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313 results for “house property”+ Section 40A(2)(b)clear

Sorted by relevance

Mumbai313Delhi268Bangalore101Ahmedabad72Jaipur57Hyderabad55Chennai40Chandigarh29Raipur27Kolkata26Pune25Visakhapatnam18Indore14Amritsar14Cuttack12Rajkot11Lucknow9Cochin8Surat8Patna8Nagpur6Karnataka3Jodhpur1Allahabad1Agra1SC1Varanasi1

Key Topics

Addition to Income61Disallowance53Section 143(3)39Penalty31Section 153A27Deduction24Depreciation20Section 14A19Section 6816Section 263

M/S ARENA ENTERPRISES,MUMBAI vs. ITO, WARD, 41(4)(1), MUMBAI

In the result, both the appeals of the assessee are allowed for In the result, both the appeals of the assessee are allowed for In the result, both the appeals of the assessee are allowed for stati...

ITA 6322/MUM/2024[2017-18]Status: DisposedITAT Mumbai26 Sept 2025AY 2017-18

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan ()

For Appellant: Mr. Surendra Mohan, Sr. DRFor Respondent: Ms. Mrugakshi Joshi
Section 143(3)Section 263Section 40A(2)(b)

section 40A(2)(b) cannot apply in its case because they made the claim of Interest e in its case because they made the claim of Interest e in its case because they made the claim of Interest expenditure under the head "Income from House Property

M/S ARENA ENTERPRISES ,MUMBAI vs. ITO, WARD 41(4)(1), MUMBAI

Showing 1–20 of 313 · Page 1 of 16

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14
Section 115J13
Section 40A(2)(b)12

In the result, both the appeals of the assessee are allowed for In the result, both the appeals of the assessee are allowed for In the result, both the appeals of the assessee are allowed for stati...

ITA 6321/MUM/2024[2017-18]Status: DisposedITAT Mumbai26 Sept 2025AY 2017-18

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan ()

For Appellant: Mr. Surendra Mohan, Sr. DRFor Respondent: Ms. Mrugakshi Joshi
Section 143(3)Section 263Section 40A(2)(b)

section 40A(2)(b) cannot apply in its case because they made the claim of Interest e in its case because they made the claim of Interest e in its case because they made the claim of Interest expenditure under the head "Income from House Property

M/S SANOFI INDIA LTD (FORMERLY KNOWN AS AVENTIS PHARMA LTD,MUMBAI vs. THE ACIT RG 8(1), MUMBAI

In the result, appeal filed by the Revenue is dismissed

ITA 1606/MUM/2007[2003-2004]Status: DisposedITAT Mumbai31 Oct 2023AY 2003-2004

Bench: Shri Vikas Awasthy, Hon’Ble & Shri S. Rifaur Rahman, Hon'Ble

Section 271(1)(c)

40A(2)(a)(b) of the Income-tax Act, 1961 (hereinafter referred to as "the Act"). 8. On the facts and in the circumstances of the case and in law, the learned CIT(A) has erred in confirming the disallowance of Rs 87,61,130 representing part of the payment made for encashment of leave. He ought not to have

ACIT- 3(1)(1), MUMBAI vs. MM/S SANOFI INDIA LIMITED (FORMERLY KNOWN AS AVENTIS PHARMA LTD)., MUMBAI

In the result, appeal filed by the Revenue is dismissed

ITA 1302/MUM/2007[2003-2004]Status: DisposedITAT Mumbai31 Oct 2023AY 2003-2004

Bench: Shri Vikas Awasthy, Hon’Ble & Shri S. Rifaur Rahman, Hon'Ble

Section 271(1)(c)

40A(2)(a)(b) of the Income-tax Act, 1961 (hereinafter referred to as "the Act"). 8. On the facts and in the circumstances of the case and in law, the learned CIT(A) has erred in confirming the disallowance of Rs 87,61,130 representing part of the payment made for encashment of leave. He ought not to have

