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279 results for “depreciation”+ Survey u/s 133Aclear

Sorted by relevance

Mumbai279Delhi147Bangalore93Chennai48Jaipur44Hyderabad35Chandigarh33Kolkata30Ahmedabad29Visakhapatnam15Raipur15Lucknow13Rajkot13Indore11Pune11Jodhpur11Guwahati10Surat8Varanasi5Cochin5Amritsar4Ranchi4Nagpur3Karnataka2Agra2Panaji2SC2Allahabad1Dehradun1Telangana1Cuttack1Patna1

Key Topics

Section 143(3)99Addition to Income82Section 13253Section 153A51Section 14749Disallowance49Section 14847Depreciation40Section 69C37Survey u/s 133A

DCIT CIR 1(4) , MUMBAI vs. ANANDILAL & GANESH PODAR SOCIETY, MUMBAI

In the result, all the appeals of the revenue are dismissed

ITA 1792/MUM/2021[2016-17]Status: DisposedITAT Mumbai10 Mar 2023AY 2016-17

Bench: Shri Aby T. Varkey, Hon'Ble & Shri S. Rifaur Rahman, Hon'Ble

Section 147

survey proceedings has evidentiary value. In this regard, on perusal of the said decision, we find that the Hon’ble Jurisdictional High Court had the following question before it: - (A) Whether in the present facts and circumstances of the case and in law, the Tribunal erred in relying on the statement under Section 133A of the Act, recorded on oath

DCIT CIR 1(4) , MUMBAI vs. ANANDILAL & GANESH PODAR SOCIETY, MUMBAI

In the result, all the appeals of the revenue are dismissed

ITA 1791/MUM/2021[2014-15]Status: DisposedITAT Mumbai10 Mar 2023AY 2014-15

Bench: Shri Aby T. Varkey, Hon'Ble & Shri S. Rifaur Rahman, Hon'Ble

Showing 1–20 of 279 · Page 1 of 14

...
36
Reopening of Assessment34
Section 133A33
Section 147

survey proceedings has evidentiary value. In this regard, on perusal of the said decision, we find that the Hon’ble Jurisdictional High Court had the following question before it: - (A) Whether in the present facts and circumstances of the case and in law, the Tribunal erred in relying on the statement under Section 133A of the Act, recorded on oath

DCIT CIR 1(4) , MUMBAI vs. ANANDILAL & GANESH PODAR SOCIETY, MUMBAI

In the result, all the appeals of the revenue are dismissed

ITA 1790/MUM/2021[2015-16]Status: DisposedITAT Mumbai10 Mar 2023AY 2015-16

Bench: Shri Aby T. Varkey, Hon'Ble & Shri S. Rifaur Rahman, Hon'Ble

Section 147

survey proceedings has evidentiary value. In this regard, on perusal of the said decision, we find that the Hon’ble Jurisdictional High Court had the following question before it: - (A) Whether in the present facts and circumstances of the case and in law, the Tribunal erred in relying on the statement under Section 133A of the Act, recorded on oath

J.V. CHEM (INDIA),MUMBAI vs. ITO 22(1)2, NAVI MUMBAI

In the result , both the appeals filed by the assessee and revenue are partly allowed, as indicated above

ITA 3786/MUM/2011[2007-08]Status: DisposedITAT Mumbai24 Jun 2019AY 2007-08

Bench: Shri Pawan Singh & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No.3786/Mum/2011 (नििाारण वर्ा / Assessment Year: 2007-08) बिाम/ J.V. Chem (India), Ito 22(1)(2), 4T H Floor, Tower 6, B-1, Neelkanth Chhaya, Vashi Rly. Station R.B. Mehta Marg, V. Building, Ghatkopar East, Vashi, Mumbai- 400077 Navi Mumbai स्थायी ऱेखा सं./ Pan :Aabfj4268L आयकर अपीऱ सं./I.T.A. No.3763/Mum/2011 (नििाारण वर्ा / Assessment Year: 2007-08) Ito 22(1)(2), बिाम/ J.V. Chem (India), 4T H Floor, Tower 6, B-1, Neelkanth Chhaya, Vashi Rly. Station Building, R.B. Mehta Marg, V. Vashi, Ghatkopar East, Navi Mumbai Mumbai-400077 स्थायी ऱेखा सं./ Pan : Aabfj4268L (अपीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

