DCIT, NEW DELHI vs. M/S. MARUTI SUZUKI INDIA LTD., NEW DELHI

In the result, the appeals of the assessee are allowed and the appeals of the revenue are dismissed

Bench: Sh. Amit Shukladr. B. R. R. Kumar(E-Court Module) Ita No. 2553/Del/2013 : Asstt. Year : 1999-00 Maruti Suzuki India Ltd., Vs Commissioner Of Income Tax Plot No. 1, Nelson Mandela Road, (Appeals)-Ix, Income Tax Vasant Kunj, New Delhi-110070 Office, Laxmi Nagar, New Delhi (Appellant) (Respondent) Pan No. Aaacm0829Q Ita No. 2641/Del/2013 : Asstt. Year : 1999-00 Dcit, Vs Maruti Suzuki India Ltd., Circle-6(1), Plot No. 1, Nelson Mandela Road, New Delhi Vasant Kunj, New Delhi-110070 (Appellant) (Respondent) Pan No. Aaacm0829Q Ita No. 468/Del/2014 : Asstt. Year : 1994-95 Maruti Suzuki India Ltd., Vs Jcit(Osd), Plot No. 1, Nelson Mandela Road, Circle-6(1), Vasant Kunj, New Delhi-110070 New Delhi (Appellant) (Respondent) Pan No. Aaacm0829Q

154, Sec. 155 or Sec. 254, Sec. 255, Sec. 260, Sec.262, Sec. 263, Sec. 264, Sec. 245D(4) effectively directed to re- compute the refund determined u/s 143(1) or Sec. 143(3) and to pre-determine the quantum of the refund of the amount due afresh. Thus after receipt of the order under these sections, the tax payable/refund

DCIT, NEW DELHI vs. M/S MARUTI SUZUKI INDIA LTD.,, NEW DELHI

In the result, the appeals of the assessee are allowed and the appeals of the revenue are dismissed

Bench: Sh. Amit Shukladr. B. R. R. Kumar(E-Court Module) Ita No. 2553/Del/2013 : Asstt. Year : 1999-00 Maruti Suzuki India Ltd., Vs Commissioner Of Income Tax Plot No. 1, Nelson Mandela Road, (Appeals)-Ix, Income Tax Vasant Kunj, New Delhi-110070 Office, Laxmi Nagar, New Delhi (Appellant) (Respondent) Pan No. Aaacm0829Q Ita No. 2641/Del/2013 : Asstt. Year : 1999-00 Dcit, Vs Maruti Suzuki India Ltd., Circle-6(1), Plot No. 1, Nelson Mandela Road, New Delhi Vasant Kunj, New Delhi-110070 (Appellant) (Respondent) Pan No. Aaacm0829Q Ita No. 468/Del/2014 : Asstt. Year : 1994-95 Maruti Suzuki India Ltd., Vs Jcit(Osd), Plot No. 1, Nelson Mandela Road, Circle-6(1), Vasant Kunj, New Delhi-110070 New Delhi (Appellant) (Respondent) Pan No. Aaacm0829Q

154, Sec. 155 or Sec. 254, Sec. 255, Sec. 260, Sec.262, Sec. 263, Sec. 264, Sec. 245D(4) effectively directed to re- compute the refund determined u/s 143(1) or Sec. 143(3) and to pre-determine the quantum of the refund of the amount due afresh. Thus after receipt of the order under these sections, the tax payable/refund

MARUTI SUZUKI INDIA LTD.,NEW DELHI vs. JCIT (OSD), NEW DELHI

In the result, the appeals of the assessee are allowed and the appeals of the revenue are dismissed

Bench: Sh. Amit Shukladr. B. R. R. Kumar(E-Court Module) Ita No. 2553/Del/2013 : Asstt. Year : 1999-00 Maruti Suzuki India Ltd., Vs Commissioner Of Income Tax Plot No. 1, Nelson Mandela Road, (Appeals)-Ix, Income Tax Vasant Kunj, New Delhi-110070 Office, Laxmi Nagar, New Delhi (Appellant) (Respondent) Pan No. Aaacm0829Q Ita No. 2641/Del/2013 : Asstt. Year : 1999-00 Dcit, Vs Maruti Suzuki India Ltd., Circle-6(1), Plot No. 1, Nelson Mandela Road, New Delhi Vasant Kunj, New Delhi-110070 (Appellant) (Respondent) Pan No. Aaacm0829Q Ita No. 468/Del/2014 : Asstt. Year : 1994-95 Maruti Suzuki India Ltd., Vs Jcit(Osd), Plot No. 1, Nelson Mandela Road, Circle-6(1), Vasant Kunj, New Delhi-110070 New Delhi (Appellant) (Respondent) Pan No. Aaacm0829Q

