Search: reassessment u/s 147

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Section 1473 Section 50C2

SHREE PRAKSH SINGH,GURGAON vs. INCOME TAX OFFICER, WARD-1, DIGBOI

In the result, the appeal of the assessee is allowed

ITA 14/GTY/2019[2012-13]Status: DisposedITAT Guwahati09 Oct 2020AY 2012-13

Bench: Shri A. T. Varkey, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.14/Gau/2019 ("नधा"रणवष" / Assessment Year:2012-13)

For Appellant: Shri S. P. Bhati, A.RFor Respondent: Shri Amitava Sen, JCIT, Sr. D.R

Section 143(2)Section 143(3)Section 147Section 148Section 50CSection 50C(1)

reassessment proceedings initiated by the Assessing Officer u/s 147/ 148 was bad in law. 4. Brief facts qua the issue are that the assesses filed his return of income electronically on 29.06.2013 showing total, income at Rs.8,01,550/-. The assessee had shown income from three sources viz. income from Business’, income from House Property’ and ‘Income from Other Sources