https://www.taxtmi.com/caselaws?id=219065 The Court held that the Assessing Officer can reopen an assessment under Section 147 if excess claim of deduction disallowed in Section 143(1)(a) proceedings. Relying on precedent, the Court clarified that Section 143(1)(a) is not an assessment order, allowing for reassessment under Section 147 for escaped assessments. As the adjustments made were debatable and no regular assessment was conducted, the Officer had jurisdiction under Section 147. Consequently, the Court ruled in favor of the Revenue, setting aside the Tribunal's decision and allowing the Tax Case Appeal without awarding costs. en-us Mon, 08 Oct 2012 00:00:00 +0530 Tue, 04 Dec 2012 09:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219065 The Court held that the Assessing Officer can reopen an assessment under Section 147 if excess claim of deduction disallowed in Section 143(1)(a) proceedings. Relying on precedent, the Court clarified that Section 143(1)(a) is not an assessment order, allowing for reassessment under Section 147 for escaped assessments. As the adjustments made were debatable and no regular assessment was conducted, the Officer had jurisdiction under Section 147. Consequently, the Court ruled in favor of the Revenue, setting aside the Tribunal's decision and allowing the Tax Case Appeal without awarding costs. Case-Laws Income Tax Mon, 08 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219065