Kishore H Galaiya, Mumbai vs Assessee on 31 May, 2012
IN THE INCOME TAX APPELLATE TRIBUNAL
" A" Bench, Mumbai
BEFORE SHRI ... 7326/M/2010
Assessment Year:2006-07
Mr.Kishore H.Galaiya, Income Tax Officer,
305-B, Kamla Terrace, Ward 8(2)(3),
Subhas Road, Room
Shanthakumari (2015) 60 taxmann.com 74 (Karn)
4. Kishore H. Galaiya Vs. ITO (2012) 150 TTJ 444(Mum)
5. Fibre Boards ... appeal of the assessee are allowed.
11.3 In the case of Kishore H. Galaiya (supra) also, on identical facts, the ITAT,
Mumbai bench held that
relied on the decision in Kishore H. Galaiya v. ITO
137 ITD 229, Jagriti Aggarwal (supra), CIT v. Rajesh Kumar Jalan ... assessee by the decision in Rajesh Kumar Jalan
(supra) and Kishore H. Galaiya (supra).
7. We have heard the rival submissions and perused the relevant
Mumbai
Bench of Tribunal in the case of Kishore H Galaiya V/s ITO [2012] 24 taxmann.com 11
(Mum), wherein on identical facts ... contention he placed a copy of order passed
in Kishor H Galaiya (supra). He submitted that the issue is squarely covered in favour
Courts have permitted deduction on substantive compliance ignoring
technical breaches.
Kishore H. Galaiya v/s ITO (2012) 150 TTJ 444 (Mumbai) wherein it
was held
Jagriti Agarwal (2011) 15
taxman.com 146 ( P & H), CIT vs Rajesh Kumar Jalan (2006)
157 taxman.398 (Gauhati), Miss. Esther Christopher
Mascarenhas ... Dayashankar (ITA No.1472/Mds/2012) order dated
24/01/2013, Kishore H. Galaiya vs Income Tax Officer
3
Ravi Kant HUF
ITA No.4174
Punjab and Haryana
High Court in the case ofKishore Galaiya V/s. ITO
(137ITD 229) has held that when the assessee had utilized
the amount ... Mumbai Bench of Tribunal in the case of
Kishore H.Galaiya V/s.ITO [2012] 24 taxmann.com 11
(Mum), wherein on identical facts
relied on the order of Mumbai
Tribunal in the case of Kishore H. Galaiya vs. ITO reported in 24 taxmann.com 11
9.2 The learned ... However we find that the
Mumbai tribunal in the case of Kishore H. Galaiya (supra) has held that once the
assessee booked flat with builder
ITAT, Mumbai in the case of Kishore H
Galaiya ((2012) 24 taxmann.com 11 (Mumbai)). The Hon'ble
ITAT, Mumbai held that in view
considering the decision of the Tribunal in the case of
Kishore H. Galaiya and further the decision from Hon'ble
Punjab & Haryana High