M/S ARENA ENTERPRISES ,MUMBAI vs. PRINCIPLE COMMISSIONER OF INCOME TAX, , MUMBAI-17

In the result, appeal filed by the assessee is partly allowed as indicated above

ITA 862/MUM/2022[2017-18]Status: DisposedITAT Mumbai01 Dec 2022AY 2017-18

Bench: Shri Kuldip Singh, Hon'Ble & Shri S. Rifaur Rahman, Hon'Blem/S. Arena Enterprise V. Pcit –Mumbai-17 Cts No. 20, Arena Space, Village Majas Room No. 120, 1St Floor Jvlr, Behind Majas Depot Kautilya Bhavan, C-41 To C-43 Jogeshwari (E), Mumbai - 400060 G-Block, Bandra Kurla Complex Bandra(E), Mumbai - 400051 Pan: Aanfa3473E (Appellant) (Respondent) Assessee Represented By : Ms. Mrugakshi Joshi Department Represented By : Shri Jagadish Jangid

Section 143(3)Section 24Section 263Section 40A(2)(b)

House Property u/s. 24(b) to which the provisions of section 40A(2)(b) do no apply. (ii) The Bank

SANOFI INDIA LTD FORMERLY KNOWN AS AVENTIS PHARMA LTD ,MUMBAI vs. ADDL CIT RG 8(1), MUMBAI

In the result, the C.O. of the assessee for AY 2007-08 is partly allowed

ITA 6626/MUM/2009[2005-06]Status: DisposedITAT Mumbai23 Feb 2024AY 2005-06

Bench: Shri Vikas Awasthy, Jm & Ms Padmavathy S, Am

For Respondent: Shri Ajay Chandra (CIT-DR) &
Section 32Section 32(1)

House Property" and allowed the claim in accordance with law. It is ordered accordingly. Adjustments made to amount claimed as deduction under section 80IB- Ground No.7 25. The AO while considering the deduction claimed by the assessee under section 80IB did not allow the claim to the extent of 30% of Rs. 10,70,852/- which was attributable to interest

ADDL CIT RG 8(1), MUMBAI vs. M/S. SANOFI INDIA LIMITED (FORMERLY KNOWN AS M/S. AVENTIS PHARMA LTD), MUMBAI

In the result, the C.O. of the assessee for AY 2007-08 is partly allowed

ITA 7712/MUM/2010[2006-07]Status: DisposedITAT Mumbai23 Feb 2024AY 2006-07

Bench: Shri Vikas Awasthy, Jm & Ms Padmavathy S, Am

For Respondent: Shri Ajay Chandra (CIT-DR) &
Section 32Section 32(1)

House Property" and allowed the claim in accordance with law. It is ordered accordingly. Adjustments made to amount claimed as deduction under section 80IB- Ground No.7 25. The AO while considering the deduction claimed by the assessee under section 80IB did not allow the claim to the extent of 30% of Rs. 10,70,852/- which was attributable to interest

ADDL CIT 8(1), MUMBAI vs. M/S. SANOFI INDIA LIMITED (FORMERLY KNOWN AS M/S. AVENTIS PHARMA LTD), MUMBAI

In the result, the C.O. of the assessee for AY 2007-08 is partly allowed

ITA 6698/MUM/2011[2007-08]Status: DisposedITAT Mumbai23 Feb 2024AY 2007-08

Bench: Shri Vikas Awasthy, Jm & Ms Padmavathy S, Am

For Respondent: Shri Ajay Chandra (CIT-DR) &
Section 32Section 32(1)

House Property" and allowed the claim in accordance with law. It is ordered accordingly. Adjustments made to amount claimed as deduction under section 80IB- Ground No.7 25. The AO while considering the deduction claimed by the assessee under section 80IB did not allow the claim to the extent of 30% of Rs. 10,70,852/- which was attributable to interest

