Filing Revised Returns u/s 153A Indicates Acceptance, Bars Challenging Notices in Ongoing Income Tax Assessment.

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....Assessment u/s 153A - Need for recording satisfaction - It may be relevant to note that in response to the aforesaid notices, the petitioner has already filed revised returns and the matter is pending assessment. Once the petitioner has already filed revised returns, he has accepted or acquiesced to the notices and, as such, is estopped from challenging the same. - HC....