https://www.taxtmi.com/caselaws?id=292631 The Appellate Tribunal ITAT Mumbai dismissed the appeal of a private limited company regarding the disallowance of an excise duty claim for Assessment Year 2003-04. The Tribunal upheld the disallowance based on the Supreme Court judgment prohibiting fresh claims in reassessment proceedings, emphasizing the restrictions on making new claims during the assessment process. The appellant's challenge on additional grounds related to conversion charges and accounting systems was also rejected, affirming the initial disallowance of the excise duty claim. en-us Wed, 25 May 2011 00:00:00 +0530 Sat, 02 Jan 2021 10:26:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292631 The Appellate Tribunal ITAT Mumbai dismissed the appeal of a private limited company regarding the disallowance of an excise duty claim for Assessment Year 2003-04. The Tribunal upheld the disallowance based on the Supreme Court judgment prohibiting fresh claims in reassessment proceedings, emphasizing the restrictions on making new claims during the assessment process. The appellant's challenge on additional grounds related to conversion charges and accounting systems was also rejected, affirming the initial disallowance of the excise duty claim. Case-Laws Income Tax Wed, 25 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292631