IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH MUMBAI BEFORE SHRI SANDEEP GOSAIN, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA No. 6574/MUM/2024 Assessment Year: 2005-06 Assistant Commissioner of Mazagon Dock Shipbuilders Income Tax-7(1)(1), Ltd.

Mumbai Mazdock House, Dockyard Vs.

Road, Mazagon, Mumbai – 400010 (PAN: AAACM8029)

(Appellant) (Respondent)

Present for:

Assessee : Shri. Prateek Goyal, Advocate (Virtually appeared)

Revenue : Shri. Umashankar Prasad, CIT DR Date of Hearing : 15.07.2025 Date of Pronouncement : 18.09.2025

O R D E R

PER GIRISH AGRAWAL, ACCOUNTANT MEMBER:

This appeal filed by Revenue is against the order of Ld. CIT(A), National Faceless Appeal Centre (NFAC), Delhi, vide order no. ITBA/NFAC/S/250/2024-25/1069778604(1), dated 18.10.2024 passed against the assessment order by Assistant Commissioner of Income Tax, Range-6(3), Mumbai, u/s. 143(3) r.w.s 147 of the Income- tax Act, 1961 (hereinafter referred to as the “Act”), dated 24.01.2013 for Assessment Year 2005-06.

2. Grounds taken by the Revenue are reproduced as under:

I. Whether, on the facts and in the circumstances of the case and in law, the Ld. CITA) has erred in quashing the reassessment procee