ITAT has upheld that the ld. CIT(A) had duly appreciated all the contentions and rightly granted relief to the smt Naina Vijay Jain.

Last updated: 23 January 2021

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The Income Tax Appellate Tribunal (ITAT) has upheld a decision made by the Commissioner of Income Tax (Appeals) (CIT(A)) in favour of Smt. Naina Vijay Jain. The ITAT found that the CIT(A) had properly considered all arguments presented and correctly granted relief to the assessee. This ruling pertains to an appeal concerning the assessment year 2012-13.

Court :
ITAT Mumbai

Brief :
This appeal in ITA No.5654/Mum/2017 for A.Y.2012-13 arises out of the order by the ld. Commissioner of Income Tax (Appeals)-29, Mumbai in appeal No.CIT(A)-29/IT-196/ITO-18(2)(4)/15-16 dated 28/04/2015 (ld. CIT(A) in short) against the order of assessment passed u/s.143(3) of the Income Tax Act, 1961 (hereinafter referred to as Act)

Citation :
ITA 5654/MUM/2017

IN THE INCOME TAX APPELLATE TRIBUNAL (VIRTUAL COURT), ‘B‘ BENCH MUMBAI

BEFORE SHRI M.BALAGANESH, AM
&
SHRI AMARJIT SINGH, JM

ITA No.5654/Mum/2017 (Assessment Year :2012-13)

The Income Tax Officer – 18(2)(4) 303, 3rd Floor Earnest House, NCPA Marg Mumbai – 400 021
PAN/GIR No. ACXPJ8536J
(Appellant)

Vs.

Smt. Naina Vijay Jain Prop. Of M/s. Aayush Overseas, 20, Naviwadi, Shyam Bhawan, 2nd Floor Room No.14, Dadiseth Agiyari Lane, Mumbai – 400 002
(Respondent)

Revenue by Shri Rajendra Joshi
Assessee by Shri Piyush Chhajed

Date of Hearing 03/12/2021
Date of Pronouncement 13/01/2021

O R D E R

PER M. BALAGANESH (A.M):

This appeal in ITA No.5654/Mum/2017 for A.Y.2012-13 arises out of the order by the ld. Commissioner of Income Tax (Appeals)-29, Mumbai in appeal No.CIT(A)-29/IT-196/ITO-18(2)(4)/15-16 dated 28/04/2015 (ld. CIT(A) in short) against the order of assessment passed u/s.143(3) of the Income Tax Act, 1961 (hereinafter referred to as Act) dated 31/03/2015 by the ld. Income Tax Officer-18(2)(4), Mumbai (hereinafter referred to as ld. AO).

2. The revenue has raised the following grounds:-

To know more in details find the attachment file