AUGMONT ENTERPRISES PRIVATE LIMITED,MUMBAI vs. ACIT - CIRCLE 6(1)(2), MUMBAI

In the result, appeal filed by the assessee is allowed in above terms

Bench: Shriom Prakash Kant & Shri Raj Kumar Chauhanaugmont Enterprises Pvt. Ltd. Acit Circle-6(1)(2), 201, A/B & 202, 2Nd Floor, Trade Vs. R. No. 506, 5Th Floor, Aayakar World, D-Wing, Kamala Mills Bhavan, Mumbai-400 020 Compound, S. B. Marg, Lower Parel (West), Mumbai-400 003. Pan: Aagcr3007D (Appellant) (Respondent) Assessee Represented By : Ms. Ridhisha Jain, Ld. Ar Department Represented By : Shri Rajesh Kumar Yadav, Ld. Dr Date Of Conclusion Of Hearing : 05.08.2025 Date Of Pronouncement : 12.09.2025

section, Availer of bogus ITC credit (CBIC Investigation)/Business purchase, Non compliance to income computation and disclosure and stock valuation. Statutory notice u/s 143(2) and 142(1) were also issued from time to time. However, in response to the notice, assessee submitted the relevant documents to substantiate the 80G

DCIT- 3(4) , MUMBAI vs. M/S RELIANCE INDUSTRIES LIMITED, MUMBAI

In the result, both the appeals of the assessee and both the appeals of the revenue are treated as partly allowed

Bench: Shri B.R. Baskaran (Am) & Shri Pavan Kumar Gadale (Jm)

purchases claimed by the assessee in both the years under consideration. Accordingly, this ground raised by the assessee in both the years are dismissed. 7. Ground Nos. 4 to 6 raised by the assessee in both the years relate to disallowance under section 14A, r.w. Rule 8D of I T Rules. 7.1 The details relating to the disallowance made

RELIANCE INDUSTRIES LIMITED,MUMBAI vs. DY COMMISSIONER OF INCOME TAX CIRCLE-3(4), MUMBAI

In the result, both the appeals of the assessee and both the appeals of the revenue are treated as partly allowed

Bench: Shri B.R. Baskaran (Am) & Shri Pavan Kumar Gadale (Jm)

purchases claimed by the assessee in both the years under consideration. Accordingly, this ground raised by the assessee in both the years are dismissed. 7. Ground Nos. 4 to 6 raised by the assessee in both the years relate to disallowance under section 14A, r.w. Rule 8D of I T Rules. 7.1 The details relating to the disallowance made

RELIANCE INDUSTRIES LTD.,MUMBAI vs. ACIT CIRCLE 3(4), MUMBAI

In the result, both the appeals of the assessee and both the appeals of the revenue are treated as partly allowed

Bench: Shri B.R. Baskaran (Am) & Shri Pavan Kumar Gadale (Jm)

purchases claimed by the assessee in both the years under consideration. Accordingly, this ground raised by the assessee in both the years are dismissed. 7. Ground Nos. 4 to 6 raised by the assessee in both the years relate to disallowance under section 14A, r.w. Rule 8D of I T Rules. 7.1 The details relating to the disallowance made

DCIT-3(4), MUMBAI vs. M/S RELIANCE INDUSTRIES LIMITED, MUMBAI

In the result, both the appeals of the assessee and both the appeals of the revenue are treated as partly allowed

Bench: Shri B.R. Baskaran (Am) & Shri Pavan Kumar Gadale (Jm)

purchases claimed by the assessee in both the years under consideration. Accordingly, this ground raised by the assessee in both the years are dismissed. 7. Ground Nos. 4 to 6 raised by the assessee in both the years relate to disallowance under section 14A, r.w. Rule 8D of I T Rules. 7.1 The details relating to the disallowance made

ROYAL CHAINS PRIVATE LIMITED ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 3(3), MUMBAI

