ITAT Ahmedabad Quashes Reassessment as Property Sale Belonged to Earlier Year

Ahmedabad  ITAT has annulled a reassessment framed under section 144 r.w.s. 147, holding that the property sale which formed the very basis of the reopening pertained to the previous year relevant to AY 2011–12 &  not to the reassessment year.

Assessee, a

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