MAHENDRA PURUSHOTTAM NAIK GAUNEKAR,PANAJI vs. INCOME TAX OFFICER, PANAJI
Accordingly. The ground thus stands allowed
ITA 12/PAN/2024[2016-17]Status: DisposedITAT Panaji01 Jul 2025AY 2016-17
Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshali
For Appellant: Mr Rahul Sarda [‘Ld. AR’]For Respondent: Mr Capt. Pradeep Arya [‘Ld. DR’]
Section 143(2)Section 147Section 148Section 250Section 253(1)Section 50CSection 50C(1)
3. In the facts and circumstances of the case the Assessing officer erred in reopening the assessment of the appellant on the ground that provisions of section 50C of IT. Act were applicable to the case of the appellant despite the fact that said section was not applicable to his case in view of the frat and second proviso
