DEPUTY COMMISSIONER OF INCOME TAX vs. GAUTAM B.LADKAT,, PUNE

In the result, appeal of the Revenue in ITA No

Bench: Shri Anil Chaturvedi, Am & Shri Partha Sarathi Chaudhury, Jm आयकर अपीऱ सं. / Ita No.177/Pun/2017 नििाारण वषा / Assessment Year : 2012-13 The Deputy Commissioner Of Income Tax, Circle-7, Pune. .......अऩीऱाथी / Appellant बिाम / V/S. Shri Gautam B. Ladkat, 36, Somwar Peth, Pune-411 011. Pan :Aafpl4838C ……प्रत्यथी / Respondent

disallowance of deduction u/s. 8oIA(4) of the Act of Rs.1,24,68,454/- is hereby deleted. Ground no. 1 raised by the appellant is accordingly allowed.” 6. The Ld. AR of the asssessee at the time of hearing vehemently argued that the issue is squarely covered by the CBDT Circular No.1/2016 dated 15.02.2016 and specially by the ratio laid

DEPUTY COMMISSIONER OF INCOME TAX vs. SAMEER B.LADKAT,, PUNE

In the result, appeal of the Revenue in ITA No

Bench: Shri Anil Chaturvedi, Am & Shri Partha Sarathi Chaudhury, Jm आयकर अपीऱ सं. / Ita No.177/Pun/2017 नििाारण वषा / Assessment Year : 2012-13 The Deputy Commissioner Of Income Tax, Circle-7, Pune. .......अऩीऱाथी / Appellant बिाम / V/S. Shri Gautam B. Ladkat, 36, Somwar Peth, Pune-411 011. Pan :Aafpl4838C ……प्रत्यथी / Respondent

disallowance of deduction u/s. 8oIA(4) of the Act of Rs.1,24,68,454/- is hereby deleted. Ground no. 1 raised by the appellant is accordingly allowed.” 6. The Ld. AR of the asssessee at the time of hearing vehemently argued that the issue is squarely covered by the CBDT Circular No.1/2016 dated 15.02.2016 and specially by the ratio laid

DEPUTY COMMISSIONER OF INCOME TAX,, PUNE vs. SHRI SAMEER B. LADKAR,, PUNE

In the result, the appeal of Revenue in ITA No

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपील सं. / Ita Nos.1358/Pun/2017 "नधा"रण वष" / Assessment Year : 2013-14

disallowance of deduction u/s 80IA(4) of the Act of Rs. 1,24,68,454/- is hereby deleted. Ground No.1 raised by the Appellant is accordingly allowed. " As the facts are pari materia with the earlier year, following judicial discipline, the AO is directed to allow the deduction claimed by the Appellant u/s 80IA(4). The Appellant succeeds in this

DEPUTY COMMISSIONER OF INCOME TAX,, PUNE vs. SHRI GAUTAM B. LADKAT,, PUNE

In the result, the appeal of Revenue in ITA No

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपील सं. / Ita Nos.1358/Pun/2017 "नधा"रण वष" / Assessment Year : 2013-14

disallowance of deduction u/s 80IA(4) of the Act of Rs. 1,24,68,454/- is hereby deleted. Ground No.1 raised by the Appellant is accordingly allowed. " As the facts are pari materia with the earlier year, following judicial discipline, the AO is directed to allow the deduction claimed by the Appellant u/s 80IA(4). The Appellant succeeds in this

ASST. CIT, CIRCLE-6, PUNE vs. SAKAL PAPERS LIMITED,, PUNE

In the result, appeal of the Revenue in ITA No

Bench: Shri R.S. Syal, Vp & Shri Partha Sarathi Chaudhury, Jm

disallowance of claim of Rs.44,95,264/- under section 80IA of the Act. 12. At the time of hearing, Ld. AR of the Assessee appraised the Bench that the issue is squarely covered by the assessee’s own case in ITA No.937/PUN/2008 for the assessment year 2005-06. A.Y.2006-07 13. On the other hand, Ld. D.R very fairly conceded

