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2 results for “reassessment u/s 147”+ Section 151Aclear

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Key Topics

Section 14810Section 148A6Section 54F3Section 1472Reopening of Assessment2Addition to Income2

M/S. CRYSTAL GRANITE AND MARBLE PRIVATE LIMITED,RAMANAGARAM vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE-2(1)(1), BANGALORE

In the result, the appeal of the assessee is allowed for statistical purposes and Stay Petition is dismissed as infructuous

ITA 405/BANG/2023[2017-18]Status: DisposedITAT Bangalore17 Aug 2023AY 2017-18

Bench: Shri George George K & Shri Laxmi Prasad Sahus.P No.29/Bang/2023 Assessment Year: 2017-18

For Appellant: Shri Rajgopal, C.AFor Respondent: Smt. Vidya K, JCIT (DR)
Section 147Section 148Section 148ASection 250

151A of the Act. Consequently, the reassessment notices in all the writ petitions are quashed. It is left open to the respective assessing authorities to initiate reassessment proceedings in accordance with the provisions of the Act as amended by Finance Act, 2021, after making all compliances, as required by law." (ii). Rajeev Bansal [2023] 147 taxmann.com 549 (Allahabad

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

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. And for other reasons and grounds that may be adduced later, it is humbly prayed that this appeal