122 results for “reassessment u/s 147”+ Section 153(1)clear
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In the result the appeal filed by the Revenue is dismissed
Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyal
1) would have overriding effect over the provision contained in Sections 139, 147, 148,149,151 and 153 and if Assessing Officer is said to be justified in proceeding with section 147 to reopen the assessment, then there would be no relevance to section 153A, which was inserted in the Act to deal exclusively with search cases