M/S SAHAJ ANKUR DEVELOPERS ,MUMBAI vs. DY CIT 3 (4) , MUMBAI

In the result, the appeals of the assessee for AYs 2011-12 & 2012-13 are allowed and the appeal of the assessee for AY 2013-14 is allowed for statistical purposes

Bench: Shri Baskaran Br, Am & Shri Aby Tvarkey, Am आयकरअपीलसं/ I.T.A. No.330/Mum/2020 (निर्धारणवर्ा / Assessment Year: 2011-12) & आयकरअपीलसं/ I.T.A. No.331/Mum/2020 (निर्धारणवर्ा / Assessment Year: 2012-13) & आयकरअपीलसं/ I.T.A. No.332/Mum/2020 (निर्धारणवर्ा / Assessment Year: 2013-14) Sahaj Ankur Developers बिधम/ Dcit-Cc, 3(4) B-301, Sorrento Building 19Th Floor, Air India Vs. Besant Road, Santcruz (W) Building, Nariman Point, Mumbai-400021. Mumbai-400054. स्थधयीलेखधसं./जीआइआरसं./Pan/Gir No. : Aawfs2944L (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent)

158B(b) of the Act, it is at once clear that a statement recorded under Section 132(4) 13 ITA. Nos. 330 to 332/Mum/2020 AYs. 2011-12 to 2013-14 Sahaj Ankur Developers of the Act can be used in evidence for making a block assessment only if the said statement is made in the context of other evidence

M/S SAHAJ ANKUR DEVELOPERS ,MUMBAI vs. DY CIT 3 (4) , MUMBAI

In the result, the appeals of the assessee for AYs 2011-12 & 2012-13 are allowed and the appeal of the assessee for AY 2013-14 is allowed for statistical purposes

Bench: Shri Baskaran Br, Am & Shri Aby Tvarkey, Am आयकरअपीलसं/ I.T.A. No.330/Mum/2020 (निर्धारणवर्ा / Assessment Year: 2011-12) & आयकरअपीलसं/ I.T.A. No.331/Mum/2020 (निर्धारणवर्ा / Assessment Year: 2012-13) & आयकरअपीलसं/ I.T.A. No.332/Mum/2020 (निर्धारणवर्ा / Assessment Year: 2013-14) Sahaj Ankur Developers बिधम/ Dcit-Cc, 3(4) B-301, Sorrento Building 19Th Floor, Air India Vs. Besant Road, Santcruz (W) Building, Nariman Point, Mumbai-400021. Mumbai-400054. स्थधयीलेखधसं./जीआइआरसं./Pan/Gir No. : Aawfs2944L (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent)

158B(b) of the Act, it is at once clear that a statement recorded under Section 132(4) 13 ITA. Nos. 330 to 332/Mum/2020 AYs. 2011-12 to 2013-14 Sahaj Ankur Developers of the Act can be used in evidence for making a block assessment only if the said statement is made in the context of other evidence

DCIT, CC-7(3), MUMBAI vs. SATISH JAGANNATH AGGARWAL, MUMBAI

In the result, the appeal of the revenue stand dismissed

158B-I the various provisions of Chapter XIV-B are made inapplicable to proceedings under section 153A/153C The effect of this is that while the provisions of Chapter XIV-B limit the inquiry by the Assessing Officer to those materials found during the search and seizure operation, no such P a g e | 2 DCIT, CC-6(3) Vs. Satish

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Bench: SHRI AMIT SHUKLA (Judicial Member), SHRI ARUN KHODPIA (Accountant Member)

158B to 158BI and which embodied the concept of a block assessment. A block assessment in search cases undertaken in terms of the provisions placed in Chapter XIVB was ordained to be undertaken simultaneously and parallelly to a regular assessment. Contrary to the scheme underlying Chapter XIVB, sections153A, 153B and 153C contemplate a merger of regular assessments with those that

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Bench: SHRI AMIT SHUKLA (Judicial Member), SHRI ARUN KHODPIA (Accountant Member)

158B to 158BI and which embodied the concept of a block assessment. A block assessment in search cases undertaken in terms of the provisions placed in Chapter XIVB was ordained to be undertaken simultaneously and parallelly to a regular assessment. Contrary to the scheme underlying Chapter XIVB, sections153A, 153B and 153C contemplate a merger of regular assessments with those that

