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PCIT-263 Upheld for Inadequate Inquiry in Search Assessment: ITAT Mumbai
Case Law Details
- Case Name
- JMJ Ganpatiji Maharaja Hospitality Pvt. Ltd. Vs DCIT (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2012-13
- Courts
- All ITAT, ITAT Mumbai
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JMJ Ganpatiji Maharaja Hospitality Pvt. Ltd. Vs DCIT (ITAT Mumbai)
PCIT-263 Upheld for Inadequate Inquiry in Search Assessment: ITAT Mumbai Sustains Revision Despite Abhisar Buildwell Plea
The Mumbai ITAT (“F” Bench) dismissed the assessee’s appeals for AYs 2012-13 and 2015-16 and upheld the revisionary orders passed by the PCIT under section 263, holding that the assessments framed under section 143(3) read with section 153A were erroneous and prejudicial to the interests of the Revenue due to lack of proper and effective inquiry.
The case arose from a search conducted ...




