CADMATIC OY,MUMBAI vs. DY. COMMISSIONER OF INCOME TAX (INT TAX), CIRCLE-2(1)(1), MUMBAI

In the result, the appeal by the assessee is allowed

Bench: Shri Amarjit Singh & Shri Sandeep Singh Karhail

2). If the assessee chooses to file objections before the DRP, then as per provisions of section 144C(5) the Dispute Resolution Panel shall, issue such directions, as it thinks fit, for the guidance of the Assessing Officer to enable him to complete the assessment. Once such directions are issued, section 144C(13) provides that the Assessing Officer shall

DCIT 5(3)(1), MUMBAI vs. M/S SERCO BPO PVT. LTD., MUMBAI

In the result, the appeal filed by the revenue is dismissed and the CO filed by the assessee is dismissed as infructuous

Bench: Shri Om Prakash Kant & Shir Pavan Kumar Gadaledcit – 5(3)(1) Vs. M/S Serco Bpo Pvt Room No. 573, Ltd.(As Successor Of Aayakar Bhavan, Intelnet Global Service Mumbai – 400 020. Pvtltd),Teleperformance Tower, Plot Cst No. 1406-A/28, Mindspace, Goregaon (W), Mumbai -400104. Pan/Gir No. : Aabcv2572L Appellant .. Respondent Co No. 136/Mum/2022 [Arising Out Of 2354/Mum/2022] (A.Y: 2009-10) Teleperformance Global Vs. Dcit – 5(3)(1) Service Pvt Ltd(Earlier Room No. 573, Serco Bpo Pvt Ltd), Aayakar Bhavan, Teleperformance Tower, Mumbai – 400020. Plot Cst No. 1406-A/28, Mindspace, Goregaon(W) Mumbai- 400104. Pan/Gir No. : Aabcv2572L Appellant .. Respondent

144C(1) 2 23.03.2015 Order u/s 143(1) Addition u/s 68 r.w.s 147 passed made to book ITA No. 2354/Mum/2022 & CO. 136/Mum/2022 M/s Serco BPO Pvt Ltd, Mumbai. by the AO profit u/s 115JB of the Act 3 16.09.2017 Order u/s 154 Rectification rectfying the order made on two u/s 147 of the Act issues. dated 23.03.2015 1. unexplained passed

HDFC BANK LIMITED (AS SUCCESSOR TO HDFC LTD),MUMBAI vs. DCIT 2(3)(1), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) | 2015-16 | Revenue 29. | 1890/Mum/2023 | ITBA/NFA C/S/250/202 2- 23/1051775 042(1) | 31.03.2023 | DCIT (TP)- 2(1)(1), Mumbai | 23.12.2019 | 143(3) | 2016-17 | Assessee 30. | 2049/Mum/2023 | ITBA/NFA C/S/250/202 2- 23/1051775 042(1) | 31.03.2023 | DCIT(TP)- 2(1)(1), Mumbai | 23.12.2019 | 143(3) | 2016-17 | Revenue 31. | 1891/Mum/2023 | ITBA/NFA C/S/250/202 2- 23/1051775 738(1) | 31.03.2023 | DCIT-1(1)(2

HDFC BANK LIMITED (AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD),MUMBAI vs. DCIT RG 1(1), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 2015-16 Revenue 29. 1890/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT (TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Assessee 30. 2049/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT(TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Revenue 31. 1891/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 738(1) 31.03.2023 DCIT-1(1)(2

ACIT-1(1)(1), MUMBAI vs. M/S HOUSING DEVELOPMENT FINANCE CORPORATION LTD, MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 2015-16 Revenue 29 1890/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT (TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Assessee 30 2049/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT(TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Revenue 31 1891/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 738(1) 31.03.2023 DCIT-1(1)(2

HDFC BANK LIMITED (AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD),MUMBAI vs. THE ADDL CIT RG 1(1), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 2015-16 Revenue 29 1890/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT (TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Assessee 30 2049/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT(TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Revenue 31 1891/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 738(1) 31.03.2023 DCIT-1(1)(2

ACIT-1(1)(1), MUMBAI vs. M/S. HOUSING DEVELOPMENT FINANCE CORPORATION LTD., DELHI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 2015-16 Revenue 29 1890/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT (TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Assessee 30 2049/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT(TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Revenue 31 1891/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 738(1) 31.03.2023 DCIT-1(1)(2

HDFC BANK LIMITED (AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD),MUMBAI vs. DCIT 1(1), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 228(1) 29 1890/Mum/2023 ITBA/NFA 31.03.2023 DCIT (TP)- 23.12.2019 143(3) 2016-17 Assessee C/S/250/202 2(1)(1), 2- Mumbai 23/1051775 042(1) 30 2049/Mum/2023 ITBA/NFA 31.03.2023 DCIT(TP)- 23.12.2019 143(3) 2016-17 Revenue C/S/250/202 2(1)(1), 2- Mumbai 23/1051775 042(1) 31 1891/Mum/2023 ITBA/NFA 31.03.2023 DCIT-1(1)(2), 28.12.2019 143(3) 2017-18 Assessee