TRIMODE PROPERTIES PVT. LTD.,MUMBAI vs. DCIT - 15(3)(1), MUMBAI

In the result the appeal of the assessee is allowed

ITA 4977/MUM/2016[2012-13]Status: DisposedITAT Mumbai26 Jun 2019AY 2012-13

Bench: Shri G.S. Pannu & Shri Pawan Singhtrimode Properties Pvt. Ltd. Acit - 10(3) Dgp House, 3Rd Floor, Aayakar Bhavan, M.K. Road, 88C, Old Prabhadevi Road, Mumbai-400020. Mumbai-400025. Vs. Pan: Aabct2569F Appellant Respondent Trimode Properties Pvt. Ltd. Dcit - 15(3)(1) Dgp House, 3Rd Floor, Aayakar Bhavan, M.K. Road, 88C, Old Prabhadevi Road, Mumbai-400020. Mumbai-400025. Vs. Pan: Aabct2569F Appellant Respondent Appellant By : Shri Percy J. Pardiwalla, Shri Nitesh Joshi & Shri Hitesh Trivedi (Ars) Respondent By : Shri Rajiv Gubgotra (Dr) Date Of Hearing : 10.05.2019 Date Of Pronouncement : 26.06.2019 Orderunder Section 254(1)Of Income Tax Act Per Pawan Singh; 1. These Two Appeals By Assessee Are Directed Against The Orders Of Ld. Commissioner Of Income-Tax [Cit(A)]-22, Mumbai Dated 27.02.2012 & Ld. Cit(A)-24, Mumbai Dated 24.06.2016 For Assessment Year (Ay) For Ita No. 3471/M/12 & 4977/M/16- Trimode Properties Pvt. Ltd.

For Appellant: Shri Percy J. PardiwallaFor Respondent: Shri Rajiv Gubgotra (DR)
Section 143(3)Section 254(1)Section 40A(2)Section 40A(2)(b)

House, 3rd Floor, Aayakar Bhavan, M.K. Road, 88C, Old Prabhadevi Road, Mumbai-400020. Mumbai-400025. Vs. PAN: AABCT2569F Appellant Respondent Appellant by : Shri Percy J. Pardiwalla, Shri Nitesh Joshi & Shri Hitesh Trivedi (ARs) Respondent by : Shri Rajiv Gubgotra (DR) Date of Hearing : 10.05.2019 Date of Pronouncement : 26.06.2019 ORDERUNDER SECTION 254(1)OF INCOME TAX ACT PER PAWAN SINGH, JUDICIAL MEMBER

GOPALDAS VISRAM & CO. LTD,MUMBAI vs. ACIT 4(2)(2), MUMBAI

Appeals are disposed off accordingly

ITA 3518/MUM/2016[2009-10]Status: DisposedITAT Mumbai21 Sept 2017AY 2009-10

Bench: Shri C.N. Prasad, Jm & Shri Rajesh Kumar, Am

For Appellant: Shri Rajeev KhandelwalFor Respondent: Miss Vidisha Kalara
Section 69Section 69A

house or to be outsourced, irrespective of the fact that there is un-utilized production capacity. The same is a purely commercial decision. Accordingly, we hold that the conclusion drawn by the ld.CIT(A) is not correct and hence we direct the AO to delete the addition on this point. Ground no.4 is allowed as indicated above. 70. The issue

GOPALDAS VISRAM & CO. LTD,MUMBAI vs. DCIT 4(2)(2), MUMBAI

Appeals are disposed off accordingly

ITA 3517/MUM/2016[2012-13]Status: DisposedITAT Mumbai21 Sept 2017AY 2012-13

Bench: Shri C.N. Prasad, Jm & Shri Rajesh Kumar, Am

For Appellant: Shri Rajeev KhandelwalFor Respondent: Miss Vidisha Kalara
Section 69Section 69A

house or to be outsourced, irrespective of the fact that there is un-utilized production capacity. The same is a purely commercial decision. Accordingly, we hold that the conclusion drawn by the ld.CIT(A) is not correct and hence we direct the AO to delete the addition on this point. Ground no.4 is allowed as indicated above. 70. The issue

ACIT 4(2)(2), MUMBAI vs. GOPALDAS VISRAM & CO. LTD, MUMBAI

Appeals are disposed off accordingly

ITA 4585/MUM/2016[2009-10]Status: DisposedITAT Mumbai21 Sept 2017AY 2009-10

Bench: Shri C.N. Prasad, Jm & Shri Rajesh Kumar, Am

For Appellant: Shri Rajeev KhandelwalFor Respondent: Miss Vidisha Kalara
Section 69Section 69A

house or to be outsourced, irrespective of the fact that there is un-utilized production capacity. The same is a purely commercial decision. Accordingly, we hold that the conclusion drawn by the ld.CIT(A) is not correct and hence we direct the AO to delete the addition on this point. Ground no.4 is allowed as indicated above. 70. The issue

