Itxa/1250/2021 Of Pr. Commissioner Of Income Tax 19 Mumbai v. Pawan Kumar Nagaraj Mehta

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO.707 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Regal Sales Corporation ….Respondent WITHINCOME TAX APPEAL NO.607 OF 2021Principal Commissioner of Income Tax – 19 ….Appellant V/s. Omkar Metal & Alloys Corporation ….RespondentWITHINCOME TAX APPEAL NO.542 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Omkar Metal & Alloys Corporation ….Respondent WITHINCOME TAX APPEAL NO.409 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Omkar Metal & Alloys Corporation ….Respondent WITHINCOME TAX APPEAL NO.635 OF 2021Principal Commissioner of Income Tax – 19 ….Appellant V/s. Omkar Metal & Alloys Corporation ….Respondent WITHINCOME TAX APPEAL NO.611 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Omkar Metal & Alloys Corporation ….Respondent WITHINCOME TAX APPEAL NO.658 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Vilayti Tube India ….Respondent WITHINCOME TAX APPEAL NO.652 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Sterling Steel Industries ….Respondent WITHINCOME TAX APPEAL NO.410 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Jaydeep Metals and Tubes ….Respondent WITH INCOME TAX APPEAL NO.846 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Vilayti Tube India….Respondent WITH INCOME TAX APPEAL NO.649 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Vilayti Tube India….Respondent WITH INCOME TAX APPEAL NO.154 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Harakchand Tikamchand Sanghvi….Respondent WITH INCOME TAX APPEAL NO.145 OF 2022Principal Commissioner of Income Tax – 19 ….Appellant V/s. Harakchand Tikamchand SanghviWITHINCOME TAX APPEAL NO.684 OF 2022 ….Respondent Principal Commissioner of Income Tax – 19 ….Appellant V/s. Jay Jyoti Steel ….Respondent WITHINCOME TAX APPEAL NO.763 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Sawalchand B. Sanghvi ….Respondent WITH INCOME TAX APPEAL NO.737 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Kailash Ghewarchand Jain ….Respondent WITH INCOME TAX APPEAL NO.1224 OF 2021Principal Commissioner of Income Tax – 19 ….Appellant V/s. Mukesh Samrathmal Jain ….Respondent WITH INCOME TAX APPEAL NO.243 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Manjiram D. Patel ….Respondent WITH INCOME TAX APPEAL NO.1174 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Manjiram D. Patel ….Respondent WITH INCOME TAX APPEAL NO.1246 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Kundanmal Narayan Saini ….Respondent WITH INCOME TAX APPEAL NO.821 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Kundanmal Narayan Saini ….Respondent WITHINCOME TAX APPEAL NO.1247 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Mehta Steel House ….Respondent WITHINCOME TAX APPEAL NO.417 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Kundanmal Narayan Saini ….Respondent WITHINCOME TAX APPEAL NO.152 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Rajnish Madan Mehra ….Respondent WITHINCOME TAX APPEAL NO.1194 OF 2021Principal Commissioner of Income Tax – 19 ….Appellant V/s. Mafatlal H. Bothra HUF ….Respondent WITH INCOME TAX APPEAL NO.1113 OF 2021Principal Commissioner of Income Tax – 19 ….Appellant V/s. Juneja Global ….Respondent WITH INCOME TAX APPEAL NO.1120 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Rajnish Madan Mehra ….Respondent WITHINCOME TAX APPEAL NO.562 OF 2022 Principal Commissioner of Income Tax – 19 WITHINCOME TAX APPEAL NO.417 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Kundanmal Narayan Saini ….Respondent WITHINCOME TAX APPEAL NO.152 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Rajnish Madan Mehra ….Respondent WITHINCOME TAX APPEAL NO.1194 OF 2021Principal Commissioner of Income Tax – 19 ….Appellant V/s. Mafatlal H. Bothra HUF ….Respondent WITH INCOME TAX APPEAL NO.1113 OF 2021Principal Commissioner of Income Tax – 19 ….Appellant V/s. Juneja Global ….Respondent WITH INCOME TAX APPEAL NO.1120 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Rajnish Madan Mehra ….Respondent WITHINCOME TAX APPEAL NO.562 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Shrenik