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

Section 153A of the Act was issued on 28th January, 2014 which was not replied to and therefore, the learned Assessing Officer proceeded to make the assessment. The learned Assessing Officer raised the queries with respect to the bogus purchases. The assessee submitted the detail report. However, the learned Assessing Officer dealt with the whole issue and identified 41

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

Section 153A of the Act was issued on 28th January, 2014 which was not replied to and therefore, the learned Assessing Officer proceeded to make the assessment. The learned Assessing Officer raised the queries with respect to the bogus purchases. The assessee submitted the detail report. However, the learned Assessing Officer dealt with the whole issue and identified 41

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

Section 153A of the Act was issued on 28th January, 2014 which was not replied to and therefore, the learned Assessing Officer proceeded to make the assessment. The learned Assessing Officer raised the queries with respect to the bogus purchases. The assessee submitted the detail report. However, the learned Assessing Officer dealt with the whole issue and identified 41

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

Section 153A of the Act was issued on 28th January, 2014 which was not replied to and therefore, the learned Assessing Officer proceeded to make the assessment. The learned Assessing Officer raised the queries with respect to the bogus purchases. The assessee submitted the detail report. However, the learned Assessing Officer dealt with the whole issue and identified 41

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

Section 153A of the Act was issued on 28th January, 2014 which was not replied to and therefore, the learned Assessing Officer proceeded to make the assessment. The learned Assessing Officer raised the queries with respect to the bogus purchases. The assessee submitted the detail report. However, the learned Assessing Officer dealt with the whole issue and identified 41

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

Section 153A of the Act was issued on 28th January, 2014 which was not replied to and therefore, the learned Assessing Officer proceeded to make the assessment. The learned Assessing Officer raised the queries with respect to the bogus purchases. The assessee submitted the detail report. However, the learned Assessing Officer dealt with the whole issue and identified 41

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

Section 153A of the Act was issued on 28th January, 2014 which was not replied to and therefore, the learned Assessing Officer proceeded to make the assessment. The learned Assessing Officer raised the queries with respect to the bogus purchases. The assessee submitted the detail report. However, the learned Assessing Officer dealt with the whole issue and identified 41

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

Section 153A of the Act was issued on 28th January, 2014 which was not replied to and therefore, the learned Assessing Officer proceeded to make the assessment. The learned Assessing Officer raised the queries with respect to the bogus purchases. The assessee submitted the detail report. However, the learned Assessing Officer dealt with the whole issue and identified 41

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

Section 153A of the Act was issued on 28th January, 2014 which was not replied to and therefore, the learned Assessing Officer proceeded to make the assessment. The learned Assessing Officer raised the queries with respect to the bogus purchases. The assessee submitted the detail report. However, the learned Assessing Officer dealt with the whole issue and identified 41

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

Section 153A of the Act was issued on 28th January, 2014 which was not replied to and therefore, the learned Assessing Officer proceeded to make the assessment. The learned Assessing Officer raised the queries with respect to the bogus purchases. The assessee submitted the detail report. However, the learned Assessing Officer dealt with the whole issue and identified 41

KALPSARU DIAMONDS ,MUMBAI vs. ACIT 23(2), MUMBAI

In the result, the grounds raised by the assessee as well as In the result, the grounds raised by the assessee as well as Revenue are allowed for statistical purposes

Bench: Shri Om Prakash Kant () & Shri Rahul Chaudhary () Assessment Years: 2012-13 Kalpsaru Diamonds, Acit 23(2), Jw 8040/250, Bharat Diamond Piramal Chambers, Vs. Bourse, Bkc, Bandra East, Mumbai-400013. Mumbai-400051. Pan No. Aaafk 6960 H Appellant Respondent Assessment Years: 2012-13 Dy. Cit-23(1), Kalpsaru Diamonds, Room No. 511, Fifth Floor, Jw 8040/250, Bharat Diamond Piramal Chambers, Parel, Vs. Bourse, Bkc, Bandra East, Lalbaugh-400012. Mumbai-400051. Pan No. Aaafk 6960 H Appellant Respondent

41,77,979/ - is treated as assessee's u is treated as assessee's unexplained expenditure u/s 69C of the Act and added to the total income of the expenditure u/s 69C of the Act and added to the total income of the expenditure u/s 69C of the Act and added to the total income of the assessee. Penalty proceedings

DEPUTY COMMISSIONER OF INCOME TAX -23(1) , MUMBAI vs. KALPSARU DIAMONDS, MUMBAI

In the result, the grounds raised by the assessee as well as In the result, the grounds raised by the assessee as well as Revenue are allowed for statistical purposes

Bench: Shri Om Prakash Kant () & Shri Rahul Chaudhary () Assessment Years: 2012-13 Kalpsaru Diamonds, Acit 23(2), Jw 8040/250, Bharat Diamond Piramal Chambers, Vs. Bourse, Bkc, Bandra East, Mumbai-400013. Mumbai-400051. Pan No. Aaafk 6960 H Appellant Respondent Assessment Years: 2012-13 Dy. Cit-23(1), Kalpsaru Diamonds, Room No. 511, Fifth Floor, Jw 8040/250, Bharat Diamond Piramal Chambers, Parel, Vs. Bourse, Bkc, Bandra East, Lalbaugh-400012. Mumbai-400051. Pan No. Aaafk 6960 H Appellant Respondent

