MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Bench: SHRI AMIT SHUKLA (Judicial Member), SHRI ARUN KHODPIA (Accountant Member)

section 254(1) of Income Tax Act PER ARUN KHODPIA, ACCOUNTANT MEMBER: The captioned appeals are filed by the assessee against the orders of CIT(A)/NFAC, 52, Mumbai (in short „the Ld. CIT(A)‟) dated 08.11.2024 for the Assessment Year 2013-14, 2014-15, 2015-16, 2016-17, 2017-18, 2018-19 and 2019-20, which in term arises

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Bench: SHRI AMIT SHUKLA (Judicial Member), SHRI ARUN KHODPIA (Accountant Member)

section 254(1) of Income Tax Act PER ARUN KHODPIA, ACCOUNTANT MEMBER: The captioned appeals are filed by the assessee against the orders of CIT(A)/NFAC, 52, Mumbai (in short „the Ld. CIT(A)‟) dated 08.11.2024 for the Assessment Year 2013-14, 2014-15, 2015-16, 2016-17, 2017-18, 2018-19 and 2019-20, which in term arises

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Bench: SHRI AMIT SHUKLA (Judicial Member), SHRI ARUN KHODPIA (Accountant Member)

section 254(1) of Income Tax Act PER ARUN KHODPIA, ACCOUNTANT MEMBER: The captioned appeals are filed by the assessee against the orders of CIT(A)/NFAC, 52, Mumbai (in short „the Ld. CIT(A)‟) dated 08.11.2024 for the Assessment Year 2013-14, 2014-15, 2015-16, 2016-17, 2017-18, 2018-19 and 2019-20, which in term arises

ALPS CONSTRUCTION ,MUMBAI vs. ITO WARD 23(1)(1), MUMBAI

Bench: SHRI B R BASKARAN (Accountant Member), SHRI RAJ KUMAR CHAUHAN (Judicial Member)

section 254(1) of Income Tax Act PER ARUN KHODPIA, ACCOUNTANT MEMBER: The captioned appeals are filed by the assessee against the orders of CIT(A)/NFAC, 52, Mumbai (in short „the Ld. CIT(A)‟) dated 08.11.2024 for the Assessment Year 2013-14, 2014-15, 2015-16, 2016-17, 2017-18, 2018-19 and 2019-20, which in term arises

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Accordingly, to give effect to this\norder after factual verification.\n8.14 In result, the appeal of assessee in 3950 to\n3954/Mum/2025 for AY 2015-16 to 2018-19, are partly allowed\nfor statistic...

section 254(1) of Income Tax Act\nPER ARUN KHODPIA, ACCOUNTANT MEMBER:\nThe captioned appeals are filed by the assessee against the\norders of CIT(A)/NFAC, 52, Mumbai (in short 'the Ld. CIT(A)')\ndated 08.11.2024 for the Assessment Year 2013-14, 2014-15,\n2015-16, 2016-17, 2017-18, 2018-19 and 2019-20, which in\nterm arises

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Accordingly, to give effect to this\norder after factual verification.\n8.14 In result the appeal of assessee in 3950 to\n3954/MUM/2025 for AY 2015-16 to 2018-19, are partly allowed\nfor statistica...

section 254(1) of Income Tax Act\nPER ARUN KHODPIA, ACCOUNTANT MEMBER:\nThe captioned appeals are filed by the assessee against the\norders of CIT(A)/NFAC, 52, Mumbai (in short 'the Ld. CIT(A)')\ndated 08.11.2024 for the Assessment Year 2013-14, 2014-15,\n2015-16, 2016-17, 2017-18, 2018-19 and 2019-20, which in\nterm arises

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Accordingly, to give effect to this\norder after factual verification.\n8.14\nIn result the appeal of assessee in 3950 to\n3954/Mum/2025 for AY 2015-16 to 2018-19, are partly allowed\nfor statistic...

section 254(1) of Income Tax Act\nPER ARUN KHODPIA, ACCOUNTANT MEMBER:\nThe captioned appeals are filed by the assessee against the\norders of CIT(A)/NFAC, 52, Mumbai (in short 'the Ld. CIT(A)')\ndated 08.11.2024 for the Assessment Year 2013-14, 2014-15,\n2015-16, 2016-17, 2017-18, 2018-19 and 2019-20, which in\nterm arises

