SHASHI SHEKHAR SARAF (L.R. OF LATE SHRI RAM AWATAR SARAF),KOLKATA vs. ACIT, CIRCLE - 45, , KOLKATA
In the result, the appeal of the assessee is allowed
ITA 2314/KOL/2018[2011-12]Status: DisposedITAT Kolkata01 Oct 2019AY 2011-12
For Appellant: Shri Miraj D. Shah, ARFor Respondent: Shri K. Nath, Addl. CIT, Sr. DR
Section 147
55A of the Act which came into force on 01.07.2012 and it is clear that the said amendment is not applicable to the present year under consideration. When there is no power to Assessing Officer to refer an issue to the DVO and reopening of assessment u/s 147 of the Act does not arise at all and the reassessment made
