CIT have no jurisdiction in respect of an issue considered by CIT (A)

IN THE ITAT MUMBAI BENCH ‘A’ K. Sera Sera Productions versus Commissioner of Income-tax IT Appeal No. 3024 (Mum.) of 2012 [Assessment year 2006-07] September 14, 2012 ORDER B.R. Mittal, Judicial Member The assessee has filed this appeal for the assessment year 2006-07 against the order of the Ld. CIT dated 29-03-2012 disputing the validity of the order passed u/s 263 of the Act. 2. The relevant facts are that assessee is engaged in the business of production, financing and distribution of cinematographic films. 3. There was a search action u/s 132 on 12th September...