BAJAJ ELECTRICALS LTD,MUMBAI vs. ADDL CIT 2(1), MUMBAI

Accordingly we remit the impugned issue back to the AO with similar directions. The grounds raised by the assessee in this regard are allowed for statistical purposes

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

63,290/-. Subsequently the assessee filed the revised return on 28.03.2013 declaring a total income of Rs. 221,78,42,097/-. The AO complete the assessment by making the following disallowance: (i) Disallowance under section

DCIT 2(1)(1), MUMBAI vs. BAJAJ ELECTRICALS LTD, MUMBAI

Accordingly we remit the impugned issue back to the AO with similar directions. The grounds raised by the assessee in this regard are allowed for statistical purposes

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

63,290/-. Subsequently the assessee filed the revised return on 28.03.2013 declaring a total income of Rs. 221,78,42,097/-. The AO complete the assessment by making the following disallowance: (i) Disallowance under section

BAJAJ ELECTRICALS LTD,MUMBAI vs. ADDL CIT 2(1), MUMBAI

Accordingly we remit the impugned issue back to the AO with similar directions. The grounds raised by the assessee in this regard are allowed for statistical purposes

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

63,290/-. Subsequently the assessee filed the revised return on 28.03.2013 declaring a total income of Rs. 221,78,42,097/-. The AO complete the assessment by making the following disallowance: (i) Disallowance under section

APL LOGISTICS (INDIA) P. LTD,MUMBAI vs. ACIT 10(1), MUMBAI

In the result, appeal of the assessee is partly allowed

Disallowance under section 14A r.w.r 8D. 3. Narrating the facts of the case, the ld. Counsel for the assessee submitted that the assessee is engaged in the business of International Supply Logistic Services. It’s activities include export of Cargo Consultation and Warehouse Management and other services in relation to import and export of Cargo. During the period relevant

APL LOGISTICS (INDIA) P.LTD,MUMBAI vs. ASST CIT 10(1), MUMBAI

In the result, appeal of the assessee is partly allowed

Disallowance under section 14A r.w.r 8D. 3. Narrating the facts of the case, the ld. Counsel for the assessee submitted that the assessee is engaged in the business of International Supply Logistic Services. It’s activities include export of Cargo Consultation and Warehouse Management and other services in relation to import and export of Cargo. During the period relevant

DCIT 10(1), MUMBAI vs. APL LOGISTICS (INDIA ) P.LTD, MUMBAI

In the result, appeal of the assessee is partly allowed

Disallowance under section 14A r.w.r 8D. 3. Narrating the facts of the case, the ld. Counsel for the assessee submitted that the assessee is engaged in the business of International Supply Logistic Services. It’s activities include export of Cargo Consultation and Warehouse Management and other services in relation to import and export of Cargo. During the period relevant

APL LOGISTICS (INDIA) P. LTD,MUMBAI vs. ASST CIT 10(1), MUMBAI

In the result, appeal of the assessee is partly allowed

Disallowance under section 14A r.w.r 8D. 3. Narrating the facts of the case, the ld. Counsel for the assessee submitted that the assessee is engaged in the business of International Supply Logistic Services. It’s activities include export of Cargo Consultation and Warehouse Management and other services in relation to import and export of Cargo. During the period relevant

DCIT 10(1), MUMBAI vs. APL LOGISTICS (INDIA) P. LTD, MUMBAI

In the result, appeal of the assessee is partly allowed

Disallowance under section 14A r.w.r 8D. 3. Narrating the facts of the case, the ld. Counsel for the assessee submitted that the assessee is engaged in the business of International Supply Logistic Services. It’s activities include export of Cargo Consultation and Warehouse Management and other services in relation to import and export of Cargo. During the period relevant

APL LOGISTICS P.LTD,MUMBAI vs. DCIT 14(1)(1), MUMBAI

In the result, appeal of the assessee is partly allowed

Disallowance under section 14A r.w.r 8D. 3. Narrating the facts of the case, the ld. Counsel for the assessee submitted that the assessee is engaged in the business of International Supply Logistic Services. It’s activities include export of Cargo Consultation and Warehouse Management and other services in relation to import and export of Cargo. During the period relevant

