M/S. NORTH EASTERN ELECTRIC POWER CORPORATION LTD.,SHILLONG vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - SHILLONG, SHILLONG

In the result, the appeal of the assessee in ITA

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

172(SC) to conclude that provisions of law gain precedence over the AS—9. (G) That, the principle of res-judcata is not applicable to income tax proceedings. (H) That the judgments relied upon by the assessee pertain to period prior to amendment made in section 145 of the Act. 14. We have heard the rival contentions and perused

M/S. NORTH EASTERN ELECTRIC POWER CORPORATION LTD.,SHILLONG vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - SHILLONG, SHILLONG

In the result, the appeal of the assessee in ITA