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70 results for “reassessment u/s 147”+ Section 195clear

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Key Topics

Addition to Income45Section 143(3)42Section 14739Section 14828Section 69C28Section 2(15)20Section 153A19Double Taxation/DTAA18Reopening of Assessment

ASSTT. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), AHMEDABAD vs. N K PROTEINS PVT. LIMITED, AHMEDABAD

In the result the appeal filed by the Revenue is hereby dismissed

ITA 339/AHD/2022[2009-10]Status: DisposedITAT Ahmedabad12 Nov 2024AY 2009-10

Bench: Shri T R Senthil Kumar (Judicial Member), Shri Narendra Prasad Sinha (Accountant Member)

For Appellant: Shri Vartik Chokshi, A.RFor Respondent: Shri Sudhendu Das, CIT-D.R
Section 143(3)Section 147Section 148Section 14ASection 40A(2)(b)Section 43(5)

147. Considering this decision, which is rendered by Hon'ble ITAT in current year itself disallowance under Section 14A does not survive. • Considering these facts Assessee claimed that once addition made by the AO is deleted by the Hon'ble ITAT, disallowance u/s.14A would not survive and AO has already not made other additions based upon reasons recorded. Hence reassessment

Showing 1–20 of 70 · Page 1 of 4

15
Reassessment14
Exemption11
Section 1110

M/S. VENUS INFRABUILD,AHMEDABAD vs. THE DY.CIT.,CENT.CIRCLE-1(1),, AHMEDABAD

ITA 836/AHD/2019[2014-15]Status: DisposedITAT Ahmedabad12 Nov 2020AY 2014-15

Bench: Shri Rajpal Yadav, Vice- & Shri Waseem Ahmed

195 to 200/Ahd/2019 The DCIT, Cir.(1)(1) Shri Dilip Kumar 2009-10 to 2014-15 Ahmedabad. Lalwani R-649, New Rajendra Nagar New Delhi PAN : AAEPL 5472 F 88 to 94/Ahd/2019 44— Shri Ashok The DCIT, 50 Asstt.Year : 2009-10 to Surendras Vaswani Cent.Cir.1(1) 2015-16 1, Rajdeep Villa Ahmedabad. Opp: Rivera-11 B/h. Chimanbhai Institute Prahalad

SHRI DEEPAK BUDHARMAL VASWANI,,AHMEDABAD vs. DCIT, CENTRAL CIRCLE -1(1),, AHMEDABAD

ITA 461/AHD/2019[2008-09]Status: DisposedITAT Ahmedabad12 Nov 2020AY 2008-09

Bench: Shri Rajpal Yadav, Vice- & Shri Waseem Ahmed

195 to 200/Ahd/2019 The DCIT, Cir.(1)(1) Shri Dilip Kumar 2009-10 to 2014-15 Ahmedabad. Lalwani R-649, New Rajendra Nagar New Delhi PAN : AAEPL 5472 F 88 to 94/Ahd/2019 44— Shri Ashok The DCIT, 50 Asstt.Year : 2009-10 to Surendras Vaswani Cent.Cir.1(1) 2015-16 1, Rajdeep Villa Ahmedabad. Opp: Rivera-11 B/h. Chimanbhai Institute Prahalad

SHRI ASHOK SUNDERDAS VASWANI,AHMEDABAD vs. THE DCIT, CENTRAL CIRCLE-1(1), AHMEDABAD

ITA 456/AHD/2019[2008-09]Status: DisposedITAT Ahmedabad12 Nov 2020AY 2008-09

Bench: Shri Rajpal Yadav, Vice- & Shri Waseem Ahmed

195 to 200/Ahd/2019 The DCIT, Cir.(1)(1) Shri Dilip Kumar 2009-10 to 2014-15 Ahmedabad. Lalwani R-649, New Rajendra Nagar New Delhi PAN : AAEPL 5472 F 88 to 94/Ahd/2019 44— Shri Ashok The DCIT, 50 Asstt.Year : 2009-10 to Surendras Vaswani Cent.Cir.1(1) 2015-16 1, Rajdeep Villa Ahmedabad. Opp: Rivera-11 B/h. Chimanbhai Institute Prahalad

