2 results for “reassessment u/s 147”+ Section 155clear
Sorted by relevance
The appeal is disposed of with liberty as prayed for by the learned
Bench: S.G.PANDIT,C.M. POONACHA
u/s 147 of the Income Tax Act, which decision is against the Explanation 1 to the provision of Section 147 of the Income tax Act, as the reason for reopening emanates from the books of accounts of the assessee from which the material evidence of escapement of LTCG has been discovered by the Assessing Officer with due diligence required