M/S KING EXPORTS THRU MADAN LAL vs. COMMISSIONER OF INCOME TAX, LUDHIANA

Bench: MRS. JUSTICE LISA GILL,MRS. JUSTICE MEENAKSHI I. MEHTA

3.—For the purpose of assessment or reassessment under this section, the Assessing Officer may assess or reassess the income in respect of any issue, which has escaped assessment, and such issue comes to his notice subsequently in the course of the proceedings under this section, SUNIL 2025.11.07 13

PR. COMMISSIONER OF INCOME TAX GURGAON vs. M/S BHARATNET TECHNOLOGY LIMITED

Appeals stands dismissed in limine

Bench: MR. JUSTICE GURMEET SINGH SANDHAWALIA,MS. JUSTICE HARPREET KAUR JEEWAN

3. The Tribunal, vide order dated 13.11.2017 (Annexure A-3) came to the conclusion that the CIT (Appeal) had deleted the impugned addition made by the Assessing Officer observing that no incriminating material was found during the search action carried out in the case of the assessee. The Income Tax Returns and assessment proceedings already stood concluded on the date