JOINT COMMISSIONER OF INCOME TAX 1(1)(1), MUMBAI V. ALLANA SONS PRIVATE LIMITED, MUMBAI

ITA 2109/MUM/2018

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 3262 (ITAT-MUMBAI)
• Duration Of Justice: 4 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-08-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 05-04-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH H MUMBAI BEFORE SHRI C.N. PRASAD (JUDICIAL MEMBER) AND SHRI N.K. PRADHAN (ACCOUNTANT MEMBER) ITA NO. 4680/MUM/2017 ASSESSMENT YEAR: 2011 - 12 DCIT, CENTRAL CIRCLE - 8(1), MUMBAI ROOM NO. 656, 6 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. SHRI RAMESH G. GOWANI, 501, COMMERCE HOUSE, 140, N.M. ROAD, FORT, MUMBAI - 400023. PAN NO. AAEPG3540M APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 4706/MUM/2017 ASSESSMENT YEAR: 2010 - 11 ACIT - 16(1), ROOM NO. 439, AAYAKAR BHAVAN, M.K. MARG, MUMBAI - 400020. VS. M/S TRIMURTI FILMS P. LTD. B - 11, COMMERCE CENTRE, TARDEO ROAD MUMBAI - 400034. PAN NO. AAACT4118M APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 2 ITA NO. 4907/MUM/2017 ASSESSMENT YEAR: 2013 - 14 INCOME TAX OFFICER - 1(3)(2), ROOM NO. 541, 5 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S SHREE MADHU INDUSTRIAL ESTATE LTD. (NOW KNOWN AS MADHU CORPORATION PARK LTD.) MADHU INDUSTRIAL ESTATE, GROUND FLOOR, PANDURANG BUDHKAR MARG, MUMBAI - 400013. PAN NO. AAACS6532J APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 4908/MUM/2017 ASSESSMENT YEAR: 2013 - 14 INCOME TAX OFFICER - 1(3)(2), ROOM NO. 541, 5 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S SPS FINQUEST PVT. LTD. G - 702, KESHAV KUNJ 1, SECTOR 30, VASHI, NAVI MUMBAI - 400705 PAN NO. AAACC2671C APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 3 ITA NO. 5038/MUM/2017 ASSESSMENT YEAR: 2013 - 14 ASST. COMMISSIONER OF INCOME TAX CIRCLE - 32(2), ROOM NO. 308, 3 RD FLOOR, C - 11, PRATYAKSHAKAR BHAVAN, BANDRA KURLA COMPLEX, BANDRA (E), MUMBAI - 400051. VS. M/S NAITIK GEMS, 1103 - A, ADITYA TOWER, CHANDVARKAR LANE, BORIVALI (W), MUMBAI - 400092. PAN NO. AAEFN5488M APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 4997/MUM/2017 ASSESSMENT YEAR: 2007 - 08 & ITA NO. 4998/MUM/2017 ASSESSMENT YEAR: 2008 - 09 ACIT - 17(3), MUMBAI ROOM NO. 137, 1 ST FLOOR, AAYAKAR BHAVAN, M.K. MARG, MUMBAI - 400020.. VS. M/S SAIF MARINE, 220, 2 ND FLOOR, VYAPAR BHAVAN 49, P.DMELLO ROAD, MASJID BUNDER, MUMBAI - 400009 PAN NO. AAPFS3198E APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 4 ITA NO. 5059 /MUM/2017 ASSESSMENT YEAR: 2011 - 12 INCOME TAX OFFICERR - 32(2)(4), ROOM NO. 306, 3 RD FLOOR, C - 11, PRATYAKSHAKAR BHAVAN, BANDRA KURLA COMPLEX, BANDRA (E), MUMBAI - 400051. VS. M/S NAITIK GEMS, 1103 - A, ADITYA TOWER, CHANDVARKAR LANE, BORIVALI (W), MUMBAI - 400092. PAN NO. AAEFN5488M APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 5071/MUM/2017 ASSESSMENT YEAR: 2008 - 09 THE ACIT - 25(2), ROOM NO. 508, C - 10, 5 TH FLOOR, PRATYAKSHAKAR BHAVAN BANDRA KURLA COMPLEX, BANDRA (E), MUMBAI - 400051. VS. M/S DEVASHYA, 11/14, HARI NIWAS, HANUMAN CROSS ROAD, VILE PARLE, MUMBAI - 400056. PAN NO. AAAFD1690H APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 5109/MUM/2017 ASSESSMENT YEAR: 2012 - 13 THE ITO - 21(2)(2), ROOM NO. 111, 1 ST FLOOR, PIRAMAL CHAMBERS, PAREL, MUMBAI - 400012. VS. MS. MADHVI SANJAY PATIL FLAT NO. 4, DURGESH DADAR CHS, S.B. MARG, DADAR, MUMBAI - 400028. PAN NO. ALDPP2490H APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 5 ITA NO. 5160/MUM/2017 ASSESSMENT YEAR: 2010 - 11 DCIT - 4(3)(1) R.N. 649, 6 TH FLOOR, AAYAKAR BHAVAN, MUMBAI - 400020. VS. M/S PERFECT CORPORATION SERVICES LTD. 301, SONA CHAMBERS, 507/509, JSS ROAD, CIRA BAZAR, MARINE LINES (E), MUMBAI - 400002 PAN NO. AADCP0907H APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 5161/MUM/2017 ASSESSMENT YEAR: 2010 - 11 DCIT - 4(2)(1) R.NO. 649, 6 TH FLOOR, AAYAKAR BHAVAN, MUMBAI - 400020. VS. M/S RUKSHMANI SYNTEX PVT. LTD. OFFICE NO. 47 - 48, MITTAL INDUSTRIAL ESTATE, SIR M. V. ROAD, ANDHERI (E), MUMBAI - 400059. PAN NO. AAACR2507C APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 5169/MUM/2017 ASSESSMENT YEAR: 2012 - 13 D CIT CIR - 6(3)(2), R. NO. 506, 5 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S JAMNOTRI IMPEX PVT. LTD., 404, ANAND BUILDING, 82, 84, KAZI SYED STREET, MASJID BANDAR, MUMBAI - 400003 PAN NO. AAA CJ0974D APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 6 ITA NO. 5174/MUM/2017 ASSESSMENT YEAR: 2013 - 14 DEPUTY /ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 3 KALYAN, 2 ND FLOOR, RANI MANSION, MURBAD ROAD, KALYAN (W) - 421301 VS. M/S PRABHAT TRADE LINK 03, NAYANKAMAL APARTMENT OPP. MAHILA MANDAL BAZAR PETH, KALYAN (W) - 421301. PAN NO. AABFP9025B APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 4747/MUM/2017 ASSESSMENT YEAR: 2007 - 08 ACIT - 33(3) C - 12, 6 TH FLOOR, R. NO. 607, PRATYAKSHAKAR BHAVAN, B.K.C., BANDRA (EAST) MUMBAI - 400051. VS. SMT. RE ENA A. GOYAL, 1503, CHALLENGER TOWER, II, THAKUR VILLAGE, KANDIVALI EAST, MUMBA I - 400101. PAN NO. AGSPG7620C APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : MR. ANKUSH AGARWAL, AR SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 7 ITA NO. 4865/MUM/2017 ASSESSMENT YEAR: 2012 - 13 ITO - 26(3)(4), ROOM NO. 507, 5 TH FLOOR, C - 11, PRATYAKSHAKAR BHAVAN, BANDRA KURLA COMPLEX, MUMBAI - 400051. VS. SHRI VINOD SAYAJI SURYAVANSHI 2 - B, SAI SHRADHA CHS LTD. V.S. ROAD, MOHALI VILLAGE, SAKINAKA, MUMBAI - 400072. PAN NO. AVXPS4296E APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 4903/MUM/2017 ASSESSMENT YEAR: 2011 - 12 DY. COMMISSIONER