In the result, all the Revenue’s appeals are allowed for statistical purposes
Bench: Shri N.R.S. Ganesan & Shri S. Jayaraman
reassessment was made within a period of four years on the basis of the material brought to the notice of the Assessing Officer during the scrutiny assessment proceeding for the assessment year 2008-09. As in the earlier years, i.e. 2004-05 and 2005-06, the Board resolution and relationship of management trainees were not available during the original assessment