12 results for “reassessment u/s 147”+ Exemptionclear
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The appeals are partly allowed
Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary
147 of the Act against the appellant by observing "Since the appeal is decided on merits, hence these grounds are not adjudicated." 2. BECAUSE the CIT(A) has completely erred in giving partial relief of Rs.37.500/- only (i.e. restricting addition of 50% which has been calculated @ 7.5% of Rs.5,00,000/-), even after having accepting the fact that the amount