HDFC BANK LIMITED (AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD),MUMBAI vs. DCIT RG 1(1), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 228(1) 29 1890/Mum/2023 ITBA/NFA 31.03.2023 DCIT (TP)- 23.12.2019 143(3) 2016-17 Assessee C/S/250/202 2(1)(1), 2- Mumbai 23/1051775 042(1) 30 2049/Mum/2023 ITBA/NFA 31.03.2023 DCIT(TP)- 23.12.2019 143(3) 2016-17 Revenue C/S/250/202 2(1)(1), 2- Mumbai 23/1051775 042(1) 31 1891/Mum/2023 ITBA/NFA 31.03.2023 DCIT-1(1)(2), 28.12.2019 143(3) 2017-18 Assessee

HDFC BANK LIMITED (AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD),MUMBAI vs. ADDL CIT RG 1(1), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 228(1) 29 1890/Mum/2023 ITBA/NFA 31.03.2023 DCIT (TP)- 23.12.2019 143(3) 2016-17 Assessee C/S/250/202 2(1)(1), 2- Mumbai 23/1051775 042(1) 30 2049/Mum/2023 ITBA/NFA 31.03.2023 DCIT(TP)- 23.12.2019 143(3) 2016-17 Revenue C/S/250/202 2(1)(1), 2- Mumbai 23/1051775 042(1) 31 1891/Mum/2023 ITBA/NFA 31.03.2023 DCIT-1(1)(2), 28.12.2019 143(3) 2017-18 Assessee

ADDL CIT RG 1(1), MUMBAI vs. HDFC LTD, MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 228(1) 29 1890/Mum/2023 ITBA/NFA 31.03.2023 DCIT (TP)- 23.12.2019 143(3) 2016-17 Assessee C/S/250/202 2(1)(1), 2- Mumbai 23/1051775 042(1) 30 2049/Mum/2023 ITBA/NFA 31.03.2023 DCIT(TP)- 23.12.2019 143(3) 2016-17 Revenue C/S/250/202 2(1)(1), 2- Mumbai 23/1051775 042(1) 31 1891/Mum/2023 ITBA/NFA 31.03.2023 DCIT-1(1)(2), 28.12.2019 143(3) 2017-18 Assessee

HDFC BANK LIMITED (AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD.),MUMBAI vs. DCIT, RANGE-1(1)(2), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 2015-16 Revenue 29 1890/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT (TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Assessee 30 2049/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT(TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Revenue 31 1891/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 738(1) 31.03.2023 DCIT-1(1)(2

HDFC BANK LTD.,(AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD),MUMBAI vs. DCIT, CIRCLE-2(3)(1), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 2015-16 Revenue 29. 1890/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT (TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Assessee 30. 2049/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT(TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Revenue 31. 1891/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 738(1) 31.03.2023 DCIT-1(1)(2

ACIT-2(3)(1), MUMBAI vs. HDFC BANK LTD ( MERGED ENTITY HDFC INVESTMENTS LIMITED ), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 2015-16 Revenue 29 1890/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT (TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Assessee 30 2049/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT(TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Revenue 31 1891/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 738(1) 31.03.2023 DCIT-1(1)(2

HDFC BANK LIMITED (AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD),MUMBAI vs. DCIT 1(1), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 2015-16 Revenue 29 1890/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT (TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Assessee 30 2049/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT(TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Revenue 31 1891/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 738(1) 31.03.2023 DCIT-1(1)(2

HDFC BANK LIMITED (AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD.),MUMBAI vs. ADDL/JT/DY/ACIT/ITO, NFAC, DELHI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 2015-16 Revenue 29 1890/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT (TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Assessee 30 2049/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT(TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Revenue 31 1891/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 738(1) 31.03.2023 DCIT-1(1)(2

M/S M.B.PATIL CONSTRUCTIONS LIMITED,MUMBAI vs. INCOME TAX DEPARTMENT, NATIONAL FACELESS ASSESSMENT CENTRE, , DELHI

delay of 19 days is condoned. 4. Assessee in its appeal has raised the following grounds:- “1. Because in the facts and circumstances of the case and in law, the CIT(A) has erred in confirming the action of the A.O. in rejecting the books of accounts and making an addition of Rs. 13,88,21,090/- to the total

HDFC BANK LIMITED (AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD),MUMBAI vs. ADDL CIT RG 1(1), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 2015-16 Revenue 29 1890/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT (TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Assessee 30 2049/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT(TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Revenue 31 1891/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 738(1) 31.03.2023 DCIT-1(1)(2

HDFC BANK LIMITED( AS SUCCESSOR TO HDFC LTD),MUMBAI vs. DCIT- 2(3)(1), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

144C(3) 2015-16 Revenue 29 1890/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT (TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Assessee 30 2049/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 042(1) 31.03.2023 DCIT(TP)- 2(1)(1), Mumbai 23.12.2019 143(3) 2016-17 Revenue 31 1891/Mum/2023 ITBA/NFA C/S/250/202 2- 23/1051775 738(1) 31.03.2023 DCIT-1(1)(2