2021 [A.Y. 2016-17]
Zoom Developers SEZ [Indore] Pvt. Ltd Vs. The A.C.I.T.
C/o Kapil Goel [Adv] Central Circle ... 2021 to ITA No. 678/DEL/2021 are appeals of
Zoom Developers SEZ [Indore] Pvt. Ltd preferred against the order
Aluplex P. Ltd. NPA account with MHAPE branch, Navi Mumbai
6. Zoom Developers P. Ltd.
7. Sportina Payce Infrastructure P. Ltd.
8. Mumbai Gold Cabs
deducted at source by a company called M/s Zoom Developers
P. Ltd. in which appellant is a director and that is a group
company
promotion of staff members in following accounts of
the bank
1. Zoom Developers P. Ltd.
2. Sportina Payce Infrastructure P. Ltd.
3. Mumbai Gold Cabs
Bank of India, Mumbai seeking regarding credit
facilities sanctioned to (i) Zoom Developers P. Ltd., (ii) Sportina Payce Infrastructure P.
Ltd., (iii) Mumbai Gold Cabs
Zoom Vallabh Steel Ltd., Dugdha, including, inter-alia, (i) loan
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amount sanctioned to Zoom Developers along with the date of sanction ... information
pertaining to the account of a third party, M/s Zoom Developers, which is held by
the Bank in a fiduciary capacity. Further
names of officers involved in giving loan facilities to M/s Zoom Developers Pvt. Ltd.
and /or M/s Zoom Vallabh Steel
Officer to adjust the refund
already due in the case of Zoom Developers u/s 140A. During
hearing, the learned counsel for the assessee invited
High Court of Delhi in
M/s. Engineers India Ltd. v. Zoom Developers Pvt. Ltd., CS (OS) 1201/2010
decided on 04.02.2013 as follows
confirmed
5
M/s Shree Laxmi Developers
addition made by the AO towards estimation of net profit from Zoom Plaza and
Aurm Park and also ... estimation of net profit
from Zoom Plaza and Aurm Park. The AO has estimated net profit from Zoom
Plaza and Aurm Park on the ground
