Search: reassessment u/s 147

2 results for “reassessment u/s 147”+ Section 255(8)clear

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Section 1488 Section 1474 Section 143(3)2 Reopening of Assessment2

SH. VARINDER KUMAR SOUL,JALANDHAR vs. INCOME TAX OFFICER, WARD - 3(2), JALANDHAR

ITA 451/ASR/2017[2012-13]Status: DisposedITAT Amritsar16 Jan 2018AY 2012-13

Bench: Sh. Sanjay Arora & Sh. N. K. Choudhryi.T.A. No. 451(Asr)/2017 Assessment Year: 2012-13 Pan: Cvips 5218R

For Appellant: Sh. Ashray Sarna (C.A.)For Respondent: Sh. Ghulam Mustafa (D. R.)

Section 139Section 143(3)Section 147Section 148Section 148(2)

255 ITR 220 (P&H). Be that as it may, there is equally no doubt that the AO had a valid reason to believe escapement from assessment qua rental income. The same is sufficient for him to assume jurisdiction to reopen the assessment u/s. 147. No contention in its 4 ITA No.451 (Asr)/2017(A.Y.2012-13) Varinder Kumar Soul

SHRI ARNESH KUMAR SHAKAR EX. MLA,HOSHIARPUR vs. INCOME TAX OFFICER WARD, DASUYA

In the result, appeal of the assessee ITA No

ITA 6/ASR/2021[2010-11]Status: DisposedITAT Amritsar26 Jul 2023AY 2010-11

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

Section 143(3)Section 147Section 148Section 250Section 54Section 54F

reassessment as well.” Hon'ble High Court of Punjab and Haryanain Vipin Khanna vs. CIT 255 ITR 220, the relevant paragraph is extracted as follows: - “14. In view of the above discussion, we are satisfied that the letter dated 30-7- 1998 issued by the Assessing Officer insofar as it relates to matters unconnected with the issue of depreciation