DCIT, CENTRAL CIRCLE -1(1),, AHMEDABAD vs. SHRI DEEPAK KUMAR VASWANI,, AHMEDABAD

ITA 807/AHD/2019[2008-09]Status: DisposedITAT Ahmedabad12 Nov 2020AY 2008-09

Bench: Shri Rajpal Yadav, Vice- & Shri Waseem Ahmed

195 to 200/Ahd/2019 The DCIT, Cir.(1)(1) Shri Dilip Kumar 2009-10 to 2014-15 Ahmedabad. Lalwani R-649, New Rajendra Nagar New Delhi PAN : AAEPL 5472 F 88 to 94/Ahd/2019 44— Shri Ashok The DCIT, 50 Asstt.Year : 2009-10 to Surendras Vaswani Cent.Cir.1(1) 2015-16 1, Rajdeep Villa Ahmedabad. Opp: Rivera-11 B/h. Chimanbhai Institute Prahalad

SHRI RAJESH SUNDERDAS VASWANI,AHMEDABAD vs. THE DCIT, CENTRAL CIRCLE-1(1), AHMEDABAD

ITA 457/AHD/2019[2008-09]Status: DisposedITAT Ahmedabad12 Nov 2020AY 2008-09

Bench: Shri Rajpal Yadav, Vice- & Shri Waseem Ahmed

195 to 200/Ahd/2019 The DCIT, Cir.(1)(1) Shri Dilip Kumar 2009-10 to 2014-15 Ahmedabad. Lalwani R-649, New Rajendra Nagar New Delhi PAN : AAEPL 5472 F 88 to 94/Ahd/2019 44— Shri Ashok The DCIT, 50 Asstt.Year : 2009-10 to Surendras Vaswani Cent.Cir.1(1) 2015-16 1, Rajdeep Villa Ahmedabad. Opp: Rivera-11 B/h. Chimanbhai Institute Prahalad

THE DCIT, CENTRAL CIRCLE-1(1), AHMEDABAD vs. SHRI ASHOK SUNDERDAS VASWANI, AHMEDABAD

ITA 806/AHD/2019[2008-09]Status: DisposedITAT Ahmedabad12 Nov 2020AY 2008-09

Bench: Shri Rajpal Yadav, Vice- & Shri Waseem Ahmed

195 to 200/Ahd/2019 The DCIT, Cir.(1)(1) Shri Dilip Kumar 2009-10 to 2014-15 Ahmedabad. Lalwani R-649, New Rajendra Nagar New Delhi PAN : AAEPL 5472 F 88 to 94/Ahd/2019 44— Shri Ashok The DCIT, 50 Asstt.Year : 2009-10 to Surendras Vaswani Cent.Cir.1(1) 2015-16 1, Rajdeep Villa Ahmedabad. Opp: Rivera-11 B/h. Chimanbhai Institute Prahalad

THE DCIT, CENTRAL CIRCLE-1(1), AHMEDABAD vs. SHRI RAJESH SUNDERDAS VASWANI, AHMEDABAD

ITA 805/AHD/2019[2008-09]Status: DisposedITAT Ahmedabad12 Nov 2020AY 2008-09

Bench: Shri Rajpal Yadav, Vice- & Shri Waseem Ahmed

195 to 200/Ahd/2019 The DCIT, Cir.(1)(1) Shri Dilip Kumar 2009-10 to 2014-15 Ahmedabad. Lalwani R-649, New Rajendra Nagar New Delhi PAN : AAEPL 5472 F 88 to 94/Ahd/2019 44— Shri Ashok The DCIT, 50 Asstt.Year : 2009-10 to Surendras Vaswani Cent.Cir.1(1) 2015-16 1, Rajdeep Villa Ahmedabad. Opp: Rivera-11 B/h. Chimanbhai Institute Prahalad