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Bench: SHRI AMIT SHUKLA (Judicial Member), SHRI ARUN KHODPIA (Accountant Member)

158B to 158BI and which embodied the concept of a block assessment. A block assessment in search cases undertaken in terms of the provisions placed in Chapter XIVB was ordained to be undertaken simultaneously and parallelly to a regular assessment. Contrary to the scheme underlying Chapter XIVB, sections153A, 153B and 153C contemplate a merger of regular assessments with those that

ALPS CONSTRUCTION ,MUMBAI vs. ITO WARD 23(1)(1), MUMBAI

Bench: SHRI B R BASKARAN (Accountant Member), SHRI RAJ KUMAR CHAUHAN (Judicial Member)

158B to 158BI and which embodied the concept of a block assessment. A block assessment in search cases undertaken in terms of the provisions placed in Chapter XIVB was ordained to be undertaken simultaneously and parallelly to a regular assessment. Contrary to the scheme underlying Chapter XIVB, sections153A, 153B and 153C contemplate a merger of regular assessments with those that

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Accordingly, to give effect to this\norder after factual verification.\n8.14\nIn result the appeal of assessee in 3950 to\n3954/Mum/2025 for AY 2015-16 to 2018-19, are partly allowed\nfor statistic...

158B to 158BI and which\nembodied the concept of a block assessment. A block assessment in\nsearch cases undertaken in terms of the provisions placed in Chapter\nXIVA was ordained to be undertaken simultaneously and parallelly to\na regular assessment. Contrary to the scheme underlying Chapter\nXIVA, sections153A, 153B and 153C contemplate a merger of regular\nassessments with those that

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Accordingly, to give effect to this\norder after factual verification.\n8.14 In result the appeal of assessee in 3950 to\n3954/MUM/2025 for AY 2015-16 to 2018-19, are partly allowed\nfor statistica...

158B to 158BI and which\nembodied the concept of a block assessment. A block assessment in\nsearch cases undertaken in terms of the provisions placed in Chapter\nXIVA was ordained to be undertaken simultaneously and parallelly to\na regular assessment. Contrary to the scheme underlying Chapter\nXIVA, sections153A, 153B and 153C contemplate a merger of regular\nassessments with those that

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Accordingly, to give effect to this\norder after factual verification.\n8.14\nIn result the appeal of assessee in 3950 to\n3954/Mum/2025 for AY 2015-16 to 2018-19, are partly allowed\nfor statistic...

158B to 158BI and which\nembodied the concept of a block assessment. A block assessment in\nsearch cases undertaken in terms of the provisions placed in Chapter\nXIVB was ordained to be undertaken simultaneously and parallelly to\na regular assessment. Contrary to the scheme underlying Chapter\nXIVA, sections153A, 153B and 153C contemplate a merger of regular\nassessments with those that

MOHAMMAD SALEEM,NEW DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 4(4), MUMBAI, MUMBAI

Accordingly, to give effect to this\norder after factual verification.\n8.14 In result, the appeal of assessee in 3950 to\n3954/Mum/2025 for AY 2015-16 to 2018-19, are partly allowed\nfor statistic...

158B to 158BI and which\nembodied the concept of a block assessment. A block assessment in\nsearch cases undertaken in terms of the provisions placed in Chapter\nXIVB was ordained to be undertaken simultaneously and parallelly to\na regular assessment. Contrary to the scheme underlying Chapter\nXIVB, sections153A, 153B and 153C contemplate a merger of regular\nassessments with those that

SHRI AVINASH NIVRUTTI BHOSALE,PUNE vs. DY CIT CENTRAL CIR-2(3), MUMBAI

In the result, both the appeals filed by the assessee are allowed

Bench: Shri Kuldip Singh & Shri Gagan Goyal & Shri Avinash Nivrutti Bhosale, 2, Abil House, Ganesh Khind Road, Range Hill Corner, Pune-411 007 ...... Appellant Vs. Dcit Cent. Cir 2(3) 8Th Floor, R. No. 803, Old Cgo Bldg, Pratistha Bhavan, M. K. Road, Mumbai-400 020 Pan – Abtpb8151F ..... Respondent

158B (b) of the Act, it is at once clear that a statement recorded under section 132(4) of the Act can be used in evidence for making a block assessment only if the said statement is made in the context of other evidence or material discovered during the search. A statement of a person, which is not relatable