For Respondent: Shri. Rajeev Gubgotra (DR)
Section 143(3)Section 145Section 40Section 41

133A, 15 person came at the office premises (a tiny space of l80sq feet) for making the survey, consisting of ITO’s/ADC1T and staff of 1TO. The search commenced in afternoon and was completed in early morning to next day. During the survey operation all record of assessee was mixed in a very small place and there was a total

ITO 22(1)-2, NAVI MUMBAI vs. J V CHEM (INDIA), MUMBAI

In the result , both the appeals filed by the assessee and revenue are partly allowed, as indicated above

ITA 3763/MUM/2011[2007-08]Status: DisposedITAT Mumbai24 Jun 2019AY 2007-08

Bench: Shri Pawan Singh & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No.3786/Mum/2011 (नििाारण वर्ा / Assessment Year: 2007-08) बिाम/ J.V. Chem (India), Ito 22(1)(2), 4T H Floor, Tower 6, B-1, Neelkanth Chhaya, Vashi Rly. Station R.B. Mehta Marg, V. Building, Ghatkopar East, Vashi, Mumbai- 400077 Navi Mumbai स्थायी ऱेखा सं./ Pan :Aabfj4268L आयकर अपीऱ सं./I.T.A. No.3763/Mum/2011 (नििाारण वर्ा / Assessment Year: 2007-08) Ito 22(1)(2), बिाम/ J.V. Chem (India), 4T H Floor, Tower 6, B-1, Neelkanth Chhaya, Vashi Rly. Station Building, R.B. Mehta Marg, V. Vashi, Ghatkopar East, Navi Mumbai Mumbai-400077 स्थायी ऱेखा सं./ Pan : Aabfj4268L (अपीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

For Respondent: Shri. Rajeev Gubgotra (DR)
Section 143(3)Section 145Section 40Section 41

133A, 15 person came at the office premises (a tiny space of l80sq feet) for making the survey, consisting of ITO’s/ADC1T and staff of 1TO. The search commenced in afternoon and was completed in early morning to next day. During the survey operation all record of assessee was mixed in a very small place and there was a total

MANTOR CAPITAL LTD,MUMBAI vs. ASST CIT CEN CIR 22, MUMBAI

In the result, appeals of the assessee are allowed in part, in terms indicated hereinabove, whereas appeal of the Revenue is dismissed

ITA 196/MUM/2015[2011-12]Status: DisposedITAT Mumbai03 Aug 2016AY 2011-12

Bench: Shri R.C. Sharma & Shri Sandeep Gosainआमकय अऩीर सं./Ita Nos.7408/M/2014 (निर्धारण वषा / Assessment Year: 2010-11) Acit Cc 3(3) Vs. Mentor Capital Ltd. 713 Raheja Centre Free Press Mumbai – 4000020 Journal Rd. Nariman Pt. Mumbai-400021 स्थामी रेखा सं./ जीआइआय सं./ Pan/Gir No. : Aaccp7995G (अऩीराथी /Appellant) (प्रत्मथी / Respondent) .. & आमकय अऩीर सं./ Ita Nos. 194 To 196/M/2015 & 7512/M/2014 (निर्धारण वषा / Assessment Year: 2008-2009 To 2011-2012) Vs. Acit, Mentor Capital Ltd. 713 Raheja Centre Free Cc -22 Press Journal Rd. Mumbai – 4000020 Nariman Pt. Mumbai- 400021 स्थामी रेखा सं./ जीआइआय सं./ Pan/Gir No. : Aaccp7995G (अऩीराथी /Appellant) (प्रत्मथी / Respondent) .. याजस्व की ओर से /Revenue By : Shri N.P. Singh, Cit Dr ननधाारयती की ओर से /Assessee By : Mr. N. R. Suresh, Ar सुनवाई की तायीख / Date Of Hearing : 25/07/2016 घोषणा की तायीख/Date Of Pronouncement 03/08/2016 आदेश / O R D E R Per R.C.Sharma (A.M): These Are The Cross Appeals Filed By The Revenue Against The Order Of Cit(A)-Mumbai, For The A.Y.2010-2011 & The Appeals Filed By Assessee For Assessment Years 2008-2009 To 2011-2012, In The Matter Order Passed U/S 143(3)/143(3) R.W.S.147 Of The I.T. Act.

