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Case Law Details

Case Name : Asst. Commissioner of Income- tax Vs. M/s Gayatri Agro Industrial Power Ltd. (ITAT Hyderabad)
Appeal Number : ITA Nos. 104 & 105/Hyd/2015 and C.O. Nos. 1 & 2/Hyd/2017
Date of Judgement/Order : 15/11/2017
Related Assessment Year : 2002- 03 & 2003- 04
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ACIT Vs. M/s Gayatri Agro Industrial Power Ltd. (ITAT Hyderabad)

It is clear from the record that AO has initiated reassessment proceedings only on the direction of ACIT and, moreover, AO has defended the case before audit parties. It gives an impression that AO was satisfied and believe

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