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6 results for “reassessment”+ Section 145Aclear

Sorted by relevance

Mumbai33Chandigarh28Ahmedabad16Delhi12Kolkata9Agra8Chennai6Pune4Jaipur3Surat2Hyderabad2Indore2Lucknow1Rajkot1Cochin1

Key Topics

Section 143(2)13Section 1477Section 1484Section 10(37)4Section 143(1)3Section 143(3)3Section 148A3Reassessment3Reopening of Assessment3

ACIT, MADURAI vs. ARUNA ALLOY STEELS PRIVATE LTD., MADURAI

In the result, the Revenue’s appeal for assessment year

ITA 933/CHNY/2016[2008-09]Status: DisposedITAT Chennai20 Apr 2017AY 2008-09

Bench: Shri N.R.S. Ganesan & Shri Abraham P. Georgeआयकर अपील सं./Ita Nos.3, 933 & 847/Mds/2016 "नधा"रण वष" / Assessment Years : 2006-07, 2008-09 & 2007-08 The Assistant Commissioner Of M/S Aruna Alloy Steels (P) Ltd., Income Tax, V. Super B-3, Industrial Estate, Corporate Circle I, K-Pudur, Madurai – 625 007. Madurai. Pan : Aaeca 6781 D (अपीलाथ"/Appellant) (""यथ"/Respondent)

For Appellant: Sh. Pathlavath Peerya, CITFor Respondent: Shri K. Ravi, Advocate
Section 143(1)Section 143(2)Section 147

reassess the income in respect of any issue, which has escaped assessment, and such issue comes to his notice 11 I.T.A. Nos.3, 933 & 847/Mds/16 subsequently in the course of the proceedings under this section, notwithstanding that the reasons for such issue have not been included in the reasons recorded under sub- section (2) of section 148. Explanation

Deduction2
Disallowance2

ACIT, MADURAI vs. ARUNA ALLOY STEELS PRIVATE LTD., MADURAI

In the result, the Revenue’s appeal for assessment year

ITA 847/CHNY/2016[2007-08]Status: DisposedITAT Chennai20 Apr 2017AY 2007-08

Bench: Shri N.R.S. Ganesan & Shri Abraham P. Georgeआयकर अपील सं./Ita Nos.3, 933 & 847/Mds/2016 "नधा"रण वष" / Assessment Years : 2006-07, 2008-09 & 2007-08 The Assistant Commissioner Of M/S Aruna Alloy Steels (P) Ltd., Income Tax, V. Super B-3, Industrial Estate, Corporate Circle I, K-Pudur, Madurai – 625 007. Madurai. Pan : Aaeca 6781 D (अपीलाथ"/Appellant) (""यथ"/Respondent)

For Appellant: Sh. Pathlavath Peerya, CITFor Respondent: Shri K. Ravi, Advocate
Section 143(1)Section 143(2)Section 147

reassess the income in respect of any issue, which has escaped assessment, and such issue comes to his notice 11 I.T.A. Nos.3, 933 & 847/Mds/16 subsequently in the course of the proceedings under this section, notwithstanding that the reasons for such issue have not been included in the reasons recorded under sub- section (2) of section 148. Explanation

ACIT, MADURAI vs. ARUNA ALLOY STEELS (P) LTD., MADURAI

In the result, the Revenue’s appeal for assessment year

ITA 3/CHNY/2016[2006-07]Status: DisposedITAT Chennai20 Apr 2017AY 2006-07

Bench: Shri N.R.S. Ganesan & Shri Abraham P. Georgeआयकर अपील सं./Ita Nos.3, 933 & 847/Mds/2016 "नधा"रण वष" / Assessment Years : 2006-07, 2008-09 & 2007-08 The Assistant Commissioner Of M/S Aruna Alloy Steels (P) Ltd., Income Tax, V. Super B-3, Industrial Estate, Corporate Circle I, K-Pudur, Madurai – 625 007. Madurai. Pan : Aaeca 6781 D (अपीलाथ"/Appellant) (""यथ"/Respondent)

For Appellant: Sh. Pathlavath Peerya, CITFor Respondent: Shri K. Ravi, Advocate
Section 143(1)Section 143(2)Section 147

reassess the income in respect of any issue, which has escaped assessment, and such issue comes to his notice 11 I.T.A. Nos.3, 933 & 847/Mds/16 subsequently in the course of the proceedings under this section, notwithstanding that the reasons for such issue have not been included in the reasons recorded under sub- section (2) of section 148. Explanation

VEERASWAMY JOTHEESWARAN,TIRUVALLUR vs. ITO, WARD-1,, TIRUVALLUR

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

ITA 1756/CHNY/2025[2018-19]Status: HeardITAT Chennai12 Sept 2025AY 2018-19

Bench: Shri George George K

For Appellant: Shri N.V. Krishnan, AdvocateFor Respondent: Shri Y. Sudarshan, JCIT
Section 10(37)Section 142(1)Section 143(2)Section 143(3)Section 145Section 147Section 148Section 148ASection 250Section 56(2)(vii)

145A, of the Income-tax Act, 1961 - Income from other sources - Chargeable as (Interest on enhanced compensation) - Assessment year 2016- 17 - High Court by impugned order held that interest received on compensation or enhanced compensation under Land Acquisition Act, 1894 was to be treated as 'income from other sources' and not an income under head 'capital gains' - Whether special leave

CITADEL FINE PHARMACEUTICALS PRIVATE LIMITED ,CHENNAI vs. ACIT COMPANY CIRCLE I(3) , CHENNAI

In the result, the appeal of the assessee in ITA No

ITA 2028/CHNY/2017[2006-07]Status: DisposedITAT Chennai08 Feb 2018AY 2006-07

Bench: Hon’Ble Shri Nrs Ganesan, Jm & Hon’Ble Shri M.Balaganesh, Am ] I.T.A Nos. 2027 & 2028/Chny/2017 Assessment Year : 2005-06 & 2006-07 Citadel Fine Pharmaceuticals(P) Ltd. -Vs- Acit, Circle-I(3), Chennai [Pan: Aaacc1356 N] (Appellant) (Respondent)

For Appellant: Shri S. Sundararaman, CAFor Respondent: Shri ARV Sreenivasan, JCIT
Section 143(3)

section 147 of the Act in relation to the right of the ld AO to assess taxable income discovered during reassessment proceedings. Thus in the reassessment proceedings, it is not permissible for the ld AO to tax any other source of income unless the ld AO assesses to tax that income with reference to which the ld AO had formed

CITADEL FINE PHARMACEUTICALS PRIVATE LIMITED ,CHENNAI vs. ACIT COMPANY CIRCLE I(3) , CHENNAI

In the result, the appeal of the assessee in ITA No

ITA 2027/CHNY/2017[2005-06]Status: DisposedITAT Chennai08 Feb 2018AY 2005-06

Bench: Hon’Ble Shri Nrs Ganesan, Jm & Hon’Ble Shri M.Balaganesh, Am ] I.T.A Nos. 2027 & 2028/Chny/2017 Assessment Year : 2005-06 & 2006-07 Citadel Fine Pharmaceuticals(P) Ltd. -Vs- Acit, Circle-I(3), Chennai [Pan: Aaacc1356 N] (Appellant) (Respondent)

For Appellant: Shri S. Sundararaman, CAFor Respondent: Shri ARV Sreenivasan, JCIT
Section 143(3)

section 147 of the Act in relation to the right of the ld AO to assess taxable income discovered during reassessment proceedings. Thus in the reassessment proceedings, it is not permissible for the ld AO to tax any other source of income unless the ld AO assesses to tax that income with reference to which the ld AO had formed