DCIT, CENTRAL CIRCLE 3(3), MUMBAI, MUMBAI vs. AVAADA VENTURES PVT. LTD , MUMBAI

In the result, all the appeals of the Revenue are\ndismissed as well as Cross Objections of the assessee are\ndismissed as infructuous

158B(1) of the Act which\nexpressly restricts the computation of undisclosed income to the\nevidence found during search, the statement recorded under\nSection 132(4) of the Act can form a basis for a block assessment\nonly if such statement relates to any incriminating evidence of\nundisclosed income unearthed during search and cannot be the\nsole basis for making

SHRI AVINASH NIVRUTTI BHOSALE,PUNE vs. DY CIT CENTRAL CIR-2(3, MUMBAI

Accordingly, this appeal filed by the assessee is allowed

Bench: Shri S. Rifaur Rahman, Hon'Ble & Shri Sandeep Singh Karhail, Hon'Ble

reassessment shall be issued by the Assessing Officer for the relevant assessment year or years unless— (a) the Assessing Officer has in his possession books of account or other documents or evidence which reveal that the income, represented in the form of asset, which has escaped assessment amounts to or is likely to amount to fifty lakh rupees or more

SHRI AVINASH NIVRUTTI BHOSALE,PUNE vs. DY CIT CENTRAL CIR-2(3), MUMBAI

Accordingly, this appeal filed by the assessee is allowed

Bench: Shri S. Rifaur Rahman, Hon'Ble & Shri Sandeep Singh Karhail, Hon'Ble

reassessment shall be issued by the Assessing Officer for the relevant assessment year or years unless— (a) the Assessing Officer has in his possession books of account or other documents or evidence which reveal that the income, represented in the form of asset, which has escaped assessment amounts to or is likely to amount to fifty lakh rupees or more

MRS SUNITA SHYAM MALPANI,MUMBAI vs. INCOME TAX OFFICER, WARD 25(1)(3), MUMBAI

In the result, the appeal filed by the assessee is allowed

Bench: Shri Pavan Kumar Gadalesunita Shyam Malpani, Vs. Ito 25(1)(3), 701,Plot No.117, Room No.703, Karanapartment, Kautilyabhavan, Lokhandwalacomplex, Bandra Bkc, Andheri (W), Mumbai-400051. Mumbai-400053. "थायी लेखा सं./जीआइआर सं.Pan/Gir No.Acppm8552J (अपीलाथ"/Applicant) (""यथ"/Respondent)

158B (b) of the Act, it is at once clear that a statement recorded under Section 132(4) of the Act can be used in evidence for making a block assessment only if the said statement is made in the context of other evidence or material discovered during the search. A statement of a person, which is not relatable

MARINE GEMS PVT. LTD.,MUMBAI vs. DCIT - CC- 8 (3), MUMBAI

In the result appeal filed by the assessee for assessment year,

Bench: Shri Prashant Maharishi, Am & Shri Kuldip Singh, Jm

158B-1 the various provisions of Chapter XIV-B are made inapplicable to proceedings under section 153A/153C. The effect of this is that while the provisions of Chapter XIV-B limit the inquiry by the Assessing Officer to those materials found during the search and seizure operation, no such limitation is found in so far as section 153A/153C is concerned

FRONTLINE DIAMOND PVT. LTD.,MUMBAI vs. DCIT - CC -8 (3), MUMBAI

In the result appeal filed by the assessee for assessment year,

Bench: Shri Prashant Maharishi, Am & Shri Kuldip Singh, Jm

158B-1 the various provisions of Chapter XIV-B are made inapplicable to proceedings under section 153A/153C. The effect of this is that while the provisions of Chapter XIV-B limit the inquiry by the Assessing Officer to those materials found during the search and seizure operation, no such limitation is found in so far as section 153A/153C is concerned

MARINE GEMS PVT. LTD.,MUMBAI vs. DCIT - CC- 8 (3), MUMBAI

In the result appeal filed by the assessee for assessment year,

Bench: Shri Prashant Maharishi, Am & Shri Kuldip Singh, Jm

158B-1 the various provisions of Chapter XIV-B are made inapplicable to proceedings under section 153A/153C. The effect of this is that while the provisions of Chapter XIV-B limit the inquiry by the Assessing Officer to those materials found during the search and seizure operation, no such limitation is found in so far as section 153A/153C is concerned