For Appellant: Mr. N. R. Suresh, ARFor Respondent: Shri N.P. Singh, CIT DR
Section 133Section 133ASection 143(3)Section 14ASection 3

133A and a confession statement has, no doubt been taken admitting income of Rs.11.45 Crores towards Share Capital receipts. However, the confession statement alone cannot be the basis and the Assessing Officer should have gathered enough materials to substantiate that the subscribers are not genuine or the money received are not properly explained. In the case of the assesse, during

MANTOR CAPITAL LTD,MUMBAI vs. ASST CIT CEN CIR 22, MUMBAI

In the result, appeals of the assessee are allowed in part, in terms indicated hereinabove, whereas appeal of the Revenue is dismissed

ITA 195/MUM/2015[2009-10]Status: DisposedITAT Mumbai03 Aug 2016AY 2009-10

Bench: Shri R.C. Sharma & Shri Sandeep Gosainआमकय अऩीर सं./Ita Nos.7408/M/2014 (निर्धारण वषा / Assessment Year: 2010-11) Acit Cc 3(3) Vs. Mentor Capital Ltd. 713 Raheja Centre Free Press Mumbai – 4000020 Journal Rd. Nariman Pt. Mumbai-400021 स्थामी रेखा सं./ जीआइआय सं./ Pan/Gir No. : Aaccp7995G (अऩीराथी /Appellant) (प्रत्मथी / Respondent) .. & आमकय अऩीर सं./ Ita Nos. 194 To 196/M/2015 & 7512/M/2014 (निर्धारण वषा / Assessment Year: 2008-2009 To 2011-2012) Vs. Acit, Mentor Capital Ltd. 713 Raheja Centre Free Cc -22 Press Journal Rd. Mumbai – 4000020 Nariman Pt. Mumbai- 400021 स्थामी रेखा सं./ जीआइआय सं./ Pan/Gir No. : Aaccp7995G (अऩीराथी /Appellant) (प्रत्मथी / Respondent) .. याजस्व की ओर से /Revenue By : Shri N.P. Singh, Cit Dr ननधाारयती की ओर से /Assessee By : Mr. N. R. Suresh, Ar सुनवाई की तायीख / Date Of Hearing : 25/07/2016 घोषणा की तायीख/Date Of Pronouncement 03/08/2016 आदेश / O R D E R Per R.C.Sharma (A.M): These Are The Cross Appeals Filed By The Revenue Against The Order Of Cit(A)-Mumbai, For The A.Y.2010-2011 & The Appeals Filed By Assessee For Assessment Years 2008-2009 To 2011-2012, In The Matter Order Passed U/S 143(3)/143(3) R.W.S.147 Of The I.T. Act.

For Appellant: Mr. N. R. Suresh, ARFor Respondent: Shri N.P. Singh, CIT DR
Section 133Section 133ASection 143(3)Section 14ASection 3

133A and a confession statement has, no doubt been taken admitting income of Rs.11.45 Crores towards Share Capital receipts. However, the confession statement alone cannot be the basis and the Assessing Officer should have gathered enough materials to substantiate that the subscribers are not genuine or the money received are not properly explained. In the case of the assesse, during

MANTOR CAPITAL LTD,MUMBAI vs. ASST CIT CEN CIR 22, MUMBAI

In the result, appeals of the assessee are allowed in part, in terms indicated hereinabove, whereas appeal of the Revenue is dismissed

