The Tax Publishers2020 TaxPub(DT) 4615 (Bom-HC) : (2020) 429 ITR 0319 : (2021) 277 TAXMAN 0543

IN THE BOMBAY HIGH COURT

M.S. SONAK & DAMA SESHADRI NAIDU, JJ.

Pr. CIT v. Ajit Ramakant Phatarpekar

Tax Appeal Nos. 22 & 45 of 2016

29 October, 2020

Appellant by: Amira Abdul Razaq, Standing Counsel

Respondents by: Jitendra Jain, with Mr. H.D. Naik, Advocates

ORDER

Heard Ms. Amira Razaq, learned Standing Counsel for the Income Tax Department (Revenue) and Mr. Jitendra Jain, along with Mr. H.D. Naik for the Respondents (Assessees).

2. The learned Counsel for the parties agree that both these Appeals can be disposed of by a common Judgment and Order since the issues involved in both these Appeals are identical.

3. The learned Counsel for the parties, however, submit that Tax Appeal No. 22/2016 may be treated as a lead Appeal.

4. This Appeal was admitted on 5-3-2019 on the following substantial questions of law:--

'1. Whether the Income Tax Appellate Tribunal erred in law upholding the disallowance to the extent of Rs. 65,000 only and deleting the balance addition of Rs. 24,06,566 under section 14A?

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