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11 results for “reassessment u/s 147”+ Section 80P(2)(d)clear

Sorted by relevance

Mumbai33Chennai19Jaipur16Bangalore11Delhi10Ahmedabad9Hyderabad9Visakhapatnam8Kolkata7Cochin6Jodhpur6Pune5Amritsar4Karnataka4Panaji2Chandigarh2Nagpur1Rajkot1

Key Topics

Section 80P15Section 80P(2)(a)14Deduction9Section 368Section 1488Reassessment8Section 1477Addition to Income7Section 69A

CANARA BANK,BENGALURU vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BANGALORE, BENGALURU

ITA 1154/BANG/2023[2018-19]Status: DisposedITAT Bangalore17 Jan 2025AY 2018-19

Bench: SHRI WASEEM AHMED, ACCOUNTANT MEMBER\nAND\nSHRI KESHAV DUBEY, JUDICIAL MEMBER\nITA No.210/Bang/2024\nAssessment Year: 2017-18\nM/s Canara Bank\nFM wing, Head Office,\n112, J.C. Road\nBangalore 560002\nVs.\nDCIT\nCircle-2(1)(1)\nBangalore\nPAN NO : AAACC6106G\nAPPELLANT\nRESPONDENT\nITA No.222/Bang/2024\nAssessment Year: 2017-18\nDCIT\nCircle-2(1)(1)\nBangalore\nVs.\nM/s Canara Bank\nFM wing, Head Office,\n112, J.C. Road\nBangalore 560 002\nAPPELLANT\nRESPONDENT\nITA No.1154/Bang/2023\nAsses

For Appellant: Sri Abarana &Anantham, A.RsFor Respondent: Ms. Neera Malhotra, D.R
Section 115JSection 14ASection 250Section 38(1)

reassess under Section 147 or pass an order\nenhancing the assessment or reducing a refund already made or\notherwise increasing the liability of the assessee under Section 154, for\nany assessment year beginning on or before the 1st day of April 2001.\n9. From perusal of Section 14A of the Act, it is evident that for the\npurposes of computing

6
Section 806
Section 115J5
Disallowance5

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1), HUBBALLI vs. M/S. KARNATAKA VIKAS GRAMEEN BANK LIMITED, DHARWAD

In the result, the appeal of assessee is partly allowed and the appeal of the revenue is dismissed

ITA 720/BANG/2020[2016-17]Status: DisposedITAT Bangalore05 Dec 2022AY 2016-17

Bench: Shri George George K. & Shri Laxmi Prasad Sahuassessment Year : 2016-17

For Appellant: Shri S Ananthan, C.AFor Respondent: Ms. Susan D George, CIT (DR)
Section 143Section 234BSection 250Section 36

147 of the Act dated 28/12/2018 passed by the assessing officer is bad in law since the mandatory conditions for re-opening as envisaged in the Act to resume jurisdiction did not exist or having not been compiled with and consequently, the reassessment requires to be cancelled under the facts and circumstances of the case. 2. The order of assessment

M/S KARNATAKA VIKAS GRAMEENA BANK,DHARWAD vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2(1), HUBBALLI

In the result, the appeal of assessee is partly allowed and the appeal of the revenue is dismissed

ITA 611/BANG/2020[2016-17]Status: DisposedITAT Bangalore02 Dec 2022AY 2016-17

Bench: Shri George George K. & Shri Laxmi Prasad Sahuassessment Year : 2016-17

For Appellant: Shri S Ananthan, C.A, S.V Ravishankar, AdvocateFor Respondent: Ms. Susan D George, CIT (DR)
Section 143Section 234BSection 250Section 36

147 of the Act dated 28/12/2018 passed by the assessing officer is bad in law since the mandatory conditions for re-opening as envisaged in the Act to resume jurisdiction did not exist or having not been compiled with and consequently, the reassessment requires to be cancelled under the facts and circumstances of the case. 2. The order of assessment

M/S. ING VYSYA BANK EMPLOYEES CO-OPERATIVE SOCIETY LIMITED PRESENTLY KNOWN AS M/S. KOTAK MAHINDRA BANK EMPLOYEES CO-OPEATIVE SOCIETY LIMITED ,BENGALURU vs. INCOME TAX OFFICER, WARD-5(2)(1), BENGALURU

