BHAVESH SURESH SEJPAL,AKOT vs. ITO WARD-3, AKOLA
In the result, appeal by the assessee stands allowed
ITA 467/NAG/2024[2014-15]Status: DisposedITAT Nagpur21 Mar 2025AY 2014-15
Bench: Shri V. Durgarao & Shrik.M. Roy, Accountant, Member
For Appellant: Shri Naresh JakhotiaFor Respondent: Shri Abhay Y. Marathe
Section 147Section 148Section 44ASection 50Section 56Section 56(2)(vii)
147 of the Act, as the assessment year under consideration is deemed to be a case where the income chargeable to tax has escaped assessment. Accordingly, statutory notices were issued under section 148 of the Act in response to which, on 21/05/2021, the assessee again filed its return of income and thereafter the Assessing Officer issued reason
