More importantly, the ITAT accepted the assessee’s additional legal ground challenging the 60% rate under amended Section 115BBE for AY 2017-18. Consequently, for FY 2016-17 / AY 2017-18, the pre-amendment rate of 30% applies and not the enhanced 60% rate. The assessee has challenged the action of the Assessing Officer before the learned CIT(A) but could not succeed. 11,62,200/-”7.1 The addition made by the Assessing Officer was confirmed by the CIT(A) on similar reasoning. The Assessing Officer is directed to decide this issue, after giving proper opportunity of hearing to the assessee.