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Accordingly, to give effect to this\norder after factual verification.\n8.14\nIn result the appeal of assessee in 3950 to\n3954/Mum/2025 for AY 2015-16 to 2018-19, are partly allowed\nfor statistic...

section 254(1) of Income Tax Act\nPER ARUN KHODPIA, ACCOUNTANT MEMBER:\nThe captioned appeals are filed by the assessee against the\norders of CIT(A)/NFAC, 52, Mumbai (in short 'the Ld. CIT(A)')\ndated 08.11.2024 for the Assessment Year 2013-14, 2014-15,\n2015-16, 2016-17, 2017-18, 2018-19 and 2019-20, which in\nterm arises

NISHA THOMAS,MUMBAI vs. COMMISSIONER OF INCOME TAX (A)-DRP-2 , MUMBAI

In the result, the appeal is allowed

Bench: Ms Padmavathy S, Am & Shri Raj Kumar Chauhan, Jm

condone the delay of 3 days in filing the appeal and admit the appeal for adjudication. 6. The first contention of the ld. AR is with regard to the legal issue that the notice issued under section 148 of the Act dated 22.07.2022 is barred by limitation. The ld. AR submitted that the AO issued a notice under

SUDESH DHANRAJ MURPANA (HUF),MUMBAI vs. THE INCOME TAX OFFICER, WARD 23(3)(1, MUMBAI

In the result, appeal of the assessee is allowed

Bench: Shri Amit Shukla & Shri Girish Agrawalassessment Year: 2013-14 Sudesh Dhanraj Murpana Income Tax Officer – 23(3) (1) (Huf) Matru Mandir, Tardeo, Grant 401 Somdhan Bldg, Perry Road, Cross Road Bandra (West), Vs. Mumbai - 400007 Mumbai 400050

delay is condoned to take up the matter for adjudication. 5. Brief facts of the case are that assessee filed its return of income on 13.03.2014, reporting total income at Rs. 6,04,020/-. Information was received by the ld. A.O. from Insight portal that assessee had sold shares in the alleged penny stock scrip i.e. ACI Infocom Ltd. listed

ACIT CC 7(1) , MUMBAI vs. DR. D.Y.PATIL EDUCATION SOCIETY, MUMBAI

In the result, both the appeal

Bench: Shri Amit Shukla () & Shri Om Prakash Kant () Assessment Year: 2011-12 & Assessment Year: 2012-13 Asst. Cit, Cc-7(1), Dr. D.Y. Patil Education Society, R. No. 676B, 6Th Floor, Aayakar 869, E Ward, Kasaba Vawada, Bhavan, M.K. Road, Vs. Kolhapur-416006. Mumbai-400020. Pan No. Aaatd 8919 M Appellant Respondent Co No. 58/Mum/2022 (Ita No. 2293/Mum/2021) Assessment Year: 2011-12 & Co No. 59/Mum/2022 (Ita No. 2294/Mum/2021) Assessment Year: 2012-13 Dr. D.Y. Patil Education Society, Asst. Cit, Cc-7(1), 869, E Ward, Kasaba Vawada, R. No. 676B, 6Th Floor, Aayakar Kolhapur-416006. Vs. Bhavan, M.K. Road, Mumbai-400020. Pan No. Aaatd 8919 M Appellant Respondent Assessee By : Mr. Dharmesh Shah/Dhaval Shah, Ar Revenue By : Mr. T. Shankar, Cit-Dr/Mahita Nair Date Of Hearing : 09/09/2022 Date Of Pronouncement : 29/09/2022

section 153C of the Act. The search in the case of other entities was concluded on 29.07.2016 and therefore, assessment in entities was concluded on 29.07.2016 and therefore, assessment in entities was concluded on 29.07.2016 and therefore, assessment in the case of searched ed person were reopened for the period from were reopened for the period from assessment year

