LOKESH TALANKI ,BANGALORE vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-2(3)(1), BANGALORE
In the result, appeals of the assessee are allowed
ITA 261/BANG/2019[2013-14]Status: DisposedITAT Bangalore13 Apr 2022AY 2013-14
Bench: Shri Beena Pillai & Ms. Padmavathy Sassessment Year : 2013-14
For Appellant: Shri Deepesh Waghale CAFor Respondent: Shri Shehnawaz Ul Rahaman Addln CIT
Section 142(1)Section 143(2)Section 143(3)Section 148Section 234BSection 54F
gain by the AO relying on the decision of the Karnataka High Court in the case of M J Siwani 366 ITR 356. 4. The assessee is in appeal before the Tribunal against the order of the CIT(A).
5. We will first consider the legal ground raised challenging the reopening of assessment u/s. 148. The learned AR argued that
