Invalid Reassessment of MAT u/s 147: Jurisdiction Assumption Flawed, Gains on Rural Land Sale Deduction Disputed.

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....Reassessment u/s 147 - MAT - Computation u/s 115JB - Deduction on account of gain on sale of agriculture land (rural) out of “book profit” - the assumption of jurisdiction u/s 147 by issuance of notice u/s 148 cannot be sustained and held as invalid in eyes of law.....