DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, AJMER vs. M/S SHRI RAJLAXMI DENIM, BHILWARA
In the result, appeal of the revenue is allowed
ITA 1134/JPR/2018[2015-16]Status: DisposedITAT Jaipur05 Mar 2019AY 2015-16
For Appellant: Shri O.P. Bhateja (ITP)For Respondent: Shri B.K. Gupta (CIT) fu/kZkfjrh dh vksj ls@
Section 124(3)Section 132(1)Section 142(1)Section 143(2)Section 143(3)Section 153A(1)Section 292BSection 68
reassessment proceedings, which have already been 'completed' and assessment orders have been passed determining the assessee's total income and, such orders are subsisting at the time when the search or the requisition is made, there is no question of any abatement since no proceedings are pending. In such cases, where the assessments already stands completed, the AO can reopen