48 results for “reassessment”+ Section 263(1)clear
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Bench: S/Shri Chandra Poojari, Am & George George K., Jm
263 of the Income-Tax Act, 1961 was issued TO the assessee firm vide PCIT office letter dated 21-11-2018. The assessee submitted that it shall have no objection if the matter regarding enquiries regarding application/invocation of Explanation 1 sec. 37(1) by the Assessing Officer is set aside to the file of the AO, provided the assessee