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2023 (5) TMI 999 - AT - Income TaxValidity of Reassessment proceedings u/s 147 - bogus purchases - HELD THAT:- We note that original assessment of the assessee was complete u/s144 wherein the Assessing Officer made addition on account of bogus purchases. Later on reassessment proceedings were initiated under section 147 of the Act and assessment was framed u/s 144 r.w.s. 147 - In the said reassessment proceedings, the bogus purchases was again added by the Assessing Officer, which amounts to double taxation. Since, the above amount was disallowed by Assessing Officer in original assessment, therefore the same amount should not be disallowed in reassessment proceedings. Hence, addition made by Assessing Officer in reassessment proceedings is not sustainable in law. Ground of the assessee is allowed.
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