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)

reassessment\nproceedings under Section 147 of the Act and the Assessment\nOrder, dated 29/12/2017, passed under Section 143(3) read\nwith Section 147 of Act are also quashed. Thus Ground No.1\nraised by the Assessee is allowed and Ground No.2 is dismissed\nas having been rendered infructuous.\n\nGround No.3 to 7:\n\n19.\nGround No. 3 to 7 raised

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

reassessment\nproceedings under Section 147 of the Act and the Assessment\nOrder, dated 29/12/2017, passed under Section 143(3) read\nwith Section 147 of Act are also quashed. Thus Ground No.1\nraised by the Assessee is allowed and Ground No.2 is dismissed\nas having been rendered infructuous.\n\nGround No.3 to 7:\n\n19. Ground No. 3 to 7 raised

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

reassessment\nproceedings under Section 147 of the Act and the Assessment\nOrder, dated 29/12/2017, passed under Section 143(3) read\nwith Section 147 of Act are also quashed. Thus Ground No.1\nraised by the Assessee is allowed and Ground No.2 is dismissed\nas having been rendered infructuous.\n\nGround No.3 to 7:\n\n19. Ground No. 3 to 7 raised

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

reassessment \nproceedings under Section 147 of the Act and the Assessment \nOrder, dated 29/12/2017, passed under Section 143(3) read \nwith Section 147 of Act are also quashed. Thus Ground No.1 \nraised by the Assessee is allowed and Ground No.2 is dismissed \nas having been rendered infructuous. \nGround No.3 to 7: \n19. Ground No. 3 to 7 raised

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

reassessment \nproceedings under Section 147 of the Act and the Assessment \nOrder, dated 29/12/2017, passed under Section 143(3) read \nwith Section 147 of Act are also quashed. Thus Ground No.1 \nraised by the Assessee is allowed and Ground No.2 is dismissed \nas having been rendered infructuous. \nGround No.3 to 7: \n19. Ground No. 3 to 7 raised

DY COMMISSIONER OF INCOME TAX (EXEMPTION)-2(1), MUMBAI vs. SIR DORABJI TATA TRUST , MUMBAI

In the result, appeal filed by the revenue is dismissed and cross appeal filed by the assessee is allowed

sections": [ "147", "144B", "148", "13(1)(c)", "13(1)(d)", "13(2)(h)", "13(3)", "11", "12", "10(34)", "263" ], "issues": "Whether the reassessment

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

Accordingly, Ground No.1 to 4 raised by the Assessee are allowed

Bench: SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

reassessment proceedings under Section 147 of the Act and the Assessment Order, dated 29/12/2017, passed under Section 143(3) read with Section 147 of Act are also quashed. Thus Ground No.1 raised by the Assessee is allowed and Ground No.2 is dismissed as having been rendered infructuous. Ground No.3 to 7: 19. Ground No. 3 to 7 raised

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

Accordingly, Ground No.1 to 4 raised by the Assessee are allowed

Bench: SHRI VIKRAM SINGH YADAV , ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

reassessment proceedings under Section 147 of the Act and the Assessment Order, dated 29/12/2017, passed under Section 143(3) read with Section 147 of Act are also quashed. Thus Ground No.1 raised by the Assessee is allowed and Ground No.2 is dismissed as having been rendered infructuous. Ground No.3 to 7: 19. Ground No. 3 to 7 raised

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

Accordingly, Ground No.1 to 4 raised by the Assessee are allowed

Bench: SHRI VIKRAM SINGH YADAV , ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

reassessment proceedings under Section 147 of the Act and the Assessment Order, dated 29/12/2017, passed under Section 143(3) read with Section 147 of Act are also quashed. Thus Ground No.1 raised by the Assessee is allowed and Ground No.2 is dismissed as having been rendered infructuous. Ground No.3 to 7: 19. Ground No. 3 to 7 raised

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

Accordingly, Ground No.1 to 4 raised by the Assessee are allowed

Bench: SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

reassessment proceedings under Section 147 of the Act and the Assessment Order, dated 29/12/2017, passed under Section 143(3) read with Section 147 of Act are also quashed. Thus Ground No.1 raised by the Assessee is allowed and Ground No.2 is dismissed as having been rendered infructuous. Ground No.3 to 7: 19. Ground No. 3 to 7 raised

SIR DORABJI TATA TRUST ,MUMBAI vs. CIT (APPEALS) NFAC, MUMBAI

In the result, appeal filed by the revenue is dismissed and cross\nappeal filed by the assessee is allowed

sections": [ "147", "144B", "148", "139", "142(1)", "13(3)", "13(1)(c)", "13(1)(d)", "13(2)(h)", "11", "12", "10(34)" ], "issues": "Whether the reassessment

ESTATE OF VANDRAVAN P SHAH,MUMBAI vs. ASSISTANT COMISSIONER OF INCOME TAX, CIRCLE 19(3), MUMBAI

In the result all the three captioned appeals are dismissed

Bench: Sandeep Gosain () & Shri Om Prakash Kant ()

13, which relate to periods prior to the date of death. prior to the date of death. 9.2 Under the provisions of section 159 of the Act, the legal Under the provisions of section 159 of the Act, the legal Under the provisions of section 159 of the Act, the legal representative is deemed to be liable to di representative

