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2 results for “reassessment”+ Section 55Aclear

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Key Topics

Section 1487Section 1474Section 1444Section 50C4Section 148A4Section 144C3Section 693Section 1422Addition to Income2

VAZHOOR SUDARSANAN THAMPI,THRISSUR vs. INCOME TAX OFFICER, (INTERNATIONAL TAXATION), WARD-2(1), BENGALURU

Appeal is partly allowed

ITA 893/BANG/2025[2015-16]Status: DisposedITAT Bangalore28 Aug 2025AY 2015-16

Bench: Shri Prashant Maharishi & Shri Soundararajan Ka. Y. 2015-16 Appellant Respondent Vazhoor Sudarshanan The Income Tax Officer Thampi International Taxation Vazhoor House, Ward 2 (1) T C 5/1892Valappad Bangalore Vallapad Beach Thrissur Kerala 680567 Pan Afxpt6193D For Appellant Shri Sidhesh N Gadi, Ca For Respondent Dr. Divya K J Cit Dr Date Of Hearing 19-08-2025 Date Of Pronouncement 28-08-2025

Section 142Section 143Section 144Section 144CSection 147Section 148Section 148ASection 69

reassessment proceedings are for the benefit of the revenue and not for the benefit of the assessee and as there Page 5 of 14 is no claim by filing an original return of income, such claim of refund cannot be granted. 7. In response to the above remand report the assessee was directed to furnish the rejoinder. In rejoinder assessee

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1), BENGALURU vs. HIREHAL JAIRAJ BALRAM, BENGALURU

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

ITA 1961/BANG/2025[2020-21]Status: FixedITAT Bangalore18 Dec 2025AY 2020-21
Section 139(5)Section 143(1)Section 144Section 147Section 148Section 2(47)Section 50C

reassessment proceedings, the\nassessee had submitted photographs showing that the\nproject was still under construction, which substantiates\nthat the transaction was not complete. Therefore, we hold\nthat the addition of Rs.1,71,13,333/- made by the Ld. AO\nand sustained by the Ld. CIT(A) is unsustainable. The same\nis directed to be deleted.\n(iii) Sunil Kumar