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

17,621/- made by the Assessing Officer under Section 36(1)(iii) for interest free loans and advances to its subsidiaries on account of sufficient availability of interest free funds in view of the decision of the Hon'ble Supreme Court in the case of Avon Cycle Ltd. (Civil Appeal No. 1423 of 2015) wherein the proportionate disallowance of interest

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

17,621/- made by the Assessing Officer under Section 36(1)(iii) for interest free loans and advances to its subsidiaries on account of sufficient availability of interest free funds in view of the decision of the Hon'ble Supreme Court in the case of Avon Cycle Ltd. (Civil Appeal No. 1423 of 2015) wherein the proportionate disallowance of interest

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

17,621/- made by the Assessing Officer under Section 36(1)(iii) for interest free loans and advances to its subsidiaries on account of sufficient availability of interest free funds in view of the decision of the Hon'ble Supreme Court in the case of Avon Cycle Ltd. (Civil Appeal No. 1423 of 2015) wherein the proportionate disallowance of interest

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

17,621/- made by the Assessing Officer under Section 36(1)(iii) for interest free loans and advances to its subsidiaries on account of sufficient availability of interest free funds in view of the decision of the Hon'ble Supreme Court in the case of Avon Cycle Ltd. (Civil Appeal No. 1423 of 2015) wherein the proportionate disallowance of interest

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

17,621/- made by the Assessing Officer under Section 36(1)(iii) for interest free loans and advances to its subsidiaries on account of sufficient availability of interest free funds in view of the decision of the Hon'ble Supreme Court in the case of Avon Cycle Ltd. (Civil Appeal No. 1423 of 2015) wherein the proportionate disallowance of interest

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

17,621/- made by the Assessing Officer under Section 36(1)(iii) for interest free loans and advances to its subsidiaries on account of sufficient availability of interest free funds in view of the decision of the Hon'ble Supreme Court in the case of Avon Cycle Ltd. (Civil Appeal No. 1423 of 2015) wherein the proportionate disallowance of interest

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

17,621/- made by the Assessing Officer under Section 36(1)(iii) for interest free loans and advances to its subsidiaries on account of sufficient availability of interest free funds in view of the decision of the Hon'ble Supreme Court in the case of Avon Cycle Ltd. (Civil Appeal No. 1423 of 2015) wherein the proportionate disallowance of interest

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

17,621/- made by the Assessing Officer under Section 36(1)(iii) for interest free loans and advances to its subsidiaries on account of sufficient availability of interest free funds in view of the decision of the Hon'ble Supreme Court in the case of Avon Cycle Ltd. (Civil Appeal No. 1423 of 2015) wherein the proportionate disallowance of interest

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

17,621/- made by the Assessing Officer under Section 36(1)(iii) for interest free loans and advances to its subsidiaries on account of sufficient availability of interest free funds in view of the decision of the Hon'ble Supreme Court in the case of Avon Cycle Ltd. (Civil Appeal No. 1423 of 2015) wherein the proportionate disallowance of interest

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

17,621/- made by the Assessing Officer under Section 36(1)(iii) for interest free loans and advances to its subsidiaries on account of sufficient availability of interest free funds in view of the decision of the Hon'ble Supreme Court in the case of Avon Cycle Ltd. (Civil Appeal No. 1423 of 2015) wherein the proportionate disallowance of interest

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

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

2,59,07,668/– in respect of purchases made from them was upheld and balance disallowance was deleted. j. to l xx xx iii & iv. xx xx 17. As already stated, learned CIT – A passed a consolidated order for assessment year 2014–15 to assessment year 2020–21. The effect of the above order is as under: assessment addition made

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

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

2,59,07,668/– in respect of purchases made from them was upheld and balance disallowance was deleted. j. to l xx xx iii & iv. xx xx 17. As already stated, learned CIT – A passed a consolidated order for assessment year 2014–15 to assessment year 2020–21. The effect of the above order is as under: assessment addition made

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

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

2,59,07,668/– in respect of purchases made from them was upheld and balance disallowance was deleted. j. to l xx xx iii & iv. xx xx 17. As already stated, learned CIT – A passed a consolidated order for assessment year 2014–15 to assessment year 2020–21. The effect of the above order is as under: assessment addition made

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

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

2,59,07,668/– in respect of purchases made from them was upheld and balance disallowance was deleted. j. to l xx xx iii & iv. xx xx 17. As already stated, learned CIT – A passed a consolidated order for assessment year 2014–15 to assessment year 2020–21. The effect of the above order is as under: assessment addition made

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

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

2,59,07,668/– in respect of purchases made from them was upheld and balance disallowance was deleted. j. to l xx xx iii & iv. xx xx 17. As already stated, learned CIT – A passed a consolidated order for assessment year 2014–15 to assessment year 2020–21. The effect of the above order is as under: assessment addition made

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

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

2,59,07,668/– in respect of purchases made from them was upheld and balance disallowance was deleted. j. to l xx xx iii & iv. xx xx 17. As already stated, learned CIT – A passed a consolidated order for assessment year 2014–15 to assessment year 2020–21. The effect of the above order is as under: assessment addition made

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

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

2,59,07,668/– in respect of purchases made from them was upheld and balance disallowance was deleted. j. to l xx xx iii & iv. xx xx 17. As already stated, learned CIT – A passed a consolidated order for assessment year 2014–15 to assessment year 2020–21. The effect of the above order is as under: assessment addition made

OMKAR METAL AND ALLOYS CORPORATION ,C P TANK MUMBAI vs. INCOME TAX OFFICER 19. 2. 4, MATRU MANDIR

In the result, the appeal filed by the assessee is allowed for In the result, the appeal filed by the assessee is allowed for In the result, the appeal filed by the assessee is allowed for statisti...

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail () Assessment Year: 2009-10 Omkar Metal & Alloys Ito 19.2.4, Corporation, C P Tank Matru Mandir, Opp Bhatia Room No. 47, Balakrishna Vs. Hospital, Grant Road (West), Niwas, 2Nd Floor, 2Nd Mumbai-400007. Panjarapole Lane, Mumbai-400004. Pan No. Aaafo 4997 N Appellant Respondent

section 234A. 234B and 234C and 234D of the Act 234C and 234D of the Act 2. Briefly stated, facts of the case are that the assessee filed its Briefly stated, facts of the case are that the assessee filed its Briefly stated, facts of the case are that the assessee filed its return of income for the year under

NITIN P. CHHEDA,MUMBAI vs. ITO 23(1)(3), MUMBAI

In the result, appeal of the assessee is partly allowed

Bench: Shri C.N. Prasad, Hon'Ble

bogus purchases. Shri Nitin P. Chheda 2. In so far as the validity of assessment is concerned, briefly stated the facts are that the assessee filed returns of income for the A.Ys. 2009-10 and 2010-11 and the returns were processed u/s. 143(1) of the Act. Subsequently by way of issue of notice dated