M/S.PUNJAB INSTITUTE OF MEDICAL SCIENCE,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX , JALANDHAR

In the result, the ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

reassessment proceedings in view of the fact that the only basis of reopening was on account of cancellation of registration under section 12AA of the IT act. It is stated by the appellant that subsequently this registration has been restored back by the honourable 1TAT and therefore, the action of the AO in reopening of the assessment cannot be sustained

M/S PUNJAB INSTITUTE OF MEDICAL SCIENCES,,JALANDHAR vs. THE DY COMMISSIONER OF INCOME TAX, JALANDHAR