ITA 194/MUM/2015[2008-09]Status: DisposedITAT Mumbai03 Aug 2016AY 2008-09

Bench: Shri R.C. Sharma & Shri Sandeep Gosainआमकय अऩीर सं./Ita Nos.7408/M/2014 (निर्धारण वषा / Assessment Year: 2010-11) Acit Cc 3(3) Vs. Mentor Capital Ltd. 713 Raheja Centre Free Press Mumbai – 4000020 Journal Rd. Nariman Pt. Mumbai-400021 स्थामी रेखा सं./ जीआइआय सं./ Pan/Gir No. : Aaccp7995G (अऩीराथी /Appellant) (प्रत्मथी / Respondent) .. & आमकय अऩीर सं./ Ita Nos. 194 To 196/M/2015 & 7512/M/2014 (निर्धारण वषा / Assessment Year: 2008-2009 To 2011-2012) Vs. Acit, Mentor Capital Ltd. 713 Raheja Centre Free Cc -22 Press Journal Rd. Mumbai – 4000020 Nariman Pt. Mumbai- 400021 स्थामी रेखा सं./ जीआइआय सं./ Pan/Gir No. : Aaccp7995G (अऩीराथी /Appellant) (प्रत्मथी / Respondent) .. याजस्व की ओर से /Revenue By : Shri N.P. Singh, Cit Dr ननधाारयती की ओर से /Assessee By : Mr. N. R. Suresh, Ar सुनवाई की तायीख / Date Of Hearing : 25/07/2016 घोषणा की तायीख/Date Of Pronouncement 03/08/2016 आदेश / O R D E R Per R.C.Sharma (A.M): These Are The Cross Appeals Filed By The Revenue Against The Order Of Cit(A)-Mumbai, For The A.Y.2010-2011 & The Appeals Filed By Assessee For Assessment Years 2008-2009 To 2011-2012, In The Matter Order Passed U/S 143(3)/143(3) R.W.S.147 Of The I.T. Act.

For Appellant: Mr. N. R. Suresh, ARFor Respondent: Shri N.P. Singh, CIT DR
Section 133Section 133ASection 143(3)Section 14ASection 3

133A and a confession statement has, no doubt been taken admitting income of Rs.11.45 Crores towards Share Capital receipts. However, the confession statement alone cannot be the basis and the Assessing Officer should have gathered enough materials to substantiate that the subscribers are not genuine or the money received are not properly explained. In the case of the assesse, during

MENTOR CAPITAL LTD,MUMBAI vs. DCIT CEN CIR 22, MUMBAI

In the result, appeals of the assessee are allowed in part, in terms indicated hereinabove, whereas appeal of the Revenue is dismissed

ITA 7512/MUM/2014[2010-11]Status: DisposedITAT Mumbai03 Aug 2016AY 2010-11

Bench: Shri R.C. Sharma & Shri Sandeep Gosainआमकय अऩीर सं./Ita Nos.7408/M/2014 (निर्धारण वषा / Assessment Year: 2010-11) Acit Cc 3(3) Vs. Mentor Capital Ltd. 713 Raheja Centre Free Press Mumbai – 4000020 Journal Rd. Nariman Pt. Mumbai-400021 स्थामी रेखा सं./ जीआइआय सं./ Pan/Gir No. : Aaccp7995G (अऩीराथी /Appellant) (प्रत्मथी / Respondent) .. & आमकय अऩीर सं./ Ita Nos. 194 To 196/M/2015 & 7512/M/2014 (निर्धारण वषा / Assessment Year: 2008-2009 To 2011-2012) Vs. Acit, Mentor Capital Ltd. 713 Raheja Centre Free Cc -22 Press Journal Rd. Mumbai – 4000020 Nariman Pt. Mumbai- 400021 स्थामी रेखा सं./ जीआइआय सं./ Pan/Gir No. : Aaccp7995G (अऩीराथी /Appellant) (प्रत्मथी / Respondent) .. याजस्व की ओर से /Revenue By : Shri N.P. Singh, Cit Dr ननधाारयती की ओर से /Assessee By : Mr. N. R. Suresh, Ar सुनवाई की तायीख / Date Of Hearing : 25/07/2016 घोषणा की तायीख/Date Of Pronouncement 03/08/2016 आदेश / O R D E R Per R.C.Sharma (A.M): These Are The Cross Appeals Filed By The Revenue Against The Order Of Cit(A)-Mumbai, For The A.Y.2010-2011 & The Appeals Filed By Assessee For Assessment Years 2008-2009 To 2011-2012, In The Matter Order Passed U/S 143(3)/143(3) R.W.S.147 Of The I.T. Act.

