ICICI BANK LTD.,MUMBAI vs. THE DY CIT -2(3)(1), MUMBAI
In the result we hold that the learned principal
ITA 737/MUM/2021[2011-12]Status: DisposedITAT Mumbai08 Mar 2022AY 2011-12
Bench: Shri Prashant Maharishi, Am & Shri Pavan Kumar Gadale, Jm Icici Bank Limited The Dy. Commissioner Of Icici Bank Towers, Income-Tax-2(3)(1), Aayakar Bhavan, 5 Th Floor, Bandra Kurla Complex, Vs. Bandra (East), Room No.552, Mumbai-400 051 M.K.Road, Mumbai-400 020 (Appellant) (Respondent) Pan No. Aaaci1195H Appellant By : Ms Arati Vissanji, Ar Respondent By : Shri Nikhil Chaudhary, Cit Dr Date Of Hearing: 13.01.2022 Date Of Pronouncement : 08.03.2022
For Appellant: Ms Arati Vissanji, ARFor Respondent: Shri Nikhil Chaudhary, CIT DR
Section 143(3)Section 147Section 263Section 263(1)Section 263(2)Section 36(1)(vii)Section 36(1)(viia)Section 36(1)(viii)
reassessment order.
This has been held by the Bombay High Court in the Bank's own merged entity case ICICI Limited vide order in ITA No. 6375/2010 dated February 8, 2012
for AY 1996-97 following the Supreme Court decision in the case of Alagendran Finance (2007) [293 ITR
1]. Hence the proposed revision on these issues is time barred
