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1 result for “reassessment u/s 147”+ Section 73clear

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Key Topics

Section 1474Section 1482Section 143(3)2

RATNESH KUMAR JAIN,SHIVPURI vs. INCOME TAX OFFICER ASHOK NAGAR, GWALIOR

In the result, appeal of the assessee is allowed for statistical\npurposes

ITA 278/AGR/2024[2014-15]Status: DisposedITAT Agra14 Feb 2025AY 2014-15
Section 143(3)Section 144BSection 144rSection 147Section 148Section 250

73,340/-. The AO during original assessment proceedings\nconducted detailed enquiry in respect of credit entries in the bank\naccount . Thereafter case of the assessee was reopened by Revenue\nu/s. 147 on the ground that the assessee has deposited Rs.2,02,32,638/-\nin his bank account, while the turnover disclosed is Rs.80,30,790/-. The\nassessee submitted that