In the result, the appeals of Revenue for AYs 2011-12 and 2012-13
Bench: Ms. Astha Chandra & Shree G.D. Padmahshali
142A, the Assessing Officer should have reason to believe that any income chargeable to tax has escaped assessment as provided u/s. AY 2011-12 & 2012-13 147 and thereafter only the notice for reassessment can be issued u/s. 148. Even after the insertion of section