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2019 (10) TMI 1026 - AT - Income TaxAssessment u/s 153C OR 147/148 - HELD THAT:- The amended provisions of section 153C of the Act w.r.e. from 2013, apply to the year under consideration. Considering the above settled legal proposition on this issue (common in both the appeals), we do not find force in the order of the CIT(A). The issue raised in the present appeal is squarely covered by the issue before the Tribunal in Joshi Wadewale Hadapsar Vs. DCIT [2018 (3) TMI 1583 - ITAT PUNE] and following the same parity of reasoning, we hold that re-assessment proceedings initiated against the assessee under section 147 / 148 of the Act are not warranted. The Assessing Officer after receipt of information belonging to the assessee should have invoked provisions of section 153C of the Act and not section 147 / 148 of the Act. Accordingly, we hold so. Consequently, re-assessment order passed under section 148 of the Act does not stand.
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