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2 results for “reassessment”+ Section 55Aclear

Sorted by relevance

Mumbai8Raipur8Jaipur5Pune5Lucknow4Delhi4Kolkata3Ahmedabad3Indore2Bangalore2Chennai2Agra1Cuttack1

Key Topics

Section 143(3)3Section 1482Section 56(2)(vii)2Section 55A2Section 50C2Section 142A2Addition to Income2

SARAVANAN ARUMUGAM,CHENNAI vs. ITO, CHENNAI

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

ITA 2966/CHNY/2024[2014-15]Status: DisposedITAT Chennai23 Apr 2025AY 2014-15
Section 142ASection 143(3)Section 148Section 50CSection 50C(2)Section 55ASection 56(2)(vii)

55A cannot be\nacceded at the fag end of the time barring date.\n3.0 The Ld. Counsel of the assessee further submitted that the\nLd.CIT(A) affirmed the action of the Ld. AO without properly appreciating\ntrue facts of the case.\nIt is the case of the assessee that section 50C\nmandating stamp duty valuation is different than section

RAMANATHAN ADAIKALAVAN,COIMBATORE, TAMIL NADU vs. THE INCOME TAX OFFICER, NATIONAL FACELESS ASSESSMENT CENTRE, NEW DELHI

In the result, the appeal of the assessee is allowed

ITA 557/CHNY/2024[2014-15]Status: DisposedITAT Chennai06 Dec 2024AY 2014-15

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./ Ita No.557/Chny/2024 निर्ाारण वर्ा /Assessment Years: 2014-15 Ramanathan Adaikalavan, Deputy Commissioner Of Income Tax, No.80, Ansari Street, Ram Nagar, Non-Corporate Circle-2, Coimbatore-641009. Coimbatore [Pan: Aanpa6846P] (प्रत्यर्थी/Respondent) (अपीलार्थी/Appellant) अपीलार्थी की ओर से/ Assessee By : Shri P.M.Kathir, Advocate. प्रत्यर्थी की ओर से /Revenue By : Ms.Gouthami Manivasagam, Jcit सुिवाई की तारीख/Date Of Hearing : 05.11.2024 घोर्णा की तारीख /Date Of Pronouncement : 06.12.2024 आदेश / O R D E R Per Amitabh Shukla, A.M :

For Appellant: Shri P.M.Kathir, AdvocateFor Respondent: Ms.Gouthami Manivasagam, JCIT
Section 143(3)Section 147Section 148Section 250Section 55A

55A to the District valuation officer :- 3 -: (DVO). Meanwhile the assessee during assessment proceedings, further admitted long term capital gains of Rs. 33,48,356/- as against that of Rs.19,48,600/- qua its return of income. The additional long term capital gain of Rs.13,99,756/- was added by the Ld. AO with the disclaimer that DVO’s report