In the result appeal of the Revenue is hereby partly allowed
Bench: Shri Mahavir Prasad & Shri Waseem Ahmed
reassess undersection 147 or pass an order enhancing the assessment or reducing a refund already made or otherwise increasing the liability of the assessee undersection 154, for any assessment year beginning on or before the 1st day of April, 2001." 47.2 As per the provisions of sub-section (1) of Section14A of the Act, the AO is empowered