SANOBAR INFRASTRUCTURE PRIVATE LIMITED ,MUMBAI vs. ITO WARD 1(3)(2), MUMBAI
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Income Tax Appellate Tribunal, “F” BENCH MUMBAI
PER: MAKARAND VASANT MAHADEOKAR, AM
This appeal by the assessee is directed against the order dated 02.06.2025 passed by the Commissioner of Income-tax (Appeals), National Faceless Appeal Centre, Delhi [“CIT(A)”], under section 250 of the Income-tax Act, 1961 [“the Act”], for the 2 Sanobar Infrastructure Private Limited assessment year 2011-12. The impugned appellate order arose from the assessment order dated 18.12.2018 passed by the Income Tax Officer-1(3)(2), Mumbai [“the Assessing Officer”], under section 147 read with section 143(3) of the Act.
Facts of the Case
The assessee is a company stated to be engaged in the business of inve
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