DCIT CEN 5 3, MUMBAI, MUMBAI vs. ICICI LOMBARD GENERAL INSURANCE CO. LIMITED, MUMBAI

In the result, appeals of the Revenue are allowed partly

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

reassessment proceedings, notices were issued from time to time (including on 29.07.2022, 04.01.2023, 17.01.2023, time to time (including on 29.07.2022, 04.01.2023, 17.01.2023, time to time (including on 29.07.2022, 04.01.2023, 17.01.2023, 12.05.2023, and 19.05.2023). The Assessing Officer also afforded nd 19.05.2023). The Assessing Officer also afforded nd 19.05.2023). The Assessing Officer also afforded an opportunity of virtual hearing on 22.05.2023. Pursuant

DCIT CEN 5 3, MUMBAI, MUMBAI vs. ICICI LOMBARD GENERAL INSURANCE CO. LIMITED, MUMBAI

In the result, appeals of the Revenue are allowed partly

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

reassessment proceedings, notices were issued from time to time (including on 29.07.2022, 04.01.2023, 17.01.2023, time to time (including on 29.07.2022, 04.01.2023, 17.01.2023, time to time (including on 29.07.2022, 04.01.2023, 17.01.2023, 12.05.2023, and 19.05.2023). The Assessing Officer also afforded nd 19.05.2023). The Assessing Officer also afforded nd 19.05.2023). The Assessing Officer also afforded an opportunity of virtual hearing on 22.05.2023. Pursuant

DCIT CEN 5 3, MUMBAI, MUMBAI vs. ICICI LOMBARD GENERAL INSURANCE CO. LIMITED, MUMBAI

In the result, appeals of the Revenue are allowed partly

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

reassessment proceedings, notices were issued from time to time (including on 29.07.2022, 04.01.2023, 17.01.2023, time to time (including on 29.07.2022, 04.01.2023, 17.01.2023, time to time (including on 29.07.2022, 04.01.2023, 17.01.2023, 12.05.2023, and 19.05.2023). The Assessing Officer also afforded nd 19.05.2023). The Assessing Officer also afforded nd 19.05.2023). The Assessing Officer also afforded an opportunity of virtual hearing on 22.05.2023. Pursuant

JEEVANDEEP EDUMEDIA PRIVATE LIMITED,MUMBAI vs. PRINCIPLE CIT-6, MUMBAI

In the result, the a In the result, the appeal of the assessee is stands allowed

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Assessment Year: 2020-21 Jeevandeep Edumedia Pvt. Ltd., Pr. Cit-6, 1St Floor, Sun Paradise Business 501,5Th Floor, Aayakar Bhavan, Plaza, Senapati Bapat Marg, Vs. Maharishi Karve Road, Lower Parel (West), Mumbai-400020. Mumbai-400013. Pan No. Aabcj 0180 G Appellant Respondent

section 142(1) of the Income-tax Act, 1961: tax Act, 1961: Jeevandeep Edumedia Pvt. Ltd. Jeevandeep Edumedia Pvt. Ltd. 1. You have claimed donations given on a/c of CSR 1. You have claimed donations given on a/c of CSR 1. You have claimed donations given on a/c of CSR expenditure of Rs.24,98,000/ expenditure of Rs.24

LIC HOUSING FINANCE LIMITED,MUMBAI vs. ACIT 2(2)(1), MUMBAI, AAYKAR BHAVAN, MUMBAI

In the result, the appeal of the assessee is allowed

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan () Assessment Year: 2017-18

section 37(1) redundant. The statutory distinction between business 37(1) redundant. The statutory distinction between business 37(1) redundant. The statutory distinction between business deductions and Chapter VI deductions and Chapter VI-A incentives must be respected, and A incentives must be respected, and their misuse avoided in letter and spirit. their misuse avoided in letter and spirit. Accordingly

JAMNADAS VIRJI SHARES AND STOCK BROKERS PRIVATE LIMITED,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX 4(3)(1), MUMBAI

37(1) for all the years. In Assessment Year 2016–17,\ndividend income claimed as exempt under section 10(34) was also\nbrought to tax. Consequential interest was levied and penalty\nproceedings were initiated.\n2.5. Aggrieved by the reassessment

DCIT 3.2.1, MUMBAI vs. THE NEW INDIA ASSURANCE CO LIMITED, MUMBAI

reassessment order passed under section \n143(3) read with section 147 of the Income Tax Act (‘the \nAct’) as valid. \n2. The CIT(A) failed to appreciate the fact that in the reasons \nrecorded, the AO has not disclosed any specific non- \nITA No. 2616-2623 /Mum /2024, ITA No. 2845, 2841, 2836, 2834, \n2827

ASSTT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3, THANE vs. M/S. AMEYA BUILDERS & PROPERTY DEVELOPERS, MUMBAI

reassessment / assessment under section 153A of the Income Tax Act, 1961. 4. On the facts and in the circumstances of the case and in law, the Ld. CIT(A) has erred in allowing additional claim of deduction u/s 80IB(10) without appreciating that as per section 80A(5) of the Act the benefit of enhanced deduction u/s 80IB(10

M/S. AMEYA BUILDERS & PROPERTY DEVELOPERS,MUMBAI vs. ASSTT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3, THANE

reassessment / assessment under section 153A of the Income Tax Act, 1961. 4. On the facts and in the circumstances of the case and in law, the Ld. CIT(A) has erred in allowing additional claim of deduction u/s 80IB(10) without appreciating that as per section 80A(5) of the Act the benefit of enhanced deduction u/s 80IB(10

