Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2006 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2006 (7) TMI 272 - AT - Income TaxExtract: .......st on this point. As such this issue is certainly beyond the scope of section 154 and hence the Assessing Officer was not justified in taxing the income at the rate of 40 per cent in the rectification proceedings. We, therefore, uphold the final view of the learned CIT(A) in accepting the assessee s case. 10. In the result, the appeal is dismissed.
|