[2014] 50 taxmann.com 214 (Lucknow - Trib.)
IN THE ITAT LUCKNOW BENCH 'B'
U.P. Housing & Development Board
v.
Assistant Commissioner of Income-tax, Range-II, Lucknow*
SUNIL KUMAR YADAV, JUDICIAL MEMBER
AND A.K. GARODIA, ACCOUNTANT MEMBER
IT APPEAL NO. 229 (LKW.) OF 2009
[ASSESSMENT YEAR 2004-05]
SEPTEMBER 5, 2014
Section 139, read with section 149, of the Income-tax Act, 1961 - Return of income (Reassessment) - Assessment year 2004-05 - Whether where time is available to assessee for filing return under section 139(4), it cannot be said that any income has escaped assessment and issuance of notice under section 148 is not valid- Held, yes [Para 5] [In favour of assessee]
IN THE ITAT LUCKNOW BENCH 'B'
U.P. Housing & Development Board
v.
Assistant Commissioner of Income-tax, Range-II, Lucknow*
SUNIL KUMAR YADAV, JUDICIAL MEMBER
AND A.K. GARODIA, ACCOUNTANT MEMBER
IT APPEAL NO. 229 (LKW.) OF 2009
[ASSESSMENT YEAR 2004-05]
SEPTEMBER 5, 2014
Section 139, read with section 149, of the Income-tax Act, 1961 - Return of income (Reassessment) - Assessment year 2004-05 - Whether where time is available to assessee for filing return under section 139(4), it cannot be said that any income has escaped assessment and issuance of notice under section 148 is not valid- Held, yes [Para 5] [In favour of assessee]
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