ACC LTD.,MUMBAI vs. DCIT(LTU) - 1, MUMBAI

In the result, appeal filed by assessee is partly allowed

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

5. The only other ground on merits is against the confirmation of ad hoc addition of ₹ 81,405/-. Apart from this, the assessee has also challenged the initiation of reassessment proceedings by the AO. It can be seen from the reasons recorded by the AO that he took up the re-assessment proceedings on account of excess 16 ITA NO.3135

ACC LTD.,MUMBAI vs. DCIT(LTU) - 1, MUMBAI

In the result, appeal filed by assessee is partly allowed

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

5. The only other ground on merits is against the confirmation of ad hoc addition of ₹ 81,405/-. Apart from this, the assessee has also challenged the initiation of reassessment proceedings by the AO. It can be seen from the reasons recorded by the AO that he took up the re-assessment proceedings on account of excess 16 ITA NO.3135

DCIT(LTU) - 1, MUMBAI vs. ACC LTD., MUMBAI

In the result, appeal filed by assessee is partly allowed

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

5. The only other ground on merits is against the confirmation of ad hoc addition of ₹ 81,405/-. Apart from this, the assessee has also challenged the initiation of reassessment proceedings by the AO. It can be seen from the reasons recorded by the AO that he took up the re-assessment proceedings on account of excess 16 ITA NO.3135

DCIT, CIRCLE-1, , KALYAN vs. M/S ASB INTERNATIONAL PVT LTD, MUMBAI

In the result the appeal of the revenue stand dismissed

Bench: Amarjit Singh & Shri Sandip Singh Karhaildcit, C-1,Kalyan Vs. M/S. Asb International 1St Floor, Mohan Plaza, Pvt. Ltd. Mayale Naar, E9, E44, Addl. Kalyan(W)- 421301 Ambernath, Industrial Area, Anand Nagar, Ambernath Thane-421506 स्थायी लेखा सं./जीआइआर सं./ Pan/Gir No: Aaaca8424F Appellant .. Respondent C.O. No. 65/Mum/2023 (A.Y. 2009-10)

147 of the Act. 4. During the course of reassessment proceedings, the AO stated that from A.Y. 2001-02 onward the provisions of section10A of and 10B of the Act have been brought at per with the other section dealing with deductions allowed under chapters VI-A of the Act. From first April 2001 onwards the brought forward losses pertaining

ASST CIT CIR 23, MUMBAI vs. OBEROI REALITY LTD, MUMBAI

Appeal of the Revenue is dismissed and cross- objection of filed by the assessee is allowed

Bench: Shri G.S.Pannu & Shri Pawan Singhthe Asstt. Commissioner Of Income Tax,Cir.23, Room No.409, 4Th Floor, Aaykar Bhavan, Mk Road, Mumbai 400 002 ... Appellant

reassessed the income at Rs.14,36,67,009/-, inter-alia, restricting the relief under section 80IB(10) of the Act to the extent of Rs.68,18,56,583/-. The action of the Assessing Officer in restricting the claim of deduction under section 80IB(10) is the subject matter of controversy in the Revenue’s appeal. 3.1 The stand

DCIT (LTU)-1, MUMBAI vs. ADITYA BIRLA NUVO LTD, MUMBAI

reassess under section 147 or pass an order enhancing the\nassessment or reducing a refund already made or otherwise increasing the\nliability of the assessee under section 154, for any assessment year beginning\non or before the 1st day of April, 2001.]\nRule 8D. (1) Where the Assessing Officer, having regard to the accounts of\nthe assessee of a previous

AAACORP EXIM INDIA PRIVATE LIMITED,MUMBAI vs. D.C.I.T.-CIRCLE-14(1)(1), MUMBAI

In the result the appeal of the assessee is allowed

Bench: Shri Amit Shukla & Shri Gagan Goyal & Aaa Corp Exim India Pvt. Ltd. C-206, Ghatkopar Industrial Estate, Off Lbs Marg, Ghatkopar (W), Mumbai-400 086 Pan: Aacca8815C ...... Appellant Vs. Dcit-14(1)(1) Income Tax Offices, Aayakar Bhavan, M. K. Road, Mumbai-400 020 ..... Respondent

80A; (iii) any transfer of goods or services referred to in sub-section (8) of section 80-IA; (iv) any business transacted between the assessee and other person as referred to in sub- section (10) of section 80-IA; (v) any transaction, referred to in any other section under Chapter VI-A or section 10AA, to which provisions

SANSUI STEELS P.LTD,MUMBAI vs. ITO 7(2)(2), MUMBAI

Bench: Shri Mahavir Singh () & Shri N.K. Pradhan () Assessment Year: 2008-09 Sansui Steel Pvt. Ltd. Ito-7(2)(2), 401-C, Gokul Building, Room No. 621-A, Vs. 80A Baroda Street, Ayakar Bhavan, M.K. Iron Market, S.T. Road, Marg, Carnac Bunder, Mumbai-400020. Mumbai-400009 Pan No.Aaacs8834K Appellant Respondent Assessee By : Mr. K. Gopal & Ms. Neha Paranjpe, Ar Revenue By : Mr. Rajesh Kumar Yadav, Dr Date Of Hearing : 27/09/2017 Date Of Pronouncement : 30/11/2017

80A Baroda Street, Ayakar Bhavan, M.K. Iron Market, S.T. Road, Marg, Carnac Bunder, Mumbai-400020. Mumbai-400009 PAN No.AAACS8834K Appellant Respondent Assessee by : Mr. K. Gopal & Ms. Neha Paranjpe, AR Revenue by : Mr. Rajesh Kumar Yadav, DR Date of Hearing : 27/09/2017 Date of pronouncement : 30/11/2017 ORDER PER N.K. PRADHAN, A.M. This is an appeal filed by the assessee. The relevant