WIND FINANCIAL SERVICES LLP,DAMAN & DIU vs. PCIT, VALSAD
In the result, the appeal of the assessee is allowed
ITA 501/SRT/2024[2014-15]Status: DisposedITAT Surat21 May 2025AY 2014-15
Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita Nos.501 & 502/Srt/2024 (Ays: 2014-15 & 2015-16) (Hybrid Hearing) Wind Financial Services Llp, Vs. The Pcit, [Formerly Known Wind Financial Valsad Services Pvt. Ltd.] Shop No.102/A, 436 Sq Feet Built Up, Dabhel, Daman & Diu, Valsad – 396215 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aadfw6369H (Appellant) (Respondent) Appellant By Shri S. N. Divetia, Ar Respondent By Shri Ritesh Mishra, Cit-Dr Date Of Hearing 12/03/2025 Date Of Pronouncement 21/05/2025 आदेश / O R D E R Per Bijayananda Pruseth, Am: These Appeals By The Assessee Emanate From The Orders Passed Under Section 263 Of The Income-Tax Act, 1961 (In Short, ‘The Act’) By The Learned Principal Commissioner Of Income Tax, Valsad [In Short, ‘Ld. Pcit’], Dated 16.03.2024 For Assessment Years (Ays) 2014-15 & 2015-16. Since Facts Of The Cases & The Grounds Taken Up In The Appeals Are Similar Except Variation In The Amount, These Appeals Were Heard Together & A Common Order Is Passed For The Sake Of Convenience & Brevity. Ita No. 501/Srt/2024 Is Taken As The ‘Lead Case’.
Section 142(1)Section 143(3)Section 147Section 148Section 263
section 263 of the Income-tax Act, 1961 (in short, ‘the Act’) by the learned
Principal Commissioner of Income Tax, Valsad [in short, ‘ld. PCIT’], dated
16.03.2024 for assessment years (AYs) 2014-15 and 2015-16. Since facts of the cases and the grounds taken up in the appeals are similar except variation in the amount, these appeals were heard
