The ITO, Ward-1, Anand vs. M/S. Devraj Developers, Anand
In the result, appeal of the revenue in ITA No
ITA 1526/AHD/2018[2011-12]Status: DisposedITAT Ahmedabad08 Jun 2021AY 2011-12
Bench: Shri Rajpal Yadav & Shri Pradip Kumar Kediaआयकर अपील सं./I.T.A. Nos. 1524 To 1526/Ahd/2018 ("नधा"रण वष" / Assessment Years : 2009-10 To 2011-12)
For Appellant: Shri S. S. Shukla, Sr.DR
Section 142ASection 147
…the civil appeal. The Department was not entitled to reopen the assessment. Civil appeal is, accordingly, dismissed. No order as to costs." Reliance can also be made upon the judgments of Punjab & Haryana High Court in the case of CIT Vs Darsan Singh [2005] 272 ITR 650 (P & H), the judgment of Madras High Court in CIT Vs V.T. Rajenderan [2007] 288 ITR 312 (Mad) and the judgment of Madhya Pradesh High Court in Prakash Chand Vs Dy. CIT [2004] 269 ITR 260 (M.P.) in which it was held that the notice of reassessment on the basis of report of the Valuation Officer is not valid. It was held that DVO's report is only a…