THE PHOENIX MILLS LTD,MUMBAI vs. DCIT CEN CIR 47, MUMBAI

In the result, ground No.4 taken by assessee in assessment year

Bench: Shri R.C. Sharma (Am) & Shri Pawan Singh (Jm)

house property. Even as per the contract the assessee used to recovers the same as well from all its tenants as Amenities charges, which-is offered to tax under the head Service Charges and accordingly such expenses can also not be allocated to earning of rental income. 109. In addition to the above, after going through the entire terms

ASST CIT CC 8(4), MUMBAI vs. PHOENIX MILLS LTD, MUMBAI

In the result, ground No.4 taken by assessee in assessment year

Bench: Shri R.C. Sharma (Am) & Shri Pawan Singh (Jm)

house property. Even as per the contract the assessee used to recovers the same as well from all its tenants as Amenities charges, which-is offered to tax under the head Service Charges and accordingly such expenses can also not be allocated to earning of rental income. 109. In addition to the above, after going through the entire terms

THE PHOENIX MILLS LTD,MUMBAI vs. ASST CIT CEN CIR 47, MUMBAI

In the result, ground No.4 taken by assessee in assessment year

Bench: Shri R.C. Sharma (Am) & Shri Pawan Singh (Jm)

house property. Even as per the contract the assessee used to recovers the same as well from all its tenants as Amenities charges, which-is offered to tax under the head Service Charges and accordingly such expenses can also not be allocated to earning of rental income. 109. In addition to the above, after going through the entire terms

THE PHOENIX MILLS LTD,MUMBAI vs. ASST CIT CEN CIR 47, MUMBAI

In the result, ground No.4 taken by assessee in assessment year

Bench: Shri R.C. Sharma (Am) & Shri Pawan Singh (Jm)

house property. Even as per the contract the assessee used to recovers the same as well from all its tenants as Amenities charges, which-is offered to tax under the head Service Charges and accordingly such expenses can also not be allocated to earning of rental income. 109. In addition to the above, after going through the entire terms

THE PHOENIX MILLS LTD,MUMBAI vs. ASST CIT CEN CIR 47, MUMBAI

In the result, ground No.4 taken by assessee in assessment year

Bench: Shri R.C. Sharma (Am) & Shri Pawan Singh (Jm)

house property. Even as per the contract the assessee used to recovers the same as well from all its tenants as Amenities charges, which-is offered to tax under the head Service Charges and accordingly such expenses can also not be allocated to earning of rental income. 109. In addition to the above, after going through the entire terms

THE PHOENIX MILLS LTD,MUMBAI vs. ASST CIT CEN CIR 47, MUMBAI

In the result, ground No.4 taken by assessee in assessment year

Bench: Shri R.C. Sharma (Am) & Shri Pawan Singh (Jm)

house property. Even as per the contract the assessee used to recovers the same as well from all its tenants as Amenities charges, which-is offered to tax under the head Service Charges and accordingly such expenses can also not be allocated to earning of rental income. 109. In addition to the above, after going through the entire terms

THE PHOENIX MILLS LTD,MUMBAI vs. ASST CIT CEN CIR 47, MUMBAI

In the result, ground No.4 taken by assessee in assessment year

Bench: Shri R.C. Sharma (Am) & Shri Pawan Singh (Jm)

house property. Even as per the contract the assessee used to recovers the same as well from all its tenants as Amenities charges, which-is offered to tax under the head Service Charges and accordingly such expenses can also not be allocated to earning of rental income. 109. In addition to the above, after going through the entire terms

DCIT CEN CIR 8(4), MUMBAI vs. PHOENIX MILLS LTD, MUMBAI

In the results, all the appeals of the revenue are dismissed

Bench: Shri Ramesh C Sharma & Shri Pawan Singhआयकर अपीऱ सं./I.T.A. No. 3991/Mum/2018 (निर्धारण वर्ा / Assessment Year: 2011-12) आयकर अपीऱ सं./I.T.A. No. 3992/Mum/2018 (निर्धारण वर्ा / Assessment Year: 2012-13) आयकर अपीऱ सं./I.T.A. No. 3993/Mum/2018 (निर्धारण वर्ा / Assessment Year: 2013-14) आयकर अपीऱ सं./I.T.A. No. 3994/Mum/2018 (निर्धारण वर्ा / Assessment Year: 2014-15) बिधम/ Dy. Commissioner Of M/S Phoenix Mills Ltd. Income Tax, 462, Senapati Bapat Vs. Central Circle-8(4), Marg, Lower Parel, 6Th Floor, Room No. 658, Mumbai-400013. Aayakar Bhavan, M.K. Road, Mumbai 400020 स्थायी ऱेखा सं./जीआइआर सं./ Pan/Gir No. : Aaacp 3325 J (अपीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

