832 results for “reassessment u/s 147”+ Section 70clear
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In the result, the appeal of the assessee is allowed and the appeal of the revenue is dismissed
Bench: Shri A.T. Varkey & Shri Prashant Maharishi
70,16,48,293/- in the immediately preceding year and profits before taxes amounting to Rs.67,32,63,987/- as against Rs.34,54,64,291/- in the immediately preceding year had been declared. 6. On 21.01.2011, a search & seizure operation under section 132 of the Act was carried out in the case of M/s Dharampal Satyapal Ltd, and other group