1982 (2) TMI 151

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..... ter the ITO dt. 22nd July, 1978 under s. 154 was passed. The facts leading to the passing of the order under s. 154 are same as those for the passing of the order under s. 147(b). The facts of this case have been discussed by us while deciding the appeal relating to order under s. 154. We, therefore, would not repeat them here. The point according to us is fully concluded against the revenue on tw .....

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..... accordingly hold that both on merits and on jurisdiction the reassessment proceedings cannot sustain. 2. Mr. Devdas appearing for the respondent also pointed out that the reassessment has been made for reducing the income and that is not permissible. There appears to be much force in the submission but we need not deal with it at length in the view we have taken both on the jurisdiction and on m .....

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