house property income. For substantiating the same the relevant part of agreement reads as under. i. "Common Area Maintenance ("CAM") charge for the entire period of 36 (thirty-six) months commencing from June 1, 2008 to May 31, 2011 @ Rs.15/-(Rupees Fifteen only) per sq. ft. on built up area, amounting to Rs.35,595/- (Rupees Thirty Five Thousand Five Hundred

LARSEN & TOUBRO INFOTECH LTD,MUMBAI vs. ADDL CIT RG 2(2), MUMBAI

House, 2nd Floor, N. M. Marg, Ballard Estate, Mumbai-400001 [PAN: AAACL1681P] …………… Appellant Vs Additional Commissioner of Income Tax, Range-2(2), Room No. 577, 5th Floor, Aaykar Bhavan, Respondent …………… M. K. Marg, Mumbai-400020 Appearance For the Appellant/Assessee : Shri Percy J Pardiwalla Ms. Arti Sathe For the Respondent/Department : Dr. Yogesh Kamat, CIT DR Date Conclusion of hearing : 02.03.2023 Pronouncement

DCIT 10(3)(2), MUMBAI vs. PHOENIX MECANO (I) PLTD, MUMBAI

In the result, appeal of the Revenue is allowed

Bench: Shri Joginder Singh, Assessment Year:2011-12

house property • Profits and gains of business and profession • Capital gains • Income from other sources 5.2 The income computed under various heads of income in accordance with the provisions of Chapter IV of the IT Act shall be aggregated in accordance with the provisions of Chapter VI of the IT Act, 1961. This means that first the income/loss from various

DCIT CENTRAL CIRCLE 5 4 MUMBAI, MUMBAI vs. L AND T VALDEL ENGINEERING LIMITED, BANGALURU

In the result, all appeals filed by the assessee stands allowed and appeals filed by the revenue stands dismissed for all assessment years under consideration

Bench: Smt. Beena Pillai, Jm & Shri Omkareshwar Chidara, Am

House, N.M. Marg, Mumbai-400001. PAN : AABCL0552G Appellant /Assessee by : Shri Nitesh Joshi, AR Revenue / Respondent by : Shri Pravin Salunkhe, , Sr. DR Date of Hearing : 14.10.2024 Date of Pronouncement : 30.10.2024 O R D E R Per Bench: Present case appeals filed by the assessee as well as revenue arises out of the consolidated order passed

LARSEN & TOUBRO LIMITED (SUCCESSOR TO M/S L & T VA;DE; ENGINEERING LIMITED ),MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 5(4) MUMBAI (EARLIER AO DCITM CIRCLE 11(5) BANGALORE, MUMBAI

In the result, all appeals filed by the assessee stands allowed and appeals filed by the revenue stands dismissed for all assessment years under consideration

Bench: Smt. Beena Pillai, Jm & Shri Omkareshwar Chidara, Am

House, N.M. Marg, Mumbai-400001. PAN : AABCL0552G Appellant /Assessee by : Shri Nitesh Joshi, AR Revenue / Respondent by : Shri Pravin Salunkhe, , Sr. DR Date of Hearing : 14.10.2024 Date of Pronouncement : 30.10.2024 O R D E R Per Bench: Present case appeals filed by the assessee as well as revenue arises out of the consolidated order passed

LARSEN & TOUBRO LIMITED (SUCCESSOR TO M/S L & T VALDEL ENGINEERING LIMITED ),MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 5(4), MUMBAI EARLIER AO DCIT, CIRCLE 11(5) BANGLORE, MUMBAI

In the result, all appeals filed by the assessee stands allowed and appeals filed by the revenue stands dismissed for all assessment years under consideration

