https://www.taxtmi.com/caselaws?id=408250 The Court partially allowed the appeal in a case involving assessments under Sections 153C and 147 of the Income Tax Act for the assessment year 2012-13. The Appellate Authority upheld the Rule 6DD(k) exemption for payment through self cheques, reducing the reassessed income. Additionally, the Court quashed the notice for reopening the assessment under Section 147, citing ongoing appeal proceedings and lack of exceptional circumstances for the Department's actions. en-us Thu, 25 Mar 2021 00:00:00 +0530 Fri, 04 Jun 2021 08:26:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408250 The Court partially allowed the appeal in a case involving assessments under Sections 153C and 147 of the Income Tax Act for the assessment year 2012-13. The Appellate Authority upheld the Rule 6DD(k) exemption for payment through self cheques, reducing the reassessed income. Additionally, the Court quashed the notice for reopening the assessment under Section 147, citing ongoing appeal proceedings and lack of exceptional circumstances for the Department's actions. Case-Laws Income Tax Thu, 25 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408250