NAVRATTAN BLUE CRETE INDUSTRIES PRIVATE LIMITED,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX, MUMBAI

ITA 1203/MUM/2026Status: DisposedITAT Mumbai03 September 2026AY 2016-20178 pages

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Income Tax Appellate Tribunal, MUMBAI BENCHES, MUMBAI

Before: SHRI SANDEEP GOSAIN & SHRI JAGADISH

Pronounced: 03.09.2026

PER SHRI SANDEEP GOSAIN, JUDICIAL MEMBER:

This appeal is filed by the Assessee against the order of Ld. COMMISSIONER OF INCOME TAX APPEAL vide DIN: ITBA/NFAC/S/250/2025-26/1083588805(1) dated 02-Feb-2026 for the Assessment Year 2016-2017. The Assessee has raised the following grounds of appeal:

ITA 1203/MUM/2026 NAVRATTAN BLUE CRETE INDUSTRIES PRIVATE LIMITED

1.

Assessment vitiated by fundamental mischaracterisation of cap

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