JMC PROJECTS (INDIA) LIMITED,,AHMEDABAD vs. THE DY. CIT, CENTRAL CIRCLE-1(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

132 of the Act was conducted on the assessee on 17-11-2011 at the registered premises and proceedings u/s.153A of the Act were initiated. The summary of return of income filed and assessment completed are tabulated below: A.Y. Date of Filing Date of Filing Section under Date of Order of Date of Order of Original Revised Return which

THE ACIT,(OSD)-I,RANGE-4,, AHMEDABAD vs. JMC PROJECTS (INDIA) LTD.,, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

132 of the Act was conducted on the assessee on 17-11-2011 at the registered premises and proceedings u/s.153A of the Act were initiated. The summary of return of income filed and assessment completed are tabulated below: A.Y. Date of Filing Date of Filing Section under Date of Order of Date of Order of Original Revised Return which

JMC PROJECTS (INDIA) LIMITED,,AHMEDABAD vs. THE DY. CIT, CENTRAL CIRCLE-1(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

132 of the Act was conducted on the assessee on 17-11-2011 at the registered premises and proceedings u/s.153A of the Act were initiated. The summary of return of income filed and assessment completed are tabulated below: A.Y. Date of Filing Date of Filing Section under Date of Order of Date of Order of Original Revised Return which

JMC PROJECTS (INDIA) LTD.,,AHMEDABAD vs. THE ACIT.,(OSD)-I,RANGE-4,, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

132 of the Act was conducted on the assessee on 17-11-2011 at the registered premises and proceedings u/s.153A of the Act were initiated. The summary of return of income filed and assessment completed are tabulated below: A.Y. Date of Filing Date of Filing Section under Date of Order of Date of Order of Original Revised Return which

THE ACIT,(OSD)-I,RANGE-4,, AHMEDABAD vs. JMC PROJECTS (INDIA) LTD.,, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

132 of the Act was conducted on the assessee on 17-11-2011 at the registered premises and proceedings u/s.153A of the Act were initiated. The summary of return of income filed and assessment completed are tabulated below: A.Y. Date of Filing Date of Filing Section under Date of Order of Date of Order of Original Revised Return which

THE DY. CIT, CIRCLE-1(1)(2),, AHMEDABAD vs. JMC PROJECTS (INDIA) LIMITED,, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

132 of the Act was conducted on the assessee on 17-11-2011 at the registered premises and proceedings u/s.153A of the Act were initiated. The summary of return of income filed and assessment completed are tabulated below: A.Y. Date of Filing Date of Filing Section under Date of Order of Date of Order of Original Revised Return which

JMC PROJECTS (INDIA) LTD.,,AHMEDABAD vs. THE ACIT, CENTRAL CIRCLE-1(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

132 of the Act was conducted on the assessee on 17-11-2011 at the registered premises and proceedings u/s.153A of the Act were initiated. The summary of return of income filed and assessment completed are tabulated below: A.Y. Date of Filing Date of Filing Section under Date of Order of Date of Order of Original Revised Return which

JMC PROJECTS (INDIA) LTD.,,AHMEDABAD vs. THE ACIT, CENTRAL CIRCLE-1(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

132 of the Act was conducted on the assessee on 17-11-2011 at the registered premises and proceedings u/s.153A of the Act were initiated. The summary of return of income filed and assessment completed are tabulated below: A.Y. Date of Filing Date of Filing Section under Date of Order of Date of Order of Original Revised Return which

JMC PROJECTS (INDIA) LIMITED,,AHMEDABAD vs. THE DY. CIT, CENTRAL CIRCLE-1(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

132 of the Act was conducted on the assessee on 17-11-2011 at the registered premises and proceedings u/s.153A of the Act were initiated. The summary of return of income filed and assessment completed are tabulated below: A.Y. Date of Filing Date of Filing Section under Date of Order of Date of Order of Original Revised Return which

JMC PROJECTS (INDIA) LIMITED,,AHMEDABAD vs. THE DY. CIT, CENTRAL CIRCLE-1(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

132 of the Act was conducted on the assessee on 17-11-2011 at the registered premises and proceedings u/s.153A of the Act were initiated. The summary of return of income filed and assessment completed are tabulated below: A.Y. Date of Filing Date of Filing Section under Date of Order of Date of Order of Original Revised Return which

THE ACIT, CIRCLE-2(1)(2),, AHMEDABAD vs. JMC PROJECTS (INDIA) LIMITED,, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

132 of the Act was conducted on the assessee on 17-11-2011 at the registered premises and proceedings u/s.153A of the Act were initiated. The summary of return of income filed and assessment completed are tabulated below: A.Y. Date of Filing Date of Filing Section under Date of Order of Date of Order of Original Revised Return which

M/S. EDELWEISS BROKING LIMITED,AHMEDABAD vs. THE DCIT, CIRCLE-1(3), AHMEDABAD

Appeal of the Revenue is dismissed whereas the ground of appeal of the assessee is allowed