VIJAY DEVICHAND NIBJIYA,PUNE vs. DCIT CIRCLE (5), PUNE

In the result, appeal of the assessee is Partly Allowed

Bench: Ms.Astha Chandra & Dr.Dipak P. Ripoteआयकर अपील सं. / Ita No.634/Pun/2025 िनधा"रण वष" / Assessment Year: 2022-23 Vijay Devichand Nibjiya, V The Dcit, Office No.304/305/306, S. Circle-(5)/A.O. D Wing, 3Rd Floor, Business Centralised Processing Court, Mukundnagar, Pune – Centre. 411037. Maharashtra. Pan: Aanpn8491R Appellant/ Assessee Respondent / Revenue Assessee By Shri Nikhil S Pathak – Ar Revenue By Shri Akhilesh Srivastva – Dr Date Of Hearing 19/06/2025 Date Of Pronouncement 30/07/2025 आदेश/ Order Per Dr. Dipak P. Ripote, Am: This Appeal Is Filed By The Assessee Against The Order Of Ld.Add./Joint Commissioner Of Income Tax(Appeal)-6, Delhi Passed Under Section 250 Of The Income Tax Act, 1961, For The A.Y.2022-23 Dated 13.02.2025. The Assessee Has Raised Following Grounds Of Appeal :

section 250 of the Income Tax Act, 1961, for the A.Y.2022-23 dated 13.02.2025. The assessee has raised following grounds of appeal : ITA No.634/PUN/2025 [A] “11 The learned CIT(A) erred in confirming the disallowance of deduction of Rs.1,55,63,901/- u/s 801A(4)(iv

KUMAR URBAN DEVELOPMENT PVT. LTD (SUCCESSOR KUMAR HOUSING CORPORATION PVT LTD),PUNE vs. DCIT CIRCLE 14, PUNE

In the result, both the appeals filed by the assessee are allowed and the

Bench: Shri R. K. Panda & Ms. Astha Chandra

iv) City Corporation Ltd. 171 taxmann.com 301 (Bom) v) Capgemini Technology Services India Ltd. 173 taxmann.com 616 (Pune.) 13. So far as the merit of the case is concerned, the Ld. Counsel for the assessee submitted that the Assessing Officer in the impugned assessment year has made an addition of Rs.26

M/S. HONEYWELL AUTOMATION INDIA LIMITED,,PUNE vs. ACIT, CIRCLE-7, PUNE

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

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं./ Ita No. 359/Pun/2013 िनधा#रण वष# / Assessment Year : 2008-09

801A were invoked and the deduction was restricted to the aggregate margins earned by the comparable entities.' 6. The above contentions of the AO were confirmed by the Ld. CIT(A) during the proceedings for AY 2007-08 wherein it was held that the key factors required for the AO to invoke its powers u/s.10A r.w s. 80IA are 'close

ASSISTANT COMMISSIONER OF INCOME TAX, KOLHAPUR vs. MAHALAXMI INFRA PROJECTS PVT. LTD., KOLHAPUR

In the result, the appeal of the Revenue is partly allowed for\nstatistical purposes

iv) disallowance on account of depreciation on luxury\ncars of Rs.32,42,484/-.\n3. In appeal, the Ld. CIT(A) gave full relief to the assessee in respect of\nthe above additions/disallowances made by the Ld. AO on account of\ndeduction claimed u/s 80IA(4), disallowance u/s 14A r.w. Rule 8D and\ndepreciation on luxury car. Aggrieved with such order

ASSTT COMMISSIONER OF INCOME TAX , CIRCLE -1 , PUNE vs. M/S PERSISTENT SYSTEMS LIMITED , PUNE

In the result, appeal of the Revenue in ITA No

Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm आयकर अपील सं. / Ita No. 497, 498 & 499/Pun/2020 धनधाारण वषा / Assessment Years: 2014-15, 2015-16 & 2016-17 The Assistant Commissioner Of Income Tax, Circle-4, Pune. .......अपीलाथी / Appellant बनाम / V/S.

