Browse Tax Judgements
Showing 121–140 of 215 judgements · Browse by section & bench
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ITA No. 688/KOL/2025 & CO No. 51/KOL/2025
A search action under section 132 of the Income-tax Act, 1961 was conducted on the 'Uniglobal Group' of cases on 09.09.2015. Unicorn Land Developers Pvt. Ltd., being a group company, was also covered under the said search. Notice under sect…
Happy Homes & Houses Pvt. Ltd. vs. ITO, Ward 9(2)
The assessee, Happy Homes & Houses Pvt. Ltd., raised share capital from 8 share subscribers by issuing 30,000 equity shares of face value of ₹10 at a premium of ₹490, thus receiving ₹1,50,00,000/- as share capital/share premium. The assesse…
Goodwill Tracon Pvt. Ltd. vs. ITO, Ward -11(1), Kolkata
The assessee, Goodwill Tracon Pvt. Ltd., filed its original return of income for the assessment year 2012-13 declaring a total income of Rs.8,590/-. The return was selected for scrutiny, and notices under sections 143(2) and 142(1) of the I…
Exotica Enclave Pvt. Ltd. vs. ITO, Ward-2(1), Kolkata
The assessee, Exotica Enclave Pvt. Ltd., a private limited company promoted by the Goel family and engaged in real estate, filed its return of income for the assessment year 2012-13 declaring a total income of Rs.68,130/-. The case was sele…
Divya Electronics Pvt. Ltd. vs. ITO, Ward 6(2)
The assessee, Divya Electronics Pvt. Ltd., filed its return of income on 11.01.2013 declaring a total income of ₹1,01,754/-. The case was selected for scrutiny, and notices under sections 143(2) and 142(1) of the Income-tax Act, 1961, were …
M/s. Synergy Art Foundation Ltd. vs. DCIT
The assessee, M/s. Synergy Art Foundation Ltd., is a resident corporate entity engaged in the business of selling artworks and paintings. For the assessment year 2012-13, the assessee filed its return on 30.09.2012, declaring a loss of Rs.3…
Shah Petroleum Products Vs. ACIT, Circle 27(3)
The case involves Shah Petroleum Products, which was investigated for allegedly lending unaccounted cash through M/s. Evergreen Enterprise. The Assessing Officer (AO) received information from the DDIT (Inv.) Unit – 5(4), Mumbai, indicating…
Rikhabchand Vachraj Mehta vs. The Income Tax Officer-Circle 19(3)
The assessment in this case was completed under section 143(3) of the Income-tax Act, 1961, wherein the assessed income was determined at Rs. 50,73,117/-. The Assessing Officer (AO) made an addition under section 14A read with Rule 8D amoun…
Prime Omkar K K Consortium vs. Income Tax Officer, Ward 25(3)(1)
The assessee, Prime Omkar K K Consortium, filed a revised return of income declaring a total income of Rs. 77,30,682/-. The case was selected for scrutiny under CASS, and various statutory notices were issued. The AO received information fr…
Nirman Realtors and Developers Ltd. vs. Circle-2(3)(1)
The assessee, Nirman Realtors and Developers Ltd., filed its return of income for the assessment year 2012-13 declaring a total income of Rs. 1,08,15,970/-. The case was selected for scrutiny assessment, and a notice under section 143(2) of…
M/s. Nucleus Fincons Pvt. Ltd. Vs. ITO 15(2) (2)
This appeal has been preferred by the Assessee, M/s. Nucleus Fincons Pvt. Ltd., against the order dated 22.09.2023, passed by the National Faceless Appeal Centre (NFAC)/Ld. Commissioner of Income Tax (Appeals) under Section 250 of the Incom…
M/s. Sapphire Fintech Private Limited v/s Deputy Commissioner of Income Tax
The assessee, M/s. Sapphire Fintech Private Limited, is engaged in the business of investment. For the assessment year 2012-13, the assessee filed its return of income declaring a total loss. During the scrutiny assessment, it was observed …
Mr. Dhiren Pradip Sadiwala Vs. ITO, Ward-23(1)(6)
The assessee, Mr. Dhiren Pradip Sadiwala, filed his return of income for the assessment year 2012-13 declaring a total income of Rs. 7,55,020/-. A search and seizure action under section 132 of the Income Tax Act was carried out in the case…
Jagmeet Singh Sabharwal v/s Commissioner of Income Tax
The case involves an appeal by Jagmeet Singh Sabharwal against the order passed by the Commissioner of Income-tax (Appeals)/National Faceless Appeal Centre, Delhi, pertaining to an assessment order for the Assessment Year 2012-13. The asses…
Holy Family School vs Income Tax Officer (Exemption)
The assessee, Holy Family School, is a Public Trust registered in 1955 under the Maharashtra Public Trusts Act, 1950, and enjoys approval under section 12A(a) and section 80G of the Income-tax Act, 1961. The school runs 'Holy Family High Sc…
Hindustan Construction Company Limited Vs. Dy Commissioner of Income Tax
Hindustan Construction Company Limited, a public listed company engaged in civil construction, filed its return of income for AY 2012-13 reporting a total loss. The case was selected for scrutiny, and an assessment order was passed. Subsequ…
Aunali Akbarali Rupani v/s. Dy. Commissioner of Income Tax, Circle – 4(1)(1), Range 441, Aayakar Bhavan, Mumbai
The assessee, Aunali Akbarali Rupani, had not filed the return of income for Assessment Year 2012-13. During the assessment, it was found that the assessee had made significant transactions including paying Rs.23,80,266/- against credit car…
ANIS Abdulkadar Nakhawaji Vs. ITO Ward 41(1)(1), Mumbai
An information was received by the Assessing Officer (AO) that the assessee, ANIS Abdulkadar Nakhawaji, deposited cash to the tune of Rs. 10,22,300/- in his bank account apart from the salary income of Rs. 9,74,752/-. Accordingly, proceedin…
Reachasia vs. DCIT/ACIT, Circle-29, Kolkata
The assessee, Reachasia, filed a return of income on 30.09.2012 declaring a total income of Rs.20,52,420/-. The case was selected for scrutiny, and the assessment was framed under section 143(3) of the Income Tax Act, 1961, on 28.03.2014, a…
Goldmoon Exports Pvt. Ltd. vs. ITO Ward 6(2), Kolkata
The assessee, Goldmoon Exports Pvt. Ltd., filed its return of income on 30.09.2012 declaring a total income of Rs. 12,963/-. The return was processed under section 143(1) of the Income Tax Act, 1961. The case was selected for scrutiny under…