GUPTA CITI SHELTERS LTD. vs. COMMISSIONER OF INCOME TAX NEW DELHI

Appeals of the assessee are allowed

Bench: CASES PERTAINING TO SPL.DIVISION BENCHES

reassessment proceedings under Section 148 of the Act. In both the years, the subject matter is addition made by the AO under Section 68

INFOMEDIARY INDIA PVT LTD vs. COMISSIONER OF INCOME TAX

Appeals of the assessee are allowed

reassessment proceedings under Section 148 ot the Act. In both the years, the subject matter is addition made by the Ao under section 68

COMMISSIONER OF INCOME TAX-III vs. SHAM MOHAN PVT LTD

Appeals of the assessee are allowed

reassessment proceedings under Section 148 ot the Act. In both the years, the subject matter is addition made by the Ao under section 68

CIT vs. JH FINVEST PVT LTD

Appeals of the assessee are allowed

Bench: CASES PERTAINING TO SPL.DIVISION BENCHES

reassessment proceedings under Section 148 ot the Act. In both the years, the subject matter is addition made by the Ao under section 68

COMMISSIONER OF INCOME TAX vs. VIJAY FOILS P.LTD.

Appeals of the assessee are allowed

Bench: CASES PERTAINING TO SPL.DIVISION BENCHES

reassessment proceedings under Section 148 ot the Act. In both the years, the subject matter is addition made by the Ao under section 68

INFOMEDIARY INDIA PVT LTD vs. COMMISSIONER OF INCOME TAX

Appeals of the assessee are allowed

Bench: CASES PERTAINING TO SPL.DIVISION BENCHES

reassessment proceedings under Section 148 ot the Act. In both the years, the subject matter is addition made by the Ao under section 68

COMMISSIONER OF INCOME TAX vs. VIJAY FOILS P.LTD.

Appeals of the assessee are allowed

reassessment proceedings under Section 148 ot the Act. In both the years, the subject matter is addition made by the Ao under section 68

CIT vs. LAXMAN INDUSTRIAL RESOURCES LTD

Appeals of the assessee are allowed

Bench: CASES PERTAINING TO SPL.DIVISION BENCHES

reassessment proceedings under Section 148 ot the Act. In both the years, the subject matter is addition made by the Ao under section 68

DY. COMMISSIONER OF INCOME TAX, NOIDA vs. M/S RUDRA BUILDWELL HOMES PVT. LTD, DELHI

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwalassessment Year: 2016-17 Vs. M/S. Rudra Buildwell Homes Dcit, Central Circle-I, Noida Pvt. Ltd., 53, Okhla Phase, Delhi Pan: Aafcr6959P (Appellant) (Respondent) With C.O. No.106/Del/2025 [Arising Out Of Ita No.602/Del/2025] Assessment Year: 2016-17 M/S. Rudra Buildwell Vs. Dcit, Central Circle-I, Homes Pvt. Ltd., Noida A-66, Sector-63, Noida Pan: Aafcr6959P (Appellant) (Respondent) Assessee By Sh. Rohit Kapoor, Adv. Sh. Veersen Agarwal, Itp Department By Sh. Rajesh Chandra, Cit(Dr) Date Of Hearing 12.08.2025 Date Of Pronouncement 29.08.2025 Order Per Satbeer Singh Godara, Jm This Revenue’S Appeal Ita No.602/Del/2025 & Assessee’S Cross Objection C.O. No. 106/Del/2025 For Assessment Year 2016-

reassessment proceedings to tax same under section 68 deserved to be quashed" Further, in the Judgment of Hon'ble High

ACIT, HARIDWAR vs. M/S SANT STEEL & ALLOYS (P) LTD., KOTDWAR

In the result, appeals filed by Revenue in ITA No

Bench: Sh. I.C. Sudhir & Sh. O.P. Kant

68,29,316/- , the reassessment proceedings under section 147 of the Income-tax Act, 1961 (in short “the Act”), were

ACIT, HARIDWAR vs. M/S SANT STEEL & ALLOYS (P) LTD., KOTDWAR

In the result, appeals filed by Revenue in ITA No

Bench: Sh. I.C. Sudhir & Sh. O.P. Kant

68,29,316/- , the reassessment proceedings under section 147 of the Income-tax Act, 1961 (in short “the Act”), were

ACIT, NEW DELHI vs. FILATEX INDIA LIMITED, DELHI

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

68 of the Act out of total loan amount of INR 17.75 crores received during the year from six companies tabulated at page 101 of the assessment order. The AO further observed that the assessee had paid interest of INR 5,13,00,543/- on the said loans which was further disallowed. Besides this, an addition

ACIT CIRCLE-16(2), NEW DELHI vs. MAX VENTURES INVESTMENT HOLDINGS PVT. LTD., NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Shri N.K.Billaiya & Shri Kul Bharat[Assessment Year : 2010-11] Acit, Vs Max Venture Investment Holdings Circle-16(2), Pvt.Ltd., Max House, New Delhi. 1 Dr. Jha Marg, Okhla Phase-3, New Delhi-110020. Pan-Aaacd0213H Appellant Respondent Appellant By Ms. Sarita Kumari, Cit Dr Respondent By S/Shri Deepak Chopra, Adv., Rohan Khare, Adv. & Priyam Bhatnagar, Adv. Date Of Hearing 20.10.2022 Date Of Pronouncement 30.11.2022

reassessment proceedings were initiated under section 148 of the Act for the assessment year under consideration which ultimately culminated into an assessment order dated 10.04.2019 and the entire investment made by Mr. Analjit Singh was treated as cash credit under Section 68

ITO, NEW DELHI vs. M/S. BILLET PROCON PVT. LTD., DELHI

Bench: Shri Challa Nagendra Prasad & Shri S Rifaur Rahman

section 68 is rejected." 7. The assessee filed petition under Rule 27 of ITAT Rules to support the Ld. CIT(Appeals) order on legal ground which was rejected by the Ld. CIT(Appeals) as stated above. 8. We observed that whether the petition filed by the Assessee under Rule 27 of ITAT Rules supporting the order

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1 NOIDA, NOIDA vs. M/S ACE RESIDENCY PVT. LTD, GHAZIABAD

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

reassessment proceedings to tax same under section 68 deserved to be quashed” On the above issue, the Hon'ble High

DY COMMISSIONER OF INCOME TAX, NOIDA vs. M/S ALLURE DEVELOPERS PRIVATE LIMITED, DELHI

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

reassessment proceedings to tax same under section 68 deserved to be quashed” On the above issue, the Hon'ble High

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1 NOIDA, NOIDA vs. M/S ALLURE DEVELOPERS PRIVATE LIMITED, NOIDA

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

reassessment proceedings to tax same under section 68 deserved to be quashed” On the above issue, the Hon'ble High

DY. COMMISSIONER OF INCOME TAX, NOIDA vs. STAR LANDCRAFT PRIVATE LIMITED, GHAZIABAD

In the result, appeal of the Revenue in ITA No

Bench: Shri Anubhav Sharma & Shri Manish Agarwal

reassessment proceedings to tax same under section 68 deserved to be quashed” On the above issue, the Hon'ble High