section 14A of the Act lays down the mechanism for determining such amount of expenditure incurred in relation to exempt income in accordance with method as prescribed under Rule 8D of I T. Rules, 1962. 4. On the facts and circumstances of the case, the Ld. CIT(Appeals) has erred in deleting the disallowance u/s.10AA(9) r.w.s. 801A

ASSTT COMMISSIONER OF INCOME TAX , CIRCLE -1, PUNE vs. M/S PERSISTENT SYSTEMS LIMITED, PUNE

In the result, appeal of the Revenue in ITA No

Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm आयकर अपील सं. / Ita No. 497, 498 & 499/Pun/2020 धनधाारण वषा / Assessment Years: 2014-15, 2015-16 & 2016-17 The Assistant Commissioner Of Income Tax, Circle-4, Pune. .......अपीलाथी / Appellant बनाम / V/S.

section 14A of the Act lays down the mechanism for determining such amount of expenditure incurred in relation to exempt income in accordance with method as prescribed under Rule 8D of I T. Rules, 1962. 4. On the facts and circumstances of the case, the Ld. CIT(Appeals) has erred in deleting the disallowance u/s.10AA(9) r.w.s. 801A

ASSTT COMMISSIONER OF INCOME TAX , CIRCLE -4 , PUNE vs. M/S PERSISTENT SYSTEMS LIMITED, PUNE

In the result, appeal of the Revenue in ITA No

Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm आयकर अपील सं. / Ita No. 497, 498 & 499/Pun/2020 धनधाारण वषा / Assessment Years: 2014-15, 2015-16 & 2016-17 The Assistant Commissioner Of Income Tax, Circle-4, Pune. .......अपीलाथी / Appellant बनाम / V/S.

section 14A of the Act lays down the mechanism for determining such amount of expenditure incurred in relation to exempt income in accordance with method as prescribed under Rule 8D of I T. Rules, 1962. 4. On the facts and circumstances of the case, the Ld. CIT(Appeals) has erred in deleting the disallowance u/s.10AA(9) r.w.s. 801A

ENTRATA INDIA PVT. LTD. ,PUNE vs. DCIT, CIRCLE-1(1), PUNE, PUNE

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

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.133/Pun/2024 िनधा"रण वष" / Assessment Year: 2013-14 Entrata India Pvt. Ltd., Vs. Dcit, Circle-1(1), Pune. International Tech Park, Block-1, Wing-A, 14Th Floor, Kharadi, Pune- 411014. Pan : Aaacw7089A Appellant Respondent आयकर अपील सं. / Ita No.66/Pun/2024 िनधा"रण वष" / Assessment Year: 2013-14 Dcit, Circle-1(1), Pune. Vs. Entrata India Pvt. Ltd., International Tech Park, Block-1, Wing-A, 14Th Floor, Kharadi, Pune- 411014. Pan : Aaacw7089A Appellant Respondent Assessee By : Shri Kishor B. Phadke Revenue By : Shri Ramnath P. Murkunde Date Of Hearing 14.11.2024 : Date Of Pronouncement : 24.12.2024 आदेश / Order Per Vinay Bhamore, Jm: These Are The Cross Appeals Filed By The Assessee As Well As By The Revenue Are Directed Against The Order Dated 24.11.2023 Passed By Ld. Cit(A)-13, Pune [‘Cit(A)’] For The Assessment Year 2013-14. 2. First, We Shall Take Up The Appeal Of The Assessee In Ita No.133/Pun/2024 For Adjudication.

iv. Oh the facts and the circumstances of the case and in law, the Ld. CIT(A) was not justified in imposing burden of proving tax avoidance ignoring the fact that section 801A(10) of the Act is a “domestic transfer pricing” provision and proving tax avoidance is not one of the pre-condition for invoking transfer pricing provisions

