ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 2, DIBRUGARH vs. T & T PROJECTS LTD., GUWAHATI
In the result and for the reasons discussed above, we find no merit in this appeal
ITA 208/GTY/2017[2010-11]Status: DisposedITAT Guwahati02 Aug 2019AY 2010-11
Bench: Shri A. T. Varkey, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.208/Gau/2017 ("नधा"रणवष" / Assessment Year:2010-11)
For Appellant: Shri A.K. Bhardwaj, Addl. CITFor Respondent: Shri Ramesh Goenka, Advocate
Section 143(3)Section 147Section 148
u/s 143(3) of the Act on 05.05.1999. The case was reopened on the reasoning that assessee had received transport subsidy which was taxable.
Reassessment was completed on 10.03.2005 wherein transport subsidy of Rs.
24,70,559/- was brought to tax. Relevant part of the detailed judgment is given below:
"25. Unless, therefore, there is an omission or failure