ITD ITD CEM JOINT VENTURE,MUMBAI vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 5(1), MUMBAI, MUMBAI
In the result, appeal of the assessee is partly allowed
ITA 4618/MUM/2024[2016-17]Status: DisposedITAT Mumbai25 Oct 2024AY 2016-17
Bench: Shri Narendra Kumar Billaiya, Hon’Ble & Shri Raj Kumar Chauhan, Hon’Ble
For Appellant: Shri Vijay Mehta, A/RFor Respondent: Shri Krishna Kumar, Sr. D/R
Section 133ASection 147Section 148BSection 151
Section 148B of the Act.
2. The Ld. CIT(A) has erred in confirming addition to the extent of 2.5% of the expenses classified as contingency expenses in the seized MIS statements amounting to Rs. 4,97,500. I.T.A. No. 4618/Mum/2024
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The Appellant craves leave to add, amend, alter and/or delete any of the grounds of appeal before