For Appellant: Mr. N. R. Suresh, ARFor Respondent: Shri N.P. Singh, CIT DR
Section 133Section 133ASection 143(3)Section 14ASection 3

133A and a confession statement has, no doubt been taken admitting income of Rs.11.45 Crores towards Share Capital receipts. However, the confession statement alone cannot be the basis and the Assessing Officer should have gathered enough materials to substantiate that the subscribers are not genuine or the money received are not properly explained. In the case of the assesse, during

ACIT CC 3(3) CEN RG 3, MUMBAI vs. MENTOR CAPITAL LTD, MUMBAI

In the result, appeals of the assessee are allowed in part, in terms indicated hereinabove, whereas appeal of the Revenue is dismissed

ITA 7408/MUM/2014[2010-11]Status: DisposedITAT Mumbai03 Aug 2016AY 2010-11

Bench: Shri R.C. Sharma & Shri Sandeep Gosainआमकय अऩीर सं./Ita Nos.7408/M/2014 (निर्धारण वषा / Assessment Year: 2010-11) Acit Cc 3(3) Vs. Mentor Capital Ltd. 713 Raheja Centre Free Press Mumbai – 4000020 Journal Rd. Nariman Pt. Mumbai-400021 स्थामी रेखा सं./ जीआइआय सं./ Pan/Gir No. : Aaccp7995G (अऩीराथी /Appellant) (प्रत्मथी / Respondent) .. & आमकय अऩीर सं./ Ita Nos. 194 To 196/M/2015 & 7512/M/2014 (निर्धारण वषा / Assessment Year: 2008-2009 To 2011-2012) Vs. Acit, Mentor Capital Ltd. 713 Raheja Centre Free Cc -22 Press Journal Rd. Mumbai – 4000020 Nariman Pt. Mumbai- 400021 स्थामी रेखा सं./ जीआइआय सं./ Pan/Gir No. : Aaccp7995G (अऩीराथी /Appellant) (प्रत्मथी / Respondent) .. याजस्व की ओर से /Revenue By : Shri N.P. Singh, Cit Dr ननधाारयती की ओर से /Assessee By : Mr. N. R. Suresh, Ar सुनवाई की तायीख / Date Of Hearing : 25/07/2016 घोषणा की तायीख/Date Of Pronouncement 03/08/2016 आदेश / O R D E R Per R.C.Sharma (A.M): These Are The Cross Appeals Filed By The Revenue Against The Order Of Cit(A)-Mumbai, For The A.Y.2010-2011 & The Appeals Filed By Assessee For Assessment Years 2008-2009 To 2011-2012, In The Matter Order Passed U/S 143(3)/143(3) R.W.S.147 Of The I.T. Act.

For Appellant: Mr. N. R. Suresh, ARFor Respondent: Shri N.P. Singh, CIT DR
Section 133Section 133ASection 143(3)Section 14ASection 3

133A and a confession statement has, no doubt been taken admitting income of Rs.11.45 Crores towards Share Capital receipts. However, the confession statement alone cannot be the basis and the Assessing Officer should have gathered enough materials to substantiate that the subscribers are not genuine or the money received are not properly explained. In the case of the assesse, during

D G LAND DEVELOPERS PRIVATE LIMITED,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE -4(4), MUMBAI, MUMBAI

In the result, both the appeals are allowed for statistical

ITA 408/MUM/2024[2014-15]Status: DisposedITAT Mumbai22 Aug 2024AY 2014-15

Bench: Shri Om Prakash Kant () & Shri Sunil Kumar Singh () Assessment Year: 2014-15 D G Land Developers Pvt. Ltd., Acit, Central Circle-4(4), 104/105 Raghunath Kripa Building, Room No. 1922, 19Th Floor, Aarey Road, Goregaon East, Vs. Air India Building, Mumbai-400063. Nariman Point, Mumbai-400021. Pan No. Aaecd 4091 M Appellant Respondent Assessment Year: 2015-16 D G Land Developers Pvt. Ltd., Dy. Cit-12(2)(1), Now Dy. 104/105 Raghunath Kripa Building, Cit Central Circle-4(4), Aarey Road, Goregaon East, Vs. Room No. 1922, 19Th Floor, Mumbai-400063. Air India Building, Nariman Point, Mumbai-400021. Pan No. Aaecd 4091 M Appellant Respondent