C. Jain ….Respondent WITH INCOME TAX APPEAL NO.1170 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Rajesh M. Chauhan ….Respondent WITHINCOME TAX APPEAL NO.482 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Royal Metals ….Respondent WITH INCOME TAX APPEAL NO.666 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Shyamsundar P. Chauhan Prop. Pratap Steel WITH ….Respondent INCOME TAX APPEAL NO.1226 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Ramesh HUF ….Respondent WITHINCOME TAX APPEAL NO.838 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Sunita Ankush Kurale ….Respondent WITH INCOME TAX APPEAL NO.699 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Shrenik C. Jain ….Respondent WITHINCOME TAX APPEAL NO.765 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Rajendra Narsinghmal Sanghvi HUF ….Respondent WITHINCOME TAX APPEAL NO.744 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Rajeev Bheekhiprasad Gupta ….Respondent WITHINCOME TAX APPEAL NO.830 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Rishabh Steel Centre ….Respondent WITH INCOME TAX APPEAL NO.811 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Rajesh B. Jain ….Respondent WITH INCOME TAX APPEAL NO.1264 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Pawan Kumar Nagaraj Mehta ….Respondent WITH INCOME TAX APPEAL NO.1227 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Pawan Kumar Nagaraj Mehta ….Respondent WITH INCOME TAX APPEAL NO.403 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Rohinton Cyrus Malesra ….Respondent WITHINCOME TAX APPEAL NO.1250 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Pawan Kumar Nagaraj Mehta ….Respondent WITHINCOME TAX APPEAL NO.660 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Rishabh Steel Centre ….Respondent WITHINCOME TAX APPEAL NO.1242 OF 2021 Principal Commissioner of Income Tax – 19 ….Appellant V/s. New Look Brassiere Co. ….Respondent WITHINCOME TAX APPEAL NO.721 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. A.J.M. and Co. ….Respondent WITH INCOME TAX APPEAL NO.484 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Amit Mafatlal Shah ….Respondent WITH INCOME TAX APPEAL NO.480 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Amit Mafatlal Shah ….Respondent WITH INCOME TAX APPEAL NO.406 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Amit Mafatlal Shah ….Respondent WITHINCOME TAX APPEAL NO.824 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Amit Mafatlal Shah ….Respondent ---- Mr. Sham Walve for appellant in all appeals. Mr. Rahul Hakani for respondent in ITXA/1264/2021, 1227/2021 and1250/2021. Principal Commissioner of Income Tax – 19 ….Appellant V/s. A.J.M. and Co. ….Respondent WITH INCOME TAX APPEAL NO.484 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Amit Mafatlal Shah ….Respondent WITH INCOME TAX APPEAL NO.480 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Amit Mafatlal Shah ….Respondent WITH INCOME TAX APPEAL NO.406 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Amit Mafatlal Shah ….Respondent WITHINCOME TAX APPEAL NO.824 OF 2022 Principal Commissioner of Income Tax – 19 ….Appellant V/s. Amit Mafatlal Shah ….Respondent ---- Mr. Sham Walve for appellant in all appeals. Mr. Rahul Hakani for respondent in ITXA/1264/2021, 1227/2021 and1250/2021. Mr. Ruturaj Gurjar for respondent in ITXA/154/2022 AND 145/2022. Ms. Aasifa Khan for respondent in ITXA/744/2022. Ms. Namrata Kasale for respondent in ITXA/1242/2021. ---- CORAM : K.R. SHRIRAM & N.R. BORKAR, JJ. DATED : 4[th] APRIL 2022 P.C.: 1Mr. Walve states that substantial questions of law proposed in these appeals are squarely covered by the orders passed by this Court in the cases of The Principal Commissioner of Income Tax-17 V/s. M/s.Mohommad Haji Adam & Co.. [1] and Principal Commissioner of Income Tax, Central-4 V/s. M/s. Paramshakti Distributors Pvt. Ltd.[2] and, therefore, theappeals could be disposed. 2Accordingly, all appeals disposed. (N.R. BORKAR, J.) (K.R. SHRIRAM, J.) 1. Income Tax Appeal No.1004 of 2016 & Connected appeals dated 11[th] February 2019 2. Income Tax Appeal No.413 of 2017 dated 15[th] July 2017 Gauri Gaekwad