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

ITA 330/BANG/2025[2011-12]Status: DisposedITAT Bangalore17 Jun 2025AY 2011-12

Bench: Shri Prashant Maharishiassessment Year : 2011-12

For Appellant: Ms. Sunaina Bhatia, AdvocateFor Respondent: Shri Ganesh R. Ghale, Standing Counsel for Revenue
Section 143(3)Section 148Section 234Section 57Section 80PSection 80P(2)(a)Section 80P(2)(d)

reassessment order passed u/s. 143(3) r.w.s. 147 of the Income-tax Act, 1961 [the Act] dated 27.12.2018 was dismissed. Page 2 of 6 2. The assessee has raised the following grounds of appeal :- “1. The orders of the authorities below in so far as they are against the appellant are opposed to law, equity, weight of evidence, probabilities, facts

M/S. AKSHAYA SOUHARDA CREDIT CO-OPERATIVE LIMITED,CHIKKABALLAPUR vs. INCOME TAX OFFICER, WARD- 1, CHIKKABALLAPUR

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

ITA 2574/BANG/2019[2014-15]Status: DisposedITAT Bangalore13 Mar 2020AY 2014-15

Bench: Shri Chandra Poojari

For Appellant: Sri.Sandeep, CAFor Respondent: Sri.Ganesh R.Ghale, Standing Council for DR
Section 143(2)Section 143(3)Section 147Section 148Section 56Section 80PSection 80P(2)Section 80P(2)(a)

147 as the assessment completed was not based on the reasons recorded. 2 M/s.Akshaya Souharda Credit Co-op Ltd. 5. That the learned Commissioner of Income-Tax (Appeals) erred in law and on facts in disallowing Rs.32,37,381/- claimed as deduction u/s. 80P(2)(a)(i) of the Act on the ground that the appellant

KANAKA CREDIT CO OPERATIVE SOCIETY LIMITED ,CHITRADURGA vs. INCOME TAX OFFICER, WARD-3, , DAVANGERE

In the result, the appeal of the assessee is allowed for statistical purposes

ITA 925/BANG/2024[2014-15]Status: DisposedITAT Bangalore03 Jul 2024AY 2014-15

Bench: Shri Laxmi Prasad Sahu & Shri Keshav Dubeyassessment Year : 2014-15

For Appellant: Ms. ShreeRaksha, DFor Respondent: Shri Ganesh R. Ghale, Standing Counsel
Section 143(3)Section 56Section 80P(2)(a)Section 80P(2)(d)

147 of the Act and the AO observed that assessee is not eligible for deduction u/s. 80P(2)(a)(i) of the Act since the assessee has Class A and Class C members as there are no equal rights for Class A and Class C members and the assessee violated the principles of mutuality. Accordingly following the Apex Court judgment

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BENGALURU, BENGALURU vs. CANARA BANK, BENGALURU

In the result, appeal of the revenue in ITA No

ITA 297/BANG/2024[2018-19]Status: DisposedITAT Bangalore17 Jan 2025AY 2018-19

Bench: Shri Waseem Ahmed & Shri Keshav Dubeyassessmentyear: 2017-18

For Appellant: Sri Abharana &Anantham, A.RsFor Respondent: Ms. Neera Malhotra, D.R
Section 115JSection 143(3)Section 14ASection 234BSection 250

reassess under Section 147 or pass an order enhancing the assessment or reducing a refund already made or otherwise increasing the liability of the assessee under Section 154, for any assessment year beginning on or before the 1st day of April 2001. 9. From perusal of Section 14A of the Act, it is evident that for the purposes of computing

SURABHI SOUHARDA CREDIT CO-OPERATIVE LIMITED ,BANGALORE vs. INCOME TAX OFFICER WARD-7(2)(5), BANGALORE

In the result, the appeal of assessee is treated as partly allowed for statistical purpose

