STATE BANK OF INDIA HRMS DEPARTMENT ,MUMBAI vs. ASSTT. COMMISSIONER OF INCOME TAX (TDS)RANGE-2(2), MUMBAI

In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for statisti...

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Ita Nos. 3111& 3112/Mum/2022 Assessment Years: 2012-13& 2013-14 State Bank Of India Hrms Acit (Tds) Rg-2(2), Department, Peddar Road, Vs. 4Th Floor, Cidco Tower No. 7, Mumbai-400014. Belapur Railway Station Complex-400614. Tan No. Mums 63193 E Appellant Respondent Assessee By : Mr. Anand Desai & Mr. Sachin Lopes, Ar Revenue By : Mr. Paresh Deshpande, Dr

TDS (2021) 123 taxmann.com 447 (Mumbai 123 taxmann.com 447 (Mumbai-Trib) allowed in favour of the in favour of the assess observing as under: assess observing as under: “8. A plain reading of the above provi 8. A plain reading of the above provisions does not indicate sions does not indicate any requirement of taking the shortest route for travelling

STATE BANK OF INDIA HRMS DEPARTMENT,MUMBAI vs. ASSTT. COMMISSIONER OF INCOME TAX (TDS)RANGE-2(2), MUMBAI

In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for statisti...

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Ita Nos. 3111& 3112/Mum/2022 Assessment Years: 2012-13& 2013-14 State Bank Of India Hrms Acit (Tds) Rg-2(2), Department, Peddar Road, Vs. 4Th Floor, Cidco Tower No. 7, Mumbai-400014. Belapur Railway Station Complex-400614. Tan No. Mums 63193 E Appellant Respondent Assessee By : Mr. Anand Desai & Mr. Sachin Lopes, Ar Revenue By : Mr. Paresh Deshpande, Dr

TDS (2021) 123 taxmann.com 447 (Mumbai 123 taxmann.com 447 (Mumbai-Trib) allowed in favour of the in favour of the assess observing as under: assess observing as under: “8. A plain reading of the above provi 8. A plain reading of the above provisions does not indicate sions does not indicate any requirement of taking the shortest route for travelling

STATE BANK OF INDIA- NRI BRANCH,MUMBAI vs. ACIT-TDS-2(2), MUMBAI

In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for statisti...

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Ita Nos. 3111& 3112/Mum/2022 Assessment Years: 2012-13& 2013-14 State Bank Of India Hrms Acit (Tds) Rg-2(2), Department, Peddar Road, Vs. 4Th Floor, Cidco Tower No. 7, Mumbai-400014. Belapur Railway Station Complex-400614. Tan No. Mums 63193 E Appellant Respondent Assessee By : Mr. Anand Desai & Mr. Sachin Lopes, Ar Revenue By : Mr. Paresh Deshpande, Dr

TDS (2021) 123 taxmann.com 447 (Mumbai 123 taxmann.com 447 (Mumbai-Trib) allowed in favour of the in favour of the assess observing as under: assess observing as under: “8. A plain reading of the above provi 8. A plain reading of the above provisions does not indicate sions does not indicate any requirement of taking the shortest route for travelling

STATE BANK OF INDIA,MUMBAI vs. ACIT-TDS-2(2), MUMBAI

In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for statisti...

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Ita Nos. 3111& 3112/Mum/2022 Assessment Years: 2012-13& 2013-14 State Bank Of India Hrms Acit (Tds) Rg-2(2), Department, Peddar Road, Vs. 4Th Floor, Cidco Tower No. 7, Mumbai-400014. Belapur Railway Station Complex-400614. Tan No. Mums 63193 E Appellant Respondent Assessee By : Mr. Anand Desai & Mr. Sachin Lopes, Ar Revenue By : Mr. Paresh Deshpande, Dr

TDS (2021) 123 taxmann.com 447 (Mumbai 123 taxmann.com 447 (Mumbai-Trib) allowed in favour of the in favour of the assess observing as under: assess observing as under: “8. A plain reading of the above provi 8. A plain reading of the above provisions does not indicate sions does not indicate any requirement of taking the shortest route for travelling

STATE BANK OF INDIA-RBO II THANE WESTERN BRANCH,MUMBAI vs. ACIT-TDS-2(2), MUMBAI

In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for statisti...

