Tribunal to Assessee: No new claims in 147 or Section 154 proceedings

Gruh Finance Ltd. Vs DCIT (ITAT Ahmedabad) Tribunal to Assessee: No new claims in 147 or Section 154 proceedings; Fresh ESOP Claims Blocked in Reassessment and Rectification: ITAT Draws the Line ; Reopening not for fresh deductions, rectifications not for re-litigation. Assessee had filed its return of income   declaring total income of Rs.101,33,86,210/-& in  143(3) order,  total income was assessed at Rs. 105,29,30,940/-. Assessee filed appeal before   CIT(A) &  ITAT. ITAT provided part relief to the assessee. Appeal effect  was given by A.O. Thereafter,  AO received infor...