BEETLE VENTURES PVT. LTD,MUMBAI vs. ACIT 16(2) , MUMBAI

In the result, appeal filed by the assessee is allowed

Bench: Shri Amit Shukla, Hon'Ble & Shri S. Rifaur Rahman, Hon'Blem/S. Beetle Ventures Private Limited V. Acit – 16(2) Unit No. 155 Room No. 440, 4Th Floor Shah & Nahar Industrial Estate Aayakar Bhavan, M.K. Road S.J. Marg, Lower Parel (W) Mumbai - 400020 Mumbai - 400013 Pan: Aafcb9355H (Appellant) (Respondent) Assessee Represented By : Shri Jayesh Dadiya Department Represented By : Shri Chetan M. Kacha

delay is condoned. 4. Brief facts of the case are, assessee filed its return of income on 30.09.2015 declaring total income of ₹.Nil and claimed loss of ₹.1,04,62,533/- and the return was processed u/s. 143(1) of Income-tax Act, 1961 (in short “Act”). Subsequently case was selected for scrutiny under CASS. Accordingly, notices u/s. 143(2

REKHA SHAH,MUMBAI vs. AO, KAUTILYA BHAVAN, MUMBAI

In the result, the appeal filed by the assessee bearing ITA No

Bench: Shri Vikram Singh Yadav & Shri Anikesh Banerjeerekha Shah Vs National Faceless Appeal Centre D-614, Veena Santoor, Sector- (Nfac) / Ito-Ward-34(3)(2), 8, Opp. Kvsc, Sai Baba Nagar Mumbai Extension Road, Borivali (W), Kautilya Bhavan, Bkc, Banda, Mumbai-400 092 Mumbai-400 051 Pan: Abgps4732G Appellant Respondent

condone the delay in filing the appeal and admit the appeal for adjudication. 3. The Ld.AR argued and submitted that on page 2 of the assessment order, the Ld.AO mentioned that no return of income was filed for the year under consideration and no assessment was made and that the only requirement for initiating proceedings u/s 147 is reason

VIDYA BUILDCON PRIVATE LIMITED,MUMBAI vs. ITO, MUMBAI

Bench: Shri Sandeep Gosain, Jm & Shri Arun Khodpia, Am

condone the small delay in present matters. Vidya Buildcon Private Ltd. ITA No. 4654/Mum/2024 AY 2010-11 3. At the outset, ld. Counsel for the assessee (AR) submitted that the assessee is a Private Limited Company, engaged in the business of trading and investment. That during the year under consideration an addition of Rs. 3,44,47,000/- under section

VIDYA BUILDCON PRIVATE LIMITED,MUMBAI vs. ITO 8 (3) (3), AAYAKAR BHAVAN

Bench: Shri Sandeep Gosain, Jm & Shri Arun Khodpia, Am

condone the small delay in present matters. Vidya Buildcon Private Ltd. ITA No. 4654/Mum/2024 AY 2010-11 3. At the outset, ld. Counsel for the assessee (AR) submitted that the assessee is a Private Limited Company, engaged in the business of trading and investment. That during the year under consideration an addition of Rs. 3,44,47,000/- under section

ACADEMY FOR GLOBAL EDUCATION SERVICES PRIVATE LIMITED,MUMBAI vs. ITO, MUMBAI

In the result, the appeal filed by the Assessee stands allowed

Bench: Shri Narender Kumar Choudhry & Shri Omkareshwar Chidaraassessment Year: 2011-12

delay in filing the appeal as reasonable, bonafide and sufficient, the same is condoned. 3. Coming to the merits of the case, it appears from the assessment order that the Assessee is dealing in education services and as per information received in the Revenue Department the Assessee during the year under consideration had accumulated and incurred losses but still issued

VISION INFPRO INDIA PRIVATE LIMITED,MUMBAI vs. DY COMMISSIONER OF INCOME TAX -8(3)(2) MUMBAI, MUMBAI

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Ms Padmavathy S, Am & Shri Sandeep Singh Karhail, Jm

56(2)(viib) – Ground No. 3.1 to 3.3. (iv) Levy of interest under section 234B & 234C – Ground No.4.1. (v) General – Ground No.5. 2. The assessee is a company and filed the return of income for AY 2014-15 on 12.11.2014 declaring a total income of Rs. 2,37,85,720/-. The case was selected for scrutiny and statutory notices were

MUZAFFAR MURAD SAYYED ,MUMBAI vs. ITO, 24(2)(1), MUMBAI

In the result, the appeal of the assessee bearing ITA No

Bench: Shri Anikesh Banerjee & Shri Omkareshwar Chidara

56(2)(viib) of the Act amount to Rs.9,58,940/- and under section 69 amount to Rs.43lakh and the tax was levied by pursuing section 115BBE of the Act. Being aggrieved, the assessee filed an appeal before the ld. CIT(A) with a delay of 12 days. The ld.CIT(A) dismissed the appeal on the ground of limitation

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

section 153C of LT. Act, 1961 can be initiated in respect to person other than searched only if incriminating material belonging to such person has been found and seized from the premises of person searched. No incriminating documents found at the person searched being M/s. Artefact Projects Ltd. no valid proceedings under section 153C of IT Act, 1961 could have

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

section 153C of LT. Act, 1961 can be initiated in respect to person other than searched only if incriminating material belonging to such person has been found and seized from the premises of person searched. No incriminating documents found at the person searched being M/s. Artefact Projects Ltd. no valid proceedings under section 153C of IT Act, 1961 could have

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

section 153C of LT. Act, 1961 can be initiated in respect to person other than searched only if incriminating material belonging to such person has been found and seized from the premises of person searched. No incriminating documents found at the person searched being M/s. Artefact Projects Ltd. no valid proceedings under section 153C of IT Act, 1961 could have