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2014 (4) TMI 895 - HC - Income TaxValidity of re-assessment order u/s 143(3) r.w.s.147 of the Act – Allowability of claim of deduction u/s 80IB of the Act – Contracts for erection, commissioning and pressure die casting Held that:- The original assessment u/s 143(3) of the Act was completed on 22.09.2003, disallowing the claim for deduction u/s 80IB of the Act - if there is any mistake in granting relief to the assessee u/s 80IB of the Act in the order, the only order that could be the subject of Revision would be the order dated 18.05.2005 and not the order passed on 22.09.2003, which was the subject matter of appeal before the Tribunal at the instance of the Revenue on 22.06.2007 and the order of the Tribunal had also attained finality - if the Revenue is questioning the quantum of relief granted to the assessee, the order available for revision would be the order dated 18.05.2005 - this is not subjected to any revision u/s 147 of the Act, the Revenue would not be justified in sustaining its plea on its jurisdiction to revise the order u/s 147 of the Act – Decided against Revenue.
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