SUJATA PRAMOD DALVI,THANE vs. DCIT CC, THANE

penalty u/s 271(l)(c) even though no income is concealed & C1T(A) erred in confirming the same.”\n2.4. In addition to above grounds, the assessee also filed the following additional grounds of appeal: -\n“Without prejudice to the grounds of appeals appended to the appeal memo the appellant seeks to raise the following additional legal ground of appeal

M/S. JAGRUTI COMPUTECH PVT LTD,MUMBAI vs. ITO, WARD, 1(2)(1), MUMBAI

The appeal of the appellant is allowed

Bench: SHRI OM PRAKASH KANT, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

202, Maker Bhavan, 3, 21, New Marine Lines, Churchgate, Mumbai – 400020. Maharashtra. [PAN:AABCJ4436H] …………. Appellant Vs Income Tax Officer Ward 1(2)(1) Aaykar Bhavan, Mumbai - 400020 Maharashtra. …………. Respondent Appearance For the Appellant/Assessee : Shri H. S. Raheja For the Respondent/Department : Shri Kiran Unavekar Date Conclusion of hearing : 01.04.2025 Pronouncement of order : 07.04.2025 O R D E R [ Per Rahul Chaudhary

DCIT CIR. 4(2), MUMBAI vs. M/S. S.B.I CAPITAL MARKETS LTD., MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

SBI CAPITAL MARKETS LTD,MUMBAI vs. ASST CIT LTU, MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

M/S. SBI CAPITAL MARKETS LTD. vs. THE ACIT RG-4(3)(3),

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

SBI CAPITAL MARKET LIMITED,MUMBAI vs. ADDL. C.I.T. LTU, MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

SBI CAPITAL MARKETS LTD,MUMBAI vs. ACIT LTU, MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

M/S. SBI CAPITAL MARKETS LTD.,MUMBAI vs. DCIT CIR. 4(2), MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

M/S. SBI CAPITAL MARKETS LTD.,MUMBAI vs. CIT (A)-IV, MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

SBI CAPITAL MARKETS LTD.,MUMBAI vs. A.C.I.T. LTU, MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

SBI CAPITAL MARKETS LTD.,MUMBAI vs. DCIT RANGE 4(2), MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

SBI CAPITAL MARKETS LTD.,MUMBAI vs. JCIT SPECIAL RANGE, MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

M/S. SBI CAPITAL MARKETS LTD. vs. THE JT CIT SR-27,

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

M/S. SBI CAPITAL MARKETS LTD.,MUMBAI vs. DCIT CIR. 4(2), MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

M/S. SBI CAPITAL MARKETS LTD,MUMBAI vs. THE ACIT CIR 4(2), MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

M/S. SBI CAPITAL MARKETS LTD.,MUMBAI vs. DCIT CIR. 4(2), MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

202, Maker Tower E, Cuffe Parede, P a g e | 4 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) R.No. 642, 6th Floor, Mumbai – 05 Aaykar Bhavan, M.K.Road, Mumbai – 20 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACS7914E Appellant .. Respondent Appellant by : Nithesh Joshi Respondent by : Hemant Kumar Chimanlal Leuva Date of Hearing 18.10.2022 Date

ASST. COMMISSIONER OF INCOME TAX, MUMBAI vs. NANUBHAI N DESAI, MUMBAI

In the result, both the appeals of the Revenue are allowed for In the result, both the appeals of the Revenue are allowed for In the result, both the appeals of the Revenue are allowed for statisti...

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

202, 2nd floor, Kautilya Bhavan, 3, Aashirwad 51, Vallabh Vs. BKC, Bandra (E) Nagar N.S. Road No. 2, JVPD Mumbai-400051. Scheme Vile Parle (West), Mumbai-400056. PAN NO. ADNPD 9241 N Appellant Respondent : Dr. Tusharkumar Desai Assessee by Revenue by : Mr. Ashok Kumar Ambastha, Sr. DR Date of Hearing : 28/05/2024 Date of pronouncement : 30/05/2024 ORDER PER OM PRAKASH KANT

ASST.CIT-32(1), MUMBAI, MUMBAI vs. NANUBHAI N DESAI, MUMBAI

In the result, both the appeals of the Revenue are allowed for In the result, both the appeals of the Revenue are allowed for In the result, both the appeals of the Revenue are allowed for statisti...

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

202, 2nd floor, Kautilya Bhavan, 3, Aashirwad 51, Vallabh Vs. BKC, Bandra (E) Nagar N.S. Road No. 2, JVPD Mumbai-400051. Scheme Vile Parle (West), Mumbai-400056. PAN NO. ADNPD 9241 N Appellant Respondent : Dr. Tusharkumar Desai Assessee by Revenue by : Mr. Ashok Kumar Ambastha, Sr. DR Date of Hearing : 28/05/2024 Date of pronouncement : 30/05/2024 ORDER PER OM PRAKASH KANT