ASST CIT CIR 2, THANE vs. SALASAR DEVELOPERS, THANE

The appeals of the Revenue are dismissed

Bench: Shri Joginder Singh & Shri N.K. Pradhan

153B and section 153C, all other provisions of this Act shall apply to the assessment made under this section; (ii) in an assessment or reassessment made in respect of an assessment year under this section, the tax shall be chargeable at the rate or rates as applicable to such assessment year. The scope and effect of insertion of section 153A

ASST CIT CIR 2, THANE vs. SALASAR DEVELOPERS, THANE

The appeals of the Revenue are dismissed

Bench: Shri Joginder Singh & Shri N.K. Pradhan

153B and section 153C, all other provisions of this Act shall apply to the assessment made under this section; (ii) in an assessment or reassessment made in respect of an assessment year under this section, the tax shall be chargeable at the rate or rates as applicable to such assessment year. The scope and effect of insertion of section 153A

M/S.BALAJI BULLION & COMMODITIES (INDIA) PRIVATE LIMITED,MUMBAI vs. DCIT CENTRAL CIRCLE-40, MUMBAI

In the result, both the appeals are allowed

Bench: Shri Prashant Maharishi, Am & Shri Amarjit Singh, Jm Balaji Bullion & Commodities The Dy. Commissioner Of (India) Private Limited Income–Tax, 118/120, 3Rd Floor, Ashoka Central Circle–40, Vs. House Zavri Baazar, Mumbai Mumbai-400 002 (Appellant) (Respondent) Pan No. Aadcbo236F Balaji Universal Tradelinks P. The Dy. Commissioner Of Ltd. Income–Tax, 118/120, 3Rd Floor, Ashoka Central Circle–40, Vs. House Zavri Baazar, Mumbai Mumbai-400 002

153B and section 153C, all other provisions of this Act shall apply to the assessment made under this section; (ii) in an assessment or reassessment made in respect of an assessment year under this section, the tax shall be chargeable at the rate or rates as applicable to such assessment year. The scope and effect of insertion of section 153A

ASSTT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-6(1), MUMBAI vs. HELIOS MERCANTILE LIMITED, MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-7(2)., MUMBAI vs. M/S CITRON INFRAPROJECTS LTD , MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

SVP SOUTH WEST INDUSTRIES LTD. (FORMERLY, PLATINUM TEXTILE LTD.),MUMBAI-400005 vs. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-8(2), MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

SHRIVALLABH PITTIE INDUSTRIES LTD ,MUMBAI. vs. DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-6(1), MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

HELLIOS EXPORTS LIMITED,MUMBAI vs. DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-6(1), MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

SVP GLOBAL TEXTILES LTD FORMERLY SVP GLOBAL VENTURES LTD,MUMBAI vs. DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-6(1), MUMBAI MUMBAI MUMB, MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

CITRON INFRAPROJECT LTD.,,MUMBAI-400005 vs. DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-7(2), MUMBAI-400020

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

SVP SOUTH WEST INDUSTRIES LTD. (FORMERLY, PLATINUM TEXTILE LTD.),MUMBAI vs. DCIT, CC- 8(2), MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

SVP SOUTH WEST INDUSTRIES LTD. (FORMERLY, PLATINUM TEXTILE LTD.),MUMBAI-400005 vs. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-8(2), MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-7(2), MUMBAI vs. M/S CITRON INFRAPROJECTS LTD, MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

CITRON INFRAPROJECT LTD.,,MUMBAI-400005 vs. DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-7(2), MUMBAI-20

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-7(2), MUMBAI vs. M/S CITRON INFRAPROJECTS LTD , MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

SVP GLOBAL TEXTILES LTD FORMERLY SVP GLOBAL VENTURES LTD MUMBAI ,MUMBAI vs. DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-6(1), MUMBAI , MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

ACIT (CC)-8(2) , MUMBAI vs. HELIOS EXPORTS LTD, MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B

ACIT (CC)-8(2) , MUMBAI vs. HELIOS EXPORTS LTD, MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm

reassessment shall be passed by an Assessing Officer below the SVP southwest Industries Ltd; A.Y. 16-17 & Ors rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 47[sub- section (1) of] section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B