BEST BULL STOCK TRADING PVT LTD.,NEW DELHI vs. ACIT CENTRAL CIRCLE-18, DELHI
In the result, the appeals of the revenue in ITA No
ITA 2953/DEL/2024[2015-16]Status: DisposedITAT Delhi09 Jan 2026AY 2015-16
Bench: Sh. C.N. Prasad & Sh. M. Balaganesh
Section 132Section 147Section 148Section 150Section 150(1)Section 150(2)Section 153(6)Section 153A
1) the Income-tax Officer must have reason to believe that income chargeable to tax has escaped assessment, and (ii) he must have reason to believe that such income has escaped assessment by reason of the omission or failure on the part of the assessee (a) to make a return under section 139 for the assessment year to the Income