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Ita Nos. 3111& 3112/Mum/2022 Assessment Years: 2012-13& 2013-14 State Bank Of India Hrms Acit (Tds) Rg-2(2), Department, Peddar Road, Vs. 4Th Floor, Cidco Tower No. 7, Mumbai-400014. Belapur Railway Station Complex-400614. Tan No. Mums 63193 E Appellant Respondent Assessee By : Mr. Anand Desai & Mr. Sachin Lopes, Ar Revenue By : Mr. Paresh Deshpande, Dr

TDS (2021) 123 taxmann.com 447 (Mumbai 123 taxmann.com 447 (Mumbai-Trib) allowed in favour of the in favour of the assess observing as under: assess observing as under: “8. A plain reading of the above provi 8. A plain reading of the above provisions does not indicate sions does not indicate any requirement of taking the shortest route for travelling

STATE BANK OF INDIA,MUM vs. ACIT-TDS-2(2),, MUM

In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for statisti...

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Ita Nos. 3111& 3112/Mum/2022 Assessment Years: 2012-13& 2013-14 State Bank Of India Hrms Acit (Tds) Rg-2(2), Department, Peddar Road, Vs. 4Th Floor, Cidco Tower No. 7, Mumbai-400014. Belapur Railway Station Complex-400614. Tan No. Mums 63193 E Appellant Respondent Assessee By : Mr. Anand Desai & Mr. Sachin Lopes, Ar Revenue By : Mr. Paresh Deshpande, Dr

TDS (2021) 123 taxmann.com 447 (Mumbai 123 taxmann.com 447 (Mumbai-Trib) allowed in favour of the in favour of the assess observing as under: assess observing as under: “8. A plain reading of the above provi 8. A plain reading of the above provisions does not indicate sions does not indicate any requirement of taking the shortest route for travelling

STATE BANK OF INDIA,MUM vs. ACIT-TDS-2(2), MUM

In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for statisti...

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Ita Nos. 3111& 3112/Mum/2022 Assessment Years: 2012-13& 2013-14 State Bank Of India Hrms Acit (Tds) Rg-2(2), Department, Peddar Road, Vs. 4Th Floor, Cidco Tower No. 7, Mumbai-400014. Belapur Railway Station Complex-400614. Tan No. Mums 63193 E Appellant Respondent Assessee By : Mr. Anand Desai & Mr. Sachin Lopes, Ar Revenue By : Mr. Paresh Deshpande, Dr

TDS (2021) 123 taxmann.com 447 (Mumbai 123 taxmann.com 447 (Mumbai-Trib) allowed in favour of the in favour of the assess observing as under: assess observing as under: “8. A plain reading of the above provi 8. A plain reading of the above provisions does not indicate sions does not indicate any requirement of taking the shortest route for travelling

STATE BANK OF INDIA-ISB BRANCH,MUMBAI vs. DCIT-TDS-2(2), MUMBAI

In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for statisti...

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Ita Nos. 3111& 3112/Mum/2022 Assessment Years: 2012-13& 2013-14 State Bank Of India Hrms Acit (Tds) Rg-2(2), Department, Peddar Road, Vs. 4Th Floor, Cidco Tower No. 7, Mumbai-400014. Belapur Railway Station Complex-400614. Tan No. Mums 63193 E Appellant Respondent Assessee By : Mr. Anand Desai & Mr. Sachin Lopes, Ar Revenue By : Mr. Paresh Deshpande, Dr

TDS (2021) 123 taxmann.com 447 (Mumbai 123 taxmann.com 447 (Mumbai-Trib) allowed in favour of the in favour of the assess observing as under: assess observing as under: “8. A plain reading of the above provi 8. A plain reading of the above provisions does not indicate sions does not indicate any requirement of taking the shortest route for travelling

CHEMOX EXPORTS IMPORTS PVT LTD,MUMBAI vs. INCOME TAX DEPARTMENT, ASSESSMENT UNIT, DELHI

Bench: Shri Narendra Kumar Billaiya, Hon'Ble & Shri Raj Kumar Chauhan, Hon'Bleι.Τ.Α. No. 3954/Mum/2024

Section 194J) ACIPC3477H PM CHANDAN 25000.00 2500.00 7 आयकर अपीलीय अधिकरण INCOME TAX APPELLATE TRIBUNAL I.T.A. No. 3954/Mum/2024 2. However, on verification of the ITBA/E-filing portal, it is seen that assessee company has not filed any return of income for A.Y. 2018-19 under the provisions of Sec. 139 of IT Act, though assessee company has sold immovable properties worth

