606 results for “section 68”+ Reopening of Assessmentclear
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In the result, we answer the question in the affirmative i
Bench: Shri Rajpal Yadav & Shri Waseem Ahmed
Section 68 of the Act to the extent of Rs.5,26,30,000/-. In ground no.2 of the Cross Objection, the assessee has challenged the confirmation of this addition; whereas, the Revenue has challenged the deletion of the addition. The learned Counsel for the assessee, while impugning the orders of the Revenue Authorities, submitted that the assessment was reopened