The Tax Publishers2021 TaxPub(DT) 0699 (Mum-Trib)

IN THE ITAT, MUMBAI BENCH

MAHAVIR SINGH, V.P. & M. BALAGANESH, A.M.

Jeewan Commodities (P) Ltd. v. Pr. CIT

ITA No. 1404/Mum/2020

21 December, 2020

In favour of assessee.

Assessee by: A. Gaurav Bansal

Revenue by: Samatha. M.

ORDER

M. Balaganesh, A.M.

This appeal in ITA No.1404/Mum/2020 for assessment year 2015-16 preferred by the order against the revision order of the learned Principal CIT-4, Mumbai under section 263 of the Act dt. 14-2-2020 for the assessment year 2015-16.

2. The only issue involved in this appeal is whether the learned Pr. Commissioner (PCIT) was justified in invoking revisionary jurisdiction under section 263 of the Act in the facts and circumstances of the instant case.

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