RAJEEV BRIJBHUSHAN BHATNAGAR,MUMBAI vs. INCOME TAX OFFICER-28(2)(1), MUMBAI, VASHI

In the result, the appeal of the assessee is allowed

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Assessment Year: 2010-11 Rajeev Brijbhushan Bhatnagar, Ito-28(2)(1), C/O Ca Himanshu Gandhi Tower No. 6, Vashi Railway Station Vs. Chartered Accountants 16Th Floor, Commercial Complex, Vashi, D Wing, Trade World Tower, Navi Mumbai-400703. Kamala Mills Compound, Lower Parel, Mumbai-400013. Pan No. Acfpb 2967 G Appellant Respondent

exemption under section 54 of Income Tax Act under section 54 of Income Tax Act 2. Briefly stated, facts of the case are that against reassessment Briefly stated, facts of the case are that against reassessment Briefly stated, facts of the case are that against reassessment order passed u/s 147

AMBUJA CEMENT INDIA P.LTD,MUMBAI vs. ASST CIT CIR 3(1), MUMBAI

In the result appeal of the assessee is allowed as indicated above

Bench: Shri Joginder Singh & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No.2600/Mum/2014 (नििाारण वर्ा / Assessment Year : 2005-06)

exempt income u/s 10 of the 1961 Act. The AO observed that the assessee is maintaining common books of accounts and hence the expenses are to be apportioned between different heads of income. The AO disallowed expenses on proportionate basis to the tune of Rs. 7,21,181/- u/s 14A of the 1961 Act while framing original assessment order dated

INCOME TAX OFFICER, 25.1.1,MUMBAI , MUMBAI vs. J M FINACIAL PROPERTY FUND II, MUMBAI

In the result, the appeal of the Revenue is dismissed

Bench: Shri Om Prakash Kant () & Shri Sunil Kumar Singh () Assessment Year: 2012-13 Income Tax Officer-25(1)(1), J M Financial Property Fund Ii, 1St Floor, Room No. 115, Kautilya 141, Makers Chambers Iii, Vs. Bhavan, G Block, Bandra Kurla Nariman Point, Complex, Bandra (E), Mumbai-400021. Mumbai-400051. Pan No. Aabtj 0512 D Appellant Respondent

reassessment issue of notice u/s 148 of the Act on 31.03.2019. The reassessm issue of notice u/s 148 of the Act on 31.03.2019. The reassessm was completed by the Assessing Officer on 29.01.2020 passed u/s was completed by the Assessing Officer on 29.01.2020 passed u/s was completed by the Assessing Officer on 29.01.2020 passed u/s 147 of the Act wherein

SAI PRERNA CO-OP. CREDIT SOCIETY LTD,MUMBAI vs. ITO WD 17(3) (2) , MUMBAI

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

Bench: Shri Kuldip Singh () & Shri Om Prakash Kant () Assessment Year: 2012-13 Sai Prerana Co-Op Society Ltd., Ito-7(3)(2), 317, Puran Aasha Bldg. Gr. Fl. Room No. 126, 1St Floor, Narashi Natha Street, Katha Vs. Kautilya Bhavan, C-41 To C- Bazar Musjid Bunder (W), 43 Block, Bandra Kurla Mumbai-400 009. Complex, Bandra (East) Mumbai-400051. Pan No. Aadts 5638 M Appellant Respondent Assessee By : Ms. Ruby Srivastava & Mr. Bharat Kumar, Ca Revenue By : Mr. Milind S. Chavan, Dr Date Of Hearing : 27/04/2023 : Date Of Pronouncement 28/04/2023 Order

u/s 800(2) which is clearly in contravention to provisions of the Act. The income from FD contravention to provisions of the Act. The income from FD contravention to provisions of the Act. The income from FD was required to be offered under the head "income from other s required to be offered under the head "income from other

MR NILESH BHARANI,MUMBAI vs. DCIT CC 4(1), MUMBAI

Bench: Shri Amit Shukla, Jm & Shri Amarjit Singh, Am आयकरअपीलसं./ I.T.A. No. 612/Mum/2020 (निर्धारणवर्ा / Assessment Year: 2011-12)

u/s 153C of the Act, issues a notice u/s 153C to file a return of income for reassessment, then he makes an assessment / reassessment of such income u/s 153A of the Act. 65. Now, the entire procedure is the same except under different sections having two separate contingencies. In our opinion, the Legislature has not left any discretion