In the result, the appeal of the assessee is allowed
Bench: Dr. B. R. R. Kumarsh. Yogesh Kumar Us
271 AAA of the Act vide order dated August 26, 2013, annexure A. I. Aggrieved by the order, the assessee filed an appeal before the Commissioner of Income-tax (Appeals) (CIT(A)). Vide order dated January 27, 2015, annexure A.2, the Commissioner of Income-tax (Appeals) held that Explanation 2 to section 132B of the Act inserted by the Finance