OF INCOME TAX - 11(2)(1), ROOM NO. 417, AAYAKAR BHAVAN, M.K. MARG, MUMBAI - 400020. VS. C.R. RAJESH NAIR A - 801, N.G. GARDEN, BUNDER PAKHADI ROAD, KANDIVALI (W), MUMBAI - 400067. PAN NO. ADRPN0413A APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 8 ITA NO. 4921/MUM/2017 ASSESSMENT YEAR: 2011 - 12 ACIT, CIRCLE - 11(3)(2), ROOM NO. 427, AAYAKAR BHAVAN, 4 TH FLOOR, M.K. MARG, MUMBAI - 400020. VS. M/S WILHELMSEN SHIP MANAGEMENT (INDIA) PVT. LTD. 31/32 APPLE HERITAGE, SIR. MV ROAD, PLOT NO. 4C, ANDHERI (E), MUMBAI - 400093. PAN NO. AAACI1614H APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : MR. NISHANT THAKKAR, AR ITA NO. 4817/MUM/2017 ASSESSMENT YEAR: 2011 - 12 DCIT - 4(1)(1), ROOM NO. 640, 6 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S EMKAY GLOBAL FINANCIAL SERVICES LTD. THE RUBY, 7 TH FLOOR, SENAPATI BAPAT MARG, DADAR (W), MUMBAI - 400028. PAN NO. A AACE0994L APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 4870/MUM/2017 ASSESSMENT YEAR: 2009 - 10 DCIT - 12(1)(1), ROOM NO. 223, 2 ND FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S ALUWIND ARCHITECTURAL PVT. LTD. 16, MUNICIPAL SHOPPING CENTRE, MITHA NAGAR, GOREGAON (W), MUMBAI - 400090. PAN NO. AAECA5798A APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 9 ITA NO. 4884/MUM/2017 ASSESSMENT YEAR: 2013 - 14 DEPUTY COMMISSIONER OF INCOME TAX - 1(3)(2), ROOM NO. 540, 5 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S TIA CONSTRUCTION CO. PVT. LTD. TANNA HOUSE, 1 ST FLOOR, 11/A, NATHALAL PARIKH MARG, COLABA, MUMBAI - 400039. PAN NO. A ALCS1888E APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 4878/MUM/2017 ASSESSMENT YEAR: 2009 - 10 ACIT - 19(3), MATRU MANDIR, 2 ND FLOOR, R.NO. 206, TARDEO ROAD, MUMBAI - 400007 VS. SHREE VINOO K. NAIK 236 - BLUE ROASE INDUSTRIAL ESTATE, 2 ND FLR, WESTERN EXPRESS HIGHWAY, BORIVALI (E), MUMBAI - 400086 PAN NO. AACPN2962L APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 4895/MUM/2017 ASSESSMENT YEAR: 2009 - 10 INCOME TAX OFFICER - 26(2)(4), R. NO. 709, 7 TH FLOOR, C - 11, PRATYAKSHAKAR BHAVAN, BANDRA KURLA COMPLEX, BANDRA (E), MUMBAI - 400051. VS. M/S POWER MECH ENGG. CORPORATION, SHOP NO. 2, BHAIYASAHEB NAGAR, BARKAT ALI NAKA, WALADA (EAST), MUMBAI - 400037. PAN NO. AAFFP4713N APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 10 ITA NO. 1977/MUM/2018 ASSESSMENT YEAR: 2011 - 12 INCOME TAX OFFICER CIRCLE - 3(3)(3) ROOM NO. 672, AAYAKAR BHAVAN, M.K. ROAD, CHURCHGATE, MUMBAI - 400020. VS. M/S. TRAVEL MART INDIA PVT. LTD., 7, TULSIANI CHAMBERS, GROUND FLOOR, NARIMAN POINT, MUMBAI 400 021 PAN NO. AABCT 6760 E APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 1990/MUM/2018 ASSESSMENT YEAR: 2007 - 08 THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE - 16(2) ROOM NO. 440, 4TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, CHURCHGATE, MUMBAI - 400020. VS. SHRI KETAN R CHOKSHI 723/724 ARUN CHAMBERS, PT. M.M. MALVIYA MARG TARDEO ROAD, MUMBAI - 400 034 PAN NO. AABPC8082F APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 11 ITA NO. 2012/MUM/2018 ASSESSMENT YEAR: 2010 - 11 THE ASST. COMM ISSIONER OF INCOME TAX, CIRCLE - 13(1)(1) ROOM NO. 218, 2NDFLOOR, AAYAKARBHAVAN, M.K. ROAD, CHURCHGATE, MUMBAI - 400020. VS. SHRI MAHENDRA SINGH MEHTA 3401/C, OBEROI WOODS, MOHAN GOKHALE ROAD, GOREGAON (EAST) MUMBAI 400 063 PAN NO. AABPM7661 A APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 2015/MUM/2018 ASSESSMENT YEAR: 2012 - 13 THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE - 14(2)(1) ROOM NO. 432, 4TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, CHURCHGATE, MUMBAI - 400020. VS. M/S. HINDUSTAN DIAMOND PVT. LTD., DE 6010, BHARAT DIAMOND BOURSE, BANDRA KURLA COMPLEX, BANDRA (E), MUMBAI 400 051 PAN NO. AAACH0400Q APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : MR. MITESH N. SHAH SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 12 ITA NO. 2016/MUM/2018 ASSESSMENT YEAR: 2009 - 10 THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE - 8(2) ROOM NO. 658, 6TH FLOOR, AAYAKARBHAVAN, M.K. ROAD, CHURCHGATE, MUMBAI - 400020. VS. SHRI DEVAN K. GANDHI A/303, BALAJI GARDENS, SECTOR 11, KOPARKHAIRNE, NAVI MUMBAI 400 709 PAN NO. ABHPG0909N APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 2052/MUM/2018 ASSESSMENT YEAR: 2013 - 14 ASST. COMMISSIONER OF INCOME TAX - 25(3), MUMBAI ROOM NO. 601, C - 10, 6 TH FLOOR, PRATYAKSHAKAR BHAVAN, BANDRA KURLA COMPLEX, BANDRA (EAST), MUMBAI - 400051. VS. M/S MM CORPORATION, 402, BAJAJ VIEW, BAJAJ ROAD, VILE PARLE (W), MUMBAI - 400056. PAN NO. AAAFM1898E APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 13 ITA NO. 2070/MUM/2018 ASSESSMENT YEAR: 2013 - 14 ACIT - 17(2), ROOM NO. 134A, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S LEMUIR AIR EXPRESS ORICON HOUSE, 2 ND FLOOR, K DUBASH MARG, FORT, MUMBAI - 400023. PAN NO. AAAFL2518C APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 2074/MUM/2018 ASSESSMENT YEAR: 2014 - 15 INCOME TAX OFFICER - 20(3)(1), ROOM NO. 622, 6 TH FLOOR, PIRAMAL CHAMBERS, PAREL, MUMBAI - 400012. VS. RAMLINGAM PALANIAPPAN 10, SANGEET SAGAR, LAXMI NARAYAN LANE, MATUNGA, MUMBAI - 400019 PAN NO. AAKPP9603N APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 14 ITA NO. 2103/MUM/2018 ASSESSMENT YEAR: 2012 - 13 JCIT (TDS) (OSD) 2(3) 718, 7TH FLOOR, SMT K.G. MITTAL AYURVEDIC HOSPITAL BUILDING, CHARNIRAOD (W), MUMBAI 400 002 VS. M/S. ZEE ENTERTAINMENT ENTERPRISES LTD., 18TH FLOOR, MARATHON FUTUREX, N.M. JOSHI MARG., LOWER PAREL, MUMBAI 400 013 PAN NO. AAACZ0243 R APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : MR. JAY BHANSALI , AR ITA NO. 2109/MUM/2018 ASSESSMENT YEAR: 2013 - 14 DY. COMMISSIONER OF INCOME TAX CIRCLE 1(1)(1), ROOM NO. 533/579, 5TH FLOOR, AAYAKAR BHAVAN, M.K.ROAD, MUMBAI - 400 020. VS. M/S. ALLANA SONS PVT. LTD., ALLANA HOUSE, ALLANA ROAD COLABA, MUMBAI 400 001 PAN NO. AAACA4533D APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 15 ITA NO. 2139/MUM/2018 ASSESSMENT YEAR: 2014 - 15 INCOME TAX OFFICER, WARD 3(2) ROOM NO. 4, B WING, 6TH FLOOR, ASHAR I.T. PARK, WAGLE INDUSTRIAL ESTATE, THANE, MUMBAI 400 604. VS. M/S. ETERNITY CO - OP HOUSING SOCIETY LTD.,TELCO COMPOUND, NEXT TO ETERNITY MALL, DYANSADHANDA COLLEGE ROAD, TEEN HATH NAKA, THANE (W) - 400604 PAN NO. AAAAE2614 B APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 2144/MUM/2018 ASSESSMENT YEAR: 2012 - 13 DCIT CC - 7(3), ROOM NO. 655 6 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S PADMAVATI TOWNSHIP PVT. LTD. 412, 71 - G, VARDHMAN CHAMBER C.P. ROAD HORNIMAN CIRCLE FORT MUMBAI. PAN NO. AAFCM7826P APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 16 ITA NO. 2243/MUM/2018 ASSESSMENT YEAR: 2013 - 14 DY. COMMISSIONER OF INCOME TAX, RANGE - 9(1)(2), ROOM NO. 260, 2 ND FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S ASHRIT HOLDINGS LTD., A - 25, MIDC, STREET NO. - 3, MAROL INDUSTRIAL AREA, ANDHERI (E), MUMBAI - 400093. PAN NO. AAACA6083E APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 2287/MUM/2018 ASSESSMENT YEAR: 2011 - 12 DY. COMMISSIONER OF INCOME TAX, RANGE - 15(1)(1), ROOM NO. 470, 4THFLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S. FUDENBERG GALA HOUSEHOLD PRODUCT PRIVATE LTD B - 902/903/904, 9TH FLOOR, B - WING, 02 GALLERIA, PLOT NO. 23/24, MINERVA INDUSTRIAL ESTATE, NEAR ASHA NAGAR, OFF LBS MARG, MULUND (W), MUMBAI 4000 80 PAN NO. AADCG4345E APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 17 ITA NO. 2298/MUM/2018 ASSESSMENT YEAR: 2010 - 11 ASST. COMMISSIONER OF INCOME TAX, RANGE - 32(3), ROOM NO. 108, 1ST FLOOR, C - 11, PRATYAKSHAKARBHAVAN, BANDRAKURLA COMPLEX, BANDRA (EAST), MUMBAI - 400051 VS. SMT. SHITAL S SHAH 305, MADHUR APARTMENT, T.P.S. ROAD NO.56, BORIVALI WEST, MUMBAI 400 092 PAN NO. AXNPS2077F APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 2309/MUM/2018 ASSESSMENT YEAR: 2014 - 15 ASST. COMMISSIONER OF INCOME TAX CIRCLE 4, ROOM NO. 2, ASHAR I.T. PARK, 6TH FLOOR, A WING, ROAD NO.16Z, WAGLE INDUSTRIAL ESTATE, THANE, MUMBAI 400 604 VS. SHRI ANTHONY JOHN PEREIRA SHOP NO.4,5,6, GROUND FLOOR, BLDG NO.21B,AMOL NAGAR, NEAR NAIGAON STATION (W), VASAI PAN NO. AASPP8647 G APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 18 ITA NO. 2323/MUM/2018 ASSESSMENT YEAR: 2012 - 13 INCOME TAX OFFICER (E) - 2(3) PLOT NO. 6, SWAMI SHREE VALLABHDAS MARG, SION (W), MUMBAI - 400022. VS. M/S. SHREE VALLABH SHIKSHAN SANSTHAN ROOM NO. 513, 5 