3(2), Chennai vs. Suryadev Alloys & Power P Ltd, Chennai

ITA 1982/CHNY/2017[2013-14]Status: DisposedITAT Chennai17 Dec 2021AY 2013-14

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT, Chennai vs. Bmp Steels P Ltd, Thiruvallur

ITA 1981/CHNY/2017[2013-14]Status: DisposedITAT Chennai17 Dec 2021AY 2013-14

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), Chennai vs. Suryadev Alloys & Power P Ltd, Chennai

ITA 1751/CHNY/2017[2012-13]Status: DisposedITAT Chennai17 Dec 2021AY 2012-13

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), Chennai vs. Suryadev Alloys & Power P Ltd, Chennai

ITA 1750/CHNY/2017[ 2011-12]Status: DisposedITAT Chennai17 Dec 2021

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), Chennai vs. Suryadev Alloys & Power P Ltd, Chennai

ITA 1749/CHNY/2017[2010-11]Status: DisposedITAT Chennai17 Dec 2021AY 2010-11

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), Chennai vs. Suryadev Alloys & Power P Ltd, Chennai

ITA 1748/CHNY/2017[2009-10]Status: DisposedITAT Chennai17 Dec 2021AY 2009-10

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), `Chennai vs. Suryadev Alloys & Power P Ltd, Chennai

ITA 1747/CHNY/2017[2008-09]Status: DisposedITAT Chennai17 Dec 2021AY 2008-09

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), Chennai vs. Suryadev Alloys & Power P Ltd, Chennai

ITA 1746/CHNY/2017[2007-08]Status: DisposedITAT Chennai17 Dec 2021AY 2007-08

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), Chennai vs. Bmp Steels P Ltd, Thiruvallur

ITA 1745/CHNY/2017[2012-13]Status: DisposedITAT Chennai17 Dec 2021AY 2012-13

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

ACIT CC-3(2), Chennai vs. Bmp Steels P Ltd, Thiruvallur

ITA 1744/CHNY/2017[2011-12]Status: DisposedITAT Chennai17 Dec 2021AY 2011-12

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/Chny/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The Acit, M/S. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., V. Chennai – 600 034. No.497 & 498, Isana Building, 8Th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.:1788/Chny/2017 िनधा"रण वष" / Assessment Year: 2013-14 M/S. Suryadev Alloys & Power The Acit, Pvt. Ltd., Central Circle – 3(2), V. No.497 & 498, Isana Building, Chennai – 600 034. 8Th Floor,Poonamallee High Road, Arumbakkam, Chennai – 600 106. Pan: Aakcs 1246B (अपीलाथ"/Appellant) (""यथ"/Respondent) &

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri S. Bharat, CIT-DR
Section 113Section 153BSection 68

…आयकर अपीलीय अिधकरण, ‘ए’ "यायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI "ी वी दुगा" राव,"या"यक सद"य एवं "ी जी मंजुनाथ, लेखा सद"य के सम" . BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.:1982, 1746, 1747, 1748, 1749, 1750 & 1751/CHNY/2017 िनधा"रण वष" / Assessment Years: 2013-14, 2007-08, 2008-09, 2009-10, 2010-11, 2011-12 & 2012-13 The ACIT, M/s. Suryadev Alloys & Central Circle – 3(2), Power Pvt. Ltd., v. Chennai – 600 034. No.497 & 498, ISANA Building, 8th Floor, Poonamallee High Road, Arumbakkam, Chennai – 600 106. PAN: AAKCS 12…

Arm Infra & Utilities Private Limited, Mumbai vs. Pr.Commissioner of Income Tax Range-6, Mumbai

In the result, assessee’s appeal is allowed

ITA 2212/MUM/2019[2014-15]Status: DisposedITAT Mumbai12 Nov 2021AY 2014-15

Bench: Shri C.N. Prasad & Shri S. Rifaur Rahman

For Appellant: Shri P.J. Pardiwala a/wFor Respondent: Shri Rajiv Harit
Section 143(2)Section 143(3)Section 263Section 56(2)(viib)

