162 results for “reassessment”+ Section 41(4)clear
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In the result, the appeal of the assessee is allowed
Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)
reassessed at the proper quantums through formal proceedings u/s 143 of the Act. 7. In consequence having considered the facts and circumstances of the instant case, I am of the considered opinion that the assessment order u/s 143(3) r.w.s 144B of the Act dated 21.04.2021 passed by the Assessing Officer is erroneous as well as prejudicial to the interests