ACIT CENT. CIR 7(1), MUMBAI vs. DR. D.Y.PATIL EDUCATION SOCIETY, MUMBAI

In the result, both the appeal

Bench: Shri Amit Shukla () & Shri Om Prakash Kant () Assessment Year: 2011-12 & Assessment Year: 2012-13 Asst. Cit, Cc-7(1), Dr. D.Y. Patil Education Society, R. No. 676B, 6Th Floor, Aayakar 869, E Ward, Kasaba Vawada, Bhavan, M.K. Road, Vs. Kolhapur-416006. Mumbai-400020. Pan No. Aaatd 8919 M Appellant Respondent Co No. 58/Mum/2022 (Ita No. 2293/Mum/2021) Assessment Year: 2011-12 & Co No. 59/Mum/2022 (Ita No. 2294/Mum/2021) Assessment Year: 2012-13 Dr. D.Y. Patil Education Society, Asst. Cit, Cc-7(1), 869, E Ward, Kasaba Vawada, R. No. 676B, 6Th Floor, Aayakar Kolhapur-416006. Vs. Bhavan, M.K. Road, Mumbai-400020. Pan No. Aaatd 8919 M Appellant Respondent Assessee By : Mr. Dharmesh Shah/Dhaval Shah, Ar Revenue By : Mr. T. Shankar, Cit-Dr/Mahita Nair Date Of Hearing : 09/09/2022 Date Of Pronouncement : 29/09/2022

section 153C of the Act. The search in the case of other entities was concluded on 29.07.2016 and therefore, assessment in entities was concluded on 29.07.2016 and therefore, assessment in entities was concluded on 29.07.2016 and therefore, assessment in the case of searched ed person were reopened for the period from were reopened for the period from assessment year

SKYLARK BUILD,MUMBAI vs. ASST CIT CEN CIR 4(2), MUMBAI

Bench: Shri Joginder Singh & Shri Rajesh Kumarassessment Year: 2007-08 M/S. Skylark Build Acit, Central Circle-4(2) 402, Sagar Avenue 4Th Floor, Aayakar Bhavan बनाम/ Plot B-54, Junction Of M.K.Road, Vs. Lallubhai Park & S.V. Road Mumbai 400020 Andheri (W), Mumbai 400058 ("नधा"रती /Assessee) (राज"व /Revenue) Pan. No. Aazfs0404K Assessment Year: 2008-09 M/S. Skylark Build Acit, Central Circle-4(2) 402, Sagar Avenue 4Th Floor, Aayakar Bhavan बनाम/ Plot B-54, Junction Of M.K.Road, Vs. Lallubhai Park & S.V. Road Mumbai 400020 Andheri (W), Mumbai 400058 ("नधा"रती /Assessee) (राज"व /Revenue) Pan. No. Aazfs0404K

153C”. On the other hand, only the Assessing Officer of other person, other than Assessing Officer of searched person can say and write “Issue notice u/s. 153C” 2.35. The above facts reflects that neither satisfaction note was issued by the Assessing Officer in his capacity as a 57 Skylark Build Skylark Buildcon P. Ltd. Smt. Hemlata S. Shetty, Oasis Realty

SKYLARK BUILD,MUMBAI vs. ASST CIT CEN CIR 4(2), MUMBAI

Bench: Shri Joginder Singh & Shri Rajesh Kumarassessment Year: 2007-08 M/S. Skylark Build Acit, Central Circle-4(2) 402, Sagar Avenue 4Th Floor, Aayakar Bhavan बनाम/ Plot B-54, Junction Of M.K.Road, Vs. Lallubhai Park & S.V. Road Mumbai 400020 Andheri (W), Mumbai 400058 ("नधा"रती /Assessee) (राज"व /Revenue) Pan. No. Aazfs0404K Assessment Year: 2008-09 M/S. Skylark Build Acit, Central Circle-4(2) 402, Sagar Avenue 4Th Floor, Aayakar Bhavan बनाम/ Plot B-54, Junction Of M.K.Road, Vs. Lallubhai Park & S.V. Road Mumbai 400020 Andheri (W), Mumbai 400058 ("नधा"रती /Assessee) (राज"व /Revenue) Pan. No. Aazfs0404K

153C”. On the other hand, only the Assessing Officer of other person, other than Assessing Officer of searched person can say and write “Issue notice u/s. 153C” 2.35. The above facts reflects that neither satisfaction note was issued by the Assessing Officer in his capacity as a 57 Skylark Build Skylark Buildcon P. Ltd. Smt. Hemlata S. Shetty, Oasis Realty

