M/S Krishna Equity & Capital… vs ITO | ITAT Mumbai 2020

Income Tax Appellate Tribunal, MUMBAI BENCHES “H”, MUMBAI

Before: SHRI G. MANJUNATHA (AM) & SHRI RAM LAL NEGI (JM)

For Appellant: Shri Rajesh Kumar Jhunjhunwala

For Respondent: Shri Sachchidanand Dube (DR)

Hearing: 06/01/2020Pronounced: 06/01/2020

O R D E R

PER RAM LAL NEGI, JM

This appeal has been filed by the assessee against the order dated 12.12.2018 passed by the Ld. Commissioner of Income Tax (Appeals) (for short ‘the CIT (A))-5, Mumbai, for the assessment year 2013-14, whereby the Ld. CIT (A) has dismissed the appeal filed by the assessee against the assessment order passed u/s 143 (3) of the Income Tax Act, 1961 (for short the ‘Act’).

The assessee has preferred the present appeal against the order of the Ld. CIT (A) by raising the following effective grounds:

M/S KRISHNA EQUITY & CAPITAL SEVICES PVT. LTD,MUMBAI vs. ITO 2 (2)(1), MUMBAI