51 results for “reassessment”+ Section 69Aclear
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In the result the appeal of the assessee is allowed on the legal issue as indicated above
Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta(Hybrid Hearing) I.T.A. No. 698/Asr/2024 Assessment Year: 2013-14
section 69A can only be invoked in the case of unexplained investment not recorded in the books of account and not on account of cash deposited in bank. I.T.A. No. 698/Asr/2024 3 Assessment Year: 2013-14 7. That the CIT(A) has erred in confirming the addition made by the AO without allowing the benefit of returned income. 7.1 That