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2016 (7) TMI 1537 - GUJARAT HIGH COURTReopening of assessment u/s 147 - whether the Tribunal has committed a serious error in holding that under Section 147 of the Act, the Assessing Officer could not have reopened the assessment for the relevant year ? - HELD THAT:- As gone through the materials on record and the judgments relied upon by the Tribunal while passing the impugned orders. Learned advocate for the appellant is not in a position to dispute the decisions relied upon by the Tribunal at the time of passing the impugned orders. Therefore, applying this ratio, in our view, the Tribunal has not committed an error while passing the impugned orders. Accordingly, all these appeals are dismissed. The question posed for our consideration is answered in favour of the assessee and against the revenue and it is held that the Tribunal has not committed any error in interpreting the provision of Section 147 of the Income Tax Act, 1961
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