Ankit Aqrochem (P.) Ltd. v. JCIT Rajasthan High Court

89 Taxmann.com 45High Court2018#2257 most cited

What is Ankit Aqrochem (P.) Ltd. v. JCIT Rajasthan High Court authority for?

An Assessing Officer can reopen assessment proceedings based on information received from the Investigation Wing, provided the officer applies an independent mind, records reasons for belief, and establishes a live link between the information and the belief that income has escaped assessment.

51

judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2018 to 2026.

Also referred to as

Ankit Aqrochem · section 147 reassessment · section 148 reopening · third party information · Investigation Wing · live link · application of mind · borrowed satisfaction · section 151 sanction · beyond four years

Issues it is cited on

Judgments citing Ankit Aqrochem (P.) Ltd. v. JCIT Rajasthan High Court

VILSON ROOFING PRODUCTS PRIVATE LIMITED,KOLHAPUR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLHAPUR

The appeal of the assessee is DISMISSED

ITA 956/PUN/2023[2009-10]Status: DisposedITAT Pune12 Dec 2023AY 2009-10

Bench: Shri Partha Sarathi Chaudhury & Shri G. D. Padmahshaliआयकर अपऩल सं. / Ita No. 956/Pun/2023 निर्धारण वर्ा / Assessment Year : 2009-10 Vilson Roofing Products Pvt. Ltd., 1St Lane, Opp. Prataprao Jagdale Hall, Rajarampuri, Kolhapur, Pin – 416 008 . . . . . . . अपऩलधथी / Appellant Pan: Aaccv0661M

For Appellant: Mr Sharad Vaze [‘Ld. AR’]For Respondent: Mr M G Jasnani [‘Ld. DR’]
Section 143(3)Section 147Section 148Section 250Section 253(1)(a)Section 68

…॥ आयकर अपीलीय न्यायाधिकरण, पुणे “बी” न्यायपीठ, पुणे में ॥ IN THE INCOME TAX APPELLATE TRIBUNAL, PUNE “B” BENCH, PUNE BEFORE SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER AND SHRI G. D. PADMAHSHALI, ACCOUNTANT MEMBER आयकर अपऩल सं. / ITA No. 956/PUN/2023 निर्धारण वर्ा / Assessment Year : 2009-10 Vilson Roofing Products Pvt. Ltd., 1st Lane, Opp. Prataprao Jagdale Hall, Rajarampuri, Kolhapur, Pin – 416 008 . . . . . . . अपऩलधथी / Appellant PAN: AACCV0661M बनाम / V/s Asstt. Commissioner of Income Tax, . . . . . . . प्रत्यथी / Respondent Central Circle, Kolhapur द्वारा / Appearances Assessee by : Mr Sharad Vaze [‘Ld…

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Ankit Aqrochem (P.) Ltd. v. JCIT Rajasthan High Court (89 Taxmann.com 45) — Cited in 51 Judgments | BharatTax