Dy. CIT v. ASP Investment Consultants (P) Ltd.

Case Laws Analysis
REFERRED CIT v. Reliance Petroproducts (P) Ltd. 2010 TaxPub(DT) 1683 (SC)
REFERRED Union of India & Ors. v. Dharamendra Textile Processors & Ors. 2008 TaxPub(DT) 2320 (SC)
REFERRED Dilip N. Shroff v. Joint CIT & Anr. 2007 TaxPub(DT) 1247 (SC)

SUBSCRIBE FOR FULL CONTENT


The Tax Publishers2020 TaxPub(DT) 1677 (Mum-Trib) IN THE ITAT, MUMBAI BENCH MAHAVIR SINGH, J.M. & M. BALAGANESH, A.M. Dy. CIT v. ASP Investment Consultants (P) Ltd. ITA No. 3734/Mum/2017 8 January, 2020 Against Revenue. Appellant by: S. Michael Jerald, DR Respondent by: K Shivaram & Sashank Dundu, AR ORDER *Mahavir Singh, JM* This appeal by Revenue is arising out of order of the Commissioner (Appeals) -20, Mumbai [in short CIT(A)], in Appeal No. Commissioner (Appeals)-20/DCIT-12(1)(1)/IT-459/2015-16 vide dated 28-2-2017. The Assessment was framed by the Dy. Commissioner of Income Tax, Central Circle-12(1)(1), Mumbai (in short DCIT/ assessing officer) for the assessment year 2012-13 vide Order, dated 13-2-2015 under section 143(3) of the Income-tax Act, 1961 (hereinafter the Act ). The penalty was levied by Dy. Commissioner of Income Tax, Circle 12(1)(1) under section 271(1)(c) vide Order, dated 28-8-2015. SUBSCRIBE FOR FULL CONTENT

The Tax Publishers2020 TaxPub(DT) 1677 (Mum-Trib)

IN THE ITAT, MUMBAI BENCH

MAHAVIR SINGH, J.M. & M. BALAGANESH, A.M.

Dy. CIT v. ASP Investment Consultants (P) Ltd.

ITA No. 3734/Mum/2017

8 January, 2020

Against Revenue.

Appellant by: S. Michael Jerald, DR

Respondent by: K Shivaram & Sashank Dundu, AR

ORDER

Mahavir Singh, JM

This appeal by Revenue is arising out of order of the Commissioner (Appeals) -20, Mumbai [in short CIT(A)], in Appeal No. Commissioner (Appeals)-20/DCIT-12(1)(1)/IT-459/2015-16 vide dated 28-2-2017. The Assessment was framed by the Dy. Commissioner of Income Tax, Central Circle-12(1)(1), Mumbai (in short DCIT/ assessing officer) for the assessment year 2012-13 vide Order, dated 13-2-2015 under section 143(3) of the Income-tax Act, 1961 (hereinafter the Act ). The penalty was levied by Dy. Commissioner of Income Tax, Circle 12(1)(1) under section 271(1)(c) vide Order, dated 28-8-2015.