DCIT CIRCLE 2(3)(1), MUMBAI vs. TATA STEEL LIMITED, MUMBAI
The appeal of the Revenue is dismissed
ITA 6471/MUM/2025[2010-11]Status: DisposedITAT Mumbai10 Feb 2026AY 2010-11
Bench: Shri Anikesh Banerjee & Shri Makarand Vasant Mahadeokardcit Circle-2(3)(1) Tata Steel Limited 552, 5Th Floor, Aayakar Bombay House, 24, Bhavan, M. K. Road, Vs. Homi Mody Street, Mumbai-400 020 Fort, Mumbai, Gpo, Mumbai-400 001 Pan/Gir No. Aaacb1247M (Applicant) (Respondent) Revenue By Shri Ritesh Misra, Ld. Dr Assessee By Ms. Jasmin Amalasadvala, Ld. Ar Date Of Hearing 27.01.2026 Date Of Pronouncement 10.02.2026
Section 115JSection 131Section 133(6)Section 147Section 148Section 153ASection 250Section 268ASection 68
reassessment proceedings were initiated under section 148 on 29.03.2017 based on information received from the Investigation
Wing alleging that the assessee was beneficiary of accommodation entries from M/s P.K. Enterprises.
3. The Assessing Officer made the following additions:
i.
Rs.
36,82,529/- treating alleged sales as fictitious accommodation entry under section 68. ii.
Rs. 13,60,000/- treating receipt
