In the result, appeal of the assessee is allowed for AY 2017-18 and appeal of the assessee for AY 2015-16 is partly allowed

Bench: Shri M. Balaganesh & Shri Sunil Kumar Singh(Through Virtual Hearing)

292 8,84,498 (2014790 X 56.47 / 100.66) 7. Accordingly, grounds raised by the assessee are partly allowed in the above mentioned terms for AY 2015-16. ITA No. 70/AGR/2025 - AY 2017-18 8. The assessee has raised a preliminary legal ground challenging the validity of assumption of jurisdiction u/s 147 of the Act. 9. We have heard the rival