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2 results for “reassessment u/s 147”+ Section 54Bclear

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Key Topics

Section 2634Section 1474Section 1483Section 143(3)2Reassessment2Addition to Income2

JAWAHAR LAL AGARWAL,AGRA vs. I.T.O., WARD-4(2), AGRA

In the result, the appeal is allowed

ITA 336/AGR/2014[2005-06]Status: DisposedITAT Agra24 Nov 2017AY 2005-06

Bench: Shri A. D. Jain

Section 129Section 143Section 147Section 148Section 234ASection 50CSection 54BSection 54F

54B taking the provisions of section 50C of the I.T. Act not applying on it. 5. Because in any view, the ld. CIT (A) has erred in confirming the interest charged u/s 234A, 234B & 234C, which is wrong and illegal.” 2. The following additional ground has also been raised: “7. Because in any view, the Assessment framed u/s 143/147

AJIT SINGH,SHIVPURI vs. PRINCIPAL COMMISSIONER OF INCOME TAX, GWALIOR

In the result, assessee’s appeal ITA No 263/Agr/2025 is allowed

ITA 263/AGR/2025[2010-11]Status: DisposedITAT Agra17 Apr 2026AY 2010-11
Section 143(3)Section 147Section 148Section 263Section 69A

147 of the Act, accepting the returned income vide assessment order dated 22.12.2017. 3. Ld PCIT, while exercising revisional powers vested in him u/s. 263 of the Act, passed original revisional order dated 26.03.2020 and observed that assessee had taken advance of Rs. 77,73,275/- against the sale of land on behalf of asssessee’s sons Amir Singh & Shabeer