Ace Builders (P.) Ltd. vs Assistant Commissioner Of Income-Tax on 13 January, 2000
Equivalent citations: [2001]76ITD389(MUM)
ORDER
Shri R.P. Garg Vice
Bombay High Court
in the case of M/s. Ace Builders Ltd. which is on different facts."
3. The background general facts ... judgment of jurisdictional High
Court in the case of CIT Vs. Ace Builders Pvt. Ltd. 28 ITR 2010 (Bom.) and
submitted that the said judgment
based on decision of
ITAT Mumbai, Bench in the case of Ace Builders Pvt. Ltd vs.
ACIT (76 ITD 389). However, the Ld. AO rejected ... shelter behind the decision of Bombay Tribunal in the case of Ace
Builders Pvt. Ltd. Vs. ACIT (76 ITD 389). I have gone through
quoted the
judgment of Hon'ble Jurisdictional High Court in Ace Builders (P). Ltd (supra), to
decide against the assessee. Accordingly, we have ... Bombay
High Court in the case of Ace Builders, (supra), wherein the Hon'ble High Court in
the context of claim of deduction under
quoted the
judgment of Hon'ble Jurisdictional High Court in Ace Builders (P). Ltd (supra), to
decide against the assessee. Accordingly, we have ... Bombay
High Court in the case of Ace Builders, (supra), wherein the Hon'ble High Court in
the context of claim of deduction under
Bombay High Court in the case of CIT v. Ace Builders
(2006)281 ITR 201(Bom.) but the AO rejected the contentions of the
assessee ... decision of Bombay High Court in the case of CIT vs ACE Builders
P. Ltd. [281 ITR 210(Bom)] is not applicable as the above
assessee has relied
on the decision of Ace Builders (P) Limited v/s ACIT , (2001) 76 ITD
389 and considered capital gains in respect ... case of Ace Builders (P) Lid. V/s ACIT (20O1) 76 lTD 389, the
ITAT Mumbai Bench has observed that the assumption of
treating/deeming
Jurisdictional High Court in CIT v/s ACE Builders Pvt. Ltd. , [2006] 281 ITR
3
Wall Street Finance Ltd.
ITA No.2175/Mum./2019 ... decision
of the Hon'ble Jurisdictional High Court in ACE Builders Pvt. Ltd. (supra) is
not applicable to the facts of the present case
Bombay High Court in the
case of Ace Builders (P.) Ltd. (supra). In the said appeal before Supreme Court, in the income-tax
return filed ... judgment in
the case of CIT, Mumbai City-II, Mumbai vs. ACE Builders Pvt. Ltd. (supra). In the words of
Hon'ble Supreme Court
Bombay High Court in the
case of Ace Builders (P.) Ltd. [2005] 144 Taxmann 855 (Bom.) held
that though for the purpose of computation ... High Court (jurisdictional High Court) in the case of CIT
vs Ace Builders , 281 ITR 210 (Bom.) wherein the Hon'ble High
Court