AKSH OPTIFIBRE LIMITED,NEW DELHI vs. ACIT, CIRCLE - 2, ALWAR

In the result, all the appeal of the assessee is allowed

reassessment and the notice is plainly\nmechanical and stereotype. That the reasons were supplied by the Assessing\nOfficer to assessee on 03.07.2015 which were objected vide letter dated\n09.07.2015 and later on Assessing Officer disposed objection on 26.10.2015. The\ncharacteristic feature of the reasons were re-appraisal of the same material forming\nthe part of original assessment records. Just

M/S RAJASTHAN STATE ROAD DEVELOPMENT & CONSTRUCTION CORPORATION LTD.,SETU BHAWAN, JHALANA DOONGRI, JAIPUR vs. DCIT, CIRCLE-6, JAIPUR

In the result, appeal of the assessee is allowed

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

section 147 of the IT Act, 1961 for the AY 2010-11. The escapement was on account of failure on the part of the assessee to disclose all material facts.” The assessee objected to the notice issued u/s 148 vide reply dt. 12.10.2017 (PB 21-24). 4. The AO, however, without disposing the objections raised by the assessee completed