Case Law Details
Advocate Akhilesh Kumar Sah
DCIT Vs Yamaha Motor India Sales Pvt. Ltd. (ITAT Delhi)
Controversy is continuing in different matters relating to re-opening of the assessment. Recently, in DCIT vs. Yamaha Motor India Sales Pvt. Ltd. & vice-versa [ITA No. 992/DEL/2014 and ITA No. 1095/DEL/2014, A.Y. 2006-07, decided on 22.10.2018], in the above case two cross appeals by the assessee and Revenue were preferred against the very same order dated 06.01.2014 framed under section 143(3) read with section 144C(4) of the Income-tax Act, 1961 [hereinafter referred to as ‘the Act’] pertaining to A.Y 2011-12. Both these appeals were heard together and were disposed of by the common order for the sake of convenience and brevity.
In addition to the challenge of the disallowance, the assessee had also challenged the reopening of the assessment under section 147 of the Act.
Please become a Premium member. If you are already a Premium member, login here to access the full content.
