SHREE SAI BABA SANTHAN TRUST MUMBAI ,MUMBAI vs. DCIT(EXEMPTION), MUMBAI

In the result, the appeal filed by the assessee is allowed and the\nappeal of the Revenue is dismissed

80G of\nIncome Tax Act, the AO has rightly formed a reason to believe that income\nhad escaped assessment in AY 2013-14. The AO has rightly pointed out that\nassumption of jurisdiction u/s 148 in the case of the assessee wherein the\noriginal order was passed u/s 143(1)(a) is as per the law decided

ESTATE OF VANDRAVAN P SHAH,MUMBAI vs. ASSISTANT COMISSIONER OF INCOME TAX, CIRCLE 19(3), MUMBAI

In the result all the three captioned appeals are dismissed

Bench: Sandeep Gosain () & Shri Om Prakash Kant ()

147. This argument is devoid of merit. The concept of "full and true disclosure" presupposes the genuineness concept of "full and true disclosure" presupposes the genuineness concept of "full and true disclosure" presupposes the genuineness of the transaction disclosed. In the reasons recorded, the Assessing ansaction disclosed. In the reasons recorded, the Assessing ansaction disclosed. In the reasons recorded

MILLENNIUM DEVELOPERS PRIVATE LIMITED,MUMBAI vs. PRINCIPLE COMMISSIONER OF INCOME TAX -3, MUMBAI

In the result the appeal filed by the assessee is allowed

Bench: Shri Amarjit Singh & Shri Raj Kumar Chauhanmillennium Developers Pvt. Ltd. Pcit-3, Ground Floor, Ceejay House, Vs. R. No. 612, 6Th Floor, Aayakar Shivsagar Estate, Dr. Annie Besant Bhavan, M. K. Road, Road, Worli, Mumbai – 400 018 Mumbai-400 020 Pan: Aabcm6404C (Appellant) (Respondent) Assessee Represented By : Shri B. V. Jhaveri, Ld. Ar Department Represented By : Shri Anurag Tripathi, Ld. Dr Date Of Conclusion Of Hearing : 18.10.2024 Date Of Pronouncement : 17.01.2025

80G and the FAO in the order section 144 rws 144B r.w.s. 148 has allowed it. Therefore, the order of the FAO, u/s. 144 rws 147 rws 144B dated 17.01.2022 is erroneous in so far as it is prejudicial to the interest of the revenue." 3. The Pr. CIT, Mumbai-3 has erred in holding that the reassessment

M/S GODFREY PHILLIPS INDIA LTD ,MUMBAI vs. THE ASSESSING OFFICER, NATIONAL FACELESS ASSESSMENT CENTRE, DELHI/ CIRCLE1(3)(1), MUMBAI

In the result, the appeal of the assessee is partly allowed

u/s 80G on the funds which were also claimed to be\nincurred for the purpose of CSR.\n5.2.1 Further, the appellant contented that it has been consistently\nheld by Courts that before the assessing officer can be said to\nhave validly invoked jurisdiction to reassess the income of an\nassessee under section 147

ITO 3(1)(4), MUMBAI vs. EVERLON SYNTHETICS P.LTD, MUMBAI

In the result, the appeal filed by the Revenue in ITA N0

Bench: Shri Saktijit Dey & Shri Ramit Kocharआयकर अपील सं./I.T.A. No. 6965/Mum/2013 ("नधा"रण वष" / Assessment Year : 2006-07) Income Tax Officer 3(1)(4), M/S Everlon Synthetics बनाम/ R. No. 666, Pvt. Ltd., V. Aayakar Bhawan,M.K. Road, 67, Regent Chambers, Mumbai – 400 020. 208 Nariman Point, Mumbai – 400 021 "थायी लेखा सं./Pan : Aaace0860H (अपीलाथ" /Appellant) .. (""यथ" / Respondent)

Section 147 authorises and permits the AO to assess or reassess income chargeable to tax if he has reason to believe that income for any assessment year has escaped assessment. Thus, again it could be seen that Hon’ble ITA 6965/Mum/2013 32 Supreme Court held that the AO has power to assess or reassess the income and the AO does

ACIT, CC 6(2), MUMBAI, MUMBAI vs. OVERSEAS INFRASTRUCTURE ALLIANCE (INDIA) PRIVATE LIMITED, MUMBAI

In the result, appeal by the assessee is allowed

Bench: Shri Sandeep Gosain & Shri Girish Agrawal

reassessment proceedings, two disallowances have been made, one relating to claim of deduction u/s.80G and the other for disallowance of interest. 6.1. For the first issue relating to disallowance of deduction claimed u/s.80G of Rs.31,55,000/-, relevant fact is that assessee claimed deduction of Rs.31,55,000/- u/s. 80G being 50% of Corporate Social Responsibility Expenditure (CSR) of Rs.63