BAJAJ ELECTRICALS LTD,MUMBAI vs. ADDL CIT 2(1), MUMBAI

Accordingly we remit the impugned\nissue back to the AO with similar directions. The grounds raised by the assessee in\nthis regard are allowed for statistical purposes

63,290/-. Subsequently the assessee filed the\nrevised return on 28.03.2013 declaring a total income of Rs.221,78,42,097/-. The\nAO complete the assessment by making the following disallowance:\n(i) Disallowance under section

BAJAJ INTERNATIONAL REALTY PRIVATE LIMITED ,MUMBAI vs. DCIT, 1(2)1, MUMBAI

In the result both the appeals of the parties are partly allowed for In the result both the appeals of the parties are partly allowed for the statistical purposes

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

63,37,500/- under Section 43CA Section 43CA of the Act, regarding the difference between the sale consideration and the Act, regarding the difference between the sale consideration and the Act, regarding the difference between the sale consideration and the Stamp Duty Valuation (SDV). Stamp Duty Valuation (SDV). Secondly, the disallowance

BAJAJ INTERNATIONAL REALTY PRIVATE LIMITED ,MUMBAI vs. DCIT-1(2), MUMBAI

In the result both the appeals of the parties are partly allowed for In the result both the appeals of the parties are partly allowed for the statistical purposes

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

63,37,500/- under Section 43CA Section 43CA of the Act, regarding the difference between the sale consideration and the Act, regarding the difference between the sale consideration and the Act, regarding the difference between the sale consideration and the Stamp Duty Valuation (SDV). Stamp Duty Valuation (SDV). Secondly, the disallowance

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

Section 14A of the Act read with Rule 8D of the Income Tax Rules, 1962 (hereinafter referred to as ‘the Rules’) (b) addition of INR 226,48,84,020/- on account of disallowance of ESOP Expenses and (c) addition of INR 63

DCIT 4(1), MUMBAI vs. DEUTSCHE EQUITIES INDIA P.LTD, MUMBAI

Bench: SHRI B.R. BASKARAN, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

Disallowance of INR.98,30,093/- under Section 40(a)(ia) of the Act in respect of VSAT Expenses/Line Charges of INR.1,63

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

In the result appeal filed by the assessee for assessment

Bench: Shri Prashant Maharishi, Am & Ms Kavitha Rajagopal , Jm

section 28 of the Act, Revenue ought to have taxed the broken Period interest received but at the same time ought to have allowed deduction for the broken period interest paid. 21. As already noticed above, this decision of the Bombay High Court has found favour with the Supreme Court in Citibank NA (supra) where Supreme Court agreed with

DCIT 2(2), MUMBAI vs. STATE BANK OF INDIA, MUMBAI

In the result appeal filed by the assessee for assessment year 2006 – 07 and 2007 – 08 is partly allowed

Bench: Shri Prashant Maharishi, Am & Ms Kavitha Rajagopal , Jm A.Y.2006-07 [ By Assessee] &

section 260A of the Act, we are not inclined to disturb such a finding of fact, that too, when the legal position is very clear." 59) The honourable High Court has categorically held in paragraph number 24 -25 that the legal position is very ` clear on this issue. In view of the decision of honourable high court we also

DCIT 2(1)(1), MUMBAI vs. BAJAJ ELECTRICALS LTD, MUMBAI

Accordingly we remit the impugned\nissue back to the AO with similar directions. The grounds raised by the assessee in\nthis regard are allowed for statistical purposes

63,290/-. Subsequently the assessee filed the\nrevised return on 28.03.2013 declaring a total income of Rs.221,78,42,097/-. The\nAO complete the assessment by making the following disallowance:\n(i) Disallowance under section

MACROTECH DEVELOPRS LTD,MUMBAI vs. DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 7(3), MUMBAI

The appeal is allowed

Bench: Shri Prashant Maharishi, Am & Shri Pavan Kumar Gadale, Jm

disallowance under section 14 A of the income tax act of ₹ 54,199,690/– . The brief of the fact shows that during the year the assessee has earned exempt income of ₹ ITA Nos. 2266 & 2239/Mum/2022 Macrotech Developers Ltd; A.Ys. 17-18 & 18-19 8,303,761/–. Assessee disallowed the same sum under section 14 A of the act. The learned