CHETAN STONE CRUSHER,MUMBAI vs. INCOME TAX OFFICER 42(1)(1), MUMBAI

ITA 8560/MUM/2025Status: DisposedITAT Mumbai31 July 2026AY 2012-137 pages

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Income Tax Appellate Tribunal, “C” BENCH MUMBAI

Before: SHRI NARENDER KUMAR CHOUDHRY & SHRI ARUN KHODPIA

For Appellant: Shri Sanjay Agarwal, Ld. AR
For Respondent: Shri Ajay Soneji, Ld. Sr. DR
Hearing: 24.06.2026Pronounced: 06.08.2026

PER NARENDER KUMAR CHOUDHRY, JM: This appeal has been preferred by the Assessee against the order dated 31.10.2025, impugned herein, passed by the Ld. Addl./JCIT(A)-4, Hyderabad [in short, “Ld. Commissioner”] u/s 250 of the Income Tax Act, 1961 [in short, “the Act”], for the A.Y. 2012-13, arising from the assessment order dated 12.02.2016 passed u/s 143(3) r.w.s. 147 of the Act.

2 Chetan Stone Crusher.

2.

In the instant case, the Assessee filed its return of income declaring total income at Rs. Nil. Subsequently, on the basis of information received pursuant to the search conducted in the case of Shri Bhanwarlal Jain Group, the Assessing Officer {in short ‘AO

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