DCIT CIRCLE 1 NASHIK, NASHIK vs. SHREE SAI PROPERTIES, NASHIK

In the result, appeal of the Revenue is dismissed

Bench: Dr. Manish Borad & Shri Vinay Bhamore

reassessment in cases where assets belonging to the assessee or books of account or documents, which contain information pertaining to the assessee are found pursuant to a search conducted under Section 132 of the Act or requisition made under Section 132A of the Act, in respect of a person other than the assessee.” Accordingly, it is to submit that

BAJAJ HOUSING FINANCE LIMITED,PUNE vs. ITO, WARD-8(1), PUNE, PUNE

In the result, the appeal filed by the assessee is allowed

Bench: Dr.Manish Borad

57,749/- as was disclosed by the assessee in the revised computation of total income filed on 18.09.2019. 8. In response to the penalty proceedings initiated u/s 270A of the Act dated 01.10.2019, the assessee submitted a reply vide letter dated 06.12.2019 narrating the entire facts of the case and also bringing to the notice of the ld AO that

SHATRUNJAY PARKS AND RESORTS P LTD., ,KOLHAPUR vs. INCOME-TAX OFFICER, CENTRAL, KOLHAPUR

Appeal is allowed

Bench: Shri Satbeer Singh Godara & Dr. Dipak P. Ripote

57]’ 10. It is palpable that the Explanation has not enhanced the scope of the provision. It simply embodies the position more clearly, which is already embedded in the opening part of section 147 providing that the AO may: `assess or reassess

MEENAKSHI DHANAJI PATIL,,KOLHAPUR vs. INCOME-TAX OFFICER, WARD - 2 (2),, KOLHAPUR

Appeal is allowed

Bench: Shri S.S.Godara

57]’ 10. It is palpable that the Explanation has not enhanced the scope of the provision. It simply embodies the position more clearly, which is already embedded in the opening part of section 147 providing that the AO may: `assess or reassess

RAMANLAL BHIKULAL SHAH,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE , PUNE

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

reassessment under Section 153C of the Act has been specified as twelve months from the end of financial year during which the last authorisation to search under section 132 of the Act or requisition under section 132A of the Act, was executed.” 37. The Ld. Counsel for the assessee submitted that typically, the jurisdiction u/s 127 is assigned in favour

CHITRA NARENDRA PARMAR ,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE , PUNE

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

reassessment under Section 153C of the Act has been specified as twelve months from the end of financial year during which the last authorisation to search under section 132 of the Act or requisition under section 132A of the Act, was executed.” 37. The Ld. Counsel for the assessee submitted that typically, the jurisdiction u/s 127 is assigned in favour

CHITRA NARENDRA PARMAR,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), PUNE, PUNE

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

reassessment under Section 153C of the Act has been specified as twelve months from the end of financial year during which the last authorisation to search under section 132 of the Act or requisition under section 132A of the Act, was executed.” 37. The Ld. Counsel for the assessee submitted that typically, the jurisdiction u/s 127 is assigned in favour

RAMLAL BHIKULAL SHAH,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE , PUNE

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

reassessment under Section 153C of the Act has been specified as twelve months from the end of financial year during which the last authorisation to search under section 132 of the Act or requisition under section 132A of the Act, was executed.” 37. The Ld. Counsel for the assessee submitted that typically, the jurisdiction u/s 127 is assigned in favour

ASHOK BHARTI GOSWAMI,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE , PUNE

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

reassessment under Section 153C of the Act has been specified as twelve months from the end of financial year during which the last authorisation to search under section 132 of the Act or requisition under section 132A of the Act, was executed.” 37. The Ld. Counsel for the assessee submitted that typically, the jurisdiction u/s 127 is assigned in favour

DEEPAK KANTILAL JAIN,PUNE vs. ACIT, CENTRAL CIRCLE 2(1), PUNE , PUNE

The appeal stands dismissed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

reassessment under Section 153C of the Act has been specified as twelve months from the end of financial year during which the last authorisation to search under section 132 of the Act or requisition under section 132A of the Act, was executed.” 37. The Ld. Counsel for the assessee submitted that typically, the jurisdiction u/s 127 is assigned in favour

KUMAR GAURAV SHARMA ,CURRENTLY EMPLOYED IN USA vs. ASSESSING OFFICER , PUNE

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

57,902/-. The return was processed vide intimation order passed\nu/s 143(1) of the Act on 25.02.2021 denying the claim of the assessee. The\nassessee filed rectification application on 07.04.2021 u/s 154 of the Act. The\nFTC was not allowed even in the rectification order u/s 154 of the Act dated\n29.04.2021. The claim of the FTC has been

