ESTATE OF LATE SHRI VRAJLAL CHANDULAL MEHTA,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(2), MUMBAI

In the result, the appeal of the assessee is treated as allowed

Bench: Shri B.R. Baskaran (Am)& Shri Pawan Singh (Jm)

reassessment proceedings under section 34 of the Act and collected some additional tax from her. On March 17, 1962, the respondent, who is one of the daughters of Narayana Reddy and who had obtained a share in the estate of Narayana Reddy under the compromise decree referred to earlier, was served with notices under section 34of the Act seeking

RAGHULEELA ESTATES PRIVATE LIMITED,BANDRA, MUMBAI vs. PCIT (CENTRAL), MUMBAI-3, MUMBAI

In the result, appeal of the assessee is allowed