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2000 (1) TMI 148 - ITAT DELHI-D
Extract:
.......e Assessing Officer allowed the amount of interest after due enquiry. As such, it cannot be said that the assessment was crept with error. Therefore, in our opinion, conditions precedent for assuming jurisdiction under section 263 did not exist. Accordingly, we quash the impugned order. 31. In the result, the appeal of the assessee, stands allowed.