JCIT (OSD), CC-4(4), MUMBAI vs. M/S. SHRI RENUKAMATA MULTI-STATE COOPERATIVE URBAN CREDIT SOCIETY LTD., AHAMEDNAGAR

section 40A(3) of the Act.\nThe AO has made the disallowance under section 40A(3) of the Act also

M/S RENUKAMATA MULTI STATE CO-OP. URBAN CREDITN SOC. LTD.,MUMBAI vs. THE ASSTT. CIT, CC-4(4), MUMBAI

section 40A(3) of the Act.\nThe AO has made the disallowance under section 40A(3) of the Act also

IQBAL AHMAED KHALIL AHMED SUBEDAR,MUMBAI vs. ITO 22(1)(2), MUMBAI

In the result, the appeal of the assessee for the A

Bench: Shri C.N Prasad & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No. 2135/Mum/2013 (नििाारण वर्ा / Assessment Year : 2009-10 ) आयकर अपीऱ सं./I.T.A. No.4896/Mum/2015 (नििाारण वर्ा / Assessment Year : 2008-09)

disallowance has been confined to section 69C for AY 2008-09 instead of Section 40A(3) / 40A(3) as was earlier

IQBAL AHMED KHALILAMED SUBEDAR,MUMBAI vs. ITO 22(1)(2), NAVI MUMBAI

In the result, the appeal of the assessee for the A

Bench: Shri C.N Prasad & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No. 2135/Mum/2013 (नििाारण वर्ा / Assessment Year : 2009-10 ) आयकर अपीऱ सं./I.T.A. No.4896/Mum/2015 (नििाारण वर्ा / Assessment Year : 2008-09)

disallowance has been confined to section 69C for AY 2008-09 instead of Section 40A(3) / 40A(3) as was earlier

INTERNATIONAL SHIPS STORES SUPPLIERES,MUMBAI vs. JCIT RG 13(2), MUMBAI

In the result appeal of the assessee is dismissed

Bench: Shri G.S. Pannu() & Shri Ravish Sood () Assessment Year: 2009-10 International Ships Stores Suppliers Vs. Jcit, Range 13(2) 101, Navratan, 69 P.D. Mello Road Mumbai 1St Floor, Carnac Bunder, Mumbai Pan No. Aaafi0135Q (Appellant) (Respondent) Revenue By : Mr. Deepak Traslhawala Assessee By : Mr. Javed Akhtar Date Of Hearing : 25/07/2016 Date Of Pronouncement : 28/10/2016

Disallowance under section 40A(3) of the Act Rs. 13,11,455/- 2 Disallowance of loss on sale of fenders

PRAMOD RATAN PATIL,THANE vs. ASST CIT CIR 3, KALYAN

In the result, Appeal of Ld AO is dismissed, appeal of assessee is allowed partly

Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm Shri Pramod Ratan Patil Acit A–1, Chandresh Oasis, Lodha Circle–3, Kalyan, 2 Nd Floor, Heaven, Vs. Kalyan Shil Road, Dombivali (East), Rani Mansion, Murbad Road, Thane–421201 Kalyan West–421301 (Appellant) (Respondent) Pan No. Aadpp6274F Acit Shri Pramod Ratan Patil Circle–3, A–1, Chandresh Oasis, Lodha Kalyan, 2 Nd Floor, Heaven, Vs. Rani Mansion, Murbad Road, Kalyan Shil Road, Dombivali (East), Kalyan West–421301 Thane–421201 (Appellant) (Respondent) Assessee By : Mr. Satyaprakash Singh, Ar Revenue By : Mr. Nihar Ranjan Samal, Dr

Disallowance charges under by invoking section 37 the provisions of section 40 A (3) of Rs. 2,91,330/– 2 Hiring charges ₹ 6,302,742 Nil Enhancement under section 37 on account of cash payment under section 40A

ASST CIT 3, MUMBAI vs. PRAMOD RATAN PATIL, MUMBAI

In the result, Appeal of Ld AO is dismissed, appeal of assessee is allowed partly

Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm Shri Pramod Ratan Patil Acit A–1, Chandresh Oasis, Lodha Circle–3, Kalyan, 2 Nd Floor, Heaven, Vs. Kalyan Shil Road, Dombivali (East), Rani Mansion, Murbad Road, Thane–421201 Kalyan West–421301 (Appellant) (Respondent) Pan No. Aadpp6274F Acit Shri Pramod Ratan Patil Circle–3, A–1, Chandresh Oasis, Lodha Kalyan, 2 Nd Floor, Heaven, Vs. Rani Mansion, Murbad Road, Kalyan Shil Road, Dombivali (East), Kalyan West–421301 Thane–421201 (Appellant) (Respondent) Assessee By : Mr. Satyaprakash Singh, Ar Revenue By : Mr. Nihar Ranjan Samal, Dr

Disallowance charges under by invoking section 37 the provisions of section 40 A (3) of Rs. 2,91,330/– 2 Hiring charges ₹ 6,302,742 Nil Enhancement under section 37 on account of cash payment under section 40A

VILAS TRANSPORT COMPANY,MUMBAI vs. ITO 13(2)(1), MUMBAI

In the result, the assessee’s appeal for A

Bench: Shri Jason P. Boaz & Shri Sandeep Gosainm/S. Vilas Transport Company Income Tax Officer-13(2)(1) 103/104, Vyapar Bhavan Aayakar Bhavan, M.K. Road Vs. 49, P. D’Mello Road, Carnac Mumbai 400020 Bunder, Mumbai 400009 Pan - Aaafv0760G Appellant Respondent

section 40A(3) of I.T. Act, 1961 and since payments in cash exceeded Rs. 20,000/-, disallowance u/s 40A(3

JCIT (OSD), CC-4(4), MUMBAI vs. M/S. SHRI RENUKAMATA MULTI-STATE COOPERATIVE URBAN CREDIT SOCIETY LTD., AHAMEDNAGAR

Bench: Shri B.R. Baskaran & Shri Sandeep Singh Karhail

section 40A(3) of the Act. The AO has made the disallowance under section 40A(3) of the Act also

JCIT (OSD), CC-4(4), MUMBAI vs. M/S. SHRI RENUKAMATA MULTI-STATE COOPERATIVE URBAN CREDIT SOCIETY LTD., AHAMEDNAGAR

Bench: Shri B.R. Baskaran & Shri Sandeep Singh Karhail

section 40A(3) of the Act. The AO has made the disallowance under section 40A(3) of the Act also

M/S. RATILAL & SONS,MUMBAI vs. INCOME TAX OFFICER-17(3)(1), MUMBAI

In the result, appeal by the assessee is allowed

Bench: Shri Sandeep Singh Karhail & Shri Gagan Goyal

3) was wrongly invoked by the Revenue for disallowing remuneration paid to the Working Partner, which is within the permissible limits as per section 40(b) of the Act. 22. Therefore, in view of our aforesaid findings, the order passed by the learned CIT(A), affirming the disallowance made under section 40A

IINCOME TAX OFFICER -30(1)(1), MUMBAI, MUMBAI vs. VILAS TRANSPORT COMPANY, MUMBAI

In the result, the appeal of the Revenue is dismissed

Bench: Ms Kavitha Rajagopal, Jm & Ms Padmavathy S, Am

disallowance under section 40A(3) is warranted in assessee's case. Accordingly, the AO is directed the delete the disallowance

LATE SUNIL D GULATI,MUMBAI vs. COMMISSIONER OF INCOME TAX -CENTRAL CIRCLE-39 , MUMBAI

In the result, the appeals of the assessee for assessment year

Bench: Shri Om Prakash Kant () & Shri Rahul Chaudhary () Assessment Year: 2008-09 & Assessment Year: 2009-10 Late Sunil D Gulati, Cit-Central Circle 39, 603, Elco Residency, Almeda Room No. 1924, 19Th Floor, Vs. Park Behind Elco Market, Air India Building, Nariman Bandra (West), Point, Churchgate, Mumbai-400050. Mumbai-400020. Pan No. Aehpg 8703 R Appellant Respondent

section 40A(3) of the I.T.Act and has disallowed an amount of Rs.3,00,000/ of the I.T.Act and has disallowed