In the result, appeal filed by the assessee stands partly allowed\nand appeal filed by the revenue stands dismissed

bogus or that the transactions were not\ngenuine. In fact, no effort has been made by the AO to rebut the\nevidentiary value of these confirmations.\n(vii) No basis for invoking section 69A: The AO has made the addition\nsolely on the assumption that the stock was unaccounted, overlooking the\nreconciliatory evidence, confirmations, and audit trail. The appellant

DCIT CIRCLE-3(2)(1), MUMBAI vs. SUNJEWELS PRIVATE LIMITED, ANDHERI EAST, MUMBAI

In the result, the appeal filed by the assessee and revenue are partly allowed for statistical purpose

Bench: Shri. Om Prakash Kant, Am & Ms. Kavitha Rajagopal, Jm Sunjewels Private Limited Dy. Commissioner Of Income Tax 116, Sdf-Iv, Seepz, Andheri East, – 3(2)(1), Mumbai Room No. 608, 6Th Floor, Aaykar Mumbai – 400096. Vs. Bhavan, M. K. Road, New Marine Lines, Mumbai – 400020. Pan/Gir No. Aabce3519L (Appellant) : (Respondent) Dy. Commissioner Of Income Tax – Sunjewels Private Limited 3(2)(1), Mumbai 116, Sdf-Iv, Seepz, Andheri East, Room No. 608, 6Th Floor, Aaykar Mumbai – 400096. Vs. Bhavan, M. K. Road, New Marine Lines, Mumbai – 400020. Pan/Gir No. Aabce3519L (Appellant) : (Respondent)

80G of the Act at Rs.14,39,000/-, thereby declaring total income of ITA No. 4720 & 5244/Mum/2024 (A.Y. 2014-15) Sunjewels Private Limited Rs.33,19,89,990/-. The ld. AO passed the assessment order u/s. 143(3) of the Act, dated 30.11.2016, determining total income at Rs. 36,23,93,420/- and Rs. 36,27,61,525/- u/s. 115JB

SUNJEWELS PRIVATE LIMITED,MUMBAI vs. DY. COMMISSIONER OF INCOME TAX - 3(2)(1), MUMBAI

In the result, the appeal filed by the assessee and revenue are partly allowed for statistical purpose

Bench: Shri. Om Prakash Kant, Am & Ms. Kavitha Rajagopal, Jm Sunjewels Private Limited Dy. Commissioner Of Income Tax 116, Sdf-Iv, Seepz, Andheri East, – 3(2)(1), Mumbai Room No. 608, 6Th Floor, Aaykar Mumbai – 400096. Vs. Bhavan, M. K. Road, New Marine Lines, Mumbai – 400020. Pan/Gir No. Aabce3519L (Appellant) : (Respondent) Dy. Commissioner Of Income Tax – Sunjewels Private Limited 3(2)(1), Mumbai 116, Sdf-Iv, Seepz, Andheri East, Room No. 608, 6Th Floor, Aaykar Mumbai – 400096. Vs. Bhavan, M. K. Road, New Marine Lines, Mumbai – 400020. Pan/Gir No. Aabce3519L (Appellant) : (Respondent)

80G of the Act at Rs.14,39,000/-, thereby declaring total income of ITA No. 4720 & 5244/Mum/2024 (A.Y. 2014-15) Sunjewels Private Limited Rs.33,19,89,990/-. The ld. AO passed the assessment order u/s. 143(3) of the Act, dated 30.11.2016, determining total income at Rs. 36,23,93,420/- and Rs. 36,27,61,525/- u/s. 115JB

DCIT CC 3(4) CEN RG 3, MUMBAI vs. PATEL ENGINEERING LTD, MUMBAI

In the result, appeal filed by the assessee is dismissed

Bench: Shri Aby T. Varkey, Hon'Ble & Shri S. Rifaur Rahman, Hon’Ble

purchase transactions of ₹. 1,92,65,507/- during the relevant year. The same were disallowed by the Assessing Officer in the order passed u/s 143(3) r.w.s. 144C r.w.s. 153A of the Act dated 25.03.2013. The assessee had requested the Assessing Officer to grant telescoping benefit in respect of expenses incurred for land development against the Page

