THE ACIT-24(1), MUMBAI vs. MUMBAI SHELTER HOUSING DEVELOPMENT, MUMBAI
In the result, the appeal of the revenue in ITA no
ITA 2936/MUM/2022[2018-2019]Status: DisposedITAT Mumbai31 Mar 2022AY 2018-2019
Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm The Acit-24(1) Mumbai Shelter Housing Development 401-402, Viraj Towers, Room No.601, Western Express Highway Near Piramal Chambers, Vs. Weh Metro Station, Jeejeebhoy Lane, Andheri (East) Lalbaug, Parel, Mumbai-400 093 Mumbai-400 012 (Appellant) (Respondent) Pan No. Aagfm6042A
For Appellant: Shri Rushabh Mehta, ARFor Respondent: Smt. Mahita Nair, DR
Section 68
director of the company is a partner which was not applicable in appellant's case.
Capital contribution by the partner Company falls under section 179(3) which requires passing Board resolution which was complied with by M/s. J.P. Infra (Mumbai) Pvt.
Ltd. Even if there is a law requiring passing
