ABHUBHAI HIRABHAI DESAI,MUMBAI vs. DCIT CIRCLE 19(1), MUMBAI

In the result, the appeal of the assessee is allowed

depreciation allowance or any other\nallowance or deduction for such assessment year and for which a prior notice under Section\n148 would be required to be issued. Section 147 does not contemplate an eventuality\nwhich Section 153A or Section 153C

DCIT CENTRAL CIRCLE 7 (1) , MUMBAI vs. RAMRAO ADIK EDUC SOCIETY, MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

153C in assessee's\ncase. During the course of assessment proceedings the AO recorded statement\nunder oath under Section 131(1) of the Act where Shri Sunil Gaikwad was cross\nexamined with regard to his answers during the statement recorded under Section\n132(4). The following answers of the Shri Sunil Gaikwad are relevant with regard\nto the impugned issue

RAMRAO ADIK EDUCATION SOCIETY ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 7(1), MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

153C in assessee's\ncase. During the course of assessment proceedings the AO recorded statement\nunder oath under section 131(1) of the Act where Shri Sunil Gaikwad was cross\nexamined with regard to his answers during the statement recorded under section\n132(4). The following answers of the Shri Sunil Gaikwad are relevant with regard\nto the impugned issue

RAMRAO ADIK EDUCATION SOCIETY ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOMETAX CENTRAL CIRCLE 7(1), MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

section 153C the assessee filed the return of income on 23.09.2018 declaring\ntotal income at Nil. The AO subsequently issued statutory notices which were duly\nserved on the assessee calling for various details. The AO while completing the\nassessment made additions towards:\ni.\nii.\niii.\niv.\nV.\nAddition towards unaccounted Capitation Fee based on statements recorded\nfrom Shri Sunil Gaikwad

ESSEL MINING & INDUSTRIES LIMITED,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX - CENTRAL CIRCLE 1(4), MUMBAI

In the result, the appeal of the Revenue for assessment year the result, the appeal of the Revenue for assessment year the result, the appeal of the Revenue for assessment year

Bench: Shri Aby T Varkey () & Shri Om Prakash Kant () Assessment Year: 2011-12 & Assessment Year: 2012-13 Essel Mining & Industries Ltd., Dy. Cit, Central Circle-1(4), Industry House, 18Th Floor, 10, 9Th Floor, Old Cgo Building, Camac Street, Vs. Mk Road, Kolkata-700017. Mumbai-400020. Pan No. Aaace 6607 L Appellant Respondent Assessment Year: 2011-12 & Assessment Year: 2012-13 Jcit, Central Circle-1(4), M/S Essel Mining & Industries Room No. 902, Pratishtha Ltd., Bhavan, 9Th Floor, Old Cgo Vs. Industry House, 18Th Floor, 10, Building Annexe, Camac Street, Mumbai-400020. Kolkata-700017. Pan No. Aaace 6607 L Appellant Respondent Assessment Year: 2011-12 M/S Essel Mining & Industries Dy. Cit, Central Circle-1(4), Ltd., 9Th Floor, Old Cgo Building, Vs. Industry House, 18Th Floor, 10, Mk Road

section 153C of the Act. 153C of the Act. ADDITIONAL GROUND NO. 2: CLAIM OF DEDUCTION OF ADDITIONAL GROUND NO. 2: CLAIM OF DEDUCTION OF ADDITIONAL GROUND NO. 2: CLAIM OF DEDUCTION OF EDUCATION CESS EDUCATION CESS On the facts and the circumstances of the case and in law, On the facts and the circumstances of the case

ESSEL MINING & INDUSTRIES LIMITED,MUMBAI vs. DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4), MUMBAI

In the result, the appeal of the Revenue for assessment year the result, the appeal of the Revenue for assessment year the result, the appeal of the Revenue for assessment year

Bench: Shri Aby T Varkey () & Shri Om Prakash Kant () Assessment Year: 2011-12 & Assessment Year: 2012-13 Essel Mining & Industries Ltd., Dy. Cit, Central Circle-1(4), Industry House, 18Th Floor, 10, 9Th Floor, Old Cgo Building, Camac Street, Vs. Mk Road, Kolkata-700017. Mumbai-400020. Pan No. Aaace 6607 L Appellant Respondent Assessment Year: 2011-12 & Assessment Year: 2012-13 Jcit, Central Circle-1(4), M/S Essel Mining & Industries Room No. 902, Pratishtha Ltd., Bhavan, 9Th Floor, Old Cgo Vs. Industry House, 18Th Floor, 10, Building Annexe, Camac Street, Mumbai-400020. Kolkata-700017. Pan No. Aaace 6607 L Appellant Respondent Assessment Year: 2011-12 M/S Essel Mining & Industries Dy. Cit, Central Circle-1(4), Ltd., 9Th Floor, Old Cgo Building, Vs. Industry House, 18Th Floor, 10, Mk Road

section 153C of the Act. 153C of the Act. ADDITIONAL GROUND NO. 2: CLAIM OF DEDUCTION OF ADDITIONAL GROUND NO. 2: CLAIM OF DEDUCTION OF ADDITIONAL GROUND NO. 2: CLAIM OF DEDUCTION OF EDUCATION CESS EDUCATION CESS On the facts and the circumstances of the case and in law, On the facts and the circumstances of the case

