The Prl Commissioner of Income Tax (Exemptions) vs. Institute of Development and Research in Banking Technology

Bench: ABHINAND KUMAR SHAVILI,V RAMASUBRAMANIAN

Section 147 of the Act dated 19.12.2013 on the ground that deduction was allowed inadvertently is not sustainable. 12. In substance, Shri Suryanarayana's argument is, the AO had accepted the explanation and passed the assessment order. Therefore, the deductions allowed previously could not be disallowed subsequently on the ground that the same were inadvertently allowed. In support

Commissioner of Income Tax vs. Agricultural Market Committee

Bench: V.V.S.RAO,RAMESH RANGANATHAN