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

40,54,097/- & was\nadded back with total income of the assessee. Being aggrieved the assessee filed\nan appeal before the Ld. CIT(A). The Ld. CIT(A) deleted the addition under section\n14A of the Act. But related to in other issue upheld the observations of the Ld.\nAO. Being aggrieved the assessee and revenue filed an appeal before

SHRI NARENDRA S SHAH,MUM vs. DCIT, CC-2(2),, MUM

Bench: Shri Vikas Awasthy () & Shri Om Prakash Kant ()

section 40(a)(ia) of the Act. On further appeal, the L . On further appeal, the Ld. CIT(A) upheld the validity of the d. CIT(A) upheld the validity of the reassessment

SHRI NARENDRA S SHAH,MUMBAI vs. DCIT, CC-2(2),, MUMBAI

Bench: Shri Vikas Awasthy () & Shri Om Prakash Kant ()

section 40(a)(ia) of the Act. On further appeal, the L . On further appeal, the Ld. CIT(A) upheld the validity of the d. CIT(A) upheld the validity of the reassessment

DCIT, CC-2(2),, MUM vs. SHRI NARENDRA S SHAH, MUMBAI

Bench: Shri Vikas Awasthy () & Shri Om Prakash Kant ()

section 40(a)(ia) of the Act. On further appeal, the L . On further appeal, the Ld. CIT(A) upheld the validity of the d. CIT(A) upheld the validity of the reassessment

SHRI NARENDRA S SHAH,MUM vs. DCIT, CC-2(2), , MUM

Bench: Shri Vikas Awasthy () & Shri Om Prakash Kant ()

section 40(a)(ia) of the Act. On further appeal, the L . On further appeal, the Ld. CIT(A) upheld the validity of the d. CIT(A) upheld the validity of the reassessment

SHRI NARENDRA S SHAH,MUMBAI vs. DCIT, CC- 2(2), , MUMBAI

Bench: Shri Vikas Awasthy () & Shri Om Prakash Kant ()

section 40(a)(ia) of the Act. On further appeal, the L . On further appeal, the Ld. CIT(A) upheld the validity of the d. CIT(A) upheld the validity of the reassessment

DCIT, CC-2(2), , MUM vs. SHRI NARENDRA S SHAH, MUM

Bench: Shri Vikas Awasthy () & Shri Om Prakash Kant ()

section 40(a)(ia) of the Act. On further appeal, the L . On further appeal, the Ld. CIT(A) upheld the validity of the d. CIT(A) upheld the validity of the reassessment

SHRI NARENDRA S SHAH ,MUMBAI vs. DCIT, CEN CIR-(2), , MUMBAI

Bench: Shri Vikas Awasthy () & Shri Om Prakash Kant ()

section 40(a)(ia) of the Act. On further appeal, the L . On further appeal, the Ld. CIT(A) upheld the validity of the d. CIT(A) upheld the validity of the reassessment

SHAKUNTALA KAMBLE (LEGAL REPRESENTATIVE OF PREMCHAND KAMBLE),THANE vs. DCIT -CENT. CIR `, THANE

reassessment proceeding under Section 147 of the Act for the Assessment Year 2007-08 and 2008-09 have not been challenged on behalf of the Assessee. The appeals before the Tribunal are being pursued by the mother of the Appellant being his legal heir and duly constituted attorney of other ITA Nos. 1764-1767 & 1911-1912/Mum/2021

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

reassessment proceedings were initiated on\nthe basis of information received from Director of Income Tax\n(Inv.), Chennai according which, inter-alia, the Assessee was\nmaking payment to car dealers in violation of Section 40

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

reassessment proceedings were initiated on\nthe basis of information received from Director of Income Tax\n(Inv.), Chennai according which, inter-alia, the Assessee was\nmaking payment to car dealers in violation of Section 40

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

reassessment proceedings were initiated on\nthe basis of information received from Director of Income Tax\n(Inv.), Chennai according which, inter-alia, the Assessee was\nmaking payment to car dealers in violation of Section 40

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 proceedings were initiated on\nthe basis of information received from Director of Income Tax\n(Inv.), Chennai according which, inter-alia, the Assessee was\nmaking payment to car dealers in violation of Section 40

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

reassessment proceedings were initiated on \nthe basis of information received from Director of Income Tax \n(Inv.), Chennai according which, inter-alia, the Assessee was \nmaking payment to car dealers in violation of Section 40

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 proceedings were initiated on\nthe basis of information received from Director of Income Tax\n(Inv.), Chennai according which, inter-alia, the Assessee was\nmaking payment to car dealers in violation of Section 40

MANOHAR MANAK ALLOYS P.LTD,MUMBAI vs. ACIT 4(2), MUMBAI

Appeal is allowed

reassessment proceedings was commission income earned by the Appellant in respect of accommodation entry for supply of scrap. The issue on the basis of revisional jurisdiction under Section 263 of the Act by the PCIT pertains to accrual of interest on passing of a decree in a summary suit for recovery of debt from Swarup Group of Industries, a proprietary

BACHHRAJ & COMPANY PVT LTD.,MUMBAI vs. ASST CIT CIRCLE- 3 (1)(1), MUMBAI

Accordingly, the appeal filed by the assessee is allowed on the same terms

Bench: Shri Pramod Kumar () & Shri Ravish Sood () Ita Nos.7348 & 7349/Mum/2019 (Assessment Years: 2014-15 & 2015-16) Bachhraj & Company The Assistant Commissioner Private Limited, 2Nd Floor, Vs. Of Income-Tax, Circle 3(1)(1), Bajaj Bhawan, Room No. 607, Aayakar 226, Nariman Point, Bhavan, M.K. Road, Mumbai – 400 021 Mumbai – 400 020 Pan No. Aaacb5589N (Assessee) (Revenue) Assessee By : Shri Kirit Kamdar, A.R Revenue By : Shri Kprr Murty, D.R Date Of Hearing : 04/10/2021 Date Of Pronouncement : 08/10/2021

reassess under section 147 or pass an order enhancing the assessment or reducing a refund already made or ITA Nos. 7348 & 7349/Mum/2019 A.Ys. 2014-15 & 2015-16 11 Bachhraj & Company Private Limited Vs. The ACIT, Circle-3(1)(1) otherwise increasing the liability of the assessee under section 154, for any assessment year beginning on or before

BACHHRAJ & COMPANY PVT LTD.,MUMBAI vs. ASST CIT CIRCLE- 3 (1)(1), MUMBAI

Accordingly, the appeal filed by the assessee is allowed on the same terms

Bench: Shri Pramod Kumar () & Shri Ravish Sood () Ita Nos.7348 & 7349/Mum/2019 (Assessment Years: 2014-15 & 2015-16) Bachhraj & Company The Assistant Commissioner Private Limited, 2Nd Floor, Vs. Of Income-Tax, Circle 3(1)(1), Bajaj Bhawan, Room No. 607, Aayakar 226, Nariman Point, Bhavan, M.K. Road, Mumbai – 400 021 Mumbai – 400 020 Pan No. Aaacb5589N (Assessee) (Revenue) Assessee By : Shri Kirit Kamdar, A.R Revenue By : Shri Kprr Murty, D.R Date Of Hearing : 04/10/2021 Date Of Pronouncement : 08/10/2021

reassess under section 147 or pass an order enhancing the assessment or reducing a refund already made or ITA Nos. 7348 & 7349/Mum/2019 A.Ys. 2014-15 & 2015-16 11 Bachhraj & Company Private Limited Vs. The ACIT, Circle-3(1)(1) otherwise increasing the liability of the assessee under section 154, for any assessment year beginning on or before