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

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

section 22 of the\nIncome tax Act, 1961 (hereinafter referred as 'the Act') and the rental\nincome chargeable tax under the head ‘Income from house property’. [CIT\nv Ansal Housing Finance & Leasing Co. Ltd (2016) 72 Taxman.com 254].\nThus, the AO is not justified in treating the rental receipts of Rs.\n2,82,16

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

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

section 22 of the\nIncome tax Act, 1961 (hereinafter referred as 'the Act') and the rental\nincome chargeable tax under the head ‘Income from house property’. [CIT\nv Ansal Housing Finance & Leasing Co. Ltd (2016) 72 Taxman.com 254].\nThus, the AO is not justified in treating the rental receipts of Rs.\n2,82,16

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

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

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

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 taxed at ₹ 73,722/– based on the property tax bill and (5) the flat number 16 was taxed at ₹ 247,934/– on the basis of deemed rent of ₹ 3 lakhs offered by the assessee in assessment year 2016 – 17. b) The assessee claimed long-term capital gain on sale of the shares as exempt under section

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 taxed at ₹ 73,722/– based on the property tax bill and (5) the flat number 16 was taxed at ₹ 247,934/– on the basis of deemed rent of ₹ 3 lakhs offered by the assessee in assessment year 2016 – 17. b) The assessee claimed long-term capital gain on sale of the shares as exempt under section

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 taxed at ₹ 73,722/– based on the property tax bill and (5) the flat number 16 was taxed at ₹ 247,934/– on the basis of deemed rent of ₹ 3 lakhs offered by the assessee in assessment year 2016 – 17. b) The assessee claimed long-term capital gain on sale of the shares as exempt under section

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 taxed at ₹ 73,722/– based on the property tax bill and (5) the flat number 16 was taxed at ₹ 247,934/– on the basis of deemed rent of ₹ 3 lakhs offered by the assessee in assessment year 2016 – 17. b) The assessee claimed long-term capital gain on sale of the shares as exempt under section

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 taxed at ₹ 73,722/– based on the property tax bill and (5) the flat number 16 was taxed at ₹ 247,934/– on the basis of deemed rent of ₹ 3 lakhs offered by the assessee in assessment year 2016 – 17. b) The assessee claimed long-term capital gain on sale of the shares as exempt under section

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 taxed at ₹ 73,722/– based on the property tax bill and (5) the flat number 16 was taxed at ₹ 247,934/– on the basis of deemed rent of ₹ 3 lakhs offered by the assessee in assessment year 2016 – 17. b) The assessee claimed long-term capital gain on sale of the shares as exempt under section

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 taxed at ₹ 73,722/– based on the property tax bill and (5) the flat number 16 was taxed at ₹ 247,934/– on the basis of deemed rent of ₹ 3 lakhs offered by the assessee in assessment year 2016 – 17. b) The assessee claimed long-term capital gain on sale of the shares as exempt under section