MOUNT VIEW CLUB & RESORTS P. LTD,NAVI MUMBAI vs. ITO 10(3)(4), MUMBAI
In the result, the appeals filed by the assessee for assessment years 2003-04 and 2004-05 are allowed and the appeals for the assessment years 2005-06 and 2006-07 are partly allowed
ITA 1358/MUM/2011[2003-04]Status: DisposedITAT Mumbai29 Apr 2016AY 2003-04
Bench: Shri C.N. Prasad & Shri Rajesh Kumarआयकर अपील सं /I.Ta Nos.1358 To 1360 & 1362/Mum/2011 ("नधा"रण वष" / Assessment Years: 2003-04 To 2006-07 M/S. Mount View Club & The Ito-10(3)(4), बनाम/ Resorts Pvt. Ltd., Mumbai Vs. 27, Mahavir Centre, Sector-17, Vashi Navi Mumbai "थायी लेखा सं./जीआइआर सं./Pan/Gir No. Aaccm 5353M (अपीलाथ" /Appellant) .. (""यथ" / Respondent) अपीलाथ" ओर से/ Appellant By: Shri Prakash Pandit Shri Asghar Zain Vp ""यथ" क" ओर से/Respondent By:
For Appellant: Shri Prakash Pandit
Section 142ASection 143(3)Section 148Section 263Section 69B
Section 142A from D.V.O. It is because the use of the report of the D.V.O. obtained U/s.142A is not mandatory but it is discretionary.
Accordingly, reference to the D.V.O. is invalid and assessment and re- assessment framed thereunder will be also invalid.
13. It is submitted that the CIT(A) in his order dated 16.11.2010
has rejected assessee's basic
