IN THE ITAT, CHENNAI BENCH
MAHAVIR SINGH, V.P. & MANOJ KUMAR AGGARWAL, A.M.
Koneru Rajendra Prasad v. ACIT
ITA No. 1407/CHNY/2019
27 June, 2023
Appellant by: D. Anand (Advocate)-Learned Authorized Representative
Respondent by: S. Senthil Kumaran (Commissioner)- Learned Departmental Representative
Manoj Kumar Aggarwal, A.M.
1. By way of this appeal, the assessee assails the invocation of revisionary jurisdiction under section 263 for assessment year (AY) 2010-11 as exercised by learned Principal Commissioner, Central-1, Chennai (Pr. CIT) vide Impugned Order dated 6-3-2019 in the matter an assessment framed by learned assessing officer under section 143(3) read with section 147 of the Act on 26-12- 2016. The grounds taken by the assessee are as under: -
(1) The order under section 263 passed by the Principal Commissioner, Central-1, Chennai for the assessment year 2010-11 in the appellant's case is contrary to law, facts of the case and material on record.