MAHAKALI DEVELOPERS AND RESORTS PRIVATE LIMITES,SCF , IST FLOOR vs. PCIT PATIALA, AAYKAR BHAWAN PATIALA

The appeals are allowed

43B of the act. Hence the sum of Rs.\n1,61,59,000/- has escaped assessment.\nOn the strength of these reasons, ld. Counsel for the\nassessee submitted that since no addition was made for the\nreason\nassessments were reopened, therefore, ld. CIT(A)\ncannot count the limitation from the re-assessment orders\nfor taking action under Section

MAHAKALI DEVELOPERS AND RESORTS PRIVATE LIMITED,SCF vs. PCIT PATIALA, AAYKAR BHAWAN

Appeals of the assessee are allowed

Bench: Shri Rajpal Yadav & Shri Krinwant Sahay

43B of the act. Hence the sum of Rs. 1,61,59,000/- has escaped assessment. 5. On the strength of these reasons, ld. Counsel for the assessee submitted that since no addition was made for the reason assessments were reopened, therefore, ld. CIT(A) cannot count the limitation from the re-assessment orders ITA No.294 & 295/CHD/2024 A.Y.2013-14