M/S. BIRLA EDUTECH LTD. ,MUMBAI vs. ITO WARD-3(1)(2), MUMBAI

In the result, the appeal of the assessee is allowed

disallowing set-off of carried forward unabsorbed depreciation by invoking the provisions of section 79 of the Act.” 3. Ground no. 3 is taken up first, being a legal issue, which challenges the jurisdiction of AO to have invoked the impugned action u/s 154 of the Income Tax Act, 1961 [hereinafter (“the Act”) (Rectification

INFORMED TECHNOLOGIES INDIA LTD,MUMBAI vs. DCIT 3(2), MUMBAI

Bench: Shri G.S. Pannu () & Shri Ravish Sood ()

rectification application of the assessee in the same terms as was so done by him w.r.t. the issue of disposal of a similar application u/s 154 pertaining to C/forward of ‘LTCL’, which had been discussed by us in Para 9 hereinabove. We have been informed by the Ld. A.R that the aforesaid application filed by the assessee u/s 154

INFORMED TECHNOLOGIES INDIA LTD,MUMBAI vs. DCIT 3(2), MUMBAI

Bench: Shri G.S. Pannu () & Shri Ravish Sood ()

rectification application of the assessee in the same terms as was so done by him w.r.t. the issue of disposal of a similar application u/s 154 pertaining to C/forward of ‘LTCL’, which had been discussed by us in Para 9 hereinabove. We have been informed by the Ld. A.R that the aforesaid application filed by the assessee u/s 154

PORTESCAP INDIA PRIVATE LIMITED,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 2(3)(1), MUMBAI

In the result, the appeal filed by the assessee is allowed in light of aforesaid directions

Bench: Shri Vikram Singh Yadav & Shri Sandeep Singh Karhailassessment Year : 2019-20 Portescap India Private Limited, The Deputy Commissioner Of Unit No. 101, Tower Ii, Income Tax, Seepz Sez, Vs. Circle-2(3)(1), Andheri East, Room No. 552, 5Th Floor, Seepz S.O., Aayakar Bhavan, Mumbai-400096. M.K.Road, Pan : Aaack4896K Mumbai-400020. (Appellant) (Respondent) For Assessee : Shri Pranay Gandhi A/W. Shri Lekh Mehta, For Revenue : Shri R.A. Dhyani, Cit-Dr Date Of Hearing : 17-02-2026 Date Of Pronouncement : 05-03-2026 O R D E R Per Vikram Singh Yadav, A.M :

disallowance of deduction claimed u/s. 10AA of the Act which has been made by the CPC, Bengaluru for the first time while passing the rectification order u/s. 154

SANJEEV S. MEHTA,MUMBAI vs. ITO, 22(3)(2), MUMBAI

The appeal of the assessee is partly allowed in terms of our aforesaid observations

Bench: Shri S.Rifuar Rahman () & Shri Ravish Sood () Mr. Sanjeev S. Mehta Ito - 22(3)(2) 704, Green Gates Perry Road, Vs. Piramal Chambers Bandra (West), Lalbagh, Mumbai – 400 050 Mumbai – 400 021 Pan No. Aagpm6845D (Assessee) (Revenue) Assessee By : Shri Hari Raheja, A.R Revenue By : Shri Sanjay J. Sethi, D.R Date Of Hearing : 05/08/2021 Date Of Pronouncement : 04/10/2021

Rectification u/s 154 the Assessing Officer has without Authority issued Notice u/s 148. 4. The Appellant craves to Leave, Add, Amend, Alter any of The above Grounds of Appeal at the time of hearing.” 2. Briefly stated, the assessee had filed his return of income for A.Y 2009-10 on 24.09.2009, declaring a total income of Rs.9,13,910/-. Original

UNION BANK OF INDIA,MUMBAI vs. DY CIT LTU-2, , MUMBAI

In the result, appeals filed by the assessee for assessment years 2009-10

Bench: Shri Vijay Pal Rao & Shri Gagan Goyal

disallowance is not coming under the realm for rectification of mistake u/s 154 and the AO order u/s 154 cannot

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4) , MUMBAI vs. M/S ESSEL MINNING & INDUSTRIES LTD, MUMBAI

In the result, the appeal filed by the Revenue is dismissed

Bench: Shri Kuldip Singh () & Shri Om Prakash Kant () Assessment Year: 2010-11 Dy. Cit Cc-1(4), M/S Essel Minning & 902, 9Th Floor, Pratishtha Industries Ltd., Vs. Bhavan, Old Cgo Bldg. 18Th Floor, Industry House, (Annexe), M.K. Road, 10, Cama Street, Mumbai-400020. Kolkata-700017. Pan No. Aaaci 1747 H Appellant Respondent Assessee By : Mr. Yogesh Thar/ Ms. Sukanya Jayaram/ Mr. Karan Jain, Ar Revenue By : Mrs. Somogyan Pal, Cit-Dr : Date Of Hearing 02/03/2023 Date Of Pronouncement : 18/04/2023 Order

rectification Order u/s. 154 of the Income Tax Act, 1961. der u/s. 154 of the Income Tax Act, 1961. The second contention of the assessce is that each and every The second contention of the assessce is that each and every The second contention of the assessce is that each and every claim referred in the SON were allowed after

