82 results for “reassessment”+ Section 49(1)clear
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Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
49. Before proceeding further, we may now examine the provision contained in sub-section (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