WIND WORLD INDIA LIMITED,MUMBAI vs. DCIT CENTRAL CIRCLE 3 (1), MUMBAI

In the result, appeal filed by the assessee in ITA number

Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm

153,943,689/– on account of unaccounted cash expenses in the form of speed money by allowing telescoping as the additions have been confirmed in respect of bogus purchases and bogus transport expenses without appreciating that assessee has contested the addition made on account of bogus purchases and bogus transport expenses 6. whether on the facts and circumstances

WIND WORLD INDIA LTD.,MUMBAI vs. DCIT CENTRAL CIRCLE-3(1), MUMBAI

In the result, appeal filed by the assessee in ITA number

Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm

153,943,689/– on account of unaccounted cash expenses in the form of speed money by allowing telescoping as the additions have been confirmed in respect of bogus purchases and bogus transport expenses without appreciating that assessee has contested the addition made on account of bogus purchases and bogus transport expenses 6. whether on the facts and circumstances

WIND WORLD INDIA LIMITEAD,MUMBAI vs. DCIT CENTRAL CIRCLE-3(1), MUMBAI

In the result, appeal filed by the assessee in ITA number

Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm

153,943,689/– on account of unaccounted cash expenses in the form of speed money by allowing telescoping as the additions have been confirmed in respect of bogus purchases and bogus transport expenses without appreciating that assessee has contested the addition made on account of bogus purchases and bogus transport expenses 6. whether on the facts and circumstances

WIND WORLD INDIA LIMITED,MUMBAI vs. DCIT CENTRAL CIRCLE 3 (1), MUMBAI

In the result, appeal filed by the assessee in ITA number

Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm

153,943,689/– on account of unaccounted cash expenses in the form of speed money by allowing telescoping as the additions have been confirmed in respect of bogus purchases and bogus transport expenses without appreciating that assessee has contested the addition made on account of bogus purchases and bogus transport expenses 6. whether on the facts and circumstances

DCIT - CC 3 (1), MUMBAI vs. WIND WORLD INDIA LTD., MUMBAI

In the result, appeal filed by the assessee in ITA number

Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm

153,943,689/– on account of unaccounted cash expenses in the form of speed money by allowing telescoping as the additions have been confirmed in respect of bogus purchases and bogus transport expenses without appreciating that assessee has contested the addition made on account of bogus purchases and bogus transport expenses 6. whether on the facts and circumstances

WIND WORLD INDIA LIMITEAD,MUMBAI vs. DCIT CENTRAL CIRCLE-3(1), MUMBAI

In the result, appeal filed by the assessee in ITA number

Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm

153,943,689/– on account of unaccounted cash expenses in the form of speed money by allowing telescoping as the additions have been confirmed in respect of bogus purchases and bogus transport expenses without appreciating that assessee has contested the addition made on account of bogus purchases and bogus transport expenses 6. whether on the facts and circumstances

DCIT CENTRAL CIRCLE 3 (1), MUMBAI vs. WIND WORLD INDIA LIMITED, MUMBAI

In the result, appeal filed by the assessee in ITA number

Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm

153,943,689/– on account of unaccounted cash expenses in the form of speed money by allowing telescoping as the additions have been confirmed in respect of bogus purchases and bogus transport expenses without appreciating that assessee has contested the addition made on account of bogus purchases and bogus transport expenses 6. whether on the facts and circumstances

DCIT CENTRAL CIRCLE-3(1), MUMBAI vs. WIND WORLD INDIA LTD., MUMBAI

In the result, appeal filed by the assessee in ITA number

Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm

153,943,689/– on account of unaccounted cash expenses in the form of speed money by allowing telescoping as the additions have been confirmed in respect of bogus purchases and bogus transport expenses without appreciating that assessee has contested the addition made on account of bogus purchases and bogus transport expenses 6. whether on the facts and circumstances

DCIT CENTRAL CIRCLE-3(1), MUMBAI vs. WIND WORLD INDIA LTD., MUMBAI

In the result, appeal filed by the assessee in ITA number

Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm

153,943,689/– on account of unaccounted cash expenses in the form of speed money by allowing telescoping as the additions have been confirmed in respect of bogus purchases and bogus transport expenses without appreciating that assessee has contested the addition made on account of bogus purchases and bogus transport expenses 6. whether on the facts and circumstances

WIND WORLD INDIA LTD.,MUMBAI vs. DCIT CENTRAL CIRCLE-3(1), MUMBAI

In the result, appeal filed by the assessee in ITA number

Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm

153,943,689/– on account of unaccounted cash expenses in the form of speed money by allowing telescoping as the additions have been confirmed in respect of bogus purchases and bogus transport expenses without appreciating that assessee has contested the addition made on account of bogus purchases and bogus transport expenses 6. whether on the facts and circumstances

JCIT CENT. CIR. - 1(4), MUMBAI vs. GRASIM INDUSTRIES LTD, MUMBAI

The appeal of the Revenue is dismissed whereas appeal of the assessee is partly allowed for statistical purposes

