2 results for “reassessment u/s 147”+ Exemptionclear
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In the result, appeal of the assessee is allowed
Bench: Shri Sonjoy Sarma & Shri Girish Agrawal
147 is bad in eye of law and fit to be cancelled. 2. For that Ld. CIT(A) was not justified in confirming the addition of Rs. 75000/- and Rs. 1,82,26,700/- made by Ld. AO on account of long term capital gain exemption claimed u/s 10(38) on account of share transaction of M/s Blueprint Securities