DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-DIMAPUR, DIMAPUR vs. SHRI SANWARMALL AGARWALLA, DIMAPUR
In the result, all the appeals of revenue are dismissed
ITA 141/GTY/2020[2011-12]Status: DisposedITAT Guwahati25 Feb 2021AY 2011-12
Bench: Shri A. T. Varkey, Jm]
Section 147Section 148Section 149Section 151
1)(b) of the Act, it is imperative that the Assessing
Officer, in his reasons, should also state that the escaped income is likely to be Rs.1 lac or more, which is an essential ingredient for seeking the approval and satisfaction that is to be recorded by the Competent Authority under Section 151 of the Act.
Consequently, before taking
