SHYAM KUMAR SADASHIVAN PILLAI,MUMBAI vs. INCOME TAX OFFICER, CIRCLE 27(3)(1), NAVI MUMBAI

In the result, the appeal is allowed

Bench: Ms Padmavathy S, Am & Shri Raj Kumar Chauhan, Jm

271A, section 271AA, section 271B, section 271BA, section 271BB, section 271C, section 271CA, section 271D, section 271E, section 271F, section 271FA, section 271FAB, section 271FB, section 271G, section 271GA, section 271GB, section 271H, section 271-I, section 271J, clause (c) or clause (d) of sub-section (1) or sub-section (2) of section 272A, sub-section (1) of section 272AA

ADDL CIT R G 7(1), MUMBAI vs. NOVARTIS INDIA LTD ( FORMERLY KNOWN AS HINDUSTAN CIBA GIEGY LTD. ), MUMBAI

Bench: Shri Amit Shukla, Hon'Ble & Shri S. Rifaur Rahman, Hon'Blem/S. Novartis India Limited V. Asst. Commissioner Of Income –Tax - 7(2)(2) {Earlier Addl. Commissioner Of Income –Tax – 7(1)} 6Th& 7Th Floor 1St Floor, Aayakar Bhavan Inspire Bkc M.K. Road, Mumbai - 400020 “G” Block, Bkc Main Road Bandra Kurla Complex, Bandra (E) Mumbai – 400051 Pan: Aaach2914F (Appellant) (Respondent) Addl. Commissioner Of Income –Tax – 7(1) V. M/S. Novartis India Limited Room No. 622, Aayakar Bhavan {Earlier Known As Hindustan Ciba Giegy Ltd.,} Sandoz House, Dr. A.B. Road M.K. Road, Mumbai - 400020 Worli, Mumbai – 400018 Pan: Aaach2914F (Appellant) (Respondent) Co No.190/Mum/2011 [Arising Out Of Ita No.6772/Mum/2010 (A.Y. 2002-03)] M/S. Novartis India Limited V. Addl. Commissioner Of Income –Tax – 7(1)} Room No. 622, Aayakar Bhavan {Earlier Known As Hindustan Ciba Giegy Ltd.,} Sandoz House, Dr. A.B. Road M.K. Road, Mumbai - 400020 Worli, Mumbai – 400018 Pan: Aaach2914F (Appellant) (Respondent)

271A,section 271J or section 272A; or (b) an order passed by an Assessing Officer under clause (c) of section 158BC, in respect of search initiated under section 132 or books of account, other documents or any assets requisitioned under section 132A, after the 30th day of June, 1995, but before the 1st day of January, 1997; or an order

APEX EDUCATION SOLUTIONS ,MUMBAI vs. ITO WARD 33(1)(1), MUMBAI

In the result, all the appeals of the assessee are allowed

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI OM PRAKASH KANT (Accountant Member)

reassessment proceedings, the AO noticed that the assessee’s turnover exceeded the statutory threshold requiring a tax audit under Section 44AB of the Income-tax Act, 1961 (“the Act”), but no such audit report had been furnished. The ld AO, therefore, issued a show cause notice proposing to levy penalty u/s 271B of the Act, directing the assessee

APEX EDUCATION SOLUTIONS,MUMBAI vs. ITO WARD 33(1)(1), MUMBAI

In the result, all the appeals of the assessee are allowed

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI OM PRAKASH KANT (Accountant Member)

reassessment proceedings, the AO noticed that the assessee’s turnover exceeded the statutory threshold requiring a tax audit under Section 44AB of the Income-tax Act, 1961 (“the Act”), but no such audit report had been furnished. The ld AO, therefore, issued a show cause notice proposing to levy penalty u/s 271B of the Act, directing the assessee

APEX EDUCATION SOLUTIONS ,MUMBAI vs. ITO WARD 33(1)(1), MUMBAI

In the result, all the appeals of the assessee are allowed

reassessment proceedings, the AO noticed that the assessee's turnover exceeded the statutory threshold requiring a tax audit under Section 44AB of the Income-tax Act, 1961 (“the Act”), but no such audit report had been furnished. The ld AO, therefore, issued a show cause notice proposing to levy penalty u/s 271B of the Act, directing the assessee

DATTATRAY NAMDEV SURYAWANSHI,PANVEL vs. ASSESSMENT UNIT, INCOME TAX DEPARTMENT, NEW DELHI

In the result, appeal filed by assessee is allowed

Bench: Shri Amit Shukla & Shri Girish Agrawalassessment Year: 2018-19

271A, 271B, and 272A(1)(d) of the Income Tax Act, 1961. " 3. For the year under consideration, assessee contended on the legal issue that approval obtained by the ld. Assessing Officer for the purpose of issuing notice u/s 148 is not in accordance with the provisions of section 151 under the new regime of reassessment

