SIR RATAN TATA TRUST,MUMBAI SUBURBAN vs. DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTION)-2(1), MUMBAI

In the result, both the appeals of the assessee in both AY 2014-15 and AY

Bench: Ms Padmavathy S, Am & Shri Rahul Chaudhary, Jm

House, 24, National Faceless Assessment Homi Mody Street, Fort, Centre-2(1), Vs. Mumbai-400001 MTNL Tele Building, PAN : AAATS1013P Cumballa Hills, Peddar Road, Mumbai-400026. Appellant) : Respondent) Appellant/Assessee by : Shri P. J. Pardiwala a/w Shri Sukhsagar Syal, AR Revenue/Respondent by : Shri Sanyogita Nagpal, CIT-DR Date of Hearing : 22.07.2024 Date of Pronouncement 26.08.2024 : Per Padmavathy S, AM: 1. These

SIR RATAN TATA TRUST,MUMBAI SUBURBAN vs. ADDITIONAL /JOINT/DEPUTY/ASSISTANT COMMISSIONER OF INCOME TAX, NFAC, MUMBAI

In the result, both the appeals of the assessee in both AY 2014-15 and AY

Bench: Ms Padmavathy S, Am & Shri Rahul Chaudhary, Jm

House, 24, National Faceless Assessment Homi Mody Street, Fort, Centre-2(1), Vs. Mumbai-400001 MTNL Tele Building, PAN : AAATS1013P Cumballa Hills, Peddar Road, Mumbai-400026. Appellant) : Respondent) Appellant/Assessee by : Shri P. J. Pardiwala a/w Shri Sukhsagar Syal, AR Revenue/Respondent by : Shri Sanyogita Nagpal, CIT-DR Date of Hearing : 22.07.2024 Date of Pronouncement 26.08.2024 : Per Padmavathy S, AM: 1. These

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

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

17. We have heard learned counsel for the parties. We have also\nperused the record. At the outset, we may observe that the premise on\nwhich the Tribunal has proceeded to hold that the income derived by\nthe assessee from leasing / renting out house properties, is by applying\nthe decision of the Supreme Court in East India Housing (supra),\nthe

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

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

17. We have heard learned counsel for the parties. We have also\nperused the record. At the outset, we may observe that the premise on\nwhich the Tribunal has proceeded to hold that the income derived by\nthe assessee from leasing / renting out house properties, is by applying\nthe decision of the Supreme Court in East India Housing (supra),\nthe

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

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

17. We have heard learned counsel for the parties. We have also\nperused the record. At the outset, we may observe that the premise on\nwhich the Tribunal has proceeded to hold that the income derived by\nthe assessee from leasing / renting out house properties, is by applying\nthe decision of the Supreme Court in East India Housing (supra),\nthe

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

17 annexure which are mentioned in his 90 questions statement recorded by the revenue authority in case of search on the assessee that clearly proves that independently there are incriminating material found during the course of the same search. 033. Thus we hold that there is independent incriminating material for each of addition i.e. Income from house property, denial

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

17 annexure which are mentioned in his 90 questions statement recorded by the revenue authority in case of search on the assessee that clearly proves that independently there are incriminating material found during the course of the same search. 033. Thus we hold that there is independent incriminating material for each of addition i.e. Income from house property, denial

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

17 annexure which are mentioned in his 90 questions statement recorded by the revenue authority in case of search on the assessee that clearly proves that independently there are incriminating material found during the course of the same search. 033. Thus we hold that there is independent incriminating material for each of addition i.e. Income from house property, denial

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

17 annexure which are mentioned in his 90 questions statement recorded by the revenue authority in case of search on the assessee that clearly proves that independently there are incriminating material found during the course of the same search. 033. Thus we hold that there is independent incriminating material for each of addition i.e. Income from house property, denial

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

17 annexure which are mentioned in his 90 questions statement recorded by the revenue authority in case of search on the assessee that clearly proves that independently there are incriminating material found during the course of the same search. 033. Thus we hold that there is independent incriminating material for each of addition i.e. Income from house property, denial

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

17 annexure which are mentioned in his 90 questions statement recorded by the revenue authority in case of search on the assessee that clearly proves that independently there are incriminating material found during the course of the same search. 033. Thus we hold that there is independent incriminating material for each of addition i.e. Income from house property, denial

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

17 annexure which are mentioned in his 90 questions statement recorded by the revenue authority in case of search on the assessee that clearly proves that independently there are incriminating material found during the course of the same search. 033. Thus we hold that there is independent incriminating material for each of addition i.e. Income from house property, denial

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)

17 M/s. The Phoenix Mills Ltd. 33. We also found that the Assessing Officer in the reasons recorded has held that while completing the assessment for A.Y. 2009-10 in the assessee's own case, it came to light that assessee has shown the rental income separately in the computation under the head „Income from House Property‟ by which

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)

17 M/s. The Phoenix Mills Ltd. 33. We also found that the Assessing Officer in the reasons recorded has held that while completing the assessment for A.Y. 2009-10 in the assessee's own case, it came to light that assessee has shown the rental income separately in the computation under the head „Income from House Property‟ by which

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)

17 M/s. The Phoenix Mills Ltd. 33. We also found that the Assessing Officer in the reasons recorded has held that while completing the assessment for A.Y. 2009-10 in the assessee's own case, it came to light that assessee has shown the rental income separately in the computation under the head „Income from House Property‟ by which

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)

17 M/s. The Phoenix Mills Ltd. 33. We also found that the Assessing Officer in the reasons recorded has held that while completing the assessment for A.Y. 2009-10 in the assessee's own case, it came to light that assessee has shown the rental income separately in the computation under the head „Income from House Property‟ by which

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)

17 M/s. The Phoenix Mills Ltd. 33. We also found that the Assessing Officer in the reasons recorded has held that while completing the assessment for A.Y. 2009-10 in the assessee's own case, it came to light that assessee has shown the rental income separately in the computation under the head „Income from House Property‟ by which

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)

17 M/s. The Phoenix Mills Ltd. 33. We also found that the Assessing Officer in the reasons recorded has held that while completing the assessment for A.Y. 2009-10 in the assessee's own case, it came to light that assessee has shown the rental income separately in the computation under the head „Income from House Property‟ by which