This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
If AO accepts objections of assessee and does not assess or reassess the income which was the basis of notice than he cannot made additions on other issues
Case Law Details
- Case Name
- Yashoda Shivappa Nagangoudar Vs ITO (Bombay High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2012-13
- Courts
- All High Courts, Bombay High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Yashoda Shivappa Nagangoudar Vs ITO (Bombay High Court)
Mr. Walve submitted that as per explanation 3 to Section 147 of the Act, the Assessing Officer may assess or re-assess the income in respect of any issue which has escaped assessment even if such issue comes to his notice subsequently in the course of proceedings under this section, notwithstanding that the reasons for such issue have not been included in the reasons recorded under Sub Section 2 of the Section 148 of the Act.
Though, there cannot be any dispute on this statement of Mr. Walve, explanation 3 presupposes that the notice whic...
