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2 results for “reassessment”+ Demonetizationclear

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Key Topics

Section 1484Section 143(3)3Section 1473Cash Deposit2

MR. MADAN LAL GUPTA,BHADRAK vs. INCOME TAX OFFICER, BHADRAK WARD, BHADRAK

In the result, appeal of the assesee is partly allowed for the statistical purposes

ITA 379/CTK/2025[2017-18]Status: DisposedITAT Cuttack23 Sept 2025AY 2017-18

Bench: Shri George Mathanआयकर अपील सं/Ita No.379/Ctk/2025 (िनधा"रण वष" / Assessment Year : 2017-2018) Madan Lal Gupta Vs Ito, Bhadrak Ward, Bhadrak Near Charampa College, Tishalpur, Rahanja, Charampa, Bhadrak, 756101 Pan No. : Acxpg 7862 M (अपीलाथ" /Appellant) .. (""यथ" / Respondent) िनधा"रती क" ओर से /Assessee By : Shri B.R. Panda, Ar राज"व क" ओर से /Revenue By : Shri Vijay Singh, Sr. D.R. सुनवाई क" तारीख / Date Of Hearing : 23/09/2025 घोषणा क" तारीख/Date Of Pronouncement : 23/09/2025 आदेश / O R D E R This Is An Appeal Filed By The Assesee Against The Order Of The Ld.Cit(A), National Faceless Appeal Centre(Nfac),Delhi Dated 18/10/2024 Passed In Appeal No.Cit(A),Cuttack/10541/2019-20 For The Assessment Year 2017-2018. 2. At The Outset, It Is Found That The Appeal Of The Assessee Is Barred By 181 Days. In This Regard, The Assessee Has Filed An Affidavit Stating Sufficient Reasons For Condonation Of Delay, Which Are Plausible & Not Found To Be False. Ld.Sr. Dr Also Did Not Raise Any Serious Objection To Condone The Delay. Accordingly, The Delay Of 181 Days In Filing The Appeal By The Assessee Is Condoned & The Appeal Of The Assessee Is Admitted For Hearing.

For Appellant: Shri B.R. Panda, ARFor Respondent: Shri Vijay Singh, Sr. D.R
Section 140

reassessed on 05.12.2016. It was the submission that the bank of the assesee has given a categorical letter wherein it is shown that no demonetized

MIRNAL MEHTA,CUTTACK vs. ITO WRD-2(4), , CUTTACK

In the result, appeal of the assessee is allowed

ITA 169/CTK/2023[2017-18]Status: HeardITAT Cuttack09 Aug 2023AY 2017-18
For Appellant: Shri Mohit Sheth, AdvocateFor Respondent: Shri S.C.Mohanty, Sr. DR
Section 143(3)Section 147Section 148

reassessment. It is trite that the assessment cannot be reopened on Change of Opinion. Therefore, the appellant states that this is a clear case of mere Change of Opinion not sustainable in the eye of law. The reopening has to be quashed in the interest of justice. It is purely a mere Change of Opinion. Without any fresh material coming