ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1(4) MUMBAI , PRATISHTHA BHAVAN MUMBAI vs. ASHTECH INDIA PVT LTD (E-FILING), ASHTECH HOUSE

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

blocks, crystal marbles, cement etc. and transportation etc. and transportation M/s Ashtech (India) Pvt. Ltd. ITA Nos. 3026 to 3028/M/2023 ITA Nos. of ash generated in thermal power stations of ash generated in thermal power stations. For the assessment For the assessment year 2013-14 , assessment u/s 143(3) of the Income assessment u/s 143(3) of the Income assessment

M/S ASHTECH (INDIA) PRIVATE LIMITED,MUMBAI CITY vs. DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4), MUMBAI

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

blocks, crystal marbles, cement etc. and transportation etc. and transportation M/s Ashtech (India) Pvt. Ltd. ITA Nos. 3026 to 3028/M/2023 ITA Nos. of ash generated in thermal power stations of ash generated in thermal power stations. For the assessment For the assessment year 2013-14 , assessment u/s 143(3) of the Income assessment u/s 143(3) of the Income assessment

M/S ASHTECH (INDIA) PRIVATE LIMITED ,MUMBAI vs. DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4), MUMBAI

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

blocks, crystal marbles, cement etc. and transportation etc. and transportation M/s Ashtech (India) Pvt. Ltd. ITA Nos. 3026 to 3028/M/2023 ITA Nos. of ash generated in thermal power stations of ash generated in thermal power stations. For the assessment For the assessment year 2013-14 , assessment u/s 143(3) of the Income assessment u/s 143(3) of the Income assessment

M/S ASHTECH (INDIA) PRIVATE LIMITED,MUMBAI CITY vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4), MUMBAI

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

blocks, crystal marbles, cement etc. and transportation etc. and transportation M/s Ashtech (India) Pvt. Ltd. ITA Nos. 3026 to 3028/M/2023 ITA Nos. of ash generated in thermal power stations of ash generated in thermal power stations. For the assessment For the assessment year 2013-14 , assessment u/s 143(3) of the Income assessment u/s 143(3) of the Income assessment

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1(4) MUMBAI, PRATISHTHA BHAVAN MUMBAI vs. ASHTECH INDIA PVT LTD (E-FILING), ASHTECH HOUSE MUMBAI

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

blocks, crystal marbles, cement etc. and transportation etc. and transportation M/s Ashtech (India) Pvt. Ltd. ITA Nos. 3026 to 3028/M/2023 ITA Nos. of ash generated in thermal power stations of ash generated in thermal power stations. For the assessment For the assessment year 2013-14 , assessment u/s 143(3) of the Income assessment u/s 143(3) of the Income assessment

M/S ASHTECH (INDIA) PRIVATE LIMITED,MUMBAI CITY vs. DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4) , MUMBAI

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

blocks, crystal marbles, cement etc. and transportation etc. and transportation M/s Ashtech (India) Pvt. Ltd. ITA Nos. 3026 to 3028/M/2023 ITA Nos. of ash generated in thermal power stations of ash generated in thermal power stations. For the assessment For the assessment year 2013-14 , assessment u/s 143(3) of the Income assessment u/s 143(3) of the Income assessment

M/S ASHTECH (INDIA) PRIVATE LIMITED,MUMBAI CITY vs. DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4), MUMBAI

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

blocks, crystal marbles, cement etc. and transportation etc. and transportation M/s Ashtech (India) Pvt. Ltd. ITA Nos. 3026 to 3028/M/2023 ITA Nos. of ash generated in thermal power stations of ash generated in thermal power stations. For the assessment For the assessment year 2013-14 , assessment u/s 143(3) of the Income assessment u/s 143(3) of the Income assessment

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 1 (4) MUMBAI, PRATISHTHA BHAVAN MUMBAI vs. ASHTECH INDIA PVT LTD (E-FILING), ASHTECH HOUSE MUMBAI

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

blocks, crystal marbles, cement etc. and transportation etc. and transportation M/s Ashtech (India) Pvt. Ltd. ITA Nos. 3026 to 3028/M/2023 ITA Nos. of ash generated in thermal power stations of ash generated in thermal power stations. For the assessment For the assessment year 2013-14 , assessment u/s 143(3) of the Income assessment u/s 143(3) of the Income assessment

DCIT CIR.7(3)(1), MUMBAI vs. PJL CLOTHING INDIA LTD., MUMBAI

The appeal of the Revenue is allowed for statistical purposes

Bench: Shri Joginder Singh & Shri G. Manjunathaassessment Year: 2010 - 2011 Dcit Circle 7(3)(1) Pjl Clothing India Ltd., Mumbai बनाम/ Unit No.19, Shree Madhu Estate, Pandurang Budhakar Vs. Marg, Worli, Mumbai 400 018 (याजस्व /Revenue) (यनधाारयती /Assessee) P.A. No. Aaacp2782R

assessments have already been made, in which no such additions have been made. In view of the aforesaid facts and discussions, we are of the view that the question relating to addition of purchases made, from these bogus suppliers or addition in respect of inflated purchase price shown as paid to these bogus suppliers comes within the ambit of block