ACIT, CC 6(2), MUMBAI, MUMBAI vs. OVERSEAS INFRASTRUCTURE ALLIANCE (INDIA) PRIVATE LIMITED, MUMBAI

In the result, appeal by the assessee is allowed

Bench: Shri Sandeep Gosain & Shri Girish Agrawal

reassessment proceedings, two disallowances have been made, one relating to claim of deduction u/s.80G and the other for disallowance of interest. 6.1. For the first issue relating to disallowance of deduction claimed u/s.80G of Rs.31,55,000/-, relevant fact is that assessee claimed deduction of Rs.31,55,000/- u/s. 80G being 50% of Corporate Social Responsibility Expenditure (CSR) of Rs.63

ACIT CC 6(2), MUMBAI, MUMBAI vs. OVERSEAS INFRASTRUCTURE ALLIANCE (INDIA) PRIVATE LIMITED, MUMBAI

In the result, appeal by the assessee is allowed

Bench: Shri Sandeep Gosain & Shri Girish Agrawal

reassessment proceedings, two disallowances have been made, one relating to claim of deduction u/s.80G and the other for disallowance of interest. 6.1. For the first issue relating to disallowance of deduction claimed u/s.80G of Rs.31,55,000/-, relevant fact is that assessee claimed deduction of Rs.31,55,000/- u/s. 80G being 50% of Corporate Social Responsibility Expenditure (CSR) of Rs.63

ACIT, CC-6(2), MUMBAI, MUMBAI vs. OVERSEAS INFRASTRUCTURE ALLIANCE (INDIA) PRIVATE LIMITED, MUMBAI

In the result, appeal by the assessee is allowed

Bench: Shri Sandeep Gosain & Shri Girish Agrawal

reassessment proceedings, two disallowances have been made, one relating to claim of deduction u/s.80G and the other for disallowance of interest. 6.1. For the first issue relating to disallowance of deduction claimed u/s.80G of Rs.31,55,000/-, relevant fact is that assessee claimed deduction of Rs.31,55,000/- u/s. 80G being 50% of Corporate Social Responsibility Expenditure (CSR) of Rs.63

ACIT, CC 6(2), MUMBAI, MUMBAI vs. OVERSEAS INFRASTRUCTURE ALLIANCE (INDIA) PRIVATE LIMITED, MUMBAI

In the result, appeal by the assessee is allowed

Bench: Shri Sandeep Gosain & Shri Girish Agrawal

reassessment proceedings, two disallowances have been made, one relating to claim of deduction u/s.80G and the other for disallowance of interest. 6.1. For the first issue relating to disallowance of deduction claimed u/s.80G of Rs.31,55,000/-, relevant fact is that assessee claimed deduction of Rs.31,55,000/- u/s. 80G being 50% of Corporate Social Responsibility Expenditure (CSR) of Rs.63

OVERSEAS INFRASTRUCTURE ALLIANCE (INDIA) PRIVATE LIMTIED ,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 6(2), MUMBAI

In the result, appeal by the assessee is allowed

Bench: Shri Sandeep Gosain & Shri Girish Agrawal

reassessment proceedings, two disallowances have been made, one relating to claim of deduction u/s.80G and the other for disallowance of interest. 6.1. For the first issue relating to disallowance of deduction claimed u/s.80G of Rs.31,55,000/-, relevant fact is that assessee claimed deduction of Rs.31,55,000/- u/s. 80G being 50% of Corporate Social Responsibility Expenditure (CSR) of Rs.63

OVERSEAS INFRASTRUCTURE ALLIANCE (INDIA) PRIVATE LIMTIED ,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 6(2), MUMBAI

In the result, appeal by the assessee is allowed

Bench: Shri Sandeep Gosain & Shri Girish Agrawal

reassessment proceedings, two disallowances have been made, one relating to claim of deduction u/s.80G and the other for disallowance of interest. 6.1. For the first issue relating to disallowance of deduction claimed u/s.80G of Rs.31,55,000/-, relevant fact is that assessee claimed deduction of Rs.31,55,000/- u/s. 80G being 50% of Corporate Social Responsibility Expenditure (CSR) of Rs.63