DCIT 4(2), MUMBAI vs. GOPALDAS VISRAM & CO. LTD, MUMBAI

Appeals are disposed off accordingly

ITA 4584/MUM/2016[2008-09]Status: DisposedITAT Mumbai21 Sept 2017AY 2008-09

Bench: Shri C.N. Prasad, Jm & Shri Rajesh Kumar, Am

For Appellant: Shri Rajeev KhandelwalFor Respondent: Miss Vidisha Kalara
Section 69Section 69A

house or to be outsourced, irrespective of the fact that there is un-utilized production capacity. The same is a purely commercial decision. Accordingly, we hold that the conclusion drawn by the ld.CIT(A) is not correct and hence we direct the AO to delete the addition on this point. Ground no.4 is allowed as indicated above. 70. The issue

ACIT 4(2)(2), MUMBAI vs. GOPALDAS VISRAM & CO. LTD, MUMBAI

Appeals are disposed off accordingly

ITA 4587/MUM/2016[2011-12]Status: DisposedITAT Mumbai21 Sept 2017AY 2011-12

Bench: Shri C.N. Prasad, Jm & Shri Rajesh Kumar, Am

For Appellant: Shri Rajeev KhandelwalFor Respondent: Miss Vidisha Kalara
Section 69Section 69A

house or to be outsourced, irrespective of the fact that there is un-utilized production capacity. The same is a purely commercial decision. Accordingly, we hold that the conclusion drawn by the ld.CIT(A) is not correct and hence we direct the AO to delete the addition on this point. Ground no.4 is allowed as indicated above. 70. The issue

ACIT 4(2)(2), MUMBAI vs. GOPALDAS VISRAM & CO. LTD, MUMBAI

Appeals are disposed off accordingly

ITA 4588/MUM/2016[2012-13]Status: DisposedITAT Mumbai21 Sept 2017AY 2012-13

Bench: Shri C.N. Prasad, Jm & Shri Rajesh Kumar, Am

For Appellant: Shri Rajeev KhandelwalFor Respondent: Miss Vidisha Kalara
Section 69Section 69A

house or to be outsourced, irrespective of the fact that there is un-utilized production capacity. The same is a purely commercial decision. Accordingly, we hold that the conclusion drawn by the ld.CIT(A) is not correct and hence we direct the AO to delete the addition on this point. Ground no.4 is allowed as indicated above. 70. The issue

GOPALDAS VISRAM & CO. LTD,MUMBAI vs. DCIT 4(2), MUMBAI

Appeals are disposed off accordingly

ITA 3514/MUM/2016[2008-09]Status: DisposedITAT Mumbai21 Sept 2017AY 2008-09

Bench: Shri C.N. Prasad, Jm & Shri Rajesh Kumar, Am

For Appellant: Shri Rajeev KhandelwalFor Respondent: Miss Vidisha Kalara
Section 69Section 69A

house or to be outsourced, irrespective of the fact that there is un-utilized production capacity. The same is a purely commercial decision. Accordingly, we hold that the conclusion drawn by the ld.CIT(A) is not correct and hence we direct the AO to delete the addition on this point. Ground no.4 is allowed as indicated above. 70. The issue

GOPALDAS VISRAM & CO. LTD,MUMBAI vs. ADDL CIT 4(2), MUMBAI

Appeals are disposed off accordingly

ITA 3516/MUM/2016[2011-12]Status: DisposedITAT Mumbai21 Sept 2017AY 2011-12

Bench: Shri C.N. Prasad, Jm & Shri Rajesh Kumar, Am

For Appellant: Shri Rajeev KhandelwalFor Respondent: Miss Vidisha Kalara
Section 69Section 69A

house or to be outsourced, irrespective of the fact that there is un-utilized production capacity. The same is a purely commercial decision. Accordingly, we hold that the conclusion drawn by the ld.CIT(A) is not correct and hence we direct the AO to delete the addition on this point. Ground no.4 is allowed as indicated above. 70. The issue

