M/S G.L.CONSTRUCTION PVT LTD,MUMBAI vs. ACIT/NATIONAL FACE LESS APPEAL CENTRE, MUMBAI

In the result, the appeal of the assessee is partly allowed for In the result, the appeal of the assessee is partly allowed for In the result, the appeal of the assessee is partly allowed for stati...

Bench: Shri Om Prakash Kant () & Shri Pavan Kumar Gadale () Assessment Year: 2019-20 M/S G.L. Construction Pvt. Ltd, Acit/National Faceless 304, Gokul Arcade B, Subhash Appeal Centre, Road, Near Garware, Vs. 5Th Floor, Aayakar Bhavan, Vile Parle East, Churchgate, Mumbai-400057. Mumbai-400020. Pan No. Aaacg 3438 P Appellant Respondent Assessee By : Mr. N.R. Agrawal, Ar Revenue By : Smt. Sonia Kumar, Dr : Date Of Hearing 16/02/2023 : Date Of Pronouncement 23/02/2023

disallowance of Rs.12,71,250/- u/s 36(1)(va) of the Act u/s 36(1)(va) of the Act invoking section

DY..C.I.T., BANGALORE vs. M/S STATE BANK OF MYSORE, BANGALORE

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

section 250 of the Income Tax Act, 1961 (the Act) dated 27.02.2015 for Assessment Year (AY) 2011-12. The issues contended by the assessee and the revenue through various grounds are as under: Assessee's grounds Issues Ground Number Addition on account of recoveries made out of bad-debts written off but 1 not offered as income. Disallowance

STATE BANK OF MYSORE,BANGALORE vs. JCIT, BANGALORE

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

section 250 of the Income Tax Act, 1961 (the Act) dated 27.02.2015 for Assessment Year (AY) 2011-12. The issues contended by the assessee and the revenue through various grounds are as under: Assessee's grounds Issues Ground Number Addition on account of recoveries made out of bad-debts written off but 1 not offered as income. Disallowance

BRILLPHARMA PVT. LTD.,MUMBAI vs. ACIT, CPC,BANGALORE, BANGALORE

In the result, appeal by the assessee is allowed for statistical purpose

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

250 of the Income Tax Act, 1961 ("the Act") by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre [“learned CIT(A)”], for the assessment year 2019–20. 2. The appeal filed before us is delayed by 47 days. We find that the Hon'ble Supreme Court vide order dated 10.01.2022, in M.A. no.21 of Brillpharma

KETAN BROTHERS DIAMONDS EXPORTS ,MUMBAI vs. ACIT 23(2) /ACIT 23(1) , MUMBAI

In the result, appeal by the assessee is allowed for statistical purpose

Bench: Shri Om Prakash Kant & Shri Sandeep Singh Karhail

section 250 of the Income Tax Act, 1961 (“the Act”) by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre [”learned CIT(A)”], for the assessment year 2017 – 18. 2. The assessee, in the present appeal, has raised following grounds:– Ketan Brothers Diamondz Exports ITA No. 1627/Mum./2021 “1(a) Relief in respect of wrongful addition of Rs.32

AXIS CARRIERS AND LOGISTICS LTD,MUMBAI vs. DCIT , CPC, BANGALURU

In the result, appeal by the assessee is allowed

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

250 of the Income Tax Act, 1961 ("the Act") by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre [“learned CIT(A)”], for the assessment year 2017–18. Axis Carriers And Logistics Ltd. ITA No.619/Mum./2022 2. The first issue arising in present appeal is pertaining to disallowance of Rs.7,37,505, on account of alleged delay

M/S. OLIVE BAR & KITCHEN PVT. LTD,MUMBAI vs. ADIT CPC, BANGALORE

In the result, appeal by the assessee is allowed

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

250 of the Income Tax Act, 1961 ("the Act") by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre [“learned CIT(A)”], for the assessment year 2018–19. M/s. Olive Bar & Kitchen Pvt. Ltd. ITA No.240/Mum./2022 2. The only grievance of the assessee in the present appeal is against the disallowance of Rs.3,29,805, on account

CHANDRESH CABELS LTD,MUMBAI vs. ADIT CPC, MUMBAI

In the result, appeal by the assessee is allowed for statistical purpose

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

250 of the Income Tax Act, 1961 ("the Act") by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre [“learned CIT(A)”], for the assessment year 2019–20. Chandresh Cables Ltd. ITA No.418/Mum./2022 2. When the appeal was called for hearing, no one was present on behalf of the assessee to represent the case. There

SHRI TEJINDERSINGH S ANAND,MUMBAI vs. ADIT CPC, BANGALURU

In the result, appeal by the assessee is allowed

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

250 of the Income Tax Act, 1961 ("the Act") by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre [“learned CIT(A)”], for the assessment year 2019–20. 2. When the appeal was called for hearing, no one was present on behalf of the assessee to represent the case. There is no application Shri Tejindersingh S. Anand

BHARAT TIN WORKS,MUMBAI vs. DCIT -CPC, BANGALORE

In the result, appeal by the assessee is allowed

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

250 of the Income Tax Act, 1961 ("the Act") by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (“learned CIT(A)”), for the assessment year 2018–19. Bharat Tin Works ITA No.2235/Mum./2021 The only grievance of the assessee in the present appeal is 2. against the disallowance of Rs.12,30,544, on account of alleged delay

