Dismissing the petition the Court held that the Claim was accepted without proper enquiry hence the reassessment is valid. (AY. 2011-12)
Arun Trehan v. CIT (2019) 415 ITR 175 (P&H)(HC)
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Initial assessment year-Claim was accepted without proper enquiry–Reassessment is valid. [S. 80IC, 143(3)]