AJMER DEVELOPMENT AUTHORITY,AJMER vs. CIT(EXEMPTION)/ ITO (EXEMPTION), JAIPUR / JODHPUR
In the result, the stay application filed by the assessee is dismissed
ITA 89/JODH/2022[2012-13]Status: DisposedITAT Jodhpur22 Mar 2023AY 2012-13
Bench: Shri Kul Bharatshri Manish Borad
Section 143(3)Section 147Section 263
7. Even Expln. III to s.147 was not applicable:
7.1 It is further submitted that none of the reasons/ basis adapted by the learned CIT for passing the impugned Order u/s 263 came to the notice of the AO subsequently in the course of the reassessment proceedings. Pertinently, even the ld CIT neither in the impugned show cause notice u/s