Assessee: ACIT, Central Circle-1, Gurgaon
Respondent: Ambawatta Buildwell Pvt. Ltd., New Delhi
Assessment Year: 2014-15
Case Filed On: 2021-09-06
Order Type: Final Tribunal Order
Date of Order: 2022-09-12
Result: The appeal of the Revenue against the order of the CIT (Appeals) was dismissed as infructuous.
This appeal was filed by the Revenue against the order of the ld. Commissioner of Income Tax (Appeals)-3, Gurgaon, dated 25.06.2021 for assessment year 2014-15. The appeal raised several grounds, including the correctness of the assessment order and the merits of the additions made by the Assessing Officer.
After hearing both parties and considering the orders of the ld. CIT (Appeals), the Tribunal noted that the order passed by the ld. Pr. CIT under section 263 of the Income Tax Act was quashed by the ITAT in a previous case. Consequently, the consequential assessment made by the Assessing Officer became infructuous. Therefore, the appeal of the Revenue was dismissed.
Order pronounced in the open court on: 12/09/2022
Copy forwarded to: Appellant, Respondent, CIT, CIT (Appeals), DR: ITAT, Assistant Registrar, ITAT, New Delhi
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