M/S. VENUS INFRABUILD,AHMEDABAD vs. THE DY.CIT.,CENT.CIRCLE-1(1),, AHMEDABAD

ITA 834/AHD/2019[2012-13]Status: DisposedITAT Ahmedabad12 Nov 2020AY 2012-13

Bench: Shri Rajpal Yadav, Vice- & Shri Waseem Ahmed

195 to 200/Ahd/2019 The DCIT, Cir.(1)(1) Shri Dilip Kumar 2009-10 to 2014-15 Ahmedabad. Lalwani R-649, New Rajendra Nagar New Delhi PAN : AAEPL 5472 F 88 to 94/Ahd/2019 44— Shri Ashok The DCIT, 50 Asstt.Year : 2009-10 to Surendras Vaswani Cent.Cir.1(1) 2015-16 1, Rajdeep Villa Ahmedabad. Opp: Rivera-11 B/h. Chimanbhai Institute Prahalad

M/S. VENUS INFRABUILD,AHMEDABAD vs. THE DY.CIT.,CENT.CIRCLE-1(1),, AHMEDABAD

ITA 837/AHD/2019[2015-16]Status: DisposedITAT Ahmedabad12 Nov 2020AY 2015-16

Bench: Shri Rajpal Yadav, Vice- & Shri Waseem Ahmed

195 to 200/Ahd/2019 The DCIT, Cir.(1)(1) Shri Dilip Kumar 2009-10 to 2014-15 Ahmedabad. Lalwani R-649, New Rajendra Nagar New Delhi PAN : AAEPL 5472 F 88 to 94/Ahd/2019 44— Shri Ashok The DCIT, 50 Asstt.Year : 2009-10 to Surendras Vaswani Cent.Cir.1(1) 2015-16 1, Rajdeep Villa Ahmedabad. Opp: Rivera-11 B/h. Chimanbhai Institute Prahalad

M/S. BHAVI LEASING & FINANCE LTD.,,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-1(1),, VADODARA

ITA 994/AHD/2017[2006-07]Status: DisposedITAT Ahmedabad19 Oct 2022AY 2006-07

Bench: Smt.Annapurna Gupta & T.R. Senthil Kumarassessment Year : 2006-07 M/S. Bhavi Leasing & Finance Ltd. Ito, Ward-1(1) 36/3, Sindhi Commercial Market Vs Baroda. Kalupur Ahmedabad 380 001. Pan : Aaacb 9407 F

For Respondent: Shri V.K. Singh, Sr. DR
Section 132Section 132(4)Section 143(3)Section 147Section 148Section 250(6)

reassessment done under section 147 has been challenged on various grounds. Before us, the ld.counsel for the assessee primarily challenged reopening for the following reasons: i) Reasons did not reveal any escapement of income in the case of the assessee; ITA No.994 /Ahd/2017 ii) No addition was made of the income which the AO had formed a belief of having

BELL GRANITO CERAMICS LTD.,,BARODA vs. THE DY.CIT.,CIRCLE-1(1),, BARODA

In the result, appeal of the assessee is allowed

ITA 2203/AHD/2014[2008-09]Status: DisposedITAT Ahmedabad30 May 2019AY 2008-09

Bench: Shri Mahavir Prasad & Shri Waseem Ahmed)

For Appellant: Smt. Urvashi Shodhan, A.RFor Respondent: Shri O.P. Meena, CIT/DR
Section 142(1)Section 143(2)Section 143(3)Section 147Section 148

section 147." (3) Asteroids Trading & Investment P. Ltd. vs. DClT (2009) 308 lTR 190 (Bom), in the said case, it was held that since no new ITA No.778/Ahd/2016 Smt Nivvaniben D. Sandesara vs. ITO Asst.Year -2008- 09- 10 - material brought on record, reassessment on change of opinion of an officer not valid. (4) Asian Paints Ltd. vs. DCIT

