DCIT CENTRAL CIRCLE-2(3), MUMBAI vs. M/S ASIAN STAR COMPANY LTD, MUMBAI
In the result, appeal filed by the learned assessing officer is dismissed
ITA 2778/MUM/2022[2012-13]Status: DisposedITAT Mumbai23 May 2023AY 2012-13
Bench: Shri Prashant Maharishi, Am & Ms. Kavitha Rajagopal, Jm M/S Asian Star Company Ltd. Dcit, Central Circle-2(3) Room No.803, 8Th Floor, 114-C, Mitta Court, Pratishtha Bhavan, Vs. M.K. Road, Churchgate, Nariman Point, Mumbai-400 020 Mumbai-400 021 (Appellant) (Respondent) Pan No. Aaaca4856B Assessee By : Shri Suchek Anchaliya, Ms. Vaishali More, Ars Revenue By : Smt. Shailja Rai, Cit Dr Date Of Hearing: 28.02.2023 Date Of Pronouncement : 23.05.2023
For Appellant: Shri Suchek AnchaliyaFor Respondent: Smt. Shailja Rai, CIT DR
Section 133ASection 143Section 148
present case, it is observed that in respect of the bank accounts listed above, the Initiating Officer passed the order under section 24(4)(b)(1) without initiating the proceedings and giving proper opportunity to the concerned. These bank accounts were not part of the Show Cause Notice issued
