2 results for “reassessment”+ Section 271(1)(c)clear
Sorted by relevance
Accordingly, the appeal filed by the revenue is allowed and the substantial
Bench: THE HON'BLE THE CHIEF JUSTICE T.S SIVAGNANAM,HON'BLE JUSTICE CHAITALI CHATTERJEE (DAS)
c) Whether on the facts and in the circumstances of the case and in law the Learned Income Tax Appellate Tribunal (ITAT) was justified in law by not considering the fact brought on record establishing manipulation of share prices of penny stock M/s. Tuni Textile Mills Ltd as part of colourable device to generate fictitious LTCG with