6 results for “reassessment u/s 147”+ Deductionclear
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In the result appeal of the assessee is allowed
Bench: Dr. B. R. R. Kumarsh. Yogesh Kumar Us
reassessment framed pursuance to notice u/s 148 at para 2 & 3 that sum of Rs.3,23,670/- was not claimed as interest expenses in profit and loss A/c and therefore there was no case for making any disallowance. A.O. further proceeded to assess the same income as determined in regular assessment framed u/s