IN THE ITAT, MUMBAI BENCH

RAJESH KUMAR, A.M. & AMARJIT SINGH, J.M.

ITO v. Heckyl Technologies (P) Ltd.

ITA No. 3087/Mum/2017, Cross Objection No. 270/Mum/2018 (Arising out of ITA No. 3087/Mum/2017)

23 July, 2020

In favour of assessee.

Assessee by: Piyus Chhajjed

Revenue by: R. Bhupathi

Rajesh Kumar, A.M.

The Revenue by way of this appeal and assessee by way of cross objection are challenging the order of the learned Commissioner (Appeals)-13 hereinafter called (Commissioner (Appeals)), Mumbai, in Appeal No. Commissioner (Appeals)-13/DCIT-7(1)(3)/923/2015-16, dated 6-2-2017. The assessment for impugned assessment year was framed by learned Income Tax Officer-7(1)(3), Mumbai (AO) under section 143(3) of the Income Tax Act, 1961 on 10-11-2015. First we will take the Revenue appeal. The revenue has raised the following grounds in its appeal.