Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1982 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1982 (7) TMI 136 - AT - Income TaxExtract: .......os.5626 to 5627/Cal/71-72,had held that loan of Rs. 50,000 was genuine and proceedings under s. 147(a) were not valid. In view of our aforesaid discussion, we cancel the reassessment made under s. 147(a)/143(3) and consider it unnecessary to discuss the cases relied on by the ld. departmental representative. 7. In the result, the appeal is allowed.
|