LATE SUNIL D GULATI,MUMBAI vs. COMMISSIONER OF INCOME TAX -CENTRAL CIRCLE-39, MUMBAI

In the result, the appeals of the assessee for assessment year

Bench: Shri Om Prakash Kant () & Shri Rahul Chaudhary () Assessment Year: 2008-09 & Assessment Year: 2009-10 Late Sunil D Gulati, Cit-Central Circle 39, 603, Elco Residency, Almeda Room No. 1924, 19Th Floor, Vs. Park Behind Elco Market, Air India Building, Nariman Bandra (West), Point, Churchgate, Mumbai-400050. Mumbai-400020. Pan No. Aehpg 8703 R Appellant Respondent

section 40A(3) of the I.T.Act and has disallowed an amount of Rs.3,00,000/ of the I.T.Act and has disallowed

DY. COMMISSIONER OF INCOME-TAX, MUMBAI vs. QUANTUM ADVISORS PVT. LTD., MUMBAI

In the result, the appeal of the Revenue is allowed

Bench: Shri Om Prakash Kant () & Shri Rahul Chaudhary () Assessment Year: 2015-16 Dcit-1(3)(1), M/S Quantum Advisors Pvt. Ltd., Room No. 535, 5Th Floor, 503, Regent Chambers, Nariman Vs. Aayakar Bhavan, Point, Mumbai-400021. M.K. Road, Mumbai-400020. Pan No. Aaacq 0281 C Appellant Respondent

3) of the Act for the assessment year 2012-13, wherein a portion of the marketing support fee paid to 13, wherein a portion of the marketing support fee paid to 13, wherein a portion of the marketing support fee paid to QIEF was disallowed by QIEF was disallowed by invoking section 40A

PRATAP UTTAM PUROHIT,MUMBAI vs. DCIT CIRCLE 41(1)(1), MUMBAI FORMALLY KNOWN AS ACIT 32(3), MUMBAI, MUMBAI

The appeal is partly allowed

Bench: Hon‟Ble Shri Vikram Singh Yadav & Hon‟Ble Shri Sandeep Gosainpratap Uttam Purohit Vs. Dcit, Circle 42(1)(1) 307, Jalaram Business Formerly Known As Centre, Ganjawala Lane Acit 32(3) Borivali (W), S.O Kautilya Bhawan Mumbai – 400092. Avenue 3, Near Videsh Bhavan,G Block Bkc Bandra East Mumbai – 400051. Pan/Gir No. Ahcpp6451F (Applicant) (Respondent) Assessee By Shri Bharat Kumar, Ca Revenue By Shri Chetan M. Kacha, Sr.Ar Date Of Hearing 23.04.2025 Date Of Pronouncement 16.06.2025 आदेश / Order Per Sandeep Gosain, Jm: The Present Appeal Has Been Filed By The Assessee Challenging The Impugned Order 29.01.2025 Passed U/S 250 Of The Income Tax Act, 1961 („The Act‟), By The National Faceless Appeal Centre, Delhi (Nfac) For The Assessment Year 2014-15. 2 Pratap Uttam Purohit., Mumbai

disallowance made by AO by invoking section 40A(3) r.w.r 6DD of the Act. 3. In this regard, Ld. AR appearing

DCIT-CC 5(2), MUMBAI vs. AXIOM CORDAGES LIMITED, MUMBAI

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

Bench: Shri B.R. Baskaran (Am) & Shri N.K. Choudhary (Jm)

disallowance under section 40A(3) of the Act, since the disallowance u/s 40A(3) of the Act could be made

D.C.I.T. CENT. CIR. - 7(2), MUMBAI vs. RAJAHMUNDHRY EXPRESSWAY LTD., MUMBAI

In the result, appeals are dismissed

Bench: Shri Saktijit Dey & Shri G. Manjunatha

3) accepting the disallowance made under section 14A of the Act. In the return of income filed in pursuance to the notice issued under section 154A of the Act, the assessee withdrew the disallowance made under section 14A of the Act. In our view, since the issue relating to assessee‟s claim of deduction under section