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12 results for “reassessment u/s 147”+ Section 153C(2)clear

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Key Topics

Section 153D25Section 153A25Section 6819Section 14816Section 56(1)(vii)15Addition to Income12Section 14710Section 143(2)7Section 250

SHRI SHISH PAL SINGH,JALANHDHAR vs. INCOME TAX OFFICER, WARD 1(4) JALANDHAR

ITA 309/ASR/2017[2008-09]Status: DisposedITAT Amritsar28 Feb 2022AY 2008-09

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: Sh. J. S. Bhasin, AdvFor Respondent: Sh. Trilochan Singh PS Khalsa, Sr DR
Section 143(1)Section 143(2)Section 143(3)Section 147Section 148Section 153CSection 250(6)

2. Subsequently, vide his reply dated 4.8.2015, filed through the counsel of the assessee, the assessee challenged the validity of the notice issued u/s 148 of the Income Tax Act, 1961. 3. After duly considering the objections raised by the assessee against initiation of proceedings u/s 147 / 148, a detailed order was passed on 17.8.2015 dealing with the objections

6
Bogus/Accommodation Entry2
Reassessment2
Reopening of Assessment2

NASA AGRO INDUSTRIES PRIVATE LIMITED,FAZILKA vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-II, BATHINDA

In the result, the appeal filed by the assessee is allowed for statistical purpose

ITA 236/ASR/2023[2011-12]Status: DisposedITAT Amritsar26 Sept 2025AY 2011-12

Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta

For Appellant: Sh. Y. K. Sud & Sh. P. K. Anand, CAs
Section 132Section 142(1)Section 143(3)Section 148Section 153cSection 250

u/s 143(3) r.w.s. 147 of the Act, 1961 dated 29.12.2018. 2 I.T.A. No. 236/Asr/2023 Assessment Year: 2011-12 2. The grounds of appeal taken by the assessee in Form No. 36 are as follows: “1. That learned CIT(A) has arbitrarily upheld initiation of reassessment proceedings on the facts & circumstances of the case only on basis of report

M/S. PUNJAB IRON & STEEL COMPANY LIMITED,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, JALANDHAR

In the result, the appeal of the assesse is allowed

ITA 75/ASR/2023[2008-09]Status: DisposedITAT Amritsar03 Aug 2023AY 2008-09

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: NoneFor Respondent: Sh. S. R. Kaushik, CIT DR
Section 153ASection 68

153C and same can be verified from AO’s record. However, the Assessing Officer for the reasons best known to him accepted the 2 cash creditors but did not accept the amount received from Mrs. Vinod Khanna. He even did not revert back to the assessee asking that he is not accepting the same unless assessee filed confirmation

SHRIMATI JATINDER KAUR(ALIAS AMRITA),JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2, JALANDHAR

In the result all the appeals of the assessee are allowed

ITA 728/ASR/2019[2011-12]Status: DisposedITAT Amritsar20 Jul 2021AY 2011-12

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

Section 153ASection 56(1)(vii)Section 68

153C should be based on incriminating material found during search. Copy of the decision is enclosed at page no. 63 to 70 [please see para no. 12.2 on the reverse of page no. 69]. ITA 728-731/Amr/2019 9 (d) CIT vs. Kabul Chawla - 380 ITR 573 (Delhi High Court): The action of the ITAT in deleting the addition u/s

SHRIMATI JATINDER KAUR (ALIAS AMRITA),JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2, JALANDHAR

In the result all the appeals of the assessee are allowed

ITA 731/ASR/2019[2016-17]Status: DisposedITAT Amritsar20 Jul 2021AY 2016-17

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

Section 153ASection 56(1)(vii)Section 68

153C should be based on incriminating material found during search. Copy of the decision is enclosed at page no. 63 to 70 [please see para no. 12.2 on the reverse of page no. 69]. ITA 728-731/Amr/2019 9 (d) CIT vs. Kabul Chawla - 380 ITR 573 (Delhi High Court): The action of the ITAT in deleting the addition u/s

SHRIMATI JATINDER KAUR ( ALIAS AMRITA),JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2, JALANDHAR

In the result all the appeals of the assessee are allowed

ITA 730/ASR/2019[2014-15]Status: DisposedITAT Amritsar20 Jul 2021AY 2014-15

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

Section 153ASection 56(1)(vii)Section 68

153C should be based on incriminating material found during search. Copy of the decision is enclosed at page no. 63 to 70 [please see para no. 12.2 on the reverse of page no. 69]. ITA 728-731/Amr/2019 9 (d) CIT vs. Kabul Chawla - 380 ITR 573 (Delhi High Court): The action of the ITAT in deleting the addition u/s

KUNDAN JEWELLERS PRIVATE LIMITED,GANDHI CHOWK, SADAR BAZAR, MUKTSAR vs. THE INCOME TAX OFFICER, WARD-2(2), MUKTSAR, MUKTSAR

