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![Legislature used the Term ‘Computed’ in Contra-distinction to the word ‘assessed’ in Sec 255(3) of the IT Act: Punjab & Haryana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Punjab-and-Haryana-High-Court-Tax-Scan.jpg "Legislature used the Term ‘Computed’ in Contra-distinction to the word ‘assessed’ in Sec 255(3) of the IT Act: Punjab & Haryana HC [Read Judgment]")
Legislature used the Term ‘Computed’ in Contra-distinction to the word ‘assessed’ in Sec 255(3) of the IT Act: Punjab & Haryana HC [Read Judgment]
In Gee City Builders Private Limited v. CIT, the Punjab and Haryana High Court held that when the income of the assessee was assessed by the Assessing...