ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUWAHATI vs. ABCI INFRASTRUCTURES PRIVATE LIMITED, KOLKATA

In the result, the appeal of the assessee is allowed, whereas the appeal of the Revenue is dismissed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

264 of 2016, G.A. No. 1929 of 2016 (Calcutta High Court)]. 16. Coming back to the remaining part of section 153A, it is pertinent to note that expression ‘relevant assessment year’ introduced by Finance Act, 2017 has been defined in Explanation 1 to Section 153A(1). According to this Explanation, the expression ‘relevant assessment years’ means assessment year relevant