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 24(a) of the Act. The contention of the AO that the\nassessee is carrying out an organized activity of development and\nconstruction of godowns which are held as stock-in-trade and thus, the\nrental income generated in the course of the business has to be taxed as\nbusiness income and not as income from house property

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 24(a) of the Act. The contention of the AO that the\nassessee is carrying out an organized activity of development and\nconstruction of godowns which are held as stock-in-trade and thus, the\nrental income generated in the course of the business has to be taxed as\nbusiness income and not as income from house property

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 24(a) of the Act. The contention of the AO that the\nassessee is carrying out an organized activity of development and\nconstruction of godowns which are held as stock-in-trade and thus, the\nrental income generated in the course of the business has to be taxed as\nbusiness income and not as income from house property

ASST CIT CIR 2, THANE vs. ASHISH CONSTRUCTION CO., THANE

In the result, the common question of law framed in these two appeals are answered in favour of the assessee and against the Revenue

Bench: Shri Joginder Singh & Shri G. Manjunathaassessment Year: 2006 - 2007 Asst. Cit Circle-2, Ashish Construction Co., Thane S-1, Narmada Apartments, बनाम/ Cabin Road, Bhayander Vs. Road (E), Thane 401 105 (राज"व /Revenue) ("नधा"रती /Assessee) P.A. No. Aajfa4249G राज"व क" ओर से / Revenue By Shri V Vidhyadhar "नधा"रती क" ओर से / Assessee By Shri Sanjay Sharma

housing project II and no deduction was claimed on project I, consisting of building 03 viz. Topaz Building. On verification of the plan, it was found that there was a road for the said plot with building Nos. 1, 2, 3 and 5 (Project II) on one side and building Nos. 10, 11 and 12 (Project I) on the other

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)

80‟s, the assessee ventured into real estate market through development of "High Street Phoenix" (HSP) mall. The assessee had developed a mall with around 5 million square feet of retail space currently leased at its projects. The construction of the "immovable property" which houses the retail space to be let out is done by the assessee himself

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)

80‟s, the assessee ventured into real estate market through development of "High Street Phoenix" (HSP) mall. The assessee had developed a mall with around 5 million square feet of retail space currently leased at its projects. The construction of the "immovable property" which houses the retail space to be let out is done by the assessee himself

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)

80‟s, the assessee ventured into real estate market through development of "High Street Phoenix" (HSP) mall. The assessee had developed a mall with around 5 million square feet of retail space currently leased at its projects. The construction of the "immovable property" which houses the retail space to be let out is done by the assessee himself

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)

80‟s, the assessee ventured into real estate market through development of "High Street Phoenix" (HSP) mall. The assessee had developed a mall with around 5 million square feet of retail space currently leased at its projects. The construction of the "immovable property" which houses the retail space to be let out is done by the assessee himself

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)

80‟s, the assessee ventured into real estate market through development of "High Street Phoenix" (HSP) mall. The assessee had developed a mall with around 5 million square feet of retail space currently leased at its projects. The construction of the "immovable property" which houses the retail space to be let out is done by the assessee himself

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)

80‟s, the assessee ventured into real estate market through development of "High Street Phoenix" (HSP) mall. The assessee had developed a mall with around 5 million square feet of retail space currently leased at its projects. The construction of the "immovable property" which houses the retail space to be let out is done by the assessee himself

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)

80‟s, the assessee ventured into real estate market through development of "High Street Phoenix" (HSP) mall. The assessee had developed a mall with around 5 million square feet of retail space currently leased at its projects. The construction of the "immovable property" which houses the retail space to be let out is done by the assessee himself

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)

80‟s, the assessee ventured into real estate market through development of "High Street Phoenix" (HSP) mall. The assessee had developed a mall with around 5 million square feet of retail space currently leased at its projects. The construction of the "immovable property" which houses the retail space to be let out is done by the assessee himself

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)

80‟s, the assessee ventured into real estate market through development of "High Street Phoenix" (HSP) mall. The assessee had developed a mall with around 5 million square feet of retail space currently leased at its projects. The construction of the "immovable property" which houses the retail space to be let out is done by the assessee himself

THE DY CIT, CIRCLE-4(1)(2),, AHMEDABAD vs. VODAFONE WEST LIMITED,, AHMEDABAD

In the result, the appeal by the Revenue is partly allowed for statistical\npurposes

house property'. It is,\ntherefore, directed to be considered as eligible for deduction u/s.80IA of\nthe Act.\"\nIn view of the above decision of the Co-ordinate Bench of the Tribunal,\nexclusion of cell site sharing revenue of INR.0.81 Crores from the business\nincome while computing deduction under Section 80IA of the Act cannot be\nsustained. Therefore, the Assessing Officer

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, disallowance of exemption under section 10 (38) of the act and addition on account of undisclosed income. 014. Assessment proceedings can be summarized as under:- Assessment Date of Returned Return Income Income year filing of income filed returned assessed as return of under under per (in Rupees) income section section assessment under 153A of 153A of the order

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, disallowance of exemption under section 10 (38) of the act and addition on account of undisclosed income. 014. Assessment proceedings can be summarized as under:- Assessment Date of Returned Return Income Income year filing of income filed returned assessed as return of under under per (in Rupees) income section section assessment under 153A of 153A of the order

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, disallowance of exemption under section 10 (38) of the act and addition on account of undisclosed income. 014. Assessment proceedings can be summarized as under:- Assessment Date of Returned Return Income Income year filing of income filed returned assessed as return of under under per (in Rupees) income section section assessment under 153A of 153A of the order

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, disallowance of exemption under section 10 (38) of the act and addition on account of undisclosed income. 014. Assessment proceedings can be summarized as under:- Assessment Date of Returned Return Income Income year filing of income filed returned assessed as return of under under per (in Rupees) income section section assessment under 153A of 153A of the order