YASH DEVELOPERS,MUMBAI vs. DCIT 27(3) , MUMBAI

In the result, the appeal of the assessee is allowed

Bench: Shri Om Prakash Kant () & Shri Pavan Kumar Gadale () Assessment Year: 2009-10 Yash Developers, Dcit-27(3), 1St Flr Anand, 7Th Road, 4Th Floor, Tower No. 6, Vashi Maryland Apartment, D.K. Vs. Station Complex, Sandhu Marg, Chembur, Vashi-400703 Mumbai-400071. Pan No. Aaafy 6171 A Appellant Respondent Assessee By : Mr. Mandar Vaidya, Ar Revenue By : Mr. Harmesh Lal, Dr : Date Of Hearing 23/02/2023 : Date Of Pronouncement 31/03/2023 Order

disallowable. According to ccording to Assessing Officer, this being a mistake this being a mistake apparent from record apparent from record, he rectified the claim of the assessee of he rectified the claim of the assessee of remuneration to partners vide order u/s 154 of the Act dated ration to partners vide order u/s 154 of the Act dated ration

D.C.I.T. CENT. CIR. - 7(2), MUMBAI vs. RAJAHMUNDHRY EXPRESSWAY LTD., MUMBAI

In the result, appeals are dismissed

Bench: Shri Saktijit Dey & Shri G. Manjunatha

disallowed the depreciation claimed by the assessee at ` 2,82,47,295. 23. Before us, the learned Counsel for the assessee submitted, by acquiring the right to collect annuity, the assessee has acquired a valuable commercial right which is an intangible asset within the 40 Rajahmundry Expressway Ltd. meaning of section 32(1)(ii). Thus, he submitted, assessee‟s claim

BAJAJ ELECTRICALS LTD,MUMBAI vs. ADDL CIT 2(1), MUMBAI

Accordingly we remit the impugned issue back to the AO with similar directions. The grounds raised by the assessee in this regard are allowed for statistical purposes

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

disallowance under section 14A r.w.r. 8D cannot be applied in assessee's case. The relevant provisions of section 14A of the Act and Rule 8D of the Income Tax Rules read as under – 14A - Expenditure incurred in relation to income not includible in total income (1) For the purposes of computing the total income under this Chapter, no deduction shall

BAJAJ ELECTRICALS LTD,MUMBAI vs. ADDL CIT 2(1), MUMBAI

Accordingly we remit the impugned issue back to the AO with similar directions. The grounds raised by the assessee in this regard are allowed for statistical purposes

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

disallowance under section 14A r.w.r. 8D cannot be applied in assessee's case. The relevant provisions of section 14A of the Act and Rule 8D of the Income Tax Rules read as under – 14A - Expenditure incurred in relation to income not includible in total income (1) For the purposes of computing the total income under this Chapter, no deduction shall

DCIT 2(1)(1), MUMBAI vs. BAJAJ ELECTRICALS LTD, MUMBAI

Accordingly we remit the impugned issue back to the AO with similar directions. The grounds raised by the assessee in this regard are allowed for statistical purposes

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

disallowance under section 14A r.w.r. 8D cannot be applied in assessee's case. The relevant provisions of section 14A of the Act and Rule 8D of the Income Tax Rules read as under – 14A - Expenditure incurred in relation to income not includible in total income (1) For the purposes of computing the total income under this Chapter, no deduction shall

ASIA INVESTMENTS PVT.. LTD.,MUMBAI vs. DCIT ,CIRCLE 2 (1)(1), MUMBAI

In the result, all the three appeal

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan ()

154 (SC), it was submitted that disallowance under section 14A of the , it was submitted that disallowance under section 14A of the , it was submitted

RELIANCE INDUSTRIES LIMITED,MUMBAI vs. DCIT (LTU)-2, MUMBAI

In the result, this appeal by the assessee is partly allowed

Bench: Hon’Ble Justice P.P.Bhatt & Shri Shamim Yahya

section 154(7) 1 143(3) 26-12-2011 Regular assessment order u/s 143(3) 31-03-2016 2 143(3) 11-05-2012 Reopening of assessment disallowing

BAJAJ ELECTRICALS LTD,MUMBAI vs. ADDL CIT 2(1), MUMBAI

Accordingly we remit the impugned\nissue back to the AO with similar directions. The grounds raised by the assessee in\nthis regard are allowed for statistical purposes

disallowance under section 14A r.w.r. 8D\ncannot be applied in assessee's case. The relevant provisions of section 14A of the\nAct and Rule 8D of the Income Tax Rules read as under\n14A - Expenditure incurred in relation to income not includible in total income\n(1) For the purposes of computing the total income under this Chapter, no deduction

DCIT-1(1)(2), MUMBAI vs. M/S HINDUSTAN PETROLEUM CORPORATION LTD., MUMBAI

disallowance of leave encashment, and foreign exchange variation losses were addressed, with some issues being remitted back to the Assessing Officer.", "result": "Allowed/Dismissed/Partly Allowed/Remanded", "sections": ["Section 14A", "Rule 8D", "Section 43B(f)", "Section 37(1)", "Section 115JB", "Section 154

DEPUTY COMMISSIONER OF INCOME TAX CC-7(3), MUMBAI vs. M/S MACROTECH DEVELOPERS LIMITED (FORMERLY KNOWN AS LODHA DEVELOPERS PVT LTD) (SUCCESSOER OF M/S BELLISSIMO CROWN BUILDMART PVT LTD ), MUMBAI

Accordingly should be allowed as a deduction

Bench: Shri Kuldip Singh () & Ms. Padmavathy S. ()

154 (SC) to hold that all investments including purchase of shares for gaining control over the investing company to be considered for making disallowance under section