RAYMON PATEL GELATINE PVT.LTD.,,BARODA vs. THE INCOME TAX OFFICER,WARD-4(2),, BARODA

In the result, appeals of the assessee are partly allowed

ITA 2078/AHD/2012[2008-09]Status: DisposedITAT Ahmedabad12 Oct 2022AY 2008-09

Bench: Mrs.Annapurna Gupta & Miss Suchitra Kamble

For Appellant: Shri M.K. Patel, AdvocateFor Respondent: Shri Atul Pandey, Sr.DR
Section 143(3)Section 147Section 250(6)Section 40

u/s. 148. Hence it is held that the assessment has been re- opened correctly in this case. Hence this ground of appeal is dismissed.” 10. On going through the above, the ld.CIT(A), we find, has given a very categorical finding of the fact that reopening was resorted to on account of certain payment on which TDS was required

RAYMON PATEL GELATINE PVT.LTD.,,BARODA vs. THE INCOME TAX OFFICER,WARD-4(2),, BARODA

In the result, appeals of the assessee are partly allowed

ITA 1591/AHD/2012[2005-06]Status: DisposedITAT Ahmedabad12 Oct 2022AY 2005-06

Bench: Mrs.Annapurna Gupta & Miss Suchitra Kamble

For Appellant: Shri M.K. Patel, AdvocateFor Respondent: Shri Atul Pandey, Sr.DR
Section 143(3)Section 147Section 250(6)Section 40

u/s. 148. Hence it is held that the assessment has been re- opened correctly in this case. Hence this ground of appeal is dismissed.” 10. On going through the above, the ld.CIT(A), we find, has given a very categorical finding of the fact that reopening was resorted to on account of certain payment on which TDS was required

SHRI RATNESH METAL INDUSTRIES PRIVATE LIMITED,,AHMEDABAD vs. DCIT, CIRCLE-3(1)(2),, AHMEDABAD

In the result, the appeal of the assessee is partly allowed for statistical purpose

ITA 50/AHD/2018[2009-10]Status: DisposedITAT Ahmedabad07 Apr 2021AY 2009-10

Bench: Shri Rajpal Yadav, Vice- & Shri Amarjit Sinh

For Respondent: Shri S.S. Shukla, Sr.DR
Section 143(1)Section 147Section 148

147 was furnished to the assessee, and therefore, we reject this ground of appeal. 5. As regards second ground of appeal, brief facts of the case are that the assessee company is engaged in manufacturing and trading of hot-rolled steel, ingot, bright bar, fasteners etc. It has filed its return of income on 30.9.2009 declaring total income at Rs.1

THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(2),, AHMEDABAD vs. M/S. CADILA PHARMACEUTICALS LTD. , AHMEDABAD

In the result, appeal of the assessee is allowed and the appeal of the Revenue is dismissed

ITA 1867/AHD/2019[2011-12]Status: DisposedITAT Ahmedabad12 Nov 2024AY 2011-12

Bench: Ms. Suchitra Kamble & Shri Makarand Vasant Mahadeokarassessment Year: 2011-12

Section 143(3)Section 147Section 148Section 14ASection 35Section 36(1)(iii)Section 36(1)(vii)Section 37(1)Section 80I

u/s 80IB and Bad Debts. The Ld. AR relied upon the decision of Hon’ble Gujarat High Court in case of Cliantha Research Ltd. (2013) 35 ITA Nos.1867/Ahd/2019 & 54/Ahd/2020 Assessment Years: 2011-12 Page 5 of 8 taxmann.com 61(Guj) and Premium Finance (P.) Ltd. (2016) 73 taxmann.com 369. The Ld. AR further submitted that the assessment has been reopened

