DEPUTY COMMISSIONER OF INCOME TAX- 4(3)(1), MUMBAI vs. SPECIALITY PAPERS LIMITED, MUMBAI

Appeal of the revenue is partly allowed for statistical purposes

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

68 of the Act cannot be made merely based on the credits in the bank statements since the bank statements are not to be considered as the books of account. The ld. AR drew our attention to Speciality Papers Limited. the approval given by the PCCIT under section 151 of the Act to submit that the approval is given

AL-AZIZ ISLAMIC AND MODERN EDUCATIONAL TRUST,MUMBAI vs. CIT (E), MUMBAI

In the result, the appeal of assessee is allowed for statistical purposes

Bench: Sri Mahavir Singh, Jm & Sri Nk Pradhan, Am

section 12A new rule 17A and whether Form no. 10A has been properly filled up. He may also examine whether the objects of the trust are charitable or not. Sec I2AA nowhere provided that CIT while considering the application for registration is also required to examine whether the income derived by the trust is being spent for charitable purpose

BANCTEC TPS INDIA P. LTD,NAVI MUMBAI vs. PR. CIT CIR 15, MUMBAI

In the result, appeal of the assessee is allowed

Bench: Shri Mahavir Singh, Jm & Shri M.Balaganesh, Am M/S. Banctec Tps India Vs. Pr. Commissioner Of Private Limited Income Tax-15, T-341, Tower 3, 4Th Floor Room No.574, 5Th Floor, International Infotech Park Aayakar Bhavan, Vashi Railway Station M.K.Road, Complex, Vashi Mumbai – 400 020 Navi Mumbai – 400 705 Pan/Gir No. Aaact8971E (Appellant) .. (Respondent)

68,666/- ================= 3.1. The assessee filed a complete break-up of the aforesaid losses before the ld. AO in the 154 proceedings. The assessee pleaded that once these losses are set off, there would be no taxable income for the assessee. The ld. AO remained silent on this 154 petition preferred by the assessee. The assessee reminded

ADITYA BIRLA EDUCATION TRUST,MUMBAI vs. COMMISSIONER OF INCOME TAX (EXEMPTION), MUMBAI

In the result, the appeal of the assessee bearing ITA No

Bench: Shri Vikram Singh Yadav & Shri Anikesh Banerjee

68 ITD 95 (Mumbai - Trib). The headnotes of the above decision reads as under: “The requirement under section 11 is for application of income for charitable purposes in India and its does 12 Aditya Birla Education Trust not restrict the application of income within the territory of India. The charitable purpose for which the income should be applied

VODAFONE IDEA LTD.,MUMBAI vs. PR CIT -5, MUMBAI

Bench: Shri Kuldip Singh & Shri Amarjit Singhassessment Year: 2015-16

68,335/- by claiming depreciation to the tune of Rs.1682.48 crores @ 25% on the spectrum fees paid by treating it as ‘intangible asset’, which was allowed by the AO under section 32 of the Act. 3. However, the Ld. PCIT by invoking the revisionary jurisdiction called upon the assessee company by way of issuance of notice under section

TECH PACIFIC INDIA LTD ( NOW KNOWN AS INGRAM MICRO INDIA LTD),MUMBAI vs. DCIT OSD -II CEN RG 7, MUMBAI

The appeal of the assessee is allowed in terms of our aforesaid observations

Bench: Shri M.Balaganesh (Account Member ) & Shri Ravish Sood () Ita Nos.8794, 8795 & 8797/Mum/2011 (Assessment Years: 2005-06, 2006-07 & 2008-09) Tech Pacific India Limited Dy. Commissioner Of (Now Known As Ingram Vs. Income-Tax, Osd Ii, Micro India Ltd.) Central Range -7, Gate No. 1A, Godrej Aayakar Bhavan, Industries Complex, M.K. Road, Pirojshanagar, Vikroli Mumbai – 400 020 (East) Mumbai – 400 079 Pan No. Aabct1296R (Assessee ) (Revenue)

17A Cross, 20th Main, First R 142,542 7,840 Allied Services Block, West of Chord Road, Rajajinagar, Bangalore – 560010 Computer Technologies C/O Anand Steel Centre, Ghat No. 284,172 14,604 Pvt. Ltd. 2347, Ganesh Park Opp. Talera Warehousing, Wagholi, Pune Creative Infotech Hirabhai Patel House, Opp. Post 383,128 20,030 Solutions Pvt. Ltd. Office, Patel Falia, Surat

MINHAJ INTERFAITH & WELFARE FOUNDATION,MUMBAI vs. CIT (EXEM), MUMBAI

In the result, the appeal of the assessee is treated as allowed for statistical purposes

Bench: Shri Om Prakash Kant & Ms. Kavitha Rajagopalassessment Year : 2023-24 Minhaj Interfaith & Welfare Dy.Commissioner Of Income Tax, Foundation, 601, 6Th Floor, Shop 68, Ground Floor, Vs. Mtnl Te Building, New Wadala Market, Pedder Road, R.A. Kidwai Ropad, Wadala, Dr. Gopalrao Deshmukh Marg, Mumbai Cumballa Hill, Pan : Aalcm0743L Mumbai (Appellant) (Respondent) For Assessee : Shri Haridas Bhat, Ca For Revenue : Ms. Sanyogita Nagpal, Cit-Dr Date Of Hearing : 10-09-2024 Date Of Pronouncement : 13-09-2024

68, Ground Floor, vs. MTNL TE Building, New Wadala Market, Pedder Road, R.A. Kidwai Ropad, Wadala, Dr. Gopalrao Deshmukh Marg, Mumbai Cumballa Hill, PAN : AALCM0743L Mumbai (Appellant) (Respondent) For Assessee : Shri Haridas Bhat, CA For Revenue : Ms. Sanyogita Nagpal, CIT-DR Date of Hearing : 10-09-2024 Date of Pronouncement

M/S THE STATE BANK OF PATIALA,PATIALA vs. ACIT, PATIALA

In the result, the appeals of the assessee are partly allowed for In the result, the appeals of the assessee are partly allowed for statistical purposes

Bench: Shri Aby T Varkey () & Shri Om Prakash Kant () Assessment Year: 2013-14 & Assessment Year: 2014-15 & Assessment Year: 2015-16 The State Bank Of India Asst. Cit Circle-Patiala, (Successor To State Bank Of Aayakar Bhavan, Vs. Patiala), Patiala-147001 Dgm & Cfo, Sbi, Local Head Office – Chandigarh, 2Nd Floor, Sector 17A, Chandigarh- 160017. Pan No. Aaccs 0143 D Appellant Respondent Assessee By : Mr. Ketan Ved & Mr. Ninadpatade, Ars Revenue By : Dr. Kishor Dhule, Cit-Dr : Date Of Hearing 09/03/2023 Date Of Pronouncement : 31/03/2023

17A, Chandigarh- 160017. PAN No. AACCS 0143 D Appellant Respondent Assessee by : Mr. Ketan Ved & Mr. NinadPatade, ARs Revenue by : Dr. Kishor Dhule, CIT-DR : Date of Hearing 09/03/2023 Date of pronouncement : 31/03/2023 2 The State Bank of India The State Bank of India ITA Nos. 510, 538 & 1259/CHANDI/2017 ITA Nos. 510, 538 & 1259/CHANDI/2017 ORDER PER OM PRAKASH KANT