Search: reassessment u/s 147

2 results for “reassessment u/s 147”+ Section 292Bclear

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Section 271(1)(c)6 Section 143(3)4 Section 133A2 Section 1482 Section 692 Section 139(1)2 Unexplained Investment2 Penalty2 Addition to Income

MR.BABU MATHEW,COCHIN vs. THE ACIT, COCHIN

In the result, both the appeals of the assessee are allowed

ITA 96/COCH/2016[2009-10]Status: DisposedITAT Cochin19 Jan 2018AY 2009-10

Bench: S/Shri Chandra Poojari , Am & George George K., Jm

Section 133ASection 139(1)Section 143(3)Section 148Section 271(1)(c)Section 69

147 before appeals. The Hon’ble High Court of Kerala in the case of CIT vs. K. Mahim reported in 15 Taxman 557 has held that mere filing of return would not exonerate assessee from liability to penalty, nor filing of revised return after the departmental investigation would absolve the assessee from penalty.” 4. The CIT(A) observed that