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1 result for “reassessment”+ Section 80P(2)clear

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Section 1485Section 143(3)5Section 143(1)2Section 1512

THE AMRAVATI PEOPLE CO-OP BANK LTD ( NOW MERGED IN THE COSMOS CO-OP BANK LTD),AMARAVATI vs. D.C.I.T. AMRAVATI CIRCLE, AMARAVATI

In the result, the appeal of assessee is dismissed

ITA 308/NAG/2015[2007-08]Status: DisposedITAT Nagpur04 Aug 2023AY 2007-08

Bench: Shri Inturi Rama Rao & Shri S.S. Viswanethra Ravi

For Appellant: Shri S.G. GandhiFor Respondent: Shri Amol Khairnar
Section 143(1)Section 143(3)Section 148Section 151Section 80P

2 of the assessment order that the assessee vide letter dated 13-02-2014 thanked the AO for giving an opportunity for inspection of records for A.Y. 2002-03. We note that the assessee vehemently contended that there was no fresh tangible material in the possession of AO to reopen the assessment. The AO did not accept the objections