Hindustan Construction Company ... vs Dy Commissioner Of Income Tax Circle
Parties Involved
Hindustan Construction Company Limited
Dy Commissioner Of Income Tax Circle 14(1)(1)
AI Summary
The Income Tax Appellate Tribunal upheld the reassessment order against Hindustan Construction Company, confirming the addition of Rs. 14,03,68,378 for alleged bogus sub-contract expenses. The Tribunal ruled that the reopening of the assessment was valid and the disallowance of expenses was justified based on prior assessments and available evidence.
Order Text
Hindustan Construction Company ... vs Dy Commissioner Of Income Tax Circle ... on 20 January, 2026 IN THE INCOME TAX APPELLATE TRIBUNAL "E" BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA No. 944/MUM/2025 Assessment Year: 2012-13 Hindustan Construction Dy Commissioner of Income Tax Company Limited Circle 14(1)(1), Hincon House LBS Marg, Mumbai Vs. Vikhroli (W), Mumbai - 400083 (PAN: AAACH0968B) (Appellant) (Respondent) Present for: Assessee : Shri Jitendra Trivedi, CA Revenue : Shri Himanshu Joshi, Sr. DR Date of Hearing : 31.10.2025 Date of Pronouncement : 20.01.2026 ORDER PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This appeal is filed by the assessee against the order of ld. Addl/JCIT(A)-7, Kolkata, vide order No. ITBA/APL/S/250/2024- 25/1071375594(1), dated 19.12.2024, passed against the assessment order by Deputy Commissioner of Income-tax, Circle - 14(2)(1), Mumbai, u/s. 143(3) r.w.s 147 of the Income-tax Act (hereinafter referred to as the "Act"), dated 25.12.2019 for Assessment Year 2012- 13. 2 ITA No. 944/MUM/2025 Hindustan Construction Co. Ltd. AY 2012-13 2. Grounds taken by assessee are reproduced as under: "1. On the facts & circumstance of the case and in the law, the Learned CIT(A) erred in upholding the legality of the order passed by the learned Assessing Officer u/s 143 r/ws 147 rejecting the contentions of the Appellant that the said order was ab initio bad in law and without jurisdiction and hence merits being...