CCI CHAMBERS CO-OP HSG SOC. LTD,MUMBAI vs. ITO 17(2)(1), MUMBAI

In the result, both the appeal

Bench: Shri Om Prakash Kant () & Shri Rahul Chaudhary ()

rectification u/s. 154, to the AO is legal and valid, a 154, to the AO is legal and valid, as it is a mistake apparent on s it is a mistake apparent on record. (iii) The learned CIT(A) and AO/CPC erred in confirming the denial (iii) The learned CIT(A) and AO/CPC erred in confirming the denial

CCI CHAMBERS CO-OP HSG SOC. LTD,MUMBAI vs. INCOME TAX OFFICER-17(2)(1), MUMBAI

In the result, both the appeal

Bench: Shri Om Prakash Kant () & Shri Rahul Chaudhary ()

rectification u/s. 154, to the AO is legal and valid, a 154, to the AO is legal and valid, as it is a mistake apparent on s it is a mistake apparent on record. (iii) The learned CIT(A) and AO/CPC erred in confirming the denial (iii) The learned CIT(A) and AO/CPC erred in confirming the denial

D.S.K. MADHUBAN (WING A&B ) CO -OP HOUSING SOCIETY LTD,MUMBAI vs. ITO 41(1)(1) , MUMBAI

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

Bench: Hon’Ble Shri Sandeep Gosain

disallowed the claim of the assessee u/s. 80P(2)(d) and has not assigned any reasons while processing the return of income u/s. 143(1) of the Act. Aggrieved, assessee filed an application u/s. 154 of the Act seeking rectification

D.S.K. MADHUBAN (WING A&B) CO-OP HOUSING SOCIETY LID,MUMBAI vs. ITO 41(1)(1), MUMBAI

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

Bench: Hon’Ble Shri Sandeep Gosain

disallowed the claim of the assessee u/s. 80P(2)(d) and has not assigned any reasons while processing the return of income u/s. 143(1) of the Act. Aggrieved, assessee filed an application u/s. 154 of the Act seeking rectification

RELIANCE INDUSTRIES LIMITED,MUMBAI vs. DCIT (LTU)-2, MUMBAI

In the result, this appeal by the assessee is partly allowed

Bench: Hon’Ble Justice P.P.Bhatt & Shri Shamim Yahya

rectification is being sought to be made with reference to the assessment order passed u/s.143(3) of the Act, which is dated 26/12/2011. As noted above, the intervening reopening was done for disallowance deduction for professional fee paid and computation for deduction u/s. 10B. Thereafter, vide order dated 23/04/2013 order u/s. 154

SILVERLINE COOPERATIVE HOUSING SOCIETY LTD,MUMBAI vs. INCOME TAX OFFICER, WARD-31(2)(1)

In the result, the appeals of the assessee are allowed

disallowing the claim of deduction u/s 80P(2)(d) of Rs. 1,62,710/- was issued on 03.03.2016. A rectification application u/s 154

EIGHT ROADS INVESTMENT ADVISORS PRIVATE LIMITED,MUMBAI vs. ASSISTANT DIRECTOR OF INCOME TAX, CENTRALIZED PROCESSING CENTRE , BENGALURU, BENGALURU

In the result, appeal of the assessee is allowed, as per our aforesaid

Bench: Shri Amit Shukla & Shri Arun Khodpiaआयकर अपील सं. / Ita No.2928/Mum/2025 "नधा"रण वष" / Assessment Year :2020-21 Eight Roads Investment Advisors Private Limited 16Th Floor, Plot No.82, Avighna House, Dr. Annie Besant Road, Worli, Mumbai-400 018 Pan: Aabcf1370N ........अपीलाथ" / Appellant बनाम / V/S. The Assistant Commissioner Of Income Tax/Cpc, Bengaluru ……""यथ" / Respondent

u/s. 154 of the Act, dated 24.09.2021 for the assessment year 2020-21 as per the following grounds of appeal: “Ground No. 1 On the facts and circumstances of the case and in law, learned Commissioner of Income-tax (Appeals), National Faceless Appeal Centre ('Ld.CIT(A)') has erred in dismissing the appeal by passing an ex-parte order under section

INTELENET GLOBAL SERVICES PRIVATE LIMITED ,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX 12(2), MUMBAI

The appeal of the assessee is partly allowed in terms of our aforesaid observations