RAMRAO ADIK EDUCATION SOCIETY ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOMETAX CENTRAL CIRCLE 7(1), MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

Section 153C the assessee filed the return of income on 23.09.2018 declaring\ntotal income at Nil. The AO subsequently issued statutory notices which were duly\nserved on the assessee calling for various details. The AO while completing the\nassessment made additions towards:\ni. Addition towards unaccounted Capitation Fee based on statements recorded\nfrom Shri Sunil Gaikwad and Shri Dhakoji Dattaram

DCIT CENTRAL CIRCLE 7 (1) , MUMBAI vs. RAMRAO ADIK EDUC SOCIETY, MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

section 153C the assessee filed the return of income on 23.09.2018 declaring\ntotal income at Nil. The AO subsequently issued statutory notices which were duly\nserved on the assessee calling for various details. The AO while completing the\nassessment made additions towards:\ni. Addition towards unaccounted Capitation Fee based on statements recorded\nfrom Shri Sunil Gaikwad and Shri Dhakoji Dattaram

DCIT CENTRAL CIRCLE 7 (1) , MUMBAI vs. RAMRAO ADIK EDUC SOCIETY, MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

section 153C the assessee filed the return of income on 23.09.2018 declaring\ntotal income at Nil. The AO subsequently issued statutory notices which were duly\nserved on the assessee calling for various details. The AO while completing the\nassessment made additions towards:\ni. Addition towards unaccounted Capitation Fee based on statements recorded\nfrom Shri Sunil Gaikwad and Shri Dhakoji Dattaram

RAMRAO ADIK EDUCATION SOCIETY ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 7(1), MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

153C in assessee's\ncase. During the course of assessment proceedings the AO recorded statement\nunder oath under section 131(1) of the Act where Shri Sunil Gaikwad was cross\nexamined with regard to his answers during the statement recorded under section\n132(4). The following answers of the Shri Sunil Gaikwad are relevant with regard\nto the impugned issue

DCIT CENTRAL CIRCLE 7 (1) , MUMBAI vs. RAMRAO ADIK EDUC SOCIETY, MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

153C in assessee's\ncase. During the course of assessment proceedings the AO recorded statement\nunder oath under section 131(1) of the Act where Shri Sunil Gaikwad was cross\nexamined with regard to his answers during the statement recorded under section\n132(4). The following answers of the Shri Sunil Gaikwad are relevant with regard\nto the impugned issue

RAMRAO ADIK EDUCATION SOCIETY ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOMETAX CENTRAL CIRCLE 7(1), MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

153C in assessee's\ncase. During the course of assessment proceedings the AO recorded statement\nunder oath under section 131(1) of the Act where Shri Sunil Gaikwad was cross\nexamined with regard to his answers during the statement recorded under section\n132(4). The following answers of the Shri Sunil Gaikwad are relevant with regard\nto the impugned issue

DCIT CENTRAL CIRCLE 7 1, MUMBAI vs. RAMRAO ADIK EDUC SOCIETY, MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

Section 153C the assessee filed the return of income on 23.09.2018 declaring\ntotal income at Nil. The AO subsequently issued statutory notices which were duly\nserved on the assessee calling for various details. The AO while completing the\nassessment made additions towards:\ni. Addition towards unaccounted Capitation Fee based on statements recorded\nfrom Shri Sunil Gaikwad and Shri Dhakoji Dattaram

RAMRAO ADIK EDUCATION SOCIETY ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE 7(1), MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

section 153C the assessee filed the return of income on 23.09.2018 declaring\ntotal income at Nil. The AO subsequently issued statutory notices which were duly\nserved on the assessee calling for various details. The AO while completing the\nassessment made additions towards:\ni. Addition towards unaccounted Capitation Fee based on statements recorded\nfrom Shri Sunil Gaikwad and Shri Dhakoji Dattaram

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

GRASIM INDUSTRIES LTD,MUMBAI vs. DCIT CENT. CIR. - 1(4), MUMBAI

In the result, the appeals of the Revenue are dismissed

Bench: Shri Om Prakash Kant () & Shri Pavan Kumar Gadale ()

153C of the Act, the Assessing Officer again again questioned the assesseevide notice under section 142(1) dated 29/12//2015 ide notice under section 142(1) dated 29/12//2015, as ide notice under section 142(1) dated 29/12//2015 why the alleged professional fee of why the alleged professional fee of ₹10,53,83,193/ 193/-shown to have been