8 results for “reassessment u/s 147”+ Section 35(1)(ii)clear
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In the result, captioned appeals of the Assessee in ITA No
Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal[Through Virtual Mode]
147 taxmann.com 224 (SC) (Annexure-C). The grant of leave signifies that the issue is admitted for final adjudication, and the correctness of the Madras High Court judgment stands squarely under scrutiny. The order granting leave does not affirm the High Court's view, nor does it declare law. Once leave is granted, the High Court judgment loses finality