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Zany Share Trading Pvt. Ltd. vs. Income Tax Officer, Ward-8(3)(4)

I.T.A. No. 4991/Mum/2025Income Tax Appellate Tribunal, 'G' Bench, Mumbai19 Jan 2026

Assessee filed its return of income for the year under consideration on 02/03/2011 declaring total income of Rs. 657/-. The return was processed u/s 143(1) of the Act. Subsequently, the assessment was reopened u/s. 147 by issuing notice u/s

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Sudesh Dhanraj Murpana (HUF) Vs. Income Tax Officer – 23(3) (1)

ITA No. 5485/MUM/2025INCOME TAX APPELLATE TRIBUNAL “G” BENCH MUMBAI28 Jan 2026

The assessee, Sudesh Dhanraj Murpana (HUF), filed its return of income on 13.03.2014, reporting total income at Rs. 6,04,020/-. Information was received by the Assessing Officer from the Insight portal that the assessee had sold shares in t

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M/s. Sapphire Fintech Private Limited v/s Deputy Commissioner of Income Tax

ITA No.594/MUM/2023INCOME TAX APPELLATE TRIBUNAL, 'G' BENCH, MUMBAI2 Jan 2026

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

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Income Tax Officer-27(3)(1), Mumbai - 400706 Vs. Savla Associates

ITA No.5772/Mum/2025Income Tax Appellate Tribunal “G” Bench, Mumbai22 Jan 2026

The assessee, Savla Associates, a resident partnership firm, filed its return of income for the assessment year 2020-21 declaring a loss of Rs.3,74,132/-. The return was selected for scrutiny, during which the Assessing Officer (AO) noticed

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Income Tax Officer vs. Antara Tushar Motiwala

ITA No. 3662/Mum/2025Income Tax Appellate Tribunal, 'A' Bench Mumbai22 Jan 2026

The assessee, Antara Tushar Motiwala, filed her return of income for A.Y. 2017–18 declaring a total income of Rs. 19,05,920/-. The case was selected for limited scrutiny due to a large increase in capital. The Assessing Officer noticed a su

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ITA Nos. 6685 to 6687 and 6546 & 6552/M/2025

ITA Nos. 6685 to 6687 and 6546 & 6552/M/2025Income Tax Appellate Tribunal, 'G' Bench, Mumbai22 Jan 2026

The assessee, Sajjid Amir Khan, is a proprietor of M/s SAKS INDIA, engaged in exporting hand-embroidery garments. A survey under section 133A was conducted on 30.06.2018, leading to re-assessment proceedings for assessment years 2014-15 to

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Arvind Bhaguji Kangane Vs DCIT, Circle – 27(1), Mumbai

ITA No. 4158/MUM/2025Income Tax Appellate Tribunal, 'A' Bench, Mumbai22 Jan 2026

The assessee, Arvind Bhaguji Kangane, claimed to have been engaged in investment in shares. He filed his return of income for assessment year 2016-17 declaring income of Rs. 30,85,930/-. The case was reopened under section 147 based on info

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ITA No.7390/Mum/2025

ITA No.7390/Mum/2025Income Tax Appellate Tribunal “G” Bench, Mumbai29 Jan 2026

The assessee, Sunjewels Private Limited, is a resident corporate entity engaged in the business of manufacturing gold and diamond studded jewellery for export. For the assessment year 2016-17, the assessee filed its return of income declari

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