Reeta Lakhmani, Kolkata VS Pr.CIT - 10 , Kolkata


Quick Summary
This case consolidates multiple appeals filed by members of the Lakhmani family against an order by the Principal Commissioner of Income Tax-10, Kolkata. The appeals, all pertaining to the Assessment Year 2014-15, were heard together due to identical issues and facts. The order was passed under Section 263 of the Income Tax Act, 1961.

Court :
ITAT Kolkata

Brief :
All these appeals are filed by different assessees belonging to the same familyand all the appeals are directed against the order of the Pr. Commissioner of the IncomeTax-10, Kolkata (hereinafter the ‘Pr. CIT’) dated 11.12.2018 passed u/s 263 of the Income Tax Act, 1961 (hereinafter the ‘Act’), for the Assessment Year 2014-15.

Citation :
I.T.A. No. 44/Kol/2019

IN THE INCOME TAX APPELLATE TRIBUNAL
KOLKATA ‘C’ BENCH, KOLKATA
(Virtual Court)

(Before Sri J. Sudhakar Reddy, Accountant Member & Ms. Madhumita Roy, Judicial Member)
I.T.A. No. 41/Kol/2019
Assessment Year: 2014-15

Ritin Lakhmani……………………...……………….................Appellant
[PAN: ABYPL 0575 C]

Vs.

Pr. Commissioner of Income Tax-10, Kolkata....................Respondent
I.T.A. No. 42/Kol/2019
Assessment Year: 2014-15

Pravesh Kumar Lakhmani………………….................Appellant

[PAN: AATPL 9724 D]
Vs.

Pr. Commissioner of Income Tax-10, Kolkata....................Respondent
I.T.A. No. 43/Kol/2019
Assessment Year: 2014-15

Gopichand Lakhmani……………………...................Appellant
[PAN: ABWPL 0062 C]

Vs.

Pr. Commissioner of Income Tax-10, Kolkata...................Respondent
I.T.A. No. 44/Kol/2019
Assessment Year: 2014-15

Reeta Lakhmani……………………...….....................Appellant
[PAN: ABBPL 5419 L]

Vs.

Pr. Commissioner of Income Tax-10, Kolkata....................Respondent
I.T.A. No. 45/Kol/2019
Assessment Year: 2014-15

Jaikishan Lakhmani……………..........Appellant
[PAN: ABAPL 2549 J]

Vs.

Pr. Commissioner of Income Tax-10, Kolkata....................Respondent

I.T.A. No. 46/Kol/2019
Assessment Year: 2014-15

Rachit Lakhmani…………….............Appellant
[PAN: AFIPL 7097 P]

Vs.

Pr. Commissioner of Income Tax-10, Kolkata....................Respondent
I.T.A. No. 47/Kol/2019
Assessment Year: 2014-15

Ravish Lakhmani…………………...........Appellant
[PAN: ACFPL 9788 F]

Vs.

Pr. Commissioner of Income Tax-10, Kolkata.............Respondent

Appearances by:

Sh. Subash Agarwal, Adv., appeared on behalf of the Assessee.
Sh. Vijay Shankar, CIT, appeared on behalf of the Revenue.

Date of concluding the hearing : November 2nd, 2020
Date of pronouncing the order : November 13th, 2020

ORDER

Per J. Sudhakar Reddy, AM:

All these appeals are filed by different assessees belonging to the same familyand all the appeals are directed against the order of the Pr. Commissioner of the IncomeTax-10, Kolkata (hereinafter the ‘Pr. CIT’) dated 11.12.2018 passed u/s 263 of the Income Tax Act, 1961 (hereinafter the ‘Act’), for the Assessment Year 2014-15.

2. Both the parties submitted that the issues arising in all these appeals and the facts are identical and that they can be heard together and disposed off by way of this common order.

To know more in details find the attachment file
 

FAQ :

The appeals are between various members of the Lakhmani family (Ritin Lakhmani, Pravesh Kumar Lakhmani, Gopichand Lakhmani, Reeta Lakhmani, Jaikishan Lakhmani, Rachit Lakhmani, and Ravish Lakhmani) as appellants and the Principal Commissioner of Income Tax-10, Kolkata as the respondent.

The Assessment Year for all these appeals is 2014-15.

The appeals are directed against an order passed under Section 263 of the Income Tax Act, 1961.

All the appeals were heard together because the issues and facts arising in each appeal were identical.

The respondent, the Principal Commissioner of Income Tax-10, Kolkata, passed an order dated 11.12.2018 which is being appealed against.

 

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