283 results for “reassessment”+ Section 2(47)(v)clear
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In the result, the appeal is allowed in the terms indicated above
v. Improvement Trust Monga [ITA No. 147 of 2016; Tribune Trust (supra) wherein Their Lordships have, inter alia, observed as follows: …………The Tribunal by the impugned order held that the stand of the authorities was unsustainable as even assuming that all the allegations of the Assessing Officer with respect to the profit motive in the activities of the assessee