Search: reassessment

2 results for “reassessment”+ Section 271Fclear

Sorted by relevance

Mumbai32 Rajkot21 Delhi21 Pune15 Ahmedabad15 Jaipur14 Amritsar10 Nagpur9 Surat8 Hyderabad7 Patna6 Raipur5 Indore5 Cuttack4 Bangalore3 Lucknow3 Chandigarh3 Chennai2 Guwahati2 Jabalpur2 Cochin1

Key Topics

Section 271(1)(b)8 Section 273B4 Section 1472 Section 1442 Section 142(1)2 Unexplained Investment2 Penalty2 Reassessment2 Addition to Income2

SHALINI SANJEEVI,CHENNAI vs. ACIT, NCC-7(1), CHENNAI

In the result, both the appeals filed by the assessee are allowed

ITA 768/CHNY/2025[2016-17]Status: DisposedITAT Chennai10 Jun 2025AY 2016-17

Bench: Hon’Ble Shri Manu Kumar Giri & Shri Hon’Ble S.R. Raghunathaआयकर अपील सं./ Ita Nos.768 & 769/Chny/2025 िनधा=रण वष= /Assessment Years: 2016-17

For Appellant: Shri N. Arjun Raj, AdvocateFor Respondent: Ms. Gouthami Manivasagam, JCIT

Section 142(1)Section 144Section 147Section 271(1)(b)Section 273B

reassessment proceeding u/s 147 of the Act. Accordingly an order u/s 144 r.w.s. 144B of the Act was passed on 13.12.2023 by making addition of Rs. Rs.1,00,65,900/- on account of unexplained investment. During the assessment proceeding notices u/s 142(1) of the Act were issued three times upon the assessee which were not complied. Therefore, AO imposed