ITA 206/BANG/2019[2014-15]Status: DisposedITAT Bangalore12 Apr 2019AY 2014-15

Bench: Shri N.V. Vasudevan & Shri Jason P. Boazassessment Year : 2014-15

For Appellant: Shri B.S. Balachandra, AdvocateFor Respondent: Shri R.N. Siddappaji, Addl.CIT
Section 143(2)Section 147Section 148Section 80P

D E R Per N V Vasudevan, Vice President : This is an appeal by the assessee against the order dated 14-12-2018 of the Commissioner of Income Tax (Appeals)-7, Bengaluru, relating to Assessment Year 2014-15. 2. The first issue that arises for consideration in this appeal is with regard to validity of initiation of proceedings u/s. 147

ITO WARD 1 TPS VIJAYAPUR, VIJAYAPUR vs. PRATHAMIK KRUSHI PATTIN SAHAKARI SANGH NIYAMIT SARWAD, SARWAD

In the result, all the 3 appeals filed by the Revenue are allowed for statistical purposes

ITA 1139/BANG/2025[2017-18]Status: DisposedITAT Bangalore30 Dec 2025AY 2017-18

Bench: Shri Prashant Maharishi & Shri Soundararajan K.

For Appellant: Shri Subramanian, Jt.CIT (DR)(ITAT), BengaluruFor Respondent: Dr. Sheetal Borkar, Advocate
Section 142(1)Section 144Section 147Section 148Section 69Section 69ASection 80Section 80P

D E R Per Prashant Maharishi, Vice President 1. ITA No.1138 & 1139/Bang/2025 for AYs 2016-17 & 2017-18 are filed by the ITO, Ward 1 TPS, Vijayapur [ The Ld. AO ] against the appellate order passed by the National Faceless Appeal Centre, Delhi (NFAC) [ld. CIT(A)] dated 21.3.2025 wherein the appal filed by the assessee against the reassessment order passed

INCOME TAX OFFICER WARD 1 TPS VIJAYAPUR , VIJAYAPUR vs. PRATHAMIK KRUSHI PATTIN SAHAKARI SANGH NIYAMIT SARWAD , SARWAD

In the result, all the 3 appeals filed by the Revenue are allowed for statistical purposes

ITA 1299/BANG/2025[2016-17]Status: DisposedITAT Bangalore30 Dec 2025AY 2016-17

Bench: Shri Prashant Maharishi & Shri Soundararajan K.

For Appellant: Shri Subramanian, Jt.CIT (DR)(ITAT), BengaluruFor Respondent: Dr. Sheetal Borkar, Advocate
Section 142(1)Section 144Section 147Section 148Section 69Section 69ASection 80Section 80P

D E R Per Prashant Maharishi, Vice President 1. ITA No.1138 & 1139/Bang/2025 for AYs 2016-17 & 2017-18 are filed by the ITO, Ward 1 TPS, Vijayapur [ The Ld. AO ] against the appellate order passed by the National Faceless Appeal Centre, Delhi (NFAC) [ld. CIT(A)] dated 21.3.2025 wherein the appal filed by the assessee against the reassessment order passed

ITO WARD 1 TPS VIJAYAPUR, VIJAYAPUR vs. PRATHAMIK KRUSHI PATTIN SAHAKARI SANGH NIYAMIT SARWAD , SARWAD

In the result, all the 3 appeals filed by the Revenue are allowed for statistical purposes

ITA 1138/BANG/2025[2016-17]Status: DisposedITAT Bangalore30 Dec 2025AY 2016-17

Bench: Shri Prashant Maharishi & Shri Soundararajan K.

For Appellant: Shri Subramanian, Jt.CIT (DR)(ITAT), BengaluruFor Respondent: Dr. Sheetal Borkar, Advocate
Section 142(1)Section 144Section 147Section 148Section 69Section 69ASection 80Section 80P

D E R Per Prashant Maharishi, Vice President 1. ITA No.1138 & 1139/Bang/2025 for AYs 2016-17 & 2017-18 are filed by the ITO, Ward 1 TPS, Vijayapur [ The Ld. AO ] against the appellate order passed by the National Faceless Appeal Centre, Delhi (NFAC) [ld. CIT(A)] dated 21.3.2025 wherein the appal filed by the assessee against the reassessment order passed