DCIT CC 3(4) CEN RG 3, MUMBAI vs. PATEL ENGINEERING LTD, MUMBAI

In the result, appeal filed by the assessee is dismissed

Bench: Shri Aby T. Varkey, Hon'Ble & Shri S. Rifaur Rahman, Hon’Ble

purchase transactions of ₹. 1,92,65,507/- during the relevant year. The same were disallowed by the Assessing Officer in the order passed u/s 143(3) r.w.s. 144C r.w.s. 153A of the Act dated 25.03.2013. The assessee had requested the Assessing Officer to grant telescoping benefit in respect of expenses incurred for land development against the Page

ROLTA INDIA LTD. THROUGH DR. MAMTA BINANI, RP. ,MUMBAI vs. DY.COMMISSIONER OF INCOME TAX CENTRAL CIRCLE -1(1), MUMBAI

In the result, appeal of the assessee in ITA No

Bench: Shri Amit Shukla & Shri Arun Khodpiaआयकर अपील सं. / Ita No.3563/Mum/2024 "नधा"रण वष" / Assessment Year :2020-21 Rolta India Ltd. Through Dr. Mamta Binani, Rp. Rolta Tower-A, Rolta Technology Park, 22Nd Street, Midc, Marol Andheri (East), Mumbai-400 093 Pan: Aaacr2711G ........अपीलाथ" / Appellant बनाम / V/S. The Deputy Commissioner Of Income Tax, Central Circle-1(1), Mumbai ……""यथ" / Respondent आयकर अपील सं. / Ita No.2737/Mum/2023 "नधा"रण वष" / Assessment Year :2018-19 Rolta India Ltd. Through Dr. Mamta Binani, Irp. Rolta Tower-A, Rolta Technology Park, 22Nd Street, Midc, Marol Andheri (East), Mumbai-400 093 Pan: Aaacr2711G ........अपीलाथ" / Appellant M/S. Rolta India Ltd. बनाम / V/S. The Deputy Commissioner Of Income Tax, Central Circle-1(1), Mumbai ……""यथ" / Respondent

bogus 18. purchases made from M/s. Salsons Trade and Industry Pvt. Ltd. 19. Before us, the Ld. Counsel for the assessee submitted that disallowance was made under wrong appreciation of facts as the assessee had made purchases only for Rs.7,22,178/- from M/s. Salsons Trade and Industry Pvt. Ltd. during the relevant year, whereas addition was made to Rs.73

ROLTA INDIA LTD,MUMBAI vs. DCIT, CENTRAL CIRCLE-1(1), MUMBAI

In the result, appeal of the assessee in ITA No

Bench: Shri Amit Shukla & Shri Arun Khodpiaआयकर अपील सं. / Ita No.3563/Mum/2024 "नधा"रण वष" / Assessment Year :2020-21 Rolta India Ltd. Through Dr. Mamta Binani, Rp. Rolta Tower-A, Rolta Technology Park, 22Nd Street, Midc, Marol Andheri (East), Mumbai-400 093 Pan: Aaacr2711G ........अपीलाथ" / Appellant बनाम / V/S. The Deputy Commissioner Of Income Tax, Central Circle-1(1), Mumbai ……""यथ" / Respondent आयकर अपील सं. / Ita No.2737/Mum/2023 "नधा"रण वष" / Assessment Year :2018-19 Rolta India Ltd. Through Dr. Mamta Binani, Irp. Rolta Tower-A, Rolta Technology Park, 22Nd Street, Midc, Marol Andheri (East), Mumbai-400 093 Pan: Aaacr2711G ........अपीलाथ" / Appellant M/S. Rolta India Ltd. बनाम / V/S. The Deputy Commissioner Of Income Tax, Central Circle-1(1), Mumbai ……""यथ" / Respondent

bogus 18. purchases made from M/s. Salsons Trade and Industry Pvt. Ltd. 19. Before us, the Ld. Counsel for the assessee submitted that disallowance was made under wrong appreciation of facts as the assessee had made purchases only for Rs.7,22,178/- from M/s. Salsons Trade and Industry Pvt. Ltd. during the relevant year, whereas addition was made to Rs.73