154, Sec. 155 or Sec. 254, Sec. 255, Sec. 260, Sec.262, Sec. 263, Sec. 264, Sec. 245D(4) effectively directed to re- compute the refund determined u/s 143(1) or Sec. 143(3) and to pre-determine the quantum of the refund of the amount due afresh. Thus after receipt of the order under these sections, the tax payable/refund

BHARAT SANCHAR NIGAM LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result, assessee’s appeal is allowed to the extent as mentioned above on the preliminary issue and the departmental appeal is dismissed

Bench: Smt Diva Singh & Sh.J.S.Reddyi.T.A .No.-3304/Del/2010 (Assessment Year-2004-05) Bharat Sanchar Nigam Ltd., Vs Dcit, Corporate Office, Taxation Section, Circle-2(1), Room No.-398, First Floor, Bharat Sanchar Bhawan, C.R.Building, I.P.Estate, Janpath, New Delhi-1110001. New Delhi Pan-Aabcb5576G (Appellant) (Respondent)

68,000 3. Interest from others 11,79,09,000 4. Liquidated Damages 76,71,90,000 5. Excess provision written back 1686,63,72,000 6. Others including sale of directories, 142,90,32,000 publications, forms, waste paper, etc. 6.2. Not convinced with the explanation offered the additions were made in the computation of income made under

DCIT, NEW DELHI vs. M/S. BHARAT SANCHAR NIGAM LTD., NEW DELHI

In the result, assessee’s appeal is allowed to the extent as mentioned above on the preliminary issue and the departmental appeal is dismissed

Bench: Smt Diva Singh & Sh.J.S.Reddyi.T.A .No.-3304/Del/2010 (Assessment Year-2004-05) Bharat Sanchar Nigam Ltd., Vs Dcit, Corporate Office, Taxation Section, Circle-2(1), Room No.-398, First Floor, Bharat Sanchar Bhawan, C.R.Building, I.P.Estate, Janpath, New Delhi-1110001. New Delhi Pan-Aabcb5576G (Appellant) (Respondent)

68,000 3. Interest from others 11,79,09,000 4. Liquidated Damages 76,71,90,000 5. Excess provision written back 1686,63,72,000 6. Others including sale of directories, 142,90,32,000 publications, forms, waste paper, etc. 6.2. Not convinced with the explanation offered the additions were made in the computation of income made under

ITO, NEW DELHI vs. M/S STYLISH CONSTRUCTION PVT. LTD.,, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance

ITO, NEW DELHI vs. M/S. SUKHNA REAL ESTATE PVT. LTD., GHAZIABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance

ACIT, NEW DELHI vs. M/S. SUR BUILDCON PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance

ITO WARD - 14(2), NEW DELHI vs. KASPER INFORMATION TECHNOLOGY PVT LTD, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance

ITO, NEW DELHI vs. M/S. SINTEX CONSUMERS ELECTRONICS PVT. LTD., DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance

KASPER INFORMATION TECHNOLOGY P.LTD,NEW DELHI vs. ITO, WARD-14(2), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance

LANDSKY REAL ESTATES P.LTD,NEW DELHI vs. ITO, WARD-15(1), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance

ITO, NEW DELHI vs. M/S ANGEL CEMENT PVT. LTD.,, GHAZIABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance

ITO, NEW DELHI vs. M/S. SUNLIGHT TOUR AND TRAVELS PVT. LTD., SAHIBABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance

KASPER INFORMATION TECHNOLOGY PVT. LTD.,NEW DELHI vs. ITO WARD-14(2), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance

ITO WARD - 13(3), NEW DELHI vs. JINGLE BELLS ALUMINIUM PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance

JINGLE BELLS ALUMINIUM,NEW DELHI vs. ITO WARD - 13(3), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance

ITO, NEW DELHI vs. M/S. SUPREME PLACEMENT SERVICES PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 68 the assessee had filed confirmation and bank statement the gist of which have been reproduced in the assessment order which are as under: 1. NRA Iron & Steel Pvt. Ltd. Bank: Induslnd Bank., G.K, New Delhi, A/c No. :0012-B49553-060 Rs. Date Debit Credit 22.03.2012 40,00,00,000 23.03.2012 30,00,00,000 2. Bhushan Finance