TH FLOOR, PIRAMAL CHAMBERS, LALBAUG, LOWER PAREL, MUMBAI - 400012. PAN NO. AAATV0044R APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 2330/MUM/2018 ASSESSMENT YEAR: 2013 - 14 INCOME TAX OFFICER - 32(1)(2), ROOM NO. 204, C - 11, 2NDFLOOR, PRATYAKSHKARBHAVAN, BANDRAKURLA COMPLEX, BANDRA (E), MUMBAI 400 051. VS. SHRI ASHOK V. VIRADIA B - 202, BUILDING NO.7, PREM NAGAR, MANDPESHWAR ROAD, BORIVALI (W) MUMBAI 400 092 PAN NO. AAIPV3260B APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 19 ITA NO. 2331/MUM/2018 ASSESSMENT YEAR: 2013 - 14 THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE - 2(2)(1), ROOM NO. 545, 5 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, CHURCHGATE, MUMBAI - 400020. VS. M/S INDAGRO FOODS PVT. LTD. ALLANA HOUSE, 4, ALLANA ROAD, COLABA, MUMBAI - 400001. PAN NO. AAACI6584Q APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 2345/MUM/2018 ASSESSMENT YEAR: 2013 - 14 THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE - 9(3)(1), ROOM NO. 215, 2ND FLOOR, AAYAKARBHAVAN, M.K. ROAD, CHURCHGATE, MUMBAI - 400020. VS. M/S. FIRST FITNESS INDIA PVT. LTD., 201/203, TRADE AVENUE, SUREN ROAD, ANDHERI (E), MUMBAI 400 093 PAN NO. AAACL2475P APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 20 ITA NO. 2404/MUM/2018 ASSESSMENT YEAR: 2013 - 14 THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE - 3(3)(2), ROOM NO. 609, 6TH FLOOR, AAYAKARBHAVAN, M.K. ROAD, CHURCHGATE, MUMBAI - 400020. VS. M/S. TALWAR EQUITY MANAGEMENT PVT., LTD., 301 - A, 3RD FLOOR, POONAM CHAMBERS, DR. ANNIE BESANT ROAD, WORLI, MUMBAI 400 018 PAN NO. AADCT0048B APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 2455/MUM/2018 ASSESSMENT YEAR: 2013 - 14 THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE - 8(1)(2), ROOM NO. 651, 6TH FLOOR, AAYAKARBHAVAN, M.K. ROAD, CHURCHGATE, MUMBAI - 400020. VS. M/S. SAP HOLDINGS AND LEASING PVT. LTD., 53, DATTABHAVAN, VIJAY MANJREKAR LANE, GOKHALE ROAD, DADAR (W), MUMBAI 400 028 PAN NO. AAFCS7429B APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 21 ITA NO. 2612/MUM/2018 ASSESSMENT YEAR: 2011 - 12 INCOME TAX OFFICER 25(3)(2) ROOM NO. 604, C - 10, 6TH FLOOR PRATYAKSHKARBHAVAN, BANDRAKURLA COMPLEX, BANDRA (E), MUMBAI 400 051 VS. SHRI PRANAV SURESH BHATT 1ST FLOOR, CHIRANJEEV, GULMOHAR CROSS ROAD NO.4, JVPD SCHEME, JUHU, MUMBAI 400 049 PAN NO. AFJPB6846H APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 2624/MUM/2018 ASSESSMENT YEAR: 2011 - 12 THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE 13(1)(1) 2ND FLOOR, ROOM NO.218 AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400 020 VS. M/S. OTIS ELEVATOR COMPANY (INDIA) LTD., 9TH FLOOR, MAGNUS TOWER, LINK ROAD, MALAD (W), MUMBAI 400 064 PAN NO. AAACO0481E APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : MR. FIROZE