1 Mar 2020
Taxation
Shri Anil Garad .
ITA .NO. 7019/MUM/2018
Alleged bogus purchases from hawala dealers (entry providers).
Substantial relief to the tune of 92% granted by Hon. ITAT MUMBAI.
1 Feb 2020
Taxation
Shri Anil Gyanchand Pailani
ITA No. 4569/Mum/2018
ITA No. 4570/Mum/2018
ITA No. 4571/Mum/2018
PENALTY U/C 271(1)(C) of I T Act
PENALTY DROPPED
1 Jul 2019
Taxation
Shri Alludin Kadiwal
ITA. NO. 5105/MUM/2017
Compensation received on transfer of tenancy / possessory rights treated by AO as IFOS
Hon. ITAT directed the Assessing Officer to assess compensation received as LTCG.
1 May 2019
Taxation
Parmanand K Hinduja
Additions were made u/s 68/69B of the I T Act on account of having purchased flat in ADARSH CO-OP. HSG SOC.
Decided in favour of appellant.
1 Apr 2019
Taxation
Gurmukhdas Khubchandani
ITA No. 6299/Mum/2017
Addition on account of alleged ON money paid by appellant to a builder for purchase of flats
After a very detailed discussion the issue is decided in favour of appellant
1 Apr 2019
Taxation
Shri Girish P. Rupani
ITA No. 1028/Mum/2018
AO treated the amount received on cancellation of booking rights as IFOS as against LTCG
Hon. ITAT directed the Assessing Officer to assess compensation received as LTCG.