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3 results for “reassessment”+ Section 173clear

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Key Topics

Section 14812Section 12A4Section 1472Section 112Reassessment2

SANKAR PATRO,GANJAM vs. INCOME TAX OFFICER, WARD-1, BERHAMPUR

In the result, appeal of the assessee is allowed

ITA 417/CTK/2025[2016-17]Status: DisposedITAT Cuttack01 Dec 2025AY 2016-17

Bench: SHRI GEORGE MATHAN (Judicial Member), SHRI RAJESH KUMAR (Accountant Member)

For Appellant: Shri S.K.Sarangi, ARFor Respondent: Shri Vijay Singh, Sr. DR
Section 148Section 148A

173 taxmann.com 582 (para 10 to 10.2). 3 iii) Order of ITAT Pune, in DCIT Vs. Kolte Patil Integrated Townships Ltd. ITA Nos. 2023 and 2011/PUN/2024 Dt.10.03.2025 (para 44 and 45). Copy of the above case laws are enclosed. PRAYER The assessee humbly pray that the reassessment notice u/s.148 of the IT Act dated 23.08.2022 is barred by limitation, illegal

BAJRANG ENGINEERS PRIVATE LIMITED,ROURKELA vs. ACIT,CENTRAL CIRCLE, SAMBALPUR

In the result, appeal of the assessee is allowed

ITA 4/CTK/2019[2010-11]Status: DisposedITAT Cuttack07 Jun 2022AY 2010-11

Bench: Shri George Mathan & Shri Arun Khodpiabajrang Engineers Pvt. Ltd. J-3/4, Civil Township, Rourkela-769004 Pan No.Aacca 6655 L …………….. Assessee Versus The Acit, Central Circle, Sambalpur ………………Revenue

Section 153Section 153C

reassessed, whereas section 153C comes into play only upon proving that during course of search some incriminating material pertaining to a third party is found. In other words section 153A provides for making an assessment in respect of each assessment year falling within six assessment years, upto the date of search, whereas section 153C refers to issuance of notice

M/S. MAHASAKTI FOUNDATION,KALAHANDI vs. ACIT, SAMBALPUR

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

ITA 134/CTK/2015[2007-08]Status: DisposedITAT Cuttack06 Jun 2017AY 2007-08

Bench: S/Shri N.S Saini & Pavan Kumar Gadale

For Appellant: Shri P.K.Mishra, ARFor Respondent: Shri Kunal Singh, CIT DR
Section 11Section 12ASection 147Section 194ASection 201(1)Section 40

reassessment proceedings that were pending would also come under the ambit of the first proviso to section 12A(2) of the Act. 6.5. The second proviso to section 12A(2) also provides that no action u/s 147 of the Act shall be taken merely for non-registration of trust or institution. Reading this proviso with the first proviso to section