ANDHYARUJINA, AR SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 22 ITA NO. 2634/MUM/2018 ASSESSMENT YEAR: 2013 - 14 DCIT CC - 7(2), ROOM NO. 655, 6 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S DSG CORPORATION PVT. LTD. 103A, SWISS CORNER, SHASTRI NAGAR, VARSOVA, ANDHERI (W), MUMBAI - 400053. PAN NO. AAACD5064G APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : MR. SHRI PRATEEK JAIN , AR ITA NO. 2651/MUM/2018 ASSESSMENT YEAR: 2014 - 15 INCOME TAX OFFICER, CIRCLE 13(3)(4) ROOM NO. 216B, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020 VS. M/S. THIRD EYE INTEGRATED SERVICES PVT. LTD., 4TH FLOOR, LALANI AURA, 34TH ROAD, B ANDRA (WEST), MUMBAI 400 050. PAN NO. AAECT3554D APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 23 ITA NO. 2654/MUM/2018 ASSESSMENT YEAR: 2013 - 14 DCIT - 13(2)(1), ROOM NO. 146, 1 ST FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S SAPA BUILDING SYSTEM PVT. LTD. DHEERAJ HERITAGE, NEAR MILAN MALL SANTACRUZ (M) MUMBAI - 400054. PAN NO. AAPCS4488N APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 2676/MUM/2018 ASSESSMENT YEAR: 2014 - 15 DY. COMMISSIONER OF INCOME TAX CENTRAL CIRCLE - 8(4), 6 TH FLOOR, ROOM NO. 658, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/S BERMACO ENERGY SYSTEMS PVT. LTD. D - 73/1, TTC INDUSTRIAL AREA, MIDC ROAD, TURBHE, NAVI MUMBAI - 400705 PAN NO. AAACB272N APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : NONE ITA NO. 2738/MUM/2018 ASSESSMENT YEAR: 2011 - 12 ITO, WARD - 1(1), KALYAN 1 ST FLOOR, MOHAN PLAZA, WAYALE NAGAR, KALYAN WEST. VS. SHRI BALARAM MADHUKAR CHOUDHARY 105, TEMGHAR VILLAGE, BHIWANDI - 421302. PAN NO. ADNPC7004Q APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 24 ASSESSEE BY : MS. LIPSA A. CHANCHLANI, AR ITA NO. 2739/MUM/2018 ASSESSMENT YEAR: 2011 - 12 ITO, WARD - 1(3), KALYAN 1ST FLOOR, MOHAN PLAZA, WAYALE NAGAR, KALYAN WEST, MUMBAI 421 301 VS. SHRI PADMAKAR MADHUKAR CHAUDHARY 105, TEMGHAR VILLAGE, BHIWANDI - 421302 PAN NO. ACIPC0777G APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : MS. LIPSA A. CHANCHLANI, AR ITA NO.2740 /MUM/2018 ASSESSMENT YEAR: 2011 - 12 INCOME TAX OFFICER, WARD NO.1(5) 1ST FLOOR, MOHAN PLAZA, WAYALE NAGAR, KHADAKPADA, KALYAN (W) 421 301. VS. SHRI GOPINATH M. CHAUDHARY 105, TEMGHAR VILLAGE, DANDEKARWADI, BHIWANDI, MUMBAI 421 302 PAN NO. ACIPC1958R APPELLANT RESPONDENT REVENUE BY : MR. MANOJ KUMAR SINGH, DR ASSESSEE BY : MS. LIPSA A. CHANCHLANI, AR DATE OF HEARING : 10/08/2018 DATE OF PRONOUNCEMENT : 24/08/2018 SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 25 ORDER PER BENCH THE CENTRAL BOARD OF DIRECT TAXES (CBDT) VIDE CIRCULAR NO. 3/2018 DATED 11.07.2018 HAS SPECIFIED THAT APPEALS SHALL NOT BE FILED BEFORE THE INCOME TAX APPELLATE TRIBUNAL (ITAT) IN CASES WHERE THE TAX EFFECT DOES