SHREE SWAMI SAMARTH TRADING CO. P. LTD,MUMBAI vs. CIT (A)-13, MUMBAI

In the result, both the appeals of assessee are dismissed

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

68 (increase in paid-up share capital) Rs.4,00,00,000/- b) Addition under section unexplained cash credit Rs.8,12,16,818/- c) Disallowance of bonafide depreciation Rs.1,19,08,429/- d) Ad-hoc @25% disallowance of expenses Rs.4,70,54,434/-” 6. In this case, there is a delay of 499 days and CIT(A) has given the same

SHREE SWAMI SAMARTH TRADING CO. LT,MUMBAI vs. CIT (A)-13, MUMBAI

In the result, both the appeals of assessee are dismissed

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

68 (increase in paid-up share capital) Rs.4,00,00,000/- b) Addition under section unexplained cash credit Rs.8,12,16,818/- c) Disallowance of bonafide depreciation Rs.1,19,08,429/- d) Ad-hoc @25% disallowance of expenses Rs.4,70,54,434/-” 6. In this case, there is a delay of 499 days and CIT(A) has given the same

NILESH JANARDAN THAKUR,MUMBAI vs. ITO 25(1)(4), MUMBAI

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

Bench: Shri D.T. Garasia () & Shri G Manjunatha ()

condone the delay in filing the appeal and admit the appeal for adjudication, on merits. ITA 3738/Mum/2013 10. The assessee has raised common grounds of appeal for both the assessment years. For the sake of brevity, grounds of appeal for AY 2008-09 in ITA No.3738/Mum/2013 are reproduced below:- “1. On facts and circumstances of the case

SHRI BHARAT NAVINCHANDRA GALA ,MUMBAI vs. ITO WARD 41(3)(1), MUMBAI

In the result, appeal filed by assessee stands partly allowed for statistical purposes

Bench: Smt. Beena Pillai ()

delay in filing of the appeal is condoned and the appeal is admitted. 3. Brief facts of the case are as under: The assessee is engaged in the business of builders and developers and is running his business under the name and style of his proprietary concern, M/s Arihant Builders & Developers. During the year under consideration, the assessee filed

UMASHANKER SHIWAPRASAD MODI,THANE vs. CIRCLE 19(3), MUMBAI, MUMBAI

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

Bench: Shri Sandeep Gosain () & Shri Om Prakash Kant () Assessment Year: 2018-19 Mr. Umashanker Modi Income Tax Department, Office No. D, 12Th Floor, Mbc Park, National Faceless Appeals Vs. D Building, Near Hypercity, Centre (Nfac), Delhi. Ghodbunder Road, Kasarvadavali, Thane West, Thane- 400615. Pan No. Aabpm 8785 D Appellant Respondent

condone the delay of 536 days in filing the appeal and admit the same for ad and admit the same for adjudication. 4. The principal grievance of the assessee in the present appeal is The principal grievance of the assessee in the present appeal is The principal grievance of the assessee in the present appeal is against the addition

DONA BUILDERS PVT LTD,MUMBAI vs. DCIT, CIRCLE 1(3)(1), MUMBAI

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan() Assessment Year: 2009-10 & Assessment Year: 2010-11 & Assessment Year: 2011-12 & Assessment Year: 2012-13 & Assessment Year: 2013-14 Dona Builders Pvt Ltd Dcit, Circle 1(3)(1), Mumbai 108, Shiv Aashish S.V. Road, Aayakar Bhavan, Mumbai- Vs. Andheri West, Mumbai- 400058 400020 Pan No. Aaacd 3116 F Appellant Respondent : Mr. Rajesh Shah Assessee By : Mr. Annavaram Kosuri, Sr-Dr A/W Revenue By Mr. Uma Shankar Prasad, Cit Dr : 06/11/2025 Date Of Hearing Date Of Pronouncement : 21/01/2026 Order Per Bench These Five Appeals By The Assessee Are Directed Against Separate Orders Passed By The Ld. Commissioner Of Income-Tax

Section 68 of the Act without going into the details and the total additions in respect of unsecured loans were details and the total additions in respect of unsecured loans were details and the total additions in respect of unsecured loans were confirmed by way of surmise and conjec confirmed by way of surmise and conjecture

