In the result, the appeals of the assessee are allowed and those of Revenue are
Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena
251 of the I.T. Act 1961 has been dealt with. The Hon'ble High Court has been pleased to hold as under : "In view of the above discussion, we are of the clear opinion that incases falling under section 144B of the Act, the quasi-judicial function of the Income-tax Officer as an assessing authority comes