3 results for “reassessment u/s 147”+ Section 2(22)(e)clear
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Appeal of the assessee is allowed
Bench: the Ld. CIT(A) where appeal of the assessee was dismissed sustaining the order of the AO.
E R PER SONJOY SARMA, JUDICIAL MEMBER: This appeal by the assessee against the order of NFAC, Delhi dated 24.05.2024 arises out of the order of the Assessing Officer passed under Section 147 read with Section 144 of the Income-tax Act, 1961 (“the Act”) for the assessment year 2011–12. 2. Background and facts of that case are that