2 results for “reassessment”+ Section 276clear
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In the result, appeal of the assessee is allowed
Bench: Shri George Mathan & Shri Manish Agarwalआयकर अऩीऱ सं/Ita No.177/Ctk/2024 (ननधाारण वषा / Assessment Year : 2018-2019) Kalinga Institute Of Industrial Vs Cit (Exemption), Hyderabad Technology, Patia, Bhubaneswar Pan No. :Aaatk 3103 C (अऩीऱाथी /Appellant) .. (प्रत्यथी / Respondent) ननधााररती की ओर से /Assessee By : Shri S.K.Agrawalla, Ca राजस्व की ओर से /Revenue By : Shri Sanjay Kumar, Cit-Dr सुनवाई की तारीख / Date Of Hearing : 15/07/2024 घोषणा की तारीख/Date Of Pronouncement : 15/07/2024
276 ITR 154 (MP), wherein the Hon’ble Madhya Pradesh High Court has categorically held that the original order was subjected by the AO to rectification u/s.154 of the Act, then such original order was no more amenable to revision and it was only order passed u/s.154 of the Act, which could be revised. The Hon’ble Madhya Pradesh High