41,77,979/ - is treated as assessee's u is treated as assessee's unexplained expenditure u/s 69C of the Act and added to the total income of the expenditure u/s 69C of the Act and added to the total income of the expenditure u/s 69C of the Act and added to the total income of the assessee. Penalty proceedings

ITO41(2)(3),MUMBAI, BKC, MUMBAI vs. NIRMIT JATIN LATHIA, MUMBAI

In the result, both the appeals of the assessee and Revenue

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan () Assessment Year: 2010-11 Nirmit Jatin Lathia, Ito 29(2)(2), 2B/101, Jain Upashraya Lane, Kautilya Bhavan, Bkc, Vs. Tagore Nagar, Vikhroli East, Mumbai-400051. Mumbai-400083. Pan No. Acgpl 0296 F Appellant Respondent Assessment Year: 2010-11 Ito 41(2)(3), Nirmit Jatin Lathia, Room No. 732, Om Sai Chs, Bldg. No. 2, B-Wing, Kautilya Bhavan, Bkc, Vs. Flat No. 101, Opp Bharat Nagar Mumbai-400051. Jain Upashraya Lane, Vikhroli (E), Mumbai-400083. Pan No. Acgpl 0296 F Appellant Respondent

41(2)(3), Nirmit Jatin Lathia, Room No. 732, Om Sai CHS, Bldg. No. 2, B-Wing, Kautilya Bhavan, BKC, Vs. Flat No. 101, Opp Bharat Nagar Mumbai-400051. Jain Upashraya Lane, Vikhroli (E), Mumbai-400083. PAN NO. ACGPL 0296 F Appellant Respondent : Mr. Mandar Vaidya Assessee by : Mr. Sunil Shinde, Sr. DR Revenue by : 16/05/2024 Date of Hearing : 28/05/2024

NIRMIT JATIN LATHIA,MUMBAI vs. ITO 29(2)(2), MUMBAI

In the result, both the appeals of the assessee and Revenue

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan () Assessment Year: 2010-11 Nirmit Jatin Lathia, Ito 29(2)(2), 2B/101, Jain Upashraya Lane, Kautilya Bhavan, Bkc, Vs. Tagore Nagar, Vikhroli East, Mumbai-400051. Mumbai-400083. Pan No. Acgpl 0296 F Appellant Respondent Assessment Year: 2010-11 Ito 41(2)(3), Nirmit Jatin Lathia, Room No. 732, Om Sai Chs, Bldg. No. 2, B-Wing, Kautilya Bhavan, Bkc, Vs. Flat No. 101, Opp Bharat Nagar Mumbai-400051. Jain Upashraya Lane, Vikhroli (E), Mumbai-400083. Pan No. Acgpl 0296 F Appellant Respondent

41(2)(3), Nirmit Jatin Lathia, Room No. 732, Om Sai CHS, Bldg. No. 2, B-Wing, Kautilya Bhavan, BKC, Vs. Flat No. 101, Opp Bharat Nagar Mumbai-400051. Jain Upashraya Lane, Vikhroli (E), Mumbai-400083. PAN NO. ACGPL 0296 F Appellant Respondent : Mr. Mandar Vaidya Assessee by : Mr. Sunil Shinde, Sr. DR Revenue by : 16/05/2024 Date of Hearing : 28/05/2024

BHARAT DE vs. HI DAGHA,THANEVS.ITO WARD 3(1), KALYAN

In the result, both the appeals of the assessee are dismissed

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Assessment Year: 2009-10 & Assessment Year: 2010-11 Bharat Devshi Dagha, Ito, Ward 3(1), 3/13, Geet Govind Chs. Rani Mansion Manpada Road, Vs. Maharashtra-421301. Dombivli East-421 201. Pan No. Aarpd 9399 Q Appellant Respondent

41 ITR 191 201-02 (SC) examining the power of court to 02 (SC) examining the power of court to investigate the belief of the AO has held as under: investigate the belief of the AO has held as under:- "All that is necessary to give special jurisdiction under section "All that is necessary to give special jurisdiction under section

BHARAT DE vs. HI DAGHA,THANEVS.ITO WARD 3(1), KALYAN

In the result, both the appeals of the assessee are dismissed

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Assessment Year: 2009-10 & Assessment Year: 2010-11 Bharat Devshi Dagha, Ito, Ward 3(1), 3/13, Geet Govind Chs. Rani Mansion Manpada Road, Vs. Maharashtra-421301. Dombivli East-421 201. Pan No. Aarpd 9399 Q Appellant Respondent

41 ITR 191 201-02 (SC) examining the power of court to 02 (SC) examining the power of court to investigate the belief of the AO has held as under: investigate the belief of the AO has held as under:- "All that is necessary to give special jurisdiction under section "All that is necessary to give special jurisdiction under section

