In the result, the appeal of the assessee is allowed
Bench: Sh. Saktijit Dey & Shri M. Balaganeshshri Abhishek Joshi, Vs. The Pr. Cit, C/O. Parimal Patet, Gk Patet & Dehradun Co, 14 Abhishek Tower, Subhash Road, Dehradun (Appellant) (Respondent) Pan: Ajopj4300M Assessee By : Dr. Rakesh Gupta, Adv Shri Somil Aggarwal, Adv Revenue By: Shri N. S. Jangpangi, Cit Dr Date Of Hearing 26/07/2023 Date Of Pronouncement 15/09/2023
capital gains and other sources. Notice u/s 148 of the Act was issued for AY 2015-16 on 08.06.2017 and in response thereto assessee filed return of income electronically on 01.07.2017 declaring total income on Rs. 1,81,270/-. The assessee sought for furnishing of reasons recorded for reopening of the assessment