This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Assessment Quashed as ITO Lacked Pecuniary Jurisdiction Under CBDT Instruction: ITAT Mumbai
Case Law Details
- Case Name
- ITO Vs Svadeshi Enterprises (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014-15
- Courts
- All ITAT, ITAT Mumbai
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
ITO Vs Svadeshi Enterprises (ITAT Mumbai)
The appeals filed by the Revenue and the Cross Objection filed by the assessee arose from the order of the Commissioner of Income-tax (Appeals)/National Faceless Appeal Centre for Assessment Year 2014-15, relating to an assessment framed under Section 143(3) of the Income-tax Act, 1961.
In the Revenue’s appeal, the issue was whether the CIT(A) was justified in allowing deduction of ₹3 crore claimed by the assessee as liability towards payment for vacating occupants/tenants. The Assessing Officer had disallowed the claim, treating it as a contingent...