For Appellant: Mr. Sanjeev Mehta a/w SaurabhFor Respondent: 31/07/2024
Section 132Section 133ASection 143(3)Section 153C

survey u/s. 133A for the assessment u/s. 153C is not permissible under 133A for the assessment u/s. 153C is not permissible under 133A for the assessment u/s. 153C is not permissible under law 5. The Ld. CIT(A) erred in upholding the action of Ld. AO in Rs. The Ld. CIT(A) erred in upholding the action

DCIT 5(2), MUMBAI vs. LAHOTI OVERSEAS LTD, MUMBAI

In the result, appeal of the assessee company in ITA

ITA 3812/MUM/2012[2003-04]Status: DisposedITAT Mumbai30 Mar 2016AY 2003-04

Bench: Shri Amit Shukla & Shri Ramit Kocharआयकर अपील सं./I.T.A. No. 3812/Mum/2012 ("नधा"रण वष" / Assessment Year : 2003-04) Dy. Commissioner Of Income M/S Lahoti Overseas Ltd., बनाम/ Tax , 5(2),Room No. 571, 307, Arun Chambers, V. 5 Th Floor, Tardeo Road, Tardeo, Aayakar Bhavan, Mumbai - 400034. M.K. Road, Mumbai – 400 020. "थायी लेखा सं./Pan : Aaacl2578 H .. (अपीलाथ" /Appellant) (""यथ" / Respondent)

For Appellant: Shri Yogesh TharFor Respondent: Shri Ganesh Bare (Sr.DR)
Section 133ASection 143(3)Section 147Section 148Section 151(1)

depreciation amounting to Rs.1.86 crores on the windmill without appreciating that during the survey action u/s. 133A of the I.T. Act, it was clearly

DCIT CC 4(4), MUMBAI, MUMBAI vs. SANMAN TRADE IMPEX LIMITED, MUMBAI

In the result, appeals of the Revenue are dismissed dismissed whereas appeals of the assessee are partly allowed appeals of the assessee are partly allowed

ITA 3603/MUM/2023[2016-17]Status: DisposedITAT Mumbai24 Jul 2024AY 2016-17

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail ()

For Appellant: Dr. Kishor Dhule, CIT-DRFor Respondent: Mr. Rakesh Joshi
Section 143(3)Section 69C

u/s 143 r.w.s. 153A Total income Assessed u/s 143 r.w.s. 153A 28097990 28097990 vide order dated 29.12.2017 vide order dated 29.12.2017 16,16,00,000 Add: Disallowance of expenses related to Add: Disallowance of expenses related to 16,16,00,000 amortization of Goodwill (as discussed amortization of Goodwill (as discussed above) Add: Disallowance of exemption claimed u/s Add: Disallowance

DCIT CC 4 (4), MUMBAI, MUMBAI vs. SANMAN TRADE IMPEX LIMITED, MUMBAI

In the result, appeals of the Revenue are dismissed dismissed whereas appeals of the assessee are partly allowed appeals of the assessee are partly allowed

ITA 3605/MUM/2023[2015-16]Status: DisposedITAT Mumbai24 Jul 2024AY 2015-16

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail ()

For Appellant: Dr. Kishor Dhule, CIT-DRFor Respondent: Mr. Rakesh Joshi
Section 143(3)Section 69C

u/s 143 r.w.s. 153A Total income Assessed u/s 143 r.w.s. 153A 28097990 28097990 vide order dated 29.12.2017 vide order dated 29.12.2017 16,16,00,000 Add: Disallowance of expenses related to Add: Disallowance of expenses related to 16,16,00,000 amortization of Goodwill (as discussed amortization of Goodwill (as discussed above) Add: Disallowance of exemption claimed u/s Add: Disallowance

SANMAN TRADE IMPEX LIMITED,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX- CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

In the result, appeals of the Revenue are dismissed dismissed whereas appeals of the assessee are partly allowed appeals of the assessee are partly allowed

ITA 3470/MUM/2023[2021-22]Status: DisposedITAT Mumbai24 Jul 2024AY 2021-22

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail ()

For Appellant: Dr. Kishor Dhule, CIT-DRFor Respondent: Mr. Rakesh Joshi
Section 143(3)Section 69C

u/s 143 r.w.s. 153A Total income Assessed u/s 143 r.w.s. 153A 28097990 28097990 vide order dated 29.12.2017 vide order dated 29.12.2017 16,16,00,000 Add: Disallowance of expenses related to Add: Disallowance of expenses related to 16,16,00,000 amortization of Goodwill (as discussed amortization of Goodwill (as discussed above) Add: Disallowance of exemption claimed u/s Add: Disallowance