In the result, the appeal of the assessee is allowed

ITA 284/ASR/2025[2014-15]Status: DisposedITAT Amritsar06 Apr 2026AY 2014-15

Bench: Sh. Udayan Dasgupta & Sh. Krinwant Sahay

For Appellant: Sh. Sudhir Sehgal, A. R
Section 147Section 148Section 153CSection 250Section 69A

153C goes to the root of assumption of jurisdiction and since the very basis of the initiation of proceedings 4 I.T.A. No. 284/Asr/2025 Assessment Year: 2014-15 have wrongly been initiated u/s 148, the proceedings as initiated by issuance of notice u/s 148 deserves to be quashed." 5. Brief facts emerging from records are that the assessee company is engaged

SHRI RAVINDER SINGH,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, JALANDHAR

In the result, the appeals of the assessee are allowed

ITA 7/ASR/2020[2015-16]Status: DisposedITAT Amritsar26 Jul 2023AY 2015-16

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: Sh. Surinder Mahajan, CAFor Respondent: Sh. Hitendra Bhauraoji Ninawe, CIT DR
Section 143(2)Section 153ASection 153D

2. That Assessing Officer vide his letter no. CC-I/JAL./153B/CUCB/2018- 19/1952 dated 30.12.2018 sent proposal to Joint Commissioner of Income Tax, Central Range, Jalandhar for approval of draft assessment orders of assessee Sh. Ravinder Singh for A.Y. 2011-12 to 2017-18 u/s 153D of the Income Tax Act. This letter was received in the office of Joint

SHRI RAVINDER SINGH,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, JALANDHAR

In the result, the appeals of the assessee are allowed

ITA 5/ASR/2020[2012-13]Status: DisposedITAT Amritsar26 Jul 2023AY 2012-13

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: Sh. Surinder Mahajan, CAFor Respondent: Sh. Hitendra Bhauraoji Ninawe, CIT DR
Section 143(2)Section 153ASection 153D

2. That Assessing Officer vide his letter no. CC-I/JAL./153B/CUCB/2018- 19/1952 dated 30.12.2018 sent proposal to Joint Commissioner of Income Tax, Central Range, Jalandhar for approval of draft assessment orders of assessee Sh. Ravinder Singh for A.Y. 2011-12 to 2017-18 u/s 153D of the Income Tax Act. This letter was received in the office of Joint

SHRI RAVINDER SINGH,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, JALANDHAR

In the result, the appeals of the assessee are allowed

ITA 8/ASR/2020[2016-17]Status: DisposedITAT Amritsar26 Jul 2023AY 2016-17

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: Sh. Surinder Mahajan, CAFor Respondent: Sh. Hitendra Bhauraoji Ninawe, CIT DR
Section 143(2)Section 153ASection 153D

2. That Assessing Officer vide his letter no. CC-I/JAL./153B/CUCB/2018- 19/1952 dated 30.12.2018 sent proposal to Joint Commissioner of Income Tax, Central Range, Jalandhar for approval of draft assessment orders of assessee Sh. Ravinder Singh for A.Y. 2011-12 to 2017-18 u/s 153D of the Income Tax Act. This letter was received in the office of Joint

SHRI RAVINDER SINGH ,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, JALANDHAR

In the result, the appeals of the assessee are allowed

ITA 9/ASR/2020[2017-18]Status: DisposedITAT Amritsar26 Jul 2023AY 2017-18

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: Sh. Surinder Mahajan, CAFor Respondent: Sh. Hitendra Bhauraoji Ninawe, CIT DR
Section 143(2)Section 153ASection 153D

2. That Assessing Officer vide his letter no. CC-I/JAL./153B/CUCB/2018- 19/1952 dated 30.12.2018 sent proposal to Joint Commissioner of Income Tax, Central Range, Jalandhar for approval of draft assessment orders of assessee Sh. Ravinder Singh for A.Y. 2011-12 to 2017-18 u/s 153D of the Income Tax Act. This letter was received in the office of Joint

SHRI RAVINDER SINGH,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, JALANDHAR

In the result, the appeals of the assessee are allowed

ITA 6/ASR/2020[2013-14]Status: DisposedITAT Amritsar26 Jul 2023AY 2013-14

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: Sh. Surinder Mahajan, CAFor Respondent: Sh. Hitendra Bhauraoji Ninawe, CIT DR
Section 143(2)Section 153ASection 153D

2. That Assessing Officer vide his letter no. CC-I/JAL./153B/CUCB/2018- 19/1952 dated 30.12.2018 sent proposal to Joint Commissioner of Income Tax, Central Range, Jalandhar for approval of draft assessment orders of assessee Sh. Ravinder Singh for A.Y. 2011-12 to 2017-18 u/s 153D of the Income Tax Act. This letter was received in the office of Joint