Bench: Shri Mahavir Prasad & Shri Wassem Ahmedआयकर अपील सं./I.T.A. No. 2021/Ahd/2017 ("नधा"रण वष" / Assessment Year: 2013-14) M/S. Edelweiss Broking Ltd. Dcit बनाम/ (On Behalf Of Amalgamating Cricle-1(3), Vs. 1St Floor, B-109, Company, Edelweiss Financial Advisors Ltd.) Pratyaksh Kar Bhavan, Nr. 801-804, 8Th Floor, Abhishree Panjrapole, Ambawadi, Avenue, Opp. Hanumanji Ahmedabad-380015 Temple, Nehrunagar, Ambawadi, Ahmedabad- 380015 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aabce9421H .. (अपीलाथ" /Appellant) (""यथ" / Respondent)

4 - 3CD suggests that the assessee is engaged in the activity of stock broking only and not in the activity of sale purchase of securities. The copy of form 3 CD is placed on pages 133 to 165 of the Paper Book. Similarly, the AO has also recorded in his order the nature of business of the assessee i.e. stock

DCIT, CIRCLE-1(3), , AHMEDABAD vs. EDELWEISS BROKING LTD.(ON BEHALF OF AMALGAMATING COMPANY EDELWEISS FINANCIAL ADVISORS LTD.), AHMEDABAD

Appeal of the Revenue is dismissed whereas the ground of appeal of the assessee is allowed

Bench: Shri Mahavir Prasad & Shri Wassem Ahmedआयकर अपील सं./I.T.A. No. 2021/Ahd/2017 ("नधा"रण वष" / Assessment Year: 2013-14) M/S. Edelweiss Broking Ltd. Dcit बनाम/ (On Behalf Of Amalgamating Cricle-1(3), Vs. 1St Floor, B-109, Company, Edelweiss Financial Advisors Ltd.) Pratyaksh Kar Bhavan, Nr. 801-804, 8Th Floor, Abhishree Panjrapole, Ambawadi, Avenue, Opp. Hanumanji Ahmedabad-380015 Temple, Nehrunagar, Ambawadi, Ahmedabad- 380015 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aabce9421H .. (अपीलाथ" /Appellant) (""यथ" / Respondent)

4 - 3CD suggests that the assessee is engaged in the activity of stock broking only and not in the activity of sale purchase of securities. The copy of form 3 CD is placed on pages 133 to 165 of the Paper Book. Similarly, the AO has also recorded in his order the nature of business of the assessee i.e. stock

TORRENT POWER LTD.,,AHMEDABAD vs. THE ACIT.,RANGE-8,, AHMEDABAD

In the result cross objection filed by the assessee is partly allowed for statistical purposes

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

section 80-IA of the Act. 69. The learned CIT (A) disregarded the contention of the assessee by observing that the impugned income does not have nexus with the distribution of power activity of the assessee. Thus the learned CIT (A) upheld the finding of the AO. 70. Being aggrieved by the order of the learned CIT (A), the assessee

DY.COMMISSIONER OF INCOME TAX CIRCLE-1(3),, AHMEDABAD vs. KIFS PVT.LTD.,, AHMEDABAD

In the result Ground No.9 of the revenue is allowed for

Bench: Hon'Ble Justice P.P.Bhatt & Hon'Ble Manish Borad

132,396/- being unpaid employees contribution to ESI as per Hon’ble Gujarat High Court in the case of CIT vs. Gujarat State Transport Corporation in Tax Appeal No.637 of 2013. Whereas, the said issue is decided by Gujarat High Court and other High Courts that if the KIFS Securities Ltd & Khandwala Integrated Financial Services P. Ltd, ITA Nos.643

KIFS SECURITIES PVT. LTD.,,AHMEDABAD vs. THE ACIT, CIRCLE-1(3),, AHMEDABAD

In the result Ground No.9 of the revenue is allowed for

Bench: Hon'Ble Justice P.P.Bhatt & Hon'Ble Manish Borad

132,396/- being unpaid employees contribution to ESI as per Hon’ble Gujarat High Court in the case of CIT vs. Gujarat State Transport Corporation in Tax Appeal No.637 of 2013. Whereas, the said issue is decided by Gujarat High Court and other High Courts that if the KIFS Securities Ltd & Khandwala Integrated Financial Services P. Ltd, ITA Nos.643

KIFS SECURITIES PVT. LTD.,,AHMEDABAD vs. THE ACIT, CIRCLE-1(3), AHMEDABAD

In the result Ground No.9 of the revenue is allowed for

Bench: Hon'Ble Justice P.P.Bhatt & Hon'Ble Manish Borad

132,396/- being unpaid employees contribution to ESI as per Hon’ble Gujarat High Court in the case of CIT vs. Gujarat State Transport Corporation in Tax Appeal No.637 of 2013. Whereas, the said issue is decided by Gujarat High Court and other High Courts that if the KIFS Securities Ltd & Khandwala Integrated Financial Services P. Ltd, ITA Nos.643

KIFS SECURITIES PVT. LTD.,AHMEDABAD vs. THE ACIT, CIRCLE-1(3), AHMEDABAD

In the result Ground No.9 of the revenue is allowed for

Bench: Hon'Ble Justice P.P.Bhatt & Hon'Ble Manish Borad

132,396/- being unpaid employees contribution to ESI as per Hon’ble Gujarat High Court in the case of CIT vs. Gujarat State Transport Corporation in Tax Appeal No.637 of 2013. Whereas, the said issue is decided by Gujarat High Court and other High Courts that if the KIFS Securities Ltd & Khandwala Integrated Financial Services P. Ltd, ITA Nos.643