Search: reassessment u/s 147

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Section 56(2)(vii)2 Section 50C2 Section 142A2

SARAVANAN ARUMUGAM,CHENNAI vs. ITO, CHENNAI

ITA 2966/CHNY/2024[2014-15]Status: DisposedITAT Chennai23 Apr 2025AY 2014-15

Section 142ASection 143(3)Section 144Section 147Section 148Section 50CSection 50C(2)Section 55ASection 56(2)(vii)

147 r.w.s 144 / 144B of the Income Tax Act (herein after referred as the 'Act'). No return of income for AY-2014-15 was filed by the assessee in response to notice u/s 148 also. In response to show cause notice u/s 144, the assessee had informed that it had purchased an immovable property for Rs.3