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, MUMBAI BEFORE SHRI C.N. PRASAD, JUDICIAL MEMBER AND SHRI S. RIFAUR RAHMAN, ACCOUNTANT MEMBER ITA no.2212/Mum./2019 (Assessment Year : 2014–15) ARM Infra & Utilities Pvt. Ltd. 18th Floor, A–Wing, Marathon Futurex ……………. Appellant N.M. Joshi Marg, Lower Parel Mumbai 400 013 PAN – AALCA8247K v/s Pr. Commissioner of Income Tax ……………. Respondent Range-6, Mumbai Assessee by : Shri P.J. Pardiwala a/w Shri Jay Bhansali and Shri Jeet Kamdar Revenue by : Shri Rajiv Harit Date of Hearing – 24.09.2021 Date of Order –12/11/2021 O R D E R PER S. RIFAUR RAHMAN, A.M. The prese…

Spandana Sphoorty Financial Ltd., Hyd, Hyderabad vs. DCIT, Circle-3(2), Hyd, Hyderabad

ITA 990/HYD/2016[2011-12]Status: DisposedITAT Hyderabad27 Sept 2021AY 2011-12

Bench: Smt. P. Madhavi Devi & Shri Laxmi Prasao Sahuassessment Year: 2011-12 Spandana Sphoorty Vs Dy. Commissioner Of Financials Ltd., Income Tax, Circle-3(2), Hyderabao. Hyderabao. Pan – Aaics 6213N (Appellant) (Respondent) Assessment Year: 2011-12 Dy. Commissioner Of Vs Spandana Sphoorty Income Tax, Circle-3(2), Financials Ltd., Hyderabad. Hyderabad. Pan – Aaics 6213N (Appellant) (Respondent) Assessee By: Shri G.V.N. Hari Revenue By: Shri Y.V.S.T. Sai Date Of Hearing: 10/08/2021 Date Of Pronouncement: 04/10/2021 O R D E R Per L.P. Sahu, A.M.:

For Appellant: Shri G.V.N. HariFor Respondent: Shri Y.V.S.T. Sai
Section 143(1)Section 143(3)Section 14ASection 263

…IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAO BENCHES “B”: HYDERABAO (THROUGH VIRTUAL CONFERENCE) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI LAXMI PRASAO SAHU, ACCOUNTANT MEMBER Assessment Year: 2011-12 Spandana Sphoorty Vs Dy. Commissioner of Financials Ltd., Income Tax, Circle-3(2), HyderabAO. HyderabAO. PAN – AAICS 6213N (Appellant) (Respondent) Assessment Year: 2011-12 Dy. Commissioner of Vs Spandana Sphoorty Income Tax, Circle-3(2), Financials Ltd., Hyderabad. Hyderabad. PAN – AAICS 6213N (Appellant) (Respondent) Assessee by: Shri G.V.N. Hari Revenue by: Shri Y.V.S.T. Sai Date of hearing: 10/08/2…

DCIT, Circle-3(2), Hyderabad vs. Spandana Sphoorthy Financial Ltd., Hyd, Hyderabad

ITA 1474/HYD/2016[2011-12]Status: DisposedITAT Hyderabad27 Sept 2021AY 2011-12

Bench: Smt. P. Madhavi Devi & Shri Laxmi Prasao Sahuassessment Year: 2011-12 Spandana Sphoorty Vs Dy. Commissioner Of Financials Ltd., Income Tax, Circle-3(2), Hyderabao. Hyderabao. Pan – Aaics 6213N (Appellant) (Respondent) Assessment Year: 2011-12 Dy. Commissioner Of Vs Spandana Sphoorty Income Tax, Circle-3(2), Financials Ltd., Hyderabad. Hyderabad. Pan – Aaics 6213N (Appellant) (Respondent) Assessee By: Shri G.V.N. Hari Revenue By: Shri Y.V.S.T. Sai Date Of Hearing: 10/08/2021 Date Of Pronouncement: 04/10/2021 O R D E R Per L.P. Sahu, A.M.:

For Appellant: Shri G.V.N. HariFor Respondent: Shri Y.V.S.T. Sai
Section 143(1)Section 143(3)Section 14ASection 263

…IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAO BENCHES “B”: HYDERABAO (THROUGH VIRTUAL CONFERENCE) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI LAXMI PRASAO SAHU, ACCOUNTANT MEMBER Assessment Year: 2011-12 Spandana Sphoorty Vs Dy. Commissioner of Financials Ltd., Income Tax, Circle-3(2), HyderabAO. HyderabAO. PAN – AAICS 6213N (Appellant) (Respondent) Assessment Year: 2011-12 Dy. Commissioner of Vs Spandana Sphoorty Income Tax, Circle-3(2), Financials Ltd., Hyderabad. Hyderabad. PAN – AAICS 6213N (Appellant) (Respondent) Assessee by: Shri G.V.N. Hari Revenue by: Shri Y.V.S.T. Sai Date of hearing: 10/08/2…

