2025 (6) TMI 2090

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e : Ms. Kavita P. Kaushik, Sr. D/R ORDER PER NARENDRA KUMAR BILLAIYA, AM: This appeal by the assessee is preferred against the order of the ld. Principal Commissioner of Income Tax - 8, Mumbai [hereinafter "the ld. Pr. CIT"] dated 20/02/2025 framed u/s 263 of the Act, pertaining to AY 2020-21. 2. The sum and substance of the grievance of the assessee is that the ld. Pr. CIT erred in as....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....assessee accepted by the AO has made the assessment order not only erroneous but also prejudicial to the interest of the revenue and accordingly set aside the assessment order and directed the AO to pass a fresh order. 5. We have given a thoughtful consideration to the order of the ld. Pr. CIT. We are of the considered view that the issue raised by the ld. Pr. CIT is a highly debatable issue as....