SMT . SUSHILABAI ISHWARDAS BAMB,,PUNE vs. INCOME-TAX OFFICER, WARD - 5(1),, PUNE

In the result, the appeal is dismissed

Bench: Shri R.S. Syal & Shri Partha Sarathi Chaudhury

reassessment order, because the same was passed without disposal of the objections filed by the appellant against the second notice under section 148 of the Act, dt.28.3.2016, vide her letter, dt.17.12.2016. 9. All the aforesaid Grounds of Appeal are without prejudice to one another. 3 Smt. Sushilabai Ishwardas Bamb 10. The appellant craves-leave to add, alter, amend, modify

POONA CLUB LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 4, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

reassessment proceedings. Hence, the cross appeals filed by the Revenue do not survive. 16. In the result, the cross appeals of the Revenue in ITA Nos.1235 & 1236/PUN/2017, A.Y. 2008-09 & 2009-10 stand dismissed. ITA No.894/PUN/2017, A.Y. 2011-12 – By Assessee : ITA No.1237/PUN/2017, A.Y. 2011-12 – By Revenue : 17. Briefly, the facts of the case are that the assessee

ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE - 4,, PUNE vs. M/S. POONA CLUB LTD,, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

reassessment proceedings. Hence, the cross appeals filed by the Revenue do not survive. 16. In the result, the cross appeals of the Revenue in ITA Nos.1235 & 1236/PUN/2017, A.Y. 2008-09 & 2009-10 stand dismissed. ITA No.894/PUN/2017, A.Y. 2011-12 – By Assessee : ITA No.1237/PUN/2017, A.Y. 2011-12 – By Revenue : 17. Briefly, the facts of the case are that the assessee

POONA CLUB LTD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

reassessment proceedings. Hence, the cross appeals filed by the Revenue do not survive. 16. In the result, the cross appeals of the Revenue in ITA Nos.1235 & 1236/PUN/2017, A.Y. 2008-09 & 2009-10 stand dismissed. ITA No.894/PUN/2017, A.Y. 2011-12 – By Assessee : ITA No.1237/PUN/2017, A.Y. 2011-12 – By Revenue : 17. Briefly, the facts of the case are that the assessee

POONA CLUB LTD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

reassessment proceedings. Hence, the cross appeals filed by the Revenue do not survive. 16. In the result, the cross appeals of the Revenue in ITA Nos.1235 & 1236/PUN/2017, A.Y. 2008-09 & 2009-10 stand dismissed. ITA No.894/PUN/2017, A.Y. 2011-12 – By Assessee : ITA No.1237/PUN/2017, A.Y. 2011-12 – By Revenue : 17. Briefly, the facts of the case are that the assessee

POONA CLUB LTD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 4,, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

reassessment proceedings. Hence, the cross appeals filed by the Revenue do not survive. 16. In the result, the cross appeals of the Revenue in ITA Nos.1235 & 1236/PUN/2017, A.Y. 2008-09 & 2009-10 stand dismissed. ITA No.894/PUN/2017, A.Y. 2011-12 – By Assessee : ITA No.1237/PUN/2017, A.Y. 2011-12 – By Revenue : 17. Briefly, the facts of the case are that the assessee

ASSISTANT COMMISSIONER OF INCOME TAX,, PUNE vs. M/S. POONA CLUB LTD.,, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

reassessment proceedings. Hence, the cross appeals filed by the Revenue do not survive. 16. In the result, the cross appeals of the Revenue in ITA Nos.1235 & 1236/PUN/2017, A.Y. 2008-09 & 2009-10 stand dismissed. ITA No.894/PUN/2017, A.Y. 2011-12 – By Assessee : ITA No.1237/PUN/2017, A.Y. 2011-12 – By Revenue : 17. Briefly, the facts of the case are that the assessee

POONA CLUB LTD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,, PUNE

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

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

reassessment proceedings. Hence, the cross appeals filed by the Revenue do not survive. 16. In the result, the cross appeals of the Revenue in ITA Nos.1235 & 1236/PUN/2017, A.Y. 2008-09 & 2009-10 stand dismissed. ITA No.894/PUN/2017, A.Y. 2011-12 – By Assessee : ITA No.1237/PUN/2017, A.Y. 2011-12 – By Revenue : 17. Briefly, the facts of the case are that the assessee