M/S. NATH INDUTRIES LTD,MUMBAI vs. A.CI.T. CIRCLE 1(3) (1) , MUMBAI

In the result, appeal by the assessee is allowed

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

1), Mumbai Assessee by : Shri N.R. Agarwal, C.A. Revenue by : Shri C.T. Mathews, Sr. A.R. Date of Hearing – 02.05.2022 Date of Order – 06/05/2022 O R D E R PER SANDEEP SINGH KARHAIL, J.M. The present appeal has been filed by the assessee challenging the impugned order dated 15.11.2021, passed under section 250 of the Income

MEGGER INDIA PVT. LTD,MUMBAI vs. THE DCIT CPC, BANGALORE

In the result, appeal by the assessee is allowed

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

250 of the Income Tax Act, 1961 ("the Act") by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre [“learned CIT(A)”], for the assessment year 2018–19. 2. The only grievance of the assessee in the present appeal is against the disallowance of Rs.4,27,424, on account of alleged delay in payment Megger India

M/S. MEREMMA BASAVARAJ BELLI,MUMBAI vs. ADIT,CPC, BENGALURE

In the result, appeal by the assessee is partly allowed

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

250 of the Income Tax Act, 1961 ("the Act") by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre [“learned CIT(A)”], for the assessment year 2018–19. 2. The appeal filed before us is delayed by 87 days. We find that the Hon'ble Supreme Court vide order dated 10.01.2022, in M.A. no.21 of M/s. Meremma Basavaraj

MUMBAI DISTRICT CENTRAL CO OP BANK LTD,MUMBAI vs. CIT, MUMBAI

In the result, appeal by the assessee is allowed

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

250 of the Income Tax Act, 1961 ("the Act") by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre [“learned CIT(A)”], for the assessment year 2018–19. 2. The appeal filed before us is delayed by 11 days. We find that the Hon'ble Supreme Court vide order dated 10.01.2022, in M.A. no.21 of Mumbai District Central

STATE BANK OF INDIA,MUMBAI vs. ADDL CIT RG 2(2), MUMBAI

In the result, the appeal of the assessee is partly allowed and the appeal of the Revenue is dismissed, as indicated above

Bench: Sri Mahavir Singh, Vp & Sri G Manjunatha, Am आयकर अपील सुं./ Ita No. 3644/Mum/2016 (ननर्ाारण वर्ा / Assessment Year 2008-09) State Bank Of India The Dy. Commissioner Of 3Rd Floor, Corporate Centre Income Tax, Circle -2(2)(1) बनाम/ Madam Cama Road Mumbai Vs. Nariman Point Mumbai-400021 (अपीलार्थी / Appellant) (प्रत्यर्थी/ Respondent) स्र्थायी लेखा सुं./Pan No. Aaacs8577K

disallowed the deduction claimed by the assessee on account of provision for pension. The CIT(A) upheld the decision of the AO. The assessee bank has claimed that the provision for pension made by it in its books of account is an accrued liability that should be allowed under section 37(1) of the Act. The assessee bank has also

DY. COMMISSIONER OF INCOME TAX CIRCLE - 3(3)(1), MUMBAI, MUMBAI vs. SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA, MUMBAI

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

section 250 of the Income Tax Act, 1961 (the Act) dated 26.06.2023 for (AY) 2014-15, dated 19.06.2023 for AY 2015-16 & 2016-17, dated 11.07.2023 for 2017-18 & 2018-19. The common issues contended by the assessee and revenue in all these appeals are listed as under: Revenue's Appeal – Issues contended (i) Learned Commissioner of come Tax (Appeals

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 3(3)(1),MUMBAI, MUMBAI

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

section 250 of the Income Tax Act, 1961 (the Act) dated 26.06.2023 for (AY) 2014-15, dated 19.06.2023 for AY 2015-16 & 2016-17, dated 11.07.2023 for 2017-18 & 2018-19. The common issues contended by the assessee and revenue in all these appeals are listed as under: Revenue's Appeal – Issues contended (i) Learned Commissioner of come Tax (Appeals

DY. COMMISSIONER OF INCOME TAX CIRCLE - 3(3)(1), MUMBAI , MUMBAI vs. SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA, MUMBAI

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

section 250 of the Income Tax Act, 1961 (the Act) dated 26.06.2023 for (AY) 2014-15, dated 19.06.2023 for AY 2015-16 & 2016-17, dated 11.07.2023 for 2017-18 & 2018-19. The common issues contended by the assessee and revenue in all these appeals are listed as under: Revenue's Appeal – Issues contended (i) Learned Commissioner of come Tax (Appeals

DY. COMMISSIONER OF INCOME TAX CIRCLE - 3(3)(1), MUMBAI, MUMBAI vs. SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA, MUMBAI

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

section 250 of the Income Tax Act, 1961 (the Act) dated 26.06.2023 for (AY) 2014-15, dated 19.06.2023 for AY 2015-16 & 2016-17, dated 11.07.2023 for 2017-18 & 2018-19. The common issues contended by the assessee and revenue in all these appeals are listed as under: Revenue's Appeal – Issues contended (i) Learned Commissioner of come Tax (Appeals