ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE, AMRITSAR vs. M/S NARULA OIL & FATS PRIVATE LIMITED, AHMEDABAD
In the result, the appeals of the revenue are dismissed and appeals of assessee are allowed in the terms indicated above
ITA 58/ASR/2020[2012-13]Status: DisposedITAT Amritsar09 Jun 2023AY 2012-13
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
Section 144Section 250(6)
2) of section 153, which has been dealt with by Ld. Counsel. It
provides that if any assessment made under sub-section (1) is annulled in appeal
etc., then the abated assessment revives. However, if such annulment is further
nullified, the assessment again abates. The case of the Ld. Counsel is that this
provision further shows that completed assessments stand