Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2016 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (7) TMI 1404 - AT - Income TaxReopening of assessment - Held that:- As explained above and respectfully follow the law as laid down by the Hon'ble Supreme Court of India in the case of CIT vs. Kelvinator of India Ltd. (2010 (1) TMI 11 - SUPREME COURT OF INDIA) as aforesaid, we are of the view that both the authorities below have gone wrong in deciding the reopening as valid. Therefore, we quash the orders of the authorities below on this legal issue and decide the same in favor of the assessee.
|