KESAR TERMINALS AND INFRASTRUCTURE LIMITED,MUMBAI vs. ASSESSMENT UNIT, NATIONAL FACELESS ASSESSMENT CENTRE AND DEPUTY COMMISSIONER OF INCOME TAX - 1(2)(1), MUMBAI

PER OM PRAKASH KANT, AM

This appeal by the assessee is directed against order dated
26.09.2024 passed by the Ld. Commissioner of Income-tax
(Appeals) – National Faceless Appeal Centre, Delhi [in short ‘the Ld.
CIT(A)’] for assessment year 2013-14, raising following grounds:

GROUND NO ASSESSMENT
ASSESSMENT
1.1 On the fa law, the Id. C reopening the 1.2 The Appe re-assessmen order be qua
2. GROUND
DEDUCTION
3,13,06,552/
2.1 On the fac the Id. CIT(A disallowing t the Appellant
2.2 The Appe of Rs. 3,13,06
3. GROUND N
U/S. 234B AN 3.1 On the fa the Id. AO er the Act, amo respectively.
3.2 The App delete/approp and 234C of 2. At the outset, t written request for w filed before the H challenging notice u/
Act) allowed in favou
Kesar Termi
ITA

O. 1: RE-ASSESSMENT NOTICE U/S. 14
T PROCEEDINGS AND CONSEQUENTIA
T ORDER IS BAD IN LAW:
acts and in the circumstances of the case
CIT(A) erred in upholding the action of Id e assessment u/s. 147 of the Act.
ellant prays that the notice u/s. 148 of t nt proceedings and the cons ashed.
NO. 2: DISALLOWANCE OF CLAI
U/S. 80-IA OF THE ACT AMOUNTING
-:
cts and in circumstances of the case and A) erred in upholding the action of Id.
the deduction of Rs. 3,13,06,552/- claim u/s. 80-IA of the Act.
ellant prays that the disallowance of de
6,552/-claimed u/s. 80-IA of the Act be de
NO. 3: LEVY OF INTEREST OF RS. 34,47
ND RS. 6,20,921/- U/S. 234C OF THE AC acts and circumstances of the case and rred in levying interest u/s. 234B and 2
ounting to Rs. 34,47,118/-and Rs. 6,20
pellant prays that the Id. AO be dire priately reduce the levy of interest u/s the Act.
the Ld. counsel for the assess withdrawing the captioned appea
Hon’ble Juri ictional Bomba
/s 148 of the income-tax Act, 19
ur of the assessee. In view of inals and Infrastructure
Ltd.
2
A No. 5988/MUM/2024
48, RE-
AL RE- e and in d. AO in the Act, sequent
IM OF TO RS.
in law,
AO in med by eduction eleted.
7,118/-
CT:
in law,
234C of 0,921/- cted to s. 234B see submitted a al in view of writ ay High Court
961( in short the f request of the assessee seeking with as infructuous.
3. In the result, th
Order pronoun (RAHUL CHA
JUDICIAL M
Mumbai;
Dated: 18/02/2025
Rahul Sharma, Sr. P.S.

Copy of the Order forward
1. The Appellant
2. The Respondent.
3. CIT
4. DR, ITAT, Mumbai
5. Guard file.

////

Kesar Termi
ITA hdrawal of the appeal, the appe he appeal of the assessee is dism ced in the open Court on 18/0
/-
S
AUDHARY)
(OM PRAK
MEMBER
ACCOUNTA ded to :

BY ORDER

(Assistant Re

ITAT, Mu inals and Infrastructure
Ltd.
3
A No. 5988/MUM/2024
eal is dismissed missed.
02/2025. KASH KANT)
ANT MEMBER
R, gistrar) umbai