M/S Suraj Pulses Processors Pvt.Ltd., Delhi vs. Pr. CIT-8, New Delhi

In the result, the appeals of the Assessees are allowed

ITA 3012/DEL/2017[2009-10]Status: DisposedITAT Delhi06 Jul 2021AY 2009-10

Bench: Shri Amit Shukla & Shri Prashant Maharishi

For Appellant: S/Shri Shantanu Jain, AdvFor Respondent: Shri H.K. Choudhary, CIT-D.R
Section 133(6)Section 147Section 148Section 263

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “G” NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER & SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER I.T.A. No.3009 & 3010/DEL/2017 Assessment Year: 2007-08 & 2008-09 Suraj Pulses Pvt. Ltd., Vs. Pr.CIT-8, 4062-630, Naya Bazar, New Delhi. Delhi. TAN/PAN: AAKCS4913P (Appellant) (Respondent) I.T.A. No.3011/DEL/2017 Assessment Year: 2007-08 Suraj Buildmart India Pvt. Ltd., Vs. Pr.CIT-8, 4062-630, Naya Bazar, New Delhi. Delhi. TAN/PAN: AAKCS3598L (Appellant) (Respondent) I.T.A. No.3012/DEL/2017 Assessment Year: 2009-10 Suraj Pulses Processors Pvt. Vs. Pr.CIT-8, Lt…

M/S Suraj Buildmart India Pvt. Ltd., Delhi vs. Pr. CIT-8, New Delhi

In the result, the appeals of the Assessees are allowed

ITA 3011/DEL/2017[2007-08]Status: DisposedITAT Delhi06 Jul 2021AY 2007-08

Bench: Shri Amit Shukla & Shri Prashant Maharishi

For Appellant: S/Shri Shantanu Jain, AdvFor Respondent: Shri H.K. Choudhary, CIT-D.R
Section 133(6)Section 147Section 148Section 263

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “G” NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER & SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER I.T.A. No.3009 & 3010/DEL/2017 Assessment Year: 2007-08 & 2008-09 Suraj Pulses Pvt. Ltd., Vs. Pr.CIT-8, 4062-630, Naya Bazar, New Delhi. Delhi. TAN/PAN: AAKCS4913P (Appellant) (Respondent) I.T.A. No.3011/DEL/2017 Assessment Year: 2007-08 Suraj Buildmart India Pvt. Ltd., Vs. Pr.CIT-8, 4062-630, Naya Bazar, New Delhi. Delhi. TAN/PAN: AAKCS3598L (Appellant) (Respondent) I.T.A. No.3012/DEL/2017 Assessment Year: 2009-10 Suraj Pulses Processors Pvt. Vs. Pr.CIT-8, Lt…

M/S Suraj Pulses Pvt.Ltd., Delhi vs. Pr. CIT-8, New Delhi

In the result, the appeals of the Assessees are allowed

ITA 3010/DEL/2017[2008-09]Status: DisposedITAT Delhi06 Jul 2021AY 2008-09

Bench: Shri Amit Shukla & Shri Prashant Maharishi

For Appellant: S/Shri Shantanu Jain, AdvFor Respondent: Shri H.K. Choudhary, CIT-D.R
Section 133(6)Section 147Section 148Section 263

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “G” NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER & SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER I.T.A. No.3009 & 3010/DEL/2017 Assessment Year: 2007-08 & 2008-09 Suraj Pulses Pvt. Ltd., Vs. Pr.CIT-8, 4062-630, Naya Bazar, New Delhi. Delhi. TAN/PAN: AAKCS4913P (Appellant) (Respondent) I.T.A. No.3011/DEL/2017 Assessment Year: 2007-08 Suraj Buildmart India Pvt. Ltd., Vs. Pr.CIT-8, 4062-630, Naya Bazar, New Delhi. Delhi. TAN/PAN: AAKCS3598L (Appellant) (Respondent) I.T.A. No.3012/DEL/2017 Assessment Year: 2009-10 Suraj Pulses Processors Pvt. Vs. Pr.CIT-8, Lt…