CASCADE HOLDINGS P.LTD,MUMBAI vs. ACIT CEN CIR 4(3), MUMBAI
In the result, both the appeals filed by the assessee for assessment years
ITA 937/MUM/2017[2003-04]Status: DisposedITAT Mumbai04 Apr 2019AY 2003-04
Bench: Shri Rajesh Kumar (Am) & Shri Ram Lal Negi (Jm) Assessment Year: 2003-2004 M/S Cascade Holdings Pvt. Ltd., The Acit- Central Circle 4(3), 32, Madhuli, 3Rd Floor, R. No. 413, Aaykar Bhavan, Dr. Annie Besant Road, Worli, M.K. Road, Mumbai - 400018 Vs. Mumbai - 400020 Pan: Aaacc5768N (Appellant) (Respondent) & Assessment Year: 2011-2012 M/S Cascade Holdings Pvt. Ltd., The Assistant Commissioner Of 32, Madhuli, 3Rd Floor, Income Tax, Dr. Annie Besant Road, Worli, Central Circle – 31, Mumbai - 400018 Vs. R. No. 413, Aaykar Bhavan, Pan: Aaacc5768N Mumbai - 400020 (Appellant) (Respondent)
For Appellant: Shri Dharmesh Shah/For Respondent: Dr. P. Daniel (DR)
Section 142Section 143Section 144Section 234ASection 234B
condoned the delay of 661 days in filing the present appeal and permitted the Ld. counsel to argue the case of the assessee on merits.
Vide Ground No.1, the assessee has contended that since the assets under consideration and the consequential income belong to Sh. Harshad S Mehta, the AO ought to have taxed in the hands of Harshad Mehta
