ESSAR CAPITAL LTD,MUMBAI vs. PR CIT 6, MUMBAI
In the result the appeal of the assessee is allowed
ITA 3759/MUM/2017[2012-13]Status: DisposedITAT Mumbai08 Jan 2021AY 2012-13
Bench: Shri Rajesh Kumar & Shri Ram Lal Negiassessment Year: 2012-13 M/S. Vajresh Consultants Prcit 6, Ltd. (Earlier Known As Aayakar Bhavan, Essar Capital Ltd.), Mumbai - 400020 Vs. 40-B, Ridge Road, Malabar Hill, Mumbai – 400 006 Pan: Aabce 7257R (Appellant) (Respondent) Present For: Assessee By : Shri Nishant Thakkar, A.R. & Shri Hiten Chande, A.R. Revenue By : Shri R. Manjunatha Swamy, D.R. Date Of Hearing : 23.10.2020 Date Of Pronouncement : 08.01.2021 O R D E R
For Appellant: Shri Nishant Thakkar, A.R. &For Respondent: Shri R. Manjunatha Swamy, D.R
Section 143(3)Section 263
Section 47(vii) of the Act.
6.7 In view of the above, it is respectfully submitted that this allegation too is misconceived and not relevant.
7. Enquiries made by the Assessing Officer in respect of merger of ECHL with ISL:
7.1 Your Honour has also referred to the merger of ECHL with the ISL and made the following allegations
