ARIHANT DEVELOPERS,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE -1 , KALYAN

In the result, all the above appeals of the assessee are\ndismissed

property'. [CIT v Ansal Housing\nFinance & Leasing Co. Ltd (2016) 72 Taxman.com 254]. Thus, the AO is not\njustified in treating the rental receipts of Rs.3,87,56,614/- as business\nreceipts and deny the Appellant standard deduction amounting to Rs.\n1,14,40,908/- allowable under section

ARIHANT DEVELOPERS,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE -1, KALYAN

In the result, all the above appeals of the assessee are\ndismissed

property’. [CIT v Ansal Housing\nFinance & Leasing Co. Ltd (2016) 72 Taxman.com 254]. Thus, the AO is not\njustified in treating the rental receipts of Rs.3,87,56,614/- as business\nreceipts and deny the Appellant standard deduction amounting to Rs.\n1,14,40,908/- allowable under section

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)

section 143(3) that AO after considering all the aspects disallowed expenditure by observing that expenses were incurred for earning income from house property. 13. Assessment completed u/s 153A r.w.s.143(3) on 29.12.2010 determining total income at Rs.20,85,10,410/- as against the returned income of Rs.18,51,02,165/-. Subsequently, the assessment was reopened by issue of notice

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)

section 143(3) that AO after considering all the aspects disallowed expenditure by observing that expenses were incurred for earning income from house property. 13. Assessment completed u/s 153A r.w.s.143(3) on 29.12.2010 determining total income at Rs.20,85,10,410/- as against the returned income of Rs.18,51,02,165/-. Subsequently, the assessment was reopened by issue of notice

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)

section 143(3) that AO after considering all the aspects disallowed expenditure by observing that expenses were incurred for earning income from house property. 13. Assessment completed u/s 153A r.w.s.143(3) on 29.12.2010 determining total income at Rs.20,85,10,410/- as against the returned income of Rs.18,51,02,165/-. Subsequently, the assessment was reopened by issue of notice

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)

section 143(3) that AO after considering all the aspects disallowed expenditure by observing that expenses were incurred for earning income from house property. 13. Assessment completed u/s 153A r.w.s.143(3) on 29.12.2010 determining total income at Rs.20,85,10,410/- as against the returned income of Rs.18,51,02,165/-. Subsequently, the assessment was reopened by issue of notice

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)

section 143(3) that AO after considering all the aspects disallowed expenditure by observing that expenses were incurred for earning income from house property. 13. Assessment completed u/s 153A r.w.s.143(3) on 29.12.2010 determining total income at Rs.20,85,10,410/- as against the returned income of Rs.18,51,02,165/-. Subsequently, the assessment was reopened by issue of notice

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)

section 143(3) that AO after considering all the aspects disallowed expenditure by observing that expenses were incurred for earning income from house property. 13. Assessment completed u/s 153A r.w.s.143(3) on 29.12.2010 determining total income at Rs.20,85,10,410/- as against the returned income of Rs.18,51,02,165/-. Subsequently, the assessment was reopened by issue of notice

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)

section 143(3) that AO after considering all the aspects disallowed expenditure by observing that expenses were incurred for earning income from house property. 13. Assessment completed u/s 153A r.w.s.143(3) on 29.12.2010 determining total income at Rs.20,85,10,410/- as against the returned income of Rs.18,51,02,165/-. Subsequently, the assessment was reopened by issue of notice

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)

section 143(3) that AO after considering all the aspects disallowed expenditure by observing that expenses were incurred for earning income from house property. 13. Assessment completed u/s 153A r.w.s.143(3) on 29.12.2010 determining total income at Rs.20,85,10,410/- as against the returned income of Rs.18,51,02,165/-. Subsequently, the assessment was reopened by issue of notice

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)

section 143(3) that AO after considering all the aspects disallowed expenditure by observing that expenses were incurred for earning income from house property. 13. Assessment completed u/s 153A r.w.s.143(3) on 29.12.2010 determining total income at Rs.20,85,10,410/- as against the returned income of Rs.18,51,02,165/-. Subsequently, the assessment was reopened by issue of notice

MOHAN THAKURDAS GURNANI,NAVI MUMBAI vs. DY CIT -CC-5(2), MUMBAI

The appeal of the assessee is partly allowed for assessment year 2014 – 15 also

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

house property was added to the total income of ₹ 562807/–. b) For this year also, as in assessment year 2014 – 15, assessee has shown long-term capital gain in the same company as exempt income under section 10 (38) ITA No. 2089, 709 to 713 & 718 Mum/2023 A.Y. 2010-11, 14

MOHAN THAKURDAS GURNANI,NAVI MUMBAI vs. DY CIT -CC-5(2), MUMBAI

The appeal of the assessee is partly allowed for assessment year 2014 – 15 also

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

house property was added to the total income of ₹ 562807/–. b) For this year also, as in assessment year 2014 – 15, assessee has shown long-term capital gain in the same company as exempt income under section 10 (38) ITA No. 2089, 709 to 713 & 718 Mum/2023 A.Y. 2010-11, 14

MOHAN THAKURDAS GURNANI,NAVI MUMBAI vs. DY CIT -CC-5(2), MUMBAI

The appeal of the assessee is partly allowed for assessment year 2014 – 15 also

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

house property was added to the total income of ₹ 562807/–. b) For this year also, as in assessment year 2014 – 15, assessee has shown long-term capital gain in the same company as exempt income under section 10 (38) ITA No. 2089, 709 to 713 & 718 Mum/2023 A.Y. 2010-11, 14

MOHAN THANKURDAS GURNANI,NAVI MUMBAI vs. DY CIT -CC-5(2), MUMBAI

The appeal of the assessee is partly allowed for assessment year 2014 – 15 also

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

house property was added to the total income of ₹ 562807/–. b) For this year also, as in assessment year 2014 – 15, assessee has shown long-term capital gain in the same company as exempt income under section 10 (38) ITA No. 2089, 709 to 713 & 718 Mum/2023 A.Y. 2010-11, 14

MOHAN THAKURDAS GURNANI,NAVI MUMBAI vs. DY CIT -CC-5(2), MUMBAI

The appeal of the assessee is partly allowed for assessment year 2014 – 15 also

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

house property was added to the total income of ₹ 562807/–. b) For this year also, as in assessment year 2014 – 15, assessee has shown long-term capital gain in the same company as exempt income under section 10 (38) ITA No. 2089, 709 to 713 & 718 Mum/2023 A.Y. 2010-11, 14

MOHAN THAKURDAS GURNANI,NAVI MUMBAI vs. DY CIT -CC-5(2), MUMBAI

The appeal of the assessee is partly allowed for assessment year 2014 – 15 also

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

house property was added to the total income of ₹ 562807/–. b) For this year also, as in assessment year 2014 – 15, assessee has shown long-term capital gain in the same company as exempt income under section 10 (38) ITA No. 2089, 709 to 713 & 718 Mum/2023 A.Y. 2010-11, 14

MOHAN GURNANI,NAVI MUMBAI vs. DCIT CENTRAL CIRLE - 5(2), MUMBAI

The appeal of the assessee is partly allowed for assessment year 2014 – 15 also

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

house property was added to the total income of ₹ 562807/–. b) For this year also, as in assessment year 2014 – 15, assessee has shown long-term capital gain in the same company as exempt income under section 10 (38) ITA No. 2089, 709 to 713 & 718 Mum/2023 A.Y. 2010-11, 14