OVERSEAS INFRASTRUCTURE ALLIANCE(INDIA) PRIVATE LIMITED,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE -6 , MUMBAI

In the result, appeal by the assessee is allowed

Bench: Shri Sandeep Gosain & Shri Girish Agrawal

reassessment proceedings, two disallowances have been made, one relating to claim of deduction u/s.80G and the other for disallowance of interest. 6.1. For the first issue relating to disallowance of deduction claimed u/s.80G of Rs.31,55,000/-, relevant fact is that assessee claimed deduction of Rs.31,55,000/- u/s. 80G being 50% of Corporate Social Responsibility Expenditure (CSR) of Rs.63

ACIT, CC-6(2), MUMBAI, MUMBAI vs. OVERSEAS INFRASTRUCTURE ALLIANCE (INDIA) PRIVATE LIMITED, MUMBAI

In the result, appeal by the assessee is allowed

Bench: Shri Sandeep Gosain & Shri Girish Agrawal

reassessment proceedings, two disallowances have been made, one relating to claim of deduction u/s.80G and the other for disallowance of interest. 6.1. For the first issue relating to disallowance of deduction claimed u/s.80G of Rs.31,55,000/-, relevant fact is that assessee claimed deduction of Rs.31,55,000/- u/s. 80G being 50% of Corporate Social Responsibility Expenditure (CSR) of Rs.63

POOJA HARDWARE PVT. LTD.,MUMBAI vs. ACIT - 13 (1)(1), MUMBAI

In the result, the appeal of the assessee is allowed

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail () Assessment Year: 2012-13

80G. 2. This appeal was earlier heard by the Income This appeal was earlier heard by the Income This appeal was earlier heard by the Income-tax Appellate Tribunal (In short the ‘Tribunal’) (In short the ‘Tribunal’) on 28.10.2019, wherein the appeal wherein the appeal of the assessee was allowed. Subsequently, of the assessee was allowed. Subsequently, a a Miscellaneous

ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 3 4 MUMBAI, MUMBAI vs. GLENMARK PHARMACEUTICALS LIMITED, MUMBAI

Bench: SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

80G of the Act and thereby, accepted the claim for deduction of INR 2,14,15,000/- as made by the Assessee in the return of income for the relevant assessment year. Assessment Year: 2015-16 8. Subsequently, notice dated 27/03/2021 under Section 148 of the Act was issued to the Assessee initiating reassessment proceedings under Section 147

CROMPTON GREAVES LTD,MUMBAI vs. CIT -6, MUMBAI

In the result, the appeals filed by the assessee company in ITA no

Bench: Shri Shailendra Kumar Yadav & Shri Ramit Kochar"ी शैल" कुमार यादव, "या"यक सद"य एवं "ी "ी रिमत कोचर, लेखाकार सद"य के सम" । आयकर अपील सं./I.T.A. No. 1994/Mum/2013 ("नधा"रण वष" / Assessment Year : 2007-08) आयकर अपील सं./I.T.A. No. 2836/Mum/2014 ("नधा"रण वष" / Assessment Year : 2007-08) M/S Crompton Greaves बनाम/ Cit – 6,Mumbai, Ltd.,6Th Floor, C.G. House, 5Th Floor, V. Dr. A.B. Road, Worli, Aayakar Bhavan, Mumbai – 400 030. M.K. Road, Mumbai – 400 020. "थायी लेखा सं./Pan : Aaacc3840K .. (अपीलाथ" /Appellant) (""यथ" / Respondent) Assessee By Shri Pradeep N. Kapasi Revenue By : Shri C.W. Angolkar सुनवाई क" तार"ख /Date Of Hearing : 29-10-2015 घोषणा क" तार"ख /Date Of Pronouncement : 01-02-2016

80G] or] under section 263 [or under section 271] [or undersection 272A] [***] or an order passed by him under section 154 amending his order under section 263] [or an order passed by a [Principal Chief Commissioner or] Chief Commissioner or a [Principal Director General or] Director General or a [Principal Director or] Director under section 272A; [or]] [(d) an order

OVERSEAS INFRASTRUCTURE ALLIANCE(INDIA) PRIVATE LIMITED ,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 6(2), MUMBAI

reassessment u/s. 147 read with\nsection 143(3). Thus, the adjustment made by CPC Bengaluru, while\nprocessing the return u/s. 143(1) gets merged into the order passed\nu/s. 147 read with Section 143(3). What survives is the assessment\norder passed u/s. 147 read with Section 143(3) and not the income\ncomputed u/s. 143(1). It is also