AdvertisementPCIT Vs Aurum Ventures Private Limited (Bombay High Court) The Bombay High Court considered two appeals filed by the Revenue challenging a common order dated 20 June 2023 passed by the Income Tax Appellate Tribunal (ITAT), Mumbai Bench, which had dismissed the Revenue’s appeals against the orders of the Commissioner of Income Tax (Appeals) dated 30 August 2021. The appeals related to Assessment Years 2015-16 and 2016-17, with the issues being common except for the figures involved. The Revenue proposed several substantial questions of law. These primarily related to whether the Tribunal ...