Assessment Quashed as ITO Lacked Pecuniary Jurisdiction Under CBDT Instruction: ITAT Mumbai

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

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