DCIT 3.2.1, MUMBAI vs. THE NEW INDIA ASSURANCE CO LIMITED, MUMBAI

Section 37\n==End of OCR for page 10==\nof the Act in respect of identical payments made to motor car\ndealers by the Assessee. After referring to the tangible material,\nthe Assessing Officer initiate reassessment

HDFC ERGO GENERAL INSURANCE COMPANY LIMITED,MUMBAI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 6(2), MUMBAI, MUMBAI

In the result, appeal filed by the assesse bearing ITA No

10 then provisions\nof section 14A is also applicable in the case of assessee?\"\niii. \"Whether on the facts and circumstances of the case and in law, the Ld. CIT(A) erred in\ndeleting the addition.\"\n4. The revenue has filed the appeal with delay for 8days. The Ld. AR had not\nmade any objection related to delay of revenue

JAMNADAS VIRJI SHARES AND STOCK BROKERS PRIVATE LIMITED ,MUMBAI vs. DCIT, 4(3)(1), MUMBAI

37(1) for all the years. In Assessment Year 2016–17,\ndividend income claimed as exempt under section 10(34) was also\nbrought to tax. Consequential interest was levied and penalty\nproceedings were initiated.\n2.5. Aggrieved by the reassessment

THE NEW INDIA ASSURANCE CO. LTD ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3(2)(2), MUMBAI

37 \nITA No. 2616-2623 /Mum /2024, ITA No. 2845, 2841, 2836, 2834, \n2827, 2830 & 2823 / Mum / 2024 & C.O. No. 97 & 96 / Mum / 2024 \n Assessment Year 2010-2011, 2012-2013 to 2019-2020 \n10 \nof the Act in respect of identical payments made to motor car \ndealers by the Assessee. After referring to the tangible material, \nthe Assessing Officer

JAMNADAS VIRJI SHARES AND STOCK BROKERS PVT LTD,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX 4(3)(1), MUMBAI

37(1) for all the years. In Assessment Year 2016–17,\ndividend income claimed as exempt under section 10(34) was also\nbrought to tax. Consequential interest was levied and penalty\nproceedings were initiated.\n2.5. Aggrieved by the reassessment

DCIT 3.2.1, MUMBAI vs. THE NEW INDIA ASSURANCE CO LIMITED, MUMBAI

37\nITA No. 2616-2623 /Mum /2024, ITA No. 2845, 2841, 2836, 2834,\n2827, 2830 & 2823 / Mum / 2024 & C.O. No. 97 & 96 / Mum / 2024\n Assessment Year 2010-2011, 2012-2013 to 2019-2020\n10\nof the Act in respect of identical payments made to motor car\ndealers by the Assessee. After referring to the tangible material,\nthe Assessing Officer

THE NEW INDIA ASSURANCE CO. LTD ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE -3(2)(2), MUMBAI

37\n\nITA No. 2616-2623 /Mum /2024, ITA No. 2845, 2841, 2836, 2834,\n2827, 2830 & 2823 / Mum / 2024 & C.O. No. 97 & 96 / Mum / 2024\n Assessment Year 2010-2011, 2012-2013 to 2019-2020\n11\nof the Act in respect of identical payments made to motor car\ndealers by the Assessee. After referring to the tangible material,\nthe Assessing

THE NEW INDIA ASSURANCE CO. LTD,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX , INCOME TAX OFFICER, NFAC, MUMBAI

Accordingly, in terms of the aforesaid, Ground No. 3 to\n7 raised by the Assessee pertaining to merits of such\nadditions/disallowances are dismissed as having been rendered\ninfructuous

Bench: "CLEAN_TEXT": "IN THE INCOME TAX APPELLATE TRIBUNAL\n\"I\" BENCH, MUMBAI\n\nSHRI VIKRAM SINGH YADAV , ACCOUNTANT MEMBER\nSHRI RAHUL CHAUDHARY (Judicial Member)

37\n\nITA No. 2616-2623 /Mum /2024, ITA No. 2845, 2841, 2836, 2834,\n2827, 2830 & 2823 / Mum / 2024 & C.O. No. 97 & 96 / Mum / 2024\n Assessment Year 2010-2011, 2012-2013 to 2019-2020\n11\n\nof the Act in respect of identical payments made to motor car\ndealers by the Assessee. After referring to the tangible material,\nthe

JAMNADAS VIRJI SHARES AND STOCK BROKERS PRIVATE LIMITED,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX 4(3)(1), MUMBAI

37(1) for all the years. In Assessment Year 2016–17,\ndividend income claimed as exempt under section 10(34) was also\nbrought to tax. Consequential interest was levied and penalty\nproceedings were initiated.\n2.5. Aggrieved by the reassessment

DCIT 3.2.1, MUMBAI vs. THE NEW INDIA ASSURANCE CO LIMITED, MUMBAI

Accordingly, in terms of the aforesaid, Ground No. 3 to\n7 raised by the Assessee pertaining to merits of such\nadditions/disallowances are dismissed as having been rendered\ninfructuous

37\n\nITA No. 2616-2623 /Mum /2024, ITA No. 2845, 2841, 2836, 2834,\n2827, 2830 & 2823 / Mum / 2024 & C.O. No. 97 & 96 / Mum / 2024\n Assessment Year 2010-2011, 2012-2013 to 2019-2020\n11\n\nof the Act in respect of identical payments made to motor car\ndealers by the Assessee. After referring to the tangible material,\nthe