NOT EXCEED THE MONETARY LIMIT OF RS.20,00,000/ - . FOR THIS PURCHASE, TAX EFFECT MEANS TH E DIFFERENCE BETWEEN THE TAX ON THE TOTAL INCOME ASSESSED AND THE TAX THAT WOULD HAVE BEEN CHARGEABLE HAD SUCH TOTAL INCOME BEEN REDUCED BY THE AMOUNT OF INCOME IN RESPECT OF ISSUES AGAINST WHICH APPEAL IS INTENDED TO BE FILED. FURTHER, TAX EFFECT SHALL BE TAXES INCLUDING APPLICABLE SURCHARGE AND CESS. HOWEVER, THE TAX WILL NOT INCLUDE ANY INTEREST THEREON, EXCEPT WHERE CHARGEABILITY OF INTEREST ITSELF IS IN DISPUTE. IN CASE THE CHARGEABILITY OF INTEREST IS THE ISSUE UNDER DISPUTE, THE AMOUNT OF INTEREST SHALL BE THE TAX EFFECT. IN C ASES WHERE RETURNED LOSS IS REDUCED OR ASSESSED AS INCOME, THE TAX EFFECT WOULD INCLUDE NOTIONAL TAX ON DISPUTE D ADDITIONS. IN CASE OF PENALTY ORDER, THE TAX EFFECT WILL MEAN QUANTUM OF PENALTY DELETED OR REDUCED IN THE ORDER TO BE APPEALED AGAINST. 2. IN THE CAPTIONED APPEALS, IT SEEMS THE TAX EFFECT DOES NOT EXCEED THE MONETARY LIMIT OF RS.20,00,000/ - . AT PARA 13 OF THE ABOVE CIRCULAR, IT HAS BEEN MENTIONED THAT: 13. THIS CIRCULAR WILL APPLY TO SLPS/APPEALS/CROSS OBJECTION/REFERENCES TO BE FILED HENCEFORTH IN SC/HCS/TRIBUNAL AND IT SHALL ALSO APPLY RETROSPECTIVELY TO PENDING SLPS/APPEALS/CROSS OBJECTIONS/REFERENCES. PENDING APPEALS SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 26 BELOW THE SPECIFIED TAX LIMITS IN PAR A 3 ABOVE MAY BE WITHDRAWN/NOT PRESSED. 3. BEFORE US, THE LD. DR SUBMITS THAT LIBERTY MAY KINDLY BE GIVEN TO RAISE, AFTER NECESSARY FURTHER VERIFICATION, AND TO SEEK RECALL THE DISMISSAL OF APPEALS AND RESTORATION OF THE APPEALS IN THE CASES (I) IN WHICH IT CAN BE SHOWN THAT THE APPEALS ARE COVERED BY THE EXCEPTIONS AND (II) WHICH ARE INADVERTENTLY INCLUDED IN THIS BUNCH OF APPEAL, WHEREIN THE TAX EFFECT IN TERMS OF THE ABOVE CBDT CIRCULAR, EXCEED RS.20,00,000/ - . THERE WAS NO OPPOSITION FROM THE LD. COUNSE LS OF THE ASSESSEE TO THE ABOVE SUBMISSION OF THE LD. DR. 4. WE AGREE WITH THE ABOVE CONTENTIONS OF THE LD. DR AND MAKE IT CLEAR THAT THE APPELLANTS SHALL BE AT LIBERTY TO FILE MISCELLANEOUS APPLICATIONS TO POINT OUT THE CASES WHICH ARE WRONGLY INCLUDED IN THE SE APPEALS SO SUMMARILY DISMISSED, AND WE WILL TAKE APPROPRIATE REMEDIAL MEASURES IN THIS REGARD. 5 . IN VIEW OF THE ABOVE OBSERVATIONS , THESE APPEALS, INVOLVING TAX EFFECT OF LESS THAN RS.20,00,000/ - ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 24/08/2018. SD/ - SD/ - ( C.N. PRASAD) (N.K. PRADHAN) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI ; DATED: 24/08/2018 RAHUL SHARMA, SR. P.S. SHRI RAMESH G. GOWANI & ORS ITA NO. 4680/MUM/2017 & ORS 27 COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT(A) - 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE . BY ORDER, //TRUE COPY// (DY./ASSTT. REGISTRAR) ITAT, MUMBAI