ITO vs Lakewood Construction Co. Pvt… | ITAT Mumbai 2018

Income Tax Appellate Tribunal, MUMBAI BENCH “F” MUMBAI

Before: SHRI C.N. PRASAD & SHRI N.K. PRADHAN

For Appellant: Mr. N.M. Porwal, AR

For Respondent: Ms. S. Padmaja, CIT(DR), Mr. N.M. Porwal, AR

Hearing: 11/04/2018Pronounced: 11/04/2018

ORDER

PER N.K. PRADHAN, AM

This is an appeal filed by the Revenue on 18.08.2016. The relevant assessment year is 2007-08. The appeal is directed against the order dated 27.05.2016 passed by the Commissioner of Income Tax (Appeals)-20, Mumbai [in short CIT(A)] and arises out of the assessment completed u/s 254 r.w.s. 143(3) of the Income Tax Act 1961, (the ‘Act’).

The Ld. counsel of the assessee filed a Paper Book which contains the following sequence of events.

ITO 12(3)(3), MUMBAI vs. LAKEWOOD CONSTRUCTION CO. PVT. LTD., MUMBAI