SIVAPOTHULURU VEERAREDDY GADLURU, HYDERABAD,HYDERABAD vs. ASST.COMMISSIONER OF INCOME TAX, CIRCLE-2(2), HYDERABAD

Appeals are treated as allowed for statistical purposes in above terms

Bench: Shri S.S.Godara & Shri Laxmi Prasad Sahu

2). The words “such income" in section 147 clearly refer to the income which is chargeable to tax but has "escaped assessment" and the Income-tax Officer’s jurisdiction under the section is confined only to such income which has escaped assessment, it does not extend to reconsidering generally the concluded earlier assessment, Claims which have been disallowed