SPECIALITY PAPERS LIMITED,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX -4(3)(1), MUMBAI

ITA 4897/MUM/2025Status: DisposedITAT Mumbai03 August 2026AY 2017-1813 pages

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Before: SHRI PAWAN SINGH & SHRI PRABHASH SHANKAR

For Appellant: Shri Hari S. Parekh,AR
For Respondent: Shri Harendra Verma, (Sr. DR)
Hearing: 08.06.2026Pronounced: 03.08.2026

PER PRABHASH SHANKAR [A.M.] :- The instant appeal emanating from the order dated 06.06.2025 is preferred by the assessee against the order passed by the Learned Commissioner of Income-tax, Appeal, CIT(A)-48, Mumbai [hereinafter referred to as “CIT(A)”] pertaining to the assessment order passed u/s. 143(3) of the Income-tax Act, 1961 [hereinafter referred to as “Act”] dated 24.12.2019 for the Assessment Year [A.Y.] 2017-18. P a g e | 2 A.Y. 2017-18 Speciality Papers Limited

2.

The grounds of appeal are as under:

1.

Disallowance of expenditure on account of change in inventories: Rs. 8,53,84,479/-

1.

1 On t

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