DCIT, CC-7(1), MUMBAI vs. PADMASHREE DR. D.Y. PATIL UNIVERSITY, NAVI MUMBAI

In the result, all the appeals of the assessee are allowed and all the\nappeals of the revenue are dismissed

80G of the Act. The assessee, inter alia,\nruns a Medical college, Dental college, physiotherapy, Biotechnology and\nNursing colleges at Nerul, Navi Mumbai. Shri Vijay D Patil and Smt. Shivani\nPatil are the main trustees. Shri Vijay D Patil is the President/Chancellor.\nSmt. Shivani Patil is the spouse of Shri Vijay D Patil.\n3.\nThe revenue carried out search

DCIT, CC-7(1), MUMBAI vs. PADMASHREE DR. D.Y. PATIL UNIVERSITY, MUMBAI

In the result, all the appeals of the assessee are allowed and all the\nappeals of the revenue are dismissed

80G of the Act. The assessee, inter alia,\nruns a Medical college, Dental college, physiotherapy, Biotechnology and\nNursing colleges at Nerul, Navi Mumbai. Shri Vijay D Patil and Smt. Shivani\nPatil are the main trustees. Shri Vijay D Patil is the President/Chancellor.\nSmt. Shivani Patil is the spouse of Shri Vijay D Patil.\n3. The revenue carried out search

PADMASHREE DR. D.Y. PATIL UNIVERSITY ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-7(1), MUMBAI

80G of the Act. The assessee, inter alia,\nruns a Medical college, Dental college, physiotherapy, Biotechnology and\nNursing colleges at Nerul, Navi Mumbai. Shri Vijay D Patil and Smt. Shivani\nPatil are the main trustees. Shri Vijay D Patil is the President/Chancellor.\nSmt. Shivani Patil is the spouse of Shri Vijay D Patil.\n3. The revenue carried out search

PADMASHREE DR. D.Y.PATIL UNIVERSITY ,MUMBAI vs. ACIT INCOME TAX CC-7(1) , MUMBAI

In the result, all the appeals of the assessee are allowed and all the\nappeals of the revenue are dismissed

80G of the Act. The assessee, inter alia,\nruns a Medical college, Dental college, physiotherapy, Biotechnology and\nNursing colleges at Nerul, Navi Mumbai. Shri Vijay D Patil and Smt. Shivani\nPatil are the main trustees. Shri Vijay D Patil is the President/Chancellor.\nSmt. Shivani Patil is the spouse of Shri Vijay D Patil.\n3. The revenue carried out search

PADMASHREE DR. D.Y.PATIL UNIVERSITY ,MUMBAI vs. ACIT INCOME TAX CC-7(1) , MUMBAI

purchase and hence the sale\nvalue should be treated as income. It is the submission of the assessee that\nthe assessee has purchased movable assets aggregating to Rs.3,84,50,974/-\nduring the year relevant to AY 2013-14, but claimed a sum of\nRs.3,64,50,974/- only as application of income after deducting the value of\nassets deleted

DCIT, CC-7(1), MUMBAI vs. PADMASHREE DR. D.Y. PATIL UNIVERSITY, NAVI MUMBAI

80G of the Act. The assessee, inter alia,\nruns a Medical college, Dental college, Physiotherapy, Biotechnology and\nNursing colleges at Nerul, Navi Mumbai. Shri Vijay D Patil and Smt. Shivani\nPatil are the main trustees. Shri Vijay D Patil is the President/Chancellor.\nSmt. Shivani Patil is the spouse of Shri Vijay D Patil.\n3.\nThe revenue carried out search