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3 results for “reassessment u/s 147”+ Section 32Aclear

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Mumbai18Indore13Delhi7Bangalore3Chennai3Kolkata2Pune2Jaipur1Calcutta1

Key Topics

Section 2504Section 56(2)(vii)4Section 144C(13)4Section 544Section 1483Section 50D3Reassessment3Section 1542Section 144(1)(a)

HANEDA TRADING AND CONSTRUCTION SDN BHD,WEST MALAYSIA vs. DCIT, INTERNATIONAL TAXATION, CIRCLE-1(2), CHENNAI

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

ITA 1072/CHNY/2024[2014-15]Status: DisposedITAT Chennai23 Jun 2025AY 2014-15

Bench: Shri George George Kand Shri S.R. Raghunathaआयकर अपील सं./Ita No.: 1072 & 2073/Chny/2024 िनधा"रण वष"/Assessment Year:2014-15 Haneda Trading & The Deputy Commissioner Construction Sdn Bhd, Vs. Of Income Tax, Suite 10-01 Subang Square, Circle 1(2), Corporate Tower, Chennai. 47500, Jalan Ss, 15/4G, Subang Jaya Selangor, West Malaysia Pan: Aagch 2363G (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri Arjun Raj, Advocate ""यथ" क" ओर से/Respondent By : Ms. E. Pavuna Sundari, Cit सुनवाई क" तारीख/Date Of Hearing : 17.06.2025 घोषणा क" तारीख/Date Of Pronouncement : 23.06.2025

For Appellant: Shri Arjun Raj, AdvocateFor Respondent: Ms. E. Pavuna Sundari, CIT
Section 144(1)(a)Section 144CSection 144C(13)Section 148Section 154Section 250
2
Section 56(2)(vii)

u/s 144C, knowingly well that the appellant company had simultaneously filed an appeal before the CIT(A) is mischievous, suppression of facts and opposed to the law. For the aforesaid reasons, the appeal filed by the appellant may kindly be dismissed and appropriate cost be imposed under Rule 32A of ITAT Rules 1963, for the suppression of facts that could

HANEDA TRADING AND CONSTRUCTION SDN BHN,WEST MALAYSIA vs. DCIT, INTERNATIONAL TAXATION, CIRCLE-1(2), CHENNAI

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

ITA 2073/CHNY/2024[2014-15]Status: DisposedITAT Chennai23 Jun 2025AY 2014-15

Bench: Shri George George Kand Shri S.R. Raghunathaआयकर अपील सं./Ita No.: 1072 & 2073/Chny/2024 िनधा"रण वष"/Assessment Year:2014-15 Haneda Trading & The Deputy Commissioner Construction Sdn Bhd, Vs. Of Income Tax, Suite 10-01 Subang Square, Circle 1(2), Corporate Tower, Chennai. 47500, Jalan Ss, 15/4G, Subang Jaya Selangor, West Malaysia Pan: Aagch 2363G (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri Arjun Raj, Advocate ""यथ" क" ओर से/Respondent By : Ms. E. Pavuna Sundari, Cit सुनवाई क" तारीख/Date Of Hearing : 17.06.2025 घोषणा क" तारीख/Date Of Pronouncement : 23.06.2025

For Appellant: Shri Arjun Raj, AdvocateFor Respondent: Ms. E. Pavuna Sundari, CIT
Section 144(1)(a)Section 144CSection 144C(13)Section 148Section 154Section 250Section 56(2)(vii)

u/s 144C, knowingly well that the appellant company had simultaneously filed an appeal before the CIT(A) is mischievous, suppression of facts and opposed to the law. For the aforesaid reasons, the appeal filed by the appellant may kindly be dismissed and appropriate cost be imposed under Rule 32A of ITAT Rules 1963, for the suppression of facts that could

KIRTHISIMHAN WIJEYANAYAKE,COIMBATORE vs. ACIT NON CORPORATE CIRCLE 2, COIMBATORE

The appeal stands partly allowed in terms of our above order

ITA 1854/CHNY/2018[2009-10]Status: DisposedITAT Chennai06 Dec 2022AY 2009-10

Bench: Hon’Ble Shri Mahavir Singh & Hon’Ble Shri Manoj Kumar Aggarwal, Am

For Appellant: Shri R. Sivaraman (Advocate) – Ld. ARFor Respondent: Shri P. Sajit Kumar (JCIT) – Ld. DR
Section 143(3)Section 147Section 148Section 50DSection 54

reassessment proceedings and deduction u/s 54. The correct provision under which the deduction would be available to the assessee is Sec.54F and not Sec.54 since the assessee has parted with land and invested the same in residential properties. Therefore, the claim of the assessee would be ascertained at the threshold of provisions of Sec.54F. 6. We find that the original