DCIT CEN CIR 4(2), MUMBAI vs. SUDHAKAR M. SHETTY, MUMBAI

Bench: Shri Joginder Singh & Shri Rajesh Kumarassessment Year: 2007-08 M/S. Skylark Build Acit, Central Circle-4(2) 402, Sagar Avenue 4Th Floor, Aayakar Bhavan बनाम/ Plot B-54, Junction Of M.K.Road, Vs. Lallubhai Park & S.V. Road Mumbai 400020 Andheri (W), Mumbai 400058 ("नधा"रती /Assessee) (राज"व /Revenue) Pan. No. Aazfs0404K Assessment Year: 2008-09 M/S. Skylark Build Acit, Central Circle-4(2) 402, Sagar Avenue 4Th Floor, Aayakar Bhavan बनाम/ Plot B-54, Junction Of M.K.Road, Vs. Lallubhai Park & S.V. Road Mumbai 400020 Andheri (W), Mumbai 400058 ("नधा"रती /Assessee) (राज"व /Revenue) Pan. No. Aazfs0404K

153C”. On the other hand, only the Assessing Officer of other person, other than Assessing Officer of searched person can say and write “Issue notice u/s. 153C” 2.35. The above facts reflects that neither satisfaction note was issued by the Assessing Officer in his capacity as a 57 Skylark Build Skylark Buildcon P. Ltd. Smt. Hemlata S. Shetty, Oasis Realty

DCIT CENTRAL CIRCLE-2(4) , MUMBAI vs. RONAK GEMS PRIVATE LIMITED, MUMBAI

In the result, appeal of the Revenue is allowed for statistical

Bench: Shri Om Prakash Kant () & Shri Rahul Chaudhary () Assessment Year: 2017-18 Dcit Central Circle- 2(4) M/S Ronak Gems Pvt Ltd Room No. 802, 8Th Floor, 311, Mehta Bhavan, Shop No. Vs. Prathishtha Bhavan, M.K. 5, Opp. Charni Road, Road Churchgate, Mumbai- 400 004 Mumbai- 400020 Pan No. Aabcr 7550 G Appellant Respondent Assessee By : Mr. Nishit Gandhi, Ms. Madhuri Tambe & Aishwarya Wanikar Revenue By : Smt. Sanyogita Nagpal, Cit-Dr : Date Of Hearing 09/11/2023 Date Of Pronouncement : 15/11/2023

1. Whether on the facts and circumstances of the case and in law, the Ld. CIT(A) is correct in allowing the appeal filed by the assessee by relying on the decision of the Hon'ble Bombay High Court in the case of CIT vs. Continental Warehousing Ronak Gems Pvt Ltd 2 Corporation, ignoring the fact that appeal is pending

M/S. KISHOR D NAIK (HUF),MUMBAI vs. ACIT, CENTRAL CIRCLE -2, THANE

In the result, the appeal of the assessee is accordingly allowed

condone the delay of seventy-six (76) days in\nfiling the appeal. The appeal is accordingly admitted for\nadjudication on grounds raised.\n3. Briefly stated, facts of the case are that assessee had filed\nreturn of income u/s 139(1) of the Income-tax Act, 1961 ( in short\nthe 'Act') i.e. the original return, on 12.02.2013 declaring total\nincome

DCIT CC-8(4), MUMBAI vs. KALYANJI VELJI HUF, MUMBAI

In the result, the appeal filed by the Revenue is dismissed

Bench: Shri Kuldip Singh () & Shri Om Prakash Kant () Assessment Year: 2014-15 Dcit Cent. Circle-8(4), M/S Kalyanji Velji Huf Room No. 659, 6Th Floor, Plot No. 368, Vishrani Niwas, Aayakar Bhavan, M.K. Road, Vs. Bhandarkar Road, Matunga C.R. Mumbai-400020. Mumbai-400019. Pan No. Aaahk 1097 D Appellant Respondent Revenue By : Mr. Jasdeep Singh, Cit-Dr Assessee By : None Date Of Hearing : 30/05/2022 Date Of Pronouncement : 26/08/2022

delay in filing the appeal is condoned. y in filing the appeal is condoned. 4. Briefly stated, the facts of the case are that the assessee filed its Briefly stated, the facts of the case are that the assessee filed its Briefly stated, the facts of the case are that the assessee filed its return of income for the year