DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2), CHENNAI, CHENNAI vs. JAYAPRIYA COMPANY, CHENNAI

In the result, appeal filed by the Revenue is dismissed and the\nCross-Objection filed by the assessee is allowed

Section 269SS and consequent\nattraction of penal consequence u/s 271D of the Act, was passed by the\nAO after obtaining approval of the Addl. CIT u/s 148B of the Act, which\nread as under:-\n\"No order of assessment or reassessment