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“Section 155(4)”

Section References (mined)Section 155Section 155(4)5 judgments

ILJIN AUTOMOTIVE PRIVATE LIMITED,,KANCHIPURAM vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CORPORATE CIRCLE 1(1), CHENNAI

In the result, appeals filed by the assessee are allowed

ITA 1496/CHNY/2024[2018-19]Status: DisposedITAT Chennai26 May 2025AY 2018-19

Bench: Shri Aby T. Varkey & Shri S.R.Raghunatha

Section 143(3)Section 154Section 154(3)

notice copy found 2018-19 22.11.2022 09.11.2022 Through ITBA Email delivered on 25.11.2022 However, reduction of loss is as per the provisions of section 155(4) and assessee may not be given the benefit of procedural aspect of giving opportunity as no prejudice is caused by not giving opportunity. Further ... ILJIN Automotive Pvt. Ltd. :: 10 :: 10. Coming to the plea raised in the Remand Report that reduction of loss is as per section 155(4) of the Act, but the Ld.DR couldn’t convince us as to how sub-section (4) of section 155 is applicable to the facts

ILJIN AUTOMOTIVE PRIVATE LIMITED,IRUNGATTUKOTTAI vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CORPORATE CIRCLE 1(1), ),, CHENNAI

In the result, appeals filed by the assessee are allowed

ITA 1495/CHNY/2024[2017-18]Status: DisposedITAT Chennai26 May 2025AY 2017-18

Bench: Shri Aby T. Varkey & Shri S.R.Raghunatha

Section 143(3)Section 154Section 154(3)

notice copy found 2018-19 22.11.2022 09.11.2022 Through ITBA Email delivered on 25.11.2022 However, reduction of loss is as per the provisions of section 155(4) and assessee may not be given the benefit of procedural aspect of giving opportunity as no prejudice is caused by not giving opportunity. Further ... ILJIN Automotive Pvt. Ltd. :: 10 :: 10. Coming to the plea raised in the Remand Report that reduction of loss is as per section 155(4) of the Act, but the Ld.DR couldn’t convince us as to how sub-section (4) of section 155 is applicable to the facts

ILJIN AUTOMOTIVE PRIVATE LIMITED,KANCHIPURAM vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CORPORATE CIRCLE 2(1), CHENNAI, CHENNAI

In the result, appeals filed by the assessee are allowed

ITA 1494/CHNY/2024[2016-17]Status: DisposedITAT Chennai26 May 2025AY 2016-17

Bench: Shri Aby T. Varkey & Shri S.R.Raghunatha

Section 143(3)Section 154Section 154(3)

notice copy found 2018-19 22.11.2022 09.11.2022 Through ITBA Email delivered on 25.11.2022 However, reduction of loss is as per the provisions of section 155(4) and assessee may not be given the benefit of procedural aspect of giving opportunity as no prejudice is caused by not giving opportunity. Further ... ILJIN Automotive Pvt. Ltd. :: 10 :: 10. Coming to the plea raised in the Remand Report that reduction of loss is as per section 155(4) of the Act, but the Ld.DR couldn’t convince us as to how sub-section (4) of section 155 is applicable to the facts

M/S. TRIVITRON HEALTHCARE PVT. LTD.,CHENNAI vs. PCIT, , CHENNAI-3

In the result, the appeal filed by the assessee is partly\nallowed

ITA 1745/CHNY/2024[2018-19]Status: DisposedITAT Chennai05 Dec 2024AY 2018-19
Section 115JSection 143(3)Section 263Section 35

earlier assessment\nyears at the time of passing the order and also take necessary in\nother relevant years as per the provisions of Section 155(4) rws 154\nof the Income-tax Act, 1961. Therefore, the Assessing Officer is\ndirected to verify the status of the total income assessed

OM SHANTI RELTORS,MUMBAI vs. INCOME TAX OFFICER WARD-20(2)(3), MUMBAI

In the result, appeal filed by the assessee is allowed with above directions for statistical purposes

ITA 4113/MUM/2023[2015-16]Status: DisposedITAT Mumbai05 Jun 2024AY 2015-16

Bench: Shri. Prashant Maharshi & Shri. Raj Kumar Chauhanom Shanti Realtors Vs. Income Tax Officer Ward- Omkar House, Off Eastern 20(2)(3) Highway, Opp. Sion Chunnabhatti 2Nd Floor, 210, Piramal Signal, Sion East, Mumbai – 400 Chambers, Parel, Mumbai – 022. 400 012. Pan: Aabfo1844K (Appellant) (Respondent)

Section 133(6)Section 143(1)Section 143(2)Section 250

required to be reduced. vii. The Ld. AO can increase opening stock or adjust the losses in next year under the provisions of section 155(4) of "the Act" and after following the procedure mentioned therein and the addition made under section 68 is illegal and unwarranted. viii. Reliance upon