Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2013 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (10) TMI 148 - HC - Income TaxRe-opening of assessment u/s 147 of the Income tax Act – Held that:- Relying upon the judgment in the case of Sadbhav Engineering Ltd. [2010 (7) TMI 521 - Gujarat High Court], it has been held that such reopening of the assessment under Section 148 of the Income Tax Act beyond the period of four years from the end of relevant assessment year only on the ground that explanation given below sub-section (13) of Section 80-IA of the Act substituted by the Finance (No. 2) Act, 2009 with retrospective effect i.e., from 1st April 2000 would not be admissible – Decided against the Revenue.
|