RELATIONSHIP PROPERTIES PRIVATE LIMITED,MUMBAI vs. DCIT 2(3)(1), MUMBAI

Appeal of the assessee stands allowed

Bench: Smt. Beena Pillai, Jm & Shri Arun Khodpia, Am Relationship Properties Deputy Commissioner Of Private Limited Income Tax, Circle 2(3)(1), 41-44, Sp Centre, Minoo V Mumbai Desai Marg, Colaba, S Mumbai – 400005. Pan/Gir No. Aadcr8947D (Appellant) : (Respondent)

section 143(2) of the Income-tax Act, 1961 (the Act'), issued without complying with the procedure laid by the Central Board of Direct Taxes in this regard. 2. Addition to revenue of Rs. 47,26,83,699 2.1 The learned CIT(A) [NFAC] erred in not deleting the complete addition made in the original assessment order, since