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Assessment Year: 2010-11 Grasim Industries Limited, The Dcit Cc-1(4), Corporate Finance Division, Room No. 902, 9Th Floor, Old Vs. A-2, Aditya Birla Centre, S.K. Cgo Building, M.K. Road, Ahire Marg, Worli, Mumbai-400020. Mumbai-400030. Pan No. Aaacg 4464 B Appellant Respondent Assessment Year: 2010-11 Jcit (Osd), Central Circle- Grasim Industries Limited, 1(4), A-Wing, 2Nd Floor, Aditya Room No. 902, Pratishtha Vs. Birla Centre, S.K. Ahire Bhavan, 9Th Floor, Old Cgo Marg, Worli, Building Annexe, Mumbai-400030. Mumbai-400020. Pan No. Aaacg 4464 B Appellant Respondent Assessee By : Mr. Yogesh Thar & Mr. Chaitanya Joshi Revenue By : Dr. Kishor Dhule, Cit-Dr Date Of Hearing : 03/04/2024 : Date Of Pronouncement 29/04/2024

bogus purchase addition to the buildings. purchase addition to the buildings. 6. Aggrieved with the above finding of the Ld. CIT(A) both the Aggrieved with the above finding of the Ld. CIT(A) both the Aggrieved with the above finding of the Ld. CIT(A) both the Revenue and the assessee are before the Tribunal Revenue and the assessee

NAVNIDHI STEEL AND ENGG CO. P.LTD,MUMBAI vs. DCIT 5(2)(1), MUMBAI

The appeal of the assessee is dismissed

Bench: Shri Joginder Singh, Assessment Year: 2007-08

153 referred to as the relevant assessment year). Explanation 1.—For the purposes of this section, the following shall also be deemed to be cases where income chargeable to tax has escaped assessment, namely:— (a) where income chargeable to tax has been under assessed; or (b) where such income has been assessed at too low rate; or 22 Navnidhi Steel

DCIT-3(1)(1), MUMBAI, MUMBAI vs. RELCON INFRAPROJECTS LTD., MUMBAI

Bench: SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

bogus purchases for the Assessment Year 2014- 2015 only the addition to the extent of INR.5,18,153/- got sustained. 9. Thereafter, the Assessing Officer passed Penalty Order, dated 29/03/2024, levying penalty of INR.1,76,210/- under Section 271(1

DCIT-3(1)(1), MUMBAI, MUMBAI vs. RELCON INFRAPROJECTS LTD., MUMBAI

Bench: SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

bogus purchases for the Assessment Year 2014- 2015 only the addition to the extent of INR.5,18,153/- got sustained. 9. Thereafter, the Assessing Officer passed Penalty Order, dated 29/03/2024, levying penalty of INR.1,76,210/- under Section 271(1

DCIT-3(1)(1), MUMBAI, MUMBAI vs. RELCON INFRAPROJECTS LTD., MUMBAI

Bench: SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

bogus purchases for the Assessment Year 2014- 2015 only the addition to the extent of INR.5,18,153/- got sustained. 9. Thereafter, the Assessing Officer passed Penalty Order, dated 29/03/2024, levying penalty of INR.1,76,210/- under Section 271(1

DCIT 3(1)(1),MUMBAI, MUMBAI vs. RELCON INFRAPROJECTS LTD, MUMBAI

Bench: SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

bogus purchases for the Assessment Year 2014- 2015 only the addition to the extent of INR.5,18,153/- got sustained. 9. Thereafter, the Assessing Officer passed Penalty Order, dated 29/03/2024, levying penalty of INR.1,76,210/- under Section 271(1

DCIT-3(1)(1), MUMBAI, MUMBAI vs. RELCON INFRAPROJECTS LTD., MUMBAI

Bench: SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

bogus purchases for the Assessment Year 2014- 2015 only the addition to the extent of INR.5,18,153/- got sustained. 9. Thereafter, the Assessing Officer passed Penalty Order, dated 29/03/2024, levying penalty of INR.1,76,210/- under Section 271(1

DCIT-3(1)(1), MUMBAI, MUMBAI vs. RELCON INFRAPROJECTS LTD., MUMBAI

Bench: SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

bogus purchases for the Assessment Year 2014- 2015 only the addition to the extent of INR.5,18,153/- got sustained. 9. Thereafter, the Assessing Officer passed Penalty Order, dated 29/03/2024, levying penalty of INR.1,76,210/- under Section 271(1

DCIT-3(1)(1), MUMBAI, MUMBAI vs. RELCON INFRAPROJECTS LTD., MUMBAI

Bench: SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

bogus purchases for the Assessment Year 2014- 2015 only the addition to the extent of INR.5,18,153/- got sustained. 9. Thereafter, the Assessing Officer passed Penalty Order, dated 29/03/2024, levying penalty of INR.1,76,210/- under Section 271(1