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

reassessment \nproceedings under Section 147 of the Act and the Assessment \nOrder, dated 29/12/2017, passed under Section 143(3) read \nwith Section 147 of Act are also quashed. Thus Ground No.1 \nraised by the Assessee is allowed and Ground No.2 is dismissed \nas having been rendered infructuous.\nGround No.3 to 7:\n19. Ground No. 3 to 7 raised

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

reassessment\nproceedings under Section 147 of the Act and the Assessment\nOrder, dated 29/12/2017, passed under Section 143(3) read\nwith Section 147 of Act are also quashed. Thus Ground No.1\nraised by the Assessee is allowed and Ground No.2 is dismissed\nas having been rendered infructuous.\n\nGround No.3 to 7:\n\n19. Ground No. 3 to 7 raised

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

reassessment\nproceedings under Section 147 of the Act and the Assessment\nOrder, dated 29/12/2017, passed under Section 143(3) read\nwith Section 147 of Act are also quashed. Thus Ground No.1\nraised by the Assessee is allowed and Ground No.2 is dismissed\nas having been rendered infructuous.\nGround No.3 to 7:\n19. Ground No. 3 to 7 raised

ESSEL MINING & INDUSTRIES LIMITED,MUMBAI vs. DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4), MUMBAI

In the result, the appeal of the Revenue for assessment year the result, the appeal of the Revenue for assessment year the result, the appeal of the Revenue for assessment year

Bench: Shri Aby T Varkey () & Shri Om Prakash Kant () Assessment Year: 2011-12 & Assessment Year: 2012-13 Essel Mining & Industries Ltd., Dy. Cit, Central Circle-1(4), Industry House, 18Th Floor, 10, 9Th Floor, Old Cgo Building, Camac Street, Vs. Mk Road, Kolkata-700017. Mumbai-400020. Pan No. Aaace 6607 L Appellant Respondent Assessment Year: 2011-12 & Assessment Year: 2012-13 Jcit, Central Circle-1(4), M/S Essel Mining & Industries Room No. 902, Pratishtha Ltd., Bhavan, 9Th Floor, Old Cgo Vs. Industry House, 18Th Floor, 10, Building Annexe, Camac Street, Mumbai-400020. Kolkata-700017. Pan No. Aaace 6607 L Appellant Respondent Assessment Year: 2011-12 M/S Essel Mining & Industries Dy. Cit, Central Circle-1(4), Ltd., 9Th Floor, Old Cgo Building, Vs. Industry House, 18Th Floor, 10, Mk Road

reassessments finalized for finalized for the the the assessment years covered under Section 153A of the assessment years covered under Section 153A of the assessment years covered under Section 153A of the Essel Mining & Industries Ltd. ITA Nos. 1020, 1019, 1550 & 1548/M/2018 & 1970/M/2022 Income Income-tax Act stand abated cannot be accepted. tax Act stand abated cannot be accepted. Similarly

ESSEL MINING & INDUSTRIES LIMITED,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX - CENTRAL CIRCLE 1(4), MUMBAI

In the result, the appeal of the Revenue for assessment year the result, the appeal of the Revenue for assessment year the result, the appeal of the Revenue for assessment year

Bench: Shri Aby T Varkey () & Shri Om Prakash Kant () Assessment Year: 2011-12 & Assessment Year: 2012-13 Essel Mining & Industries Ltd., Dy. Cit, Central Circle-1(4), Industry House, 18Th Floor, 10, 9Th Floor, Old Cgo Building, Camac Street, Vs. Mk Road, Kolkata-700017. Mumbai-400020. Pan No. Aaace 6607 L Appellant Respondent Assessment Year: 2011-12 & Assessment Year: 2012-13 Jcit, Central Circle-1(4), M/S Essel Mining & Industries Room No. 902, Pratishtha Ltd., Bhavan, 9Th Floor, Old Cgo Vs. Industry House, 18Th Floor, 10, Building Annexe, Camac Street, Mumbai-400020. Kolkata-700017. Pan No. Aaace 6607 L Appellant Respondent Assessment Year: 2011-12 M/S Essel Mining & Industries Dy. Cit, Central Circle-1(4), Ltd., 9Th Floor, Old Cgo Building, Vs. Industry House, 18Th Floor, 10, Mk Road

reassessments finalized for finalized for the the the assessment years covered under Section 153A of the assessment years covered under Section 153A of the assessment years covered under Section 153A of the Essel Mining & Industries Ltd. ITA Nos. 1020, 1019, 1550 & 1548/M/2018 & 1970/M/2022 Income Income-tax Act stand abated cannot be accepted. tax Act stand abated cannot be accepted. Similarly

DCIT IT 3.1.1, MUMBAI, MUMBAI vs. JEFFERIES LLC , MUMBAI

reassessment order passed under section\n143(3) read with section 147 read with section 144C(3) of the Act dated 10\nFebruary 2020, was passed without a document identification number and hence,\nthe order shall be regarded as invalid and deemed to never been issued.\nb. in not providing a copy of the remand report submitted by the Learned