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2014 (1) TMI 337 - ITAT KOLKATAValidity of reassessment u/s 147 - Held that:- The ld. CIT(A) in his order without giving any reasons adjudicated the issue in a very cryptic manner and had upheld the reopening - The ld. CIT(A) had extracted all the facts and also called for Remand Report wherein the ld. AO has revised the figure of Rs.36,68,915/- to Rs.86,83,246 - The ld. CIT(A) had adjudicated the issue of reopening and had upheld the reopening of the assessment though admittedly the order could have been more in detail - The issue of reopening as also the issues in the appeal can be restored to the file of the ld. CIT(A) for passing a speaking order on the issue of reopening as also in regard to granting of the assessee opportunity to recompute the deduction u/s 80HHC of the Act, if the reopening was held against the assessee - The issue was restored for fresh adjudication.
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