IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI “J(SMC)” BENCH : MUMBAI BEFORE SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER AND SHRI ANIKESH BANERJEE, JUDICIAL MEMBER Assessment Year : 2020-21 Moreshwar Krupa Co-Op. Income Tax Officer, Housing Society Limited, Ward-42(1)(3), Kautilya Bhavan, D.N. Mathre Road, vs.

Bandra Kurla Complex, Eksar, Bandra East, Mumbai-400103 Mumbai-400051 PAN: AACAM0769P (Appellant) (Respondent)

For Assessee : Ms. Poonam Kotkar, Advocate For Revenue : Shri Asif Karmali, Sr.DR Date of Hearing : 24-04-2025 Date of Pronouncement : 29-04-2025

O R D E R

PER VIKRAM SINGH YADAV, A.M :

This is an appeal filed by the assessee against the order of the Ld.Addl/JCIT(A)-Panaji [„Ld.CIT(A)‟], dated 27-02-2025, pertaining to Assessment Year (AY) 2020-21, wherein the assessee has taken the following grounds of appeal:

“1. Because the Ld. Assessing officer has erred The Appellant has filed the present appeal aggrieved by the intimation order u/s. 143(1) The grounds of appeal are as under :

2. Because the Ld. Assessing officer has erred The CPC has erred in law and on facts in assessing the total income of the Appellant at Rs.

3,95,610/- u/s. 143(1) as against Rs. Nil returned by the A