Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2012 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (8) TMI 520 - AT - Income TaxReassessment order u/s 147 - the assessee has purchased a new software and it does not come under up gradation or for renewal of the existing software - Held that:- CIT (A) has simply affirmed the reassessment order without deciding the issue in its right perspective by only saying that objection of the assessee was raised before the AO only by letter dated 27.12.2010 which is not valid in law and has not considered the issue properly - CIT (A) ignored to note assessee's contention that the original assessment was completed under section 143(3) by considering the same material - remit the matter back to the CIT (A) to decide the matter afresh - in favour of assessee for statistical purposes.
|