DONA BUILDERS PVT LTD ,MUMBAI vs. DCIT, CIRCLE 1(3)(1), MUMBAI

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan() Assessment Year: 2009-10 & Assessment Year: 2010-11 & Assessment Year: 2011-12 & Assessment Year: 2012-13 & Assessment Year: 2013-14 Dona Builders Pvt Ltd Dcit, Circle 1(3)(1), Mumbai 108, Shiv Aashish S.V. Road, Aayakar Bhavan, Mumbai- Vs. Andheri West, Mumbai- 400058 400020 Pan No. Aaacd 3116 F Appellant Respondent : Mr. Rajesh Shah Assessee By : Mr. Annavaram Kosuri, Sr-Dr A/W Revenue By Mr. Uma Shankar Prasad, Cit Dr : 06/11/2025 Date Of Hearing Date Of Pronouncement : 21/01/2026 Order Per Bench These Five Appeals By The Assessee Are Directed Against Separate Orders Passed By The Ld. Commissioner Of Income-Tax

Section 68 of the Act without going into the details and the total additions in respect of unsecured loans were details and the total additions in respect of unsecured loans were details and the total additions in respect of unsecured loans were confirmed by way of surmise and conjec confirmed by way of surmise and conjecture

BHARAT NATHALAL ZAVERI,MUMBAI vs. ITO , WARD 4(3)(1), MUMBAI

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

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan () Assessment Year: 2017-18 Bharat Nathalal Zaveri, Ito-Mum-W(443)(1), 411, Kewal Indl. Estate, Senapati Aayakar Bhavan, Maharshi Bapat Marg, Lower Parel, Vs. Karve, Road, New Marine Mumbai-400013. Lines, Mumbai-400020. Pan No. Aaapz 0864 D Appellant Respondent

delay of 442 days in filing the present appeal stands condoned and of 442 days in filing the present appeal stands condoned of 442 days in filing the present appeal stands condoned proceeded to adjudicate proceeded to adjudicate the matter on merits. Bharat Nathalal Zaveri 4.2 On merits, it is undisputed that the assessee remained non On merits

ACIT, CENTRAL CIRCLE-2(1), MUMBAI vs. M/S LUXORA REALTORS P. LTD., MUMBAI

In the result, appeal filed by the Revenue is dismissed

Bench: Shri S. Rifaur Rahman, Hon'Ble & Shri Amarjit Singh, Hon'Bleacit – Central Circle – 2(1) V. M/S. Luxora Realtors Pvt. Ltd., Room No. 804, 8Th Floor Soham House, Hari Om Nagar Aayakar Bhavan, M.K. Road Opp. Eastern Express Highway Mumbai - 400020 Mulund(E), Mumbai – 400081 Pan: Aabco3197J (Appellant) (Respondent) Assessee By : Shri Kishore Dewani Department By : Ms. Shailja Rai

section 68 of the Act were furnished before the Ld. AO so as to prove the identity and creditworthiness of the cash creditor as well as the genuineness of the transaction. In this regard, it has been stated that not only had the appellant proved the creditworthiness of the shareholder viz., M/s. Ananya Properties (I) Ltd., It had even proved

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

68 in the computation of book profit for the purpose of section 115JB is not sustainable, there is no need to go into the merits of the findings of the AO that the sum of Rs. 32,21,48,679/- represents unexplained cash credit. Accordingly ground no 3 & 4 are allowed. Aggrieved by the order

SHOT FORMATS DIGITAL PRODUCTIONS PVT LTD,MUMBAI vs. DCIT CIRCLE 16(1), MUMBAI

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

Bench: Shri Sandeep Gosain () & Shri Om Prakash Kant () Assessment Year: 2013-14

condone the delay in filing the appeal. 4.6 The appeal is thus admitted and taken up for adjudication on The appeal is thus admitted and taken up for adjudication on The appeal is thus admitted and taken up for adjudication on merits. 5. We have carefully heard the rival submissions and perused the We have carefully heard the rival submissions