CRESCENT CONSTRUCTION CO.,NAVI MUMBAI vs. ASST CIT 22(3), NAVI MUMBAI

The appeal of the assessee is allowed and of the Revenue is dismissed

Bench: Shri Joginder Singh & Shri N.K. Pradhanassessment Year: 2005-06

139 or in response to a notice issued under sub-section (1) of section 142 or section 148 or to disclose fully and truly all material facts necessary for his assessment, for that assessment year: Provided further that nothing contained in the first proviso shall apply in a case where any income in relation to any asset (including financial interest

ITO 22(3)(1), NAVI MUMBAI vs. CRESCENT CONSTRUCTION, NAVI MUMBAI

The appeal of the assessee is allowed and of the Revenue is dismissed

Bench: Shri Joginder Singh & Shri N.K. Pradhanassessment Year: 2005-06

139 or in response to a notice issued under sub-section (1) of section 142 or section 148 or to disclose fully and truly all material facts necessary for his assessment, for that assessment year: Provided further that nothing contained in the first proviso shall apply in a case where any income in relation to any asset (including financial interest

CONFIDENCE PETROLEUM INDIA LIMITED,MUMBAI vs. I.T.O. 8(1)(2), MUMBAI

In the result, this appeal filed by the assessee may be treated as partly allowed

Bench: Shri Joginder Singh & Shri Ashwani Tanejaassessment Year: 2006-07 Acit 8(3)(Osd) Confidence Petroleum India R.No.210 Ltd, बनाम/ Aayakar Bhavan, Gate No.2, D.R. Container, S Vs. M.K. Rd. Jijamata, Nagar, Mahul Chembur, Mumbai-400020 Mumbai-400074 (Revenue) (Respondent) P.A. No.Aaacd3658C Assessment Year: 2006-07 Confidence Petroleum India Acit 8(3)(Osd) Ltd, बनाम/ R.No.210 Gate No.2, D.R. Container, S Aayakar Bhavan, Vs. Jijamata, Nagar, Mahul M.K. Rd. Chembur, Mumbai-400074 Mumbai-400020 (Assessee) (Revenue) P.A. No. Aajcs 6315G

5), it would apply when return of income is filed pursuant to section 139(1) or under section 142(1). 2.3.7 Therefore, the position of law is very clear, the moment a revised return is filed, it replaces the original return and, so to say, acquires the nature and character of the originally filed return. Therefore, the original return become

ACIT 8(3) (OSD), MUMBAI vs. CONFIDENCE PETROLEUM INIDA LTD, MUMBAI

In the result, this appeal filed by the assessee may be treated as partly allowed

Bench: Shri Joginder Singh & Shri Ashwani Tanejaassessment Year: 2006-07 Acit 8(3)(Osd) Confidence Petroleum India R.No.210 Ltd, बनाम/ Aayakar Bhavan, Gate No.2, D.R. Container, S Vs. M.K. Rd. Jijamata, Nagar, Mahul Chembur, Mumbai-400020 Mumbai-400074 (Revenue) (Respondent) P.A. No.Aaacd3658C Assessment Year: 2006-07 Confidence Petroleum India Acit 8(3)(Osd) Ltd, बनाम/ R.No.210 Gate No.2, D.R. Container, S Aayakar Bhavan, Vs. Jijamata, Nagar, Mahul M.K. Rd. Chembur, Mumbai-400074 Mumbai-400020 (Assessee) (Revenue) P.A. No. Aajcs 6315G

5), it would apply when return of income is filed pursuant to section 139(1) or under section 142(1). 2.3.7 Therefore, the position of law is very clear, the moment a revised return is filed, it replaces the original return and, so to say, acquires the nature and character of the originally filed return. Therefore, the original return become

HINDUSTAN OIL EXPLORATION COMPANY LTD,MUMBAI vs. ITO CIR 9(2)(1), MUMBAI

In the result, Revenue’s appeal is dismissed

Bench: Shri Saktijit Dey & Shri Manoj Kumar Aggarwalhindustan Oil Exploration Co. Ltd. Anand House, 13Th Road, Off Linking Rd. ……………. Appellant Khar (W), Mumbai 400 052 Pan – Aaach1407P V/S Jt. Commissioner Of Income Tax ……………. Respondent Special Range–1, Mumbai Hindustan Oil Exploration Co. Ltd. Anand House, 13Th Road, Off Linking Rd. ……………. Appellant Khar (W), Mumbai 400 052 Pan – Aaach1407P V/S Income Tax Officer ……………. Respondent Circle–9(2)(1), Mumbai Hindustan Oil Exploration Co. Ltd. Anand House, 13Th Road, Off Linking Rd. ……………. Appellant Khar (W), Mumbai 400 052 Pan – Aaach1407P V/S Dy. Commissioner Of Income Tax ……………. Respondent Range–9(2), Mumbai