NGC NETWORK ASIA LLC,MUMBAI vs. DCIT (IT) RG 3(3)(1), MUMBAI

In the result, all the appeals are allowed in the terms indicated above

reassessment proceedings is time barred under proviso to Section 147 of the Act in the absence of failure on the part of the Appellant to fully and truly disclose all material facts, as the same has been initiated after the expiry of four years from the end of relevant AY and scrutiny assessment proceedings for subject AY has been completed

NGC NEWORK ASIA LLC,MUMBAI vs. DCIT (IT) RG 3(3)(1), MUMBAI

In the result, all the appeals are allowed in the terms indicated above

reassessment proceedings is time barred under proviso to Section 147 of the Act in the absence of failure on the part of the Appellant to fully and truly disclose all material facts, as the same has been initiated after the expiry of four years from the end of relevant AY and scrutiny assessment proceedings for subject AY has been completed

NGC NETWORK ASIA LLC,MUMBAI vs. DCIT (IT) RG 3(3)(1), MUMBAI

In the result, all the appeals are allowed in the terms indicated above

reassessment proceedings is time barred under proviso to Section 147 of the Act in the absence of failure on the part of the Appellant to fully and truly disclose all material facts, as the same has been initiated after the expiry of four years from the end of relevant AY and scrutiny assessment proceedings for subject AY has been completed

NGC NETWORK ASIA LLC,MUMBAI vs. DDIT (IT) RG 4(2), MUMBAI

In the result, all the appeals are allowed in the terms indicated above

reassessment proceedings is time barred under proviso to Section 147 of the Act in the absence of failure on the part of the Appellant to fully and truly disclose all material facts, as the same has been initiated after the expiry of four years from the end of relevant AY and scrutiny assessment proceedings for subject AY has been completed

PRAKASH RAVANRATAN JADDHAV,MUMBAI vs. ITO 23(3)(1), MUMBAI

In the result, ITA No.2210/M/14 is partly allowed for statistical purposes whereas ITA No

Bench: Shri R.C.Sharma, Am & Shri Amarjit Singh, Jm आयकर अपील सं/ I.T.A. No.2209/M/14, Ita 2210/M/14 & Ita 2211/M/14 ("नधा"रण वष" / Assessment Year: 2009-10) Shri Prakash Ravanratan बनाम/ I.T.O.-23(3)(1) Jadhav Mumbai Vs. Indira Colony, Model Town Road, Mulund (West), Mumbai - 400080 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aanpj4867F

section 143(2) of the Act was issued on 18.08.2010 and was duly served upon the assessee. Notice u/s. 142(1) of the Act was issued on 22.03.2011 and 23.08.2011 which were also served upon the assessee. The assessee shown gross receipt from business of civil contractor to the tune of Rs.38,54,755/- in the Profit & Loss Account filed

PRAKASH RAVANRATAN JADDHAV,MUMBAI vs. ITO 23(3)(1), MUMBAI

In the result, ITA No.2210/M/14 is partly allowed for statistical purposes whereas ITA No

Bench: Shri R.C.Sharma, Am & Shri Amarjit Singh, Jm आयकर अपील सं/ I.T.A. No.2209/M/14, Ita 2210/M/14 & Ita 2211/M/14 ("नधा"रण वष" / Assessment Year: 2009-10) Shri Prakash Ravanratan बनाम/ I.T.O.-23(3)(1) Jadhav Mumbai Vs. Indira Colony, Model Town Road, Mulund (West), Mumbai - 400080 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aanpj4867F

section 143(2) of the Act was issued on 18.08.2010 and was duly served upon the assessee. Notice u/s. 142(1) of the Act was issued on 22.03.2011 and 23.08.2011 which were also served upon the assessee. The assessee shown gross receipt from business of civil contractor to the tune of Rs.38,54,755/- in the Profit & Loss Account filed

PRAKASH RAVANRATAN JADDHAV,MUMBAI vs. ITO 23(3)(1), MUMBAI

In the result, ITA No.2210/M/14 is partly allowed for statistical purposes whereas ITA No

Bench: Shri R.C.Sharma, Am & Shri Amarjit Singh, Jm आयकर अपील सं/ I.T.A. No.2209/M/14, Ita 2210/M/14 & Ita 2211/M/14 ("नधा"रण वष" / Assessment Year: 2009-10) Shri Prakash Ravanratan बनाम/ I.T.O.-23(3)(1) Jadhav Mumbai Vs. Indira Colony, Model Town Road, Mulund (West), Mumbai - 400080 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aanpj4867F

section 143(2) of the Act was issued on 18.08.2010 and was duly served upon the assessee. Notice u/s. 142(1) of the Act was issued on 22.03.2011 and 23.08.2011 which were also served upon the assessee. The assessee shown gross receipt from business of civil contractor to the tune of Rs.38,54,755/- in the Profit & Loss Account filed