Allowing the appeal the Tribunal held that ,the Assessing Officer had totally misinterpreted the directions of the Tribunal and grossly erred in reopening the Assessment . The Tribunal had held given the direction to verify accordingly the reassessment is held to be not valid. (AY.2009-10)
Narayan Singh, HUF v. ITO (2020)82 ITR 18 (SN)(Delhi) (Trib)
S. 147 : Reassessment – Capital gains- HUF – Individual – No direction was given buy the Appellate Tribunal – Reassessment is held to be not valid .[ S.148 ]