GOPALDAS VISRAM & CO. LTD,MUMBAI vs. DCIT 4(2), MUMBAI

Appeals are disposed off accordingly

ITA 3513/MUM/2016[2010-11]Status: DisposedITAT Mumbai21 Sept 2017AY 2010-11

Bench: Shri C.N. Prasad, Jm & Shri Rajesh Kumar, Am

For Appellant: Shri Rajeev KhandelwalFor Respondent: Miss Vidisha Kalara
Section 69Section 69A

house or to be outsourced, irrespective of the fact that there is un-utilized production capacity. The same is a purely commercial decision. Accordingly, we hold that the conclusion drawn by the ld.CIT(A) is not correct and hence we direct the AO to delete the addition on this point. Ground no.4 is allowed as indicated above. 70. The issue

ACIT 4(2)(2), MUMBAI vs. GOPALDAS VISRAM & CO. LTD, MUMBAI

Appeals are disposed off accordingly

ITA 4586/MUM/2016[2010-11]Status: DisposedITAT Mumbai21 Sept 2017AY 2010-11

Bench: Shri C.N. Prasad, Jm & Shri Rajesh Kumar, Am

For Appellant: Shri Rajeev KhandelwalFor Respondent: Miss Vidisha Kalara
Section 69Section 69A

house or to be outsourced, irrespective of the fact that there is un-utilized production capacity. The same is a purely commercial decision. Accordingly, we hold that the conclusion drawn by the ld.CIT(A) is not correct and hence we direct the AO to delete the addition on this point. Ground no.4 is allowed as indicated above. 70. The issue

MMTIS EDUCTION & RESEARCH TRUST,MUMBAI vs. DDIT (E) I(2), MUMBAI

In the result, the appeals of the assessee are In the result, the appeals of the assessee are allowed partly for allowed partly for statistical purposes

ITA 5866/MUM/2015[2011-12]Status: DisposedITAT Mumbai23 Jun 2023AY 2011-12

Bench: Shri Vikas Awasthy () & Shri Om Prakash Kant () Assessment Year: 2011-2012 Mmti’S Education & Research Trust, The Dy. Director Of Income- New Excel House, 2Nd Floor, 41-B, Tax(Exemption)-I(1), Vs. Azad Nagar Road No. 2, Off. Veera 5Th Floor, Piramal Chambers, Desai Road, Behind Icici Bank, Parel, Lalbaug, Andheri (West), Mumbai-400012. Mumbai-400053. Pan No. Aabtm 2192 E Appellant Respondent Assessment Year: 2012-2013 Mmti’S Education & Research Trust, Ito(E)-2(1), New Excel House, 2Nd Floor, 41-B, Income-Tax Office, Piramal Vs. Azad Nagar Road No. 2, Off. Veera Chambers, Parel, Mumbai- Desai Road, Behind Icici Bank, 12. Andheri (West), Mumbai-400053. Pan No. Aabtm 2192 E Appellant Respondent Assessment Year: 2013-2014 Mmti’S Education & Research Trust, Ito(E)-2(1), Victor House, 2Nd Floor, End Of Veera Income-Tax Office, Piramal Vs. Desai Road, Next To Chitralekha Chambers, Parel, Mumbai- House, Andheri (W), 12. Mumbai-400053. Pan No. Aabtm 2192 E Appellant Respondent

For Appellant: Ms. Arati Vissanji, Adv &For Respondent: Mr. Manish Ajudiya
Section 13(1)(c)Section 13(3)

House, Andheri (W), 12. Mumbai-400053. PAN No. AABTM 2192 E Appellant Respondent MMTI’s Education & Research Trust MMTI’s Education & Research Trust ITA Nos. 5866/M/2015, 451/M/2019 & 2974/M/2017 Assessee by : Ms. Arati Vissanji, Adv & Ms. Arati Vissanji, Adv & Mr. AmodPrabhudesai, Mr. AmodPrabhudesai, Revenue by : Mr. Manish Ajudiya, Date of Hearing Date of Hearing : 14/06/2023 : Date of pronouncement Date of pronouncement