DCIT CIRCLE 1(1), PUNE, SWARGATE vs. ENTRATA INDIA PVT. LTD, PUNE

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

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.133/Pun/2024 िनधा"रण वष" / Assessment Year: 2013-14 Entrata India Pvt. Ltd., Vs. Dcit, Circle-1(1), Pune. International Tech Park, Block-1, Wing-A, 14Th Floor, Kharadi, Pune- 411014. Pan : Aaacw7089A Appellant Respondent आयकर अपील सं. / Ita No.66/Pun/2024 िनधा"रण वष" / Assessment Year: 2013-14 Dcit, Circle-1(1), Pune. Vs. Entrata India Pvt. Ltd., International Tech Park, Block-1, Wing-A, 14Th Floor, Kharadi, Pune- 411014. Pan : Aaacw7089A Appellant Respondent Assessee By : Shri Kishor B. Phadke Revenue By : Shri Ramnath P. Murkunde Date Of Hearing 14.11.2024 : Date Of Pronouncement : 24.12.2024 आदेश / Order Per Vinay Bhamore, Jm: These Are The Cross Appeals Filed By The Assessee As Well As By The Revenue Are Directed Against The Order Dated 24.11.2023 Passed By Ld. Cit(A)-13, Pune [‘Cit(A)’] For The Assessment Year 2013-14. 2. First, We Shall Take Up The Appeal Of The Assessee In Ita No.133/Pun/2024 For Adjudication.

iv. Oh the facts and the circumstances of the case and in law, the Ld. CIT(A) was not justified in imposing burden of proving tax avoidance ignoring the fact that section 801A(10) of the Act is a “domestic transfer pricing” provision and proving tax avoidance is not one of the pre-condition for invoking transfer pricing provisions

ADVIK HI TECH PVT LTD,PUNE vs. DY.COMM.OF INCOME TAX, CIRCLE 8, PUNE, AKURDI PUNE

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

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.1158/Pun/2023 िनधा"रण वष" / Assessment Year : 2020-21 Advik Hi Tech Pvt. Ltd., Vs. Dcit, Circle-8, Pune. Gat No.357, Plot No.99, Village- Kharabwadi, Tal.- Khed, Chakan- 410501. Pan : Aacca3106E Appellant Respondent आयकर अपील सं. / Ita No.1330/Pun/2023 िनधा"रण वष" / Assessment Year : 2020-21 Dcit, Circle-8, Pune. Vs. Advik Hi Tech Pvt. Ltd., Gat No.357, Plot No.99, Village- Kharabwadi, Tal.- Khed, Chakan- 410501. Pan : Aacca3106E Appellant Respondent Assessee By : Shri Sharad A. Shah & Shri Rohit S. Tapadiya Revenue By : Shri Amol Khairnar Date Of Hearing : 21.11.2024 Date Of Pronouncement : 18.02.2025 आदेश / Order Per Vinay Bhamore, Jm: These Cross Appeals Filed By The Assessee As Well As By The Revenue Are Directed Against The Order Dated 16.10.2023 Passed By Ld.Cit(A)/Nfac For The Assessment Year 2020-21 Respectively.

iv) otherwise acquires or disposes of assets, or incurs or settles liabilities, denominated in a foreign currency. (h) "Forward exchange contract" means an agreement to exchange different currencies at a forward rate, and includes a foreign currency option contract or another financial instrument of a similar nature; (i) "Forward rate" is the specified exchange rate for exchange of two Currencies

DCIT CIRCLE-1, NASHIK vs. JYOTI PAPER UDYOG LIMITED, NASHIK

In the result, appeal of the Revenue is dismissed

801A, 801B etc. Thus, it is observed that the payments made by the appellant to the four related parties u/s 40A(2), exceeding Rs.5 crore fell within the scope of Specified Domestic Transactions (SDT\") as defined under clause (i) of section 92BA as existing on the Statute Books during/for the relevant period. The transactions entered with the related parties

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-8, PUNE, PUNE vs. ADVIK HI-TECH PVT. LTD., PUNE

In the result, the cross appeal filed by the Revenue in ITA\nNo

iv) otherwise acquires or disposes of assets, or incurs or\nsettles liabilities, denominated in a foreign currency.\n(h) \"Forward exchange contract\" means an agreement to\nexchange different currencies at a forward rate, and includes\na foreign currency option contract or another financial\ninstrument of a similar nature;\n(i) \"Forward rate\" is the specified exchange rate for exchange