impugned re-assessment framed on
28.03.2014 making various disallowances / additions.
4. The assessee preferred appeal. The CIT(A) has quashed the re-
assessment in issue ... already come on record that the Assessing Officer set into motion than re-
opening mechanism on account of difference in TDS claimed deducted. We
quote
assessed had escaped
assessment. He thus initiated sec. 148 re-opening in motion and completed the
corresponding re-assessment on 18.05.2010 determining total income
same
stood summarily processed.
3. The assessment/re-assessment order dated 30-11-2017 forming subject matter.
The impugned 263 proceedings reveals that the department ... taxable income having
escaped assessment. He set into to motion section 148 / 147 proceedings vide re-
opening notice served on the assessee
facts once again. The Assessing Officer
admittedly set sec. 148 re-opening mechanism in motion in identical four notices
issued on 16.02.2016 which stood served ... statutory running of limitation
period in framing of assessment, re-assessment & re-computation. Clause(X) deals
with an instance of exchange of information between
re whichever is less, as per para 10.1.1(ii), 10 1.7 of t he
scheme It therefo re appeared that the incentive ... expedient to extend incentive fo r pro motion of indust ries in th is
State;
Now, therefo re, the G overnor is pleased hereby
facts once again. The Assessing Officer
admittedly set sec. 148 re-opening mechanism in motion in identical four notices
issued on 16.02.2016 which stood served ... statutory running of limitation
period in framing of assessment, re-assessment & re-computation. Clause(X) deals
with an instance of exchange of information between
opinion the whole machinery of re-examination and reconsideration of
the assessment order would be set in motion. Therefore, ld. PCIT has
invoked the revision ... whole machinery of re-examination and reconsideration of
an order of assessment, which has already been concluded, is again set in
motion. It was further
tangible material
available with the Assessing Officer for setting into motion the impugned re-opening
instant appeal. Its
former grievance challenges validity of the re-opening / re-assessment as
upheld in the course of lower appellate proceedings. It thereafter avers ... some difference in
cost of construction which set the impugned re-opening in motion. The
Assessing Officer thereafter issued sec. 148 notice dated
folded pleadings make it clear that it challenges
validity of the impugned re-opening as well as both the CIT(A)'s action
disallowing ... bogus sales bills alongwith services. The same
triggered the impugned re-opening into motion. The assessee pleaded during
the course of re-assessment that