ITO 25(2)(1), MUMBAI vs. ACTUBE ENTERPRISES, MUMBAI

Bench: Shri C.N. Prasad & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No.3941/Mum/2017 (नििाारण वर्ा / Assessment Year : 2010-11) बिाम/ Income Tax Officer-25(2)(1) Actube Enterprises Room No. 505, C-10, 5Th 27, Laxmi Flat Owner Floor, Pratyakshkar Chs Limited , V. Bhavan, Bkc, M.G. Road Extension, Bandra(East), Vile Parle(East), Mumbai-400051 Mumbai-400057 स्थायी ऱेखा सं./ Pan: Aabfa2570J (अपीऱाथी /Appellant) .. (प्रत्यथी / Respondent) Revenue By: Shri. Vivek Anand Ojha (Dr) Assessee By: Apurva R. Shah (Ar) सुनवाई की तारीख /Date Of Hearing : 01.07.2019 घोषणा की तारीख /Date Of Pronouncement : 05.08.2019 आदेश / O R D E R Per Ramit Kochar: This Appeal, Filed By Revenue, Being Ita No. 3941/Mum/2017, Is Directed Against Appellate Order Dated 15.03.2017 In Appeal No. Cit(A)-37/It-722/Ito-25(2)(1)/15-16, Passed By Learned Commissioner Of Income Tax (Appeals)-37, Mumbai (Hereinafter Called “The Cit(A)”), For Assessment Year(Ay) 2010-11, The Appellate Proceedings Had Arisen Before Learned Cit(A) From Assessment Order Dated 31.12.2015 Passed By Learned Assessing Officer (Hereinafter Called “The Ao”) U/S 143(3) R.W.S. 147 Of The Income-Tax Act, 1961 (Hereinafter Called “The Act”) For Ay:2010-11. I.T.A. No.3941/Mum/2017

41,04,903/- to Rs.12,31,471!- and deleted the balance of R.28,73,432/-. While doing so he deleted the addition of Rs, 5 lakhs as made by the assessing Officer on the ground that the addition on account of bogus purchase had already been made. The Tribunal was of the opinion that twelve and half percent

M/S A J COAL PVT LTD.,MUMBAI vs. ITO 6 (1)(1), MUMBAI

In the result, both the appeals of the assessee and the In the result, both the appeals of the assessee and the In the result, both the appeals of the assessee and the Revenue are dismissed

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Assessment Year: 2009-10 Ito-6(1)(1), M/S A.J. Coal Pvt. Ltd., Aayakar Bhavan, 24A, Coal Depot, Sewree (E), Vs. Room No. 503, 5Th Floor, M.K. Mumbai-400015. Road, New Marine Lines, Mumbai-400020. Pan No. Aabca 0386 M Appellant Respondent Assessment Year: 2009-10 M/S A.J. Coal Pvt. Ltd., Ito-6(1)(1), C/O M/S Jayesh Sanghrajka & Aayakar Bhavan, Room No. 503, Co. Llp, 405, Hind Rajasthan Vs. 5Th Floor, M.K. Road, New Marine Centre, Ds Phalke Road, Dadar Lines, Mumbai-400020. (East), Mumbai-400014. Pan No. Aabca 0386 M Appellant Respondent

bogus purchases is M/s A.J. Coal Pvt. Ltd. received accommodation entry from such party." received accommodation entry from such party." 6. Though the tax effect in this case is Rs.3,41,042/ 6. Though the tax effect in this case is Rs.3,41,042/ 6. Though the tax effect in this case is Rs.3,41,042/-, however this appeal

ITO 6 (1)(1), MUMBAI vs. M/S A J COAL PVT LTD., MUMBAI

In the result, both the appeals of the assessee and the In the result, both the appeals of the assessee and the In the result, both the appeals of the assessee and the Revenue are dismissed

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Assessment Year: 2009-10 Ito-6(1)(1), M/S A.J. Coal Pvt. Ltd., Aayakar Bhavan, 24A, Coal Depot, Sewree (E), Vs. Room No. 503, 5Th Floor, M.K. Mumbai-400015. Road, New Marine Lines, Mumbai-400020. Pan No. Aabca 0386 M Appellant Respondent Assessment Year: 2009-10 M/S A.J. Coal Pvt. Ltd., Ito-6(1)(1), C/O M/S Jayesh Sanghrajka & Aayakar Bhavan, Room No. 503, Co. Llp, 405, Hind Rajasthan Vs. 5Th Floor, M.K. Road, New Marine Centre, Ds Phalke Road, Dadar Lines, Mumbai-400020. (East), Mumbai-400014. Pan No. Aabca 0386 M Appellant Respondent

bogus purchases is M/s A.J. Coal Pvt. Ltd. received accommodation entry from such party." received accommodation entry from such party." 6. Though the tax effect in this case is Rs.3,41,042/ 6. Though the tax effect in this case is Rs.3,41,042/ 6. Though the tax effect in this case is Rs.3,41,042/-, however this appeal