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Case Law Details

Case Name : Lakshdeep Investments & Finance Pvt. Ltd Vs ACIT (Bombay High Court)
Appeal Number : Writ Petition No. 2946 of 2022
Date of Judgement/Order : 13/03/2023
Related Assessment Year : 2015-16
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Lakshdeep Investments & Finance Pvt. Ltd Vs ACIT (Bombay High Court)

Bombay High Court held that only reason for re-assessment proceedings under section 148 of the Income Tax Act is adoption of different opinion on the question of valuation as against the one adopted by petit

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