SKY GEM,MUMBAI vs. DCIT, CC-1(1), MUMBAI

Block, Bharat Diamond Bourse, Bandra Kurla Complex, Mumbai - 400051 [PAN: AAYFS8765J] …………. Appellant Vs DCIT, Central Circle 1(1), Pratistha Bhawan, Mumbai - 400020 Respondent …………. Appearance For the Appellant/Assessee : Shri Suchek Anchaliya For the Respondent/Department : Shri Paresh Deshpande Date Conclusion of hearing : 28.06.2023 Pronouncement of order : 23.08.2023 O R D E R Per Rahul Chaudhary, Judicial Member: This is a batch

SEJAL EXPORT (INDIA),MUMBAI vs. DCIT CEN CIR 1(2), MUMBAI

In the result, appeals of the Assessee are partly allowed and appeals of the Revenue are dismissed

Bench: Shri C.N. Prasad, Hon'Ble & Shri Rajesh Kumar, Hon'Ble

bogus. It is further submitted that all the purchases are genuine, beyond doubt and supported by sufficient materials, all the purchases are backed by corresponding sale. The Gross Profit ratio shown by the assessee is quite reasonable, payment for purchases are made by account payee cheques only. It is further submitted that nothing has been brought on record

ARIHA DIAMOND JEWELLERY P. LTD,MUMBAI vs. DCIT CEN CIR 1(2), MUMBAI

In the result, appeals of the Assessee are partly allowed and appeals of the Revenue are dismissed

Bench: Shri C.N. Prasad, Hon'Ble & Shri Rajesh Kumar, Hon'Ble

bogus. It is further submitted that all the purchases are genuine, beyond doubt and supported by sufficient materials, all the purchases are backed by corresponding sale. The Gross Profit ratio shown by the assessee is quite reasonable, payment for purchases are made by account payee cheques only. It is further submitted that nothing has been brought on record

SEJAL EXPORT (INDIA),MUMBAI vs. DCIT CEN CIR 1(2), MUMBAI

In the result, appeals of the Assessee are partly allowed and appeals of the Revenue are dismissed

Bench: Shri C.N. Prasad, Hon'Ble & Shri Rajesh Kumar, Hon'Ble

bogus. It is further submitted that all the purchases are genuine, beyond doubt and supported by sufficient materials, all the purchases are backed by corresponding sale. The Gross Profit ratio shown by the assessee is quite reasonable, payment for purchases are made by account payee cheques only. It is further submitted that nothing has been brought on record

ARIHA DIAMOND JEWELLERY P. LTD,MUMBAI vs. DCIT CEN CIR 1(2), MUMBAI

In the result, appeals of the Assessee are partly allowed and appeals of the Revenue are dismissed

Bench: Shri C.N. Prasad, Hon'Ble & Shri Rajesh Kumar, Hon'Ble

bogus. It is further submitted that all the purchases are genuine, beyond doubt and supported by sufficient materials, all the purchases are backed by corresponding sale. The Gross Profit ratio shown by the assessee is quite reasonable, payment for purchases are made by account payee cheques only. It is further submitted that nothing has been brought on record

SEJAL EXPORT (INDIA),MUMBAI vs. DCIT CEN CIR 1(2), MUMBAI

In the result, appeals of the Assessee are partly allowed and appeals of the Revenue are dismissed

Bench: Shri C.N. Prasad, Hon'Ble & Shri Rajesh Kumar, Hon'Ble

bogus. It is further submitted that all the purchases are genuine, beyond doubt and supported by sufficient materials, all the purchases are backed by corresponding sale. The Gross Profit ratio shown by the assessee is quite reasonable, payment for purchases are made by account payee cheques only. It is further submitted that nothing has been brought on record

ARIHA DIAMOND JEWELLERY P. LTD,MUMBAI vs. DCIT CEN CIR 1(2), MUMBAI

In the result, appeals of the Assessee are partly allowed and appeals of the Revenue are dismissed

Bench: Shri C.N. Prasad, Hon'Ble & Shri Rajesh Kumar, Hon'Ble

bogus. It is further submitted that all the purchases are genuine, beyond doubt and supported by sufficient materials, all the purchases are backed by corresponding sale. The Gross Profit ratio shown by the assessee is quite reasonable, payment for purchases are made by account payee cheques only. It is further submitted that nothing has been brought on record

SEJAL EXPORT (INDIA),MUMBAI vs. DCIT CEN CIR 1(2), MUMBAI

In the result, appeals of the Assessee are partly allowed and appeals of the Revenue are dismissed

Bench: Shri C.N. Prasad, Hon'Ble & Shri Rajesh Kumar, Hon'Ble

bogus. It is further submitted that all the purchases are genuine, beyond doubt and supported by sufficient materials, all the purchases are backed by corresponding sale. The Gross Profit ratio shown by the assessee is quite reasonable, payment for purchases are made by account payee cheques only. It is further submitted that nothing has been brought on record

SEJAL EXPORT (INDIA),MUMBAI vs. DCIT CEN CIR 1(2), MUMBAI

In the result, appeals of the Assessee are partly allowed and appeals of the Revenue are dismissed

Bench: Shri C.N. Prasad, Hon'Ble & Shri Rajesh Kumar, Hon'Ble

bogus. It is further submitted that all the purchases are genuine, beyond doubt and supported by sufficient materials, all the purchases are backed by corresponding sale. The Gross Profit ratio shown by the assessee is quite reasonable, payment for purchases are made by account payee cheques only. It is further submitted that nothing has been brought on record