IN THE INCOME-TAX APPELLATE TRIBUNAL“C” BENCH, MUMBAI BEFORE SHRI SANDEEP GOSAIN, JUDICIAL MEMBER &

SHRI PRABHASH SHANKAR, ACCOUNTANT MEMBER ITA No.2500/MUM/2024 (A.Y. 20 13-14)

Calyx Chemicals and v/s. Income Tax Officer, Pharmaceuticals Limited, बनाम Centre Circle – 4, Thane, 1408, 14^th Floor, Real Tech Maharashtra Park, Sector – 30A, Vashi, Navi Mumbai - 400 703, Maharashtra स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AABCC1457B Appellant/अपीलार्थी .. Respondent/प्रतिवादी

Appellant by : Shri Narayan Atal, AR Respondent by : Mr. Virabhadra S. Mahajan (Sr. DR)

Date of Hearing 02.07.2025 Date of Pronouncement 04.08.2025 आदेश / O R D E R PER PRABHASH SHANKAR [A.M.] :-

The present appeal is filed by the assessee against the order passed by the Learned Commissioner of Income-tax, Appeal, CIT(A), Pune – 11 [hereinafter referred to as “CIT(A)”] pertaining to assessment order passed u/s. 147 r.w.s. 143(3) of the Income-tax Act, 1961 [hereinafter referred to as “Act”] dated 28.03.2022 for the Assessment Year [A.Y.] 2013-14.

2. The grounds of appeal are as under:

1. The Ld. CIT(A) erred in law and in facts in confirming the action of the AO in reopening of the assessment u/s 148 of the Act, denying th