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5 results for “reassessment”+ Section 54Fclear

Sorted by relevance

Delhi41Hyderabad16Jaipur14Chennai14Mumbai9Patna9Nagpur9Ahmedabad8Lucknow7Indore7Raipur7Visakhapatnam6Jodhpur6Kolkata5Bangalore5Chandigarh2Agra2Pune2Amritsar2Cochin1Dehradun1

Key Topics

Section 54F19Section 1486Section 143(3)5Section 1475Section 685Deduction5Section 148A4Reassessment4Long Term Capital Gains3Capital Gains

R. JAYANNA HUF,BENGALURU vs. DCIT, CENTRAL CIRCLE-2(2), BANGALORE

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

ITA 986/BANG/2025[2013-14]Status: DisposedITAT Bangalore08 Oct 2025AY 2013-14

Bench: Shri Waseem Ahmed & Shri Keshav Dubeyassessment Year: 2013-14

For Appellant: Shri Raghavendra Chakravarthy, CAFor Respondent: Shri Balusamy N, JCIT (DR)
Section 139Section 147Section 148Section 2(47)Section 54F

reassessment under Section 148 is strictly limited to income escaping assessment, not permitting taxpayers to introduce new deductions or claims unrelated to the original assessment. or claims unrelated to the original assessments. (a) The appellant failed to claim Section 54F

3
Exemption3
Section 1392

RAHUL MEKA ,BENGALURU vs. INCOME TAX OFFICER, WARD INTERNATIONAL TAXATION-1(2) , BENGALURU

In the result, appeal filed by the assessee is allowed

ITA 813/BANG/2024[2016-17]Status: DisposedITAT Bangalore06 Feb 2026AY 2016-17

Bench: Shri Prashant Maharishi & Shri Keshav Dubey

For Appellant: Shri Narendra Sharma, AdvocateFor Respondent: Dr. Divya K.J – CIT(DR)(ITAT), Bangalore
Section 147Section 45Section 54Section 54FSection 68

54F of the Act, on the facts and circumstances of the case. 4.5 The learned assessing officer and learned DRP, failed to appreciate that the appellant having re-invested the capital gains arising from sale of original property in a new residential house is eligible for claim of exemption under section 54 F of the Act, and ought to have

DR. SANJAY R MAGAVI ,HAVERI vs. INCOME TAX OFFICER, WARD-1, HAVERI

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

ITA 53/BANG/2024[2012-13]Status: DisposedITAT Bangalore12 Mar 2024AY 2012-13

Bench: Shri George George K, Vice- & Shri Laxmi Prasad Sahu

For Appellant: Ms.Lakshmi, AdvocateFor Respondent: Sri.V.Parithivel, JCIT-DR
Section 133ASection 143(3)Section 147Section 148Section 54F

reassessment was completed u/s.147 and income was assessed at Rs.1,20,74,216 including the income assessed u/s.143(3) of the Act. 3. Aggrieved from the above order of the A.O., the assessee has filed appeal before the CIT(A). The CIT(A) issued various notices to the assessee on different dates, however, the assessee has not responded

KEMPAIAH NAGARAJ,BANGALORE vs. NA, NA

In the result, the appeal filed by the assessee is allowed

ITA 2651/BANG/2025[2016-17]Status: DisposedITAT Bangalore27 Feb 2026AY 2016-17

Bench: Shri Prashant Maharishi, Vice – & Shri Soundararajan K.Assessment Year : 2016-17

For Appellant: Shri S. Sridhar, AdvocateFor Respondent: Shri Balusamy N, JCIT-DR
Section 142(1)Section 143(2)Section 148Section 148ASection 151ASection 194ISection 54F

Section 151A and Faceless Reassessment Scheme 6. Without prejudice, the Learned Commissioner (Appeals) also erred in not considering the detailed responses and evidences filed before the Assessing Officer, justifying the claim of indexed costs of acquisition and improvement and exemption u/s. 54F

MUNIRAJU VIJAYALAKSHMI ,CHIKKABALLAPURA vs. INCOME TAX OFFICER, WARD-1, CHIKKABALLAPURA

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

ITA 263/BANG/2025[2018-19]Status: DisposedITAT Bangalore08 Aug 2025AY 2018-19
Section 139Section 144Section 148Section 234ASection 250Section 50CSection 54F

54F of\nthe Act on the facts and circumstances of the case.\n9. The appellant denies the liability to pay interest u/s.234A and 234B of\nthe Act. The interest levied being erroneous is liable to be deleted on the facts\nand circumstances of the case.\n10. The appellant craves for leave of this Hon'ble Tribunal, to add, alter,\ndelete