A.C.I.T. CIRCLE 7(2), MUMBAI vs SBM CHEMICALS & INSTRUMENTS PVT. LTD., MUMBAI

Income Tax Appellate Tribunal, “E” BENCH, MUMBAI

Before: SHRI SANJAY ARORA, AM & SHRI PAWAN SING, JM

For Appellant: Shri Kailash Gaikwad, Ms. Neha Barve

For Respondent: Ms. Neha Barve

O R D E R Per Sanjay Arora, A. M.: This is an Appeal by the Revenue directed against the Order by the Commissioner of Income Tax (Appeals)-13, Mumbai (‘CIT(A)’ for short) dated 20.12.2011, allowed the Assessee’s appeal contesting its assessment u/s.143(3) r/w s. 254 of the Income Tax Act, 1961 (‘the Act’ hereinafter) for the assessment year (A.Y.) 2001-02 vide order dated 30.10.2009.

A.C.I.T. CIRCLE 7(2), MUMBAI vs. SBM CHEMICALS & INSTRUMENTS PVT. LTD., MUMBAI