Bench: Smt. Beena Pillai, Jm & Shri Omkareshwar Chidara, Am

House, N.M. Marg, Mumbai-400001. PAN : AABCL0552G Appellant /Assessee by : Shri Nitesh Joshi, AR Revenue / Respondent by : Shri Pravin Salunkhe, , Sr. DR Date of Hearing : 14.10.2024 Date of Pronouncement : 30.10.2024 O R D E R Per Bench: Present case appeals filed by the assessee as well as revenue arises out of the consolidated order passed

LARSEN & TOUBRO LIMITED ,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 5(4), MUMBAI (EARLIER AO DCIT, CIRCLE 11(5) BANGLORE ., MUMBAI

In the result, all appeals filed by the assessee stands allowed and appeals filed by the revenue stands dismissed for all assessment years under consideration

Bench: Smt. Beena Pillai, Jm & Shri Omkareshwar Chidara, Am

House, N.M. Marg, Mumbai-400001. PAN : AABCL0552G Appellant /Assessee by : Shri Nitesh Joshi, AR Revenue / Respondent by : Shri Pravin Salunkhe, , Sr. DR Date of Hearing : 14.10.2024 Date of Pronouncement : 30.10.2024 O R D E R Per Bench: Present case appeals filed by the assessee as well as revenue arises out of the consolidated order passed

DCIT CENTRAL CIRCLE 5(4), MUMBAI vs. L AND T VALDEL ENGINEERING LIMITED, BANGALURU

In the result, all appeals filed by the assessee stands allowed and appeals filed by the revenue stands dismissed for all assessment years under consideration

Bench: Smt. Beena Pillai, Jm & Shri Omkareshwar Chidara, Am

House, N.M. Marg, Mumbai-400001. PAN : AABCL0552G Appellant /Assessee by : Shri Nitesh Joshi, AR Revenue / Respondent by : Shri Pravin Salunkhe, , Sr. DR Date of Hearing : 14.10.2024 Date of Pronouncement : 30.10.2024 O R D E R Per Bench: Present case appeals filed by the assessee as well as revenue arises out of the consolidated order passed

LARSEN & TOUBRO LIMITED (SUCCESSOR TO M/S L & T VALDEL ENGINEERING LIMITED ),MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX. CENTRAL CIRCLE 5(4) MUMBAI(EARLIER AO DCIT, CIRCLE 11(5) BANGALORE ), MUMBAI

In the result, all appeals filed by the assessee stands allowed and appeals filed by the revenue stands dismissed for all assessment years under consideration

Bench: Smt. Beena Pillai, Jm & Shri Omkareshwar Chidara, Am

House, N.M. Marg, Mumbai-400001. PAN : AABCL0552G Appellant /Assessee by : Shri Nitesh Joshi, AR Revenue / Respondent by : Shri Pravin Salunkhe, , Sr. DR Date of Hearing : 14.10.2024 Date of Pronouncement : 30.10.2024 O R D E R Per Bench: Present case appeals filed by the assessee as well as revenue arises out of the consolidated order passed

DCIT CC -5 (4), MUMBAI, MUMBAI vs. L AND T VALDEL ENGINEERING LIMITED, MUMBAI

In the result, all appeals filed by the assessee stands allowed and appeals filed by the revenue stands dismissed for all assessment years under consideration

Bench: Smt. Beena Pillai, Jm & Shri Omkareshwar Chidara, Am

House, N.M. Marg, Mumbai-400001. PAN : AABCL0552G Appellant /Assessee by : Shri Nitesh Joshi, AR Revenue / Respondent by : Shri Pravin Salunkhe, , Sr. DR Date of Hearing : 14.10.2024 Date of Pronouncement : 30.10.2024 O R D E R Per Bench: Present case appeals filed by the assessee as well as revenue arises out of the consolidated order passed

DCIT CENTRAL CIRCLE 5 4, MUMBAI, MUMBAI vs. L AND T VALDEL ENGINEERING LIMITED, KARNATAKA

In the result, all appeals filed by the assessee stands allowed and appeals filed by the revenue stands dismissed for all assessment years under consideration

Bench: Smt. Beena Pillai, Jm & Shri Omkareshwar Chidara, Am

House, N.M. Marg, Mumbai-400001. PAN : AABCL0552G Appellant /Assessee by : Shri Nitesh Joshi, AR Revenue / Respondent by : Shri Pravin Salunkhe, , Sr. DR Date of Hearing : 14.10.2024 Date of Pronouncement : 30.10.2024 O R D E R Per Bench: Present case appeals filed by the assessee as well as revenue arises out of the consolidated order passed