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

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

reassessment order, which can help the ld. Assessing Officer to form a belief that income has escaped assessment. The ld. Assessing Officer thereafter alleged that M/s. Silverpoint Infratech Limited has credited the amount in the accounts of four companies. Now, how it is a relevant information 34 Assessment Year: 2013-2014 & Assessment Year: 2013-2014 ABCI Infrastructure Pvt. Limited