M/S N. G. GROUP ,MUMBAI vs. ITO, WARD-28(2)(, NAVI MUMBAI

In the result, the appeal filed by the assessee is allowed

Bench: Shri Amit Shukla, Jm & Shri Prashant Maharishi, Am M/S N.G. Group The Income Tax Officer Plot No.8, Sector 11 3Rd Floor, 6Th Tower, Off Juinagar Railway Station, Vsrccl, Vashi Vs. Sanpada, Navi Mumbai–400703 Navi Mumbai –400709 (Respondent) (Appellant) Pan No. Aaffn9159E Assessee By : Ms. Ritika Agarwal, Ar Revenue By : Shri Chetan M. Kacha, Sr. Ar Date Of Hearing: 02.08.2022 Date Of Pronouncement: 01-11-2022

condone the delay in filing of the appeal of 485 days. 010. Coming the facts of the case, assessee is a partnership firm engaged in the business of developing and building of residential and commercial premises. It filed its return of income on 30th September 2009 declaring nil income. Thereafter, assessment order under Section

SHRI SANDEEP S SHARMA ,MUMBAI vs. INCOME TAX OFFICER WARD 20(3)(5), MUMBAI

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

Bench: Shri Saktijit Dey, Hon’Ble & Shri Narendra Kumar Billaiya, Hon’Ble

Delay is condoned. 3. The assessee has challenged the following additions:- “Addition of Rs.3,00,00,000/- made under section 68

KETAN V. SHAH,MUMBAI vs. ASST CIT CEN CIR 11, MUMBAI

In the result appeal of the Revenue in ITA No

Bench: Shri D.T.Garasia & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No. 2118-2121/Mum/2013, (नििाारण वर्ा / Assessment Year : 2002-03 To 2004-05 & 2006-07)

68 ,vide assessment order dated 24-12-2008 passed by the AO u/s 144 r.w.s. 153A. 11.2 The assessee challenged the additions by filing first appeal with learned CIT(A) which was delayed by 92 days. The learned CIT(A) dismissed the appeal in limine by not condoning the delay of 92 days in filing the appeal late beyond period

KETAN V. SHAH HUF,MUMBAI vs. ASST CIT CEN CIR 11, MUMBAI

In the result appeal of the Revenue in ITA No

Bench: Shri D.T.Garasia & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No. 2118-2121/Mum/2013, (नििाारण वर्ा / Assessment Year : 2002-03 To 2004-05 & 2006-07)

68 ,vide assessment order dated 24-12-2008 passed by the AO u/s 144 r.w.s. 153A. 11.2 The assessee challenged the additions by filing first appeal with learned CIT(A) which was delayed by 92 days. The learned CIT(A) dismissed the appeal in limine by not condoning the delay of 92 days in filing the appeal late beyond period

KETAN V. SHAH,MUMBAI vs. ASST CIT CEN CIR 11, MUMBAI

In the result appeal of the Revenue in ITA No

Bench: Shri D.T.Garasia & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No. 2118-2121/Mum/2013, (नििाारण वर्ा / Assessment Year : 2002-03 To 2004-05 & 2006-07)

68 ,vide assessment order dated 24-12-2008 passed by the AO u/s 144 r.w.s. 153A. 11.2 The assessee challenged the additions by filing first appeal with learned CIT(A) which was delayed by 92 days. The learned CIT(A) dismissed the appeal in limine by not condoning the delay of 92 days in filing the appeal late beyond period

KETAN V. SHAH,MUMBAI vs. ASST CIT CEN CIR 11, MUMBAI

In the result appeal of the Revenue in ITA No

Bench: Shri D.T.Garasia & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No. 2118-2121/Mum/2013, (नििाारण वर्ा / Assessment Year : 2002-03 To 2004-05 & 2006-07)

68 ,vide assessment order dated 24-12-2008 passed by the AO u/s 144 r.w.s. 153A. 11.2 The assessee challenged the additions by filing first appeal with learned CIT(A) which was delayed by 92 days. The learned CIT(A) dismissed the appeal in limine by not condoning the delay of 92 days in filing the appeal late beyond period

KETAN V. SHAH,MUMBAI vs. ASST CIT CEN CIR 11, MUMBAI

In the result appeal of the Revenue in ITA No

Bench: Shri D.T.Garasia & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No. 2118-2121/Mum/2013, (नििाारण वर्ा / Assessment Year : 2002-03 To 2004-05 & 2006-07)

68 ,vide assessment order dated 24-12-2008 passed by the AO u/s 144 r.w.s. 153A. 11.2 The assessee challenged the additions by filing first appeal with learned CIT(A) which was delayed by 92 days. The learned CIT(A) dismissed the appeal in limine by not condoning the delay of 92 days in filing the appeal late beyond period