DCIT CC 4 (4), MUMBAI, MUMBAI vs. SANMAN TRADE IMPEX LIMITED, MUMBAI

In the result, appeals of the Revenue are dismissed dismissed whereas appeals of the assessee are partly allowed appeals of the assessee are partly allowed

ITA 3606/MUM/2023[2014-15]Status: DisposedITAT Mumbai24 Jul 2024AY 2014-15

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail ()

For Appellant: Dr. Kishor Dhule, CIT-DRFor Respondent: Mr. Rakesh Joshi
Section 143(3)Section 69C

u/s 143 r.w.s. 153A Total income Assessed u/s 143 r.w.s. 153A 28097990 28097990 vide order dated 29.12.2017 vide order dated 29.12.2017 16,16,00,000 Add: Disallowance of expenses related to Add: Disallowance of expenses related to 16,16,00,000 amortization of Goodwill (as discussed amortization of Goodwill (as discussed above) Add: Disallowance of exemption claimed u/s Add: Disallowance

SANMAN TRADE IMPEX LIMITED,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX-CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

In the result, appeals of the Revenue are dismissed dismissed whereas appeals of the assessee are partly allowed appeals of the assessee are partly allowed

ITA 3474/MUM/2023[2015-16]Status: DisposedITAT Mumbai24 Jul 2024AY 2015-16

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail ()

For Appellant: Dr. Kishor Dhule, CIT-DRFor Respondent: Mr. Rakesh Joshi
Section 143(3)Section 69C

u/s 143 r.w.s. 153A Total income Assessed u/s 143 r.w.s. 153A 28097990 28097990 vide order dated 29.12.2017 vide order dated 29.12.2017 16,16,00,000 Add: Disallowance of expenses related to Add: Disallowance of expenses related to 16,16,00,000 amortization of Goodwill (as discussed amortization of Goodwill (as discussed above) Add: Disallowance of exemption claimed u/s Add: Disallowance

ASST CIT CIR 2, THANE vs. SALASAR DEVELOPERS, THANE

The appeals of the Revenue are dismissed

ITA 4511/MUM/2014[2004-05]Status: DisposedITAT Mumbai04 Apr 2017AY 2004-05

Bench: Shri Joginder Singh & Shri N.K. Pradhan

Section 132Section 132(3)Section 133ASection 143(3)Section 153A

133A was conducted in the case of assessee firm and no search, as contemplated u/s 132 of the Act, was ever conducted at the business premises of the firm nor any requisition was made u/s 132A, therefore, the jurisdiction assumed by the Assessing Officer u/s 153A of the Act was held to be null and void, supports the case

ASST CIT CIR 2, THANE vs. SALASAR DEVELOPERS, THANE

The appeals of the Revenue are dismissed

ITA 4513/MUM/2014[2006-07]Status: DisposedITAT Mumbai04 Apr 2017AY 2006-07

Bench: Shri Joginder Singh & Shri N.K. Pradhan

Section 132Section 132(3)Section 133ASection 143(3)Section 153A

133A was conducted in the case of assessee firm and no search, as contemplated u/s 132 of the Act, was ever conducted at the business premises of the firm nor any requisition was made u/s 132A, therefore, the jurisdiction assumed by the Assessing Officer u/s 153A of the Act was held to be null and void, supports the case

ASST CIT CIR 2, THANE vs. SALASAR DEVELOPERS, THANE

The appeals of the Revenue are dismissed

ITA 4512/MUM/2014[2005-06]Status: DisposedITAT Mumbai04 Apr 2017AY 2005-06

Bench: Shri Joginder Singh & Shri N.K. Pradhan

Section 132Section 132(3)Section 133ASection 143(3)Section 153A

133A was conducted in the case of assessee firm and no search, as contemplated u/s 132 of the Act, was ever conducted at the business premises of the firm nor any requisition was made u/s 132A, therefore, the jurisdiction assumed by the Assessing Officer u/s 153A of the Act was held to be null and void, supports the case