Bench: Shri M. Balaganesh () & Shri Ravish Sood () M/S Intelenet Global Services Pvt. Acit – 12(2), 145, Aaykar Ltd; Intelenet Towers, Plot Cst No. Vs. Bhawan, Maharshi Karve Marg, 1406-A/28, Mindspace, Malad (W), Mumbai – 400 020 Mumbai – 400 090. Pan No. Aaaci7387P (Assessee) (Revenue) Assessee By : Shri S.K Tyagi, A.R Revenue By : Shri V. Sreekar, Cit D.R Date Of Hearing : 24/02/2021 Date Of Pronouncement : 24/05/2021

Disallowance u/s 68 32,21,48,679/- Total income as pr normal provisions 49,27,31,060/- Tax @33.99% 16,74,79,287/- Book Profit u/s 115JB 90,99,78,259/- Tax @10% 9,09,97,826/- 6. Aggrieved, the assessee assailed the order passed by the A.O under Sec. 154, dated 16.09.2017 before the CIT(A). It was submitted

INCOME TAX OFFICER-26(2)(1), MUMBAI vs. SAI PRERANA CO-OP CREDIT SOCIETY LTD., MUMBAI

In the result, appeals of the assessee and the Revenue are In the result, appeals of the assessee and the Revenue are In the result, appeals of the assessee and the Revenue are decided as under:

Bench: Shri Kuldip Singh () & Shri Om Prakash Kant () Ita Nos. 217, 220 & 221, 218 & 219, 215, 214/Mum/2023 Assessment Years: 2013-14, 2016-17, 2017-18, 2018-19, 2020-21 Sai Prerana Co-Op Credit Ito-17(3)(2), Society Ltd., Room No. 126, 1St Floor, Vs. 317, Puran Aasha Bldg, Gr. Fl. Kautilya Bhavan, C-41 To C- Narashi Natha Street, Katha 43, G Block Bandra Kurla Bazar Masjid Bunder (W), Complex, Bandra (East), Mumbai-400 009. Mumbai-400051. Pan No. Aadts 5638 M Appellant Respondent

disallowance of deduction u/s 80P was raised in appeal filed with relation to consequent 80P was raised in appeal filed with relation to consequent 80P was raised in appeal filed with relation to consequent rectification order. The ground The grounds of appeal of the assessee are of appeal of the assessee are accordingly dismissed. accordingly dismissed. 12. Now we take

SAI PRERNA CO-OP. CREDIT SOCIETY LTD,MUMBAI vs. ITO WD 17(3) (2) , MUMBAI

In the result, appeals of the assessee and the Revenue are In the result, appeals of the assessee and the Revenue are In the result, appeals of the assessee and the Revenue are decided as under:

Bench: Shri Kuldip Singh () & Shri Om Prakash Kant () Ita Nos. 217, 220 & 221, 218 & 219, 215, 214/Mum/2023 Assessment Years: 2013-14, 2016-17, 2017-18, 2018-19, 2020-21 Sai Prerana Co-Op Credit Ito-17(3)(2), Society Ltd., Room No. 126, 1St Floor, Vs. 317, Puran Aasha Bldg, Gr. Fl. Kautilya Bhavan, C-41 To C- Narashi Natha Street, Katha 43, G Block Bandra Kurla Bazar Masjid Bunder (W), Complex, Bandra (East), Mumbai-400 009. Mumbai-400051. Pan No. Aadts 5638 M Appellant Respondent

disallowance of deduction u/s 80P was raised in appeal filed with relation to consequent 80P was raised in appeal filed with relation to consequent 80P was raised in appeal filed with relation to consequent rectification order. The ground The grounds of appeal of the assessee are of appeal of the assessee are accordingly dismissed. accordingly dismissed. 12. Now we take

ITO-26(2)(1), MUMBAI vs. SAI PRERANA CO-OP CREDIT SOCIETY LTD, MUMBAI

In the result, appeals of the assessee and the Revenue are In the result, appeals of the assessee and the Revenue are In the result, appeals of the assessee and the Revenue are decided as under:

Bench: Shri Kuldip Singh () & Shri Om Prakash Kant () Ita Nos. 217, 220 & 221, 218 & 219, 215, 214/Mum/2023 Assessment Years: 2013-14, 2016-17, 2017-18, 2018-19, 2020-21 Sai Prerana Co-Op Credit Ito-17(3)(2), Society Ltd., Room No. 126, 1St Floor, Vs. 317, Puran Aasha Bldg, Gr. Fl. Kautilya Bhavan, C-41 To C- Narashi Natha Street, Katha 43, G Block Bandra Kurla Bazar Masjid Bunder (W), Complex, Bandra (East), Mumbai-400 009. Mumbai-400051. Pan No. Aadts 5638 M Appellant Respondent

disallowance of deduction u/s 80P was raised in appeal filed with relation to consequent 80P was raised in appeal filed with relation to consequent 80P was raised in appeal filed with relation to consequent rectification order. The ground The grounds of appeal of the assessee are of appeal of the assessee are accordingly dismissed. accordingly dismissed. 12. Now we take