ASST CIT CC-22, MUMBAI vs. JAWAHAR PUROHIT, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

M. R. CONSTRUCTION,MUMBAI vs. ACIT CEN CIR 22, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

M.R. CONSTRUCTION,.,MUMBAI vs. ASST CIT CEN CIR 22, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

M.R. CONSTRUCTION,MUMBAI vs. ACIT CEN CIR 22,

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

ACIT CEN CIR 22, MUMBAI vs. M.R. CONSTRUCTION, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

DCIT CEN CIR 22, MUMBAI vs. M.R. CONSTRUCTION, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

ASST CIT CC-22, MUMBAI vs. JAWAHAR PUROHIT, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

DCIT CEN CIR 22, MUMBAI vs. M.R. CONSTRUCTION, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

M.R. CONSTRUCTION,.,MUMBAI vs. ASST CIT CEN CIR 22, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

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

section 133A on 16- 11-2009 may be seen in which he has stated that these bills are bogus and no transaction has taken place. 3. Sundry Page Page 31- 24,00,000 This amount Debtors No. No. 03- Is on 19,20 10, 2005 account of point amount b) of receivable 9.1 from debtor Shayona Corporation. Since the amount

INDIABULLAS HOUSING FINANCE LIMITED,MUMBAI vs. DCIT, CENTRAL CIRCLE-6(4), MUMBAI

1 raised by the Assessee pertains to disallowance under Section 14A of the Act. 6.1. The facts relevant to the adjudication of the issues for consideration are that during the assessment proceedings, the Assessing Officer noted that the Assessee has shown substantial investments in shares & mutual funds for the purpose of earning dividend income, long term capital gains and interest

CONCENTRIX SERVICES INDIA PRIVATE LIMITED (FORMERLY KNOWN AS MINACS PRIVATE LIMITED, MINACS LIMITED & ADITY BIRLA MINACS WORLDWIDE LIMITED ),MUMBAI vs. JOINT COMMISSIONER OF IT (OSD)10(2)(2)ASSISTANT COMMISSIONER OF INCOME TAX-9(2)(2), MUMBAI

Section 36(1)(iii) of the Act in respect of the interest and other expenses incurred for acquisition of shares of a subsidiary company. 23.1. Ground No. 2 raised by the Revenue in appeal for the Assessment Year 2012-13 is identical to Ground No. 2 raised in appeal for the Assessment Year 2011-12 which has been dismissed hereinabove

CONCENTRIX SERVICES INDIA PRIVATE LIMITED (FORMERLY KNOWN AS MINACS PRIVATE LIMITED, MINACS LIMITED & ADITY BIRLA MINACS WORLDWIDE LIMITED ),MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX-10(2)(2), MUMBAI

Section 36(1)(iii) of the Act in respect of the interest and other expenses incurred for acquisition of shares of a subsidiary company. 23.1. Ground No. 2 raised by the Revenue in appeal for the Assessment Year 2012-13 is identical to Ground No. 2 raised in appeal for the Assessment Year 2011-12 which has been dismissed hereinabove