TDS. Ground raised is allowed for statistical purposes. 15. Ground no.6, relating to levy of interest under section 220(2). 16. This ground being consequential does not require adjudication at this stage. 17. In the result, assessees appeal is allowed for statistical purposes. ITA no.5534/Mum./2003 Assessee’s Appeal – A.Y. 1997–98 18. In ground no.1, the assessee has challenged

GETINGE MEDICAL INDIA PRIVATE LIMITED ,MUMBAI vs. DCIT 2(2)(1), MUMBAI MAHARASHTRA

In the result, appeal filed by the assessee stands partly allowed

Bench: Smt. Beena Pillai () & Shri Girish Agrawal ()

TDS of Rs. 1,24,82,097/- as against Rs. 1,25,90,372/- claimed by the Appellant in its return of income. 6. Ground 6: Interest charged under section 234A, 2348 and 234C of the Act The Id. AO erred in levying interest under section 234A, 234B and 234C of the Act. 7. Ground 7: Initiation of penalty under

BARCLAYS BANK PLC,MUMBAI vs. CIT (INTERNATIONAL TAXATION)-RANGE-1, MUMBAI

In the result, the appeal by the assessee stands partly allowed

Bench: Shri Shamim Yahya (Am) & Shri Amarjit Singh (Jm)

TDS is required to be withheld on the same. 8.2 In the written submission dated 16 December 2016, it is contended as under: "Barclays Capital. ;i division of Barclays Bank Ple. UK (Barclays UK) manages the global derivatives operations of the Barclays group. The derivative products offered to clients typically include foreign exchange, interest rate and equity. The remittance made

STAR INDIA PVT. LTD. (SUCESSOR OF STAR SPORTS INDIA PVT. LTD.- (SSIPL),MUMBAI vs. ACIT 16 (1), MUMBAI

The appeal of the assessee is allowed to the extent indicated above and Ground

Bench: Amit Shukla & Shri Prashant Maharishim/S Star India Pvt. Ltd. A C I T (Successor Of Star Sports India -16(1) Pvt. Ltd.) Room No. 439, Star House, Urmi Estate Vs. Aayakar Bhavan 95, Ganpantrao Kadam Marg M.K. Road, Lower Parel (W) Mumbai 400020 Mumbai 400013 Pan – Aaacn1335Q Appellant Respondent Co No. 114/Mum/2021 (Assessment Year: 2014-15) A C I T -16(1) M/S Star India Pvt. Ltd. Room No. 439, Aayakar Bhavan (Successor Of Star Sports India M.K. Road, Mumbai 400020 Pvt. Ltd.) Vs. Star House, Urmi Estate 95, Ganpantrao Kadam Marg Lower Parel (W) Mumbai 400013 Cross Objector Appellant In Appeal Assessee By: Shri Porus Kaka, Sr Advocate Revenue By: Shri Biswanath Das –Cit-Dr Date Of Hearing: 27.03.2023 Date Of Pronouncement: 20.06.2023 O R D E R Per: Prashant Maharishi, A. M. 01. Assessee Has Filed Appeal For Assessment Year (Ay) 2014-15 Against The Assessment Order Passed By The Acit-16(1), Mumbai

139 (9) provides that Explanation.—For the purposes of this sub-section, a return of income shall be regarded as defective unless all the following conditions are fulfilled, namely:— 2(a) the annexures, statements and columns in the return of income relating to computation of income chargeable under each head of income, computation of gross total income and total income

SHRI TRUST T 2018,MUMBAI vs. ITO (TDS)-2(2)(1), MUMBAI

In the result, the appeal by the assessee is allowed

Bench: Shri Sandeep Singh Karhailshri Girish Agrawalshri Trust T 2018, Universal Insurance Building, Ground Floor, Sir P.M. Road, Fort, Mumbai - 400001 ............... Appellant Pan : Aauts1169E V/S

139 of the Act and had taken into account such sum for computing income in its I'TR and had also paid the tax due on the income declared by them in such ITR, the Appellant could not be regarded as an assessee in default. Ground No 3: Levy of interest under section