CADILA PHARMACEUTICALS LTD. ,AHMEDABAD vs. THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(2),, AHMEDABAD

In the result, appeal of the assessee is allowed and the appeal of the Revenue is dismissed

ITA 54/AHD/2020[2011-12]Status: DisposedITAT Ahmedabad12 Nov 2024AY 2011-12

Bench: Ms. Suchitra Kamble & Shri Makarand Vasant Mahadeokarassessment Year: 2011-12

Section 143(3)Section 147Section 148Section 14ASection 35Section 36(1)(iii)Section 36(1)(vii)Section 37(1)Section 80I

u/s 80IB and Bad Debts. The Ld. AR relied upon the decision of Hon’ble Gujarat High Court in case of Cliantha Research Ltd. (2013) 35 ITA Nos.1867/Ahd/2019 & 54/Ahd/2020 Assessment Years: 2011-12 Page 5 of 8 taxmann.com 61(Guj) and Premium Finance (P.) Ltd. (2016) 73 taxmann.com 369. The Ld. AR further submitted that the assessment has been reopened

DHANANJAYA TRADELINK PVT. LTD.,AHMEDABAD vs. THE ITO, WARD-1(1)(4), AHMEDABAD

In the result, both the appeals filed by the respective assessees are partly allowed for statistical purposes

ITA 898/AHD/2023[2012-13]Status: DisposedITAT Ahmedabad04 Sept 2024AY 2012-13

Bench: Ms. Suchitra Kamble & Shri Makarand Vasant Mahadeokarassessment Year: 2012-13

Section 139(1)Section 142(1)Section 143(3)Section 147Section 148Section 250Section 68

195, Doshivadani Pole, Ward – 1(2)(1), Nr. Gosaiji Haveli, Ahmedabad. Vs. Kalupur, Ahmedabad – 380 001. [PAN – AAGPV 4044 F] Assessment Year: 2012-13 Dhananjaya Tradelink Pvt. Ltd., The Income Tax Officer, 505, Padshahni Pole, Ward – 1(1)(4), Kalupur, Ahmedabad. Vs. Ahmedabad – 380 001. [PAN – AADCD 8007 A] (Appellants) (Respondents) Assessee by Shri S.N. Divetia, & Shri Samir Vora

BIPINBHAI KANTILAL VAKTA,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-1(2)(1),, AHMEDABAD

In the result, both the appeals filed by the respective assessees are partly allowed for statistical purposes

ITA 837/AHD/2023[2012-13]Status: DisposedITAT Ahmedabad04 Sept 2024AY 2012-13

Bench: Ms. Suchitra Kamble & Shri Makarand Vasant Mahadeokarassessment Year: 2012-13

Section 139(1)Section 142(1)Section 143(3)Section 147Section 148Section 250Section 68

195, Doshivadani Pole, Ward – 1(2)(1), Nr. Gosaiji Haveli, Ahmedabad. Vs. Kalupur, Ahmedabad – 380 001. [PAN – AAGPV 4044 F] Assessment Year: 2012-13 Dhananjaya Tradelink Pvt. Ltd., The Income Tax Officer, 505, Padshahni Pole, Ward – 1(1)(4), Kalupur, Ahmedabad. Vs. Ahmedabad – 380 001. [PAN – AADCD 8007 A] (Appellants) (Respondents) Assessee by Shri S.N. Divetia, & Shri Samir Vora

SHELL INTERNATIONAL B.V., ,MUMBAI vs. THE ACIT, INTL. TAXN.-1,, AHMEDABAD

ITA 2388/AHD/2018[2010-11]Status: DisposedITAT Ahmedabad20 Mar 2024AY 2010-11

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

147 / 148 of the Act, even when the conditions precedent for initiation of reassessment proceedings and various applicable timelines and requirements have not been complied with. Therefore, initiation of reassessment proceedings is bad in law, void ab initio and liable to be quashed. 2. The learned AO based on the directions of the DRP has erred on the facts